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Market Update 2016: How Dublin & Powell Home Values Increased since 2012
December 2016 home sales were flat as compared to a year ago, but home values keep rising. We did not see the usual "December Spike" I mentioned in a previous market update. Overall 2016 was a record year! Closed sales were up by 6.8% and home values rose by 5.8% for...
Why Profitable House Flipping Has Become Harder in Columbus
House flipping is gaining in popularity again. An increasing number of property investors wants to get back in the market to capitalize on the very limited supply of homes for sale and a strong demand from buyers. Reality shows on channels like HGTV have contributed...
Why Home Sales Dropped by 10% in Some Central Ohio School Districts
Home sales dropped by 7.6% in the Columbus MLS during the month of July 2016. This comes as a surprise to both economists and Realtors, who predicted solid growth for the rest of the year. Why did the Columbus Real Estate Market fall off a Cliff? Here are a few...
Columbus Market Update: Average Sales Price of Homes Exceeds $200K
The Columbus housing market continues to boom and the average sales price of existing homes has surpassed $200,000. As we approach the peak of the spring buying season, home sellers got used to multiple offers above list price and contracts within days of listing...
Listing Inventory Hits Rock-Bottom Despite Record Breaking Central Ohio Housing Market
While 2015 was the best year of record for Columbus real estate, the listing inventory dropped to 6,010, leaving home buyers competing for a very limited number of houses for sale.
Will Columbus Home Sales Fall Off A Cliff in August?
While Columbus home sales have reached record highs in July 2015, we observed that the market has slowed down considerably in August. Find out why homes sales will not fall off the cliff later this year.
As Housing Sales Boom Home Ownership Rate Takes a Plunge
In May 2015 the Columbus housing market is booming with sales and values up by almost 10%. The rate of home ownership has plunged to the lowest level in 30 years. Find out why.
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