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Market Update: Record Sales Fueled by Rise in New Listings

Market Update: Record Sales Fueled by Rise in New Listings

by Susanne Novak | Jul 26, 2021 | Market Updates

June was another record-breaking month for the Columbus housing market. Sales were up by 15.6% over June last year. It only took 11 days in average to get a contract on a listing – that’s 59.3% faster than a year ago. The average sales price peaked at...
4 Steps to Successfully Buy (and Not Overpay) in a Sellers’ Market

4 Steps to Successfully Buy (and Not Overpay) in a Sellers’ Market

by Susanne Novak | Jun 21, 2021 | Buyer Tips

Today’s housing market is challenging to say the least.  Many home buyers get frustrated when they are faced with a slim selection of listings and competing purchase offers above list price. All too often I see buyers delay their home purchase hoping the housing...
Market Update: How Much Over List Price Should You Offer to Win?

Market Update: How Much Over List Price Should You Offer to Win?

by Susanne Novak | Apr 26, 2021 | Covid, Market Updates

The total number of homes sold increased by only 2.3% in March. Not a big jump if you consider that we were locked down this time last year. However, the average sales price was up by 11.5%, Days on Market plummeted by 41.5%, the average home sells for more than list...
Market Update: Why Home Sales Dropped in February

Market Update: Why Home Sales Dropped in February

by Susanne Novak | Mar 29, 2021 | Market Updates

The February 2021 housing report offers bleak news for buyers. Strong buyer demand has pushed the average sales price 13.4% higher. We suffer from record low inventories leading to a decline in sales of 2.9%. Pending contracts plummeted by a stunning 11.9% which will...
How Coming Soon Listings Impact Your Home Search

How Coming Soon Listings Impact Your Home Search

by Susanne Novak | Mar 22, 2021 | Buyer Tips, Covid, Trends

The Columbus MLS just changed how COMING SOON listings can be advertised. This has a major impact on your home search. It forces buyers to schedule showings weeks in advance and make home buying even more competitive. What Is a COMING SOON Listing? The “Coming...
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