by Susanne Novak | Apr 25, 2022 | Market Updates
At $318,826 the average sales price of a Columbus home has reached an all time record. That’s 11.9% higher than a year ago, and higher than the previous record from June 2021. The number of closed sales was 2.5% lower than in March 2021. This is mostly due to...
by Susanne Novak | Apr 18, 2022 | Buyer Tips
It’s tough to be a buyer in today’s market. You are facing rapidly increasing home values, fierce bidding wars, and a super low inventory of listings. On top of it, mortgage interest rates have skyrocketed to above 5%, the highest in 11 years. This means...
by Susanne Novak | Mar 21, 2022 | Market Updates
There were no surprises in the February housing report. Home sales were up by 1.8%, while pending contracts slipped by 1% as compared to a year ago. The 5% increase in new listings improved the inventory by only 3.3%. As of this morning, there were 1,540 active...
by Susanne Novak | Mar 14, 2022 | Seller Tips
Many homeowners believe it’s a piece of cake to sell their house in today’s booming sellers market. They assume offers will come pouring in as soon as the house hits the market. I can assure you this is NOT the case. You can’t just relax on the beach...
by Susanne Novak | Feb 28, 2022 | Market Updates
The Central Ohio Housing Market was mostly unchanged in January. Home sales and pending contracts were slightly lower than last year, while home values kept rising by double digits. Home Sales Down – Inventory Remains Low The chart below shows how Pending...
