by Susanne Novak | Jan 27, 2020 | Market Updates
The Columbus housing market had a record year in the number of sales, rising home values, and low inventories. And even the December sales shocked many of us in the real estate industry. Real estate has been very good in 2019 with no end in sight. Highlights from...
by Susanne Novak | Nov 25, 2019 | Market Updates
In October, we saw an unusually sharp increase of pending contracts, while home closings dipped a little. New listings are on the rise; however, the inventory remains at historic lows. Here are the details … Inventory Below 2018, but Stable The inventory of...
by Susanne Novak | Sep 23, 2019 | Market Updates
Fall is the time of the year when fewer homes are listed for sale. It is a time when sellers are more motivated to accept lower offers, which opens the door for buyers to find better deals and face less competition. This chart proves my point … The chart shows...
by Susanne Novak | Aug 26, 2019 | Market Updates
July saw a 3.9% increase in home sales. It’s mostly due to a sharp rise in condominium sales while single family homes were stagnant. A lack of new listings kept the inventory at its lowest level ever for the month of July, while home values keep rising. Trends...
by Susanne Novak | Jul 29, 2019 | Market Updates
June used to be the best month for home sales. Not this year. Home sales were down by 3.6% as compared to a year ago. While other metros are reporting more listings and longer days on market, Central Ohio is stubbornly fighting a lack of inventory. Who’s the...
