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Mortgage Interest Rates Rise Much Faster Than Predicted

Mortgage Interest Rates Rise Much Faster Than Predicted

by Susanne Novak | Feb 21, 2022 | Buyer Tips, Trends

I just want to send you a quick update from the mortgage interest front. You probably heard that interest rates will rise in 2022. Many experts predicted that the 30-year fixed rate will increase to 3.8% by the end of this year. Unfortunately, their predictions were...
Should You Waive Inspections to Win a Bidding War?

Should You Waive Inspections to Win a Bidding War?

by Susanne Novak | Jan 31, 2022 | Buyer Tips

In today’s competitive housing market it has become common practice for buyers to waive contingencies when they submit an offer. Here are my thoughts on which contingencies you may consider waiving, and when you definitely should not waive them. 3 Contract...
Market Update: New Listings Increase by 33% while Showing Index Hits Record High

Market Update: New Listings Increase by 33% while Showing Index Hits Record High

by Susanne Novak | May 24, 2021 | Market Updates

The Central Ohio housing market is booming. As a buyer you know how hard it is to get an offer accepted when 20 others compete for the same property. Home sales were 23.1% higher in April compared to the same month last year. New listings increased by 32.9%, and the...
Market Update: Listings Jump 10.4% as Sellers Take Advantage of Mild Winter

Market Update: Listings Jump 10.4% as Sellers Take Advantage of Mild Winter

by Susanne Novak | Feb 23, 2020 | Market Updates

In January, realtor.com named Columbus the TOUGHEST Housing Market to find a Home in the Midwest. That’s based on the fact that only 8.1 homes are listed for every 1,000 households. If you’ve been thinking about selling your home, this market update is for...
January 2019 Market Update: Home Sales Down while Inventory Grows by 12%

January 2019 Market Update: Home Sales Down while Inventory Grows by 12%

by Susanne Novak | Feb 25, 2019 | Market Updates

The housing market is changing. Both inventory and new listings have increased by more than 10% in January, while closings are down from a year ago. The original list price to sale price ratio dropped to 94.8%. Sellers have accepted larger discounts than any time in...

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Recent Posts

  • Market Update: Average Sales Price Hits New Record, Inventory Improves
  • How to Beat Skyrocketing Mortgage Rates
  • Upsizing: How Real Estate Experts Got Baby Boomers Completely Wrong
  • How to Skirt Bidding Wars with Curb Offers
  • Should You Buy a $875,000 Townhouse in Dublin’s Bridge Park?
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