by Susanne Novak | Feb 22, 2021 | Market Updates
In January, home sales increased by 10.4% while new listings declined by 9.1%. Are we facing a future with absolutely no inventory for sale? This chart shows how the inventory has dropped over the past 10 years. In January, the number of home sales surpassed active...
by Susanne Novak | Dec 14, 2020 | Buyer Tips, Trends
Last week, I explained how you can easily beat the stock market when you become a homeowner. You benefit from higher returns because you leverage your down payment with low interest bank financing. Today, I will show you why mortgage payments are typically lower than...
by Susanne Novak | Nov 23, 2020 | Covid, Market Updates
Sales of existing homes saw a spectacular gain despite of plummeting inventories and rapidly rising prices. Nationwide, October sales increased year-over-year by 26.6%. How the Columbus Housing Market Compares Home sales are on track to surpass 2019 by at least 3%....
by Susanne Novak | Sep 28, 2020 | Covid, Market Updates
The uncertainties caused by the Covid pandemic kept many homeowners from listing their properties this year. At the same time more buyers than ever started to look for a new home, hoping to take advantage of the lowest interest rates ever. This created the perfect...
by Susanne Novak | Apr 27, 2020 | Covid, Market Updates
It is truly amazing how quickly the Columbus housing market has adjusted in March to the new normal. Home values keep rising despite of the uncertainty caused by COVID-19. The Columbus Association of Realtors just came out with its March 2020 market update. It’s...