by Susanne Novak | Jul 20, 2020 | Buyer Tips
Did you delay listing your home because you are afraid you can’t find a new one? If that’s the case, I have good news for you … it has never been more affordable to move up to a luxury home. Mortgage interest rates just dropped below 3%. That’s...
by Susanne Novak | Jun 22, 2020 | Buyer Tips
Some lenders are pulling back from rigorous credit score requirements following the uncertainty caused by the pandemic. This is good news for buyers. Credit scores on government loans have been lowered to 640. Some lenders accept as low as 620 for conventional loans....
by Susanne Novak | Jun 15, 2020 | Buyer Tips, Covid
New residential construction is booming in Central Ohio, despite of the pandemic. According to the Census Bureau, 16.4% more single family building permits were issued since the beginning of the year than the same period last year. This chart shows the numbers for...
by Susanne Novak | Jun 1, 2020 | Covid, Seller Tips
The housing market is facing a tremendous inventory shortage. While new listings are almost 30% lower than last year, home showing requests surpassed 2019 last week. As a result, the listing inventory has dropped below 3,000 active listings for the 10-county area...
by Susanne Novak | May 26, 2020 | Market Updates
You would not believe it when you read the papers – buyer demand is through the roof. Both properties I listed last week are now in contract at or above list price. The Muirfield residence you see featured at the end of this email had 12 showings on the first...
