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 29, 2020 | Market Updates
The May market update from the Columbus Association of Realtors confirmed my previous estimates. The listing inventory is 28% lower than a year ago, but buyer interest has surged significantly since the economy started to re-open – and home values keep rising. ...
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 11, 2020 | Buyer Tips, Covid, Seller Tips
While businesses are getting ready to slowly re-open, the housing market is already in full recovery as showings are up and buyers are determined to find a new place to call home. We have been tracking home sales during the pandemic on a weekly basis since March. You...