by Susanne Novak | Jul 27, 2020 | Market Updates
June 2020 was a month of all-time records. The housing market rebounded from the pandemic. We are trying to satisfy the pent-up demand of buyers who could not purchase in spring due to the lock down. Showing requests are 10% higher than last year, while new listings...
by Susanne Novak | Jul 13, 2020 | Buyer Tips
Last week prominent finance expert and TV personality Suze Orman wrote a post on Facebook that caused quite a stir among real estate professionals. She told her followers to delay any home buying until September, because of a pending threat of foreclosures due to high...
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 8, 2020 | Covid, Seller Tips
Today I want to share some good news and some bad news for homeowners who are thinking about selling. Home values are still rising, an inventory shortage has brought a pent up buyer demand, but will it last through the summer? Good News for Sellers We are in a...