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Move Up Buyers are Triple Winners with Interest Rates Below 3%

Move Up Buyers are Triple Winners with Interest Rates Below 3%

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...
Where Suze Orman Gets It Wrong When It Comes to Home Buying

Where Suze Orman Gets It Wrong When It Comes to Home Buying

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...
Market Update: Median Sales Price Highest Ever While Closings Slump

Market Update: Median Sales Price Highest Ever While Closings Slump

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. ​...
September Market Update: Inventory Increases 1st Time in 7 Years

September Market Update: Inventory Increases 1st Time in 7 Years

by Susanne Novak | Oct 22, 2018 | Market Updates

September home sales are in. The slowdown of the market, which I predicted over the summer months, is now confirmed by real numbers. Inventory Rises Just a Little The biggest news is a slight increase of the listing inventory by 2.6% (as compared to September 2017)....
What Exactly is a Net Sheet & Why You Should Care?

What Exactly is a Net Sheet & Why You Should Care?

by Susanne Novak | Aug 20, 2018 | Seller Tips

When you sell your home, you incur all kinds of expenses. Most of these expenses are not paid out-of-pocket, but they are deducted from the sales price. ​ To find out how much you will actually net at closing you’ll need a Net Sheet. Why Realtor Commissions are...
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