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 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 | 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...
by Susanne Novak | Apr 13, 2020 | Covid, Seller Tips
You are probably overwhelmed with COVID-19 news. So, I will keep this short. I want you to know which benefits are available to homeowners through the CARES Act (the massive stimulus package from our government). How the CARES Act Helps Homeowners The CARES Act...