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Market Update: Inventory Takes a Tumble as Fewer Owners List in Suburbs

Market Update: Inventory Takes a Tumble as Fewer Owners List in Suburbs

by Susanne Novak | Oct 25, 2021 | Market Updates

Home sales scored another record in September and prices were up by double digits. There was an unexpected drop in inventory (compared to August) which was partially due to a sharp decline in new listings in some major suburbs. New Listings Plummet in Popular Suburbs...
What Does a Sharp Rise in Foreclosures Mean for Your Home’s Value?

What Does a Sharp Rise in Foreclosures Mean for Your Home’s Value?

by Susanne Novak | Oct 18, 2021 | Seller Tips

Many homeowners are wondering if property values will decline and whether inexpensive, bank-owned properties will flood the market after the foreclosure moratorium expired June 30, 2021. We’ve seen reports of a “significant increase in foreclosure...
3 Strategies to Buy a Home Without Competition Before the End of 2021

3 Strategies to Buy a Home Without Competition Before the End of 2021

by Susanne Novak | Oct 11, 2021 | Buyer Tips

A few weeks ago, I mentioned that October is the best time of the year to buy a house. The housing market has definitely settled down. The inventory is now 25% higher than a year ago, the average sales price has started to decline, and most listings take longer than a...
How a Reverse Mortgage Doubles Your Buying Power with Zero Monthly Payments

How a Reverse Mortgage Doubles Your Buying Power with Zero Monthly Payments

by Susanne Novak | Oct 4, 2021 | Buyer Tips

With rising property values many baby boomers have a lot of equity in their homes. If you are over 62 years old, you can use a reverse mortgage to take advantage of all that equity when you buy a new house. ​A reverse mortgage doubles your home buying power, it...
Market Update: Inventory Grows as Price Gain Slows

Market Update: Inventory Grows as Price Gain Slows

by Susanne Novak | Sep 27, 2021 | Market Updates

The Columbus housing market continued to boom in August as 9.3% more transactions closed than a year ago. Prices kept climbing and a large number of listings fetched more than list price. New Listings Drop but Inventory Climbs After New Listings had increased by 21%...
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Recent Posts

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