by Susanne Novak | Apr 18, 2022 | Buyer Tips
It’s tough to be a buyer in today’s market. You are facing rapidly increasing home values, fierce bidding wars, and a super low inventory of listings. On top of it, mortgage interest rates have skyrocketed to above 5%, the highest in 11 years. This means...
by Susanne Novak | Feb 21, 2022 | Buyer Tips, Trends
I just want to send you a quick update from the mortgage interest front. You probably heard that interest rates will rise in 2022. Many experts predicted that the 30-year fixed rate will increase to 3.8% by the end of this year. Unfortunately, their predictions were...
by Susanne Novak | Dec 6, 2021 | Buyer Tips, Trends
If you’ve dreamed of owning a second home, you’re not alone — interest in second homes has been rising during the pandemic. Unfortunately, the cost and responsibility of maintaining a second home puts ownership beyond the reach of most would-be buyers. Your second...
by Susanne Novak | Nov 29, 2021 | Market Updates
The Columbus housing market was buzzing during the month of October. Home sales were up by 5% and pending contracts were 11.6% higher than a year ago. Buyers who missed out during the spring selling season are taking advantage of less competition while interest rates...
by Susanne Novak | Nov 15, 2021 | Buyer Tips
A few days ago, this article on the front page of the Wall Street Journal caught my attention. All over the US homes have been selling quickly. In many cases it took less than a week from list to contract. It has become increasingly difficult to compete in this hot...