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Market Update: New Listings Increase by 33% while Showing Index Hits Record High

Market Update: New Listings Increase by 33% while Showing Index Hits Record High

by Susanne Novak | May 24, 2021 | Market Updates

The Central Ohio housing market is booming. As a buyer you know how hard it is to get an offer accepted when 20 others compete for the same property. Home sales were 23.1% higher in April compared to the same month last year. New listings increased by 32.9%, and the...
Can’t Sell without Finding a New Home First? We have Solutions!

Can’t Sell without Finding a New Home First? We have Solutions!

by Susanne Novak | Apr 9, 2021 | Buyer Tips, Covid

Central Ohio is experiencing an extreme housing shortage. Here’s a report from the trenches: Text from one of my agents: “26 showing requests since I put the new listing on the MLS an hour ago”. “More than 60 showing requests after a Coming...
Rent vs. Buy [2 of 2]: Why Homeowners Pay Less than Renters and Save Every Month

Rent vs. Buy [2 of 2]: Why Homeowners Pay Less than Renters and Save Every Month

by Susanne Novak | Dec 14, 2020 | Buyer Tips, Trends

Last week, I explained how you can easily beat the stock market when you become a homeowner. You benefit from higher returns because you leverage your down payment with low interest bank financing. Today, I will show you why mortgage payments are typically lower than...
Rent vs. Buy [1 of 2]: Why Homeowners Become 40x Wealthier than Tenants

Rent vs. Buy [1 of 2]: Why Homeowners Become 40x Wealthier than Tenants

by Susanne Novak | Dec 7, 2020 | Buyer Tips

According to a report from the Federal Reserve the net worth of homeowners is 40x higher than the net worth of renters. This makes home ownership the single best way to create wealth for most families. Let me show you exactly how it works. Homes Appreciate...
Market Update: Home Prices Spike, Inventory Plummets, Sales Jump Higher than in 2019

Market Update: Home Prices Spike, Inventory Plummets, Sales Jump Higher than in 2019

by Susanne Novak | Nov 23, 2020 | Covid, Market Updates

Sales of existing homes saw a spectacular gain despite of plummeting inventories and rapidly rising prices. ​Nationwide, October sales increased year-over-year by 26.6%. How the Columbus Housing Market Compares Home sales are on track to surpass 2019 by at least 3%....
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