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Market Update: Average Sales Price Hits New Record, Inventory Improves

Market Update: Average Sales Price Hits New Record, Inventory Improves

by Susanne Novak | Apr 25, 2022 | Market Updates

At $318,826 the average sales price of a Columbus home has reached an all time record. That’s 11.9% higher than a year ago, and higher than the previous record from June 2021. The number of closed sales was 2.5% lower than in March 2021. This is mostly due to...
Market Update: Home Values Rise by 11% in Feb, Keeping First-Time Buyers Struggling

Market Update: Home Values Rise by 11% in Feb, Keeping First-Time Buyers Struggling

by Susanne Novak | Mar 21, 2022 | Market Updates

There were no surprises in the February housing report. Home sales were up by 1.8%, while pending contracts slipped by 1% as compared to a year ago. The 5% increase in new listings improved the inventory by only 3.3%. As of this morning, there were 1,540 active...
The Best Time to Buy a Home is the First Week of October – Are You Ready?

The Best Time to Buy a Home is the First Week of October – Are You Ready?

by Susanne Novak | Sep 20, 2021 | Buyer Tips

The first half of 2021 was extremely challenging for buyers. You had to compete against multiple offers typically above list price, the inventory was lower than ever, and many homes sold in just a few days. If you have lost out a few times, you may have concluded that...
How I Prepare my Sellers to a Stress-Free Home Sale

How I Prepare my Sellers to a Stress-Free Home Sale

by Susanne Novak | Jul 12, 2021 | Seller Tips

It happens all the time in this low inventory market. I schedule a showing for my buyers as soon as a new listing hits the MLS, and an hour later the listing agent calls and cancels. “We accepted an offer. The homeowner was too overwhelmed from the rush of...
Unsellable Homes? Should You Write Offers on Homes Listed for 90 Days or More?

Unsellable Homes? Should You Write Offers on Homes Listed for 90 Days or More?

by Susanne Novak | May 3, 2021 | Buyer Tips

Even in today’s super hot market not every home sells quickly. Some listings don’t see an offer in the first couple of weeks. They may become a good candidate to write a contract without having to compete against other buyers. I did some research on the...
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