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Inventory Crisis Worsens with Drop in New Permits – What’s Next?

Inventory Crisis Worsens with Drop in New Permits – What’s Next?

by Susanne Novak | Feb 3, 2020 | Buyer Tips

When Buckeye Chuck peaked out of his hole this morning, he did not see his shadow. This means spring will come early – good news for home buyers and sellers. As a matter of fact, buyers are already out in force looking for the perfect home before all hell breaks...
Market Update: Building Permits Slump by 21%

Market Update: Building Permits Slump by 21%

by Susanne Novak | Jul 29, 2019 | Market Updates

June used to be the best month for home sales. Not this year. Home sales were down by 3.6% as compared to a year ago. While other metros are reporting more listings and longer days on market, Central Ohio is stubbornly fighting a lack of inventory. Who’s the...
September Market Update: Inventory Increases 1st Time in 7 Years

September Market Update: Inventory Increases 1st Time in 7 Years

by Susanne Novak | Oct 22, 2018 | Market Updates

September home sales are in. The slowdown of the market, which I predicted over the summer months, is now confirmed by real numbers. Inventory Rises Just a Little The biggest news is a slight increase of the listing inventory by 2.6% (as compared to September 2017)....
New Neighborhood Spotlight: Orchid Hill in Jerome Village

New Neighborhood Spotlight: Orchid Hill in Jerome Village

by Susanne Novak | Mar 29, 2018 | Neighborhoods

Orchid Hill is one of the newest neighborhoods in Jerome Village. The fact that the top-rated Dublin School District is within walking distance, draws a lot of attention. The city has actually approved of two new Dublin Schools to be developed within the Jerome...
Listing Inventory Hits Rock-Bottom Despite Record Breaking Central Ohio Housing Market

Listing Inventory Hits Rock-Bottom Despite Record Breaking Central Ohio Housing Market

by Susanne Novak | Jan 31, 2016 | Market Updates

2015 was record breaking for real estate in Columbus OH. The market beat its previous high of 2005 when housing boomed. The total number of homes and condos sold in 2015 was 29,408 – almost 2,000 units more than in 2005. While December 2015 home sales were up by...
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