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Market Update: 5 Charts Show How 2020 Home Sales Broke All Records

Market Update: 5 Charts Show How 2020 Home Sales Broke All Records

by Susanne Novak | Jan 25, 2021 | Covid, Market Updates

The 2020 housing market broke all records. After a short interruption due to Covid related lockdowns, real estate staged a remarkable comeback in the second half of the year. Despite of Covid, Realtors sold more homes in less time at higher prices than ever before. In...
Why You Should Not Wait Till Spring to List Your Home

Why You Should Not Wait Till Spring to List Your Home

by Susanne Novak | Jan 18, 2021 | Seller Tips

Have you been thinking about selling this year? You may be wondering if you should wait till spring or list right now. Traditionally, most buyers start house hunting in March or April, however, the Covid pandemic changed everything. Buyers are already out in full...
Market Update: Why Luxury Home Sales are on Fire

Market Update: Why Luxury Home Sales are on Fire

by Susanne Novak | Dec 28, 2020 | Covid, Market Updates

The housing market kept rallying throughout fall. We are on track to set a new sales record in 2020. Residential sales were up by 12.7% in November when compared to the same month a year ago, and the average sales price jumped by 15.3%. With low interest rates...
Market Update: Pending Contracts Up Sharply while Closings Decline

Market Update: Pending Contracts Up Sharply while Closings Decline

by Susanne Novak | Nov 25, 2019 | Market Updates

In October, we saw an unusually sharp increase of pending contracts, while home closings dipped a little. New listings are on the rise; however, the inventory remains at historic lows. Here are the details … Inventory Below 2018, but Stable The inventory of...
March Market Update: Home Sales Slump by 8.7%

March Market Update: Home Sales Slump by 8.7%

by Susanne Novak | Apr 29, 2019 | Market Updates

Don’t be fooled by a report claiming that Columbus is the Hottest Housing Market in the country or by a news release that states home sales were up by 24.7% in March. Both claims are misleading. Keep reading to find out what’s really going on … ​...
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