Susanne Novak, Broker/Realtor
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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...
Market Update: Avg Sales Price Shattering the $250K Glass Ceiling

Market Update: Avg Sales Price Shattering the $250K Glass Ceiling

by Susanne Novak | Jun 24, 2019 | Market Updates

Last week I received a voice message from an angry homeowner. He accused me of FAKE NEWS after he received my postcard saying that the median sales price skyrocketed by 12.4%. Sorry, pal. It’s true. Columbus Realtors housing stats show that the median has...
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 … ​...
Market Update: What to Expect in 2019 After a Dismal December

Market Update: What to Expect in 2019 After a Dismal December

by Susanne Novak | Jan 28, 2019 | Market Updates

I had a strong December with 3 new listings and 4 closings before the end of the year. That’s why I was really surprised when I read the December housing report from the Columbus Realtors Association. With the exception of the average sales price, which...
October Market Update: More Price Reductions as Closings Decline

October Market Update: More Price Reductions as Closings Decline

by Susanne Novak | Nov 26, 2018 | Market Updates

I hope you had an enjoyable Thanksgiving Holiday, got all your Black Friday Shopping done, and celebrated yet another Buckeye victory over the team up north. We spent a couple of days in Chicago and enjoyed Thanksgiving dinner with our sons. Visiting the Christkindl...
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