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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)....
August 2018 Market Update: The Summer Slump is Over

August 2018 Market Update: The Summer Slump is Over

by Susanne Novak | Sep 24, 2018 | Market Updates

It appears that the summer slump is over, and the market is buzzing again. The average sales price has increased by 6.6% year over year. It stands at $231,353. Change is in the air though. There are more new listings on the market and the number of pending contracts...
Listing Inventory Shortage Leads to First Ever 10.9% Spring Sales Drop

Listing Inventory Shortage Leads to First Ever 10.9% Spring Sales Drop

by Susanne Novak | May 28, 2017 | Market Updates

The lack of listing inventory has caught up with the housing market. Home sales dropped by a staggering 10.9% in April (while values sky-rocket). This is very unusual and never happened in spring. Traditionally, April and May have been the months when home sales...

What’s Really Behind Columbus Homes Sales Stats

by Susanne Novak | Jun 21, 2011 | Neighborhoods

On Monday the Board of Realtors published sales stats of Columbus homes for the month of May. On Tuesday the newspapers are full of doom and gloom stories, predicting a double dip recession and the total depression of the housing market. At first view the housing...
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