by Susanne Novak | Sep 23, 2019 | Market Updates
Fall is the time of the year when fewer homes are listed for sale. It is a time when sellers are more motivated to accept lower offers, which opens the door for buyers to find better deals and face less competition. This chart proves my point … The chart shows...
by Susanne Novak | Aug 26, 2019 | Market Updates
July saw a 3.9% increase in home sales. It’s mostly due to a sharp rise in condominium sales while single family homes were stagnant. A lack of new listings kept the inventory at its lowest level ever for the month of July, while home values keep rising. Trends...
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...
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 … ...
by Susanne Novak | Mar 25, 2019 | Market Updates
The latest Housing Report was just released by the Columbus Association of Realtors. It clearly shows that the market is heating up again. Lots of buyers are looking for homes below $400,000, but there are not enough listings. The inventory increased by 7% in February...
