by Susanne Novak | Sep 7, 2021 | Trends
A growing number of millennials are buying short-term rentals to generate additional income and to build wealth. According to the Wall Street Journal short-term rental owners under 30 doubled in the past 2 years. Should you join their ranks and become a real estate...
by Susanne Novak | Apr 26, 2021 | Covid, Market Updates
The total number of homes sold increased by only 2.3% in March. Not a big jump if you consider that we were locked down this time last year. However, the average sales price was up by 11.5%, Days on Market plummeted by 41.5%, the average home sells for more than list...
by Susanne Novak | Apr 9, 2021 | Buyer Tips, Covid
Central Ohio is experiencing an extreme housing shortage. Here’s a report from the trenches: Text from one of my agents: “26 showing requests since I put the new listing on the MLS an hour ago”. “More than 60 showing requests after a Coming...
by Susanne Novak | Mar 29, 2021 | Market Updates
The February 2021 housing report offers bleak news for buyers. Strong buyer demand has pushed the average sales price 13.4% higher. We suffer from record low inventories leading to a decline in sales of 2.9%. Pending contracts plummeted by a stunning 11.9% which will...
by Susanne Novak | Mar 22, 2021 | Buyer Tips, Covid, Trends
The Columbus MLS just changed how COMING SOON listings can be advertised. This has a major impact on your home search. It forces buyers to schedule showings weeks in advance and make home buying even more competitive. What Is a COMING SOON Listing? The “Coming...
