Susanne Novak, Broker/Realtor
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How Coming Soon Listings Impact Your Home Search

How Coming Soon Listings Impact Your Home Search

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...
What You Need to Know Before You Build in 2021

What You Need to Know Before You Build in 2021

by Susanne Novak | Mar 8, 2021 | Buyer Tips, Trends

Last Friday, two of my clients signed contracts on new construction homes. One was lucky and got the last market home in their preferred MI subdivision. The other couple missed out on an inventory home they really liked. It was snatched up by another buyer the morning...
Market Update: On a Crash Course to Zero Inventory

Market Update: On a Crash Course to Zero Inventory

by Susanne Novak | Feb 22, 2021 | Market Updates

In January, home sales increased by 10.4% while new listings declined by 9.1%. Are we facing a future with absolutely no inventory for sale? This chart shows how the inventory has dropped over the past 10 years. In January, the number of home sales surpassed active...
Find Out Why New Construction Became More Affordable Than Existing Homes

Find Out Why New Construction Became More Affordable Than Existing Homes

by Susanne Novak | Feb 8, 2021 | Buyer Tips, Trends

The inventory of homes for sale has dropped by 47.3% in January as compared to a year ago. However, demand for housing has never been higher. My newest listing had 50 showings in 3 days. And more buyers scheduled to see the house yesterday. You are probably wondering...
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...
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