by Susanne Novak | Mar 21, 2022 | Market Updates
There were no surprises in the February housing report. Home sales were up by 1.8%, while pending contracts slipped by 1% as compared to a year ago. The 5% increase in new listings improved the inventory by only 3.3%. As of this morning, there were 1,540 active...
by Susanne Novak | Feb 28, 2022 | Market Updates
The Central Ohio Housing Market was mostly unchanged in January. Home sales and pending contracts were slightly lower than last year, while home values kept rising by double digits. Home Sales Down – Inventory Remains Low The chart below shows how Pending...
by Susanne Novak | Feb 21, 2022 | Buyer Tips, Trends
I just want to send you a quick update from the mortgage interest front. You probably heard that interest rates will rise in 2022. Many experts predicted that the 30-year fixed rate will increase to 3.8% by the end of this year. Unfortunately, their predictions were...
by Susanne Novak | Jan 31, 2022 | Buyer Tips
In today’s competitive housing market it has become common practice for buyers to waive contingencies when they submit an offer. Here are my thoughts on which contingencies you may consider waiving, and when you definitely should not waive them. 3 Contract...
by Susanne Novak | Jan 3, 2022 | Buyer Tips
Let’s begin the new year with a success story that started one year ago. My clients, Brian and Brandon, have been renting an apartment for the past five years. Every month they put money aside to save for the down payment to buy and own a home. 2021 was supposed...
