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Market Update: Home Prices Spike, Inventory Plummets, Sales Jump Higher than in 2019

Market Update: Home Prices Spike, Inventory Plummets, Sales Jump Higher than in 2019

by Susanne Novak | Nov 23, 2020 | Covid, Market Updates

Sales of existing homes saw a spectacular gain despite of plummeting inventories and rapidly rising prices. ​Nationwide, October sales increased year-over-year by 26.6%. How the Columbus Housing Market Compares Home sales are on track to surpass 2019 by at least 3%....
How the Pandemic Shaped New Home Design Trends

How the Pandemic Shaped New Home Design Trends

by Susanne Novak | Nov 16, 2020 | Buyer Tips, Covid, Trends

The biggest trend in residential home design is multi-generational living. The Covid pandemic has affected older age groups disproportionately. Many families don’t want their elderly relatives confined to an assisted living center or a nursing facility. Instead,...
Market Update: Home Values Climb 16% in September

Market Update: Home Values Climb 16% in September

by Susanne Novak | Oct 26, 2020 | Market Updates

The Columbus housing market more than recovered from the pandemic: Year to date home sales are higher than in 2019 Home values have skyrocketed by 16% in September Homes sell for more than list price (in average), and The supply is down to 1 month (this means the MLS...
Why Home Ownership is the Best Way to Create Wealth

Why Home Ownership is the Best Way to Create Wealth

by Susanne Novak | Oct 19, 2020 | Buyer Tips

Some people shy away from buying a home while we are in this hot sellers’ market. I don’t blame them. The competition for affordable properties is intense, and home values have increased substantially. After all, you can lease a brand new, modern apartment for a...
3 Reasons Why New Home Prices Have Skyrocketed Post-Covid

3 Reasons Why New Home Prices Have Skyrocketed Post-Covid

by Susanne Novak | Aug 31, 2020 | Buyer Tips, Covid

Last Sunday, I visited an Epcon Model Home with one of my clients. When we were finished with the “dog-and-pony” show the sales rep said: “Don’t wait too long. Our base price will go up by $10,000 tomorrow.” That’s not the first...
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