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What Does a Sharp Rise in Foreclosures Mean for Your Home’s Value?

What Does a Sharp Rise in Foreclosures Mean for Your Home’s Value?

by Susanne Novak | Oct 18, 2021 | Seller Tips

Many homeowners are wondering if property values will decline and whether inexpensive, bank-owned properties will flood the market after the foreclosure moratorium expired June 30, 2021. We’ve seen reports of a “significant increase in foreclosure...
Market Update: Median Sales Price Highest Ever While Closings Slump

Market Update: Median Sales Price Highest Ever While Closings Slump

by Susanne Novak | Jun 29, 2020 | Market Updates

The May market update from the Columbus Association of Realtors confirmed my previous estimates. The listing inventory is 28% lower than a year ago, but buyer interest has surged significantly since the economy started to re-open – and home values keep rising. ​...
Market Update: September Home Sales Spike, Decimates Inventory

Market Update: September Home Sales Spike, Decimates Inventory

by Susanne Novak | Oct 28, 2019 | Market Updates

September home sales were exceptionally strong. Closings increased by 8.9% over last year’s numbers, probably fueled by lower interest rates. At the same time 8.4% more homeowners decided to list. It’s the largest increase of new listings ever during the...

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Recent Posts

  • Market Update: Average Sales Price Hits New Record, Inventory Improves
  • How to Beat Skyrocketing Mortgage Rates
  • Upsizing: How Real Estate Experts Got Baby Boomers Completely Wrong
  • How to Skirt Bidding Wars with Curb Offers
  • Should You Buy a $875,000 Townhouse in Dublin’s Bridge Park?
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