by Susanne Novak | Oct 4, 2021 | Buyer Tips
With rising property values many baby boomers have a lot of equity in their homes. If you are over 62 years old, you can use a reverse mortgage to take advantage of all that equity when you buy a new house. A reverse mortgage doubles your home buying power, it...
by Susanne Novak | Jun 14, 2021 | Buyer Tips, Trends
The average price of a new construction home was $378,850 in April. That’s roughly $87,000 more than the average price of an existing home (which was $291,900). There are five reasons why new homes are more expensive than existing homes, and why prices are...
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 | 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...