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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%....
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...
Market Update: Home Values Keep Rising, with No End in Sight

Market Update: Home Values Keep Rising, with No End in Sight

by Susanne Novak | Sep 28, 2020 | Covid, Market Updates

The uncertainties caused by the Covid pandemic kept many homeowners from listing their properties this year. At the same time more buyers than ever started to look for a new home, hoping to take advantage of the lowest interest rates ever. This created the perfect...
Should You File a Complaint to Lower Your Property Taxes?

Should You File a Complaint to Lower Your Property Taxes?

by Susanne Novak | Sep 21, 2020 | Seller Tips, Trends

Every six years the Franklin County Auditor conducts a full appraisal of all properties in the county. They make additional adjustments to the valuation every 3 years. 2020 is one of these years. If you are living in Franklin County you probably received a colorful...
Are People Really Fleeing Downtown for the Country? Here are the Numbers…

Are People Really Fleeing Downtown for the Country? Here are the Numbers…

by Susanne Novak | Sep 8, 2020 | Buyer Tips, Covid

Last week I saw a survey of ground-floor businesses, hotels, and commercial landlords in downtown Columbus. Following pandemic related shutdowns and civil unrest many businesses are struggling to stay afloat. How Soon Can Downtown Businesses Recover? 58% of surveyed...
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