My goal is to be known as a valuable resource for anyone who is thinking of buying or selling a new or existing home, refinancing, considering a home improvement, or anything else real estate related....
Schools Push Up Property Values
I cannot imagine this is going over very well with the property owners... I was surprised to learn the schools had the power to challenge property values in Franklin County. Read more of this article
Home Sale Prices Strengthen in Central Ohio
I find it interesting that available inventory for single family home and condos in Central Ohio has dipped down to roughly 11,000 units, (versus roughly 16,000 last year at this time) interest rates remain at records lows, yet demand still remains sluggish. In my opinion, rental rates still need to go up in order to make owning a home a more appealing investment. Read more of this article
Central Ohio home sales up again in central Ohio
The housing market is still adjusting to a variety of issues including; tighter lending guidelines, sellers' mortgage / debt obligations, and weak demand. In spite of reduced prices and record low interest rates, I don't expect values to move much at all. I would only recommend buying if you have significant equity for down payment or plan on staying in your home at least 5 years. Read more of this article