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Young Home Buyers Will Lead Housing Market Recovery, Says NAHB

By MaryAnn Shoemaker on March 22, 2011

Generation X—young families and adults ages 31 to 45—are likely to lead the home-buying recovery as it gets underway, according to real estate experts who spoke at an educational webinar produced by the National Association of Home Builders (NAHB) in partnership with Builder magazine.
These potential home buyers are most likely to think it’s a good [...]

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Proposed Mortgage Industry Reforms—Waiting Predicted to be Costly

By Angela Murphy on February 24, 2011

You hear it everywhere today, the media is reporting about the current administration’s plan to reform the mortgage market and do away with or limit government supported programs, such as Fannie Mae and Freddie Mac. But, do you understand what this means to you

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Why short sales don’t close

By Larry Schottenstein on February 23, 2011

The number one reason why short sales don’t close is because the buyer will become frustrated and walk from the deal. As an agent the must frustrating thing for me is when clients become emotional because they don’t make wise decisions. Once a buyer or seller becomes emotional then they are likely to not make [...]

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8 Quick Fixes to Increase Home Value

By MaryAnn Shoemaker on January 22, 2011

With buyers scarcer, sellers must up the ante to convince them that their property offers what many want most — top value for dollar expended. Here are eight fast fixes:
1. Buff up curb appeal. You’ve heard it before, but it’s critical to get buyers to want to look on the inside. Be objective. View listings [...]

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Home sales statistics for central Ohio in 2010

By Chris Harpster on January 20, 2011

These are very interesting times, with great opportunities. Recognizing them is the challenge.

This mess didn’t happen overnight and it is going to take some time to undo the damage that occurred during the boom years. I believe sales will remain steady and slowly improve. We should less inventory mainly due to the demand for rental homes.

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Columbus, Ohio’s success story

By Larry Schottenstein on January 13, 2011

If it weren’t for central Ohio, the state would be really hurting: Columbus is Ohio’s sole “Big 8″ city to have grown substantially, up by 63 percent since 1960 to about 770,000 residents.
http://www.dispatchpolitics.com/live/content/local_news/stories/2010/12/22/whered-you-go-ohio.html?adsec=politics&sid=101

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Do real estate taxes drop when the value drops?

By Larry Schottenstein on January 13, 2011

This is an interesting question with a complicated answer. On the surface one would think that in a market with declining values then real estate taxes would decrease. But they don’t because of something called the reduction factor.  The intent was to keep real estate taxes from increasing during the 1970’s when inflation caused soaring housing values.  [...]

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Central Ohio Housing Market Update Novemeber 2010

By Chris Harpster on December 23, 2010

If you want a negative spin on the real estate market for Columbus, read the link from the Dispatch. If you want a positive spin, read the link from the Columbus Board of Realtors. It is interesting to see the different interpretations of what is happening in the housing market.

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5 predictions for 2011

By Angela Murphy on December 14, 2010

5 predictions for 2011
Freddie Mac analysts point to five features that they believe will likely characterize the 2011 housing and mortgage markets:

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Fall real estate update for Central Ohio

By Larry Schottenstein on December 10, 2010

It’s interesting to see how one can twist the news about the real estate market. For buyers it is all great news, which has a ring of truth. If you are not worried about your job and can get a mortgage. For sellers the good news is things are not much worse then last year. Of [...]

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larry-photoLarry Schottenstein is a certified negotiation expert, real estate author, educator and TV reality show host

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