Market Updates

By charpster on March 1, 2010

I am not celebrating yet, but it sure is nice to see some improvments in the new build market.

By mhogan on February 23, 2010

If you like playing the waiting game in real estate then there is a strong possibility of missing out on a great opportunity when the market turns, and it will. Don’t be caught standing at the dock. Prices are right, rates are low and there are many fish in the sea, er, boats.

By charpster on January 26, 2010

This should be an interesting year. Hopefully, the employment numbers improve quickly, which I believe is key for the housing market.

By amurphy on January 11, 2010

Want credit and need answers? The following information will help you!

By charpster on December 22, 2009

Columbus Board of REALTORS®
 
Renewable market optimistic as prices continue to stabilize
The month of November saw home sales soar 59.5 percent from this time last year with 1,839 listings purchased. Not since 2005 have November numbers been so high.
“Historically low interest rates and the tax credits for homebuyers put first time buyers in an ideal position [...]

By amurphy on December 4, 2009

If you want a higher interest mortgage rate, keep waiting!

By charpster on November 23, 2009

I don’t think we are in the clear just yet, but it sure is nice to read some good housing news for a change.

By amurphy on November 5, 2009

By an 85 to 2 vote, the first-time homebuyer tax credit, due to expire at the end of November, is expected to be extended to contracts written by the end of April and closed by June 30 of 2010.

By amurphy on November 2, 2009

We’re approaching double digit unemployment rates, Wall Street continues to be undependable, and credit card companies are changing their rules left & right even for the highest credit scoring cardholders. The economy is crazy, so who in their right mind is buying a house?

By amurphy on October 30, 2009

Senators agreed Wednesday to extend a popular tax credit for first-time homebuyers and to offer a reduced credit to some repeat buyers.

The tax credit provides up to $8,000 to first-time homebuyers but is set to expire at the end of November.

Senators agreed to extend the existing tax credit for first-time homebuyers while offering a reduced credit of up to $6,500 to repeat buyers who have owned their current homes for at least five years