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Market Conditions Central Ohio Housing Report – April 2023 by Columbus Realtors with additional content by Errol Butcher Median Sales Price Tops $300,000 For April 2023, the median sales price in central Ohio rose above $300,000 for the first time since July of 2022 in the latest housing statistics for April 2023 from Columbus REALTORS®. The median sales price rose 4% year-over-year and 5.5 […]
Home Sales March 2023 – Central Ohio Housing Report by Columbus Realtors THE REGION SAW A 33 PERCENT BOOST IN CLOSED SALES MONTH-TO-MONTH. March signifies the start of Spring, and the central Ohio housing market saw a significant uptick month over month. There were 2,304 closings in March as the average sale price increased to $328,769. In February, there were 1,728 closed sales marking […]
Home Sales Year-to-Date Sales Spring Fever Coming into Spring, it’s time to see where the market stands. The average sales price in Dublin. is $481,276.  Days on market is 25 days.  Homes in Dublin are selling at .6% over list price. The average sales price in Hillard stands at $372,237. Homes here are selling at the fastest clip on the […]
Uncategorized Understanding Home Loans Overview On May 1, 2023 changes to the Level Price Adjustments (LLPA) will impact the interest rate you pay on mortgages. Because the mortgages written over the next few months will be eligible for purchase by Fannie Mae and Freddie Mac in the pursuing 60 days,  lending institutions will begin using these guidelines as early […]
Uncategorized Buying a Brand-New Home in 2023 Housing affordability and availability are major concerns across the United States. Here in my hometown of Columbus, Ohio, it is the same. We enjoy a growing population and economy thanks to projects like Intel’s $20 billion dollar investment in a new production facility. According to a 2022 Building Industry Association of Central Ohio study conducted […]
Uncategorized Central Ohio Housing Report – December 2022 Source: Columbus Realtors Homebuyers have more options in central Ohio, and mortgage rates take a welcomed dip. Columbus REALTORS® breaks down the December housing report for central Ohio. The average sales price has increased by 9.4 percent since last December, up to $318,581. On average, homes sold for just over $27,000 more than last year […]
Uncategorized Franklin County – Weekly Residential Home Sales Report For the second week of January, Sales in Columbus, OH Metro remained steady even during single-digit temperatures. Below are the residential home sales in Franklin County listed by zip code for the past week (January 13-January 19), as recorded by The Franklin County Auditor’s office. The full report with parcel numbers and addresses is here. A total of […]
Uncategorized Feeling Left Out? How to Save For Your First Home When the Federal Reserve dropped interest rates in 2020, the real estate market became flooded with new buyers looking to take advantage of low rates to lock in a mortgage. While interest rates have increased since that time, a large number of buyers still enter the market on a daily basis. If you’re feeling left […]
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Uncategorized Do Student Loans Affect Your Ability to Buy a Home? A major investment Buying a home is a major investment that requires strong financials. If you have a large amount of student loan debt, you may find it challenging to purchase a home for many reasons. From saving for a down payment, to qualifying for a loan, to affording monthly mortgage payments, student loan debt […]
Uncategorized Weekly Residential Home Sales Report + Monthly Sales Dashboard Franklin County, Ohio Public Information Officers sent this bulletin at 01/08/2023 08:00 AM EST Link to original article COLUMBUS, Ohio –  After a dip in prices last month, the median sale price is once again increasing, according to December data from the Franklin County Auditor’s Real Estate Dashboard. The median sale price of a home in December […]
Uncategorized For my Columbus, OH neighbors Credit reporting is pretty simple but the words and language used are not part of most of our daily vocabulary and may be intimidating. This is where an experienced loan officer comes in. They will guide you on what matters most – what you need to tackle first to improve your score. Which should you […]
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