Market Conditions

Home Sales Why Accuracy Matters When Pricing Your Home Curious what your home is worth? Online estimates seem convenient—but using them for actual pricing decisions is where things get risky. Here’s what happens when pricing isn’t precise: Price too high = Your home sits on the market and becomes stale Price too low = You leave thousands of dollars on the table Extended market […]
Buying a Home Once More With Feeling: Mortgage Rates Moved Higher After The Fed Rate Cut Article Courtesy of Misty Barnett, South State Bank Not all rates are created equal and not all rates move in the same direction for the same reasons. One of the most common reasons for rates moving in opposite directions is that the underlying bonds, loans, etc. have different terms. In other words, market demand for a 7-year loan can […]
Buying a Home Can You Really Trust Online Home Estimates? For millions of homeowners, checking their Zillow Zestimate has become as routine as checking a stock portfolio—a quick hit of seeing your home’s estimated value, right at your fingertips. With 178 million monthly users and over 100 million homes covered, the platform’s instant, free, and convenient appeal is undeniable. But here’s a famous cautionary tale: […]
Buying a Home The Fed is Cutting Rates Next Week, But Not Mortgage Rates! The end of October brings the next Fed announcement and it is a 100% certainty that they will be cutting rates again. Many people believe this means lower mortgage rates. Many people are wrong. To be perfectly fair, mortgage rates COULD move lower after the Fed rate cut, but they could also move higher. We’ve […]
Buying a Home 10 Hidden Home Maintenance Tasks That Could Save You Thousands As a homeowner, you’re likely diligent about the basics—mowing the lawn, touching up paint, and cleaning regularly. But what about the critical home maintenance tasks you don’t see every day? Research shows that home maintenance frequently takes a backseat, even with the best intentions. In fact, a recent survey found that 60% of homeowners have […]
Home Sales Central Ohio Housing Report – July 2025 The Big Picture COLUMBUS, Ohio (August 21, 2025) — Housing inventory hit its highest level in a decade, and sales grew by 2.6% year over year in the latest central Ohio housing report, provided by Columbus REALTORS® and the Columbus & Central Ohio Regional MLS. There were 2,899 closed sales in July, and the median […]
Buying a Home First-Time Homebuyers – What they Wish They Knew – Flippers In the second part of a multi-installment series on the home buying process and what first-time homebuyers, and homebuyers in general, wish they knew before they purchased a home, we will explore “Flipped” homes. So what is a flipped home?  It’s a home that was purchased by an investor who remodels the home, updates it, […]
Buying a Home First-Time Homebuyers – What they wish they knew Things First-Time Homebuyers Wish They’d Asked Buying a home is a process full of unknowns, especially when you are a buying your first home.  There is so much advice on how to get the best interest rate, buying down points, improving your credit score, etc. Make no mistake, the financial part of home ownership is […]
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Home Sales Seller Optimism – Is it Well-Founded? Even with more home sellers reducing their initial asking prices nationally, a recent survey found that they’re feeling quite optimistic these days. Over 75% of them aren’t expecting to lower their asking price. However, this outlook doesn’t match up to the reality of those who sold a home last year, as only 42% of respondents […]
Home Sales Central Ohio Housing Report — May 2025 COLUMBUS, Ohio (June 23, 2025) — The housing market in central Ohio showed signs of rebalancing in May, thanks to increased inventory and steady interest from buyers. While closed sales remained nearly identical to those in 2024, the significant change continues to be an influx of new listings, which have given buyers the choices they […]
Home Sales Central Ohio Housing Report – September 2023 SEPTEMBER SAW A 14.5% DECREASE YEAR OVER YEAR IN CLOSED SALES, BUT INVENTORY ROSE 5.5% OVER AUGUST. COLUMBUS, Ohio (Oct. 19, 2023)—  There were 2,445 sales and nearly 2,900 new listings added to the market, according to the latest central Ohio housing report provided by Columbus REALTORS® for the month of September 2023. Year – […]
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 […]