The Columbus Board of REALTORS® News Articles and Real Estate Data

Central Ohio Housing Report – Apr. 2013   Posted: 5/22/2013   Columbus Board of REALTORS® April home sales set record high Central Ohio home sales last month (2,390) showed an increase of 30 percent in the market from one year ago (1,834). According to the Columbus Board of REALTORS®, April saw the highest number of home sales on record, followed by the 2,286 homes sold in April of 2004. In addition to the increases in sales, home prices continue to rise also. While the average... Read more »

8 Tips for Raising Your Home Appraisal

For six months, Jessica and Carl Doerrer’s home in Hackettstown, N.J., has sat on the market. Despite today’s news that record low interest rates are encouraging more home buyers to finally purchase, in the Doerrers’ case, their house has had no offers. Now they’re asking… via 8 Tips for Raising Your Home Appraisal.  Read more »

The Columbus Board of REALTORS® News Articles and Real Estate Data

Central Ohio ends summer with rising sales and prices Home sales during the most active time of the year showed impressive gains over last year and were the highest since 2007 when the housing market began its descent after the boom. The 8,921 residential home closings during the months of May through August were 11 percent higher than last summer and 12.2 percent higher than in 2009 when home sales hit its lowest point since the summer of 2000, according to the Columbus Board of REALTORS®. “Higher... Read more »

Central Ohio Home Prices and Sales Soar in July

Central Ohio home sales soared in July, pushing the average sales price to its highest level in five years. During the month, Columbus-area homes sold for an average of $186,781, the highest since June 2007 and the highest July price recorded since housing’s peak year of 2005. Driving prices up is a sharp decline in the number of homes for sale in central Ohio, forcing buyers to compete for the first time in years. Dan Fenters, a Coldwell Banker King Thompson agent, tells clients that if they see... Read more »

News Summary: Home Prices Rise in Major US Cities – ABC News

I don’t think anyone predicted this news so quickly. Home prices are on the rise. Check out this article from ABC News. Columbus has seen this trend over the past few months. Inventory is down and demand is up — always the perfect storm for increased prices. This is great news for Sellers because they have been beaten up by the market over the past few years. Buyers, prepare yourself, when a quality property is listed that is priced right, it is selling in multiple offers in... Read more »