The New Albany, Ohio Community Development Charge (CDC) was established for the benefit of the Community Authority, as a charge on each Chargeable Parcel within the Community District. The purpose of the CDC is to cover all or part of the cost of the acquisition, development, construction, operation and maintenance of land, Community Land Development […]
2021 was the busiest year for both new housing starts and existing home sales since 2006, putting additional pressure on the nation’s home builders to pick up the pace without sacrificing quality. In the current market, home buyers face a myriad of stressors — from extreme competition to limited supply to rising mortgage rates. For many, a new construction […]
Over the past few years most pockets of the U.S. housing market have been plagued by a historically low inventory of homes for sale, which has lead to increased competition and driven up prices to record highs. The housing market finally appears to be entering a cool-off period, with price appreciate beginning to decelerate. But the […]
Columbus and Central Ohio continues to be a seller’s real estate market, with far more buyers than homes available for sale. Homes that are for sale are getting snapped up quickly, with the typical property staying on the market for just 17 days before an offer is accepted. It’s not too much of a surprise, […]
The spring housing market is in full swing, and demand remains strong. While it has never been easier or more profitable to sell a home, buyers are less optimistic. For months now, homebuyers have been challenged by the scarcity of available homes, the bidding wars that ensue, and the possibility of being priced out of […]
In this post, we are going to share with you an easy way you can generate tax-free rental income using the Augusta Rule for up to 14 days per year. One of the most significant expenses an individual will pay throughout their lifetime is taxes. The reality is that 95% of us are overpaying the […]
Spring may have sprung early in the housing market. The U.S. median list price set a record high of $392,000 in February, according to Realtor.com®’s Monthly Housing Trends Report. Many markets continued to post double-digit annual price gains, led by Las Vegas, Miami, and Tampa, Fla., with annual increases of at least 31% each (home […]
CFPB urges mortgage servicers to use the Homeowners Assistance Fund (HAF), to help borrowers avoid foreclosure The Consumer Financial Protection Bureau (CFPB) today said that they are closely monitoring how servicers conduct themselves to help homeowners avoid foreclosure. Lorelei Salas, assistant director for supervision policy at the CFPB, advised that the CFPB will be closely monitoring complaints […]
The housing market is a sizzling seller’s game at the moment, where homes stand to spark bidding wars and sell for sky-high prices. While inventory levels were low before the pandemic, COVID-19 caused many to re-evaluate their shelter needs, resulting in further demand for homes and a continued lack of inventory. All in all, this […]
BUYERS WANT TO LIVE IN CENTRAL OHIO The Central Ohio Housing Market was mostly unchanged in January. Home sales and pending contracts were slightly lower than last year, while home values kept rising by double digits. While population in the counties served by the Columbus REALTORS® MLS increased almost 13% between the 2010 and 2020 […]
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