Thinking of selling your home but not sure if now is the “right time?” The most common reasons why people decide to sell their homes include changes to their financial status, an employment transfer, a growing family or retirement. Today’s low interest rates have also made it attractive for many homeowners to “move up” to […]
All posts by Jason Opland
Economics 101 – Supply and Demand as it Relates to Housing
As It Relates To Central Ohio’s Housing Market In 1890 English economist Alfred Marshall published his work, Principles of Economics in which he described how both supply and demand interact to determine price. Today, the supply-demand model is one of the fundamental concepts of modern economics. Rather simply the law predicts that the price level […]
Neighborhood Spotlight: The Reserve at Hidden Creek
The Reserve at Hidden Creek is new community located in Galena being built by Westport Homes. Only a handful of lots remain in this heavily wooded and secluded community which features 38 scenic 1/2-acre home sites with pristine views. The development feeds into the highly rated Olentangy Local School District and includes a dedicated walking […]
Housing Is In The Middle Of An Inventory Crisis. Here’s Why.
As you may have heard there is a critical shortage of homes for sale – the four-month supply of homes for sale today is between 30-40% lower than the number of homes for sale in a normal, healthy market. It’s no surprise that a big part of this shortage is due to builders staying on the sidelines […]
Neighborhood Spotlight: The Reserve at Lantern Chase
Just outside historic downtown Delaware is The Reserve at Lantern Chase, a quaint community being built by Westport Homes. This family friendly community features over 19 acres of open space including walking trails, a playground, dedicated green space for pets, a large 3-acre pond and even a basketball court. The city of Delaware has much […]
Benefits of VA Loans
According to 75 percent of military families, owning a home is one of the most important things to service members upon returning from service. However, only one in four veterans has a thorough knowledge of government programs that are available for those who have served or are serving. The truth is, in fiscal year 2013, […]
Columbus Ohio Housing Market Report – November 2019
2020 Real Estate Market Outlook
The 2019 housing market has been one of low rates, high demand and limited supply—particularly for lower-priced, starter homes. Will 2020 be more of the same? According to experts, yes and no. Job growth is up, unemployment is down, and the stock market is thriving. An undercurrent of concern, however, may be tempering consumer confidence, […]
Step-by-Step Guide to Setting Up a LLC
The limited liability company (LLC) has in recent years become the most popular legal structure for real estate investors seeking personal liability protection and flexibility. The exact requirements vary slightly from state to state, but setting up an LLC is a relatively simple process that can usually be done in one to four hours, depending […]
The Most Common Feature Homeowners Regret Not Having In Their Homes
When house shopping, we tend to file home features into two categories: must-haves and nice-to-haves. Some people might value a spacious backyard or an open floor plan more than, say, an extra-large closet, while others might deem perks like a farmhouse sink or wood-burning fireplace as necessities. But, long after the house is bought and […]