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 […]
All posts by Jason Opland
Columbus Ohio Housing Market Report – January 2022
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 […]
2021 Homeowner Equity Insights
Homeownership Continues to Fuel Tremendous Wealth Gains Home prices have accelerated at a record pace over the last decade, bringing growing wealth to households from long-term homeownership. From 2010 to 2020—across income groups and metro areas—the total housing wealth for middle-income households grew by $2.1 trillion, according to a new report from the National Association […]
The Newest Residential Real Estate Brand: Disney
Disney Announces Plans to Build Residential Communities Across the U.S. Disney is one of the most recognizable brands in the world when it comes to media. In the minds of most consumers, they stand for high-quality, family-friendly entertainment. Now they want to take the same approach of worldbuilding that they have used for their theme […]
Investors Buying Homes in Record Quantities
Seeing high demand and the opportunity, investors small and large alike are snatching up as much U.S. real estate as they can. Investors purchased 18.4% of homes in the fourth quarter—a record high, according to housing data. Investors are seeing opportunities in turning homes into rentals which continue to command higher rents, or with plans […]
Columbus Ohio Housing Market Report – December 2021
2021 CENTRAL OHIO HOUSING ACTIVITY BREAKS RECORDS Fervent buyer demand in central Ohio, driven by pandemic-induced changes to housing needs and preferences, reached extraordinary levels in 2021. This increased competition for homes resulting in multiple offer situations which drove prices significantly higher for the year. As a result, home prices and sales reached record highs […]
The Best Sledding Spots in Columbus
Ohio may have a reputation for being flat farmland, but we’ve got some great sledding hills around the city. So wait for that inevitable snowfall, grab a sled, and head to the nearest hill. This is going to be fun. While it’s impossible to compile a list of every popular sledding spot in the city, we’ve picked […]
The TRUTH About Ideal Agent
Top Local Agents. Save Thousands in Commissions. Sell your home for top dollar with top local agents for as little as a 2% commission. Sounds compelling right? Unfortunately as is often the case, the details are in the fine print. Here is Ideal Agent’s fine print. “Our agents will list for 2% and offer the […]
Columbus Ohio Housing Market Report – November 2021
2021 HOME SALES HAVE ALREADY PASSED 2020 There have been 33,548 homes and condominiums sold in central Ohio this year (January through November). Not only is this 9.3% higher than the same period last year, but it surpasses the total number of homes sold (33,431) in 2020 (33,431). Sales last month were 8.7% higher than […]
How to Handle Insurance When Selling a Home
Homeowners insurance tends to be an expense that sellers are all too happy to hand off to buyers as fast as possible—but canceling it too early can expose you to significant risk and even the successful sale of your home. Homeowners Insurance Approximately 85% of homeowners have home insurance policies, with the most common type being HO-3 […]