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 […]
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 […]
Thinking about moving to Ohio? Consider the great city of Columbus! If you are looking at relocation to Columbus, Ohio, keep reading to learn what all the buzz is about. Columbus is forecasted to be the 5th hottest housing market in 2022. Central Ohio asking prices and transaction volumes are predicted to be double the national average, […]
For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some negotiating room. That figure would become the listing price. Buyers would then try to determine how much less than the full […]
Home design trends that are expected to loom large in 2022 are an evolution of what started during the pandemic when life was disrupted and more homeowners started reevaluating their surroundings. Cases in point: the rise of home offices and outdoor living spaces. Other hot trends started years earlier, professional grade appliances, Smart Home features, […]
2021 marks the tenth straight year that central Ohio home prices have climbed above the traditional norm of 4% per year. Will 2021 be the year that the housing market correction, and is a crash ahead? Given the low unemployment, wage growth and low interest rates, most economists today don’t foresee a recession in the […]
The purchase of a home is one of the most complex, high-risk, and expensive transactions most people will ever participate in. If you are considering purchasing a home here are ten key reasons why you should hire a Realtor: 1. The Service Is Free. BUYERS DO NOT PAY REALTOR COMMISSIONS. If you are a buyer there is […]
The option to work from home or remotely is likely to become part of the workforce culture. A larger fraction of workers allowed to work from home will change the mix of demand for residential and commercial real estate between the city and the suburbs, give rise to new home designs that allow workers to […]
“Is my/the property in a flood zone?” That’s a question that concerns both homeowners and home shoppers—and not just those near large bodies of water. In fact, there are a little over a dozen flood zone classifications. These rankings are determined by the Federal Emergency Management Agency and represented on special maps. An areas classification is […]
Mortgage interest rates are going to rise in 2021. The Mortgage Bankers Association in its most recent forecast sees two things that stand out. First, 2020 will prove itself to be the second biggest mortgage year in history. At over three trillion, 2020 will only stand behind 2003 in single family mortgage production history. Second, the MBA joined […]
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