At first glance, the July Existing Home Sales report was pretty terrible. Sales volume fell to 15-year lows, home supplies jumped 40%, and the press is beating the point to a pulp. (it should be mentioned that Columbus fared far better than much of the rest of the country as our sales volume fell by […]
Category Archives: For Buyers
7 Things Borrowers Should Know About FHA Loans
Below our readers will find a list of facts speaking to the top misconceptions associated with FHA loans in order to help home buyers better navigate an already confusing market. FHA loans are mortgages issued by qualified lenders and insured by the Federal Housing Administration (FHA). We have seen home buyer interest in FHA loans […]
Local Foreclosure Listings
Real estate owned or REO is a class of property owned by a lender, typically a bank, and most commonly acquired after an unsuccessful sale at a foreclosure auction. This is common because most of the properties up for sale at these auctions are worth less than the total amount owed to the bank (negative […]
Ackerly Park Hosting 2010 BIA Parade of Homes
One of New Albany’s newest communities will play host to the 2010 Building Industry Association’s Parade of Homes. Eight Central Ohio builders are committed to this year™s BIA event, which runs July 9-25 at Ackerly Park. The BIA has previously hosted three Parades in New Albany, including the 1991 Parade, which premiered the very first […]
WHY NOW IS THE TIME TO BUY A HOME! – PART I
If you want to buy a home, now is the time, and if you don’t act soon, you will regret it. Here’s a key reason why: historically low interest rates. As of today, the average 30-year fixed-rate loan with no points or fees is below 4%. That, as the graph below”which you can find on Mortgage-X.com”shows, […]
The Jackson on High | Luxury Condos in The Short North
The Jackson on High, the latest undertaking by JBH Holdings, is an eight-story urban condominium development offering 44 high-end residential condominiums, 4,600 square feet of commercial retail space and 91 parking spaces in an attached garage in Columbus’ popular Short North Arts and Entertainment District. The building offers a rooftop pool overlooking downtown and High Street […]
Short North – The Jackson on High now FHA Approved & Tax Abated
Real Estate Developer Brad Howe, with JBH Holdings, announced today that The Jackson on High project has reached a major milestone by receiving a 100% real estate tax abatement for 10 years. Columbus’ City Council returned the unanimous approval for the tax abatement during the December 14 evening session. The measure would make The Jackson on […]
Year End Real Estate & Additional Tax Tips
This is your final reminder to take a few minutes from holiday merrymaking and get those last-minute tax moves done. You have until Dec. 31. After that, there’s little you can do to cut your tax bill. Here’s what you can do before the end of the year to trim your 2009 tax bill. I’ll […]
Market Bottom and Affordable Prices Draw Investors to Real Estate
Affordable prices and what looks like the bottom of the housing market are attracting investors to the housing markets today, as the number of consumers interested in investing in real estate has doubled since March 2009, according to the recently released Move.com Homeownership Survey. Low prices, the extended and expanded home buyer tax credit ($8,000 […]
Columbus Listed in 10 Best Cities to Find a New Job
No U.S. cities have been untouched by the economic downturn, but some job markets have been better able to weather the storm. U.S. News & World Report examined a variety of data to identify cities where it’s easier to find a job than in many other places.The underlying strengths of the top cities vary considerably. […]
