Category Archives: Uncategorized

Columbus Ohio Housing Market Report – September 2020

The central Ohio housing market remains highly competitive as strong demand continues to outpace supply. Although the number of residential homes and condominiums for sale during the month of September 2020 was slightly ahead of the month prior by 2.0%, it was 48.9% below the number for sale during September 2019. Almost 3,500 homes were […]

Pandemic May Lead to a New Foreclosure Crisis

A June surge in the share of mortgages 90 days or more overdue is a signal the U.S. could be heading toward a foreclosure crisis, according to a recent report from CoreLogic. The share of mortgages with payments 90 days to 119 days late quadrupled between May and June, rising to 2.3%. This represents the […]

Zillow announces partnership with homebuilder D.R. Horton

Zillow has announced a partnership with homebuilder D.R. Horton (Locally Westport Homes), allowing buyers of new construction homes to sell their current homes directly to Zillow through its iBuying solution, Zillow Offers. D.R. Horton customers selling their current home through Zillow Offers receive an extended closing timeline of up to eight months, and the flexibility to modify the closing date to better […]

New Construction Is Up In Central Ohio

In spite of the pandemic, new residential construction is booming in Central Ohio. According to the Census Bureau, 16.4% more single family building permits were issued since the same period last year. This chart shows the numbers for January to April. May values are not available yet. New Construction for First-Time Buyers This is good news for buyers […]