According to a new study by the Mortgage Bankers Association, the housing market is poised for one of its largest expansions in history. By 2024, demographic and economic changes are forecasted to bring 15.9 million additional households on board. That means an average of 1.6 million additional households per year, sparking “housing market growth over the next […]
Central Ohio housing market shattered records in July The Central OH housing market continued it’s stellar performance in July once again setting new records for the volume of home sales, prices and the time to sell a home. The 3,208 home sales last month were up 1.9% over the previous month and up 11.7% from July of 2014. This also […]
As 2015 rolls forward, there are several indicators that the housing market may have a break-out year. Millennials aren’t the only ones moving closer to the city. Baby boomers, and specifically wealthy baby boomer have also caught on to this trend. While millennials prefer markets such as the Short North, Italian Village, Harrison West, and Victorian Village. […]
2014 a year for multiple offers and same day contracts in central Ohio It was a strong year for the Columbus and Central Ohio housing market and metrics like sales price (ie. home values) and sales to list price ratios were up. The overall average sale price of a home in central Ohio rose 5.1% to $183,099 for the year. […]
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