Media & News


The number of central Ohio home closings in May significantly outpaced the records set in April 2010 and eclipsed sales figures from May 2009. The 2,401 closings last month exceeded April by 14.7% and rose above May 2009 by 32.7%. Thus far in 2010, home sales have surpassed 2009 by 24%!

more info...


The recent drop in mortgage interest rates creates a new low for eager home buyers to enjoy. According to a report from Freddie Mac, 30-year, fixed-rate mortgages averaged 4.57% for the week ending July 8, down from the previous week's average of 4.58% and last year's average of 5.20%. This rate represents yet another all-time low in Freddie Mac’s 39-year survey. In comparison, rates in July 1982 were 16.82% — and, since 1971, only five months have ever recorded rates below 5.00%.

more info...


Columbus ranked second in the nation in the latest Housing Markets Forecast released by Housing Predictor. The study looked at 250 market indicators to assess the likelihood of housing price increases. Optimism abounds in markets across the nation as many cities expect to see appreciation in 2010.

more info...


CLICK HERE TO READ ALL OF OUR NEWS STORIES

more info...
 
This message that the Grass is Greener Here is brought to you by these organizations:

 

Talk to those who know the market best.

Search ColumbusHousingFacts.com to learn more about our real estate market, but don't forget to talk to the experts themselves: REALTORS®, home builders, and mortgage lenders who know the market well. Those of you who need financial counseling, downpayment assistance, or homebuyer education also will find links to those resources on this site.

 

Not only can REALTORS® help you find a home, they also are an invaluable resource for selling your home, and it starts with setting the right price. In today's market, the listing price is more important than ever. Ask your REALTOR® to show you the recent selling price of homes that are comparable to yours, then work with that REALTOR® to determine where your home should be priced within that spectrum.

 

 

Nearly 90% of home buyers and sellers say they would use the same agent if they were to move again. Buyers and sellers give high marks to REALTORS® and are very quick to point out the value of using one.

 

 

The typical real estate transaction includes more than 175 actions, research steps, procedures, processes and review stages. Anything can happen; it isn't worth navigating these tricky waters without help from real estate professionals.

 

 

When setting the price of your home, don't compare yours to homes sold 18 months ago or longer, or your listing price may be unrealistic. A REALTOR® can help determine the best list price for you home, taking into consideration comparable sales and the condition and special features of your home.

 

 

If 2010 is the year you will sell and/or buy a home, give yourself a head start on the spring buying market by getting organized and informed. First, check your credit report to see if there are financial blemishes that should be cleared up. Then talk to a mortgage lender, who can give you an accurate picture of what you can afford. If you are ready to buy, ask the mortgage lender to prequalify you. Then call a REALTOR®.

 

 

Do research on your own. It's easier than ever. Spend time looking at real estate web sites to get an idea of how closely matched your budget is with your dream house. It's important to be realistic about what types of homes are in your price range before you begin to look.

 

 

When you are ready to visit homes, contact your REALTOR® to set up the appointments for you.

 

 

 7 Things You Need to Know

   

 

Design and dynamIt content copyright © 2010 Columbus Board of Realtors ®
All rights reserved.