Central Ohio continues to demonstrate that our housing market is affordable, stable, and available. Sales in June increased by more than 10% over June 2009, with 2,315 homes sold, according to the Columbus Board of REALTORS. Halfway through 2010, central Ohio boasts a 20% growth in home sales over 2009 and a 26% growth in total dollar volume.

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 the Freddie Mac survey. In comparison, rates in July 1982 were 16.82%; and, since 1971, only five months have ever recorded rates below 5.00%.

According to a new ranking by Businessweek, Columbus is ninth in entry-level jobs, unemployment rates and average pay, all factors effecting recent college grads.

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The Grass is Greener Here!

Columbus Board of REALTORS^® Tells the Public that

“All Real Estate is Local” in Ad Campaign

The Columbus Board of REALTORS^® is supporting a public awareness campaign to help people in central Ohio understand that all real estate is local. Because this organization serves as the “voice for real estate,” we are taking it upon ourselves to inform home buyers and homeowners that our market remains extremely stable and affordable, thus making it a great time for most people in central Ohio to buy real estate.

Our goal: to paint a realistic picture of this market
Despite constant news about a national real estate crisis, the central Ohio housing market remains strong. Leading financial experts at Forbes Magazine, recently ranked the region as the third most stable housing market in the country, mortgage rates are at historic lows and free resources are available to help educate residents about housing. It is time for the facts about housing to be communicated to the general public in central Ohio with the goal of educating residents, strengthening confidence in the local economy, and spurring investment in central Ohio neighborhoods and communities.

In addition to our efforts, The National Association of REALTORS^® is continuing its year-long national campaign to communicate the good news about the value of homeownership. NAR will continue its heavy schedule of radio, TV, and print ads

Below are fact sheets and logos you can download for your own use. The fact sheets are in PDF format. Click to read. If you want to save to your computer use the 'save-a-copy' button in the top left of the PDF browser.

Banner Ad (square GIF) Banner Ad, (rectangle GIF) Grass is Greener Logo (GIF for email signatures) Grass is Greener Logo (text only) Real Estate Sign Rider (6" x 24") Real Estate Sign Rider (6" x 30") Postcard Front (6" x 4.25") Newsletter Template (PDF) Newsletter Template (Word doc)