columbus home values: Are Home Values Really Over Inflated - 03/10/18 06:50 PM

Are Home Values Really Over Inflated?
Last week, the National Association of Realtors (NAR) released their most recent Existing Home Sales Report. According to the report:
“The median existing-home price for all housing types in January was $240,500, up 5.8 percent from January 2017 ($227,300). January’s price increase marks the 71st straight month of year-over-year gains.”
Seventy-one consecutive months of price increases may have some concerned that current home values may be overinflated.
However, at the same time, Zillow issued a press release which revealed:
“If the housing bubble and bust had not happened, and home values had instead appreciated at a steady pace, the median home value would be higher than its current value.”
Here … (1 comments)

columbus home values: The #1 Reason to Sell Now Before Spring - 02/13/18 04:13 PM
The #1 Reason to Sell Now Before Spring
The price of any item (including residential real estate) is determined by ‘supply and demand.’ If many people are looking to buy an item and the supply of that item is limited, the price of that item increases.  
According to the National Association of Realtors (NAR), the supply of homes for sale dramatically increases every spring. As an example, here is what happened to housing inventory at the beginning of 2017:

Putting your home on the market now instead of waiting for increased competition in the spring might make a lot of sense.
Bottom … (1 comments)

columbus home values: May 2016 Columbus Real Estate Market Report - 12/06/17 06:19 PM
May 2016 Columbus Market ReportReal estate market data for Columbus, OH  provided by Jim West of Keller Williams Capital Partners.
Columbus Ohio Home PricesHome prices in Columbus and central Ohio have hit an all time high and don’t expect things to slow down anytime soon.  If you are considering buying a home you can still find deals on a house in Columbus but having a good real estate agent who understands the market is a must.  Don’t wait on the sidelines for too long, most of Columbus listings are selling within a few days of hitting the market. As you can see from the graph … (0 comments)

columbus home values: April 2016 Columbus Real Estate Market Data - 12/06/17 06:05 PM
April 2016 Columbus Market ReportReal estate market data for Columbus, OH  provided by Jim West of Keller Williams Capital Partners.
Columbus Ohio Home PricesHome prices in Columbus and central Ohio have hit an all time high and don’t expect things to slow down anytime soon.  If you are considering buying a home you can still find deals on a house in Columbus but having a good real estate agent who understands the market is a must.  Don’t wait on the sidelines for too long, most of Columbus listings are selling within a few days of hitting the market. As you can see from the graph … (0 comments)

columbus home values: March 2016 Columbus Ohio Real Estate Market Report - 04/14/16 12:10 PM
March 2016 Columbus Ohio Real Estate Market Report
 
In-depth market report for Columbus Ohio showing sales price for area zip codes, school districts as well as price points. 
 If you have questions please feel free to call or text us at 614-507-5732. 

March 2016 Columbus Ohio Real Estate Market Report from Keller Williams Capital Partners Realty … (0 comments)

columbus home values: Columbus Ohio Market Report - 04/05/16 12:26 AM
In-depth market report for Columbus Ohio showing sales price for area zip codes, school districts as well as price points. 
 If you have questions please feel free to call or text us at 614-507-5732. 

February 2016 Columbus Ohio Real Estate Market Report from Keller Williams Capital Partners Realty … (0 comments)

columbus home values: February 2016 Columbus Ohio Market Report - 03/28/16 12:47 AM
February 2016 Columbus Market ReportReal estate market data for Delaware, OH  provided by Jim West of Keller Williams Capital Partners.
Columbus Ohio Home PricesHome prices in Columbus and central Ohio have hit an all time high and don’t expect things to slow down anytime soon.  If you are considering buying a home you can still find deals on a house in Delaware but having a good real estate agent who understands the market is a must.  Don’t wait on the sidelines for too long, most of Delaware's listings are selling within a few days of hitting the market. As you can see from the graph … (2 comments)