columbus ohio real estate: Market Showings Signs Of Rebound In Columbus Ohio
- 07/07/09 06:04 AM
Everyone has heard all of the negative media with housing market, if you have a TV, then you are well aware of how bad the market is. Well at least where they are located it is, but if you happen to live in Columbus Ohio or even Cleveland for that matter, well I have some more positive news just for you! According to the lastest market reasearch conducted by REALTOR magazine and PMI mortgage insurer the following areas are expected to see a drop in their home prices by 2011. Miami Fort Lauderdale West Palm Beach, Fla. Orlando Tampa, Fla. Jacksonville, … (0 comments)
columbus ohio real estate: Is Location, Location, Location Still The Rule?
- 06/17/09 06:01 AM
This seems to be the ultimate question in a real estate market like we are in today. Now, I can't speak for the entire country, however things here in the Columbus Ohio market are rather lets say unique. The government has been enticing buyers from all over to come out of the wood works to buy homes and you know what here in Central Ohio, IT'S WORKING! But don't think its that easy, the buyers are here now, the home prices are low, the incentives are fantastic! So why are we not seeing our listings flying off the shelves? Why are the … (4 comments)
columbus ohio real estate: Buying A Home? Don't Think Your Gonna Steal It!
- 05/06/09 09:13 AM
Have you been keeping up with the news regarding the housing market recently? If you have even turned on a newscast all you are hearing is that "sellers are desperate to sell" and that you can "steal the home, just make any old offer" I am here to tell you, that might be the case in certain other areas of the country, but if you are person looking to buy a home in Columbus Ohio, you have got another thing coming. With the big push on the $8,000 tax credit for first time home buyers, the OHFA down payment assistance and … (0 comments)
The homebuyer confidence is certainly growing here in Columbus Ohio. We are having more and more buyers coming off the fence. So much in fact that now we are starting to see multiple offers and bidding wars on most foreclosed and bank owned homes here in the Central Ohio real estate market. With the 2009 stimulous $8,000 tax credit being offered to first time home buyers, the creation of additional funds to pay your down payment from OHFA here in Columbus Ohio and our USDA (rural development) 100% financing, buyer's are certainly deciding to jump off the fence. But … (2 comments)
columbus ohio real estate: Still A Great Time To Buy In The Columbus Ohio Housing Market
- 03/31/09 04:40 AM
Is Columbus Ohio still a good place to purchase a home? Absolutely! Here are six reasons why now is the time to jump into the market. 1. Uncle Sam is now involved. First-time buyers (defined as anyone who hasn't owned a home in the last three years) are entitled to a maximum $8,000 tax credit; interest rates are at record lows; and the Federal Reserve is doing its best to make mortgage loans available.
2. You gotta live somewhere, so why pay rent? About 800,000 new households are formed each year in this country, ensuring that the housing market will … (0 comments)
columbus ohio real estate: Great News For Columbus Ohio Homebuyers!
- 03/27/09 08:16 AM
The Ohio Housing Finance Agency (OHFA) will be making $12.5 million in Mortgage Credit Certificates available to approximately the first 1,000 qualified homebuyers statewide. *Must be a first-time buyer*Loan must have closed on or after March 23*Can be used with the $8,000 first-time homebuyer tax credit*Can be taken every year for the life of the loan
An MCC creates an income tax deduction that reduces a household's federal income tax liabilityand allows the household to have more available income to make mortgage payments.Homebuyers who qualify receive a Mortgage Credit Certificate from OHFA, which can be used to reduce their … (0 comments)
columbus ohio real estate: Tips To Get Your Columbus Ohio Home Sold This Spring!
- 03/25/09 08:09 AM
If you have been considering placing your home on the market, now is the best time of the year to do so. Even though the market may not be "hot", if you can afford to price your home correctly, even in this "soft" market you can get it sold and quickly. According to the Ohio Realtors Association, there are four key factors to consider before deciding to put your home on the market.
1. A stylish kitchen appeals to many buyers. If a seller has upgraded cabinets and granite countertops, that's good. If they don't, it may help to display some stylish … (0 comments)
columbus ohio real estate: 100,000 Bankrupticies last month nationwide, but not hurting housing in Columbus Ohio
- 03/05/09 01:29 AM
According to the American Bankruptcy Research Center, just under 100,000 people filed for a bankruptcy in February 2009. This is proof that the economy is certainly in a slump, however here in Columbus Ohio, we are reporting good news on the housing front. Unlike the rest of the country, Columbus housing is really holding its own. Although January was a slower month at 988 sold homes and condos according to the Columbus Board Of Realtors, February boasted just over 1,000 homes sold in the Central Ohio area. We believe especially here in Columbus, that with the $8,000 tax credit and the OHFA … (0 comments)
columbus ohio real estate: 2009 Tax Credit is great for Columbus Ohio first time homebuyers, but beware...
- 03/04/09 07:20 AM
It is true that the government has really been stepping in and helping to revive the economy with their 2009 stimulus package and boosting buyer confidence in home buying as well with the $8,000 tax credit for first time buyers. What they are not telling you is; who are the ones that are eligible for this program. There are a lot of great things about this bill, but there is some fine print to read as well. Did you know that the home must be at least $80,000 for the purchase price? Did you know that if you have had any … (2 comments)
columbus ohio real estate: Getting Your Columbus Ohio Home Sold This Spring
- 02/26/09 05:17 AM
Ok, so you have thought about listing your Columbus home, but all you have heard are the negatives. Everyone is saying "it won't sell, there are too many homes on the market, you can't compete with all of the homes out there right now" Don't believe all of the hype. Yes, homes must be priced correctly to sell in todays market especially in places like Columbus Ohio. However what you may not know is that if you, the home seller price your home correctly and follow these simple rules of selling your home, you will not only get it sold, but very quickly … (0 comments)
columbus ohio real estate: Ohio Tops 4 Out Of 10 Most Affordable Cities
- 02/23/09 06:50 AM
According to the National Association of Home Builders/Wells Fargo Housing Opportunity Index. There are 10 top cities in the United States that are the most affordable to buy a home. Four cities are right here in Ohio those are Cleveland, Akron, Youngstown and Dayton Ohio. Columbus has not quiet made this mark yet, however home prices are very affordable here in the Central Ohio areas as well. Below you will see the complete list of markets from #1 to # 10. Indianapolis, Ind., $103,000 Warren, Mich. $125,000 Youngstown, Ohio, $73,000 Detroit, Mich., $90,000 Grand Rapids, Mich. $102,000 Syracuse, N.Y., $88,000 Dayton, Ohio, $90,000 … (0 comments)
columbus ohio real estate: 2009 Stimulus Plan Good For Home Buyers!
- 02/18/09 05:34 AM
If you have not heard, there is an excellent new program that was just passed by the Obama administration yesterday regarding the new stimulus plan and housing incentives for first time homebuyers. In 2008 the Bush administration passed a temporary plan of a $7,500 tax credit for first time homebuyers (those that have not owned a home in the last 3 years). Yesterday, the Obama administration revised that plan from $7,500 with a pay back plan to a true tax credit of $8,000 in which the buyer does not have to pay back over time any longer. If you combine this … (2 comments)
columbus ohio real estate: Ohio Down Payment Has Returned!
- 02/17/09 06:11 AM
In late 2008, the world of downpayment assistance vanished with no hope of ever returning. However, if you are fortunate to live in the Central Ohio area, it has made a come back and a good one at that. If you are a first time home-buyer who doesn't have a lot of money to put down on a home, then you will be pleased to know that OHFA (Ohio Housing Finance Agency) is now allowing you to receive up to 2.5% of the required 3.5% down payment that the government put into effect early this year. That means that all you … (1 comments)
Everyone has heard all of the negative media with housing market, if you have a TV, then you are well aware of how bad the market is. Well at least where they are located it is, but if you happen to live in Columbus Ohio or even Cleveland for that matter, well I have some more positive news just for you! According to the lastest market reasearch conducted by REALTOR magazine and PMI mortgage insurer the following areas are expected to see a drop in their home prices by 2011.
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