The Week of Investment Properties
This is the week of the investment property. The HUD homes map is overwhelminly "green". As an investor, you know what that means: a large selection and great buying opportunities on Columbus HUD homes.
A total of 40 properties are open to all bidders. We did not have that many since February 2009. If you did not get your map, you are probably not a subscriber. Enter your email in the orange box to the right and hit Send to join
Now let's take a look at a few new HUD listings that offered at bargain prices. There's a pretty nice home on Hinman Ave - at the southern end of Merion Village - for only $7,000. A couple of years ago homes sold for up to $150,000 on this street!
Just 3 blocks north of it you will find another HUD house at 319 Southwood Ave. It is listed for $64,800, however, this one's already open to all bidders. I believe that HUD should accept offers in the low $50K range.
Another one to point out is located at Wyandotte Ave in the 43202 ZIP code. Yes, this is part of the University District. HUD is asking $60,000 for this property. Most houses in the OSU Campus area sell for much more.
Listing Statistics
Total homes available: 101 (last week: 129)
Owner occupants: 61
All bidders: 40
New listings: 17
Sunday deadline: 29
Relisted/Price reduced: 15
Median Price: $69,000 (last week: $78,500)
Average Price: $71,021 (last week: $79,922)
Highest: $168,000
Lowest: $6,000
Homes less than $50,001: 32 (last week: 32)
Between $50,001 & $100,000: 47 (last week: 59)
More than $100,000: 22 (last week: 38)
Call me TODAY at 975-9650 to take advantage of this great selection!
Thanks for reading our Columbus HUD Homes Blog
Posted by: Susanne Novak, ABR, FIS, GRI
Columbus Realtors specializing in
HUD Homes, Shortsales, Investment Real Estate
(614) 975-9650 http://ColumbusHUDHomes.com
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