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What are the top five questions home buyers in Central Ohio are asking now

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Real Estate Agent with Keller Williams Capital Partners Realty 277320

  1. “Is this a good time to buy, or should I wait?”
    Many buyers are checking: interest rates, affordability, and market momentum. For example, inventory in the Columbus REALTORS region is up (~21% year-over-year) which gives buyers more negotiating room. WSYX+1
    What you should address: current mortgage rate environment, local supply/demand (days on market up, list-price image slightly down), and the risk of waiting (rates go up, prices move).

  2. “How much home can I actually afford in Central Ohio right now?”
    With rising rates and still-strong prices, affordability is a frequent concern. Also, buyers are more cautious about stretching pre-approval. Axios
    What you should address: debt-to-income ratio, realistic monthly payment, down-payment options (especially for first-timers), and local property taxes.

  3. “What’s going on with rates and how will that impact me?”
    Rates remain high relative to the past few years, and small shifts can make big monthly-payment differences. For example, national commentary notes rates may tick up if job market remains strong. Churchill Mortgage
    What you should address: recent average rates in Columbus/Ohio, impact of rate changes on purchasing power, and strategies (lock vs float, buy-down options) you recommend.

  4. “What kind of negotiation leverage do I really have right now?”
    Buyers are noticing more inventory and more seller flexibility. The large uptick in cancelled contracts (~1 in 6 in the Columbus area) signals it’s not the “crazy seller’s market” of prior years. Axios
    What you should address: key negotiation levers (repairs, closing timeline, earnest money, contingencies), any local shifts you’re seeing in multiple-offer situations, and how to craft competitive but smart offers.

  5. “Should I buy a new home or existing home?”
    With costs of materials and labour still high and many buyers seeking move-in ready over “project” homes, this question comes up often. Ohio REALTORS+1
    What you should address: cost comparison of new vs existing, time-to-move-in, builder incentives, and what older homes might need (updates, maintenance) especially in Central Ohio climate.

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Gwen Fowler SC Lakes & Mountains 864-710-4518
Gwen Fowler Real Estate, Inc - Walhalla, SC
Gwen Fowler Real Estate, Inc.
 

Strong insight into what buyers are wrestling with right now. These are the real questions driving decisions, and your breakdown gives people a practical way to sort through the noise. Clear guidance like this helps buyers feel grounded instead of overwhelmed.

 
 
Nov 19, 2025 06:43 AM
Lew Corcoran
Better Living Real Estate, LLC - East Bridgewater, MA
Expert guidance. Exceptional results.

Thanks for laying out these buyer questions so clearly, Joe Jackson. It really helps put the current market in perspective 🙂. The way you broke down affordability, rates, and negotiation leverage makes the info easy to digest and genuinely useful. Grateful for the share and the practical insight—it’s the kind of guidance folks can actually lean on!

Nov 20, 2025 06:19 AM