Up until the typical slow period just before Christmas, the Columbus, Indiana Real Estate market was relatively stable with minimal decreases in overall sales, or value to homes.
Columbus, Indiana was fairing pretty well, we are still in kind of a bubble? The figures for 2007 Columbus home sales were $231,221,935. with 1408 units sold, and 2008 was $220,169,532. with 1316 units sold. Producing a 4.77% drop in total sales, and a 6.53% down turn in number of units sold..
The figures for year to year for Bartholomew County and the overall sales dropped from $331,818,914. with 2062 units sold in 2007, to $286,189,951. with 1788 units sold, in 2008. Which is basically a 13% drop year to year. Not really good but not bad considering some of the harder hit areas nationally.
Adding to this its considered a Buyers Market, inventory of homes on the market is sizeable, whether its regular sellers or the many individuals that are definitely saddened by the short sales, foreclosure and loss of their homes. And unfortunately the Government intervention took too long, or was too late for some.
There is a chance for "Opportunity To Be Knocking" it's a very Opportunistic Buyer's market. So if you are thinking about moving or buying a home for the first time, or as an investment, the opportunity is there! If you check mortgage rates over the years, we are now at record lows, presenting there is opportunity to buy a home with a very low interest rate. Provided of course that you have great or good credit, and a downpayment.
I suggest you hire an agent like myself to research and find that home. Visit my website at http://www.columbusareahomesforsale.com for more information regarding Buying or Selling. Get yourself Prequalified, have sufficient funds available, and as they say the "World Is Your Oyster!" and you too, can have the American Dream.
Martin Dorgan
Coldwell Banker
South Central Realty
1015 Third Street
Columbus Indiana, 47201
Office: 812-378-3331 ext.122
Cell: 812-603-1368
Website: http://www.columbusareahomesforsale.com
Active Rain Blog: http://activerain.com/blogs/martindorgan
Spectacular Results! That's what you want! That's what you deserve! That's what you really want, Right?
You want to find the home that's right for you-at the right price. You want to find a home by negotiating the best price, with the least hassle...And You Want Someone Who Can Get The Job Done Right!
Well You've Come To The Right Place!
You want Martin Dorgan as Your Realtor!
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