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Archive for June, 2010

Mortgage Rates Lowest in 30 Years

via housingstorm.com
From last week when we equaled an all time low. Even today I saw 4.0% on a 15 year mortgage.

Posted via email from Sights and Sounds of Columbus, Ohio Real Estate

Authored by Joe Peffer | Discussion: No Comments »

REALTOR® Magazine-Daily News-Housing Expert: ‘The Suburban Century Is Over’

Housing Expert: “The Suburban Century Is Over” At a recent meeting of the Urban Land Institute of Minnesota, Senior Fellow John McIlwain said “a new normal” will be created in the housing market over the next 10 years, and he marked the end of “the suburban century.”
He noted that [...]

Authored by Joe Peffer | Discussion: No Comments »

America’s Most Expensive Mansion Sells

Since this will get you wondering, in Franklin County, only 30 homes have sold for more than $2 Million. Of those, only one has sold for more than $3MM – A 17,750 sq ft 7 bedroom 8/3 bath home on 4 acres in the Coltsneck neighborhood of Blacklick in August of 2006 for $3,600,000.

Action [...]

Authored by Joe Peffer | Discussion: No Comments »

52% of Singles chose to buy in suburbia? Do you think it’s true in Columbus?

So says a Coldwell Banker survey of 1,000 singles. My experience says the opposite. While I have helped clients sell their suburban homes–a decision that many never seemed to have liked in the first place–most of my single clients, men or women, prefer to be where the action is.
[...]

Authored by Joe Peffer | Discussion: 1 Comment »

The Long-Term Cost Of A 30-Year Fixed Rate Mortgage | The Mortgage Reports

When you buy a home with a 30 year mortgage, do you ever really plan to stay in that home for 30 years and see that mortgage completely paid? Probably not. NAR tells us that most people move every 5-7 years on average. These days, I’d surely reccomend staying in your home for at [...]

Authored by Joe Peffer | Discussion: No Comments »

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