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Archive for May, 2011

How Long and How Big? Tracking Price Reductions in the Columbus Real Estate Market

How long until that home you love has a price reduction? How big of a reduction will it be?

Until about a month ago, these were difficult questions for the average Columbus Home Buyer to answer. Heck, there’s no easy way for a Columbus Realtor to answer those questions without diving into data and pulling out a calculator.

Authored by Joe Peffer | Discussion: No Comments »

Clintonville Homes for Sale and Sold – Clintonville Real Estate Market Update

Homes on the market: As of today there are 202 Active Clintonville homes for sale.
Averaging 1,671 sf,

$232,523 list price
$150.08/sf and
92 days on market.

If nothing else, the Clintonville real estate market has been very steady of late….
Currently, there are  50 Clintonville Homes in Contract
–contingent on financing/inspections as of today: 40

Averaging 1550 sf
$197,312 list price
$138.34/sf
53 days on market
One [...]

Authored by Joe Peffer | Discussion: No Comments »

REO Volume Plummets; Homes Now Sell At 20% Discount

This post is via Dan Green at the mortgagereports.com. If you don’t read him, you should. My highlights include:
“It now takes 400 days to Foreclosure” From initial default to bank repo — then more time before it hits the active real estate market in your area–anywhere from two weeks to [...]

Authored by Joe Peffer | Discussion: No Comments »

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copyright 2007-2011 Joe Peffer is a Columbus Realtor and Real estate Broker for RE/MAX Town Center in Columbus, Ohio