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Archive for the 'Market Updates' Category

Columbus Ohio area Home Sales up 8.6% in October

I’m finding that the market continues to be relatively active, more so than past years at this 4th quarter time of the year.  More listings, more showings, more buyer actively looking and even beginning their searches late in the year.
Here is what the Board had to say about last month’s numbers. Note the bold orange [...]

Authored by Joe Peffer | Discussion: No Comments »

If the Government shuts down, will Columbus Real Estate follow?

What is a Government shutdown’s impact on real estate? As it turns out, not too much…
WASHINGTON – April 7, 2011 – The federal government may or may not shut down after Friday. Lawmakers have drawn a line in the sand and, as of today, it appears they won’t reach agreement by the current deadline of [...]

Authored by Joe Peffer | Discussion: No Comments »

Columbus Board of Realtors says final 2010 numbers show improvement

Stats_2010Residentialchart Home sales statistics for central Ohio in 2010 showed marked improvements compared to previous years according to the Columbus Board of REALTORS® (CBR).  This is their press release…
The average sale price of a home in 2010 was $158,893, just 0.6 percent lower than the average price of homes sold in 2009. However, the average price of homes [...]

Authored by Joe Peffer | Discussion: No Comments »

Are Columbus homes for sale undervalued by 16% ?

CNN Money seems to think so. In an article out today, the online financial magazine called the Las Vegas housing market simultaneously the most undervalued in the nation and one of the worst housing buys.
FIVE Ohio Cities made the list of the top 15 Under Valued Cities in the Country — Akron and Cleveland came in [...]

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Moving to Columbus, curious about Columbus neighborhoods or Columbus zip codes?

Columbus real estate agents are often asked about the make up of different neighborhoods–socio-economic, racial, age, lifestyle, sexual orientations, etc.  We’re not allowed to say a whole lot in response to these questions for fear of making a negative impression of one community at the expense of steering a Buyer to another.
That’s when I point Buyers [...]

Authored by Joe Peffer | Discussion: No Comments »

The Downtown Columbus Condo Conundrum…If You List it, Will They Come?

About 29 months ago I wrote a post talking about the downtown Columbus condo market and how I ‘finally’ saw all the units at 8 on The Square. I waxed poetic about how much I liked those units, and had some pictures of a few of the to-die-for Columbus views.
Today, at the corner of Broad and [...]

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Will The Columbus Housing Market be worse in 2010 than it was in 2009?

Robert Hahn wrote an article that appeared on Inman News recently that was ripe with 2010 predictions regarding the state of Real Estate in the country. It is a good read and I liked his take on many of the subjects.  Aside from mentioning the Jets not going to the Super Bowl, Hahn predicted that [...]

Authored by Joe Peffer | Discussion: No Comments »

Finally Official! Columbus Home Buyers and Sellers can take advantage of Extended Tax Credit

This afternoon President Obama signed the bill into law that will extend the $8,000 homebuyer tax credit to contracts signed by April 30 and closed by June 30.
I’m surprised that they left the two month window but I think it’s very smart. Still, even if it were this week, I would not try to [...]

Authored by Joe Peffer | Discussion: No Comments »

Real Estate Market Updates for Your Favorite Columbus Neighborhood

This is where you can find an update on what is happening in real estate in your favorite Columbus Neighborhood…
Clintonville
Greater Short North including Harrison West, Italian Village and Victorian Village
German Village and Brewery District
Schumacher Place and Merion Village
Greater Olde Towne East
Grandview Hieghts and Marblecliff

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