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Archive for the 'Real Estate News' Category

Make your Columbus Backyard a Greenspot and get a Discounted Rain Barrel

We’ve had a rain barrel sitting in our garage for nearly a year now and almost every day I think about how I should hook it up. It’s painfully easy but I’ve just not gotten around to it and we haven’t decided on the proper spot.
This is a fresh program from the City of Columbus…
For [...]

Authored by Joe Peffer | Discussion: No Comments »

“Delayed Financing Rule” : Pay Cash Then Cash-Out Next Day | The Mortgage Reports

Delayed Financing Rule : Pay Cash For A Home, Cash-Out Refi Next Day
Mortgage rates and markets change constantly. Stay 100% current by taking The Mortgage Reports by email each day. Click here to get free email alerts, or subscribe to the RSS feed in your browser.

If you paid cash for a home within [...]

Authored by Joe Peffer | Discussion: No Comments »

Central Ohio May Housing Update – Getting Warmer?

Remember that when you read headlines about ‘the real estate market’ (unless you’re reading them here) the real estate market in question is not your market. It’s a mythical national housing market where the numbers make no sense when trying to make home buying decisions locally.
Below is the latest from the Columbus Board of Realtors. [...]

Authored by Joe Peffer | Discussion: No Comments »

Rent or Buy? | Credit Sesame Blog

via creditsesame.com
This site came up with a nice interactive price-to-rent ratio infographic.

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

Authored by Joe Peffer | Discussion: No Comments »

Can the Scioto Mile, weeks from opening, Save the Southern End of Downtown Columbus Condos?

Today WOSU radio had a piece (partially excerpted below) asking this very question.  The new and fabulous Columbus Commons and this Scioto Mile park will be a draw for downtown Columbus. They might help sell homes, they might bring some people downtown, but they are merely a piece of the  puzzle.
The South end of downtown has more [...]

Authored by Joe Peffer | Discussion: No Comments »

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 »

Old National Road Celebration – America’s first Federally-funded interstate highway runs through Columbus

FOR IMMEDIATE RELEASE: April 26, 2011
CELEBRATION OF THE 200TH ANNIVERSARY OF THE NATIONAL ROAD
AND
RIBBON-CUTTING FOR OLD NATIONAL ROAD CONDOMINIUMS
(Columbus, OH) The Ohio National Road Association (”ONRA”), in partnership with Columbus Compact Corporation (”the Compact”), will host the City of Columbus’ celebration of the Bicentennial of the start of construction of the Historic National Road on [...]

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