Ohio Foreclosure Filings See Early 2018 Uptick

March 9, 2018

Ohio is among the top 5 states for foreclosure activity as of January 2018, according to data from RealtyTrac. About 1 in every 1,212 Ohio homes were in some stage of foreclosure as of January, an increase of 6% from the same month a year ago. Nationally, the foreclosure rate has dropped by about 16% […]

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Should Columbus Home Buyers Use Escalation Clauses?

March 2, 2018

In our competitive real estate market, buying a Columbus home might feel like trying to win an Ebay auction! But that doesn’t mean you should approach home buying with an auction mentality. This is exactly what an “escalation clause” does. Let’s take a closer look at this controversial strategy, and why it can backfire on […]

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As Columbus Home Inventory Tightens Up, Buyers Should Buckle Down

February 23, 2018

If you’re planning to buy a Columbus home this year, you’ll probably have some competition! Here’s a look at the latest home inventory figures from Columbus Business First, along with some advice from all of us at Buyer’s Resource Realty Services! We’ll start with the silver lining. Out of the 7,519 homes sold in the […]

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Millennials are a Growing Force in Columbus Economy

February 19, 2018

In prior blog posts, we’ve discussed the strength of the Central Ohio housing market, and the Columbus economy and population growth behind it. Now let’s talk about a key demographic that positions Columbus well for the future – our young adults. Millennial residents account for about 15.6% of the Columbus population, according to 2016 estimates […]

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Metro Columbus Job Growth Reflects Economic Strengths

February 10, 2018

The Metro Columbus real estate market is driven by employment, and employment is driven by our economic climate. Here are some reasons why the economic forecast is “sunny” for Central Ohio! In our prior blog post, we discussed Metro Columbus population growth, which places our area only second to Chicago in population size. We are […]

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Central Ohio Population Growth Adds Fuel to Home Demand

February 3, 2018

Much has been said about the strength of Central Ohio’s real estate market. We’ll say a little more! Columbus Business First reports that Franklin County had 17,286 single-family home sales during 2017. The median home price increased 4.4% from 2016, reaching $173,795. After hitting a trough during 2011, Central Ohio home prices and sales volumes […]

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4 Things Columbus Home Buyers Should Know About the New Tax Law

January 25, 2018

The Tax Reform and Jobs Act changes how income taxes are calculated for tax year 2018. Tax rates have been reduced for most income brackets, personal exemptions are kaput, and some popular deductions have been altered. Here are key points Columbus home buyers should know! First, very few people buy a home purely for the […]

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Central Ohio Housing Market Shows “Good Health”

January 19, 2018

Home prices in Central Ohio are in line with the economic strength of the area, according to a report by Nationwide Insurance, published in Columbus Business First. The “Health of Housing Markets Report” examines the real estate conditions of 400 metropolitan statistical areas in the U.S., with a focus on home affordability. In the report, […]

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Strong Central Ohio Home Sales Set Tone for 2018

January 12, 2018

Central Ohio home buyers have been busy during the waning months of 2017! Central Ohio home sales were up 3.2% in November 2017, with 2,377 transactions recorded. This was the highest of any November on record. Homes spent an average of 36 days on market, beating the November 2016 rate of 42 days on market. […]

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Radon: The Silent Central Ohio Home Health Hazard

January 5, 2018

Radon is an invisible, odorless, inert radioactive gas, found in varying concentrations everywhere in the United States. While it’s a common substance, it isn’t a benign one. Radon is a known human carcinogen, and the second-leading cause of lung cancer in the U.S. Radon gas is formed by the natural radioactive decay of uranium, which […]

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