Buyer’s Home: Your Exclusive Columbus Buyers Agency — Page 2

Columbus Rents Climbing Higher in 2020

September 4, 2020

While Columbus Metro apartment rents aren’t as lofty as some cities, they have been rising sharply. An ApartmentGuide study shows double-digit rent increases on a year-over-year basis for Columbus apartments of all sizes. The study compared average rents around the country from the second quarter of 2019 to the second quarter of 2020. Despite the […]

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New Franklin County Property Appraisals Issued

August 25, 2020

The Franklin County Auditor’s office released new property appraisals August 22, 2020. If you agree with the tentative property value, no action is necessary. If you disagree with it, you can speak with an appraiser to discuss your property value. Speaking with an appraiser occurs during a “review session” and they can be performed virtually […]

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Columbus Millennial Home Ownership Trails National Average

August 10, 2020

Millennial home ownership in the Columbus Metro is below the national average, according to the latest study by Porch.com. The study evaluated data from the U.S. Census Bureau, the Bureau of Economic Analysis and Zillow. It also examined median home prices and wages, average mortgage payments and the cost of living among large U.S. metros. […]

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Columbus Real Estate Market Humming Along

August 3, 2020

Columbus home buyers have proven resilient against anything 2020 can throw at them, according to the latest market data reported by Columbus Business First. The number of homes under contract increased by 17% on a month-over-month basis from May to June. Ultra-low mortgage rates and limited home inventory keeps home buyers motivated, even while the […]

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Columbus Mortgage Defaults Start to Rise

July 24, 2020

Recent data from CoreLogic shows mortgage defaults on the rise. Here are highlights from the report published in the Columbus Dispatch, along with our insights! First, we should mention that some level of mortgage default is normal, due to unforeseen hardships befalling borrowers. Prior to the Great Recession, defaults averaged between 2% and 3%. In […]

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Columbus Residential Real Estate Worth $163 Billion

July 21, 2020

Don’t tell the tax assessor, but the sum total of Columbus residential real estate is worth about $163 billion! This figure comes from an analysis by LendingTree, which calculated the worth of 50 U.S. metros by their residential real estate value. The study is based on U.S. metro home values as of January 2020, along […]

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Is Now a Good Time to Buy a Columbus Home?

July 10, 2020

Metro Columbus home buyers might be feeling uncertain about the market. On one hand, we have very low mortgage interest rates. On the other, there is economic uncertainty and a limited amount of affordable home inventory. Toss in an election year and a volatile stock market, and things could look a bit murky. Essentially, buying […]

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Buyers Should Consider Flex-Space in Their Columbus Home Search

July 10, 2020

After experiencing a lockdown at home this spring, many Columbus home buyers are looking for homes with more storage capacity, plus room for family recreation, and space for home office and study areas. The open floor plan, which has been the modern residential standard, doesn’t always fit the bill. One budget-friendly solution could be found […]

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Columbus Home Sales Pick Up Speed

June 26, 2020

Record-low mortgage interest rates are adding fuel to Central Ohio home demand. Buyers have been practically racing to available homes, causing May 2020 home sales to speed up in all price ranges. Interestingly, homes priced at $500,000 saw the greatest reduction in days-on-market. Here’s a look at the pace of May home sales by price […]

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4 Key Benefits of Fiduciary Representation for Columbus Home Buyers

June 26, 2020

Columbus home buyers have information at their fingertips, but buying a home involves more than browsing real estate websites. The truth is, without having your own Exclusive Buyer’s Broker representing you in the home buying process, you are at a disadvantage! By the nature of the industry, most agents represent the seller when showing homes […]

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