The Columbus Ohio Real Estate Blog

October 2007 Home Sales

2007-12-12T14:55:00.001-05:00

Slower listing pace supports market correction(November 27, 2007) The number of listings added to the market in October was down for the third month in a row, a strong indicator that the market is beginning to correct itself. The 3,578 homes listed last month is down 6.9 percent from one year ago. In addition, new listings in August and September were down 8.3 percent and 5.7 percent

Home Sales Blooming Early

2006-04-25T12:45:00.000-05:00

(March 23, 2006) Central Ohio home sales are blooming early this year. In February, the area saw a record 1,579 homes sold which is 10 percent higher than last year during the same month according to the Columbus Board of REALTORS®. This brings the total homes sold in the first two months to 2,957, nine percent higher than the first two months of 2005. "We've experienced a very

Conveyence fee on home sales is doubled

2005-12-14T14:06:00.000-05:00

Conveyance fee on home sales is doubled Wednesday, December 14, 2005 Robert Vitale THE COLUMBUS DISPATCH Columbus, Ohio People who sell their homes will pay twice as much in fees to Franklin County under an increase approved yesterday during a heated county commissioners meeting. Democrats Mary Jo Kilroy and Paula Brooks voted for the extra charge, which will double, for instance, the $150 paid

Columbus Ohio home sales for Sept. per mls

2005-10-26T00:27:00.000-05:00

September 2005 Home Sales Higher sales, Higher inventory (October 25, 2005) All year long, homes have been selling for higher prices and at increased rates. And last month was no exception. Over 2,420 home sold in September, up almost seven percent over last year. Sales January through September were 21,223 which is almost three percent ahead of 2004 during the same period according to the

End of summer home sales heat up

2005-09-27T15:26:00.000-05:00

Central Ohio home sales in August were up almost nine percent over last year putting some real sizzle into the late summer selling season. Over 2,875 homes sold last month, up 8.9 percent from the 2,639 homes sold in August 2004 according to the Columbus Board of REALTORS®. "Closing activity was fair but not great in June and July, which reflects more on home buying activity in the spring months

Marketplace poised to shatter all previous best-ever marks...

2005-09-27T10:29:00.000-05:00

Home sales activity throughout Ohio remains strong, with the market posting a record-breaking level through August, according to statistics provided by the state's largest Multiple Listing Services. "The fact that the marketplace has be able to sustain a record-breaking sales pace during the first eight months of the year is ample proof that the American Dream of homeownership is alive and well

Home sales down slightly in June

2005-09-23T08:13:00.000-05:00

Home sales last month were down slightly from the previous year but still ahead for the first half of 2005 according to the Columbus Board of REALTORS® Multiple Listing Service. The 2,766 residential homes sold in June 2005 was down 2.2 percent from the previous year. However, sales for the first six months (January – June, 2005) are still ahead by .5 percent. “Although sales are down slightly

Listings of Homes for Sale in the Central Ohio area.

2005-08-22T10:16:00.000-05:00

There are over 15,000 homes actively listed for sale in the Columbus Ohio Multiple Listing Service as of 8/22/05. Please visit our web site at www.ColumbusOhio.com or www.RealEstateWarehouse.com to search through all of these homes for sale.

Local REALTORS win challenge on area building moratorium

2005-05-05T09:26:00.000-05:00

Homebuilders and REALTORS in central Ohio successfully emerged from a two-year legal battle in early April. The lawsuit, brought by the Building Industry Association of Central Ohio involved a challenge to the city of Pickerington's building moratorium passed in 2003, designed to limit the number of single-family building permits. The OAR Issues Mobilization Committee recently agreed to provide

Ohio's first quarter home sales break records

2005-05-05T09:25:00.000-05:00

The Ohio housing market reached record-breaking levels during the first quarter for both sales activity and average price, according to statistics provided by the state's Multiple Listing Services. "The one consistent--in an otherwise uncertain economic environment--has been a robust real estate market," said OAR President Jim West. "Favorable interest rates, a recovering economy, rising

Protect your family from sexual predators

2005-05-05T09:21:00.000-05:00

Awareness is the most valuable tool we have in protecting our loved ones from sexual predators. Stories like that of Jessica Lunsford--the 9-year-old girl murdered by a known sex offender in Florida--remind me that we must do all that we can to raise awareness here in Ohio. Now, thanks to a strong partnership between Ohio's 88 county sheriffs and my office, you can take steps to protect your

Year End Residential Home Sales

2005-04-21T14:13:00.000-05:00

FHA Boosts Qualifying Ratios

2005-04-20T14:23:00.000-05:00

The Federal Housing Administration has increased its all-important benchmark qualifying ratios by two full percentage points. Effective immediately on all manually underwritten mortgages, the government will accept a payment-to-income ratio of 31 percent and a debt-to-income ratio of 43 percent. For borrowers whose homes qualify as energy efficient, the new "stretch" ratios are

Appraisal Fraud Remains Hot Topic

2005-04-20T14:21:00.000-05:00

Appraisal fraud is generating a firestorm of responses from the industry, both to extol efforts to publicize the issue and to offer insight a recent study may not reveal. Appraising, the science of determining the value a home, has been under the microscope recently as part of broader law enforcement efforts to curtail growing levels of financial fraud in real estate transactions. Questionable

February home sales up slightly

2005-04-19T13:36:00.000-05:00

(March 16, 2005) Last month's home sales were up slightly over one year ago. The 1,436 residential home sales were 2.2 percent higher than the 1,405 homes sold in February of 2004 according to the Columbus Board of REALTORS® Multiple Listing Service. "That's the highest number of homes ever sold during the month of February," said Doug McCloud, 2005 President of the Columbus Board of REALTORS®. "

High end home sales up in January

2005-04-19T12:19:00.000-05:00

(February 17, 2005) Home sales in Central Ohio last month were up slightly over the beginning of 2004. However, the average sale price jumped up 11 percent last month from $151,058 to $167,888 according to the Columbus Board of REALTORS® Multiple Listing Service. “We saw a large increase in sales of homes over $250,000 in January – almost 35 percent,” said Doug McCloud, 2005 President of the

Welcome to the Columbus Ohio Blog!

2005-04-19T10:27:00.000-05:00

Thanks for stopping by our blog! This is a service of Real Estate Warehouse, and will be updated as often as possible. We plan on keeping you as up-to-date as possible on what's happening here in Columbus and Central Ohio. If you have any questions, please feel free to send us an e-mail. You can also visit any of our websites by using the links along the side of this page. Check back often, as we