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Updates and News

Builder Confidence Hits 11-Year High

By Joan Defenbaugh | Mar 28, 2017

  In many areas of the country, there are not enough homes for sale to satisfy the number of buyers looking to purchase their dream homes. Experts have long proposed that a ramp-up in new, single-family home construction would be one of the many ways to overcome this inventory shortage. According to a recent survey…

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Mortgage Interest Rates Went Up Again… Should I Wait to Buy?

By Joan Defenbaugh | Mar 21, 2017

  Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks. Freddie Mac, along with Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors, is calling for mortgage rates to continue to rise over the next four quarters. This has caused some purchasers to lament the fact…

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Housing Market Expected to “Spring Forward”

By Joan Defenbaugh | Mar 17, 2017

  Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale in the market right now is what is holding back the market. Many potential sellers believe that waiting until Spring is in…

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Which Homes Have Appreciated the Most?

By Joan Defenbaugh | Mar 17, 2017

  Home values have risen dramatically over the last twelve months. The latest Existing Home Sales Report from the National Association of Realtors puts the annual increase in the median existing-home price at 7.1%. CoreLogic, in their most recent Home Price Insights Report, reveals that national home prices have increased by 6.9% year-over-year. The CoreLogic…

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Northwest Columbus Open House – Saturday Feb 4, 2017 2-4pm

By Joan Defenbaugh | Feb 3, 2017

5840 GODOWN Road, Columbus, OH Get Directions Click Here Description Features Photos Maps & Local Schools Walk Score $ Click for current price 4 BEDROOMS 2 BATHROOMS (2 full) 1800 Square Feet Sycamore Hills – 4 Level Split on almost a half acre lot. Upgraded and updated throughout. This home has new roof, windows, furnace,…

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If Your Home Hasn’t Sold Yet… Check the Price!

By Joan Defenbaugh | Jan 31, 2017

  The residential housing market has been hot. Home sales have bounced back solidly and are now at their second highest pace since February 2007. Demand has remained strong throughout the winter as many real estate professionals are reporting bidding wars with many homes selling above listing price. What about your house? If your house…

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Millionaire to Millennials: Buy a Home!!

By Joan Defenbaugh | Jan 17, 2017

  Last week, CNBC ran an article quoting self-made millionaire David Bach explaining that not purchasing a home is “the single biggest mistake millennials are making” because buying real estate is “an escalator to wealth.”   Bach went on to explain:   “If millennials don’t buy a home, their chances of actually having any wealth…

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Inadequate Inventory Driving Prices Up

By Joan Defenbaugh | Jan 10, 2017

The latest Existing Home Sales Report from the National Association of Realtors (NAR) revealed a direct correlation between a lack of inventory and rising prices. We are all familiar with the concept of supply and demand. As the demand for an item increases the supply of that same item goes down, driving prices up. Year-over-year…

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8 Important Questions to Ask Your Agent

By Joan Defenbaugh | Sep 20, 2016

  Qualifications are important. However, finding a solid, professional agent means getting beyond the resume, and into what makes an agent effective. Use the following questions as your starting point in hiring your licensed, professional real estate agent:   Why did you become a real estate agent? Why should I work with you? What do…

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