Below are some home sale statistics for a few neighborhoods in Dublin. If you want to know more about your home or neighborhood, please give us a call. All data is pulled from the Columbus Board of Realtors! Please excuse the size of each chart as I am using them from another location.
We were asked to speak at the Hawk’s Nest Home Owners association meeting and shared some information about the neighborhood and the status of the Real Estate for this neighborhood (We also live in this neighborhood). We were asked if we could share this info, so here it is:
IN THE PAST 2 YEARS:
Average price per SF is up 10.6%
Average Days on the market is down 15.9%
Average Price for sale is up 5.5%
Average Price Sold up 2.7% at $402,000
These are all great numbers for our neighborhood and show positive growth. If you have any questions or would like to have more information please give us a call!
I am ask many times about what is a Short Sale or a Foreclosure or a Bank owned and what is different about these types of homes. Below are a few videos that describe the 4 main types of homes sales that occur in Central Ohio. They are Normal or Owner Sale, Bank Owned, Short Sale and HUD. Please watch these videos and contact us with any questions you might have or how we can help you in buying or selling. Hope this helps!
Normal or Owner Sale
Bank Owned Home Sale
Short Sale Home Sale
HUD Home Sale
I am asked many times about what all is involved in the actual buying process. Hopefully this will help. Also, we will work with you and walk you through each of the steps discussed in this video. If you have any questions please give us a call!
”If you worry about what other people think of you, then you will have more confidence in their opinion than you have in your own. Poor is the man whose future depends on the opinions and permission of others. Remember this, if you are afraid of criticism, you will die doing nothing!” Christopher Columbus in the book The Traveler’s Gift.
A recent Fannie Mae study reveals that the majority of Americans still aspire to own a home – and for good reason. Owning a home is critical to financial stability and wealth building. A home serves as a forced savings account and provides a solid asset, as well as a place to live. Despite the recent market upheaval, the vast majority of Americans still consider home ownership to be important to the economy and preferable to renting. Since the end of World War II, promoting home ownership has been high on the list of the federal government’s priorities, and will continue to be so.
As the graph below points out, the rent vs. buy equation needs to also take into account that rents are subject to increase every year, and mortgage payments remain fixed throughout the life of the loan*. Another key factor in the affordability picture is the federal tax deductibility of mortgage interest, which amounts to an annual savings of thousands of dollars for the average homeowner.