What you don’t know can cost you time and money when it comes to selling your house. The best source of information is your real estate agent, and we’ve put together a growing list of helpful resources about the home selling process. When you’re ready, call the Rita Boswell Group at 614-830-9767 to discuss how we will sell your house.
In April, the Months of Inventory moved up slightly to 0.9. Since this is under 3, it’s still a seller’s market. The number of new listings went up 4% compared to April. However, the number of homes going into contract outpaced the number of homes listed for sale in April. Low inventory and the seasonal … Continued
In March, the Months of Inventory moved back down to 0.8. Since this is under 3, it’s still a seller’s market. The number of new listings went up 30.2% compared to March. However, the number of homes going into contract and selling outpaced the number of homes listed for sale in March. The lower number … Continued
Dealing with a loved one’s home after their passing can be an emotional and overwhelming experience. When my mother-in-law passed away, my husband and I faced the challenging task of handling her home. As an only child, my husband inherited the property, but we had different opinions about what to do with it. The house … Continued
In February, the Months of Inventory moved back down to 1.1. Since this is under 3, it’s still a seller’s market. The number of new listings went up 6% compared to February. However, the number of homes going into contract and selling outpaced the number of homes listed for sale in February. The lower number … Continued
Selling your home in Columbus, OH can be a daunting process, but it doesn’t have to be. While the market is ideal for Columbus home sellers, it’s still important to avoid common mistakes that can arise. To help you out, we’ve compiled a list of the top three mistakes to avoid when selling your home … Continued
In January, the Months of Inventory came in at 1.4. Since this is under 3, it’s still a seller’s market. Homes continue to sell quickly at only 31 days on average. Prices appear to be stabilizing, though only time will tell. The number of new listings went up 24% compared to last January. Inventory may … Continued
Need to sell your home? You may have heard of companies such as OpenDoor, or seen an ad that promises a speedy (or close to immediate) offer for your house – all while sidestepping REALTORS completely. These services are known as “iBuyers.” The term is derived from their role and status as digital companies that … Continued
In December, the Months of Inventory came in at 1.2. Since this is under 3, it’s still a seller’s market. Homes continue to sell quickly at only 26 days on average. Prices appear to be stabilizing, though only time will tell. The number of new listings went down almost 25% compared to last December. Low … Continued
In November, Months of Inventory increased by almost 8%, but it remains a seller’s market because inventory is still low. Homes are still selling quickly at only 23 days on average. Prices appear to be stabilizing, though only time will tell. Continue reading to find out how the Columbus, Ohio housing market is performing. “Today’s … Continued
It’s still a seller’s market, but the real estate market is shifting in the Columbus area. In October, Months of Inventory increased. The total number of homes for sale moved up, but the number of homes placed in contract also moved up month over month. So, overall inventory increased, but there’s still not enough housing. … Continued
It’s still a seller’s market, but the real estate market is shifting in the Columbus area. In September, the Months of Inventory increased. Fewer homes were newly listed, but fewer homes were sold or went into contract. So, overall inventory increased. This is finally causing home price trends to begin to depreciate. That’s good news … Continued
It’s still a seller’s market, but it does appear to be leveling out somewhat in Central Ohio. In August, the Months of Inventory decreased slightly. The absorption rate leveled out, and the price per square foot continued to fall from July’s peak. New listings were yet again outpaced by homes going in contract, and the … Continued
While we’re still in a strong seller’s market thanks to high demand and low inventory, the market does appear to be leveling out in Central Ohio. Months of Inventory went up in July, and the Absorption rate went down. Trends have changed to Steady and Neutral.* In July, the Months of Inventory continued to rise, … Continued
As usual, the market heats up along with the temps. Even though Days On Market are falling and prices are rising, the market is hampered by continued low inventory. In June, the Months of Inventory rose. New listings were yet again outpaced by pending and sold homes, but there was a 40% increase in homes … Continued
As expected, as the weather warms so does the housing market. Even though Days On Market are falling and prices are rising, the market is hampered by continued low inventory. Thankfully, we are seeing more listings enter the market. In May, inventory rose somewhat but new listings were once again outpaced by pending and sold … Continued
As expected, as the weather warms so does the housing market. Even though Days On Market are falling and prices are rising, the market is hampered by continued low inventory. The demand is still there, but the supply just isn’t. In April, it does appear that the number of homes for sale and homes listed … Continued
Rita is a born helper and problem solver, so it is only natural that she has worked to earn the RCS-D (divorce designation). In divorce, there are many problems to be solved. One of the biggest issues couples face is who gets the house. After all, the family home is usually the most significant asset, … Continued
We remain in a hot seller’s market in Columbus. It’s likely to stay hot because low inventory and high demand continue to be the catalysts. In fact, the below report shows that as of this writing, there are about 900 homes currently for sale in all of Central Ohio.* Looking at the graph below, we … Continued
Since 2020, the Columbus real estate market has been extremely challenging, to say the least. The demand is high, but the supply is not. The supply imbalance has been hardest on buyers of lower-priced homes (where inventory is thinnest). With current economic conditions so murky, it’s hard to say whether or not things will get … Continued
The Columbus area has maintained a hot sellers’ market throughout the winter. This will continue into spring because low inventory continues to be an issue for everyone. In fact, the below report shows that as of this writing, there are less than 900 homes currently for sale in Central Ohio.* Read below to find out … Continued
The Columbus area has maintained a hot sellers’ market throughout the winter, and that will likely continue as we move into spring. Inventory continues to be an issue for buyers and houses are being bought up quickly. New listings are up, but they are being bought up quickly. Buyers are racing to buy before interest … Continued
The Columbus area is still in a hot sellers’ market even as temps cool. Inventory continues to be an issue for buyers and houses are being bought up quickly. New listings are still trending down, but sold price trends are now depreciating. BOTTOM LINE: We NEED more listings in order for the market to balance … Continued
The Columbus area is still in a hot sellers’ market even as temps cool. Inventory continues to be an issue for buyers and houses are being bought up quickly. New listings are still trending down, but sold price trends are now depreciating. BOTTOM LINE: We NEED more listings in order for the market to balance … Continued
Many housing investors, prospective homebuyers, and current homeowners are anxious for what 2022 has in store. The housing market has been wild over the past two years. Prices surged to record levels. Inventory is still at or near record lows. As the year comes to an end, Realtor.com and Redfin have published their 2022 real … Continued
A short sale allows a homeowner to sell their home for less than what they owe the lender. Fortunately, there are few short sales right now due to a rapid rise in home values. However, with recent economic hardships, we may see more short sales in the near future. Some homeowners are in a difficult … Continued
The Columbus area maintained a seller’s market through October and into November. Inventory is still near record lows and houses are being snatched up quickly. New listings are still trending down, and sold price trends are still appreciating. BOTTOM LINE: We NEED more listings in order for the market to balance out. Read below to … Continued
The Columbus area continued to maintain a seller’s market throughout September, of course. Inventory is near record lows and houses are being snatched up quickly. New listings are still trending down, and sold price trends are still appreciating. BOTTOM LINE: We NEED more listings in order for the market to balance out. Read below to … Continued
The Columbus area continued to maintain a seller’s market throughout August. Inventory is near record lows and houses are being snatched up quickly. The number of new listings dropped by 14% in August while pending homes moved up over 16%. Meanwhile, for sale prices fell in August, but sold price trends are still appreciating. Without … Continued
The Columbus area continued to maintain a seller’s market throughout July 2021. Inventory is near record lows and houses are being snatched up quickly. Home prices continue to rise even as the summer winds down. However, it is still a good time to buy for a long-term investment. In the near term, home prices may … Continued
The Columbus area has continued to maintain a seller’s market throughout June. Inventory is nearing record lows and houses are being snatched up quickly. Home prices continue to rise as we head through the summer market. However, it is still a good time to buy for a long-term investment. Consistently low inventory and higher demand … Continued
The fast acceleration of home prices has many wondering if we’re in a housing bubble similar to the mid-2000s. However, the experts have been saying that no, we aren’t in a housing bubble. We’ll get into why below. But first, what really IS a bubble? The balance defines an asset bubble as… An asset bubble … Continued
The Columbus area has continued to maintain a seller’s market throughout May. Home prices came down slightly over the past months which is normal for this time of year – spelling good news for buyers. BUT, inventory is still incredibly low which will continue to benefit sellers. As we come into the summer market, expect … Continued
The Columbus area has continued to maintain a seller’s market throughout April. Home prices came down slightly over the past months which is normal for this time of year – spelling good news for buyers. BUT, inventory is still incredibly low which is definitely going to continue to benefit sellers. As we shift into the … Continued
The Columbus area continued to be in a strong seller’s market throughout March. Home prices came down slightly over the past months (normal for this time of year) – which is good news for buyers. BUT, inventory is still incredibly low which is definitely going to continue to benefit sellers. As we shift into the … Continued
The Columbus area continued to be in a strong seller’s market in February, despite the weather. Home prices are coming down slightly each month (normal for this time of year) – which is good for buyers. BUT, inventory is still incredibly low which is resulting in bidding wars, no contingencies, and favorable conditions for sellers. … Continued
When selling a home, everyone obviously wants to get top dollar. It’s always a pleasant surprise to get offers that are over the asking price, but that isn’t always so simple. Getting high offers takes work and a strategy. Here are 5 simple methods to sell your home over the asking price. 1: Start Low … Continued
At the moment, the housing market is as hot as ever. Everything seems to be in the seller’s favor. Market conditions have homeowners thinking it’s easy to sell their home at any price. However, selling a home yourself as a “FSBO” (for sale by owner) is extremely risky. This is especially true right now. Here … Continued
The Columbus area continues to be a strong seller’s market despite being in the dead of winter. Home prices are coming down slightly each month – which is good for buyers. But, inventory is still incredibly low. Consistently low inventory and higher demand are driving up prices year after year. The market normally slows down … Continued
The Columbus area continues to be a strong seller’s market despite being in the dead of winter. Home prices are coming down slightly month by month – which is great news for buyers. But, inventory is still incredibly low. Consistently low inventory levels combined with high demand are continuing to drive prices up year after … Continued
The Columbus area continues to be a strong seller’s market even as temps drop. Home prices are coming down slightly month over month – which is great news for buyers. But, inventory is still lower than ever. Consistently low inventory levels combined with high demand are continuing to drive prices up year over year. We … Continued
The Columbus area remains in a strong seller’s market even with winter around the corner. Home prices are down slightly month over month – great news for buyers. But, inventory remains extremely low. Consistently low inventory levels and high demand are driving prices up year over year. We usually see a seasonal slow down as … Continued
The Holiday Season may not seem like a great time to sell a home in Columbus. Most people are thinking more about gift lists and possible travel plans rather than house-hunting. However, those that are buying a Central Ohio home in November and December are generally serious and ready to buy. If you’re selling your … Continued
The Columbus area remains in a strong seller’s market despite cooling temps. Home prices continue to rise and inventory remains ridiculously low. We usually see a seasonal slow down as we approach the holiday season, but we’ll have to see what happens this year. Read below to find out how the Columbus, OH housing market is … Continued
The Columbus housing market continues to be an extreme seller’s market. Home prices continues to rise and inventory remains insanely low. Read below to find out how the Columbus, OH housing market is doing and see what trends are happening right now. “Today’s Stats” are also included so you can see how things have changed … Continued
The Columbus housing market continues to be a heavy seller’s market. Home prices are rising and inventory is shockingly low. Read below to find out how the Columbus, OH housing market is doing and see the trends that are occurring. “Today’s Stats” are also included so you can see how things have changed as of … Continued
The Columbus housing market is going crazy! It’s definitely a seller’s market, since home prices are rising and inventory is as low as ever. Read below to find out how the Columbus, OH housing market is doing and see the trends that are occurring. “Today’s Stats” are also included so you can see how things … Continued
The Columbus housing market is HOT!!🔥🔥🔥 Homes are selling fast, home prices are up, and inventory is way down. Keep reading to see how the Columbus Ohio Real Estate Market did in May and to view trends. We’ve also included “Today’s Stats” to help you see where we are as of this writing on June … Continued
As expected, activity in April contracted considerably. The number of homes for sale, newly listed, pending, and closed were all down. However, as states slowly reopen, the Columbus real estate market is starting to pick back up, as you will see from the mid-May stats provided below. People are still buying and selling homes, and … Continued
Given the current healthcare emergency, it is difficult to know what the Columbus real estate market will do. Despite the virus, March still saw home prices and sales move up and days on market move down in Central Ohio. If you need to buy or sell a home during this time, please contact us at … Continued
Given the current healthcare emergency, it is difficult to know what the Columbus real estate market will do in the near future. If you need to buy or sell a home during this time, please contact us at 614-830-9767. You can always start your home search online from your home at RitaBoswellGroup.com. Read More to … Continued
If you overprice your home, it won’t sell quickly, if at all. Simple as that. Many people put their homes high above market value because of some sentimental value they hold, or because they think their house is worth more than it is, or because they are underwater. Some overprice their home because they feel … Continued
We’re two months into 2020, and the market is already getting HOT! Keep reading to see how the market is doing in Columbus right now.
Happy New Year and New Decade!! Let’s start it off with a great Columbus Real Estate Market Report for home buyers and sellers! Keep reading to see real estate trends that make this an ideal time to buy or sell a home in Columbus!
If you’re nearing retirement, you might be thinking about selling your home and downsizing, but unless you have to for health reasons, should you? Moving is a big ordeal, and it can cost a lot of money. You need to figure out which option; moving or staying where you are, is right for you both … Continued
So you’re trying to sell your home yourself as a FSBO (For Sale By Owner). Perhaps you don’t trust real estate agents. Or, maybe you’ve done the math and can’t see giving up 6% of your equity to someone else. I understand these feelings, believe me. It is understandable that you don’t want to “give … Continued
‘Tis the season for holiday movies, snow days, and beautiful decorations. Believe it or not, it’s also a great time to buy a home! Keep reading to see real estate trends that make winter an ideal time to buy.
What happened to Autumn?! Winter has come early and the Holidays are fast approaching. Even though the holiday season and the cold weather slow the real estate market down, statistically this is the best time to buy a home. Plus, it’s still a seller’s market, so it’s good for homeowners too. Keep reading for the … Continued
It’s definitely Autumn! The time of the year when home prices fall along with temps. In fact, fall and winter are the best times to buy a home because prices and competition are a little lower. While prices are falling slightly with the season, the overall trend of low housing inventory and rising home values … Continued
When selling, there are many things that you will have to disclose to buyers, such as foundation issues or if your house is in a flood zone. However, this doesn’t mean you should say everything about the home. Some things that homeowners say, even though they don’t have to, can turn off buyers. Here are … Continued
When you list a home for sale, you need to keep in mind that strangers will be entering your home. The majority of buyers just want to find a new home, and are completely innocent. However, some “buyers” have more sinister intentions. BUSTED! Caught In The Act! We had a situation where a home buyer … Continued
Summer is almost over, and like clockwork, the real estate market begins to slow down. As expected, home prices are coming down slightly, and homes took a little longer to sell in August compared to July. Keep reading for the full report and to view trends.
Cigarette odor is infamous for being difficult to get out of a home. It permeates the whole house and is definitely something buyers do not want to deal with in a new home. For this reason, if your house has “smoker’s smell”, you’ll want to remove it completely before doing any showings. Here are 6 … Continued
July numbers are in! We normally see a small slow down in July as many people go on vacation. The real estate market in Columbus usually picks back up by September before slowing again for the fall and winter. As expected, home prices did fall slightly in July. However, days on market also fell. New … Continued
Not all buyers are going to be serious about buying your house, even if they request a showing. Even if they say “This home is amazing!” or “I would love to live here!” that might not always mean they are serious about buying. Keep reading to know the signs that a buyer’s just not that … Continued
June numbers show that the market remained as hot as the temperatures! July usually sees a small, temporary market slow down as many people go on their summer vacations this month, so expect that to be reflected in next month’s report. Read More to see how the Central Ohio real estate market did in June … Continued
It’s June, and with the summer heat the real estate market also heats up this time of year. Overall, prices moved up in May, though inventory came up slightly. Expect a slight slow down in early July for summer vacations, then the market usually picks back up again before the fall and winter slow down. … Continued
It’s May and the house hunting season is in full swing! The number of listings went up in April, but so did the number of homes closed and in contract. Inventory remains low and is about the same as this time last year. Read More to see how the Central Ohio real estate market did … Continued
Birds are singing, flowers are blooming… and the market is heating up! Literally, Columbus was just named the Hottest Market in the US. If you’re thinking about buying a home, what better way to enjoy the lovely weather than to go see some homes for sale! Read More to see how the Central Ohio real … Continued
The outside of your home is the first thing potential buyers will see. How good your exterior looks is called curb appeal. It’s based off of what people see from the curb of the street you’re on. Here are 5 quick and inexpensive ways to drastically improve your home’s curb appeal. 1. Pressure Wash If … Continued
It’s officially Spring! When the temperature climbs and there’s more daylight in the evening, it’s perfect for house hunting! Read More to see how the Central Ohio real estate market did in February and to view trends.
January is usually the beginning of the end for the slower winter season in real estate. Home buyers in Columbus enjoyed more inventory, longer days on market, and lower prices on average. As the days grow longer, the weather warms, and folks begin to get their tax refunds, that’s when the real estate market swings … Continued
The weather and short days generally make January a slower time for real estate. It’s normal for prices to shift down and properties to spend more time on market. However, thanks to the new year and tax returns on the horizon, many home buyers and sellers are gearing up to enter the housing market soon. … Continued
If you’ve listed your home for sale in Columbus, Ohio, but it’s just not selling what should you do? Is it wise to take your home off the market? Delisting your home may seem counter-intuitive, but it can actually be a smart move. Here’s a few examples of when you should take your house off … Continued
When a home owner is thinking about listing their home, one thing is usually a priority: Money. Listing a home with the correct price can be the difference between getting an offer quickly (maybe even multiple offers) or languishing on the market for months with little to no interest. Knowing that, Columbus home sellers MUST … Continued
Most home sellers want to get the highest possible price for their home. However, sometimes the best possible price you can get for your home is not as high as you may have hoped. If your home sits on the market for a long time and you need to sell, you will have to reduce … Continued
Whether you’re thinking about buying or selling a home in the Columbus area, you can benefit from viewing homes that have recently sold. Home sellers can use recent home sales in their neighborhood to get an idea of home prices on homes sold nearby. Home buyers can look at recent home sales in a community … Continued
Planning to sell your home while you still live in it? Preparing for last minute home showings will make your life much easier. You will absolutely need to know how to get your house ready to show with short notice – possibly as little as a few minutes. If you haven’t done so already, start … Continued
Scenario: You’ve decided to move, but you have to sell your current home first. Many homeowners find themselves in this situation, because extra money is needed to either be able to pay two mortgages for months (potentially) or to qualify to purchase the next home while still owning the old home. Now you have to … Continued
When it comes time to move-up or move-on, many homeowners ask themselves if it is better to sell their home or rent it out. If you have a low mortgage balance, renting out your home may be a good way to have another income stream. But, it doesn’t always make sense, especially if you’re not … Continued
Finding the right real estate agent can be a daunting process if you don’t have the right information. You want your real estate agent to be a committed, reliable, and trustworthy agent. You’ll spend a lot of time working with them, so this is of paramount importance. Why do I need a real estate agent? … Continued
Selling your home is a big step. There can be many reasons for selling a home. Some people need more space and want to move into a larger home. Others simply want to downsize. The reasons for selling are endless. If you decide to sell your home, you should know the six basic steps. 🙋♀️ … Continued
How much does it cost to sell a home in Central Ohio? If you’re thinking about selling a home, you are probably wondering how much the closing costs will be and what other fees you may have to pay. Here, we will break down the general costs when selling a home in Columbus so that … Continued
If you’ve followed my market reports through the summer, you already know that Central Ohio is seeing different market conditions for different price points. Overall, the Columbus area has had (and continues to have) a Seller’s Market. However, buyers and sellers in the higher price points will likely find conditions more favorable to buyers. The … Continued
Central Ohio has been buzzing since mid-summer about the property tax valuation increases. You may have already received a mailer informing you of your possible tax increase. The good news is, property values are on the rise in Central Ohio! This is great for home owners, especially those who lost value during the recession. The … Continued
Probably everyone knows about Zillow and their “Zestimate,” but in case you don’t, here’s what it is (according to Zillow): “The Zestimate® home value is Zillow’s estimated market value for an individual home and is calculated for about 100 million homes nationwide. It is a starting point in determining a home’s value and is not … Continued
News Flash: Central OH Housing Inventory Continues To Drop The latest report from the Columbus REALTORS Multiple Listing Service shows that already low inventory levels are going even lower as the number of homes under contract increases.
Are you selling your home? Preparing your home for the real estate market is the most important thing you can do to help it sell as quickly as possible for as much money as possible. Here are some of the secrets that real estate experts use to help home sellers get their home ready to … Continued
With many Central Ohio homes for sale receiving multiple-offers, I find I am getting a lot questions from both buyers and sellers on what to do in a multiple offer situation. Buyers are finding the current real estate market difficult because homes are selling so quickly. They’ve often lost out on a home already, and … Continued
Every Central Ohio homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensuring you get the highest price possible. 1. Price it a LITTLE LOW This may seem counter-intuitive. However, let’s look … Continued
Remember the nervous excitement and the stress of buying your first Central Ohio home? Imagine feeling all of it again – except this time trying to sell a home too. Buying a home and selling a home can both be stressful, but when you’re trying to do them at the same time you double that … Continued
Selling your home does not just mean hiring an agent to stick a sign out front. There are a lot of preparations you should make to ensure you get the best offer possible in the shortest time. Make Repairs Just because you’ve gotten used to the cracks in the walls and the rattles in the … Continued
The National Association of Realtors (NAR) released their latest Quarterly Metro Home Price report earlier this month. The report revealed that home prices are not only continuing to rise but that the increases are accelerating. Lawrence Yun, Chief Economist at NAR, discussed the impact of low inventory on buyers in the report: “Without a significant … Continued
If you are debating listing your Columbus area house for sale this year, here is the #1 reason not to wait! Buyer Demand Continues to Outpace the Supply of Homes For Sale in Central OH The National Association of REALTORS (NAR) Chief Economist, Lawrence Yun recently commented on the inventory shortage: While feedback from REALTORS® … Continued
Although we love our pets for their loyalty, friendship, and overall cuteness, nobody likes the inevitable pet smell and hair that accompanies our furry friends! If you’re selling your Central Ohio home, a clean, fresh-smelling home won’t turn off buyers. Keeping a home clean with a pet is certainly a daunting task. Whether you hire … Continued
You hear it on the news all the time: “It’s a buyer’s market,” “It’s a seller’s market,” or “The housing market is on the rebound.” And, while you probably get the gist of what these folks are talking about, having a deeper understanding of the housing market and how it works can help you immensely … Continued
