State of the Market

March 16, 2023

Cash Buyers Remain a Force in Columbus Real Estate

Columbus home buyers have faced competition from cash-paying investors since the Great Recession. Recent information from ATTOM Data Solutions, as reported in Columbus Business First, suggests that cash purchases may take a larger share of...

March 16, 2023

Rising Rents Squeeze Prospective Home Buyers in Central Ohio

It’s no secret that rising interest rates and low home inventory have challenged Central Ohio home buyers. Another barrier to home ownership is the rising cost of rent. Since 2016, average rents in Ohio have...

January 30, 2023

Intel Development Will Bring Housing Boom to Central Ohio

Central Ohio home buyers will soon be competing with thousands of new residents. The development of the Intel manufacturing complex in New Albany is expected to be completed in 2025. It will open with 3,000...

7 Reasons Columbus Home Buying is Tough in 2021

Recently, we had the opportunity discuss Central Ohio home buying conditions with the Columbus Dispatch. As we said in the article, the Columbus real estate market is, bluntly speaking, insane! The current market frenzy is...

Columbus Area Homes Selling Like Hotcakes

The volume of Columbus home sales increased 19% on a year-over-year basis, according to October statistics from Columbus REALTORS®. The Columbus area remains very popular with home buyers, even as other areas of the country...

Columbus Real Estate and the Central Ohio Economy

Columbus real estate has been on a tear in 2020, with higher home prices and faster sales. But as the pandemic drags on and the economy struggles, there’s some question about how long home sales...

Columbus Home Sales Set Record High in August

Columbus home buyers faced a blistering market during August, as low mortgage rates fanned already-hot home demand to new sales highs. According to Columbus REALTORS®, the nearly 5% gain in sales volume on a year-over-year...

Columbus Homes See Higher Summer Prices, Faster Sales

Home sales in the Columbus Metro started out strong this spring and gained momentum through the summer. The latest home sale statistics from Columbus Realtors© show July 2020 transaction volumes up 6.1% over July 2019....

Columbus Rents Climbing Higher in 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...

New Franklin County Property Appraisals Issued

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...