Long-term home ownership is also found in Pickerington, where homeowners have stayed in their residences for an average of 23.7 years. Delaware homeowners have been sticking around for an average of 18 years.

These embedded homeowners are reaping the benefits of wise home purchases in the past. For example, Worthington residents are spending an average of just 18% of their income on home ownership costs.

Worthington’s low ratio of distressed property, home ownership length and home value appreciation earned it the title of “Most Stable Housing Market in Ohio” by SmartAsset.

Earlier this year, SmartAsset named Pickerington and Hilliard among the “Top 10 Housing Markets in Ohio” based on neighborhood stability, speed of home sales, and home prices relative to income.

While this is great news for Central Ohio homeowners, it’s also an example why Columbus area home buyers have limited inventory to choose from. Homeowners simply do not have much motivation to move. Many purchased their homes during a less expensive period, and have refinanced their mortgages as interest rates fell.

Still, opportunities can be found in the Central Ohio real estate market. Patient home buyers who work with an Exclusive Buyer’s Broker can access the widest possible array of homes for sale – including homes on the Columbus Regional MLS, new construction, and homes For Sale by Owner!

As your Exclusive Buyer’s Broker, we serve your best interests at all times! Unlike real estate agents and brokerages who represent sellers, as an Exclusive Buyer’s Broker we only represent you, the buyer, getting you the best price and terms with no conflict of interest at all times.

Understanding this distinction could literally save you thousands of dollars not only on the purchase price and terms, but also on seller concessions and home inspection issues, whether you are a first-time homebuyer or an experienced homeowner!

Contact us with your home buying questions! Remember, we are with you every step of the way…all the way home!

Andrew Show
Exclusive Buyer’s Broker, CEBA-M, MCNE, CSP, PSA,e-PRO, CREM, ABRM, AHWD
Buyer’s Resource Realty Services www.BuyersHome.com
Serving Metro Columbus, Ohio with Exclusive Buyer’s Agents
7100 North High Street, Suite 204, Worthington, Ohio 43085
614-888-4110 | 888-888-4110 Toll Free | 614-839-4110 Fax

The post Central Ohio Homeowners are Happy to Stay Put appeared first on Columbus Ohio Real Estate | Buyer's Resource Realty Services.

• Greenville
• Heath
• Newark

The following areas are also among the top markets in Ohio, and they are markets we serve:

• Hilliard
• Johnstown
• Pataskala
• Pickerington

Complimenting this report, is another article by Columbus Business First showing that Metro Columbus home prices posted solid gains during August 2016. Median sales prices increased by 5.5% in Central Ohio on a year-over-year basis. The pace of sales was also brisk, with single-family home and condominium sales up by 4.8% compared to a year ago. August 2016 marks the most active August market on record.

Limited home inventory has been an ongoing challenge. Officially, Metro Columbus home inventory in August 2016 was down by 21% compared to a year ago. We say “officially” because industry statistics based on the Columbus Regional Multiple Listing Service do not count homes For Sale by Owner, or homes for sale by builders. Our true home inventory is always a little higher than what is statistically reported.

Still, this is a market that requires home buyers to be well-prepared and well-protected! It is essential to have your home financing plan in order, and understand your home buying priorities. It is absolutely critical to have the professional representation of an Exclusive Buyer’s Broker. Without our guidance, you could find yourself overpaying for a home, or feel pressured into waiving important contingencies that protect you!

Ready to find your new home? Let us help you! As your Exclusive Buyer’s Broker, we serve your best interests at all times! Unlike real estate agents and brokerages who represent sellers, as an Exclusive Buyer’s Broker, we only represent you, the buyer, getting you the best price and terms with no conflict of interest at all times.

Understanding this distinction could literally save you thousands of dollars not only on the purchase price and terms, but also on seller concessions and home inspection issues, whether you are a first-time homebuyer or an experienced homeowner!

Contact us with your home buying questions! Remember, we are with you every step of the way…all the way home!

Andrew Show
Broker, CEBA, CEBA-M, CNE, CSP, ABR-M, e-PRO, GREEN
Buyer’s Resource Realty Services
Serving Metro Columbus, Ohio with Exclusive Buyer’s Agents
7100 North High Street, Suite 204, Worthington, Ohio 43085
614-888-4110 | 888-888-4110 Toll Free | 614-839-4110 Fax

The post Metro Columbus Real Estate Market Shows Strength appeared first on Columbus Ohio Real Estate | Buyer's Resource Realty Services.