The Columbus Board of Realtors released statistics today showing a significant decline in home sales activity in July.  There is no doubt the expiration of the first time home buyers’ tax credit had an impact.

There is, however, some good news! Interest rates are at historic lows and with solid inventory and competitive pricing it is a great time to buy.  Sellers don’t fear, you can still sell a home in today’s market, just be sure to condition the home properly, price it well and work with a quality real estate professional.

If you have questions about buying or selling or need information about the market call Eric at 614-402-8335.

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Call Eric @ 614-402-8335 for details or to schedule a showing!

973 Strimple Ave., Columbus, Oh. 43229

This is a great opportunity for a move in ready, stylish home in desirable North Columbus location.  Numerous upgrades make this the one. Kitchen and baths are clean and bright with “today” colors and all the features you are looking for. Hardwood floors, open floor plan and an incredible backyard sanctuary make this the perfect place to call home.

3 bedrooms (4th available in lower level)

2 full baths

Nearly 1,400 square feet of living space

Excellent condition

Private rear yard with patio and wonderful deck/balcony off of kitchen

Call 614-402-8335 for your private showing today.

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Based on statistics just released by The Columbus Board of Realtors, things are looking up in the local housing market.  The chart below details activity and indicates a strong increase in sales year over year as well as from February to March.

According to an article released today,

“The central Ohio housing market is on fire right now,” exclaims Sue Lusk-Gleich, President of the Columbus Board of REALTORS®. “There’s no question the home buyer tax credits have a lot to do with our market activity. But the significant increase in listings as well as rising sale prices are clear evidence that our local market is regaining its strength.”

With the Homebuyer Tax Credit ending soon we are all wondering what the impact will be on home sales in Central Ohio. The good news is that interest rates remain historically low and reasonable home prices abound.

Keller Williams Capital Partners agents closed 158 units in March 2010 which was up more than 40% over March 2009.  Obviously, only time will tell, but those in the industry will tell you things seem to be aligned for a solid spring and summer market.

If you are wondering whether now is the right time for you to buy or sell please call Eric direct at 614-402-8335.

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The race is on.  With the extension of the $8,000 Homebuyer tax credit ending 6/30/10 (must be in-contract by 4/30/10) you need to be putting the wheels in motion if you plan to purchase a home and receive the benefits available.

We have had lots of questions about this program and with the government in charge, you can be sure there has been some confusion!  Included here are a few documents which should help address any questions you may have about the program, timing and whether or not you may qualify.

As always, you can reach Eric directly at 614-402-8335 with any questions or comments.

Click below for helpful documents:

First Time Homebuyer Tax Credit FAQ

Tax Credit Handbook

IRS Form 5405

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This video gives a brief overview of what to expect when making an offer to purchase a home.

Please contact Eric directly at 614-402-8335 with any questions. Thanks for visiting our site!

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This is part 2 of a 5 part series on the home buying process.  This section covers the home search portion of the process.

Call Eric at 614-402-8335 with any questions.

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This video is the first in a 5 part series which overviews the homebuying process. Designed to give you a solid road map for a successful home purchase, this video covers the initial Buyer Consultation as well as the Financing Pre-Approval process.

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