• KarenGorskiGrassisGreenerHave you noticed the badge shown in this post? Most Central Ohio real estate agents will be wearing the badge to promote the real facts about today’s Central Ohio housing market.

The Columbus Board of Realtors® has a wonderful website ColumbusHousingFacts.com which you can visit for all the real facts about the real estate housing market. On April 15, 2008 the Columbus Board of Realtors® launched a campaign to inform residents that “The Grass is Greener Here” in Central Ohio. Realtors® are getting the word out …..

For most buyers it’s a great time to buy

It’s a great time for first time buyers and move up buyers to purchase a home; so much to choose from at such competitive prices. Long term investors – you couldn’t ask for a better market.

Interest rates are still low which is keeping the housing market strong

 Lower interest rates help first time buyers to afford a home, a move up buyer can afford a more expensive home

Don’t wait too long

Good deals will not last forever, no one knows when interest rates will go up, or if that house that meets all your needs will be there for you to purchase tomorrow. Yesterday’s prices could be history tomorrow because the real estate market could heat up as it always does.

 

The Central Ohio housing market is healthy and stable

 According to Forbes.com Columbus is the 9th most affordable place to live well and the 3rd most stable housing market, Central Ohio average sale price of homes is considerably lower than the national median price.

 

What Columbus and Central Ohio has to offer

  • In 2007 Franklin County grew by 9,040 residents and six surrounding Central Ohio counties grew by 10,428 residents
  • Delaware County is the 13th fastest growing county in the U.S.
  • Columbus is among the top 10 lowest cost real estate markets in the country, according to Conway Data. According to the National Association of Realtors, the median house price in Columbus of $153,900 is 31% less than the national average
  • 20 colleges and universities are currently attended by 110,000 students
  • A thriving metropolitan area with a population of 1.7 million in eight counties – Delaware, Fairfield, Franklin, Licking, Madison, Morrow, Pickaway, and Union – the Columbus Region is a launching pad for corporations and inventions known worldwide
  • The Columbus Region is home to the headquarters of 15 Fortune 1000 companies, six of whom are Fortune 500 companies.

Now’s the time to take advantage of the Central Ohio affordable housing market