Our market is improving because of the $8,000 tax credit for first time home buyer's, interest rates at historical low's, and homes are more affordable compared to last year. With all this positive housing news and activity, Columbus, Ohio housing prices increased by 13% compared to April this ye
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06/25/2009
It's a great time to buy a home, why, rates are back down and there are alot of homes to choice from Conventional - 30 yr fixed: 5.50% (down .125%) Conventional - 15 yr fixed: 5.00% (down .25%) FHA 30 yr fixed: 5.50% (+ 0% origination) (down from 0.5% origination) VA 30 yr fixed: 5.75% (+ 0%
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06/16/2009
How and why? Columbus or Central Ohio housing market reflects there are 16% fewer homes on the market comparing to April 2008, home prices have moved up by 4 % and homes are not staying on the market as long. What does this mean? Our local market is becoming a more balanced market which in turn w
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06/10/2009
Over the past several months our Federal and State governments have been very busy working on incentives for home buyers. You may be aware of the $8,000 first time home buyer tax credit. Will our Federal government or FHA just approved one significant incentive for first time home buyers, on May
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06/02/2009