Determining the right list price for a New Albany home for sale is probably the single most important thing a home seller can do. Here’s why: If the price is too high, buyers will not likely even take the time to consider your home. If the price is too high, a Realtor may use your home to sell a similar but better priced home. And since you have the most number of showings during the first...
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The last few weeks of 2011 proved to be a rather successful time for New Albany area home sellers, as evident by the most recent real estate data from Trulia. Continue reading to learn more about the latest market trends in New Albany, Ohio and how it may affect you as a home seller. New Albany Properties for Sale Here’s an overview of the current state of the New Albany real estate...
CNN Money recently published its Top 10 Home Buyer Checklist. Since we found the list quite helpful and relevant, we wanted to share it with you. If you’re a New Albany home buyer, continue reading to discover what every home buyer should know before entering the Central Ohio real estate market. Investing in New Albany Real Estate Here are some of the facts that CNN Money said every home buyer...
The New Albany, Ohio real estate market saw a lot of changes during the last couple of months, according to the most recent data from the real estate website Trulia. Evidently, both home sales and home sales prices have been on the rise lately. Continue reading to learn more about the latest trends on the New Albany housing market, and how they may affect you as a New Albany home buyer. New Albany Homes...
Winter is a great time to live in New Albany, Ohio. That’s because this community oriented community always has a ton of holiday events going on during this time of year. If you’ve been thinking about relocating to central Ohio, I recommend you check out some of these family-friendly activities. It will give you a good idea of why so many people consider New Albany such a special...
Are you a New Albany resident who is entertaining out-of-town family members for the holidays? Are you wondering how you’re going to entertain them throughout their stay? No worries! We’ve compiled a list of upcoming holiday events in the area that are sure to be fun for the entire family. Continue reading to learn more! Enjoy These Holiday Events This Week Here are just some of the many...
Home Sales Up 29% YTD in New Albany I just pulled the Year-to-date statistics for home sales in New Albany and was very pleasantly surprised at how strong they are. Through May, 2011, 124 single family homes have sold in the New Albany Plain Local School District versus 96 sold through May in 2010. This is a remarkable 29% increase in homes sold this year over last. TY/LY sales for the Greater Columbus area are down 16%. Need Homes to Sell to Sustain Trend With this leap forward in home sales, and a large inventory of homes currently in contract, New Albany is positioned to have a truly excellent year. The only stumbling block that I see right now is if the low number of homes for sale is not replenished. Inventory levels are off significantly. In order to sustain the current trend, it’s time for the “don’t have to sell, but want to sell†sellers to re-enter the market. If you fit that description or are a “have to sell†seller, then we want to talk with you! Call or email us today.
I had a phone call from a gentleman this week asking if I was the listing agent for a home for sale in New Albany. I replied that I wasn’t but that I could help him as a buyer agent to which he replied, “What’s that?†It made me realize that as Realtors, we use a lot of terms that may not be familiar to those not in the business. So I took a moment to explain to him what a buyer agent is along with explanations of other common terms. Real Estate Brokers – Real estate brokers have a real estate broker’s license and operate a real estate brokerage. New Albany Realty is the brokerage that Kate & I work for. Realtors® – A Realtor is a licensed real estate agent who is also a member of the National Association of Realtors® (NAR). We are members of NAR® and thus, are able to call ourselves Realtors. Listing Agents – Listing agents are real estate agents who represent sellers, market their homes and work to get their sellers the best price and terms. In Ohio, with written permission listing agents may also represent the buyers for their listings. Buyer Agents – Buyer agents are real estate agents who represent buyers, help them find homes that meet their criteria, and work to get their buyers the best price and terms. We have 2 Buyer Agents on our team – Bev Klein and Laura Kohler. Bev and Laura are available to assist you with your home search so don’t hesitate to contact them. Kate & Tony work with both Sellers and Buyers and would be happy to work with you!
Today’s buyer has many choices of homes to choose from and has the ability to preview as many as their time allows. Using the internet, buyers can preview and “eliminate†hundreds of homes for sale. As they view these homes, they are looking for reasons to eliminate it from their list. The reasons are varied – they may think it needs too much work, is too small, don’t like the color it’s painted, etc. The reality is that the house may be a good fit for them and the reason they choose to eliminate it from the list could be easily rectified.
A look at a few key metrics tell the story. New Albany Real Estate is on the rebound. While first portion of 2010 was driven by tax incentives and first time home buyers, we really just "borrowed" future sales from July and Aug to hit the June 30th deadline. We were really pretty flat through mid 3rd Quarter 2010. Then we had a good finish and pushed ahead of 2009 in these important areas: