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New Albany Ohio Real Estate – 2010 Recap

You don’t have to look too hard for some encouraging real estate news in New Albany from last year. Overall, prices stabilized and unit sales were up 13% over the 2009 numbers versus a 5% decrease in unit sales in the entire Columbus Board of Realtors. As you will see in the chart below, some neighborhoods faired a little better than others. The New Albany Links and New Albany Country Club communities significantly improved in units sold but lost a little ground in sales prices while The Preserve and Albany Park saw improvement in sales prices.

NEW! QR Codes for New Albany Real Estate

Kate & Tony Thomas Out Front (Again) In our effort to always bring cutting edge marketing to our clients, we have just introduced QR codes on our listing yard signs.  We were first to use 800 #s, then texting and now QR.  So What's QR Code?  QR codes are like a UPC code in the grocery store, except instead of recording a price and a SKU, when you scan them with your smart phone,...

New Look…New Features…NEWALBANYOHIO.COM

Check Out Our New Look The leading web site for all things Real Estate in New Albany, NewAlbanyOhio.com , has a bold new look. Check it out!  We've kept the features you love, like searching New Albany Homes by price and updated our layout for easier use. New Features Now you can see real time New Albany real estate trendswith a click of your mouse. you can subscribe to have this data emailed to you...

We Give Thanks for Hopeful Real Estate News

Lawrence Yun, chief economist for the National Association of Realtors, presented the NAR Forecast for 2010 real estate at the annual conference held in San Diego in November.  His projections included the following good news:  13.6% increase in the sale of existing homes as well as a return to positive growth in home values as inventory levels continue to decline. Although real estate markets vary...

Did The $8000 Tax Credit Help The New Albany Real Estate Market?

With the $8,000 tax credit for 1st time home buyers about to expire on November 30th, I was expecting to see a lot more  New Albany homes for sale and Columbus homes for sale going into contract.  When the tax credit was announced, the experts thought it would jump start the housing market.  From my vantage point, there has been little “trickle up” effect seen in New Albany Ohio real...

New Albany, Ohio Real Estate Sales Showing Signs Of Life!

July is the first month in 2009 where unit home sales in New Albany Ohio were equal to the number sold in 2008. 30 homes sold in New Albany this July, the same as was sold July ’08. At the end of the 1st quarter this year, unit sales were off the 2008 pace by over 50%. Through July, 2009, unit sales are off 25% - a marked improvement over 1st quarter. As you can see in the chart below, TY/LY unit...

Franklin County Auditor Confirms Zero Increase in Tax Valuation This Year!

Tony and I returned from vacation on Sunday. On Monday, I tackled a mountain of mail being held by the post office. The item I was most interested in was the notice from Joe Testa's office (Franklin County Auditor) announcing the proposed valuation of our home for 2008. Yours was probably just like mine – it shows no increase in valuation from 2007. 2008 is the year for the triennial update of...

On-Line Home Value Sites Can Be Misleading

We recently did a market analysis for a prospective seller in New Albany.  They were surprised that my actual analysis was different from the one they got using an on-line valuation service.   Zillow.com and Cyberhomes.com are two sites that will generate a suggested market value of your home using computer models.  We find their results to be very hit or miss. These programs cannot take into...

Get Your New Albany Home Sold…Now!

It Takes Location, Condition and Price to Sell a Home! Selling a home in today's market is challenging to say the least. In the past, you could overcome a less desirable location with a great price. You used to be able to overcome dated condition/décor with a great location and floor plan. And occasionally, a home in a great location and superior condition would sell for more than one might have...

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