I Love A Parade The 2010 Parade of Homes in New Albany’s newest community, Ackerly Park, is springing up despite the heavy winter snows! The builders are braving snow, wind, and ice to bring an exciting showcase of homes to New Albany, Ohio this July! Great Lineup of Builders! There will be 8 homes to tour featuring some of Central Ohio’s premier custom builders: Bob Webb Homes,...
New Albany Real Estate
What a New Albany Real Estate Deal? So you found this incredible deal on a New Albany home that is owned by a bank, that's great. But be aware that this will most likely be a very trying and difficult transaction. Good news - Bad News Good news:  the price is generally very advantageous. Bad news:  almost everything else. Response time from Seller’s side is like glacier...
Housing Predictor, an independent real estate forecasting service, has ranked the Columbus area 2nd in the country in the Best 25 Housing Markets. Ohioans should feel especially positive as the ranking lists Cleveland, Columbus and Cincinnati as the top three housing markets, respectively. Check out the article to review the Best 25 Housing Markets as forecast by Housing Predictor. While I think...
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...
New limits will impact New Albany Home Buyer's & Sellers Congress overwhelmingly passed a bipartisan measure this week extending the $8,000 home buyer tax credit to April 30, 2010. More people are now eligible to take advantage of the law, which includes a $6,500 tax credit for buyers who are current home owners and have lived in their home for five of the past eight years. Income limits for...
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...
An article in the August 13th issue of the Columbus Dispatch referred to a growing foreclosure problem in the suburbs of Columbus. I began to wonder if this applied to New Albany as well. I searched the Multiple Listing Service to see how many of the homes that have sold in NA so far this year were either Foreclosed properties or Short Sale properties. 22 Foreclosed or Short Sale Homes Sold in...
I subscribe to a blog written by a decorator friend of mine, Colleen Lora and I like what she has to say. The following article is one she has written for our readers. Thought you’d enjoy a different “voice†for a change!-Kate Common Decorating Mistakes I am often asked, “What are the most common decorating mistakes?â€Â So, I’ve compiled a list – now...
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...
The BIA (Building Industry Association) recently announced that New Albany, Ohio will host the 2010 BIA Parade of Homes. The Parade of Homes is scheduled to take place July 10 – 25, 2010.  This 58th Parade will be located in Ackerly Park, an 18 acre site near the intersection of Market Street and Main Street in the New Albany Village Center District. This location is believed to be...