ohio

June 2008 New Albany, Ohio Market Update

New Albany Home sales in June increased over May by 45% (31 homes in June vs. 21 homes in May).   "Low interest rates, high inventory and competitive pricing continue to fuel the housing market here in central Ohio," says Greg Hrabcak, President of the Columbus Board of REALTORS®. "As long as we have these three critical factors in place, home buyers and investors are actively pursuing a home...

2008 New Albany Home Sale Statistics – Not the picture the media would have you believe!

As I was reading the "Business Page" of the Columbus Dispatch on Tuesday, I was struck once again, with how totally local real estate actually is. The article I was reading indicated that the decline of sales in Columbus was not as bad as those reported by the Ohio Association of Realtors for the entire state of Ohio. I decided to take it one step further and look at New Albany specifically. The Ohio...

National Real Estate News Is About As Useful As A National Weather Forecast

National Real Estate Scenarios Don't Apply to Columbus, Ohio! I just read an article from the Wall Street Journal's "Real Estate Journal Today" – an online service sponsored by www.WSJ.com. The head line reads "Kimmel Home Listed for $81.5 Million". That headline will definitely catch your attention, but is it really relevant in Columbus Ohio? I don't think so. This article is perhaps good fodder...

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