“Even with the price increases, low mortgage rates are keeping homes affordable. But demand is also keeping the pace highly competitive.”
“Although increased home prices might seem like a deterrent, the drop in mortgage interest rates over the past three months means that housing affordability is the best it’s been in a year.”
“As market conditions are particularly advantageous for homes in the more affordable price range, those homeowners should seriously consider listing their home right now.”
“Given our strong job growth, low-interest rates, and so many central Ohio buyers looking to buy a new home, we’re hoping to see new listings continue to increase as we head into the summer months.”
“Sellers can take full advantage of the low inventory and higher prices by listing their home now.”
“Homeowners (who are) waiting for warmer months to list their home are missing out on opportunities to sell today.”
“But the increases in inventory during the last four months of the year suggests more choices for buyers in 2019.”
“This solid housing demand, fueled by a growing economy and low unemployment, reinforces the health of the central Ohio market."
"Yet sellers are still seeing healthy appreciation in the value of their home.”
"For ninety-one straight months inventory was declining and favored the sellers while discouraging buyers in some price points. This slight supply shift may encourage buyers to get back in the home search arena while interest rates are still very good."