We're glad you're here! "Buying, Selling or Building a Home" is an exciting undertaking and we know you're anxious to get started. Below are just a few things we'd like you to know about PDS Real Estate. We believe they make us the best choice of agents for home buyers and sellers in the Central Ohio area.
Our commitment to our clients...
In serving our real estate clients, we as real estate agents commit to:
working hard, recognizing that clients are our "employers;"
treating every client's real estate home purchase or real estate sale as if it were our own; providing value in line with the compensation we receive;
answering phone calls live whenever possible and returning messages the same day they are left;
following up promptly on support requests;
responding accurately to all questions and issues;
researching them with authoritative sources whenever necessary; and
always putting the interests of our clients first when dealing with fellow real estate agents, lenders, and all other parties.
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Homes are a hot commodity in central Ohio
(July 21, 2016 – Columbus, OH) – The average sales price of a home in central Ohio during the month of June climbed to a new record high of $216,379, a 5.4 percent increase over June 2015 and a 1.2 percent rise over the previous month, according to the Columbus REALTORS® Multiple Listing Service. The median price in June was $180,000 a 4.7 increase from the previous year. Read more.
The average sales price is the total volume divided by the number of homes sold. The median is the midpoint -- half the homes sell for less, while half sell for more.
“Homes that are listed at market prices continue to fly off the shelf and be a hot commodity in central Ohio" said 2016 Columbus REALTORS® President John Royer. “Investing in a home is one of the smartest decisions you can make. And with the lowest interest rates we’ve seen in three years, it’s even more astute.”
There were 3,250 central Ohio homes and condos sold during the month of June, a 5.1 percent increase over May, although a slight dip of .6 percent from the same month a year ago.
The number of homes and condos for sale in central Ohio in the month of June inched up to 5,914, a 5.8 percent increase over the previous month, although down 22.8 percent from June 2015.
There were 4,013 central Ohio homes and condos added to the market during the month of June, a 4.4 percent increase from May and a .5 percent increase from the same month a year ago.
“Our challenge is the low inventory of available homes, which is holding us back from seeing more sales,” added Royer. “In June, the No.1 obstacle to making a purchase, as reported by 40% of buyers on realtor.com, was simply finding a home that met their needs.”
During the month of June, homes spent an average of 35 days on the market, which is 12 days shorter than June 2015, nine days shorter than May, and the lowest on record.
“With the lack of inventory, central Ohio buyers are moving quickly when a home is newly listed,” Royer said.
According to the latest Housing Market Confidence Index by the Ohio Association of REALTORS®, 95 percent of central Ohio REALTORS® expect home prices to rise over the next year. When asked about securing financing versus a year ago, 34 percent reported it was easier, 26 percent reported it was more difficult, and 40 percent reported it was the same.
Current housing report – June 2016
All housing reports
This Month’s 20 Hottest Housing Markets
Daily Real Estate News | Thursday, August 25, 2016
Housing is sizzling in the last few weeks before the end of summer. According to Realtor.com®, it's the “hottest August in a decade” for real estate.
Homes are selling 2 percent more quickly than a year ago and prices are reaching new highs. The median home was listed for $250,000 on realtor.com®, which is 8 percent higher than a year ago.
Realtor.com®’s research team did its annual check up on housing markets across the country to identify which metros are seeing homes sell the fastest and garnering the most listing views (based on realtor.com® traffic). New cities added to its list this month included Kennewick, Wash., and Waco, Texas. Detroit also notably moved up in the rankings this month, up four spots to land in the top 10.
Here are the 20 real estate markets that topped realtor.com®’s list in August:
1. Vallejo, Calif.
4. San Francisco
5. Stockton, Calif.
6. San Diego
7. Columbus, Ohio
8. Waco, Texas
10. Sacramento, Calif.
11. Fort Wayne, Ind.
12. Yuba City, Calif.
13. Modesto, Calif.
14. San Jose, Calif.
15. Fresno, Calif.
16. Colorado Springs, Colo.
17. Santa Cruz, Calif.
18. Kennewick, Wash.
19. Santa Rosa, Calif.
20. Nashville, Tenn.
National Foreclosure Inventory Down 25.9 Percent
This is such good news that our housing market and our economy are recovering. The foreclosure inventory declined by 25.9 percent and completed foreclosures declined by 4.9 percent compared with June 2015, according to CoreLogic®’s recently released June 2016 National Foreclosure Report. The number of completed foreclosures nationwide decreased year over year from 40,000 in June 2015 to 38,000 in June 2016, representing a decrease of 67.5 percent from the peak of 117,835 in September 2010.
The foreclosure inventory represents the number of homes at some stage of the foreclosure process and completed foreclosures reflect the total number of homes lost to foreclosure. Since the financial crisis began in September 2008, there have been approximately 6.3 million completed foreclosures nationally, and since homeownership rates peaked in the second quarter of 2004, there have been approximately 8.4 million homes lost to foreclosure.
As of June 2016, the national foreclosure inventory included approximately 375,000, or 1.0 percent, of all homes with a mortgage compared with 507,000 homes, or 1.3 percent, in June 2015. The June 2016 foreclosure inventory rate is the lowest for any month since August 2007
Staging versus Decorating a Home...
Staging a home for sale is different from decorating your home. The main and most important purpose of staging your home for sale is making it appeal to wide range of home buyers. Whereas decorating your home is your personal decorating preferences. Open this article, it gives a lot of insight on how to stage your home for sale, along with other links that might interest you.
Home Staging Link
Social Media and Your Business
Keep your social media identity focused solely on your business. Controlling and protecting your Identity is important. As much as you’d like to show the world your new granddaughter, it’s far better to show your newbusiness products or services.. The product/service can’t be kidnapped and held for ransom.
Posting your birth date — and those of your family members — is increasingly risky, as criminals are getting creative at cross-referencing information and using it for bad intentions. When you share your birthday, it’s one less thing an identity thief has to dig for. John Smith might be hard to distinguish from other John Smiths when a thief is trying to steal your identify, but John Smith plus his exact birthday makes it one step easier.
Some businesses encourage you to “check in” in exchange for a promotional bribe. Think twice about letting the world know where you are. If you check in for a workout, bad guys know you are at the gym for at least 30 minutes. Checking in for a movie is even a longer window of opportunity. What you may think is an innocent asset to a home could signal the perfect opportunity to attack for a criminal. Property descriptions such as “enjoy your privacy in this remote setting…” can be an invitation for trouble. Remote locations with privacy are exactly what an attacker wants.
Post only your professional contact information online. Keep your personal information private. Never post that you are alone or where you are going, either professionally or personally. Friends with warm smiles are not the only ones reading your posts. It’s a dangerous mistake to post something like, “Just me, my favorite movie, and some wine tonight. Can’t wait!” That’s a red light invitation that you are alone and possibly intoxicated — neither of which looks good to anyone but a potential attacker. We’ve all heard that “what goes online stays online.” Even if you are careful and follow that warning, someone else may post something about you that is revealing or embarrassing.
Create a Google Alert for your name, your phone, your address, and each member of your family so if there is any mention of any of this information, you’ll get an e-mail with a link to the page it’s on. - See more at: