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"As a first-time homebuyer, I was nervous about the entire process. Step by step, Joe made it easy and fun. His expertise in the Columbus real estate market is a tremendous asset. He is highly recommended!" - Nicolette Horan, March 08
"I wanted to say thank you again, so much, for all your hard work. I know that you really put a lot of time into this transaction and I really, really appreciate it. I'm so happy I got the house and it all worked out and I just wanted to say thanks again, you did a great job and i really appreciate it. I will put that on the survey when they send it to me.
If there is ever anything I can do for you, please don't hesitate to give me a call. I will refer every single person I know to you. I'm going to go get my dog and we're going to sit on the floor of our new house and have a glass of champaign. Thanks a lot Joe" -- Michael Mamp, Feb 08
Is the 2007 Columbus Real Estate Market Doomed?
June 19th, 2007 categories: For Home Buyers, Market Updates, Mortgage/Finance, Real Estate News
Or is it primed to make a comeback? Well, maybe somewhere in between lies the best guess. The first and last thing to always remember when we’re talking about real estate is that IT’S ALL LOCAL.
Who cares if the sky is falling across the country. So what if USA Today, WSJ and the nightly news talk doom and gloom. The saying goes all politics are local and while that may be true, so are real estate markets and Columbus is no exception.
2005 was the biggest year in real estate history in Columbus, Ohio. 2006 was third. 2007 is on track to be the 4th best real estate market in history. That’s not shabby, really.
Also, Ohio does NOT have the highest foreclosure rate in the nation, Colorado does. Ohio is number 8. At the same time, we here in Ohio did experience a 20% increase in foreclosures last year over the previous year. Fact: The foreclosure rate for Ohio stands at 1.7% of all mortgages.
Speaking of almost losing your home, if you’re afraid your tight financial situation may mean you’ll miss a mortgage payment or two, the Ohio Housing Finance Agency (yes, that’s OHFA) has a new loan product for you: The Opportunity Loan Refinance Program. They also have a great first time home buyer program.
Jay Thompson
June 20th, 2007
Nice blog Joe! Followed one of your comments somewhere else to here. Looks like I have another one to add to the feed reader. Keep up the great work!
E. Berman
June 22nd, 2007
Real estate no matter what the market is and location is still a good purchase; especially if located in the USA. The fact is that land is limited in it’s availabilty…and will remain constant.
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Columbus Real Estate Notes » Blog Archive » Local Mortgage Fraud schemers indicted
June 29th, 2007
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