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Columbus Homes BlogColumbus Homes BlogTHE authoratative Real Estate Blog for Central Ohio written by long time Realtor and Blogger Joe Peffer covering Clintonville, Downtown Columbus, the Short North, German Village, Olde Towne East, Grandview, Italian Village and Bexley real estate mark Articles
Speaking of FHA
2007-12-16 03:25:00 Congress should soon pass a bill to lower the down payment on FHA loans to 1.5% (from 3%) and increase the mortgage amounts to $417,000. This could especially help you out if you’re on the fence for a conventional loan. A version of this has already passed 348 to 72 so we could be looking at ... More About: Finance , Mortgage , Speaking
What do you want to see here?
2007-12-15 02:48:00 It’s getting toward the end of the year. I’m thinking about what I want to do with this blog next year and I’m looking for your input. Yesterday, at a closing, my clients (who I adore (along with their 3 month old baby,)) told me I need to update more often. While I do try ...
Buy Your Home with $100 Down
2007-12-14 20:24:00 That’s the latest promotion from the Department of Housing and Urban Development (HUD). If you use FHA Financing, and you’re an owner occupant, you fit the bill for this incentive. Oh, and you’ll also receive $2500 at closing to use for repairs (trust me, you’ll probably have them on a HUD home,) closing costs or the ... More About: Home
Short North - Italian Village Homes for Sale/Sold — November Update
2007-12-10 22:19:00 It was Harrison Park leading the way last month with Seven Home Sale s. Six of those were 3 bed, 3.5 baths that averaged $412,595, 2485 sq ft and $166.03/sq ft. Of the other Eight homes/condos that sold in the near north in November, there were 2 Harrison West Condos that averaged $175/sq ft, One Victorian Gate Condo that went for $213/sq ft, A one bedroom in the Dakota for $182,999 ($227/sq ft) Four homes in Italian Village that averaged $150/sq ft 1645 sq ft $246,075 or 97.6% of list 68 days on market & 3 of them had 2 bedrooms Two Neil Avenue Condos at 815 Neil – on the high end as far as finishes go for $192.66/sq ft, one at $237,500 and one at $379,000 And FOUR Victorian Village Homes sold in November averaging $178.41 sq ft 2804 sq ft 181 days on market $500,250 or 94.3% of the last list price 697 Dennison was the only one with a two car garage, it was a 3 bedroom that sold in 11 days for $650,000 and is just under 3000 sq ft. The Picture is the view ... More About: For Sale , North , Update
German Village Homes For Sale / Sold - November Update
2007-12-10 21:45:00 And away we go . . . . 6 Homes sold in German Village, 4 homes sold in Schumacher Place and 5 more in Merion Village. German Village Homes averaged 1337 sq ft, $202/sq ft and $270,066 or 90.7% of list price (not normal) 203 days on market Schumacher Homes sold in November averaged 1375 sq ft $121.24/sq ft $166,700 or 102% of list price (thanks to a bidding war for 469 E Beck St) 131 days on the market Merion Village Homes sold in November averaged 1239 sq ft $92.48/sq ft $114,580 or 96.8% of list 113 days on market The most expensive home in German Village last month was 932 Mohawk which went for $475,000, listed at $500,000, on the market for 174 days. It was a perfectly fine 3 bedroom home and, at 1792 sq ft, went out at $265/sq ft. Share This More About: For Sale , Sale , Update
Olde Towne East Homes for Sale / Sold - November Update
2007-12-10 20:52:00 Do you have your Olde Towne East home for sale? Are you frustrated that they buyers seem to have dried up. Me too. Take a look at this map that details where the 8 homes were that sold last month on the Near East Side. The highlighted area is more or less what I consider the Greater Olde Towne East area for the purposes of this blog, though I often include most of Greater Bronzeville which goes north to Mt Vernon Avenue. Nothing in Olde Towne East proper, Nothing from Broad to Long or up and down Eastwood Ave or Woodland Park and one home in the Franklin Park area, nothing on Bryden Road or from Bryden to Main streets. The home in the Franklin Park area had 3 bedrooms and over 1600 sq ft. It was a bank short sale for a crazy $67,000 — even if it does back up to the RR tracks. The good news is that there are 213 active listings between Downtown Columbus and Bexley, 670 and I-70. Come pick yours while the picking is good. Share This More About: For Sale , Sale , Update , Homes
Clintonville homes for Sale/Sold - November
2007-12-10 20:35:00 There are 175 active single family listings in Clintonville /the 43214 zip code. There are also 22 condos listed at the moment. A review and update of November Clintonville home sales reveals that 20 single family homes sold last month. OF those 20 Clintonville Homes that were for sale and sold last month, they averaged: 1325 sq ft Sold for $139.02/sq ft were on the market for about 93 days sold for $184,187 or around 96.5% of list price The least expensive Clintonville/43214 home to sell last month was 585 Chatham which sold for $107,500. This home was on the market two weeks. I looked at it with some clients and it was, as advertised, about 1/2 rehabbed. It still had a long way to go though and the floor plan wasn’t very good and the back yard was very small. The most expensive home that sold Clintonville in November was 4857 Rustic Bridge in Olde Beechwold. This is a 4 bedroom 2.5 bath 2 story with around 2300 sq ft that sold for $440,00... More About: For Sale , Sale
Downtown Columbus Condos for sale/sold - November
2007-12-10 20:12:00 A market update for November reveals that 6 (Six) condos sold downtown last month. The Average Sale Price / SqFt was $196.95. They averaged $1,012 sq ft each were on the market for 392 days (though that is highly skewed by the lofts at 106 technically on the market for 1218 days)— Otherwise, 227 days on market was the average. sold for $199,314 or 96% of list price. Again in November, the downtown Columbus Condo market was spread out from Terraces, to City View at 3rd to the Buggyworks. The Buggyworks loft was a resale, once featured in Columbus Monthly, on the market for 6 months and sold for 92% of its original list price at $246,000 for the 774 sq ft one bedroom. One of those condos was an office-condo on Mound Street, a 900 sq ft bay and one of several contiguous models ready to finish as you like. They’re zoned residential, retail or live-work, making them a very unique item. This unit sold for $164,000 after being listed just under $200,000 for ... More About: For Sale , Downtown , Sold
Mortgage Bail Out?
2007-12-05 22:14:00 Today, it was reported that a coalition of lenders, loan servicers and investors have reportedly agreed to a plan that would freeze interest rates on some subprime mortgage loans for five years. Borrowers with loans made between Jan. 1, 2005, through July 30 of this year who face interest rate resets between Jan. 1, 2008, and July 31, 2010, ... More About: Finance , Mortgage , Mort
Ahh, the first snow
2007-12-05 22:11:00 Ohio may be a somtimes red state, but this morning, it was all white. Share This More About: Snow
It?s not too late to Purchase a Home for the Holidays!
2007-12-03 21:18:00 Want to close by the 25th? There’s still time, it could happen. But, we better start looking soon and you better be pre-approved from your favorite lender. Have I mentioned lately what a fantastic time it is to be purchasing a home in Columbus? Low Interest Rates, a heaping helping of homes on the market and ... More About: Holidays , Home , Late , Purchase , The Holidays
Home Tours - Olde Oaks and Olde Towne East
2007-12-03 20:42:00 Yesterday was the Olde Towne East holiday tour of homes. This year’s tour was focused up and down Long Street with Home s North of Broad. It was a dismal day for a home tour, but people were enjoying themselves as they toured the historic Columbus Homes on tour. This coming weekend is the Olde Oaks Holiday ... More About: Tours , Olde Towne East
Olde Towne East?s Street Car Barn to rise Again
2007-12-01 03:30:00 The Columbus Compact is currently in contract to purchase the 3.2 acres at the NorthEast corner of Oak and Kelton known as the Street Car Barn . The property was once used to store, turn around and maintain Columbus’ original Street Cars. Get great free widgets at <a href=”http://www.widgetbox.com̶ 1;>Widgetbox</a>! Built in the 1880s, the five or so ... More About: Olde Towne East , Rise
The Lincoln Theater is Really getting some work done
2007-11-30 21:19:00 While not a whole lot seems to be going on inside the theater, there is a whole lot going on outside. Today there must have been 6 giant city trucks all around the perimeter and up and down Long Street and the alley behind. I think the city is mostly still working on infrastructure issues. ... More About: Lincoln , Theater , Work , Olde Towne East , Thea
Goodbye Macy?s, Hello . . . ?
2007-11-30 20:47:00 It’s the last hurrah for Macy ’s Downtown. No Lazarus, no Marshall Fields, no Jacobsens, no major department store anywhere near downtown. We went the last few days of clearance sales and there was very little of any itnerest left. Deals could be had on rugs and runners and I could have used a 16 foot ... More About: Goodbye
No Picture of the Kitchen?? It must be antiquated
2007-11-30 18:23:00 I was looking, as I do most every day, at which listings had just come on the market in different Columbus Neighborhoods. In looking at an Upper Arlington property that just came on the market for $1.7+MM, I noticed that there was no picture of the kitchen. It’s a good looking home on the outside, 4–5,000 sq feet and, like all too many Upper Arlington homes for sale, looked like it hadn’t been updated in years — old drapes, wallpaper, etc. Any kitchen has at least one good photo in it. People buy homes because of kitchens. We all spend a considerable amount of time in our kitchens and if we’re buying a home, we want to see the kitchen. Even if it is old and shabby, what is the space like, what is the view, is there room to eat in the kitchen, does it have an island, a pantry, decent lighting, is it open to another room?? Nearly every buyer I have ever worked with wholeheartedly believes that no picture of the kitchen... More About: Kitchen , Picture , Quat
I don’t want to sell The Most homes
2007-11-30 17:56:00 I don’t want to sell the most Homes in Columbus. I don’t want to work with rude, harsh people. I don’t want to work outside of Franklin County. I want to sell great homes to great people and great families. I want to be a trusted advisor through the home buying or selling process. I don’t want to guide you through the ins and outs of purchasing just one home, I want to be your resource (and your friends and families) for all things Real Estate in the City of Columbus. For Life. It’s more important that I’m the most at what I do than it is to do the most. I’m educated, informed and ready to help any way I can. It’s just one of those days when I realize how happy I am in this job, how good I am at doing this job, and how glad I am that I answer only to my clients. November is Realtor Designation month. True, I’ve said many times that designations mean v... More About: Sell
The Bexley Real Estate Market has been Quiet
2007-11-29 20:13:00 This month there has not been too much happening in our neck of the woods. I was excited to see 8 homes on the Bexley, Berwick, Eastmoor realtor Association tour this morning until I realized I had seen all but two of them already — and those weren’t really worth seeing anyway. So far this November, ... More About: Estate , Real Estate , Real Estate Market , Market , Real
Had About Enough of the Mortgage Crisis Talk?
2007-11-27 21:50:00 Me too. Remember, despite the doom and gloom you read and hear everywhere, All Real Estate is Local. Locally, things aren’t so bad. Especially in my wheelhouse – Columbus and suburbs inside the outerbelt. There are all kinds and degrees of Housing Market Problems out there but this caught my eye and made me think about how the country isn’t really on the Highway to Hell. Forbes Magazine, aka Forbes.com, published a piece about the top ten best and worst housing market cities. Between Number 10 of the Best Housing Market City, Portland Oregon (+5.2% over the previous year,) and the Number 10 Worst Housing Market City, Jacksonville Florida (-3.5% over the previous year,) there is a whopping 8.7% difference. That means that the entire rest of the country falls somewhere in the middle. Is this really worth all the ink, headlines and hand-wringing? Maybe if you’re Countrywide. Remember, many of these failed mort... More About: Mortgage , Talk , Crisis , Cris , Mort
26 Plus Acres Zoned Residential in Plain City, Ohio
2007-11-27 21:17:00 New Listing. offered at $1,065,000 West of Plain City , in Southern Union County sits 24 + residentially zoned acres and a wonderful Detweiler built 3 bedroom, 3 bath brick home. Super Opportunity to own 25+ acres on the edge of Plain City. Zoned Residential , the sky is the limit for potential uses here. New-Build Condo Development? More Information Here Share This More About: Ohio , Acres
Do Not Enter - One Way - The Sign Says One Way
2007-11-26 19:37:00 I live on a One-Way street between two very busy urban streets. I like living on a way one street. In theory, I don’t have to worry about cars pulling out of my street when I pull in and I only have to look one way when I’m crossing the street. In this picture, you can see the Do Not Enter and One-Way sign at the end of my street. There is one just like it on the other side of the street. Even more are at the alley. Despite this, I guarantee you 5 cars a day or more go down my street the WRONG way. If I’m sitting in my den, at my computer, out of the corner of my eye I notice cars go down the street. I’m ultra sensitive to cars going the wrong way but it seems at least one will go by the wrong way in any given computer session. At least once a week while I am getting out of my car and going in to my house, I’ll see a car at least turn down the street, if not try to make it to the end. It’s really mind bogg... More About: Sign
2,275 Reasons to buy a Columbus home in December (or) All I want for Christ
2007-11-23 20:24:00 December in Columbus is often considered a horrible home buying month. Nobody buys homes in December, right? Too cold, too many holidays, parties, cookies to eat, etc. Last December, 546 properties sold in December in Columbus, Bexley, Grandview and Worthington. Throw in rest of Franklin County and that number almost doubles. These are just single family homes inside ... More About: Home , Christ , Reasons , December
Public Art AND Function? In Bexley?
2007-11-20 22:16:00 I talk to a lot of people about topics like urbanism and making neighborhoods social, walkable and sustainable. Usually, when I have these conversations I’m talking about Downtown Columbus and the neighborhoods that surround downtown. Each day, each week, I am in and out of many homes in Bexley . I love Bexley and I love helping people ... More About: Public , Function
THE GAME
2007-11-16 21:22:00 is Tomorrow so today is sort of like Christmas Eve with people knocking off early. If you’re not familiar with Columbus yet, you should know that, for better or worse (and many would say worse who would like to see this city move forward) Buckeye sports approach an almost religious fervor. While Illinois certainly took the ... More About: Game , The Game , The G
Taking Your Home off the Market for the Holidays? That?s Great! If you don?
2007-11-15 22:43:00 Your home is on the market. It’s been on the market for 110 days. You’ve had something like 5 showings. The one agent kind enough to give feedback said his people loved it, it just wasn’t them. So you decide that you want to relax and enjoy the holidays which will be easier if you ... More About: Holidays , Market , Home , Great , Taking
Grandview, Grandview, where for art thou Grandview?
2007-11-13 21:52:00 I love Grandview and I love helping clients buy and sell homes in Grandview and Marble Cliff and those zig zaggy parts of Columbus that most people assume are Grandview. The truth is though, that this entire year I?ve not had one single buyer actively looking in Grandview and I have not one listing ...
Clintonville Real Estate Update - Homes for Sale and Sold - October
2007-11-13 21:10:00 260 Chatham sold for a Probate Court Approved $40,000. 2 beds, 1 bath, 916 sq ft of prime Clintonville Location for $43.67/sq ft. OK, it needs work but you’ve gotta love it. From Weber to Morse in Clintonville proper, 33 homes sold in October. Excluding 260 Chatham, They averaged: $138.29 square feet 1,475 square feet 89 days on the market ... More About: For Sale , Estate , Real Estate , Sale , Update
Short North Real Estate Update - October Homes for Sale and Sold
2007-11-13 20:53:00 October Short North Sale s? Condos, Condos, and more Condos. So much so, I’ll break it down like this: 801 Hamlet was the most unique and uniquely finished home to sell in October. Between First and Warren, this 1776 sq ft, 3 bed, 2.5 bath rehab sold for $333,000 in Six Days. A 1440 sq ft fixer ... More About: For Sale , Estate , Real Estate
Bexley Real Estate Market Update - October Homes for sale and sold
More articles from this author:2007-11-13 20:10:00 Last month, there were 16 homes sales in Bexley. They averaged $126.01/sq ft 78 days on market 2044 sq ft and 95.3% of the last list price There are 109 active single family homes for sale in Bexley as of today with another 17 in contract. In October, 5 South Bexley homes sold for an average of 58 days on ... More About: For Sale , Estate , Real Estate , Real Estate Market , Market 1, 2, 3, 4, 5, 6, 7 |
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