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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
Olde Towne East - Homes Sold - October Update
2007-11-13 19:38:00 Now that October is firmly in the books, let’s see what happened in Columbus’ near East Neighborhoods. Again, not a whole lot with the 7 houses that fall within my boundaries selling for an average of $58.42/sq ft. The good news was the $396,500 on Miami. It’s great to see North of Broad numbers like ... More About: Update , Homes , Olde Towne East , Sold
Fishy Flip?
2007-11-13 19:11:00 When I was reviewing what sold last month in the Greater Olde Towne East area, I came across this listing that sold for $217,000. That seemed a little high for the address, so I clicked over the auditor’s page and found this picture for that address. Last month’s Seller paid $24,000 for the property in April ... More About: Flip
The New Columbus Multiple Listing Service
2007-11-09 19:08:00 Beginning in January, the Columbus Board of Realtors will be getting rid of one of the primary search fields for Realtors in the Columbus MLS. Namely, we’ll no longer be able to search by “AREA”. I think this is a great idea since areas have always been relatively arbitrary anyway. The Columbus MLS read Areas as loose geographic boundaries that sometimes changed or split in half anyway. For example, in recent years, the MLS added area 10, downtown Columbus. This area is pretty easily defined, not unlike how Downtown defines itself—the central business district. Area 14, where I live, is also defined by interstates and Rail Road tracks and comprises the greater Old Town East and Bronzeville area. The Columbus MLS now has a very cool mapping tool — seen here. I can now define a custom search by drawing a polygon around what I want the area to be and calling it whatever I want. Before, we could only d... More About: Service , Listing
The Strip of Hip opens to 2-way traffic
2007-11-07 21:39:00 Gay Street and the City of Columbus have wrapped a nearly $8 million project spanning six months that opens Gay Street to two-way traffic. It seems like a long, long time ago, the West side of Gay street was supposed to be involved in that project also. I don’t like that it dead ends at Front Street behind the Police HQ. That needs to be opened and two way also, but I’m guessing in this post 9–11 world, that may take a while. drivers now have east- and west-bound access several additions for pedestrians including — rebuilt traffic signals upgraded infrastructure creating landscaped medians and trees decorative light poles in the corridor new curbs and sidewalks new traffic pattern should make vehicles travel slower revised crosswalks require pedestrians to cross a shorter distance Gay Street and the City of Columbus have wrapped a nearly $8 million project spanning six months that opens Gay Street to two-way t... More About: Traffic , Strip
Was it a ROCKtober for Columbus Area Home Sales?
2007-11-07 21:22:00 October saw 11% more single family homes sales in Columbus than September. Still lots of inventory out there but as of last week, I noticed the entire Columbus MLS had dipped below 20,000 homes for sale for the first time since at least April. In October, In Franklin County: 927 single family homes sold Average sales price of $ 155,853 and 97.4% of list price Average 97 days on market (remember, this can be manipulated) Average home had 1648 sq ft 189 condos also sold in October Average sales price of $ 160,097 and 97.7% of list price Average 142 days on market Average home had 1413 sq ft Today’s Market, at this minute, has 11,113 Active Listings in Franklin County – just waiting for you to buy them. 1,789 homes are in contract and 41 others are in contract, contingent upon a home sale. in October 2006, 1,289 properties sold compared to these 1,116 and those averaged 96 days on market Other must reads: A September to Remember? How di... More About: Sales , Home , Area
Columbus Homes Blog Not on Strike
2007-11-06 19:10:00 Just in case you heard that Hollywood Writers have gone on strike and you’re wondering if your favorite Realtor/Columbus Real Estate writer has joined them in a move of solidarity, no. Keep coming back. add to: More About: Blog , Homes , Strike
What really happened at the Carlyle?s Watch Auction and what does it Mean f
2007-11-02 20:24:00 Eight buyers got pretty good deals on their downtown Columbus Condos. Not much else happened. Those eight got those deals because they were the “no reserve” units, sold to the highest bidder. The other units that have been reported sold were, in fact, not sold. At least not yet. The other 21 condos that were ... More About: Watch , Auction , Downtown , Carlyle , The Car
Hello,
2007-11-01 18:08:00 Hello,Columbus Homes Blog readers, this is Joe Peffer, I am trying a new technology today that I ran across called Jott, to do a blog post via my phone, its November, happy November, hope you had a great Halloween, look for October market updates coming soon. listen Powered by Jott add to:
Can a Medical Resident Find a mortgage?
2007-10-31 21:12:00 Occasionally I will work with a Columbus area Doctor looking for a home in Central Ohio. Often, they are moving here from out of state to work at the Ohio State University Hospital systems, Ohio Health Hospitals or Mount Carmel. It?s not hard for these women and men to find a mortgage that ... More About: Medical , Mortgage , Find , Resident , Mort
Happy Halloween Columbus
2007-10-31 20:39:00 Well, I don?t have a winning story to announce in the first annual Columbus Homes Blog Scary home buying or selling contest. That’s because no one took the time to send in an entry. I quickly racked my brain after realizing I had no grand prize winner and here?s the best I could come ... More About: Happy , Halloween , Allo
Columbus Get Aways - Where to Go - Hocking Hills
2007-10-30 19:50:00 We went to the Hocking Hills area this last weekend. Every year we get the kids, some pumpkins, some gear and head down to Hocking Hills for some great Autumn Fun, usually around the last weekend before Halloween since we now carve our pumpkins while at our Hocking Hills Cabin. This year, we got very ... More About: Columbus
What Neighborhoods Comprise Columbus?
2007-10-30 19:14:00 I have a side project that I?ve been meaning to get to that is a Wiki of Columbus Neighborhoods . You could go crazy trying to decide what makes up a neighborhood and start calling every subdivision a neighborhood, which in a way, they are. I couldn?t find an officially sanctioned list of recognized ...
5.9% Interest Rates on 30 Year Loans and other financing news
2007-10-26 18:26:00 They’re back people. A bad week of economic news often means a good week for Mortgage Interest Rates . I try not to name names here, but I saw 5.9% with no points this week from Third Federal. Also, FHA is still accepting Nehemiah Grants as Down Payment Assistance from the seller through March 31, 2008. There ... More About: News , Finance , Financing , Loans
Rush Creek in Worthington
2007-10-26 18:13:00 I have some buyers moving to town from Cincinnati. The husband will be working at OSU. The Ohio State University, inadvertently, has been good to me this year. I enjoy helping people relocate to Columbus, especially if they’ll be working inside the outer-belt. (No, that’s not a Led Zepplin album.) These buyers want a particular style ... More About: Rush , Cree , Creek , Wort
At Issue - Franklin County’s Aging Population — Issue 14
2007-10-23 16:46:00 Some Facts for you to mull over. Issue 14 in Franklin County is a five-year, 0.9-mill countywide property-tax levy on the Nov. 6 ballot. The bottom cost line is that passage of this issue will cost the owner of a $100,000 home $27.57 per year, up $8.21 from the current levy. It replaces a similar levy that runs out January 1. The new levy, like its three predecessors, would save taxpayers’ money in the long run. Statistics show that the longer older people can live in their own homes or in the homes of friends and family, maintaining as much independence as possible, the less society has to spend on their care. Projected growth of the elder portion of the Franklin County population: People age 60 and older, are expected to increase 65.8 percent between 2000 and 2020, from 138,651 to 230,000. The average number of clients served each month in Life Care Alliance’s Senior’s Options program is 5,100; the levy would cover an increase in clients of abou... More About: Aging , Pula
Peak Fall Colors are Moving into Central Ohio this Weekend!
2007-10-19 21:35:00 I can’t help but notice as I drive around Columbus showing houses how much the color has really popped out the last couple day or so. We’re going to Hocking Hills with some friends next weekend and I think it’ll be just barely past prime there so I’m excited and hoping the weather stays fair. Here ... More About: Ohio , Moving , Colors , Weekend , Central
Is Miranova Dead?
2007-10-19 20:27:00 The last couple days I’ve heard a radio advertisement that advertised Miranova and mentioned that there were a handful of homes available for sale at the moment. It made me wonder how the public would perceive the ad. Would it be thought of as just a reminder of the luxurious high rise condo building that ... More About: Downtown , Dead
Have a House Hunting Horror Story?
2007-10-18 22:23:00 It’s getting to be that time of year. Do You want to buy a house but you’re scared by all the house hunting horror stories your friends have told you? Have a Story or Two yourself to tell? I can take it. Were the Sellers crazy? The buyers nuts? The contract poorly written? Email me your ... More About: House , Horror , A House , Hunting
Could Woodland Meadows Become Bexley Athletic Fields?
2007-10-17 20:01:00 I don’t see the city of Columbus giving away what could be tens of thousands of dollars in property taxes, income taxes and potential retail/light industrial/warehouse space. Also, I don’t know if the Bexley School System could absorb the kind of money it’d take to buy and develop this property strictly for athletics. Maybe a ... More About: Fields , Mead , Athletic
Corner of Haines and Grandview
2007-10-16 22:34:00 It’s great to see Grandview Avenue becoming a little more cosmopolitan. Council approves rezoning for proposed project Grandview Heights City Council voted 4-2 Monday night to approve a rezoning of the corner of Grandview and Hain es avenues to Planned Unit Development. The rezoning was sought by Metropolitan Holdings, which has proposed a four-story mixed use commercial/residential building ... More About: Corner
The Ohio State University is # 1
2007-10-16 22:23:00 No, I’m not just talking about the AP NCAA Division I football standings (but yeah!) I’m talking about the biggest University in the Nation—for the 2nd year in a row. OSU always seems to be in at least the top 5. This is a main reason why the Columbus Housing Market will always be relatively ... More About: Ohio , State , Ohio State University , Ohio State
It?s a Great Time to Buy Columbus Area Real Estate!
2007-10-16 21:56:00 Hopefully, you’ve seen the ads from the Columbus Board of Real tors in the Dispatch or around Columbus somewhere. It’s the only ad campaign that I specifically remember them really going all out on. Aside from the whole inventory is up, interest rates are down discussion, Here are a few local reasons why Now is a ... More About: Estate , Real Estate , Time , Great
Oak Street to Become Columbus Community Reinvestment Area
2007-10-16 21:50:00 I think it’s pretty odd that the city would declare only one street a CRA, but it’s not a bad idea with all the storefronts that exist on Oak. I really believe that the future vibrancy and sustainability of the Olde Towne East area depends, in large part, on the viability of these storefronts being ... More About: Community , Street , Columbus , Area
Money Magazine quotes Me - Short North one of the top 30 spots in the U.S.
2007-10-12 21:36:00 A couple weeks ago I spoke with a Money Magazine Reporter about why Columbus would be a good place to retire and where the best place in Columbus might be to live if one were retiring to Columbus. This week their article came out and they quoted me as saying this about the Short North ... More About: Quotes , Spots
Columbus Real Estate - September Update - German Village
2007-10-11 22:15:00 An even Dozen homes sold in the German Village area in September. 463 Stanley takes home the least expensive German Village area sale in the month of September. Yes, this would be Schumacher Place, one house from S. Washington between Kossuth and Whittier for those keeping track at home. It is an 1128 sq ft ... More About: Estate , Real Estate , Update , Real
Columbus Real Estate September Recap - Downtown Columbus Condos
2007-10-11 21:21:00 Downtown Columbus, unlike many suburbs, doesn’t have the seasonal school year ups and downs in buying. There isn’t as good a reason as there is in, say, Bexley for folks to buy their downtown Columbus condo and settle in just in time for the new school year. Still, only FIVE homes were closed on in September ... More About: Estate , Real Estate , Downtown , Recap , Real
When does Your Downtown Columbus Condo Tax Abatement Begin?
2007-10-11 17:13:00 Surprise, It’s not the day you purchase your Columbus condo. It’s the day the developer gets the certificate of occupancy for the entire project or a block of units in the project. The other day I wondered aloud what will happen when all the tax abatement given for the downtown condos begin to run out. ... More About: Downtown , Condo , Abate , Temen
Is the Downtown Columbus Condo Market a Ticking Timebomb?
2007-10-09 22:21:00 Will the Downtown Columbus Condo minium Market implode in the next 8–10 years? Ironically, I’m talking about tax abatements, one of Downtown Columbus’ Best Residential drawing cards which could also lead to a very messy real estate market as they begin to expire. Think about this. A major attraction to purchasing a home downtown would be the 75 or ... More About: Finance , Mortgage
Columbus Ohio Weather - Will Global Warming Push Home Prices UP?
More articles from this author:2007-10-08 22:12:00 Since we aren’t on Lake Erie, I doubt it. Despite cheap Skybus fares, it will still be quite some time before Columbus, Ohio becomes the vacation mecca of the Midwest. The Columbus, Ohio weather has been pretty wacky lately though. It’s practically mid-October and Columbus is hitting 90 degrees for the third consecutive day, a ... More About: Global Warming , Weather , Home , Global 1, 2, 3, 4, 5, 6, 7 |
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