Thursday, April 22, 2010

Central Ohio March home sales on fire

There were 1,704 central Ohio homes sold during March of 2010. This is 54.1 percent higher than the previous month and 25.3 percent higher than March of 2009. First quarter saw 3,873 homes sell in central Ohio which is 12.5 percent more than home sales during January through March of 2009, according to the Columbus Board of REALTORS®.

There were 4,949 residential homes put on the market last month – a 44.3 percent increase over new listings the previous month and 32.8 percent higher than homes listed in March of 2009.

“The central Ohio housing market is on fire right now,” exclaims Sue Lusk-Gleich, President of the Columbus Board of REALTORS®.

“There’s no question the home buyer tax credits have a lot to do with our market activity. But the significant increase in listings as well as rising sale prices are clear evidence that our local market is regaining its strength.”



For more information and to search for your new home please visit:

www.jeffshomes.us
www.gahannaohiohomes.net
www.newalbanyohiohomes.com
www.westervilleohiohomes.net

Tuesday, April 6, 2010

Home Buyer takes first steps

If you are looking to purchase your first home one of the first steps to take is to get pre-qualified for a loan. This will help you and your realtor learn how much home you can afford. It is a great idea to get pre-qualified before you even start looking for a home.

Here is a brief list of items helpful in the pre-qualification process:

* Have a steady employment history, at least two years with the same employer.

* Consistent or increasing income over the past two years.

* Your credit report should be in good standing with less than two thirty day late payments in the past two years.

* Any bankruptcy on record must be at least two years old with good credit for the two consecutive years.

* Any foreclosure must be at least three years old with good credit for the past three years.

Your mortgage lender will also look at your credit report, earnings, debts, and savings in order to see how much home you really can afford.


For more information and to search for your new home please visit:

www.jeffshomes.us
www.gahannaohiohomes.net
www.newalbanyohiohomes.com
www.westervilleohiohomes.net