Keeping abreast of market conditions, and relevant developments in Real Estate is a key role we play at Forman Realtors. Bookmark this Real Estate News section and enjoy the benefits of our Firm's insights and analysis of breaking real estate developments.

Columbus home market continues to improve 169
3/3/2010 - Feb. 22, 2010) January, a traditionally sluggish time for home sales, saw a nearly seven percent increase in home sales in central Ohio with 1,025 homes sold last month compared to 959 in January of 2009. This makes the fifth straight month where sales have increased over the previous year, according to the Columbus Board of REALTORS®.
columbusrealtors.com/NewsDetail.aspx?ID=288

2009 ends with a bang for Columbus home sales 168
1/25/2010 - Indicators foreshadow a stronger market in 2010 Home sales in the last four months of 2009 were up 24.3 percent over the same time in 2008, according to the Columbus Board of REALTORS®. In the month of December alone, 1,464 homes were sold, 150 more than the year before.
columbusrealtors.com/NewsDetail.aspx?ID=274

November home sales highest in four years 167
12/22/2009 - Renewable market optimistic as prices continue to stabilize The month of November saw home sales soar 59.5 percent from this time last year with 1,839 listings purchased. Not since 2005 have November numbers been so high. “Historically low interest rates and the tax credits for homebuyers put first time buyers in an ideal position to take advantage of the market,” said Gary Parsons, President of the Columbus Board of REALTORS®. “And with the expansion of the tax credit, we expect to see more renewable buyers enter the market in 2010.”
columbusrealtors.com/NewsDetail.aspx?ID=262

Extension of homebuyer tax credits now law 165
11/23/2009 - President Obama signed a measure today that includes an extension of the $8000 first homebuyer tax credit that was set to expire at the end of November. In addition, the bill creates a $6500 tax credit for homeowners who purchase a new residence. The $8000 tax credit is open to new homebuyers through April of 2010. To be eligible, first time homebuyers must have an income of not more than $125,000 for individuals and must be acquiring a home for $800,000 or less. The IRS will have increased ability to recognize and stop fraudulent use of the tax credit.
columbusrealtors.com/NewsDetail.aspx?ID=245

October home sales highest since the housing boom 166
11/23/2009 - Demand rises and inventory declines as market nears stabilization Home sales in the month of Oct. were up 25.6 percent from this time last year. The 2,021 sales last month represents the highest number of listings sold in the month of October since the housing boom in 2006. “At a time when sales traditionally start to taper off, central Ohio home sales are increasing,” said Gary Parsons, President of the Columbus Board of REALTORS®. “We know the first time home buyer tax credit has had an impact. But, the fact that we have a solid inventory of homes available at very affordable prices and interest rates are still at record lows has also strengthened our housing market.”
columbusrealtors.com/NewsDetail.aspx?ID=254





 
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