At Home with Connie Sadowski, Real Estate Expert

  Central Ohio November Housing Report and 2024 Predictions. In Central Ohio new builds and homes for sale/listings expected to remain low, ensuring 2024 a will continue a Sellers Market. In that light, Rents and Home Sales Prices expected to maintain steady with slower increases than last few years increases—noting interest rates slightly down, however rents and sales prices are not predicted to be  coming down. See National Report from Zillow ,  remember our Ohio Market is not average. Low housing inventory —that is homes for sale and new build inventory  —-will keep home prices rising.  National News  Home values, mortgage costs tick down Year-over-year growth in the Zillow Home Value Index (ZHVI) continues to climb, though that hides more recent home price trends. With mortgage rates still above 7% for prime borrowers in November, ZHVI’s monthly growth rate went more negative than is typical in November.  The typical home in the U.S. is worth $347,415. The typical monthly mortgage

  It could still be costing you more to rent than to own considering renters don't benefit from a home's appreciation and natural amortization of a fixed-rate mortgage.