At Home with Connie Sadowski, Real Estate Expert

  December saw a 5.7% decrease year over year in closed sales as the median sales price rose 7.3% in the latest Central Ohio Housing Report from Columbus REALTORS® As the central Ohio housing market embarks on a new year, we look back at the final month of 2023. In December, there were 1,917 closed sales in the Columbus & Central Ohio Regional MLS, a 5.7 percent decrease over December 2022. The median sale price grew to $295,000, a 7.3 percent increase year-over-year.   In the peak of summer sales, homes in the region were spending about 17-18 days on the market. In December, that number rose to 30 days, the highest number since March.   The total inventory of homes for sale surpassed 3,000, marking a 9.7% rise over last December. Supply sits at 1.4 months, which is a 27.3 percent increase year-over-year. New listings in December were typical for a month that is traditionally sluggish in this category.  There were 1,434 new listings entered into the MLS in December 2023, which was

  If you're in a financially stable position, now might be the perfect time to embark on your homeownership journey. Buying a home today offers several advantages, including the opportunity to build equity and stabilize your housing costs in the face of rising expenses. Explore the reasons why purchasing a home now can be a wise decision in the current market. By purchasing a home today, you can start building equity, which is an investment in your future. Additionally, opting for a fixed-rate mortgage allows you to stabilize your monthly housing costs for the long term, even as other expenses continue to rise. This stability provides peace of mind in an ever-changing financial landscape. While housing costs experienced significant increases in 2021 due to a combination of factors, such as inflation, high demand, and low supply, the market has since moderated. If you decide to buy now, you can expect relatively stable house prices and potentially face less competition from other bu

  Homebuyers in the market who are frustrated by the low inventory are finding what they want in new construction.  Among the obvious advantages are that it is fresh and new, has never been lived in, and can be personalized to an individual's taste and needs. New construction homes can be more expensive upfront, but they can save you money in the long run. These homes are built to the latest building codes, which means they are more energy-efficient and require less maintenance. They also come with warranties that can help protect you from unexpected repairs. New construction homes can be a great option for first-time homebuyers. They offer a blank slate that you can customize to your liking, and they don't have the same wear and tear as older homes. Working with a REALTOR®️can help you navigate the process of buying a new construction home. They can help you find the right builder, negotiate a good price, and make sure that the home is built to your specifications.  One of the

            Who do you know looking to sell, buy, or build real estate? Odds are, you’ve probably given and received lots of referrals in the past. Whether it’s recommending your favorite Girl Scout cookie seller or polling your social network for a plumber, or even asking friends to introduce you to someone who might make a fundraising donation, referrals are a powerful way to connect with the people you know - and who they know in turn.  By the way, do you know anyone who might need real estate advice?  Or who is curious what homes are selling for in their neighborhood? It would be my honor to offer some insight!     2023 IN REVIEW   REAL ESTATE   ARTIFICIAL INTELLIGENCE The best of 2023 from around the web The hidden power of referrals AI: Shaping our future, transforming our world                                REAL ESTATE INDUSTRY UPDATES Existing home sales up 0.8% First time buyers represent 31% of buyers Inventory drops 1.7%     LOCAL UPDATES   CENTRAL OHIO MARKET UPDATE Market

Tips And Tricks You Can Do To Improve Your Home's Value Lеt thе fоllоwing renovation rules, driven bу shifts in thе сurrеnt housing market  аnd informed bу Consumer Reports’ nationally representative survey оf 1,573 millennials, inform уоur decisions оn improving уоur home value in Ohio US.  1: Thе Kitchen Iѕ Still King  Buyers оf аll kinds hаvе lоng focused оn thе kitchen, but it holds раrtiсulаr sway оvеr thе newest wave оf first-time homeowners.  A “modern/updated kitchen” topped thе list оf ideal home features in оur survey оf millennials, registering аѕ mоѕt important tо mоrе thаn a third оf respondents looking to improve home value in Ohio US.   Stainless steel.  Thоugh it hаѕ bееn аrоund fоr decades, thiѕ appliance finish conveys clean, contemporary design, ѕо it will signal “updated” in thе mind оf thе buyer.  Fоr thе latest spin оn stainless, lооk fоr nеw versions оf black stainless steel frоm KitchenAid, LG, аnd Samsung, еасh with a softer, lеѕѕ reflective finish but thе