At Home with Connie Sadowski, Real Estate Expert

By Ashley Fahey – Editor, The National Observer: Real Estate Edition, The Business Journals Restrictions around building new housing is a commonly cited hurdle to affordability in many U.S. markets.   Housing affordability is becoming a bigger issue for U.S. voters, spurring policymakers — especially at the state and local levels — to consider new measures aimed at easing the burden facing both renters and prospective homeowners.   While every city, county or region thinks about housing affordability (and potential solutions) differently, several common policy changes are being pursued, especially to ease restrictions around building new housing. New research from the Mercatus Center at George Mason University in Arlington, Virginia, outlines some of the biggest reforms being adopted across the U.S. today and offers a menu of potential options for policymakers to consider. Emily Hamilton, senior research fellow and director of the Urbanity Project at the Mercatu...

COLUMBUS, Ohio (July 23, 2024)—The central Ohio housing market broke its own record in June, and new listings increased, according to the latest housing statistics for June 2024 provided by Columbus REALTORS®. The median sales price hit a new all-time high. Homes sold for an average of $334,900 in June, a 3.9% increase year over year. To put that jump into perspective, just five years ago, the median sales price in Central Ohio was $181,500. “We are riding this wave of increased home prices this year. The downfall? Sellers will need to have patience as buyers are taking a little longer to make the big financial commitment,” said Columbus REALTORS® President Scott Hrabcak, “Having a dedicated REALTOR® by your side can help make the selling period a lot less stressful.” On average, homes in the Columbus & Central Ohio Regional MLS take just over three weeks to sell. Last year, homes sold in just about 20 days. “Buyers are finally getting more homes to choose from around town,” H...

If you’re in the market to buy a home, there’s some exciting news for you. Many people assume that newly built homes are more expensive than existing ones (houses that have already been lived in), but that’s not always the case. In fact, exploring newly built homes can sometimes lead to more cost-effective options, especially today. Hard to believe, right? But the data doesn’t lie. CAUTION: Do not go it alone, take me, an experienced real estate expert with you to all appointments or you might not have your own agent and may be forced to have no independent representative. Dont register on a builders website....you might not be allowed to bring me to represent you! Here are two key reasons working with your agent to look into new home construction could help you find a more budget-friendly option. Reason 1: Lower Median Prices for Newly Built Homes The median sales price for newly built homes is lower than the median sales price for existing homes today. This might seem surprising, ...

Columbus Business First.  Home prices continue to rise for all kinds of Central Ohio homes, reflected in the biggest home sales this year. The highest-priced home sale in 2023 was $5 million, about half a million dollars more than the most expensive sale last year. Eight of the most expensive home sales in 2023 were in New Albany, which sits in both Franklin and Licking counties. The most expensive home sales in 2022 were also clustered around Licking County, the future home of Intel's new Ohio plant.  By   Bonnie Meibers  – Staff reporter , Columbus Business First  Dec 27, 2023  Updated  Dec 27, 2023 9:48am EST Here are the most expensive homes sales from this year: 212 Park Dr. in the Bexley area sold for $5 million, according to Columbus Realtors data.  Taxes (Yrly):  58,807    Tax Year: 2023 3 Highgrove Farms in New Albany sold for $4.2 million. This home spent only three days on the market.  Taxes (Yrly):  59,295 ...

  Mortgage Payment App Calculate payments  continue  here Cost of Waiting to Buy App I may hold off buying now,  calculate cost  here Rent V Own App  Buying a home can be confusing, calculate the cost of Rent v Own  here Buying Can Be Confusing Get a professional on your side to give you all the information so you can make informed decisions. Get Buyers Guide  here Interest Rate Affects Price Calculate how interest rates affect the monthly payment, calculate  here Why Rent? Can I Buy? Contact Connie, no obligation, let’s find out if you can buy, if not now, I will help you come up with a plan for future purchase! Name Email* SEND This site is protected by reCAPTCHA and the Google  Privacy Policy  and  Terms of Service  apply.