Obetz
REAL ESTATE
Upper Arlington home with castle-like touches hits market for $3 million
An Upper Arlington home with some castle-like touches including turrets and classical sculptures, has come onto the market. The home sits off Henderson Road on Slate Run Woods Court but is nestled on a wooded 3-acre lot that includes a ravine and stream. Built in 1999, the home includes more than $700,000 in recent...
Central Ohio city has ‘hottest ZIP code’ in America, Realtor.com finds
GAHANNA, Ohio (WCMH) – A central Ohio city has been named America’s “hottest ZIP code” by Realtor.com for the second year in a row. Realtor.com looked at the number of buyers searching for homes in ZIP codes across America and the length of time houses stayed on the market, compiling a list of the 50 […]
Here are the top zip codes for home sales, according to Realtor.com
Faced with high prices and mortgage rates, homebuyers are flocking to certain sections of the Midwest and metro-adjacent areas in the Northeast and Midwest in search of the right balance of affordable prices and desirable locales, according to Realtor.com's annual list which ranks the "Hottest Zip Codes" in the U.S.The U.S. housing market is in a deep sales slump, thanks to the double whammy of high borrowing costs and home prices that have priced many homebuyers out of the market. But don't expect properties in these zip codes to sit around for very long, according to Realtor.com. Properties in these zips saw...
Charted: Columbus home listings with pools flood the market
Data: Realtor.com; Chart: Axios VisualsHouses for sale with swimming pools flooded the Columbus market this summer — a feature some installed when COVID-19 lockdowns closed public pools.The big picture: The share of U.S. home listings offering a pool rose from 11.5% in 2017 to 22.8% in the first half of this year, per Realtor.com data shared with Axios.The latest: Typically meant to store water for horses and cattle, stock tank pools are making a splash across the U.S. as backyard pools.This comes at a time when demand for in-ground pools — which cost between $28,000 and $66,500 on average — takes a dive.Between the lines: Higher temperatures could boost the demand for homes with pools, according to Realtor.com economist Jiayi Xu.
Realtor.com® Unveils the 2024 Hottest ZIP Codes in America: Midwest and Northeast ZIPs Dominate this Years List
Gahanna, Ohio takes the hottest ZIP title for the second year in a row, followed by Ballwin, Mo. and Salem, Mass. For the first time since Realtor.com®‘s inaugural Hottest ZIP Codes Report in 2017, one ZIP code, 43230, Gahanna, Ohio, took the No. 1 spot for a second consecutive year. In the 2024 report, released today, we once again see this years’ hottest ZIPs located exclusively in the Midwest and the Northeast, as each of this year's top markets attract buyers who are looking for a combination of value and desirability.
BIA Parade of Homes comes to New Albany
The annual Parade of Homes presented by the Building Industry Association (BIA) returns for two weekends in September. This year’s Parade features some of the most interesting homes in and around central Ohio. The 2024 Parade highlights developers and their newest builds with more than 50 homes, condominiums and multifamily living options.
3 of the top 50 hottest zip codes in the entire country are in Michigan
Three zip codes in Michigan are sizzling hot when it comes to the real estate market. That’s according to Realtor.com’s new list for 2024. Three of the top 50 Hottest Zip Codes in the entire country are in Michigan. The hottest one of them all is 43230, located in the Columbus, Ohio metro area of Gahanna. The median listing price here is $345,000.
Can you get a home equity loan on investment or rental property?
You can get home equity loans on investment and rental properties, though they may be harder to obtain. To get this type of loan, you’ll usually need a stronger-than-average financial profile and substantial assets. A rental or investment property home equity loan could come with tax benefits, depending on...
Charted: Less competition for Midwest homebuyers
Data: John Burns Research & Consulting; Chart: Axios VisualsA shrinking share of Midwest homes are getting multiple offers, per the latest from real estate research group John Burns. Why it matters: Less competition is a good thing for the few buyers still looking. House hunters can take their time and may be able to negotiate with sellers. The big picture: Just a few years ago, homes were getting dozens of over-asking offers.Now the market is quieter as most prospective buyers wait for mortgage rates to come down further. Yes, but: Inventory is still an issue, and agents across the U.S. say well-priced, turnkey homes are going fast.Bottom line: There are some silver linings in this challenging market.
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