Columbus Real Estate : Discover Columbus

Discover Columbus

Jun. 24, 2008 - Gas prices

Reading a post on ActiveRain, a real estate network, from two months ago when gas was just $3.48 a gallon....

I wrote it so it is not a big surprise... Gas Prices - " I'm mad as hell...." <--- link won't work... but I am trying to make it work... April 24, 2008 back when gas was merely $3.48... Gas is now over $4.00 on the north side of Columbus (my world.)

Will higher gas prices keep Central Ohioans from moving out to outlying counties?

Does anyonw know why gas is usually less expensive in Hilliard and on the west side of Columbus?

More polls about life in Central Ohio

I'd love to hear from you if you have a comment on the topic of gas prices, urban sprawl in Central Ohio, etc. All comments are moderated so you will not see your comment immediately. Thanks. Copyright 2008 Discover Columbus and Maureen McCabe

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Feb. 28, 2008 - Powell Property Values Going UP?

Zillow says the values in Powell went up in the 4th Quarter of 2008.

Columbus on Zillow's Zindex

Assuming Zillow is talking the Powell Corporation (City of Powell) not the mailing address Powell 43065... from the 2-15-2008 Discover Columbus entry here...

The Red of this spectrum Home Values are Up 9%+ Hot?

Powell + 11.6%
Sunbury + 9.7%

Remember Zillow measures the values of all homes... not just the homes for sale or sold...and Zillow measures all homes (not just condo and single family)

Powell Home Sales for 15 months....

Date 10/06 11/06 12/06 1/07 2/07 3/07 4/07 5/07 6/07 7/07 8/07 9/07 10/07 11/07 12/07

For Sale 201 189 155 166 166 191 210 212 208 212 210 198 199 182 162

Sold 14 14 10 12 12 20 16 20 30 26 18 19 12 7 15

Pended 16 10 10 19 12 18 21 26 23 27 11 15 20 10 13

Months of Inventory based on Closed Sales 14.4 13.5 15.5 13.8 13.8 9.6 13.1 10.6 6.9 8.2 11.7 10.4 16.6 26.0 10.8

Months of Inventory based on Pended Sales 12.6 18.9 15.5 8.7 13.8 10.6 10.0 8.2 9.0 7.9 19.1 13.2 10.0 18.2 12.5

Avg. Active Price 371 364 377 361 355 372 375 384 380 385 379 379 372 369 376

Avg. Sld Price 305 344 373 392 337 283 341 348 348 305 362 298 415 289 392

Avg. Sq. Ft. Price 118 125 127 125 120 117 130 126 120 120 124 119 139 120 116

Sold/List Diff. % 95 97 97 96 97 97 100 98 97 98 95 97 103 95 96

Sold/Orig LP Diff. % 94 93 94 91 94 96 99 96 95 97 92 94 102 93 92

Days on Market 101 127 84 138 139 179 100 141 140 127 135 170 62 106 154

Median Price 288 325 345 356 309 284 307 329 333 294 350 298 427 308 339

*All reports are published Jan. 2008, based on data available at the end of Dec. 2007.
All reports presented are based on data supplied by the Columbus Board of Realtors, Northern Ohio Regional MLS, Centralized Real Estate Information Service, Greater Cincinnati MLS and Dayton Area Board of Realtors or theirs MLSs. Neither the Association nor their MLSs guarantee or are in anyway responsible for its accuracy. Data maintained by the Association or their MLSs may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

Confusing. I hope Zillow's crystal ball is correct and the value of porperties in Powell are increasing.

The Zillow info came from the Zillow call I listened to a few weeks back. The statistics in the table are from TrendGraphix. Real Living HER is the only company in Central Ohio with access to TrendGraphix. The numbers come from the Columbus Board of Realtors MLS.

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Jan. 28, 2008 - Welcome to MaureenMcCabe.com

My website is MaureenMcCabe.com It's just a Real Living website... nothin fancy. On my website are a list of all current Real Living HER open houses. There are 90 plus on the list for this week. Super Bowl Sunday?

Last weekend about 280 open houses were listed on the Real Living website and thus my website. The 280 included my 2 - 4 , Sunday January 27, 2008 Open House in the Village of Minerva Park. Minerva Park is inside 270 on the Northeast side.

While on my way to my open house I picked up a call yesterday that said:

“uh Hi Maureen my name is Jason I’m uh at XXX S. Wall St. with some friends of mine. We were uh taking a look at the… we wanted to go through the open house at the condo here at uh Brewers Gate and uh we’re here, it’s about 1:40 and uh there’s no one here, the door is not uh open uh for the unit. So if you could please give me a call back. We would love to take a look at this unit.

uh the number is 614-XXX-XXX, XXX-XXXX again the name is Jason. Thank you. “

Sent at 1:46 PM

…hmmm downtown at someone's open house but for some reason he thinks I ought to be there. Poor confused Jason. Jason is NOT my client. The listing he is calling on is NOT my listing…

That happens occasionally…

After putting up signs at my open house, opening the door, turning on lights, I tried to find someone via phone to look at the open house list online for the numbers that Jason was obviously oblivious to… no luck finding someone who could look at it online… Before calling Jason back to try to help him I worked with the first couple who I arrived at my open house…

Then I returned Jason’s call and tried to tell him he’d contacted the wrong person... Jason on the phone was not as uh polite… as his voicemail.

Jason never waivered in his belief that I was supposed to be in the Brewery District, so he and his friends could get into that condo. He was reading “presented by” on my website so I ought to be there… at that open house...

I got the impression Jason was looking at my website on mobile device… maybe it was not there in the way he was looking at it. He was on my website, and he is welcome to be on my website, but all 280 plus Real Living HER open houses Sunday were "presented by" me on my website. Go to another Real Living HER agent's website and all 280+ open houses will be presented by that agent....

If Jasone needed to contact someone about the listing agent was right below my name:

Property listing courtesy of: Real Living HER (Metro Office)
Office: 614-221-7400
Fax: 614-220-4350

Listing Agent Name
Direct: (614) XXX-XXXX
Fax: (614)XXX-XXXX

Jason said no there was no contact info there. No link to click to the open house. OK. (?)

There is a link to the open house list which would also have the contact info for the listing agent and whomever is hosting the Open House. If you click on the open house link it will take you to a list of open houses with WHO the listing agent is and WHO is hosting the open house with all the contact info you need, to contact someone who… uh cares.

I'd love to hear from you if you have a comment on the topic of looking at listings online or open houses. All comments are moderated so you will not see your comment immediately. Thanks.

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Jan. 27, 2008 - Beware of falling home prices?

You'd think listening to the media nationally that prices of homes across the US are falling just like the prices at Wal Mart...

Sometimes the local media picks up a national story and runs with it... the sky is falling, home prices are plummeting... other times local media reflects the true picture of the market in Central Ohio..

No prices are not falling in Central Ohio. Risk of falling prices is low locally... we rate right DOWN there at the bottom of the list nationally! Harley Rouda Jr. the CEO of Real Living forwarded us the latest PMI report yesterday.... he wrote:

"In many markets, the media hype predicting home price declines is just not based on the facts. "

The PMI Report - 3rd Quarter 2007 a PDF asks "What's a Normal Housing Market?"

See Page 7 of the report issued about the 3rd quarter 2007 for what cities have a high risk of housing prices falling.

Page 11 of the PDF is my other favorite page of the report. The map... California is red. Some markets in Florida are red... red is high risk...

1. Fort Worth - Arlington TX (bottom of the list of 381 markets in the US)
2. Dallas, Plano, Irving TX
3. Pittsburgh PA
4. Houston, Sugarland-Baytown TX
5. San Antonio TX
6. Indianapolis - Carmel IN
7. Cincinnati - Middletown OH, KY, IN
8. Columbus OH
9. Austin Roundrock TX
10. Kansas City MO KS

I've written about Columbus place on the PMI list before... Columbus and the usual suspects are not new to the bottom of PMI's list.

Previous entries about the PMI list:

PMI - Fall 2007

PMI - Fall 2006

I'd love to hear from you if you have a comment on the topic of the PMI report and home prices. All comments are moderated so you will not see your comment immediately. Thanks.

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Jul. 31, 2006 - Central Ohio's Best Open House List

Open House List

Central Ohio's Best Open House list

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Discover Columbus is a site about Columbus Ohio. Originally named "Columbus Best Blog," it was never the best blog in Columbus Ohio. It was a blog about the best in Columbus and Central Ohio! Best restaurants, best real estate company, best schools, best neighborhoods..... written by Maureen McCabe a licensed real estate agent with Columbus Ohio's best real estate company, Real Living HER. Discover Columbus is just a site about Central Ohio.