When you’re trying to buy a home, you’ll spend a lot of time with your real estate agent. From touring houses to navigating bidding wars, you’ll get to know each other pretty well. 

While it’s good to be friendly and honest with your agent, there are still a few things you should keep to yourself if you want a successful home search. Even if you’re already close with your agent, show them respect by observing a few simple boundaries. Here are six things you should never say to your real estate agent.

“The highest I could possibly offer is…”

If you tell your agent, “My highest possible offer is $700,000,” they may start showing you homes at the higher end of that range even if you don’t want to spend that much. As a result, you may feel pressured to buy a house that’s out of your comfort zone price-wise. In addition, you’ll need to keep at least $5,000 on hand for emergency repairs after you move in, so avoid maxing out your budget just to get into the home.

“Can you show me how to sell my home by myself?”

Don’t expect an agent to educate you about selling if you don’t intend to hire them. On top of their licensure, agents have years or even decades of experience and insight into home selling. They can’t transfer all of that knowledge to you in an afternoon, and it’s unfair to ask that of them. 

“I’m working with a couple of different agents.”

Your agent doesn’t get paid until you’ve purchased a home with them. They put time and effort into finding suitable homes, liaising with sellers, educating you, and more. This labor often comes at the expense of their personal time, including weekends and evenings. Stay loyal to one agent.

“I don’t know anything about the market in this area.”

Buying a home is one of the most significant decisions you’ll ever make, so don’t rely solely on your agent to decide where to move, what to purchase, and how much to spend. 

You could end up in a home you don’t love if you’re unprepared to advocate for yourself in your search. There are plenty of places online to research different neighborhoods and real estate markets.

“What’s the crime rate in this neighborhood?”

The Fair Housing Act prohibits agents from disclosing crime rates in your potential new neighborhood. Because discussions about crime can lead to racial discrimination, most agents won’t answer this question. However, if you’re curious about safety, crime statistics are publicly available.

“Real-a-tor”

We’ve all heard it, and most of us have said it. “Real-a-tor.” Believe it or not, there’s no “a” in the middle of the word Realtor. It’s also a registered trademark, and to become a Realtor, agents must become registered members of the National Association of Realtors.

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If there is a home that you would like more information about, if you are considering selling a property, or if you have questions about the housing market in your neighborhood, please reach out. We’re here to help.

41% of agents say cash offers are the most effective strategy in a multiple offer situation, but don’t underestimate the power of pizza.

The things some buyers will do to win a home in a multiple offer situation is crazy, and many times downright risky, such as waiving contingencies, offering 30% over listings… the list goes on. Real estate agents throughout the past six months submitted nearly four offers per client on average before one was accepted, with 13% saying it took on average six or more.

The good news is home shoppers are still finding homes to buy, despite intense competition and multiple offers, with the help of their real estate agents. A new survey by Zillow breaks down the strategies that are working in today’s market to score a home – and what buyers should be prepared for. 

Sweetening the offer 
Agents are using a variety of tactics to help their clients’ offers stand out. At least half of listing agents surveyed encountered an all cash offer, an escalation clause, submission before the offer review date, a higher down payment or more earnest money when reviewing offers.

Out of these strategies, one of the most effective to win a deal is an all-cash offer. About four in five agents (77%) sometimes submitted all-cash offers on behalf of their clients, and 41% of listing agents said an all-cash offer was the most effective strategy in their recent transactions, especially when multiple offers are submitted.

However, cash offers are not feasible for most buyers in the market, and agents use an assortment of strategies to win offers. About 21% of buyers’ agents offered a higher down payment or more earnest money to get their client’s offer to stand out, and about one-quarter always submitted before the review date. More unconventional strategies that agents are using include offering leaseback, throwing a pizza party, and sending flowers to the sellers.

The role of real estate technology
With the market moving so fast, the best and easiest way to get a speed advantage is to get tech savvy. Agents say 31% of clients always or usually tour a home virtually before visiting in person. 

“Being able to tour a home virtually is a big timesaver for buyers,” says Josephine Sabatino, broker manager at RE/MAX Edge in New York City. “3D tours provide buyers a clear, detailed view of the home and they can decide if it’s right for them. This saves buyers from going to see a bunch of homes that just don’t work, and help narrow down their choices early.”

Risky offer strategies 
Waiving contingencies is common in an ultra-competitive market, and can be frustrating to home shoppers who lose bids to buyers using this strategy. In their last three to five transactions, at least half of the listing agents surveyed encountered waived inspections or financing in multiple offer situations. However, waiving contingencies can pose a huge risk to buyers in the short and long run. 

  • Waiving an inspection puts buyers at risk of unknown structural, mechanical or safety defects which can be incredibly costly to the buyer. 
  • If a buyer waives financing and their loan is not approved or the home doesn’t appraise at the offer price, it’s the buyer’s responsibility to make up the difference in cash or walk away from their earnest money deposit – both potentially costly consequences. 
  • So-called “love letters,” intended to tug on a seller’s heartstrings, can put buyers and agents at risk of fair housing violations. These letters can include personal demographic information about the buyer, unlawfully swaying a seller’s decision, which can violate the Fair Housing Act. This is also not a successful strategy for buyers — according to the agents surveyed, love letters are the least important factor for sellers in the current market. 

Agents are the key to winning the deal
The residential real estate market is not expected to slow down anytime soon, and that is why it’s imperative for buyers to find a knowledgeable and trusted agent to guide them through the stressful and daunting process of purchasing a home. 

Sabatino’s overall advice for today’s buyers? “Buyers need to remember the why and the priorities that have to come first. Don’t worry about the set up that is already in the house. Bring in a friend with vision, and you could end up utilizing spaces for things you never thought possible!”

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If there is a home that you would like more information about, if you are considering selling a property, or if you have questions about the housing market in your neighborhood, please reach out. We’re here to help.

Summer is open! As COVID-19 health mandates begin to lift, friends and families are jumping at the chance to take a summer trip. Big city vacations and beach getaways are always fun, but did you know there are some awesome places in Ohio that won’t burn a hole in your wallet? Here’s a list of our top budget-friendly Ohio vacation spots that will give you the relaxation you deserve: 

Hocking Hills State Park

Did you know that Hocking Hills is home to over 25 miles of hiking trails, cliffs, waterfalls, and caves? You can book a quaint cabin in the woods for you and your significant other or a big log home for your entire family. Enjoy excursions like canoeing, horseback riding, ziplining, boating, rock climbing, and so many more outdoor activities. 

Yellow Springs

Home to comedian Dave Chappell, Yellow Springs is a small town packed with big adventure. You can enjoy your day at Young’s Jersey Dairy Farm playing put-put, feeding animals, and enjoying fresh ice cream; explore Glen Helen Nature Preserve and Clifton Gorge State Nature Preserve; or discover what the town has to offer with their local boutiques and health food restaurants and shops. 

Amish Country

How cool is it that Ohio has its own Amish Country? Nestled in Holmes County, Berlin is a must for all things Amish. Spend your day shopping for hand-made furniture, gifts, and foods, enjoy a horse and buggy ride, and dine at any of the delicious restaurants Berlin has to offer. The town also boasts an RV and campground that’s just two miles away from the downtown area. This park offers free Wi-Fi, an herb garden where guests can pick their own herbs and a new pavilion. 

Ohio’s Zoos

Ohio is home to five zoos located in Columbus, Cleveland, Akron, Cincinnati, and Toledo. There are also two safari-like parks in in Cumberland and Port Clinton. With their own unique attractions and animals, visiting any of these amazing zoos or parks is a fun trip that won’t break the bank! 

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Buyers may catch a break from the red-hot housing market soon, according to Realtor.com’s Weekly Housing Trends report released Thursday.

New listings fell 3 percent for the week ending July 3. But with year-over-year increases during 12 of the last 15 weeks, the analysis concluded that the dip was a direct result of the 4th of July holiday.

“While the holiday led to a dip in new listings, growth should bounce back in the weeks ahead as record-high prices continue attracting more homeowners to the market. Combined with recent improvements in the overall trend of inventory and the pace of home sales, the market is showing some early signs of relief from this year’s frenzy,” realtor.com Chief Economist Danielle Hale said. 

New listing growth over the past few months has helped slow price growth, giving buyers some room to breathe. And while the number of total active listings was down 39 percent year over year, the decline is shrinking. In fact, according to the analysis,  it marked the 13th consecutive week that saw smaller year-over-year declines.

The typical time a home sits on the market is also showing early signs of relief. According to the analysis, time on the market was 23 days faster for the week ending on July 3 compared to the same time last year. While homes are still flying off the shelves, it marked the third consecutive week the year-over-year gap shrunk. 

The shrinking gap hints at a market behaving in accordance with the season. During a typical year, as the fall months approach, the average time a home sits on the market gets longer. If 2021 sees normal seasonality, the analysis predicts that the gap will continue to get smaller.  

Redfin report from earlier this month backs realtor.com’s prediction and found that since the summer began, the fast-paced market has been slowing with dips in pending sales and online searches. 

According to the July 2 report, Google Trends found that online searches for “Real Estate” fell below 2019 levels for the first time this year, and the number of mortgage purchase applications for the week ending on June 25 fell to the lowest level since May 2020.

But even with these early signs of potential relief, the housing market is still competitive and prices are still high. Per the realtor.com analysis, median listing prices saw a 10.1 percent year-over-year increase, marking the 47th week of consecutive double-digit growth. 

“I still wouldn’t call the market buyer-friendly – as it continues to demand quick decisions and top dollar – but it’s finally inching in that direction. If the shift towards more typical seasonality continues, we could see the usual fall break in prices return this year,” Hale said.

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If there is a home that you would like more information about, if you are considering selling a property, or if you have questions about the housing market in your neighborhood, please reach out. We’re here to help.

In a sellers’ market, some homeowners might be tempted to try to sell their house on their own (known as For Sale By Owner, or FSBO) instead of working with a trusted real estate professional. When the inventory of homes for sale is as low as it is today, buyers are eager to snatch up virtually any house that comes to market. This makes it even more tempting to FSBO. As a result, some sellers think selling their house will be a breeze and see today’s market as an opportunity to FSBO. Let’s unpack why that’s a big mistake and may actually cost you more in the long run.

According to the Profile of Home Buyers and Sellers published by the National Association of Realtors (NAR), 41% of homeowners who tried to sell their house as a FSBO did so to avoid paying a commission or fee. In reality, even in a sellers’ market, selling on your own likely means you’ll net a lower profit than when you sell with the help of an agent.

The NAR report explains:

FSBOs typically sell for less than the selling price of other homes; FSBO homes sold at a median of $217,900 in 2020 (up from $200,000 in 2019), and still far lower than the median selling price of all homes at $242,300. Agent-assisted homes sold for a median of $295,000…Sellers who began as a FSBO, then ended up working with an agent, received 98 percent of the asking price, but had to reduce their price the most before arriving at a final listing price.”

That’s a lot of money to risk losing when you FSBO – far more than what you’d save on commission or other fees. Despite the advantages sellers have in today’s market, it’s still crucial to have the support of an expert to guide you through the process. Real estate professionals are trained negotiators with a ton of housing market insights that average homeowners may never have. An agent’s expertise can alleviate much of the stress of selling your house and help you close the best possible deal when you do.

Bottom Line

If you’re ready to sell your house this year and you’re considering doing so on your own, be sure to think through that decision carefully. Odds are, you stand to gain the most by working with a knowledgeable and experienced real estate agent. Contact a local professional to learn more about how a trusted advisor can help you, especially in today’s market.

Keep reading

If there is a home that you would like more information about, if you are considering selling a property, or if you have questions about the housing market in your neighborhood, please reach out. We’re here to help.

After a year of canceled parades and virtual events, many cities in central Ohio plan to bring their Fourth of July celebrations back with a bang.

While the largest fireworks show in the state will be missing — Red, White and Boom in Columbus may be rescheduled for late summer or the fall, officials say — there are plenty of others where locals can show their spirit.

Here are some events to attend over the long holiday weekend. All are scheduled for July 4 and are free unless otherwise stated.

Delaware County

  • Delaware: Parade, 3 p.m., begins at Delaware County Fairgrounds main gate, east on Pennsylvania. to Sandusky to Wilmer to Henry; Central Ohio Symphony concert, 7:30 p.m., Ohio Wesleyan University Phillips Glen, free lawn seating or $10 reserved chairs; fireworks, 10 p.m., viewing on Henry and Sandusky and Ohio Wesleyan athletic practice fields
  • Sunbury: July 3, farmers market and food trucks, 8 a.m.-2 p.m., Sunbury Square, $5; parade, 10 a.m., begins and ends at Big Walnut High School, food trucks and bounce houses, 7 p.m., with fireworks at dusk

Fairfield County

  • Lancaster: July 5, parade, 10 a.m., begins at Fairfield County fairgrounds; craft show, 2 p.m., underneath fairgrounds grandstands; live music, 8 p.m., fairgrounds main stage with fireworks at 10 p.m.
  • Pickerington: July 2, fireworks, 10 p.m., launched at Pickerington High School Central; July 3, 10 a.m., parade, begins at high school, north on Lockville to Columbus to Hill and ends at Pickerington Ridgeview Junior High School

Franklin County

  • Bexley: John Barr 5K, 8 a.m., Jeffrey Mansion, presale tickets $30, $35 day of; parade, 9:30 a.m., begins at Maryland and North Cassingham, east on Maryland to Roosevelt to Astor to Euclaire to Main to Dawson to Fair and ends at Cassingham; community celebration, 6-11 p.m. with fireworks at end, Capital University, registration required at bexley.org/fourth.
  • Columbus: Doo Dah Parade, 1 p.m., begins at Buttles and Park, west on Buttles to Dennison to Collins to Neil to Second to High and ends at Russell; live music, 11 a.m.-7 p.m., Goodale Park gazebo
  • Dublin: July 3, Sherm Sheldon Fishing Derby, 8 a.m., Avery Pond; parade, 11 a.m., begins at Metro Place North and Frantz and goes to State Route 161 to High to John Wright Lane; live music and entertainment, 4 p.m., Dublin Coffman High School Stadium, presale tickets $5, leftover tickets $10 day of online; lawn seating outside stadium does not require a ticket; fireworks, 9:50 p.m., high school
  • Gahanna: July 3, festivities and food, 5 p.m., with fireworks at 10 p.,m.; Gahanna Municipal Golf Course, registration required; July 4, parade, 1 p.m., begins at Clark Hall, west on Granville and concludes at Royal Plaza
  • Grove City: July 2, fireworks, 9:50 p.m., viewing at Grove City High School, Grove City Church of the Nazarene, Windsor Park, Hayes Intermediate School and J.C. Sommer Elementary School
  • Groveport: July 3, parade, 11 a.m., begins at Groveport Recreation Center, west on Main to Hendron and ends at Glendening Elementary School; live music, 7:30 p.m. concluding with fireworks set off from Heritage Park at dusk
  • Hilliard: July 3, parade, 9 a.m., begins at Franklin County Fairgrounds to Main to Norwich to Cemetery and ends at Hilliard United Methodist Church; Freedom Fest, 3 p.m., Roger Reynolds Municipal Park; fireworks at dusk at park 
  • New Albany: July 3, parade, 11 a.m., begins at New Albany Primary School, south on High to East Dublin-Granville and ends at Church of the Resurrection; festival with live entertainment, 6 p.m., New Albany Middle School; fireworks at dusk at middle school
  • Reynoldsburg: July 2, live entertainment and food trucks, 6:30 p.m. with fireworks at 9:45 p.m., Civic Park; July 3, parade, 10 a.m., begins at Rosehill and Main, east on Main to Lancaster and ends at Huber Park
  • Upper Arlington: Parade, 9 a.m., begins at Northwest Boulevard and Zollinger Road; Party in the Park, 5:30 p.m., Northam Park; 10 p.m., fireworks show at park
  • Westerville: July 3, 5K, 8 a.m., Westerville Sports Complex; live music, food trucks and activities, 5-10 p.m., Westerville Sports Complex, concludes with fireworks with viewing area at sports complex
  • Whitehall: July 2, picnic, 8 p.m., Whitehall-Yearling High School, tickets required; fireworks at dusk, John Bishop Park; July 3, parade, 10 a.m., begins at Yearling and Broad, south to Etna and ends at John Bishop Park
  • Worthington: fireworks, 10 p.m., viewing at Thomas Worthington High School

Delaware County

  • Delaware: Parade, 3 p.m., begins at Delaware County Fairgrounds main gate, east on Pennsylvania. to Sandusky to Wilmer to Henry; Central Ohio Symphony concert, 7:30 p.m., Ohio Wesleyan University Phillips Glen, free lawn seating or $10 reserved chairs; fireworks, 10 p.m., viewing on Henry and Sandusky and Ohio Wesleyan athletic practice fields
  • Sunbury: July 3, farmers market and food trucks, 8 a.m.-2 p.m., Sunbury Square, $5; parade, 10 a.m., begins and ends at Big Walnut High School, food trucks and bounce houses, 7 p.m., with fireworks at dusk

Fairfield County

  • Lancaster: July 5, parade, 10 a.m., begins at Fairfield County fairgrounds; craft show, 2 p.m., underneath fairgrounds grandstands; live music, 8 p.m., fairgrounds main stage with fireworks at 10 p.m.
  • Pickerington: July 2, fireworks, 10 p.m., launched at Pickerington High School Central; July 3, 10 a.m., parade, begins at high school, north on Lockville to Columbus to Hill and ends at Pickerington Ridgeview Junior High School

Franklin County

  • Bexley: John Barr 5K, 8 a.m., Jeffrey Mansion, presale tickets $30, $35 day of; parade, 9:30 a.m., begins at Maryland and North Cassingham, east on Maryland to Roosevelt to Astor to Euclaire to Main to Dawson to Fair and ends at Cassingham; community celebration, 6-11 p.m. with fireworks at end, Capital University, registration required at bexley.org/fourth.
  • Columbus: Doo Dah Parade, 1 p.m., begins at Buttles and Park, west on Buttles to Dennison to Collins to Neil to Second to High and ends at Russell; live music, 11 a.m.-7 p.m., Goodale Park gazebo
  • Dublin: July 3, Sherm Sheldon Fishing Derby, 8 a.m., Avery Pond; parade, 11 a.m., begins at Metro Place North and Frantz and goes to State Route 161 to High to John Wright Lane; live music and entertainment, 4 p.m., Dublin Coffman High School Stadium, presale tickets $5, leftover tickets $10 day of online; lawn seating outside stadium does not require a ticket; fireworks, 9:50 p.m., high school
  • Gahanna: July 3, festivities and food, 5 p.m., with fireworks at 10 p.,m.; Gahanna Municipal Golf Course, registration required; July 4, parade, 1 p.m., begins at Clark Hall, west on Granville and concludes at Royal Plaza
  • Grove City: July 2, fireworks, 9:50 p.m., viewing at Grove City High School, Grove City Church of the Nazarene, Windsor Park, Hayes Intermediate School and J.C. Sommer Elementary School
  • Groveport: July 3, parade, 11 a.m., begins at Groveport Recreation Center, west on Main to Hendron and ends at Glendening Elementary School; live music, 7:30 p.m. concluding with fireworks set off from Heritage Park at dusk
  • Hilliard: July 3, parade, 9 a.m., begins at Franklin County Fairgrounds to Main to Norwich to Cemetery and ends at Hilliard United Methodist Church; Freedom Fest, 3 p.m., Roger Reynolds Municipal Park; fireworks at dusk at park 
  • New Albany: July 3, parade, 11 a.m., begins at New Albany Primary School, south on High to East Dublin-Granville and ends at Church of the Resurrection; festival with live entertainment, 6 p.m., New Albany Middle School; fireworks at dusk at middle school
  • Reynoldsburg: July 2, live entertainment and food trucks, 6:30 p.m. with fireworks at 9:45 p.m., Civic Park; July 3, parade, 10 a.m., begins at Rosehill and Main, east on Main to Lancaster and ends at Huber Park
  • Upper Arlington: Parade, 9 a.m., begins at Northwest Boulevard and Zollinger Road; Party in the Park, 5:30 p.m., Northam Park; 10 p.m., fireworks show at park
  • Westerville: July 3, 5K, 8 a.m., Westerville Sports Complex; live music, food trucks and activities, 5-10 p.m., Westerville Sports Complex, concludes with fireworks with viewing area at sports complex
  • Whitehall: July 2, picnic, 8 p.m., Whitehall-Yearling High School, tickets required; fireworks at dusk, John Bishop Park; July 3, parade, 10 a.m., begins at Yearling and Broad, south to Etna and ends at John Bishop Park
  • Worthington: fireworks, 10 p.m., viewing at Thomas Worthington High Schoo

Licking County

  • Granville: July 2-5, Festivities downtown, noon; July 2, festivities at Wildwood Park, 8 p.m. with fireworks at 10 p.m.; July 5, Firecracker 5K, 7:45 a.m., Granville Rotary; 10:45 a.m., parade, begins near Wildwood Park and goes along Broadway

Madison County

  • West Jefferson: July 2-4, Streetfest, South Center and Pearl streets, $10; July 3, parade, 10 a.m.; July 4, fireworks, 10 p.m.

Pickaway County

  • Ashville: June 30-July 4, festival and fish fry, Ashville Park; June 30, opening night parade, 7 p.m., begins at park; July 4, parade, 1 p.m.; fireworks, 10 p.m. at park

Union County

  • Marysville: July 3, 10 a.m., parade, begins at American Legion Park, east on Fifth to South Plum to Sixth and ends at Union County Courthouse; July 4, fireworks at dusk, Union County Fairgrounds

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Summer has always been a busy time for the real estate market, but thanks to an unusually low level of inventory and an overwhelmingly high demand for homes, it’s basically been summer since last March. This is bad news for buyers who are beginning to tire of engaging in endless bidding wars in an attempt to buy a home. 

To try and help buyers understand what’s working for some of their competition, I’ve put together a list of some real-life winning tactics people are using to come out on top in a bidding war, and what a real estate agent says you need to know before trying it yourself. 

Submitting Their ‘Highest and Best’ Offer

Buyers looking to go big and go home are coming out swinging by sending their “highest and best” offers right off the bat. This means they are making an offer with their top price in mind. “When I am faced with this situation I always advise my clients to think of their walkaway price,” says Daniela Pagani, a real estate agent with the Lowe Group in Chicago. “That which they will be comfortable walking away from and will not feel that they overpaid.” That means making an offer you’ll still be happy to have made if you do manage to come out on top. 

Waiving the Home Inspection

While this move has become quite common in today’s market, Pagani says it’s something you shouldn’t really consider unless you plan on tearing down the home. “Everyone should have the right to inspect a home,” she says. “Buyers only get 20 minutes in a home and are writing contracts right away.” If you plan on making an offer with an inspection waiver, you need to be prepared to find some (costly) surprises. 

Waiving Contingencies (Like Appraisal, Inspection Issues, and More)

Unlike waving an inspection, waviging the contingencies of an inspection tells the seller that you won’t pull out of the sale if the inspector turns something up. Similarly, if you waive the contingency on the appraisal, you’re not waiving the right to appraise the property (something lenders require anyway), but instead saying a lower than expected appraisal won’t be a deal breaker for you.

“If a home doesn’t appraise, you will have to come up with the difference [between the appraised value and the amount you’ve been loaned] because your lender will only issue a loan up to the appraised value,” explains Pagani. While these things can make your offer more appealing to sellers, you’ll need to have the money set aside to cover these additional expenses. 

Using an Escalation Clause

An escalation clause basically tells the seller that you’re willing to offer a certain dollar amount above their highest offer. For example, if someone offers $500,000 for a property and your escalation clause says you’re willing to go $3,000 above that, your offer will be for $503,000. Most escalation clauses also come with a price cap, which spells out exactly how much a buyer is willing to pay for a home.

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If there is a home that you would like more information about, if you are considering selling a property, or if you have questions about the housing market in your neighborhood, please reach out. We’re here to help.

Median home-sale prices hit yet another record high in May — up to $377,200, a 26% increase year over year. And 54% of homes sold above their asking price in May — another record high, up from 26% a year ago, according to a new report from Redfin.

The report also shows the housing market also set new records for home-selling speeds and competition, although seasonally adjusted home sales and new listings flattened from April. Leading indicators of housing market activity are also declining into June, signaling that the pace of the market may be slowing, according to Taylor Marr, Redfin lead economist.

“May marked the likely peak of the blazing hot pandemic housing market, as many buyers and sellers are vaccinated and returning to pre-pandemic spending patterns,” Marr said. “Sellers are still squarely in the drivers’ seat, but buyers have hit a limit on their willingness to pay. The affordability boost from low mortgage rates has been offset by high home price growth.”

The number of homes sold in May was up 46% from a year earlier, but was down 0.7% from April. The typical home sold in just 16 days — a record low — and down from 38 days in May 2020. The average sale-to-list ratio, a measure of how close homes are selling to their asking prices, hit a record high of 102.2%.

“In other words, the average home sold for 2.2% above its asking price,” Marr said.

Roughly 1.33 million homes were listed for sale in May, and 615,800 homes were sold.

Median sale prices also increased from a year earlier in all of the 85 largest metro areas Redfin tracks — partly due to a shift in the mix of homes that are selling toward larger, higher-end properties, Marr said.

The smallest increase was in San Francisco, where prices were up 2.8% from a year ago. The largest price increases were in Austin, (+42%), Phoenix, (+33%) and Detroit (+32%).

“To put Austin’s price increases in context, consider that the sale price of a typical 3 bedroom, 2 bathroom suburban Austin home has increased from around $330,000 in May 2020 to $470,000 in May of 2021,” Marr said.

Austin is still the nation’s hottest housing market, as tech workers continue to flock to the Lone Star State’s capital. In 2021 alone, 1,440 Austin homes have sold for between $100,000 and $299,999 above asking price, and 72 have already sold for $300,000 or more above asking price. At this time last year, only two homes had been sold in Austin for more than $300,000 above asking price.

More than 4,500 homes in Austin have sold for between $25,000 and $99,999 above asking price. Homes are staying on the market in Austin for an average of only 24 days.

Seasonally adjusted active listings — the count of all homes that were for sale at any time during the month — fell 27% year over year to their lowest level on record, and only seven of the 85 largest metros tracked by Redfin posted a year-over-year increase in the number of seasonally adjusted active listings of homes for sale. Philadelphia (+14%), New York (+13%) and San Francisco (+12%) experienced the biggest gains.

New listings fell from a year ago in 18 of the 85 largest metro areas, with the biggest declines in Baton Rouge, Louisiana (-47%) and St. Louis (43%).

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If there is a home that you would like more information about, if you are considering selling a property, or if you have questions about the housing market in your neighborhood, please reach out. We’re here to help.

One of the many things that makes Columbus such a unique urban destination is the abundant farmland, including an expansive Amish Country, that surrounds the country’s 14th largest city, making for some spectacular farmer’s markets in the warmer months. Check out any of the spots below for a taste of central Ohio’s high-quality meats, grains, cheeses, vegetables, fruits and so much more.

Saturday

Clintonville Farmers’ Market

When: Saturday | April 24 – Nov. 20 | 9 a.m. – 12 p.m.
Where: Ohio History Connection | 800 E. 17th Ave.

This staple of the community recently moved to a new location, but still offers an opportunity to meet the farmers behind your produce! Check out their website for information on what’s in season and ideas on how to use produce in new ways. During summer months, patrons are invited to shop at the market or pre-order for pick-up. 

The Dublin Market at Bridge Park

When: Saturday | May 1 – Sept. 25 | 9 a.m. – 12 p.m.
Where: Banker Drive and Longshore Loop at Bridge Park | 6568 Longshore St.

Frolic in the streets of Dublin’s brand-new Bridge Park District, where each Saturday they are lined with vendors hocking fresh produce, sweet treats and food, innovative retail items, and other artisan products.

Grove City Farmers Market

When: Saturday | May 15 – Sept. | 8 a.m. – 12 p.m. (8-9 a.m. recommended for high-risk individuals)
Where: Parking lot between Broadway Station Apartments and Grove City Library | 3444 Park St.

For more than 30 years, area farmers and the Grove City Area Chamber of Commerce (GCACC) have partnered to bring the best of spring and summer’s harvest to the streets of the Grove City, including peaches, homemade jellies, baked goods, tomatoes, sweet corn on the cob and more. The 2021 market will offer opportunities to participate virtually or by driving through, as well as the option to pre-order/pre-pay.

North Market Farmers’ Market

When: Saturday | June – Oct. | 8 a.m. – 12 p.m.
Where: North Market Outdoor Pavilion | 59 Spruce St.

One of the oldest and largest markets in the area with nearly 30 vendors, the North Market Farmers’ Market allows customers to buy fresh-picked produce directly from local farmers. Additionally, local entrepreneurs are on site selling hand-made and vintage items such as art and jewelry to create a fully experiential Farmer’s Market. Of course, you can always check out the nearly 40 vendors inside the North Market as well!

Uptown Westerville Farmers Market

When: Saturday | May 22 – Oct. 9 | 9 a.m. – 12 p.m.
Where: Behind Westerville City Hall | 21 S. State St.

Along with bringing locally grown food and farm products from area bakeries, nurseries, and homesteads to the Westerville Community, the Uptown Westerville Farmers Market also offers free (donation recommended) yoga on the green at 8 a.m. prior to the market opening for the day. 

Worthington Farmers Market

When: Saturday | May – Oct. | 9 a.m. – 12 p.m. (9-10 a.m. reserved for high-risk individuals) 
Where: Old Worthington | 773 High St.

Since 1987, vendors have lined the sidewalks of Old Worthington, selling everything from fresh produce, flowers, baked goods, meats, cheeses, and other homemade goods. Local shops often run specials as well. 

Tuesday

Pearl Market

When: Tuesday and Friday | May 21 – Oct. 15 | 10:30 a.m. – 2 p.m.
Where: Pearl Alley (between Gay and Broad) | 19 N. Pearl St.

Originally established in 1989 by local farmers as a way to allow transit users and downtown workers with easy access to fresh, affordable produce, Pearl Market expanded in 2001 to also welcome local artisans to join the mix. The historic Pearl Alley now takes on an almost festival-like feel, allowing residents and visitors to shop local from a mix of healthy, farm-fresh foods and innovative foods. In addition to in-person shopping, curbside car or pedestrian pick-up is also available. 

Hilliard Farm Market

When: Tuesday | May 25 – Sept. 28 | 4 – 7 p.m.
Where: Hilliard United Methodist Church parking lot | 5445 Scioto Darby Rd.

Vendors offer a variety of goods, varying slightly each week, you can expect to find anything from cakes, sauces and root beer floats to flowers and garden plants, to honey, fish, and cheese.

Wednesday

Franklin Park Conservatory Farmers’ Market

When: Wednesday | June 2 – Sept. 1 | 3:30 – 6:30 p.m. 
Where: Main Parking Lot | 1777 E. Broad St.

This free public market offers a mix of local produce, baked goods, specialty foods, handmade items and health and beauty products. The market accepts EBT for all qualifying purchases and offers incentive dollars through Produce Perks Columbus. 

Upper Arlington Farmers Market

When: Wednesday | May 19 – Oct. 27 | 4 – 7 p.m.
Where: Tremont Pool Parking Lot | 2850 Tremont Rd.

Enjoy a mid-week treat and grab all the whole uncut fresh produce, pre-packaged food and plants your heart desires at the Get Fresh Upper Arlington Farmers Market. Taking place rain or shine, the 2021 market is piloting a “Neighbor Foods” program in which patrons have the opportunity to “buy another” for a neighbor in need during the first market of the month, and all contributions will be distributed the following day at the First Community Church Heart to Heart Food Pantry. Also new in 2021 will be yoga at Northam Park and live music during the event. 

Thursday

Bexley Farmers’ Market

When: Thursday | May 20 – Sept. | 4 – 7 p.m. 
Where: Dawson Ave. between Main St. and Bryden Ave. | 2376 E. Main St.

Billed as a place “Where Farms Meet Main Street,” in addition to buying all the classic market goods, visitors can experience live music, children’s events, and food trucks.

Canal Winchester Farmers Market

When: Thursday | May 29 – Sept. 25 | 9 a.m. – 12 p.m. 
Where: Canal Winchester Historical Complex | 100 N. High St. 

Whether it’s delicious fresh vegetables, fruits & herbs, mouth-watering home baked goods, or something pretty to display, the list is always changing at the Canal Winchester Farmers’ Market. To comply with COVID-19 guidelines, a clear entry and exit point will be established, and guests are asked to leave their pets at home.

New Albany Farmers Market

When: Thursday | June 24 – Sept. 16 | 4 – 7 p.m. 
Where: Market Square | 200 Market St.

The Healthy New Albany Farmers Market is a community staple, where you can find seasonal offerings, an inviting array of produce, fresh baked goods, savory pastries and locally made honey, coffee and beautifully hand-crafted products.

Friday

Pearl Market

When: Tuesday and Friday | May 21 – Oct. 15 | 10:30 a.m. – 2 p.m.
Where: Pearl Alley (between Gay and Broad) | 19 N. Pearl St.

Keep reading.

If there is a home that you would like more information about, if you are considering selling a property, or if you have questions about the housing market in your neighborhood, please reach out. We’re here to help.

There are lots of things around your house that can potentially cause major problems down the line (hello, damaged tree hanging precariously over your roof line, waiting for a strong wind to blow it down).

Fortunately, you can get ahead of some of these issues by simply kicking your potentially problematic items to the curb — or the recycling center. Because, real talk, you know you have at least one of these things in your home right now. 

Outdated Air Conditioners

If your air conditioner is older than 2010, Autumn Brekke, service director with plumbing, HVAC, and electrical service company Genz-Ryan, says it likely uses freon. Freon, or R-22, is no longer made or imported to the U.S. for environmental protection reasons. 

“Sooner or later it will run out, and the air conditioning unit will need to be replaced,” she says. Getting rid of your old unit now may save you a headache in the future.

Flammable Chemicals and Solvents

Whether you’re holding onto them because you think you’ll use them again one day, or because you’ve forgotten that you stacked them up under the stairs in the basement, those leftover project materials need to go.

 “Get rid of any old paint cans, paint thinners — anything that is flammable,” says Tim Ganey, home inspector with Desert Home Inspections, Inc. These half-empty canisters are a disaster waiting to happen. Just check local ordinances to find out how you can dispose of them.

Old Water Heaters

There are a lot of reasons why your water heater might need to be replaced, including: how your water heater is powered, if it’s a traditional tank or tankless, your water quality, where it’s installed, and how you’ve maintained it can all impact how long your tank will last. 

“The signs that your water heater needs to be replaced include not enough hot water, strange sounds, discolored water from the hot water taps, and leaking from the tank,” Brekke says. Replace yours if you notice any of these signs.

Ancient Plumbing

Dated pipes can create a disaster faster than you can say, “Where’s the plunger?” From pinhole leaks to broken water valves, the damage water can cause is much worse than replacing those old pipes and valves before the issues occur, according to Brekke. 

“Over time, copper pipes wear down inside, becoming corroded with the sediments from the water over the years,” she says. “This puts pressure on the pipe and the pressure creates the pinhole leak.” Getting rid of these compromised pipes is a must if you want to avoid a plumbing emergency down the line. 

Outlets That Aren’t GFCI-Connected

Ground fault circuit interrupter (GFCI) outlets are the new standard when it comes to electrical outlets, especially in areas where water is used, like bathrooms and kitchens. 

“The GFCI outlet will automatically shut off power to the outlets connected to it when there is a fault that happens, avoiding you possibly being electrocuted,” explains Brekke. “In other words, it’s better to be safe than sorry when upgrading your home’s electrical network.” If you’ve got non-GFCI outlets in your home, it’s time to toss them and replace them with the newer ones.

Keep reading.

If there is a home that you would like more information about, if you are considering selling a property, or if you have questions about the housing market in your neighborhood, please reach out. We’re here to help.