The beginning of a new school year! Everyone I talk to is excited and busy to get the kids ready for school.
As for my “kids”, they are all in college. My middle son already started classes last week, the other two will follow soon. This is the first year my husband and I will feel like empty nesters.
So, let’s see what’s going on in real estate this week. You may have heard that the sale of existing homes increased by 7% in July nationwide. I believe it is a clear sign that the real estate market is picking up and you will see more Columbus houses sell in the second half of 2009.
Don’t panic. I still can help you find a wonderful Columbus HUD home or get a great deal on most of the property listings in Central Ohio.
Here are two reasons why now is the best time of your life to buy a home:
- The $8,000 tax credit for first time buyers will expire at the end of November 2009. If you don’t close before December 1st, you are throwing $8K out of the window.
- The federal government is accumulating lots of debt. Experts predict that this will lead to an increase in inflation and much higher interest rates. It is very likely that interest rates will go up over the next 12 months, which means you may have to settle for a less expensive house.
Featured HUD Homes of the Week
Click on the pictures below to display each specific property website and see interior and exterior images, maps, school information, and more.
1415 MEEKS MEADOW DR, Columbus, OH
List Price: $85,000 1,584 sqft 3 BR 2.5 BA
Southwestern City Schools
498 LAMESA DR, Blacklick, OH
List Price: $100,000 1,289 sqft 3 BR 2.5 BA
8925 FIRSTGATE DR, Reynoldsburg, OH
List Price: $137,000 1,034 sqft 4 BR 2.5 BA
You can see more previewed Columbus HUD homes at our website: http://columbushudhomes.postlets.com
Here you will also find a complete and up to date list of all featured HUD homes that are still open for offers, including relisted properties.
Call me at (614) 975-9650 – I can help you find a great deal on a HUD home, bank owned or short sale listing!
Thanks for reading our Columbus HUD Homes Blog
Posted by: Susanne Novak, ABR, FIS, GRI
Columbus Realtors specializing in
HUD Homes, Shortsales, Investment Real Estate
(614) 975-9650
