In a push to sell more homes before the end of the year HUD has added 38 new listings to the market. We never saw that many new HUD listings since we began publishing this blog.
If you received our Columbus HUD homes map, you saw mostly red markers all over Central Ohio (new listings reserved for owner occupants). Many of the new HUD listings are on the east and south side of Columbus, including many suburban homes.
Among the higher priced properties ($100,000 and above) are 3 new HUD homes in Pickerington, 3 in Galloway, and many more in Reynoldsburg, Delaware, Canal Winchester, and Groveport. There’s also a wonderful HUD home in New Albany at 5981 Twin Pine Drive. You certainly don’t want to miss to see this house, if you are looking for an upscale suburban residence!
In addition, there are 18 relisted Columbus houses and price reductions (yellow markers). In the past HUD has accepted lower offers on relists, especially, if they become available to all bidders next Wednesday!
Listing Statistics
Total homes available: 83 (last week: 54)
Owner occupants: 69
All bidders: 14
New listings: 38
Sunday deadline: 13
Relisted/Price reduced: 18
Median Price: $70,000 (last week: $61,500)
Average Price: $78,225 (last week: $75,457)
Highest: $185,000
Lowest: $6,000
Homes less than $50,001: 30 (last week: 24)
Between $50,001 & $100,000: 28 (last week: 15)
More than $100,000: 25 (last week: 15)
Call me TODAY at 975-9650 to see the newest HUD Homes this weekend!
P.S. You probably missed the deadline for closing before the Tax Credit expires, if you need bank financing! However, you could pursue these Last Minute Strategies to Claim Your Tax Credit …
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
