Gahanna, OH Real Estate News

By Maureen McCabe, Columbus Ohio Real Estate
(HER Realtors)
Gahanna homes for sale brought to you by Maureen McCabe Real Living HER The graph represents the inventory of single family homes in the Gahanna Jefferson School District for the past 15 months.  Gahanna homes for sale - a market report Homes for sale   288Homes sold in October 2009  50Months of inventory based on current sales 5.8Homes for sale than a year ago -19.3%  (inventory is down by 19.3% from the end of October 2008)  Months of inventory (based on closed Sales) in comparison to October 2008 -37% (37% less than one year ago) Average active price $371,000Average sale price $201,000Gahanna  homes for sale - neighborhoods The homes in the market report and graph are in the Gahanna Jefferson School District. City of Columbus homes in the Gahanna Jefferson school district like Berkel...
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By Maureen McCabe, Columbus Ohio Real Estate
(HER Realtors)
Gahanna homes for sale - October 2009  brought to you by Maureen McCabe   This market report and graph are for residential properties (single family and condominiums) in the Gahanna Jefferson School District.  Homes with a Gahanna mailing address in another school district are not represented by this data or the graph above! Gahanna homes for sale - a market report 353 homes for sale  53   homes sold in September 2009 6.7  months of inventory based on salesAverage active price $316,000Average sale price $174,00021.2% less homes for sale than a year ago. 24.4% less  months of inventory (based on closed Sales) in comparison to September 2008Gahanna home sales - September 2009  -3.6%  home sales in September 2009 over September 2008Average sale price $174,000   Gahanna homes for sale - nei...
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By Maureen McCabe, Columbus Ohio Real Estate
(HER Realtors)
Gahanna homes for sale brought to you by Maureen McCabe The homes for sale represented in this graph and the market report below are in the Gahanna Jefferson School District.  Links to Central Ohio School Districts including the Gahanna Jefferson School District. Gahanna homes for sale - a market report 362 homes for sale  40   homes sold in August 2009 9.1  months of inventory based on salesAverage active price $312,000Average sale price $197,000 23.8% less homes for sale than a year ago. 2.2% less  months of inventory (based on closed Sales) in comparison to August 2008 Gahanna homes for sale - neighborhoods The graph represents homes in lots of diverse neighborhoods throughout the Gahanna - Jefferson School District. Homes for sale in City of Gahanna neighborhoods like Harrison Pond,...
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By Maureen McCabe, Columbus Ohio Real Estate
(HER Realtors)
Gahanna homes for sale - includes all homes in the Gahanna Jefferson School District.  Central Ohio School information including the Gahanna - Jefferson School District Gahanna homes for sale - market report 373 homes for sale41  homes sold 9.1 months of inventory based on salesAverage active price for a home in the Gahanna Jefferson School District is $305,000 Average sale price in July 2009 in the Gahanna Jefferson School District was $217,000 26.4% less homes for sale than a year ago in the Gahanna Jefferson School District 51.7% more months of inventory (based on closed Sales) in comparison to July 2008  Compare to last month Gahanna homes for sale Gahanna homes for sale - neighborhoods The graph represents homes in lots of diverse neighborhoods throughout the Gahanna - Jefferson Sc...
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By Wendy Baldwin, Columbus OH Real Estate, 614-433-0008 Residential,
(Baldwin Realty Group, LLC)
Yesterday Aussie visited the Gahanna Dog Park at Pizzurro Park on the east side of Columbus for the first time.  Located off of Hamilton Road across from the airport, just south of the Route 270 ramp, this is Gahanna's first public dog park.  It is a 2 acre fenced area where dogs may run off-leash.  It contains a separate fenced area for small dogs 25 pounds or less and an agility area for all dogs.  The park also has an unfenced area for off-leash play. Through the large dog area, there is a paved path that makes it accessible for wheelchairs.  Because this is a Gahanna City Park, it is a free park that is open 7 days a week from dawn to dusk.  It is operated and maintained by the Gahanna Parks and Recreation Department.  Beatiful setting among mature trees, but plenty of open space fo...
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By Maureen McCabe, Columbus Ohio Real Estate
(HER Realtors)
Gahanna homes for sale - homes in the Gahanna - Jefferson School District   The graph represents all homes for sale in the Gahanna - Jefferson School District for the past 15 months through the end of June 2009!  Gahanna homes for sale peaked about a month before most other Central Ohio areas I look at, in October 2008 with a 13.3 month supply of homes.   That is down to a 7.9 month supply of homes at the end of June 2009. Gahanna homes for sale - market report 341 homes for sale43   homes sold 7.9  months of inventory based on salesAverage active price $318,000 Average sale price $198,00034.3% less  inventory than a year ago. Months of Inventory (based on Closed Sales) is up 5.3% from one year ago Again these are homes in the Gahanna - Jefferson School District not just the City of Gah...
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By Vanessa V. Simmons, Realtor
(Real Living HER)
One of the surest signs of spring right up there with the time change and warmer weather is the return of Garage/Tag Sales.  Here are a few tips to help insure that you declutter while having the best sale ever just remember: HOM AD. •·         Have everything clearly priced and affordable.  Garage/Tag sale shoppers are looking for a bargain keep that in mind as you determine prices.  Label items individually or decide on an easy pricing system.  Some chose to color code with stickers i.e..Blue items .25, Red .50 or Yellow items $1.00. •·         Organize early.  Its best begin organizing weeks prior to your sell.  Start boxing up items for the sale.  Use the 1 year rule and ask yourself:  Have I used it, worn it or looked for it in the past 12 months.  It the answer is no it goes.  Pr...
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By Vanessa V. Simmons, Realtor
(Real Living HER)
The following information was obtained from a Countrywide Loan Officer.  I have confirmed this with several lenders.  This is One of Two New OHFA Programs that offers Columbus, Central Ohio and the rest of Ohio options for down payment assistance and incentives to help folks get excited about home ownership in 2009.... Homebuyer Tax Credit Advantage ProgramEffective Date: March 30, 2009The Homebuyer Tax Credit Advantage Program offers a second mortgage to borrowers who obtain a first mortgage through the OHFA First-Time Homebuyer Program. In order to encourage first-time homebuyers to enter the market in 2009, the program will allow OHFA first-time homebuyers to leverage the benefit of the federal first-time homebuyer tax credit for down payment and/or closing costs. The American Recove...
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By Vanessa V. Simmons, Realtor
(Real Living HER)
  Absolutely Not-providing you have realistic goals and know what you are doing flipping homes can still be a profitable endeavor in 2009.  This does not mean you need to be a financial genius.   The truth is that the majority of folks flipping homes are every day Joes and Janes like you and me.  Being a  rocket scientist, is not a requirement but you do need to be much smarter than you used to be to be able to make money flipping a Central Ohio property in 2009. Think Conservative Not in the political sense but as a general practice from start to finish.  With Market conditions being what they are there is little room for error. Purchasing as low as you can, holding down costs of home repairs and improvements, selling at a reasonable price and keeping your focus on getting rid of the p...
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By Vanessa V. Simmons, Realtor
(Real Living HER)
Are you a teacher, firefighter, law enforcement officer or emergency medical technician if so than HUD may have the deal of a lifetime for you? Research shows that professionals who work in the above mentioned areas tend to have a stabilizing effect on neighborhoods.  HUD rewards these tireless individuals with the opportunity to acquire specific properties for up to 50% of the appraised value. Program Highlights: •·         Homes can be purchased with FHA, VA, Conventional and Cash. •·         Down Payment is only $100.00 •·         Closing costs can be financed •·         Owner/Occupant •·         Owner must reside in property for a min of 36 months •·         Regular HUD earnest money requirements still apply More good news is that this program is available in several states.  If you...
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By Vanessa V. Simmons, Realtor
(Real Living HER)
The information below was obtained by a loan officer with Countrywide Bank FSB.  It is a list of the major changes that they are making on Conventional Loans both conforming and non-conforming in the Central Ohio Area.  The source was unable to say whether or not Countrywide will be implementing these new guidelines throughout all their service areas but since our market has been tagged as "restricted" and or "soft" these changes will go into effect for all loans locked after March 19th, 2009 1)        Minimum credit scores now with loans over 80% loan to value will be 700 and no              longer 620 2)        2nd homes  will now require 20% down on conforming loans 3)        Debt Ratio's - MAXIMUM is 41% for loans over 80%, regardless of Automated Underwriting system and MI companie...
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By Vanessa V. Simmons, Realtor
(Real Living HER)
We all know the toll that the foreclosure crisis has played on the economy and the housing market.  There has even been much reported on foreclosures impact on pets, but what about the children? In a recent report conducted and published by First Focus , it is estimated that 1.95 million children will be affected by foreclosure over the next two years.  The report reveals some startling revelations about the impact foreclosure has on the success of school aged children: •1.       Each time a child moves to a new school it takes an average of 6 weeks for them to adjust. •2.       Children who move 2 times in a year are half as likely as their peers to read proficiently. •3.       Children of foreclosure have a higher chance of being held back a grade. •4.       Excessive Mobility reduce...
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By Vanessa V. Simmons, Realtor
(Real Living HER)
With everyone talking about foreclosures and with how much they have been in the news lately, it's easy to get worried about the future of your Central Ohio home. The silver lining here is that you often have plenty of warning from your lender before they foreclose your property.Ohio has judicial foreclosure which basically means that your lender will have to go through the courts system to implement the foreclosure. Currently the system is so bogged down that it is taking 8-10 months to complete the entire process.The Foreclosure Act is when the lender takes legal action to repossess your home if you default on the loan. The process begins when you miss the first payment. Your lender will call make efforts to reach you to arrange to get the loan current. It's very important to talk to ...
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By Shannon B. Pyatt
(Wilkinson & Associates Realty)
Ok, so you have thought about listing your Columbus home, but all you have heard are the negatives.  Everyone is saying "it won't sell, there are too many homes on the market, you can't compete with all of the homes out there right now"  Don't believe all of the hype.  Yes, homes must be priced correctly to sell in todays market especially in places like Columbus Ohio.  However what you may not know is that if you, the home seller price your home correctly and follow these simple rules of selling your home, you will not only get it sold, but very quickly even in today's rough economy. 1. Front yard and porch. Mow the grass and keep it green. Keep the porch immaculate--no dirt or bugs. 2. Mulch all the beds. Flowers and shrubs help, but if the owner can't afford anything else, mulch will...
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By Vanessa V. Simmons, Realtor
(Real Living HER)
  Everyone knows what HUGE pain short salescan be, however; most real estate agents will agree that they are an unavoidable part of the Central Ohio landscape.  The more  the process is understood the greater likelyhood there is for a smoother transaction.  As a buyer's agent it is important have a clear picture, with as much information as possible.  This will allow agents to better understand how to effectively work through short sales process minimizing buyer frustration.  Buyers' agents play a large role in the successful competition of short sales.  Going into the transaction with the right expectations is a key element to successfully completing a short sale. I suggest you Don't Make a Short Sale Offer on any Central Ohio home, until you get answers to following 10 questions from...
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By Vanessa V. Simmons, Realtor
(Real Living HER)
  If you are like me, I start thinking spring in mid February, but here in Central Ohio we are still have plenty of winter days left. Any Central Ohio real estate agent will tell you that it's harder to sell your home in the winter. The days are colder and shorter, leaving less time to show your home to potential buyers. The good news is that most of the buyers who are looking at houses in the winter aren't just killing time. They're serious enough about finding their new home to go house hunting at a time that most people would rather stay inside.There are a few things you can do to make a good impression on home buyers this winter:· Make sure all walkways are safe. Spread out ice melt or sand to provide traction during snowy weather. Shoveling the snow on the driveway and sidewalks w...
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By Vanessa V. Simmons, Realtor
(Real Living HER)
Neglected and abandoned properties are not only an eye sore they can be havens for rodents and vagrants.  Properties allowed to go uncared for has a tremendously negative impact on surrounding property values in neighborhoods. CNN reported  about a new website, called Lender Offender, which allows anyone to post pictures along with addresses of the neglected and abandoned, lender owned homes.  Several lenders who own these properties have taken care of the problems just to avoid the embarrassment.  Please use this site and pass it along. If we get lucky this could have a side benefit of forcing the lender-offenders to move more quickly to move these properties versus locking the banks into long term maintenance programs. If you are looking for Central Ohio Real Estate help please give ...
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By Vanessa V. Simmons, Realtor
(Real Living HER)
Recently I went to on a pre-listing appointment and found a lovely home that looked beat up because of the scratched and damaged woodwork around the doorways and the baseboards.  The client has two dogs that have really done a job on the natural woodwork.  Since everyone is looking to save a buck I have become the queen of low cost fixes.   I shared with him a tip I received a few months ago from a handy man. First, buy wood putty for the deep gashes, my handy man suggested Minwax.  Then you will need a wood stain with a drying agent.  Water based stains provide a wide range of colors and they blend will with existing treatment.  Water base stains are less toxic and clean up easily. Start by applying the putty to the deep gashes and you can follow the instructions for applying and dryi...
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By Vanessa V. Simmons, Realtor
(Real Living HER)
  A bathroom renovation is one of the best things you can do to help sell your Central Ohio home.  But, remodeling a bathroom is an expensive project, and in today's market it is not likely that the return will be worth the investment.  As a realtor I am always open to looking for budget friendly ways that I can help my seller boost the bottom line.  So, here are a few inexpensive changes that can be made to spruce up the bathroom in your Central Ohio Home for sale:   Paint A fresh coat of paint is a good way to improve the overall look of the bathroom.  Choose paints in a light, neutral color to make the room seem more spacious.    Fixtures Most buyers will notice if the fixtures in the bathroom are old, and it can have a negative effect on their view of the home.  Buy a set of bathro...
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By Sam Cooper, Sam Cooper HER Realtors
(HER Realtors)
Strawberry Farms Gahanna Ohio Home Sales    Remarkable and stunning are words that describe this updated home in Gahanna Ohio sold by Sam Cooper Real Living Realtor. Sam was the selling agent on this home located in Strawberry Farms Gahanna Oh 43230.   This four level Strawberry Farms Gahanna home boasts a Gourmet Kitchen with custom cabinetry, hardwood flooring and under cabinet lighting. 3930 Chickory Ave. has over 1500 square feet of living space including 3 Bedrooms, 2.5 Baths, family room, great room, wood burning fireplace, and laundry room ( non basement ).   The appealing park like setting sets this home apart from the others with a multi level paver patio for entertaining and recreation. The cooperative brokerage was Remax Town Center.   Strawberry Farms subdivision is located ...
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