"2,064 homes sold in May marked a 15.7 percent increase over the number of sales the previous month according to the Columbus Board of REALTORS®."

This is most encouraging! The statistics appear to be improving. After all the Columbus Metro area Real Estate market is the third most stable in the country. Asides from a wide selection of property for sale, low interest rates have helped fuel the buying process.

In May there were 17,900 homes for sale in the statistical area which is 5% less than May 2007. Similarly the number of new listings going on to the market has decreased by 8%.

This is great news. With the Central Ohio Communities booming with lots of construction as well as job creation this kind of growth is very exciting for the area. With low interest rates not expected to last for long, now is the time to take advantage of the market and rates by buying as soon as!

If you are considering purchasing a home in Gahanna, New Albany or any of the other surrounding Columbus area communities then pleasecontact The Raines Group who will be able to assist you in finding that perfect property.

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