Despite the Columbus metro area having the third most stable housing market in the country, it is interesting to see that the national housing picture has improved as Realty Times states that data is in showing that even in the hardest his areas, California, Florida, Nevada and Arizona prices have stabilized and no decline has been measured for two months.
This is very much in line with what the National Association of Realtors reported, that the market was in transition and is poised for gains. In fact they have said in their quarterly report that home sales are up year to year in 26% of all states and 35% of metropolitan statistical areas. All this encouraging news despite a small decline in the median house price nationwide compared to last year.
All in all this is enouraging news showing that now really is the time to buy with great deals to be had and low mortgage rates.
If you are considering making the most of the great lifestyle available in New Albany and the surrounding Central Ohio communities then please contact The Raines Group for professional Real Estate advice in the region. You can contact the Raines Group via their website: www.therainesgroup.com where you can also take advantage of a complimentary MLS search system.