The statistics are in for November 2008 and have been published by the Columbus Board of Realtors.

The board have noted that the fall in interest rates lately should spur a flurry of buyers who are currently debating on purchasing – what is calls, “sideline” buyers. These are buyers who are on the fence so to speak. Are you one of these? Then now is the time to get off the fence! With 1153 single family homes and condominiums sold in November properties are being snapped up.

The best chance in decades to buy a home with a low rate 30 year fixed loan is now here! With many rates under 5% and a great selection of inventory available the chance is too good to pass up.

With 14,418 homes on the market in November 2008, the number for sale dropped to the lowest level since 2005 so the opportunity to purchase is slowly passing!

If you are looking to purchase a property in New Albany, Gahanna, Blacklick, Westerville, or another Central Ohio community, please contact The Raines Group. We offer professional real estate advice and are happy to help you achieve your real estate goals. Please contact us today via our online contact form or by calling The Raines Group at 614-418-7417

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