Central Ohio real estate sales volume was up 11% in December

Central Ohio real estate sales bucked the national trend and were up 11% in December!  This news is particularly exciting as news broke that real estate sales dropped 17% nationwide, the biggest drop in 40 years.  There is room to celebrate in Central Ohio as the news there contradicts what is happening elsewhere.

The extended and expanded first time home buyer tax credit is seen as a big player in the increase in sales.  People interested in using the credit need to be under contract by April 30 and closed by June 30.  Central Ohio homes are priced to sell, and combined with low mortgage rates the climate is ripe for buyers.

If you are looking to buy or sell 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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