Central Ohio real estate values have been rising.  As headlines and news articles  spread the doom and gloom associated with recessionary real estate, the data does not lie.  In Central Ohio, real estate values have been on the rise for five consecutive months.  While the home buyer tax credit helped fuel real estate sales in Central Ohio and across the country, its expiration has had some guessing that real estate would head south again.

The increase in home prices , though modest, is encouraging.  Home prices appear to have stopped dropping and the steady, yet small, increase that has been seen this year is great news for Central Ohio.  At the same time, even with slight increases in price, low mortgage rates, which are hovering at just above 4.5%, are enticing people into real estate by keeping homes affordable despite the lack of a tax credit.

If you would like to learn more about Central Ohio real estate, data, statistics, and opportunities that exist here please call us today.  We have the knowledge that you need to get to know the Central Ohio real estate market.

Click here to read a recent article from the Dispatch regarding the increase in Central Ohio real estate values.

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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