Thursday, 04 May 2017 10:00

Housing Market May 2017: Affordability, Features, Trends, Low Inventory

First, Some THG Family News!

A THG Client

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Housing Headlines: April 2017

from Local & National News


 

Despite rising prices, homes remain affordable in Central Ohio:

dispatch

 "In Franklin County, higher wages actually helped improve home affordability over the past year, despite the area’s rising home prices, according to Attom. During the first quarter, the average Franklin County home required 21.1 percent of average wages to afford.

“Consumer confidence is increasing, as we are seeing a year-over-year wage increase,” said Matthew Watercutter, senior regional vice president and broker for HER Realtors." -- Jim Weiker, Dispatch Group


 

Here Are the Features That Top Home Shoppers' Wish Lists:

NAR

"The most-searched attributes at realtor.com®: Large backyards, garages, and updated kitchens

These three attributes were popular across all age groups. That said, younger home buyers with young children showed the most desire for finding a large yard and the greatest interest in living near a good school district.

The least-searched features among buyers: a guest house, mother-in-law suite, solar panels, and a “man cave.” -- Realtor.com

 

 

 


 

Home sales rose in central Ohio last month, but inventory stands at record low

clairmon2t

"Central Ohio’s spring home-sale season got underway in March with a warning: Good luck finding a home. Sales and prices continued to climb but the number of homes on the market fell to historically low levels.

We keep thinking the inventory couldn’t get any lower, but it continues to decline,” said Columbus Realtors President Mic Gordon.

Homes for sale stood 6.6 percent below last March, the 22nd month in a row that inventory has fallen below the same month a year earlier. Despite a lack of options, buyers — fueled by job and income growth — continued to grab the few homes available." -- Jim Weiker, Dispatch Group

 

 


 

ebringtont

Our Reputation Lives With Your Home!

25th Year in Business event details are coming and can be found on our Facebook with #WeHeartTHG.

Do not hesitate to contact Lisa Theado at 614-353-4644 with questions or to schedule a showing on one of our inventory homes. This inventory is a valuable resource in the popular communities of Ebrington, Upper Arlington, Bexley, and Kitzmiller Road.

25th Year in Business event details are coming and can be found on our Facebook with #WeHeartTHG.

 


 

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Craig Tuckerman

NAHB Master Custom Builder since 2002, 2013 Building Industry Association Board of Trustee, 2011-2013 Ohio Residential Construction Advisory Committee, BIA Member since 1993, 2009 BIA Next Generation Builder of the Year, 2009 BIA Service Provider of the Year, 2005 BIA Builder of the Year,  2004 BIA President.

Craig demonstrates outstanding commitment to promoting the objectives of the BIA and the best interests of the housing industry. He has an impeccable industry reputation including ethical business practices and outstanding customer satisfaction.

Lisa Theado, Head of Sales, The Tuckerman Home Group

Do you have a question about our lots, homes,

or process?  Lisa Theado has the answers.

Click HERE to call her at 614-353-4644 or

if text is more convenient for you, click

HERE to drop us a line.

Let us show you why our

reputation lives with our homes!