Making Dollars and Sense of It All

One of our employees, Angelo Petraglia, asked just that very question last week, "Should my family rent or buy a home next year?"  His wife is finishing a PhD in Statistics at OSU and they love Columbus.  So what does the data say?  Factoring in home prices, interest rates, property taxes, rising rents and home warranties, we present our findings.

Inventory, New Starts, and Mortgage Rates So Low That Prices Cannot Last

"Sellers could be soon be riding a perfect storm of pent-up demand, historic low rates, and very few new homes for sale or coming soon," said Craig Tuckerman, President of The Tuckerman Home Group as he finished tidying the grounds of his company's latest sale, a single family home at 6326 Artesian Run in Lewis Center.

"Dad, Can I borrow A Hundred Dollars?"

Me: Why do ask?

Six-Year-Old: Jaiden wants to buy a house.

It was in this way that I became like the Federal Reserve last Sunday morning, making my daughter...Fannie Mae? Although no legal tender exchanged hands, a great educational opportunity presented itself. My attempt at keeping up the metaphor using up-to-date info and her questions and artwork within:

What are the latest developments around town in the mortgage market and the home-building industry?

What’s in? Mother-in-Law Suites.

What’s out? New Starter Homes.

A brief statement on the building industry: Good land and quality labor are in short supply. We're fortunate that we have fantastic sub-contractors hard at work on your home despite the abundance of condo and apartment projects popping up all over town. They are everywhere! We know, as we are now everywhere too. We have new projects in Bexley, Upper Arlington, Gahanna, Sunbury, Granville, and New Albany. We wrap up the mortgage market, household formation, and design trends within.

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!