The Central Ohio housing market has experienced a slight downturn in the market over the past 2 years. The increased number of listings on the market combined with a reduced number of active buyer's has caused for increased market times and a small decrease in overall property values. There are certain segments of the local market that have continued to experience some appreciation gains over this period, but the general trend has been downward during this time. These trends are considered by many to be short term & the prospects for continued growth and positive price appreciation is expected to return in the coming years based on the forcasted models for this area.
Location Characteristics: The capital city of Ohio, Columbus, Ohio is the 15th largest city in the US according to 2000 census figures. Columbus is home to one of the country's largest & most respected university's, The Ohio State University. The growth in and around Columbus has been steady and consistant. A 2005 census shows the city's population to be 730,657. The suburban communities around Columbus continue to grow in all directions. There has also been a significant "re-birth" within the city's center. The "Arena District" which is home to Nationwide arena has helped to spur a tremendous amount of activity and a big increase to downtown housing.
About Michael Snyder:
Visit my personal web site at www.mike-snyder.com
I am a life long resident of Central Ohio and currently reside in the Dublin area with my wife Jill and two daughters, Kinsey and Abby. My background in the real estate industry includes 11 years as a mortgage loan officer and Assistant Treasurer for one of Central Ohio's leading mortgage lending institutions. I then spent 3 years in the title insurance industry where I served as Manager of Corporate Sales & Marketing for one of the area's finest full service title organizations. I have been a licensed real estate professional since 2000 and I am a member of the Columbus Board of Realtors Five Million Dollar Sales Club.
Please give me a call to find out about my Homebuyer's Marketing "Scouting Report". This FREE program gives you up to date info directly from the local Central Ohio MLS system. It's password protected and allows you to set up your own search parameters to search local area listings. This program will update you automatically by e-mail each time a new listing, that fit's your parameters, enter's the market.
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These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
