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Columbus Housing Forecast

 

Here’s a little good news today.  Columbus is ranked #2 in the nation as best place to buy real estate.  What Ohio cities are #1 and #3?  Click the link below to find out.  Aren’t you glad you’re a Buckeye? 

Central Ohio real estate experienced a good rebound last year.  2010 looks to match it…at least until the tax credit stimulus money expires in April.  First time buyers still get $8000 and can also qualify for the Ohio Bond program!  Most move-up buyers qualify for $6500 tax credit.  Call me for details.

Thanks to Jeff Lichtenstein of Market Mortgage (614-848-5626) for telling me about this website.  

http://www.housingpredictor.com/predictions.html

 

MORE GOOD NEWS!

Columbus ranks on the most affordable homes list!  Forbes.com ranked the 222 largest metros in the U.S. Here is the list of the top 10 cities where homes are affordable and prices have not declined more than 10% over the last year.  

In fact, based on my own experience, we are back in business!  Homes under $300k are selling well, the under $200k range is strong, and the under $150k homes are like selling like hotcakes!  

Call me to get info on all the great buyer loan programs available!  

Here’s the list.

10) Chattanooga, TN

9) Knoxville, T

8) Greensboro, N.C

7) Pittsburgh, Pa

6) Columbus, Ohionow aren’t you glad you live under clouds and not in the sun, sand, and mountains?

5)  Louisville, Ky

4)   Rochester, N.Y.

3) Buffalo, N.Y.

2) Syracuse, N.Y.

1) Binghamton, N.Y.

Read the whole story at: http://www.forbes.com/2009/02/19/cities-affordable-ten-lifestyle-real-estate_cities_slide.html?thisSpeed=15000

More bailouts?

Who is going to bail out our government (you & me) when they go broke bailing out everyone else?  ChinaIndiaIran?

Why can’t our elected officials understand that GM, Ford and Chrysler have huge millstones around their necks?  Namely the   government and the unions.  

I never understood the reasoning that gives new companies tax abatements while not giving the same deal to existing companies.  Maybe one day our President and congress on the federal level and our governor and legislators on the state level that government is  merely a parasite to business.  Sometimes a parasite can kill the host… and when that happens, the parasite dies too.  

Please encourage your representatives to allow the auto makers to go bankrupt.  Let’s allow them to restructure and compete on a level playing field for once.  Let’s remove ALL taxes from them… and all companies.  Why does government feel the companies/employers have to pay unemployment tax?  Or worker’s comp?  It’s not rocket science to see these costs simply drive up the cost of the product.  To get America going loosen the chokehold of government!

Consider this New Years Resolution.  Be so vocal with your representatives that they forsake their first duty (to get re-elected) and start making decisions that make sense.  Hold them accountable

Contact Information

Photo of John Jacobus Real Estate
John Jacobus
RE/MAX Impact
440 Polaris Pkwy #110
Westerville OH 43082
Office: 614-523-1000
Fax: 614-474-8537

Last modified: 10/24/08