News

November Home Sales

12/22/2008 02:04
There is light at the end of the tunnel....As interest rates begin to fall to historical...yes historical lows, the housing market is bound to respond. The Fed has dropped interest rates below 5% for a 30 yr fixed mortgage and rates on Freddie/Fannie backed mortgages for the first time since the...

October Home Sales

11/15/2008 02:01
As the auto industry begins to fall apart and credit markets crumble the housing market is obvioiusly affected. There were 1,609 single-family homes and condominiums sold during October, 9.8 percent behind the same month in 2007. October saw the area’s lowest inventory since December 2006. With...

September Home Sales

10/29/2008 01:56
The Central Ohio market is stabilizing as the summer progresses. The September results show that 1,824 homes sold in September, just 1.5 percent behind the 1,851 homes sold during September 2007. There were fewer new houses to the market in September than in August which lowered to the total number...

August Home Sales

09/23/2008 01:10
There were 16,975 homes for sale in the central Ohio area in August 2008 which is 14.2 percent lower than last year at the same time according to the Columbus Board of REALTORS®. The average sale price of a home in central Ohio is down 4.8 percent from one year ago. The average sale price in...

How has the Columbus market changed since 1995?

09/16/2008 15:19
Can you believe back in 1995, the average sales price for a home in Columbus was under $120K? Today, thirteen years later home values have appreciated nearly 50%!!!! That is phenominal growth rates.  Sales have climbed by 150% as well. No wonder the National Association of Realtors calls...

July 2008 Home Sales

08/16/2008 15:13
Area homes in contract climb to an eleven month high!! Homes in contract continued to increase this summer to an 11-month high. There were 2,051 houses in contract in July, the highest amount since last August. A drop in new listings in July helped contribute to declining inventory levels. The...

June 2008 Home Sales

07/24/2008 13:06
  Month's supply & inventory decrease as sales increase (July 24, 2008) The central Ohio housing market continued to stabilize in June as the area saw it’s lowest “month’s supply” level since last summer, according to the Columbus Board of REALTORS®. In June, the month’s supply of...

May 2008 Home Sales

06/22/2008 23:36
  May 2008 Home Sales Home sales continue to increase this spring (June 26, 2008)  Home sales continue to increase each month presenting a healthy picture of the central Ohio housing market.  The 2,064 homes sold in May marked a 15.7 percent...

Website launched

06/22/2008 12:48
Our New Site Launched today! Keep checking back, because over the next few weeks we will be adding new features and resources for those looking to buy a home, sell their home, investors, for sale by owners and much much more! It is an exciting time for The Zimmerman Group - as we look to become...