Columbus Ohio like the rest of the country has experienced it’s share of economic decline in the real estate market. The number of homes for sale in Columbus has been on the increase since the real estate “bubble” burst in 2005. This created a supply and demand problem where there were many homes for sale and fewer buyers to purchase. Any time supply is greater than demand prices begin to fall.

Columbus, OH certainly has seen it’s share of foreclosures and blame can be pointed in many different direction’s. Most blame the reason for the housing slump on teaser rate mortgages and non-conforming loans that basically set people up for failure in their newly purchased home. Regardless of who or what caused homes to decline we must look at the facts. Home prices are much lower than they were 5 years ago. This is not good news for sellers but could be the perfect time for buyers to make their move.

New data is out and the marketing has begun to shift to the upside again. Economic advisors have been scouring recent real estate data and have seen an up tick in home prices over the past 7 months. The number of days homes are sitting on the market has been steadily decreasing. Economist predict home prices will increase as much as 11% in 2010. The number of available homes for sale and bank foreclosure inventories have been rapidly thinning out.

What we clearly hold in our hands is an opportunity that will not likely be seen again in our lifetime.

What does this mean for Columbus Ohio real estate? What it means for buyers is it’s a ideal time to get moving. There is solid data and clear indications that we have hit the bottom and have started to bounce back up. If you’re a buyer and you have been waiting on that perfect real estate opportunity then this is it. Columbus Real Estate is ripe for the picking.

The Timing Is Perfect

If you want the best real estate deal you are going to need access to real time data. Internet based MLS searches do not give you real time data and up-to-date info on property listings. At SearchTheColumbusMLS.com you have access to our V.I.P buyer program where you receive real time data on all Central Ohio real estate. You will have access to all homes for sale including bank owned properties and foreclosures.

This is the key to finding the best buy. The really good deals are almost always sold within a few days of listing. By having direct access you will find the homes first before other buyers and be able to take advantage of the best buying opportunity. My clients have saved thousands of dollars on their home purchase using this exact system.

If you are a buyer and you want a great price on a home get started toady with my V.I.P. buyer program. This is a cost FREE program custom designed specially for you.

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