http://www.usatoday.com/money/economy/housing/2007-07-19-existing-home-sales_N.htm

The home sales still continue to be slow across the country and in the Columbus Metro area.  Slow home sales impact Sellers and make it more a “Buyer’s Market”.

This is a very good time for a Buyer in Central Ohio to be purchasing a new home.  Especially a first time home buyer that does not have a home to sell.   Mortgage interest rates are still at low rates.  The State of Ohio has the highest foreclosure rate in the country.

 http://www.dispatch.com/dispatch/contentbe/dispatch/2006/04/07/20060407-A1-01.html

The high inventory of foreclosed homes is a big plus for potential homebuyers.

HomeBuyer Advocate Mike

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