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.
My Buyer Broker Advocate! 
2 comments
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July 25, 2007 at 3:32 pm
Buyer Broker
Jay, Thank you for comment. Yes, real estate market conditions do tend be very focused and on a local level. As a matter of fact, market conditions can vary from different subdivsions in the same zip code. But, in this current market, we are seeing a general “softening” across the nation, states and even all cities. It could be a perfect opportunity for a Buyer to get a great deal on a new home.
Quick, fast info for Buyers in the Columbus Metro aea.
Buyer Broker
July 25, 2007 at 3:21 pm
Jay Bojingle
I’m glad to see the hyperlink to the Dispatch article is still live after more than a year.
Isn’t all real estate local. I mean don’t trends (like a “buyer’s market”) vary widely from place to place?