NextGen Home Group at Red 1 Realty

10/09/2024

💥Last chance to sign up!💥

📢OCTOBER LUNCH & LEARN! 📢

😎 Make 2025 Your Best Year Ever!

Join us as we welcome Greg Smith to help you build a plan to make 2025 one to remember!

Be sure to sign up! 👇
Details:
🍴Lunch Included!!
📅Thurs, Oct 10
🕛1:30 - 3 PM
📌Hofbräuhaus Columbus
📝Register at - https://bit.ly/3TKADE8

08/23/2024

🎉 Three for the Weekend 🎉

Looking for some fun in Central Ohio? Here are my top picks for this weekend:

1️⃣ Magic Summer Tour with New Kids on the Block at Nationwide Arena 🎤🎶 - I'll be there!!
2️⃣ Clintonville Farmer’s Market 🥕🌽 - Fresh local produce and artisanal goods. Perfect for a Saturday stroll!
3️⃣ Columbus Women & Girls’ Fest 💃✨ - Celebrate and support the incredible women and girls in our community!

Which one are you checking out? 👇

08/20/2024

Central OH Market Update │ Through Aug wk 2
✨Rolling 4: Jul wk 4 '24 - Aug wk 2 '24 (07/21 - 08/17)✨

👇Check out these highlights from the last 4 weeks of data:
🏠 CLOSINGS: 2,446, ⬇️ 2.7% over LY
🏠 NEW LISTINGS: 2,901, ⬆️ 13.1% over LY
📈 ACTIVE INVENTORY: 3,825 homes ⬆️ 47.2% over LY & ⬇️ 1.8% WoW
💲 MEDIAN sales price: $340,000, ⬆️ 6.3% over LY
⬇️ 56.0% of active listings have reduced price
📅 AVG DOM: 21, ⬆️ 16.7% over LY
📅 MONTHS of SUPPLY: 1.6
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Historically -
👉 July: By EOM we've historically completed 57% of yearly sales. Typically the 3rd strongest month in sales & 3rd in new listings.
👉 August: By EOM we've historically completed 67% of yearly sales. Typically the strongest month in sales & 5th in new listings.
👉 By the end of Aug wk 2, we've historically completed 62% of yearly sales.
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Data Notes -
*All data pulled from Columbus REALTORS® MLS.
*MLS Data as of 08/20/24

08/12/2024

Central OH Market Update │ Through Aug wk 1
✨Rolling 4: Jul wk 3 '24 - Aug wk 1 '24 (07/14 - 08/10)✨

👇Check out these highlights from the last 4 weeks of data:
🏠 CLOSINGS: 2,434, ⬇️ 1.4% over LY
🏠 NEW LISTINGS: 2,960, ⬆️ 11.9% over LY
📈 ACTIVE INVENTORY: 3,750 homes ⬆️ 42.9% over LY & ⬇️ 2.2% WoW
💲 MEDIAN sales price: $335,000, ⬆️ 4.7% over LY
⬇️ 54.5% of active listings have reduced price
📅 AVG DOM: 20, ⬆️ 11.1% over LY
📅 MONTHS of SUPPLY: 1.6
-----
Historically -
👉 July: By EOM we've historically completed 57% of yearly sales. Typically the 3rd strongest month in sales & 3rd in new listings.
👉 August: By EOM we've historically completed 67% of yearly sales. Typically the strongest month in sales & 5th in new listings.
👉 By the end of Aug wk 1, we've historically completed 60% of yearly sales.
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Data Notes -
*All data pulled from Columbus REALTORS® MLS.
*MLS Data as of 08/12/24

08/05/2024

Here's the full Central OH market update with initial reads of July data.

🔴On average over the last 8 weeks, we have a NET gain of about 150 listings per week.

🔴We continue to see inventory grow, but sales are flat to LY🤔.

❓With the interest rate relief we are seeing, are your sideline buyers coming back into the market?

08/05/2024

Central OH Market Update │ Through Jul wk 5
✨Rolling 4: Jul wk 2 '24 - Jul wk 5 '24 (07/07 - 08/03)✨

👇Check out these highlights from the last 4 weeks of data:
🏠 CLOSINGS: 2,532, ⬆️ 1.6% over LY
🏠 NEW LISTINGS: 3,157, ⬆️ 19.5% over LY
📈 ACTIVE INVENTORY: 3,722 homes ⬆️ 50.1% over LY & ⬆️ 1.4% WoW
💲 MEDIAN sales price: $330,000, ⬆️ 3.1% over LY
⬇️ 53.5% of active listings have reduced price
📅 AVG DOM: 20, ⬆️ 11.1% over LY
📅 MONTHS of SUPPLY: 1.5
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Historically -
👉 July: By EOM we've historically completed 57% of yearly sales. Typically the 3rd strongest month in sales & 3rd in new listings.
👉 August: By EOM we've historically completed 67% of yearly sales. Typically the strongest month in sales & 5th in new listings.
👉 By the end of Jul wk 5, we've historically completed 58% of yearly sales.
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Data Notes -
*All data pulled from Columbus REALTORS® MLS.
*MLS Data as of 08/05/24

08/01/2024

📢 AUGUST LUNCH & LEARN! 📢
🍻Join us at BBB - Beers, Brats, & Business 🌭

The Fed has signaled a possible rate cut in September. ✂️
❓Do you know how that impacts mortgage rates?
❓Do you know how it could impact the housing market?
❓Can you explain it to your clients?
❓Do you leverage economic & market data in your business?

✨The Fed, CPI, Inflation, Unemployment,...Our August Lunch & Learn introduces high-level economic factors and how they can impact the housing market and our businesses as real estate agents. We hope to see you there!

🍴Lunch Included!!
📅 Thurs, Aug 8
🕛 1:30 - 3 PM
📌 Hofbrauhaus Columbus
📝 Register at - https://bit.ly/3WMGcUx

07/12/2024

Are you wondering if the upcoming election will have an impact on the housing market? Here’s what history tells us you need to know if you’re considering a move. Data shows home sales slow in November but quickly bounce back and rise the following year. Prices usually keep climbing. And mortgage rates typically come down slightly. Presidential elections have only a small and temporary impact on the housing market. If you have questions, let’s connect.

Are you wondering if the upcoming election will have an impact on the housing market?

07/11/2024

Homeownership continues to top the list as a big part of the American Dream.

A recent Bankrate survey found that 78% of people rank it above other milestones like retirement and career success.

Why? Security and wealth-building. A fixed-rate mortgage keeps expenses stable, and as you pay down your mortgage, you build equity and financial stability.

Let’s make your homeownership dream come true.

07/10/2024

Searching for that perfect home?

You should know, that no house is ever truly perfect. There’s always going to be something you’d like to change.

It’s time to consider the potential instead of holding out for perfection.

A house that needs a little elbow grease could be a hidden gem.

With an open mind and an expert guide, we’ll find the right home for you.