Media Effect on the Columbus Real Estate Market


Church Steeple

Upon returning from a long-weekend vacation in Quebec City (some pictures of Quebec City are included), I glanced at the stack of newspapers that had accumulated from the 5-day trip.  As I was attempting to read the local newspapers (The Republic -  http://www.TheRepublic.com) that had accumulated during our absence, I was struck by the fact that my mood was so improved by some optimistic headlines that had appeared regarding Cummins Engine Company jobs, the start of the construction for the long awaited Commons in downtown Columbus and the plan under consideration to build a new condominium project also located in downtown Columbus.

A statue on the square

Statue on the Square

The national news media has been focused on signs that the recession could be ending.  Locally, we are seeing signs that the economy is improving; we are seeing more traffic on our websites, more inquiries

Sidewalk Cafe on the Square

Sidewalk Cafe on the Square

on our listings and agent showing activity has definitely increased!  As the interest rates remain appealing, it is our hope that the pent-up demand that we have been waiting for may in fact be surfacing.

As a real estate company, we have been sensitive to the frustration of sellers who need to sell quickly when “selling quickly” hasn’t been the reality.  We have talked about positioning a property to distinguish it from the others within a price range to make it stand out, increasing the appeal to possible buyers.  

We are continuing to work tirelessly to create the programs, increase the marketing efforts to attract the buyers for this is truly an excellent time to buy.  We are educating on the up to $8,000 1st Time HomeBuyer Tax Credit and the need to act now to take advantage of the program requiring closing on the property before December 1, 2009.

Gorgeous scenery

Gorgeous scenery

 


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