The Market

46% of Columbus Sellers Are Dropping Their Price

The Sell for 1 Percent team unpacks a complicated market where nearly half of local sellers—46% to be exact—are dropping their prices. Despite tame inflation numbers, mortgage rates are creeping closer to seven percent after a new Fed governor’s comments spooked the bond market—highlighting how national sentiment and even global conflict can influence local affordability. For Columbus homebuyers, this creates a tale of two markets: plenty of options if you’re looking for sweat equity, but fierce competition for turnkey suburban homes as families rush to buy before school starts in mid-August.

Watch the full video on YouTube: https://youtu.be/LZ0ziDeyORg