The Columbus Board of REALTORS® has spoken about November 2010 home sales in Central Ohio. The News which was posted Tuesday, December 21, 2010 on CBR website and emailed to members (and the media?) on Thursday December 23, 2010... CBR News titled: "November home sales down from last year -- but up from 2008"
says:
“Sales in November of 2009 were inflated as they reflected buyers trying to close on a home purchase before the expiration of the first 1st-time home buyer tax credit,” says CBR President Sue Lusk-Gleich. “Although the tax credit was extended (and expanded) in early November, many buyers had rushed to put a home in contract prior to that decision.”
“As November of 2010 and November of 2008 were both months unaffected by a tax credit incentive, it’s probably a better comparison.”
Huh? Really? Wasn't there a First Time Home Buyer Tax Credit in 2008? A different one... just for first time buyers...
Here's a great chart on Leticia Stevens (a Wilmington, Delaware real estate agent's) blog... best chart I've seen.
2008 Tax Credit / 2009 Tax Credit / 2010 Credit - Comparison
Thanks Leticia! Yes there was a tax credit in 2008. As successful as 2009 or 2010 which ended in April? If the Columbus Board of REALTORS® is saying we are doing well in comparison this year and November 2008 was "unaffected by a tax credit incentive" but it was... we are doing better than we think if we don't remember buyers were getting a tax credit incentive.
More about Columbus Ohio real estate markets - November 2010
"The Columbus Board of REALTORS® Multiple Listing Service (MLS) serves all of Franklin, Delaware, Fayette, Madison, Morrow, Pickaway and Union Counties and parts of Champagne, Clark, Hocking, Licking, Fairfield, Knox, Logan, Marion, and Ross Counties. " I don't.
Columbus, Ohio 43202 home sales
Columbus, Ohio 43214 home sales
Columbus, Ohio 43235 home sales
Dublin Ohio Home Sales Wait Dublin is missing... I never posted Dublin? I will. I know I wrote it....
Olentangy Local School District Home Sales
Columbus Board of REALTORS MLS home sales - November 2010, my analysis of single family sales earlier in December for the whole MLS, "all of Franklin, Delaware, Fayette, Madison, Morrow, Pickaway and Union Counties and parts of Champagne, Clark, Hocking, Licking, Fairfield, Knox, Logan, Marion, and Ross Counties."
Above are all for single family. The boards "News" includes condos...
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Information is deemed to be accurate but should be verified to your satisfaction. Information provided herein is supplied by several sources and is subject to change without notice. Opinions expressed are solely those of Maureen McCabe.
