Source: 10 WBNS —
COLUMBUS, Ohio — Columbus real estate agents say the market isn’t slowing down anytime soon, even with the high price tags and high interest rates.
To complete in today’s market, buyers have to get creative and make some compromises.
Real estate agent Gary Cooke says a house could be sold on the market within three days and most are well above what buyers were paying even back in 2018.
He says first-time homebuyers have adapted to the high interest rates, because they don’t know any better, but the market is very tough right now to compete.
“It’s a quick supply, meaning that with our buyers, we tell our buyers all the time, if you see a house that’s coming soon, let us know so we can schedule a showing right away,” Cooke said.
He says areas with more affordable housing include up and coming residential spots like Forest Park, Southern Orchards and Franklinton.
“You go into the suburbs and it’s just… it’s insane,” said Cooke. “All of them, I mean Worthington, Westerville, Dublin, Reynoldsburg, Pickerington, Hilliard, I mean everything.”
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