Friday, April 3, 2015 / by Geri Waterman
Pickerington OH School District Average Sold price is up 1.31% from the end of 2014 for a Single Family Home
The Pickerington Ohio School District Real Estate Market average sold price is up 1.31% already from the end of 2014and up 5.57% from 2013. It's definately a sellers market out there. According to Supply and Demand when Supply is low and Demand is high that drives up the prices. Our inventory here in Central Ohio is at an all time low. If your looking to sell right now is the best time. Your competition is low. If your waiting to put your home on the market later this month or May, June the competition will increase and there will be more to choose from. There are ready, willing and able buyers out there right now activily looking to purchase a home in all price ranges.
Interest rates are looking to increase sometime in June 2014 with an over all increase by the end of 2014 with a three quarter of a percent. Your probably wondering what will that do to my payment?
30 year fixed rate mortgage
3.0% 3.75% 4.0%
$100,000 $422/m P&I $463/m P&I $477/m P&I
$125,000 $528/m P&I $579/m P&I $596/m P&I
$150,000 $633/m P&I $695/m P&I $716/m P&I
Remember that only includes Principal and Interest, you still have to consider Property Taxes, Homeowners Insurance and Mortgage insurance.
If you are thinking of buying a home today is the time to buy if you should have any questions, you can contact me at email@example.com.
Have a GREAT day, keep SMILING and I will chat with you soon.