Central Ohio Real Estate Market News

Entries categorized as ‘Delaware County’

Real Estate Design Trends

November 21, 2008 · 2 Comments

Katherine Slant, author of The Brand-New House Book, issued some design trends that coincidentally fit with some the homes I currently have listed.

She said that homes with both a master and a second bedroom on the first floor are popular because they appeal to young couples (2nd BR serves as a nursery); middle-aged couples may put an elderly parent in the 2nd bedroom; and older couples like the design if their sleep patterns differ, making sharing a bedroom more difficult. See my Worthington listing that matches this description, plus it has 2 more large bedrooms upstairs with dormers and skylights.

Another design trend on her list involves offices. She said the newest variation of the home office is a completely separate office space, connected to the home by a hallway or a breezeway. See my Galena listing that has this type of private office with an exterior entrance in addition to the connection to the home.

Per Slant, kitchens are getting smaller, but they’re connected to larger dining areas, often with a center island where family members can sit while they have an informal meal. My Worthington listing (see above) has this arrangement, as does my listing in Stratford Woods.

Oversized family rooms with high ceilings are giving way to smaller, cozier rooms with lower ceilings. Again my Worthington listing matches this as does my listing in Brookfield Village in Hilliard.

Slant says that home theaters have lost much appeal because people don’t want to watch TV in a separate area. TV viewing is more informal with people doing other things while the TV is on. My listing in Stratford Woods has this floor plan as well as a finished basement for “real TV watching”.

So if you’re interested in buying a TRENDY home, I’ve got you covered. Just pick the trend you want, and I can help you buy it. Of course, you knew I’d say that didn’t you!

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Categories: Buyers · Central Ohio · Delaware County · Delaware Ohio · Franklin County · Galena Ohio · Hilliard Ohio · Homes · Homes for sale · Worthington Ohio
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Delaware County residents get CodeRED Reverse 911

November 13, 2008 · No Comments

Last summer, Delaware County called residents to notify us of a tornado warning, as part of their CodeRED® Reverse 911 warning system. I don’t recall getting such a call when Hurricane Ike’s winds came through, of course, those winds lasted for six hours and damage just kept building up and up.

The CodeRED® system is programmed to call phone numbers that are currently in the phone directory system. It can call up to 60,000 lines per hour. It can also be programmed to just call only those homes that might be in a tornado’s path. It will also be utilized if there is a hazardous material spill, or some other major emergency.

In a Delaware General Health District newsletter that we just received, we can now go to their web site to sign up for calls to be delivered to alternate phone numbers, such as our cell phones. When a call is determined to be needed per our home address, the system will automatically call BOTH numbers.

If you’ve changed phone numbers, don’t have a land line, or want your cell phone called as well, it might be a good idea to make sure your info is correct. Sign up on their web site at www.co.delaware.oh.us. I did it and it was very simple. Well worth the peace of mind.

Copyright © 2008. Reproduction of any portion of this blog post or the images is prohibited by the Digital Millennium Copyright Act. If this post is being viewed on any site other than www.ReesesPiecesOfRealEstate.com then the material has been stolen without permission. Violators will be reported.

Categories: Central Ohio · Delaware County · Homes · Safety
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Will an appraiser sabotage your mortgage?

October 27, 2008 · 4 Comments

I just received a phone call that really disturbed me. I often get calls from appraisers asking questions about the past homes I’ve sold. They make these calls to listing agents when they are doing comps for a lender who is in the process of approving (or not approving), a mortgage for a buyer. The buyer will be paying the lender for this appraisal and hopes that it is accurate.

This particular appraiser was asking about a luxury condo I recently sold in Golf Village (Powell). I began asking her questions, because I know these appraisals can be flawed. She mentioned that she was unfamiliar with the complex and builder of my sold listing. She said she was also unfamiliar with the builder and the community of the condo for which she was doing the appraisal.

So WHY is she doing the appraisal!

Here are the issues that are are going to impact the quality of her appraisal:

  • One error dealt with the two builders. Her appraisal was being done for a Bob Webb condo. The Webb family has one of the best local reputations for high quality building construction of their condos, patio homes and single-family homes. Realtors® often use “Webb built” in their MLS remarks section. While my listing was built very well, and was a luxury condo, the Webb name itself can add $$$$ to the price. (”Gee, I didn’t know that!”)
  • The condo she was appraising is located several miles away from my listing. It’s too many miles to use as a comp. Same school system, but different schools, different city mailing address and different zip code.
  • The condo being appraised is located in a township whereas mine was in a city with an extra PUD tax assessment and an income tax. So there is a difference to the property tax rate as well as whether an income tax is charged. This could make a big difference to a retiree with no earned income. That can affect the price the retiree is willing to pay. The appraiser had no knowledge of this difference. (”Gee, I didn’t know that!”)
  • My condo sits on a golf course whereas the condo being appraised is in a more family-oriented neighborhood near a large park. Totally different setting. (”Gee, I didn’t know that!”)

The more I spoke with this appraiser, the more troubled I became. To say she was “clueless” is an understatement. I told her that if she used my sold listing as a comp, that her BPO would be worthless and VERY unfair to the buyer. She said she didn’t know what to do because she couldn’t find other comps.

So why not just explain that to the lender rather doing an error ridden appraisal!

I’ve often wondered how appraisers are able to make an accurate judgement on the price/value of a home a buyer is wanting a mortgage for, because seldom have they been in the homes they are comparing. They have no knowledge how buyers perceive certain features/upgrades in the home because they don’t interact with buyers. This is also a concern for sellers who are refinancing because the same type of appraisal is done as part of that process.

If this appraiser doesn’t change her BPO, there’s a chance that the home being appraised won’t comp out because there could be up to a $100,000 + difference … not exactly chump change. If it doesn’t comp, then the builder or the real estate agent in the transaction will have to spend time disputing the appraiser’s ”findings” and trying to convince the lender to disregard that report or have another appraiser do a 2nd opinion.

Buyers, if your chosen home doesn’t comp out, don’t be afraid to challenge it!

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Categories: Buyers · Central Ohio · Condos, patio homes · Delaware County · Delaware Ohio · Golf Village, Kinsale · Golf course communities · Home buying process · Home prices · Homes · New home builders · Powell Ohio
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Zoom … Zoom … SCREECH!

October 20, 2008 · No Comments

In August I wrote about the city of Delaware evaluating the option of allowing golf carts to be driven on some city streets in order to save gas.

Well, the verdict is in. The little carts hit a brick wall. They weren’t approved because they don’t have seat belts and they only have rear brakes which makes them easier to spin out.

Don’t believe it? Just watch America’s Funniest Videos for funny clips of people being thrown out of them.

Guess the Delaware folks will have to stick with bicycles to save gas money.

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Categories: Central Ohio · Delaware County · Delaware Ohio · Transportation
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Do you rely on political polls to make up your mind?

October 13, 2008 · 2 Comments

Polls! Polls! Polls! Are you confused about what you hear or read in the media? One poll says that so & so is leading. Another poll reports just the opposite. In January, I wrote about the need to be careful in interpreting what the Talking Heads TV news anchors are saying and the spin that they try to put on events. To say that the media has influenced this presidential election is an understatement.

In yesterday’s Columbus Dispatch, there was yet another example. The headline read: “Obama,McCain in a dead heat in new state poll”. The secondary headline read: “Republican’s September lead disappears amid Wall Street meltdown, credit freeze“.

To get the real skinny on this poll, you would have had to read down to the 4th paragraph, where you would learn that this poll was based on the opinion of 876 LIKELY VOTERS. Now there are millions of potential voters in Ohio. Are we to trust that these 876 are “statistically representative” of those millions? And what does the word “likely” mean? Does it merely mean they are registered, or does it mean these are people who actually might get in their car and take the time to vote in this critical election? Given recent reports of ACORN voter registration fraud, I’d like to know if these “voters” are legit or fake or have registered multiple times, as is being reported.

In the 5th paragraph, we learn that the survey was done VIA PHONE, commissioned by the Ohio Newspaper Organization (remember newspaper editors/owners have their own agenda). Now I realize that the phone is the easiest and most expedient method to conduct surveys, but is it really a reliable way to judge opinions any more? I know many people who no longer have phone land lines, as they have switched totally to cell phones. Then we must consider the demographics of the person who is willing to answer a surveyor’s questions over the phone without hanging up. With so many reports of identity theft, who are these folks willing to talk to a telemarketer over the phone? Are they truly a representative sample of the general voting population?

In my last post on Fall Colors, I drove through many areas of Delaware County and Union County. I could do my own survey results based on the political signs I saw in people’s yards. Based on that “survey”, I would say that McCain is leading 3-to-1. However, I showed homes in Clintonville last week, and if I based my survey on that community north of OSU, Obama would be leading 3-to-1. Now we all know that neither of my surveys are correct, but unfortunately, they may be about as correct as the one touted in The Dispatch!

I think I’ll wait until Nov 5 to see what the REAL POLL said!

Read more on ACORN and voter fraud here and here and here.

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Categories: Central Ohio · Commentary · Delaware County · Franklin County · Media · Newspaper · Surveys
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Joy riding through the Olentangy River Valley

October 11, 2008 · No Comments

Today was certainly a pretty fall day. The Murph and I were out and about late this afternoon, and with the fall foliage beginning to turn colors, I snapped some photos along the way. We were in the Powell, Dublin and Plain City areas, and although there are tons of homes in these suburbs, they are intersperced with natural areas.

The Murph got to see his first horses. For a change, he didn’t bark at them. Guess he thought “those dogs were just TOO BIG to mess with”. We went by a farm with a bunch of cows by the fence. Murph’s nose was in overdrive as he got a whiff of fresh manure.

Tomorrow is supposed to be an equally pretty day. I recommend taking advantage of it by getting out to enjoy the scenery. It’ll be gone too soon and it’s a long time till March!

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Categories: Central Ohio · Delaware County · Dublin Ohio · Franklin County · Powell Ohio
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Lovely 3BR home for sale in Stratford Woods

October 9, 2008 · No Comments

This new listing is the home you’ve been looking for … lots of space … big fenced backyard … in a popular neighborhood … at an affordable price.

It has many of the features that buyers want such as a vaulted Great Room, loft for a home office, deck for entertaining, a HUGE kitchen with LOTS of cabinets, and a nicely finished lower level. It’s in stellar condition so you can just move right in. Best of all, it’s a way to buy into Stratford Woods below $200,000 with a price of $194,900 for 1904 sq ft in this 3BR home.

Stratford Woods is a terrific location with easy access to Polaris, Powell, Dublin, Worthington or Westerville. For peace of mind, the sellers are providing the buyers with a home and gas warranty.

Other features: Ceiling fans in all upstairs rooms plus the Great Room; easy care laminate flooring; hot/cold water in the garage; kitchen appliances stay; wood playgym can stay or go.

Click to see location map.

Copyright © 2008. Reproduction of any portion of this blog post or the images is prohibited by the Digital Millennium Copyright Act. If this post is being viewed on any site other than www.ReesesPiecesOfRealEstate.com then the material has been stolen without permission. Violators will be reported.

Categories: Central Ohio · Delaware County · Delaware Ohio · Homes · Homes for sale
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Sellers … think buyers will think YOUR home is special?

September 27, 2008 · 2 Comments

With all the economical and financial news this past week, plus, some discussions of the have’s and have not’s, I was curious to see how higher priced homes were faring in sales this year. We know that the lower priced homes are facing more challenges to attracting buyers, but does the same hold true for the upper scale homes where “lack of money” may be less of an issue for potential buyers?

Normally the charts I prepare are for portions of Delaware County and Franklin County. I decided to use the ENTIRE MLS system for this review since some of the more expensive property may be located in outlying areas where ample land can ensure privacy. I also included condos … not just single-family homes … because there are some luxury condos being sold both in Powell as well as downtown Columbus high-rises. I wanted to know how buyers were spending their money regardless whether it was in a regular home or an easy-care condo or patio home.

This graph shows the NUMBER of homes SOLD by price range between Jan to today’s date.

Obviously, there are a lot fewer buyers buying this year than last, and remember this is for ALL the counties surrounding Franklin County where Columbus is located. Strangely the average price within each price range hardly changed from one year to the next. In other words, the average price in the $200-299K range was $241K for both years … there were just 62% fewer buyers.

Now back to the original premise of my purpose in doing this review. What’s happening in the luxury market?  I think the graph shows that upscale people are having the same thoughts as the “common folk”.

If your home is for sale, this should be a wake-up call to make sure your home is in absolute top-notch condition and priced right because your competition is fierce for the much smaller pool of buyers. I could also say that your choice of a Realtor® is very important as well to make sure your home receives the most exposure with the best photos … but then I hope you already know that! :-)

 

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Categories: Buyers · Central Ohio · Columbus Ohio · Delaware County · Franklin County · Home prices · Homes · Homes for sale · Housing stats · Powell Ohio · Sellers
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Houses for sale … that are dog-friendly.

September 21, 2008 · 6 Comments

THIS POST IS WRITTEN BY GUEST WRITER … THE MURPH.

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There are DOG HOUSES, then there are HOUSES FOR DOGS. The first kind are dank, cold, uncomfortable fixtures in the backyard. Heaven forbid, I’m not talking about THAT kind of “dog house”. The kind of dog house I’m writing about are the kind that we share with our humans. The warm kind with lots of soft furniture for us to rest.

In February, Mom wrote about homes that might not sell because they are NOT dog friendly. Well, my fellow 4-legged friends need to know about homes that would be great fun for US to live in. So here’s my review of the homes Mom still has for sale that are dog-friendly.

This first home has a yard that a little guy like me or a medium-sized dog would like. (that’s me in the photo) It has a sun room where we would have easy access to the back yard from the kitchen. The sun room would give us a chance to wipe our paws just in case we get them dirty.

If we get too dirty or when it’s time for baths, there’s a big laundry room with a deep sink and counters for drying time.

There’s a chair-height breakfast bar that is the perfect height for begging for human food. After coming in from the cold and after our tummies are full, we can plop down in front of the brick fireplace to warm our toes and chase rabbits in our funny dreams.

If your human likes to take you for long walks or runs, the Antrim Park is a short car-ride down Olentangy River Rd. At this park, you can walk, run or maybe take a swim if you’re so inclined. I’m not too big on that - my legs are too short. Read more of Mom’s stuff on this home.

Calling all goldens, labs, poodles, boxers, and almost any other kid-owning dog … this is YOUR home. There’s a big deck for lounging in the sun. The fenced yard is perfect for playing fetch or Frisbees. No need to worry about the kids running away while you’re babysitting them.

There’s LOTS of dogs in this neighborhood, and they take their humans for walks in the evening, so you’ll have ample opportunity to meet, greet, and sniff.

The upstairs of the home has 4 bedrooms so it will be an easy jaunt during the night to move from one bed to another. That way all your humans will feel privileged to be graced with your presence. Read more of Mom’s stuff on this home.

Big dogs and hunting hounds will be thoroughly entertained in this yard. It has something for everybody … like a Disney World for Dogs! With 3 acres of land, the big guys can run in the flat front yard or get their cardio exercise running up and down the ravines in the back. The hounds can follow their noses to track rabbits and squirrels and what ever else needs investigation.

There’s even a small stream (which sometimes has water) for the water-lovers. It’s the right size of water for guys like me with the short legs - no big waves!

There are 3 decks and 3 patios on all sides of the home, so lounging in the sunshine won’t be a problem. For the senior citizen who may not be as nimble, there are walking trails and steps from the home down to the ravine, making it easier for an older dog to still have fun and recall their sprightly youth.

During the cold weather, there is a wonderful wood stove in the 2-story great room that will toast your tummy in fine order. If your humans allow, there are soft built-in couches close to the stove to enhance your ultimate comfort. Also, there are 5 doors to the outside and numerous dog-height windows, so no matter where you are in the home, you can put your nose prints on some glass. Read more of Mom’s stuff on this home.

Now, go tell your humans you want to check out some homes today … just as soon as you get up from your nap.

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Categories: Buyers · Central Ohio · Delaware County · Delaware Ohio · Dog Tails · Franklin County · Galena Ohio · Homes · Homes for sale · Worthington Ohio
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Pay a gas tax or have the gov’t track your GPS?

September 18, 2008 · 2 Comments

Every quarter the Delaware County Engineer (Chris Bauserman), sends out a newsletter to residents. It’s handy to read up on the planned improvements.

  • Construction on the Orange Rd bridge (between Rt 315 and Rt 23) will begin this fall and projected to be open to traffic next summer. Then work will begin on a roundabout on Rt 315 to connect the rerouted Orange Rd with Carriage Rd.
  • Construction of the remaining half mile of Sawmill Parkway to Hyatts Rd will begin this fall as well. It will be open to traffic August 2009.

Those are the usual type of updates that are discussed. However, there was another article that was a little more disturbing. The article discussed gas taxes and highway user fees. Now many of us have heard of funding problems with the Highway Trust Fund and the lack of money available for our aging national infrastructure. That came to the forefront when the bridge in Minneapolis collapsed.

Apparently discussions are being held on ways to fund future construction and maintenance of the nation’s highways. Raising the gas taxes is, of course, one means. Another is something the Engineer referred to as a “direct user fee“. Here’s what the article said:

… implementation of more “direct” user fees, such as installing GPS receivers in vehicles and charging per mile driven, and “congestion pricing” with higher fees charged at peak travel times and locations. The “direct” fee concept has been successfully tested in the state of Oregon on a small scale.

If consumers switch more to hybrid cars that use electricity rather than gas, or if people reduce their driving, then it stands to reason that fewer funds will be generated from gas tax money even if the taxes are increased.

What bothers me about the GPS method is that the government will be tracking it. I don’t lead a secret life and am not ashamed to have anyone know where I drive, but I just don’t care for yet another invasion into my life. Good grief, it’s bad enough that Google is taking photos of our streets for the world … and the bad guys … to see. I just don’t think the government needs to know how many times I stop at DQ for a mocha moulatte. GEEZ!!!

What are YOUR thoughts on this?

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Categories: Central Ohio · Delaware County · Transportation
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Category 1 Hurricane hits Central Ohio

September 17, 2008 · 4 Comments

DAY ONE - Sunday

Well, now central Ohio doesn’t usually get hit with hurricanes. Whenever hurricanes hit Texas, we often get the remnants as heavy rain and some strong winds. Sunday was different. In addition to Ike’s winds, there was a cold front overhead with 110 mph winds. When the two mixed together, we ended up with 75 mph winds that lasted from around 3:00 in the afternoon until around 8:30 in the evening. Nearly 6 hours of that wind force is bound to do quite a bit of damage.

Lots of downed or split trees as the wind often pulled different sides of the trees in opposite directions. My neighbor’s street tree split off a large limb and it is laying in both our yards. Lots of damaged roofs. Cars smashed when trees fell on them. And nearly 500,000 AEP users out of electricity here in central Ohio. Over two million without power in all of Ohio. The governor declared a state of emergency since 84 of the 88 counties were impacted by the storm.

My brand new roof with shingles guaranteed up to 80 mph made it through in good shape. Not so, for many of my neighbors. In addition to losing large sections of shingles, some lost siding and one home behind me had a 20 ft section of gutter banging against the side of the home.

Many were unprepared for the storm as only strong winds were forecast. The Murph and I spent Sunday evening sitting in candlelight while I worked on my laptop for the hour or so that the battery lasted. I plugged my cell into my car to charge it up, but didn’t have any such accessory for the laptop. After checking in with my kids to make sure they were all OK, Murphy and I went to bed since there wasn’t anything else to do.

DAY TWO - Monday

The first thing I needed to do was to check on my listings to make sure they were OK. A couple had trees down but no damage to the homes. None have electricity. Thank goodness it’s not raining so we don’t have to worry about the sump pumps not working and flooding finished basements.

I was most concerned with my Worthington listing since Worthington with all its big old trees was hit pretty hard. On the way to my Worthington listing, I happened to  pass my office manager’s home. A very large neighbor’s tree is now resting on the back of their home. It was awful. Thankfully, they’re OK. My listing was OK … just a lot of debris that will need to be cleaned up.

Getting gas was a challenge. Many stations didn’t have electricity so those that did had lines of cars at the pump. I got into line and was about 3rd from the pump when they ran out of gas. Batteries were in short supply and ice was not to be found. Since we really didn’t have a warning that the winds would be this bad, people simply weren’t prepared.

I purchased an adaptor to recharge my laptop using the power supply in my car. I bought the last battery powered AAA weather alert radio/TV at Radio Shack. Now at least I can listen to something in the dark evenings. I also bought more candles and had to buy another flashlight in order to get DD batteries. At the grocery, I bought food that doesn’t need cooking. Did you realize that a lot of unhealty, but really good food doesn’t need cooking. ;-) Oh, well, I’ll worry about that diet later!

My Worthington office doesn’t have phones or electricity, so I spent a few hours at the Powell office gathering email, and doing necessary computer work for the homes I have in-contract.

AEP has reportedly called back most of the crews they sent to Texas to help out, plus, they’ve requested help from nearby states.

During the early evening hours, instead of listening to the sounds of birds, I heard the humming of generators and the razzey sound of chain saws. Other neighbors were cooking food on the grill to use it up rather than having to throw it out. Still other neighbors were walking their dogs and checking to see how fellow neighbors were coping.

At night, The Murph and I sat by candlelight again, but at least this time I had a radio to listen to. When it came time to go to bed, I noticed that my waterbed was no longer toasty warm. Yes, it’s one of the original kind - don’t laugh - bought back in the mid 80’s. I love my warm, comfortable waterbed but it’s not too comfy when the heater doesn’t HEAT! 

DAY THREE - Tuesday

News reports are saying that my area won’t get electricity restored until Sunday night. We’re hoping that they’re just saying that to prepare us for the worst. The accessory cord I bought for the laptop works fine but still the battery only lasts for a little over an hour. I may end up sitting on a chair in my garage with a cord plugged into the car. Could be a new kind of office.

I don’t have wash ‘n’ wear hair, so yesterday I bought some foam curlers in all sort of pastel colors. When I checked out at the grocery, the cashier looked at the travel pack and asked me what “those things” were. She was young with long straight hair so she wouldn’t understand. ;-) So, today I have a hair-do that LOOKS LIKE it was curled with sponge rollers. Oh well, better than flat hair!

The Worthington office is still without phones or electricity, so I went into the Powell office to handle the work. One thing I noticed was that traffic moved better through the stoplights that DON’T work than through the stoplights that DO work. Some of the agents said they are now staying with relatives who’ve had their electricity restored. There was the usual discussions of how we’re handling inspections without electricty in the home and some were dealing with insurance repair estimates to be held in escrow until after closing.

No matter what our own homes are like, we still need to meet the due dates of contracts.

When I got home in the evening, I had a nice surprise … my neighborhood’s electricty was on. There are now 16,000 homes in Delaware County without power. On the way home, I saw a crew from another state working on a transformer at Home Rd and Liberty Rd. Thank you to whatever state they were from.

DAY FOUR - Wednesday

I’ve been on the phone a lot so far today. People are starting to regain electricity, but still others will have to wait for the weekend. I’ve spoken with a couple agents I’m co-oping with and they either can’t retrieve their email via their broker’s system or they don’t have an office with electricity to get faxes and no fax in their home. We’re trying to work through it though and to stay in communication via our cell phones. One agent I spoke with “forgot” she had a landline she could use when her cell battery died. I did the same thing. We get so accustomed to carrying on our business the “new” way that we forget how to use the “old” way!

Delaware County is now down to 11,000 without power. The treed areas of Worthington are still not projected to have all power restored until Sunday. I spoke with another person in my office who said that in addition to the tree on our manager’s home (which will require a crane), one of the agents has a tree on parts of her home as well.

So far, people are trying to be cooperative and maintain good spirits, but you can tell by their voices that the situation is wearing their nerves a little thin. We are all SO thankful that the weather is cooperating. The mild temps allow us to be comfortable without AC or heat.

Copyright © 2008. Reproduction of any portion of this blog post or the images is prohibited by the Digital Millennium Copyright Act. If this post is being viewed on any site other than www.ReesesPiecesOfRealEstate.com then the material has been stolen without permission. Violators will be reported.

Categories: Central Ohio · Delaware County · Delaware Ohio · Fix-ups · Franklin County · Home selling process · Homes · Powell Ohio · Realtors® · Sellers · Worthington Ohio
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Delaware County Auditor gives us some interesting news.

September 12, 2008 · No Comments

Yesterday the residents of Delaware County received a brochure from Todd Hanks, the county auditor. It included some nice graphics showing the source of county income and another graphic showing where the money is spent. The two largest sources of income were sales tax (50%) and property taxes (29%). The largest expenditure was for Public Safety at 30%.

There were other financial reports, but also some interesting stats for the county that we don’t often see all in one place.

  • The 2007 jobless rate averaged 4% versus the state average of 5.6%. That’s good news.
  • Per the U.S. Census Bureau, the county population increased by 244.5% from 1990 to 2008. In 1990 the population was 66,929. In 2008, it is estimated at 163,645. We’ve know for a few years that Delaware County was the fastest growing in the state.
  • The assessed value of Real Property went from $1.8 billion in 1996 (payable in 1997) to $5.9 billion for 2007 (payable in 2008). That’s the value of the land plus the buildings on the land. I would have calculated the percent change, but my lowly home calculator doesn’t do BILLIONS!

If you need more info on Delaware County, here are some of the more common web sites for information:

Copyright © 2008. Reproduction of any portion of this blog post or the images is prohibited by the Digital Millennium Copyright Act. If this post is being viewed on any site other than www.ReesesPiecesOfRealEstate.com then the material has been stolen without permission. Violators will be reported.

Categories: Central Ohio · Delaware County

A day in the life of a Realtor®

September 4, 2008 · No Comments

I’m sure people sometimes wonder what a Realtor® does all day long. Many just think all we do is open doors for buyers and then make a whole bunch of money. Yeah, right!

Well, one of the nice things about the job is that everyday is different. There are NO typical days. We may plan a “to do” list in the evening for the next day, only to have the day completely changed due to an early morning email or phone call. Getting a contract in on a listing can change everything, since contracts take priority.

Carole Cohen, Cleveland, wrote about one of her days recently.

Paula Henry, Indianapolis, ask a question about how far Realtors® drive when working with buyers or taking listings. Based on the comments, it seems that agents who work in downtown urban areas seem to drive very little distance from their home. Agents who work in more rural areas must drive far more miles.

Yesterday happened to be the type of day that I refer to as “errand travel” days. Those are the days that I plan to complete several real estate tasks and of course, with the price of gas, I plan my route accordingly. I often refer to driving from one side of southern Delaware County to the other. Well, yesterday I did that PLUS I had to go down the east side of Franklin County as well.


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My day began with a visit to the Verizon store in Lewis Center because a piece broke on my bluetooth headset. Then over to a new development off Maxtown Rd (Westerville) to check the lot location of a spec home. Then to a listing in Galena to put an Open House sign strip on the yard sign. I took the scenic route south to Gahanna (through New Albany) where I had more investigations to do for a buyer client. Then further south to Blacklick to discuss the results of the investigations with the builder’s rep. I’m trying to get a price reduction on a new-build now that the builder has reduced prices on current inventory so I need FACTS.

Received a call that a security system was malfunctioning on a listing - so north to Worthington to look into that problem. The alarm was blaring while the poor showing agent was talking to me. I felt her pain as I did that ONCE. Problem solved, so next stop is to my office in Worthington to make copies of some paperwork for the office files.

Last on the ‘to-do’ list were some personal stops, the most important was to get The Murph more HeartGard medicine at his vet in Powell before they closed at 7:00. Gotta keep the little guy healthy!

Now wasn’t that day about as exciting as watching paint dry! :-) Oh, BTW, I put about 75 miles on the WEENR-mobile and didn’t make $1.

Copyright © 2008. Reproduction of any portion of this blog post or the images is prohibited by the Digital Millennium Copyright Act. If this post is being viewed on any site other than www.ReesesPiecesOfRealEstate.com then the material has been stolen without permission. Violators will be reported.

Categories: Buyers · Central Ohio · Delaware County · Franklin County · Galena Ohio · Home selling process · Lewis Center Ohio · New home builders · Powell Ohio · Real Living HER · Realtors® · Sellers · Transportation · Worthington Ohio
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10 Yrs of Home Prices in Delaware County

September 2, 2008 · 4 Comments

In June, I recorded the 10-yr average of home prices for Delaware County through May. Now that we’re through the summer months, I’ve updated it.

This chart shows the average price for single family homes that were sold between Jan 1 thru Aug 31 for each of the years. The red bars represent those average prices that are equal to or higher than the current average price this year in 2008. People who purchased their home in the “red bar years” may have difficulty selling their home for more than they paid for it.

The striped bars represent the averages for Southern Delaware County. The solid colors represent the northern half of the county including the city of Delaware.

The difference between the ‘98 average and the ‘08 average for the southern part of the county is a 27% increase. For the northern portion, it’s a 30% increase. Those are respectable conservative growth rates for a 10-yr period.

This next chart below shows the number of homes sold in both segments of Delaware County. As you can see, there has been substantial growth in southern Delaware County. Keep in mind, this data only includes sales recorded in the Columbus Board of Realtors® MLS system. It does not include new-builds purchased directly from the builders unless the homes were spec homes.

As both these charts show, both prices and units sold are substantially higher than they were 10 years ago. Yes, there is a slight decline for this year, but it IS slight. It also reinforces the need for sellers to have their homes priced right to achieve a sale.

Copyright © 2008. Reproduction of any portion of this blog post or the images is prohibited by the Digital Millennium Copyright Act. If this post is being viewed on any site other than www.ReesesPiecesOfRealEstate.com then the material has been stolen without permission. Violators will be reported.

Categories: Central Ohio · Delaware County · Home prices · Homes · Housing stats
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Bambi and I didn’t connect … fortunately!

August 25, 2008 · No Comments

In the last two weeks, I’ve had the crapola scared out of me three times while driving in the evenings … and it’s not even October yet. Delaware County has a large deer population. It’s a particular problem for the southern portion of the county due to the population growth (lots of new homes) intruding upon their space and concentrating them to fewer and fewer wooded areas.

All three times, the deer ran across the road just ahead of the WEENR-mobile, missing a crash by just a few feet or yards. The first time I was on Big Walnut Rd and about 5 deer ran in front of me. The next time, I was on Home Rd, and was alerted a little in advance by a car going in the opposite direction who flashed their headlights. The last time was on Rt 23, where there are ALWAYS lots of deer laying by the side of the road. This time was the closest call and I missed hitting the deer by only a few feet. Fortunately, it was running fast!

Being an animal lover, I feel sorry for them because they are such gentle animals with those big brown eyes. Guess I watched Bambi too many times as a child. But I understand other people’s frustrations who own property that gets damaged by feedings because their populations have increased so much. And of course, encounters with vehicles causes large monetary losses, including some loss of human life. It’s a tough call as to how to handle the issue with strong opinions on both sides.

Copyright © 2008. Reproduction of any portion of this blog post or the images is prohibited by the Digital Millennium Copyright Act. If this post is being viewed on any site other than www.ReesesPiecesOfRealEstate.com then the material has been stolen without permission. Violators will be reported.

Categories: Central Ohio · Delaware County · Galena Ohio · Lewis Center Ohio · Powell Ohio · Transportation
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