Beautiful 1890′s German Village Area 2 Story Brick. Loaded with original features: hardwood floors, decorative brick fireplace, exposed brick and french doors. Spacious and bright rooms, high ceilings, good closet space, updated kitchen and baths, first floor laundry (with stacked washer & dryer), second floor open area perfect for study or sitting area. Great location that’s “walkable” to Schiller Park, German Village Area shops and restaurants and much more.   View 309 Reinhard Ave Flyer View listing details and more photos.

SOLD FOR 94% OF LIST PRICE.  3 Bedroom/ 2.5 Baths/ 2,057 Sqaure foot Condo. Beautiful new condo conversion. First floor offers a huge open floor plan with hardwood floors, large kitchen with granite countertops and stainless steel appliances. 2 full baths upstairs featuring custom tile and a 3rd floor bo- nus room. Walk out basement can be finished to add additional square foot- age.

Beautiful 1920′s 2.5 Story Brick. Loaded w/ orig. wdwrk & hrdwd flrs, bright & spacious rooms, dec. fireplace, eat-in kitchen w/ new ss appliances (gas range), 1st flr half bth, 3 generously sized br’s, spacious full bath, 3rd flr walk-up to large finishable attic, beautifully landscaped & priv backyard & much more.

View more details here.

The Big Real Estate Trends of 2012

When we asked for anticipated trends of 2012, we quickly saw patterns emerge among the predictions of our local experts and consultants. Short sales, rental investments and urban amenities were the most prevalent.

“The tea leaves are showing several things”, says Thomas Fortin, an investment realtor and developer. “2011 will see lackluster sales of single family homes and condominiums priced over $250,000. There will be some moderate demand for select areas and price points under $200,000. There will also be increased demand for upscale residential rentals, yet further decline in deteriorating communities. And lastly, we’ll see more existing homeowners remodel to fit changing residential needs.”

To further understand what lies in store in 2012, a reflection of last year’s market is warranted.

“As the Columbus real estate market continues to readjust to a new normal, and while we’ve fared far better than most other Midwestern cities, the short sale will be the most significant trend in real estate in Columbus in 2012,” states Joe Peffer, broker in charge at Re/Max Town Center.

On Dec. 31, 2011, 14 percent of homes for sale in Columbus were listed as short sales, and Peffer expects that trend to continue into 2012. Additionally, 28 percent of the 839 homes listed as “in-contract” on Dec. 31 and in the process of closing in January were listed as short sales.

“That’s almost as many homes that sold as short sales the entire 2010 calendar year,” he explains. “In 2012, I predict that one out of every three Columbus homes will sell for less than what the home owners owe their lender.”

Todd DeHays, an agent with Connect Realty, says that more properties have made it through the sheriff sale process recently, which will be sold on the market as bank owned properties in 2012.

“The foreclosure supply should increase throughout the first half of 2012 due to the decreased supply in 2011 from the moratorium on foreclosures that was executed by lenders in 2010,” he explains. “Prepare to see some creative efforts on behalf of banks to sell or utilize their extra inventory in the form of lending incentives and possible use as rental property.”

Real estate investors looking to enter the rental investment market in Columbus will be able to easily do so in 2012 due to rising lease rates and the historically low interest rates on mortgages.

“The rental market stands out more to me from the last year because  it seemed like people were more desperate to find a rental and there was a lot more people looking for them,” says William Robbins of the Gledhill Robbins & Talis Group at Real Living HER. “The Columbus metro neighborhoods will continue to be desirable, for both renters and home buyers, for their historic qualities and easy accessibility to all Columbus destinations.”

Read the entire article

57 Days on Market for 99% of List Price!

A unique opportunity for new construction living in a Historic neighborhood. This spectacular 1925 square foot German Village Area home leaves nothing to be desired, with an open floor plan, generously sized rooms and exceptional quality finishes throughout. New Construction by Fairfax Homes.

Original List Price $209,900, Sold Price $222,247.

Complete renovation of an existing home in Schumacher Place. Featuring: hardwood floors on 1st floor, desirable open floor plan, stainless steel appliances, wine cooler, cambria/ quartz counters, expresso finished oak cabinets, 1st floor half bath, 2 large bedrooms, 2 full baths.1BR has vaulted ceiling, other BR has 2nd story deck, Carrara marble vanity tops in baths, heated tile floors in master bath, fenced yard, new 2 car garage and much more.

Completely charming home in Upper Arlington sold as a Short Sale. After 4 offers, patience pays off, the buyers were able to get the home in under 60 days from the original offer at a GREAT price!

Remodeled 2 story Upper Arlington home. Updated kitchen with new cabinets, granite countertops, hardwood floors, fireplace, large Master Suite w/ vaulted ceiling, Master bath, lots of closet space, finished lower level, screened porch, paver patio, large fenced yard and more.

Beautiful new condo conversion. First floor offers a huge open floor plan with hardwood floors, large kitchen with granite counter tops and stainless steel appliances. 2 full baths upstairs featuring custom tile and a 3rd floor bonus room. Walk out basement can be finished to add additional sq footage.