What does the real estate market in Ohio look like? Here are the latest updates
It seems that, despite the fact that in many parts of the world the summer is slow to arrive, temperatures are already high in Ohio.
No, we are not talking about the climate, but about the most active real estate market ever for the State with capital Columbus.
The statistics speak for themselves: this is the ideal time to invest: if on the one hand the construction sector is on the rise, on the other the stocks are already exhausted as the demand is constantly growing. And despite the fact that property prices are currently rising, the market does not seem to know limits.
In particular, the city of Columbus, the fourteenth in size throughout the United States of America, is the only one to have established a 10% growth rate between 2010 and 2018.
Let's look at some statistical data to better understand what the strengths of this nation are in detail.
The average value of a property in Columbus is around $ 150,000, a threshold that shows a strong increase compared to the previous year (+ 7%). The average rental price, on the other hand, is $ 1,300, much lower than the average of other neighboring states.
Real estate market trends also indicate an astonishing buying speed and a much more lively economy.
The portfolios that go to feed the whole, however, are not derived solely and exclusively from the local population. Indeed, many foreign investors see this nation as the solution to a monotonous and repetitive life, perhaps even lacking satisfactory job opportunities.
As for the residential real estate market, domestic sales began to rise as early as November 2018, and the most popular neighborhoods in the capital were the following:
N 4th St / E 2nd Ave.
N 4th St / E 11Th Ave.
City Center / Franklin U
W Broad St / Starling St
N 4th St / Chittenden Ave
Summit St / E 11Th Ave.
W Spring St / Neil Ave
Columbus College of Art and Design / Cleveland Ave.
Neil Ave / W 2nd Ave
N High St / W Lane Ave.
Another element that benefits both investors and owners is the very low cost of living, in addition to the warm and welcoming hospitality of the local population. A perfect combination, which allows future citizens to make an even more informed choice, to the detriment of other metropolitan cities belonging to neighboring states.
What to say, it is hoped that this nation can continue undaunted with a trend increasingly oriented towards improvement, without ever losing its historical-cultural identity.
Therefore, if you are interested in becoming an American citizen, or simply your dream is to buy a property without sacrificing convenience, the solution is in one word: Ohio.
No, we are not talking about the climate, but about the most active real estate market ever for the State with capital Columbus.
The statistics speak for themselves: this is the ideal time to invest: if on the one hand the construction sector is on the rise, on the other the stocks are already exhausted as the demand is constantly growing. And despite the fact that property prices are currently rising, the market does not seem to know limits.
In particular, the city of Columbus, the fourteenth in size throughout the United States of America, is the only one to have established a 10% growth rate between 2010 and 2018.
Let's look at some statistical data to better understand what the strengths of this nation are in detail.
The average value of a property in Columbus is around $ 150,000, a threshold that shows a strong increase compared to the previous year (+ 7%). The average rental price, on the other hand, is $ 1,300, much lower than the average of other neighboring states.
Real estate market trends also indicate an astonishing buying speed and a much more lively economy.
The portfolios that go to feed the whole, however, are not derived solely and exclusively from the local population. Indeed, many foreign investors see this nation as the solution to a monotonous and repetitive life, perhaps even lacking satisfactory job opportunities.
As for the residential real estate market, domestic sales began to rise as early as November 2018, and the most popular neighborhoods in the capital were the following:
N 4th St / E 2nd Ave.
N 4th St / E 11Th Ave.
City Center / Franklin U
W Broad St / Starling St
N 4th St / Chittenden Ave
Summit St / E 11Th Ave.
W Spring St / Neil Ave
Columbus College of Art and Design / Cleveland Ave.
Neil Ave / W 2nd Ave
N High St / W Lane Ave.
Another element that benefits both investors and owners is the very low cost of living, in addition to the warm and welcoming hospitality of the local population. A perfect combination, which allows future citizens to make an even more informed choice, to the detriment of other metropolitan cities belonging to neighboring states.
What to say, it is hoped that this nation can continue undaunted with a trend increasingly oriented towards improvement, without ever losing its historical-cultural identity.
Therefore, if you are interested in becoming an American citizen, or simply your dream is to buy a property without sacrificing convenience, the solution is in one word: Ohio.
