RECENT BLOG POSTS
FHA Kills Incentives for Buyers of HUD Homes I am sorry to be the messenger of bad news. But this is very important for all owner occupants who planned to buy a HUD home in 2010.  HUD announced that effective February 12, 2010 - that's a Friday - HUD homes sold with FHA financing will no longer b...
02/09/2010
HUD Homes Buried in Snow The past couple of days were really tough for house hunting with 2 feet high snow drifts piling up at the front door of many Columbus HUD homes.  Nevertheless, I previewed 5 new suburban HUD listings in the north east - just for you: Westerville, Gahanna and Blacklick. En...
02/09/2010
Central Ohio HUD Listing Statistics for the Week of 02/05/10 Total homes available: 138  (last week: 104) Owner occupants: 108 All bidders: 30New listings: 62Sunday deadline: 28Relisted/Price reduced: 18  Median Price: $80,500 (last week: $69,500)Average Price: $80,535 (last week: $71,103)Highest...
02/09/2010
Median Price Of Columbus HUD Homes Drops Below $70,000 More than 100 HUD homes are available in Central Ohio. The majority of these Columbus houses is in the $50K to $100K bracket.  The median list price has recently dropped to below $70,000. This means that half of all HUD homes are listed for l...
01/31/2010
Central Ohio HUD Listing Statistics for the Week of 01/29/10 Total homes available: 104 (last week: 101) Owner occupants: 58 All bidders: 46New listings: 28Sunday deadline: 17Relisted/Price reduced: 13  Median Price: $69,500 (last week: $69,000)Average Price: $71,103 (last week: $71,021)Highest: ...
01/31/2010
Canal Winchester HUD Homes Take Centerstage Canal Winchester is a growing suburb on the South East side of Columbus. There you'll find quite a few new subdivisions with attractive, single family residences that are perfect for young families and first time buyers. Canal Winchester always had a go...
01/27/2010
Why HUD Homes Fall Out Of Contract Did you ever wonder how many HUD contracts never close?Do you know why HUD homes fall out of contract? These are two common questions many of my customers ask. I did a little bit of research, compiled some numbers and found an explanation for you. Let's first lo...
01/22/2010
The Week of Investment Properties This is the week of the investment property. The HUD homes map is overwhelminly "green". As an investor, you know what that means: a large selection and great buying opportunities on Columbus HUD homes.  A total of 40 properties are open to all bidders. We did no...
01/22/2010
Listing Statistics of 2009 Columbus HUD Homes Here are the listings statistics for all Columbus HUD homes in 2009. Each of these charts shows the HUD listings available on each Friday of the year. There's one bar for each week of the year (1 to 52). The first chart represents the absolute numbers...
01/16/2010
Number of Columbus HUD Homes Climbs to 129 with 30 New Listings This week HUD added an interesting mix of 30 new HUD listings. You will find them in places like Worthington, Hilliard, Gahanna, Obetz and, of course, throughout Columbus.  I will preview some of these Columbus houses for you on Mond...
01/16/2010
Rainmaker
125,573

Susanne Novak, ABR, FIS, GRI

smartphone(614) 975-9650
Contact The Author
Useful tips about buying HUD homes. Featured HUD properties with video walk-throughs! Weekly HUD Homes Map for Central Ohio.