September 2009 E-Newsletter

Medicine for real estate? What not to eat while driving? New Albany real estate update

Twenty One At Last!

Early August was Back-to-School at our house this year.  Will spent his summer working on the Pelontia event and wrapped up his work on August 7th.  He was looking forward to a 2 week vacation before school began – what I didn’t know was that he planned to spend it at his apartment in Charleston!....Read More

Eating While Driving   

A friend recently emailed me a very graphic video simulation of a catastrophic car accident caused by teenagers texting while driving (you may have seen it on You Tube).  Though it was disturbing, I sent it on to my kids.  If there’s any chance that watching the video will cause them not to text, talk or even eat while driving, then it’s worth it to me to disturb them.  It certainly impacted my use of a phone in the car....Read More

Hard to Swallow

I picked up a Reader’s Digest in the grocery store last month and found a very humorous list of anxiety medications for coping with the upheaval in the real estate and the economic gloom we are confronting daily in the media.  Try one of these....Read More

New Albany Market Update – YTD Through 8/31

Unlike July where unit sales TY/LY were equal, August saw home sales in New Albany, Ohio fall by 20% over the same time last year.  However, with current inventory level of homes for sale down 15%, there isn’t a big surplus of homes for sale.  Some neighborhoods such as the Hampsted communities have such low inventory levels,  that their market is shifting from a “buyers” to a “sellers” market.   Other markets, such as NACC homes over $1million, are struggling with a 34 month supply of homes at the current rate of sale....Read More

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