Today in Columbus: Heart of Africa Opens and Local Housing Market

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Betty White will be in attendance at the Heart of Africa ribbon cutting ceremony.

Today the Columbus Zoo opens its new exhibit, Heart of Africa. The exhibit is 43 acres and offers 165 exotic animals that include gazelles, camels and lions, just to name a few.  Some cool activities to do while there are feeding the giraffes, taking a camel ride, and boarding a grounded airplane to get a closer look at the lions, if you are brave enough.This is definitely a must see for the weekend. Also, if you haven’t heard yet, the Columbus Zoo is ranked #5 in USA Today as one of the best US zoos! Also, let’s give Cincinnati and Toledo Zoos kudos for being #3 and #1 on the list as well. Congrats Ohio!

In other news, the price of houses are rising but inventory is low. “Inventory in central Ohio is unfortunately still below what we expected it to be, particularly since there are a significant number of motivated buyers,” Milt Lustnauer, 2014 president of Columbus REALTORS®, said. “However, as temperatures rise, the number of homes coming on the market are increasing as well.” The median sale price of a home in April was $151,900 which was 10.3 percent higher than the previous year and is also up 10.3 percent from the previous month. There were 2,127 central Ohio homes sold in April of 2014, 15.2 percent lower than April 2013, but up 18.4 percent from the previous month. With an inventory level of 8,279, the number of homes on the market is 16.7 percent lower than April 2013. 95 percent of central Ohio Realtors describe the current housing market as moderate to strong and expect home prices to increase over the next year, even though mortgage interest rates have risen slightly and are expected to increase throughout the year.

FIND THE VALUE OF YOUR HOME!

The market is moving! Call the McVey Team to see if making a move NOW makes sense.

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