Welcome or Register

Quick Search


view all


Any

Any

No Min.

No Max.
New Millennium Realty
Independently Owned and Operated
7640 Slate Ridge Blvd.
Reynoldsburg, OH 43068
Phone: 614-655-2556
Fax: 614-655-2559
 

Find an Agent


view all

Get pre approved for a home loan.

NMLS# 1454155

614 845-5210

 

 

Video Library:

New Millennium Realty is here to help provide free information for sellers and buyers that are thinking about sellng or buying. Click here to view the library of videos that will answer many questions.

Welcome

Welcome to the premier resource for all real estate information and services in the area. We hope you enjoy your visit and explore everything our realty website has to offer, including Columbus and surrounding area real estate listings, information for homebuyers and sellers, and more About Us, your professional Realtors. You're not just buying a house, but a home where memories are made. We are here to guide you down the path of success.

At  New Millennium Realty we specialize in helping buyers, sellers and investors in reaching their goals. Relocation, new builds, downsizing, vacation homes. If you're looking to sell or buy in Columbus and surrounding areas including Alexandria, Bexley, Blacklick, Buckeye Lake, Canal Winchester, Cardington, Carroll, Clintonville, Columbus, Columbus-Downtown, Delaware, Dublin, Gahanna, Galena, Galloway, German Village, Grandview Heights, Granville, Grove City, Groveport, Hilliard, Johnstown, Lancaster, Lewis Center, Lithopolis, Mansfield , Marysville, New Albany, Pataskala, Pickerington, Powell, Reynoldsburg, Short North, Sunbury, Upper Arlington, Victorian Village, Washington Court House, West Jefferson, Westerville, Worthington and more.

Looking for a new home? Use Quick Search or Map Search to browse an up-to-date database list of all available properties in the area, or use our Dream Home Finder form and we will conduct a personalized search for you.

If you're planning to sell your home in the next few months, nothing is more important than knowing a fair asking price. At  New Millennium Realty we are internet marketing experts and are on mutiple MLS systems. We would love to help you with a Courtesy Market Analysis. We will use comparable sold listings to help you determine the accurate market value of your home.

 

Real Estate News!!!

Latest Realty News from NAR

Home Buyer Households: Valentine’s Day 2019

Using data from the 2018 Profile of Home Buyers and Sellers we can break down household composition, and the relationship it has to home purchasing choices.

  • Among all recent home buyers, 63 percent were married couples, 18 percent were single females, nine percent were single males, and eight percent were unmarried couples.
  • Four percent of recent buyers identified as gay or lesbian, and one percent identified as bisexual.
  • Among first-time buyers, 54 percent were married couples, and 67 percent of repeat buyers were married couples.
  • Among first-time buyers, 16 percent were unmarried couples, and five percent of repeat buyers were married couples.
  • Among all home buyers, 82 percent purchased a detached single-family home, eight percent purchased a townhouse/row house, four percent purchased an apartment or condo.
  • Eighty-seven percent of married couples, and 83 percent of unmarried couples purchased a detached single-family home.
  • Married couples were typically 45 years old with a household income of $106,300. They typically purchased a home that was a median of 2,070 sq. ft., for $289,000.
  • Unmarried couples were typically 34 years old with a household income of $88,800. They typically purchased a home that was a median of 1,630 sq. ft., for $219,000.
  • Single females were typically 54 years old with a household income of $61,400. They typically purchased a home that was a median of 1,550 sq. ft., for $189,000.
  • Single males were typically 52 years old with a household income of $73,200. They typically purchased homes that were a median of 1,590 sq. ft., for $215,000.
  • Fifteen percent of all buyers were influenced to choose their neighborhood based on the convenience to a vet or outdoor space for their pet. 20 percent of unmarried couples chose their neighborhood based on the convenience to a vet or outdoor space for their pet.

For more information on how relationship status and household composition affects homeownership choices, check out the 2018 Profile of Home Buyers and Sellers and the Valentine’s Day infographic.

December 2018 Housing Affordability Index

At the national level, housing affordability is up from last month but down from a year ago. Mortgage rates were unchanged from last month at 4.99 percent this December, and up 18.2 percent compared to 4.22 percent a year ago.

  • Housing affordability declined from a year ago in December moving the index down 8.4 percent from 161.2 to 147.6. The median sales price for a single family home sold in December in the US was $256,400 up 3.4 percent from a year ago.
  • Nationally, mortgage rates were up 77 basis point from one year ago (one percentage point equals 100 basis points).
  • The payment as a percentage of income was down from last month at 16.9 percent this December and up from 15.5 percent from a year ago. Regionally, the West has the highest payment at 23.4 percent of income. The South had the second highest payment at 16.7 percent followed by the Northeast at 16.5 percent. The Midwest had the lowest payment as a percentage of income at 13.1 percent.

  • Regionally, the Northeast recorded the biggest increase in home prices at 9.2 percent. The South had an increase of 2.7 percent while the West had a gain of 2.3 percent. The Midwest had a modest decline in price of 0.1 percent.
  • Regionally, all four regions saw a decline in affordability from a year ago. The Northeast had the biggest drop in affordability of 14.3 percent. The South had a decline of 8.2 percent followed by the Midwest that fell 5.8 percent. The West had the smallest drop of 5.6 percent.
  • On a monthly basis, affordability is up from last month in all of the four regions. The Midwest region had the biggest increase of 4.7 percent. The Northeast had a decline of 3.1 percent followed by the West with a dip of 2.3 percent. The South had the smallest gain in affordability of 0.3 percent.
  • Despite month-to-month changes, the most affordable region was the Midwest, with an index value of 191.5. The least affordable region remained the West where the index was 106.9. For comparison, the index was 149.3 in the South, and 151.8 in the Northeast.

  • Mortgage applications are currently down while credit availability is up. Home prices are up 3.4 percent while median family incomes are growing 3.6 percent. Sales declined this year due to affordability issues, which has been more impactful than a healthy job market. Gains in affordability in all four regions are a good sign in the current market. Rate changes have an impact on the housing sector so small hikes can influence the effect on finances for potential homebuyers.

  • What does housing affordability look like in your market? View the full data release here.
  • The Housing Affordability Index calculation assumes a 20 percent down payment and a 25 percent qualifying ratio (principal and interest payment to income). See further details on the methodology and assumptions behind the calculation here.

December 2018 Pending Home Sales

  • NAR released a summary of pending home sales data showing that December’s pending home sales pace was down 2.2 percent last month and fell 9.8 percent from a year ago.
  • Pending sales represent homes that have a signed contract to purchase on them but have yet to close. They tend to lead existing-home sales data by 1 to 2 months.
  • All four regions showed declines from a year ago. The South had the biggest drop in sales of 13.5 percent. The West fell 10.8 percent followed by the Midwest with a decline of 7.2 percent. The Northeast had the smallest dip in sales of 2.5 percent.
  • From last month, three of the four regions showed declines in contract signings. The South region had the biggest drop of 5.0 percent. The Northeast fell 2.0 percent followed by the Midwest with a dip of 0.6 percent. The only region with an incline in contract signings was the West, which had a gain of 1.7 percent.
  • The U.S. pending home sales index level for the month was 99.0. November’s data was revised up to 101.2.

  • December’s decline was the the pending index’s first drop below the 100 mark after 55 consecutive months over the 100 level.
  • The 100 level is based on a 2001 benchmark and is consistent with a healthy market and existing home sales above the 5 million mark.

View All

Testimonials Page

New Millennium Realty guided my sisters and I through every step of a small rehab project to a full asking price SALE! Did a Great job dealing with all 5 of our personalities and answered all our questions.  His experience showed through in getting things ready for showings and negotiating with buyers! Thank you VERY Much!  Pamella B
New Millennium Realty did an exceptional job with assisting us on selling our home. Our agent came in and was able to help plan exactly what needed to be done to get our house market ready!  New Millennium was there for us from the start to finish and even helped us do the home improvements. I would highly recommend New Millennium Realty if you are looking to sell or buy a home! When I am ready to buy one again I will be coming back!!!! Caleb Q
View All

Equal Housing OpportunityMLS membershipREALTOR® certification

Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu