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More CBR spin
The Columbus Board of Realtors has an 11 point platform to oppose slowing housing growth in OUR area. I?’ll list them point by point for your information.
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More CBR spin point 1
Points in Opposition to Pickerington New Homes
Moratorium
???¡ The moratorium will disrupt subdivisions that are not completely built out. It will hurt the property values of existing and recent home purchasers in these subdivisions because construction and absorption rates will be slowed dramatically.
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More CBR spin point 2
Points in Opposition to Pickerington New Homes
Moratorium
???¡ In the short term, the moratorium will raise prices in the Pickerington market by limiting buyer access to new homes.
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More CBR spin point 3
Points in Opposition to Pickerington New Homes
Moratorium
???¡ Longer term, combined with the density limitation that is already in effect, it will reduce the number of overall buyers in the Pickerington market, thereby hurting home values and re-sale potential.
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