Columbus REALTORS® e-notes for December 22, 2017

Home sales still trending up in central Ohio 

There were 2,377 homes and condos sold during the month of November in central Ohio, which is a 3.2 percent increase over the same month a year ago, although a decline of 13.9 percent from October. This is the highest number of sales on record for the month of November. Read more.

Tax Cuts and Jobs Act - final bill includes some big successes
The final legislation will benefit many homeowners, home buyers, real estate investors, and NAR members as a result. Many agents and brokers who earn income as independent contractors or from pass-through businesses will see a significant deduction on that business income. The advocacy of NAR members, as well as consumers, helped NAR to gain some important improvements throughout the legislative process. More info here.

Rental property registration fines going up
The fine for landlords not registering their rental properties is being raised from $50 to $150. The increase is aimed at absentee landlords and is Franklin County Auditor Clarence Mingo’s attempt to induce greater compliance. Read more.

What Buyers Will Give Up for Walkability
Showing off your listing’s proximity to shops and restaurants is a smart move. Young and older generations alike say they’re willing to make sacrifices to live within walking distance of community amenities. Read more.

Places Where It’s Cheaper to Buy Than Rent
Columbus is among the top cities where it's still cheaper to buy than rent. More info

Facebook Cracking Down on ‘Engagement Bait’
Facebook announced that it will no longer tolerate “engagement bait” by making sure posts that solicit likes and comments in sensational ways are demoted from news feeds, thereby reaching fewer people. Read more.

Dumbest passwords of 2017
Change your password immediately if one of these looks familiar

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