How long until that home you love has a price reduction? How big of a reduction will it be? What are the chances the list price on that Columbus home for sale might come down even more?

Until about a month ago, these were difficult questions for the average Columbus Home Buyer to answer. Heck, there’s no easy way for a Columbus Realtor to answer those questions without diving into data and pulling out a calculator.

By studying the history of foreclosed homes for sale in Columbus, you can usually get a pretty good idea of which banks/lenders systematically reduce their listings and when it may happen again but getting an indication on your favorite home’s chance of a price reduction is a difficult task.

Enter the Trulia Price Reduction Heat Map.  Now, someone looking for Columbus area homes for sale has a way to answer to the how long and how big questions as well as what the chances are of a second price reduction.

While it’s possibly more interesting and fun than useful due to the use of zip codes as opposed to neighborhoods, it’s nevertheless a good example of how Columbus Home Buyers have more and more tools and knowledge at their disposal.

A better informed Columbus Home Buyer is more likely to pick a house they love, get the deal they want and do it in less time. Also, those are the kinds of clients Delicious Real Estate likes to work with.