Columbus market cooling?

[John Mullen]

Hey Columbus investors,

Checking Zillow lately and comparing results against a less-heavily-invested-in city (Cleveland), I seem to be seeing a pattern of an overbought and cooling-off real estate market here.  Even the B and C areas like Franklinton and North Linden are nearly all bought up and flipped/listed for rent, and Zillow has scores of properties listed for rent that have sat for 30-90 days (if not more).  Several of the obviously-flipped and listed properties for sale have also had recent price reductions.  You can always find some doom and gloomer claiming that this is the end, but are we perhaps finally past the peak of the Columbus real estate buy-up of recent years?  Or is this a pause in the storm about to resume?  Or have I drawn faulty conclusions from my perusal of Zillow?  Happy to hear all thoughts.

Thanks,

John M.