Owner: The Cincy Blog URL:htp://thecincyblog.com Join Date: Fri, 25 Jan 2008 16:39:23 -0600 Rating:0 Site Description: Business blog focused on community and real estate topics in greater Cincinnati, Ohio. Site statistics:Click here
So Much for Global Warming…….. 2008-03-07 11:42:35 As the snow dumps down on our area, I am thinking where is global warming when you need it?
I know people are going to be jumping all over me for making this observation. But really- enough is enough- and we have had enough snow for this year. It’s 12:30pm and the snow is currently coming [...] Read more:Global
, Global Warming
3 Key Words in Real Estate 2008-03-05 10:40:38 For eons consumers have been brain washed into believing the 3 key words in real estate are location, location, location!
Conventional wisdom stated that if you purchased a home in the right location-the sky was the limit when you decided to sell. It would appear the number of properties stagnating in the MLS (Multiple Listing Service) defies the [...] Read more:Words
, Estate
, Real Estate
Old is New in Fairfield Ohio! 2008-02-29 14:24:42 Yesterday I had the chance to catch up with a dear friend who has been dabbling in antiques for many years. She is looking for items dated prior to 1970 and wanted to know if I had any sellers with items for sale.
Short story long, she has a booth at the recently opened Ohio
Valley Antique [...]
Take a Bird’s Eye View of Emerald Lake in Fairfield, Ohio 2008-02-27 01:30:30 For decades Fairfield residents heading west on Resor Rd had to turn right or left when the road dead ended at Pleasant Avenue.
The intersection started to change in May, 2004 when the Welsh Development Company paid $5,025,000 for approximately 27 acres of land and began the transforming the land into the Emerald
Lake subdivision.
Along with new homes, we finally got a much needed stop [...] Read more:Ohio
Hot Off the Press- January Home Sales for Cincinnati Market 2008-02-25 13:59:01 Press Release
Cincinnati
Area Board of Realtors®
1,123 Homes Sold in January
;
Average Price Off Only 2%
A total of 1,123 homes were sold locally last month at an aggregate $171.4 million. Average selling price was $152,600. “Despite 18% fewer sales than the same period one year ago, things are looking up,” said Karen Schlosser, president of the [...] Read more:Press
, Sales
, Market
Don’t Lose at Real Estate Dominos in Greater Cincinnati, Ohio! 2008-02-22 11:36:39 In today’s slower market, receiving a decent offer on your house is only the first step toward closing!
Before you make repairs, change utilities and order the moving van, make sure your closing doesn’t collapse because of problems with buyers and sellers upstream of your deal.
In the normal real estate deal, the seller and buyer come [...] Read more:Estate
, Real Estate
, Ohio
, Cincinnati
What Is Real Estate Blogging? 2008-02-18 13:01:14 Two truths you need to know about real estate blogging.
Many of you have sent emails or called to ask “what is blogging?”. So to describe blogging in it’s simplest term- it is web logging or web journals.
Blogs are written by individuals or companies on just about every topic of interest.
Blogs are “interactive” - they want [...] Read more:Estate
, Real Estate
, Blogging
Good News for Cincinnati 2008-02-14 13:19:50 Cincinnati had the fewest foreclosures for the Ohio metros in 2007.
In an article The Cincinnati Business Courier reported yesterday that according to RealtyTrac’s ranking of 2007 metropolitan foreclosures- Ohio had many cities in the top 20, but Cincinnati had the lowest foreclosure rate of the state’s major cities.
Reuters had provided more comprehensive view of the [...] Read more:Cincinnati
, Good News
New FHA Loan Limit Proposal 2008-02-13 11:27:27 According to The National Association of Realtors®
New FHA loan limits by March 14
There will be new FHA maximum loan limits within 30 days, thanks to the Economic Stimulus package that will be signed into law by President Bush on Feb. 13.
The National Association of Realtors® has developed an “estimated” amount of the new loans [...] Read more:Limit
, Proposal
The Iceman Cometh 2008-02-13 06:18:17 The Iceman Cometh and now you basement may be leaking.
Between last week’s record rainfall and today’s snow and ice storm many area homeowners are experiencing wet basements.
In many cases this is the first time some of my clients have ever had water dripping into their lower levels. For many of you the problem really began [...]
February Home Sales for the Fairfield Ohio School District 2008-03-10 15:02:47 The real estate numbers for the Fairfield, OhioSchoolDistrict
for February
, 2008.
February, 2008
Average Price
Active Inventory
408
$183,649
Pending Inventory
49
$161,879
Sold/Closed Inventory
32
$139,316
(Data from Greater Cincinnati Multiple Listing Service)
Trying to decide about the current value of your property- call or send an email.
Share This Read more:Sales
Greater Cincinnati Multiple Listing Service Stats for February Home Sales 2008-03-10 14:17:47 Let’s look at real numbers for the greater Cincinnati
real estate market comparing February
, 2007 to February, 2008.
February, 2007
February, 2008
% Change
Active Inventory
14,628
15,174
- 4%
Pending Inventory
1,962
1,464
- 35%
Closings
1,515
1,414
- 6.7%
(Per the greater Cincinnati Multiple
Listing Service
for single family and condos)
If you need more information to make an informed decision- just ask.
Share This Read more:Sales
, Stats
February Home Sales for the Lakota Schools District 2008-03-10 14:00:57 February numbers are now available for home sales in the Lakota School District
.
February, 2008
Average Price
Active Inventory
866
$293,560
Pending Inventory
92
$221,160
Sold/Closed Inventory
86
$228,034
(Data from Greater Cincinnati Multiple Listing Service)
This is the simplified version of the numbers. If you would like a detailed break down for your property- call or send an email.
Share This Read more:February
, Sales
, Schools
February Home Sales for the Mason School District 2008-03-10 13:00:04 Residential properties in the MasonSchoolDistrict
continue to sell in February
, 2008.
February, 2008
Average Price
Active Inventory
506
$457,019
Pending Inventory
63
$332,038
Sold/Closed Inventory
34
$311,077
(Data from Greater Cincinnati Multiple Listing Service)
If you have any questions about your property or the values of your neighborhood- call or send an email.
Share This Read more:Sales
The Real Estate Carnival 2008-03-10 08:56:50
Looking for ways to escape the winter real estate blahs?
Join the fun at The Carnival
of Real Estate
. This site is a compilation of real estate blogs from all over - offering you a ideas and comments on a variety of real estate topics. I think is it always helpful to look outside our market area [...]
2 Reasons to Hug Fairfield Ohio’s Public Works Department 2008-03-09 19:54:22 Hug a Fairfield, OhioPublicWorks
employee today! They went above and beyond to dig us out of the weekend’s recor breaking snow storm.
Many of you emailed me directly in response to Friday’s blog about “So Much for Global Warming…..” making bets on how many days we would be stuck in the house. I have to [...] Read more:Reasons
, Department
Why Bother Paying for Owner’s Title Insurance? 2008-03-13 18:00:26
You purchased a home and made sure to negotiate for a Home Warranty to protect yourself.
In order to close on the property, you needed to produce proof of home owner’s insurance- protecting you (and the lender) in case of a disaster.
At the closing, you paid for Title
Insurance - a loan policy that protects the lender [...] Read more:Owner
Are You “Your Brother’s Keeper” in Real Estate? 2008-03-17 10:28:44 Spring is in the air and the area real estate market is slowly coming back to life.
As hesitant buyers are pried from their fence sitting position is yours the listing they will make an offer on?
Your price is right, the house is in great condition, priced below the competition and easy to show…and no buyers. [...] Read more:Brother
, Keeper
, Estate
, Real Estate
2 Ways to Check Your Sump Pump 2008-03-19 17:31:41
The weather forecasters are claiming that 3-6 inches of rain dumped on us since yesterday.
And as the miserable rain continues many area home owners have discovered their sump pump is dead in the water (pardon the pun).
Now is not the time to lecture about home maintenance items…..but if you have a wet basement/lower level there is a [...] Read more:Check
Is Your New Listing a “WOW” or a HoHum? 2008-03-25 17:56:31 According to the greater Cincinnati Multiple Listing Service in the past 14 days there are:
62 new listings in the Fairfield School District (Fairfield and Fairfield Township)
112 new listings in the Lakota School District (Beckett Ridge, East West Chester and West West Chester)
65 new listings in the Mason School District (Mason)
If you are the proud owner [...]
Home Resales Rose 2.9% 2008-03-24 11:29:16
NAR (National Association Of Realtors) just released existing home sale numbers and for the first time in 7 months the number climbed 2.9% Sales for the year were down 24% from February 2007.
Nationally the median home price was $195,000 in February down 8.2% from 213,500 in February 2007. Read the entire report here.
You have to [...]
How to Understand the Mortgage Mess Puzzle 2008-03-31 11:42:38
Whether you reside in Cincinnati, West Chester, Fairfield, Liberty Township, Fairfield Township or Mason, Ohio you have either experienced mortgage problems or read/heard about them in the media. Finger pointing, consumer frustration and drooping real estate markets have focused on the myriad of issues causing the mess.
What caused the Mortgage
Mess?
To understand how we got to this point take a [...] Read more:Understand
, Puzzle
Foreclosure Assistance 2008-04-03 14:08:18
The other day I wrote about how to understand the mortgage puzzle mess and promised to follow up with information to help property owners facing foreclosure. Well I learned a hard lesson -there aren’t any easy to find “one stop info” sites for southwest Ohio. However I was pleasantly surprised to discover the State of Ohio [...] Read more:Foreclosure
Fairfield Ohio is Attracting Antique Hunters 2008-04-07 09:50:32 They are the typical hunters laden with checkbooks, cash and credit cards….hunting for the right piece to add to their collections! In search of the “great deal” they will be driving from all over to Fairfield, Ohio
.
Last February I wrote a short blog about the “Ohio Valley Antique
Mall” and was totally surprised by the emails [...] Read more:Hunters
How to be F.F.T.H.B. in Real Estate 2008-04-10 15:55:26
This past weekend I had the pleasure of working with F.F.T.H.B.’s. No this is not some new real estate program, or a tour bus driving around looking at foreclosures…I was working with “Focused First Time Home Buyers”.
In today’s housing market many buyers are hovering waiting for a better deal to come along. The home of [...] Read more:Estate
, Real Estate
Many Reasons Why Lenders Should Jump on Short Sales 2008-04-17 08:44:31
This morning’s Wall Street Journal had an interesting article on “Why Lenders
Are Leery of ShortSales
“.
In articles posted to “thecincyblog” I have tried to educate consumers on: “Crucial Sort Sale Advice for the Greater Cincinnati Area“, “Foreclosure Assistance“, “How To Understand The Mortgage Mess” and “4 Truths About the Subprime Bailout“. And while the [...] Read more:Reasons
, Short Sales
50 Ways to Sell Your Home in Greater Cincinnati Ohio Area 2008-04-19 10:52:21 This week’s magazine stands are overflowing with articles offering real estate advice for home sellers and buyers.
There is no shortage of “how to’s” needed to survive in today’s roller coaster real estate market. In the Home section of the May issue of Money Magazine a bold “For Sale by Any Means” article reviews several old and new [...] Read more:Cincinnati
, Ohio
Focus on Radon 2008-04-21 12:26:23
Living in Southern Ohio builds offers a lot of advantages- great housing at affordable prices, easy access to freeways and airports, Midwestern charm, non-stop allergies and let’s not forget “Radon”.
For those of s who have lived here for awhile, Radon is just a shoulder shrug- often forgotten until somebody mentions they had high radon levels in their home. Last Saturday’s Wall Street Journal [...] Read more:Focus
What’s Happening in Real Estate in the Fairfield Ohio School District 2008-04-23 10:00:39 Fairfield SchoolDistrict
Single Family
Average Price
Days on Market
Condos
Average Price
Days on Market
Actives
323
$207,406
95
116
$109,383
106
Pendings
78
$195,093
80
17
$ 92,885
114
Closed (01/01/08-04/15/08)
110
$162,434
78
28
$ 81,625
90
Data from Greater Cincinnati Multiple Listing Service
There is a funny TV commercial touting that statistics can be made to say anything 90% of the time and 50% of the people believe the numbers. (Sorry if I have the numbers wrong)
The problem with [...] Read more:Happening
, Estate
, Ohio
, Real Estate
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