The Staples “Easy Button” says it all!

Today real estate listing information pretty much flows to the designated web sites-cbws.com to coldwellbanker.com to realtor.com to openhouse.com to base.google.com to trulia.com  to …..well you get the picture.  List a home in West Chester on Wednesday and by Thursday most of the sites have all the data.  Sort of one touch to get the details flowing.

Unfortunately Web 2.0 -the so called social networking internet iteration struggles with “flow through” of information.  If I post a new article on thecincyblog or put listing information on Active Rain, I then have to manually update Twitter, Faceboook, MySpace…..and so on.

I want  a “Web 2.5″ where I control social networking information from my personal black box then push that “easy button” and update Twitter, Facebook and……

Whining -you bet I am- but sometimes I feel like a full-time internet data clerk which takes time from the things I enjoy- like blogging and real estate.

Any suggestions for simplifying things- please let me know!

If you live within the Fairfield School District in Fairfield or Fairfield Township real estate sales ended the year on a low note.

Many of you requested that I break down the numbers for the Fairfield School District and according to the Multiple Listing Service of Greater Cincinnati real estate activity is shown below:

Data from Greater Cincinnati Multiple Listing Service

Data from Greater Cincinnati Multiple Listing Service

There is an abundant supply of both single family homes and condos available and the absorption rate indicates longer marketing times. 

If your real estate is “For Sale” it should be price for the next buyer- or you could be “on the market” for a long time!

Need more details about your complex or subdivision- call or email.

Related Articles: 7 Years of Real Estate

Congratulations and best of luck to President Barack Obama.

Schedule of today’s events.

The last 7 years of real estate in both Fairfield and Fairfield Township has had it ups and downs!

As you can see the sale of single family home sales in Fairfield peaked in 2006 and held fairly steady through 2007.

The same is true for real estate in Fairfield Township- however the price of 4 bedroom homes peaked in 2007.

Chances are ( and this is true of Mason, West Chester, Liberty Township and Beckett Ridge) if you purchased your real estate in the boom years and put less than 5% down – your home may be worth less than the original purchase price.

2009 brings good news-buyers are definitely getting off the fence and shopping for real estate deals.

Need more information about absorption rate or prices in your neighborhood or subdivision-call or email.

Real estate sellers in West Chester, Cincinnati, Mason, Fairfield and surrounding areas don’t believe it’s true!

Today’s buyers have more resources at their fingertips and they’re utilizing the information before making a purchase offer.

What are real estate buyers using to value your property?

Let’s start with a listing in Heritage Club -Mason Ohio.  If the buyers are working with an agent, they have access to a “Competitive Market Analysis” (CMA).  Mortgage appraisers are utilizing data that is no older than 90 days- so the CMA should highlight activity during the same time frame.  Sometimes, we go back 6 months to see how many times a property was listed with other companies or agents- in order to obtain a complete picture of the marketplace.

The CMA provides a side-by-side analysis of properties which includes Original Price, # bedrooms, # bathrooms and taxes.  Our multiple listing service does not include square footage.

Buyers are also hunting Zillow for pricing and information.  Just type in the address….

…and the property picture and details pop up.  Click on the listing information and…..

You’ll have access to listings and Zillow comps.

And for the “more information required” buyer the county auditor websites provide detailed information.

Not enough information yet?  Try Google and see what is for sale in Mason.

If sellers are extremely lucky, all the sites are in sync with price.  Usually, the auditor site shows sale price (if recent) as the assessed value and Zillow is showing list price. Buyers are always going to lean toward the lowest dollar value.  The sources of “information”  as well as media input about the current real estate market drives the contract offers. 

Sellers (and their agents) need to review all these (and other) informational sites in order to understand and negotiate a quick sale.

Seeing is believing.  Need more detailed about your home or condo-call or email.