Cincinnati Ohio
Sun’s Shining in Clifton
May 21st, 2012 categories: Cincinnati Ohio
A bright spot in Clifton enjoying a sunny start to the week!
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Will You Still Attend the Same Cincinnati Public School Next Fall?
May 16th, 2012 categories: Cincinnati Ohio
Cincinnati Public Schools is making some changes to which Cincinnati school kids will be attending in the fall of 2012. If you’re not sure if your street has been impacted click here to access the page below.
The District has provided a very easy way to find out the details of about the changes.
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Etch-A-Sketch Real Estate
March 26th, 2012 categories: Cincinnati Ohio
From OhioArt.com
How cool would it be if we could just reset the local real estate market in greater Cincinnati by picking up an “Etch-A-Sketch” and giving it a good shake?
Great publicity for a Etch-A-Sketch this week- so much so that their sales jumped 1500%. That sort of increase in the local Cincinnati real estate market might require some heavy duty shaking, etching then sketching.
So let’s take a look at the past week and see where the “etch-a-sketch” approach would have been useful:
- Mortgage interest rates crept up to above 4%. Still unbelievably low -but apparently not low enough to entice people to begin moving up or to downsize- something our real estate market needs.
- Automotive sales are way up. Good news for the car manufacturers but people who buy new cars usually don’t go out and buy a piece of real estate immediately.
- Bank of America announced a new program “Mortgage to Lease” to help current homeowners stay in their property in lieu of short sale or foreclosure. Stay tuned for results.
- According to RealtyBizNews “Nearly 73 percent of a group of Americans said they’d never heard of the two primary programs in the Obama Administration’s Making Home Affordable initiative – the Home Affordable Modification Program (HAMP) and the Home Affordable Refinance Program (HARP) – according to a survey by Survey Sampling International.” The number is scary since this is one Washington’s major initiatives to improve the housing market.
- Trulia’s Report on “Is It Cheaper to Rent” had some interesting facts….it’s actually cheaper to buy.
- According to CoreLogic “Shadow Inventory” remains flat. This can mean one of two things- either the number of distressed properties is decreasing and buyers are snapping up deals quickly…or banks and financial institutions are sitting on tons of houses and condos waiting for the market to pick up before offering them for sale. Unfortunately for us-it’s most likely the latter and we can expect to see distressed properties hitting the markets in waves for the next year or so…at least.
So how many shakes and recalibrations did you just make? Except for slightly higher mortgage rates and the Trulia report about owning versus renting- I know I was shaking my “etch-a-sketch” to reset some of bullet points. Finally the ultimate tribute to “Etch-A-Sketch” by email me.
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Is the Greater Cincinnati Real Estate Market Blooming?
March 21st, 2012 categories: Cincinnati Ohio, Sales
The wonderful weather almost makes us forget that spring officially began on March 20th. Everything is in full bloom-including the real estate market in greater Cincinnati. “For Sale” signs are popping up here and there and Realtor(c) are seeing lots of activity through showing and open houses.
The most expensive properties that closed during February reflect a local real estate market that’s slowly beginning to spread it’s wings.
Top Five Condo Closings: (Note that 2 of the condos sold were new construction)
Top Five Single Family Home Closings: (1 of the 5 sold was new construction)
Not a bad February for real estate in greater Cincinnati.
This year winter weather hasn’t impacted buyers from house hunting and sellers waiting for spring to put their house in the market…well it’s already blooming.
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A Spectacular Timelapse View of Cincinnati
March 13th, 2012 categories: Cincinnati Ohio
Thanks to UrbanCincy for mentioning this great link.
Turn on your speakers.
Cincinnati Timelapses (2.78:1 ratio) from Stimulus Worldwide on Vimeo.
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