Homes for sale Cincinnati Ohio-Cincinnati Real Estate

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Where Are Mortgage Rates Headed?

filed under: For Buyers posted on March 2nd, 2015

Homes for sale Cincinnati Ohio-Cincinnati Real Estate

The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to look at where rates are headed when deciding to buy now or wait until next year. Below is a chart created using Freddie Mac’s February 2015 U.S. Economic & Housing Marketing Outlook. As you can see interest rates are projected to increase steadily over the course of...

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Knob-and-Tube Wiring

filed under: Informational posted on February 25th, 2015

Homes for sale Cincinnati Ohio-Cincinnati Real Estate

Many homes in and around greater Cincinnati have knob-and-tube wiring.  Buyers usually check the property off their list as soon as they see the electric box....but knowledge provides buying power. Kim Hunter, Loan Officer (Extraordinaire) is always passing along great information and the article below, compliments of Coldwell Banker Home Loans, provides a detailed information about knob-and tube wiring. In a past column, we discussed the benefits and challenges of buying "fixer uppers." When you are walking clients through an older house,...

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The Cincinnati Area Board of Realtors Releases Sales Stats

filed under: Real Estate posted on February 24th, 2015

Homes for sale Cincinnati Ohio-Cincinnati Real Estate

According to sales stats released by the Cincinnati Area Board of Realtors home sales in January started on the plus side, up 1.4%.  Homes sold (closed) last month were 1,234 compared to 1,217 in January 2014.  Better news the January average home selling price climbed to $162,286 vs. $150,326 a year earlier- a +8.0% increase.  However as I've been contiously commenting on- the inventory of homes/condos for sale as of January 31st continues to decline to 7,812 from 8,380 a year ago-...

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New Home? Stop Air Leaks Now and Save Big Bucks

filed under: Informational posted on February 23rd, 2015

Homes for sale Cincinnati Ohio-Cincinnati Real Estate

Recently moved into a new home and feeling breezes from windows and doors during the cold spell? Stop leaks now and save big bucks! Cold climates give homeowners two choices: seal now or pay later. Compiled by the U.S. Department of Energy, the "Retrofit Techniques and Technologies: Air Sealing" guide shares that residents pay an estimated average of 10-20 percent more on energy than necessary. And while proper insulation is important for overall comfort, it does not seal air. Air...

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Real Estate Activity in Greater Cincinnati Townships

filed under: Real Estate posted on February 20th, 2015

Homes for sale Cincinnati Ohio-Cincinnati Real Estate

The lastest market update on real estate activity in the greater Cincinnati townships reflects an increase in median list prices for homes and condos. 5 of the 6 townships have increased median list prices for single family homes and 2 of the townships are experiencing higher median list prices for condos.  The lower number of homes/condos hitting the market coupled with - winter weather- is adding to a slightly slower start in the local real estate market.  However compared to last...

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