What Real Estate Sold In West Chester? (part two)
November 20th, 2008 categories: Real Estate News, Real Estate Selling, West Chester, Ohio
Part 2 cover condominium sales in West Chester from 10/01/08 through 10/31/08.
The data is from the Multiple Listing Service of Greater Cincinnati.
If you would like more detailed information- just let me know.
Related Articles: West Chester Home Sales
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What Real Estate Sold In West Chester? (part one)
November 19th, 2008 categories: Real Estate News, Real Estate Selling, West Chester, Ohio
You Win!
Many of you have emailed me requesting more information about sold properties…so listed below are single family homes in West Chester which closed between 10/01/08 through 10/31/08. The data is from the Multiple Listing Service of Greater Cincinnati.
If you would like more detailed information -let me know. (call 513-300-4090 or email)
Coming: part 2 Condominium Sales in West Chester.
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Drive-By Real Estate
November 18th, 2008 categories: Fairfield, Ohio, Real Estate News, Real Estate Sales, West Chester, Ohio
How often have you driven by a property for sale and decided it’s value without getting out of your car?
Don’t kid yourself- everybody does it.
Mangled bushes, unkempt lawn, cars parked on the grass, shutters hanging- you get the picture.
Most sellers take great pains to stage the interior of their real estate which often includes cleaning up the front door or porch -and then let the rest of the property speak for itself.
What language is the outside of your home (and your neighbor’s homes) saying about your real estate listing?
It’s that time of the year to take a good look at the exterior and fix things up before the winter does more damage.
If you need an extra set of eyes looking at your house-let me know (call or email) and I will be glad to “drive by”.
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Real Estate Trick or Treat for West Chester, Liberty Township and Beckett Ridge.
November 12th, 2008 categories: Beckett Ridge, Liberty Township, Ohio, Real Estate News, Real Estate Sales, West Chester, Ohio
|
Lakota School District |
Single Family |
Average Price |
Days on Market |
Condos |
Average Price |
Days on Market |
| Actives |
716 |
$302,183 |
123 |
108 |
$129,552 |
109 |
| Pendings |
93 |
$226,611 |
78 |
11 |
$ 86,138 |
57 |
| Closed (01/01/08-09/30/08) |
946 |
$244,210 |
80 |
119 |
$ 96,689 |
81 |
Data from Greater Cincinnati Multiple Listing Service
Real estate sales for West Chester/Liberty Township and Beckett Ridge (Lakota School District) are on a steady course.
Sellers are still “begging” and buyers are still looking for “treats” in the marketplace.
In October 81 single family homes and 13 condominiums sold/closed- slightly down from September. The sale price is hanging in there- with slight variations from the previous month.
This is good news because while inventory is at an all time high, real estate in the Lakota School District is not diving in value.
The Multiple Listing Service of Greater Cincinnati has statistics showing a 10.4 month inventory of real estate for the greater Cincinnati area market- and they consider 4.5 to 5 month supply as a “balanced” market.
Abundant supply of real estate can be good news for both motivated sellers and buyers.
If you need more detailed information about your subdivision or condo complex -call or email. If you want to stay on top of the real estate market- subscribe now!
Related Articles: September
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Fannie and Freddie Say “Show Me the Money”
October 21st, 2008 categories: Cincinnati, Ohio, Real Estate Buying, Real Estate News, West Chester, Ohio
People in Cincinnati and West Chester who want mortgages will need 5% more of their own money starting December 13, 2008.
As a response the current sub-prime mortgage mess, the new Fannie Mae mortgage lending guidelines will require borrowers have more invested in their properties.
Mortgage money is available, but if you have been sitting on the fence waiting for the real estate market to bottom out…think about increased down payment requirements as well as the upward creeping mortgage interest rates.
The home you fell in love with last week may never be a better buy than right now!
Call or email if you questions. Talk to your loan officer/lender to determine the impact of the new Freddie and Fannie guidelines and then make an informed decision.
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