Cincinnati Real Estate

Greater Cincinnati's Real Estate Connection

Kathy S. Koops GRI

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Will it Appraise?

filed under: Real Estate posted on June 18th, 2018

Cincinnati Real Estate

Contrary to popular belief appraising real estate is not rocket science.  However, a good appraisal requires both knowledge and time to prepare.  "Will it appraise" is a good question in Cincinnati's overheated/overpriced real estate market.    The sole purpose of the appraisal is to make sure that the amount being borrowed doesn't exceed the value of the home. The lender is using the house as collateral for the loan and they want to protect "their" investment. Houses don't always appraise for the contracted amount. Bidding...

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The Impact of Rising Interest Rates on Cincinnati Real Estate

Cincinnati Real Estate

The impact of rising interest rates on Cincinnati real estate will hit all price points. On Wednesday "The Fed" ( The Federal Open Market Committee) raised its lending interest rate by 0.25% to a range of 1.75%-2%, the highest since September 2008. From NAR...

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Answer 3 Easy Questions Before You Build

Cincinnati Real Estate

Have you decided to build your next home?  Answer 3 easy questions before you decide to build. You're exhausted after looking at every house on the market.  And now you're thinking about building a new home and wandered through homes under construction...

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Cincinnati’s 24 Hour Market Watch

Cincinnati Real Estate

Each time an agent signs on to access the Multiple Listing Service of Greater Cincinnati a box appears with running stats covering the "24 Hour Market Watch".  It's a good indicator of home sale and listing activity.  24 Hour Market Watch...

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Cincinnati Home Prices Continue to Rise

Cincinnati Real Estate

2009 is in the rearview mirror and the sale price of Cincinnati homes continues to rise. Unless you experienced it first hand the housing recession is easy to forget.  Lots of people lost their homes.  Most have recovered and some hard-hit...

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