Tag Archives: cincinnati foreclosures

Banks are now Demolishing Foreclosures

In an effort to reduce costs and some banks are now demolishing foreclosures. In certain cities around the country banks are donating homes to municipalities that condemn and demolish decaying houses. Improving the Housing Stock by Reducing Inventory The theory is that if … Continue reading

Posted in Development, Downtown Cincinnati, foreclosure, Property Value | Tagged , , | 1 Comment

Are Foreclosures in Ohio Impacting the Real Estate Market Disproportionately?

Without a doubt the influx of foreclosures are is putting downward pressure on real estate prices nationwide. However, in Ohio is it a disproportionately higher problem than the rest of the country? We looked over at a post from The … Continue reading

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The correlation between Foreclosures and Unemployment in Cincinnati

Map of unemployment rates

Recently there has been a lot of talk about the correlation between foreclosures and unemployment. It stands to reason that in areas with higher unemployment that there would be higher foreclosure rates. While the theory makes sense it is not … Continue reading

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Banks Suspend Foreclosures and Impact The Real Estate Market

Cincinnati foreclosure

Major US banks including Bank of America, GMAC / Ally, and JP Morgan Chase suspended foreclosures because of irregularities and incomplete records.  Ohio’s Secretary of State Jennifer Brunner asked federal prosecutors to investigate foreclosure irregularities in her state. Ohio has been … Continue reading

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Was this property a meth lab in a former life?

In a recent sales meeting  a colleague of mine discussed a growing concern for her buyers in the Cincinnati real estate market of how to determine if the properties that her clients are interested in have ever been used as … Continue reading

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The Rebounding Spring Cincinnati Real Estate Market: A Realtor’s Perspective

Despite what the media is reporting I am out in the marketplace every day and want to report about the activity I have witnessed in the past two weeks. I have seen house after house that my buyers were interested … Continue reading

Posted in Cincinnati Real Estate, Home Buyer Resource, Home Seller Resource, Uncategorized | Tagged , , , , , , , , , , , , , , , | 8 Comments