The Presidential Election and The Local Real Estate Market

The White House

There are dozens of economists dissecting the presidential election and looking at the impact on the real estate market. So I wanted to highlight just a few of the differences, and a few similarities between the candidates. Improving the Local Housing Market Both candidates are dedicating themselves to improving the housing market – improving property values and […]

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The Cincinnati Real Estate Market after the Tax Credit

A number of my discussions with other real estate agents and clients have focused on the state of the Cincinnati Real Estate market after the $8,000 tax credit.  The situation is very postive because there are a number of other factors that are supporting a very active residential real estate market in Cincinnati and elsewhere in the […]

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Corporate Foreclosures and Individual Foreclosures

In recent weeks major real estate developers have been walking away from properties because like many home owners, they are underwater on their mortgages. Tishman Speyer Properties gave up the 56-building, 11,232-unit Peter Cooper Village and Stuyvesant Town apartment complex in Manhattan, turning the properties over to its creditors after defaulting on some $4.4 billion […]

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Ohio Association of Realtors Features 2009 Home Sales

Cincinnati real estate sold report for 2009

The Ohio Association of  Realtors features the 2009 home sales in their monthly publication. The below graphic shows a state wide look at sales volumes and price changes in specific regions of the state. The good news is that here in the Cincinnati market the annual volume has not changed much year over yer. What […]

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Cincinnati Real Estate: National Foreclosures hit 1.9 million in first half of 2009

It is a fact that there were 1,905,723 foreclosure filings – default notices, auction sale notices and bank repossessions in the first six months of 2009. That represents an increase of 9% from the previous six months (July – December 2008) and 15% increase over the first 6 months (January – June) of 2008 according […]

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Cincinnati Real Estate: Rising Interest Rates

interest-rate-chart

I received some useful information from one of the loan officers I work with, Mike Zipfel from Midwest Mortgage. Home loan interest rates have been on a downward trend for the last few months, however as the economy begins to stabilize, and the stimulus money enters the economy, interest rates are beginning to rise. In […]

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Cincinnati: Rated One of the Top 6 Cities for Steady Home Prices for 2008

CNNMoney.com did a study to find the cities where home prices are likely to rise the most – or fall the least – over the next 12 months. The top six cities were: Atlanta, Boston, CINCINNATI, Cleveland, Detroit, and Houston. The article states that the reason Cincinnati appears on this list is a result of […]

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