Why should I get prequalified before I make an offer on a house?

Why should I get prequalified before I make an offer on a house? Recently a buyer asked me “Why should I get prequalified before I buy a house?” They were under the impression that you get prequalified once you have an offer and are ready to take out a loan. I was happy to explain to them why I ask … [Read more...]

Mortgage Rates and their impact on the Cincinnati Real Estate Market

Mortgage Rates and their impact on the Cincinnati Real Estate Market In recent weeks mortgage rates have reversed their downward trend and are beginning to move higher.  As the economy strengthens the Federal Reserve is looking to reduce the amount of stimulus they are adding to keep the economy … [Read more...]

Great news for the local Cincinnati real estate market.

Cincinnati real estate market data charts for feb 2013

There is a lot of great news to share about the state of the local Cincinnati real estate market. Overall the local market is showing specific signs of rapid improvement. Year over year (2012 vs. 2013) we are seeing positive movement in the following factors. Prices are up! Sales are … [Read more...]

Average Rents are Higher than Average Mortgages

rent rates vs mortgage rates

For the first time in a long time the average rent rate is considerably higher than the average mortgage.  According to JP Morgan this is part of the fall out from the Housing Bubble and Great Recession. Why Rents are Higher than Mortgages After the housing bubble crashed numerous people were … [Read more...]

A Real Estate Agent’s Secrets to Buying a Home

Real estate secrets

As a Realtor in Cincinnati I get to work with buyers who are looking for all different kinds of property. Some want single family homes, some want condos, and other want multi-family or even luxury properties. After years in the business I can share a few secrets here that I share with my … [Read more...]

Looser Lending Restrictions Signal the Rebound of the Real Estate Market

Capital Economics expects the housing crisis to end and the overall real estate market to rebound this year primarily because of the loosening of the credit post-recession. A few things are changing within the credit market that are favorable for borrowers. While the credit score required for a … [Read more...]

When is the best time to buy a new house? NOW!

Housing value map

According to multiple financial experts now is the best time to buy a home. A recent article in the Wall Street Journal provides a compelling medium range view of the housing market in relation to the greater economy and overall US population.  The article discusses the growing need for home, the … [Read more...]

Housing Affordability hits Record High in Cincinnati

Housing affordability in Cincinnati and across the country hit a record high in the first quarter of 2011. What this means is that 74.6 percent of new and existing homes sold in the first quarter were affordable to families earning the national median income of $64,400. What is Driving … [Read more...]

First Time Home Buyer Experience

First time home buyer

First Time Home Buyers I work with a lot of first time home buyers and understand all of the emotions that they experience through the entire process. I see the joy and the frustration both as they navigate through things like contracts, negotiations, addendum and all of the other steps involved in … [Read more...]

Ohio First Time Home Buyer Credits

Image of the Ohio housing and real estate banner

Home Buying Credits for Cincinnati, Ohio Residents There are still some home buying credits available to Cincinnati residents. For those of you not familiar with the program, there are a few things to keep in mind when talking with your lender about these credits.  First, it's focused on 1st … [Read more...]