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...]
New Mortgage Applications are Down to a 13 Year Low
Applications for primary home mortgages are down to level not seen since May 1997. The Mortgage Bankers Association, the trade group for mortgage bankers, is attributing this to the expiration of the federal tax credit and overall slow economic revival. The data points to the week ending May … [Read more...]
First Time Home Buyer Tax Credit Impacts Winter Real Estate Market
here has been a lot of talk recently about the impact of the Federal First Time Home Buyer tax credit. The newspapers, the talk shows, the blogs, and the radio dj's have all been talking about how important it is. I wanted to take the opportunity and make clear, in detail, the benefits to first time … [Read more...]
Ohio Association of Realtors Features 2009 Home Sales
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 … [Read more...]
Real Estate Grants For Recent Ohio Graduates
The Ohio Housing Financing Agency is currently offering an additional 2.5% financial assistance grant to Ohio College graduates! This is on top of the $8,000 Federal First Time Home Buyer Tax credit. Recent college graduates (within 18 months), including those earning postgraduate degrees, can … [Read more...]
Selling a Home In Cincinnati: August Report
The Cincinnati Area Board of Realtors recently issued their monthly report. The news is pretty much what we all in the real estate field expected. Prices are still slightly depressed, but home sale volume is slightly better than last year. August 2009 was slightly better than August 2008 in terms of … [Read more...]
Cincinnati Real Estate: First Time Home Buyer Tax Credit Deadline
The deadline for the First Time Home Buyer tax Credit is quickly approaching. The language of the legislation reads that the homes must be closed by November 30th, and many home buyers are not aware of the time it takes to complete a real estate transaction. On average I have seen transactions take … [Read more...]
