The Wall Street journal wrote an article about the impact of the poor quality materials and shortages of skilled workers who were constructing homes during the housing boom of the late 1990's and early 2000's. As a result a there has been a surge in construction defects, some housing experts say. … [Read more...]
May Home Sales Continue 2009 Climb, Off 14.6% for the Yea
CABR released the following press release about May Home Sales in Cincinnati. Home sales locally continued their upward climb last month, as Realtors sold 1,658 units. That’s a 19.8% improvement over April’s sales activity. The average sale price in May was $155,896, a 12.9% improvement over … [Read more...]
Making Home Affordable Program
Cincinnati homeowners and homeowners around the U.S. need to be aware of the following information if they are looking to refinance and are having difficulty getting approved. There are options for refinance and loan modifications mandated by the federal government. The Making Home Affordable … [Read more...]
Downtown Cincinnati Streetcar News
Urban Cincy reported this morning that Mayor Mallory has selected the development company that will finance, plan, design,construct, operate and maintain Cincinnati's Modern Streetcar System. The location of the streetcar would be on the northern end of the Downtown/Over the Rhine circulator which … [Read more...]
How to Maintain and Improve Your Credit Score
RIS Media published a report to teach consumers about how to maintain and improve one's credit score. Everyone has become more concerned about their credit scores these days, especially when a better score can result in lower credit interest rates and payments saving thousands of dollars from … [Read more...]
Cincinnati Real Estate: How to buy Property at an Auction
Greg Breitfelder, Comey & Shepherd's licensed property auctioneer, provided me with these helpful pointers to guide buyers leading up to and at a property auction. Registration ‐ Bidders typically need to register before the auction, this is a simple form to fill out so that the bidder … [Read more...]
WLWT’s Irresponsible Reporting on the Cincinnati Real Estate Market
Here is my letter to Richard Dyer GM of WLWT Channel 5 Cincinnati. The hypocrisy of this news station to advise people to not use Realtors is irresponsible. Please voice your opinions on this to him. Mr. Dyer: I just saw a teaser for a story that you plan to run on Monday, June 8 about how people … [Read more...]
Cincinnati Has Highest Home Vacancy Rate in the Nation
Cincinnati sits atop the list of the most vacant properties in a city. WCPO reported that there are about $4 million vacant properties nationwide. Cincinnati's Over-the Rhine Neighborhood has the highest vacancy rate in the Tri-State area. Vacant homes can have a substantial impact on home values … [Read more...]
Cincinnati Named 3rd Quietest City in the U.S.
WCPO news reported the results from a Men's Health Magazine poll that named Cincinnati the third quietest city in the nation. They based their results on a whether cities have noise ordinances, how much traffic they have and how many residents say they get less than seven hours of sleep per night. … [Read more...]
Memorial Weekend Fun in Cincinnati
Since it is the start of the holiday weekend that kicks off the Summer 2009, I thought I would stray from my usual Cincinnati Real Estate informative postings and let people know where to have fun in Cincinnati this weekend! Please check back next week to hear more specific information about the … [Read more...]