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 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...]
Homebuyer Tax Credit Questions Answered
Frequently Asked Questions About the Home Buyer Tax Credit As a follow up to my Guidance for the First time homebuyers entry a couple of months ago, I found a link to answer most of the questions buyers have about the 2009 tax credit. This credit is a caveat to many buyers in the Cincinnati Real … [Read more...]
Refinancing your home: Borrower Beware
If you refinance your home here are some tips for buyers of Cincinnati Real Estate to be sure that your old loan has been closed out. 1) Be sure to purchase the consumer protection insurance. Even if you have worked with the title company for years, companies that have been around for years … [Read more...]
$8,000 Tax credit cannot be used for down payment
The Arizona Republic ran a story about the fact that Federal officials on Monday reversing an earlier decision to allow first-time home buyers to use an $8,000 tax credit to borrow the down payment on a home. Lenders, home builders and real estate agents were in favor of the bridge loan … [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...]
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 methamphetamine labs. There are many hidden dangers that the layperson may … [Read more...]