Cincinnati, OH Real Estate News

By Guy Adams, I'm Your Guy!
(Berkshire Hathaway HomeServices Professional Realty)
Insurance is usually the last thing people worry about when they are buying a new home. According to the Insurance Information Institute, that's a mistake, because it will be an expense a buyer will have as long as they own the property. Here are some key issues that the institute urges every buyer to consider: • How far is the home from the fire department? A location close to the station usually means lower insurance costs. • What is the condition of the plumbing and electrical systems? Older and poorly maintained systems cost more to insure. • Does the property meet current building codes? Up-to-date properties are safer and also cheaper to insure. • What about wind damage? If insurance against windstorms is required, is private insurance available or will the buyer have to rely on ...
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By Alison Moss, Cincinnati Real Estate
(Keller Williams Seven Hills)
  I Missed the $8,000 Housing Tax Credit so Should I Still Buy a Home? In recent days I have had a few phone calls from first time home buyers asking me if they should still buy a house even though they missed the $8,000 tax credit. In some cases they could not find the right house, or they did not hear that the credit was extended. Regardless of the reason they missed credit I tell the same thing; YES! There are a number of reasons that this is a good time to purchase a home. First is that over the long term Real Estate has been a solid long term investment. Over the years Cincinnati has seen relatively stable property value appreciation. Our property values did rise and fall with the rest of the country over the last 6 years, but we did not have the dramatic soar and crash like Miami,...
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By Alison Moss, Cincinnati Real Estate
(Keller Williams Seven Hills)
  EPA Issues New Lead Based Paint Regulations At the end of April the EPA issued new regulations for contractors who work in homes built before 1978. Before 1978 paint was made with lead as a base ingredient, and therefore the EPA has issued a mandate that all contractors receive proper training on how to safely work in homes that may have Lead based paint in them. If you have been thinking about doing a bathroom renovation, or possibly have dreams of a new kitchen it is important for you to now make sure that your contractor is certified by the EPA to work in an environment with Lead based paint. The contractor must take a course and pass an exam to be certified, or be supervised by someone who is certified in order to do the work. In real estate transactions bank underwriters are requ...
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By Alison Moss, Cincinnati Real Estate
(Keller Williams Seven Hills)
  Popular Real Estate Bathroom Renovations Every year trends in bathroom renovations change. Materials, technologies, and even the color palates change with the year and season. RSI media interviewed a number of renovation contractors and architects to better understand the demand for renovation and the types of renovations home owners are looking to do. According to the interviews with architects requests for kitchen and bathroom renovations are on the rise compared to last year. 28% say there is greater interest in kitchen and bath remodels compared to the same time last year! In addition the trends seem to be thoughtful, modest improvements. Unlike in years past, homeowners are being careful not to over improve their homes and they are considering the amount they will recoup when the...
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By Alison Moss, Cincinnati Real Estate
(Keller Williams Seven Hills)
  Relocating to Cincinnati Recently I have had the pleasure of working with a number of clients relocating into Cincinnati. What my relocating clients found out was the real estate transaction process is different in every state and every city. For example, when purchasing real estate in New York and other states you are required to have a lawyer draft the contract. In Cleveland the home seller pays for the buyer’s home owner’s title insurance policy. In Cincinnati the seller pays both the Selling agent and Buying agent commissions. In addition it is becoming more common for sellers to pay for the buyer’s title insurance policy. Locally most real estate contracts have standard language that is reviewed and approved by real estate lawyers, so there is no need to retain a separate lawyer ...
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By Saralou Durham, Cincinnati Perspective Hyde Park,Anderson,Mt. Adam
(RE/MAX Preferred Group - Cincinnati Real Estate Team)
Clark Montessori High School in Hyde Park is a candidate for President Obama's White House Race to the Top Commencement Challenge.  If the school wins their campaign, President Barack Obama will be speaking at their commencement ceremony to be held at Crossroads Community Church on May 27. The original application involved answering four essay questions and submitting a two minute video. It was entirely student run.  They emphasized the school as a model for educational success for other high schools across the country.  The contest was narrowed down to six after the original submissions.  As one of six finalists for the special visit by Obama, the students have produced another video that is on the White House website to tell the school's story to voters.    You will go on the site and...
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By DotLoop Company
(The DotLoop Company)
Local Cincinnati agent Kevin Duffy was recently asked about the evolution and future trends of real estate. One of the major problems, as he pointed out, is getting the clients into the negotiation process. Kevin puts it much more eloquently than I ever could, so I'll let him do the talking:
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By Saralou Durham, Cincinnati Perspective Hyde Park,Anderson,Mt. Adam
(RE/MAX Preferred Group - Cincinnati Real Estate Team)
This week, my garden club had an exciting visit to the Cincinnati Zoo and Botanical Garden to hear about the Green Roof on top of the giraffe enclosure.  Steve Folz, Director of Horticulture at the Zoo, discussed their research into green roofs with their roof and others in the cincinnati area. You saw a picture of the giraffe roof as part of the video on the previous post.  It was absolutely impressive to see how they have designed the roof and the benefits it is providing.  As we heard more about the other Green initiatives at the Zoo and toured Green areas, I realized how little I knew about what they were doing.  The Zoo is more than a non-profit caring for animals or beautiful gardens, it is now an example for all businesses and individuals of things that can be done to protect the...
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By Saralou Durham, Cincinnati Perspective Hyde Park,Anderson,Mt. Adam
(RE/MAX Preferred Group - Cincinnati Real Estate Team)
Architreks walking tours of Cincinnati neighborhoods start again on May 1.  This program features seven different programs that explore these historic districts and properties of significance.  The program is run by the Cincinnati Preservation ­Associationwith the help of trained volunteers.  The private, nonprofit, membership organization serves the Greater Cincinnati community as the recognized resource and catalyst for the preservation of historic cultural resources. Their programs focus on education, advocacy, and technical support. Historic cultural resources include architectural and archaeological sites, historical public art and monuments and landscapes. This year, a walking tour has been added of Walnut Hills and East Walnut Hills.  Other neighborhoods featured are Downtown Cin...
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By Ellen Epstein
(Keller Williams ADVISORS Realty)
Hi Everyone,   I hope you check out my new blogsite.  Here it is.  i am your Pet Friendly Real Estate Professional. I will regularly post ideas about Ohio and Northern KY and information relative to places to visit with your pets, places of interest to pet owners (vets, dog parks, pet and owner events, community information.)  I am owned by a rescue Rhodesian Ridgeback, Cavalier King Charles Spaniel, a Siberian cat and a ferral cat.  If you love your pets and are interested in real estate, lets blog together.    
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By Kris Cooper
(RE/MAX Go Beyond)
New Listings 263 Back on Market 17 Price Increases 8 Price Reductions 212 Pendings 134 Solds 46 Expireds 29 Inactives 42 Visit our blog at The Home Finder Network Blog
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By Saralou Durham, Cincinnati Perspective Hyde Park,Anderson,Mt. Adam
(RE/MAX Preferred Group - Cincinnati Real Estate Team)
There were 55 homes sold in the Forest Hills School district, including Anderson Township and Newtown in the month of March.  Currently, there are 77 pending sales...a great number for March. When looking at the average and median prices from last year to the first quarter of the year, all have gone up.  Surprisingly, the number of Days on the Market has increased from 85 last year to 96 in the first quarter.  That may reflect the increased number of foreclosures and short sales.  Buyers continue to want homes that are in good condition versus neglected homes.                          March buyers were trying to take advantage of the tax credit as the deadline approaches, but employment worries have remained an issue.  As a result, most of the housing demand has occurred at the low end ...
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By Saralou Durham, Cincinnati Perspective Hyde Park,Anderson,Mt. Adam
(RE/MAX Preferred Group - Cincinnati Real Estate Team)
The Hyde Park, Mt. Lookout, Oakley and Columbia Tusculum neighborhoods have had 54 homes sell in the month of March, 2010.  The average Days on the Market is 102, remaining the same as the past two months.  March buyers were trying to take advantage of the tax credit as the deadline approaches, but employment worries have remained an issue.  As a result, most of the housing demand has occurred at the low end of the market. Nationally, both the traffic from buyers and the prices have increased to their highest level since Summer of 2006. The number of Days on the Market has remained stable for homes sold. A reduced time to sell would be a positive indicator for future pricing trends. Lawrence Yun, chief economist for the National Association of Realtors says the the surge of both closing...
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By Saralou Durham, Cincinnati Perspective Hyde Park,Anderson,Mt. Adam
(RE/MAX Preferred Group - Cincinnati Real Estate Team)
There were no sales in the month of March in Mt. Adams.  Over the pst year, there have been 22 closings in an average of 141 Days on Market (DOM).  Since January, the number of DOM has remained virtually the same at 146 Days.  There are currently two properties pending closing. March buyers were trying to take advantage of the tax credit as the deadline approaches, but employment worries have remained an issue.  As a result, most of the housing demand has occurred at the low end of the market. Nationally, both the traffic from buyers and the prices have increased to their highest level since Summer of 2006. The number of Days on the Market has remained stable for homes sold. A reduced time to sell would be a positive indicator for future pricing trends. Lawrence Yun, chief economist for...
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By Saralou Durham, Cincinnati Perspective Hyde Park,Anderson,Mt. Adam
(RE/MAX Preferred Group - Cincinnati Real Estate Team)
We've talked before about the many Art Walks in various parts of the city...now there is a Wine Walk. You'll be happy you stumbled upon the many wonderful shops in O'Bryonville.  Located between East Walnut Hills and Hyde Park, O'Bryonville's village-like business district is full of unique boutiques, funky shops, restaurants and cafes...one of 52 interesting neighborhoods in Cincinnati. The Wine Walks will be held on the third Thursday of the month from now until December.  The participating businesses will extend their hours from 5:30-8 PM.  Complementary wines and refreshments will be served as you browse. This year, the concept has been expanded.  A portion of the proceds from each months sales will go to support the selected non-profit for the night.  This week's theme is a Walk on...
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By Saralou Durham, Cincinnati Perspective Hyde Park,Anderson,Mt. Adam
(RE/MAX Preferred Group - Cincinnati Real Estate Team)
Saralou Durham of The Cincinnati Team | RE/MAX Preferred Group | 513-646-4819 7167 Northwich Drive, Cincinnati, OH Private Location with Wooded Lot 4BR/2+1BA Single Family House offered at $410,000 Year Built 1985 Sq Footage 2,941 Bedrooms 4 Bathrooms 2 full, 1 partial Floors 2 Parking Unspecified Lot Size 74,792 sqft HOA/Maint $0 per month DESCRIPTION Warmth exudes from this gracious, brick 4 bedroom home. Located on a private drive in one of Anderson Township's most desireable subdivisions, the original owners have made many upgrades. The kitchen was remodeled by noted Neal's Construction. New master bath with jacuzzi tub and separate shower. Deck overlooks wonderful wooded lot. see additional photos below PROPERTY FEATURES - Central A/C - Central heat - Fireplace - High/Vaulted ceil...
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By Saralou Durham, Cincinnati Perspective Hyde Park,Anderson,Mt. Adam
(RE/MAX Preferred Group - Cincinnati Real Estate Team)
Saralou Durham of The Cincinnati Team | RE/MAX Preferred Group | 513-646-4819 3528 Pape, Cincinnati, OH A Great Neighborhood within Walking Distance of all that Hyde Park has to Offer! 2BR/2BA Single Family House offered at $275,000 Year Built 1917 Sq Footage 1,641 Bedrooms 2 Bathrooms 2 full, 0 partial Floors 2 Parking Unspecified Lot Size 4,800 sqft HOA/Maint $0 per month DESCRIPTION Springtime fresh! Darling home with many windows that bathe the home in light. Updates include a new bath on second floor, appliances, electic, plumbing, a/c, roof, and more. Hardwood floors. Walk to picnics in Ault Park, dinner at Cumin and grocery. see additional photos below PROPERTY FEATURES - Central A/C - Central heat - Fireplace - High/Vaulted ceiling - Walk-in closet - Hardwood floor - Tile floor...
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By Kris Cooper
(RE/MAX Go Beyond)
Just a quick weekly update from your Mortgage Partners:   Rates: 30 year fixed 5.125% 15 year fixed 4.50% 7/1 ARM 4.25% 5/1 ARM 3.75 FHA 5.125% Jumbo Fixed 5.85% Jumbo 5/1 ARM 4.15% Market News Stocks are trading higher this morning based on last Friday's positive Jobs Report, which was released when the market was closed for the Easter holiday. The boost in Stocks is applying selling pressure to Mortgage Bonds. In today's news, Pending Home Sales saw an 8.2% jump during February, which is a good sign for the housing market. With Mortgage Bonds already under selling pressure and with another Treasury auction due this afternoon, I recommend locking loans at this time.   Visit our blog at The Home Finder Network Blog
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By DotLoop Company
(The DotLoop Company)
dotloop.comWith spring upon us, a lot of us are focusing on the new, which is great, because we are doing the same here at DotLoop. But, with all this talk about the new, I decided to end the week talking about the old. Last night, my girlfriend and I had dinner downtown and afterwards, we walked through the city with our necks craned towards the beautiful night sky as we admired some of the old gorgeous buildings, many of them a century or more old. We also walked past the new Great American Tower which is quickly on its way to completion. It looks pretty and shiny and new, but we both agreed that its glass walls don't offer the same majestic look as the hand-carved stone facades of the older buildings, especially in light of their beautiful ornate features. I've discussed renovation h...
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