Here is the 24 hour update for Cincinnati area Real Estate. This is a daily snapshot of what is happening in the Cincinnati. This report is from Saturday and as most offices do not enter data on the weekend it looks slow.   New Listings29  Back on Market2  Price Increases0  Price Reductions22  Pendings7  Solds6  Expireds62  Inactives2  We had 29 new homes come on the market and 2 homes that were off market that are available again for 31 new properties to look at. We also had 62 that could not sell in the time they were being marketed and 2 more that for some reason decided to take their home off the market.If you have any questions about the Cincinnati area feel free to call or email me.If you would like to visit my website just click the link below.         www.Find1Home.com   09/08/2007

Here is the 24 hour update for the Cincinnati area for real estate activity.New Listings259  Back on Market28  Price Increases20  Price Reductions257  Pendings100  Solds81  Expireds62  Inactives60  We had 259 new homes go on the market and 28 homes go back on the market for 287 available homes added that are for sale. We also had 100 homes enter into a contract to purchase. The number of price reductions were just under the number of new homes on the market.For information on your neighborhood please give me a call or email me.       www.Find1Home.com   09/07/2007

Here is the snapshot of real estate activity in Cincinnati in the last 24 hours.New Listings271  Back on Market32  Price Increases7  Price Reductions174  Pendings98  Solds60  Expireds54  Inactives83   We have 271 new listings and 32 that are back on the market for a gain of 303 homes for sale. The exsisting inventory went down by the 98 pending homes. 54 more homes expired in the last 24 hours and 83 people got tired and withdrew their homes from the market.  09/07/2007

Here are the Cincinnati area market results after our long weekend! Sold properties look a little high but that will include closings from Friday late afternoon. New listings and Back on the Market are up also to reflect the long weekend.New Listings308  Back on Market74  Price Increases19  Price Reductions286  Pendings133  Solds175  Expireds64  Inactives54   There are 382 homes that were made available for sale over the weekend and 175 actually closed. This reflects the last day of the month which is the busyiest day for closings. In the mean time there are 382 new and back on the market homes available and 133 of those went pending. If you compare the newly available homes to the pending it looks like you have a 1 in 3 chance of selling your home in our current market. 09/04/2007

 Here is the activity in the last 24 hours in the Cincinnati MLS.New Listings8  Back on Market1  Price Increases1  Price Reductions8  Pendings6  Solds4  Expireds55  Inactives1   As you can see there were 8 new listings. The price increase is on a home that has been on the market for 18 months. They started at 200,000 and dropped to 165,000 over this time. I guess they realised that they could not afford to sell for that price so they raised it to 175,000. We do have 6 properties that went under contract to sell and 55 that went through their contracted marketing period without selling.  If you want to visit my website about Cincinnati Real Estate please feel free to click on the highlited text.    09/02/2007

 I am tired of the media talking about how bad the housing market is. This a great market for a first time home buyer or a step-up buyer. Prices on homes are down and that means you can get more value than a year ago. One of the commercial banks that I deal with still has 9 programs available that allow for 100% financing. The State of Ohio has a First Time Buyer Program. The requirements are that you can not have owned a home in the last 3 years. There are target areas in parts of the state that requirement is waived and currently the 30 year fixed rate is 6 3/8%. The current market is very good for buyers so if you are thinking of buying a home now is the time. 09/02/2007

The new Columbia Square will be located at the corner of Delta Avenue and Columbia Parkway in the Heart of Columbia Tusculum and has a projected cost of $24 million dollars. There will be four total buildings that comprise Columbia Square. Three of these buildings will be located on the south east corner of Delta Avenue and Columbia Parkway, near the Precinct and the Junior League of Cincinnati, both of which will remain in their current buildings. The fourth building will be on the north west corner of the intersection. This project is planned to take almost 10 years to complete in two phases. This development projects are to add 160 full-time jobs to the Columbia Tusculum and Cincinnati Communities that surround it.From what we know in the community and on the Neyer Development Websit... 08/28/2007

Transferring utilities is something ost people forget when all of the other aspects of moving and buying a house are at the front of their minds.You will want to schedule these utility moves for the day of closing.  Both water and electric need to get a final meter reading.  Usually there is an exterior water reader, H20 Water sent via radio waves, but Duke Energy usually needs to get into the house in the Hyde Park areas, in the older homes.  They will tell you on the phone if this is the case, and we will need to arrange to have a door left open for them (they also often have keys to the side basement doors).  This is the best way to handle it.  They only give service windows from 8-4 and that is impractical for most people to wait that long.  So, if you are a seller, arrange to have ... 08/28/2007

The 2007 Annual Homearama is just around the corner in the Greater Cincinnati area. This years 47th Homearama will take place at The Vintage Club in the City of Montgomery, a development from Great Traditions Land & Development Company. The Vintage Club is an exciting "village style," pedestrian friendly, mixed use community with single family residential homes designed for the high-end move-up family, and empty nester buyer; and condos designed for professionals and empty-nesters. The community will be gated and feature the "Vintage Club" - a clubhouse amenity that will serve all homeowners with pool, exercise facilities and gathering room. The annual Homearama event allows local Cincinnatians to tour homes with the most unique floor plans, decorating ideas, landscaping and furniture. ... 08/28/2007

  Just a comment from a Cincinnati realtor. My electric power service provider is now offering an option to go green. The power that you would purchase would be provided from renewable resources. They are willing to offer this service for a small fee. For my power costs it would just about double my electric portion of my monthly bill. At what point do you put money before the efforts of a greener world? Is the electric company justified in doubling the cost of power to go green?  08/24/2007

I am seeing another strong day for new homes to coming on the market in Cincinnati. In the last 24 hours 231 people put their home on the market. Another 217 homes that have been on the market have had their price reduced. 71 homes successfully closed escrow. New Listings231  Back on Market25  Price Increases21  Price Reductions217  Pendings90  Solds71  Expireds56  Inactives68   08/24/2007

HELLO  I HAVE 9 LISTINGS AVALIABLE STARTING AT 10K-114,900 . cONTACT ME FOR MORE INFO. 08/16/2007

 I received an email from a client yesterday and feel that I need to share it. Here is what they wrote to me."Thank you for all this work......I have to ask however....as We have never had  Real Estate agent do so much....Why so much effort from you?" Let me start off by saying that I am the lucky number 3 agent to list this property. I am probably the first one to market it. The home has been available for over 8 months. There was no internet presence for the home previously. The property which is the lowest priced home of its kind in the city had one open house held before me.  The bedroom was a depressing dark color and I was able to get the owners to repaint it lighter. I then held the home open 10 days after listing it. The main comment by the people that came in was that the kitch... 08/14/2007

  Cincinnati has the dubious honor of being ranked number 8 by Forbes magazine. Normally to be ranked so high by a magazine as prestigious as Forbes is a great thing. Unfortunately the articles title is "Riskiest U.S. Housing Markets". I am sure that people that live in Cincinnati love to know that Forbes believes that we are currently "precariously teetering and are not well equipped to handle further downturn. "To read the entire article please click on the link and it will open in a new window. http://www.forbes.com/2007/07/17/risk-housing-homes-forbeslife-cx_mw_0717realestate.html 07/29/2007

   What has respect got to do with Real Estate? In my opinion a lot. Let me tell you a little story.   I was holding a home open in June. A young couple came into the home and viewed it. On my open house house registration form they said that they were not working with another agent. They also let me know that they were pre-approved for a loan. I asked them who they were going through to get financed and they told me the name of the mortgage broker.    This broker works with referrals and does not do any walk in business so I knew that another agent had sent them there. I explored with them what they were looking for in a home and the price range that they were interested in. I tried to find out who the other agent that they had met was but they told me they could not remember. I knew t... 07/28/2007

  I tried to schedule a showing on a property for Thursday evening. The home is listed by a listing service. In Ohio with proper disclosure signed and documented a brokerage can list a home on the MLS and offer absolutely no service to their "client".  The showing instructions said to call the seller directly at a given phone number. The number was picked up by an answering machine that had reached its limit so no message could be given. I called the brokerage and let them know my dilemma. They in turn called the seller and in return gave me the message that the seller was out of town. The seller also did not rent a lock-box from the brokerage so they have to go unlock the home. The brokerage also told me that the seller will be back in town on Saturday and we can arrange showings for t... 07/26/2007

                                                      For those of you that read my June 20 entry entitled "Why Stage A Vacant?"  I can now answer the hypothetical question I had posed...The reason to stage a vacant is that a staged vacant sells and in this case                                                                                     IT SOLD IN 2 WEEKS!Thre are many reasons that it is essential to stage a vacant but I am convinced that there are 2 reasons that stand out above the rest:Effective staged photos get showings while it is next to impossible to grab the attention of a prospective buyer with 4 empty walls.If you want the buyer to fall in love you must have attractive furnishings that compel the buyer to "feel" the advantages of the home...it's tough to do that when e... 07/08/2007

  I received a call from a potential seller that had found me on .   They wanted to sell the home that they purchased in June of 2006. At that time they paid 170,400 with the sellers contributing to their closing costs. They purchased the home using 100% financing. No they were not having trouble making the payments but had the chance to move to a subsidised housing area with their employer.   Doing the seller net sheet and trying to work in the prepayment penalties I came up with a number that was to high for the area and type of home. I told them that the only way I could see their home selling was if they were willing to bring money to close which they were not willing to do.  The home is now on the market at 189,900 a price to high to make sense in the area and in this market when w... 07/02/2007

Summer is a wonderful time to maximize the Curb Appeal of your house. We know all the standard Curb Appeal Do's such as water the lawn, trim the bushes, power wash, etc.... I see alot of houses on the market that have followed all the tips and their homes look, how shall I say..."very well groomed " That's a great thing...its better than weeds in the landscaping and a dirty front door, however sometimes it just looks standardized. Yard is green and mowed (check!), bushes trimmed (check!), 2 flower pots on either side of the front door (check!), and new mat (check!...double check!)....you get the idea here.    The Curb Appeal can be "neat" but sometimes lack personality.  Summertime gives you that opportunity to create Curb Appeal that will have potential Buyers hearts pounding as soon a... 07/01/2007

  I just pulled the 24 hour market watch for my area. I think that the numbers say it better than anything that I could come up with.   Just a thought though how do we explain to 572 home sellers that the market is getting better when we can only prove it to 14?   24-Hour Market WatchNew Listings43  Back on Market4  Price Increases2  Price Reductions23  Pendings8  Solds14  Expireds572  Inactives7   06/30/2007