Greater Cincinnati Luxury Market Update – Multiple Listing Service Stats

A few months ago I gave you information about the upscale housing market in the Greater Cincinnati area.  Those areas included Butler, Warren, Hamilton and Clermont counties.  We discussed the Jumbo Mortgage Market, and how tight control on the interest rates for the luxury home market may be slowing the housing market, at the “grass roots” level.

I just put together an update with closed sales stats through November 15, 2009.  I thought you might like an update. Read more

Once Upon a Time, In a Land Far Away, The Re-Fi Appraisal Wasn’t So Deadly

Once upon a time (13 years ago), in a far away land (east side of Cincinnati) lived a beautiful princess (well, I’m “ok” looking, but certainly no princess).  The beautiful princess wanted to help nice people live in pretty castles. When it came time for nice people to sell their castle, the princess wanted to make sure her nice clients took home plenty of gold coins as a result of the sale. The princess was a pretty quick learner, and very quickly became a trusted expert in castle buying and selling in the far away land. Then, one day, a terrible darkness fell across the land. Suddenly, the castles were not selling quickly, or for as much coin! Suddenly the nice people were cranky! They didn’t like what the princess would show them! Some sounded distinctly like grumbling dragons when they spoke to her after reviewing numbers and hard evidence that the castle market was slowing dramatically. Many wanted to send her to the dungeon. Others just tossed her off the highest turret. She often landed in the moat and her princess frocks would be soiled. Read more

203K Rehabilitation Program – Breaking it down into 12 Easy Steps

I toured a home with a friend of mine the other day. She is tired of apartment living and with low, low interest rates, and a record number of homes in foreclosure, she realizes that now might just be a good time to make a move. Do you think that might have anything to do with hanging out with me? Nope. Me either. Anyway, we toured one home that, with a little love and a lot of work, will be a real good investment. We saw several issues commonly found in lender owned homes.  Then we went to the lower level and saw the “big problem”.  This home has a block foundation that is cracking horizontally, shifting, and needs attention…pronto. It’s a perfect contender for the 203k. Read more

RE/MAX Map! In REAL Time! You Have to See This!

If you are considering listing your home, you have to see this!  Do you need to more fully understand the power of the RE/MAX name? Are words just fine for you, but visual proof is even more important? Do you need to see how working closely with your favorite RE/MAX Unlimited agent gives you exposure to not just the buyers across town, but across the country?  Fair Enough……Then read on!! Read more