Posts Tagged Real Estate Markets
Use a REALTOR or sell it alone?
Posted by Kathy Landstra in Home Sellers, Real Estate Data on March 4, 2011
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Homegain.com, one of the many online real estate providers, recently surveyed over 1,000 home sellers. According to their survey, fifty-nine percent of home owners that used a REALTOR to sell their home were successful vs. 39 percent of For Sale By Owner’s, reflecting a 50 percent higher closing rate for those home sellers using a REALTOR. If you would like more information about the survey from Homegain, follow this link to the real estate blog from Homegain. |
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Fast Facts – Home Builders’ Economic Effect
Posted by Kathy Landstra in Real Estate, Real Estate Data on January 19, 2011
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According to an article published by the Associated Press today, the National Association of Home Builders claims some interesting economic effect for each home built. Their report says that each home built accounts for three jobs for one year and means $90,000 in various tax revenues. More about Home Builders and their end-of-year permit rush at msnbc.com. |
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Homes Sold Annual Report 2010
Posted by Kathy Landstra in Cincinnati Real Estate, Real Estate Data on January 14, 2011
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As shown by the chart on the left, Sycamore Township had the highest percentage of homes sold in Northeast Cincinnati for 2010. The 2010 volume of 147 was actually 2 homes sold ahead of 2009′s total of 145 homes sold. You can find more information on homes sold volume, total value analysis, average listing price, and average sold price for each of the ten neighborhoods we track in our 2010 Annual Homes Sold Analysis Report. You will need a PDF reader to access report. Click the title below.
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Home Price Declines – National View
Posted by Kathy Landstra in Real Estate, Real Estate Data on January 13, 2011
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The Los Angeles Times recently published this chart of the steepest home price declines in the U.S. It shows the major metropolitan areas (population greater than 250,000) with the greatest reduction in home prices from 2006-2008. It’s striking to see the concentration in California and Florida. Our “national crisis” has be greatly affected by essentially two states — and the automotive industry. The complete Home Price Decline article has a listing of the metropolitan areas and the percentage drop for the three-year period. |
Chart courtesy LA Times |
Cincinnati – Most Affordable City List
Posted by Kathy Landstra in Cincinnati Real Estate on January 12, 2011
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Photo courtesy mbbnda via Flickr |
According to Forbes real estate analysis, Cincinnati, Ohio ranks highly as one of the most affordable cities in the U.S. To make the list cities had to rank highly in the areas of home prices, overall cost of living, salaries for college graduates, and unemployment rates. WCPO-TV, a local Cincinnati station, has additional information, or you can see the entire article at forbes.com. |
Sibcy Cline – Top 100 Cincinnati Brands
Posted by Kathy Landstra in Cincinnati Real Estate, Real Estate on January 11, 2011
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According to the Cincinnati Business Courier’s 2011 Book of Lists: Sibcy Cline is one of Cincinnati’s Top 100 Brands. |
2011 Predictions and Observations
Posted by Kathy Landstra in Real Estate, Real Estate Data on January 11, 2011
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Photo courtesy corydalus via Flickr |
It seems that the New Year brings predictions and observations for all parts of our lives, and Real Estate is no different. Of the dozens of articles that I’ve seen, here are just a few that I’ve notices lately:
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What is a Home Warranty?
A home warranty is a service contract, normally for one year, which helps protect home owners against the cost of unexpected covered repairs or replacement on their major systems and appliances that break down due to normal wear and tear. Coverage is for systems and appliances in good working order at the start of the contract.
What is a Short Sale?
If a home is being sold for below what the current seller owes on the property—and the seller does not have other funds to make up the difference at closing—the sale is considered a short sale. A short sale is different from a foreclosure, which is when the seller's lender has taken title of the home and is selling it directly. Homeowners often try to accomplish a short sale in order to avoid foreclosure.
