Eric Lowry's Articles Archives

The Lowry Team Hires Michael Kendrick as Buyer Specialist

October 26, 2015 by Eric Lowry

The Lowry Team at Keller Williams Realty is excited to announce that Michael Kendrick has joined the team as a Buyer Specialist. Michael Kendrick is a full-time real estate professional, specializing in working with home buyers to find single family homes and condos in the Cincinnati area. The Lowry Team specializes in the Northern Cincinnati suburbs such as West Chester, Liberty Township, Mason, Fairfield, Monroe, and the surrounding areas.

Michael has a degree in Communications from Northern Kentucky University and has lived in the northern suburbs of Cincinnati since graduating in 2002. Michael is married, has three young boys and spends his free time with his family, bouncing around to kids birthday parties, sports activities and enjoying all the great things the city of Cincinnati has to offer – whether it be taking in a Bengals game, a local festival or spending time at the pool with the kids.

Michael’s focus on The Lowry Team is based on targeting new clients currently or soon to be in the market for a new home. His strong background in sales and extensive knowledge of the area make him a valuable asset to anyone looking to purchase a home.

If you are interested in learning more about the communities and the housing in the Cincinnati area, contact us at 513-874-1830.

The Lowry Team – Keller Williams Realty is an award winning, full service real estate firm specializing in West Chester, Liberty Township, Mason, Monroe and the Northern Suburbs of Cincinnati. The Lowry Team’s culture is that of a fun, high energy group who prides themselves on providing personal, professional real estate service.

The Lowry Team is “Different By Design”… taking a team approach to home buying and selling. The Lowry Team consists of members that are focused on areas of specialization including Listing Specialists, Buyer Specialists, Transaction/Listing Coordinator, Inside Sales Associate and a Marketing Director.

Don’t Hire an Agent…Hire a Team. The Lowry Team.

Buyers and Sellers can reach The Lowry Team Keller Williams at 513-874-1830.

West Chester and Liberty Township Ohio Real Estate Market Report

August 26, 2015 by Eric Lowry

West Chester and Liberty Township Ohio Real Estate Market Report

West Chester and Liberty Township Ohio Home Sales were flat when compared to the sales in West Chester and Liberty Township in July 2014. The 176 closed home sales in West Chester and Liberty Township in July is exactly one more than July 2014. Sales remain at the highest levels that we have seen since 2005. The ability for the sales levels to continue to increase is limited right now by a shortage of available homes for sale.

West Chester and Liberty Township Ohio Average Sale Prices were up 5.04% in July 2015 when compared to July of 2014. Average sale prices for West Chester and Liberty Township for year to date 2015 are now up 3.82% compared to 2014. The trend with home prices continues to be one of gradual and steady increases.

Days On Market for West Chester and Liberty Township Homes that closed in July 2015 was 61 which is virtually the same as July 2014. 61 days on market is historically a very low number and continues to reflect the fact that nice homes priced correctly are selling very quickly.

List to Sale Price Ratio for homes sold in West Chester and Liberty Township Ohio in July 2015 was 97.19% which is slightly higher than July 2014’s 96.51% These 97% plus ratios are very high and are also an indicator of both market strength overall and the continued shortage of homes for sale. Homes on the market less than 30 days sold for 97.91% of list price in July.

The Inventory of Homes for Sale in West Chester and Liberty Township has been low for quite some time now and has even dropped slightly lower. The current level of supply is at 3.3 months of inventory of homes for sale. 6 months supply reflects a balanced market, anything less than 6 months represents a seller’s market, which we are clearly in.

Interest Rates in the West Chester and Liberty Township area remain very low and have largely been very stable. The current rate for a 30 year fixed rate loan is approximately 3.99% for a conventional loan and approximately 4.25% for an FHA loan.

For more information on the West Chester and Liberty Township Ohio real estate market contact:

Eric Lowry, Team Leader & Listing Specialist 513-368-3751

West Chester Ohio Ranch Homes for Sale

West Chester Ohio Condos for Sale

Find Your West Chester Home Value

Liberty Township Ohio Ranch Homes For Sale

Liberty Township Ohio Condos For Sale

Find Your Liberty Township Home Value

Buying a Home Step 1: Get Pre Approved

August 10, 2015 by Eric Lowry

Buying a Home Step 1: Get Pre Approved

Thinking of buying your first home? Your first step should be to get pre approved. Not quite sure what a pre approval really is? Read on and find out why it’s SO important…

A pre approval is a dry run of the loan process. A mortgage lender gathers information from you regarding your income, debts, assets, etc. to determine how much home you can afford. The lender will be able to give you a hard number that you are pre approved up to, and will be able to give you a run down of what your monthly payment would look like at each price point. There may also be several different loan types available to you depending on your situation. You may qualify for FHA, VA, USDA or Conventional. A lender will be able to talk you through your options and help you determine which would be the best fit for you.

Getting pre approved not only builds a great foundation of knowledge for starting your home search, but it also provides a great amount of comfort. How are you ever going to feel comfortable making the biggest purchase of your life if you’re not familiar with and comfortable with the numbers first?

Another very important aspect of getting pre approved before going out to look at homes is that it saves you from heartbreak. Imagine you’re out looking at some homes on the weekend with your Realtor and you walk inside one that is just perfect for you. It’s got an awesome kitchen, a finished basement, a great backyard, and whatever else might be on your wish list. You will likely be so excited and thrilled at the possibility of getting this home that you want to get an offer in right away. Sorry, I have some bad news for you. You can’t submit an offer without sending a copy of your pre approval letter with it. You can try to get in touch with a lender to get pre approved, but most likely you won’t be able to until Monday rolls around. And if you have to wait, in today’s market, you won’t get the home. Trust me, that can be absolutely heart breaking and you don’t want that. So when I say it’s in your best interest to get pre approved first, I really mean it.

Stay tuned to find out about step 2!

Don’t Hire an Agent…Hire a Team. The Lowry Team.

Buyers and Sellers can reach The Lowry Team Keller Williams at 513-874-1830.

Other articles that may interest you:

The Value of Being Pre Approved

1st Time Home Buyer Specialists

No Regrets for First Time Home Buyers

A Real Estate Career In Cincinnati Ohio

May 18, 2015 by Eric Lowry

A Real Estate Career In Cincinnati Ohio

There is a lot to a career in real estate, whether you are in Cincinnati Ohio or somewhere else. Choosing a broker is one the biggest decisions you will need to make.

Your choice of broker to affiliate yourself with is a huge decision. Does the potential broker have a plan for you to get into production quickly? Real estate is a challenging business to get started in. You will need a very specific training and education regimen to give you the best chance to survive and thrive in real estate sales. This plan should be written and specific. Will the broker be providing you with mentor to support you and answer questions for you in your first months and beyond?

What technology will the broker provide to you and what is the cost? Technology is an incredibly important factor in your success in real estate. Does the broker you are considering offer you a complete website / lead generation platform or do they just offer a web page on their website?

Does the website / lead generation platform the broker offers connect to a full CRM for lead follow up and lead conversion and does it allow you to stay connected to your sphere of influence in a personalized way?

How will the broker you are considering help you develop a pipeline full of home buyer or home seller leads or will they at all?

Will the prospective broker assist you in setting monthly and annual income and sales goals?

Will the broker provide one on one success coaching weekly ton insure that you are on track to hit your goals?

Will the broker provide contract to close assistance so that all of your time isn’t taken up by administrative tasks?

Should you consider joining a real estate team? A real estate team will generally provide a much higher level of support and lead generation systems and technologies that a traditional broker. The Lowry Team – Keller Williams Realty provides the best in technology and coaching / training to insure your real estate career is everything that you want it to be. To learn more about career opportunities with The Lowry Team visit: www.CincyRealEstateCareers.com

About The Lowry Team:

The Lowry Team – Keller Williams Realty has built a reputation for honest, professional real estate service. We are committed to providing personal service combined with cutting edge technology to assist you every step of the way in your move. Lead by Eric Lowry, this team of professional real estate agents are committed to the results you seek.

Are you looking for a real estate agent that will represent your best interests, that knows the local market and cares about providing great service? We are a full service real estate firm that truly believes that our success is totally dependent on our client’s satisfaction. Our focus on the Northern Cincinnati suburbs of West Chester, Liberty Township, Mason, Monroe and Fairfield Township allows us to provide expert real estate advice and services to our clients to insure they have a great home buying experience. Whether you are buying a home or selling one, staying local or moving across the country or even internationally we can help.

7878 Quail Hollow Court West Chester OH 45069

May 12, 2015 by Eric Lowry

West Chester Ohio Homes For Sale

7878 Quail Hollow Court West Chester OH 45069

Just Move In! This Home Is A True Must See Featuring A Warm, Inviting Family Room, Terrific Finished Lower Level, Beautiful Screened Porch And Backyard Setting All Located On A Cul-De-Sac Lot. Newer Roof (13), Heat Pump (14), Windows & Siding. Don’t Wait To See This Terrific Liberty Township Oh Home For Sale!

Property Details – 7878 Quail Hollow Court West Chester OH 45069

[property_details details=”1″]

Property Photos – 7878 Quail Hollow Court West Chester OH 45069

Property Map – 7878 Quail Hollow Court West Chester OH 45069

For more information about this home or to schedule a time to see it, please Contact The Lowry Team and we will get back to you as quickly as we can. You may also reach us by phone at 513-874-1830.

View Luxury Homes For Sale In West Chester OH Here

View Ranch Homes For Sale In West Chester OH Here

View Single Family Homes For Sale In West Chester OH Here

Home Prices Are Rising. Find The Value of Your West Chester Home Here!

6313 Redmont Court Liberty Township OH 45044

April 14, 2015 by Eric Lowry

Liberty Township Ohio Homes For Sale

6313 Redmont Court Liberty Township OH 45044

Terrific 3400+ sq ft home on a cul-De-Sac lot. Large family room & kitchen, 1st floor study adjoins full bath, 4 beds & loft upstairs, formal living & dining rooms, 2 story foyer, cath master w/Garden bath, 3 car garage, pool community. Don’t Wait To See This Terrific Liberty Township Oh Home For Sale