8419 Edgeview Drive West Chester OH 45069 – Official Listing Page

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West Chester OH: New Listing For Sale

8419 Edgeview Drive West Chester OH 45069 –  Perfect For A First Time Homebuyer

8419 Edgeview Drive West Chester Ohio 45069

Perfect For 1st Time Home Buyer! Updated Kitchen Features Maple Cabinets & Stainless Steel Appls, Vaulted Great Room w/ Stone Fireplace & Wood Floor. Large Master w/Adjoin Bath & Walk-In Closet. Large Rear Patio Overlooks Flat Yard. Perfect For Entertaining. Don’t Wait To See This Terrific West Chester Oh  Home For Sale

8419 Edgeview Drive West Chester OH 45069 –  Perfect For A First Time Home Buyer

Property Details – 8419 Edgeview Drive West Chester OH 45069

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Property Photos – 8419 Edgeview Drive West Chester OH 45069

 

 

Property Map – 8419 Edgeview Drive 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.

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West Chester and Liberty Township Ohio Real Estate Market Report

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West Chester and Liberty Township Ohio Real Estate Market Report

Home SalesWest Chester and Liberty Township Township Ohio Home Sales were down 34.78% in March when compared to the sales in West Chester and Liberty Township in March 2013.  This decline is extremely large, especially when compared to the recent sales increases that we have seen over the last year.  The extremely cold Winter is likely playing a big part in this decline in home sales.  Also likely playing a part in the decline in home sales in our area is a lack of homes available for sale.  The inventory of homes for sale remains very low.

West Chester and Liberty Township Ohio Average Sale Prices were up 4.52% in March when compared to the average sale price in West Chester and Liberty Township in March 2013.  Home prices continue to see slow and steady improvement.  Future increases will likely be fueled by the shortage of homes for sale.

Find Your Home’s Current Market Value Right Here.

Days On Market for West Chester and Liberty Township Homes that closed in March 2014 was 78.  This is a dramatic improvement from the 103 days in March 2013.Avg. Sales Price

List to Sale Price Ratio for homes sold in West Chester and Liberty Township Ohio in March 2014 was 96.24% compared to 97.09% in March of 2013.  The list to sale price ratio is simply the percent of the current (last) list price of a home that it actually sells and closes for.  The list to sale price ratio can be a pretty good indicator of a real estate markets overall strength.  

The Inventory of Homes for Sale in West Chester and Liberty Township remains at very low levels.  Currently in the West Chester and Liberty Township real estate market there is just under 5 months of inventory. This represents a slight sellers market for the overall market.  This measure of the  inventory of homes for sale varies greatly depending on List vs Saleprice range.  The entry level 1st time home buyer market is much lower in inventory and is a very strong seller market.

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 4.5% for a conventional loan and approximately 4.25% for an FHA loan.

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West Chester & Mason Ohio Real Estate – This Month In Real Estate November 2012

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West Chester & Mason Ohio Real Estate: This Month In Real Estate – November 2012

This Month In Real Estate for November 2012 takes a look at the national home sale numbers and also reveals Keller Williams (KW) research on the key factors that drive 1st time home purchases.

According to Keller Williams (KW) research 1st time homebuyers are motivated by the following factors:

1.)  The current market

2.)  Financial readiness

3.)  Location and price

Today’s West Chester & Mason Ohio real estate market offers record low interest rates and lower home prices.  Location for these buyers is often driven by the proximity to the first time homebuyers current rental and of course affordability is always a factor.

Find Some Great Homes For First Time Homebuyers in West Chester Here

Find Some Great Homes For First Time Homebuyers in Mason Here

Other articles that you may find interesting:

Mortgage Interest Rates In West Chester & Mason Ohio

This Month In Real Estate – October 2012

West Chester & Mason Ohio Real Estate: This Month In Real Estate – August 2012

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West Chester & Mason Ohio Real Estate: This Month In Real Estate – August 2012

 

This Month In Real Estate for August 2012 takes a look at the national home sale numbers and also reveals Keller Williams (KW) research on the power of being pre-approved for a home loan.

According to Keller Williams (KW) research home buyers that get a full mortgage pre-approval are more likely to close on their new home compared to buyers who were only pre-qualified.  The research also shows that home buyers completed their contract negotiations within 3 days of submitting an offer.

You can start your home search right here:  http://www.LowryTeam.com/search

Other articles that you may find interesting:

This Month In Real Estate – July 2012

Searching Mason Ohio Homes For Sale

What’s The Best Mortgage When Buying A Home?

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What’s The Best Mortgage When Buying A Home?

Mortgage Financing - Mortgage Preapprovals West Chester & Mason OH Real EstateAre you planning to buy a home in West Chester, Liberty Township, Beckett Ridge or Mason Ohio in the near future?  If so, then you will likely need to get a mortgage.  There are a number of options available in the home mortgage market today and some of these options may be better for you than others.  The following is a brief summary of many of the options for home loans in the West Chester, Liberty Twp,. Mason and Cincinnati Ohio areas:

30 Year Fixed Rate Mortgage:  This one is the “old stand by”.  The rate is currently very low (approx. 4.25%) right now, although it is higher than some of the other options.  The best part of this mortgage loan is that the interest rate doesn’t change for the life of the loan.

15 Year Fixed Rate Mortgage:  Same basic premise as the 30 year fixed rate mortgage loan except the payback is calculated on 15 years so the interest rate is lower (around 3.50% today).  This mortgage loan is great for building equity quickly, but does come with a higher monthly payment.

Adjustable Rate Mortages:  These mortgage loans are mostly based on a 30 year re-payment schedule, but the interest rate may be fixed for just the first 3 or 5 years of the loan and then adjust from there based on market conditions.  These mortgage loans will get you the lowest possible rates (2.45% – 2.65% today) and will work especially well if you only plan to be in your home for 3-5 years.

FHA Loans:  An FHA mortgage loan  is a loan that is made by a bank or mortgage lender that is insured by the Federal Housing Authority (FHA) .  This insurance of the loan provides for lower down payments, lower closing costs as well as less restrictive qualification criteria.  FHA home loans are very commonly used by first time homebuyers.   In the last couple of years many other homebuyers have also turned to the FHA home mortgage loan as a very good option.

Special note:  The FHA Loan Limits were recently increased back up to the previous levels prior to the FHA changes made on October 1st, 2011.  Congress raised the FHA loan limits in a bill passed on November 17, 2011.  The current FHA Loan Limit in Butler County Ohio is $337,500.

VA Loans:  A VA Loan is a loan  that is made by a bank or mortgage lender that is insured by the U.S. Department of Veterans Affairs (VA).  This insurance of the loan by the VA provides for loans with no down payments, provided the homebuyer is eligible for the VA Loan program.

Other articles that my interest you:

FHA Mortgage Loan Limits Changing – Does It Matter?

Planning To Buy A Home Next Year?

Do  you have questions about the homebuying or home loan process?  Use the form below to contact us and we will get back to you as quickly as we can.

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    This Month In Real Estate For West Chester, Liberty Township & Mason Ohio

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    West Chester Liberty Township & Mason Ohio Real EstateThis Month In Real Estate For West Chester, Liberty Township & Mason Ohio – November 2011

     

    This month in real estate for November 2011 covers home sales and mortgage interest rates, which are holding steady in the 4.00 – 4.25% range.

    Also discussed this month are 1st time homebuyers and what the Keller Williams Realty research says about the type of home that 1st time homebuyers are buying.  Over half of all first time home buyers stay in the same area where they were renting.  More than 75% of them purchased a single family home that was at least a 3 bedroom, 2 bath home.

    >>Search homes for sale in West Chester Ohio right here<<

    >>Search homes for sale in Liberty Township Ohio right here<<

    >>Search homes for sale in Mason Ohio right here<<

    For more information on buying a home, local real estate market conditions and interest rates, please use the contact form below and we will get back to you as quickly as we can.

    Other articles that you may be interested in:

    What Are Home Mortgage Interest Rates In West Chester & Mason Ohio?

    LowryTeam.com Real Estate Trends Report – October 2011

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