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This Month In Real Estate: January 2015

January 23, 2015 by Eric Lowry Leave a Comment

This Month In Real Estate: January 2015

Here are just a few of the national numbers we are tracking for you right now.

According to the National Association of Realtors, the number of projected home sales dipped to 4.93 million.

The national median home price for existing homes decreased to $205,300. That’s down 1.1% from last month and up 5% from the same time last year.

Finally, according to Freddie Mac and local lenders, the average for a 30 year fixed mortgage rate is down from last month to about 3.8%

To find out how these numbers affect home prices in our area, contact Eric Lowry, CEO and Listing Specialist of The Lowry Team. 

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.
Other articles you may be interested in:

Search the Cincinnati MLS For Homes For Sale

Where Will 30 Year Mortgage Rates Be In 12 Months?

Fannie Mae and Freddie Mac Offering 3% Down Programs

Do I Need A Bigger Down Payment Before I Purchase A Home?

Hire A Real Estate Agent To Get The Home You Want

Best Places to Live in Cincinnati

West Chester Ohio Is One Of The Best Places To Live

Southwest Ohio Schools In Top Ten On State Report Card

Factors To Consider When Buying A Home

Find The Current Market Value of Your Home

New Construction Homes For Sale in Liberty Township

Connect with us on Facebook

Connect with us on YouTube

Connect with us on Twitter

Filed Under: Eric Lowry's Articles, Market Update, Real Estate Market Reports, Real Estate Market Statistics, This Month In Real Estate Tagged With: 30 Year Fixed Rates, Buying A Home, Eric Lowry, Home Values, Housing Market, Interest Rates, Keller Williams Realty, Keller Williams Realty West Chester, LowryTeam.com, Market Value Of My Home, median home prices, projected home sales, Real Estate, Real Estate Market, The Lowry Team, This Month In Real Estate, This Month In Real Estate: January 2015

Reasons Why You Should Sell Your House Now

January 8, 2015 by Eric Lowry Leave a Comment

Reasons Why You Should Sell Your House Now

Reasons Why You Should Sell Your House NowThere are a number of reasons why you should sell your house now!

The number one reason to sell your home now is that there is less competition in the Winter than there is in the Spring. Buyers looking for a home will have less homes to choose from. Make one of their choices your home! Also, people that are looking to purchase a home in the bitter cold of Winter are usually very serious and motivated buyers.

Another reason that now is a good time to sell your home is that interest rates are projected to go up. This makes it an opportune time for a person that has been thinking of moving to a new home. Buy now before interest rates begin to rise. This works in your favor as well. The sooner you sell while interest rates are down, the better your chances of moving into your dream home. mortgage rate projections for 2016

If you have  been thinking of selling your home during the Winter, contact Eric Lowry, CEO and Listing Specialist of The Lowry Team. He can guide you through the whole process, starting with a FREE Home Evaluation. Remember, right now there is a lot less competition and buyers looking at homes are motivated.

Selling your home is a major financial and emotional decision. Contact us today and set up a free consultation. Don’t forget to ask about our 88 Day Sale Guarantee…We will sell your home in 88 days or we will sell it for FREE!

Find Your Home's Value Now!

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.

Other Articles You May Be Interested In:

Search the Cincinnati MLS for Homes For Sale

Find Out The Current Market Value Of Your Home

10 Ways To Improve The Resale Value Of Your Home

Top Home Updates

Preparing Your House To Sell: Tidy That Kitchen

Tips For Selling Your House Fast

10 Tips For Staging A Home

Connect with us on Facebook

Connect with us on YouTube

Connect with us on Twitter

Filed Under: Eric Lowry's Articles, Sellers Tagged With: Eric Lowry, Eric's Hassle Free Listing, home value, Housing Market, Interest Rates, Keller Williams Realty West Chester, LowryTeam.com, Market Value Of My Home, moving to a new home, Real Estate, Reasons Why You Should Sell Your House Now, selling a home in the Winter, The Lowry Team, Top Selling Realtor, what is the value of my home

The Lowry Team :: This Month In Real Estate December 2014

December 31, 2014 by Eric Lowry Leave a Comment

This Month In Real Estate December 2014

 

Here are just a few of the national real estate numbers we are tracking for you right now.

According to the National Association of Realtors, the number of projected home sales rose to 5.26 million.

The national median house price for existing homes decreased to $208,300. That’s down .4% from last month and up 5.5% from this same time last year.

Finally, according to Freddie Mac, the national average for a 30 year fixed rate mortgage is up from last month to 3.99%

To find out how these numbers affect home prices in our area, contact Eric Lowry, CEO and Listing Specialist of The Lowry Team at 513-874-1830.

Find Your Home's Value Now!

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 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.

Other articles you may be interested in:

Search the Cincinnati MLS For Homes For Sale

Where Will 30 Year Mortgage Rates Be In 12 Months?

Fannie Mae and Freddie Mac Offering 3% Down Programs

Do I Need A Bigger Down Payment Before I Purchase A Home?

Hire A Real Estate Agent To Get The Home You Want

Best Places to Live in Cincinnati

West Chester Ohio Is One Of The Best Places To Live

Southwest Ohio Schools In Top Ten On State Report Card

Connect with us on Facebook

Connect with us on YouTube

Connect with us on Twitter

Filed Under: Buyers, Eric Lowry's Articles, Market Update, Real Estate Market Reports, Real Estate Market Statistics, Sellers, This Month In Real Estate Tagged With: 30 year fixed rate mortgages, Buying A Home, Eric Lowry, Home Values, Housing Market, Interest Rates, Keller Williams Realty West Chester Ohio, LowryTeam.com, Market Value Of My Home, median house prices, national association of realtors, projected home sales, The Lowry Team - Keller Williams Realty, The Lowry Team :: This Month In Real Estate December 2014, This Month In Real Estate

Where Are Rents Headed in 2015?

December 23, 2014 by Eric Lowry Leave a Comment

Renting vs Owning

where are rents headedWhere are rents headed in 2016? 

The chief economist for Zillow has predicted that residential rental prices will continue to rise in 2016. Rents will continue to grow about 3.5% through the new year. 

We currently have a more stable housing market. That, together with lower interest fixed rate mortgages, may cause many renters to look into purchasing a new home.

Renters should consider building a new home. Home builders are meeting the needs of home buyers in every price point. Whether you are looking to buy a luxury home or your very first home, there are great neighborhoods that have new construction starter homes for sale.   

Can you really afford to keep renting? Contact The Lowry Team for a FREE Buyer Consultation. 513-874-1830

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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 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.

Other articles you may be interested in:

New Home Features for 2015

Do I Need A Larger Down Payment To Buy A Home

Bridle Creek Subdivision in Monroe Ohio

Monroe Crossing Subdivision and Homes For Sale

Search The Cincy MLS For New Homes For Sale

Find The Current Market Value of Your Home

Connect with us on Facebook

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Filed Under: Buyers, Eric Lowry's Articles, First-time Homebuyer, New Construction, Rent vs Buy Tagged With: 1st time home buyer new construction homes, Building A New Home, Buying A Home, fixed rate mortgage rates, Hamilton Township homes for sale, Housing Market, Keller Williams Realty, Lebanon Ohio Homes For Sale, Lebanon Ohio new construction homes for sale, Lebanon Ohio real estate, New construction starter homes for sale in Fairfield, new construction starter homes for sale in Fairfield Twp, rent vs own, starter homes, Starter homes for sale in Fairfield Ohio, Starter homes for sale in Fairfield Twp, starter homes for sale in Lebanon Ohio, The Lowry Team, Where Are Rents Headed in 2015?

Where Will 30 Year Mortgage Rates Be In 12 Months?

December 5, 2014 by Eric Lowry Leave a Comment

mortgage rate projectionsQ. Where will 30 year mortgage rates be in 12 months?

A. No one knows for sure where interest rates will be this time next year. However, home buyers are wondering if they should take advantage of the current market and buy now or should they wait.

If you survey The National Association of Realtors, Freddie Mac, Freddie Mae and The Mortgage Bankers Association, they all have their own hypothesis. These leading analysts are projecting that mortgage rates will be between 4.6% and 5.2% by 3rd quarter next year.

If you look at mortgage rates by decade, even with rising interest rates, we can currently buy a home at a better historic interest rates by decadeinterest rates than anyone in the last 4 decades. In the 70’s interest rates averaged 8.86%, in the 80’s they were 12.7%, in the 90’s they averaged 8.12% and in the 2000’s they were 6.29%.

So, according to historic findings and the leading analysts projections, interest rates will be higher in 12 months. The good news is that they will still be lower than the last 4 decades before this.

Contact Eric Lowry, CEO of The Lowry Team, for more information about the housing market, interest rates, buying or selling a home.

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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 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.

Other articles you may be interested in:

Search the Cincinnati MLS For Homes For Sale

The Ten Most Expensive Homes Sold In West Chester And Liberty Twp

Best Places to Live in Cincinnati

West Chester Ohio Is One Of The Best Places To Live

Southwest Ohio Schools In Top Ten On State Report Card

Factors To Consider When Buying A Home

Find The Current Market Value of Your Home

Search Homes For Sale By Subdivision At LowryTeam.com

New Construction Homes For Sale in Liberty Township

Luxury Homes For Sale in West Chester

Connect with us on Facebook

Connect with us on YouTube

Connect with us on Twitter

Filed Under: Buyers, Eric Lowry's Articles, Financing, Real Estate Market Statistics Tagged With: 30 year fixed rate mortgages, Buying A Home, Housing Market, Interest Rates, Keller Williams Realty, LowryTeeam.com, mortgage rate projections, The Lowry Team, Where Will 30 Year Mortgage Rates Be In 12 Months?

Preparing Your House To Sell: Tidy That Kitchen

November 18, 2014 by Eric Lowry Leave a Comment

Tips For Staging Your House To Sell 

Your kitchen area tends to be the most important room when selling your house. Make sure to get rid of all of the clutter and personal items. Clean any dirty dishes and make sure to wipe down the counter tops and fixtures. Also, try not to cook any food that will leave an odor while your house is on the market. You want the kitchen to be in pristine condition with no smells to turn off potential buyers. For more staging tips on preparing your house to sell for more money in less time, contact Eric Lowry, CEO and Listing Specialist for The Lowry Team.

Don’t forget to ask about our Guaranteed Sale Program. The Lowry Team will sell your home in 88 days or sell it for free!

Find Your Home's Value Now!

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 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.

Other Articles You May Be Interested In:

Search the Cincinnati MLS for Homes For Sale

Find Out The Current Market Value Of Your Home

Top Home Updates

Tips For Selling Your House Fast

Best Places to Live in Cincinnati

Fall Maintenance Tips

Selling a Home During The Holidays

Connect with us on Facebook

Connect with us on YouTube

Connect with us on Twitter

Filed Under: Eric Lowry's Articles, Preparing Your Home For Sale, Sellers Tagged With: Eric Lowry, Eric's Hassle Free Listing, getting our house ready to sell, guaranteed sale program, Home Values, Housing Market, how to prepare your house to sell, Keller Williams Realty, LowryTeam.com, Preparing Your House To Sell: Tidy That Kitchen, Staging your home to sell, The Lowry Team, tips to sell your house quickly, Top Selling Realtor

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