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What does it take to buy a home in today’s market?

March 29, 2015 by Eric Lowry

What does it take to buy a home in today’s market?

Buying A Home In Today's Real Estate Market
Buying A Home In Today’s Real Estate Market

Finances – The first thing you must do to buy a home in today’s real estate market is get pre-approved by a mortgage lender.  This one is crucial.   You need to know the numbers before you start to shop for  a home.  You need to know what the monthly payment will be, what your interest rate will be and how much the closing costs will be.  You will also need to be pre-approved for financing a home before you make an offer. In today’s real estate market there won’t be time for that after you have found your dream home.

Purposefulness – In today’s real estate market home buyers must be very purposeful about their home search.  It is really important to have a list of features that are must haves for you.  We highly recommend having a Home Buying Consultation with your agent before you ever start looking at homes.  Home buyers must approach their home search with a focus on finding a home and being willing to act quickly on it.  Suffice it to say, having a need to think about making an offer for a few days is a recipe for failure in most cases in today’s real estate market.

Market Knowledge – Having a clear understanding of real estate market conditions is really important.  Home buyers that start their home search with a mindset of finding a great deal and paying 20% less than list price on a home are living in the past.  That market has been gone for a while now.  In today’s real estate market, homes are selling for 97% – 98% of list price on average, with many new listings selling at or above list price.  And the new listings are in many cases selling in just a matter of days.  You will need to be decisive and pre-approved.

Real Estate Expertise – Working with an agent that understands today’s market and knows the area and neighborhoods you are looking in is really important.  Today’s real estate market is no place to be working with an agent that does real estate part-time or isn’t serious about it.  You need to be represented by a real estate agent that is active showing homes and getting offers accepted for their clients.

Ready to buy a home?  Schedule a home buying consultation to find out more about today’s real estate market in the areas and price range that you are interested in.

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Filed Under: Beckett Ridge Homes For Sale, Buyers, Eric Lowry's Articles, Fairfield Homes For Sale, Fairfield Township Homes For Sale, First-time Homebuyer, Liberty Township Ohio Homes For Sale, Mason Ohio Homes For Sale, West Chester Ohio Homes For Sale Tagged With: Buying A Home, First Time Home Buyers, Home Buyers, Real Estate, Real Estate Market Statistics, Search Homes For Sale, Search The MLS, What does it take to buy a home in today's market?

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

Condo For Sale In The Historic Verona Building

January 22, 2015 by Eric Lowry Leave a Comment

Condo For Sale In The Historic Verona Building

Eric Lowry, CEO and Listing Specialist for The Lowry Team listed the two bedroom one and a half bath condo for sale in Cincinnati, Ohio. The condo is located in The Verona at Eden Park and it is listed for $169,900.

The Verona at Eden Park offers upgraded luxury condominiums with an old world charm. Built in 1908 as one of the first large, upscale communities, The Verona served as summer and weekend apartments for Cincinnati’s wealthy merchants and businessmen. In 2008 the building was added to the National Register of Historic Places.

Features of the condo include a granite kitchen with back splash and stainless steel appliances. The condo also has hardwood floors, nine foot high ceilings and six panel doors.

2356 Park Avenue 44 is conveniently located near I-71 in Walnut Hills. It is close to The University of Cincinnati, Xavier University and downtown Cincinnati. It is within walking distance of Eden Park. The garden style condominium comes with a one year home warranty.

Contact The Lowry Team to schedule a showing. 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’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:

The Lowry Team Keller Williams Realty: Testimonial Tuesday

This Month In Real Estate December 2014

Fannie Mae and Freddie Mac Are 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 That You Want

Search The Entire Cincinnati MLS For Homes For Sale

Find The Current Market Value of Your Home

Connect with us on Facebook

Connect with us on YouTube

Connect with us on Twitter

Filed Under: Buyers, Eric Lowry's Articles, First-time Homebuyer Tagged With: 2356 Park Avenue 44, Buying A Home, Cincinnati Ohio condos for sale, Cincinnati Ohio real estate, Cincinnati Ohio real estate agent, Condo For Sale In The Historic Verona Building, Condos For Sale In Cincinnati Ohio, Condos for sale near Eden Park, Eric Lowry CEO and Listing Specialist, garden style condo for sale, Historic Homes For Sale in Cincinnati Ohio, Homes For Sale, Keller Williams Realty, LowryTeam.com, Real Estate, The Lowry Team, Top Real Estate Agent, two bedroom condo for sale in Cincinnati

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

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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 :: Factors To Consider When Buying A Home

November 20, 2014 by Eric Lowry Leave a Comment

The School District Is One Of The Factors You Should Consider When Buying A Home

 

When buying a home, remember that school districts are very important. Even if you do not have kids, a highly rated school can increase the resale value of your home if you decide to sell. Buyers who have kids or are planning on having kids are likely to spend more money to be near public schools with higher scores. Because of this, even in a down market, a school district can help you protect your home’s value.

If you are considering buying a new home,

Contact The Lowry Team.

The Lowry Team 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

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

Four Bridges Subdivision and Homes For Sale in Liberty Township

Find The Current Market Value of Your Home

Luxury Homes For Sale In Liberty Township

New Construction Homes For Sale in Liberty Township

Luxury Homes For Sale in West Chester

New Construction Homes For Sale in West Chester

Connect with us on Facebook

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Filed Under: Buyers, Eric Lowry's Articles Tagged With: Buying A Home, factors to consider when buying a home, highly rated school districts, home buying tips, home value, Keller Williams Realty West Chester, Real Estate, The Lowry Team :: Factors To Consider When Buying A Home, The Lowry Team Keller Williams, things to consider before you buy a home, things to consider when buying a home

The Lowry Team Sells Another Liberty Township Ohio Home

November 17, 2014 by Eric Lowry Leave a Comment

Liberty Township Real Estate: The Lowry Team Keller Williams Sells Another Liberty Township Ohio Home

5929 Megan Drive Liberty Township Ohio 45011Eric Lowry, CEO and Listing Specialist for The Lowry Team, was the listing agent for the property at 5929 Megan Drive Liberty Township, Ohio 45011. The home was listed for $215,000 and sold for 99.5% of the list price at $214,000. The home was on the market just 22 days.

The incredible custom built 3 bedroom 3 1/2 bathroom home is located in the Countryview Estates Subdivision in Liberty Township, Ohio. Features of the home include a beautiful cathedral great room with a stone fireplace and a unique turned staircase. The large deck overlooks a fenced backyard. 

The sale of the home went very smoothly.  As soon as the home on Megan Drive was under contract, the Lowry Team referred them to a Keller Williams team in Minnesota to help them find a new home there. 

The sellers said,”We are thrilled with the service we received with the sale of our house.  Eric and Lisa kept us informed every step of the way. We have complete confidence in The Lowry Team.” In addition, they exclaimed at the closing, “We couldn’t be happier!  We just love the Keller Williams Realtor you put us in touch with in Minnesota. We have actually found exactly the home we have always dreamed of! Thank you so much Lowry Team!”

Eric has been a top selling real estate agent specializing in the sale of existing and new construction homes in the West Chester, Liberty Township, Mason and Fairfield Twp area for over 16 years. Eric is also very experienced in working with relocating clients and their relocation companies. His commitment to service has earned Eric numerous awards including: Cincinnati Area Board of Realtors, Circle Of Excellence 2000-2013.

The Lowry Team would love to put their five star customer service to work for you!

The Lowry Team 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:

The Lowry Team Offers Tips For Selling Your House Fast

Selling A Home During The Holidays

Interest Rates Have Dropped  – Now Is The Time To Buy A Home

Find The Current Market Value Of Your Home

Search The Cincy MLS For Homes For Sale

Connect with us on Facebook

Connect with us on YouTube

Connect with us on Twitter

Filed Under: Eric Lowry's Articles, Liberty Township Ohio Homes For Sale, Sellers Tagged With: 5929 Megan Drive Liberty Township Ohio 45011, Custom Built Homes for Sale in Liberty Township, Eric Lowry, Eric's Hassle Free Listing, Homes For Sale, Keller Williams Realty, Liberty Township Ohio Homes For Sale, Liberty Township Real Estate, Liberty Township Real Estate Agent, LowryTeam.com, Real Estate, Search Homes For Sale, The Lowry Team, The Lowry Team Sells Another Liberty Township Ohio Home, Top Selling Realtor

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