• Home
  • News – Real Estate Ink
  • Search Homes For Sale
  • Selling A Home
    • Your Home’s Value
    • Preparing Your Home For Sale
    • Get A Cash Offer On Your Home
  • Meet Eric Lowry
  • Contact Us

Thomas Depew Joins The Lowry Team – Keller Williams West Chester

September 11, 2012 by Eric Lowry Leave a Comment

Thomas Depew Joins The Lowry Team – Keller Williams West Chester

Thomas Depew - Real Estate Agent - The Lowry Team - Keller Williams RealtyThomas Depew

Buyer Specialist

A Real Estate Agent dedicated to helping people find the perfect fit in a home. Thomas grew up in the West Chester area, attending Lakota Local Schools. Thomas is currently attending Cincinnati State college seeking his Real Estate Technology degree. He is an athletic, hard working, out-going individual prepared to help serious buyers find their dream home.

Thomas has also studied Property Management and Real Estate Investing because he understands that the only way to build generational wealth is through Real Estate.

Thomas currently lives in Columbia Tusculum, and is the proud father of his son Bentley. He enjoys spending his free time learning and trying new things and exploring new and different areas to see homes and real estate.  

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.

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 and Fairfield Township allows us to provide expert real estate advice and services to our clients to insure they have a great homebuying experience.  Whether you are buying a home or selling one, staying local or moving across the country or even internationally we can help.

Filed Under: Buyers, First-time Homebuyer, Real Estate News Tagged With: Cincinnati, Keller Williams Realty, Liberty Township Homes For Sale, Mason Ohio Homes For Sale, Ohio, Real Estate Agent, Realtor, The Lowry Team, Thomas Depew, Thomas.VIPHomeFinder.com, VIPHomeFinder.com, West Chester Homes For Sale

LowryTeam.com: Monthly Real Estate Trends Report – March 2011

March 30, 2011 by Eric Lowry Leave a Comment

LowryTeam.com Real Estate Market Trends Report For West Chester & Liberty TownshipHere is the newest edition of our LowryTeam.com Monthly Real Estate Trends Report for March 2011.  This report, published monthly, provides a look back at the last six months worth of real estate data for West Chester, Beckett Ridge and Liberty Township, Ohio.  It is a local trends report and makes no attempt to draw overall conclusions or make predictions for the larger real estate market.  In fact we believe that anyone that makes an attempt to predict future, national real estate market conditions or draws conclusions on recent historical data nationally is just out of touch with reality.  There is no such thing as a national weather forecast and there is no such thing as a real estate one either.  ALL real estate is local!

The source of our data is the Greater Cincinnati Multiple Listing Service. By seeking out and understanding the trends in our market place we are better able to forecast the upcoming market conditions and counsel our clients on pricing strategies to get their home sold for the highest possible price. Any thoughts and insight into what may occur in the future are solely our opinions and forecasts.

The first thing we look at is unit sales for the last six months (September – February):

As mentioned in the February Real Estate Market Trends Report this most recent six months of data continues to reflect the decline in unit sales felt in the time immediately after the homebuyer tax credit expiration. The tax credit had the impact of drawing a lot of home sales into the first six months of last year and caused an extensive slow down afterward. The graph shows that the leveling off of home sales in West Chester and Liberty Township during this last six months time frame continued in February.

February 2011 homes sales showed a small uptick in sales when compared to the month of January 2011.  February sales were however 9.38% lower than February of 2010.   So the year over year comparison of sales does not look promising, particularly as we head into the next couple of months which will be compared to the “tax credit” months of last year. 

The next few months represent very tough comparisons moving forward as we will be comparing sales levels this year against the sales levels of the months of last year when the tax credits for homebuying were in place.  Generally we expect the year to year comparisons to be much lower than 2010 unless there is some unexpected development in the marketplace.

Average sale price for the last six months (September – February) is next:

In this graph you can see the movement of the average sale price for West Chester and Liberty Township, Ohio real estate sales from January 2010 through February of 2011.  The trend line continues to show you a gradual decline for average home sale prices.  Average sale price gets quite a bit of attention in the media with reports that quote “home prices fell” or “home prices rose” in this particular quarter or month or whatever.  The average sale price is nothing more than what it’s called – an average price of all of the homes sold in a particular time frame. 

Track Home Sales In Your West Chester or Liberty Township Ohio Neighborhood Here >> Get Your Personal Market Snapshot!

Just to be clear here, homes are not worth more now than they were at the beginning of the year.  Any increase or decrease in the average sale price is reflective of the activity of that time frame not the exact value of any one home.  A perfect example of this is the month of January which according to the graph shows a huge decrease in the average sale price over the month of January 2010.  A look inside the numbers explains… In January 2010, 8 of the total 42 closed sales that month were under $150,000 in sale price, in January 2011 there were 14 of a total 49 closed sales in that same price range.  More sales in the lower price ranges will cause the average sale price to be lower.  In addition, in January 2010  there were 6 closed sales over $400,000 compared to just 3 closed sales in January 2011 over $400,000.  The luxury home market is facing a very difficult period in the next six months to a year with very high inventory levels and competition from the Homearama show homes.

So, was the average sale price lower because homes were worth less?  No, there was just a very different mix of homes that sold.  Falling home values do clearly effect the average sale price, but that is not the whole story.

List to sale price ratio: 

The List to Sale Price ratio is calculated by dividing the final sale price into the list price to find the percentage of the list price that a given home sells for.  The West Chester and Liberty Township Ohio List to Sale Price Ratio is 94.02% for February 2011.  As you can see the monthly List to Sale Price Ratio has seen some big swings up and down in the last year and we took another big drop down in February.  The swings up and down are an indicator of the lack of stability in the West Chester and Liberty Township real estate market right now.  The highlighted center area of the graph shows what appears to be the middle ground right now for the market. 

The trend here had been on an upswing, indicating that homeowners are generally pricing their homes at levels that reflect market value.  One important fact to keep in mind here is that these figures are calculated based on homes that have sold.  Homes that are priced too high when listed will not get 95-96% of their list price, in fact in this market, they won’t sell at all. 

The one factor that remains true, through all of the market’s ups and downs is that homes that sell quickly, sell for a much higher percentage of their list price.  In the most recent six months, homes that sold in the first thirty days that they were on the market sold for 96.75% of list price.  As you can see, this is a much higher final sales price compared to the overall market average.

Summary:

As was stated in last month’s LowryTeam.com: West Chester, Beckett Ridge and Liberty Township real estate market update, our market remains challenging, yet full of opportunity. Clearly the value of homes in the area has fallen over the past couple of years and frankly, in certain price ranges, the values are likely to fall farther.  The primary threats to the 2011 real estate market and any potential recovery are continued high unemployment and the potential loss of the mortgage interest tax deduction.  Interest rates have now risen off of their lows, but still remain at very attractive levels below 5.00% which provide a great environment for buying a new home.

Your comments and questions are always welcome!

Search Homes For Sale In West Chester & Liberty Township Ohio

Wondering what your home is worth in today’s real estate market?  Request a market analysis here!

posted by Eric Lowry

Filed Under: Eric Lowry's Articles, LowryTeam.com Real Estate Market Trends Report, Market Update, Real Estate Information, Real Estate Market Reports, Real Estate Market Statistics, Real Estate News Tagged With: Average Home Sale Prices In West Chester Ohio, Beckett Ridge Real Estate, Cincinnati, Eric Lowry, Home Values, Housing Market, Keller Williams Realty, Liberty Township Real Estate, LowryTeam.com, Ohio, Real Estate Market, Real Estate Market Expert, Real Estate Market Reports, Real Estate Market Statistics, Realtor, Search Homes For Sale, Search The MLS, VIPHomeFinder.com, West Chester Real Estate

West Chester & Liberty Township OH Real Estate: This Month In Real Estate November 2010

November 4, 2010 by Eric Lowry Leave a Comment

 

Click Here To Search The Entire Cincinnati MLS Database Of Homes For Sale! Wondering what your home is worth in today’s real estate market? Request a market analysis here!

Filed Under: Buyers, Eric Lowry's Articles, Financing, First-time Homebuyer, Market Update, Real Estate Information, Real Estate Market Reports, Real Estate Market Statistics, Real Estate News, This Month In Real Estate Tagged With: Beckett Ridge, Buying A Home, Cincinnati, Eric Lowry, Keller Williams Realty, Liberty Township Real Estate, LowryTeam.com, Mason Ohio Real Estate, Ohio, Owning vs. Renting, Real Estate Market Reports, Real Estate News, Realtor, Search Homes For Sale, Search The MLS, This Month In Real Estate, Top Real Estate Agent, Top Selling Realtor, VIPHomeFinder.com, West Chester Real Estate

West Chester & Liberty Twp OH Real Estate: Preparing Your Home To Sell

July 4, 2010 by Eric Lowry Leave a Comment

Are you getting your home ready to list it for sale?  Preparing to sell a home in West Chester, Liberty Township or Beckett Ridge can be an overwhelming task if you are not prepared.  The process of getting your home ready can be simplified by breaking the areas of your home up into groups. 

In my previous post, >>Preparing Your Home To Sell, we covered Curb Appeal, Front Entry / Porch & Landscaping.  Today we will cover your first impression (interior, foyer).  When selling your home in today’s real estate market it is critical that the first impression that home buyers have of your home is a welcoming one.  A welcoming space is one that invites the home buyer in and lures them into the rest of the house.

Many times homeowners don’t even come and go through their front door and thus don’t place a great enough emphasis on this area of the home.  This is the area of the home that starts off the showing for the homebuyer and this is where they begin to anticipate the rest of the house.

The home buyer needs to be able to envision themselves in your home, so this is definitely an area of a home listed for sale that should have all personal effects, photos and clutter removed.  Generally speaking, any furniture that is located in this area should be removed with the exception of a properly sized foyer table.  Be sure that there are no pieces of furniture or baby gates blocking the path or view from the foyer in the rest of your home.

Be sure to de-clutter your foyer closet.  A full and cluttered foyer closet simply tells home buyers that you are short on closet space.  The foyer closet should not be more than half full.  Store unused and seasonal coats in plastic tubs in a storage area away from the living spaces of your home.

All personal/family photos should be removed from the foyer area.  If your foyer has a space that you feel needs decorating consider a mirror instead of photos.

The foyer paint color should be neutral and an earth tone.  Under no circumstances should your foyer have wallpaper on the walls.

As buyers enter your home, the scent that they smell must be clean and very subtle.  The use of candles or spray air freshener is not recommended.  Many home buyers can have adverse reactions to these strong smells and in some cases may actually wonder what it is you are trying to cover up.

We have now created a great first impression for home buyers as you continue preparing your home for sale in today’s real estate market.  In the next post in this series of articles we’ll cover Living Room, Dining Room, Family Room & Study.

Read the first article in this series here >>  Preparing Your Home For Sale In Today’s Market Part I

Wondering what your home is worth in today’s real estate market? Request a market analysis here!

Check Out My Feature Homes For Sale In West Chester, Fairfield and Liberty Township, Ohio

Filed Under: Beckett Ridge Homes For Sale, Buyers, Eric Lowry's Articles, Fairfield Township Homes For Sale, Liberty Township Ohio Homes For Sale, Preparing Your Home For Sale, Real Estate Information, Real Estate News, Sellers, West Chester Ohio Homes For Sale Tagged With: Beckett Ridge, Cincinnati, Eric Lowry, Eric's Hassle Free Listing, Keller Williams Realty, Liberty Township Real Estate, Listing your home for sale, LowryTeam.com, Market Value Of My Home, Ohio, preparing your home for sale, Preparing Your Home For The Market, Realtor, Relocating To West Chester, Selling A Home, Staging a home for sale, West Chester Real Estate, West Chester Realtor

West Chester, OH Real Estate: New Listing In The Villages Of Providence!

July 15, 2009 by Eric Lowry Leave a Comment

West Chester, OH Real Estate: New Listing In The Villages Of Providence!

 

 8090 South Port Drive, West Chester, Ohio 45069

West Chester, Ohio 45069

Lakota Schools

$214,900  – Four Bedrooms – Two Full Baths, One Half Bath

This is a terrific two story home in West Chester, Ohio:

  • Two Story Foyer!
  • Kitchen Features Hardwood Floors, Pantry & Breakfast Nook 
  • Warm, Inviting Family Room w/ Gas Fireplace 
  • Large Finished Lower Level 
  • Cathedral Master w/ Adjoining Bath
  • Formal Dining Room
  • First Floor Laundry
  • Community Walking Trails
  • Close To Schools, Shopping & Expressways

 

Check Out My Feature Homes For Sale In West Chester, Fairfield and Liberty Township, Ohio

Filed Under: New Listings, Real Estate Information, West Chester Ohio Homes For Sale Tagged With: Cincinnati, Eric Lowry, First Time homebuyers, Homes For Sale, LowryTeam.com, New Listing, Ohio, Realtor, Sibcy Cline Realtors, Top Selling Realtor, Villages Of Providence, West Chester Homes For Sale, West Chester Ohio Real Estate

Fairfield Township, Ohio Real Estate: New Listing In Meadows Of Indian Springs

June 4, 2009 by Eric Lowry Leave a Comment

Fairfield Township, Ohio Real Estate: New Listing In Meadows Of Indian Springs

 

8722 Blackfoot Court, Fairfield Township, Ohio 45011

Fairfield Township, Ohio 45069

Fairfield Schools

$237,500  – Four Bedrooms – Two Full Baths, One Half Bath

This is a terrific two story home in Fairfield Township, Ohio:

  • First Floor Master!
  • Large Wooded Cul-de-Sac Lot
  • Cathedral Family Room w/ Gas Fireplace 
  • Island Kitchen w/ Pantry, Planning Desk & Breakfast Nook 
  • Open Two Story Foyer
  • Formal Dining Room
  • First Floor Laundry
  • Three Car Garage
  • Large Deck – Great For Entertaining

Check Out My Feature Homes For Sale In West Chester, Fairfield and Liberty Township, Ohio

Filed Under: Fairfield Township Homes For Sale, New Listings Tagged With: Cincinnati, Eric Lowry, Fairfield Township, Homes For Sale, Liberty Township Ohio Homes For Sale, New Listing, Ohio, Realtor, Sibcy Cline Realtors, Top Selling Realtor, West Chester Ohio Real Estate

  • 1
  • 2
  • 3
  • 4
  • Next Page »

Search Thousands Of Homes For Sale In The MLS!

Search_Widget

Categories

  • Avoiding Foreclosure
  • Beckett Ridge Homes For Sale
  • Blue Ash Ohio Homes For Sale
  • Butler County Real Estate
  • Buyers
  • Cincinnati Real Estate Careers
  • Dayton Ohio Real Estate
  • Eric Lowry's Articles
  • Fairfield Community Information
  • Fairfield Homes For Sale
  • Fairfield Ohio Real Estate Market Reports
  • Fairfield Township Homes For Sale
  • Featured Properties
  • Featured Subdivision
  • Financing
  • Financing Options
  • First-time Homebuyer
  • Foto Friday
  • Holidays
  • Home Improvements
  • Homes For Sale in Lakota Schools
  • Just For Fun
  • Lebanon Ohio Homes For Sale
  • Liberty Township OH Real Estate Market Reports
  • Liberty Township Ohio Homes For Sale
  • Liberty Twp Community Info
  • Loveland Ohio Homes For Sale
  • LowryTeam.com Real Estate Market Trends Report
  • Maineville Ohio Homes For Sale
  • Market Update
  • Mason Community Information
  • Mason OH Real Estate Market Reports
  • Mason Ohio Homes For Sale
  • Monroe Homes For Sale
  • New Construction
  • New Listings
  • Preparing Your Home For Sale
  • Real Estate Information
  • Real Estate Market Reports
  • Real Estate Market Statistics
  • Real Estate News
  • Real Estate Video
  • Relocating to Cincinnati
  • Rent vs Buy
  • Restaurants & Dining
  • Sellers
  • Short Sale / Foreclosure
  • Springfield Ohio Real Estate
  • Tax Credit
  • Testimonials
  • Things To Do In Cincinnati Ohio
  • Things to do in Dayton
  • This Month In Real Estate
  • Tuesday Open House
  • West Chester Community Info
  • West Chester OH Real Estate Market Reports
  • West Chester Ohio Homes For Sale
  • West Chester Ohio Parks
  • What's My Home Worth
  • Wyoming Community Info
Return To Top
2025 Lowry Team Real Estate, Inc