West Chester & Liberty Township OH Real Estate: Home Values

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Everywhere you look these days there is news on home values.  It’s in newspapers, like the Cincinnati Enquirer, it’s on the web on sites like CNBC.com and USAToday.com and many others. Some is positive news and some news is very negative.

There are somethings to keep in mind here before you go off the deep end regarding your homes current market value.  The first is, don’t forget your basic math. Average sale prices have been going up in some areas, down in others. The average sale price is the just the value that occurs when all of the sales that occur in a given market are added up and divided by the number of sales. For example, if 100 homes have sold for a total sales volume of  $16,570,000. the average sale price would be $167,500. This simply represents the average of all of the homes that have sold and does not establish anything remotely close to a property’s value.

The second thing to remember is, when you hear these national news reports and economists discussing the rising or falling home prices, they are talking about national averages and these have nothing to do with our market values in West Chester, Beckett Ridge, Liberty or Fairfield Township areas.

These national reports are very much like getting a national weather forecast.  The average temperature in the United States tomorrow is not likely going to effect your life very much.  What you want to know if what the weather is going to be here tomorrow and if you are concerned about your homes value, you need to know the market data for our area, not some large metro area or state or country.

The best way to determine the value of your home is to get it analyzed by an experienced real estate professional. There are many factors in determining home values today and picking an average out of the air could hinder the sale of your home and frankly could cost you money. In today’s real estate market it is more important than ever to price your home appropriately.

If you would like to learn the current market value of your home you can request it here!

Visit My YouTube channel at: www.youtube.com/LowryTeam

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

LowryTeam.com: Bridle Creek Subdivision Home For Sale – New Listing

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New Listing On LowryTeam.com…

325 Bridle Pass Way, Monroe, Ohio 45050

Monroe, Ohio 45050

Monroe Schools

$224,900 – Four Bedrooms – Three Full Baths

This Is A Terrific Ranch Style Home In Bridle Creek Subdivision:

  • Cathedral Great Room w/ Gas Fireplace!
  • Eat-In Kitchen w/ Ceramic Tile Floors
  • Cathedral Master w/ Adjoining Full Bath & Walk- Closet
  • Finished Lower Level w/ Rec Room, 4th Bedroom & Full Bath
  • Professional Class Media Room
  • Large, Two Tiered Deck
  • Wooded, Rear Yard
  • Pool Community
  • Close To Schools, Shopping & Expressways

Thinking of buying a home in West Chester, Beckett Ridge or Liberty Township, Fairfield Township, Monroe or Mason Ohio?

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

Visit My YouTube channel at: www.youtube.com/LowryTeam

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

West Chester & Liberty Township OH Real Estate: Tuesday Open House

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What is Tuesday Open House??  Well, it’s clearly not an “open house”.  It is my way of throwing the doors open on the RealEstate-Ink.com blog and offering up a few quick articles and facts on real estate for the West Chester, Liberty Township, Beckett Ridge, Mason and Fairfield Township, Ohio areas.  It is not intended to be all about homes for sale, but it will be about that some of the time…

 

 Tax Credit Countdown: As of this writing there are 52 Days, 15 Hours, 36 Minutes, 10 Seconds until the expiration of the Tax Credits for both the First Time Homebuyer and the existing home owner.  If you wish to take advantage of these tax credits and the unbelievably low interest rates that go with them, you better get moving (no pun intended).   You can search the entire MLS from our website, LowryTeam.com  or if you need to find the value of your current home and need to sell first you can request a FREE market value analysis on our website and you can learn more about our Hassle Free Listing System.

 

Low Mortgage Rates: Speaking of unbelievably low interest rates, check out these rates!  As of yesterday afternoon these were the current interest rates that you could be taking advantage of if you were buying a new home:

5 Year Arm                       4.30%

30 Year Fixed                   4.80%

15 Year Fixed                   4.20%

These rates are for purchases only, not refinances, and are courtesy of Third Federal Savings

 

Check out this terrific new listing located right next to Eden Park.  It is a terrific 2 Bedroom, 2 Bath condo in like new condition, comes with all of the appliances included (full size washer & dryer) and has off street parking.  Visit our website to view interior photos and more details.

$149,900

2155 Fulton Ave. #4, Cincinnati, Ohio

 

Secret Cincinnati is a brand new facebook page that is getting a lot of attention this week here in Cincinnati.  You can check it out at Secret Cincinnati Facebook Page  As of this writing they have 1856 fans and they have only been up and running on facebook since the weekend I believe.  The site has a lot of very interesting information and recommendations on Cincinnati dining, entertainment, etc.

While you are on facebook checking SecretCincinnati out, please visit and become a fan of our facebook page located at www.facebook.com/LowryTeamRealEstate

 

Thinking of buying a home in West Chester, Beckett Ridge or Liberty Township, Fairfield Township, Monroe or Mason Ohio?

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

Visit My YouTube channel at:  www.youtube.com/LowryTeam

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

 

 

 

West Chester & Liberty Township OH Real Estate: Tuesday Open House

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What is Tuesday Open House??  Well, it’s clearly not an “open house”.  It is my way of throwing the doors open on the RealEstate-Ink.com blog and offering up a few quick articles and facts on real estate for the West Chester, Liberty Township, Beckett Ridge, Mason and Fairfield Township, Ohio areas.  It is not intended to be all about homes for sale, but it will be about that some of the time…

For all of you fine dining fans out there, according to the Cincinnati Enquirer, the former Mesh restaurant located in West Chester, Ohio at Union Centre which closed Feb. 13, will be transformed into an “elegant, casual” Stone Creek Dining Company restaurant in the next couple of months.  You can get the full story on this West Chester Ohio restaurant here.

From my March Real Estate Newsletter:

HomeBuyers: Why Green Is Worth It.  For new and existing home buyers alike, the options to “green up” homes abound.  Green upgrades on homes offer two-fold benefits. They contribute to a healthier environment, both now and in the future, and they can save homeowners big when it comes to energy costs.

How much impact does a green home have on the environment, you ask? The government reports that Energy Star qualified homes built in 2009 are the equivalent of… You can read the entire article on green homes and other real estate market info in this months newsletter here.

Realtor.com update:  The Lowry Team’s homes listed for sale are now upgraded and enhanced with more photos and text than ever before.  Check out these West Chester, Liberty Township, Beckett Ridge, Mason and Fairfield Township, Ohio homes for sale here.

Thinking of buying a home in West Chester, Beckett Ridge or Liberty Township, Fairfield Township, Monroe or Mason Ohio?

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

Visit My YouTube channel at:  www.youtube.com/LowryTeam

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

 

West Chester OH Real Estate News: Low Mortgage Rates, Catch Them While You Can

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West Chester Ohio Homes For Sale
Now might be the best time to lock in a low mortgage rate

Low interest rates have been gracing the real estate market with their presence for the past year but the word on the street is that they won’t be here much longer.  While mortgage rates aren’t going to skyrocket out of sight, it is doubtful that they will decrease and certain that they will steadily begin to rise.  Many so called experts expect that the 30 year rates may be at 6.00% or higher by years end. 

For those wishing to lock in at below 5%, the time just might be now or never (or at least for a very long time).  Today in fact I saw a 30 year fixed mortgage rate quoted at 4.85%.  The general sentiment among economists is that rates are not going anywhere but up from here and in my opinion this is definitely the case.  The federal government’s intervention in the mortgage market has caused rates to be artificially low for some time now.  This intervention is coming to an end by March 30th.

The strengthening of the economy equals less chance for discounted rates.  If you are looking to buy a home, now is the best time to do so.  We have low interest rates, tax credits and a great supply of homes for sale.  These three factors will not line up like this again at one time, for a very long time.

Looking for a referral to a good lender with good interest rates and reasonable closing costs?  Call me or email me and I will get you in touch with a lender that will take great care in getting your financing lined up for you.

Thinking of buying a home in West Chester, Beckett Ridge or Liberty Township, Fairfield Township, Monroe or Mason Ohio?

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

Visit My YouTube channel at:  www.youtube.com/LowryTeam

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

 

West Chester, OH Real Estate: A Home Inspection Before You Sell?

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Selling Your West Chester, Liberty Township & Beckett Ridge Ohio Home
Consider doing a home inspection before selling your home

If you are considering selling your home in the current real estate market it would be prudent to have a home inspection completed before putting your home on the market.  It is rare that a buyer will not have a home inspection done before closing and being aware of any problems and taking care of them prior to selling can alleviate the pain that surprise issues can bring.  Doing the inspection prior to listing also gives you time to seek out competitive estimates for completing the work as opposed to being under the gun right before closing.

It is a competitive real estate market out there.  A seller’s best chance of snagging a buyer always comes from having the home in top notch condition.  More than looking good, a home needs to function well and it is important to examine the mechanical systems such as plumbing, wiring, heating and cooling issues, as well as, the roof and other structural components.

If problems with a property are faced and dealt with before selling, it will make the entire process go more smoothly and there should be no surprises when going through the contractual steps before closing.

Thinking of selling a home in West Chester, Beckett Ridge or Liberty Township, Ohio?

Learn the current market value of your home here!

Thinking of buying a home in West Chester, Beckett Ridge or Liberty Township, Ohio?

Search the entire MLS here!

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