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7653 Tylers Reserve Drive West Chester OH – Tylers Reserve Subdivision

August 19, 2011 by Eric Lowry Leave a Comment

7653 Tylers Reserve, West Chester, Ohio 45069

 7653 Tylers Reserve Drive West Chester OH Tylers Reserve Subdivison

Beautiful 5 Bedroom Zicka Resale Home in Tylers Reserve! Terrific Wooded Lot! Features Include A Gourmet Kitchen w/ 42 Cabinets & Granite Countertops, Hardwood Floors, 1st Floor Study, Formal Dining Room w/ Recessed Ceiling, Finished Lower LeveL w/ Wet Bar & Gas Fireplace(Perfect For Entertaining), Cathedral Master w/ Luxury Bath, Three Car Garage, Stamped Concrete Patio, Sprinkler System, Pool Community. One Year Home Warranty!

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7653 Tylers Reserve Drive West Chester OH Tylers Reserve Subdivison

For more information and plenty more photographs visit our webpage: 7653 Tylers Reserve DriveWest Chester Ohio 45069

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For more information about this home or to schedule a time to see it, please complete the contact form below 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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    Filed Under: West Chester Ohio Homes For Sale Tagged With: Eric Lowry, Homes For Sale, Keller Williams Realty, LowryTeam.com, Pool Community, Search Homes For Sale, Top Real Estate Agent, Tylers Reserve Subdivision, VIPHomeFinder.com, West Chester Ohio Homes For Sale, West Chester Real Estate

    What are Mortgage Interest Rates in West Chester, Liberty Township & Mason, Ohio

    July 13, 2011 by Eric Lowry Leave a Comment

    What are Mortgage Interest Rates in West Chester, Liberty Township & Mason Ohio??

    LowryTeam.com Mortgage Interest Rate Update

    Have mortgage interest rates hit their lows? Will they continue to move higher? These are good questions. The truth of the matter is nobody knows for sure. Mortgage interest rates have moved higher in the last 6-7 months only to see them sag back down again, as you can see on the graph.  The rates continue to bounce around in a range between 4.50% – 5.00%.

    LowryTeam.com Interest Rate Tracker
    Click The Image To See A Larger Version

    It does feel like we have seen the lowest levels and that interest rates will likely continue to edge a little higher as we move through the late summer and fall real estate markets.  Get preapproved for your mortgage before you begin to search for homes.  You can get preapproved for a mortgage to buy a home in West Chester, Liberty Township & Mason Ohio.

    You can start your search for a new home inWest Chester, Beckett Ridge or Liberty Township, Ohio right here using our real estate search engine.

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

    Filed Under: Buyers, Eric Lowry's Articles, Financing Tagged With: Dave Scully, Eric Lowry, Evolve Bank & Trust, Interest Rates, Keller Williams Realty, Liberty Township Real Estate, LowryTeam.com, Mason Ohio Real Estate, mortgage lenders, Mortgage Preapprovals, Mortgages, VIPHomeFinder.com, West Chester Real Estate

    Tuesday Open House: Tips for Homesellers In West Chester, Liberty Twp & Mason Ohio

    July 12, 2011 by Eric Lowry Leave a Comment

    Click To Search Homes For Sale In West Chester & Liberty TownshipIt’s Tuesday, so this must be the Tuesday Open House.

    What is Tuesday Open House?? Well, it’s clearly not an “open house”. Open Houses don’t sell homes… good internet marketing does… but it seemed like a good title for this weekly blog post.

    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…

    This week the Tuesday Open House features several articles for home sellers in West Chester & Liberty Township & Mason, Ohio.

    The first is from KCM Blog which is one of my favorites.  The title of the article is: A Window of Opportunity for House Sellers.  It’s worth a read.  It mirrors my belief that home prices will continue to come under pressure in the last half of this year as our huge oversupply of homes for sale continues to grow.  You can read the entire article here>> A Window of Opportunity For House Sellers

    From the CNBC Realty Check blog is this article on the impending changes in loan limits.  Loan Limit: Will It Or Won’t It Hurt Housing?  This is a national real estate article and clearly real estate markets are different across the country.  I wrote a blog post here on RealEstate-Ink.com detailing my thoughts on this matter for the West Chester, Liberty Township & Mason Real Estate market recently.  You can find my article right here>> Loan Limits Changing – Does it matter? and you can read the CNBC article here>> Loan Limit: Will It or Won’t It Hurt?

    And for those of you that just love the national reports on home values and prices.  This article on Forbes.com on the Case-Shiller home index and many other firms that report (or attempt to) on home values across the country is full of data and detail on home prices>> What Can Homeowners Learn From Case-Shillers Home Price Index?  For those that would like real, local real estate data and information on home values, Contact A Real Estate Professional!

    Searching for homes for sale? Search all of the homes for sale in West Chester, Beckett Ridge, Liberty Township, Mason or Monroe Ohio… Search The MLS

    Filed Under: Eric Lowry's Articles, Real Estate Information, Real Estate News, Tuesday Open House Tagged With: Cincinnati, CNBC Realty Check, Eric Lowry, Forbes Closing Table Blog, KCM Blog, Keller Williams Realty, Liberty Township Real Estate, LowryTeam.com, Mason Ohio Real Estate, Ohio, Real Estate News, Tuesday Open House, VIPHomeFinder.com, West Chester Real Estate

    West Chester & Liberty Township OH Real Estate Market Breakdown – July 2011

    July 6, 2011 by Eric Lowry Leave a Comment

    West Chester & Liberty Township OH Real Estate Market Breakdown – July 2011

    Find Your Home's Current Market Value - West Chester & Liberty Twp OHIt’s time to breakdown the West Chester & Liberty Township Ohio real estate market again.  In the real estate market breakdown we take a look at which price ranges are in the best shape from a home sellers perspective in West Chester Ohio and Liberty Township, Ohio and which are not? The best way to measure the general strength of the West Chester & Liberty Township, Ohio real estate market and to break down it’s different price ranges is to evaluate the amount of homes for sale in both the total area and also in each different price range.

    SEARCH ALL HOMES FOR SALE IN WEST CHESTER & LIBERTY TOWNSHIP, OHIO

    As you can see in the chart below, there is clearly more activity in some price ranges than others and certainly more homes for sale in some of the ranges also. In each of the different price ranges you can see the number of homes for sale, the number of homes that have sold in the last six months and the months supply of homes for sale.

    The number of homes for sale is a pretty straight forward statistic, the number of homes that have sold in the last six months is used to determine the rate that homes are currently selling. The key number in this chart is the months supply of homes for sale.

    If we were in a seller’s market we would show a month’s supply of less than 5 months inventory, 5-6 months supply of homes for sale is considered a neutral market favoring neither homebuyers or homesellers and anything over 6 months is considered a buyer’s market. The higher the number of months of inventory the stronger the buyer’s market.

    Clearly we can see that a number of price ranges are in a more extreme buyer’s market than others. It’s no surprise that we are in a buyer’s market, but the intensity of the buyer’s market in the higher price ranges is quite extreme.  When listing a home for sale you must understand the level of pricing pressure and competition so that you employ the correct pricing strategy in selling your home.

    LowryTeam.com Real Estate Market Statistics July 2011
    Click The Image To See A Larger Version

    Please keep in mind that these statistics are for West Chester Ohio and Liberty Township, Ohio only and are based on data obtained from the Greater Cincinnati MLS.  When making pricing decisions and putting your home on the market be sure that you have not only looked at the recently sold homes in your neighborhood, but also at the active competition currently on the market and the direction of the current market.  Especially in your home’s particular price range.

    Do you want to track the real estate market activity in your West Chester or Liberty Township Ohio neighborhood?  Get a free, comprehensive real estate market report sent directly to your inbox at >> Home Values In West Chester Ohio.

    Filed Under: Eric Lowry's Articles, Market Update, Real Estate Market Reports, Real Estate Market Statistics, Real Estate News, Sellers Tagged With: Cincinnati, Eric Lowry, Homes For Sale, Liberty Township Housing Statistics, Liberty Township Real Estate, LowryTeam.com, Market Value Of My Home, Ohio, Real Estate Market, Real Estate Market Breakdown, VIPHomeFinder.com, West Chester House Statistics, West Chester Real Estate

    FHA Mortgage Loan Limits Changing – Does It Matter?

    June 27, 2011 by Eric Lowry Leave a Comment

    FHA Loan Limits Maybe Changing In West Chester, Liberty  Township & Mason Ohio

    FHA Mortage Financing - Get Preapproved HereFHA loan limits may be changing this fall in Butler & Warren Counties, including places like West Chester, Liberty Township & Mason Ohio.  The question is, does it really matter to the housing market?  On the face of it, it would seem to be a big deal.  Having the FHA mortgage loan limit changing from a current level of $337,500 to a smaller loan limit of $271,050 in Butler & Warren County is a big change, actually almost a 20% drop in the loan limit.  So that is big.

    But,  as I said before, does it really matter?  A look inside the housing numbers for areas in Butler County like West Chester, Liberty Township and Mason OH indicates it may not be that big of a deal.  So far in 2011, there have been 50 closed sales in the $280,000 – $350,000 price range (the range that would be eliminated by the loan limit reduction) in West Chester & Liberty Township.  Of those 50 closed sales, 8 of the buyers used FHA financing which is 16%  of the sales.  In Mason, there were also 50 closed sales in that range in 2011 and just 6 of those buyers used FHA financing which is of course 12% of the sales.  (Disclaimer: the sales data referenced here came from the Greater Cincinnati Multiple Listing Service).

    So, will the housing market be negatively impacted by the change that is set to occur.  The housing sale numbers in West Chester, Liberty Township & Mason would seem to indicate that they would not be.  The fact is some of the homebuyers that did use FHA financing in this price range, may have done so because they could use this lower down payment mortgage program (3.5% down payment) not because they needed to.  It is very likely that at least some of these homebuyers could have made a larger downpayment if they would have needed to.

    Why is this change in the FHA loan limits set to take place at the end of September?  To get the federal government out of the mortgage business is the answer.  They want the mortgage market to move back towards private investors buying mortgages and reduce the overly large percentage that are now being bought by the federal government.  The long term impact of this policy change may very well be higher interest rates, but then, those are inevitable anyway!

    This isn’t to say that other areas of Ohio and our country may be more directly impacted by this change, but the impact in West Chester, Liberty Township and Mason, Ohio should be very small.

    You comments and questions are always welcome!

    Is it time for you to buy a home?  Start your search for a new home in West Chester, Liberty Township or Mason Ohio Here!

    Filed Under: Eric Lowry's Articles, Financing, Real Estate Information, Real Estate News Tagged With: Beckett Ridge Real Estate, Eric Lowry, FHA Financing, FHA Loan Limits, FHA Loans, Homebuyers, Interest Rates, Keller Williams Realty, Liberty Township Real Estate, LowryTeam.com, Mason Ohio Real Estate, Mortgage Preapprovals, Mortgages, VIPHomeFinder.com, West Chester Real Estate

    West Chester & Mason OH Real Estate: This Month In Real Estate – June 2011

    June 12, 2011 by Eric Lowry Leave a Comment

    This Month In Real Estate – June 2011

    This month in real estate discusses the most common repairs that home sellers have to make prior to closing and the main purposes of a home inspection.  For more information on the home buying or home selling process please contact us via email or call direct at 513-874-1830.

    Follow us on facebook at:  www.Facebook.com/LowryTeamRealEstate

    Filed Under: Eric Lowry's Articles, Real Estate Information, Real Estate Market Reports, Real Estate News, This Month In Real Estate Tagged With: Cincinnati, Eric Lowry, Keller Williams Realty, Liberty Township Real Estate, LowryTeam.com, Mason Ohio Real Estate, This Month In Real Estate, VIPHomeFinder.com, West Chester Real Estate

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