Mortgage rates continue to fall
Posted in Market Update, Mortgage by Lindsay – Be the first to commentJuly Home Sales Slip 35%
Posted in Market Update by Lindsay – Be the first to comment
The rush to buy homes before the federal tax credit program for housing expired on April 30 caught up with sales (closings) in July. March closings were up 15%, April 34%, May 26%, and June 8%. But July, off 35%, broke that string of gains. Overall, for the first seven months of the year, sales are still up 3% (10,816 compared to 10,495 the same period one year ago). The spring buying simply accelerated sales from summer buying.
Cincinnati Sales Up 7.6% in June
Posted in Market Update by Lindsay – Be the first to commentLocal homes sales (closings) last month — at 2,129 units — showed a 7.63% gain over the same period one year ago, reports the Cincinnati Area Board of Realtors. The increase was due largely to closings that needed to be completed by June 30, from contracts written by April 30, in order for qualified buyers to receive a federal tax credit up to $8,000.
Pending Home Sales Drop (As Expected)
Posted in Market Update, Tax Credit by Lindsay – Be the first to commentClosing Costs: What’s in em?
Posted in Buying, Closing Costs, First Time Home Buyer, Mortgage by Lindsay – Be the first to commentHow Buyers are Saving Money without the Tax Credit
Posted in Buying, First Time Home Buyer, Home Buyer Programs, Tax Credit by Lindsay – Be the first to commentWho’s buying homes in Ohio?
Posted in Buying, First Time Home Buyer, Market Update by Lindsay – Be the first to commentSenate Limits Lending Fees to 3%
Posted in Market Update, Mortgage by Lindsay – Be the first to commentThe Senate Approved an Amendment to limit lending fees to 3% – Will it shut down Mortgage Brokers?








