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Monthly Archives: December 2010

10 Reasons to Buy a Home in 2011

Posted on December 30, 2010 by tim in Buying, First Time Home Buyer

Is 2011 your year to become a homeowner? Most people who choose a New Year’s resolution typically pick a goal to achieve or habit to break, but 2011 may be the year that they resolve to buy their first home.…

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Cincinnati: 49% More Home Buying Power

Posted on December 26, 2010 by tim in Buying, Market Update

Locally, the public has 49% more home buying power than the nation, when you factor in (1) the median home price, (2) monthly mortgage payment, and (3) median annual income. Cincinnati wins in all three categories from a nationwide third …

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15,688 Cincinnati Homes Sold, 2010

Posted on December 23, 2010 by tim in Market Update

Cincinnati home sales continued their 2010 advancement in November, with 1,092 homes sold (closed) last month, and 15,668 for the first 11 months of the year. That represented decreases of 31% and 10%, from comparable periods one year ago.…

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Cincinnati Real Estate Results 2010

Posted on December 21, 2010 by tim in Market Update

Shown below are the latest graphs that represent the results from the Northern Kentucky and Cincinnati Board of Realtors through October. Total market data for the year 2010 through December will be available in the beginning of February 2011.…

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Interest Rates Continue to Rise

Posted on December 17, 2010 by tim in Market Update, Mortgage

Historically low mortgage rates over the past couple of months have not done much to encouraged new home sales, but rising rates could finally push those who have been “thinking about” buying  into the market.…

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Mortgage Interest Deduction. Will it stay or go?

Posted on December 8, 2010 by tim in Market Update

In order to help cut over $4 trillion in debt over the next decade, the deficit commission has proposed a scaled-back mortgage interest deduction (MID) for home owners. Real estate agents around the country have immediately challenged the recommendation to …

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Pre-Purchase Rate Protection – offered by only one bank in Cincinnati!

Posted on December 6, 2010 by tim in Buying, Home Buyer Programs, Mortgage

I learned about a new product recently that makes so much sense yet it is only offered by one bank in Cincinnati. It is called Pre-Purchase Rate Protection, by Coldwell Banker Home Loans. What is does:

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2010 Homebuyer Study Results

Posted on December 2, 2010 by tim in Market Update

Each year the National Associations of REALTORS (t) will conduct a survey that procudces a “Profile of Home Buyers and Sellers“. The survey typically evaluates demographics and experiences of recent home buyers and sellers. Here are some highlights

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