Thursday, December 24, 2009
Friday, December 18, 2009
Mortgage Rates Up BUT Still Below 5 Percent
Freddie Mac released the results of its Primary Mortgage Market Survey in which the 30 Year Fixed Rate Mortgage averaged 4.94% with an average of .7 points up from last week when it averaged 4.81%.
The 15 Year FRM averaged 4.38% up from 4.32%. Bottom line is rates have gone up slightly this week.
Now is still a great time to buy. Take advantage of low rates and sellers who are ready to deal!!
Call Sibcy Cline Realtor Michelle Sloan for all your real estate needs in the northern Cincinnati area.
http://www.sloansellshomes.com/
The 15 Year FRM averaged 4.38% up from 4.32%. Bottom line is rates have gone up slightly this week.
Now is still a great time to buy. Take advantage of low rates and sellers who are ready to deal!!
Call Sibcy Cline Realtor Michelle Sloan for all your real estate needs in the northern Cincinnati area.
http://www.sloansellshomes.com/
Monday, December 14, 2009
New Listing - Deerfield Twp
Check it out ---
5980 Deer Run Dr Deerfield-Twp. OH-45040
5980 Deer Run Dr Deerfield-Twp. OH-45040
Charming 3BR home-much LARGER than it looks! $17K+ in updates: new roof, front door & French doors to walkout, updated bathrooms, AC unit, vinyl fence/landscaping/ex. lighting. 1900 sf. Close to shopping & I71/275. No HOA/Mason tax. This is priced to SELL. Mason Schools!
For a private showing --Serious Buyers call Sibcy Cline Realtor Michelle Sloan at 513-600-5277.
Monday, December 7, 2009
Monday, November 30, 2009
New Listing - Liberty Twp - Lakota Schools
5562 Creekside Meadows
Beautiful 2yr old/4BR home in Creekside Meadows. Great open fl plan, huge kitchen w/island open to sunrm, 42 cabs, 9' ceilings, 1st fl stdy, $22K+ in upgrades-sprinkler sys, paver patio/fire pit, landscaping, humidifier, hunter douglas blinds. This home has it all!! PRICED TO SELL! Super neighborhood with walking trails.
Call Sibcy Cline Realtor Michelle Sloan for a private tour. Serious buyers only!
Call Sibcy Cline Realtor Michelle Sloan for a private tour. Serious buyers only!
Busy Day in Real Estate..
Real estate is popping.. just in time for the holidays and end of the year! Anyone want to list now?? Mason City Schools.. Call Me!
Michelle Sloan, Sibcy Cline Realtor.
msloan@sibcycline.com
513-600-5277
Michelle Sloan, Sibcy Cline Realtor.
msloan@sibcycline.com
513-600-5277
Thursday, November 26, 2009
Tuesday, November 24, 2009
Home Sales UP in Cincy Area
Home Sales Up 5 Months in a Row -
October Strongest % Gain This Year
Local home sales -- for the fifth month in a row -- surpassed sales activity from a year ago.
Sales last month totaled 1,724 homes, up 15% from last October. It was the strongest
year-over- year return for any month this year.
Nationally, home sales increased 23% from a year ago.
The federal tax credit for first-time buyers continued to be the positive “shot in the arm” for
buying last month. That program was set to expire Nov. 30.
Other factors for the October gain included low mortgage rates and a favorable inventory of
homes from which a buyer could select. Mortgage rates for a 30-year fixed rate loan now average
5.07%. A year ago it was 6.31%. Lower mortgage interest costs a homeowner less each month in
housing payment.
Congress recently extended and expanded the tax credit program for home purchases made by
April 30, 2010 and close by June 30. The enhanced program continues with a tax credit up to $8,000 for
first-time buyers, but also $6,500 for current homeowners who buy between now and April 30.
Inventory of homes for sale currently is at 7.48 months compared to 10.28 months a year ago. A
balanced market – for buyers and sellers -- is from 5 to 6 months.
*Source: Cincinnati Area Board of Realtors
October Strongest % Gain This Year
Local home sales -- for the fifth month in a row -- surpassed sales activity from a year ago.
Sales last month totaled 1,724 homes, up 15% from last October. It was the strongest
year-over- year return for any month this year.
Nationally, home sales increased 23% from a year ago.
The federal tax credit for first-time buyers continued to be the positive “shot in the arm” for
buying last month. That program was set to expire Nov. 30.
Other factors for the October gain included low mortgage rates and a favorable inventory of
homes from which a buyer could select. Mortgage rates for a 30-year fixed rate loan now average
5.07%. A year ago it was 6.31%. Lower mortgage interest costs a homeowner less each month in
housing payment.
Congress recently extended and expanded the tax credit program for home purchases made by
April 30, 2010 and close by June 30. The enhanced program continues with a tax credit up to $8,000 for
first-time buyers, but also $6,500 for current homeowners who buy between now and April 30.
Inventory of homes for sale currently is at 7.48 months compared to 10.28 months a year ago. A
balanced market – for buyers and sellers -- is from 5 to 6 months.
*Source: Cincinnati Area Board of Realtors
Thursday, November 19, 2009
Mortgage Rate Update
30-Year Rates Near Record Breaking Levels
15-Year FRM Drops to Lowest Ever Recorded in Freddie Mac Survey History
The 30 Year FRM averaged 4.83% with an average .7 points down from last week’s average of 4.91%. Last year at this time the 30 Year FRM averaged 6.04%. The 15 Year FRM averaged 4.32% with an average of .6 points down from 4.36%. WOW these are some great rates!!!
Get qualified today and talk to Sibcy Cline Realtor Michelle Sloan to find a great home in the northern Cincinnati area before these rates go any higher!!
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