The markets went up Thursday before the holiday due to an announcement of expected first quarter earnings from Wells Fargo Bank. Wells Fargo expects to report a net income of $3 billion, or 55 cents per share. Wells Fargo reported the following in a news release on April 9: “‘Our business momentum is strong, and we expect our operating margins to remain at the top of our peer group,’ said Chief Executive Officer John Stumpf. Expected results include: Total revenue of $20 billion, including another quarter of double-digit revenue growth at legacy Wells Fargo, up an estimated 16 percent. Strong... [more...]

Dan Green, the author of the Mortgage Reports Blog makes some OUTSTANDING comments on his blog article today. I highly encourage anyone considering buying this summer to take a read ASAP before an opportunity passes you by, as it has so many others. Just one year ago, sellers were assisting buyers in their down payment on their homes, that is gone today, and in a few months, things will tighten up again for buyers. Bottom line, get out there and buy if you are planning on it, because lending is tightening up again. A few key points that Dan makes are worth repeating here in a succinct form: “It... [more...]

CABR released a statement last week regarding Cincinnati’s exceptional level of affordability! We all know it’s a buyers market. These are the factors that come together to make a buyers market: Inventory of homes for sale is strong. Mortgage rates are low Home prices are favorable. More specifically, in Cincinnati there is ample supply of homes, mortgage rates are near 5% and the median home price in Cincinnati’s 4-county area is $123,000. Perfect for buyers. There are also, as you know, home buyer tax credit programs. We’re talking about the $8,000 tax credit, which we’ve mentioned... [more...]

A CRS is a Certified Residential Specialist — another one of the special qualifications that Realtors can earn. I have earned my CRS designation in addition to my ABR. This means that I have passed a specific series of courses in a restricted amount of time that have given me special skills to better represent residential clients. The Council of Residential Specialists offers this program. There are only slightly more than 38,000 active agents in the entire nation who hold this distinction, less than 4%. According to the Council, their  Read More →

Great news for new Ohio homebuyers! There are additional programs of which to take advantage of for home purchases as announced by the OHFA. Home Buyer Tax Credit Advantage Program A news release states:  Read More →

Recently, while working with a family relocating to Cincinnati, my client ask me for a guide to maintaining and improving his home. They have never owned an older home before, and they wanted a guide to know how to keep their new home in tip-top shape, so of course we asked Home Inspector Mike Patton for some advice on helpful sources. Mike offered some options for homeowners looking for help with maintenance.  Read More →

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