Successfully Sell Your Home This Fall

Old street lamp in the park at autumn. Toned image.Is fall the right time to sell your home? Yes, it is! Given the demand for homes in today’s market, you’re still likely to generate a lot of interest from would-be buyers.

There is a different approach to selling in the fall because the real estate market traditionally changes from its summer buying patterns. Here are ways to make your home stand out from the crowd when selling during the fall season:

Appeal to the Fall Buyer
One of the biggest things to keep in mind at this time of year is the most likely demographics for buyers will be either a younger millennial and people who are looking for a change after their own kids moved out. People with school-aged children are not as motivated to buy a home in autumn since their kids are already settled in at school.

Highlighting the kinds of home features that will appeal to your likely buyers may be a good way to market your home. Home office space, a guest bedroom or even easy access to local attractions are features that millennials and empty nesters will be drawn towards.

Photos of Your Home
For marketing purposes schedule your home to be photographed while the autumn leaves are still on trees and the light is still strong during the day. This can really make a house feel warm and homey – and is much better than the dim, thinner light that comes along in early winter. Brown grass just does not look as nice as a green lawn.

In addition, your home’s staged decor should reflect the season. Pumpkins and gourds nicely displayed on a front porch look welcoming. Light fall interior decor also adds a nice touch. Create a cozy (yet uncluttered) atmosphere. See our Fall Decorating Ideas Pinterest board for ideas.

Highlight What’s Nice
Entice fall home buyers by showcasing your home’s high-efficiency heating system and automated thermostat (that also improves efficiency with easier controls). A little expenditure on weather stripping or a new thermostat can really help to wow prospective buyers.

Make your home brighter for open houses (which might not always be easy given how gray some fall days can be.) Add mirrors and install brighter light bulbs to help your home from feeling dark and dreary. Be sure to keep lights on and open the drapes for showing appointments.

Brought to you by HMS Home Warranty. HMS is an industry leader with over 30 years of creating success for clients and providing peace of mind for customers. To learn more click www.hmsnational.com.

August Home Sales Report – Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana

HomeSales_August2017.jpgMany homes are selling quickly due to low inventories of homes for sale. Mortgage interest rates remain low. Here are the sales statistics for August 2017 for Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana:

Cincinnati
The Cincinnati region enjoyed setting a record for 15 consecutive months for increased average sale price!

August 2017 vs August 2016

  • -.61% Decrease in homes sold (2,610 homes vs 2,626)
  • 8.48% Increase in average sale price ($210,00 vs $193,868)
  • 12.58% Increase in median sale price ($170,000 vs $151,000)
  • 7.81% Increase in gross sales volume ($548,883,303 vs $509,097,422)

January – August 2017 vs January – August 2016

  • .2 % Increase in homes sold (17,776 homes vs 17,740)
  • 6.59% Increase in average sale price ($202.902 vs $190,366)
  • 7.95% Increase in median sale price ($163,000 vs $151,000)
  • 6.8% Increase in sales volume ($3,606,792,639 vs $3,377,091,173)

Statistics courtesy of Cincinnati Area Board of Realtors August 2017 Home Sales Report

Dayton

August 2017 vs August 2016

  • -.74% Decrease in homes sold (1,606 homes vs 1,618)
  • 10.92% Increase in average sale price ($162,235 vs $146,261)
  • 11.36% Increase in median sale price ($139,200 vs $125,000)
  • 10.10% Increase in sales volume ($260,548,765 vs $236,650,202)

August – July 2017 vs January – August 2016

  • 1.86% Increase in homes sold (10,910 homes vs 10,711)
  • 5.96% Increase in average sale price ($134,000 vs $126,900)
  • 5.59% Increase in median sale price ($134,000 vs $126,900)
  • 7.93% Increase in sales volume ($1,4699,577,954 vs $1,574,682,921)

Statistics courtesy of Dayton Area Board of Realtors August 2017 Home Sales Report

Northern Kentucky

August 2017 vs August 2016

  • -4.53% Decrease in homes sold (653 homes vs 684)
  • -4.36% Decrease in average sale price ($182,987 vs $191,326)
  • 1.27% Increase in median sale price ($160,000 vs $158,000)
  • -8.69% Decrease in sales volume ($119,490,533 vs $130,867,134)

January – August 2017 vs January – August 2016

  • 3.06% Increase in homes sold (4,821 homes vs  4,678)
  • 2.50% Increase in average sale price ($180,361 vs $179,956)
  • 3.29% Increase in median sale price ($157,000 vs $152,000)
  • 5.64% Increase in sales volume ($869,524,447 vs$823,122,265)

Statistics courtesy of Northern Kentucky Association of Realtors August 2017 Home Sales Report

Southeastern Indiana
Southeastern Indiana had an uptick in home sales for August!

August 2017 vs August 2016

  • 12.8% Increase in homes sold (123 homes vs 109 homes)
  • 9.9% Increase in average sale price ($174,328 vs $158,565)
  • 14.2% Increase in median sale price ($159,900 vs $140,000)
  • 24.1% Increase in sales volume ($21,442,297 vs $17,283,518)

January – August 2017 vs January – August 2016

  • 3.8% Increase in homes sold (813 homes vs 783 home)
  • 4.1% Increase in average sale price ($157,335 vs $151,208)
  • 1.1% Increase in median sale price ($140,500 vs $139,000)
  • 8.0% Increase in sales volume ($127,913,336 vs $118,395,991)

Statistics courtesy of Rick McMillin – Southeast Indiana Association of Realtors Home Sales Report, August 1, 2017

Look at homes for sale in Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana.

Sibcy Cline Super Open House is October 14 and 15, 2017

SibcyClineSuperOpenHouseSibcy Cline’s agents are hosting a company-wide Super Open House Weekend on October 14-15, 2017. There will be many open houses throughout Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana.

Bye/Buy Weekend!
Are you glued to the television watching football on Sundays? No worries – it’s a “bye” for Bengals football  that weekend – and a will be a great time to look at homes and possibly buy one.

Mortgage rates are still low and home values are on the rise.

Look at open houses.

 

Two Sibcy Cline Agents are Top Sales Agents in Ohio – Julie Back is ranked Number One and Sue Lewis is ranked Number Three!

Julie_Sue_SibcysRobin5_CroppedBest.jpgSibcy Cline Realtors now has two top-selling sales agents for the state of Ohio! Julie K. Back was ranked number one and Sue Lewis was ranked number three. The Ohio Association of Realtors honored both of these agents during their state convention held in Cincinnati, Ohio.

To be at the top in Ohio is no easy task – the Ohio Association of Realtors boasts over 27,000 members. But Julie and Sue are truly amazing at real estate sales and both of them have been at the top in sales for Ohio in previous years:

Julie – #1 agent in 2017; #2 agent in 2015 and 2016; #3 agent in 2013 and 2014; #4 agent in 2012; #5 agent in 2011
Sue – #3 in 2017; #5 agent in 2011; and among the top 10 agents in 2010 and 2012-2016

Everyone at Sibcy Cline is very proud of Julie and Sue. Applause! Applause!

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Current Home Owners have Plenty to Gain from Selling Now

red home sign on hundred dollar bills. Real Estate business ConcWith the current real estate situation, prices have reached record highs in many markets. Despite this trend many homeowners are still on the sidelines of the housing market and are hesitant to put their properties up for sale regardless of the incentives to do so. This might be particularly true for owners who bought in the past 10 years, when prices were above the pre-recession and historical norms. However, today’s market conditions could make now the perfect time to sell.

Housing Market 2017
Perhaps the biggest story in the housing market in 2017 has been the massive demand to buy homes and the relatively limited inventory of properties they can actually purchase. In comparison to the market five years ago, there are now 20 percent fewer homes up for sale nationwide4.

Digging into the Numbers
The reason for this trend is clear enough to industry observers: Buyer demand is so great that when any home is put up for sale, owners are likely to find significant enough interest – typically from multiple bidders – that they can get through the real estate sales process quickly and easily. Today fewer than half of all homes for sale are still available within two months of being listed.

Different Situations
Why aren’t more homeowners eager to get into the market and earn a significant return on their home investments thanks to today’s high prices?

Some people may be worried about how much they would have to pay for a new home after selling their own. Others may be waiting for competition to ease so they don’t have to go through the bidding process to get a new home once their old home has sold. Others are just afraid to list before they find something they like.

Further compounding the inventory issue is the fact that home builders aren’t able to put up new houses quickly enough to meet demand in most parts of the country.

When Sellers become Buyers
The good news for prospective sellers is in the busier markets, the selling process has been so accelerated, everything happens in less than a week. For example, a listing can go up on a Thursday or Friday, with an open house scheduled for that weekend, and multiple bids may come in by Monday. That’s a four-day turnaround, and a lot of homes go from not even being listed to under contract within five.

That could encourage current owners on the fence about getting into the market themselves, though that means if they do shop around, they will need to have contingency plans in place for getting their own homes listed and under contract quickly.

Brought to you by HMS Home Warranty.  HMS is an industry leader with over 30 years of creating success for clients and providing peace of mind for customers.  To learn more click www.hmsnational.com.

July 2017 Home Sales Report for Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana

HomeSales_July2017.jpgHome sales continue to be brisk with many homes selling quickly due to low inventories of homes for sale. Move-in-ready homes in a desired location are often seeing multiple offers.  Mortgage interest rates remain low. Here are the sales statistics for Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana:

Cincinnati

The Cincinnati region enjoyed the fourth highest July ever in sales even though sales were not as high as July 2016.

July 2017 vs July 2016

  • -4.85% Decrease in homes sold (2,431 homes vs 2,555)
  • 6.14% Increase in average sale price ($208,694 vs $196,625)
  • 8.28% Increase in median sale price ($170,000 vs $157,000)
  • .99% Increase in gross sales volume ($507,335,920 vs $502,376,528)

January – July 2017 vs January – July 2016

  • .23% Increase in homes sold (15,149 homes vs 15,114)
  • 6.23% Increase in average sale price ($201,572 vs $189,757)
  • 6.62% Decrease in median sale price ($161,000 vs $151,000)
  • 4.1% Increase in sales volume ($3,053,607,804 vs $2,867,993,751)

Statistics courtesy of Cincinnati Area Board of Realtors July 2017 Home Sales Report

Dayton

July 2017 vs July 2016

  • -2.54% Decrease in homes sold (1,934 homes vs 1,901)
  • .10% Increase in average sale price ($157,132 vs $156,968)
  • 3/71% Increase in median sale price ($136,900 vs $132,000)
  • .99% Increase in sales volume ($507,335,920 vs $502,376,528)

January – July 2017 vs January – July 2016

  • 2.29% Increase in homes sold (9,253 homes vs 9,046)
  • 5.36% Increase in average sale price ($154,853 vs $146,973)
  • 4.81% Decrease in median sale price ($133,000 vs $126,900)
  • 7.77% Increase in sales volume ($1,432,851,217 vs $1,329,517,748)

Statistics courtesy of Dayton Area Board of Realtors July 2017 Home Sales Report

Northern Kentucky

July 2017 vs July 2016

  • -8.78% Decrease in homes sold (613 homes vs 672)
  • 4.09% Increase in average sale price ($193,672 vs $186,063)
  • .61% Increase in median sale price ($165,000 vs $164,000)
  • -5.05% Decrease in gross sales volume ($118,721,014 vs $125,034,614)

January – July 2017 vs January – July 2016

  • 3.63% Increase in homes sold (4,139 homes vs  3,994)
  • 3.65% Increase in average sale price ($179,649 vs $173,323)
  • 3.33% Increase in median sale price ($155,000 vs $150,000)
  • 7.41% Increase in sales volume ($743,569,133 vs $692,255,131)

Statistics courtesy of Northern Kentucky Association of Realtors July 2017 Home Sales Report

 

Southeastern Indiana

July 2017 vs July 2016

  • -7.1% Decrease in homes sold (104 homes vs 112)
  • 1.7% Increase in average sale price ($161,000 vs $158,326)
  • 4.9% Increase in median sale price ($150,000 vs $143,000)
  • -5.8% Decrease in sales volume ($16,700,000 vs $17,732,534)

January – July 2017 vs January – July 2016

  • 1.8% Increase in homes sold (685 homes vs 673)
  • 2.0% Increase in average sale price ($153,000 vs $150,019)
  • -1.8% Decrease in median sale price ($136,000 vs $138,503)
  • 4.1% Increase in sales volume ($105,100,000 vs $100,962,513)

Statistics courtesy of Rick McMillin – Southeast Indiana Association of Realtors Home Sales Report, August 1, 2017

Look at homes for sale in Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana.

 

 

 

Citirama is Happening at the Woodland Meadows in Woodlawn September 23 – October 1, 2017!

Citirama_sign.jpg

Cincinnati’s 14th Citirama site is located at the Woodland Meadows in Woodlawn. This home show will take place from September 23 – October 1, 2017.  There are six single-family homes being featured in the show. This new subdivision has 43 home sites.

The new homes in the show are priced from $200,000 – $375,000. A 15-year property tax abatement is available to all home buyers. (Lots will have a special yearly assessment for 15 years at about $3,000 per lot.)

Citirama Dates and Times
Open daily from September 23 – October 1, 2017
Monday – Thursday: 4pm – 9pm
Friday-Sunday: 12pm – 9pm

Tickets
Tickets are $10.00 for adults. Discount tickets will be available at Kroger for $8.00 AAA Members can also purchase $8.00 tickets at the home show’s gate by showing their membership card.

citirama-villageofwoodlawn

Read more about Citirama here and here.  Read more about Woodlawn here.