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

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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.

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

First-Time Home Buyer Tips

花火8Thinking of buying a home for the first time? This is sure to be a thrilling time for you! Purchasing a home will be one of the largest investments you will have and therefore making knowledgeable decisions is important. Here are six first-time home buyer tips to help you make your purchase:

Tip #1 – Is the Time Right for You to Buy a Home?
Buying a home is a long-term investment. Make sure you are prepared to stay in the home for at least five years. You will also need to determine if you have a stable income with money saved for a down payment as well as money set aside for moving expenses, insurance and home repairs.

Tip #2 – Work with a Real Estate Agent
Your real estate agent will be your professional guide throughout the home-buying process. Your Realtor’s experience will save you time and be of upmost importance when it is time to negotiate a sales contact. Your agent’s knowledge of current market values in areas of interest will help you find the home that meet your needs and from overpaying.

Tip #3 – Get Pre-Approval for a Mortgage
Looking for a home before you know how much you can afford can lead to frustration. By getting pre-approved for a mortgage loan, you will not only know how much you can really afford, but when it is time to make an offer on a home, that pre-approval indicates you are a serious buyer.

Tip #4 – Determine What Type of Home You Need
Figuring out what your home needs are is not as easy as it sounds. You may have a list that is unrealistic for your budget. It is best to write down what you need and what you would like to have.

For example, you may want four bedrooms, but could make do with three. A finished lower level might be nice, but is not absolutely necessary. Is an updated kitchen a requirement? Do you need lots of storage room? Is a large yard important to you? Do you need a home office?

Once you have determined your list of non-negotiable “must haves”, your real estate agent will then be better able to find homes that match those needs. Be willing to compromise. Your entire wish list will probably not be found all in one home.

Tip #5 – Location of Your Home
Where you live is an important factor in your home search. Do you want to reside near where you work? Do you need to be near a highway because you often travel? Does living near friends and family appeal to you? Do you prefer to live in an urban, suburban or rural area?

If you are open to location, you will have many more housing options than if you narrow possible locations. If you do have your heart set on a particular area, it might be best to be open minded to view homes for sale in nearby neighborhoods.

Once you have determined the area in which you prefer to live, it is always a good idea to drive around that area at different times of day to get a good feel for the neighborhood and its traffic patterns.

Tip #6 – Strategize Your Offer on a Home
Once you have found a home on which you want to make an offer, you will need to strategize with your real estate agent about your offer. Current market values, a home’s past sales history and the home’s key features are factors to consider when making an offer. In a seller’s market, your offer to purchase may not be the only one coming in to that home seller. A strong and fair offer may be the best strategy.

Look at homes for sale.

 

 

Home Sales Rose in May in Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana!

HomeSales_May2017.jpgMay 2017 was a strong month for home sales throughout Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana with increases in the number of home sales from four to almost seven percent.

May 2017 was also a record-setting month in Cincinnati with the average sale price reaching $199,421. In Northern Kentucky, the average home sale price was $182,783 – the highest since September 2016. In Dayton, Ohio, the May 2017 average sale price was 4% better than last May. Southeast Indiana had a 4.0% increase in average sale price at $161,340.

Not increasing in all regions are the number of homes for sale – which still remain low. In Cincinnati the number of homes for sale is down 24.98% as compared to inventory from May 2016. In Northern Kentucky the inventory of new listings for sale in May 2017 was the highest since June 2016 – 950 homes. However, in that region the total number of homes for sale still remains low with only 1,726 properties. In Dayton, Ohio, there were 2,172 new listings added for sale in that region in May 2017 – which was up from 2,108 new listings in May 2016.

The real estate market remains strong – homes in good condition many times are selling quickly – some with multiple offers. Mortgage interest rates are still low. Look at homes for sale.

Here are the May 2017 home sales statistics:

Cincinnati May 2017 Home Sales

May 2017 vs May 2016

  • 4.05% Increase in home sales (2,695 homes vs 2,590 homes)
  • 7.05% Increase in sales volume ($537,439,239 vs $502,052,134)
  • 2.88% Increase in average sale price ($199,421 vs $193,843)
  • 1.19% Increase in median sale price ($160,000 vs $157,000)

January – May 2017 vs January – May 2016

  • .96% Increase in home sales (9,872 homes vs 9,778 homes)
  • 7.74% Increase in sales volume ($1,912,894,430 vs $1,775,446,351)
  • 6.71% Increase in average sale price ($193,770 vs $181,580)
  • 6.90% Increase in median sale price ($155,000 vs $145,000)

Source: Cincinnati Area Board of Realtors, Home Sales Report, May 2017

Dayton, Ohio May 2017 Home Sales

May 2017 vs May 2016

  • 4.03% Increase in home sales (1,626 homes vs 1,563 homes)
  • 8.07% Increase in sales volume ($256,075,029 vs $236,944,693)
  • 3.89% Increase in average sale price ($157,488 vs $151,595)
  • .71% Increase in median sale price ($133,950 vs $133,000)

January – May 2017 vs January – May 2016

  • 4.48% Increase in home sales (6,023 homes vs 5,765 homes)
  • 12.32% Increase in sales volume ($907,874,053 vs $808,282,267)
  • 7.51% Increase in average sale price ($150,735 vs $140,205)
  • 6.61% Increase in median sale price ($129,000 vs $121,000)

Source: Dayton Area Board of Realtors, Home Sales Report, May 2017

Northern Kentucky May 2017 Home Sales

May 2017 vs May 2016

  • 6.61% Increase in home sales (742 homes vs 696 homes)
  • 11.38% Increase in sales volume ($135,625,702 vs $121,771,783)
  • 4.47% Increase in average sale price ($182,783 vs $174,959)
  • 2.81% Increase in median sale price ($155,500 vs $151,250)

January – May 2017 vs January – May 2016

  • 6.62% Increase in home sales (2,771 homes vs 2,599 homes)
  • 10.35% Increase in sales volume ($479,594,468 vs $434,621,789)
  • 3.50% Increase in average sale price ($173,076 vs $167,226)
  • 2.74% Increase in median sale price ($150,000 vs $146,000)

Source: Northern Kentucky Association of Realtors, Home Sales Report, May 2017

 

Southeastern Indiana May 2017 Home Sales

May 2017 vs May 2016

  • 6.5% Increase in home sales (132 homes vs 124 homes)
  • 10.7% Increase in sales volume ($21,296,838 vs $19,238,573)
  • 4.0% Increase in average sale price ($161,340 vs $155,150)
  • 2.0% Decrease in median sale price ($136,500 vs $139,347)

January – May 2017 vs January – May 2016

  • 6.4% Increase in home sales (456 homes vs 429 homes)
  • 10.3% Increase in sales volume ($68,570,499 vs $62,159,900)
  • 3.8% Increase in average sale price ($150,374 vs $144,895)
  • 0% Increase in median sale price ($135,000 vs $135,000)

Source: Rick McMillin VP/Sales Manager of Sibcy Cline Harrison, Southeastern Indiana Home Sales Report, May 2017

Cincinnati’s Homearama 2017 to be held at Rivercrest in Hamilton Township

CommunitySign6.JPGThe 2017 Cincinnati Homearama home show will be hosted at Rivercrest located in Hamilton Township in Warren County and overlooking the scenic Little Miami River. The show is scheduled for July 8-23, 2017.

Show hours:
Monday – Thursday: 4pm – 10pm
Friday – Sunday: 12pm – 10pm

Tickets are $16 at the gate. AAA members who show their card get a $2 discount. Or order discounted $14 tickets here.

There will be eight show lots with homes expected to be priced from $800,000. Five builders have committed to the show.

Rivercrest has 132 acres of land with 211 single-family lots. The community will offer many amenities including:

  • State-of-the-art clubhouse with meeting rooms
  • Community pool
  • Stocked pond
  • Sidewalks and street lamps
  • 50 acres of green space

 

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Rivercrest is conveniently located at 1295 US 22 in Maineville, Ohio 45039.

Nearby Deerfield Township Town Center offers many stores and restaurant options. Kings lsland and The Beach area popular entertainment spots during the warmer months that are located in Warren County.

Interested in building a new home? Contact your Sibcy Cline agent.

New Directions and Proximity Mapping Tool on www.sibcycline.com

Sibcy Cline’s website now has a new directions and proximity mapping tool that features directions, number of driving miles as well as estimated drive time from a listed property to a desired location.

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To use the tool, a user simply needs to create an account from a listing detail page…

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…and click on “Saved Locations”.

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A registered user can add up to five address locations (work, school, etc.)

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We think this new tool will “move” people! It’s a great way to help potential buyers make decisions about what part of town they want to live. And for those who enjoy walking or biking, the map also features walking directions with estimated time to reach a destination.

Be sure to check out this new tool on Sibcy Cline’s website!

Sibcy Cline is Ranked as the Largest Residential Real Estate Company by the Business Courier for the 24th Year in a Row

花火8The Business Courier published its annual ranking of the top residential real estate companies and Sibcy Cline was placed at the top at number one for 2017.  Rankings were based on 2016 sales volume. This is the 24th year in a row that Sibcy Cline has been recognized as the largest local real estate company!

Sibcy Cline has 1,200 real estate agents and over 200 employees. The company was founded in the 1930s and has been a family-run operation since that time. Sibcy Cline is a full-service company with real estate, mortgage, relocation, insurance, title and home services divisions.

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

HomeSales_April2017.jpgApril 2017 home sales were very strong in Dayton, Ohio with that region boasting its strongest month on record with 1,316 homes sold. Although sales were not at record pace in Cincinnati and Northern Kentucky as in previous months, home sales were still strong, and average and median sale prices rose in these regions in April. In Southeastern Indiana, sales were behind April 2016, but sales are still strong for that region overall year-to-date.

It’s a great time to sell and buy a new home. Home values are rising and mortgage interest rates are low. Demand for homes for sale is high. Look at homes for sale.

Here are the statistics for April homes sale per region:

Cincinnati April Home Sales

April 2017 vs April 2016

  • 1.319% Decrease in home sales (2, 119 homes vs 2,362 homes)
  • 1.71% Decrease in sales volume ($432,814,944 vs $440,362,552)
  • 9.56% Increase in average sale price ($204,254 vs $186,436)
  • 8.49% Increase in median sale price ($163,000 vs $150,250)

January – April 2017 vs January – April 2016

  • .21% Decrease in home sales (7,173 homes vs 7,188 homes)
  • 7.96% Increase in sales volume ($1,374,836,574 vs $1,273,434,217)
  • 8.19% Increase in average sale price ($191,668 vs $177,161)
  • 8.51% Increase in median sale price ($153,000 vs $141,000)

Source: Cincinnati Area Board of Realtors Home Sales Report, April 2017

Dayton, Ohio April Home Sales

April 2017 vs April 2016

  • 1.31% Increase in home sales (1,316 homes vs 1,299 homes)
  • 8.55% Increase in sales volume ($206,823,500 vs $190,534,920)
  • 7.15% Increase in average sale price ($157,161 vs $146,678)
  • 2.36% Increase in median sale price ($130,000 vs $127,000)

January – April 2017 vs January – April 2016

  • 6.23% Decrease in home sales (6,769 homes vs 7,218 homes)
  • 14.43% Increase in sales volume ($647,220,075 vs $565,595,073)
  • 8.43% Increase in average sale price ($148,309 vs $136,782)
  • 8.14% Increase in median sale price ($127,600 vs $118,000)

Source: Dayton Area Board of Realtors Home Sales Report, April 2017

Northern Kentucky April Home Sales

April 2017 vs April 2016

  • 7.27% Decrease in home sales (574 homes vs 619 homes)
  • 4.50% Decrease in sales volume ($101,017,579 vs $105,780,751)
  • 8.04% Increase in average sale price ($175,988 vs $162,889)
  • 3.33% Increase in median sale price ($155,000 vs $150,000)

January – April 2017 vs January – April 2016

  • 5.47% Increase in home sales (2,007 homes vs 1,903 homes)
  • 8.94% Increase in sales volume ($340,830,880 vs $312,8450,006)
  • 3.30% Increase in average sale price ($169,821 vs $164,398)
  • 3.82% Increase in median sale price ($149,500 vs $144,000)

Source: Northern Kentucky Association of Realtors Home Sales Report, April 2017

Southeastern Indiana April Home Sales

April 2017 vs April 2016

  • 14.2% Decrease in home sales (91 homes vs 106 homes)
  • 28.7% Decrease in sales volume ($11,681,753 vs $16,373,704)
  • 16.9% Decrease in average sale price ($128.371 vs $154,469)
  • 9.4% Decrease in median sale price ($125,000 vs $138,001)

January – April 2017 vs January – April 2016

  • 9.2% Increase in home sales (332 homes vs 304 homes)
  • 12.1% Increase in sales volume ($48,332,161 vs $43,100,390)
  • 2.7% Increase in average sale price ($145,549 vs $141,778)
  • .9% Increase in median sale price ($133,700 vs $132,500)

Source: Rick McMillin VP/Sales Manager of Sibcy Cline Harrison, Southeastern Indiana Home Sales Report, April 2017