Real Estate News & Trends

This category is for news items that can impact real estate, sales and prices. From new employers to business expansion or investment activity, you'll find interesting articles of trends and events that affect buyers, sellers and investors.

Found 146 blog entries about Real Estate News & Trends.

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COLUMBUS, Ohio — Today, Berkshire Hathaway HomeServices Professional Realty gains two offices in Granville and New Albany, formerly under Berkshire Hathaway HomeServices Integrity One, REALTORS. The merge is an anticipated step forward for the growth of the Columbus region – a step that showcases Berkshire Hathaway HomeServices as an emerging market leader in the area.

Patti Urbatis, owner of the Berkshire Hathaway HomeServices Integrity One, REALTORS franchise, will continue to lead her real estate team based in the Granville office. Rob Matney, Regional Director of Berkshire Hathaway HomeServices Professional Realty will oversee the additional offices.

“The presence and market together are one piece of the equation, but it allows agents to share

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TRID ChangesHow TRID Babies Are Progressing

Better late than never! After careful evaluation I decided to watch these TRID babies make their way into the first month of life and report on how they are actually faring on the journey to closing table. No surprise here but...it's  a mixed bag folks. As stressed in prior blogs, it is imperative to have a team of well-educated professionals on your side who truly understand the TRID changes and how to appropriately set everyone's expectations in order to avoid the dreaded 11th hour fallout. 

Cleverly Concoct Your Plan

When interviewing lenders (which you ARE doing...correct?!) be sure to ask pointed questions. Lindsey Akers of Prime Lending states, "any lender can quote fees, rates and basically take the

2,315 Views, 3 Comments

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Rooms We Never Knew We Needed

home decor, children's rooms, homework room, home improvementHomes are ever evolving to meet our needs. We went from living rooms, dining rooms, and dens to great rooms, man caves, home offices, and now – the homework room.

Innovative and fun to decorate, these new spaces are becoming more common for families with hectic schedules and limited quiet space. Some creative homeowners have transformed neglected mudrooms, pantries, and those quirky thoroughfare or half bedroom/half office type spaces into an area specifically designed to allow kids to focus. Here are few staples (and variations) to anchor and define these academic oases.

  • Desk – But don’t just think desk. Tables, bars, or cabinet type work areas help mix up the humdrum of school desks.
  • Lockers – A fun find on
1,102 Views, 2 Comments

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Is September a Prime Month for Buyers? 

best time to buy a home, buying a home, first time buyersWith summer ending, the fervor of home buying is dying down, which can be a good thing for buyers. A recent article in Daily Real Estate News noted that homebuyers looking to purchase during the off-season, particularly September, could have the upper hand.

Jonathan Smoke, chief economist for realtor.com, reported that supply rises in the late summer, providing buyers with more choices. In the third week of August, national inventory was at 1.91 million units, an increase of 21 percent since January.

“Normally inventory peaks in August and begins to slow as the nights grow longer,” Smoke says. “But this year the typical seasonal decline will start a bit later. There will be more choices in September than

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Buying a Home - Concerns About the Economy

buying a home, buying a home safely, buying a home wiselyHello, back again with some more tips on buying a home and preserving your finances.

Don't we all get excited about the prospect of buying something new? More so when it's a big-ticket item? A house becomes a home and I'll be the first to admit the temptation to go all-out is huge. Even greater for those with families and children. 

A lot of real estate agents would like you to buy as much home as you can afford, as their commission check is naturally bigger. However, agents that genuinely care about their clients place their commission amount on the back-burner in favor of giving sound guidance to buyers when it comes to finances.

Most personal bankruptcies are filed over as little as a $300 per

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Sweeping Changes In Lending 

Time For ChangeAs promised, your in-depth look at the CFPB changes and our new buddy.....TRID. For those of you who don't know, TRID is the ridiculously long acronym that rivals weatherman Liam Dutton's pronunciation of the (now) infamous 58 letter Welsh town. No really. T=Truth In Lending. R=Real Estate Settlement Procedures Act (RESPA). I=Integrated. D=Disclosures. In short, TRID is designed to leave no stone unturned, and no question unanswered in the lending process. 

Two brand new, hot off the press disclosures, The Loan Estimate & 5pg Closing Disclosure. When meeting with your loan officer and shopping for lender in particular, the moment of loan application consummation will no longer be in question, as has been the case in the

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CFPB, TRID Changes are Good for Buyers

TRID Changes, CFBP With sweeping changes within the lending industry on the horizon, lenders, settlement companies, Realtors and anyone even remotely interested in the world of real estate have their collective pens poised to take notes. The back quarter of 2015 will be nothing less than a hands on course in how the Feds play a large part in the life of a consumer, like it or not. 

The majority of the upcoming changes, implemented by the Consumer Financial Protection Bureau (CFPB) will greatly benefit both buyers and sellers. There will be no more of the rush to scan final numbers before gathering around the closing table. The new Closing Disclosure Law allows three full days to review and ask questions on the final loan

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Housing Market Remains Strong across Ohio

southern ohio homes for saleThe housing market has been so strong over the past several months that some people are now talking about another “housing bubble”.  No one can accurately predict the future and yes, sometimes history does repeat itself. Let’s take a look at some actual statistics in various areas to see how things are shaping up.

The following statistics are being taken directly from the multiple listing service of Cincinnati. Some people do not like statistics while others love them.  

All of the statistics provided with be as of today’s date, August 4, 2015. I am calculating the results for single family, residential homes only.

Monroe Ohio Real Estate

Monroe Ohio currently has 50 active (for sale) homes. The

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Are you looking to buy a foreclosed or a short sale type of home, if so, read on…

Buying a foreclosure or short sale can be a great way to purchase a home, but there can be issues with the process.

When buying a foreclosure or short sale many things can happen and you need to be armed with knowledge so that you aren’t surprised if and when they occur.

foreclosed homesThese types of homes are almost always in need of repair, some might be minor, but some could be major.  It’s always best to assume the home will need repairs so you should be prepared mentally and financially.

If you are a cash buyer, you will not have to be concerned with “lender required” repairs, but still need to be aware of a few other potential issues.

If you are buying the home with

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The Importance of Home Inspections

home inspectionsI've been selling dozens upon dozens of homes over the years all across SW Ohio and have ran across many reputable lenders and home inspectors. As a professional buyer's agent, I do my best to assist my clients' with finding the right homes, lenders and home inspection companies to work with, among other things.

In order to avoid any legal ramifications for "steering" I have composed a list (that I am always updating or revising) of lenders and home inspection companies. I send this list to my clients and encourage them to do their own investigations of who they would like to work with.

One of the recent additions to the list of home inspection companies is Slab to Slate Home Inspections. Chad Shultz is the owner

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