Springboro Ohio Real Estate

One of the real joys of the holiday season is the opportunity to say Thank You for trusting us with your real estate needs and to wish you the very best for the New Year.  Happy Holidays to you and your family!

As Thanksgiving nears, we are reminded of where the largest part of our business comes from, year after year.  You!  We just want you to know how grateful we are that you have trusted us over the years with your real estate needs, and for referring us to your trusted friends and family.  We all know there are many choices of Realtors who you can work with, and again, we want to tell you how much we appreciate that you chose us!  On behalf of the Tim Hall Team, we say “Thanks!”

Exciting News!  Set your DVRs...This Friday morning, November 4th during the 9 o'clock hour tune in to see 8275 Cierra Way featured on the TODAY show on NBC.   Each week, TODAY real estate expert Barbara Corcoran looks around the U.S. to see what homebuyers can get for their money, and this week's segment will feature one of the Tim Hall Team's Waynesville listings!

It’s time for the end of first quarter year-over-year market report.

Single-Family Residential Home Sales

Butler/Warren County homes sold volume DOWN  8%. Average Sales Price UNCHANGED at $160,085.

Montgomery/Greene County homes sold volume DOWN 1%. Average Sales Price DOWN 2%.

My interpretation of the data is that market conditions have leveled in Greater Dayton (Montgomery/Greene) while they have declined in Northern Cincinnati (Warren/Butler). Considering the substantial differences n Average Sales Price, it isn’t surprising that the higher price range has taken longer to level out, and may not this year.

Luxury Home Sales (Over $400K)

Butler/Warren County homes sold volume DOWN 22%. Montgomery/Greene county homes sold volume UP 20%.

Keep in mind that we are talking about very small numbers here for the quarter, less than 100 reported sales for all 4 counties, so statistics can be misleading.

If you are selling this year, remember that all sales are local, really local, and should be compared to your immediate surroundings, than the community as a whole. I am surprised that the dip isn’t greater overall, especially the Average Sales Price, which remained quite flat in both markets.

Last night, Marti Shoenfelt, our Team Sales Manager, was honored to accept the #1 Team Award for 2010 from RE/MAX of Southern Ohio on behalf of the entire team.  We are proud and thankful that you have trusted us to buy or sell one of your most important asset.  Thank you for your support.  We look forward to a successful 2011. 
If we can help you or someone you know, please let us know.

The Tim Hall Team of RE/MAX Central Properties is proud to announce that we have become members of SeniorChecked.  Their mission is to help reduce the risk and incidence of fraud against Seniors by connecting them to trusted local businesses. We have met the standards set by the SeniorChecked Network and have been awarded membership into this elite group.  With the accreditation, you can feel confident that our business has been verified with the industry's most comprehensive set of background checks and is trusted as a service provider that Seniors and their families can feel safe doing business with.

Tim Hall Team Receives 2010 President’s Sales Club #1 Team Award

(Cincinnati, September, 14, 2010) – The Tim Hall Team of RE/MAX Central Properties has been awarded the prestigious #1 Team Award in transaction credits by the Ohio Association of Realtors 2010 President’s Sales Club.  This top honor is given to the Realtor sales team with the most real estate transactions in the state of Ohio.  Tim accepted the award on behalf of the team at the Ohio Association of Realtors 100^th Annual Convention & Expo on September 13^th in Cincinnati, OH.

The Tim Hall Team also holds the distinction of being ranked number 62 nationally as reported in the Wall Street Journal by Real Trends for 2009 residential real estate transactions.  In addition, the team has collectively sold the highest number of homes in Springboro since 2006, per the Dayton Area Board of Realtors.

Tim and Beth Hall are the co-owners of RE/MAX Central Properties in Springboro.  Team Members include: agents - Tim and Beth Hall, Erica Donaldson, Rebecca Hartzell, Olivia Risner, Debbie Roberts, Marti Shoenfelt, Morgan Walz, Sandy Zimmer and Marketing Director, Heather Ivy.  Members of the team belong to both Dayton and Cincinnati Board of Realtors.

The Tim Hall Team has also been awarded the RE/MAX Hall of Fame and Lifetime Achievement Awards.

Mortgage rates have continued to drop making this the fourth week in a row that rates have reached modern-day record lows. My preferred loan officers are currently quoting 30-year fixed-rate mortgages in the 4.375%* range and are indicating that they could go even lower! The most recent downward trend is a result of the Federal Reserve’s announcement that they will begin buying long term Treasury securities in an attempt to keep the U.S. economic recovery on track and avoid deflation.

Now's the time to buy!  Don't wait!

*4.375% is $4.99 per thousand borrowed.

I have received several calls over the last couple of days by buyers and even some real estate agents who believe the home buyer tax credit has been extended.  While it is true that congress has extended the closing date to September 30^th, the extension only applies to those people who already had a ratified contract in place as of April 30, 2010.   The extension will likely benefit thousands of homebuyers who were unable to close by the June 30^th deadline.

The only exemption from the April 30, 2010 date are homebuyers who have served in the military, foreign service, and intelligence community outside of the USA for at least 90 days during the period of December 230, 2008 through May 1, 2010.  This select group of people may still be eligible to receive the $8,000 or $6,500 home buyer tax credit through April 30, 2011.

You can receive additional information regarding this at http://www.irs.gov/newsroom/article/0,,id=215791,00.html.

Call us today if you think you may qualify so we can help you find the home of your dreams.