ATLANTA, Ga. – April 17, 2012 – RE/MAX has recognized The Tim Hall Team with RE/MAX Central Properties in Springboro, as the #1 Team in the Southern Ohio region. Teams and individuals were recently recognized at an awards ceremony at Great American Ballpark in Cincinnati. The Tim Hall Team placed first in the top team category, with an impressive total of $37 million in sales for 2011.  Led by Tim Hall, the Tim Hall Team includes Beth Hall, Erica Donaldson, Marti Shoenfelt, Heather Ivy, Barbara Bromberg, Sandy Zimmer, Rebecca Hartzell, Morgan Walz, Renee Tinsley, Teresa Hall and Mary Sloat.  RE/MAX Central Properties is located at 536 W. Central Avenue in Springboro, Ohio and serves the Greater Dayton and Greater Cincinnati areas.

“The Tim Hall Team’s performance is a result of the best in customer service combined with exceptional expertise in the local real estate market,” said Matt Gerding, RE/MAX Regional Vice President for Kentucky/Tennessee and Southern Ohio. “Tim and his team of Realtors have clearly proven their value to home buyers and home sellers throughout the Dayton and Cincinnati area.”

RE/MAX is one of the leading real estate franchise companies with the most productive sales force in the industry and a global reach of more than 80 countries. With one of the most recognized brands in the world and one of the most trafficked web sites, www.remax.com, RE/MAX leads the industry with experienced, professional agents – agents who are trained and educated through the award-winning RE/MAX University.

Thank you for your support, business and referrals!  The Tim Hall Team once again received the honor of being named the Top Team for the RE/MAX of Southern Ohio Region.

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!

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.

(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!

Now's the time to buy!  Don't wait!

*4.375% is $4.99 per thousand borrowed.

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.

The fastest growing alternative to foreclosure is a short sale.  Many people are still confused at what a short sale is.  Feel free to watch the video below to help understand how a short sale might help you or someone you know.

If you know somebody who might benefit from talking to me, please feel to call or give out my information. I want to help as many members of our community as I can to find real solutions to their challenging situations.

Thank you for viewing this video.  If you know someone facing foreclosure, there are better options and very strong reasons to pursue them.  Read my free report that explains the benefits of avoiding foreclosure, including a saved credit score and possibly $3,000 from the government to help get your life back on track.  You can get the report at  www.ohioshortsalehelp.com.  As a CDPE designated agent, I'm extensively trained to help you assess your best options.  Please don't hesitate to contact me at 937.743.6274.

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates have gone up in the last six months, they are still near historic lows. Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, if home prices come down a little further but interest rates go up, it could cost you even more to service a mortgage on an identical home!

While a home is a major investment, it is also the center of your personal life. It's important to live in a home that reflects your taste and values, yet is within your financial "comfort zone." To that end, it may be more important to lock in today's relatively low interest rates and low home prices, rather than to hope for a further break in prices in the future.

Please give me a call if I can be of any assistance in determining how much home you can afford in today's market.