| New Listings | 263 |
|
||||
| Back on Market | 17 |
|
||||
| Price Increases | 8 |
|
||||
| Price Reductions | 212 |
|
||||
| Pendings | 134 |
|
||||
| Solds | 46 |
|
||||
| Expireds | 29 |
|
||||
| Inactives | 42 |
|
||||
Cincinnati Homes for Sale (Daily Activity Report)
Cincinnati Homes for Sale (Daily Activity Report)
| New Listings | 239 |
|
||||
| Back on Market | 29 |
|
||||
| Price Increases | 6 |
|
||||
| Price Reductions | 231 |
|
||||
| Pendings | 153 |
|
||||
| Solds | 61 |
|
||||
| Expireds | 47 |
|
||||
| Inactives | 44 |
|
||||
Cincinnati Homes for Sale (Daily Activity Report)
For Thurday April 8th
| New Listings | 261 |
|
||||
| Back on Market | 20 |
|
||||
| Price Increases | 5 |
|
||||
| Price Reductions | 190 |
|
||||
| Pendings | 112 |
|
||||
| Solds | 59 |
|
||||
| Expireds | 41 |
|
||||
| Inactives | 37 |
|
||||
Weekly Mortgage Rate Update
Just a quick weekly update from your Mortgage Partners:
Rates
30 year fixed 5.125%
15 year fixed 4.50%
7/1 ARM 4.25%
5/1 ARM 3.75%
FHA 5.125%
Jumbo Fixed 5.85%
Jumbo 5/1 ARM 4.15%
Market News
Stocks are trading higher this morning based on last Friday’s positive Jobs Report, which was released when the market was closed for the Easter holiday. The boost in Stocks is applying selling pressure to Mortgage Bonds.
In today’s news, Pending Home Sales saw an 8.2% jump during February, which is a good sign for the housing market.
With Mortgage Bonds already under selling pressure and with another Treasury auction due this afternoon, I recommend locking loans at this time.
Cincinnati Homes for Sale (Daily Activity Report)
| New Listings | 230 |
|
||||
| Back on Market | 38 |
|
||||
| Price Increases | 11 |
|
||||
| Price Reductions | 225 |
|
||||
| Pendings | 149 |
|
||||
| Solds | 71 |
|
||||
| Expireds | 55 |
|
||||
| Inactives | 34 |
|
||||
Pendings Avg LP: $159,550
Solds Avg SP: $135,870
New Listing Avg LP: $178,887
Short Sale Authorization
On Short sales, the seller signs an authorization form to allow the Realtor or negotiator to communicate with the Bank(s) and lien holders.Whenever you prepare the authorization form, please try to think of everyone who may be dealing with these companies and include them on the form. It is a good idea to include relatives, the Title Agency, Attorney and POA of anyone who is assisting the seller.If nothing else, you should always try to include the Title Agency because we create the HUDs and when a HUD is rejected, we should be able to communicate with the short sale lender to figure out exactly what changes are requested
