February 6, 2012

Dayton Ohio Homes SOLD September 2010

Here are you overall stats for all the homes that were SOLD in The Greater Dayton Ohio Area for September 2010. Below you will see 3 different graphs of the differences per county. The Graph #1 will show all the Single Family homes that SOLD for a total in all 4 Counties. Graph #2 Will show all of the homes that were Bank Owned and SOLD in the month of September 2010 in all 4 Counties Graph #3 will show all the Homes that SOLD in the month of September 2010 in all 4 Counties that were a Short Sale. It’s always neat to be able to see these stats in a graph to compare on the amount of homes that were sold in each county in the Greater Dayton Ohio Area.

Graph #1

Graph #2

Graph #3

HomeBackers is looking forward to bringing you more stats and info about what’s going on in the Greater Dayton Area in the Real Estate Market and if you need any assisting buying or selling a house you can contact HomeBackers at 937-754-1111

Finding the Right Real Estate Agent

Finding and choosing a superstar Real Estate Agent will play a huge role when you buy a house and make the transaction enjoying and painless. The question is how do you find a good Real Estate Agent? Below are some Good ways to find the right professional for you

1. Referral-

Most Realtors stay in the business because past clients will refer them to new Friends, Family Members, Neighbors and Really just anyone that they know.  When you ask around when looking for a Real Estate agent make sure you ask people how their experiences were with that particular Realtor.  A good agent will make priority and put their customers’ needs and wants first giving outstanding customer service. Your friends and family will sing the loudest when they have used a Good Realtor in the past.

2. Search Online for Agents-

Searching online is the most popular way people are finding a house now days.  While searching for homes online you want to notice the agents names and companies that you keep seeing over and over. Chances are they are a rockstar in the marketplace because they are doing a lot of business and they know how to market. Call them up and ask them some questions like “How long have you been in the business” “Do you have expertise in a certain area your looking to buy a house in” “Do you have testimonials from past clients that you have worked with” That will give you a good feel if they are a tire kicker Realtor or a Rockstar

3. Attend Open Houses-

By going to open houses you do 2 things.  You will get a great feel for what homes are for sale in the area you are looking for.  You will also get a good feel for if you like the realtor that is holding the open house or not.  It is a very inviting atmosphere that will allow you to interview an agent without them even knowing you are doing so.  Ask them some of the same questions I gave you in #2 but then also look at the way they present themselves.  Are they professional? Do they look like a slob? Are they taking care of the homeowners home buy making you take your shoes off etc.  Those are all good ways and things you should be looking for when you go to open houses possible looking to hire a Real Estate Agent. 

4.  Pay attention to Signs-

This will go hand in hand with #2 searching for Agents online.  Pay attention while you are on your way to work or to the grocery store at Real Estate signs.  Notice the names that you keep seeing or the company name that you see a lot.  Chances are that they know the market well and would also be a great hire for an agent.  Make a note at not just the For Sale signs but a lot of times when an agent will sell a house they will put a SOLD sign out front.  That means that they are doing transactions and might be a good hire as well.

5. Using Print Advertising-

Good Real Estate agents market and it’s that simple. Pay attention to all you local ads in your newspapers or online and Even Facebook. More on that in a minute.  I wouldn’t really waste your time on looking through the newspaper every single day looking for an agent; I would only look on Sundays.  Sundays are when they will do all their advertising in the Real Estate section of the newspaper. Again see whose names come up often and then contact them and interview them.

Online is taking the places of the newspapers and a really good way to find an agent online is Facebook.  I know kind of weird but it’s true.  Good agents will advertise on facebook to get business.  While on Facebook just browse the ads you see over at the right hand side and look and see if you notice any Realtors on their looking for business. Chances are they would also be a good agent.

6. Recommendations from Professionals

The first thing you should do before you even go look at a house is to contact a mortgage broker to see if you qualify for a loan. When doing that you should ask them who they would recommend as a good Realtor that knows the market and will take good care of you.  Most of the time Mortgage Brokers know a lot of Realtors and can be a great source for finding a great agent

Remember though when hiring an agent that you need to feel comfortable with them and they need to know the market so you can get the best deal.  HomeBackers is an excellent Real Estate Company who does all of the above.  There are led by Broker Bonnie Cochran who is a great asset to have on your team whether your looking to buy or sell a house.  She understands the market and knows how to market homes.  Chances are if your reading this that you will know that HomeBackers will out market just about anybody when it comes to Real Estate. If you wanting maximum exposure to your house or need an excellent agent to assist you on buying a house call HomeBackers at 937-754-1111.

Ohio foreclosures dip in January despite warning

Source: Columbia Business First

RealtyTrac Inc. on Thursday cautioned that communities should brace for a surge in foreclosures in the coming few months following a drop in mortgage failures nationally in January, including in Ohio.

The Irvine, Calif.-based company, which compiles and sells foreclosure data, said it tracked 11,105 default, auction and bank repossession notices on properties in Ohio last month. That represented one filing for every 457 households, below the national ratio of one foreclosure for every 409 households.

Ohio foreclosure activity fell 5 percent from December but dipped less than 1 percentage point from a year earlier. National foreclosure activity, meanwhile, tumbled 10 percent from December but surged 15 percent from January 2009, RealtyTrac said.

Ohio wasn’t among the 10 states with the highest foreclosure rates in January, ranking 14th, but the volume of foreclosure filings was the ninth-highest in the nation. California, Florida and Arizona, where housing development exploded in the late 1990s and earlier this decade, continued to account for more than 40 percent of foreclosures among the states.

RealtyTrac CEO James Saccacio said last month’s activity – a drop in filings following a December surge – mimicked the direction of foreclosures a year ago.

“If history repeats itself, we will see a surge in the numbers over the next few months as lenders foreclose on delinquent loans where neither the existing loan modification programs or the new short sale and deed-in-lieu of foreclosure alternatives works,” Saccacio said in a release.