Blog

June 2021 – Shows Closings on an Upward Trend

Posted on: July 8th, 2021 by Christy Beaver No Comments

“To no surprise of any REALTOR® working in today’s market, the median sold price continues to rise.” says Stephanie Sudbrack-Busam, President of the Cincinnati Area Board of REALTORS®. Low interest rates and inventory shortages continue to help sellers reap the benefits of this strong market. The median sold price difference between June 2020 and June 2021 is up… Read More »

It’s NOT OK to Contact the Seller

Posted on: June 28th, 2021 by Christy Beaver No Comments

With all the options for promoting listings on the internet, sometimes it’s not obvious that a property is listed, or who it is listed with.  That’s no excuse for contacting a seller directly. REALTORS® have a responsibility to make a reasonable attempt to determine whether a property is subject to an exclusive listing agreement prior… Read More »

May 2021 Median Sold Price Increase Puts Pressure on Housing Affordability

Posted on: June 11th, 2021 by Christy Beaver No Comments

Interest rates continue to remain around 3%, according to the National Association of REALTORS® (NAR). Condo prices lead the way with prices up 18% from the same time last year, with single-family homes prices following closely behind at 17%. “The consistent trend of aggressive pricing and the shrinking supply of homes hitting the market continues to create a… Read More »

Where Can I Find This?

Posted on: June 2nd, 2021 by Christy Beaver No Comments

Where Can I Find This? Sometimes members play a guessing game when seeking information they need from the Cincinnati Area Board of REALTORS® (CABR) or Multiple Listing Service (MLS).  And, staff sometimes has some digging to do to help the member.  There is a myriad of forms and information available on the CABR and MLS… Read More »

CABR & CincyMLS Will Reopen June 14th

Posted on: May 26th, 2021 by Christy Beaver No Comments

Starting June 14th, 2021 Cincinnati Area Board of REALTORS® and the Multiple Listing Service of Greater Cincinnati will reopen building access to members. Below are the policies we have put into place to ensure a smooth reopening: Hybrid meeting options are available for members who do not want to attend onsite meetings.  All members and… Read More »

April 2021 – Brings Record High Median Prices

Posted on: May 13th, 2021 by Christy Beaver No Comments

Nationwide, home sales prices are soaring, and the Cincinnati area market is keeping up with the trend. For two straight years, the monthly median sold price is up compared to the year prior. April saw a 23.7% increase, setting another record high. According to the National Association of REALTORS® (NAR), the 30-year fixed-rate mortgage dropped… Read More »

Who Are You?? Part 2

Posted on: May 3rd, 2021 by Christy Beaver 1 Comment

Misuse of the term “REALTOR®” is often brought to the attention of the Cincinnati Area Board of REALTORS®.  “REALTOR®” is a trademarked term that is owned by the National Association of REALTORS® and its use is regulated. The following is a BRIEF example of acceptable uses of the term.  The full NAR Membership Marks Manual… Read More »

Who Are You?? Part 1

Posted on: April 20th, 2021 by Christy Beaver 1 Comment

Oftentimes on social media, as well as, other written communications, REALTORS® fail to identify themselves correctly.  Article 12 of the Code of Ethics addresses proper identification in real estate communications.  And, the REALTOR® trademark must be used in accordance with the established rules for its use. Article 12 REALTORS® shall be honest and truthful in… Read More »

March 2021 – Shows Continued Growth

Posted on: April 15th, 2021 by Christy Beaver No Comments

March 2021 Shows Continued Growth into the Spring Market. Median Price Up Over Prior Year for 23rd Straight Month While March brought increased temperatures, home prices continued a record setting pace that marks two years of price increases!  The median price for home sales was up over 12.3% from March 2020, making it the 23rd… Read More »

Change is Coming – NEW Purchase Contract

Posted on: April 2nd, 2021 by Christy Beaver No Comments

Change is Coming – NEW Purchase Contract The Cincinnati Area Board of REALTORS® and the Dayton REALTORS® Joint Contract Committee has been working on revisions to the Contract to Purchase.  The Committee has been working on a complete review of the Contract and the new Contract to Purchase is targeted to be available within the… Read More »