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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 No Comments

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 »

Don’t Panic Over PRO Act

Posted on: March 24th, 2021 by Christy Beaver No Comments

Capitol Building and surrounding grounds. Photo Credit: William Phillips/Bloomberg Written by: REALTOR® Magazine Staff Congress is considering a piece of legislation that would re-write American labor law, affecting independent contractors. The bill, known as the Protecting the Right to Organize (PRO) Act, passed the House of Representatives last year and again on March 9 of… Read More »

Dot the I’s, cross the T’s; read and follow through!

Posted on: March 22nd, 2021 by Christy Beaver No Comments

Contracts and forms that are provided for use in real estate transactions must be completed with care.  It is important that all parties who will be signing the forms read them, ask questions (to either their agent or legal counsel) pertaining to anything that isn’t completely understood and review the documents prior to signing and… Read More »

February 2021 – Home Prices Continue Increasing Despite Harsh Winter Weather and Fewer Showings

Posted on: March 9th, 2021 by Christy Beaver 1 Comment

Home prices continue increasing despite harsh winter weather and fewer showings in February 2021 Median Price Up Over Prior Year for 22nd Straight Month While February was one of the snowiest months on record, with below average temperatures for much of the month, home prices continued a record setting pace that marks almost two years… Read More »

Can a REALTOR® Get Into Trouble for Not Following Covid-19 Guidelines?

Posted on: March 5th, 2021 by Christy Beaver No Comments

Can a REALTOR® Get Into Trouble for Not Following Covid-19 Guidelines? The answer is ….. maybe. While REALTORS® must adhere to executive, or shelter-in-place orders, violations of such orders do not automatically constitute a violation of the Code of Ethics. To determine whether a violation of an executive or shelter-in-place order also violates the Code… Read More »

January 2021 – Record Breaking Home Sales Pace Continues

Posted on: February 15th, 2021 by Andrew Clark No Comments

Record Breaking Home Sales pace continues during January 2021 Median Price Up Over Prior Year for 21st Straight Month The new year marked a continuation of the record setting pace of home sales in 2020. The median price for home sales was up more than 15% from January 2020, marking the 21st consecutive month of median… Read More »