Get Top Dollar from Buyers Thinking of selling your home this year? Want to make improvements before you list? Taking on projects is often worth the investment and time. There are many ways for homeowners to approach remodeling projects and even more ways to analyze…
Considering America’s economic crisis combined with high home equity, refinance applications increased 26% this week compared to last week and refi’s are up 160% from last year, from the Mortgage Bankers Association (MBA). The MBA also estimates roughly $1.2 trillion in mortgages will be…
During this current environment, many of our clients are still out looking at homes, completing contracts, and listing their properties for sale. Kerber Real Estate will continue to provide the same level of support to you, but will have to slightly modify activities as we…
3.29% Record Low Rate The normal rate on a 30 year fixed home loan has hit a record low of 3.29%, driven somewhere around financial specialists moving cash into the wellbeing of U.S. Treasury as the coronavirus flare-up has developed. The 3.29% rate is the…
Five Month Supply of Inventory Months of supply gauges how many months it would be for the active inventory of homes to sell, taking into account the current sales pace of home sales. For example, if there are 500 homes on the market and 100 homes selling…
30 Year Mortgage Rate Drop Mortgage rates dropped last month to their lowest point in three months, creating enticement for possible home buyers. In turn the price of homes continues to rise as shortage of home inventory continues to dwindle. Freddie Mac said that the average…
[slide]Year End Housing Numbers – The increased demand drove median sales prices up by almost 6% Home sales are down 3% mainly due to lack of inventory. What does your neighborhood market look like? Could you get top dollar for your home in this market?…
National Radon Awareness Month The Ohio Department of Health is encouraging Ohioans to test their homes for the radon gas and take- action to reduce risks if elevated levels are found. Radon is colorless and odorless and is naturally produced from uranium in rocks and…
Due to the increase in residential real estate prices in 2019, the Federal Housing Administration (FHA) loan limit will increase to $331,760 in Lucas and Wood Counties. This is up $17,000 over the year 2019 loan limit of $314,827. Click here to see a list of the all…
Focus on your local market by staying up to date with the latest Northwest Ohio housing data! **Video and statistics brought to you by TRAR (Toledo Regional Association of REALTORS)