George McGowan's (gmcgowan) Blog

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Real Estate Agent - Sibcy Cline Realtors
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Buyers are Waiting?The May of 2006 existing home sales numbers are out and it looks like buyers have not returned as of yet.   The existing home sales slipped 10% from May of 2006 according to NAR(National Association of Realtors).  It shows that buyers are still waiting to buy.The economic facto...
06/25/2007
Buying vs Renting?      Over the last ten years the cost of rental housing in the US has increased an average of 3% per year.  The apartment or home that you rent for $750 a month will cost you more than $978.00 a month 10 years from now.       The Federal Reserve Board estimates that homeowners ...
06/21/2007
Hold off on major purchases until after you close on your homeLet's look at this scenario.A young couple finds the house of their dreams. The perfect three-bedroom, two-bath ranch, with hardwood floors, a shiny updated kitchen and room for a workbench in the garage.The couple makes an offer, the ...
06/18/2007
April Pending Sales Index:The April Pending Sales index has been released.  The Pending Sales index stood at 101.4, down 3.2 percent from a year ago.  This may seem to indicate a slowing market but in actual may show the market starting to level out.  The March Pending Sales index was down 10 per...
06/14/2007
The Summer Market is Here!If you haven't noticed the summer market is upon us.  As temperatures rise and kids are out of school, so goes the housing market.  It is a very exciting time of year to be in Real Estate.  Buyers that have been looking at properties on-line are now out schedule showings...
06/12/2007
The Frustration of a short sale or bank owned property!  I have made several offers and closed one property that was a short sale but by no means do I feel like an expert on short sales or bank owned properties.   Since the recent increase in these situations, I thought it would be a worthy topic...
06/06/2007
Managing the Emotional Side of the Real Estate TransactionHave you ever heard the Residential Real Estate is emotional?  It is very true.  In many situations this will be the biggest purchase an individual will make or in case of a seller they have much of their savings in the equity of their cur...
06/04/2007
Signs to be Optimistic in the Ohio Housing MarketAfter a rough month in March, the housing market in Ohio shows signs of improving in April 2007.  Although home sales in April of 2007 didn't reach the marks set a year ago, they did pass the March 2007 level according to the statistics provided by...
05/31/2007
Why Sell your home with a Realtor?This is a question that sellers ask all the time.  There are several reasons why home owners decide to sell on their own.  Instead of looking at these reasons, I want to look at the reason a seller should use a Realtor.In 2006 NAR took a survey to cover the Profi...
05/28/2007
    Getting your house ready for the Market     Have you been waiting for the right time to put your home on the market? Or are you considering doing some remodeling projects around the house first?     Before starting any costly renovations, consider this: According to a published report in Real...
05/23/2007
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George McGowan

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