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Knox County Ohio Real Estate Information Archive

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Displaying blog entries 61-70 of 108

First Time Homebuyer Tax Credit Extended

by Sam Miller

 

You may have heard the exciting news that the First Time Homebuyer $8,000 Tax Credit has been extended.  This will prove to be great news for thousands of Knox County, Ohio homebuyers and many existing homeowners who qualify for this financial incentive.  I asked national real estate expert David Knox to help me explain the benefits of this extended and revised tax credit.  In order for you to take advantage of this incentive you will need to buy and close your transaction before the tax credit deadline.

 

Knox County, Ohio has great properties for sale.  We can show you any property listed in the Knox County MLS.  The Sam Miller Team is proud to feature the following listings.  Contact us today for your private tour:

$100,00 and less
$100,000 - $150,000
$150,000 - $200,000

$200,000 - $300,000
$300,000 and up

Not only do we specialize in single family homes, but we also specialize in condominiums.  Click here for our complete list of Mount Vernon, Ohio condominiums.

Are you looking for a place to call home in Knox County, Ohio where you can spread out?  Click here to see our amazing properties with acreage.

Apple Valley Lake is a beautiful resort community located in Howard, Ohio.  One of it's incredible assets is the pristine lake that is perfect for all sorts of water sports throughout the year!!  Click Here for our complete list of our properties for sale in this fantastic community!

Interested in a bank owned property?  Search our list of bank owned homes in Knox County, Ohio.

For real estate listings sent directly to your inbox as soon as they hit the market, click here

Please feel free to bookmark this page and use the "Share This" feature so that you can forward this to your friends, family and business colleagues.

Congress is ready to extend and expand the Homebuyer Tax Credit!!

by Sam Miller

Great news for those of you still wanting to buy a home and thinking you've missed the $8,000 Tax Credit!!  The Senate voted Wednesday November, 4, 2009 to extend and expand the tax credit to include many buyers who already own homes. 

Buyers who have owned their current homes at least five years would be eligible for tax credits up to $6,500 and the bill extends the $8,000 tax credit to those first time home buyers who haven't owned a home in the last three years.  To qualify, buyers in both groups have to have a signed purchase agreement by April 30, 2010, and close by June 30, 2010.

An article I read entitled, "Congress set to expand home buyer tax credit," by Stephen Ohlemacher, a writer from the Associated Press, quotes Senator Johnny Isakson, a Republican from Georgia who is a former real estate executive who championed the credits, "This is probably the last extension."  "We are still in a world of economic hurt, and Congress must continue to act boldly and creatively," said Senator Max Baucus, a Democrat from Montana, chairman of the Senate Finance Committee.  "With the right mix of tax breaks and investments we will get through this recession and get folks working again."  

According to this article, extending and expanding the tax credit for home buyers is estimated to cost the government about "$10.8 billion in lost taxes." 

The credit is available for the purchase of principal homes costing $800,000 or less, meaning vacation homes are ineligible.  The credit would also be phased out for those folks with annual incomes above $125,000 and for joint filers with incomes above $225,000.

For members of the military serving outside the United States for at least 90 days and more, the credit will extend until June 30, 2011.

This bill is H.R. 3548.

The house is scheduled to vote on this bill today, Thursday, November 5, 2009.  Stay Tuned.....

Knox County, Ohio MLS October 2009 Real Estate Statistics

by Sam Miller

KNOX COUNTY, OHIO OCTOBER 2009 NUMBERS

The numbers are in for Knox County, Ohio MLS sales for October 1, 2009 through October 31, 2009:

The Knox County, Ohio MLS is reporting 40 Home sales in October 2009. The average sales price for a home SOLD in October was $106,288. The lowest priced home sold in October SOLD for $24,000, which was a bank repossession. The highest priced home sold in October, SOLD for $195,000.  This was a country home with over 5 acres of land.

October 2009 home sales were up more than 25% as compared to October 2008 (a good sign).  According to the Knox County, Ohio MLS, RE/MAX Stars Realty represented more than 52% of all the listed homes that SOLD in October 2009. RE/MAX Stars Realty also represented more than 50% of all the buyers who purchased homes in October 2009.
 
The Sam Miller Team participated in the sale and closing of 19 real estate transaction sides in October 2009 which accounts for a very large percentage of the sales that closed within the Knox County, Ohio MLS in October.

The Knox County, Ohio real estate market is still very active and homes that are properly positioned are selling well. 
  

Disclaimer:  All sales data per Knox County, Ohio MLS sales statistics as reported on November 2nd, 2009*

Featured Listing:

13 Wildwood Lane - $210,000

Interested in recieving listings directly to your inbox?  Sign up and start your auto email home search now!!!

Mount Vernon Ohio Twin Oak Elementary School

by Sam Miller

Twin Oak is the newest elementary school in Mount Vernon, Ohio

Mount Vernon Ohio Twin Oak School Photo by Sam Miller

Twin Oak Elementary School is located at 8888 Martinsburg Road and is only about a mile from the Mount Vernon Middle School and the Mount Vernon High School.  Located on what once was the home of a fruit farm owned by the W.C. Rockwell family, the grounds of this school are simply stunning!!  Twin Oak has some of the latest and greatest technology found in Mount Vernon.  It features an impressive computer lab and utilizes several large interactive smart boards.  If you haven't personally had a smart board experience, you and your children are in for an educational treat.

Mount Vernon Ohio Twin Oak School Lunch Room Photo by Sam Miller

See available homes for sale in the Mount Vernon Twin Oak School District by Sam Miller

Knox County, Ohio August 2009 Real Estate Numbers

by Sam Miller

The following information is the August 2009 Knox County real estate information.  This information was taken from the Knox County, Ohio MLS and includes all of Knox County including, Mt. Vernon, Apple Valley, Fredericktown and Centerburg.

August 2009 Knox County Home Sales Information

Number of residential homes sold                            38
Average Sales Price of those homes sold                   $112, 060.00
Total Amount Sold                                                  $4,258,000.00

August Knox County Listing Information
Total New residential listings for August                   83
Average New List Price                                            $157,000

Total Number of Homes Currently in the MLS            424
Average List Price                                                   $162,000

 

The market is showing significant signs of increased activity.  We've had a lot more showing traffic on our homes listed for sale as well as increased offers in negotiations and number of sold properties.  It feels like the market is beginning to pick up.  This may partially be due to the $8000 home buyer tax credit.  Houses must be closed by November 30, 2009 in order to qualify for this tax credit.  I think the end of the year looks to be real active and now is an excellent time to buy a new home or upgrade to a larger one.  It's a wonderful time to take advantage of the super homes listed right now as well as the incredible low rates. 

Homes for sale $100,000 or less

Homes for sale $100,000 - $150,000

Homes for sale $150,000 - $200,000

Homes for sale $200,000 - $300,000

Homes for sale $300,000 and up

In the market for a new home or ready to sell one?  Contact The Sam Miller Team for all your real estate needs. 

 

Howard Brinton, CEO Star Power SystemsRecently I attended the 20th Anniversary Star Power Annual Conference in Denver, Colorado.    I enjoyed three full days of career- changing sessions with the best realtors in the country.  Some speakers included Howard Brinton, Founder and CEO of Star Power Systems, Dave Liniger, Co-Founder and Chairman of the Board, RE/MAX International, Jim Gillespie, President and CEO Coldwell Banker Real Estate, Alex Charfen, Founder and CEO, Certified Distressed Property Institue, Allan Domb, and more than 125 top active industry producers and experts in the business.

Allan Domb

 

Together with Rob Levy and James Nellis, we taught a real estate technology class that had overwhelming response.

Star Power is an organization that is comprised of nearly 300 top working real estate agents from across the country, each of whom averages over 200 transactions per year.  These agents or "stars" extend their knowledge and strategies of their success out to other agents, from which they can then choose which strategies best suit their market and personality.  This is a phenomenal group loaded down with tons of knowledge.  The best in the business!!

Not only did I come away with career changing material, but I was able to network with thousands of other agents across the country.  Some of which specialize in bank owned real estate and corporate relocation.  I believe these wonderful connections and relationships will be extremely beneficial to my Knox County, Ohio clients.

Liniger in Chicago: 'Demand Will Come' 
 


REALISTIC OPTIMISM: Dave Liniger says a positive turnaround is coming, but it won't happen quickly or without focus and training.


CHAMPION: Former NFL star Joe Theismann delivered a rousing address on overcoming adversity.

By George White, RE/MAX Times Managing Editor 

CHICAGO - Demand built on demographics and population - rather than questionable lending policies - will spark the next wave of strong home sales in the U.S., Dave Liniger told nearly 700 Affiliates at the 2009 RE/MAX Summer Conference for Broker/Owners and Managers on Monday.

The confluence of two massive population groups - 80 million Baby Boomers born from 1946-1964 and 74 million Millennials born from 1980-1995 - will fuel a huge increase in transactions from 2012 onward, the RE/MAX International Chairman and Co-Founder said at the conference's Opening General Session. Immigration and minority household trends will add to the upturn, he noted.

As the Millennials, who are 15-29 now, reach their prime homebuying years - the average first-time buyer is 33, though that number appears to be trending downward - the Baby Boomers will be selling and downsizing. The rise in demand will drive the market upward, Liniger said.

"Very good years are coming," he said, adding that RE/MAX International - through technology, training, social media and other initiatives - will help Broker/Owners and Associates connect with these consumers.

Being successful today
For the time being, though, local markets will stay as they are, Liniger said. In fact, unemployment and a second wave of foreclosures in 2010 and 2011 are likely to make things worse before they get better. He urged Broker/Owners to help their Sales Associates close transactions through distressed properties, REOs, first-time homebuyers and investors. His constant theme: Affiliates cannot sit back and wait for a quick turnaround - because it's not coming.

"I'm not negative; I'm realistic," he said. "If you're not realistic, you can't make the adjustments you need to make in order to survive and prosper."

Liniger said RE/MAX leaders have met many times with key lenders and government officials to push for foreclosure solutions and a standardized and streamlined short-sale process.

He also called the Certified Distressed Property Expert (CDPE) course the best training he's ever encountered. More than 6,000 RE/MAX Associates have earned the designation, he said, and others should consider it.

"Short sales are the key for the next 18-24 months. Our people must be trained to handle them," he said, noting that true recovery simply isn't possible until the foreclosure problem is solved.

The smartest place to be
RE/MAX continues to be the best network for top agents, Liniger said. Its unmatched technology, brand name awareness, training, market share and advertising provide significant competitive advantages for Broker/Owners and Sales Associates.

Liniger also thanked Affiliates for their enduring support of Susan G. Komen for the Cure and children's hospitals, noting that RE/MAX will soon reach the $100 million mark in Children's Miracle Network contributions.

Rousing life lessons
Following Liniger's address, former Notre Dame and NFL star Joe Theismann explained how he has approached life since his football career ended suddenly - his leg was broken on national TV - in 1985. He drew parallels between his adversity and the real estate industry's current struggles.

"We all face obstacles and hurdles; the test is what you do about them," Theismann said. "Real champions don't stay down. They figure out what to do, and then they do it. Why is RE/MAX where it is? Because they reject the idea of failing."

July 2009 Home Sales Activity Report

by Sam Miller

July 2009 Knox County Homes Sales numbers are in!!!  According to the Knox County, Ohio MLS, 35 homes were sold in the month of July!!  Re/Max Stars Realty had a 34% company marketshare of these sold homes!! 

Home sales totaled $3,853,645 and the average sales price for a Knox County, Ohio home was $110,104.

In the month of July 2009, 72 homes were listed in Knox County, Ohio and the average list price of these homes was $146,603.

Currently, there are 406 homes for sale in Knox County, Ohio and the Knox County MLS is reporting that there are just over 66 million dollars in total homes available for sale in this area.

The average list price for a home for sale in Knox County, Ohio is $163,156. 

*all home sales data was reported from the Knox County Ohio MLS System.

 

Homes for sale $100,000 or less

Homes for sale $100,000 - $150,000

Homes for sale $150,000 - $200,000

Homes for sale $200,000 - $300,000

Homes for sale $300,000 and up

In the market for a new home or ready to sell one?  Contact The Sam Miller Team for all your real estate needs. 

Mount Vernon Ohio Log Cabin

by Sam Miller

Knox County Ohio log home located on the south side of Mount Vernon and within a 45 minute to Columbus.  It's a Cypress log home with a wonderful rustic feeling yet it features a very light airy feeling.  Situated on over 5 acres of land with a fish stocked pond, woods and established walking trails.  This home is positioned back off the road in a very nice private place on the acreage.  For more details on this home please visit 10181 Pleasant Valley Road in Mount Vernon, Ohio and be sure to view the 3 minute video below for a true feeling of this home and its gorgeous setting.  We priced this home for a quick and smooth sale.  $275,000.

Mount Vernon Ohio Log Cabin Photos

First Time Home Buyer Tax Credit

by Sam Miller

There is a lot of positive buzz spreading around the 2009 First Time Home Buyer Tax Credit.  I am offering this consumer video as a way to help our customers and clients understand the details of the $8,000 tax credit in simple and straight forward terms.  It is very important that consumers are made aware that they do NOT need to be a first time buyer to qualify (can't have owned a principal residence in past 3 years) and that you do NOT have to wait until next year to get your tax credit check from the IRS.  It is possible that you can buy and close a home today, amend your 2008 income tax return and get a check in the mail in as little as 6 to 8 weeks...a check that could be as high as $8,000.  

If you are interested in learning about how you can take advantage of this special opportunity please watch this short video for details.  I am confident that this video will directly benefit you or someone you know.  

Feel free to forward this page to your friends, family and your fellow co-workers.  

If you would like to view an extensive list of Knox County Ohio homes that are organized in price order click here

Knox County Ohio homes that are priced at $100,000 and less 

Knox County Ohio homes priced from $100,000 to $150,000

Knox County Ohio homes priced from $150,000 to $200,000

Knox County Ohio homes priced from $200,000 to $300,000

Knox County Ohio homes priced from $300,000 and higher

Apple Valley Ohio Homes organized in price order click here


 

Displaying blog entries 61-70 of 108

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