Derek Tye

For those bargain hunters out there who are looking at homes priced at a significant discount, you have to check out a new website founded in May of 2008. It is http://www.CincyForeclosureTours.com

Instead of riding on a bus tour that you don't care about, here you can request a specific price range or area of town.

The site has general information about how to purchase a home, listings, lists of upcoming foreclosure tours in Hamilton County Ohio, Cincinnati Ohio, Loveland Ohio, Milford Ohio, Mason Ohio and others. See for yourself!

Thanks

Derek Tye http://www.CincyOhioHomes.com

Derek Tye has been an influential Realtor in the Greater Cincinnati Ohio Market for over 4 years. For more information about our Greater Cincinnati Ohio Real Estate services we offer please call us at 513-732-2720 or visit our website at www.CincyOhioHomes.com . Don't miss our Testimonials!

Whatever your politics, we all have to find a way to move past the last few months of fighting and take a hard look at the economy and the housing market. Here is an article that just came out today that is pretty politically neutral. Thank you, Derek

Obama Will Support Housing, Says NAR

President-elect Barack Obama is likely to make a housing market recovery a central part of his economic revival plan.That was the assessment of NAR leaders, speaking to a packed audience Thursday at the Peabody Hotel during the opening forum of the REALTORS Conference. Obama has long made housing a priority, said Illinois Association of REALTORS CEO Gary Clayton, who knows the president-elect from his days as a state senator. Clayton said with a chuckle that he now regrets not joining Obama s weekly poker game.

In Illinois, Obama advocated tax credits for property owners and fought to end predatory lending, Clayton said. As a U.S. senator, he s advocated for a stronger FHA and voted for the NAR-backed economic stimulus bill, which increased loan limits in high-cost areas.

NAR Chief lobbyist Jerry Giovaniello addressed election banter about Obama having a socialist agenda. There s not much left to socialize, he joked, referring to the government rescue of Fannie Mae, Freddie Mac, insurance giant AIG, and the entire U.S. banking system. I think Jiffy Lube may be next, he said, to uproarious laughter.

Clayton said the real Obama is a friendly, fun guy. He s smart, quick, and a good listener but no pushover. Giovaniello described Obama as careful and cautious, someone who will listen to all sides of an issue before making decision.

Besides winning the presidency, Democrats gained seats in both the House and the Senate. Giovaniello told the crowd that didn t necessarily mean legislators will have an anti-business bent. A substantial number are Blue Dog Democrats, he said, who tend to be conservative and business oriented.

And many already have sided with REALTORS on key real estate issues.

We made our friends before we needed them, he said, so thank you for being involved in the REALTOR party.

It s Still The Economy

Clearly the state of the economy was on everyone s minds, and NAR 2009 President Charles McMillan asked Chief Economist Lawrence Yun about his economic outlook.

We are in a recession, Yun said. In the next six months, we may lose up to 1 million jobs. But the good news is, historically housing moves independently from the economy. We are seeing a 20 percent improvement in home sales in states like California, Florida, and Virginia. The economy will not improve without a housing recovery.

In the meantime, NAR is doing all it can to help REALTORS through the tough times, McMillan said. Among the free resources at REALTOR.org are daily economic commentaries, an FHA toolkit, and 150 local market reports.

The association also offers a host of money-saving benefits. For more information, visit HYPERLINK "http://www.realtor.org/about_nar/nar_helps_you?wt.mc_id=rd0009"REALTOR.org/

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Lets all hope for the best. Our Real Estate Team has been very active with investors lately buying single family homes to rent and some buying large apartment buildings in Hamilton County Ohio and Clermont County Ohio. The news has not scared anyone off yet. Let me know if you or anyone you know would like help with anything real estate.

Thank you!

Derek Tye

President

The Tye Group Realtors

Keller Williams Advisors Realty

513-732-2720- Office

513-842-7818- Fax

513-478-3794- Cell

www.CincyOhioHomes.com

Derek Tye has been an influential Realtor in the Greater Cincinnati Ohio Market for over 4 years. For more information about our Greater Cincinnati Ohio Real Estate services we offer please call us at 513-732-2720 or visit our website at www.CincyOhioHomes.com . Don't miss our Testimonials!

Right now with buyers and sellers trying to figure out the market most sellers are unable or unwilling to lower the asking prices on homes. Buyers are out trying to find the best deals and can usually pick off the lowest priced listings within 30 days of initial listing time. The homes that are not being sold quickly and don't get price reductions are subject to a long number of days on the market. I have listings ranging in price from $104,900 to $1,750,000 and there are no contracts in on any of them right now. I will keep you posted with more information soon!

Derek Tye has been an influential Realtor in the Greater Cincinnati Ohio Market for over 4 years. For more information about our Greater Cincinnati Ohio Real Estate services we offer please call us at 513-732-2720 or visit our website at www.CincyOhioHomes.com . Don't miss our Testimonials!