Back in 2005, Federal Reserve Chairman Alan Greenspan described the dramatic increases in residential real estate values as a “froth in housing markets.” Greenspan went on to say: “The increase in the prevalence of interest-only loans and the introduction of more-exotic forms of adjustable-rate mortgages are developments of particular concern…some households may be employing these […]Read More
Whether you are a rookie homebuyer or have gone through the process many times, having a local real estate expert who is well versed in the neighborhood you are looking to move to, as well as the trends of that area, should be your goal while home shopping. One great example of an agent who […]Read More
The National Association of Realtors (NAR) released the results of their latest Existing Home Sales Report which revealed that home sales declined 0.6% to a seasonally adjusted annual rate of 5.38 million in June from 5.41 million in May, and are 2.2% below a year ago. Some may look at these numbers and think that now is a bad […]Read More
- Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 5 years!
- The generations agree! Real estate is the best investment!
- Generation X leads the way with 37% believing in real estate as the top investment.
With home prices continuing to appreciate above historic levels, some are concerned that we may be heading for another housing ‘boom & bust.’ It is important to remember, however, that today’s market is quite different than the bubble market of twelve years ago. Here are four key metrics that will explain why: Home Prices Mortgage […]Read More
A group called the Northern Kentucky Streetcar Committee is exploring ways to get a study funded to extend the route across the Taylor Southgate Bridge and into Newport, a leading member of the organization said Thursday.
The group eventually hopes an extension of the Cincinnati streetcar will wind its way through Newport and Covington, said Ian Budd, a community activist and CEO of ICB, an audiovisual equipment sales business.
The group has been exploring an extension for about 18 months and plans…
Cincinnati’s new professional soccer team, FC Cincinnati, has added to its roster by signing six more players, including a former Major League Soccer All-Star.
Former University of Cincinnati and Cincinnati State star Omar Cummings, who made the MLS All-Star team in 2011 with the Colorado Rapids, heads up the latest batch of FC Cincinnati signings. Cummings, a native of Jamaica, scored 14 goals in 2010 with the Colorado Rapids. He scored 42 goals and had 30 assists in 185 regular-season MLS games.…
A retail executive whose resume includes positions at Amazon, Microsoft and the Home Depot says Macy’s Inc. (NYSE: M) will likely have to close even more stores and is in for pain in the future.
Anthony Rodio got his start as a brand manager at Procter & Gamble in Cincinnati but was drawn to the tech industry, and specifically its role in retail. He spent time as a general manager with Amazon, senior director with Microsoft and CEO of Redbeacon, a home service startup that was acquired by the Home…
The Business Courier will honor Dr. Robert Smith with the 2016 Health Care Heroes Lifetime Achievement Award.
Smith, 94, joined the University of Cincinnati College of Medicine in 1975 as the first director of the Department of Family Medicine. He directed the department until 1991, and the following year he was named emeritus professor of the Department of Family & Community Medicine.
He founded the department with two faculty members and built it to 34. Smith also created several fellowship training…