Activity in Louisville, Ohio
Dated 07/18/09--01/18/10
There are 38 active listings in Louisville, price range as low as $46,700 - $119,900
Great opportunity for 1st time buyers...offer expires April 30th....time is running out!
Call Peggy Today!
330 704-9979
Active: 82
Pending: 14
Sold: 98
Other: 48
Total: 242
Bedrooms
Bathrooms
Square Feet
List Price
Selling Price
DOM/CDOM
Minimum
0
1.00
606
$0
$24,900
4/4
Average
3
2.23
1,682
$136,878
$115,325
101/130
Median
3
2.00
1,539
$129,888
$107,950
73/92
Maximum
6
6.00
5,586
$1,294,876
$308,000
1174/1174
Total Dollar Value
$11,301,845
Average DOM Breakdown and Average % of List Price received on Solds by Market time:
0-30 Days
31-60 Days
61-90 Days
91-120 Days
120+ Days
No. of Listings
43
16
14
6
19
Breakdown %
43.88
16.33
14.29
6.12
19.39
Avg SP % LP
106.90
92.90
92.33
97.88
93.49
Average CDOM Breakdown and Average % of List Price received on Solds by Market time:
0-30 Days
31-60 Days
61-90 Days
91-120 Days
120+ Days
No. of Listings
41
12
14
6
25
Breakdown %
41.84
12.24
14.29
6.12
25.51
Avg <!--G_CDOM_SPLP_Lab-->
107.63
93.19
92.33
97.48
93.65
New $8,000 1st Time Home-buyer Tax Credit
The Tax credit is for first-time buyers only.
The tax credit does not have to be repaid.
The tax credit is equal to 10 percent of the home's purchase price up to a maximum of $8000.
The credit is available for homes purchased on or after January 1, 2009 and before December 1, 2009.
Single Taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.
NAHB has the cleanest/nicest resource for this information and you can safely access it from this website at: www.federalhousingtaxcredit.com
Questions & Answers on $8,000 Tax Credit!
"I will qualify as a first-time home buyer, and I am currently set to get a small tax refund for 2008. Does that mean if I purchased now that I would get an extra $8,000 added on top of my current refund?
The short answer? Yes, Billings would get back the $8,000 plus what he'd overpaid, The long answer? It depends. Here are three scenarios:
Scenario1. Your final tax liability is normally $6,000 You've had taxes withheld from every paycheck and at the end of the year you've paid Uncle Sam $6,000. Since you've already paid him all you owe, you get the entire $8,000 tax credit as a refund check.
Scenario 2. Your final tax liability is $6,000 but you've overpaid by $1,000 through your payrollwithholding. Normally you would get a $1,000 refund check. In this scenario, you get $9,000 the $8,000 credit plus the $1,000 you overpaid.
Scenario3. Your final tax liability is $6,000 but you've underpaid through your payroll withholding by $1,000 Normally, you would have to write the IRS a $1,000 check, This time, the first $1,000 of the tax credit pays your bill, and you get the remaining $7,000 as a refund.
Today's Tips!
USDA Loans offer 100% Financing!
Many rural homes can be purchased with 100% Financing virtually the only 100% financing available for buyers besides VA financing exclusively for Veterans.
VA Financing!
With many more people serving our country in the last 8 years, VA Financing is an excellent 100% financing opportunity for buyers to buy a home in any location!
Seven reasons to own your own home in this buyer's market!
Tax Breaks
1. The U.S. Tax Code lets you deduct the interest you pay on your mortgage, your property taxes, as well as some of the costs involved in buying your home.
Appreciation
2. Real estate has long-term, stable growth in value. While year to year fluctuations are normal, median existing home sale prices have increased on average 6.5 percent each year from 1972 though 2005 and increased 88.5 percent over the last 10 years, according to the National Association of Realtors. The number of U.S. households are expected to rise 15 percent over the next decade, creating high demand for housing.
Equity
3. Money paid for rent is money you will never see again, but mortgage payments let you build equity ownership interest in your home.
Savings
4. Building equity in your home is a ready made savings plan when you are ready to sell.
Predictability
5.Unlike rent, your fixed mortgage payments do not rise over the years so your housing costs actually may decline as you own the home longer. Keep in mind your property taxes and insurance will increase.
Freedom
6. The home is yours so you can decorate the way you want and benefit from you own investment.
Stability
7. Living in one neighborhood for many years gives you the chance to participate in community activities and establishing long relationships.
That's why owning your own home is good for your wallet!
09/14/08 thru 03/13/09
Active List Price Range From $19,900 - $1294,876 In Louisville
Number Of Active Listings In Louisville 104
Number Of Pending Listings In Louisville 20
Number Of Sold Listings In Louisville 67
Number Of Expired Listings In Louisville 79
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