In Ohio, real property is transferred via a deed. To successfully convey property from a seller to a buyer there are several formal requirements. Arguably, the most important requirement is the participation of two or more parties, a grantor and a grantee. Both must be either a person or entity legally existing at the time […]
Category: Real Estate
It has been over a year and a half since the United States Congress passed the Tax Cuts and Jobs Act of 2017, the famous Trump tax cuts. Early critics of the law included the National Association of Realtors, who predicted that the law would cause housing prices to decline due to provisions capping deductions […]
Mortgage Rates Appear to Decline
| Mar 06, 2019
A recent article on Realtor.com highlights the positive impact this past month’s decline in mortgage interest rates might have on home buyers. The 30-year fixed-rate mortgage averaged 4.35% in the week of February 21, which is down from the 4.37% rate in the prior week. These figures are cited by Freddie Mac. The decline in […]
Housing Market Gives Gloomy New Year’s Forecast
| Jan 03, 2019
A recent article in the Wall Street Journal suggests that the U.S. housing market is predicted to stumble even further in 2019. This past year has seen the housing market plummet, as the cost to buy a new home has increased while inventory has continued to fall. The decline in the housing market has also […]
Avoiding Probate Administration of Your Ohio Real Estate: Survivorship Deeds & Transfer-On-Death Designation Affidavits
| Sep 12, 2018
As an estate-planning attorney, one of the most common concerns that clients have is what will happen to their house upon their death.
A new report by the National Association of Realtors claims that the number of home sales across the U.S. is continuing to decline.
Home Sales Continue to Decrease as Prices Rise
| Jun 27, 2018
A recent study by the National Association of Realtor (NAR) claims that home sales are continuing to decline across the U.S. This comes despite an overall boom in the broader economy, forcing experts to provide explanations for the incongruity.
Real estate professionals will soon be in for a surprise as tech experts begin to apply blockchain technology to record land documents. Blockchain, the technology underpinning Bitcoin and other digital currencies, is a revolutionary system for transmitting and storing data. The technology is hailed by its proponents as being a game-changer in data security—it has […]
Shopping Malls Around U.S. Face Further Vacancies
| Apr 19, 2018
A recent study published by Reis Inc., a real estate data firm, confirms an ongoing trend in U.S. commercial real estate. Shopping malls are continuing to lose tenants, as American consumers increasingly turn online to purchase items traditionally sold in brick-and-mortar stores.
Demand For Homes To Rise This Spring
| Apr 09, 2018
A recent article in the New York Times highlights several factors that will help determine the fate of this spring’s housing market in the U.S.