Real Estate Westlake, Elyria, Avon, Ridgeville, OH

Russell Real Estate Services and Linda A Gray are prepared to help you with all your real estate needs in Cleveland’s far west side suburbs. If you plan to buy or sell a luxury home in Westlake or a 4 acre country lot inWellington or make a move in Elyria, North Ridgeville, North Olmsted, Avon, Bay Village call 440-477-1841.One thing we know ...

30-year fixed-rate mortgages hit a new record low  The weekly mortgage rate reports released Thursday indicate 30-year fixed-rate mortgages hit a new record low.Examples of monthly payments:Assuming 20% down and 30 Year mortgage at 4.375% interest rate (APR 4.551%)  as provided by Russell’s preferred lender American Midwest ...

     Inventory is High, Rates are Low - It's a Buyers Market! Whether you are buying or selling a home, I have the tools and expertise to help you make the best choice possible for your circumstances. To reach me fill out this form or give Linda Gray a quick call at  440-477-1841

[photo:listing:17390500] 4 Acre Country Property  4 Acre Country Property For Sale in Wellington• 2,280 sq. ft., 3 bath, 3 bdrm 2 story - MLS® $225,000 - Great Value! Wellington, Lorain County  -  Country living at it's best! Custom Built 1995 Cape Cod! Spacious rooms, first floor master & laundry room! ...

Have Interest Rates Bottomed and Now Going Up! According to the weekly Rate Trend Index from Bankrate,   rates have bottomed. 62% of the expert panelists expect mortgage rates to remain unchanged over the next seven days. While 38 % believe rates will increase in the coming week. (DSNews 6/3/10)The time to buy is now!    Get ...

Mortgage Rates  Lowered this week…5/28/10 Home buyers are excited to learn mortgage rates dropped again this week to near-record lows. This means lower monthly payments or ability to afford higher price home. According to Freddie Mac, interest on 30 year fixed loans averaged 4.78 percent compared to 4.84 percent last week, while the ...

Westlake to Wellington Market Report For March/April 2010  It’s the sign of the times! With the ending of the home buyers tax credit we saw many people scrambling to find their new home and get under contract by April 30. All our areas  from Westlake to Wellington saw an increase in homes sold and pending  for the month of ...

It’s a good sign!  Low interest rates and the Home Buyer Tax Credit have been critical to improved home sales and the economic recovery. March brought more homes to the market and more homes sold. The average sale price actually increased in 5 of our 12 local areas. http://lindaagray.housingtrendsenewsletter.com/

Top 4 Most Asked questions about the Home Buyer Tax CreditHow does a home buyer claim the tax credit?  When filing federal income taxes include IRS Form 5405 and attach copy of the settlement statement or HUD-1 statement. Or if the purchase is a mobile home attach executed retail sales contract.  Must the homebuyer sell their currently ...

 What’s Happening in Today’s 2010 Westlake Ohio Real Estate Market? As of 1/11/10, In the Westlake, Ohio Real Estate Market, according to Normls (Northern Ohio Regional Multiple Service), including single family homes and condominiums, there are:·        301 Active Listings – ...