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Columbus & Central Ohio, United States
DeLena Ciamacco is a well-known, respected Top Producing Realtor in Central Ohio. Her myriad of accomplishments, recognition, and professional credentials as they relate to Real Estate, make her a perfect individual to provide insight to the masses on all aspects of Real Estate sales. Her creativity and honest approach to marketing Real Estate has enabled her to succeed in her career. DeLena’s philosophy is “An educated and well prepared Buyer or Seller is a smart Buyer or Seller”. Her desire is to inform the public, by pulling from her 20+ years of Real Estate sales & Marketing, what is necessary to get to a successful closing in these challenging times.

Wednesday, January 23, 2013


Just Listed!


ALL BRICK END UNIT CONDO…in Arlington close to everything! ~$15,000 in recent updates! New Carpet `12, new laminate & ceramic floors `09, updated Kitchen & Baths `09. Newer roof, windows `09 & more! Two upper level Master Suites with Full Baths. Ready to finish Basement. Spacious Great Room with two-sided brick fireplace walks out to privacy Patio. Nearly 1,400 SF of functional living space! 2 BRs & 2.5 Baths.  Upper Arlington Schools. Only $144,900! Call DeLena Today!

Monday, January 21, 2013


~407 S. Elm Street~
...with center turn lane in high traffic area! A corner lot around lots of shopping areas and across from a high school. Great place for a fast food restaurant, coffee shop, internet cafe, dine-in restaurant, carryout, auto shop or bank. This property is offered with multiple parcels or option to be separated. Four 40 X 125 parcels only one has the 1200 sq. ft. building. Call agent for further details. Only $259,000! Call DeLena today!

Wednesday, January 16, 2013

2013: Could You Be Priced Out of the Housing Market?

Realtors were hopeful that 2013 would begin on a high note with an increase in sales and listings, and boy have we seen them recently! Perhaps due to the avoidance of the fiscal cliff or building off the momentum of the past few months, the housing market is coming back well ahead of some economist’s estimates. While this is good news for realtors and those looking to list, could some buyers actually be priced out of the market if they wait too long?

While the recent rise in the market may seem too fresh and unstable, some markets in the U.S. are seeing huge recoveries right now. The Phoenix area saw an increase of sales at 21.7% according to S&P Case-Schiller Data last month, with hard hit areas like Detroit, Miami, and San Francisco not far behind. The result has been a sharp incline in prices for those areas, as home owners discover the supply and demand to be in their favor. Sadly this means that some potential home buyers may find themselves unable to afford homes that they may have been able to only a few short months ago. 

J.P. Morgan is now forecasting overall increases of 3-4% in home prices for 2013, but like the above cities, many areas are already seeing these increases before the spring selling season even begins. This winter has been hot for home sales as many buyers begin to see the signs that historically low housing prices are set to take off this year. 

Not all cities are seeing the rapid growth of Phoenix or Miami though; The same index saw a small drop in the New York and Chicago areas. Boston, and our friends in Cleveland only saw gains around 2%, meaning buyers are much less likely to make the jump into something new right now.  
The biggest plus right now for people who are unsure about purchasing this year: You guessed it, those great rates on mortgages, which financial analysts are predicting will stick around for almost all of 2013. The 30-year fixed mortgage rate is expected to remain under 4% for most of the year, but could move a little lower or higher depending on market conditions. 

Real Estate site Trulia is saying that the market is “51% back to normal” for the month of November, based on a 6% increase in existing-home sales. The wildcard for the 2013 housing market will be the so-called “shadow inventory” of distressed homes that number in the 2.3 million and at the current pace of the market even out to a 7 month supply. Analysts will be watching to see how quickly these homes sell and for what prices to determine the rise in housing prices in the coming months. 

New sellers listing their homes and builders adding to the supply will also have an impact on the market. While we’re seeing a little bit of an uptick in listings after the first of the month, we really won’t know what’s going to happen until we’re well into spring. If there is an increase, prices may not rise as sharply and homes may remain more affordable. Not only will buyers find it easier to afford a new home, but bidding wars will be easier to avoid. 

Other factors affecting the market include the fear over cutting of the mortgage-interest tax deduction, which survived the fiscal cliff talks but may be up for grabs again when congress begins talking debt ceiling towards the end of the month. Many lawmakers support it’s cut, which could raise the overall cost of home ownership. Another point is the low vacancy/high prices associated with renting right now, leading several potential buyer to consider home ownership more seriously.  

No matter the conditions or your own budget, there will always be wonderful homes in your area that could be the perfect match with the help of the right realtor. 

Tuesday, January 15, 2013


~203 Alexander Lawrence Dr~

End unit, spacious Kitchen with peninsula and 42' cabinets, stainless steel appliances, Great Room with gas log fireplace, 9 foot ceilings, crown molding, 6 panel doors, Master Suite with cathedral ceilings and attached Bath, walk-in Closet, oversized two car attached Garage with workbench and cabinets, huge Attic with pull down steps adds lots of storage space, covered Patio, close to shopping, parks and schools. 2 BR’s & 2 Baths. Over 1,200 SF! 
Pickerington Schools. Only $127,500! Call DeLena Today!

Wednesday, January 9, 2013


~8191 Hillingdon Drive~

FORE…THE GOLFER! Upgraded end unit, “Avalon” model backing to the golf course! Hardwood floors everywhere! A vaulted Foyer opens to Two-Story Great Room & Sunken Four Season Room with walls of windows! “Dream” Kitchen with wrap around 42” cabinets & granite counters. Loft overlooks the Great Room. 1st floor Master Suite has garden tub. Finished Basement with giant Recreation Room & full Bath. Many extras & looks brand new! 3 BR’s & 3.5 Baths. Nearly 3,300 SF! Olentangy Schools. Only $324,900! Call DeLena Today!

Tuesday, January 8, 2013

The Fiscal Cliff Deal : What Homeowners Need to Know

Thankfully, 2013 did not begin on the sour note it could have: a deal was reached by Congress in the wee hours of January 1st to prevent potential economic disaster and steered us away from the “fiscal cliff” you’ve no doubt heard so much about in the past month. While we can debate the pros and cons of this deal no doubt, most home owners, sellers, and potential buyers have just one question: How does this impact me?  

Depending on where you fall on the earning scale, the fiscal cliff deal was either good or bad for you; all those making under $400,000 individually ($450,000 total household) will keep the tax rates they now enjoy. If you make over this amount, your taxes are set to increase to the same rate they were back in 2003 at 39.6%, up from the 35% they were previously. Capital gains taxes will also go up from 15% to 20% for the same income bracket. While this doesn’t directly affect the housing market, you can bet that people feeling the financial pinch will be more reluctant to make big property purchases. 

However, the great thing about the fiscal cliff deal is that two major housing related tax provisions were left untouched: The mortgage interest deduction, and an extension on the tax relief for mortgage debt forgiveness. These two provisions are key in keeping homeowners from going into foreclosure and in their current homes. The deal also allows borrowers to deduct the amount they pay for private mortgage insurance, another great incentive when it comes to buying a new home.
Take a look at the details of the deal:

Homeowner Tax Items
             Extends through the end of 2013 mortgage debt tax relief
o             The legislation extends the tax exclusion for cancelled or forgiven principal residence debt, enabling short sales and reducing downward pressure on housing prices.
o             Also enables mitigation efforts via government and lenders

             Deduction for mortgage insurance extended through the end of 2012
o             The deduction remains phased-out ratably by 10% for each $1,000 by which the taxpayer’s AGI exceeds $100,000, with complete phase-out at $110,000
o             Extending the deduction reduces the cost of homeownership for those using PMI, FHA, or VA mortgage insurance, particularly first-time buyers

             Extends the section 25C energy-efficient tax credit for existing homes through end of 2013
o             Tax credit is a key tool for the remodeling community
o             Extends the credit at the $500 cap level, as was the case in 2011

             Reinstates the Pease/PEP phase-outs for deductions
o             For married taxpayers above $300,000 ($250,000 single), the Pease limitation reduces total itemized deductions by 3% for the dollar amount of AGI above the thresholds
o             For example, a married couple at $350,000 is $50,000 above the limit, and must reduce the Schedule A deduction total by $50,000 times 3% or $1,500, increasing their tax by approximately $300.
o             No more than 20% of the phase-out is attributable to the MID and the Pease rule will affect a very small number of current MID beneficiaries

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