I know this is not really local Cincinnati Real Estate news or information but it is a sign of the times. Propertysnake.co.uk is a website that aggregates information on home prices and then tracks the price reduction, giving viewers a look into how much off the original list price the property is now listed at. If a property is originally listed at 150% of fair market value I would hope to see a 33% price drop! Regardless of what the percentage price drop is it is critical to see if the new price is inline with the surrounding comparableness, and your price range!
As we enter this correction in the US market it will be even more important to locate a dependable and honest licensed Real Estate agent. What goes for houses goes for shoes, pants, and hand bags … just because it is on sale does not mean I have to buy it.
At The Alison Moss Group, Cincinnati is more than a city to us–it’s our hometown. Since launching in 2008, our clients have depended upon us to lead them through the home buying and selling journey. We are the go-to resource for all of your needs before, during and after the sale of your home.