Great news for the local Cincinnati real estate market.
There is a lot of great news to share about the state of the local Cincinnati real estate market. Overall the local market is showing specific signs of rapid improvement. Year over year (2012 vs. 2013) we are seeing positive movement in the following factors.
Prices are up!
Sales are up!
Interest rates are down!
Inventory is down!
What this means for real estate Buyers and Sellers:
For Sellers we are moving away from a buyers market to a sellers market. The smaller inventory and rising prices mean that if you prepare your house well, have a good product to sell you may see a quick sale leaning just over market value.
For buyers it is time to move out of the mindset that every house should be discounted. The market has turned. Good properties are selling fast. Get ready to move quickly and become comfortable with paying about 95% of list price (for properly priced homes).
There are no guarantees in real estate but we have sold multiple houses recently at the first open house or within a few days of going on the market. Good inventory is moving, so if you have been thinking about listing now is the time! Call me to set an appointment! 513.518.1140
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.