The Cincinnati real estate market continues to improve in most metrics, but did show some year over year contraction in one key metric. Home Prices Rise in Cincinnati Year over year the trend of higher home prices continues. This is the most telling factor of the overall health of the … [Read more...]
Cincinnati Real Estate Prices Surge 9% in December!
Cincinnati Real Estate prices surge, showing positive news for the long term health of the market. Yet, how is it that selling fewer houses year over year and month to month is a good thing? It has less to do with sales and more to do with price and inventory control according to the most recent … [Read more...]
Cincinnati Real Estate Market Continues to Improve
The Cincinnati Real Estate market continues to improve as we exit the recession. The broad numbers show great things for home sellers throughout Cincinnati. Prices and total Sales are up for the entire year and particularly in the closing months of the year. We are beginning to move towards a … [Read more...]
Home Sales Continue to Grow in Greater Cincinnati
Home Sales Continue to Grow in Greater Cincinnati Across the Greater Cincinnati region home sales continue to grow, showing the slow and ongoing local housing recovery. We have mentioned it here before on this blog but the underlying reasons that we are seeing this growth is that interest rates … [Read more...]
WVXU airs a flawed report on the state of Cincinnati Real Estate
WVXU airs a flawed report on the state of Cincinnati Real Estate Today WVXU aired a piece citing the fact that Cincinnati is in the bottom 20 cities in the RealtyTrac Housing Market Recovery Index. While the RealtyTrac report is data driven and evidence based it is narrow-sighted and focuses on … [Read more...]
Cincinnati Real Estate home sales continue to increase in 2013
Cincinnati real estate sales continue to increase in the first quarter of 2013. More homes are under contract and more properties are closing compared to one year ago. Almost 19% more home sold this May compared to last year. To accompany this great sales volume, home prices are up as well. Compared … [Read more...]
Home Sales in Cincinnati Continue to Improve in 2012
April marked the tenth straight month of improvement in the Cincinnati real estate market. The volume of local home sales continues to trend upwards. According to The Cincinnati Area Board of Realtors sales in April 2012 increased nearly 8 percent over April 2011. Even better is that closings are … [Read more...]
Cincinnati Home Builders and the Real Estate Market
Part of being home builder in Cincinnati is predicting the direction of the real estate market overall. It is part of the business. Home builders have to buy land, and in some cases materials in advance of making a sale so that they can leverage the best prices on their raw materials. What is … [Read more...]
State of Cincinnati Real Estate February 2011
The State of The Cincinnati Real Estate market continues to change and buyers and sellers must be prepared to adapt to the market realities. According to RIS Media nationwide hosing prices were at their lowest point at the end of last year based on the Case-Shiller home price index. As is … [Read more...]
December Home Sales Increase in Cincinnati and US
Across the US and in Cincinnati home sales increased in December. Nationwide sales rose by over 12%. Although sales were up in the month of December, and had been on an upswing, December 2010 was weaker than December 2009 according to NAR. 5 of the the last 6 months of 2010 have seen an … [Read more...]