What’s Your Opinion on the Bailout and Cincinnati Real Estate?
October 6th, 2008 categories: West Chester Ohio
Many of you have called or emailed asking for my view of the bailout and the impact on real estate in the greater Cincinnati area.
I’m flattered…but have to admit I have mixed emotions about the “whole mess”. Obviously, any time government intervention is required the problem is never crystal clear. In order to clarify my ideas- I had a mock interview with myself.
Interviewer: Do you think the bailout will have a positive or negative impact on real estate in West Chester, Cincinnati, Fairfield and the 4 county area?
Me: Yes!
Interviewer: Do you think the bailout is the way to go or is there a better way to handle this financial mess?
Me: Yes!
Interviewer: Well you seem to be evading most of my questions- do you have an opinion or are you unsure about the results of the current legislation?
Me: Yes!
As you can see I’m as conflicted about the current (and I think long term problem) as everybody else.
How this all will all shake out -nobody really knows.
I do know, for qualified buyers, there are some great bargains in real estate. For sellers, who think they are losing money, the house you’re buying will probably cost less too!
If you have questions or need real estate advice call 513-300-4090 or send an email.
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Related Article: How the Financial Crisis Impacts Cincinnati Real Estate
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