What Would Abraham Lincoln Say?
January 6th, 2009 categories: Real Estate News, West Chester Ohio
Abraham Lincoln’s quote is often changed to the effect that you can’t please all the people all the time…
So- as a result of complaints about yesterday’s blog, Mr. Lincoln is again correct.
I’m being accused of being overly optimistic and pessimistic about real estate in greater Cincinnati!
It is a true honor to know that one article can offend all of the people all of the time.
Actually it’s kind of funny- how remarks have impact people.
The reality of today’s real estate market in Cincinnati, West Chester and Fairfield Ohio, while down, is still in much better shape than other parts of the country.
According to an article in Sunday’s Enquirer, Cleveland, Columbus lagging Cincinnati, Jennifer Pitzter, Economic Center for Education and Research @ University of Cincinnati, points out “…the housing market in the Cincinnati metropolitan area is doing much better than Cleveland and Columbus…”
And yes mortgages are historically low- even Business Week’s Peter Coy has a detailed article “Mortgages: What you need to know in 2009.”
So I’m not alone – our local real estate market is much more stable than our neighbors…and the lower mortgage rates will push buyers into action.
The big question for 2009 will be- are you in the right place to take advantage of the real estate market?
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