The plan was to share pictures and stories while we travel through northern India, however technology seems to have failed us.  My blackberry isn’t working as promised by Cincinnati Bell Wireless, so stay tuned for pictures to be shared at a later date.

The country is beautiful and real estate here (while different) is doing well.  After spending a few days in Delhi, we are now heading west to Jaipur.  The highway to Jaipur is quite interesting – camels, bulls, cows and goats are mixing with the traffic!  Next stop is a game reserve, where we hope to see tigers in a natural habitat.  Until now, we have only ever observed them at the local Cincinnati Zoo.  We will report back on this adventure in a few days.

If you live within the Fairfield School District in Fairfield or Fairfield Township pending real estate sales are up slightly in January.

According to the Multiple Listing Service of Greater Cincinnati real estate activity is shown below:

Data from Greater Cincinnati Multiple Listing Service

Data from Greater Cincinnati Multiple Listing Service

The abundant supply of condos in Fairfield may be suffering from the buyer’s inability to secure a loan.  Many of the complexes may no longer (or never did) meet FHA guidelines.

I’m still singing the same tune…”If your real estate is “For Sale” it should be price for the next buyer- or you could be “on the market” for a long time!”

Need more details about your complex or subdivision- call or email.

Related Articles: 7 Years of Real Estate, December Stats

Trying to buy or sell real estate in West Chester, Beckett Ridge or Liberty Township -you need to know what is going on.

According to the Multiple Listing Service of Greater Cincinnati real estate activity is shown below:

Data from Greater Cincinnati Multiple Listing Service

Data from Greater Cincinnati Multiple Listing Service

Data from Greater Cincinnati Multiple Listing Service

It is still a buyer’s market -but activity is picking up as mortgage rates remain low. 

Sellers need to be priced for the next buyer- or be prepared to spend months on the market.

If you need more specific information about your subdivision or complex- call or email.

Related Article: Looking Back, December Stats

January 2009 home sales are lagging behind 2008.

No  news there.  What’s interesting, according to the Multiple Listing Service of Greater Cincinnati, is the sales volume decrease in Hamilton County was 50%.

The question becomes is it the impact of “short sales” and “foreclosures” or has the average sale price decreased significantly?  Probably both played into decline.  Average closed price January 2008- $149,641 and in January 2009 – $100,226.

Bad news, the snow slowed everybody down at the end of the month.  Good news-showings picked up substantially on 1/31 and 2/1- so buyers are looking to buy.

Not sure how your neighborhood or subdivision is doing in this market- call or email.

Related:  January Condo Sales

2008 versus 2009-the year of the real estate knock down?

According to Multiple Listing Service of Greater Cincinnati, sales of condominiums in the Bulter, Clermont, Hamilton and Warren counties begins 2009 with sales below the same time frame of 2008.

But will it be a knockout bad year?  Hard to tell.  If some of the economic stimulus items which affect mortgage rates, buyer tax credits and foreclosures are eventually passed- then we should see an uptick in our real estate market.

Don’t count 2009 out- it may shape up as a good year for both buyers and sellers.  Stay tuned for details or subscribe to get upt-to-date real estate information and news.