Real Estate Happenings in Greater Cincinnati!
May 18th, 2009 categories: Sales
Slow and steady describes the sales of single family homes in greater Cincinnati.
According to the Multiple Listing Service of Greater Cincinnati sales/closings are down versus the same time period last year for Butler, Clermont, Hamilton and Warren Counties. However, though the sales price and sales volume are lower, the market continues to show signs of life.
Activity (buyers actually writing contracts) continues and the unbelievable low mortgage rates are helping fuel buyers into making the move.
It is estimated that over 50% are first time home buyers utilizing FHA financing.
If you don’t understand FHA or need to know details about your neighborhood or subdivision- call or email.
Related Article: March Stats
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