Greater Cincinnati Home Invetory Down to 2006 Levels
December 3rd, 2009 categories: Cincinnati, Ohio, First Time Buyers, Real Estate Buying
A quick check of the Multiple Listing Service of Greater Cincinnati 12,454 Active Listings (single family homes and condos). The last time we experience the number of active listings below 13,000 was in January, 2006 when we had 12,900 homes/condos on the market.
Buyers who have been house hunting for the past several months can tell you- there aren’t a lot of new listings and newly listed properties- that are priced right- are selling quickly.
The continuation of the Home Buyer Tax Credit (for first time home buyers and repeat buyers) combined with low mortgage rates provides the perfect real estate storm”. Sellers waiting for spring market-might want to reconsider and seize the opportunity to sell now.
If you need more information to make a decision-make an appointment now.
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