2008 vs 2009 Condo Sales for Greater Cincinnati
December 11th, 2009 categories: Real Estate News, Real Estate Sales, Real Estate Stats
Condo sales volume for the greater Cincinnati real estate market is showing some signs of life. Both Butler and Warren county closings are nearly equal to 2008- which is a good omen for sellers.
Interest rates remain at historical low levels- I know you are tired of hearing the phrase-but they really are unbelievably low. (Freddie Mac Mortgage Rate Comparison Chart) The extension of the first time home buyer tax credit as well as some incentive to sell and buy again will continue to spur activity.
Condo sellers need to be aware of the FHA and other government guidelines which may impact sales and price accordingly.
Pricing and marketing assistance is available -plan ahead if you are going to list your condo or home soon.
Related: 2008 vs 2009 Single Family Homes
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