Happy Memorial Day Weekend
Friday, May 28th, 2010
Hats off and heartfelt thanks to all who have served to protect our freedom.
Find out more about the history of Memorial Day .
Find out more about the history of Memorial Day .

One week until Cincinnati CitiRama!
In April I told you about Citirama in Rockford Hills. A gorgeous neighborhood surrounded by woods and just a short hop to UC and downtown Cincinnati. Several of the homes have already sold- good news in today’s real estate market.
You know the type of magazine that arrives via an email link, takes forever to open and then requires NASA like skills to navigate and enlarge the pages….so you can actually read something. It’s not that I don’t like electronic toys- my Kindle is easy to use and operate. And I do understand why so many organizations have migrated to e-zines- they’re cost effective and eco-friendly….but sometimes replacing “easy to read” with “something slick” misses the intended target audience.
Technology is a great thing. I would be the first one to say what a time-savers things like “crackerberries”, “netbooks”, portable this and portable that have changed and helped us in business and everyday life.
But sometimes the “cool things” gets in the way.
Today more and more interior pictures highlighting ginormous rooms. Sellers want their rooms to look spacious- buyers want to see the “real thing”. This leads to a lot of negative comments and disappointment when potential buyers walk through the front door expecting to see a family room large enough to hold 30 people. Instead the room is normal size and the buyers are immediately disappointed with reality. One of my clients suggested a disclaimer may be needed “rooms are much smaller than they appear”.
The availability of affordable digital cameras sporting a variety of lenses has spawned this trend toward use of wide angle photography. A way for one piece of real estate to look better than the competition. However, both sellers and their Realtors need to remember to “keep it real” so the buying public has an accurate picture of the property.
What do you think?
Below is the Market Action Reports for 6 zip-codes in the greater Cincinnati area:
45011

45014

45040

45069

45208

45233

This is the short version of the detailed information available for the zip-codes.
According to the Multiple Listing Service of Greater Cincinnati real estate activity is shown below:
|
Fairfield |
Single Family |
Average Price |
Days on Market |
Condos |
Average Price |
Days on Market |
| Actives |
129 |
$171,830 |
116 |
116 |
$85,785 |
85 |
| Pendings |
44 |
$148,898 |
56 |
21 |
$84,946 |
100 |
| Closed (01/01/10-04/30/10) |
94 |
$149,780 |
76 |
25 |
$74,068 |
89 |
|
Fairfield Twp |
Single Family |
Average Price |
Days on Market |
Condos |
Average Price |
Days on Market |
| Actives |
135 |
$218,608 |
117 |
13 |
$143,241 |
88 |
| Pendings |
30 |
$178,015 |
79 |
3 |
$83,567 |
34 |
| Closed (01/01/10-04/30/10) |
53 |
$168,012 |
76 |
3 |
$ 94,633 |
30 |
Pricing on single family homes in Fairfield is lower for actives, pendings and solds. The Township has lower pending prices but higher listing and sold prices. The condo market in Fairfield has lower prices for active and pendings-however closed prices are inching up. In Fairfield Township condo prices are up-but pending sale prices are down.
Email with questions or if you need more detailed information.
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