Kathy S. Koops
kathy.koops@cbws.com
Direct: 513-300-4090
thecincyblog.com

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Archive for May, 2010

Happy Memorial Day Weekend

Friday, May 28th, 2010

American flag for memorial day 

Hats off and heartfelt thanks to all who have served to protect our freedom.

Find out more about the history of Memorial Day .

Memorial Day Events.

It’s Almost Time for CiTiRAMA

Thursday, May 27th, 2010

cincinnati citirama

One week until Cincinnati CitiRama!

Mark your calendar for June 3rd- and take some time to visit Northside and Citirama -Rockford Hills.

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.

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Hump Day Observation- The Real Thing

Wednesday, May 26th, 2010

coke  

Recently I’ve developed a severe case of “ugh” when it comes reading e-zines.

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. 

Lately the exploding real estate trend of using really wide angle lenses for interior photos leads to a lot of buyer griping about – what you see may not be what you get.

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?

This Week in Cincinnati Real Estate

Tuesday, May 25th, 2010

  

This week versus last week for metro Cincinnati real estate.

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.

Click here to order your report….or call or email for details.

April Real Estate Update for Fairfield and Fairfield Twp

Monday, May 24th, 2010

There are mixed signals from Fairfield and Fairfield T0wnship real estate market.

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

Data from Greater Cincinnati Multiple Listing Service

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

Data from Greater Cincinnati Multiple Listing Service

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. 

Either the market will catch up to the realistic pricing or sellers will continue to hold our until a buyer comes along willing to pay a higher price.

Email with questions or if you need more detailed information.

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