Cincinnati Real Estate

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Kathy S. Koops GRI

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Real Estate Update for Townships Around Greater Cincinnati

filed under: For Sellers posted on May 29th, 2013

Is there a race to buy real estate in greater Cincinnati?

https://thecincyblog.com/2013/05/15/real-estate-market-update-for-greater-cincinnati-townships/

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Buyers and sellers have a lot in common during this racy spring real estate market!  Lots of house hunting and anxious sellers -yet only a few “contestants” successfully complete their race the prize condo or home.  Unqualified buyers (loan approval conditional on everything), overpriced sellers suffering with lower than expected appraisals and agents trying to make appointments as soon as a new listing hits the markets are characteristic of the real estate race maze currently being navigated in greater Cincinnati.

The real estate activity in some of Cincinnati’s larger townships reflects the general ups and downs we’re seeing through out the area. The median list prices continue to bounce around for no particular reason. The number of listings is still low and the data is pulled from the Multiple Listing Service of Greater Cincinnati potential buyers have 8938 single family homes and 1409 condos to buy-a very slight increase in the number of new listings from the last township report.

Township Weekly Real Estate Update 052813

Unlike the Indy 500 and other races the finish line moves constantly and unprepared buyers and sellers are left crashing into the wall instead of staying up with the pack …and eventually seeing the checkered flag wave.

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