I know that this is something that I’ve been saying over and over again “Cincinnati is a GREAT place to buy a home.” The statistics are telling us, major news publications are telling us and now even our local news is telling us. Well, I’m not sure if this actually made it to print form, but at least it was on the website!
Sure its from our Cincinnati Area Board of Realtors, but its nice to have some good press these days. Home sales are up and so is our affordability. At least in the areas I mainly work in. Norwood, it rockin’ pretty solid along with Hyde Park, Oakley, Pleasant Ridge and Downtown. Our home prices are extremely affordable and our first time home buyers have money to spend. We are lucky here in Cincinnati to have major business who recruit and keep good talent from all over the world. This helps strengthen our urban/suburban areas. As we see energy costs go up and the allure of downtown getting stronger, we will continue to see a strong resurgence of downtown near living. The areas which were once considered suburbs (60-80 years ago) are going to continue to grow.
This is evident in today’s market. Buyers are buying and it seems to be in the 100-250 range. They’ve got the money and they know the prices are right! From the looks of things, prices don’t seem to be going down like they were last year. If you’ve been on the fence about purchasing a home, get off and do it. You’ll regret it later if you don’t.
