2009 Cincinnati home buyers and sellers
I was recently reading through the 2009 Profile of Home Buyers and Sellers for Cincinnati, Ohio and noticed a few interesting statistics…
Cincinnati Home Buyers
47% of home buyers were first time home buyers
20% of recent home buyers were single females (compared to 10% single males)
76% of home buyers considered commuting costs very or somewhat [...]
December home sales RISE in Cincinnati
December sales rose again over the previous year making the seventh straight month of increased home sales in Cincinnati.
Ohio Housing Market Compared
Let’s compare our Cincinnati housing market to other cities in Ohio.
Units Sold
2008
2009
Change
Cincinnati
17,493
17,457
-0.2%
Columbus
19,295
18,771
-2.7%
Dayton
10,556
10,178
-3.7%
STATEWIDE
105,015
96,022
-8.6%
Sale Price
2008
2009
Change
Cincinnati
$163,825
$150,563
-8.1%
Columbus
$165,377
$157,352
-4.9%
Dayton
$126,139
$122,123
-3.2%
STATEWIDE
$138,276
$129,437
-6.4%
Although our sale prices of Cincinnati homes are being weighed down a little more than other Ohio cities, sales are still happening at a much better rate than the Ohio housing market as a whole. This is helping to get rid of [...]
5 Important Tips for 2010 Home Buying in Cincinnati
Are you planning to buy a home in Cincinnati this year? Here are a few quick tips to get started off on the right foot…
Start TODAY!
The spring market is starting early this year because of the deadline for the Federal Tax Credit for First Time Home Buyers and the Federal Tax Credit for Existing [...]
Cincinnati Mortgage Rate Updateby Matt Clark, Cincinnati RealtorCincinnati Real Estate
Rates are currently at 5.25% FIXED FOR 30 YEARS! FHA and Conventional!!
Call me TODAY to speak with a mortgage consultant. It is free and confidential to find out if you qualify for a mortgage loan.
For first time home buyers, [...]
Credit Score Impact on Insurance Rates
(Thanks to Kathy McGraw-Comisar of HUFF REALTY Insurance for this informative article)
It is important, for the consumer, to understand that an insurance score is not the same thing as a credit score. Both are derived from the information found in your credit report, but they predict very different things. A credit score predicts [...]
Forbes: Cincinnati the 6th most stable housing market
The sky is NOT falling
Indications are housing market will start to rebound in 2008
BY DAN HENDRICKS | ENQUIRER CONTRIBUTOR
If mainstream news media is your only information source, you may believe that today’s housing market is a “sky-is-falling” proposition. While today’s market is certainly challenging, a little history and a wider information net provides [...]
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