Contact Team Annett: (p) 513-527-3060 (e) teamannett@gmail.com
We continue to be in a real estate market that requires us to be very knowledgeable of the current market conditions and trends in order to buy and sell effectively. If you have any questions regarding the Cincinnati housing market – or the graphs shown below – feel free to contact us – Team Annett teamannett@gmail.com , or Lindsay Annett Shapiro lindsay.shapiro@cbws.com.
Cincinnati home sales in April did relatively well. Closings totaled 1,408 units. That’s 1.37% better than the same period two years ago, when 1,389 homes were sold.
The following press release was sent to the local media at 10:25 a.m on 4/20/11 by the Cincinnati Area Board of Realtors®
Two years in the making — the federal government will be reducing their involvement in the mortgage market. Both Fannie Mae and Freddie Mac will wind down within as little as five years.
United States real estate offers a lot of bang for your buck, according to a new survey that shows U.S. homes are the cheapest relative to incomes among English-speaking nations.
Cincinnati Home Sales for November 2010 were released last week. By looking at the graph below, you can see that sales in November 2010 were at an all-time low when compared to the past 10 years. On the flipside, the number of homes on the market exceeds last year’s numbers by approximately 1,000 units.
Locally, the public has 49% more home buying power than the nation, when you factor in (1) the median home price, (2) monthly mortgage payment, and (3) median annual income. Cincinnati wins in all three categories from a nationwide third quarter 2010 study shown below.
Cincinnati home sales continued their 2010 advancement in November, with 1,092 homes sold (closed) last month, and 15,668 for the first 11 months of the year. That represented decreases of 31% and 10%, from comparable periods one year ago.
Shown below are the latest graphs that represent the results from the Northern Kentucky and Cincinnati Board of Realtors through October. Total market data for the year 2010 through December will be available in the beginning of February 2011.
