When you’ve done everything to get your home ready to sell and it just isn’t moving, it’s time to think about your next move.  It’s important to know when to adjust the price, especially in declining markets and buyers’ markets. In his Real Estate Blog, LeRoy Houser provides some clues that it’s time to drop your listing price. The house has not been shown in the first 2 weeks of the listing. When more than two potential buyers or realtors tell you or your realtor that the house is overpriced. The property has been shown four times without an offer. You... [more...]

CNN/Money Magazine has named their 100 top towns in their annual “Best Places to Live.” Mason ranks 24 this year, with five Ohio cities placing in the top 50. Mason’s great schools, proximity to Cincinnati, good public parks and low crime help place this city in the top 25. Mason ranks 17 in affordable housing. See Mason’s stats here. Other regional cities in the top 100 include these places in the Cleveland, Dayton and Indianapolis areas. 3.) Solon, Ohio 30.) Highland Heights, Ohio 32.) Twinsburg, Ohio 42.) Springboro, Ohio 48.) Westfield, Indiana 50.) Noblesville, Indiana 55.)... [more...]

7-day stats for Single Family properties in CINCINNATI, OH45226 as of February 25, 2011 Median List Price $249,000 Average List Price $307,449 Total Inventory 59 Price per Square Foot $134 Average Home Size 1,845 Median Lot Size 6,011 Average # Beds 2.97 Average # Baths 2.29 Homes Absorbed 2 Newly Listed 2 Days on Market 209 Average Age 35 Median Price for homes in CINCINNATI, OH 45226 as of February 25, 2011 is $249,000 Inventory for homes in CINCINNATI, OH 45226 as of February 25, 2011 is 59 Average Days on Market for homes in CINCINNATI, OH 45226... [more...]

7-day stats for Single Family properties in CINCINNATI, OH45208 as of February 18, 2011 Median List Price $311,950 Average List Price $389,442 Total Inventory 158 Price per Square Foot $158 Average Home Size 2,076 Median Lot Size 6,578 Average # Beds 3.33 Average # Baths 2.39 Homes Absorbed 9 Newly Listed 5 Days on Market 192 Average Age 27 Median Price for homes in CINCINNATI, OH 45208 as of February 18, 2011 is $311,950 Inventory for homes in CINCINNATI, OH 45208 as of February 18, 2011 is 158 Average Days on Market for homes in CINCINNATI, OH... [more...]

The National Association of Realtors profiles buyers and sellers each year. Here are some of the findings: Buyers: Median age for first-time buyers: 30 Median income for first-time buyers: $59,900 First-time homebuyers made up 50 percent of the market 36 percent of buyers start their home search online. For repeat buyers only, that number is 41 percent Only 4 percent of buyers purchase a foreclosure, but half consider it and 39 percent don’t consider it More than 8 in 10 buyers purchase with an agent Sources of down payments for repeat buyers: savings, 57 percent; proceeds from sale of... [more...]

The jobless numbers have dropped across many counties in the Cincinnati area during April and May, as reported in the Cincinnati Business Courier. Here’s a rundown of numbers from March to April of this year: Butler County: 10.5% (March) → 10.2% (April) Clermont County: 11.3% → 10.4% Hamilton County: 10.2% → 9.9% Warren County: 10.1% → 9.6% City of Hamilton: 12.1% → 11.8% City of Cincinnati: 10.6% → 10.3% Overall in the State of Ohio, the March to April unemployment rate fell from 11.5% to 10.7%. Clinton and Highland Counties have had it the toughest, due to the closing of a... [more...]

7-day stats for Single Family properties in Anderson Township as of May 21, 2010 Median List Price $299,900 Average List Price $354,556 Total Inventory 285 Price per Square Foot $99 Average Home Size 2,979 Median Lot Size 23,087 Average # Beds 3.64 Average # Baths 2.83 Homes Absorbed 11 Newly Listed 6 Days on Market 173 Average Age 28 Median Price for homes in CINCINNATI, OH 45244 as of May 21, 2010 is $299,900 Inventory for homes in CINCINNATI, OH 45244 as of May 21, 2010 is 285 Average Days on Market for homes in CINCINNATI, OH 45244 as of May... [more...]

7-day stats for Single Family properties in Mariemont as of May 21, 2010 Median List Price $114,950 Average List Price $194,158 Total Inventory 178 Price per Square Foot $83 Average Home Size 1,536 Median Lot Size 6,904 Average # Beds 2.99 Average # Baths 1.78 Homes Absorbed 18 Newly Listed 10 Days on Market 136 Average Age 25 Median Price for homes in CINCINNATI, OH 45227 as of May 21, 2010 is $114,950 Inventory for homes in CINCINNATI, OH 45227 as of May 21, 2010 is 178 Average Days on Market for homes in CINCINNATI, OH 45227 as of May 21, 2010... [more...]

7-day stats for Single Family properties in Montgomery as of May 25, 2010 Median List Price $299,900 Average List Price $482,178 Total Inventory 213 Price per Square Foot $120 Average Home Size 2,644 Median Lot Size 20,386 Average # Beds 3.63 Average # Baths 2.90 Homes Absorbed 9 Newly Listed 9 Days on Market 169 Average Age 19 Median Price for homes in CINCINNATI, OH 45242 as of May 21, 2010 is $299,900 Inventory for homes in CINCINNATI, OH 45242 as of May 21, 2010 is 213 Average Days on Market for homes in CINCINNATI, OH 45242 as of May 21, 2010 is 169 Median... [more...]

7-day stats for Single Family properties in Oakley as of May 21, 2010 Median List Price $207,000 Average List Price $203,491 Total Inventory 107 Price per Square Foot $124 Average Home Size 1,614 Median Lot Size 5,097 Average # Beds 2.87 Average # Baths 1.60 Homes Absorbed 7 Newly Listed 3 Days on Market 115 Average Age 28 Median Price for homes in CINCINNATI, OH 45209 as of May 21, 2010 is $207,000 Inventory for homes in CINCINNATI, OH 45209 as of May 21, 2010 is 107 Average Days on Market for homes in CINCINNATI, OH 45209 as of May 21, 2010 is 115 Median... [more...]

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