Things to do in Cincinnati – June
Written by Jennifer Cox on May 30, 2009
Cincinnati Ahead of National Market in Finding a Bottom
Written by Jennifer Cox on May 27, 2009
Sometimes it is good to be ahead of a bad curve. The good news is the Cincinnati area is ahead of the national averages in returning to historical price ranges (see our earlier post).
We took the S&P/Case Shiller Home price index from 1987 to 2009 and adjusted it for inflation. You will notice that before the bubble, home prices were in a defined historic range. The housing bubble that began around 1999 blew this historic price range away. Read more
Cincinnati Below Pre-Bubble Pricing
Written by Bryan Casteel on May 26, 2009
Click Graph to Enlarge
The historical price range of $163,000 to $171,000 was broken by the housing bubble that started in the late 1990s. The housing bubble peaked in 2005 when the average inflation adjusted price of a single family home was over $205,000. Read more
The Invisible Deck and the “Unfinished” Finished Basement
Written by Jennifer Cox on May 24, 2009
While we are at it, let’s imagine a pool in the yard, because this beautiful, private cull de sac lot is perfect for a pool! If we squint, we can imagine the gleaming hardwood vs. the beat up, 50 year old floors that haven’t been tended to since the home was built. There’s no dishwasher here, BUT you could put a dishwasher in. Don’t see a garage? No problem! There’s plenty of room to build a detached garage on the property. Is there a theme to this article? Absolutely.
You Must Sell What You Have. Don’t Try to Sell Your Vision Read more
Cincinnati’s Luxury Home Market- What Happened? Do I Care?
Written by Jennifer Cox on May 19, 2009
Go ahead. Admit it. You like to peek in the windows. It’s why each year Homearama draws a crowd. It’s why Robin Leach hosted Lifestyle’s of the Rich & Famous, prompting MTV to run “Cribs”. It’s why we flip through the internet photos of $1,000,000 plus homes online that we will certainly never occupy. It’s just fun and interesting to view the interior of luxury homes. To dream. To imagine. To steal decorating ideas for our more modest abode. Did you know that your Harvard educated brother –in-law and his physician wife will have a more difficult time obtaining a loan for their $1.5 million dream home, than you will for your lovely Polo Fields or Cherry Blossom move-up home? Tis’ true! Read more
