Cincinnati Housing Stats for the Last 9 Years
Written by Jennifer Cox on January 4, 2010
New Numbers for a New Year!
Hello all! It’s been crazy- busy at our home, and I’m sure at yours too. I hate to be a cliché and write about looking back, and looking forward, but hey, it’s January of a new year. What can I say? Read more
Greater Cincinnati Luxury Market Update – Multiple Listing Service Stats
Written by Jennifer Cox on November 19, 2009
Stalled Luxury Home Sales
A few months ago I gave you information about the upscale housing market in the Greater Cincinnati area. Those areas included Butler, Warren, Hamilton and Clermont counties. We discussed the Jumbo Mortgage Market, and how tight control on the interest rates for the luxury home market may be slowing the housing market, at the “grass roots” level.
I just put together an update with closed sales stats through November 15, 2009. I thought you might like an update. Read more
Greater Cincinnati Real Estate Single Family Sales Stats – 2009 to Date
Written by Jennifer Cox on November 3, 2009
Our "leaf lawn"
Did you see that gorgeous full moon last night? It was a beautiful sight. I love the chilly nights and cool days. The leaves are everywhere! I have to confess: We don’t do a great job of raking at our house. Never have and probably never will. We just like the look of the scattered leaves. I am glad to see that several of our neighbors do too. We aren’t the only house on the block with a “leaf lawn”. Read more
Greater Cincinnati Summer Real Estate Stats – 2009
Written by Jennifer Cox on September 9, 2009
Back to school in Cincinnati!
“Do you have any lunch money?” “What should I wear tomorrow Mom?” “ Are my new jeans clean?”
School is back in session and there is a new rhythm to life. The kids’ new clothes are hanging in the closet ready for the cool, brisk fall air. The school buses are out and running, classes are in session and it’s all about the Friday night football. Read more
Greater Cincinnati Market Trends – August 2009
Written by Jennifer Cox on August 12, 2009
There is always quite a bit of discussion about the current real estate market, whether it’s “around the water cooler”, or headlines on the national news. I think that it is important to cut through the misinformation, and dissect the headlines. All real estate markets are different, even within one market area, such as Greater Cincinnati. For instance, Union Township in Clermont County is experiencing a different market than Hyde Park, or Madeira. There has been a drop in average home prices in Milford and Mason, but Oakley has held steady. Read more
Once Upon a Time, In a Land Far Away, The Re-Fi Appraisal Wasn’t So Deadly
Written by Jennifer Cox on June 28, 2009
Once upon a time (13 years ago), in a far away land (east side of Cincinnati) lived a beautiful princess (well, I’m “ok” looking, but certainly no princess). The beautiful princess wanted to help nice people live in pretty castles. When it came time for nice people to sell their castle, the princess wanted to make sure her nice clients took home plenty of gold coins as a result of the sale. The princess was a pretty quick learner, and very quickly became a trusted expert in castle buying and selling in the far away land. Then, one day, a terrible darkness fell across the land. Suddenly, the castles were not selling quickly, or for as much coin! Suddenly the nice people were cranky! They didn’t like what the princess would show them! Some sounded distinctly like grumbling dragons when they spoke to her after reviewing numbers and hard evidence that the castle market was slowing dramatically. Many wanted to send her to the dungeon. Others just tossed her off the highest turret. She often landed in the moat and her princess frocks would be soiled. Read more
Request Your Free Copy – Clifton Real Estate Report
Written by Bryan Casteel on June 20, 2009
Free Special Report on Clifton Gas Light Real Estate
Do you want to know what has been happening to real estate in Clifton Gas Light? If so, this is the report for you!
My name is Bryan Casteel and I live in the Clifton area and I am a real estate agent with RE/MAX Unlimited. Along with my Marketing Manager at my real estate team, The RealCincy Group, we just finished analyzing all the sales from the Greater Cincinnati MLS that have occurred in the Clifton Gas Light District since 1993 (almost 17 years of sales!).
We looked at prices trends, days on market, foreclosures and more. Out of this effort, we have produced the Clifton Real Estate Report. Read more
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
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
