Just came back from my office's monthly sales meeting.  My manager shared a statistical report with us showing how average prices in our area for the summer quarter compared with the same time period last year.  It was obvious that prices are down--especially for condos.  What a tragedy for those who are trying to sell their condo, especially if they wanted to use their equity to get into a single family home!  On the other hand, if you're a buyer in the market, there's a heckuva sale going on!

The other thing the stats pointed out was that not all areas of the Cincinnati metropolitan area are seeing the same type of market.  Inner belt neighborhoods seem to be much more stable than the suburbs at this point.  I suppose that may have to do with the older area's limited supply of homes as opposed to the suburbs where contruction is busily turning out more and more units, but it's interesting to me that most cities die from the inside, and right now Cincinnati is enjoying something of an urban renewal.