Housing market with respect to new housing starts....

By Derek Tye

Real Estate Agent with The Tye Group 243495

February 26, 2009 02:43 AM

Here is the latest news on the housing market from Yahoo news and the AP today. New home sales are not just important to the builders but to all the sub-contractors and suppliers that depend on that income. The only good news out of this sad news is that fewer new homes built will result in less inventory out there to try and sell through. The number of new housing starts also reflects how confident both consumers and builders are with the economy's future and with this news it appears that both groups are far from confident. Hopefully we will see the number of housing starts increase in the next few months and the confidence in the market restore..

From our perspective at The Tye Group, we are still selling homes in Clermont County, Cincinnati Ohio and Northern Kentucky. We sold one house (one of our listings) for $350,000 last week in Goshen Ohio on Telford Farm and got an accepted contract on one of our listings in Eastgate (Union Township) last week that will close in March. Debbie, our buyers agent, also has a buyer with an accepted contract on a nice home in Clermont County closing in a couple of weeks. She also has a listing in Northern Kentucky that will close in early April.

Let us know if you or anyone that you know needs help with either buying or selling a home and we will help. We are still FULL-TIME Realtors.

If you have any direct needs or questions, please don't hesitate to call me directly at 513-478-3794. I can also refer you to a lender to get a great interest rate on your home.

Have a great day!
Derek Tye

Derek Tye has been an influential Realtor in the Greater Cincinnati Ohio Market for over 4 years. For more information about our Greater Cincinnati Ohio Real Estate services we offer please call us at 513-732-2720 or visit our website at www.CincyOhioHomes.com . Don't miss our Testimonials!