The Realty Times published an article last month indicating that the bottom of the real estate market is in sight. This is good news as the busy season is just on the horizon. Spring home inventories are entering the market right now and buyers are in a great position with interest rates lingering around the 5% mark for a 30 year fixed and in the high 4%’s for a 15 year fixed. These record low interest rates coupled with the amount of inventory on the market are good news for home buyers.
For people looking to sell their homes, the news is positive as well. The most important strategy for home sellers is to price the home properly initially. Homes in some Cincinnati Neighborhoods have increased in value over the past couple of years. I have the information by zipcode. If you are curious about homes in your zip code please email me at alison.moss@comey.com with your zip code and I will provide you with that information.
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