Uncategorized June 26, 2024

How’s the real estate market in Cincinnati?

How’s the real estate market in Cincinnati?

This is a question we get several times a week and its not as simple to answer as you’d think. Real estate is all about timing, location, price and condition.

TIMING:

Usually, the best time to sell your home is when there is the most demand. In Cinicinnati, the most transactions occur in the months March thru July. Plenty of homes sell (we are talking 1000’s every month) in the other months but locally the grass is greener, flowers are prettier in the spring and summer months so we can see double the amount of transactions in the prime season.

LOCATION:

Some suburbs (Hyde Park, Oakley, Kenwood) and the best school districts (I’m not allowed to comment here) are always hot! Attractive shoping and dining along with where the kids go to school matters to most buyers.

PRICE:

Its seems the lower price points are always hot and for the past 3 years even the higher price points ($1m+) have been good! However, here in Cincinnati we are starting to see the higher price points slow down.
CONDITION:
If there is one tip that will help you overcome location, price or timeing it would be condition. It seems like 95% of buyers want to buy something that is in great condition. Give effort! Effort does not have to be new kitchens and baths, your home needs to be loved and maintained with some flavor.
As of today, the Cincinnati MLS (does not include NKY) has 2332 single family homes on the market. Lets compare this to the last 5 years at the end of June:
2024 – 2339
2023 – 1829
2022 – 2154
2021 – 1893
2020 – 2474
2018 – 2821
In conclusion, we are still at very low inventory levels. When i started in this business in 2008 we had inventory levels here in Cincinnati that ranged from 10,000 to 16,000 single family homes and condos. If you are thinking about selling and buying, we have many years of appreciation ahead of us here locally.
Uncategorized October 6, 2023

CincyMLS under Cyber Attack!

I wanted to give you a quick update to those of you who have asked about the Cincinnati Multiple Listing Service being down. As of Tuesday August 8th, the “cloud service provider” for our software system (Rappatoni)  has been under a deliberate cyber-attack (and apparently 40 cities across the country). This attack is blocking all 8,000 Realtors here in Cincinnati from accessing our MLS website.

How does this affect how we do business? The attack is stopping us Realtors from logging in and adding new listings, posting open houses, email buyer portals of new listings are not sending out, completing research for valuations and the list goes on and on.

Where do we go from here? Our local board of Realtors leadership is working diligently with our software provider and a new provider to get us back up in running. In the meantime, we are still selling homes via social media, blast emails and picking up the phone! We will keep you posted on the status of our MLS as soon as we are back up and running. In the meantime, see below for a list of our buyer needs!

Market Update – We are still at record low levels of inventory!

In July our MLS had 1,850 single family homes and condos available for sale. Compare this 1,850 to 16,000 and 12,000 in 2008 and 2011. We attribute this to a large number of millennials entering the market, the cost of new construction is really high and we now have many homeowners with very low, comfy interest rates! We expect appreciation to continue to occur for at least 3-5 years!

IF you are considering selling your home and would like to know the current value of your home please just reply and ask!

Uncategorized December 14, 2022

Why buy a home in Anderson Township

Hello all,

Happy Wednesday and welcome to our blog “Why Buy a home in Anderson Township.”

Thinking about a move to Anderson Township in Cincinnati Ohio? If so I’d love to help! I’ve been a resident in the Anderson area since 2003 and rank as the number 1 agent in Forest Hills schools in 2022 (Based on Volume via the Cincinnati MLS).

Take a look at my video to hear why you should buy a home in Anderson Township! In this video I will discuss with one of our preferred loan officers Scott Thompson info about:

  • the schools, our public school district in Anderson Township is known as Forest Hills Local Schools. The district has two high schools (Anderson and Turpin), 1 middle school (Nagel), 6 grade schools (Ayer, Maddux, Mercer, Summit, Sherwood, Wolfangel)
  • the golf courses
  • the parks of Anderson Township are run by The Anderson Park District, set up by a referendum in 1975! There are 11 parks in the township that consume over 500 acres of land!

Visit this link if you would like to search Anderson Township homes. The great part about searching for a home in Anderson Township is that there is something for everybody. We currently have several neighborhoods with plenty of lots available and even models under construction. If you are thinking about building a home, please call Jon 513.600.7231. Anderson is also lucky to have several unique Mid Century Modern and Contemporary Homes that can be found in many of the neighborhoods that were built in the 1970’s and 1980’s.

If you’d like to set up a time to meet, please call or email jon.decurtins@era.com for a free buyer or seller consultation. Our office – ERA Real Solutions Realty – is located in the heart of Anderson Township – 8404 Beechmont Ave, Cincinnati, oh 45255.

“with every house you get DeCurtins”