Here we are bringing May of 2010 to a close. The state of Cincinnati and Northern Kentucky real estate has not been a great one so far this year. The state of the condo market...especially the luxury condo market is almost non existant. I have not seen any new sales of luxury condos such as the Ascent in Covington, Ky., SouthShore in Newport, Ky., Harbour Greene in Bellevue, Ky., and Adams Crossing over in Cincinnati. There have been a few short sales, but overall the market seems to be on life support. Some of the sellers of the many luxury condos on the market have been fortunate and have leased their units out for the time being, until hopefully soon...when the market may turn around.
As far as single family homes selling in the Cincinnati and Northern Kentucky real estate market so far this year..Thank you Uncle Sam for the tax credits...But they are gone now...hopefully we will see an uptick in the housing market that will have some legs and not just be a temporary band aid. There are lots of short sales and foreclosures..Hopefully when this part of the housing inventory gets whittled down, we can see business get back to normal and let prices start to go back up.
I don't mean to sound down on the housing industry..I just call it as I see it.
About Me
- Sandy
- Cincinnati, Hyde Park, Mt. Adams,Indian Hill, Amberley Village, Montgomery, Kenwood, Mason, West Chester, Covington, Newport, Park Hills, Villa Hills, Ft. Wright, Ft. Thomas, Ft. Mitchell, Florence, Cincinnati, Ohio and Northern Kentucky, United States
- Sandy began his real estate career as a residential loan officer. He soon realized he enjoyed being more directly involved in the process of helping clients buy and sell real estate, and he obtained his real estate sales licenses in 2002. Sandy is licensed in both Ohio and Kentucky and is associated with Re/Max Preferred Group. Sandy was named to the Ohio Association of Realtors´ President´s Sales Club in 2004, 2005,2006,2007,2009, and 2010. Additionally, In the September issue of Cincinnati Magazine, Sandy was one of 250 (out of 6000) Super Real Estate Agents in 2005 in the Greater Cincinnati and Northern Kentucky area. He enjoys working with buyers and sellers seeking all types of property, including existing single family homes, condominiums, new construction, investment properties, small commercial and multi-family units. Sandy enjoys the diversity of working with clients in all price ranges, and each client is given professional, dedicated personal service, no matter the size of a transaction!
No comments:
Post a Comment