A lot of sellers in Southwest Ohio have not adjusted their asking prices to TODAY'S fair market value. Supply FAR exceeds demand! Lower your prices! If you purchased your home within the last few years and now you are forced to sell, you will have to take a loss. If you leave your house vacant and have to pay taxes and other maintanence costs, you will continue to lose over the course of time.
The only way to buy right now is to buy low. AT LEAST 10% LESS than what the seller paid if they purchased within the last few years. AT LEAST. Remember basic economics: when supply exceeds demand, lower price. It is basic. I sound like a broken record...just make sure you BUY LOW!
Your price range will also help dictate the best bang for the buck. It is a large area and a good choice of properties in all price ranges. Remember, a great property that is priced appropriately will generally sell quickly and not be subject to low ball offers.
Hope this helps and would love to help you in your search!
With a condo, you do own part of the property (usually the interior walls, floors, and ceiling). Often you will be charged an additional monthly fee for the outdoor maintenance to the exterior of your condo. However, the advantage is you donâ€™t have to cut the grass! If you have a very active lifestyle, this might be the perfect option. Looking for amenities? Condos often have tennis courts, swimming pools, club houses, etc.
And yesâ€”this is a fabulous time to buy a home. Many sellers are reducing their properties drastically to sell in this market. This creates opportunities for buyers. I would suggest you find a Realtor to help you with the home buying process. A competent Realtor will be able to sit down with you and go over exactly what you are looking for in a home, and this Realtor will be able to help you with your search. Find a Realtor who has a strong negotiating background and a lot of positive referrals from past clients. Iâ€™d even suggest that you find a Realtor who has the ABR designation. To sum it up, there are wonderful opportunities right now for buyers. Please feel free to contact me with any other questions directly.
Yes, it is absolutely a good time to buy--there are lots of choices and the prices have come down from the peak sellers' market period. Money magazine actually recently remarked (paraphrase-) that Cincinnati is one of the top places to buy. Being a very stable city with a host of Fortune 500 companies headquartered here, we don't experience high highs and low lows like some areas of the country , making Cincinnati a safer buying decision. And, really . . . would you rather pay rent?
You may also want to look in West Chester, Deerfield Township, Liberty Township, and Lebanon for a good selection of properties.