Wealth Finance

The local Cincinnati real estate market is surging up almost 33% year over last. The impacting factors are many and varried but the bottom line is that sales are up substantially from this time a year ago. As a Cincinnati Realtor I am analyzing the local and regional activity trrying to identify a pattern in this so as to beter serve my clients.

On the buying side Iam encouraging faster action if they see current inventory they like. If they have a preapproval letter they should consider what is out there now or be patient. The spring inventory will arrive sooner than latter in 2010 because of the tax credit. For buyers looking to buy a foreclosure I am suggesting 110% listing price offers for foreclosures and ask for NO CLOSING COSTS! Nothing ruins your chances for a foreclosure like a list price offer and then asking for 4% back in closing costs.

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