The Cincinnati Enquirer featured a front-page story about the real estate market on Sunday, May 17, 2015. Reporters Bowedya Tweh and Emilie Eaton interviewed Sibcy Cline president Rob Sibcy as well as Hyde Park agent Julie Back about current market conditions.
Although some communities have not reached their housing values from 2007, quite a few have recovered including Colerain Township, Hyde Park, Mason, Middletown, Mt. Lookout, Northside, Springfield Township West, Symmes Township and Wyoming. With a pent up demand for homes, buyers are eager to find that dream home and have created a brisk sales market in many communities. Some homes sell within hours of being listed with multiple offers.
Quotes From the Article
“The quick sale pace has given the market an energy he hasn’t seen in years. And he thinks it makes sense, because people can only delay home sales and purchases for so long…” –Rob Sibcy
“Cincinnati neighborhoods are seeing higher levels of sales and interest…. Younger buyers especially want to live in urban areas such as Downtown and Over-the-Rhine. But if they can’t afford those places, they’ll look in neighborhoods such as Kennedy Heights.” –Julie Back
Read the article here.