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The numbers are out in review of January 2010 - what homes sold in Cincinnati and what didn't. So here is the damage:
Residential sales for the month of Jan - 761, which is down -7.87% from the 826 that were closed in Jan of 2009.
Condo sales for January 2010 were 85, where is down -12.37% from 97 comparatively of January 2009. ...
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A quick look at the December 2009 sales report shows us that sales were up 2.5% for December and higher volume of sales over 2008 by 21 units. Hey, we'll take our good news when we can get it!
Check it out here: http://www2.cabr.org/files/homesalesdec2009.pdf
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When comparing home sales in Cincinnati Ohio there were 1,724 homes sold in October 2009 compared to 1,499 in October of 2008. That is an improvement of +15.01% while nationally home sales saw an increase of 23% from a year ago.
While good news - homes are selling - this is likely due to the first time home buyer tax credit, with the large ...
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