Data Dont Lie

Dated: December 2 2020

Views: 596

My buyer clients ask me “Can I get big discount on this property?” . My answer to Mr and Ms.Buyer is “you can’t low ball your offer especially in this market” and I show them list of sold properties on MLS for the past month in and around Cincinnati, most of them sold at the list price or above the list price especially in Mason area.

One of my client is looking to buy Townhouse and condos in Mason, Ohio area as an Investment properties , I showed at least 8 properties as soon as they hit the market .When we try to put an offer on these properties they either went to “pending”  or listing agent has multiple offers with above the list price. This is frustrating to my clients as they couldn't buy the property they loved!!

Data from Cincinnati board of realtors :” “Real estate sales in Cincinnati are “OFF the CHARTS” as a result of low inventory, low interest rates and the number of buyers,” said Kelly Meyer, President of the Cincinnati Area Board of Realtors. For a second month in a row, Cincinnati was rated as one of the fastest markets for selling homes in the nation, mainly due to its affordability and low interest rates,” said Meyer. “We are in unique times with such a pent-up demand for housing. If you want to buy or sell, now is the time to get involved.”” (Source : CABR.org)

My advice to buyers : “Don’t procrastinate”, take your Realtor advise seriously!!

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Surya Basava

I'm Surya Basava Realtor at plumtree realty. If you are looking for an agent who works for you , has a good understanding of real estate trends, property values in your area then you came to the right....

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