Foreclosures in Town?
Posted by CityBlogOH on May 28th, 2007
Can anyone speak to the issue of foreclosures in Cincinnati, Ohio? Foreclosures are up around the country due to the sub-prime lending practices. Is there any foreclosure impact on real estate in Cincinnati?
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The housing market in Cincinnati, Ohio is not bad compared to the national average. We are down only 2.5%. The national average is around 19%. Yes, the foreclosures are up, but not drastically. There are alot of first time homebuyers moving in the market now because of the rates making it so easy for them to buy. Call the Cincy House Expert, Sheri today at 513-253-7156 for help in real estate. Thank you.