The spring selling season has begun at full speed. Inventory in certain price ranges continues to be light and homes that do come to market and are both priced correctly and are in good shape are finding multiple offers submitted within the first day or two of being on the market. Higher interest rates are pressuring buyers and sellers alike and causing weakness in some high end luxury markets around the U.S..
Additional Reading:
- Construction Spending Weak at MishTalk.com
- Best & Worst Markets To Sell A Luxury Home at New York Real Estate News
- New York Luxury Real Estate Market In Correction Territory at CNBC.com
About the author: The above graphic was provided by Luxury Real Estate Specialist Paul Sian. Paul can be reached at paul@CinciNKYRealEstate.com or by phone at 513-560-8002. If you’re thinking of selling or buying your investment or commercial business property I would love to share my marketing knowledge and expertise to help you. Contact me today!
I work in the following Greater Cincinnati, OH and Northern KY areas: Alexandria, Amberly, Amelia, Anderson Township, Cincinnati, Batavia, Blue Ash, Covington, Edgewood, Florence, Fort Mitchell, Fort Thomas, Hebron, Hyde Park, Indian Hill, Kenwood, Madeira, Mariemont, Milford, Montgomery, Mt. Washington, Newport, Newtown, Norwood, Taylor Mill, Terrace Park, Union Township, and Villa Hills.
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