June numbers are in for Montgomery, Blue Ash, Symmes Township and Sycamore Township, all part of the Sycamore School district. For the month, 65 homes or condos were sold.  There are currently 406 homes actively on the market and 76 pending sales.                       Credit Suisse provides a monthly analysis of real estate traffic (showings) across the country.  The traffic index level dropped to levels not seen since the credit crisis began in late '08.  The sharp fall off in traffic was expected in May, but June only added to the slowdown.  The most worrisome aspect of their index is that the numbers continued to fall throughout the month. Along with that, the number of pending home sales across the country dropped 30% from May, 15% below May, 2009.  The number of closings will cont... 07/14/2010

Homes and condo sales continued at a brisk pace for May, 2010 in Montgomery, Blue Ash, Symmes Township and Sycamore Township (Sycamore School district).  59 homes closed in the month of May.  There are currently 80 homes pending closing and 396 homes and condos that are actively listed for sale.                        Troubling issues raised by the above graph show that we are approximately at average prices of homes and condos sold in 2005.  This is causing difficulties for people wanting to refinance in this time of extremely low mortgage rates.  It is also a problem for those with little equity in their home, who need to sell because of a relocation or change in family circumstances. According to Credit Suisse's monthly survey, traffic levels (number of visitors to homes for sale) ha... 06/29/2010

The Federal Tax Stimulus drove sales in April, 2010, pushing Buyers to purchase by April 30 and demanding that Sellers price their homes to sell.  Traffic exceeded the usual expectations of Realtors for the April time frame.  Additionally, prices improved in the lower price ranges.                       In fact, traffic was skewed to the lower end of the market.  First time buyers represented the majority of demand.  Homes listed for over $300,000 continue to be more difficult to sell than in the recent past. There are currently 291 active listings in these neighborhoods in the Sycamore School distirct.  There are 83 pending sales and 59 homes closed in April.  05/23/2010

There were 17 homes sold during the month of February in the Sycamore School District, including Montgomery, Blue Ash, Symmes Township and Sycamore Township. Additionally there are 68 pending sales.                         Every expectation indicates that the extension and expansion of the home buyer tax credit will help home sales in the first half of this year.  Pending sales are expected to increase as the April 30 deadline approaches for purchase contracts to be in place.  These contracts must close by June 30 to qualify for the $8000 or $6500 credits. But, what should we expect in the second half of the year?  Economists say that the health of the housing market will depend upon jobs.  The Gross Domestic Product is predicted to grow 3%, but jobs still show a mixed picture.  At this... 03/15/2010

The New Year is upon us and demand for homes is already showing up, especially in the lower, first-time buyer market.  Expectations are that the resell market will also see a benefit from the Federal Government Tax Stimulus. Numbers for the Montgomery, Blue Ash, Symmes Township and Sycamore Township neighborhoods in the Sycamore School district in Cincinnati, Ohio are posted for January.  The average of the 17 homes closed this month was $235,805, median was $155,000. The average home was on the market for 130 days.  There are currently 216 homes on the market and 53 pending closing.                         There is approximately 9.1 months of inventory available. A balanced market is considered to be 6 months of inventory.  February appears to be starting strong.  The Cincinnati Team's... 02/03/2010

With the statistics for Cincinnati real estate sales showing the end of the 2009 year, it is interesting to take a look at the graph showing the median and average sale prices for the past five years in Montgomery, Blue Ash, Sycamore Township and Symmes Township in the Sycamore School District.                                                                  Overall, in the Cincinnati area, demand has increased in the lower price levels due to the government stimulus incentives.  As a result, the number of sales prices in the lower levels have been increasing.  We are still seeing foreclosure activity and increasingly encountering short sales (where the sale price is not sufficient to cover the mortgage payoff and other costs).   Prices in the middle and upper ranges continue to be soft... 01/06/2010

This market analysis for the area of Sycamore Schools includes the areas of Montgomery, Blue Ash, Symmes Township and sycamore Township.  The entire area has been used to give you an adequate look at the areas that attract buyers to the Sycamore School district.  So what were the influences on the area in November and how did it fare compared to last year?                     The historic extension of the Homebuyers Tax Stimulus and the expansion to include homeowners who have owned their properties for at least five years has changed the outlook for real estate.  Economists had predicted that the improvement in home sales might decrease as soon as the rush to get in on the $8000 stimulus expired. As we chart new territory, it will be fascinating to see how sales respond when we can loo... 12/07/2009