Thursday, January 23, 2020

January Real Estate Newsletter



Welcome to the HT Group January Newsletter. We aim to provide informational and fun information related to the Cincinatti Metro market!

2019 Sales Surpass 2018.

2019 December home sales found strength and soared, up + 11.4% compared to December a year ago.  Home sales this month were 1,861 compared to 1,670 in December 2018.  Total Home Sales for 2019 exceeded 2018 by 0.43% or 25,751 in 2019 compared to 25,641 in 2018.

"2019 ended with the housing market remaining strong and affordable," said Kelly Meyer, President of the Cincinnati Area Board of Realtors. "Our low interest rates, reasonable prices and a constantly rotating inventory provides us the perfect mix to help keep Cincinnati amongst the most affordable places nationwide to live.  Our  region continues to experience business growth and an influx of young and established families moving into Greater Cincinnati," said Meyer.

 

Local home mortgage rates in December averaged 3.66% for a 30-year fixed rate loan.  The rates were down compared to 4.81% a year ago.  At these fixed rates, the monthly principal and interest payment on a $100,000 home loan with no money down would be approximately $458. (CABR.org)

Krohn Conservatory is well known for their butterfly exhibit but did you know they have a permanent display open now through March 8 from 10-5pm (closed Mondays).

It is a great way to explore over 3500 plant species from around the world! Visit https://www.cincinnatiparks.com/krohn/ for more information!
Ready to find your next dream home? Give us a call!
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