Comments on: Home Inventory In Cincinnati; a 24 Month Review - Time to Upgrade http://www.cincinnatilivingonline.com/2007/11/home-inventory-in-cincinnati-a-24-month-review-time-to-upgrade.html Alison Moss's Real Estate blog talking about Cincinnat, Hyde Park, Mason, and other Ohio cities. Wed, 07 Jan 2009 00:59:43 +0000 http://wordpress.org/?v=2.5.1 By: Cincinnati Living Online http://www.cincinnatilivingonline.com/2007/11/home-inventory-in-cincinnati-a-24-month-review-time-to-upgrade.html#comment-14 Cincinnati Living Online Mon, 25 Feb 2008 16:03:01 +0000 http://www.cincinnatilivingonline.com/?p=13#comment-14 <strong>Cincinnati Home Sales - Days On Market</strong> Part of being a good real estate agent is understanding how to price a home to sell. The facts are that if your home is initially priced correctly it will sell and not languish on the market. Looking at the... Cincinnati Home Sales - Days On Market

Part of being a good real estate agent is understanding how to price a home to sell. The facts are that if your home is initially priced correctly it will sell and not languish on the market. Looking at the…

]]> By: Alison W Moss http://www.cincinnatilivingonline.com/2007/11/home-inventory-in-cincinnati-a-24-month-review-time-to-upgrade.html#comment-13 Alison W Moss Sat, 08 Dec 2007 21:31:28 +0000 http://www.cincinnatilivingonline.com/?p=13#comment-13 I got the root of the discrepancy. The number that you are quoting in your comment is for the greater Cincinnati-Middletown area and the numbers that I quote in the post are for Cincinnati. They are two different reporting areas in the website. I got the root of the discrepancy. The number that you are quoting in your comment is for the greater Cincinnati-Middletown area and the numbers that I quote in the post are for Cincinnati. They are two different reporting areas in the website.

]]> By: Alison W Moss http://www.cincinnatilivingonline.com/2007/11/home-inventory-in-cincinnati-a-24-month-review-time-to-upgrade.html#comment-12 Alison W Moss Sat, 08 Dec 2007 21:19:01 +0000 http://www.cincinnatilivingonline.com/?p=13#comment-12 You make a great point. Luxury was probably a less than ideal word choice. And you are right some areas you can barley get a bungalow for $240K, but in the suburbs you can find 4 bedrooms and 2 baths for that. I am not suggesting upgrading for the sake of up grading, but if you have 5 kids a Mercedes and a Honda do an equally bad job of taking them all around, you need a bigger vehicle. I am going to edit the post to better reflect my ideas. As far as the incongruity in the data ... I cut an pasted the char right off of the website. The hyperlink was straight to metrics page but if it is Java based it may give you a more general landing page. You make a great point. Luxury was probably a less than ideal word choice. And you are right some areas you can barley get a bungalow for $240K, but in the suburbs you can find 4 bedrooms and 2 baths for that. I am not suggesting upgrading for the sake of up grading, but if you have 5 kids a Mercedes and a Honda do an equally bad job of taking them all around, you need a bigger vehicle. I am going to edit the post to better reflect my ideas. As far as the incongruity in the data … I cut an pasted the char right off of the website. The hyperlink was straight to metrics page but if it is Java based it may give you a more general landing page.

]]> By: Alison W Moss http://www.cincinnatilivingonline.com/2007/11/home-inventory-in-cincinnati-a-24-month-review-time-to-upgrade.html#comment-11 Alison W Moss Sat, 08 Dec 2007 21:13:00 +0000 http://www.cincinnatilivingonline.com/?p=13#comment-11 Britton I am sorry you had a hard time commenting. I'll look into it. I know MT can be cumbersome at times to get an account. We are trying to encourage openid and again I'm sorry that it gave you such a hard time. Britton I am sorry you had a hard time commenting. I’ll look into it. I know MT can be cumbersome at times to get an account. We are trying to encourage openid and again I’m sorry that it gave you such a hard time.

]]> By: brittonfraley.wordpress.com http://www.cincinnatilivingonline.com/2007/11/home-inventory-in-cincinnati-a-24-month-review-time-to-upgrade.html#comment-10 brittonfraley.wordpress.com Thu, 06 Dec 2007 19:42:52 +0000 http://www.cincinnatilivingonline.com/?p=13#comment-10 More more thing, commenting on your blog was very difficult. The moveable type create new account feature didn't create an account, and even after going to typekey.com and creating an account there, it still will not authenticate from your blog. To comment using openid required creating an account at wordpress.com, creating a blog at wordpress.com, and staying logged in at wordpress.com before I could login to comment at your site. More more thing, commenting on your blog was very difficult. The moveable type create new account feature didn’t create an account, and even after going to typekey.com and creating an account there, it still will not authenticate from your blog. To comment using openid required creating an account at wordpress.com, creating a blog at wordpress.com, and staying logged in at wordpress.com before I could login to comment at your site.

]]> By: brittonfraley.wordpress.com http://www.cincinnatilivingonline.com/2007/11/home-inventory-in-cincinnati-a-24-month-review-time-to-upgrade.html#comment-9 brittonfraley.wordpress.com Thu, 06 Dec 2007 19:40:20 +0000 http://www.cincinnatilivingonline.com/?p=13#comment-9 This blog entry is factually flawed. According to your own source, housingtracker.net, which BTW tracks ASKING prices, not SELLING prices, the inventory of unsold homes for sale by MLS in Cincinnati is: 12/2007: 18,479 12/2006: 17,178 That's a difference of +1301, or +7.6%, not the +64 and +.5% you site. That is a tremendous jump. I'm not sure where you got that data from either as you quote the inventory as 11,415 as of 11/28/2007. Regarding upgrading to a luxury home for $90,000, since when is a 240k home considered "luxury"? 240k will barely get you a 3 bedroom, 1 bath home in East Hyde Park. I wouldn't call that a luxury home. Following that logic, I suppose I should buy a Mercedes instead of a Honda if the Honda has decreased in price less than the Mercedes? In any case upgrading isn't an option for a lot of people since the credit market bubble has burst, and it requires selling your existing home first in a stagnant market. This blog entry is factually flawed.

According to your own source, housingtracker.net, which BTW tracks ASKING prices, not SELLING prices, the inventory of unsold homes for sale by MLS in Cincinnati is:

12/2007: 18,479
12/2006: 17,178

That’s a difference of +1301, or +7.6%, not the +64 and +.5% you site. That is a tremendous jump. I’m not sure where you got that data from either as you quote the inventory as 11,415 as of 11/28/2007.

Regarding upgrading to a luxury home for $90,000, since when is a 240k home considered “luxury”? 240k will barely get you a 3 bedroom, 1 bath home in East Hyde Park. I wouldn’t call that a luxury home. Following that logic, I suppose I should buy a Mercedes instead of a Honda if the Honda has decreased in price less than the Mercedes?

In any case upgrading isn’t an option for a lot of people since the credit market bubble has burst, and it requires selling your existing home first in a stagnant market.

]]>