Cincinnati: Rated One of the Top 6 Cities for Steady Home Prices for 2008
CNNMoney.com did a study to find the cities where home prices are likely to rise the most - or fall the least - over the next 12 months. The top six cities were: Atlanta, Boston, CINCINNATI, Cleveland, Detroit, and Houston.
The article states that the reason Cincinnati appears on this list is a result of the city’s manufacturing-heavy economy which should benefit from the falling dollar. Commercial building is up, and high-end developments are moving in. Some of these developments include The Banks Project, The Gateway Quarter, and other 3CDC downtown projects are contributing to the local economy. Other notable development in the suburbs include Kenwood Towne Place, Nordstrom that is being constructed at the Kenwood Towne Centre, and the recent addition of IKEA in West Chester.
Tags: Development, Downtown Cincinnati, economy, gateway quarter, ikea, Kenwood, nordstrom
Cincinnati: Rated One of the Top 6 Cities for Steady Home Prices for 2008 - Cincinnati Living Online
CNN money names the six cities where home prices will appreciate the most and decrease the least for the next 12 months.
[...] we wrote in the article Cincinnati: Rated One of the Top 6 Cities for Steady Home Prices for 2008, buying a home in Cincinnati makes good financial sense for three major reasons: 1) Good Inventory [...]
[...] we wrote in the article Cincinnati: Rated One of the Top 6 Cities for Steady Home Prices for 2008, buying a home in Cincinnati makes good financial sense. According to Money Magazine, here are [...]
[...] helps to return demand to a steady level. It is this relatively static demand that has given Cincinnati real estate has historically appreciated 2% each year. Although modest, it is steady and the recent positive changes in the short term market point to [...]
[...] This article written by Seth Weismann of Atlanta Life Magazine provides a perspective on the current real estate market in Atlanta, but the most of same principles hold true in the Cincinnati market. In April of 2008, there is research that names Cincinnati as one of the top six cities for steady real estate prices in 2008. [...]