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For Sale: $385,000

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Cincinnati Team

So Much to Do in Cincinnati

Cincinnati Summer Festivals                                                 

Italianfest - June 13-16

​Held in Festival Park Newport along Riverboat Row, Italianfest brings authentic Italian food and live Italian music to the city.  Enjoy fireworks on opening night.  Activites will include cooking contests, games and rides for the kids.

Goettafest - June 14-16

MainStrasse Village in Covington again brings the German immigrants' favorite, Goetta, to pizza, chili, burgers, and more.  Everyone will enjoy the children's activities, arts and crafts, music and entertainment.

PaddlefestJune 20-22Paddlefest

As the paddling capital of the United States, the Ohio River Paddlefest is the largest canoe / kayak paddling event in the Midwest.  Coney Island is going to be abuzz with activity. The weekend begins on Thursday with the Kids Outdoor Expo.  They have set up four villages to expand kid's knowledge...Let's Explore, Let's Go Green, Let's Splash, and Let's Move.  Friday's activities feature the Ohio River Music and Outdoor Festival in the picnic grove. There will be music from 5 bands, cardboard boat races, a kayak fishing contest, Dragonfest and more.  Saturday is the big day for boaters; the 8.2 mile float trip, 11 mile canoe and kayak races and 5 mile SUP race all take place.  It all leads to the Gold Star Chili Finish Line Festival at Yeatman's Cove.

Pedalfest - June 22

Planned to coincide with Paddlefest, bike riders can choose two different opportunities.  One group will ride the Trail from Yeatman's Cove to Coney Island and paddle back to Yeatman's Cove.  Other riders will go from Yeatman's Cove to Lunken Airport Playfield and then on to Armleder Park and back in time for the Gold Star Chili finish line.  Everyone can look forward to hearing the Hickory Robot Bluegrass Band.

Panegyri Greek Festival - June 28-30

The Holy Trinity - St. Nicholas Greek Orthodox Church brings us the 39th annual festival.  Fill up on their incredible foods...saganaki, moussaka,, tiropites and baklava.  Immerse yourself in Greek culture, music and dance, shop for jewelry, leather goods, linens, art, and more.  There are also rides and games for the kids.  Free parking and shuttle from St. Xavier High School.

Anderson Township Parks Concerts - Thursdays       

Once again the Parks are sponsoring weekly concerts at 7 pm in Beech Acres Amphitheater.  Be sure to bring your blankets and chairs to enjoy being surrounded by friends and neighbors.  Concessions will be available for purchase, or bring your own picnic basket. Children must be 16 or accompanied by an adult. Concerts are all free.  

  • June 13 - Hickory Robot - bluegrass band
  • June 20 - Stagger Lee Band - classic Rock and country music
  • June 27 - Robin Lacy and DeZydeco - New Orleans R & B, Creole Funk and Blues
  • July 11 - Shoot out the Lights - Rock / Americana
  • July 18 - Slim Tempo and the ChangeUps - Classic Rock

​​Carnegie Center of Columbia Township Summer Camps  

The Carnegie Center, located in Columbia Township, is one of the many donated over the years by Andrew Carnegie. It was designed by the renowned architectural firm of Samuel Hannaford. The Beaux Arts building has large, arched windows, 22-foot ceilings, patterned wood floors and is flooded with light. It was a public library until 1959 and is now directed by the Columbia Tusculum Neighborhood Association.

Partly due to a donation from Artsworks, they are bringing many activities and summer camps to the area this summer.  There is something for almost any interest.  Consider summer chess, salsa, island, or hip hop dancing, Hindu arts and movement, or Nigerian Drumming.  The Art Academy is teaching classes in Narrative Painting, Comic Drawing, and Figure drawing.  Next year the Playhouse in the Park will also be bringing two of their Off the Hill productions (January 19 and May 18th)

To find out more about the activities that will set the building to humming this year, see their website.

 

Good News about Cincinnati

Cincinnati Among Fittest Metro Areas                          girl running in Park

According to an analysis of the 50 most populous metropolitan areas in the nation, Cincinnati was ranked 13th most healthy and fittest city in the US.  The American College of Sports Medicine released its American Fitness Index based upon a number of health behaviors.  

Analyzed were issues such as smoking, exercise, obesity rates, chronic health problems and access to health care.  These behaviors were linked up with environmental factors such as availability of parks, recreational facilities, walking trails, and farmer's markets.

Minneapolis, ranked number one, spends double the money on parks per capita as some other cities.  When asked how cities can improve their rankings, Walt Thompson, chairman of the advisory board that created the index suggested smoking bans not only in buildings, but in all public places such as parks and outdoor eating areas of restaurants.  Additionally, he recommended required physical education for kids through high school.

Local Restaurants Take Honors                                            

Urbanspoon released its list of top restaurants in Cincinnati.   The crowdsourcing restaurant review site regularly produces a list of 200 nationally popular restaurants.  Included this year are Terry's Turf Club, Nada, Adriatico's Pizza, A.Tavola, Bakersfield, Senate, and Taste of Belgium.

Travel and Leisure Magazine also listed Jeff Ruby's Precinct restaurant among the "Best Steakhouses in the U.S."  They were lauded for their location in a former police patrol house and for their popularity with local sports stars and visiting celebrities. 

Cincinnati Named Top "Unexpected Place for Innovation"

Cincinnati was listed in the "Ten Most Unexpected Cities for High-Tech Innovation" list by Techie.com.  Dan Blacharski, editor-in-chief, called the city "the perfect destination with low cost of living, excellent infrastructure and an abundance of talent."  They also indicated that they would expect the high-technology sector to grow because the city employers including P&G, Kroger, Macy's and others encourage innovators to take advantage of the city's resources and culture.

Other cities named to the list were: Chattanooga, Detroit, Des Moines, Las Vegas, Milwaukee, New Orleans, Portland, Rochester and South Bend.

Cincinnati Real Estate Market News and Analysis

Cincinnati's Housing Market Improves

Kevin Kelly, Cincinnati Area Board of Realtors President, said "We continue to see home sales increasing and home prices continue to see positive momentum.  Fewer homes on the market and low interest rates continue to attract more buyers."

 

Closings for April were up 24% and the sale price is up 5.5%.  For the past 22 months, Cincinnati has seen increased sales.  The inventory of homes for sale has declined 15% over April a year ago.  This means that if priced correctly and in good condition, homes are likely to sell faster.

 

EXISTING-HOME SALES UP 9.7%

Existing-home sale activity is up 9.7 percent over the 4.53 million-unit level in April 2012, according to a recent report by the National Association of REALTORS (NAR). Existing-home sales, which include recently purchased single family, townhomes, condominiums, and co-ops are currently on pace to reach 4.97 million annual units, up from 4.94 million in March.

Existing Home Sales By Region

NAR chief economist Lawrence Yun said the market is in full recovery. "The robust housing market recovery is occurring in spite of tight access to credit and limited inventory. Without these frictions, existing-home sales easily would be well above the 5-million unit pace," he said. "Buyer traffic is 31 percent stronger than a year ago, but sales are running only about 10 percent higher. It’s become quite clear that the only way to tame price growth to a manageable, healthy pace is higher levels of new home construction."

Current existing-home sales are at their highest pace since November 2009, when the home buyer tax credit was available. Total monthly sales have improved over their year-ago levels for 22 consecutive months, while prices have risen 14 consecutive months over their year-ago levels.

Selling Opportunities Exist                                                

Sellers, you have an excellent opportunity to sell your home this season if you have the right pricing strategy in place from the start! Studies show that the longer a property stays on the market, the less the seller will net upon the sale. It is very important to price your property at a competitive market value at the signing of your listing contract. The market is so competitive that even over-pricing by a few thousand dollars could mean that your house will not sell.

An Overpriced Home:
· Minimizes offers
· Lowers agents response
· Limits qualified buyers
· Lowers showings
· Lowers prospects
· Limits financing
· Wastes advertising dollars
· Nets less for the seller

When you are ready, contact us today for a personal market value analysis of your home. No hassles or obligation - just honest advice on how to get top dollar for your home!

Whether You Are Looking to Sell today or are thinking of selling tomorrow, please feel free to call and ask for an analysis of recent market activity.  We would be more than happy to answer any questions you might have.

Contact Information

Photo of The Cincinnati Team - Saralou & Mary Real Estate
The Cincinnati Team - Saralou & Mary
RE/MAX Preferred Group
3522 Erie Avenue
Cincinnati OH 45208
Saralou: 513-646-4819/Mary: 513-310-4448
Fax: 513-842-7892

Last modified: 3/15/10