By Jason Bowman, CRS

The coming year in our Cincinnati real estate market is shaping up again to be a good year to be a buyer.  Our surplus of inventory on the market is going to afford buyer's the opportunity to by more home for their money than anytime in the past 5 years.  With increasing foreclosures and extremely motivated builder's slashing new home prices, this Spring will be the time to upgrade to the home you have been dreaming of.

     Despite the doom and gloom showcased nightly on evening news programs, we have a lot to be thankful for in the Greater Cincinnati area.  In a recent press release by the Cincinnati Area Board or Realtors, pending sales for the month of November were off by 8% locally when compared to 2006.  Pending sales for the month of November were off 19% nationwide.  Seller's who are willing to price their home in line with the current market are still finding buyer's in a reasonable amount of time.  Of the twelve listings in my personal inventory during the last quarter of 2007, all but two have sold or are pending.

      Forbes magazine recently ranked Cincinnati among the top ten most stable real estate markets in the country.  You simply can't find a better long term in investment for your family.  As the mantra used by real estate investors goes: "You make your money when you buy".

       If you are considering taking advantage of today's buyer's market, but you have a home that you must sell first, there is help.  Go to www.PriceMyCincinnatiHome.com to get a market price update on your current home.  This site gives you the sales data used by Realtors to determine the market value of your home.