July 2022 Greater Cincinnati Luxury Real Estate Market Report
July 2022 Greater Cincinnati Luxury Real Estate Market Report
Median price ticked down a small amount and the average days on market increased by six days. Total quantity of luxury homes that sold did drop by 22%. Whether this trend holds remains to be seen. Mortgage interest rates have settles in the mid-5 range for convention mortgages. For jumbo mortgages rates are also in the mid-5 range for a 30 year fixed mortgage.
- July 2022 Housing Market Update - Take a look at how the housing market has been performing in various parts of the US.
- New Home Prices On A Downward Trend - Will the trend continue of new home prices going down? Time will tell.
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