October 2022 Greater Cincinnati Luxury Real Estate Market Report
Posted by Paul Sian on Thursday, November 3, 2022 at 9:00 PM By Paul Sian / November 3, 2022 Comment
October 2022 Greater Cincinnati Real Estate Luxury Market Report
Mortgage rates have reached 14 year highs and are averaging around 7% for buyers. Jumbo mortgages for those buying luxury homes are in the high 6 low 7 percent range. Average days on market have increased as homes are sitting for longer due to fewer buyers wanting to buy with the current rates.
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