Wednesday, September 2, 2020 / by Bill Gabbard
CINCINNATI & DAYTON AREA REAL ESTATE
MARKET UPDATE: WEEK 35 OF 2020
HOME VALUE LINK
Shelene Hesse with the Bill Gabbard Group at Keller Williams Associate partners is here with your weekly market update for week 35, August 24th through the 30th. In the Cincinnati area 306 active listings were added, 557 properties went pending, and 506 properties were sold. In the Dayton area 199 active listings were added, 227 properties went pending , and 321 properties were sold. The Bill Gabbard Group itself had a great week as well. We had 6 properties go pending and 3 that sold.
Interest rates have fallen EVEN LOWER in the past week, as much as .8% for qualified buyers, making it an EVEN BETTER time to purchase a new home. With these low interest rates, buyers are able to spend an average of $32,000 more on a home than they could last year while keeping the monthly mortgage payment the same. The Bill Gabbard Group has great lenders ready to assist you through this process and can be conveniently found on our website at www.billgabbardgroup.com. Take care of yourself and take care of each other.