Spacious Open 4 Br 3. bath 3 car garage, move in ready, Gourmet kitchen Double ovens with Morning room and rear deck overlooking private treed lot, 2 story entry with loft, Lower level with walkout and 9 foot pour.Great curb appeal and fantastic yard.
Some are attempting to compare the current housing market to the market leading up to the “boom and bust” that we experienced a decade ago. They look at price appreciation and conclude that we are on a similar trajectory, speeding toward another housing crisis.
However, there is a major difference between the two markets. Last decade, while demand was being artificially created by extremely loose lending standards, a tremendous amount of inventory was coming to the market to satisfy that demand. Below is a graph of the inventory of homes available for sale leading up to the 2008 crash.
A normal market should have approximately 6 months supply of housing inventory. As we can see, that number jumped to over 11 months supply leading up to the housing crisis. When questionable mortgage practices ceased, and demand dried up, there was a glut of inventory on the market which caused prices to drop as there was too much supply and not enough demand.
Today is radically different!
There are those who believe that low mortgage rates have created an artificial demand in the current market. They fear that if mortgage rates continue to rise, some of the current demand will dry up (which is a possibility).
However, if we look at supply again, we can see that the current supply of homes is well below the norm of 6 months.
We will not have a glut of inventory like we did back in 2008 and home values won’t come tumbling down. Instead, if demand weakens, we will return to a normal market (approximately a 6-month supply) with historic levels of appreciation (3.6% annually).
513-602-6000 | Kevin@DuffyRealtor.com
Listed at $125,000
Fantastic opportunity to live in a newly remodeled place. Both units with 1 bed, 1 bath, and walk in closet each. New appliances, hard wood floors refinished, and new bath downstairs . 4 car garage can be rented for extra income.
4 bed3 bath |2,218 sqft | $230,000
Beautiful 4 bedroom 2 story Awesome private wooded rear fenced yard. Huge 28 x 14 deck, High-end white cabinets, quartz countertops, Great views to backyard crown molding in all 1st-floor rooms*custom built-ins Brick wbfp with hearth,
Welcome home!This Stunning Polo Fields brick 2 story with 4BR &2.5 BA. Home features an open floor plan. Beautiful kitchen with granite counters and Cherry Oak Cabinets.Living room with huge windows for natural light with a cozy fireplace.Huge master suite and master bath with his and her sink, tub and shower.Covered front porch and stamped concrete rear patio.Unfinished lower level with rough in for a full bath.Well maintained home on a quiet street with great neighbors.
750 Dorgene Ln, Cincinnati, OH 45244
4 beds|2.5 baths| 2,428 sqft
Stylish home with resort-like backyard unlike any other in Polo Fields. Gorgeous two story foyer and expanded great room features a tranquil pond view. Updated hardwood flooring, carpet, and paint throughout. Tons of built-in storage in garage and basement. (Unfinished basement is plumbed and ready for custom touches.) An amazing home truly perfect for entertaining or enjoying peaceful nights at home.
East Fork Mountain Bike Trails by Kevin Duffy
4 beds |2.5 baths |4,071 sqft
Stunning & well maintained 4BR w/ great updates.Large and open with multiple family living spaces.updated kitchen including appliances, new carpet, bottom level finished with the bathroom, deck, roof replacement, expanded driveway with a walk.Huge master suite.Large deck looks upon backyard.Multi-room basement is great for recreation.
3 beds| bath|924 sqft
Beautifully updated tri-level 3BR & 2 Full BA, features an updated kitchen with top of the line cabinets, granite counters and stainless steel appliances. Dining with walkout to a large deck. Nice and cozy living room. Enjoy the quiet setting while still having the convenience of being close to local restaurants, shops, schools, and parks. This home is ready for you to move in.
4 beds| 2.5 baths
A nature lovers paradise! Gorgeous two story home situated in quiet cul de sac on a fenced half acre of serene, wooded walking paths and gardens. Home has been updated throughout by the original owners to include modern appliances and amenities. Private setting on a gorgeous landscaped lot in wonderful neighborhood.