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7870 E. Kemper Road, Suite 100
Cincinnati, Ohio 45249
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I do know just from my own experience that if manufacturing starts to pick up that the real estate market will do so a few months later. This is what I have seen to be true over the last few months as far as manufacturing is concerned. Let us all keep our fingers crossed that what we are reading below will hold true and that the market will begin to turn for the better.
ShareFreddie Mac’s chief economist is optimistic that the housing market and economy will improve in the second half of 2011.
Freddie Mac Chief Economist Frank Nothaft said mortgage rates will likely remain historical lows of between 4.5 percent and 5 percent for the remainder of the year. Also, he expects more buyers to stop waiting on the sidelines as recent price drops in home prices have improved affordability.
Nothaft said consumers’ uncertainty about the economy has caused them to delay home purchases and other “big-ticket items.”
“Some potential buyers who have the means to buy are awaiting clearer signs that home values have firmed,” Nothaft says.
But Nothaft says they should be getting their signs in the second half of the year, with projected job gains, and a growing, improved economy.
“Even though near-term concerns over income and sales growth are restraining consumer spending, business hiring, and new building, a number of positive signs in the economy indicate that growth will continue and is likely to accelerate in the second half of this year,” Nothaft said. “Look for a gradual improvement in housing activity in the coming year.”
Source: “Freddie Mac Economist Sees Sunny Economy in Second Half,” HousingWire (June 27, 2011)
Read more:
▪ U.S. Recovery: ‘Housing’ or ‘Lending’ Illusion?
▪ Gear Up for a Housing Comeback
Licensed in Ohio
Parcel #1 is .886 Acres
Parcel #2 is 1.103 Acres
To be sold together as a package!
This shot is from the corner of Springdale Road and Daleview
looking West.
Looking East
Looking from Corner to South on Daleview
Cleared area.
Note: This property is currently zoned Residential.
Would need a Zoning Change for a 4-6 Unit Commercial Office Complex to be built.
Research has been done regarding the ability to build a 4-6 Unit Structure.
I have information on the requirements for a treatment works facility sized for one hundred thousand gallons per day or less. If you or anyone you know might be interested in this property I would be happy to share this information that I have collected.
The 4-6 Unit Commercial Office Complex would be placed on parcel 510 0230 0035 00.
The Sewage Treatment Plant to be located on parcel 510 0230 0309 00.
See Hamilton County Auditors Plats of the properties being discussed.
There is an assessment project for gravity sewer about 600 feet from these lots. Purchaser could
see if they would consider extending it down to Daleview and the Springdale Road parcels.
If you or anyone you know is looking to make a move to the Cincinnati, Ohio or Surrounding area
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Licensed in OH
Avg. Sales Price: 379,000
Avg. Days on Market: 69
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