OH: Cincinnati Real Estate Market Sees Glut of Properties

Cincinnati Real EstateSpring can be an exciting time for homeowners ready to sell. But it is less so for those whose home has lingered on the market through multiple spring selling seasons.

Years of listings, open houses and showings without offers are weighing on many homeowners. “I would like to move on,” said Jim Oliver, who’s been trying to sell since 2007. “It’s frustrating.”

His two-story house, with amenities such as a finished basement and a wooded lot where deer roam, sits on 1.4 prime acres in an upscale region northeast of Cincinnati, with a top-rated school district. But the traditional real estate cry of “location, location, location!” has given way in this economy to “price, price, price!”

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Full Story from The Toledo Blade

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