In real number’s this means that Cincinnati was only 4 pending sales short of what sales were in February 2007. Below is the report from the Cincinnati Area Board of Realtors.

Cincinnati MLS Pending Sales for February 2008 Just Shy of February 2007

Clearly, activity is picking up!  Showing appointments are up, attendance at Open Houses has increased significantly, call inquiries have vastly improved, and searching on the Internet has escalated.  The time is now to spread the good news…tell everyone you know – clients, past clients, prospects, your sphere, fellow agents.  “With favorable housing prices, a wide choice of inventory, and low interest rates, it’s an incredible time to buy,” says Karen Schlosser, president of the Cincinnati Area Board of Realtors.

February 2008 new pending sales:  1,787 (off only -0.2%)
February 2007 new pending sales:  1,791
 
February closings are expected to dip an estimated 12% to14%.  The February new pendings should bode well for March and early April closings.

~ Excerpt from the Cincinnati Board of Realtors
 

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