Hello my readers.  I do want to apologize for the 2 month hiatus that I’ve taken.  I should have warned some of you, but I got a bit of blogger burn out…  Hopefully, some of you have been reading my tweets (if you’re not following me on twitter, you should be http://twitter.com/jamistutzman) and you know that homes are selling and that I’m keeping VERY busy.

What?!? some of you may be saying.  Homes are selling??  Yup! its true.  As of right now in Hamilton County alone there are 1341 houses that are pending in the MLS.  Thats fantastic!! Who is buying?  It mainly seems to be the first time home buyers, the people who are under the 250k range.  They’re coming out in force to get the 8k tax incentive.  If you haven’t owned a house in 3 years, you’d be eligible for it as well.  Ask me for more details.

Does this mean that the housing market is in the clear?  Not yet, but it shows that we are on our way to recovery.  I have a feeling its going to be a long process, but it looks to be headed in an upward direction.  Once these first time home buyers start buying up the inventory, the higher priced houses will start to go.  Many people above the 300k mark need to wait for their house to sell before they can buy up.  Its frustrating for those sellers, but they need to either drop their price or just be patient.  We are lucky to be in Cincinnati, we didn’t see the extreme highs of the bubble and therefore we won’t see the extreme lows of the downward turn.  Don’t think that every seller out there is desperate and every home is over priced.  Many homes that are coming up on the market are priced very well for the current day and are actually selling pretty fast!

So, now is the time to get out there and shop!  If you have a first time home buyer house and you’re looking to upgrade, don’t be afraid to try and sell it.  Afterall, if you take a little hit on the selling side, you will probably make up for it on the buying side.