TR_Jan_Feb_2022

question if a particular market can sustain it’s upward growth. What we are witnessing in Cincinnati is an expanding metro area, a burgeoning metroplex when the I-75 corridor is completed over the next 15-20 years. This growth will result in millions of dollars of business expansion and thousands of new homes being built in suburbs between the two large cities. This is the type of future that we have the opportunity to build in Cincinnati. If you’re looking for a new market to invest make sure to look at Cincin- nati, OH. If you don’t know where to start let Freaky Fast Help you cashin on the opportunities the Queen City has to offer. •

dramatically from last year at this time when the median was $204.375. Spectrum News reports that home sale prices in Cincy are up 18.4% from last year. 3. REAL ESTATE MARKET CONDITIONS. Cincinnati squeaked by Nashville and Boise as the number one market in the country for the shortest length of time a listing was on the market. The average number of days a home stays on the market in Cincinnati in 2020 was 23 days, this year, it’s a mere 9 days, the shortest in the entire country. If you’re an investor

doing fix and flips, this is a great market. Shorter days on market low- ers holding costs and increases your overall ROI.

4. JOB GROWTH. When trying to identify markets to invest in job growth is a key met- ric. In 2017, According to the Cin- cinnati Enquirer, the Queen City was the number one economy in the midwest. In 2021 we continue to see job growth. The CES report - ed that 3100 jobs were created in October of 2021. Job growth creates demand, demand creates appre- ciation.With many uncertainties in the world today, there is always the

thinkrealty . com | 71

Made with FlippingBook Online newsletter