Interest rates are good! This is an opportunity! In the Cincinnati area  interest rates have dropped almost 1/2 % since Christmas for a 30 year loan. If you purchased within the last year and you plan to stay in your home for more than 5 years refinancing is not out of the question.

You can read this story on Bankrate.com at http://www.bankrate.com/brm/graphs/graph_trend.asp

The media missed this change!

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Unfortunatly Cincinnati is not on this list of top markets to be in in the year 2008.

http://www.housingpredictor.com/top2008.html

As I see it , the Cincinnati real estate market will rise until June as normal. Since this is an election year most buyers will have their homes purchased before June 15. I do not expect the normal level of sales after June 15.

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