Housetrends Cincinnati June 2020
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Photo by Justin Sheldon Photography<br />
“The <strong>Cincinnati</strong> market<br />
is still enjoying great<br />
price appreciation given<br />
the tight inventory.”<br />
- Ellie Kowalchik<br />
Q: Are we headed towards a housing crisis due to the<br />
recent economic instability?<br />
A: The prior downturn occurred when we entered 2008<br />
with already high levels of housing inventory. The<br />
housing sector enters this recession underbuilt rather<br />
than overbuilt. That means as the economy rebounds,<br />
housing is set to help lead the way out. In fact, most<br />
economists predict that housing will not be affected by<br />
recent economic changes, however we have yet to see<br />
any consequences of COVID job losses on our housing<br />
inventory. History proves that most recessions do not<br />
negatively impact housing prices.<br />
Photo by Justin Sheldon Photography<br />
ABOUT THE AUTHOR<br />
Ellie Kowalchik, a real estate agent with Keller Williams Pinnacle Group, leads the top ranked Move2Team.<br />
A multi million dollar producer and company sales leader, she holds the advanced designations of Seller<br />
Representative Specialist, Certified Residential Specialist, as well as e Pro with a focus on technology. She was also<br />
named one of America’s Best Real Estate Agents by RealTrends in 2018, 2019 & <strong>2020</strong>.<br />
Have real estate questions you’d like to see answered in a future edition of Ask the Expert?<br />
Give Ellie a call at (513) 536-6831 or email her at EllieKowalchik@gmail.com.<br />
SPONSORED CONTENT<br />
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