The Springboro area is experiencing a SLIGHT downward pressure on prices. The inventory has been at an all time high however we are seeing some leveling out of the supply of homes on the market. This means the number of listing on the market is decreasing slightly compared to what it was several months ago. We are looking for 2008 to be comparable to 2007. Incidentally 2007 was our fourth BEST year in real estate history. The GOOD NEWS is our local market is not crashing as you hear on the news media only correcting slightly.Personally, I am still selling a lot of homes in our area. They are taking longer to sell and are selling slightly lower than 2005 prices (peak of our market). For those wishing to sell, the best priced homes in the best condition are selling very fast. The others a...
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