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Dayton Luxury Housing Market Update 2.13.2023

Dayton Luxury Housing Market Update 2.13.2023
Feb 13, 2023 · 16m 39s

The Dayton Luxury real estate podcast, hosted by Rod Smart, a real estate agent in Dayton, Ohio, discusses the current state of the luxury real estate market in the area....

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The Dayton Luxury real estate podcast, hosted by Rod Smart, a real estate agent in Dayton, Ohio, discusses the current state of the luxury real estate market in the area. The podcast covers the whole MLS, with a focus on the luxury market, which is defined as the top 10% of the market by price, with a cut-off of $428,000 and up. The luxury market had 10 sales in the past week, with no sales over a million dollars. The podcast notes that the low inventory is a concern, with fewer people moving and the average move now taking 13 to 15 years, compared to 3 to 5 years a decade ago. Smart predicts that the market will explode in the spring, making it a competitive time for buyers. He also notes that several new luxury apartment buildings are set to open in downtown Dayton, adding 200 new apartments and 134 hotel rooms. Smart encourages those interested in apartment living to contact him for more information, but also emphasizes the benefits of home ownership and offers assistance with down payment programs and FHA loans. He suggests that investors may have a good time in the upcoming market and that there may be opportunities for potential flips or rentals. Overall, the podcast provides valuable insights into the Dayton luxury real estate market and offers helpful advice for those looking to buy or invest in the area.
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Author Rod Smart
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