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Dayton Luxury Housing Market Update 3.13.2023

Dayton Luxury Housing Market Update 3.13.2023
Mar 13, 2023 · 18m 37s

The Dayton Luxury Real Estate podcast, hosted by certified real estate agent Rod Smart, discussed the current state of the housing market in Dayton, Ohio. The podcast covered topics such...

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The Dayton Luxury Real Estate podcast, hosted by certified real estate agent Rod Smart, discussed the current state of the housing market in Dayton, Ohio. The podcast covered topics such as the recent collapse of Silicon Valley Bank and its potential impact on the housing market, the shortage of inventory, and the increasing average sale price. The luxury market, defined as the top 10% of the market starting at $428,000, saw a decrease in inventory for the first time in weeks. The podcast also provided insights into the current pace of sales and projections for the year. Smart predicts a strong market for buyers and sellers, but notes that transaction-based businesses such as title companies, lenders, appraisers, inspectors, and real estate agents may be affected by a decrease in transactions. He also highlights a shortage of contractors in the area and encourages any available contractors to contact him for work. The episode ended with a discussion of a million-dollar listing in Sugar Creek Township, which sits on almost six acres and has been recently renovated. The podcast aims to provide listeners with up-to-date information on the Dayton housing market and insights into the luxury segment.
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