Are you planning to buy a house soon? Read this first. Today’s best stories

Happy post-opening day Friday, Cincinnati.

I’m an Enquirer business reporter. Randy Tucker. As someone who has covered the real estate market for several years, I was surprised by the latest monthly data showing more houses for sale and inventory levels are gradually increasing.

I thought buyers might finally get a break in a market dominated by home sellers. set asking prices as high as possible or simply sit on the 3-4% mortgage rates they had set before the pandemic, refusing to list their homes. But the growing supply of homes for sale only tells part of the story, as the busy spring and summer buying season heats up.

Other homes are for sale in Cincinnati. So why aren’t prices falling?

The increase in stocks was not enough to satisfy the voracious demand for housing on the local market. Home prices continue to rise at a breakneck pace, indicating that buyers still face fierce competition and bidding wars for the most sought-after properties.

The home you’re looking at may already have plenty of offers going on. SO it is imperative to act quickly although buying conditions aren’t as optimal as they might be later in the season, local real estate agents tell me.

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What else you need to know Friday March 29

Weather report: A maximum of 69. Pleasant with cloudy and sunny periods.

Eclipse glasses: Do they expire? Ohio doctors offer solar eclipse safety tips.

Last chance! The menu shows the fish fries open on Good Friday.

On sale this week: Cincinnati’s hottest concert tickets.

Vote: Cincinnati Enquirer Student of the Week vote, March 25.

Before you go: weekend egg events

Our roundup of the 10 best things to do on Easter weekend in Cincinnati includes family-friendly egg hunts, a Northside record fair and… eight other things.

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