Off Market Property Cincinnati Ohio
Off Market Property Cincinnati Ohio!
Beyond chili and professional sports, Cincinnati poses a thriving real estate market with tight inventory, making off market property deals in Cincinnati Ohio hard to find! Recently areas like Over the Rhine have undergone waves of investment and development. Outside and foreign investors have flocked to the city with the promises of an investor friendly climate and potential for great returns, pushing prices up in some places that make being able to find deals off the MLS all the more important. Homes Below market typically has a wide inventory of real estate available in Cincinnati and the surrounding areas, ranging from small buy and holds to large scale fix and flip projects. Come to Homes Below Market for all of your needs with Off Market Property Cincinnati Ohio.
Cincinnati, located in southwestern Ohio on the Ohio River, was founded in 1788 and incorporated as a city in 1819. It was named after the Society of the Cincinnati, which honored George Washington, whom they likened to the Roman General Cincinnatus. The city saw dramatic growth in the mid 1830s with the development of steamships and the completion of the Ohio and Erie Canal. It soon became a major shipping center, primarily for the pork industry. Cincinnati’s location on the Ohio River has contributed not only to its prosperity but also its scenic charm. Winston Churchill once called Cincinnati “the most beautiful of America’s inland cities.”
Cincinnati began in 1788 when Mathias Denman, Colonel Robert Patterson, and Israel Ludlow landed at a spot at the northern bank of the Ohio opposite the mouth of the Lickingand decided to settle there. The original surveyor, John Filson, named it “Losantiville”. In 1790, Arthur St. Clair, the governor of the Northwest Territory, changed the name of the settlement to “Cincinnati” in honor of the Society of the Cincinnati, made up of Revolutionary War veterans, of which he was a member; which was in turn named for Lucius Quinctius Cincinnatus, a dictator in the early Roman Republic who saved Rome from a crisis, and then retired to farming because he did not want to remain in power
Cincinnati is home to three major sports teams: the Cincinnati Reds of Major League Baseball; the Cincinnati Bengals of the National Football League; and FC Cincinnati of the Major League Soccer. The city’s largest institution of higher education, the University of Cincinnati, was founded in 1819 as a municipal college and is now ranked as one of the 50 largest in the United States. Cincinnati is home to historic architecture with many structures in the urban core having remained intact for 200 years. In the late 1800s, Cincinnati was commonly referred to as the “Paris of America”, due mainly to such ambitious architectural projects as the Music Hall, Cincinnatian Hotel, and Shillito Department Store. Cincinnati is the birthplace of William Howard Taft, the 27th President of the United States.
Metropolitan Cincinnati has the twenty-eighth largest economy in the United States and the seventh largest in the Midwest, after Chicago, Minneapolis, Detroit, St. Louis, Indianapolis, and Cleveland. It currently has the fastest-growing Midwestern economic capital based on percentages. The gross domestic product for the region was $127 billion as of 2015. The median home price is $158,200, and the cost of living in Cincinnati is 8% below national average. The unemployment rate is also below the average at 4.2%.
Several Fortune 500 companies are headquartered in Cincinnati, such as Procter & Gamble, The Kroger Company, and Macy’s, Inc.. General Electric has headquartered their Global Operations Center in Cincinnati. The Kroger Company employs 21,646 people locally, making it the largest employer in the city, and the University of Cincinnati is the second largest at 16,000.
Homes below market has a wide selection of off market property deals in Cincinnati, Ohio and the surrounding areas.