Terrace Park is among the most bucolic and neighborly places to raise a family in Greater Cincinnati. But woe is the home seller there these days.

May residential sales, as compiled by the Cincinnati MLS, showed that Terrace Park was the only major neighborhood with no activity.

In mid-June, 57 residential properties there were listed for sale. That’s about 7 percent of the total housing units in the New England park-like village, according to the U.S. Census.

Patti Harrier, a sales vice president with Sibcy Cline, lets out a long sigh when reminded of the statistics. She lives in and sells in Terrace Park, and she worries that the out-of-towners who are doing most of the home-buying these days here don’t know about her village.

“It’s just caught in the crosshairs of the economy and pricey housing, and having a lot on the market,” Harrier explains. With builders offering so many incentives, it’s tough to lure buyers to older housing stock, he adds.

Village properties on the market range from a five-room cottage at $199,000 to an 11-room, 1890 Victorian priced at $899,900. More than half the listings in Terrace Park are $500,000 or higher. That compares to a median Midwest sale price of $142,700 in the first quarter of 2008, according to the National Association of Realtors.

Of course, any Terrace Park resident — President Bush’s pal Rob Portman included — would tell you there is nothing median about their community. Still, on Portman’s street alone, six properties were on the market. Luckily, as Harrier points out, one was a “pending sale.”

J. William Blackham — the former Corporex executive who until recently was president and CEO of Eagle Hospitality Properties — is now chief financial officer at Al. Neyer Inc. Neyer created the new position, and its role on the executive management team, with Blackham in mind, company officials said. Eagle Hospitality, the public investment trust that Corporex spun off, was sold in 2007. At Neyer, Blackham will oversee all financial functions in the office,

Morgan D. Blavatt of Florence has been named an industrial advisor with Grubb & Ellis|West Shell Commercial, whileJohn Perin has joined the firm as an industrial leasing and sales specialist. Blavatt, who previously worked in the environmental consulting industry, is a graduate of Indiana University. Perin, of Mount Lookout, is a recent graduate of Centre College, where he was named an all-conference football player.

Paul Miller is a new vice president of office leasing and sales at CB Richard Ellis’s Dayton brokerage team. He had worked for Miller-Valentine Group in Dayton since 2001 as a leasing agent for Kettering Tower, Wright Executive Center and the Wright Health Building, among others. Miller is current president of the Downtown Dayton Rotary.

TheIndiana Auctioneers Association won top marketing awards at the annual National Auctioneers Association convention in the categories of state association multicolor magazines and news releases. Meanwhile, the Ohio Auctioneers Association won top honors in the category of two-color magazine. Cincinnati’sMaggie Beckmeyer, of Auctions by Maggie, is vice president of the Ohio organization. The contest was sponsored by USA Today.

A heavy-hitter in the Cincinnati retail real estate industry,John Heekin, has joined Colliers Turley Martin Tucker as a senior vice president. And he is joined at CTMT by his son, Michael Heekin, a recent graduate of Miami University of Ohio. The elder Heekin most recently had his own business, Transformance Realty, which specialized in redeveloping underperforming properties. Earlier in his career, he was with Towne Properties and at Coldwell Banker, where he leased and managed major retail spaces in Ohio, Louisiana, Maryland and Tennessee. The younger Heekin, who had worked at Transformance and in radio sales, joins CTMT as a retail specialist.

Great news for the This Old House crowd in Hamilton County. Commissioners recently voted to reinstate theirHome Improvement Program, which allows property owners to borrow bucks to repair or remodel their homes or rental property at interest rates 3 percent below a bank’s rock-bottom rate. Call the plumber!

Scott Reis, a business and financial strategist, is now part of the Cincinnati-based office/investment brokerage team that includesAdam Simon andMark Richter at The Everest Group/TCN Worldwide. Reis previously was sales and business manager of SLR Professional Cleaning Services in Cincinnati. There, he was operations chief for both asset management and human resources. Reis is a University of Cincinnati grad.

Tom Banta, president and COO of Corporex, andLaura Brunner, managing principal of Colliers Turley Martin Tucker, were among officials at the announcement that the newly expanded Baldwin Professional Center on Eden Park Drive will include a Springhill Suites by Marriott hotel.

E-mail Tristate real estate news to realestate@cincybusinessmag. com.