Cleveland Real Estate News

You may have heard that there was a study (isn’t there always!) which ranked economic (job) changes from June to July this year.  According to that study, we were a ’6′ improvement, which as it turns out, was not too bad.  There is a Buckeye Institute site that gets to the nitty gritty of our [...]

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The criteria is not based on how many are available, but (as Market Watch states):  The selected locations offer an average sales price discount of at least 35% on foreclosure purchases, positive year-over-year growth in median home prices and relatively low unemployment rates. This info comes from NAR and RealtyTrac but I like the  Market [...]

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Thanks to PR Newswire (in Cleveland!) for their recent press release regarding grant monies and a plan to make Ohio new construction affordable housing green.   We are also talking apartments, and that to me is even more terrific because more people are renting!  Here is a quote from the article: “Since we started Ohio Green [...]

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NewGeography’s main staff seem to be located in North Dakota, but there are also a slew of contributing editors/writers from many other places.  There is also a blog. What is Newgeography? A combo of more geeky information (which appeals to me lol) where economic growth areas are indexed.  Unlike lists that you get in a Forbes [...]

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I love Berea because it’s a great mix of the old and new.  It started out with a huge sandstone factory/quarry, added a substantial globe-making industry (sold mostly to schools), has a small town feel (with only about 19,000 residents as of the 2000 census) yet lots of modern housing.  It’s the home of the [...]

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Somewhere around the Fourth of July, I read that Verizon had joined forces with Frontier for broadband Internet services.  I was wondering  how things were progressing.  Would it become available in Ohio?  How is the service?  It seemed like a good idea, based solely on the fact that there would be more competition for services [...]

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It depends.  Michael Murphy analyzes the issue in a recent article for Market Watch.  He says it’s a great time to buy real estate (foreclosed or short sale).  He says some markets may be different, and some people may think he’s telling people to do this now and that’s too soon.  I agree with him, [...]

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The housing news we hear from the media can be frightening.  Some of it’s true of course, but not all of it.  Regardless of how you feel about people buying a new home right now, it might be a good idea for you to refinance your home. You may be holding off because you think [...]

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Who is  buying in Tremont and who is buying in Ohio City? Every year the trends seem to shift, at least since I became a Realtor® in 2003.  First, the stats.  Single Family Housing Trends in Tremont and Ohio City: There are only 80 single family homes listed for sale. The inventory is very low. [...]

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The Akron, OH area saw the highest increase in the United States with a 36% increase in median sales prices. Erie, PA – 12.3% increase; Cleveland-Elyria-Mentor, OH – 11.5% increase; Canton-Massillon, OH – 9.9% increase; Youngstown-Warren-Boardman, OH-PA – 5.0% and Pittsburgh, PA – 1.9% increase  The National Association of REALTORS® reported that the median price [...]

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