Cleveland Real Estate News

Did you all enjoy the Spring-like weather yesterday as much as I did? Family in town so we were at Shaker Square sharing a meal and coats were most definitely optional.  Yes I know, not as nice today! In any even, I ran some figures for a client regarding housing trends in Lakewood since September [...]

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The Case Shiller Report studies 20 metropolitan regions in the U.S.  The August Report shows that Cleveland and Boston were the only two regions out of twenty to show an increase. The report is here and an excerpt:

For the August/July period only 2 regions, Cleveland and Boston, had positive returns. Cleveland returned +1.1% and Boston [...]

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This week was busy with real estate although not so much with new clients.  Took some photos while at a brokers open for one of our new listings so now I can focus on ads for the listing on the web. And today I got stood up! lol.  That doesn’t happen very often (thankfully!) but [...]

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There are five western suburbs I cover pretty regularly with my clients: Lakewood, Rocky River, Westlake, Fairview and North Olmsted. So this second part of the Three Year Comparison Stats will deal with these cities. First part, Three Year Stats for Cleveland’s West Side is here. These are single family statistics (includes non-condo town homes) between [...]

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Let’s see how condos and town homes are selling in Cleveland Heights, South Euclid and Shaker Heights. These stats cover listings/sales handled by area brokerages since April of 2008.
Shaker Heights
There are six condos for sale, none contingent or pending (which means under contract). There have been two sales since April:
1. 1,889 sq. foot condo on [...]

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According to Case-Schiller, our local housing prices were down 7.3% over the past year. You can read the report (three page pdf) here. They reported that Nashville was an area that saw some growth, as did quite a few of the places they studied ). One of the keys to growth instead of no growth [...]

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I have clients looking in Westlake so it’s time for some Westlake stats for this home selling season. There was a lot of talk by the news media a year ago stating that Westlake was one of the few communities to ‘hold her own’ during the current housing situation. It’s still true that sale prices, [...]

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It’s been a while since I have done stats for all six counties (Ashtabula, Cuyahoga, Geauga, Lake, Lorain and Medina). Here are a few results for home sales during the month of July:
1. The average sale price was down 11.4% from the July results for 2007.
2. The July 2007 average sale price for all six [...]

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Kevin Tomlinson is a Realtor® in South Beach Florida now but hey, he is really one of us! He grew up in Brook Park Ohio. Kevin was wondering how home sales have been in Brook Park. Sounded like a good time to do a full report no?
 
Brook Park is one of the communities that requires a [...]

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I used to own a double in Lakewood and as a Realtor®, I know the existing stock of doubles and duplexes in that city is vast. I remember when Lakewood was trying to get a large commercial development in her western portion and it was estimated that everyone in that 1960’s era high rise could [...]

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