Cleveland Real Estate News

Good morning everyone. Wanted to post some  general Cuyahoga County housing data before I head out to my brokers open house ina a few minutes.  These stats reflect sales with area brokerages and they compare April and March sales info for this year. The May results are not yet in, I have a feeling they may [...]

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Let’s call this a sample of east side of Cleveland inner ring suburban home sales for the month of May.  I’m doing South Euclid, Cleveland Heights and Shaker Heights. Cleveland Heights has twice the housing inventory for sale as the other two communities but also the highest number of homes under contract.  These homes are all [...]

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Decided it was time to do stats in a different way for a change. Maybe measuring things this way will be useful. Any questions, please let me know.  I’m looking at the following: 1) sales between Nov and May in both 2008 and 2009 2) sales in two east side and two west side communities [...]

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Most of you are probably out in the yard enjoying this glorious NE Ohio Saturday weather. Some of you may be surfing the web and interested in how homes have sold in Fairview Park. If so, this is your lucky day lol.  These homes were listed with area brokerages and that’s why I have access [...]

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The last three communities I’ve studied this week had lower inventories, which doesn’t mean there were not foreclosures affecting prices, even in Pepper Pike. However, South Euclid is higher in available housing inventory, and more of the listed homes and recently sold homes were bank owned. So keep that in mind as we look at homes (listed [...]

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A home buyer client from out of town asked me today about the community of Bay Village so it was easy to pick my next place to analyze. How have single family homes been selling in Bay Village over the last six months? Let’s find out. (Per usual, homes in stats were listed with area brokerages so [...]

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Doing these in order of who has requested info – last night I started out with Pepper Pike and now we go west young men to Lakewood. Per usual, these stats cover sales listed with area brokerages which is why I have access to the stats. I am only doing single family homes for this [...]

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It’s been a while, yes? So I thought I would start out with a community I have not covered much, if at all.  The City of Pepper Pike.  According to Wikipedia  just over 6,000 people reside there. Are homes selling in Pepper Pike? You betcha. These stats cover October ’08 through today. Six months is a good [...]

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Well, we might not be as happy with Bill’s information regarding foreclosure filings at the end of 2008, but we would rather have the truth than not, right?  Bill mentions that an Akron Beacon Journal article that was overly optimistic. Henry Gomez wrote in this week’s PD that sheriff sales were down 32% – may [...]

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Westlake is a community used by the media as an example of positive home investment, at least this was true in 2007. Several local TV channels pointed out that sales did not suffer. Rather than give an opinion on this aspect, per se, I thought I’d do an analysis of Westlake home sales in 2008 [...]

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