Cleveland Real Estate News

Yesterday the U.S. District Court dismissed Baltimore’s case against banks they said created blight by violating The Fair Housing Act (our case was dismissed months ago). I found a post from American Banker  on line, written by Jeff Horwitz  . It’s a good summary of the various municipal cases brought or being brought against some [...]

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This means you would sign your title over to your lender and you would become their tenant.  The catch is Fair Market Value (FMV) for the rent. If it’s determined to be $850/month, and your mortgage is more than that, it won’t work. If  the FMV is less than what you are now paying per [...]

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I liked examining this zip code because while most of it is in Shaker, it also encompasses parts of Warensville, Orange and Beachwood.  My stats are as usual, only covering homes (single family here) listed and sold by area brokers. But I did glean some info from the new County Data base (auditor’s site). Here [...]

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Greater Cleveland’s Neighborhood Housing Services applied for and received a grant that will allow them to do more foreclosure counseling.  This is good news!  You can read the PD article here.  (It was originally a Sun News story) For more information about the grant and how it will impact foreclosure prevention efforts, contact Lou Tisler [...]

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Through Market Watch, I found an interesting web article written by someone with a moniker named Shades of Green. He’s talking about the now a few years old question, what will make the market recover? The title of his article is called Escaping House Arrest  (great title). One point he makes is that we are [...]

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The other day I investigated Old Brooklyn’s two zip codes to see what type of house is garnering the best prices.  Posting stats is something I’ve done for years now and I’m thinking taking different approaches might be more interesting.  You will be the judge of course!  Anyway, I looked at single family homes listed [...]

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NEO Green Building Social Networking  wednesday, October 21st
Start: 5:00 pm
End: 7:00 pm
Northeast Ohio Chapter of the USGBC’s first social networking event in July was a huge success. So we’re continuing to host it on a quarterly basis. This time we’re shifting the event to the ever-emerging Detroit Shoreway neighborhood!
Inviting all green building advocates and members [...]

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I have two homes listed in this area. Both make me very happy to be the lister. One is a gorgeously renovated arts a& rafts bungalow with a fab retro basement, beautifully finished with whimsical chalk board features. Great architectural detail added by my talented seller that matches the original detailing. It’s listed at $125,000 and [...]

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Many of us have gone to walkscore.com  to check out how this national study rates our own home/street in terms of walk ability.  But if you are looking for a new home, how valuable would your investment be if it had a high walk ability score? My opinion? It adds a lot of value.
Think about the trend [...]

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Michelle Jarboe of the PD did a great job covering some condo purchase issues with nice updates via comments from lenders and how they are treating mortgage requests on condominiums.  Her  article is here.  Be sure to read through to First Fed of Lakewood and National City comments on what they will and will not [...]

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