Cleveland Real Estate News

If you live in West Park (as I do), you know what it’s been like over the last few years.  Fewer people wanting to buy and lower home sale prices.   How about an updat e and maybe a bit of good news as well? First, if you don’t live here, and maybe are out of [...]

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Dodd/Frank  made it harder for mortgage lenders to make money on loans. Some of that is good, some of that is bad. It’s the old story of the few making it harder for the rest of the bunch.  Add into the mix the reluctance lenders feel about risk and you find all sorts of  previous [...]

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Instead of a day in the life, let’s say a synopsis of the last few weeks. Still love my job (especially when it’s busy) and had a first time experience again.  My buyers have an accepted offer on a house they love and can’t wait to move into. We are about three weeks from closing, [...]

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I showed my new client 6 homes on Friday. She is moving here in June from Arkansas (yes, people are still relocating to NE Ohio).  She wants to be able to move in and start her job and yes can make cosmetic changes (like wall paint) but doesn’t feel she will have time over the [...]

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My friend Tyler Osby is a mortgage lender in Michigan.  He wrote a blog post wrapped around one of Forbes latest lists (they do love those lists, don’t they!).  Best cities to raise a family is the topic.  Congrats to Tyler for a thoughtful article and congrats to Grand Rapids, MI for making the Forbes [...]

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How many people have moved to South Euclid in the last six months and are spending their first Passover or Easter in their new homes? That was the question I asked my self as I checked out sales with area brokerages since October (six months).  These stats are for single family homes. Little analysis first: [...]

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It’s been a while since I’ve posted about the predatory lending issue but it smacked me in the face today. I spoke to a gentleman  (a Veteran no less) who used his VA certificate to buy his home in 2006.  I’ve never heard of his mortgage lender, and the Cleveland BBB gives them an ‘F’ [...]

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The waiting list at places like The Bingham or Crittenden Court, or Reserve Square (etc) is long. Renting Downtown can mean planning ahead as if you are planning a wedding: get on a waiting list for a year.  If you are lucky, you can find space at The Grand Arcade, if someone is renting out [...]

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Listed one of my ‘for sale’ homes in 44111 for rent late this week.  Had an open house today and many people came, seeking a good house in the neighborhood to rent.  We now have at least three potentially good tenant candidates clamoring over each other to rent the house.  I had a feeling it [...]

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First short sale I ever ‘tried’ got to it’s 13th month without a response from the bank.  My clients loved the house and to be honest, a good counterpart in Millcreek  did not become available during that time.  13th month, finally, a good new listing which we went to see and within 8 weeks we [...]

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