Cleveland Real Estate News

The County Auditor now allows you to keep up on sales on your street.  I asked for all Cleveland sales in September; they said 744.  Check out the PD article about it here.    Peace Out – 3C

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We keep asking, is the economy improving, are housing sales improving?  And lots of people have weighed in.  Here are eight communities to start off this type of comparison/discussion as it relates to home sales in NE Ohio. 
I’m comparing sales in these eight communities ranging from April through July in each of the two years. [...]

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I meant to look up a 2008 comparison of number of sales when I did my post yesterday and did not.  You may find it interesting (at least I hope so lol).
During the same period (January through July) of 2008, there were 317 homes sold.  In 2009 there were 221. Quite a few more last [...]

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For about two years, there were not a lot of people contacting me to list their homes for sale in zip codes 44144 or 44109.  I had buyers in these neighborhoods but only one listing in two years.  All that has changed, and the rest of the agents in my office feel the same way.  [...]

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I have two listing appointments coming up tomorrow, so I did an analysis of the market now and over the last six months in these areas.  The stats deal with single family homes only and are homes listed with area brokerages.
Zip Code 44111:    There are 214 homes for sale in this zip code as of [...]

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Sometimes real estate issues are specifically local. Sometimes it’s a national trend. This article  in the Wichita Business Journal  discusses appraisal issues that ring true in my business experiences here.
The bottom line is that appraisals should always be accurate within  one percent. That’s my opinion.  I’ve never understood why people are allowed to buy a [...]

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I’ve never isolated zip code 44144 in a housing analysis before so I’m taking care of that today. Also including 44109 and 44113.
Of all three zip codes, 44113 has the largest inventory of single family houses on the market and 44144 the lowest. Let’s see what happened in the month of May:
44144
There are 48 homes [...]

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Similar to my results during other time frames, town homes seem to be the home of choice for many buyers moving into Cleveland’s Ohio City and Tremont areas. There were detached single family homes sold, but not many, so this includes condo/town home sales as well. You know the drill! These homes were sold/listed through [...]

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This zip code covers some broad territory. The Gordon Square Arts District (and apparently the opening of the Capital Theatre is now scheduled for October). The Clifton & Edgewater Road area. And Detroit Shoreway, just west of Ohio City. Still doing single family homes only in these stats and again, info covers homes listed or [...]

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Old Brooklyn is a large area, including everything around the historic Pearl Road area and streets like Henritze, to the tree lined south hills area. As you can imagine, prices over the last six months in this area are all over the map. The majority of the homes sold, did so for less than $60,000. [...]

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