Cleveland Real Estate News

Yahoo! Finance featured a story today about home sellers who are less than truthful about problems that might exist in a home, when buyers ask questions.  Questions like how much are the utility bills.  The truth is, you, Mr. Buyer, might like a cooler home than I do, so if I sell you my house, [...]

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One of the commenters from an earlier stat post this week requested info on Slavic Village.  Rather than point her to the data already there I decided to do a more in depth look, still using both multi-family and single family stats.  Instead of the general area, I was able to cut it down to [...]

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If you’ve been following Callahan’s Diary  you know that Wells Fargo and Deutsche own the lion’s share of foreclosures in our area. They’ve been selling off properties in some neighborhoods for as little as $1000. (Heck, I’ve seen homes listed for one dollar, how sad is that?). It drives down the value of properties below [...]

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It’s Monday and time to head out and start the day, after some reflection on this past Saturday and Sunday’s work.
Are you single and looking to buy a house or condo? As I mentioned in a post, there is a nice collection of Downtown condos for sale at very reasonable prices. But I’d like to [...]

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(This is kind of a journaling about my day on Tuesday. Sometimes I think the most common question I get after ‘how is the market now?’ is ‘just what is it that you do all day ?’ LOL. Maybe this can help flesh out that question)
It could have been  the rejuvenation I felt after having almost [...]

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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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You may have noticed some posts missing! Well, I experienced some technical difficulties and because of complacency had not kept copies of my posts. Yes I know, lesson learned! Anyway, I am going to try to recreate some of the posts that were lost, especially the ones involving home sale data. So let’s start with [...]

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If there is money to be made you can bet someone is figuring out a way to scam people. This PD article by Michael O’Malley gives examples of the latest rental scam where someone poses as the owner of a house, gets up front money from a potential tenant, then disappears and in this case, [...]

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Cleveland has a land bank, and it’s going to grow once they start tearing down more vacant houses. You can buy the land on the cheap ($100 for a buildable lot), but then what to put on it? Seemed like a good time to browse the net and find out what was available in pre-fab [...]

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Transit oriented development (TOD) has been a hot button for a decade. I was on the bus yesterday and passed a gas station on Lorain selling regular fuel for $4.05/gallon. We have one of the original transit systems in the Country right here in NE Ohio, in the form of The Shaker Rapid. Many of [...]

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