Cleveland Real Estate News

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If these stats can be believed, the Midwest had much stronger housing recovery this year than the West and East. NuWire Investor writes that housing sales show strong growth.  “….The Cleveland-Elyria-Mentor, Ohio metro area followed with 20.5% quarterly and 62% yearly gains….” I certainly saw three times the number of buyers/sellers as last year, but [...]

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My professional opinion is healthy!  The number of homes in inventory in some areas still exceeds 300 listings, but there are currently only 95 homes for sale giving buyers a good choice without being unhealthily excessive.  The average listing price in Fairview as of today is $178,011  and the average amount of time these homes [...]

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Probably not for NE Ohio, can’t imagine a paper house lasting through even one snow storm but, it rains in Africa and San Diego so I could be proven wrong. John Herman of Gizmodo (a self proclaimed gadget blog) writes about a Swiss company called The Wall AG and their 390 sf homes made out of [...]

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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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I picked four communities for today: South Euclid, University Heights, Cleveland Heights and Richmond Heights. I’m doing (again) both single family stats and multi-family (meaning two units through four units).  Most of the multi-family homes sold in these communities were two family; Richmond Hts. has a much smaller pool of multi-family so we can take [...]

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Many of you own multi-family homes; that means two family through four family dwellings.  I’m going to do a series of stats analysis and am starting with zip codes 44113 and 44111.  I’m covering the March 1st to the present time frame. First let me say that the sales that occurred in 44113 were all [...]

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There are five western suburbs I cover pretty regularly with my clients: Lakewood, Rocky River, Westlake, Fairview and North Olmsted. So this second part of the Three Year Comparison Stats will deal with these cities. First part, Three Year Stats for Cleveland’s West Side is here. These are single family statistics (includes non-condo town homes) between [...]

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 I’m looking at stats for the five west side zip codes, and I want to compare number of sales and average sale prices for 2006-2008. These stats cover the ‘season’ I’ve been reviewing, April through the present date. Take into consideration that there have been foreclosures which deflate the averages. It’s also interesting to note [...]

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I know I sometimes post futuristic ideas for housing styles. But this time, I am excited to talk about a house built by an urban planner in the Washington D.C. area.  He built it for himself and it’s gorgeous (see photo). I love the clean lines, I love how it fits into the style of the neighborhood. [...]

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