Solon Real Estate market is very active. Buyer's activity in June, 2009 created a very interesting situation. Inventory shrank, more and more properties sell very quickly. It is customary for Solon to entertain year by year a high season activity in May-June. What is remarkable for Real Estate market in Solon circa 2009? Inventory went down to less than 6 month supply. Buyers start feeling uncomfortable. Please take a look at Solon homes market statistics for June 2009 (data provided by NEOHREX)
As you can see, there are currently 186 active homes for sale in Solon. 38 houses sold in June 2009. 36 homes are in pending status and 20 houses are contingent.
I am very glad that two houses out of 38 sold by Local-n-Global Realty. Dear home sellers! We need more good Solon homes for our buyers. Please call us at 877-770-5551 any time.
Dream Solon Home - SOLD by Local-n-Global Realty within a first week on the market
Location: Oakview Estates
Home sellers in Solon! Please don't hesitate to call Svetlana Stolyarova if you need to sell your home timely and for a good dollar.
House at 7629 Lindsay Ln. sold by Local-n-Global Realty within a week after being listed. Dear home buyers in Solon!
Looking for a spacious, updated, beautiful, convenient home in Solon? Need a quiet, friendly neighborhood? Please call any time 877-770-5551 and let us know what is your budget and when you need to move. Our buyer's specialists will assist you with care and diligence. Just call 877-770-5551 x 122 for 24/7 information. You can also call directly Svetlana Stolyarova, listing broker at 216-548-4663 to set up a private consultation or get info about the market. Please visit www.Local-n-Global.com for a professional information about Cleveland Real Estate market.
Unfortunately, many people have no idea what Cap and Trade, or American Clean Energy and Security Act of 2009 is. Some call it "the landmark energy and environmental legislative achievement of a generation." The others consider it to be "Anti-Market and Anti-Consumer".
No matter what your opinion is, it's still time to call your Senator.
Please read the great post written by Katerina and Nestor Gassett followed by the very interesting discussion.
Real estate is local when it comes to market conditions and market trends. Real estate differs from region to region in styles, architecture and amenities generally speaking. For instance; in Florida fireplaces are not the norm whereas in cold winter areas such as Colorado, fireplaces are a standard addition to a home. In some areas of our country people have wood burning stoves and others have coal burning furnaces. There are areas of our country such as here in Florida where you would not dare live without Air Conditioning but in many homes in Washington for instance, air conditioning is more of a luxury than a necessity.
So when we are discussing the effects of cap and trade in your real estate business you will need to take into account the region in which you live as some areas will be more effected than others.
You can move your mouse over the map and see who voted, what party they belong to and their district. You will be able to see that no matter whether they were democrats or republicans if they are in the farm country of America, high manufacturing areas of America, low energy bills of America and the heartland of America- they voted NO on this bill and for very good reasons.
"For a household of four, energy costs go up $436 that year, and they eventually reach $1,241 in 2035 and average $829 annually over that span. Electricity costs go up 90 percent by 2035, gasoline by 58 percent, and natural gas by 55 percent by 2035. The cumulative higher energy costs for a family of four by then will be nearly $20,000.
But direct energy costs are only part of the consumer impact. Nearly everything goes up, since higher energy costs raise production costs. If you look at the total cost of Waxman-Markey, it works out to an average of $2,979 annually from 2012-2035 for a household of four. By 2035 alone, the total cost is over $4,600." Heritage Foundation.
You will notice that the states where the votes were yes are also the states that already have the highest energy bills. The states that voted no are mostly states with presently low energy bills.
Instead of calling this to Cap and Trade- We can really call it the Tax On Electricity Bill.
How does this information pertain to real estate agents? If you live in the lower energy pricing states you are going to be seeing huge increases in household energy bills. If you live in states that are coal powered or oil powered you will see the largest increases ever in your energy bills because those energy sources are going to be punished with taxation.
How is that going to effect home prices?
How is that going to effect movement in and out of your state?
How is that going to effect your real estate office utility bills and who is going to pay for this?
The House is at it again. This was a 1,300 page bill and again as with so many large bills was not read by most of those that voted yes or no. What is it that they don't get? The American people expect our leaders to read what they vote on.
So what else is tucked away neatly into this bill that perhaps no one knows the full implications of yet?
How about the Federal imposition and takeover of building codes? Your local planning and building offices will not be qualified for any Federal funding of any kind unless they adopt what the FEDS say is the new energy efficient building standards. This will create higher prices in building new homes which is then passed on the homebuyers and then you as a real estate agent are also effected because less buyers will be able to afford to buy a new home built . Not to mention having to wait for the Feds to come and inspect the builders and the homes.
How about the new Federal EnergyNazis Inspectors who will come and rate your home before you can sell your home. So before you can list a home for sale, the seller will have to wait for the Federal inspectors to come out. DMV lines anyone? Once that inspector comes out, he or she will give the home an energy rating. If the home does not meet the guidelines the seller will be required to do the work necessary to bring the home up to energy standards before they can sell the home! Can we say money? Does that mean that there will be homeowners who will become prisoners in their homes because they can not afford to make the energy repairs that the feds require? Is that an invasion of your privacy as well as an attack on your property rights?
Hmmm, how is that going to effect short sales where the seller has no money to make the repairs and adjustments?
How is that going to effect your ability to get listings in a timely manner?
How is that going to effect your seller who is about to lose their home in a foreclosure?
How is that going to effect the seller who has to relocate for their job?
How is that going to effect the estates with heirs having to do these repairs and such when there won't be any money until the estate is sold?
I wonder if our House of Representatives and our Congress men and women EVER thought to actually ask us in the field working this business day in and day out how these bills will effect the housing market?
Of course, the US will be living Cap and Tax while the real perpetrators of dirty air like China and India get off scott free. There will be an unfair advantage in pricing products and manufacturing to the point that if a US company even stands a chance of staying in the manufacturing business will have no choice but to move their company oversees which in turn will cause a massive layoff of people increasing the already high unemployment problem we are facing in our country.
How will the unemployment effect your real estate business?
How will the unemployment effect the REOs and massive foreclosures in your community?
How will the unemployment effect home values as you get more and more vacant properties in your area?
If you are an agent in America's farmland you will begin to see farms no longer being able to produce a profit. Farms use a lot of energy. Energy use will be punished. This is why nearly every politician from a farm land state no matter what party they are affiliated with voted no to this bill. Their districts will suffer terribly. As this happens we will be buying more and more produce from other countries with far less health standards than our own. I don't trust foods, especially produce from China or other countries except Europe. But we don't import our veggies from Europe!
How is this going to effect your real esate business if you live and work in a farm land state?
When it comes down to the nitty and the gritty about this bill you must remember that GE is the biggest supporter of this bill. They stand to make billions of dollars from the passage of this bill. The politicians voting yes on this bill, many of them are getting paid to vote yes. And Al Gore will become the very first GREEN billionaire. It is just too bad that he is not a real capitalist. He could not become a billionaire playing fair and square. Instead, he has an unfair advantage, legislation to make him filthy rich. Not exactly the free market way. It is all about the money.
Contact your Senators now to vote NO now. Click on this link to find your Senators and contact them by email, phone and fax today. Let them know how this is going to effect your business and your community homeowners and buyers. Pass this on...
Love Downtown Cleveland? Here is another reason to be in Downtown this Friday and any other Friday this summer.
House of Blues and Pickwick and Frolic have provided greater Cleveland with a free mortgage/rent sweepstakes. A winner will be picked at the end of June, another the end of July, and a final and third winner will be picked at the end of August. House Of Blues and Pickwick will pay the three lucky winner's rent or mortgage up to $1,000.
What a wonderful and funny way to prevent foreclosures and fight the mortgage crisis!
Cleveland Realty Show and Networking Event "2009. Time to buy in Cleveland"
I am very proud and glad to announce a very successful start of a series of the Cleveland Realty Networking events "2009. Time to Buy in Cleveland".
First Event of this series took place in Mayfield Heights on Wednesday, June 10th 2009. Warm, inviting atmosphere of a beautiful reception created by wonderful staff of Sherwin-Gilmour Party Center, helped participants to be more attentive to a highly informational seminar.
Active Rainers Tim Bradford, Khash Saghafi, Sarah Minneman and me, Svetlana Stolyarova met at this Event and made it wonderful. We wish more Active Rainers could make it that evening. That's fine, we will have another Event in September, so prepare to rock! We also hope to see more participants of the Event here at Active Rain!
Impressive presentations followed by a lively discussion and face-to-face consultations. Home owners and prospective home buyers who attended this Events had an opportunity to meet great professionals, ask the questions and receive good professional answers about hot and yet confusing topics.
First time buyer tax credit of 2009 - Presented by Svetlana Stolyarova, Local-n-Global Realty
Ohio 203K rehab financing, how to buy and finance a great property in POS cities with escrow requirements - Presented by Tim Bradford, American Midwest Mortgage
Short sales - nightmare or great opportunity? Legal aspects of short sales closings - Presented by David Streeter, Jr., Statewide Title Agency
No and Low Down Payment Mortgage programs. Anatomy of Mortgage crisis - Presented by Khash Saghafi, Crosscountry Mortgage
Advantages of Home warranty for the home owners - Presented by Kimberly Loving, HWA
Special thanks to all our speakers and to our guests Sarah Minneman of North Title, Garry Mann of Local-n-Global Realty, Mark Garrett of State Farm Insurance, Steven Weincroot of In-Life Corp. for support and help.
We are all looking forward to meeting at the next Event, which is planning to be in September. Home buyers and home sellers in Cleveland need more information on hot Real Estate topics!
We are looking forward to seeing more Active Rainers there. It's a great chance to promote our business and our on-line community.
Please call Svetlana 216-548-4663 or e-mail to: Realty@Local-n-Global.com.
We want to see as many Active Rainers as possible!
It's a great opportunity to meet and have fun. FREE showcase opportunities are offered to Active Rainers. Just call Svetlana Stolyarova at 216-548-4663 or register online.
Showcase opportunities for Real estate, mortgage, title, tax, legal professionals, builders, designers, landscapers are still open. Bring and share your business cards, brochures and marketing materials. We will display your marketing materials and information.
Showcase participant receive two additional Home Buyer tickets for free. Come and bring your clients or friends!
Local-n-Global Realty, Home Warranty of America, U.S.Bank, Statewide Title Agency, First Place Bank, Newsbridge Corp., North Title are sponsoring the presentations and open bar.
Richmond Heights is a great place to live. Conveniently located close to major highways and in minutes of driving from University Circle, Cleveland Clinic, it features beautiful Metroparks, Hospitals, shopping malls, restaurants, places of worship, good public transportation and affordable housing.
Richmond Heights is a wonderful diverse international community. Many people with deep European roots, members of Italian, Serbian, Croatian, Armenian, Chinese, Russian, Indian, Vietnamese ethnic communities of Greater Cleveland call Richmond Heights their home. I can promise a great food in neighborhood ethnic restaurants and grocery stores!
Richmond Heights Real Estate market creates a very good opportunities for home buyers today. Richmond Heights is one of few communities where reasonably priced new constructions are still in a good demand. House value in Richmond Heights was affected by both mortgage crisis and property tax increase. You can check out information about recent house sales in Richmond Heights and other neighbothoods of Greater Cleveland at www.Local-n-Global.com. Richmond Heights is currently undervalued, which is great for today's home buyers who have a chance to "steal" very good pieces of Real Estate in Richmond Heights and enjoy convenient and diverse life style of wonderful Richmond Heights.
I am proud to present a very good starter home in Richmond Heights to all interested buyers. It's a perfect opportunity for the first time home buyers to purchase and own a very good, solid, beautiful home for a very reasonable price and benefit from First-time home buyer tax credit of 2009.
You are welcome to visit our Open House this Sunday, May 31 between 2 pm and 4 pm.
Please call Svetlana 216-548-4663 or e-mail to: Realty@Local-n-Global.com.
Public's perception of price tags on Cleveland Real Estate is simple:
Everything's on a huge sale!
After browsing numerous web sites which list foreclosueres, pre-foreclosures and auction sales, potential investors very often get a wrong idea that you can buy a good investment property in Cleveland for around $10,000.
Reality is a little bit different. As a Real Estate broker who consults local and international home buyers in Cleveland, I do not want my clients to get surprised by unexpected or undisclosed problems or circumstances. Surprises should not accompany any Real estate transactions.
One of the reasons why apparently good bargains are not such great deals is that the properties selling for low pirces are usually in a very bad shape.
Many investors are looking for Shaker Heights and Cleveland Heights as for good communities to buy Real Estate. That's indeed a very good choice. However, home buyers in Shaker Heightsand Cleveland Heights should be aware of Point of Sale Inspection.
Below is the Point of Sale Fact Sheet prepared by the City of Cleveland Heights for home buyers and home sellers in Cleveland Heights.
There is a difference in assuming POS violations by the home buyers in Cleveland Heights and Shaker Heights. The difference is not only in escrow amount. Cleveland Heights requires 125 % of estimated repair amount to be held in escrow, while city of Shaker Heights asks for 150 % of estimated cost to be escrowed.
The difference is also in the procedure. Shaker Heights expects the home buyers to hire their own contractor who should be registered with the City of Shaker Heights, to make a detailed estimate of repairs needed to bring the property up to the Code. This estimate should be presented to the Building Department of the City of Shaker Heights for approval.
Cleveland Heights makes its own estimate of escrow amount which should be brought to the closing.
In both cities the home buyer who assumes the POS violations should be prepared to bring on closing table whatever is needed to buy the house in Shaker Heights or Cleveland Heights plus escrow amount required by the City. After authorized completion of all repairs the owner can claim the funds from escrow account.
When you pay cash for your house in Shaker Heights and Cleveland heights, this POS escrow requirement does not sound scary. However if you leverage your purchase it may become a problem. We will discuss how to finance the home purchase in POS municipalities in the future posts.
Please call Svetlana 216-548-4663 or e-mail to: Realty@Local-n-Global.com.
Solon OH is one of the most popular communities of Greater Cleveland. Families with kids love it because of excellent educational opportunities offered in this city. Solon SchoolsDistrict is number one choice for hundreds of families with kids in Greater Cleveland. Solon shopping, restaurants, entertainment, metro parks, businesses offer so much to people of any age and lifestyle.
I am proud to present a very good house in Solon for those of you who are looking for a good, solid, improved, young, reasonably priced Solon home.
House at 7629 Lindsay Lane which is in Oakview Estates of Solon will be Open for brokers this Tuesday, 05/12/2009 between 11:30 am and 1:00 pm.
Dear colleagues! You are welcome to preview this wonderful house, grab some food, meet with the other agents and have fun!
First public Open House will be held on Sunday May 17 between 2 and 4 pm.
Please call Svetlana 216-548-4663 or e-mail to: Realty@Local-n-Global.com.
Residents of Orange, Pepper Pike, Moreland Hills, Hunting Valley and Woodmere have two great news to share.
The first one is that the 31st annual Orange Jubilee will take place on May 15-16 on the Orange Schools campus, 32000 Chagrin Blvd. We heard sad news about few communities cancelling their annual festivals this year. Happily, Orange is good and running!
The traditional spring festival opens at 6 p.m. on Friday, May 15 and runs whole Friday night till 10:30 p.m. Saturday May 16 will be another whole day of fun, music, rides, food, entertainment. Bring your friends and family and have a lot of fun at Orange Jubilee!
News number two for today is that excellent Orange Schools will not seek a new operating levy this year.That's a very good news given the state of economy and an impact of this year's Cuyahoga County property re-appraisal of the houses. Four of the five Orange Schools District's communities lost property values or stayed stable. Hunting Valley is the one which gained six percent.
Want to buy a house in the communities belonging to Orange Schools District?
Please call Svetlana 216-548-4663 or e-mail to: Realty@Local-n-Global.com.
Exceptional listing services for home sellers in Greater Cleveland.
Svetlana Stolyarova, Broker of Local-n-Global Realty is licensed to practice Real Estate in the state of Ohio.
Buy globally!
Transnational Referral Certificate.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
There is a difference in assuming POS violations by the home buyers in Cleveland Heights and Shaker Heights. The difference is not only in escrow amount. Cleveland Heights requires 125 % of estimated repair amount to be held in escrow, while city of Shaker Heights asks for 150 % of estimated cost to be escrowed.
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