South Euclid Real Estate: is POS Inspection THE solution ? - 10/21/08 10:41 AM
This post started as an extended comment on the comments to one of my previous posts about Issue 106 - vote on Point of Sale Inspection in South Euclid. As a REALTOR who supports the position of Cleveland Area Board of REALTORS on Issue 106 (Vote NO!) I received the harsh comments from the anonymous poster. The main point of the comments is that REALTORS care only about easy commission and only the City wants the South Euclid housing to prosper.
I hope that the main concern of the City of South Euclid is to improve the housing stock. However, the offered solutions are … (5 comments)

Remote investment: Few Simple Rules of Investment in Cleveland Real Estate if You Are Outside the Area. Part 1. - 10/16/08 07:54 PM
Good news for Greater Cleveland is that we have a big pool of domestic and internationl investors interested in buying Greater Cleveland Real Estate. Smart investors are attracted by low housing prices, steady rental market, great projects to revive Downtown Cleveland, including The Euclid Corridor, University Circle, Cleveland State University.
The perfect strategic location, Lake Erie with a huge supply of fresh water, great transportation system, deep cultural traditions, rich multilingual and multicultural communities, top hospitals like Cleveland Clinic and University Hospitals, excellent educational opportunities, lovingly cared metroparks - all these features attract more and more people to invest in Cleveland.

I … (0 comments)

Blast from the past: Real Estate time machine brings back the 1999 prices - 10/11/08 09:51 PM
I've just listed the nice updated condo in Richmond Place of Richmond Heights, OH. What struck me was the piece of paper which I found in my desk drawer. That was a draft for Ad which I ran in 1999. That advertising was about the 3 beds 2 1/2 baths condominium in Richmond Place - exactly the same as I've just listed two days ago!
And - the most amazing - the asking price is almost the same: back in 1999 it was $124,900. Today in 2008 it is more "Search criteria complied" $125,000.
This fact just caught my attention. I … (15 comments)

Point of Sale Inspections in South Euclid. Residents - Vote No on issue 106! - 10/09/08 12:35 PM
South Euclid is one of the most desirable destinations for investors in our East suburbs of Greater Cleveland. Why? Because of many reasons:
1. South Euclid-Lyndhurst Schools system is good.
2. Location is so convenient and accessible to University Circle, Downtown, Clveland Clinic, major highways and parks.
3. Very well developed infrustructure - shopping malls, restaurants, entertainment.
4. Nice affordable housing, desirable for both owner-occupants and for renters. 
5. No Point of Sale (POS) inspections! Only regular exterior check-ups of all houses in the neighborhoods by the building department.

POS already did a bad job in adjacent Cleveland Heights and Shaker Heights, less … (11 comments)

 
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