Mark L. Ostrovsky's (marcopolo) Blog

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Real Estate Agent - Howard Hanna Real Estate Services

ARCHIVED BLOG POSTS

2010 

It will be hurry-up and wait for drivers at the popular Richmond and South Woodland Road intersection this summer. The Beachwood OH Mayor's Office recently announced a major road reconstruction project in which the entire road will be ripped-up and replaced. The roadwork is expected to begin in M...
02/24/2010
Bigger is better sometimes, but not always when it comes to hiring a real estate agent to sell your house. Many so-called "Mega Listing Agents" can and do provide excellent service; but service doesn't improve nor do the odds of your house selling merely because an agent or their company has a bi...
02/23/2010
The U.S. Treasury wants to make it tougher for lenders to foreclose on underwater borrowers. Under the proposal lenders would be required to contact borrowers who are 60-days behind in their mortgage payments and then assess whether the borrower is eligible for HAMP (Home Affordabie Modification ...
02/23/2010
If "An ounce of prevention is worth a pound of cure," the nation's lenders have thus far not done a very good job becoming part of the solution. Turns out that Federal foreclosure prevention programs have helped a mere 12-percent of those homeowners who have applied to have their loans modified. ...
02/19/2010
Just when some were saying that the mortgage finance crisis was showing signs of slowing down, mortgage loan delinquencies have apparently climbed for the 12th straight quarter in a row. This according to the credit reporting agency TransUnion. The fourth quarter of 2009 has reportedly increased ...
02/17/2010
"I'm looking for a for-sale-by-owner property because that's where you find the real deals." Who wouldn't like to cut out the middleman and save money on a commission? In the best of all possible worlds a seller wouldn't have to pay a real estate fee and that savings would be passed on to the buy...
02/13/2010
Home sales actually increased in number as well as dollar amount in Beachwood, Ohio in 2009. This despite all of the negative news about real estate in the media! Here's a snapshot of sales in Beachwood, Ohio in 2009 versus 2008.   YEAR HOMES SOLD     AVG PRICE BEDROOMS      BATHS      D.O.M. 200...
02/11/2010
This just in from the National Association of Realtors (NAR) ... existing U.S. home & condominium sales increased 13.9-percent in the fourth quarter of 2009. More than 30-states actually saw sales increases in the double-digits! Even though distressed property sales accounted for more than 30-per...
02/11/2010
Education is a huge priority in Beachwood and the High School could use a facelift. On this basis the Beachwood Board of Education passed a resolution for voters this May to approve a $2.5-Million bond issue. If approved the High School would receive a sort of combination renovation/new construct...
02/11/2010
"I'm listing my house with the agent who comes in with the highest asking price on my property."   "Tis an old maxim in the schools That flattery's the food of fools Yet now and then your men of wit Will condescend to take a bit."   The great writer Jonathan Swift understood that flattery is powe...
02/10/2010
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Mark L. Ostrovsky

Howard Hanna Real Estate Services
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