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Cleveland housing market: the good news and the bad news...

Today, two articles were featured on the cover of the Cleveland Plain Dealer... both very well written, both thoroughly research, these articles illuminate the difficulties of Cleveland's real estate market. Impacted by the national credit crunch affecting all industries, as well as impacted by years of job losses and movement away from Cleveland's urban core, Cleveland faces challenges, and opportunities. Here are links to those two articles:

Shaheen Samavati wrote this article:

Homes in Greater Cleveland beginning to inch up in value modest increases in sales activity seem to be starting to stabilize home prices, experts say

http://www.cleveland.com/business/plaindealer/index.ssf?/base/business-8/1225269219317840.xml&coll=2

Michelle Jarboe wrote this article:

Flats East Bank project put on hold

http://blog.cleveland.com/business/2008/10/flats_east_bank_project_on_hol.html

Posted Wednesday Oct 29