Keller Williams Realty Greater Cleveland To Open Downtown Office
Keller Williams Realty Greater Cleveland plans to increase their market presence by opening up in downtown Cleveland. Plans call for Keller Williams Realty Greater Cleveland to open before the end of the year, possibly as early as December 1, 2009.
The new office, located in the historic Warehouse District in the Cloak Factory building at 635 W. Lakeside Ave, will open with over $30,000,000 in inventory and 17 agents, many of whom are some of the areas top producers. The office interior will have a look consistent to many historic offices in downtown Cleveland complete with hardwood floors and exposed beams.
While most local real estate agents don't service the downtown area, deciding to focus on the surrounding suburbs instead, the agents in this new office will be highly experienced with urban dwellings and be able to help consumers who are looking to buy and sell within the city of Cleveland in addition to outside of the area. The downtown Cleveland residential real estate market has relatively few agents and Keller Williams Realty Greater Cleveland is positioned to greatly increase their market share here.
While Keller Williams Realty International has over 80,000 agents and is the third largest real estate franchise operation in the nation, they have only been in the Cleveland area market for 7 years. However, during this time, they have grown from 9 agents in one office, to approximately 500 agents in 5 offices. In addition to the downtown office, 5 additional offices are planned in the near future.
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About The Authors:
This information is provided compliments of Amy and Dan Schuman, The Schuman Team Keller Williams Realty. The Schumans have worked with numerous professional athletes, business owners, and executives who are relocating to Cleveland. They specialize in the Cleveland Ohio luxury home market and also enjoy working with first-time buyers as well.
If you are looking to buy or sell Cleveland real estate, including the surrounding suburbs, please contact the Schuman Team at 216-346-3235.
SEE ALL CLEVELAND AREA HOMES FOR SALE BY CLICKING BELOW:
CHECK OUT THE SCHUMAN TEAM'S AWARD-WINNING WEBSITE
Keller Williams Realty Greater Cleveland To Open Downtown Office is the property of The Schuman Team and may not be duplicated or used without their written consent. ©Nov 2009
Bainbridge Home Statistics
Here are all home sales last month in Bainbridge:
| SOLDS October 2009 | SALE PRICE |
| 17682 Eastbrook Trl | $90,000 |
| 18900 Geauga Lake Rd | $177,500 |
| 17096 Eastview Dr | $215,000 |
| 7682 Country Ln | $336,000 |
| 7860 Bainbrook | $417,500 |
| 17340 Red Fox Trl | $530,000 |
| 18770 Brewster | $710,000 |
SUMMARY
Overall, there were a total of 7 homes sales in Bainbridge in October at an average sales price of $353,714. Last October saw 13 sales at an average of $338,808. Year to date, there have been a total of 81 homes sales with an average sales price of $325,850. There were 94 home sales through the first 10 months of 2008 with an average sales price of $332,555.
While homes sales are down in terms of number of sales, these Bainbridge home statistics show that the average sales price is fairly close to what is was last year. A possible sign of the bottom of the market. The good news is that the Bainbridge luxury home market, homes that sell for over $500,000, is about in line with last years figures. This is significant because many surrounding areas, including Solon, have seen a drastic decrease in luxury home sales.
There are currently 21 homes under contract, making it a possibility that we will have as many sales in 2009 as we had in 2008. The average sales price will also be close to what it was last year.
What does this all mean? To begin, it may mean that things won't get worse and perhaps 2009 will be the bottom in terms of Bainbridge real estate values. This could be the sign many buyers have been waiting for as the economy slowly improves and their decision to buy will be made easier knowing homes prices are no longer depreciating.
There are still a lot of homes on the market in Bainbridge, especially in the luxury home market, and it should continue to be a buyers market here for quite a while.
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About The Authors:
This information is provided compliments of Amy and Dan Schuman, The Schuman Team Keller Williams Realty.The Schumans are experts in the Cleveland Ohio real estate market and specialize in luxury homes, home staging, and working with buyers relocating to Cleveland.
If you are looking to buy or sell a home in Bainbridge or the surrounding Eastern suburbs, please contact the Schuman Team at 216-346-3235.
VIEW ALL BAINBRIDGE HOMES FOR SALE BY CLICKING BELOW:
CHECK OUT THE SCHUMAN TEAM'S AWARD-WINNING WEBSITE
Bainbridge Home Statistics is is the property of The Schuman Team and may not be duplicated or used without their written consent. ©Nov,2009
Beachwood Home Statistics October 2009
Here is a list of all single family homes that sold here in Beachwood in October. A market summary will follow.
| SOLDS October 2009 | SALE PRICE |
| 24561 S Woodland Rd | $145,000 |
| 2577 Elmhurst Dr | $222,500 |
| 23608 Ranch Rd | $222,500 |
| 24875 Shaker Blvd | $235,000 |
| 23258 Fernwood Dr | $252,000 |
| 2630 Buckhurst Dr | $340,000 |
| 24602 Hawthorne Dr | $358,000 |
| 2257 Orchard Way | $568,500 |
MARKET SUMMARY
Last month's Beachwood home statistics look much better than those from October 2008.
Overall, we had 9 homes sell last month compared to only 7 sales in October 2008. The average sales price last month of $295,944 was also higher than in 2008, which was $174,857.
Year to date figures also indicate that 2009 is going to be better statistically than 2008. So far this year, we have had 93 sales in Beachwood at an average price of $261,557. Last year at this time, we has 83 home sales at an average price of $257,288.
While the number of sales don't seem to be a lot, Beachwood is a fairly small city with a limited housing stock. Usually, there are no more than 40-60 homes on the market in Beachwood at any given time. With a solid tax base, excellent rated schools, and an active Chamber of Commerce, Beachwood real estate is usually in demand. Beachwood offers its residents great location with easy access to I271, superb amenities, and access to some of the best shopping in all of Ohio. The large depreciation seen in other areas has not hit Beachwood, according to our Beachwood home statistics.
With 22 homes currently under contract, 2009 should end up being statistically better than last year, a good sign for the local Beachwood real estate market.
Check out other articles of interest on Beachwood Ohio:
Beachwood Market Report Third Quarter of 2009
Beachwood Ohio Monthly Market Report April 2009
Beachwood Ohio First Quarter Market Report 2009
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ABOUT THE AUTHORS:
Dan Schuman is a proud member of the Beachwood Chamber of Commerce and has served on the Board of Directors for the past 7 years.
The Schuman Team, Amy and Dan Schuman, specialize in luxury homes and work extensively with buyers and sellers who are relocating to Beachwood.
If you are looking to buy or sell a home in Beachwood or surrounding suburbs you can contact the Schuman Team at 216-346-3235.
VIEW ALL BEACHWOOD AREA HOMES FOR SALE BY CLICKING BELOW:
CHECK OUT THE SCHUMAN TEAM'S AWARD-WINNING WEBSITE
Beachwood Home Statistics October 2009 is the property of The Schuman Team and may not be duplicated or used without their written consent. ©Nov,2009
SOLON MONTHLY HOME STATISTICS
Here is a list of all homes that officially transferred in October. We will provide a summary after the list.
| SOLDS October 2009 | SALE PRICE |
| 37805 Pettibone Rd | 108,000 |
| 35650 Bainbridge Rd | 113,000 |
| 6631 Solon Blvd | 135,500 |
| 6620 Edgemoor Ave | 150,000 |
| 5175 Parkside Trl | 169,400 |
| 36145 Bainbridge Rd | 183,000 |
| 5855 Liberty Rd | 190,500 |
| 5950 Hansom Dr | 195,700 |
| 32255 Tracy Ln | 218,000 |
| 28661 Naylor | 219,000 |
| 33640 Outley Park Dr | 305,000 |
| 33900 Country View Ln | 307,000 |
| 32370 Seneca Dr | 319,000 |
| 5894 Briarhill Dr | 330,000 |
| 5894 Briarhill Dr | 420,000 |
| 39106 Glenlivet Ct | 500,000 |
There were 16 total homes that sold in October in Solon at an average sales price of $241,444. This is almost the same exact average sales price as last month. Last September saw 22 sales at an average price of $314,682 . These Solon home statistics indicate a trend continuing of lower and moderate priced homes selling and higher priced homes sitting on the market.
SUMMARY
Overall, sales and average sales price remain lower than in 2008 and unless we end the year strong, we will not surpass last years numbers. We have had 202 sales here in Solon so far in 2009 with an average sales price of $289,351. Last year at this time we had 213 sales at an average price of $342,578.
Here is the interesting part of the numbers. In 2008, through the first 10 months of the year, there were 66 sales of homes priced under $200,000. So far this year, we have had 78 sales of homes priced under $200,000. Furthermore, there have been only 28 sales of solon luxury homes, those priced over $500,000, this year compared with 44 sales through the same period of time in 2008.
The overall numbers indicate that almost the same number of homes have sold in Solon this year, but that the types of homes people are buying and selling are predominantly below $500,000, with concentrations in the $150,000-$350,000 range. While the decline of the Solon luxury home market has had an affect on the overall average sales price, the market is still just as active as it was last year.
Check out previous Solon Ohio market reports:
July and August 2009 Market Report Solon Ohio
May 2009 Market Report Solon Ohio
April 2009 Market Report Solon Ohio
Solon 2009 First Quarter Luxury Home Market Report
Solon 2009 First Quarter Market Report All Homes
February 2009 Market Report Solon Ohio
January 2009 Market Report Solon Ohio
2008 Year End Housing Summary Solon Ohio
2008 Luxury Market Report Solon Ohio
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About The Authors:
Dan and Amy Schuman are Solon residents. They specialize in luxury homes, working with buyers relocating to Solon, and first-time buyers.
If you are looking to buy or sell a home in Solon or the surrounding Eastern suburbs, please contact the Schuman Team.
For a personal consultation or to speak directly to The Schuman Team, call 216-346-3235.
VIEW ALL SOLON HOMES FOR SALE BY CLICKING BELOW
CHECK OUT THE SCHUMAN TEAM'S AWARD-WINNING WEBSITE
Solon Real Estate: Monthly Home Statistics is the property of The Schuman Team and may not be duplicated or used without their written consent. ©Nov,2009
Cleveland Ohio Homes - First Time Buyer Credit Extension Defined But Not Finalized
With the first time buyer credit about to expire on Dec. 1, 2009, senate negotiators have reached a deal to extend the tax credit. However, this is only a tentative deal and has NOT been finalized. Here are details of the proposed extension that could greatly affect first time buyers in Cleveland as well as move-up buyers:
* Extending the existing credit to first-time buyers through July 1, 2010, but homes must be under contract by April 30, 2010
* Offering a new credit of up to $6500 for existing homeowners who have been in their current home for a consecutive 5 year period in the past 8 years
* Increasing income limits from $75,000 to $125,000 for singles and from $150,000 to $250,000 for couples
* Possible change in the way buyers report their purchase to the IRS due to fraud and abuse currently being reported
This extension is being discussed in order to better boost the weakened real estate market. While there have been signs of recovery in the housing market over the past few months, legislators are concerned by the recently report of a decrease in September new home sales.
Please keep in mind that this has NOT yet been approved by the Senate. First-time buyers here in Cleveland who are racing to make the current November 30, 2009 deadline should continue to move forward with their plans as the extension may not materialize or could become significantly changed from the present proposal.
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About The Authors:
This information is provided compliments of Amy and Dan Schuman, The Schuman Team Keller Williams Realty. The Schumans service both the East and West sides of Cleveland and have worked with numerous professional athletes, business owners, and executives who are relocating to Cleveland. They specialize in the Cleveland Ohio luxury home market and also enjoy working with first-time buyers as well.
If you are looking to buy or sell Cleveland real estate, including the surrounding suburbs, please contact the Schuman Team at 216-346-3235.
SEE ALL CLEVELAND AREA HOMES FOR SALE BY CLICKING BELOW:
CHECK OUT THE SCHUMAN TEAM'S AWARD-WINNING WEBSITE
Cleveland Ohio Homes - First Time Buyer Credit Extension Defined But Not Finalized is the property of The Schuman Team and may not be duplicated or used without their written consent. ©Oct 2009
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We specialize in relocation, luxury homes, and service the entire Cleveland metro area. Solon residents, Accredited Luxury Home Specialist and members of the Institute for Luxury Home Marketing.
Dan and Amy Schuman are well respected, top agents servicing the Cleveland real estate market. Dan has over fourteen years experience in the Cleveland real estate industry and has been involved in over 2000 transactions. Dan is one of the area's top agents when it comes to Cleveland luxury homes, having worked with professional athletes, business executives who have relocated to Cleveland, and numerous local move-up buyers. He is also the only real estate agent in Ohio to hold the Accredited Luxury Home Specialist designation, solidifying his status in the Cleveland luxury home market. Dan also holds the prestigious E-Pro designation, making him one of the area's leading experts in the area of Internet marketing. The Internet is the fastest growing and most essential marketing tool today and his proficient insider's knowledge makes all the difference in successfully marketing homes for our selling clients. Amy is a member of the prestigious Institute For Luxury Home Marketing, complementing Dan in the Schuman Team's commitment to the local luxury home market. Amy is also an Ecobroker, the premiere "green" designation for real estate professionals. Those buyers who are conscious about energy efficiency and living "green" will be well serviced by Amy's knowledge in this growing field. More important to us than our awards and numbers is that our level of expertise allows us to do what's most rewarding - help people. We're never "pushy" or aggressive with our clients, but we are aggressive when it comes to getting them what they want.
Being a husband and wife team gives us the "power of two". Our clients get two professionals each with specialized areas of expertise and unique personalities. We truly enjoy our work and strive to maintain a healthy balance between work and family life. Dan holds a black belt in Tae Kwon Do and actively competes, winning both National and State gold medals. Dan also enjoys Muay Thai, weight training and has a stong interest in nutrition.
We enjoy helping clients by being a good resource for them. Whether someone needs to find a doctor for their children, a good handyman, or just needs the name of a good local restaurant, we'll be there to lend a helping hand. In fact, many of our clients become our friends, which is one of the greatest rewards of our profession.
Amy is more at home in the kitchen than the gym and enjoys cooking and fine wine. She is an avid reader, crossword addict, and loves photography.
As previously mentioned, luxury homes are our forte. We apply our specialized training and experience in distinctive home sales to help you successfully buy Dan and Amy Schuman are founding members of the prestigious Luxury Home Consultants of Keller Williams Realty Greater Cleveland. Each Member has individually earned the finest reputation in the communities where they live and work. Together, the Luxury Home Consultants' combined specialties create a powerful force, working to benefit you. While we service the entire Cleveland real estate market, no one knows Solon, our hometown, better than us. Solon has been ranked the #1 Suburb in the area by Cleveland Magazine two out of the last three years. While Solon's reputation locally is well-known, Solon is also gaining attention nationwide as well. In 2009, the city was listed by Money Magazine as 23rd in its list of "Best Places to Live in the U.S." The Solon School district also ranks among the nation's best. In fact, Solon was featured in Newsweeks list of top public schools in their spring 2009 issue. Solon is a popular place to live for those relocating to the Cleveland area for many reasons. In addition to the top ranked school system, Solon is also in close proximity to the airport and downtown, making it ideal for business executives. There are also more luxury homes in Solon than any other Cleveland area suburb. Here is a brief summary of some of Solon's most exclusive developments: BRIAR HILL - With homes built in the late 1940's and 50's, this development offers old world charm on park-like 1-3 acre lots. Boasting it's own pond for swimming and recreation, Briar Hill offers a bit of the country living in the heart of Solon. Homes prices range from $250,000-$500,000. CHAGRIN HIGHLANDS - This is a vast development located in the central part of Solon with most homes being built in the early to mid 1990's. Homes range from $450,000-$1,000,000+. The distinguishing feature of Chagrin Highlands is that all homes are situated on lots of at least an acre!
or sell - no matter what your price point. Our association with the Institute for Luxury Home Marketing allows us access to marketing resources not available to most agents.
HUNTINGTON WOODS - This well-situated central Solon development consists of two phases. Homes were built from the early 1990's with the last home being completed in 2000. This development has sidewalks, and is walking distance to the Solon Center for the Arts and nearby shopping. All homes here were built by Dinallo and Wittrup, custom home builders who are know throughout Solon for their high quality and customer satisfaction. Homes here range in value from $350,000-$515,000.
HERITAGE LANDING - Located conveniently off SOM Center Road, this subdivision consists of two housing styles. Part of the development contains single-family homes on about .5 acres built in the mid 1990's and range in price from $400,000-$550,000. The newer portion of Heritage contains cluster homes built after 2000 that sit on approximately .25 acres. Many of the homes here have master bedrooms on the first floor and are considered lower maintenance as the monthly fee associated with them covers lawn care and snow removal.
NORTH HILL - Unique development in the heart of North Solon. With homes built in the 1960's and 70's, North Hill offers homes with unbelievable charm set on beautifully wooded 1 acre lots. A true neighborhood development in every sense boasting it's own pool, tennis courts, and calendar of social events just for North Hill residents. Not your typical Solon development. Prices range from $375,000-$575,000.
NORTH PARK -- Premiere upscale North Solon development. Homes built within the last 7 years situated on large lots ( .75 acres+ ) and priced mainly in the 700's, 800's, and 900's. Impressive finishes and upgrades abound in these fine Solon luxury homes. THE PRESERVE - Like many other large subdivisions, The Preserve was also built in two phases with most homes here being built in the early to mid 1990's. A large development with sidewalks, homes here range in value from $350,000-$550,000.
ROLLINGBROOK -- One of the most distinguished developments in Solon boasting homes on at least 5 acres of land. The homes here were built in the 1980's and are priced from $650,000 + but rarely come up on the market. Located next to Signature of Solon, this development is truly a gem of Solon. SIGNATURE OF SOLON - Signature of Solon is a prestigious gated community consisting of two phases and has 354 home sites, ranging in price from $600,000 - $1,000,000+. Homes in Signature have all been built within the last 8 years with some new construction and lots still available. Membership to Signature Country Club is a requirement for anyone buying a home in Signature of Solon. Signature has a professionally designed 18 hole golf course, tennis courts, a pool, and one of the largest clubhouses in the state allowing for casual or fine dining, private rooms for intimate dining, or large rooms perfect for wedding, bar-mitzvahs or large corporate gatherings. THORNBURY - Thornbury is a picturesque upscale non-golf course community with over 250 newer homes situated on beautiful lots of at least .5 acres. Home prices range from $550,000+.All homes in Thornbury have been built within the last 8 years with some new construction and lots still available. Sidewalks and location make this a very desirable community.
"Dan and Amy really have their fingers on the pulse of the housing market in Northeast Ohio. All of their recommendations were accurate and helpful, and their help enabled us to sell our home in just one month in a rough housing climate. They really eased our minds and lowered our stress during the whole process."
B.N. - Solon, Ohio
"Thank you Dan and Amy. Thank you so much for making the house hunting and purchasing process easy and enjoyable. Your energy, attention to detail, and depth of knowledge landed us in the perfect house. Keep up the great work!"
S.A. - Solon, Ohio
"Amy's Staging experience made all the difference in helping us sell quickly"
J.R. - Hudson, OH
"The Schumans were a pleasure to work with. Since the house was vacant, Amy Staged my house with furniture and accessories to increase the likelihood of a sale. That worked beautifully! A few days after we listed the house, we had an offer! We were amazed. The buyers closed on the house two weeks later. If you want your house sold quickly, I suggest you hire the Schuman Team."
D.M. - Orange Village, Ohio
"The Schuman Team helped us find a buyer for our home in less than 30 days. An accurate competitive assessment gave us confidence in their marketing plan. In a tough market, getting the attention of the right buyers resulted in a strong offer that helped us maximize our selling price. Amy and Dan's candor, personal service and attention to detail made the entire process go smoothly."
A.W. - Solon, Ohio
"Dan listened to our desires for our dream home and helped us find it. He was always patient, honest, and accessible. After we moved in, Dan and Amy still kept in contact and have helped our family as we were growing. They treated us more like friends or family than just clients."
B.W. - Lakewood, Ohio
"Dan was very patient with us while we were looking for our house. He made himself available when we needed, and made buying our home a nice experience. We would definitely recommend the Schuman Team's services."
N.C. - Highland Heights, Ohio
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