Cleveland Heights, OH

Greater Cleveland is the home city of Cleveland Clinic, University Hospitals, MetroHealth Hospital. We are proud to have one of the best health systems in America and in a whole world!

Many doctors relocate to Greater Cleveland every year. One of the biggest challenges for relocating doctors, especially for those who chose Cleveland hospitals for their residency program is to find the right housing solution.

Though most of new residents would like to buy home or condo, they end up renting the place at least for one year. I had few first year residents last summer who called me on condo within five minutes to Cleveland Clinic. Interesting observation: most of the doctors want to buy condo in a decent neighborhood close to Clinic but they keep in mind that in few years they might need to move out of the area, so they want to buy a rentable unit.

I like and support this idea. As we all know, it's pretty hard to sell without big losses if you buy for just three or four years. However, keeping the place as a rental property is a very smart idea. Unfortunately, not too many condominium associations in vicinity of major Cleveland hospitals think the same way: rent is prohibited almost everywhere.

Here is the solution: Severance Place condominiums.

That's a wonderful urban style complex conveniently located right at Severance Center in Cleveland Heights. I will tell you more about this place in the next posts. Now - just few features:

Reaonable pricing - starting from $160s

Good quality - stainless steel appliances, granite counter tops, washer and dryer included

Secured and covered parking

Financing available

7 years tax abatement - WOW!

NO RENTAL RESTRICTIONS!!!

Please call me 216-548-4663 or e-mail to Realty@Local-n-Global.com.

I will be happy to find the right housing for you.

Sincerely,

Svetlana Stolyarova, Local-n-Global Realty.

NEED TO SELL? Local-n-Global outstanding marketing brings results to our sellers. Why wait? Call 216-548-4663

Need

Laura Johnston of the Plain Dealer was in attendance along with around 70 people, myself included, to experience the auction of this amazing home.

I was very impressed by the turnout, especially in this market, and the bidding ran up pretty quickly... starting around $200,000 and running up to $250,000, to $300,000, to $350,000, then to $400,000... Tom Seaman, the auctioneer, tried valiantly to get the bidding up, and over the next ten minutes, could not cajole any of the bidders to wander over the $400,000 mark, not to $450,000, not to $425,000... He then mentioned that the family selling the home had a reserve (he had indicated such before the auction began) which had not yet been met. The auction still remained stalled. He then closed the formal auction, and indicated that the auction staff would work privately with the bidders to try to come to some agreeable price with the family.

Most people milled around for 20 or so minutes more, the whole auction taking really only about a half hour... and in those 20 or 30 minutes after the bidding, an agreeable sales price was met... the sellers were disappointed not to see their reserve met... the winning bidder must have been pleased to get the home for a value price. In this market, the sellers, like all sellers, are disappointed with the lack of even greater activity. However, in the end, their unique home is sold!

Here is Laura Johnston's artcle:

3rd-floor ballroom doesn't swing bidders: Heights mansion struggles in auction

http://blog.cleveland.com/metro/2008/10/3rdfloor_ballroom_doesnt_swing.html

Be sure to visit this site: www.heightsobserver.org Such a wonderful new newspaper for Cleveland Heights, Ohio... I am delighted to read this newspaper... check it out for yourself.

Here is an article from the Heights Observer:

Location, Location, Location: Montessori High School faculty make Cleveland Heights home

Montessori High School's classroom building at 11025 Magnolia Drive. Designed by Charles F. Schweinfurth, the structure houses classrooms, music practice rooms, an art and design studio, and a multi-media conference area. It is said to be one of the finest examples of Federalist architecture in Northeast Ohio.

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When a new Montessori High School (MHS) opens in University Circle this August, many of its faculty and staff will be able to coast down the hill from homes in Cleveland Heights. The first high school of its kind in Northeast Ohio, MHS has attracted faculty from Michigan, California, Washington, and Wisconsin, among other places. “I find the short commute, whether by bike, on foot or by car, to be very convenient,” says French teacher Sebastién Thiry.

James Moudry, director of operations and humanities teacher, was one of the first newcomers to call the Heights home. He, his wife Sarah, and their two young sons moved from Seattle last fall. “Cleveland Heights attracted us immediately because of the wonderful mix of homes and natural settings,” Moudry said. “The quality of life extends from the unique neighborhoods to the retail pockets like Coventry Village. Our move from Seattle was made easier by the overall reception we received from neighbors, the city itself and even the businesses.” He adds, “we are not so old that we cannot enjoy the spirit of Coventry Village. And our sons’ enthusiasm for the playground at Peace Park is only exceeded by their enjoyment of dinner at Tommy’s.”

Mansions now School Building and Dormitory

Moudry worked closely with school founder and executive director David Kahn and academic and curriculum director Christopher Kjaer to launch the school, which will open with 45 students in grades nine through eleven this fall. MHS is housed in two historic mansions located on Magnolia Drive. The Federalist style main classroom building was designed by renowned architect Charles F. Schweinfurth, who designed homes on Cleveland’s “Millionaires’ Row,” as well as the Old Stone Church, Trinity Cathedral, the Union Club and the stone bridges along Martin Luther King, Jr. Blvd.

The team has constructed a greenhouse on the property and forged relationships with the cultural institutions in University Circle. “We have had an office in the Cleveland Botanical Gardens since last September,” said Moudry. “I’ve had a chance to meet employees, guests, and visitors, providing me with a window on how the Botanical Gardens functions.”

A renovated carriage house is the science laboratory. Christopher Kjaer, director of research and curriculum design, moved to Cleveland Heights from Grand Rapids. Kjaer worked closely with a team of scientists and architects to remodel the building. “When I see our new high school, I see the vibrancy of this incredible, culturally rich area. In designing curriculum, how many people have the depth of choices that we have?” says Kjaer. “Look around us: a world class setting that the New York Times called singular in depth and diversity. It’s akin to the perfect education opportunity!”

Passionate about Teaching Excited about Location

Julie Reyers and her husband Dan closed on their new Cleveland Heights home over Memorial Day weekend. “We looked at several homes in the Heights,” says Reyers. “We wanted a neighborhood where our daughters had access to the parks, swimming, and of course, we like the idea of walking.” The new Montessori English teacher was excited when realtor Kevin Cahill was able to show them a home that met all their criteria, and was close to the girls’ new school, Holy Rosary Montessori School. “To think that we have this kind of community so close to Montessori High School, and that it fits what we were looking for is really a gift for all of us.”

Kjaer and Mouldry say that they are passionate about their vibrant surroundings. “University Circle is obviously an incredible location for a school," says Kjaer, "and Cleveland Heights is an incredible home to many of our staff!”

FutureHeights will hold a Members-Only Tour of Montessori High School on Saturday, July 26 at 10:00 a.m. For more information or to become a member of FutureHeights, call 320-1423.

Jean Buchanan is director of institutional advancement at the Montessori High School at University Circle and lives in Cleveland Heights.

It's a wet and coldish day here in Cleveland Heights right now... a bit of rain drizzling down on the snow, creating an icy patch of tundra across lawns and under-plowed driveways. The birds are flitting about, looking for food. I just threw the last of my bird seed out for them in my backyard.

I had a busy day yesterday with listing appointments, and more listing appointments today. What I am noticing is that the broad absorption rate in most cities on Cleveland's east side is around 16%... almost uniformly. But when you look more closely at smaller segments of the market, say 4 bedroom homes, or homes priced between $200,000 and $250,000, the absorption rate climbs to about 27%... almost uniformly across cities.

What that suggests to me is that there are really two markets at play right now... those properties that are desirable, priced right, and in great condition. And then there are those other properties creating real drag on the market because they are overpriced, not so desirable, and in lesser condition than the competition.

Today's market is really about price, first and foremost. Buyers want more for the same, or the same for less... a value driven market. If a home is not a value, compared to the competition, then it's just clutter.

If you have occasion to be in Cleveland Heights I highly recommend a visit to Cleveland Heights new library on Lee Road. It's a wonderful community resource with state-of-the-art check-out facilities linked to your email, great DVD's and CD's, teen rooms, conference rooms, special community exhibits, and more. Go to

http://www.heightslibrary.org/ma_lib_info.php?action=hours

Don't miss this great community resource!

Visit my websites at www.scotthaigh.com or www.realtyone.com/scott.haigh