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Recently I came across an ad in Parent’s Magazine about the social benefits of home ownership. I thought that I would share them here.
There are many important benefits to owning a home. Pride of ownership, tax benefits, building equity all of which we speak frequently about. However, in addition to these important benefits are substantial social benefits for families, communities and the country as a whole.
1) Higher Academic Achievement: The National Association of Realtors suggests that several studies have shown that there is a direct correlation between home ownership and educational achievement. Home owners are more involved with their children’s lives especially when it comes to schooling, says a study done by Richard K. Green and Michelle J. White in 1997. Also home owners tend to move less often than renters. This stability adds to a child’s success in school.
2) More Cohesive Communities: Check out these numbers from the same NAR ad, 28% of home owners are more likely to repair or improve their home when owning. 15% of home owners are more likely to vote then renters, 11% more likely to know who represents them in Congress, and 9% of home owners are more likely to know who their school board representatives are. Simply put home owners stay longer in a community so they feel the need to improve and are more involved in the community.
3) Better Connected Families: Along with being more involved in their communities, home owners are more active and connected to their families. Compared to renters home owners are less likely to have alcohol and substance-abuse problems, and 16% more likely to belong to parent-teacher organizations. (All statistics from research compiled by the Cincinnati office of the Neighborhood reinvestment Corporation, April 2003).
4) Improved Health and Safety: Home ownership is proved to reduce crime. Home owners have a financial stake in the value of their home. Therefore, owner have more incentive to deter crime by forming and implementing voluntary crime prevention programs. Also, home owners are happier and healthier then non-owners. In fact one study found that people who recently become home owners reported higher life satisfaction, self-esteem and perceived control over their lives.
5) Stronger Economy: Home ownership creates jobs: remodeling, landscaping, lawn and pool service, home improvement and real estate services. In fact, NAR says, that each home purchase generates as much as $60,000 of economic activity in the local a surrounding area. A home owner’s net worth is 45.9 times that of a renters.
In general home ownership leads to stronger communities and happier people. Why not get started in you home search today!
If you would like to get started buying or selling your Shaker Heights, Pepper Pike, Solon, Cleveland Heights or Chagrin Falls home please contact Ellen at 216-789-9368 or email Ellen@NoPlacelikeCleveland.com
Every Tuesday at 9PM on Bravo is one of my favorite shows, “Million Dollar Listing“. The show follows three of the top real estate agents in the LA area. One of the highlights of the shows is getting to see all the great houses these guys list. The views in Malibu are awesome and it is always sunny in LA. But the show is not just about the awesome houses.
If you really watch these guys hustle and work the real estate market one thing is clear, the game of real estate is the same every where you go. The three most important parts of selling your home remain the same. Location, Condition and Price.
In a recent episode Josh Altman argues with a co-listing agent over whether to price the house at 15 million or 13 million. They eventually settle on 13.9 Million. I especially like when he says to the other agent, ”I’m not driving out here every day for a year to have a 15 million dollar listing that wont sell.” The house sells by the end of the episode for 12.8. He was right not to back down on his price. Good agents know what they are talking about when they price a home. It doesn’t matter what you paid or what you are going to lose. If you want to get a home sold you have to price it right. If you noticed the seller took a 2 million dollar loss by selling the property at this price. No matter where you go everyone is taking a hit.
Josh Flagg was just shown listing a house that is not finished in a great area. A buyer needs to have vision to want to buy it. In my opinion, and not because he is a Keller Williams Realty agent, Josh Flagg really has the right idea about real estate. He might have been in his bath robe while he was doing it, but he called everyone he knew to let them know about his new pocket listing. In this market you can’t just put a sign in the yard and pray for people to come. Even in the extreme upper end you have to pound the pavement.
These two guys might be a little quirky and because it is TV seem a little unrealistic. But the truth is, when you go to hire a real estate agent you want them to have similar skills to these guys. At The Weiner Real Estate Group we work hard to be honest and price your house right. And we can even make it fun, just like they do on TV.
If you would like to get started buying or selling your Shaker Heights, Pepper Pike, Solon, Cleveland Heights or Chagrin Falls home please contact Ellen at 216-789-9368 or email Ellen@NoPlacelikeCleveland.com
Pepper Pike’s Spring market starts a little later then Shaker’s. There are 6 home that went pending since February 1st. Lets look at the statistics from the whole Orange City School District. That includes, Pepper Pike, Orange and Moreland Hills.
Active Lisitngs: 78
- Avg. List Price: $648,890
- Avg. Days on the Market: 165 days
Pending Listings: 4
- Avg. List Price: $311,975
- Avg. Days on the Market: 68
Sold Listings (as of Feb 1): 5
- Avg. List Price: $505,288
- Avg. Sale Price: $448,074
- Avg. Days on Market: 110
Active Listings: 27
- Avg. List Price: $369,344
- Avg. Days on the Market: 158
Pending Listing: 1
- Avg. List Price: $99,900
- Avg. Days on the Market: 211
Sold Listings (as of Feb 1): 1
- Avg. List Price: $199,000
- Avg. Sold Price: $185,00
- Avg. Days on the Market: 247
Active Listings: 48
- Avg. List Price: $722,881
- Avg. Days on the Market: 193
Pending Listings: 1
- Avg. List Price: $240,000
- Avg. Days on the Market: 373
Sold Listings (as of Feb 1): 2
- Avg. List Price: 524,900
- Avg. Sold Price: $482,500
- Avg. Days on the Market: 260
Information is based on single family home sales information for the Pepper Pike, Orange and Moreland Hills areas by NEOREX for FEb 2011. All information is deemed reliable but not guaranteed.
If you would like to get started buying or selling your Shaker Heights, Pepper Pike, Solon, Cleveland Heights or Chagrin Falls home please contact Ellen at 216-789-9368 or email Ellen@NoPlacelikeCleveland.com
The Shaker Heights Real Estate market is picking up. In February there were 17 homes that went pending. Compared to the two that were pending in January that is an 11% increase. Here are the rest of the Shaker Heights Market stats from February.
Shaker Heights February 2011 Market report:
Total Actives: 302
- Avg. List Price: $248,479
- Avg. Market Time: 159 Days
Total Pendings: 17
- Avg. List Price: $231,947
- Avg. Market Time: 148 Days
Total Solds: 13
- Avg List Price: $208,531
- Avg. Sale Price: $189,965
- Avg. Market Time: 133
- % of list price: 91%
(Information courtesy of NEOHREX. All information is deemed reliable not guaranteed.)
The Shaker real estate market is picking up. Don’t miss the busy season.
If you would like to get started buying or selling your Shaker Heights, Pepper Pike, Solon, Cleveland Heights or Chagrin Falls home please contact Ellen at 216-789-9368 or email Ellen@NoPlacelikeCleveland.com
March is here and that means so is Spring. So what better way to wash away the Winter blues then to clean up your home. Here are some great tips to Spring cleaning your home.
1) Write a list of rooms to be cleaned. Write down in each room what needs to be done. This focusses your energy to the most important spots.
2) Make sure you have all the right supplies.
3) Use your vacuum on everything: Save your self time, vacuum all windows, ceiling fans and draperies.
4) Give everyone in the family a job. Make sure you aren’t afraid to farm out some of the responsibilities. It is even fun to make a family activity out of it.
5) Feel great about the work you have done.
Here are some more great tips for Spring Cleaning
http://www.ehow.com/how_137153_organize-spring-cleaning.html
Martha Stwearts’s Cleaning Tips
If you would like to get started buying or selling your Shaker Heights, Pepper Pike, Solon, Cleveland Heights or Chagrin Falls home please contact Ellen at 216-789-9368 or email Ellen@NoPlacelikeCleveland.com
A new survey from NAR shows that 89% of all home buyers start their search on the internet.
If you’re thinking of selling your home, catering to the internet home shopper could give you the jump on sellers who wait until spring.
If you would like to get started buying or selling your Shaker Heights, Pepper Pike, Solon, Cleveland Heights or Chagrin Falls home please contact Ellen at 216-789-9368 or email Ellen@NoPlacelikeCleveland.com
For sale in Shaker Heights: 22600 Douglas Rd.
- Classic Bloodgood Tuttle Brick Georgian
- $325,000
- 4 Bedrooms, 3 1/2 Baths
- Updated Kitchen with Granite and Stainless Steel Appliances
Elegance and grace fill this classic Bloodgood Tuttle brick Georgian with loads of charm! Enter through the beautiful Tuttle signature octagonal foyer. Your family will love spending time by the fire in the dramatic yet intimate living room dominated by a classical white fireplace. The french doors in the living room lead out to a patio and fenced yard. The sunny kitchen has been updated with granite and stainless steel appliances. The spacious master suite has a fireplace and updated dressing room. Two other large bedrooms are on the second floor and the 4th bedroom is a full suite on the third floor. A third fireplace enhances the lower level family room. Freshly painted throughout. This genuine treasure is full of quality and style!
More Shaker Heights Homes For Sale
If you would like more information or to schedule a showing please contact us today. Call Ellen Weiner at 216-789-9368 or email Ellen@NoPlaceLikeCleveland
If you would like to get started buying or selling your Shaker Heights, Pepper Pike, Solon, Cleveland Heights or Chagrin Falls home please contact Ellen at 216-789-9368 or email Ellen@NoPlacelikeCleveland.com
We often write that in order to sell your home in today’s market it must be in pristine condition. So you might be wondering if your home needs a lot of work can you still sell it?
Absolutely.
And maybe even quicker than the most pristine of houses. Here are some steps to get you on the right path:
1) Clean it out completely: Homes that are cluttered and need a lot of work make a job look too difficult. If you can make the home empty and even paint a couple of rooms a neutral color the little bit of money you spend will make for a better price and more money in your pocket in the long run. Here are some more tips to get it ready.
2) Market the property “as is”: Once the house is cleaned out it will look awesome. However, in a house like this I am sure maintenance issues have been overlooked for some time. If you market the property “as is” this tells the buyers up front that they are responsible for fixing everything. This also gives you more leverage after inspections are done.
3) Price it competitively: This makes the home even more appealing. A cleaned out home that needs work for a slightly lower price gives the buyer a feeling of getting a deal. What buyer doesn’t want a deal in this market.
4) Call the Weiner Real Estate Group to help you through this process: The experts at The Weiner Real Estate Group have made it our mission to help you move on with your life as easy as possible. Often times homes in this condition are left to loved ones once the home owner has passed away or moved to assisted living. The process of selling a childhood home can be emotional and lengthy. We are here to help relieve you of much of that burden.
If you clean out a home, market it “as is”, price the property right, and call us to help you do it all, you can sell your home even in today’s market!
If you would like to get started buying or selling your Shaker Heights, Pepper Pike, Solon, Cleveland Heights or Chagrin Falls home please contact Ellen at 216-789-9368 or email Ellen@NoPlacelikeCleveland.com
Today’s Greater Cleveland Real Estate Market is a Beauty Pageant and a Price War!
If you are interested in selling your home there are two things that you must do:
1) Make your home the Shining Star among the competition: Today’s market has a lot of competition. The average buyer looks at 10-20 houses before deciding which house to buy. If you want yours to be the one that stands out, you must clean, de-clutter and even take down old wall paper. Take some time to boost the curb appeal of your home also. Since the front yard and front door will be the first thing a buyer sees it is important that it looks perfect.
2) Price Your Home 2-5% below the competition: Not only does your house have to look the best but is also have to be the best priced. Comparative shopping is not just for car buying any more. If your home offers more features, is in better condition and is priced less than the competition you will get an offer. Buyers today want to feel as if they are getting a deal.
You might not believe it, but in the long run pricing your home more aggressively from the start will get you more money in the end. Here is why, pricing your home lower than the competition will generate buzz and get showings. You will receive a quick offer and have more negotiating power then if the house were on the market for a long period of time and they buyer knows you are desperate.
Fix your home up to look the best on the street and price it under the competition and you will be successful.
Other Steps to prepare your home to sell
Sign up to find out how much your home is worth
If you would like to get started buying or selling your Shaker Heights, Pepper Pike, Solon, Cleveland Heights or Chagrin Falls home please contact Ellen at 216-789-9368 or email Ellen@NoPlacelikeCleveland.com
For Sale in Walden in Aurora: 639-36 Fairington Oval:
- $149,900
- 3 Bedrooms, 2 1/2 Baths
- Wood Floors Throughout
- Beautiful Views
All this smart 3 bedroom, 2 1/2 bath ranch condo needs is a facelift! If you want open and airy living, you will love the wide open space filled with light in the living and dining rooms. The kitchen is also open to the spacious family room with built-ins. The master has a vaulted ceiling and fireplace. Enjoy the peace and serenity of Walden living. Just explore the possibilities and put your personal stamp on this home with lots of promise!
If you would like more information or to schedule a showing please contact us today. Call Ellen Weiner at 216-789-9368 or email Ellen@NoPlaceLikeCleveland
If you would like to get started buying or selling your Shaker Heights, Pepper Pike, Solon, Cleveland Heights or Chagrin Falls home please contact Ellen at 216-789-9368 or email Ellen@NoPlacelikeCleveland.com
