Cleveland Real Estate And More

Solon Real Estate - Monthly Home Statistics February 2010 

Here are all the homes that sold in Solon in February:

Summary:

The winter months are typically slower, with only serious buyers and bargain hunters venturing out in the cold and snow. February home transfers are a result of contracts written in November and December, and Januray, not necessarily an indication of current market activity.

While bank owned and distressed properties make up about 30% of the market nationwide, there was only 1 bank owned home that sold in Solon last month. While the inventory of Solon bank owned homes has decreased over the last year, some people believe that there will be another wave of foreclosures in the near future as many adjustable rate loans are due to re-set. Until then, bargain hunters looking for huge deals may want to look elsewhere.

There are currently 35 homes under contract, which shows that there are homes selling and buyers out in the marketplace. This is even more impressive considering last month was one of the snowiest on record. Homes in the mid-level price points may be deemed the most desirable right now as buyers are still looking to take advantage of the home buyer tax credit, which will be expiring on April 30th.

There is really good news for the Solon luxury home market as 3 homes priced over $500,000 went under contract last month, including one priced over $1,000,000. Perhaps consumer confidence is growing and we will see more high priced homes sell this year.

We still anticipate a lot of buyer activity over the next 60 days, as the weather is beginning to improve and the inventory of new homes coming onto the market grows.

Below Are Other Articles Of Interest Relating To the Solon real estate:

Solon Luxury Homes - Year In Review 2009

Solon real estate - year in review 2009

Is the tax credit deadline really April 30th?

Tips when selling your home in the winter 

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About The Authors:

Dan and Amy Schuman are Solon residents. They specialize in Solon 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 February 2010 is the property of The Schuman Team and may not be duplicated or used without their written consent. ©March,2010 

What's New In The Solon Restaurant Scene

To most people who live here, the only complaint you hear about our wonderful City of Solon is that "we don't have enough good restaurants".  Well, it looks like our luck has finally changed.

The hottest restaurant news is that Pacific East has come to Solon and is now open for business!  The Schuman Team loves the amazing sushi this restaurant serves up at it's Eton Place location and is thrilled to welcome this restaurant to our fair city.  You can find it at 33003 Aurora Rd. (next to Penn Station Subs).

Also new to Solon is Benny's Grill.  Benny's Grill offers great casual dining that is great for a business lunch or a family dinner and has become a favorite for many of our local friends. It is located next to Office Max at 33587 Aurora Rd., although it is a little hard to find right now because the only visible signage is a neon martini glass in the window.    

Other exciting Solon restaurant news is the grand reopening of Imperial Wok in the former Rockne's location (33825 Aurora Rd - at the corner of Aurora & Rte 91) .  After 22 successful years in their old Solon location, it was time to offer more - more space with two dining rooms, more drink choices with expanded bar services, and more choices with the addition of made to order sushi. The atmosphere is great for happy hour or family dining. They also do a great take-out business as well.

And coming soon - the popular Panini's Grill will be opening in the space formerly occupied by Tony Roma's at the corner of Solon Road & Kruse Drive.  Many of you already know the "Home of the Famous Overstuffed Sandwich", but for those of you who haven't had the pleasure, they serve up scrumptious hot sandwiches with their signature french fries in the middle.  It's a bar style atmosphere with lots of tv's for watching your favorite sports teams.

So, dining in Solon has suddenly gotten better, and the residents couldn't be happier. Check out these locally owned restaurants and experience our new and improved restaurant scene.

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This information is provided compliments of Dan and Amy Schuman of The Schuman Team, Keller Williams Realty Greater Cleveland. The Schumans are Solon residents and specialize in Solon 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 at 216-346-3235.

CHECK OUT THE SCHUMAN TEAM'S AWARD-WINNING WEBSITE

What's New In The Solon Restaurant Scene  is the property of The Schuman Team and may be duplicated or used without their written consent. ©March,2010

Taste of Solon 2010

The annual taste of Solon is just weeks away. Specifically, it will be held Sunday, March 14th, 2010 from 4-7PM at Signature Country Club.

For those who have never attended, it is a great way to taste food from many different Solon and surrounding area restaurants and socialize with your local friends and business associates. Food will be available from popular local and national restaurants such as:

Glenwillow Grille

Hilton Garden Inn

Jekyll's Kitchen                                  

Panera Bread

Rusty Bucket

Station 43 

and many others....

The event will also feature a silent auction, live music, and prizes. Tickets are only $25. Call 440-248-5080 today to make your reservations to attend this fantastic event.

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This information is provided compliments of Dan and Amy Schuman of The Schuman Team, Keller Williams Realty Greater Cleveland. The Schumans are Solon residents and specialize in Solon 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 at 216-346-3235.

CHECK OUT THE SCHUMAN TEAM'S AWARD-WINNING WEBSITE

Taste of Solon 2010  is the property of The Schuman Team and may be duplicated or used without their written consent. ©Feb,2010

Solon Community Park and Playground

While most local residents are familiar with all the great amenities our city has to offer, we would like to highlight one of the real gems of Solon, the Solon Community Park.

People relocating to Solon, especially those that have children, are always curious to learn if we have any  local playgrounds, so we wanted to highlight the one that is most well-known.  

The Solon playground is located in the heart of the city, across the street from the Solon Public Library. The playground area is actually part of the larger Solon Community Park. The official address is 6679 SOM Center Road, although in addition to the main entrance off SOM, there is another entrance off Portz Parkway. There is plenty of free parking available.

The playground offers 2 updated playground areas, one for toddlers and young children, and a separate area for older children. There is seating along the perimeter so adults can relax while watching their children play. There is also plenty of open grassy area available surrounding the playground. Restrooms and a water fountain are located in close proximity to the playground as well.

The Solon playground, as previously mentioned, is part of the Solon Community Park. In addition to the playground, the park consists of baseball diamonds, a volley ball court, basketball court, skateboard park, and pavilion.

The covered pavilion offers a grilling area and enough seating to host large parties. It is a very popular destination for family reunions and other large social gatherings, especially in the spring and summer, so reservations are a must. We have seen many instances where large parties just show up, and are disappointed to find out they cannot use the pavilion because it was already reserved by another party. To make reservations, we recommend calling the Solon Recreation Department at 440-248-5747 well in advance of your function. 

Below are other articles of interest pertaining to Solon:

Money Magazine Ranks Solon Top Places To Live

Newsweek Ranks Solon On Top Schools List

Solon - A Special Community

 Solon Schools

Solon Luxury Home Neighborhoods:

Chagrin Highlands of Solon

Forest Hills

Huntington Woods

North Hill

North Park

Preserve

Rollingbrook

Signature of Solon

Thornbury of Solon

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About The Authors:

Dan and Amy Schuman are Solon residents. They specialize in Solon 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 Community Park and Playgrounds  is the property of The Schuman Team and may be duplicated or used without their written consent. ©Feb,2010

Twinsburg Real Estate - 2009 Year End Home Statistics

Here is our official 2009 Twinsburg Real Estate year in review. We have added statistics from 2008, so that you can see how we did compared to the previous year.  A summary will be provided with commentary about the 2009 year in real estate and our thoughts moving forward to 2010.

All Sales           # of homes sold         Ave. Sales Price              Ave. Days on Market 

2009                       232                           $196,571                             104  

2008                       237                           $206,556                              93

Highest Sale = $460,000

Lowest Sale = $20,000

SUMMARY

Actual sales of Twinsburg real estate in 2009 were very similar to those of 2008.

While the general real estate market in the Cleveland area has been extremely slow compared to other areas of the country, Twinsburg has responded fairly well despite a sluggish economy. It is impossible to tell when the actual bottom of the market occurs until it has already passed, but it appears we are close based on the numbers.

The main difference in average sales price from 2009 to 2008 can be attributed to sellers having to accept less for their home than anticipated. While there were a similar number of homes that sold in the higher and lower priced points, 2009 saw more sales in the $100,000-$199,999 price point than in 2008.

To put in bluntly, selling a home is a beauty contest and a price war. Nice homes that are priced well will sell, and homes that are dated and need work are being punished in terms of price. The law of supply and demand still favor the buyers at this point, although there are a few price points in the Twinsburg real esate market that are more balanced.

So far this year, we have already had 13 sales and another 25 homes are under contract. The home buyer tax credit should help stimulate the market over the next 90 days. Those considering selling their home in Twinsburg should highly considering taking advantage of the temporary influx of buyers and put their home on the market as soon as possible.

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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 the Eastern suburbs 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 a home in Twinsburg or surrounding suburbs, please contact the Schuman Team at 216-346-3235. 

SEE ALL TWINSBURG HOMES FOR SALE BY CLICKING BELOW:

 CHECK OUT THE SCHUMAN TEAM'S AWARD-WINNING WEBSITE

Twinsburg Real Estate - 2009 Year End Home Statistics is the property of The Schuman Team and may not be duplicated or used without their written consent. ©Feb2010   

Rotary International Forming Solon Chapter

The local Rotary district is looking to expand by opening a Solon club. This is an exciting opporunity to become a charter member and part of one of the most well respected organizations in the world.

What Is Rotary?

Rotary International is the world's first service club organization, and has over 1,000,000 members. There are clubs located not only throughout the US but actually 33,000 clubs throughout the world. Rotary club members are those who are willing to give of themselves to help better their local and international community.

Rotary is most famous for being the driving factor for helping to eradicate polio worldwide. Their immunization efforts have been an effective force in reaching out to third world countrys and making sure children are imminized against this horrible disease. Even though Rotary has had much success, help is still needed at all levels of the organization.

Who Should Join?

Rotary is looking for business, professional, and local leaders who are looking to give back to the local Solon community. If you live or work in or near Solon and would like to get involved with this prestigious world-wide  organization, becoming a charter member of the Solon club is a great opportunity.

While Rotary is not a networking organization, members do receive numerous benefits. Being able to work with your local peers to help better the local community is rewarding in and of itself. However, members do have a chance to work together both personally and professionally, and also make lifelong friendships. Becoming part of Rotary will ehhance your life.

What Is Expected Of Memebers

The time commitment to be a member of the Solon Rotary Club are minimal, but the rewards are great. The club will meet weekly, at a time and place yet to be determined. Yearly dues are minimal, at approximately $250 a year. There will be other events that occur thoughout the calander year as well. Like any other organization, members will get out what they put into it.

For those that would like more information, feel free to contact me. 

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About The Authors:

This information is provided compliments of Amy and Dan Schuman, The Schuman Team Keller Williams Realty. Dan is a former Rotarian, having been a member of the Chagrin Highlands Rotary Club for 5 years.

The Schumans live in Solon 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.

Cleveland Private Schools 

Working with a great number of people relocating to Cleveland, we are often asked about schools. While most are extremely impressed with our area public schools, some still have an interest in learning more about private schools in the Cleveland area. So, with that in mind, we have decided to compile a fairly comprehensive list of Cleveland area private schools, with links to each one.

The nice thing about this list is that unlike most lists of schools you may find while searching on line, you will not find ads or pop-ups, simply direct links to these schools. 

We have divided the list geographically, for your convenience.

East Side Cleveland Private Schools:

Agnon - early childhood, K-8

Beaumont School - Girls only 

Benedictine High School

Gilmour Academy - K-12

Hathaway Brown - Girls only K-12, co-ed early childhood

Hawken School - preschool-12, co-ed

Laurel School - Girls only

Ratner School - 20mos.-K, 1-8

Regina High School - Girls only

Ruffing Montessori - toddler-8

St Peter Chanel High School

University School - Boys only, 2 locations, K-8 in Shaker, 9-12 in Hunting Valley 

West Side Cleveland Private Schools:

Cleveland Central Catholic - 9-12

Holy Name High School

Lake Ridge Academy - K-12

Lawrence School - co-ed 1-12, for students with learning differences and attention deficits

Magnificat High School - Girls only

Padua Franciscan High School 

Saint Ignatius High School

St. Edward High School 

Trinity High School

Urban Community School - Elementary

Villa Angela-St. Joseph High School

South Side Cleveland Private Schools:

Walsh Jesuit High School

Western Reserve Academy - boarding and day school, 9-12 in Hudson

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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 primarily the Eastern suburbs of Cleveland 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 Private Schools is the property of The Schuman Team and may not be duplicated or used without their written consent. ©Feb2010   

South Euclid Open House Extravaganza - 15 Homes On Tour This Sunday

This Sunday, January 31st will be a unique open house opportunity for South Euclid home buyers. Eighteen ( 18 ) homes from eight different real estate companies will be held open to create a mass open house to provide home buyers an easy way to see a lot of homes in a short amount of time. Houses will be open between 1-4PM.

Although the recent snow and cold weather has kept local buyers at bay, the recent thaw and timing of the $8000 home buyer tax credit should make this open house event an excellent opportunity, especially for first-time buyers. With interest rates at historic lows and home prices extrremely favorable, there has never been a better time to buy a home. Since buyers must be under contract by April 30th, 2010 to be eligible for the tax credit, this event is a perfect time for local buyers to get started with the home buying process.

Homes that will be on tour this Sunday range in price from $102,000-$150,000 and include a mix of 3 and 4 BR homes with a variety of styles and features.  

Companies involved in this spectatcular event are:  2000 Professional Realty, Coldwell Banker Hunter Realty, Howard Hanna, J. Petty Realty, Keller Williams Realty Greater Cleveland, Laronge-Wagner Realty, Realty East, Inc., Re/Max Home Source, & Re/Max Premiere Properties

Here is a sample of one the fantastic homes that will be on the grand tour: 

4170 STONEHAVEN RD

TOTALLY UPDATED ---A SMART CHOICE FOR THE PICKY BUYER WHO WANTS A FINISHED PRODUCT

A list of all available homes will be available at every home on the tour, along with a map of all listings.

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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 extensive knowledge of South Euclid and the east side suburbs of Cleveland and specialize in working with first time home buyers.

If you are looking to buy or sell a home in the Cleveland area, please contact the Schuman Team at 216-346-3235. 

VIEW ALL CLEVELAND AREA  HOMES FOR SALE BY CLICKING BELOW:

CHECK OUT THE SCHUMAN TEAM'S AWARD-WINNING WEBSITE

South Euclid Open House Extravaganza - 15 Homes On Tour This Sunday is the property of The Schuman Team and may not be duplicated or used without their written consent. ©Jan,2010

Beachwood Real Estate - 2009 Year End Home Statistics

Wow, what a year for the Beachwood real estate market. Here is our official 2009 Beachwood Real Estate year in review complete with a comparison to 2008.  

All Sales           # of homes sold         Ave. Sales Price              Ave. Days on Market 

2009                       116                        $259,309                             110  

2008                        94                         $254,132                              91

Highest Sale = $650,000

Lowest Sale = $66,500

Luxury Sales     # of homes sold        Ave. Sales Price              Ave. Days on Market

2009                        10                           $569,200                             128

2008                         2                            $564,500                               62 

*source NEOHREX ( Regional MLS )

Commentary: 

By looking at these Beachwood home statistics, you would never believe that we were in a recession last year. Overall sales were up almost 25% from 2008. Additionally, the average sales price also increased from 2008 as well, the first such increase since 2005.

In addition, the amount of Beachwood luxury homes that sold also significantly increased in 2009. Overall, if there was an official bottom of the housing market in Beachwood, it is well behind us at this point.

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. Beachwood continues to be a very desirable community in which to work and live.

Below are other articles relating to Beachwood home statistics:

Beachwood Market Report Third Quarter of 2009

Beachwood Ohio Monthly Market Report April 2009

Beachwood Ohio First Quarter Market Report 2009

Beachwood Ohio Year End review 2008

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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 Real Estate - 2009 Year End Home Statistics is the property of The Schuman Team and may not be duplicated or used without their written consent. ©Jan,2010

Solon Luxury Homes - 2009 Year In Review

Here is our official 2009 year in review for Solon Luxury Homes complete with a comparison to 2008. We will provide commentary after giving Solon luxury home statistics. Please keep in mind that due to the merging of two different multiple listing services in 2009, the 2008 statistics below may differ slightly from last years' year end statistics. In the Cleveland real estate market, the definition of a luxury home is one that sells for at least $500,000.

Luxury Sales     # of Homes Sold        Ave. Sales Price              Ave. Days on Market

2009                        31                      $599,060                             128

2008                        48                      $657,456                              97 

Highest Sale = $785,000

Here is a breakdown of 2009 sales by price:

Price  Range                    Sales

$500,000-599,999              16

$600,000-699,999               8

$700,000-799,999               7

$800,000+                          0

Commentary:

There is really no way to sugar coat the numbers for 2009 in regards to Solon luxury homes: it was not a good year. In fact, 2009 saw the lowest actual number of luxury homes sell (31) since 2002.   In addition, 11 of these sales were either bank owned or distressed in some way. This was also the first year since 2000 that there was not a sale over $800,000 in the Solon luxury home market.

From 2004-2008, the Solon luxury home market was extremely active, coinciding with the real estate boon.  While we may not see 55-65 luxury homes sell per year here in Solon in the near future, the slowly recovering economy should make buyers more comfortable moving forward with buying a luxury home.

As we look ahead to 2010, our prediction is that the number of sales of luxury homes in Solon will increase slightly.  We will probably not see as many bank owned homes either, as short sales will be much more common. The $500,000-600,000 price range will continue to be the focal point of local move up buyers, and we think this segment of the luxury market will actually become more balanced in 2010 and less of a buyers market. In fact, there are signs currently indicating this shift.

Buyers relocating to Solon still have quite a few homes to choose from in the higher-end price ranges (46 current active listings ) with more due to come on the market in the spring. If you are a seller looking to sell this year, it is wise to price very competitively.

Below are past articles that relate to the content of this post.  

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 Solon 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 Luxury Homes - 2009 Year In Review is the property of The Schuman Team and may not be duplicated or used without their written consent. ©Jan,2010