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The city of Cleveland has long been the subject of jokes for several years. Having gone through a handful of transitions, Cleveland is seeing a renaissance of innovation and development across the city. While Clevelanders have always known what makes this midwestern city on Lake Erie great, we put together a list of reasons Cleveland is on track to be a leader in metropolitan living.

1. Affordable cost of living. In comparison to the national average for other metropolitan cities, Cleveland falls below the line. For a detailed breakdown of the buying and selling market in recent years, check out our latest blog posts by clicking here.
2. An incredible restaurant scene featuring award winning chefs and specialties. In addition to an array of fantastic cafes, rest...

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Last week we featured an infographic break down of the real estate market in Cleveland using data from Ohio Realtors' 2021 Housing Market report. They recently published an eZine with a breakdown of data to show who bought homes in 2021, what they bought, and what they purchased for. Using the data, we put together a part 2 featuring the statistical breakdown of Cleveland's real estate market.

Over the last few years, the industry has seen a shift in the real estate market with the current trends favoring a seller's market. Ohio Realtors recently published an eZine with a breakdown of data to show who bought homes in 2021, what they bought, and what they purchased for. Using the data, we put together a further breakdown of Cleveland's real estate market.

The financial requirements for obtaining a mortgage and purchasing a home can be a common real estate question frequently misunderstood by many potential home buyers. We put together a quick and easy guide for potential home buyers to identify which loan option is best for them and the minimum financial requirements needed.

Common Real Estate Myths, Continued

Last week, we published a few common real estate myths relating to the current housing market. In an effort to clarify some common misconceptions that we frequently hear, we put together another list of common real estate myths and the reality behind each of them. 

MYTH: You need to put 20% down when purchasing a home.

TRUTH: Some loan types offer the option to put as little as 3.5% of the purchase price down. This option does depend on the buyer's credit score and the down payment requirement may vary. For example, FHA loans will accept between 3.5-10% of the purchase price as a down payment depending on the buyer's credit score. 

MYTH: You ne...

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