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By Amy and Dan Schuman | Agent in Solon, OH
  • Solon Ohio Year In Review 2012

    Posted Under: Market Conditions in Cleveland, Home Buying in Cleveland, Home Selling in Cleveland  |  February 13, 2013 6:55 AM  |  1,361 views  |  No comments

    Solon Sold homes

    The following is our 4th annual year in review for Solon Ohio real estate. Here, we will provide a comparison between this past year and 2011 and offer commentary.

    ALL HOMES

    Year          # of Homes Sold        Ave. Sales Price   Sales Price/List Price


    2011                      222                    $291,449                 94.16%


    2012                      260                    $299,924                 94.03%


    LUXURY HOMES ( sales price over $500,000 )


    2011                       29                     $626,888                94.58%


    2012                       39                     $640,749                92.95%


    2012 FIRST HALF VS. SECOND HALF OF THE YEAR


    FIRST HALF              107              $284,146               93.47%


    SECOND HALF           159              $302,114               94.39%

    Source: NEOHREX


    COMMENTARY

    This has been a very good year for the Solon real estate market. We saw a lot of positive signs that the worst is behind us and that things are getting better.  Below is a list of 5 important things that the above statistics tell us:


    1.     More homes sold in 2012 vs. 2011

    2.     Average sales price was higher this past year

    3.     The market IMPROVED during the second half of 2012

    4.     A well priced home will receive approximately 94% of asking price

    5.     The luxury home market improved, meaning affluent buyers are feeling more confident about buying a luxury home

    So, what can we take away from all of this? Improvement as a result of a slowly improving economy, low interest rates, and an increase in consumer confidence.


    BUYERS AND SELLERS BOTH FEEL BETTER

    The numbers indicate more buyers and sellers coming together and overcoming the numerous challenges presented by the market.  First time buyers are feeling a little more confident as are the local move-up buyers. Those looking to sell and buy a larger home are realizing that selling their existing home is now a realistic goal and no longer have as much fear.

    Sellers have come to better understand that the major correction in the local real estate market has brought prices to where they were about 10 years ago. I'm certainly not indicating that sellers are happy about this, but they now have more realistic expectations regarding price.

    WE NEED MORE INVENTORY

    The really good news for Solon home sellers is that the inventory of available homes is down about 25% from 2 years ago. This has helped create a much more balanced market and in some price points, things are actually learning a little toward the sellers. We have seen multiple offer situations ( bidding wars ) take place on a regular basis, especially in the $200,000-$300,000 price point.

    The real estate market should continue to recover in 2013.

  • Can Feng Shui Sell A Home?

    Posted Under: Home Buying in Cleveland, Home Selling in Cleveland, Curb Appeal in Cleveland  |  June 21, 2012 7:01 AM  |  1,514 views  |  1 comment

    Feng Shui has been around for thousands of years but until recently, most sellers have not taken it very seriously. Today, we will discuss the importance of Feng Shui and how it influences buyers in today's real estate market.

    FENG SHUI - THE WHAT AND WHY

    For those of you not familiar with the concept of Feng Shui, it has to do with the balance of energy in a home. It has even been supported by modern day science.

    Some homes are deemed more desirable to those buyers who subscribe to the principals of Feng Shui then others. In our case, we have a lot of international buyers in the local market who do feel strongly about Feng Shui. Therefore, we feel it is important for our home sellers to at least understand the basic concepts and what it can mean to their efforts in selling their home.

    SOME QUICK FIXES TO COMMON PROBLEMS

    Making a home "Feng Shui" friendly is often fairly easy and doesn't necessarily cost a ton of money. While we can't go into all the specifics in this post, we can give you some examples of how simple it can be to make your home conform to the principals of Feng Shui.

    Changing a room's color or adding some things to change the flow of energy in a home can make a huge difference. For example, the ideal color of a dining room according to Feng Shui would be sage green, a medium blue or even an earth tone.

    Sprucing up a home's entrance is also deemed important. A new front door and sparkling clean windows are said to attract positive energy to a home. Also, if you walk into a home and can immediately see through to the back yard, the energy is supposedly flowing right through the home, which isn't good according to Feng Shui. To correct this, you could simply add a table and some tall flowers or plants in the entryway to help disperse energy throughout the home.

    BEYOND WHAT YOU CAN SEE

    Another important concept in Feng Shui is the other senses besides sight. Smell and sound are deemed critical yet are often overlooked when selling a home. There are particular smells that are ideal for kitchens and bathrooms. Specific types of music will also enhance a potential buyer's experience when walking through a home. Oh, and don't forget about temperature. A home should be set at a particular temperature in both the summer and winter months to make the buyers feel the most comfortable.

    Whether or not you personally believe in Feng Shui is irrelevant. Many buyers subscribe to the concepts associated with this powerful philosophy and that alone should be reason enough for you to care. After all, if you don't give buyers what they want, they'll find it someone else.

    ————————————————————————-

    About The Authors

    The above information is compliments of The Schuman Team, Amy and Dan, of Howard Hanna Real Estate Services.

    They can be reached at 216-346-3235 or 216-403-9189 or via email, danschuman@howardhanna.com or amyschuman@howardhanna.com.

    The Schumans service the following Cleveland area suburbs: Bainbridge, Bay Village, Beachwood, Bentleyville, Chagrin Falls, Cleveland Heights, Gates Mills, Highland Heights, Hunting Valley, Lakewood, Lyndhurst, Mayfield Heights, Mayfield Village, Moreland Hills, Oakwood Village, Orange, Pepper Pike, Shaker Heights, Solon, South Euclid, University Heights, Westlake, Woodmere.

    Can Feng Shui Help A Home Sell? is the property of The Schuman Team and may not be duplicated or used without their written consent. ©May, 2012

  • Making The Home Inspection Process Easier

    Posted Under: Home Buying in Cleveland, Home Selling in Cleveland  |  April 20, 2012 8:52 AM  |  1,482 views  |  No comments

    The home inspection in an important step of the buying process and will often make or break a sale. Today we will share some thoughts that will hopefully put things into perspective and help guide you through it.

    First and foremost, we highly recommend all buyers have a home inspected by a professional. That being said, we caution buyers to have realistic expectations on what they are looking to accomplish here.the home inspection process

    The past few years have seen the inspection process turn into round two of negotiations. Buyers have gotten a little out of control and seem to be asking for sellers to fix everything under the sun, even things they were aware of when they walked through the home ( broken outlet cover, rip in screen door, etc...).

    In turn, sellers have become defensive and annoyed as they respond to a laundry list of what they think are unreasonable requests. So why have things gotten so out of hand?

    EMOTIONS

    In addition to unrealistic expectations, we feel that emotions also play a major role here.

    Think about it, the inspection period occurs when buyers' emotions are at a heightened state. Sure, they are initially exited about their new home. After a few days pass however, additional feelings start to creep in such as nervousness, anxiety, and sometimes even buyer's remorse ( did we pay too much, is this really the right house...). These are totally natural feelings that all buyers experience. If not handled properly though things tend to get magnified and out of hand fast.

    Instead of focusing on the really important things, such as health and safety issues, buyers are too often getting bogged down on really minor items. Some are even asking for upgrades to items that are working properly. This part of the process can end up becoming more drawn out than the original negotiations.

     

    THE SOLUTION

    We communicate three things to our buyers:

    1.  Offer A Price Based On What You See And Know - If you are aware that there is a cracked window, or that the roof is 24 years old, build those items into the price. Don't wait until it shows up on the inspection report and then use it as a way to re-negotiate a better price. This is a little disingenuous to the negotiation process.

    2.  Respond Quickly - Once the inspection report is received, get back to the seller as soon as possible. Although the standard contract will typically give you a certain number of days to respond to the seller ( in Ohio it is 3 days ), dragging out the process may do more harm than good. If you really want the sellers to do something, making them wait on pins and needles for days on end is not always the best way to get their cooperation.

    3. Focus On The Big Picture - Don't let pettiness and emotions get in the way of what you really want ---the home. Remaining calm and focusing on the big picture will often get you through it. That, and the help of a skilled real estate agent.

    The home inspection process is where many deals fall apart. Stay focused and try not to let your emotions get the best of you, otherwise be prepared for a lot of antacid and sleepless nights.

     Here are some of our others posts that may interest you as well:

    One Question That You Absolutely Must Ask Your Clients

    5 Reasons Why Using A Local Agent Is Better

    Cool Virtual Tool To Help Pick Out Paint Color

    Is Social Media Killing Confidentiality?

    Real Estate Agents Are Not Just Door Openers

    _____________________________________________________________________

    About The Authors:

    Dan and Amy Schuman are agents with Howard Hanna, the area's largest real estate company. They live in Solon Ohio and specialize in Cleveland Luxury Homes, working with buyers relocating to Cleveland, and first-time buyers.


    LET'S CONNECT:


    Subscribe via RSS! Follow Me On Twitter! Follow Us On Facebook! Follow Us On Linkedin! Subscribe To Our Youtube Channel!


    Making The Home Inspection Process Easier is the property of The Schuman Team and may not be duplicated or used without their written consent. ©April 2012

  • How To Pick Paint Color With This Great Virtual Tool

    Posted Under: Home Selling in Ohio, Design & Decor in Ohio, How To... in Ohio  |  May 25, 2011 11:25 AM  |  1,324 views  |  No comments

    Originally Posted At -  Cleveland Real Estate Blog

    Sherwin Williams sample living room plain

     Sherwin Williams sample living room with color

    Many people would love to paint the interior or exterior of their home, but are afraid of picking the wrong color. While paint is relatively inexpensive, the cost of choosing the wrong color and having to repaint can certainly add up. While enlisting the help of a decorator or Home Stager is always helpful, it is still difficult for most people to envision the finished product. Now, thanks to great technology provided by Sherwin Williams ( based right here in Cleveland! ), a lot of the guesswork has been taken out of the process.

    This great tool is called the Color Visualizer .  It allows you to upload your own photos and try out different paints and trim colors. There is a great video here that will explain how to best use this tool.  I have used this successfully for my clients and it is truly amazing.  You can use it for both the exterior and interior of a home.  I truly urge you to try it out because it is really helpful.

    You may also went to check out another tool from Sherwin Williams, the ColorSnap for iPhone and Blackberry.  Use your phone to snap a picture of a color that inspires you.  Not only will Sherwin Williams help you match that exact color, this app will help you fine tune it using lightness, saturation, and hue features.

    Have fun with these innovative tools and please share your experiences with these or similar products in the comments section below as we'd love to hear from you.

    If you liked this post, please subscribe to our blog. We always appreciate having new readers and more importantly, enjoy making new friends.

    If you enjoyed this article, here are some others that may interest you as well:

    Designer and Staging Secrets To Choosing Paint Color

    Is Social Media Killing Confidentiality?

    Is Your Message Being Tuned Out?

    Real Estate Agents Are Not Just Door Openers

    Is Zillow Really Accurate? Take A Look For Yourself

    **************************************************************************************

    About The Author

    The above information pertaining to Cleveland Real Estate News was provided by Amy Schuman of The Schuman Team Keller Williams Realty Greater Cleveland.  Amy is an Accedited Staging Professional and can be reached at 216-403-9189 or via email,  amyschuman@kw.com.

    The Schuman Team services the Cleveland, Oh metropolitan area and specialize in Cleveland luxury homes and working with buyers relocating to Cleveland.

     LET'S CONNECT:

    Subscribe via RSS! Follow Me On Twitter! Follow Me On Twitter! Follow Me On Twitter! Follow Me On Twitter!

    How To Pick Paint Color With This Great Virtual Tool is the property of The Schuman Team and may not be duplicated or used without their written consent. ©May, 2011

  • Selling Real Estate Is More Dangerous Then You Think

    Posted Under: Home Selling in Cleveland Heights, Agent2Agent in Cleveland Heights  |  March 15, 2011 1:03 PM  |  1,908 views  |  8 comments


    selling real estate is a dangerous job

    When you think of dangerous jobs, you may think of a police officer, firefighter or someone who works high above the ground, like a construction worker on a tall commercial building. But what about those of us who sell real estate for a living?

    Most people don't understand how dangerous our profession can be, so we wanted to share some things to educate the public.

    OPEN HOUSES CAN BE AN INVITATION FOR TROUBLE

    Open houses can be down right dangerous. When we have an open house, the entire public is invited to stop by. We agents are putting ourselves in a very vulnerable position here, as we are often sitting at a home, sometimes vacant, by ourselves. Every year, there are stories of agents being threatened or attacked at open houses. This can happen in any city and in any type of neighborhood.

    Most veteran agents can relay numerous odd and sometimes dangerous encounters they've had with strangers at an open house.  In fact, an agent in my office had this near miss a few years ago.

    She was at a very large home in an upscale neighborhood. A man came in, noticed there were some other people walking around, and left.  He later came back with another man while the agent was by herself and  asked the agent if she would show them around the basement.  Luckily, this agent sensed danger and refused to go into a closed area of the home with strangers. She thought quick on her feet and told the men she has to walk outside to return a phone call  ( she called for help ), and the men ended up leaving without incident.

    THE INTERNET HAS CREATED A CULTURE OF CHAOS

    Back before the Internet existed, buyers had to visit their local real estate office and meet with an agent if they wanted to see homes for sale. Listings were kept in books that were not available to the public.

    Today, as we all know, information is available on line. Buyers can now see detailed information on every home on the market. Then, if they don't have an agent, they often call the listing agent to show them a home they like.  Unfortunately, many agents will end up meeting a total stranger to open up a home, some which are vacant or isolated.  Can you see the danger of operating in this manner? Could you imagine a lawyer or accountant doing this?

    The sad reality is that because real estate agents are on commission, they often disregard their personal safety in hopes of meeting a new client and making a possible sale.

    AGENTS GET SMART AND DEFENSIVE

    Some real estate agents have resorted to defensive tactics to ensure their safety. Some agents have taken self-defense classes, some carry concealed weapons, and others simply try to work smart by not putting themselves in a bad situation. Many will work open houses with a partner and will only meet strangers at their office.

    While we don't rescue people out of burning buildings or stand on a scaffold hundreds of feet from the ground, there are dangers of being a real estate agent. So, when you deal with one of us, please be respectful of our desire to get to know you first before we just put you in our car or meet you at a vacant home.

    If you liked this post, please subscribe to our blog. We always appreciate having new readers and more importantly, enjoy making new friends.

    If you enjoyed this article, here are some others that may interest you as well:

    Regarding Social Media, Are You A Sitcom, Drama, or Informercial?

    Real Estate Agents Are Not Just Door Openers

    Is Zillow Really Accurate? Take A Look For Yourself


    *********************************************************************************

    About The Authors:

    Dan and Amy Schuman service the Cleveland, Oh metropolitan area and specialize in Cleveland luxury homes and working with buyers relocating to Cleveland.

     LET'S CONNECT:

    Subscribe via RSS! Follow Me On Twitter! Follow Me On Twitter! Follow Me On Twitter! Follow Me On Twitter!

    It's A Tough Job But Someones Gotta Do It is the property of The Schuman Team and may not be duplicated or used without their written consent. ©March, 2011

  • Twinsburg Ohio Home Values Report

    Posted Under: Market Conditions in Twinsburg, Home Buying in Twinsburg, Home Selling in Twinsburg  |  December 15, 2010 1:12 PM  |  1,632 views  |  No comments

    Twinsburg Ohio Home Values Report - November 2010

      

    twinburg market reports 


    Below is a list of all homes that sold in Twinsburg in November. We have also included a map indicating the location of the homes that sold last month.  The plus signs indicate more than 1 sale in that particular area. 


    10790 Ravenna Rd #104 $73,000
    10006 Blossom Ln #10a $128,000
    9392 Fairfield Dr $144,500
    1576 Iris Glen Dr $146,000
    2636 Burridge Cir #5b $161,000
    10386 Sandalwood Ln $190,000
    2099 Camden Ln $197,000
    1315 Sharonbrook Dr $198,000
    9990 Jania Way $262,000
    3112 Neille Ln $360,000
    3232 Saint Mikala $372,725
    9331 Jason Dr $377,200


        # of Homes sold      Ave. Sales Price 

    November 2010   12   $217,452  

    November 2009   27   $208,933



    Twinsburg sold homes November 2010

    Source for statisics and map: NEOHREX MLS 

    SUMMARY

    Over the past few months, we have noticed the number of sales start to decrease compared to last year. The good news is that the average sales price last month was higher than it was last year at this time.

    Home values in Twinsburg are showing some signs of life. However, the trend compared to 2009 of less sales and higher values is a little concerning, especially given that interest rates remain relatively low. We feel that the home buyer tax credit caused more sales to happen during the beginning part of the year, and that may be why we are seeing less sales during the fourth quarter.

    Regardless of what is going on in the market, there are always going to be neighborhoods and price points that do better than others. If you are looking to find out the value of your Twinsburg home, talking to an experienced local agent is highly recommended.

    Moving forward, the winter months are typically the slowest times of the year. However, this is also the time that bargain hunters come out. Their feeling is that great deals are to be had, especially on vacant homes where a seller may be tired of the carrying costs and thus more motivated to sell.

    Look for our popular end of the year home values report for Twinsburg next month. Until then, we wish all of our readers a happy holiday and safe and healthy New Year.

    Below are other articles of interest pertaining to Twinsburg Real Estate:

    Twinsburg Real Estate - Third Quarter Home Value Report 2010

    Twinsburg Real Estate - Monthly Market Report August 2010


    --------------------------------------------------------------------------------------------------------------------

    About The Authors:

    Dan and Amy Schuman live on the East side of Cleveland and specialize in Cleveland Luxury Homes, working with buyers relocating to Cleveland, and first-time buyers.

    For Ohio and Twinsburg Oh real estate and homes see  Cleveland OH real estate

    For a personal consultation or to speak directly to The Schuman Team, call 216-346-3235 or email.




    Homes For Sale in Cleveland OH What's my Cleveland Home Value


      

     LET'S CONNECT:

    Subscribe via RSS! Follow Me On Twitter! Follow Me On Twitter! Follow Me On Twitter! Follow Me On Twitter!


      

    Twinsburg Ohio Home Values Report - November 2010 is the property of The Schuman Team and may not be duplicated or used without their written consent. ©December, 2010

  • Beachwood Ohio Home Values

    Posted Under: Market Conditions in Beachwood, Home Buying in Beachwood, Home Selling in Beachwood  |  December 15, 2010 1:10 PM  |  1,569 views  |  No comments

    Beachwood Ohio Home Values Report - November 2010


    Beachwood OH Real Estate

      

    Below are all homes that sold in Beachwood in November, 2010. We have also included a map indicating where all sales took place. The plus signs on the map indicate that more than one home sold in that particular area.

    We will discuss the direction of home values in Beachwood OH at the bottom in the commentary section.


    3630 Concord Dr $80,500
    24181 Bryden Rd $156,000
    2642 Ramsay Rd $165,000
    9 Stratford Ct $210,000
    4 Windrush Ln $215,000
    4 Saratoga Ct $225,000
    4 Dorset Ct $243,000
    3281 Havel Dr $253,000
    23200 Halburton Rd $343,000



    All Sales    # of homes sold  Ave. Sales Price   

    November 2010    9   $210,056

    November 2009   13   $227,538

    YTD 2010         93     $276,995

    TYD 2009   110 $262,294  

    *source NEOHREX ( Regional MLS )


     Beachwood Ohio Sold Homes November 2010

    COMMENTARY:

    We will probably start sounding like a broken record to our readers but the trend of less sales and higher average sales price continues. This is about the 6th straight month that we have reported this trend.

    When it comes down to it, there are less than 2 sales per month difference this year compared to 2009, so the numbers here certainly aren't drastic. It is always a little concerning though that rates continue to remain low yet sales figures are lower than last year.

    We believe that home values in Beachwood have stabilized, and that the worst is behind us. The economy still plays a major part in consumer confidence and people here in Northeast Ohio are being very cautious when it comes to major purchases such as a home. Housing is typically at a premium in Beachwood because of the usually small inventory. There are currently only 56 single-family homes for sale.

    We think there are a lot of buyers on the fence, just waiting for some more positive signs regarding the economy before they move forward on buying a home. The winter months are typically the slowest time of the year, so we won't be surprised to see low sales number over the next few months.

    Overall, Beachwood is deemed a very desirable community to live and work because of easy highway access, excellent rated schools, and being in close proximity to the area's best shopping and restaurants.

    Below are other articles of interest pertaining to Beachwood OH Home Values:

    Beachwood OH Real Estate - Home Value Report 3rd Quarter 2010

    Beachwood OH Real Estate - Monthly Market Report August 2010

    --------------------------------------------------------------------------------------------------------------------

    About The Authors:

    Dan and Amy Schuman live on the East side of Cleveland and specialize in Cleveland Luxury Homes, working with buyers relocating to Cleveland, and first-time buyers.

    For Ohio and Beachwood Oh real estate and homes see  Beachwood Oh Real Estate

    For a personal consultation or to speak directly to The Schuman Team, call 216-346-3235 or email.

       

    Homes For Sale in Cleveland OH What's my Cleveland Home Value


      

     LET'S CONNECT:

    Subscribe via RSS! Follow Me On Twitter! Follow Me On Twitter! Follow Me On Twitter! Follow Me On Twitter!

      

    Beachwood Ohio Home Values Report - November 2010 is the property of The Schuman Team and may not be duplicated or used without their written consent. ©December, 2010

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