J.b.

I'm a:	Just Looking
Location:	Ohio

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I am planning on investing in Shaker Heights. How is this area? Is crime high? How are the schools? Is?

Asked Wed Jan 30 2008, 14:54 by Yungdock - Shaker Heights - Foreclosure - 6 answers

J.b. answered:

Shaker Heights has always had national attention for its garden city planning, beautiful mansions and great schools. It does have a mix of housing prices and styles from multi-million parkland estates, to modern condos, to two-families, rental apartments and spacious single-family homes. Historically Shaker home prices have appreciated better than other neighboring suburbs but this is 2008 and there is an unprecedented number of good homes on the market. The foreclosure rate is mainly in the lower-income streets and still slightly below the national average (which is about 1.7% nationwide, I'd say Shaker's is about 1.5%). It's impossible to predict what will happen in the next two years but it looks like now is a good time to buy with lots of choices. Yes, Shaker is a very easy commute to Case, UH and the Cleveland Clinic, University Circle, Little Italy. It's one of the features that make it very attractive. - Thu Jan 31 2008, 15:13

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