greater cleveland real estate market update - summer2016
TRANSCRIPT
GREATER CLEVELAND HOMES amp REAL ESTATE2016 YTD HOME SALES REPORT - SOUTHWEST SUBURBS ndash SUMMER 2016
Brought to you by LisaHumenik RE MAX Crossroads More news at FacebookcomAmazingNortheastOhioHomes
HOME SALES
ITrsquoS A GREAT TIME TO SELL A HOME
The Northeast Ohio real estate market has changed significantly in the past year turning to a SELLERrsquos advantage in most suburbs The
number of homes available for sale has continued to decline while home sales are increasing which has helped boost sales prices and
decrease market time for home sellers With mortgage rates still at historic lows a home buyers cost of purchasing a home is lower and
more affordable than ever which is boosting demand Homes that are in very good condition and that are priced and marketed effectively
are selling for higher prices which is driving up home values Home owners throughout the area are seeing their homes value and equity increase which is a welcome change from the past years All and all It is a great year to move
HOME PRICES
HOMES SALES ARE UP 17 OVER 2015
The number of homes sold YTD (Jan-May) in 2016 in Cuyahoga
County suburbs is up 17 over the same period last year (SEE
CHART) A even bigger indicator of future sales is that Pending Sales
Contracts are up over 36 from May last year
Many suburbs are seeing even stronger sales gains The top sales
gains YTD in the Greater Cleveland SW Suburbs are as follows
Strongsville (+40) Lakewood (+38) Middleburg Heights (+32)
Brunswick Brunswick Hills (+31) Olmsted Falls (+29) and Parma
(+26) Home sales have continued to increase in spite of declining
home inventory for sale
HOMES PRICES ARE RISING IN ALMOST ALL
SUBURBS ndash UP 4 IN CUYAHOGA COUNTY
The Average Sale Price of Homes sold YTD (Jan-May) in 2016 in Cuyahoga
County suburbs is $143000 up 4 over the same period last year (SEE
CHART NEXT PAGE FOR ALL SW SUBURBS) The average List Price
has increased by over 10 since 2015 Many suburbs are seeing double
digit sold price increases Suburbs with the highest home sales price
increases YTD over 2015 are as follows (Average Home Sales Price)
1 ROCKY RIVER ndash UP 188 TO $329000 AVG
2 BEREA ndash UP 15 TO $136000 AVG
3 BROOKPARK ndash UP 13 TO $103000 AVG
4 WEST PARK - CLEVE W OF 140TH (KAMMS) ndash UP 12 TO
$93000 AVG
5 LAKEWOOD ndash UP 123 TO $169000 AVG
6 PARMA ndash UP 8 TO $97000 AVG
2016 YTD HOME SALES REPORT CARD
HOME SALES DATA ndash COMPARISON OF SW SUBURBS
Months of Inventory ( based on Closed Sales) = the number of properties for sale divided by the number of properties sold
Three (3) months or less inventory is a Sellerrsquos Market A Buyerrsquos Market is greater than 6 months of Inventory Balanced = 3 lt 6
months inventory
Absorption Rate ndash Percent of Homes for Sale that went under contract (Pending)
CITY NUMBER OF HOMES FOR SALE
(+- TO 2015)
As of 6116
CURRENT MONTHS OF
INVENTORY(Buyer or Sellerrsquos
Market)
2016 AVG SOLD PRICEYTD 2016 - AVG
( TO SAME PERIOD 2015)
2016 YTD HOMES
SOLD ( TO SAME
PERIOD 2015)
KEY MARKET TRENDS
BEREA 46 ( - 40 )
19SELLER
$136000(+ 148)
100(+235)
VERY LOW INVENTORY STRONG SALES amp PRICE
APPRECIATION
BROOK PARK 41 (+ 79)
17SELLER
$103000(+13)
92(+165)
INCREASED HOME SALES amp PRICE APPRECIATION
BRUNSWICK 88 ( - 40 )
14SELLER
$178000(+34)
254(+31)
VERY LOW INVENTORY STRONG SALES
LAKEWOOD 59 (- 18)
13SELLER
$169000(+123)
200(+38)
STRONG GROWTH IN HOME SALES amp PRICES
MIDDLEBURG HTS 35 (+ 13)
19SELLER
$150000(+58)
58(+32)
MODERATE PRICE amp INVENTORY GROWTH
NORTH OLMSTED 70 (-35)
19SELLER
$134000(+1)
143(+92)
PRICING amp SALES NUETRAL
NORTH ROYALTON 74 (-32)
25SELLER
$204000(-17)
91(+1)
PRICING amp SALES NUETRAL
OLMSTED FALLS TOWNSHIP
83(-20)
31NUETRAL
$135000(-68)
111(+29)
HOMES SALES INCREASING BUT PRICING DECREASING
PARMA 202(- 32)
18SELLER
$97000(+8)
438(+255)
GREAT MARKET RECOVERY - HOME PRICES AND SALES
UP SUBSTANTIALLY
PARMA HEIGHTS 40(- 38)
12SELLER
$99000(+65)
98(+24)
INCREASED HOME SALES amp PRICE APPRECIATION
ROCKY RIVER 44(-33)
15SELLER
$329000(+19)
104(+95)
STRONG PRICE APPRECIATION AND SALES
STRONGSVILLE 130 (-37)
21SELLER
$221000(+32)
229(+405)
VERY STRONG HOME SALES GROWTH
WEST PARK 92(-30)
22SELLER
$93000(+12)
202(+195)
INCREASED HOME SALES amp PRICE APPRECIATION
ALL CUYAHOGA COUNTY
4198(-156)
24SELLER
$143000(+42)
4986(+17)
SELLERrsquoS MARKET STRONG SALES amp PRICE APPRECIATION
GREATER CLEVELAND - 2016 YTD HOME SALES REPORT - SOUTHWEST SUBURBS
DAYS ON MARKET
DAYS ON MARKET (DAYS TO SELL) IS DECREASING
The number of days it takes to sell a home has been decreasing as the
market has become tighter and inventory is low In the past five years
total days on market (CDOM) peaked at 139 days in 2011 and is now 97
days ndash a 30 decrease So we are seeing homes sell significantly
FASTER With low interest rates and rising prices it is a great time to
sell So if you list your home be ready to get moving
CDOM is Cumulative Days on Market and includes if a home was on the
market and then expired and re-listed Days on Market (DOM) is the
number of days to sell in the current listing period Todays DM in Cuyahoga County is averaging 76 days from list date to close
WHERE HAVE ALL THE LISTINGS GONE
NUMBER OF HOMES FOR SALE (ACTIVE
LISTINGS) AT 5 YEAR LOWS
The inventory of homes ldquoFor Salerdquo in Cuyahoga County (see
CHART) has been consistently decreasing over the past 5
years Even with the positive trends in 2015 we have yet to see the
inventory of homes increase to levels higher than the past five
years At the start of June we had 4198 Single Family homes for
sale in Cuyahoga County compared to 7945 in 2011 - a 47
decrease The low supply of homes for sale has assisted in
boosting sales prices and lowering the time it takes to sell a
home The reasons for the strong year-over-year home
appreciation numbers we have been seeing is simple to explain
demand for housing is up and the supply of homes for sale has been at historic lows
MONTHS OF INVENTORY
CUYAHOGA COUNTY INVENTORY AT 34 MONTHS
The Average current market inventory in Cuyahoga County is
34 months This is a still a Balanced Market county-wide (but
moving towards Sellers) But most all Southwest Suburbs are
now SELLERrsquos markets (a Sellers Market is 3 months or less of
inventory and a Buyers Market is more than 6 months of
inventory) Markets with extremely low inventory and high
turnover include Lakewood Brunswick Brook Park an Parma
Heights
Download the complete Market Trends Report at NortheastOhioMarketReportcom
IMPORTANT INFO FOR HOME BUYERS
If you are thinking of buying a home check out all the great local homes for sale at AmazingNorthestOhioHomescom
and call me for a lender referral and professional assistance at (440)476-4959
HOME BUYER GRANTS amp DOWN PAYMENT ASSISTANCE PROGRAMS
NHS GREATER CLEVELAND - Eligible homebuyers can receive down payment assistance in the amount of up to 17 of the
total transaction The total calculates as purchase price plus 5 of purchase price for closing costs The homebuyer will be
responsible for a minimum of 3 of the total transaction contribution towards the purchase The assistance is provided in the
form of a deferred mortgage loan (50 forgiven after 10 yrs of occupancy) Info httpswwwnhsclevelandorg
CLEVELAND CITYLIFT PROGRAM - Provides eligible homebuyers with $15000 in down payment assistance on qualified
properties in the City of Cleveland Income restrictions apply
OHIO FINANCE AUTHORITY (OHFA) - Down Payment Assistance allows homebuyers to choose either 25 or 5 of the
homes purchase price Assistance can be applied toward your down payment closing costs or other pre-closing expenses
Down payment assistance is forgiven after seven years If you sell or refinance your home within seven years you must repay
all of the assistance provided More info at httpmyohiohomeorgdownpaymentassistanceaspx
There are several programs available for down payment and closing cost assistance to Northeast Ohio homebuyers who
qualify Here are details on a few of the available programs
Whether you are a first time home buyer or repeat buyer the first step in the process is to get pre-qualified for a mortgage
This is necessary before you can approach a seller with an offer to purchase a home
Interest rates are projected to increase slightly over the course of 2016 The experts predict that home prices will
continue to appreciate for the remainder of the year If these trends continue families could wind up paying considerably
more for their home by waiting until later or next year This year is a great year to make a move because of rising resale
values and affordability to purchase (especially compared to renting)
In many markets rents are rising to unsustainable levels reports the National Association of Realtors (NAR) In the past five
years a typical rent rose 15 while the income of renters grew by only 11ldquo Today buying is 38 cheaper than renting
nationwide and buying is cheaper than renting in all of the 100 largest metros In the Cleveland amp Akron metro areas it is
58 cheaper to buy verses rent A great resource to compare what is a better for you is to visit Truliarsquos online ldquoRent vs
Buyrdquo Calculator at httpwwwtruliacomrent_vs_buy
SELLING YOUR HOME
If you are thinking of selling your home my Home Marketing Program attracts MORE interested buyers to your home
with todays most effective and ADVANCED real estate marketing techniques with results that are Guaranteed Heres why
the smart seller program is unique
SELLING BY OWNER
SPONSORED ONLINE ADVERTISING - Over 90 of buyers look for a home on the Internet first before requesting a
showing for your home My clients receive extensive online advertising 24x7 on REMAXcom Realtorcom
Clevelandcom Zillowcom Truliacom and on over 500 affiliated internet websites By showcasing your home your
home will appear highest in buyer searches tripling the number of buyers who will see your home
WIDE ANGLE LENS PHOTOGRAPHY - Interior amp exterior pictures taken with a wide-angle lens professional
camera producing ldquomagazine qualityrdquo pictures which showcase your home in the best way possible Your 1st showing
of your home is online it is imperative that your home shows better than others
VIDEO MARKETING - A Video of your home will be taken by a professional photographer Your
professionally produced video will include music and great photography highlighting your homersquos best
features Your 1st Showing is online so when the buyer comes in person they will come ready to buy
YOUR HOMErsquoS EXCLUSIVE WEBSITE - An exclusive website will be created just for Your
Home eg YourAddresscom The website for your home will allow your video pictures
description neighborhood information and any other relevant info to be showcased in one
place Your home will have its own web address (URL) which buyers can use to search for
your home directly on the internet ie http123YourAddresscom
SOCIAL MEDIA ADVERTISING on Facebook Instagram and Twitter targeted at local buyers - creating a BUZZ
around your listing Paid social media promotion is a important element of a successful marketing plan Sample
promotions include Facebook ldquoPromoted Postsrdquo and Just Listed Announcements of your homersquos listing and Video to
targeted home buyers Instagram photos shared on the web and fan page promotion
SHORT TERM LISTING - You will not be asked to sign a long-term listing agreement I am so sure you will be happy
with my services and that your home will sell quickly we can agree to a short-term agreement (as short as 90-180
days) to get your home SOLD Also you can cancel at ANY time
CUSTOMER FEEDBACK by RealSatisfiedreg - Your complete satisfaction is my 1 Priority and we
strive to get better every day Every client is asked to complete a 3rd party independent post-sale
customer satisfaction survey by RealSatisfiedreg so they can tell us what they loved most and identify
any ways we can get even better
100 HAPPINESS GUARANTEE - You will LOVE our services and will want to tell your friends and family
However if you change your mind for ANY reason you can cancel your listing agreement anytime
If you are currently selling your home By Owner check out my Smart Seller Program Herersquos how it works
1 You continue to market your home to find a buyer by yourself ldquoBy Ownerrdquo
2 Plus you allow me to concurrently market your home to the 25K+ buyers online in print and on social media I will provide
you with a full fledge marketing program to sell your home for the highest price hellip BEFORE you do If I find the Buyer you pay
me the agreed Commission if you accept the offer on your home In addition the sales showings and closing process will be
all handled for youhellip from Listing to your homersquos Closing If YOU find the Buyer then you pay me NOTHING We withdraw
your MLS listing and you sell by Owner No Strings Attached No contractual obligation Check out SmartSellerOffercom
Download the complete Market Trends Report at NortheastOhioMarketReportcom
YOUR HOME MAY BE WORTH MORE NOW
CHECK OUT OUR NEW WEBSITE amp FACEBOOK PAGE
CONTACT INFO
PHONE (440)476-4959 EMAIL lisahumenikgmailcom WEB httplisahumenikcom
httpfacebookcomlisamariehumenik or FANPAGE httpFacebookcomAmazingNortheastOhioHomes
httplinkedincominlisahumenik New BLOG COMING SOON
GREATER CLEVELAND - 2016 YTD HOME SALES REPORT - SOUTHWEST SUBURBS
WONDERING WHAT YOUR HOME IS WORTH NOW
Market conditions have changed dramatically over the past few years
ndash especially in the Southwest Suburbs The GOOD NEWS ishellip most
likely your home may have gone up in value If you would like a
current professional estimate andor neighborhood value report please contact me at (440)476-4959 or lisahumenikremaxnet
Looking to Buy a Home Our REMAX home search
Website has recently been improved to allow even easier
navigation to find homes for sale You can subscribe for
daily updates of ldquoJUST LISTEDrdquo homes and get tons of
neighborhood data to assist you in your home search
Check it out at httpLisaHumenikcom or
AmazingNortheastOhioHomescom
AMAZING NORTHEAST OHIO HOMES
FACEBOOK PAGE
Also my Facebook Page features up-to-date news on the real
estate market in Greater Cleveland and the latest HOT new
home listings All the newest home listings are featured and
showcased to local home buyers
Check it out and ldquoLIKErdquo my page and check it out at
httpFacebookcomAmazingNortheastOhioHomes
2016 YTD HOME SALES REPORT CARD
HOME SALES DATA ndash COMPARISON OF SW SUBURBS
Months of Inventory ( based on Closed Sales) = the number of properties for sale divided by the number of properties sold
Three (3) months or less inventory is a Sellerrsquos Market A Buyerrsquos Market is greater than 6 months of Inventory Balanced = 3 lt 6
months inventory
Absorption Rate ndash Percent of Homes for Sale that went under contract (Pending)
CITY NUMBER OF HOMES FOR SALE
(+- TO 2015)
As of 6116
CURRENT MONTHS OF
INVENTORY(Buyer or Sellerrsquos
Market)
2016 AVG SOLD PRICEYTD 2016 - AVG
( TO SAME PERIOD 2015)
2016 YTD HOMES
SOLD ( TO SAME
PERIOD 2015)
KEY MARKET TRENDS
BEREA 46 ( - 40 )
19SELLER
$136000(+ 148)
100(+235)
VERY LOW INVENTORY STRONG SALES amp PRICE
APPRECIATION
BROOK PARK 41 (+ 79)
17SELLER
$103000(+13)
92(+165)
INCREASED HOME SALES amp PRICE APPRECIATION
BRUNSWICK 88 ( - 40 )
14SELLER
$178000(+34)
254(+31)
VERY LOW INVENTORY STRONG SALES
LAKEWOOD 59 (- 18)
13SELLER
$169000(+123)
200(+38)
STRONG GROWTH IN HOME SALES amp PRICES
MIDDLEBURG HTS 35 (+ 13)
19SELLER
$150000(+58)
58(+32)
MODERATE PRICE amp INVENTORY GROWTH
NORTH OLMSTED 70 (-35)
19SELLER
$134000(+1)
143(+92)
PRICING amp SALES NUETRAL
NORTH ROYALTON 74 (-32)
25SELLER
$204000(-17)
91(+1)
PRICING amp SALES NUETRAL
OLMSTED FALLS TOWNSHIP
83(-20)
31NUETRAL
$135000(-68)
111(+29)
HOMES SALES INCREASING BUT PRICING DECREASING
PARMA 202(- 32)
18SELLER
$97000(+8)
438(+255)
GREAT MARKET RECOVERY - HOME PRICES AND SALES
UP SUBSTANTIALLY
PARMA HEIGHTS 40(- 38)
12SELLER
$99000(+65)
98(+24)
INCREASED HOME SALES amp PRICE APPRECIATION
ROCKY RIVER 44(-33)
15SELLER
$329000(+19)
104(+95)
STRONG PRICE APPRECIATION AND SALES
STRONGSVILLE 130 (-37)
21SELLER
$221000(+32)
229(+405)
VERY STRONG HOME SALES GROWTH
WEST PARK 92(-30)
22SELLER
$93000(+12)
202(+195)
INCREASED HOME SALES amp PRICE APPRECIATION
ALL CUYAHOGA COUNTY
4198(-156)
24SELLER
$143000(+42)
4986(+17)
SELLERrsquoS MARKET STRONG SALES amp PRICE APPRECIATION
GREATER CLEVELAND - 2016 YTD HOME SALES REPORT - SOUTHWEST SUBURBS
DAYS ON MARKET
DAYS ON MARKET (DAYS TO SELL) IS DECREASING
The number of days it takes to sell a home has been decreasing as the
market has become tighter and inventory is low In the past five years
total days on market (CDOM) peaked at 139 days in 2011 and is now 97
days ndash a 30 decrease So we are seeing homes sell significantly
FASTER With low interest rates and rising prices it is a great time to
sell So if you list your home be ready to get moving
CDOM is Cumulative Days on Market and includes if a home was on the
market and then expired and re-listed Days on Market (DOM) is the
number of days to sell in the current listing period Todays DM in Cuyahoga County is averaging 76 days from list date to close
WHERE HAVE ALL THE LISTINGS GONE
NUMBER OF HOMES FOR SALE (ACTIVE
LISTINGS) AT 5 YEAR LOWS
The inventory of homes ldquoFor Salerdquo in Cuyahoga County (see
CHART) has been consistently decreasing over the past 5
years Even with the positive trends in 2015 we have yet to see the
inventory of homes increase to levels higher than the past five
years At the start of June we had 4198 Single Family homes for
sale in Cuyahoga County compared to 7945 in 2011 - a 47
decrease The low supply of homes for sale has assisted in
boosting sales prices and lowering the time it takes to sell a
home The reasons for the strong year-over-year home
appreciation numbers we have been seeing is simple to explain
demand for housing is up and the supply of homes for sale has been at historic lows
MONTHS OF INVENTORY
CUYAHOGA COUNTY INVENTORY AT 34 MONTHS
The Average current market inventory in Cuyahoga County is
34 months This is a still a Balanced Market county-wide (but
moving towards Sellers) But most all Southwest Suburbs are
now SELLERrsquos markets (a Sellers Market is 3 months or less of
inventory and a Buyers Market is more than 6 months of
inventory) Markets with extremely low inventory and high
turnover include Lakewood Brunswick Brook Park an Parma
Heights
Download the complete Market Trends Report at NortheastOhioMarketReportcom
IMPORTANT INFO FOR HOME BUYERS
If you are thinking of buying a home check out all the great local homes for sale at AmazingNorthestOhioHomescom
and call me for a lender referral and professional assistance at (440)476-4959
HOME BUYER GRANTS amp DOWN PAYMENT ASSISTANCE PROGRAMS
NHS GREATER CLEVELAND - Eligible homebuyers can receive down payment assistance in the amount of up to 17 of the
total transaction The total calculates as purchase price plus 5 of purchase price for closing costs The homebuyer will be
responsible for a minimum of 3 of the total transaction contribution towards the purchase The assistance is provided in the
form of a deferred mortgage loan (50 forgiven after 10 yrs of occupancy) Info httpswwwnhsclevelandorg
CLEVELAND CITYLIFT PROGRAM - Provides eligible homebuyers with $15000 in down payment assistance on qualified
properties in the City of Cleveland Income restrictions apply
OHIO FINANCE AUTHORITY (OHFA) - Down Payment Assistance allows homebuyers to choose either 25 or 5 of the
homes purchase price Assistance can be applied toward your down payment closing costs or other pre-closing expenses
Down payment assistance is forgiven after seven years If you sell or refinance your home within seven years you must repay
all of the assistance provided More info at httpmyohiohomeorgdownpaymentassistanceaspx
There are several programs available for down payment and closing cost assistance to Northeast Ohio homebuyers who
qualify Here are details on a few of the available programs
Whether you are a first time home buyer or repeat buyer the first step in the process is to get pre-qualified for a mortgage
This is necessary before you can approach a seller with an offer to purchase a home
Interest rates are projected to increase slightly over the course of 2016 The experts predict that home prices will
continue to appreciate for the remainder of the year If these trends continue families could wind up paying considerably
more for their home by waiting until later or next year This year is a great year to make a move because of rising resale
values and affordability to purchase (especially compared to renting)
In many markets rents are rising to unsustainable levels reports the National Association of Realtors (NAR) In the past five
years a typical rent rose 15 while the income of renters grew by only 11ldquo Today buying is 38 cheaper than renting
nationwide and buying is cheaper than renting in all of the 100 largest metros In the Cleveland amp Akron metro areas it is
58 cheaper to buy verses rent A great resource to compare what is a better for you is to visit Truliarsquos online ldquoRent vs
Buyrdquo Calculator at httpwwwtruliacomrent_vs_buy
SELLING YOUR HOME
If you are thinking of selling your home my Home Marketing Program attracts MORE interested buyers to your home
with todays most effective and ADVANCED real estate marketing techniques with results that are Guaranteed Heres why
the smart seller program is unique
SELLING BY OWNER
SPONSORED ONLINE ADVERTISING - Over 90 of buyers look for a home on the Internet first before requesting a
showing for your home My clients receive extensive online advertising 24x7 on REMAXcom Realtorcom
Clevelandcom Zillowcom Truliacom and on over 500 affiliated internet websites By showcasing your home your
home will appear highest in buyer searches tripling the number of buyers who will see your home
WIDE ANGLE LENS PHOTOGRAPHY - Interior amp exterior pictures taken with a wide-angle lens professional
camera producing ldquomagazine qualityrdquo pictures which showcase your home in the best way possible Your 1st showing
of your home is online it is imperative that your home shows better than others
VIDEO MARKETING - A Video of your home will be taken by a professional photographer Your
professionally produced video will include music and great photography highlighting your homersquos best
features Your 1st Showing is online so when the buyer comes in person they will come ready to buy
YOUR HOMErsquoS EXCLUSIVE WEBSITE - An exclusive website will be created just for Your
Home eg YourAddresscom The website for your home will allow your video pictures
description neighborhood information and any other relevant info to be showcased in one
place Your home will have its own web address (URL) which buyers can use to search for
your home directly on the internet ie http123YourAddresscom
SOCIAL MEDIA ADVERTISING on Facebook Instagram and Twitter targeted at local buyers - creating a BUZZ
around your listing Paid social media promotion is a important element of a successful marketing plan Sample
promotions include Facebook ldquoPromoted Postsrdquo and Just Listed Announcements of your homersquos listing and Video to
targeted home buyers Instagram photos shared on the web and fan page promotion
SHORT TERM LISTING - You will not be asked to sign a long-term listing agreement I am so sure you will be happy
with my services and that your home will sell quickly we can agree to a short-term agreement (as short as 90-180
days) to get your home SOLD Also you can cancel at ANY time
CUSTOMER FEEDBACK by RealSatisfiedreg - Your complete satisfaction is my 1 Priority and we
strive to get better every day Every client is asked to complete a 3rd party independent post-sale
customer satisfaction survey by RealSatisfiedreg so they can tell us what they loved most and identify
any ways we can get even better
100 HAPPINESS GUARANTEE - You will LOVE our services and will want to tell your friends and family
However if you change your mind for ANY reason you can cancel your listing agreement anytime
If you are currently selling your home By Owner check out my Smart Seller Program Herersquos how it works
1 You continue to market your home to find a buyer by yourself ldquoBy Ownerrdquo
2 Plus you allow me to concurrently market your home to the 25K+ buyers online in print and on social media I will provide
you with a full fledge marketing program to sell your home for the highest price hellip BEFORE you do If I find the Buyer you pay
me the agreed Commission if you accept the offer on your home In addition the sales showings and closing process will be
all handled for youhellip from Listing to your homersquos Closing If YOU find the Buyer then you pay me NOTHING We withdraw
your MLS listing and you sell by Owner No Strings Attached No contractual obligation Check out SmartSellerOffercom
Download the complete Market Trends Report at NortheastOhioMarketReportcom
YOUR HOME MAY BE WORTH MORE NOW
CHECK OUT OUR NEW WEBSITE amp FACEBOOK PAGE
CONTACT INFO
PHONE (440)476-4959 EMAIL lisahumenikgmailcom WEB httplisahumenikcom
httpfacebookcomlisamariehumenik or FANPAGE httpFacebookcomAmazingNortheastOhioHomes
httplinkedincominlisahumenik New BLOG COMING SOON
GREATER CLEVELAND - 2016 YTD HOME SALES REPORT - SOUTHWEST SUBURBS
WONDERING WHAT YOUR HOME IS WORTH NOW
Market conditions have changed dramatically over the past few years
ndash especially in the Southwest Suburbs The GOOD NEWS ishellip most
likely your home may have gone up in value If you would like a
current professional estimate andor neighborhood value report please contact me at (440)476-4959 or lisahumenikremaxnet
Looking to Buy a Home Our REMAX home search
Website has recently been improved to allow even easier
navigation to find homes for sale You can subscribe for
daily updates of ldquoJUST LISTEDrdquo homes and get tons of
neighborhood data to assist you in your home search
Check it out at httpLisaHumenikcom or
AmazingNortheastOhioHomescom
AMAZING NORTHEAST OHIO HOMES
FACEBOOK PAGE
Also my Facebook Page features up-to-date news on the real
estate market in Greater Cleveland and the latest HOT new
home listings All the newest home listings are featured and
showcased to local home buyers
Check it out and ldquoLIKErdquo my page and check it out at
httpFacebookcomAmazingNortheastOhioHomes
GREATER CLEVELAND - 2016 YTD HOME SALES REPORT - SOUTHWEST SUBURBS
DAYS ON MARKET
DAYS ON MARKET (DAYS TO SELL) IS DECREASING
The number of days it takes to sell a home has been decreasing as the
market has become tighter and inventory is low In the past five years
total days on market (CDOM) peaked at 139 days in 2011 and is now 97
days ndash a 30 decrease So we are seeing homes sell significantly
FASTER With low interest rates and rising prices it is a great time to
sell So if you list your home be ready to get moving
CDOM is Cumulative Days on Market and includes if a home was on the
market and then expired and re-listed Days on Market (DOM) is the
number of days to sell in the current listing period Todays DM in Cuyahoga County is averaging 76 days from list date to close
WHERE HAVE ALL THE LISTINGS GONE
NUMBER OF HOMES FOR SALE (ACTIVE
LISTINGS) AT 5 YEAR LOWS
The inventory of homes ldquoFor Salerdquo in Cuyahoga County (see
CHART) has been consistently decreasing over the past 5
years Even with the positive trends in 2015 we have yet to see the
inventory of homes increase to levels higher than the past five
years At the start of June we had 4198 Single Family homes for
sale in Cuyahoga County compared to 7945 in 2011 - a 47
decrease The low supply of homes for sale has assisted in
boosting sales prices and lowering the time it takes to sell a
home The reasons for the strong year-over-year home
appreciation numbers we have been seeing is simple to explain
demand for housing is up and the supply of homes for sale has been at historic lows
MONTHS OF INVENTORY
CUYAHOGA COUNTY INVENTORY AT 34 MONTHS
The Average current market inventory in Cuyahoga County is
34 months This is a still a Balanced Market county-wide (but
moving towards Sellers) But most all Southwest Suburbs are
now SELLERrsquos markets (a Sellers Market is 3 months or less of
inventory and a Buyers Market is more than 6 months of
inventory) Markets with extremely low inventory and high
turnover include Lakewood Brunswick Brook Park an Parma
Heights
Download the complete Market Trends Report at NortheastOhioMarketReportcom
IMPORTANT INFO FOR HOME BUYERS
If you are thinking of buying a home check out all the great local homes for sale at AmazingNorthestOhioHomescom
and call me for a lender referral and professional assistance at (440)476-4959
HOME BUYER GRANTS amp DOWN PAYMENT ASSISTANCE PROGRAMS
NHS GREATER CLEVELAND - Eligible homebuyers can receive down payment assistance in the amount of up to 17 of the
total transaction The total calculates as purchase price plus 5 of purchase price for closing costs The homebuyer will be
responsible for a minimum of 3 of the total transaction contribution towards the purchase The assistance is provided in the
form of a deferred mortgage loan (50 forgiven after 10 yrs of occupancy) Info httpswwwnhsclevelandorg
CLEVELAND CITYLIFT PROGRAM - Provides eligible homebuyers with $15000 in down payment assistance on qualified
properties in the City of Cleveland Income restrictions apply
OHIO FINANCE AUTHORITY (OHFA) - Down Payment Assistance allows homebuyers to choose either 25 or 5 of the
homes purchase price Assistance can be applied toward your down payment closing costs or other pre-closing expenses
Down payment assistance is forgiven after seven years If you sell or refinance your home within seven years you must repay
all of the assistance provided More info at httpmyohiohomeorgdownpaymentassistanceaspx
There are several programs available for down payment and closing cost assistance to Northeast Ohio homebuyers who
qualify Here are details on a few of the available programs
Whether you are a first time home buyer or repeat buyer the first step in the process is to get pre-qualified for a mortgage
This is necessary before you can approach a seller with an offer to purchase a home
Interest rates are projected to increase slightly over the course of 2016 The experts predict that home prices will
continue to appreciate for the remainder of the year If these trends continue families could wind up paying considerably
more for their home by waiting until later or next year This year is a great year to make a move because of rising resale
values and affordability to purchase (especially compared to renting)
In many markets rents are rising to unsustainable levels reports the National Association of Realtors (NAR) In the past five
years a typical rent rose 15 while the income of renters grew by only 11ldquo Today buying is 38 cheaper than renting
nationwide and buying is cheaper than renting in all of the 100 largest metros In the Cleveland amp Akron metro areas it is
58 cheaper to buy verses rent A great resource to compare what is a better for you is to visit Truliarsquos online ldquoRent vs
Buyrdquo Calculator at httpwwwtruliacomrent_vs_buy
SELLING YOUR HOME
If you are thinking of selling your home my Home Marketing Program attracts MORE interested buyers to your home
with todays most effective and ADVANCED real estate marketing techniques with results that are Guaranteed Heres why
the smart seller program is unique
SELLING BY OWNER
SPONSORED ONLINE ADVERTISING - Over 90 of buyers look for a home on the Internet first before requesting a
showing for your home My clients receive extensive online advertising 24x7 on REMAXcom Realtorcom
Clevelandcom Zillowcom Truliacom and on over 500 affiliated internet websites By showcasing your home your
home will appear highest in buyer searches tripling the number of buyers who will see your home
WIDE ANGLE LENS PHOTOGRAPHY - Interior amp exterior pictures taken with a wide-angle lens professional
camera producing ldquomagazine qualityrdquo pictures which showcase your home in the best way possible Your 1st showing
of your home is online it is imperative that your home shows better than others
VIDEO MARKETING - A Video of your home will be taken by a professional photographer Your
professionally produced video will include music and great photography highlighting your homersquos best
features Your 1st Showing is online so when the buyer comes in person they will come ready to buy
YOUR HOMErsquoS EXCLUSIVE WEBSITE - An exclusive website will be created just for Your
Home eg YourAddresscom The website for your home will allow your video pictures
description neighborhood information and any other relevant info to be showcased in one
place Your home will have its own web address (URL) which buyers can use to search for
your home directly on the internet ie http123YourAddresscom
SOCIAL MEDIA ADVERTISING on Facebook Instagram and Twitter targeted at local buyers - creating a BUZZ
around your listing Paid social media promotion is a important element of a successful marketing plan Sample
promotions include Facebook ldquoPromoted Postsrdquo and Just Listed Announcements of your homersquos listing and Video to
targeted home buyers Instagram photos shared on the web and fan page promotion
SHORT TERM LISTING - You will not be asked to sign a long-term listing agreement I am so sure you will be happy
with my services and that your home will sell quickly we can agree to a short-term agreement (as short as 90-180
days) to get your home SOLD Also you can cancel at ANY time
CUSTOMER FEEDBACK by RealSatisfiedreg - Your complete satisfaction is my 1 Priority and we
strive to get better every day Every client is asked to complete a 3rd party independent post-sale
customer satisfaction survey by RealSatisfiedreg so they can tell us what they loved most and identify
any ways we can get even better
100 HAPPINESS GUARANTEE - You will LOVE our services and will want to tell your friends and family
However if you change your mind for ANY reason you can cancel your listing agreement anytime
If you are currently selling your home By Owner check out my Smart Seller Program Herersquos how it works
1 You continue to market your home to find a buyer by yourself ldquoBy Ownerrdquo
2 Plus you allow me to concurrently market your home to the 25K+ buyers online in print and on social media I will provide
you with a full fledge marketing program to sell your home for the highest price hellip BEFORE you do If I find the Buyer you pay
me the agreed Commission if you accept the offer on your home In addition the sales showings and closing process will be
all handled for youhellip from Listing to your homersquos Closing If YOU find the Buyer then you pay me NOTHING We withdraw
your MLS listing and you sell by Owner No Strings Attached No contractual obligation Check out SmartSellerOffercom
Download the complete Market Trends Report at NortheastOhioMarketReportcom
YOUR HOME MAY BE WORTH MORE NOW
CHECK OUT OUR NEW WEBSITE amp FACEBOOK PAGE
CONTACT INFO
PHONE (440)476-4959 EMAIL lisahumenikgmailcom WEB httplisahumenikcom
httpfacebookcomlisamariehumenik or FANPAGE httpFacebookcomAmazingNortheastOhioHomes
httplinkedincominlisahumenik New BLOG COMING SOON
GREATER CLEVELAND - 2016 YTD HOME SALES REPORT - SOUTHWEST SUBURBS
WONDERING WHAT YOUR HOME IS WORTH NOW
Market conditions have changed dramatically over the past few years
ndash especially in the Southwest Suburbs The GOOD NEWS ishellip most
likely your home may have gone up in value If you would like a
current professional estimate andor neighborhood value report please contact me at (440)476-4959 or lisahumenikremaxnet
Looking to Buy a Home Our REMAX home search
Website has recently been improved to allow even easier
navigation to find homes for sale You can subscribe for
daily updates of ldquoJUST LISTEDrdquo homes and get tons of
neighborhood data to assist you in your home search
Check it out at httpLisaHumenikcom or
AmazingNortheastOhioHomescom
AMAZING NORTHEAST OHIO HOMES
FACEBOOK PAGE
Also my Facebook Page features up-to-date news on the real
estate market in Greater Cleveland and the latest HOT new
home listings All the newest home listings are featured and
showcased to local home buyers
Check it out and ldquoLIKErdquo my page and check it out at
httpFacebookcomAmazingNortheastOhioHomes
IMPORTANT INFO FOR HOME BUYERS
If you are thinking of buying a home check out all the great local homes for sale at AmazingNorthestOhioHomescom
and call me for a lender referral and professional assistance at (440)476-4959
HOME BUYER GRANTS amp DOWN PAYMENT ASSISTANCE PROGRAMS
NHS GREATER CLEVELAND - Eligible homebuyers can receive down payment assistance in the amount of up to 17 of the
total transaction The total calculates as purchase price plus 5 of purchase price for closing costs The homebuyer will be
responsible for a minimum of 3 of the total transaction contribution towards the purchase The assistance is provided in the
form of a deferred mortgage loan (50 forgiven after 10 yrs of occupancy) Info httpswwwnhsclevelandorg
CLEVELAND CITYLIFT PROGRAM - Provides eligible homebuyers with $15000 in down payment assistance on qualified
properties in the City of Cleveland Income restrictions apply
OHIO FINANCE AUTHORITY (OHFA) - Down Payment Assistance allows homebuyers to choose either 25 or 5 of the
homes purchase price Assistance can be applied toward your down payment closing costs or other pre-closing expenses
Down payment assistance is forgiven after seven years If you sell or refinance your home within seven years you must repay
all of the assistance provided More info at httpmyohiohomeorgdownpaymentassistanceaspx
There are several programs available for down payment and closing cost assistance to Northeast Ohio homebuyers who
qualify Here are details on a few of the available programs
Whether you are a first time home buyer or repeat buyer the first step in the process is to get pre-qualified for a mortgage
This is necessary before you can approach a seller with an offer to purchase a home
Interest rates are projected to increase slightly over the course of 2016 The experts predict that home prices will
continue to appreciate for the remainder of the year If these trends continue families could wind up paying considerably
more for their home by waiting until later or next year This year is a great year to make a move because of rising resale
values and affordability to purchase (especially compared to renting)
In many markets rents are rising to unsustainable levels reports the National Association of Realtors (NAR) In the past five
years a typical rent rose 15 while the income of renters grew by only 11ldquo Today buying is 38 cheaper than renting
nationwide and buying is cheaper than renting in all of the 100 largest metros In the Cleveland amp Akron metro areas it is
58 cheaper to buy verses rent A great resource to compare what is a better for you is to visit Truliarsquos online ldquoRent vs
Buyrdquo Calculator at httpwwwtruliacomrent_vs_buy
SELLING YOUR HOME
If you are thinking of selling your home my Home Marketing Program attracts MORE interested buyers to your home
with todays most effective and ADVANCED real estate marketing techniques with results that are Guaranteed Heres why
the smart seller program is unique
SELLING BY OWNER
SPONSORED ONLINE ADVERTISING - Over 90 of buyers look for a home on the Internet first before requesting a
showing for your home My clients receive extensive online advertising 24x7 on REMAXcom Realtorcom
Clevelandcom Zillowcom Truliacom and on over 500 affiliated internet websites By showcasing your home your
home will appear highest in buyer searches tripling the number of buyers who will see your home
WIDE ANGLE LENS PHOTOGRAPHY - Interior amp exterior pictures taken with a wide-angle lens professional
camera producing ldquomagazine qualityrdquo pictures which showcase your home in the best way possible Your 1st showing
of your home is online it is imperative that your home shows better than others
VIDEO MARKETING - A Video of your home will be taken by a professional photographer Your
professionally produced video will include music and great photography highlighting your homersquos best
features Your 1st Showing is online so when the buyer comes in person they will come ready to buy
YOUR HOMErsquoS EXCLUSIVE WEBSITE - An exclusive website will be created just for Your
Home eg YourAddresscom The website for your home will allow your video pictures
description neighborhood information and any other relevant info to be showcased in one
place Your home will have its own web address (URL) which buyers can use to search for
your home directly on the internet ie http123YourAddresscom
SOCIAL MEDIA ADVERTISING on Facebook Instagram and Twitter targeted at local buyers - creating a BUZZ
around your listing Paid social media promotion is a important element of a successful marketing plan Sample
promotions include Facebook ldquoPromoted Postsrdquo and Just Listed Announcements of your homersquos listing and Video to
targeted home buyers Instagram photos shared on the web and fan page promotion
SHORT TERM LISTING - You will not be asked to sign a long-term listing agreement I am so sure you will be happy
with my services and that your home will sell quickly we can agree to a short-term agreement (as short as 90-180
days) to get your home SOLD Also you can cancel at ANY time
CUSTOMER FEEDBACK by RealSatisfiedreg - Your complete satisfaction is my 1 Priority and we
strive to get better every day Every client is asked to complete a 3rd party independent post-sale
customer satisfaction survey by RealSatisfiedreg so they can tell us what they loved most and identify
any ways we can get even better
100 HAPPINESS GUARANTEE - You will LOVE our services and will want to tell your friends and family
However if you change your mind for ANY reason you can cancel your listing agreement anytime
If you are currently selling your home By Owner check out my Smart Seller Program Herersquos how it works
1 You continue to market your home to find a buyer by yourself ldquoBy Ownerrdquo
2 Plus you allow me to concurrently market your home to the 25K+ buyers online in print and on social media I will provide
you with a full fledge marketing program to sell your home for the highest price hellip BEFORE you do If I find the Buyer you pay
me the agreed Commission if you accept the offer on your home In addition the sales showings and closing process will be
all handled for youhellip from Listing to your homersquos Closing If YOU find the Buyer then you pay me NOTHING We withdraw
your MLS listing and you sell by Owner No Strings Attached No contractual obligation Check out SmartSellerOffercom
Download the complete Market Trends Report at NortheastOhioMarketReportcom
YOUR HOME MAY BE WORTH MORE NOW
CHECK OUT OUR NEW WEBSITE amp FACEBOOK PAGE
CONTACT INFO
PHONE (440)476-4959 EMAIL lisahumenikgmailcom WEB httplisahumenikcom
httpfacebookcomlisamariehumenik or FANPAGE httpFacebookcomAmazingNortheastOhioHomes
httplinkedincominlisahumenik New BLOG COMING SOON
GREATER CLEVELAND - 2016 YTD HOME SALES REPORT - SOUTHWEST SUBURBS
WONDERING WHAT YOUR HOME IS WORTH NOW
Market conditions have changed dramatically over the past few years
ndash especially in the Southwest Suburbs The GOOD NEWS ishellip most
likely your home may have gone up in value If you would like a
current professional estimate andor neighborhood value report please contact me at (440)476-4959 or lisahumenikremaxnet
Looking to Buy a Home Our REMAX home search
Website has recently been improved to allow even easier
navigation to find homes for sale You can subscribe for
daily updates of ldquoJUST LISTEDrdquo homes and get tons of
neighborhood data to assist you in your home search
Check it out at httpLisaHumenikcom or
AmazingNortheastOhioHomescom
AMAZING NORTHEAST OHIO HOMES
FACEBOOK PAGE
Also my Facebook Page features up-to-date news on the real
estate market in Greater Cleveland and the latest HOT new
home listings All the newest home listings are featured and
showcased to local home buyers
Check it out and ldquoLIKErdquo my page and check it out at
httpFacebookcomAmazingNortheastOhioHomes
SELLING YOUR HOME
If you are thinking of selling your home my Home Marketing Program attracts MORE interested buyers to your home
with todays most effective and ADVANCED real estate marketing techniques with results that are Guaranteed Heres why
the smart seller program is unique
SELLING BY OWNER
SPONSORED ONLINE ADVERTISING - Over 90 of buyers look for a home on the Internet first before requesting a
showing for your home My clients receive extensive online advertising 24x7 on REMAXcom Realtorcom
Clevelandcom Zillowcom Truliacom and on over 500 affiliated internet websites By showcasing your home your
home will appear highest in buyer searches tripling the number of buyers who will see your home
WIDE ANGLE LENS PHOTOGRAPHY - Interior amp exterior pictures taken with a wide-angle lens professional
camera producing ldquomagazine qualityrdquo pictures which showcase your home in the best way possible Your 1st showing
of your home is online it is imperative that your home shows better than others
VIDEO MARKETING - A Video of your home will be taken by a professional photographer Your
professionally produced video will include music and great photography highlighting your homersquos best
features Your 1st Showing is online so when the buyer comes in person they will come ready to buy
YOUR HOMErsquoS EXCLUSIVE WEBSITE - An exclusive website will be created just for Your
Home eg YourAddresscom The website for your home will allow your video pictures
description neighborhood information and any other relevant info to be showcased in one
place Your home will have its own web address (URL) which buyers can use to search for
your home directly on the internet ie http123YourAddresscom
SOCIAL MEDIA ADVERTISING on Facebook Instagram and Twitter targeted at local buyers - creating a BUZZ
around your listing Paid social media promotion is a important element of a successful marketing plan Sample
promotions include Facebook ldquoPromoted Postsrdquo and Just Listed Announcements of your homersquos listing and Video to
targeted home buyers Instagram photos shared on the web and fan page promotion
SHORT TERM LISTING - You will not be asked to sign a long-term listing agreement I am so sure you will be happy
with my services and that your home will sell quickly we can agree to a short-term agreement (as short as 90-180
days) to get your home SOLD Also you can cancel at ANY time
CUSTOMER FEEDBACK by RealSatisfiedreg - Your complete satisfaction is my 1 Priority and we
strive to get better every day Every client is asked to complete a 3rd party independent post-sale
customer satisfaction survey by RealSatisfiedreg so they can tell us what they loved most and identify
any ways we can get even better
100 HAPPINESS GUARANTEE - You will LOVE our services and will want to tell your friends and family
However if you change your mind for ANY reason you can cancel your listing agreement anytime
If you are currently selling your home By Owner check out my Smart Seller Program Herersquos how it works
1 You continue to market your home to find a buyer by yourself ldquoBy Ownerrdquo
2 Plus you allow me to concurrently market your home to the 25K+ buyers online in print and on social media I will provide
you with a full fledge marketing program to sell your home for the highest price hellip BEFORE you do If I find the Buyer you pay
me the agreed Commission if you accept the offer on your home In addition the sales showings and closing process will be
all handled for youhellip from Listing to your homersquos Closing If YOU find the Buyer then you pay me NOTHING We withdraw
your MLS listing and you sell by Owner No Strings Attached No contractual obligation Check out SmartSellerOffercom
Download the complete Market Trends Report at NortheastOhioMarketReportcom
YOUR HOME MAY BE WORTH MORE NOW
CHECK OUT OUR NEW WEBSITE amp FACEBOOK PAGE
CONTACT INFO
PHONE (440)476-4959 EMAIL lisahumenikgmailcom WEB httplisahumenikcom
httpfacebookcomlisamariehumenik or FANPAGE httpFacebookcomAmazingNortheastOhioHomes
httplinkedincominlisahumenik New BLOG COMING SOON
GREATER CLEVELAND - 2016 YTD HOME SALES REPORT - SOUTHWEST SUBURBS
WONDERING WHAT YOUR HOME IS WORTH NOW
Market conditions have changed dramatically over the past few years
ndash especially in the Southwest Suburbs The GOOD NEWS ishellip most
likely your home may have gone up in value If you would like a
current professional estimate andor neighborhood value report please contact me at (440)476-4959 or lisahumenikremaxnet
Looking to Buy a Home Our REMAX home search
Website has recently been improved to allow even easier
navigation to find homes for sale You can subscribe for
daily updates of ldquoJUST LISTEDrdquo homes and get tons of
neighborhood data to assist you in your home search
Check it out at httpLisaHumenikcom or
AmazingNortheastOhioHomescom
AMAZING NORTHEAST OHIO HOMES
FACEBOOK PAGE
Also my Facebook Page features up-to-date news on the real
estate market in Greater Cleveland and the latest HOT new
home listings All the newest home listings are featured and
showcased to local home buyers
Check it out and ldquoLIKErdquo my page and check it out at
httpFacebookcomAmazingNortheastOhioHomes
Download the complete Market Trends Report at NortheastOhioMarketReportcom
YOUR HOME MAY BE WORTH MORE NOW
CHECK OUT OUR NEW WEBSITE amp FACEBOOK PAGE
CONTACT INFO
PHONE (440)476-4959 EMAIL lisahumenikgmailcom WEB httplisahumenikcom
httpfacebookcomlisamariehumenik or FANPAGE httpFacebookcomAmazingNortheastOhioHomes
httplinkedincominlisahumenik New BLOG COMING SOON
GREATER CLEVELAND - 2016 YTD HOME SALES REPORT - SOUTHWEST SUBURBS
WONDERING WHAT YOUR HOME IS WORTH NOW
Market conditions have changed dramatically over the past few years
ndash especially in the Southwest Suburbs The GOOD NEWS ishellip most
likely your home may have gone up in value If you would like a
current professional estimate andor neighborhood value report please contact me at (440)476-4959 or lisahumenikremaxnet
Looking to Buy a Home Our REMAX home search
Website has recently been improved to allow even easier
navigation to find homes for sale You can subscribe for
daily updates of ldquoJUST LISTEDrdquo homes and get tons of
neighborhood data to assist you in your home search
Check it out at httpLisaHumenikcom or
AmazingNortheastOhioHomescom
AMAZING NORTHEAST OHIO HOMES
FACEBOOK PAGE
Also my Facebook Page features up-to-date news on the real
estate market in Greater Cleveland and the latest HOT new
home listings All the newest home listings are featured and
showcased to local home buyers
Check it out and ldquoLIKErdquo my page and check it out at
httpFacebookcomAmazingNortheastOhioHomes