Ohio’s Cleveland Real Estate is among the most affordable real property markets in the country, making it a bonanza for bargain hunters of owner occupied or investment homes.
According to Coldwell Banker’s 2010 annual home listing report,
The Cleveland Real Estate market ranks as the fourth most affordable market in the United States.
A house with four bedrooms and two baths in Cleveland, Ohio has an average real estate listing price of $87,240.
An identical house would list for $1.834 million in Newport Beach, California, the country’s most expensive housing market.
The Cleveland Real Estate significant foreclosure volume has kept neighborhood prices from increasing.
Some of the deals available are mind blowing. Real examples: turnkey, tenant occupied four bedroom rental property in Cleveland for $8k (yes, eight thousand dollars) or three bedroom bank owned ranch with finished basement in Parma Heights for 25k. There are deals available in virtually any area of greater Cleveland, from old to new homes. Contact any Cleveland real estate agent and you will find tons of bargain real estate listings. Or search on your own, as there are also numerous online tools and services to assist you in fiding homes, determining comparative market values, taxes and various other costs associated with being a Cleveland real estate property owner.
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So if you are in the market for affordable home values, check out the Cleveland Real Estate.