-

The following is specific to one area of Greater Cleveland Real Estate, The City of Aurora.  If you are a home buyer or home seller, and especially if relocation to Cleveland is the reason for your move, this detail is extremely important to you.  Please do not make financial decisions without knowing the facts about your community.  If you are buying or selling a home, we do a comprehensive analysis of your community/neighborhood.

44202     Aurora      44202

INVENTORY REPORT FOR January 5, 2010

Price Range                  Active&Contingent     Pending& Sold        Current Inventory

$150,000 – $300,000                 110                             57                           12 months

$300,001 – $500,000                 49                           29                           10 months

$500,001 +                                31                             3                           62   months

….TOTALS……..                         190                           89

Total Homes for Sale                  190

Average Sales/Month                  14.8

Months of Inventory                   13

Real estate sales in the Aurora market have improved dramatically since our report 3 months ago:  

In the $150-300,000 range, the inventory levels fell from 19 months to 12 months.  

In the $300-500,000 range, the inventory levels fell from 15 months to 10 months.

However, Aurora real estate priced above $500,000 continued to suffer.  Inventory levels increased slightly from 58 to 62 months inventory.

If you are looking to purchase a home in the near future, please give us a call.  We are able to show all properties listed by nearly all real estate brokers and most for sale by owner homes. 

For families and individuals involved in a relocation transfer, you’re timing is excellent.  Greater Cleveland Real Estate is one of the most affordable in the country.

The FindingClevelandHomes.com website contains information on mortgage rates, lenders, and local community groups.  Our services are designed for Executive Relocation & Luxury Home Market and are provided to all of our clients.

 Jim & Joan Norbuta, Realtor®                                                                                                                                                                                                            Accredited Buyers Representative (ABR)
RE/MAX TRADITIONS
RE/MAX RELOCATION
OUR PEOPLE MAKE A DIFFERENCE ONE MOVE AT A TIME ®

Serving the communites of Aurora, Auburn, Bainbridge Township, Chagrin Falls, Solon, Twinsburg, and all of the Chagrin Valley.  Call us for referrals to outstanding RE/MAX agents in other communities.

-
We need your help. Can you share a copy of a relocation program(s) that offers a loss of equity provision in their Corporate Relocation package?

Our client has been offered a position out of state, and we will be selling his Chagrin Falls Ohio real estate. The luxury home market in the new location is 30-40% higher than the average for Cleveland Ohio real estate listings. Our clients have excellent jobs, and are definitely being pursued. They are in a strong negotiating position, and we are assisting in every way that we can.

Since our clients were home buyers 5 years ago, we are facing what most Cleveland Ohio Realtors®, possibly all Realtors®, are facing: Helping Home Sellers handle their Loss of Equity.

Please contact us if you are in a position to share a Relocation Program that contains a favorable Loss of Equity provision for the new employee. Thanks for your assistance.

——————————————————————————————————-

For families and individuals involved in a relocation home purchase, you’re timing is still very good. Homes in Cleveland Ohio are among the most affordable of the major metropolitan areas in the USA.

Our website contains information on mortgage rates, lenders,and local community groups. Our services are designed for Executive Relocation & the Luxury Home Market and are provided to all of our clients.

There are many excellent Cleveland Realtors®. Thank you for your consideration of our services.

Jim & Joan Norbuta
Realtor®, ABR (Accredited Buyers Representative)
RE/MAX TRADITIONS
RE/MAX RELOCATION
OUR PEOPLE MAKE A DIFFERENCE ONE MOVE AT A TIME®