Posts filed under 'Local information'

Cleveland Real Estate Market Ends 2014 On A High Note

The home values in Cleveland and its surrounding areas rose again in 2014, gaining about 3.5%, according to a recent report in real estate industry website Zillow. Although slightly less than 2013’s gain of 3.7%, the numbers show a positive increase for the second straight year, and, the first two-year positive growth for the Cleveland area since the recession hit the housing market a few years ago.

In another positive statistic, housing data website RealtyTrac estimated that Cleveland’s home sales price appreciation accelerated 16% in 2014, compared to 8% in 2013.

Experts are hopeful for continued growth in this area, as young adults (aka millennials) begin to enter the housing market in force for the first time, thanks to increased growth in job opportunities for the 18-34 demographic and first-time home buyer mortgage incentives.

The Wall Street Journal this month mentioned Cleveland by name when talking about midsize U.S. cities experiencing growth, especially in it downtown areas.

In describing why some cities are seeing strong urban growth, the Wall Street Journal said: “…the trend is spreading to midsize cities, such as Nashville and Cleveland, where a long-struggling downtown is beginning to draw residents seeking city life without the high cost they would face in New York or Boston. Developer Doug Price, for example, once focused on apartments in the suburbs. Now he is the biggest converter of downtown Cleveland office buildings to apartments.”

Wondering about your home’s value? Considering selling your home in 2015? Looking to purchase a great home at a great price? Contact us today, The Rock Group,440-895-1111 or colleen@colleenrock.com

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January 15th, 2015

Holiday Events in Cleveland, OH

Looking for some fun family events to enjoy this month in Cleveland? Here are some to consider…

Cleveland Botanical Garden’s “Glow”
For the third year in a row, “Glow” is back at the Cleveland Botanical Garden, which this year is both an indoor and outdoor adventure. As with the past two years, the indoor activities features breath-taking lights and decorations, giant gingerbread houses, live Christmas music and caroling, hot chocolate, holiday candies, specialty shopping, and much more. Newly added this year is an outdoor walking tour, with holiday artwork and the gardens lit up in festive lights. Kids can also hop aboard a train ride on the Garden Express. “Glow” runs through January 4th.

The Rink at Wade Oval in University Circle
The well-maintained outdoor ice rink is back at University Circle, decorated with holiday lights. Admission to The Rink at Wade Oval is only $2, and skate rental is just $3. Special events include live holiday music on the 17th and skating with Santa Claus on December 21st.

Nela Park Holiday Lights
The 90th annual Nela Park holiday lights display can now be seen through January 1st. Nela Park is the world headquarters for General Electric’s Lighting Division. A Cleveland tradition since 1924, GE sets up numerous displays with over half a million light bulbs along the 92 acre Noble Road estate (just southwest of Euclid Avenue in East Cleveland). The 100+ trees and vignettes are all illuminated with high-efficiency LED bulbs. Roll down your windows and listen to the holiday music as you drive by, too!

“Celebrations: Holiday Traditions in Cleveland” at the Western Reserve Historical Society
The WRHS has a nostalgic holiday event this year. Families can take rides on the famous Euclid Beach Carousel; see the 1950s/1960s mechanical Christmas figurines that were in the store window displays of Higbee’s Co.; winter vignettes in the upper Crawford museum; holiday lights and decor at each of the historic mansions; craft-making; authentic malts and much more. Additionally, Mr. Jingeling, the classic “Keeper of the Keys” from the Halle Bros. department store, will make appearances on December 20th and 21st.

Kringles’ Inventionasium at Tower City Center
Visit the Tower City Center in downtown Cleveland (230 W. Huron Road) and see Mr. Kringle and Company. Set up within the mall is Kringle’s Inventionasium, a twist on the traditional “mall Santa” set-up. Children are encouraged to play, use their imagination, and learn while having fun. There are guided tours of Mr. Kringle’s toy laboratory, a workshop where kids can create their own toy idea, a “Build-A-Bubble” department, a place to create snow, and more. Of course, there are also photo opportunities. In 2013, Time Magazine named the Mr. Kringle & Company experience one of the best Santas in the U.S.

Winter Waterland at the Greater Cleveland Aquarium
Not only has the Greater Cleveland Aquarium been transformed into a holiday festival of lights, but Santa has been transformed into “Scuba Claus.” Along with visiting Mr. Claus in the shark tank, King Neptune will be making appearances; the aquariums are full of holiday lights and decorations; there are special animal displays; crafts for kids; live music and more.

The Great Lakes Theater Festival’s “A Christmas Carol”
“A Christmas Carol” is back again this year at the Ohio Theater at Playhouse. The Great Lakes Theater Festival production of the classic Dickens Christmas story of redemption runs through December 23rd.

The Festival of Trees and “A Christmas Story” at the Cleveland Play House
The Cleveland Play House, now in its new home at the Allen Theatre Complex (1407 Euclid Avenue), has a pair of holiday treats. The first is the return of their Festival of Trees. This free exhibit features dozens of beautifully decorated trees to make the holidays brighter. The second is the CPH live stage production of the classic holiday movie “A Christmas Story” (running through December 21st).

“A Christmas Story” House & Museum
Speaking of “A Christmas Story,” the Cleveland house used for the classic Midwestern holiday film has been restored to its full movie splendor. Yes, the “leg lamp” is in the front window! The house is open for tours. Located right across the street from the house is the “A Christmas Story” Museum, which features original memorabilia from the film, as well as a collection of rare behind-the-scenes photos. Although the house and museum are open all year long, this is understandably its busiest month.

Thinking about buying Cleveland area real estate in the New Year? Need some home selling tips to give you an edge during the holidays? Talk with an expert who can guide you through the entire process! Contact Colleen Rock and The Rock Group, Cleveland’s real estate experts, at 440.895.1111.

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1 comment December 14th, 2014


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