Explore Beachwood, OH

By Mark L. Ostrovsky, Howard Hanna Real Estate Services
(Howard Hanna Real Estate Services)
Comments 2
This just in from the National Association of Realtors (NAR) ... existing U.S. home & condominium sales increased 13.9-percent in the fourth quarter of 2009. More than 30-states actually saw sales increases in the double-digits! Even though distressed property sales accounted for more than 30-per...

By Mark L. Ostrovsky, Howard Hanna Real Estate Services
(Howard Hanna Real Estate Services)
Comments 0
Education is a huge priority in Beachwood and the High School could use a facelift. On this basis the Beachwood Board of Education passed a resolution for voters this May to approve a $2.5-Million bond issue. If approved the High School would receive a sort of combination renovation/new construct...

By Mark L. Ostrovsky, Howard Hanna Real Estate Services
(Howard Hanna Real Estate Services)
Comments 64
"I'm listing my house with the agent who comes in with the highest asking price on my property."   "Tis an old maxim in the schools That flattery's the food of fools Yet now and then your men of wit Will condescend to take a bit."   The great writer Jonathan Swift understood that flattery is powe...

By Mark L. Ostrovsky, Howard Hanna Real Estate Services
(Howard Hanna Real Estate Services)
Comments 1
Yes, the market is stabilizing to a certain degree but experts like former HUD Secretary Henry Cisneros claim that recovery is tenuous AT BEST and that stimulus programs like the first-time homebuyer tax credit absolutely "must" continue if we are to avoid a so-called "double-dip" recession. Foll...

By Mark L. Ostrovsky, Howard Hanna Real Estate Services
(Howard Hanna Real Estate Services)
Comments 1
If you're looking for some family-friendly activities and would like a great $5.00 breakfast on Valentine's Day then look no further. The City of Beachwood will host its annual Winterfest & Pancake Breakfast on February 14th at the Beachwood High School at 25100 Fairmount Blvd. Admission includes...

By Mark L. Ostrovsky, Howard Hanna Real Estate Services
(Howard Hanna Real Estate Services)
Comments 1
Don't hold your breath if you're waiting for the real estate market to return to what it was like before the downturn. The author of a new study called "Housing in America" claims that we can look forward instead to what he calls a "new normal." John McIlwain, the Urban Land Institute's resident ...

By Mark L. Ostrovsky, Howard Hanna Real Estate Services
(Howard Hanna Real Estate Services)
Comments 3
"I expect my agent to hold an open house every weekend until my house sells." When your property is first listed on the M.L.S. your real estate agent should hold a broker's open house because this is a terrific opportunity for your property to be exposed to the local real estate community. Here e...

By Mark L. Ostrovsky, Howard Hanna Real Estate Services
(Howard Hanna Real Estate Services)
Comments 11
"My house isn't selling because my agent isn't spending enough on advertising." Every seller likes to see their house featured in an expensive newspaper ad. Sure an ad can attract a buyer but ads more often merely serve as publicity or personal marketing for agents and their companies. Buyers are...

By Mark L. Ostrovsky, Howard Hanna Real Estate Services
(Howard Hanna Real Estate Services)
Comments 6
"I expect my agent to find a buyer for my house. I'm comfortable having my agent on both sides of the deal." Does it make sense that your agent can negotiate the best price for you ... and also negotiate the best deal for the buyer of your home? If you were in a lawsuit would you feel comfortable...

By Mark L. Ostrovsky, Howard Hanna Real Estate Services
(Howard Hanna Real Estate Services)
Comments 2
"I'm going to price my property higher than what I expect to get because it's smart to leave room for negotiation." On a good day savvy sellers relied on their real estate agent's Comparative Market Analysis to price their house. With the expectation that prospective buyers will negotiate on pric...

By Mark L. Ostrovsky, Howard Hanna Real Estate Services
(Howard Hanna Real Estate Services)
Comments 6
The National Association of Realtors reports that existing home sales plunged 16.7-percent in December, 2009. This adjustment comes as little surprise since, prior to the extension of the Tax Credit, it was expected that November would be the last month in which buyers could qualify for a federal...

By Mark L. Ostrovsky, Howard Hanna Real Estate Services
(Howard Hanna Real Estate Services)
Comments 0
Cuyahoga County Real estate or property taxes are paid twice a year, though you have the option of making one payment or paying in monthly installments. Unlike many jurisdictions across the U.S., the taxes in Cuyahoga County vary from one suburb to the next. Property taxes are the primary source ...

By Mark L. Ostrovsky, Howard Hanna Real Estate Services
(Howard Hanna Real Estate Services)
Comments 0
"My house sold too quickly because my agent convinced me to under-price it so they could make a quick sale." How long do you think an agent would stay in business if they made it a practice of under-pricing homes? Alienating clients is not a good business model when you consider that successful a...

By Mark L. Ostrovsky, Howard Hanna Real Estate Services
(Howard Hanna Real Estate Services)
Comments 2
LOW CREDIT SCORE? HIGHER FHA DOWNPAYMENT! The Federal Housing Administration has announced that it is raising its minimum down payment for buyers with lower credit ratings. Those with a credit score below 580 can now expect to put down at least 10-percent. Those whose credit score is above 580 ca...

By Mark L. Ostrovsky, Howard Hanna Real Estate Services
(Howard Hanna Real Estate Services)
Comments 2
THE DOWNSIDE OF A HOME LOAN MODIFICATION With hundreds of thousands of upside-down homeowners suffering from the housing market meltdown,  more and more of us are looking to loan modifications as the answer.   If you're lucky enough to even get a decent loan modification your credit score will am...

By Mark L. Ostrovsky, Howard Hanna Real Estate Services
(Howard Hanna Real Estate Services)
Comments 4
Today the Association of Foreign Investors reported the results of its most recent survey that the United States is still the best place in the entire world to invest in real estate! 51% of those surveyed claim that U.S. real estate presents the greatest opportunity for capital appreciation, whic...

By Mark L. Ostrovsky, Howard Hanna Real Estate Services
(Howard Hanna Real Estate Services)
Comments 1
It's hard to believe that some 42 years have passed since Martin Luther King, Jr. was murdered by an assassin's bullet. Today the Maltz Museum of Jewish History here in Beachwood, Ohio paid tribute to Dr. King with guided tours of An American Story, the theme of which was "Stop the hate, the stru...

By Mark L. Ostrovsky, Howard Hanna Real Estate Services
(Howard Hanna Real Estate Services)
Comments 0
Mortgage foreclosures rose 20-percent over 2009 and according to RealtyTrac the crisis is far from over.   The culprits thus far of course have been over-valued housing and poor lending practices and now unemployment is taking its toll. The next wave of foreclosures will likely be the result of O...

By Mark L. Ostrovsky, Howard Hanna Real Estate Services
(Howard Hanna Real Estate Services)
Comments 5
SHUT-UP, CLEAN-UP & GET LOST! Apologies if this sounds harsh but Sellers please consider the following: You may have a terrific personality so it perhaps comes as a surprise that the last person a prospective buyer wants to run into at your house is you! This holds true whether it's an open house...

By Mark L. Ostrovsky, Howard Hanna Real Estate Services
(Howard Hanna Real Estate Services)
Comments 2
If you believe that your Cuyahoga County property taxes are too high and you think that you can make a good case for a property tax tax reduction based on some real solid evidence, you have until March 31, 2010 to file a complaint with the Cuyahoga County Board of Revision. You can complete the C...

Beachwood, OH Real Estate Professionals