Cleveland Real Estate News

Real Estate News - cleveland.com

Swift home sales surprise sellers, real estate agents during traditionally slow winter months (Wed, 22 Feb 2012)
Warm weather, low interest rates and a lack of new inventory have been prompting bidding wars and speedy sales of homes in Northeast Ohio.
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States may tap mortgage money to fill budget gaps (Wed, 22 Feb 2012)
Although most of the money goes directly to homeowners affected by the mortgage crisis, the settlement announced this month by attorneys general in 49 states includes nearly $2.7 billion for state governments to spend as they wish.
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Past foreclosure means waiting years for new loan (Wed, 22 Feb 2012)
And if you got out from under an oppressive mortgage through a short sale -- when the bank agrees to accept less than what the homeowner owes -- lenders can look upon you just as unfavorably.
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Government seeks smaller role for Fannie, Freddie (Tue, 21 Feb 2012)
The Federal Housing Finance Agency's proposal for a leaner Fannie and Freddie was released Tuesday and would mean fewer mortgages are backed by the government. That could make buying a home more expensive because it would lead to higher interest rates.
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Grubb & Ellis Co. files bankruptcy; Cleveland office sees stability in new ownership by BGC Partners (Tue, 21 Feb 2012)
The Grubb & Ellis office in Cleveland employs 20 brokers and roughly 45 other professionals.
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State Industrial Products to move headquarters, 110 jobs out of Cleveland and into Mayfield Heights (Mon, 20 Feb 2012)
The family-owned company has been in Cleveland for 100 years.
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