Blog with news about the Cleveland OH high-rise condominium and loft market.
There are currently 76 blog entries related to this category.
Wednesday, May 22nd, 2013 at 10:31pm. 0 Comments.
A new study by the European Journal of Epidemiology shows that residents who live above the 8th floor are 22% less likely to die early. The research shows that two major illnesses, lung disease and heart disease are lowered once people live above the eighth floor.
The only rate of death that increased as the floor number increased is, of course, suicide. Those living on the first floor were 60% less likely to committ suicide by jumping. We're a little surprised that it's only 60%...
So start living a healthier life and Search for a High-Rise Condo now!
Thursday, May 2nd, 2013 at 11:22pm. 0 Comments.
Are the bidding wars back? You bet they are. We asked four of our Highrises.com partners about the trends in real estate.
Ian Bell from Seattle said a property listed on a Thursday for $780k, and by Monday there were 10 offers, come even offering to waive inspections! The property ultimately sold for $930k to a cash buyer. This prompted Ian to wonder, “How do regular folks compete?”
Danielle Contreras, our Highrises.com partner from San Jose, CA is seeing a similar trend in her real estate market. A property recently listed for $668k and quickly received 11 offers. The price of the house jumped to well over $700k with one buyer even agreeing to waive all contingencies.
Danielle said she has experienced so many stories just like…
Wednesday, April 3rd, 2013 at 4:26pm. 0 Comments.
Worth Magazine has looked at all the luxury high-rise condo buildings throughout the world and compiled what they think are the ten best. They're pretty vague about the criteria they used, only saying that these are "Then of the world's coolest places to live". We would add a few to the list if we could, like Sierra Towers in LA or Museum Tower in Dallas.
1. One57 in NYC. 90 floors but only 92 units!
2. One Hyde Park in London.
3. Opus in Hong Kong. A Frank Gehry production. 12 units, 12 floors.
4. Absolute Towers in Toronto. The first tower sold out faster than most concerts... they were gone in 24 hours.
5. HSB Turning Torso in Copenhagen. Pictured to the right. Powered entirely by locally produced renewable…
Wednesday, March 27th, 2013 at 10:11pm. 0 Comments.
We have great news we have to share! The Happiest Job in America in 2013 is Real Estate.
Forbes just listed the top 10 happiest (and respectively happiest) jobs in America. The #1 happiest job was a real estate agent. Careerbliss surveyed 65,000 people to come to this blissful conclusion. The logic behind this is real estate agents are rewarded for their success. They can have a flexible schedule and increase their income with hard work. The careers with less rewards and more office politics scored the lowest on the happy rating including associate attorney, customer service associate and sadly RN’s and teachers.
The Bureau of Labor Statistics expects an 11% increase in real estate jobs from 2010-2020. The majority (57%) of real estate agents…
Tuesday, March 19th, 2013 at 7:36pm. 0 Comments.
The Feburary 2013 report from the US Census revealed some interesting news for multi family units. New Privately-Owned Housing Units Authorized in Permit-Issuing Places increased 54.9% from Feburary 2012 to Feburary 2013.
In February 2013, 285,000 buildings with five or more units began construction for units in buildings with five units or more, up from 240,000 in February 2012. As the economy recovers, we expect more completed projects as many we on hold or canceled from 2008-2012.
View some recent developments in Highrises.com's New Buildings Blog.
Tuesday, February 22nd, 2011 at 7:11pm. 0 Comments.
I have long been a fan of Pinnacle condos in Downtown Cleveland. If you haven’t had the pleasure of walking the lobby or gazing out of one of the Pent House units into the great wide open, it is something I strongly recommend. This building represents North East Ohio’s premier condominium, hand down. The views, the quality in construction, the location and amenities make it hard for other condos to compete.
The new construction phase is more or less gone, all but a few pent houses over $1million have been sold and often resold and the association is in the hands of the owners .
Even though these condos seem to be in a class all their own, they have not been immune to the market and for the first time, some very attractive units are being…
Tuesday, February 22nd, 2011 at 6:03pm. 0 Comments.
Ohio City is arguably Cleveland’s trendiest and most established areas for entertainment, dining and shopping. It seems as though every time you turn around there is another restaurant, boutique or brewery opening up. The latest addition is Market Garden, a 3,000 square foot cobblestoned American beer garden across from sister brewery Bier Market.
This area is already a huge destination for shopping mainly due to the West Side Market’s appeal as well as Dave’s Super Market for local residents weekly groceries. Market Square is home to Great Lakes Brewery, Flying Fig and ABC Tavern to name a few.
It is no surprise that a trendy and upscale entertainment district such as this would feature one of Cleveland’s top Luxury Condo Developments.…
Friday, October 29th, 2010 at 7:26pm. 0 Comments.
This is news! most new construction condos in Cleveland have been a bit in denial over the market and kept prices relatively the same throughout the overall decline. The developers at Stonebridge Plaza on the West Bank of the Flats have recently made MAJOR price reductions up to $100,000 off, in an effort to be viewed as more of a bargain and to get some would be buyers off the fence. I think it is a great move and puts them in a very competitive place. You should see other developers follow suit if they know whats good for them.
Monday, October 11th, 2010 at 5:49pm. 0 Comments.
Just Launched, Cleveland's source for everything Downtown Cleveland.
Monday, September 13th, 2010 at 6:39pm. 0 Comments.
I was sitting in one of the upper floors of the Terminal Tower the other day discussing "Cleveland's Image," with some people who's job it is to decide how that image is and will be portrayed in the coming year.
How do we sell this city? This question has come up over in Cleveland by its leadership. When I am consulted on this topic I keep telling people the same thing but I am still waiting for someone to listen. You can't sell someone on investing in real estate in a particular area or market with some gimmicky add campaign. Buying a home is not like buying a candy bar or a time share.
Unlike those other things, you simply can't sell a home buyer, you can only share information about a property and take them to it. If the house is not right…