Tuesday, February 27, 2007

Connecting Cleveland Planning Commission Meetings: Ten Down Two to Go:

The Planning Commission has already been to ten Connecting Cleveland neighborhood meetings. That included one I attended tonight at the Urban Community School on Lorain Avenue. They did a presentation, and had plenty of time for Q & A from those of us in the audience. I'm going to do a broader post about the whole thing after going to at least one more neighborhood meeting. Maybe I will see you there? The next one is:

Thursday Night, March 1st at St. Philip and James Church on Bosworth 7:00 PM

and the last one is:

Saturday Morning, March 3rd at Gunning Recreation Center on Puritas Ave. 10:00 AM.

Seeing the presentation boards lined up around the room is reason enough to go; they outline transportation plans (an emerald bracelet bike path for example) mixed use development, too much to post here - just passing on mtg. information. Peace Out - 3C

Eminent Domain and Cleveland's Innerbelt Plan

Eminent Domain can be an issue for residents and business owners alike. Familiar with the term? Eminent Domain is when property is 'taken' by a government, usually at a fair market price to the owner of that property. Oh, and just because they are going to get a fair market price doesn't mean said property owner is pleased about the idea! Lakewood Ohio residents had to become familiar with this issue quickly when the City Mayor and Council liked a mixed use development plan proposed by a developer; they declared a swath of homes and businesses in Western Lakewood blighted so they could tear existing property down in order to make way for this development. I wrote about how this mobilized the Lakewood community. The plan did not move forward. But people in Lakewood have stayed mobilized! Lakewood City government peeps said it was for the public good, but it was an attempt to use eminent domain in a way that was non-traditional. It has been successful for example, when used to build schools or roads. Which brings me to the most recent use of it.

The Innerbelt Plan or redesign has been in the works, and now the beginning of the project seems to be starting. Business owners in the affected areas have been sent letters by The Ohio Department of Transportation (ODOT) stating their property is being 'taken' and they will be offered fair market value for them. Crain's Cleveland tells the story and interviews a few commercial property owners here. No matter what the public good, it's always a dicey issue, especially for the property owners involved.

Well, not always. I recall living in Rockville Maryland when a block of residents in that city's east side tried to get all the homeowners to assemble their properties so that block, already near transit and commercial development, could be rezoned commercial; allowing them to get a pretty price for their property. That did not work in this case, but it has worked in other areas. I am always intrigued at the number of times this issue reappears. In any event, ODOT (to get back to the latest story) did say that if a building/business owner could show why waiting until the timetable ODOT had established to purchase their property was going to provide undue hardship, it might be possible to buy the property sooner. The Innerbelt Plan itself can be followed here. Peace Out - 3C

2/28/07 - Oddly enough, there is a short blub about eminent domain on the NAR 'on line' magazine website today - good facts, recent court decisions, etc.

Sunday, February 25, 2007

Northeast Ohio Housing Market Trends in 2007

The computer listing service on the web those of us in the business utilize (NORMLS) gave us statistics on homes and condos sold in all of Northeast Ohio since 2007 began. This means Bratenahl, Medina, Avon Lake, Cleveland, Parma, the whole ball of wax. Here is some data:

  • Homes and Condos sold, on average, after three months on the market.
  • 5,474 new homes were listed for sale - up 67% from the number listed a month earlier
  • 692 condos were listed
  • 1,253 homes sold - 42% of the housing on the market sold
  • 165 condos sold - 27.4% of the condos on the market sold
  • 2007: Average Sale Price for single family homes in NE Ohio was $154,125 (same time frame in 2006: Average Sale Price was $160,699)
  • 2007: Average Sale Price for condos was $138,914. (same time frame in 2006: Average Sale Price was $155,190)

So yes, the average home and condo sale price is down from the beginning of 2006. Peace Out - 3C

Saturday, February 24, 2007

Cuyahoga County Condo Sales: Shaker Heights Condos Sold


Today was inspection day on a home sale in Shaker Heights. My clients are moving here from another State to accept jobs at Case Western Reserve and that alone makes me happy - it's great when people relocate to the Cleveland area. Anyway, the inspection took a few hours, as usual. The inspector does two things that are really important when you buy a home. 1. Look for any major issues and 2. help with his/her expertise on how to maintain your furnace and other mechanicals. My clients are first time home buyers so it's always good to learn how to keep things running well to keep from having repair costs in the future. ASHI (American Society of Home Inspectors) inspectors have a lot of knowledge under their belts - this inspector was no exception.

Anyway, tooling around Shaker is always fun, it's a gorgeous City. So I decided it's time to continue the condominium market trends discussion with results in Shaker Heights condominium sales for 2006 - comparing them to 2005 sales. Here is what I came up with: condo sales held steady both years. Here are the results:

2005: 65 condo sales and they were on the market an average of 97 days, or just over three months. Sales ranged from $117,144 for an efficiency condo to $699,167 for a 3 BR, 2 1/2 Bath condo on South Park Blvd. The average Ask Price was $121,926 and the Average Sale Price was $117,144.

2006 to Present: 66 condo sales from $19,900 to $596,900. Most of these condos were also on the market for just over three months (an average of 93 days) The Average Ask Price was $ $152,890 and the Average Sale Price was $145,328.

For both years, the average sale was for 2BR/2Bath condos with 1 car garages. I've talked with Realtors® from other states and they said their condominium sales were doing well - I'm inclined to agree with them as far as these Shaker Heights results are concerned. For information on current condominiums on the market, check out my website. (There are 82 condos available right now in Shaker). (Photo courtesy of Shaker City website. Peace Out - 3C

Cleveland Residency Laws Part Two

Got back onto Cleveland.com's forum as people discussed the residency laws. One 'thread' talks about people not living in Cleveland then not doing their jobs well (i.e., police). I find that one hard to believe, it's a tough job. Would someone really not do their best as a policeman because they don't live in the same community?

I thought the idea was to put City workers in the City so they could become involved in every aspect of their communites, a win-win situation for them and the rest of us residents. I don't really believe the residency law is about public safety workers not caring about us. Anyway, you can decide for yourself, and read all the other comments on the Forum.
Peace Out - 3C

Friday, February 23, 2007

Judge Rules Against Cleveland's Residency Laws

Crain's Cleveland website edition has an article written by Jay Miller regarding a Common Pleas Court decision today that supports Ohio Legislation blocking Cleveland's right to require people reside where they work. Another article from Cleveland.com

The Judge brings up the point that the City of Cleveland can still offer strong incentives for people to live in Cleveland and work in Cleveland. The City of Cleveland vows to continue the fight.

Personally, I think Cleveland already offers a lot of what I need to live here: walkable neighborhoods, affordable taxes, schools with a broad spectrum of classes and great teachers, and a beautiful housing stock with character, built in the days when pride in construction was the norm.
Peace Out - 3C

Wednesday, February 21, 2007

Give the City Your Feedback on Three Proposed Convention Center Sites For Downtown Cleveland


Spent some time studying the comparative analysis of three proposals for possible Convention Center sites in Cleveland. Rather than reinventing the wheel so to speak, go to the City of Cleveland Convention Center website pages outlining the three plans. In great detail I might add, including straightforward renderings & plans, and outlines of issues to be addressed in order to move forward.
The best part? You can email the Planning Department with your opinions. We all deserve to be a part of this process so let your voice be heard! I like the Mall West Block Site (rendering pictured here) because the location lends itself to a facility that large without taking up Lakefront/Public Square space that could be used for multiple purposes instead of one huge facility. For a map showing where the three 'Centers' want to be located, click here. What do you think?
They say there are no coincidences, so I am sending a vote of appreciation to Mayor Jackson's staff. The City website has become so much more informative since the Mayor took up residence at City Hall.
I would love to hear your comments on the three plans, what impresses you, what doesn't appeal to you. But most importantly, if you review it you can email your feedback to the Cleveland City Planning Department Allow your voice to be heard! Peace Out - 3C