Update-The McKeon Report September 2022

The McKeon Report

YOUR SOURCE FOR HOME BUYING, SELLING & LIVING IN CLEVELAND OH

The Next Move is Yours September 2022 l Autumn

A Minute with Eileen

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Eileen's Pick!

Coming Soon...

11610 Edgewater Drive

So rarely do homes come on the market in this always popular EDGEWATER neighborhood, no less a mid-Century modern, so it has to be our pick of the month! Coming soon after Labor Day. Check our website for updates!

See more homes...

The McKeon Group at Howard Hanna is one of Cleveland's favorite Realtor Groups, led by Mike and Eileen McKeon. Since 2001, the Group has advised and advocated for hundreds of Clients to "make a move" with confidence, strategic expertise, and exceptional attention to detail and service.

Eileen & Mike

Meredith, Britt, Monica, Ellie,

Alison & Julie

Meet the Group

SOCIAL SPOTLIGHT

MARKET UPDATE

Price per square foot has always been a much-utilized baseline data point to compare property values. This chart tracks price per foot over 15 years in Cuyahoga County single family homes.Economists are predicting a "leveling off" in pricing/ppf, not so much a decline. Stay tuned!

"It's a holiday, such a holiday..."

With mixed feelings we say goodbye to summer, pause, and relax together this weekend.

A Staycation!

EAT. PLAY. LOVE.

With friends, family or yourself.

Check out the endless ideas linked below left, from This Is Cleveland.

This is Cleveland Events Calendar

REAL ESTATE LINGO: DEFINE IT!

Contingency con·tin·gen·cy

/kənˈtinjənsē/

noun

1) In real estate, a contingency refers to a clause in a purchase agreement specifying an action or requirement that must be met for the contract to become legally binding.

2) Conditions to be met for a party to move forward on an agreement.

Examples: Buyer's Inspection Contingency, Buyer's Home Sale Contingency, Seller's Specific Purchase Contingency.

HOME MAINTENANCE TIP

Plant Bulbs

Whether you plan to sell your house next spring or not, now is the time to plan and plant your garden for the Spring. Tulips. Daffodils. Hyacinth. Crocus.

Nothing prettier after a icy winter than to see those pops of color pushing through the frozen ground come March.

Order online at:

Brecks

Holland Bulb Farms

Eden Brothers

FINANCING UPDATE

Marry the house.

Date the rate.

Most homeowners refinance either when the rate changes by 1% or more OR after 5+ years in their home. So if you need to move, or find a house you love, don't let the rate stop you from living where you want to live. We are still historically low at 5.5%-6% for a 30 year fixed.

As your trusted real estate advisor, we will monitor the drop in rates and remind when it's time to consider a refinance.

We are here in low or high rates, buyer or seller market. Contact Howard Hanna Mortgage Officer Jay Becker for your financing needs.

Email Jay Becker/HH Mortgage

IT'S ALL IN THE DETAILS

Before & After of Staging

It's not about removing all of the Seller's furnishings or spending thousands of dollars on rented furniture. It's more about enhancing the home's presentation, spotlighting its features and flow, showing it fresh, clean, and giving purpose to all the spaces.

Below, we neutralized the wall color, brought in colorful, modern chairs, a larger rug and art with better scale and focal points. WOW!

Fun Fact: Between 2020-2022, 63% of Buyers bought "sight unseen"!