Stay ahead of the competition in the summer real estate marketMichelle McQuade | August 14, 2019
Although residential real estate trends change frequently, one thing that has remained constant in the past several years is the strong demand of communities in the Chagrin Valley.
The focal point is of course, Chagrin Falls, which was recently named the most livable city in Ohio. The charming Cleveland east side suburb is home to some of the best parks, restaurants, and amenities in the area, providing an unmatched quality of life for residents.
As a whole, communities in the valley have benefitted from the top-rated schools in the area, which has always been a large factor that has translated to strong buying and selling interest over the years. Many new residents are also attracted to the small town environment fused seamlessly with a contemporary look, which has always given the Chagrin Valley communities tons of appeal.
Enticing new residents
A lot of new construction has recently emerged, especially in the village of Bainbridge. These new projects tap into the needs of empty nesters, and other communities are starting to follow suit, which further bolsters the strength of the market.
The long-lasting appeal and stellar performance of the market has always been something that’s unique to the valley. Most newcomers from out of town for example, are attracted to the Cleveland Heights area, but as soon as they visit Chagrin Falls, new options start to open up for them.
Tips for buyers
If you’re planning to relocate to Chagrin Falls, Cleveland Heights, Shaker Heights, Bainbridge, Moreland Hills, or other nearby communities this summer, what’s your best path to success in this hot market?
Here are some tips to keep in mind:
- Get pre-qualified – Getting pre-qualified is the first part of the mortgage process. Simply provide a lender with basic financial information including your income, debts, and assets, and the lender will evaluate your credit and give you an estimate of how much money you’ll be able to borrow.
- Scout the different communities – Visit potential neighborhoods you’d like to live in and take a close look at important factors such as school districts, commuting times, and distance to your most-visited locations.
- Work closely with your agent – Your agent will provide more listings that match your requirements. Experienced agents are also well-connected in the local market, so they could provide new listings before they’re even placed in the market. Having a reliable and trustworthy agent is your biggest advantage in a market where inventory is low and homes are being sold fast.
- Make competitive offers – There’s no room for low ball offers, and you likely won’t have time to wait for your current home to sell. If you see a home you really like, place your best offer and get rid of any contingencies that could make a seller overlook your offer.
Ready to start your search for the perfect home in Chagrin Falls and other desirable communities? Start your search by taking a look at our featured listings! Find some of the best homes for sale in Cleveland, Ohio by working with the top Cleveland Realtor! Call Michelle McQuade, Cleveland Real Estate Expert, at 440.823.2448.