Monday, February 9, 2009

Live from University Heights

It's hard not to get trapped in your own little world. In this niche market, a starter home is in the $150-170,000 range, and has 3 bedrooms, 1.5 baths. Moving up will cost you in the $200-250,000 range, and then there's going way up, which you can definitely do in Beachwood. Today though, I was contacted by an investor who is looking at places that cost $1500. Yes, you read that number right. As long as you're willing to live in East Cleveland, you can buy a house for not much more than a cash advance on your credit card. At 1621 Pontiac, you can get your feet wet in the real estate marke-- you're near a hospital (Huron Hospital), you're near a park (Forrest Hills), you're steps from the train tracks, and oddly enough, you're really only a mile or so from the tony suburb of Bratenahl. Wierd.

2 comments:

  1. Nice blog.

    In detroit you can buy a house for a dollar.

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  2. $1500? we can afford that! If you come up with a house for $1500 in walking distance of a shul will you let us know please? :)

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