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Updated about 6 years ago on . Most recent reply

Account Closed
  • Lakewood, OH
1
Votes |
3
Posts

Lakewood, Ohio house hack

Account Closed
  • Lakewood, OH
Posted

Hello everyone!

New member here and I'm looking to hopefully buy my first double/ duplex in Lakewood, Ohio within the year to do a house hack and I'd like any input on if it makes sense to wait out the "sellers market" we've got going on right now to avoid high listing prices. Or if it doesn't matter that much since Lakewood will continue to be desirable.

Thank you in advance,

Ross Reinema

Most Popular Reply

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255
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Jad Boudiab
  • Real Estate Broker
  • Cleveland, OH
248
Votes |
255
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Jad Boudiab
  • Real Estate Broker
  • Cleveland, OH
Replied
Originally posted by @Account Closed:

Hello everyone!

New member here and I'm looking to hopefully buy my first double/ duplex in Lakewood, Ohio within the year to do a house hack and I'd like any input on if it makes sense to wait out the "sellers market" we've got going on right now to avoid high listing prices. Or if it doesn't matter that much since Lakewood will continue to be desirable.

Thank you in advance,

Ross Reinema

 Don't wait to buy real estate, buy real estate and wait.

Lakewood is in the top 10 suburbs nationwide on multiple polls, I don't see it going down anytime soon. Walk-ability, housing stock architecture, very dense and popular, foodie culture, close to downtown, and more.

Only word of caution is, with the high price points comes somewhat high taxes, try to stay under $160,000.

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