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Updated over 2 years ago on . Most recent reply

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Bob Stevens
  • Real Estate Consultant
  • Cleveland
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Cleveland still on fire ?

Bob Stevens
  • Real Estate Consultant
  • Cleveland
Posted

So over the last 8 years the Cleveland markets have basically double, tripled or more, this is on top of the 20% net caps. It seems to be still very strong with limited inventory, especially in the MF properties. Does anyone else believe this will continue? 

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Raju Balakrishnan
  • Rental Property Investor
  • Santa Clara, CA
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Raju Balakrishnan
  • Rental Property Investor
  • Santa Clara, CA
Replied

Great to bring this up Bob. I do a detailed market analysis on Cleveland with some not so widely available data. 

Cleveland has appreciated, but for me appreciation is not the strength of the Cleveland market. Its more a of a stable and steady market so far. Appreciation is not anything to compare with say, California or several sunbelt states. 

Future is anyone to guess, but market basics  remains strong. 

  • Raju Balakrishnan
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