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Want to Buy a House...or Rent an Office?

Thursday, December 9, 2010 at 9:00 am
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The local residential real estate market is still pretty bleak. Housing prices have retreated to those of a decade ago and sales of existing homes in 15 Northeast Ohio communities were down more than twenty percent from last year. New homes were even worse. Meanwhile, twenty two percent of office space in the region sits vacant. Despite that, some experts are bullish. Why? The bottom, they say, has been reached. The real estate picture in northeast ohio Thursday morning at 9:00 on The Sound of Ideas.


Terry Coyne, executive vice president, Grubb & Ellis
Carol Woodard, chair, Cleveland Area Board of Realtors

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