Home sales in Cuyahoga County are at their lowest level in years. The continued shortage of housing supply continues to create upward pressure on prices despite the high mortgage interest rates. In this article, I provide some recent housing data to reflect what's happening in the greater Cleveland area.
If county-wide home trends are appreciating at 6% per year, does that mean that your home is? Maybe, but probably not. It's important to get a little context.