Posted Monday, April 28, 2014
Good news for local home sellers: Prices are up. Bad news: Sales are down, slightly. Experts believe the market has reached a tipping point in Northeast Ohio and a a boom could be imminent. But if there is a boom, many with modest incomes won't be able to get in on it. We'll look at the real estate market and at alternate home-sales models, such as land trusts, meant to aid lower income buyers.
Economy, Housing/Real Estate
Marge Misak, Director of the Land Trust Program at the Neighborhood Housing Services of Greater Cleveland
Seth Task, realtor with Berkshire Hathaway Home Services and president of the Akron Cleveland Association of Realtors
Frank Ford, Chairman of the Vacant and Abandoned Properties Action Council
Dolores Watson, Land Trust homeowner
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