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Cuyahoga Falls, OH Real Estate News

By Tony Morganti, CRS, ABR, SRES - Cuyahoga Falls, Stow
(RE/MAX Crossroads in Cuyahoga Falls and Stow, Ohio)
  Are YOU thinking of going it alone?  Before you do.......call me.  Let's talk about how I can help.
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By Tony Morganti, CRS, ABR, SRES - Cuyahoga Falls, Stow
(RE/MAX Crossroads in Cuyahoga Falls and Stow, Ohio)
There are some people that have not purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage - either yours or your landlord’s.As The Joint Center for Housing Studies at Harvard University explains: “Households must consume housing whether they own or rent. Not even accounting for more favorable tax treatment of owning, homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord plus a rate of return.   That’s yet another reason owning often does—as Americans intuit—end up making more financial sense than renting.” Christina Boyle, a Senior Vice President, Head of Single-Family Sales & Re...
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By Tony Morganti, CRS, ABR, SRES - Cuyahoga Falls, Stow
(RE/MAX Crossroads in Cuyahoga Falls and Stow, Ohio)
 Your dream home is now affordable.  With interest rates this low how can you afford to not buy?Remember..........if you are renting, you are only paying someone else's mortgage.  It's time to get one of your own and start building equity in your future.Need a referral to an awesome mortgage lender?  Call me, I know who can help you.
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By Tony Morganti, CRS, ABR, SRES - Cuyahoga Falls, Stow
(RE/MAX Crossroads in Cuyahoga Falls and Stow, Ohio)
Jus Sold at 611 Prior Park Drive in Cuyahoga Falls.Simply stated...gorgeous 1st floor living at its finest is what 611 Prior Park Dr. offers its new owners. We represented the buyers of this ranch home with a fabulous family room additions.Selling Price $157,900. When it's time to buy or sell your Cuyahoga Falls home call me.  I've been helping families like yours for over 35 years.
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By Tony Morganti, CRS, ABR, SRES - Cuyahoga Falls, Stow
(RE/MAX Crossroads in Cuyahoga Falls and Stow, Ohio)
This Regent Park colonial just closed and went under contract after just 4 days on the market. Four bedrooms including a first floor master suite, two story great room with floor to ceiling stone fireplace and new hardwood flooring!  Fully finished basement and a three car garage!  Located in the Regent Park sub-division of Cuyahoga Falls and within a 5 minute walk to Keyser Park. Sold for $278,000. When it's time to sell your Cuyahoga Falls home call me.  I've been selling Cuyahoga Falls homes for 40 years.
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By Tony Morganti, CRS, ABR, SRES - Cuyahoga Falls, Stow
(RE/MAX Crossroads in Cuyahoga Falls and Stow, Ohio)
Cuyahoga Falls Market Report for January 2015   Home Sales Statistics for Cuyahoga Falls for January 2015 for Single Family Homes are:   Closed Sales 26 Closed Sales in January of which 7  (27%) were distressed sales* Median list price was $84,900 Median sales price was $80,000 Median days on the market was 61 days Low sales price of $25,500 - High sales price of $234,000 *Distressed sales being either foreclosures that are now bank owned or short sales.   New Pending Sales   48 New 'Pending' Sales in January of which 17 (35%) were distressed sales Median list price was $97,000 Median days on the market was 75 days Low list price was $37,000 - High list price was $267,800   Active Listings 199 Active listings currently on the market Median list price is $114,900 Median days on the marke...
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By Tony Morganti, CRS, ABR, SRES - Cuyahoga Falls, Stow
(RE/MAX Crossroads in Cuyahoga Falls and Stow, Ohio)
2014 Year End Real Estate Market Update for Cuyahoga Falls   Home sales statistics for Cuyahoga Falls for 2014 for single family homes are:   577 Homes sold in 2014  or 48 per month Median list price was $109,900 Median sales price was $106,900 or 97.47% of list price Median Days on Market time was 51 days   Statistics for single family homes currently listed for sale:   209 Active listings for single family homes Median list price is $114,000 Median Days on the Market time is 93 days   At the 2014 sales rate of 48 single family home sales per month, there is currently a 4.3 month supply of single family homes available in Cuyahoga Falls. A real estate market is generally considered to be "balanced" when the supply of available listings is in the 5 to 6 month range.  Less than 5 is cons...
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By Tony Morganti, CRS, ABR, SRES - Cuyahoga Falls, Stow
(RE/MAX Crossroads in Cuyahoga Falls and Stow, Ohio)
Exciting News in Cuyahoga Falls as Portage Crossing Opens   This past weekend the two anchors of Cuyahoga Falls' new Portage Crossing opened.......Giant Eagle's first area Market District and Cinemark's 10 screen theater complex.  After what has been years in the making, this new, upscale shopping, dining and entertainment complex is sure to be a destination spot for people from all over Northeast Ohio.           In additon to the two anchors there's also the very first BurgerFi in the area.           Of course you'll also find Starbucks.....one inside Market District and one on the corner of Portage and State complete with a drive through window.  There's much more to come including LA Fitness, Aladdin's Eatery and Planet Subs just to name a few.      If you're in the area, stop by.  Y...
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By Tony Morganti, CRS, ABR, SRES - Cuyahoga Falls, Stow
(RE/MAX Crossroads in Cuyahoga Falls and Stow, Ohio)
  When its time to sell your Blossom Glen home call the agent who has specialized in selling Blossom Glen homes since 2002.       Whether you need to sell now or in the future, or if you are simply curious about the equity position you have in your home, or recent sales prices in the neighborhood......call me.  I live here.....I know the market her.  I can help.    
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By Tony Morganti, CRS, ABR, SRES - Cuyahoga Falls, Stow
(RE/MAX Crossroads in Cuyahoga Falls and Stow, Ohio)
Blossom Glen - Just Sold!  3395 Keyser Parkway closed today. Fussy buyer's lucky find on this 'Esquire' model with a first floor master bedroom suite, two story foyer, vaulted great room with a raised hearth stone fireplace, morning room, plus a full finished basement with a kitchenette and third full bath.  All this in beautiful Blossom Glen.   This home sold 2nd day on the market for full price at $269,900 with multiple offers. When you are ready to buy or sell your Blossom Glen home, call me.  I can help.    
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By Tony Morganti, CRS, ABR, SRES - Cuyahoga Falls, Stow
(RE/MAX Crossroads in Cuyahoga Falls and Stow, Ohio)
Just Sold in Cuyahoga Falls - 3431 W. Prescott Circle Wow! What a condo - this lucky buyer got a real beauty!  This two bedroom cape style condo has a huge family room with fireplace, updated kitchen, spectacularly updated main bath and a full finished basement with a half bath and wet bar.  Plus.....the family room opens to a full deck overlooking a wooded area with a stream.  Talk about having it all...and for just $132,000. When you're ready to buy or sell your Cuyahoga Falls condo, call me.  I can help.
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By Tony Morganti, CRS, ABR, SRES - Cuyahoga Falls, Stow
(RE/MAX Crossroads in Cuyahoga Falls and Stow, Ohio)
Cuyahoga Falls Real Estate Update New Sale at 1774 17th Street. Talk about great buys!  I represented the buyer of this brick colonial in a very desirable area of Cuyahoga Falls which just closed with a sales price of $76,000.  It was a bank owned property that will need a good amount of updating but when the work is done this home will once again be a gem.   When you are ready to buy or sell your Cuyahoga Falls home call me, I can help.  
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By Tony Morganti, CRS, ABR, SRES - Cuyahoga Falls, Stow
(RE/MAX Crossroads in Cuyahoga Falls and Stow, Ohio)
  Introducing Blossom Glen in Cuyahoga Falls, Ohio   Blossom Glen is one of the most desirable residential communities in Cuyahoga Falls located near the northern border of Cuyahoga Falls and close to the Cuyahoga Valley National Park. The 110 homes in Blossom Glen were built between 2001 and 2003.  These are all two story colonial style homes ranging in size from 2,400 square feet to over 5,500 square feet and ranging in price from mid upper $200's to mid $400's.   Some examples are below.     And one of my favorites.....   Blossom Glen is conveniently located just a short drive from downtown Akron and about 30 minutes to downtown Cleveland.  Our other neighbors include Blossom Music Center, summer home of the Cleveland Orchestra...     and also Sarah's Vineyard.     So whether you al...
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By Tony Morganti, CRS, ABR, SRES - Cuyahoga Falls, Stow
(RE/MAX Crossroads in Cuyahoga Falls and Stow, Ohio)
    WANTED! Photos old and new by Cuyahoga Falls Bicentennial Committee Commemorative Book Committee seeking submissions for tome to be published in spring 2013. The Cuyahoga Falls Bicentennial Commemorative Book Committee is turning to the public with a request for photos representing the city’s culture, traditions, milestones and history over the past 200 years. City resident Carol Morganti, chair of the seven-member book committee, is excited about the tome whose working title is Cuyahoga Falls Bicentennial 2012 – Celebrating Our Past, Our Present … and Our Future. The targeted publication date of spring 2013 means the hardcover, coffee-table-style book will have been a two-year work in progress. “We want to be sure to cover all the highlights from our entire Bicentennial year, which...
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By Tony Morganti, CRS, ABR, SRES - Cuyahoga Falls, Stow
(RE/MAX Crossroads in Cuyahoga Falls and Stow, Ohio)
Cuyahoga Falls Real Estate Market Update January 2012 The results are in for January, 2012: New Listings   -   45     Average Price  -  $152,300   -  Average Price Per Sq. Ft.  $86   New Contracts - 29     Average Price  -  $94,200     -  Average Price Per Sq. Ft.  $71  -  Avg Days on Market  - 144 New Closings   -  29     Average Price  -  $116,700  -  Average Price Per Sq. Ft.  $65   -  Avg Days on Market  - 121 Total Number of Active Listings Now in Cuyahoga Falls  -  219 That represents less than a 6 month supply of inventory based on sales statistics for 2011.  This is the most balanced market we have had in about 3 years!   There is now a shortage of good listings in Cuyahoga Falls. If you are thinking of selling, now is a great time.  Call me, I can help.
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By Tony Morganti, CRS, ABR, SRES - Cuyahoga Falls, Stow
(RE/MAX Crossroads in Cuyahoga Falls and Stow, Ohio)
Cuyahoga Falls Market Update For Condominiums in 2011 - here is a look at the condo market in 2011 compared to 2010. Cuyahoga Falls Condominiums:   2011 - 74 sold - average sale price $100,676 - average days on the market 208 days. 2010 - 56 sold - average sale price $107,340 - average days on the market 178 days. Both years the average sale price to list price was 95%.   While the number of sales in 2011 was up, so were the days on market while the average sales price was down.   Our condominium market here is always challenging and that can best be evidenced by the following data: Current Listings Available - 69 - that is close to a 12 month supply. Average days on the market for current condominium listings is 349 Days. Condominiums are selling, but it is imperative that they be pric...
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By Tony Morganti, CRS, ABR, SRES - Cuyahoga Falls, Stow
(RE/MAX Crossroads in Cuyahoga Falls and Stow, Ohio)
Cuyahoga Falls, Ohio Real Estate Market Update January 2012 Cuyahoga Falls sales of single family homes in 2011 was nearly the exact same as 2010!   450 Homes sold in 2011 vs. 459 homes sold in 2010.   Here is what's different though......... Average Sale Price in 2011 was $106,246 vs. $115,532 in 2010.  That's a decrease of 8% Average Sale Price per square foot in 2011 was $72 vs. $79 in 2010.  That's a decrease of 9% Average Days on Market in 2011 was 112 days vs. 94 days in 2010.  That's an increase of 20%! However, interestingly enough, the average sales price vs. list price in both years was 95%! What does this tell us?  The market activity for single family home sales in Cuyahoga Falls was very similar in each of the past two years, although homes sold for slightly less in 2011 an...
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By Tony Morganti, CRS, ABR, SRES - Cuyahoga Falls, Stow
(RE/MAX Crossroads in Cuyahoga Falls and Stow, Ohio)
Here are a couple of gems from our local car show.   All summer long we have a "Cruise In" on the Front Street Mall in beautiful downtown Cuyahoga Falls.  Each week's Cruise In has a different theme.  One of my recent favorites was the Studebaker show.  It is amazing today to look at these cars and remember that they once roamed our streets and highways.  Where they stylin' back then or what. Aren't they nice?
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