The question is now not when or if the housing market will
recover, because this nation still has net annual household growth
of approximately 1.5 Million each year, but what form will this
recovery take?
The household growth stimulating demand, coupled with the
tightening of new construction supply will eventually lead to a
backlog of demand. Once price adjusts, and demand is back ahead of
supply, houses will need to be built. A key piece to this swing
towards increased demand is the uncertainty...
A Crash Course on the Cuyahoga County Land Bank & What it Could Mean for Northeast Ohio
In 2008, Ohio set a new record with
85,782 new foreclosure filings, according to the annual
study issued by Policy Matters Ohio, with Cuyahoga County
leading the way. In an attempt to prevent this from devaluing
our region, the Cuyahoga County Land Bank Reutilization Corporation
(CCLRC) was formed.
What exactly is the CCLRC? Here’s a crash course in the
organization and its purpose:
“CCLRC, known informally as the Cuyahoga County Land Bank, was formed to help return vacant and abandoned...
Read More >>Skoda Minotti Real Estate and Construction Group Delivers on the Airwaves
As a part of our continuing effort to connect our real estate world to you, our Real Estate and Construction Group will be teaming up with a local real estate lender, Trustar Funding’s Brian Stark, on the next episode of Stark Group Live – Talking Real Estate. The weekly show airs at 7:00 PM every Thursday on 1490AM in Cleveland.
On Thursday, May 21st, Skoda Minotti’s Paul Etzler and Adam Kahn will be discussing the real estate climate, Federal Stimulus dollars, other public funding...
Read More >>Let the Buyer Beware – Chinese Drywall Issues
Contractors need to be aware of recent problems associated with drywall exported from China. This drywall has been in the country for several years, but the defects have only recently been discovered. The defects latent in the drywall are the corrosive properties of a few of its key components that were purportedly interchanged with waste-product (flyash) from coal-fired power plants.
According to this article from the Tampa Bay Tribune, “a preliminary assessment of 12 homes in South Florida...
Read More >>

