Northeast Ohio

Real Estate

May 9, 2025

Happy Friday!

Hope you're doing well and had a great week!


Thank you for checking out this email. If you have any questions, please don't hesitate to reach out. Enjoy the lovely weather.



-Pat

Home Appliances and Smart Tech:

  • Refrigerators
  • Ovens
  • Dishwashers
  • Washers and dryers
  • Smart home devices such as thermostats, doorbells, and security systems


Construction Materials

  • Quartz and granite countertops
  • Engineered hardwood flooring
  • Luxury vinyl tile
  • Cabinets and cabinet doors
  • Plumbing fixtures
  • Lighting fixtures
  • Construction materials made with steel and aluminum


Experts estimate that with each of these categories of products rising in cost by 5% to 25% or more, remodeling projects will skyrocket in price. The cost of a kitchen remodel can increase by $2,000–$5,000 or more due to these tariff-driven product hikes.


The bottom line is that tariffs aren't going to make anything less expensive in the short term. This will ultimately increase the cost of new construction and the real estate market as a whole.

MARKET NOTES

The Spring market is very hot in Northeast Ohio. My team and I are often showing multiple homes per day as we prepare almost 10 homes to come to market in the coming weeks. This is truly the busiest time in real estate and this year has thus far proved to taken this to a higher level. I'm thankful to work with so many fantastic clients!


On the buyer side, what's working for me is really getting a sense of what the seller and the listing agent are looking for. When I can learn the ultimate goal the seller is looking to achieve and their reasoning behind the potential sale, my buyer will have the ammunition to write the strongest possible offer. Winning buyers don't always have the highest number, and finding the driving factors is the key to winning today.


For sellers, open houses have been vital in creating urgency to get strong offers in a timely manner. I had two opens over the weekend with well over 30 guests. Not only was the home showcased in the best possible light, but buyers can see their competition and how many eyes really are looking at a home. This leads to quick offers and often above the asking price.


Are you thinking of selling or buying and have some questions? I would love to give you the information you need to make the best decision. Let me know!

LISTINGS OF THE WEEK


It's been a busy week at Barmann Homes! Within the last 6 days, I'm ecstatic that three of my clients have gone under contract. These transactions will all meet or exceed their real estate goals, and I'm so excited to move them to the closing table over the coming weeks.


2627 Courtland Blvd

Shaker Heights, OH 44118 $7


$750,000


Thrilled for my buyer who not only found the perfect home but it's the absolute ideal location near family. Sought after first floor master in Shaker Heights! This gem has been taken to the studs and reconfigured, opened up, turned around, and made so fabulously livable! Offering great architectural detail, hardwoods, and incredible light, this home offers almost $300,000 in upgrades, and enhancements and improvements


LISTING LINK HERE


L4750 Somerset Dr

Stow, OH 44224


$359,900


Very excited for my seller who accepted an offer over the asking price in less than 5 days on the market! Built in 2004, this beautifully maintained home offers a spacious and thoughtfully designed layout featuring 4 bedrooms and 2.5 bathrooms. From the moment you step inside, you’ll appreciate the open-concept main floor, where the kitchen seamlessly flows into a warm and inviting living room, complete with a cozy fireplace—perfect for gatherings or quiet evenings at home.



LISTING LINK HERE


3104 Falmouth Rd

Shaker Heights, OH 44122


$725,000


This is an absolute dream home for my buyers who were able to get this under contract for well under the asking price! This George H Burrows and Philo R Brooke designed gem in the prestigious Club Section of Shaker Heights is the epitome of charm and sophistication, with updates and features galore. Step inside to find a spacious and light-filled living room and formal dining room, perfect for both quiet evenings and entertaining. Rich hardwood floors, original architectural details, and a cozy fireplace create an atmosphere of warmth and elegance.




LISTING LINK HERE

Pat Barmann
216.990.5719