The last 24 months in Northeast Ohio Real Estate have encompassed major ups and downs. We have seen a return to earth on the seller side from the pandemic era interest rate, dealt with a massive industry-wide lawsuit that eliminated thousands of agents from the books, and dealt with a market that changes every few months to something different to what we have seen over the last few years.

In 2025, the market as a whole will see a 19% transaction loss from 2021, when the market was booming.

In 2026, we are seeing a trifecta of real estate start to manifest into consistent opportunities for buyers and sellers alike. While still low, inventory is rising and expected to continue to rise in the coming year. Demand is creeping up, and we have clearly seen this data for months as mortgage applications are up double digits again month over month in December. Lastly, interest rates are poised to sit in the low sixes next year, another reason for sellers to finally make a move and for buyers to achieve the affordability numbers they need to pull the trigger.

The bottom line is it will be a very busy year in 2026. I'm helping many sellers and buyers plan their timeline to achieve whatever goals they have planned for the coming months. The time to start making preliminary plans is now, and I would be glad to meet with anyone who has any type of goal they are considering accomplishing. Let me know if I can assist and I would be glad to lend any guidance I can.

-Pat

No Cost Real Estate Classes!

Who do you know who has considered a career in real estate?

For any business to get started, there are always barriers to entry. This is something unavoidable, and this unfortunately stops many would be fantastic business from ever getting started. The good news is, I have a solution for anyone considering a career as a licensed real estate agent.

Barmann Homes and Keller Williams Greater Metropolitan have teamed up to ELIMINATE the cost of a real estate licensing courses. This is a brand new opportunity I'm excited to share with you (please share with your friends and family).

This could be for a recent high school graduate not sure what the next step is, someone looking to make a pivot in their career, someone who invests in real estate and wants to represent themselves, someone looking for a second career later in life, or someone who is just interested in learning more about what real estate agents do and how the business works.

Who do you know who has always wanted to become a Realtor? Who would be great at the role, but may not be able to afford the classes? Who should I talk to? Have them contact me and I will help them get the ball rolling :).