Activities Group News: Community Engagement | Housing | Downtown Lakewood | Safety

Downtown Lakewood News


Wednesday, February 17, 2010


News Release: Lakewood Open House


LAKEWOOD OPEN HOUSE
Event to feature homes for sale within walking distance of Downtown Lakewood

February 17, 2010 - On Saturday, March 13, LakewoodAlive will join with the real estate community to showcase homes for sale within walking distance of Lakewood’s revitalized downtown district. Residences for sale within a half-mile of downtown will be open for viewing from 1pm-5pm. Participating properties will be posted on the event website www.lakewoodopen.com.

In the past four years, more than $50 million has been invested in downtown Lakewood, a Main Street™ community. The district is home to a nationally recognized library, four banks, a 24-hour post office, unique shops, four pharmacies, two grocery stores, six full service restaurants, over a dozen “quick-food” options and a plethora of other services. Also located in the district is Lakewood Hospital-a Cleveland Clinic Hospital and the corporate headquarters of First Federal of Lakewood.

Lakewood was recently named by Business Week magazine as “Ohio’s Best Place to Raise Your Kids.” This recognition was based largely on Lakewood’s affordability and numerous community assets, including the “Excellent” rated school district, the expansive city park system and easy access to regional attractions. Additionally, in 2008, This Old House magazine named Lakewood as one of the “Best Places in the Midwest to Buy an Old House.”

“We are finding that more and more people are attracted to Lakewood’s affordable, active and sustainable quality of life with easy access to retail, educational and recreational amenities,” said Paula Reed, Realtor®, LakewoodAlive volunteer and co-founder of Live Well Lakewood.

“Lakewood Open House aims to attract first-time home buyers who want to take advantage of the $8000 federal tax credit available to buyers who sign contracts by April 30. Eligible first-time home buyers may also qualify for a forgivable mortgage down payment loan from the City of Lakewood,” according to Mary Anne Crampton, executive director of LakewoodAlive, the city’s nonprofit economic development organization.

Lakewood Open House is presented with the help of the real estate brokerage community, First Federal of Lakewood, Cleveland Home Title, Lakewood Hospital and the City of Lakewood. Representatives from these organizations as well as Lakewood Schools and Lakewood Catholic Academy will be available to meet with prospective buyers at the downtown Lakewood Panera located at 14701 Detroit Ave. during LakewoodOpen.

LakewoodAlive is a 501(c)(3) nonprofit economic development organization in the first-ring suburb of Lakewood, Ohio. Downtown Lakewood is the National Main Street™ program of LakewoodAlive dedicated to the revitalization of Lakewood’s historic downtown district.

EVENT CONTACT:
Shannon Strachan
LakewoodAlive
216-521-0655 or 216-570-2524
sstrachan@lakewoodalive.com

REALTOR CONTACTS:
Eric Lowrey erlowrey@gmail.com
Brian Salem brian@thesalemteam.com



###

Share |


3 Comments:


Anyone know how this went?
Did any homes sell that day?


Next Lakewood Open will be September 18. Please let LakewoodAlive know what you think about this event!


The committee debriefed the Open event on Friday afternoon, March 19. Feedback from the Realtor community was resoundingly positive. Most homes saw good traffic - and from potential buyers, not tourists. They were also delighted with an early kick-off to the spring buying season. We did not expect to sign contracts on homes that day. The purchasing process for can be lengthy especially for first time home buyers who were the focus of the the event. The Realtors on the committee agreed to try to check the status of properties in a month to see what contracts have been written.

The committee has selected Saturday, September 18th as the date for the next Lakewood Open House.


POST A COMMENT

Downtown Lakewood News Archive

© Copyright 2008, LakewoodAlive | Web Design by PromoRock