Cleveland House Contractors and Homes for Rent; Your Home Mechanics and Property Managers
  • Welcome to the Reilly Painting and Contracting Blog

    Welcome to Reilly Painting and Contracting, "The Home Mechanics," and Reilly Properties. We are your Cleveland home contractors who specialize in major home design projects and remodels, and minor home repairs. We also provide house rentals throughout Cleveland, Ohio.

  • Socialize

    Find us on Facebook.

    Watch us on YouTube.

    Follow us on Twitter.

    See us on Pinterest.

    Subscribe to our RSS feed.

  • Points of Interest

  • Topics

  • Testimonial

    "My thanks to Chris and Damon for their nice work on my house. They worked hard, got things done in the time they had predicted, and were polite and professional. Their work was very good- the living room ceiling looks fabulous, as there was quite a bit of water damage before. I am very pleased with the results, exactly what I wanted. Thanks so much."

    Elizabeth T.
    Cleveland Heights

  • Buying Your First Home? What You Need To Know

    Buying a home

     

    Buying your first home is a nerve-wracking, surreal and monumental achievement for anybody, especially in today's housing market. Megan Mcardle of The Atlantic discusses what it's like to go through buying your first home in her article "The Two-Tier Housing Market."

    So since we became homeowners, I've become more interested in HGTV.  Not obsessively so, but I have more interested in watching programs about renovations and such.

    One of the shows I've watched is called "Property Virgins".  The plot is about like it sounds: first time homebuyers try to find a place.
    What's interesting is how many of the homeowners have trouble getting their offers accepted.  The shows filmed post-crash, and while it's by no means universal, a number of the couples on the show put in an offer only to lose the house . . . and a substantial minority put in offer after offer, only to lose again and again.  And what's really interesting is that this happens in places like Florida and California, where you would think it would be easy to find a house.
    I wonder if they aren't experiencing something like I described when we were hunting for a house.  In the neighborhoods we wanted to buy in here, there was a lot of inventory--homes that were wildly overpriced.  Those homes sat on the market for months, even years.  Meanwhile, anything that came on at a reasonable price went to contract within a week, and usually within a couple of days--we made an offer on the house we now own the day it came on the market, and this was far from unusual.  Bidding wars on these properties were frequent--universal, in the months before the first-time homebuyer tax credit expired.

    Read more at The Atlantic

    Filed under: Forest Hill News & Events, Selling Your House
    Tags: , , .
    Bookmark the permalink.

    Leave a Reply

    Your email address will not be published. Required fields are marked *