Is this a good time to invest in Cleveland? The Cleveland area is currently growing through two major industries: healthcare and hospitality. With large employment opportunities through tourism via sports teams and other attractions as well as two major health care companies, Ohio is becoming a popular place to live and work.
Home prices here are still low compared to the rest of the country making Cleveland one of the most affordable places to purchase property. Construction permits aren’t heavily driven toward residential, meaning there will be a higher demand placed on SFRs in the near future.
Cleveland is an area that is poised for growth, and shows signs for a positive and profitable future. Would you like to learn more about the economic climate in the region? Check out our Cleveland Market Report for all the details.