Temperance
Real Estate
East Toledo bar formerly known as 'Main Event' in '90s listed for sale
TOLEDO, Ohio — A former east Toledo club known for hosting rock, rap and local music in the '90s and early 2000s is on the market for any entrepreneurs looking to revive the venue. The former Main Event, located at 137 Main St. just south of Front Street, is...
Homes in Monroe County sold for higher prices recently: See how much here
Newly released data for November shows that potential buyers and sellers in Monroe County saw houses sell for higher than the previous month's median sale price of $205,000. The median home sold for $223,000, an analysis of data from Realtor.com shows. That means November, the most recent month for which figures are available, was up 8.8% from October.
'It almost feels like a resort': McIntyre estate on the market for $2.1 million
MONROE — An estate priced at more than $2.1 million is on the market in Monroe. Recently, realtor Mike Kuligowski of Keller Williams Lakeside listed the McIntyre estate on South Dixie Highway, a home built more than 100 years ago by the founders of Monroe Auto Equipment Co. Kuligowski lists only high-end properties...
Diocese turns down offer from investor for Sacred Heart property
TOLEDO, Ohio — A historic east Toledo church, special to generations of Catholics and neighbors of the church, will not be sold to an outside investor, according to an op-ed released on Sunday by Diocese of Toledo Bishop Daniel Thomas. Sacred Heart Church was first marked for demolition by...
Editorial: Downtown needs energy
Downtown Toledo needs a shot of adrenaline to keep the momentum behind major development projects like Four Corners from sputtering out. Real estate experts say it’s too soon to hit the panic button because of increasing vacancy rates for office, retail, and residential space in the central business district. We’re more concerned that warning signs will be ignored. (“Vacancy rates up in downtown Toledo,” Monday.) Read more Blade editorials A third of downtown office space is empty according to the Reichle Klein MarketView report on Toledo. Much more troubling is that 43 percent of the class A office space available is vacant. With ProMedica’s sale of Paramount Health, that class A vacancy rate is likely to climb. The national vacancy rate, considered to be at crisis level highs is less than half Toledo’s rate.
Prospective homeowners face high foreclosure rates; Toledo organizations team up to help combat
TOLEDO, Ohio — Owning a home can mean having a sense of security and value. In recent years, however, being able to afford and keep a home has been tough. Foreclosure filings in the U.S. increased by 115% from 2022-2021, according to a 2022 report from ATTOM, a California-based company that tracks the U.S. real estate market. There were 936 filings in 2022, compared to 562 in 2021.
Downtown Toledo's office, apartment vacancy increased last year, reports say
Downtown Toledo offices continued to empty out last year, while downtown's typically low apartment vacancy rate ticked up slightly as well, according to new reports from the real estate firm Reichle Klein Group. Downtown office vacancy stood at 33 percent at the end of the year, compared to 20 percent for the larger Toledo area, Reichle Klein found. Nationwide the office vacancy rate is about 18 percent, the report said, citing data from the firm CommercialEdge. Apartment vacancy downtown, meanwhile, increased slightly from 3.5 percent at the end of 2022 to 6.4 percent now. That's in contrast to the Toledo area overall, which saw a vacancy decline, to 3.8 percent, even as new apartment complexes are completed and offered to renters. "This bears watching," Harlan Reichle, president and chief executive of Reichle Klein, said of the downtown apartment trend. He said it's too early to sound any alarms, and the downtown housing market may very well get back on track.
Real estate broker works to open doors for marginalized people
Black people have the lowest homeownership rate in America, but one local association is working to change that. “And there’s a huge gap here in northwest Ohio,” said Rob Pasker, 36, president of Greater Toledo Realtist Association and broker with eXp Realty in Toledo. Born and raised in Toledo, after receiving his real estate license in Columbus in 2014, Mr. Pasker — who is also a real estate appraiser and housing counselor — was compelled to come back home and work toward closing that gap. Upon his return, he became the only active Realtist in the northwest Ohio region, a title carried by real estate professionals that are a part of the National Association of Real Estate Brokers, or NAREB.
Margaretta A. “Margy” Glassford: Lucas County resident was savvy in real estate, antiquing
Margaretta A. “Margy” Glassford, a veteran of real estate and antique sales, who knew how to match buyers and sellers at a price on which all parties agreed, died Saturday at Browning Masonic Community in Waterville. She was 86. She had dementia, her son Skip Glassford said. Formerly of Grand Rapids, Ohio, she and her late husband, James Glassford, lived for years across the Maumee River in Lucas County’s Providence Township. The couple retired from Anthony Wayne Realtors, the real estate sales business Mr. Glassford founded in 1988. Afterward, they started an antiques business from which they didn’t retire. They scoured garage sales and auctions for deals on items they knew would command further resale. “You know the people who are at the garage sale at 9 o’clock when they open? That’s my mom,” Mr. Glassford said. “They knew what was a good buy. They tried to buy low and sell high.”
Monroe County home listings asked for less money in January – see the current median price here
The median home in Monroe County listed for $267,775 in January, down 2.6% from the previous month's $275,000, an analysis of data from Realtor.com shows. Compared to January 2023, the median home list price decreased 2.9% from $264,950. The statistics in this article only pertain to houses listed for sale...
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