Michele Anderson of Progressive Urban Real Estate, a life-long Clevelander, moved into the Detroit-Shoreway neighborhood in 1985. She believed that the city had a lot to offer and wanted to see more people move into Cleveland. After the experience of buying her own home, she came away with the impression the real estate industry saw Cleveland as a place to market to investors. She wanted to see more owner occupants move into neighborhoods like hers. That gave her the inspiration to get her real estate license.
She joined Progressive Urban Real Estate in 1986, with a mission of promoting the City of Cleveland. At first, it was a struggle for both me and the company. A “suburban bias” made it difficult for people to get loans in designated “declining neighborhoods”. But over time working with the City, area non-profit development organizations, and enlightened developers, gradually things began to evolve. She still encounters some suburban bias, but overall there is now a level playing field. Today Michele works with both owner occupant buyers and investors. She also especially likes working with first time home buyers sharing her knowledge of the neighborhoods, and its housing stock. Although familiar with both new construction and vintage properties, historic restoration holds a special place in her heart. A few years back, Michele sold the Franklin Castle in Ohio City.
“It was very exciting to see the renovation of that amazing historic landmark!”
Two things which separates Progressive Urban Real Estate from other real estate companies: They live in the neighborhoods they sell, and are a part of the resurgence of many of these neighborhoods. This puts them in a unique position to spot trends in different areas. They focus on serving their buyers and sellers whether it be new construction, existing homes, owner occupants, or investors.
Michele has noticed a trend of buyers beginning to broaden their horizons. Coming out of the recent recession, buyers slowly began to enter the market. They were very cautious, and gravitated to areas like West Park, Tremont, Ohio City, downtown and Detroit-Shoreway. But this past year, she has been seeing more activity in neighborhoods like Old Brooklyn and the West Blvd area. There are still great deals on excellent housing stock throughout Cleveland’s diverse neighborhoods.
“Cleveland is so affordable and it has so much offer. We have wonderful restaurants and some of the best known chefs in the country. Our orchestra is world class, and so is our art museum. We have a gorgeous Metro Park system. Almost without exception, people I meet from outside the area are amazed by all that Cleveland has to offer!”