{"id":6668,"date":"2014-07-15T13:01:06","date_gmt":"2014-07-15T13:01:06","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=6668"},"modified":"2014-07-15T13:01:06","modified_gmt":"2014-07-15T13:01:06","slug":"lebron-james-return-win-clevelands-housing-market","status":"publish","type":"post","link":"http:\/\/www.anthonydidonato.net\/wordpress\/lebron-james-return-win-clevelands-housing-market\/","title":{"rendered":"LeBron James’ Return: A Win for Cleveland’s Housing Market?"},"content":{"rendered":"

LeBron James’ Return: A Win for Cleveland’s Housing Market?<\/h2>\n
\"LeBron<\/a>

LeBron James’ Return: A Win for Cleveland’s Housing Market?<\/p><\/div>\n

NBA star LeBron James announced last Friday<\/a> that he is heading home to Cleveland to rejoin the Cavaliers next year, after playing for the Miami Heat for the past four years. But he says his return to his hometown is about much more than just basketball.<\/p>\n

James, a native to Akron, Ohio, says he cares deeply about the area and wrote in Sports Illustrated that \u201cmy relationship with Northeast Ohio is bigger than basketball. I didn\u2019t realize that four years ago. I do now.\u201d<\/p>\n

James says he wants to promote the area through his charitable works.<\/p>\n

\u201cI want kids in Northeast Ohio, like the hundreds of Akron third-graders I sponsor through my foundation, to realize that there\u2019s no better place to grow up,\u201d James wrote in Sports Illustrated. \u201cMaybe some of them will come home after college and start a family or open a business. That would make me smile. Our community, which has struggled so much, needs all the talent it can get.\u201d<\/p>\n

But could James’ return really boost Cleveland\u2019s economy or housing market? Cleveland and Akron are among the 10 lowest metro areas for home price growth. Akron recently ranked the lowest, with prices dropping by 0.2 percent, according to a housing report from Black Knight Financial Services. Cleveland and Akron also are fourth and fifth on the list for metro areas with the highest percentage of homes underwater (in Cleveland, 35 percent of homes are underwater; Akron is at 34 percent).<\/p>\n

While property values are unlikely to rise just because James is returning to Cleveland, an article in HousingWire notes \u201cthe good vibes may just spur growth in an area that sorely needs it.\u201d<\/p>\n

\u201cI feel my calling here goes above basketball,\u201d James writes. \u201cI have a responsibility to lead, in more ways than one, and I take that very seriously. My presence can make a difference in Miami, but I think it can mean more where I\u2019m from.\u201d<\/p>\n

Source: \u201cWhy LeBron James\u2019 Return to Cleveland Is Huge Real Estate Win<\/a>,\u201d HousingWire (July 11, 2014) and \u201cLeBron<\/a>: I\u2019m Coming Back to Cleveland<\/a>,\u201d Sports Illustrated (July 11, 2014)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

LeBron James’ Return: A Win for Cleveland’s Housing Market? NBA star LeBron James announced last Friday that he is heading home to Cleveland to rejoin the Cavaliers next year, after playing for the Miami Heat for the past four years. But he says his return to his hometown is about much more than just basketball. … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-6668","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nLeBron James' Return: A Win for Cleveland's Housing Market? - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/lebron-james-return-win-clevelands-housing-market\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/lebron-james-return-win-clevelands-housing-market\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/lebron-james-return-win-clevelands-housing-market\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"LeBron James’ Return: A Win for Cleveland’s Housing Market?\",\"datePublished\":\"2014-07-15T13:01:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/lebron-james-return-win-clevelands-housing-market\\\/\"},\"wordCount\":384,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/lebron-james-return-win-clevelands-housing-market\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2014\\\/07\\\/lebron-james-thumbs-up-miami-300x259.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/lebron-james-return-win-clevelands-housing-market\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/lebron-james-return-win-clevelands-housing-market\\\/\",\"name\":\"LeBron James' Return: A Win for Cleveland's Housing Market? 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