So I broke down and read the Plain Dealer today, after I purchased it for the sole reason of laying it on the floor as protection when I painted.
According to that brain trust, housing prices in Lakewood are only down 7% from 2005.
Not believing that, but okay. I think it's more like 20-30% to ensure a sale. In their analysis, they report that East Cleveland home values are down 84%, which is just boggling, Cleveland's down 54%, Euclid 12%, and Cleveland Heights 11%.