Marketing & Statistics

Marketing & Statistics

TAX EXEMPT VALUES OUTPACE TAXABLE PROPERTY

Hamilton County Auditor Dusty Rhodes reports the market value of tax exempt property values has grown at a much faster rate than the value of taxable property in the county over the last quarter-century.

Central Ohio Housing Report – January 2017

Central Ohio saw 2,473 homes go into contract during the month of January, up 24.5 percent from the previous month, and 4.4 percent higher than a year ago. There were 2,170 central Ohio homes and condos added to the market in January. Although this was 47.8 percent more than the previous month, it was 2.2 percent lower than January 2016, leaving the inventory at 4,329 according to the Columbus REALTORS Multiple Listing Service.

Q4-2016 Lender-Mediated Properties Report

The number of distressed single family homes for sale in central Ohio during the fourth quarter of 2016 were down 57.4 percent and condos for sale fell 70.4 percent from the previous year

Central Ohio Housing Report – December 2016

Central Ohio ended 2016 with the highest number of home sales and the highest home prices on record. 2016 also saw the lowest months supply and days on market, due to the lowest inventory levels on record for the Columbus REALTORS® Multiple Listing Service

Q3-2016 Lender-Mediated Properties Report

The number of lender-mediated properties for sale in central Ohio continued its sharp decline during Q3-2016 and ended the quarter at 6.8 percent of the total inventory of homes for sale in central Ohio

Central Ohio Housing Report – September 2016

Central Ohio saw record home sales last month, due in great part to the record number of homes added to the market in August. There were 2,869 central Ohio homes and condos sold during the month of September, an 8.3 percent increase over the previous year and the highest number of closed sales for the month of September ever recorded according to the Columbus REALTORS® Multiple Listing Service.

Central Ohio Housing Report – August 2016

There were 3,116 central Ohio homes and condos sold during the month of August, a 4.8 percent increase over the previous year and a 1.5 percent increase over July. This was the highest number of closed sales for the month of August ever recorded and the second highest month for 2016, according to the Columbus REALTORS® Multiple Listing Service.

Central Ohio Housing Report – July 2016

The number of homes for sale in central Ohio rose 8.3 percent to 6,402 in July 2016 compared to the previous month. Despite being down almost twenty percent from last year, it’s the highest level of inventory seen in 2016 according to the Columbus REALTORS® Multiple Listing Service

Central Ohio Housing Report – May 2016

There were 3,091 central Ohio homes and condos sold during the month of May, a 15.7 percent jump over April and a 2.4 percent increase over May 2015. Year-to-date sales (January through May) were 11,464 which is the highest on record for the first five months of the year according to the Columbus REALTORS® Multiple Listing Service

Central Ohio Housing Report – January 2016

There were 2,249 central Ohio homes and condos added to the market during the month of January, a 47.1 percent gain over the previous month, although a slight dip of 2.5 percent from January 2015, according to the Columbus REALTORS® Multiple Listing Service

2015 breaks record in Central Ohio home sales

In 2015, residential real estate experienced its best year since the Great Recession ended in 2009. Although inventory could still use a jolt, demand was healthy throughout the year and there was enough supply to keep the engine strong.

Housing inventory cooling off in central Ohio

Central Ohio inventory continues to remain at a record low – lower than any year since 2000. The total inventory of homes for sale during the month of November in central Ohio was 6,976, a decrease of 9.3 percent from the previous month and 16.3 percent lower than November 2014, according to the Columbus REALTORS Multiple Listing Service.

Norwalk to Improve Wastewater Treatment; Receiving Financing from Ohio EPA

The city will separate storm sewer flows from the sanitary sewer system by installing new sanitary sewers, a major underground storage basin, a new pump station and force main, and a back-up power generator. Currently, the combined sewer allows untreated wastewater to escape from the sewer system. This project is part of Norwalk’s combined sewer overflow long-term control plan

Franklin County to Improve Wastewater Treatment, Reduce Nutrients with Ohio EPA Funds

Franklin County will begin design work – the pre-construction phase – this year in an upgrade of the Darbydale wastewater treatment plant to reduce nutrient discharges and improve water quality in Big Darby Creek, thanks to a zero-interest loan from Ohio EPA.

Central Ohio Housing Report – July 2015

Sales, prices and time to sell a home set records again during July 2015. The 3,208 home sales last month were up 1.9 percent over the previous month (June 2015) and up 11.7 percent from July of 2014. This also set a record high for any single month of home sales in any year according to the Columbus REALTORS® Multiple Listing Service (MLS).

OHFA APPROVES MORE THAN $8.2 MILLION FOR AFFORDABLE HOUSING FOR OHIOANS

On Wednesday, August 19, the Ohio Housing Finance Agency (OHFA) Board approved more than $8.2 million for affordable housing initiatives across the state of Ohio, including

Central Ohio Housing Report – June 2015

The total inventory of homes for sale during the month of June in central Ohio was 7,663, a 2.5 percent increase over the previous year and the highest thus far in 2015 according to the Columbus REALTORS® Multiple Listing Service

Central Ohio Housing Report – May 2015

 There were 2,926 central Ohio homes and condos sold during the month of May, a 17.8 percent increase over April and an 8.4 percent gain over May 2014. This puts the total number of homes sold for 2015 at 10,531, which is highest number of homes sold on record for the first five months of the year, according to the Columbus REALTORS® Multiple Listing Service

With Critical Funds to Repair Ohio Roads and Bridges Set to Expire on July...

More than 6,500 bridges in Ohio are deemed “structurally deficient” or “functionally obsolete” and in need of critical repairs, according to the Federal Highway Administration (FHWA). These bridges rely on funding from the highway bill – set to expire at the end of July – for improvements and upgrades. With a deadline fast approaching, U.S. Sen. Sherrod Brown (D-OH) called for a bipartisan approach to fixing America’s highways and bridges by passing a long-term transportation bill

Xenia Property Cleaned Up under Ohio EPA’s Voluntary Action Program

Two local organizations and the city of Xenia have received a covenant not to sue under Ohio EPA’s Voluntary Action Program (VAP) for the former Ohio Veterans’ Children’s Home property located at 690 Home Ave., Xenia.

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Affordable Housing Out Of Reach for Low-Income Families in Ohio

Report Demonstrates Need To Expand Ohio Housing Trust Fund WASHINGTON, D.C. - (RealEstateRama) -- Ohioans need to earn at least $14.45 an hour in order...

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Brown Releases County-By-County Data of Ohio Complaints Against Abusive Mortgage Servicer

U.S. Sen. Sherrod Brown (D-OH) – ranking member of the Senate Banking, Housing, and Urban Affairs Committee – applauded recent action by the Consumer Financial Protection Bureau (CFPB) against Ocwen Financial Corp. The CFPB alleges that Ocwen, one of the nation’s largest nonbank mortgage servicers, for years “engaged in significant and systemic misconduct at nearly every stage of the mortgage servicing process.” Ocwen has been the subject of several enforcement actions and more than 23,000 CFPB complaints, including 675 complaints from Ohioans.