Property, Rentals, Transactions

Property, Rentals, Transactions

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

National REIA Spearheads Landlord Protection Victory in Ohio

Before the Ohio General Assembly adjourned its session last month it handed landlords a big win with the passage of legislation aimed at curbing harassment-for-profit by local fair housing organizations.
Valvoline

The Boulder Group Arranges Sale of Net Lease Valvoline Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Valvoline property located at 1321 South Breiel Boulevard in Middletown, Ohio for $360,000.

Richland County Property Receives Covenant Not to Sue Under Ohio EPA’s Voluntary Action Program

Honeywell International has received a covenant not to sue under Ohio EPA’s Voluntary Action Program (VAP) after investigating and remediating the former Prestolite property

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

Charges filed regarding cash bribes and kickbacks between contractors and Cleveland Housing Network official,...

Criminal charges were filed in federal court alleging cash bribes and kickbacks between contractors and a Cleveland Housing Network official, as well as improper lead abatement practices at several renovation projects, law enforcement officials said.

Stark County Property Receives Covenant Not to Sue Under Ohio EPA’s Voluntary Action Program

Groffre Investments has received a covenant not to sue under Ohio EPA’s Voluntary Action Program (VAP) after investigating and remediating the former J&L Steel Lagoons property in Louisville.

Q1-2016 Lender-Mediated Properties Report

Although central Ohio home sales set record highs during the first three months of the year, distressed property sales were the lowest recorded since January of 2010, when Columbus REALTORS® began tracking distressed housing activity.

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.

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).

Q2-2015 Lender-Mediated Properties Report

The 800 lender-mediated properties listed for sale during 2Q-2015 in central Ohio was down by almost half from one year ago, but up slightly (1.7 percent) from the previous quarter.

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

Hunt Mortgage Group Refinances Two Retail Shopping Centers located in Ohio

Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided two loans totaling $17 million to refinance two retail shopping centers located in Ohio. The loans were arranged through Hunt Mortgage Group’s Proprietary Loan team, the firm’s new balance sheet lending platform.

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.

Local Restoration Specialists That Meets Board Up Grandview Heights Need Within 24 Hours

Residents of Grandview Heights do not need to be concerned if a disaster strikes at any point of time. There is this one company named Neverman Construction Co. that has been around since 2000 and is rightfully one of the best and reputed local disaster restoration specialists that homeowners can rely blind folded.

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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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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