Home Property, Rentals, Transactions
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.
Columbus REALTORS® held its ninth annual Commercial Awards Banquet on Thursday, March 9, 2017, at The Grand Event Center at Grandview Yard. Nearly 200 commercial movers and shakers, supporters and leadership were on hand to applaud the outstanding accomplishments of our 2016 honorees.
CALMWATER CAPITAL PROVIDES ACQUISITION AND REDEVELOPMENT LOAN FOR PNC PLAZA BUILDING IN DOWNTOWN COLUMBUS
Calmwater Capital, a Los Angeles-based provider of commercial real estate debt, has originated a senior secured term loan to Edwards Companies for its acquisition and redevelopment of a 362,720-square-foot office building in Downtown Columbus, Ohio. The sponsor plans to redevelop the property, located at 155 E. Broad St., into a mixed-use property comprising residential, office and hotel space. More...
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.
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 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
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.
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.
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
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 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.
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.
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
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.
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.
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.
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.
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).
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.