Yearly Archives: 2013

Cincinnati Property Meets Ohio EPA’s Voluntary Action Program Requirements

WASHINGTON, D.C. - March 29, 2013 - (RealEstateRama) -- Through the voluntary efforts of Red Bank Crossing II, another Cincinnati brownfield has been investigated and remediated under Ohio EPA's Voluntary Action Program (VAP).

Attorney General DeWine Announces Agreement with Ohio AMVETS Groups Following Charitable Investigation

COLUMBUS, OH - March 27, 2013 - (RealEstateRama) -- Today Attorney General Mike DeWine announced he has reached an agreement with AMVETS Department of Ohio, AMVETS Career Center and AMVETS Department of Ohio Service Foundation to protect charitable assets raised by those organizations for unemployed veterans and other veteran’s services. The agreement follows an investigation by the Attorney General that uncovered the misappropriation of millions in charitable funds held by the three AMVETS organizations for the benefit of unemployed veterans, veterans in need of career training, ROTC programs, veterans scholarships, veterans hospitals and homeless veterans. The agreement was filed with the Franklin County Court of Common Pleas.

OHFA Board Awards $11.4 Million for Affordable Housing in Montgomery and Hamilton Counties

COLUMBUS - March 21, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board approved more than $11.4 million for affordable housing properties in Dayton and Cincinnati yesterday. The housing funds were approved during the Board's off-site meeting, held at The Commons at Third in Grandview, Ohio. A permanent supportive housing property for formerly homeless individuals, the Commons at Third was awarded $1,000,000 in Housing Tax Credits (HTCs) and $500,000 in Housing Development Assistance Program (HDAP) funds from OHFA to construct the community.

With One-Third Of Montgomery County Homeowners Underwater On Their Mortgages, Brown Unveils Plan To...

DAYTON, OH - March 15, 2013 - (RealEstateRama) -- With one-third of Montgomery County homeowners underwater on their mortgages, U.S. Sen. Sherrod Brown (D-OH) unveiled a plan that would improve the housing market by addressing “short sale” home sales. Short sales are real estate transactions that must be approved by the bank because the seller owes more on their mortgage than the proposed sale price. Brown will outline how the Prompt Notification of Short Sale Act would improve the process for both sellers and buyers involved in “short sale” transactions and bolster the housing market and our economic

With Nearly One in Four Ohio Homeowners Underwater on their Mortgages, Brown Unveils Plan...

WASHINGTON, D.C. - March 13, 2013 - (RealEstateRama) -- With nearly 25 percent of Ohio homeowners underwater on their mortgages, U.S. Sen. Sherrod Brown (D-OH) unveiled a plan to improve the housing market by addressing “short sale” transactions. Short sales are real estate transactions that must be approved by the bank because the seller owes more on his/her mortgage than the proposed sale price. Brown’s bipartisan legislation

Attorney General DeWine Announces Mortgage Fraud Convictions

AKRON, OH - February 28, 2013 - (RealEstateRama) -- Ohio Attorney General Mike DeWine today announced the convictions of four people who took part in a mortgage fraud scheme in Summit and Stark counties.

Turner Reintroduces Tax Credit for Historic Preservation

Washington, DC - February 27, 2013 - (RealEstateRama) -- Congressman Mike Turner, Co-chairman of the Historic Preservation Caucus, reintroduced the Historic Homeownership Revitalization Act of 2013. Enactment of this legislation would create jobs in the hard hit housing and construction sectors by incentivizing the preservation of our nation’s historic homes and communities.

Lorain Properties Receive Covenants Not to Sue Under Ohio EPA’s Voluntary Action Program

WASHINGTON, D.C. - February 26, 2013 - (RealEstateRama) -- Through the voluntary efforts of IRG Lorain LLC and the city of Lorain, two portions of the former Ford Lorain Assembly Plant property in Lorain have been investigated and remediated under Ohio EPA’s Voluntary Action Program (VAP). IRG Lorain plans to redevelop the properties for commercial/industrial use.

The Gene Group integrates exciting IDX Broker features onto Ohio real estate website

EUGENE, OR - February 25, 2013 - (RealEstateRama) -- Today, IDX, Inc. is pleased to announce IDX Broker has been integrated onto the website of broker Eugene Pridgett of The Gene Group. Dayton MLS (DTON) listings are now seamlessly integrated onto Pridgett’s search page, making thousands of detailed property listings instantly available for home seekers and potential clients. With his customized IDX solution, Pridgett now hosts one of the most dynamic and informative real estate websites and searches for Beavercreek, Ohio buyers.

OHFA Board Celebrates 30th Anniversary; Awards $3 Million for the Development of Affordable Housing...

COLUMBUS, OH - February 21, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board celebrated the Agency's 30th anniversary with a proclamation from Governor John R. Kasich yesterday. The proclamation commended OHFA for fulfilling its mission and establishing programs that have "provided lasting benefits for all Ohioans by boosting the state's economy through public and private partnerships and strengthened Ohio communities through revenue production and job creation.

Rep. Dave Joyce Announces Bill Protecting Responsible Homeowners

CLEVELAND - February 21, 2013 - (RealEstateRama) -- Today, Rep. Dave Joyce announced the Restore Our Neighborhoods Act, H.R. 656, which will protect responsible home owners by allocating funds to demolish vacant, abandoned, or foreclosed properties. Congressman Joyce released the following statement:

Attorney General DeWine Says Monitor’s Report Shows Ohioans Have Received $280 Million in Relief...

COLUMBUS, OH - February 21, 2013 - (RealEstateRama) -- Ohio Attorney General Mike DeWine announced that today's release of a monitor's report shows that more than 7,000 Ohioans have received more than $280 million in consumer relief from the National Mortgage Settlement announced one year ago.

Asbestos Material Dumped in Swanton Area Woods; Ohio EPA Seeks Information to Nab Dumper

WASHINGTON, D.C. - February 20, 2013 - (RealEstateRama) -- A large quantity of pipe insulation containing asbestos was illegally dumped on a property near Swanton last fall. Ohio EPA is seeking assistance from anyone who may have seen activity at the dump site or at an area commercial or school building.

REPS. FUDGE, JOYCE AND KAPTUR INTRODUCE THE RESTORE OUR NEIGHBORHOODS ACT

WARRENSVILLE HEIGHTS, OH - February 20, 2013 - (RealEstateRama) -- Congresswoman Marcia L. Fudge is pleased to announce introduction of legislation to aid states and cities in addressing the need to demolish vacant and abandoned properties. The Restore our Neighborhoods Act of 2013 (H.R. 656) was jointly introduced by Congresswoman Fudge (OH-11), Congressman Dave Joyce (OH-14) and Congresswoman Marcy Kaptur (OH-9) and unveiled today at a news conference in Cleveland.

Ohio Federal Court Bars Appraiser of Historic-Preservation Easements

WASHINGTON, D.C. - February 13, 2013 - (RealEstateRama) -- A federal court in Cleveland has barred MAI-designated real estate appraiser Michael Ehrmann and his firm, Jefferson & Lee Appraisals Inc., from preparing property appraisals for federal tax purposes, the Justice Department announced today. Judge Dan Aaron Polster of the U.S. District Court for the Northern District of Ohio signed the civil injunction order against Ehrmann and Jefferson & Lee Appraisals. The defendants consented to the injunction without admitting the allegations against them.

Ohio’s Auto and Homeowners Insurance Premiums Among Lowest in the U.S.

COLUMBUS - February 6, 2013 - (RealEstateRama) -- Lieutenant Governor and Department of Insurance Director Mary Taylor announced Ohio’s average auto and homeowners insurance premiums are again among the lowest in the nation.

Attorney General DeWine Praises Efforts of City of Mansfield, Richland County to Demolish Abandoned...

MANSFIELD, OH - February 4, 2013 - (RealEstateRama) -- Ohio Attorney General Mike DeWine today joined Mansfield Mayor Tim Theaker and several other Richland County officials at the demolition of an abandoned house made possible by a grant from his Demolition Grant Program. The property at 102 Raymond Avenue in Mansfield is one of many properties in Ohio that have been demolished through efforts by local communities and the Attorney General's Demolition Grant Program.

Ohio HFA: State of Ohio Expands Eligibility and Benefits for the Foreclosure Prevention Program

WASHINGTON, D.C. - February 4, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) today announced expansions to the State of Ohio's foreclosure prevention program, Save the Dream Ohio. Effective February 1, the enhancements to the program and eligibility requirements are intended to aid OHFA in assisting more homeowners struggling to make their mortgage payments

State of Ohio Expands Eligibility and Benefits for the Foreclosure Prevention Program

COLUMBUS, OH - February 1, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) today announced expansions to the State of Ohio's foreclosure prevention program, Save the Dream Ohio. Effective February 1, the enhancements to the program and eligibility requirements are intended to aid OHFA in assisting more homeowners struggling to make their mortgage payments.

Attorney General DeWine Announces $120 Million Multi-State Settlement with Lender Processing Services, Inc.

COLUMBUS, OH - January 31, 2013 - (RealEstateRama) -- Ohio Attorney General Mike DeWine today announced that he and 45 other Attorneys General have reached a $120 million multi-state settlement with Lender Processing Services, Inc. and its subsidiaries, LPS Default Solutions and DocX, resolving allegations that the Jacksonville-based company "robo-signed" documents and engaged in other improper conduct related to mortgage loan default servicing

Recent

Central Ohio Housing Report – December 2018

While the 2017 housing market was marked by renewed optimism fueled by stock market strength, higher wages and a competitive environment for home sales, 2018 maintained the competitive housing market amid less than stellar stock market performance and rising interest rates while housing affordability dipped to a ten-year low.