Yearly Archives: 2017

In Eaton, Portman Calls Recovery Home for Women “A Model Facility”

Senator Portman visited the Sojourner Recovery Services residential women’s facility in Eaton, Ohio. Sojourner’s Eaton facility opened last year and serves as a comprehensive drug and alcohol addiction and mental health service provider. Portman toured the facility and met with courageous women working to get their lives back on track as well as those on the front lines helping them overcome their addictions.

Brown Blasts Trump Plan to Slash Housing Assistance for Low-Income Urban and Rural Communities

U.S. Sen. Sherrod Brown (D-OH) – ranking member of the Senate Committee on Banking, Housing and Urban Affairs – today blasted President Trump’s proposal to cut the U.S. Department of Housing and Urban Development’s budget by more than $6 billion and eliminate programs critical to maintaining the nation’s supply of affordable housing. The budget plan also would cut funding for public transit programs and community development grants.

Beatty Blasts Trump FY2018 Budget Request

President Donald Trump released his Fiscal Year 2018 Budget Request today that seeks to slash discretionary spending by $54 billion. Reacting to the proposal, U.S. Congresswoman Joyce Beatty (OH-03) said

Kasich Announces Appointment to Cleveland Municipal Court, Housing Division

Governor John R. Kasich announced the appointment of Ronald J. O’Leary of Cleveland (Cuyahoga Co.) to serve as a judge on the Cleveland Municipal Court, Housing Division. O’Leary will assume the bench on April 10, 2017, and must run in November 2017 to retain the seat for the remainder of the unexpired term, which ends January 1, 2020. O’Leary is replacing Judge Raymond L. Pianka, who passed away.

Representative Stivers Announces Reintroduction of Homeless Children and Youth Act at Huck House Shelter

Representative Steve Stivers (R-OH) announced the reintroduction of the Homeless Children and Youth Act at the Huckleberry House in Columbus. This legislation, which is cosponsored by Representative Dave Loebsack (D-IA), provides a more accurate system for the federal government to understand the problem of youth homelessness and help better serve this population.  The Senate companion bill is sponsored by Senator Rob Portman (R-OH) and Senator Diane Feinstein (D-CA)

Portman, Feinstein, Stivers, Loebsack Introduce Bill to Help Homeless Children and Youth

Senators Rob Portman (R-OH) and Dianne Feinstein (D-CA) today introduced the Homeless Children and Youth Act to amend the definition of homelessness used by the Department of Housing and Urban Development (HUD) so that more American children who are vulnerable can receive services they need. Representatives Steve Stivers (R-OH) and Dave Loebsack (D-IA) introduced companion legislation in the House of Representatives.

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.

Columbus REALTORS® Salutes the Best and Brightest in Commercial Real Estate

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

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 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

Columbus REALTORS® Foundation commits $300,000 to the South Side Renaissance

As leaders of responsible home ownership and affordable housing in central Ohio, the Columbus REALTORS® Foundation is proud to announce the largest grant in the organization’s history to fund the South Side Renaissance (SSR), a South Side housing development, owned by Community Development for All People (CD4AP).

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.

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.