New Lebanon Real Estate News
Real Estate news for New Lebanon, OH continually updated from thousands of sources.
Jan 18, 2017 | via National Mortgage News
Home foreclosures are down to the lowest level in more than decade in Ohio and across the nation, but the Dayton area in 2016 still ranked as one of the highest in the nation for foreclosure activity. Ohio had the ninth highest foreclosure rate in the country last year, but it's below the one percent threshold for all households, something Daren Blomquist, senior vice president for Attom Data Solutions - the Irvine, Calif.-based real estate data provider, called "an important milestone." Comment?
Dec 11, 2016 | via Lowell Sun
Dayton, Ohio, gave the world the Wright Brothers and the electric cash register. As recently as 1990, manufacturing jobs there were the backbone of the local economy. Comment?
Dec 10, 2016 | via BrothersJudd Blog
Red State Homes Are Luring Young Blue Buyers Inland : Affordable Rust Belt real estate may be changing America's political demographics. Dayton, Ohio, gave the world the Wright Brothers and the electric cash register. Comment?
Jul 14, 2016 | via National Mortgage News
An $8 million state allocation should help demolish about 500 dilapidated homes in local neighborhoods in order to prop up property values and prevent the spread of foreclosures. Housing blight remains a big community challenge nearly nine years after the housing bubble burst, which caused home prices to plunge and led to a wave of housing abandonment. Comment?
Jun 23, 2016 | via Toledo Blade
Even as housing is becoming more affordable in the United States, housing in Lucas County has become less affordable compared with historic norms, according to a new report by real estate data firm RealtyTrac Inc. In its second quarter home affordability index, released Thursday, Lucas County scored a 98, down from 101 a year ago and also down from 113 in the first quarter. The report analyzed median home prices from recorded sales. Comment?
9 hrs ago | via WKSU-FM Kent
The new report says places like Highland Square are already attracting development, while neighborhoods like North Hill are on the verge of being more attractive to housing developers. A new report says parts of Akron are ripe for new housing, while other neighborhoods could be hot spots if they get some new investment. Comment?
Sunday | via Xenia Daily Gazette
I'm a strong supporter of the work that Habitat for Humanity and their 55 affiliates do across Ohio. Habitat provides about 5,000 homeownership opportunities to low-income American families every year, and, in total, have built about 4,000 homes in Ohio. Comment?
Tuesday Feb 14 | via National Mortgage News
Northeast Ohio home sales started 2017 on slightly softer footing, but January prices were up notably from a year before. Across 18 counties, sales were down 1.5 percent from January of 2016, according to fresh figures from the Northern Ohio Regional Multiple Listing Service. Comment?
Sunday Feb 12 | via The Columbus Dispatch
Rising costs and changing demand has left homebuilders struggling to capitalize on the biggest housing market that central Ohio has ever seen. Last year, 2,607 new homes were sold in central Ohio, the best year since 2007, according to Binns Real Estate Services, which tracks the central Ohio housing industry. Comment?
Sunday Feb 12 | via The Columbus Dispatch
U.S. Sen. Rob Portman of Ohio doesn't think Steve Mnuchin misled the Senate when the treasury nominee maintained that his bank had not engaged in "robo-signing." That's despite court documents showing dozens of instances in Ohio alone, reported by The Dispatch, and a sworn statement from one of Mnuchin's OneWest vice presidents that she regularly engaged in the practice, in which mortgage-foreclosure papers are rapidly signed despite attestations that the documents had been examined. Comment?
9 min ago | via Insurance Journal West
A U.S. appeals court said on Thursday it will reconsider an October ruling that the Consumer Financial Protection Bureau's structure is unconstitutional, virtually guaranteeing the battle over an agency borne of the financial crisis will reach the Supreme Court. A full panel of 10 judges on the U.S. Court of Appeals for the District of Columbia Circuit will decide the case after hearing oral arguments on May 24. The court's order indicated that its chief judge, Merrick Garland, will not participate; leaving six judges appointed by Democratic presidents and four appointed by Republicans to decide the case. Comment?
18 min ago | via Bloomberg
There's been much hand-wringing over data suggesting a big pullback in foreign investment flows into the U.S. Digging into some of the more arcane aspects of the activity can both confirm the worries and contribute to something of a contrarian perspective. The idea that foreign official accounts have been selling Treasuries isn't new. Comment?
42 min ago | via Daily Mail
One of Britain's biggest housebuilders yesterday set aside A 7million to compensate furious buyers and fix hastily finished homes. Bovis Homes has received complaints about everything from incomplete driveways to leaky pipes, shoddy walls, dodgy wiring and badly painted rooms. Comment?
48 min ago | via World News Report
"These lenders are among the best in the mortgage banking industry and we are truly fortunate to have them as customers. Our strong and enduring alliances together are built on a shared commitment to meet the ever changing needs of America's multifamily borrowers and renters," said John Cannon, senior vice president of Freddie Mac Multifamily Production and Sales. Comment?
1 hr ago | via Scoop
Heartland Bank increased first-half profit 14 percent as the NZX-listed lender's loan book grew at the same time as it benefited from cheaper funding costs. Net profit rose to $29.1 million, or 6 cents per share, in the six months ended Dec. 31 from $25.6 million, or 5 cents, a year earlier, the Auckland-based company said in a statement. Comment?
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