http://www.irs.gov/newsroom/article/0,,id=254383,00.html It’s that time of the year again. This one is scary. It’s bad enough having your identity stolen let alone have the perp [...]
Randyl Drummer of CoStar News wrote an interesting article on adaptive reuse, and primarily of surplus U.S. government property. Since construction financing is still very difficult to obtain [...]
Just a reminder. Valuation appeals are accepted from December to March 31. Your chances of winning are about 50 – 50 so it’s well worth doing, but must be done correctly. Lock [...]
The Utica shale gas resources are forecasted to bring an addition 65,000 at an average $50k per year to the long suffering Northeast sector of Ohio. The area has been Ohio’s highest chronic [...]
The first half of 2011 saw strong leasing and buy activity, but after the debt limit negotiations last summer, the 2nd half was gripped by uncertainty and near certainty of a double dip. Fears [...]
Better times continue to get better for Columbus and Central Ohio residential real estate as 1,125 sales closed last month, a 6% increase over January 2011. Better yet is that 1,845 residential [...]
DQ News reported that 14,523 new and resale homes sold last month. That was way down from December by 24.5% but up .4% from January 2011. Normally, sales are down from December to January [...]
Commercial real estate lenders are expecting to build on a very good 2011 with a stronger 2012. Barring international shocks such as a war with Iran or disruption in oil supplies, 2012 should [...]
Randyl Drummer from CoStar news writes, and I agree, that retail rents will begin to rise this year. It’s not so much a huge increase in demand as much as there is virtually no increase in [...]
I though this also might be of interest to a few of my readers. A comment came up on a residential blog named Active Rain that I also wanted to address here. I’m on the [...]
For the first time in five years, a majority of banks are considering growing their loan portfolio due to improving conditions in just about all sectors of the economy. There’s neither an [...]
Valuation appeals are accepted from December to March 31. Your chances of winning are about 50 – 50 so it’s well worth doing, but must be done correctly. Take a look at the short [...]
It’s back! Business is cranking again and the phone is ringing. CoStar news reports that the dollar volume of commercial real estate transactions are back up to historical long term average and [...]
The unseasonably warm January weather has helped keep many of the new Columbus Ohio commercial real estate downtown projects on or ahead of schedule. Walker Evans from Columbus Underground brings [...]
Thanks to Steve Rosansky, a tax and 1031 exchange specialist attorney in Southern California, for bringing this to our attention. This post is more for my Central and Northern California [...]
Randyl Drummer from CoStar News reports that office space absorption doubled in 2011. Vacancies declined in nearly 2/3rds of the markets as the office using job base has expanded. Existing [...]
Positive net absorption has continued for the last eight consecutive quarters. The first half of the year was strong then third quarter weakened due to the uncertainly caused by the U.S. debt [...]
Columbus and Central Ohio had 19,956 single-family and condo home sales during the year 2011. There were 19,700 residential home sales in 2010. 2011 was only 1.3 percent behind 2010 according to [...]
This came up twice this morning while talking with clients so I thought maybe I should try to bring a little clarity to this again since it’s about 50 posts back. Under IRS Section 1031, cash or [...]
DQ News reported that 19,247 new and resale homes sold last month. That was up for December from November by 14% but down 1.4% from December 2010. Normally, sales are up from November to [...]