Residential

There’s a relatively new U. S. Tax Court case Reesink v. Commissioner, (April 23, 2012) T.C. Memo 2012-118, that could be of interest regarding a 1031 exchange. The Reesinks, husband and wife, [...]

For April 2012, DQ News reported that 19,284 new and resale homes sold Southern California last month. That was down from March by 3.4% and up 5.1% from the 18,344 sold in April 2011. April’s [...]

A strengthening residential market seems to be the rule around central Ohio over the last year and its getting stronger.  First quarter 2012 homes sales for Central Ohio were up 7.1 percent over [...]

It was just announced by Mark Heschmeyer at CoStar News that Blackstone, DRA Advisors and AEW Capital invested in large industrial portfolios valued at a total of $1.5 billion.  That’s over one [...]

For March 2012, DQ News reported that 19,953 new and resale homes sold Southern California last month. That was up from February by 36% and up 2.8% from the 19,412 sold in March 2011.  The [...]

Dublin Ohio’s 800 acre core has been slated for a massive redevelopment effort along Bridge Street from Frantz Road to Sawmill Road.  Now, Dublin has a plan that will redevelop the corridor “into [...]

This is the last reminder because valuation appeals are accepted from December to March 31.  Your chances of winning are about half so it’s well worth doing, but must be done correctly and [...]

Slow steady improvement was the name of the game in Columbus and Central Ohio for February 2012 residential real estate as 1,215 sales closed last month, which is a 5% increase over February [...]

DQ News reported that 15,573 new and resale homes sold Southern California in February 2012.  That was up from January by 7.2% and up 8.4% from February 2011.  Plus it was the best February since [...]

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 [...]

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 [...]

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 [...]

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 [...]

According to Randyl Drummer at CoStar News, non residential commercial construction posted a 4.5% gain in November over same month last year.  All segments showed solid gains. Residential [...]

The residential market is coming back across the state of Ohio so says Ohio Association of Realtors.  The number of single family homes and condos put under contract brought the Pending Home [...]

I know I’ve been posting more residential real estate news over the last week or so than I have commercial.  Commercial real estate pretty much shuts down this time of the year unless you [...]

CoStar News reports that starts of multiunit residential construction were up 32.2% from October 2011 to 230,000, which is the highest since September 2008.  True, the number of new apartment [...]

Homes sales in Central Ohio were 1,406 for the month and that’s up almost 7% over November last year.  Homes going into contract increased 37% last month over a year ago making November the [...]

As Columbus gets ready to celebrate its bicentennial next year, downtown has blossomed with new projects with both condo lofts and apartments.  Walker with Columbus Underground recapped 12 new [...]