What's New in Our Industry?

The BIA of Central Ohio closely follows news reports, industry trends and community information on behalf of our industry. We are also a trusted source for the media, and are frequently contacted to share our expertise for news stories.

06/24/2016

Zillow: The Action Is In Entry-Level Homes

The bottom third of the housing market has grown increasingly competitive, with fewer price cuts on listed homes and faster growing home values than more expensive homes, according to the May Zillow Real Estate Market Reports.

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06/23/2016

New Home Sales Fall 6 Percent in May from Strong April Reading

Sales of newly built, single-family homes dropped 6 percent in May from a downwardly revised April reading to a seasonally adjusted annual rate of 551,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

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06/21/2016

House Approves NAHB-Supported Health Care Bill

The House today approved the Small Business Healthcare Relief Act (H.R. 5447), legislation championed by the National Association of Home Builders (NAHB) that would allow small business owners to help their employees pay for health insurance.

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06/17/2016

Housing Production Holds Steady in May

Nationwide housing starts were virtually unchanged in May, inching down 0.3 percent to a seasonally adjusted annual rate of 1.16 million, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Overall permit issuance edged up 0.7 percent to a seasonally adjusted annual rate of 1.14 million.

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06/16/2016

Builder Confidence Rises Two Points in June

After holding steady for the past four months, builder confidence in the market for newly constructed single-family homes rose two points in June to a level of 60 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). This is the highest reading since January 2016.

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06/14/2016

Homebuilding lags otherwise solid housing market in Central Ohio

Columbus Business First

For all the crowing about a post-recession comeback of Central Ohio’s housing market, one piece of the puzzle is curiously missing.

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06/14/2016

Lenders More Positive on Housing

Demand growth for GSE eligible purchase mortgages over the past three months rebounded to 70% on net, compared with 20% in the prior quarter.

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06/14/2016

The Supply Trap

What's it going to take to release the labor, lots, and lending headlock, to bring in would-be home buyers who can and will repay their loans?

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06/10/2016

More on Millennials

Here's how to see beyond the 'living-with-their-parents' trend to where the sweet-spots are for young adult demand for new homes.

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06/10/2016

Advertise in the Parade of Homes Planbook

Reach Home Buyers During the 2016 BIA Parade of Homes through the Planbook, Event Guide, Print, and Digital ads.

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06/09/2016

Low-Maintenance Features to Offer 55-plus Buyers

Housing Design Matters discusses how to incorporate low-maintenance features inside and out

Most 55-plus communities boast that yard maintenance is included, which is great, but that’s just the beginning. To truly attract the 55-plus buyer, low-maintenance amenities must extend beyond the yard to the entire home. Since these buyers tend to travel often, low maintenance is a big plus.

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06/08/2016

Murphy Parkway extension on track for fall opening

Olentangy Valley News

A $2 million project aimed at helping motorists move more freely through Powell should be completed in the fall.

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06/08/2016

Construction of fourth high school begins

Olentangy Valley News

Dirt soon will turn at the site of the Olentangy Local School District's planned high school in Berlin Township -- the district's fourth.

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06/08/2016

District firm on intent to obtain property

Dublin Villager

The Dublin City School District is giving the owner of the former Verizon Communications building, 5175 Emerald Parkway, 30 days to form an agreement for the sale of the building before it will seek legal action to obtain the property.

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06/08/2016

Building projects reaching finish line

Grove City Record

The South-Western City School District will be completing the final phase of its Ohio Facilities Construction Commission project this summer.

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06/08/2016

Increase in living with parents driven by those ages 25-34, non-college grads

A recent Pew Research Center analysis of census data found that in 2014, for the first time in more than 130 years, 18- to 34-year-olds in the U.S. were more likely to be living in their parents’ home than with a spouse or partner in their own household. A closer analysis of the data helps explain why: Adults in their late 20s and early 30s are living with their parents at record or near-record levels.

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06/01/2016

Trustees welcome new leader

Olentangy Valley News

Orange Township's trustees are united in their support of the township's new administrator. Trustees voted 3-0 on Friday, May 27, to approve a two-year contract with Lee Bodnar. His base salary has been set at $103,000.

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06/01/2016

Leaders aim 'as far west as possible'

Hilliard Northwest News

Hilliard and Norwich Township officials are working together to identify the location of a fourth township fire station and possibly the city's first police substation.

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06/01/2016

Plan two years in the making set for hearing

Westerville News & Public Opinion

After more than two years of work, Westerville may be weeks away from approving its new comprehensive plan.

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06/01/2016

Builders Call for End to Regulatory Overreach During National Homeownership Month

As the National Association of Home Builders (NAHB) celebrates National Homeownership Month in June, builders continue to demand affordable housing for all Americans, calling for sensible reforms to burdensome regulations that increase the cost of housing.

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05/31/2016

Ulry Road rezoning panned again

New Albany News

Last week, zoning attorney Jill S. Tangeman pitched a 61-acre Ulry Road rezoning proposal to Northland Community Council development-committee members for the third time in the past five years.

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05/31/2016

Statement from NAHB Chairman Ed Brady on Supreme Court Wetlands Decision

Ed Brady, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Bloomington, Ill., issued the following statement regarding the Supreme Court's unanimous decision in the case of Army Corps of Engineers v. Hawkes Co. Inc.:

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05/27/2016

Dublin district’s existing boundaries secured in new pact with Columbus

Dublin Villager

The Dublin Board of Education is expected to approve an agreement with the Columbus City School District to permanently secure the surburban district’s boundaries.

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05/26/2016

Apartment and Condominium Market Remains Steady in the First Quarter

The Multifamily Production Index (MPI), released today by the National Association of Home Builders (NAHB) remained essentially unchanged in the first quarter of 2016 after rising one point to 53. This is the 17th consecutive reading of 50 or above.

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05/26/2016

Lot Shortages Worse Than Ever According to NAHB Survey

Lot availability hit a record low according to new data from the National Association of Home Builders (NAHB). Sixty-four percent of builders responding to special questions in the May NAHB/Wells Fargo Housing Market Index reported that the supply of lots in their markets was "low" or "very low"--up from 62 percent last year, and the highest that number has been since NAHB began collecting this data in 1997.

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05/26/2016

NAHB Now Accepting Applications for 2017 Best of 55+ Housing Awards

The National Association of Home Builders (NAHB) 55+ Housing Industry Council is now accepting applications for the 2017 Best of 55+ Housing Awards, which honor excellence in building, design, marketing and lifestyle of housing for boomers.

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05/25/2016

Planned subdivision connector could become divisive issue

Grove City Record

On a recent pleasant spring evening, Southern Grove Estates resident Wayne Smith asked a visitor to soak in the quiet of his neighborhood.

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05/25/2016

Levy, bond issue inch toward November ballot

Hilliard Northwest News

Hilliard school board members are a step closer to the placement of a 4.5-mill operating levy and $50 million bond issue on the November ballot.

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