Foreclosures during the Great Recession added to thousands of blighted properties in Columbus. But, a state program helped fund demolition of many of those houses and apartment units.
The YWCA Columbus will be getting a $20 million makeover for its downtown facility using private dollars and tax incentives.
An early morning apartment building fire on Columbusâ€™ east side forced several families out of their homes.
Ohio State University says it’s paying $12.8 million to a church adjacent to its campus in exchange for the congregation agreeing not to develop student housing on the property.
More and more people are choosing to rent these days instead of taking the plunge and buying a house. And at least some of that can be attributed to the deflated housing bubble and the ensuing credit crunch. WOSU reports experts disagree on whether the increase in renting is permanent.
Three years ago interest rates were at an all time low, and many people were taking advantage of it: buying a home instead of renting. But the buyer’s boom appears to be coming to an end as interest rates continue to rise. And that’s causing the Columbus rental market to be the tightest it’s been in years.