The end of 2009 was better than the end of 2008 for the Columbus real estate market. WOSU reports tax credits continue to fuel buying and selling.
Some retailers use sales of Halloween merchandise as a predictor of sales for the critical holiday shopping season.
August home sales figures for central Ohio show the average price for houses rose by about one percent compared to July.
The state is warning seniors about risky life insurance pitches. The department of insurance alerted older Ohioans to be cautions about arrangements–called STOLI, where an investor group is likely to become the beneficiary of a life insurance policy.
Imagine buying a new computer, a used car, or some new clothes – and not having to pay Ohio’s 5.5 percent sales tax. That’s what one state legislator is calling for – at least for one weekend each year.
For the eighth year in a row liquor sales have increased in Ohio.
U-S home sales will be reported today and Thursday. Real estate analysts will closely watch median price and inventory levels of existing homes to get a good read on housing markets. But, a housing consultant says more consumers in Columbus and other Midwest markets are losing their homes through foreclosure. Mildred Wilkins, founder of Home Ownership Matters of Indianapolis, says that regional housing markets are “depressed.” right now.
With each passing holiday shopping season, more people choose to shop on-line. Forrester Research predicts holiday on-line sales will top $18 billion – that’s a 25% increase over last year. Those figures have tax officials in Ohio and other states seeing red because for the most part, the sales taxes that should be paid for on-line purchases go uncollected. This holiday season, a new effort is underway to try to get more on-line retailers to collect sales taxes.
Today marks the beginning of the Christmas tree buying season.