buildingcincinnati

From the 1/29/07 Independent Collegian: Library work moves ahead Melinda Lauber Issue date: 1/29/07 Section: News Construction in Carlson Library is finally underway, but not everybody is excited with the timing. Terry Biel, a junior majoring in music and chairman of the Student Senate, is worried the Information Commons project is cutting its deadline too close. MORE: http://www.independentcollegian.com/media/storage/paper678/news/2007/01/29/News/Library.Work.Moves.Ahead-2682968.shtml

Link contains a photo. From the 4/20/07 Kentucky Post: Newport: New housing for public tenants By Greg Paeth Post staff report The Newport Housing Authority is creating new homes for some of the tenants who were forced to move out of the housing project that was leveled to clear the way for a new development in the city's northwest corner. The agency is committed to building 192 rental units as well as at least 54 homes that will be available for sale, said its executive director, Joe Condit. Condit said the blend of rentals and owner-occupied housing reflects the theory that public housing should no longer be concentrated in one neighborhood where all of the property is for rent. Like public housing agencies all over the country, the Newport agency is attempting to move its tenants into homes throughout the city, avoiding high concentrations in any one neighborhood. The housing authority plans to award a contract that calls for the construction of 15 homes that will be offered for sale along Liberty Street between Seventh and Eighth streets and nearby on Isabella Street. A separate contract with a bid deadline of April 27 covers eight new homes that would be built in the 600 block of Saratoga Street, Condit said. MORE: http://news.cincypost.com/apps/pbcs.dll/article?AID=/AE/20070420/NEWS02/704200352/ Knox Church Breaks New Ground Cincinnati.com, 4/17/07 After much planning and preparation, on April 15, 2007 Knox Church in Hyde Park celebrated the start of construction for their new space. A crowd gathered on the Observatory side of the property, braving the cold winds and thankful for no rain, to share together the hope for the future that such an undertaking exibits. Grant working on a new school Kentucky Post, 4/16/07 Where Grant County cattle recently roamed, kids in a year and a half will be grazing on math, social studies and CATS tests. The county school district last week continued to grade the site of the new Sherman Elementary School off U.S. 25, following a March groundbreaking. The 74,000-square-foot school building will cost $12.8 million, with road construction and landscaping bringing the project price tag to $15.3 million. It is expected to accommodate 500 to 550 students when it opens for the 2008-2009 school year, said Grant County Schools spokeswoman Nancy Howe. "We are in a real good position because we're not seeing the explosive growth you see in Boone County," she said, "but we are growing in the northern part of the county." The county population was 22,384, according to the 2000 U.S. Census. Just five years later, it estimated the county had grown to 24,610, an increase of 9.9 percent. And that doesn't include the 157 building permits issued in 2005. Church spreads its wings Cincinnati Post, 4/16/07 While remodeling their new home in downtown Cincinnati, members of the Uptown Church hit an obstacle they didn't expect. For weeks since they had bought the old Trinity Methodist Church building at 118 W. Ninth Street, they had smelled gas, but didn't know why. A technician from Duke Energy found the answer in vertical channels cut into the building's 144-year-old walls, which are made from thick rows of brick. Pipes for gaslights, long rusted away, had formed the channels, which were now leaking gas. At 12,500 square feet, the structure's a little more than twice the size of the church's present home, the former Uptown Theater at 18 E. McMicken Ave. in Over-the-Rhine. "We're getting into a bigger building, but we still have an outreach into the inner city," said pastor Keith Gabbard. "We don't feel like we're abandoning who we came here to minister to." New skate park to alleviate school damage Cincinnati Enquirer, 4/15/07 Skateboards have worn down steps and benches in Newport Middle School's parking lot where teenagers often congregate. This puts school officials in the tough position of choosing whether to run the skaters off the property into the city, where they could get hurt, or let them skate in the parking lot, where they can also get hurt and do damage, said Paul Baker, youth services center at the middle school and the grant writer for the skate park. By October, school and city leaders hope to have a skate park underneath the Interstate 471 overpass by Newport High School to send the skaters to. "There is nowhere to send them to," Baker said. "If we have a park, we will not be so reticent to say leave the parking lot. Skating is not going away. ... If anything, it is increasing." The city applied this week for a $25,000 state grant to help build $67,000 worth of ramps, grind boxes, rails and other features for a skate park to open by October. Deer Park working on first master plan Cincinnati Enquirer, 4/15/07 Since 1912, when it was incorporated as a village, Deer Park has never had a comprehensive master plan. That's going to change. The city is working on a plan to "set the path to the future," said Michael J. Berens, Deer Park safety-service director. The master plan will cover regulations and goals for land use, economic development, planning, zoning and a maintenance code. Berens needs residents to volunteer to create the master plan through a year-long series of monthly two-hour meetings.

From the 3/26/07 Dayton Business Journal: Developer embarks on $19M Clayton project Dayton Business Journal - March 23, 2007 by Yvonne Teems DBJ Staff Report A Miamisburg developer is beginning to move dirt on a $19 million residential development in Clayton that will fill a gap in the community's residential housing. Midlife Development is building a 110-home community called Wenger Village that includes 77 empty nester homes and 33 homes geared toward second-time buyers on the southern side of Wenger Road, said Sam Knobler, president of the company. The mix of empty-nester and higher-end homes will meet a housing need in the Clayton community that will help keep residents living in town and sending their children to the Northmont School District, said Dave Rowlands, Clayton city manager. MORE: http://dayton.bizjournals.com/dayton/stories/2007/03/26/story5.html

From the 4/20/07 Youngstown Vindicator: Mahoning commissioners deny annexation request NEW SPRINGFIELD — Mahoning County commissioners have denied a developer's request to annex 18.5 acres of Canfield Township to the city of Canfield. Sebastian Rucci is planning to build 54 single-family homes on acreage in Canfield Township at state Route 446 and U.S. Route 62. Rucci would like to annex the property into Canfield city so the development can have sewer and water service. http://www.vindy.com/content/local_regional/295269570201177.php Coming soon, a theater near you Lisbon Morning Journal, 4/20/07 Renovation is in full swing at the historic Columbiana Cinema in downtown Columbiana. The cinema will be updating the exterior and the interior to provide a more pleasant environment for film buffs.

From the 4/19/07 DDN: Council delays vote on project By Lawrence Budd Staff Writer Thursday, April 19, 2007 WAYNESVILLE — The Village Council postponed until May 7 a final vote on the Oberer development. Rather than conduct a final vote on April 9 during a special meeting called for this purpose, the council agreed to give Oberer another month to resolve more than 20 issues with the proposed 480 acre, 800-home planned unit development. "It is council's desire to give any developer proposing a PUD every opportunity to demonstrate how the proposal will enhance the community and the overall quality of life in the village," Village Manager Bruce Snell said. http://www.daytondailynews.com/community/content/oh/story/news/local/neighbors/2007/04/19/ddn041907waynesville.html

From the 4/18/07 Boone County Recorder: Richwood homes get OK BY PAUL MCKIBBEN | COMMUNITY RECORDER STAFF WRITER BURLINGTON - The Boone County Fiscal Court has given unanimous approval for an 11-home subdivision in Richwood. The homes will be built on an 11.27-acre site on Richwood Road north of the intersection of Richwood and Chambers roads. Developers were able to get back one of the lots in a subdivision that was eliminated when the Boone County Planning Commission reviewed the project. In another change from when the commission considered the project, the subdivision's road will be a county street instead of a private road. Read more here: http://news.communitypress.com/apps/pbcs.dll/article?AID=/20070418/NEWS01/704180404/1064/Local

Link contains photos. From the 4/20/07 Enquirer: Cop shoots man in the arm BY QUAN TRUONG | [email protected] WEST END ­- A man was taken to the hospital early Friday morning after an officer shot him. It was the third time in about a week that officers have fired their guns, Cincinnati Police Chief Tom Streicher said. The incident began around 1 a.m. when Officer Jason Rees, 25, observed two men engaging in what police said was suspicious activity on Linn Street near Findlay. http://news.enquirer.com/apps/pbcs.dll/article?AID=/AB/20070420/NEWS01/304200020/

From the 4/20/07 ABJ: Ban will go up in smoke in Portage County's health department says it doesn't have enough manpower for enforcement, needs new levy By Tracy Wheeler Beacon Journal medical writer The statewide ban on public smoking will take effect May 3. At least it's supposed to. In Portage County, though, the question is: Who's going to enforce it? In nearly every Ohio county and city, the job of enforcement will fall to the local health department. But Portage County Health Commissioner DuWayne Porter said his department simply doesn't have the money to do that job. "We haven't passed a levy since 1955,'' he said. "Our financials and staffing are such that we can't afford an unfunded state program, even for the most important public health program to come along in my career of 30 years.'' Read more: http://www.ohio.com/mld/ohio/living/health/17107854.htm?source=rss&channel=ohio_news

From the 4/20/07 Lima News: Board waiting to vote on school funding amendment Beth L. Jokinen | [email protected] - 04.20.2007 LIMA — A Lima school board member said she isn’t comfortable voting to support an initiative to get a constitutional amendment involving school funding on the ballot until the community has the chance to weigh in. The board was to vote on a resolution to support the Getting It Right for Ohio’s Future campaign at Thursday’s board meeting, but Bobbie McGinnis requested that it wait to get input from the community. “I feel we need more time to study the resolution and give the public a chance to register their concerns,” she said. “This is a very serious decision.” MORE: http://www.limanews.com/story.php?IDnum=37580 From the 4/19/07 St. Mary's Evening Leader: Questions remain over school funding By KAY LOUTH Staff Writer WAPAKONETA — Prior to an evening celebrating students, several local school administrators and board members took the opportunity to hear more about a proposal to make school funding a constitutional amendment. At Wapakoneta High School Wednesday night, Buckeye Association of School Administrators Executive Director Jerry Klenke addressed educators about the proposal. The project is part of the drive to get 420,000 signatures on a petition to get the issue on the November ballot. New Bremen school kicked off their petition drive April 13 at the school’s open house according to K-8 Principal Karen Smith and Board of Education President Mark Barhorst, both of whom are in favor of the movement. Over the past 10 years, the Ohio Supreme Court has ruled that Ohio’s method of funding schools is unconstitutional. Calling the effort the school association’s response to get legislators to act, Barhorst said, “It’s been 10 years and here we are today virtually the same.” MORE: http://www.theeveningleader.com/index.php?option=com_content&task=view&id=5216&Itemid=27

From the 4/20/07 Tiffin Advertiser-Tribune: Residents again rally for courthouse By Zachary Petit, [email protected] With more citizen input at a public meeting Thursday and a rally planned for next week, some locals are continuing the battle to save the 1884 courthouse slated by the county to be either totally or partially razed. Among other speakers, long-time local Kenneth Davison addressed the Seneca County commissioners at their board session Thursday, inviting them to attend a courthouse rally and press conference 10 a.m. April 28 at the building. Full story: http://www.advertiser-tribune.com/articles.asp?articleID=7725

Both from the 4/20/07 Warren Tribune Chronicle: Delphi bankruptcy extended By staff, wire reports DETROIT — Delphi Corp.’s planned emergence from bankruptcy protection will be delayed, and a key investor is likely to pull out of a deal to pump up to $3.4 billion into the troubled auto parts maker, the company said Thursday. A spokeswoman for Troy-based Delphi said it expects Cerberus Capital Management LP to leave a group of investors that in December pledged to sink capital into the company in exchange for new shares of its stock. Delphi, which employs about 1,000 at its Warren-based Packard Electric division, will proceed with an investment group of Appaloosa Management LP, Harbinger Capital Partners Master Fund I, Merrill Lynch & Co. and UBS Securities LLC, she said. ... AP Business Writer Tom Krisher contributed to this report. http://tribune-chronicle.com/articles.asp?articleID=17140 GM global car sales lead to record By The Associated Press General Motors Corp. said strong demand in Asia, Latin America and other emerging markets led to record global sales in the first quarter of 2007, according to preliminary sales figures released Thursday. The Detroit automaker said it sold 2.26 million vehicles worldwide in the quarter. Sales were up 67,000, or 3 percent, compared with the first quarter last year. GM’s global market share is estimated at 13 percent, compared with 13.1 percent a year ago. First-quarter 2007 sales of 1.36 million outside the United States accounted for about 60 percent of GM’s total global sales, growing close to 10 percent compared with the same period a year ago. That outpaces the industry average growth rate of 5 percent, the automaker said. ... http://tribune-chronicle.com/articles.asp?articleID=17112

From the 4/20/07 Newark Advocate: Buckeye Lake's largest housing project may break ground later this year By MARK SZAKONYI Advocate Reporter NEWARK -- Construction on the largest housing development in Buckeye Lake's history likely will begin later this year, the developer's spokeswoman said. Plans call to begin building the first 100 condominium units sometime this year, but currently no plans are in place to begin building the single-family home portion, said Alisa Argust, who represents Hunts Landing LLC. The developer's request to rezone 118 acres in the eastern part of the village from agriculture to residential use was unanimously approved last week by the Buckeye Lake Village Council. About 53 acres were rezoned for 176 condominium units and about 64 acres were rezoned for 176 single-family homes, said Valerie Hans, the village's development director. Connie Klema, who also represents Hunts Landing LLC, said the condominiums will cost $250,000 or more and will be known as The Landings of Maple Bay. Full story at http://www.newarkadvocate.com/apps/pbcs.dll/article?AID=/20070420/NEWS01/704200302/1002/rss01

From the 3/29/07 Lorain Morning Journal: Cities look to lure industry KATE GIAMMARISE, Morning Journal Writer 03/29/2007 LORAIN -- Lorain officials are proposing an agreement with Sheffield Village to develop land for industry in the village and split the income tax from potential development. The agreement would create a joint economic development zone -- a pact permitted under state law for two municipalities to develop vacant land. http://www.morningjournal.com/site/news.cfm?newsid=18141555&BRD=1699&PAG=461&dept_id=46371&rfi=6 From the 3/29/07 Sun: Lorain Morning Journal: North Ridgeville clinic plans falter (3/14/07) Clinic deal is dead Plans are called off for a medical facility near I-480 Thursday, March 29, 2007 By Kim Guffey The Sun NORTH RIDGEVILLE The Cleveland Clinic backed out of plans that called for a Fairview Hospital facility on the former site of a trailer park on Lorain Road. "We made a decision not to duplicate services in that area," confirmed Heather Phillips, Cleveland Clinic media relations manager. Instead, the medical company will expand plans for a similar building, called Chestnut Commons, in Elyria. http://www.cleveland.com/sun/sun/index.ssf?/base/news-0/1175188423129820.xml&coll=3 From the 3/28/07 Elyria Chronicle-Telegram: Residents unmoved by Rt. 58/Pyle connection Lisa Roberson | The Chronicle-Telegram AMHERST TWP. Plans for building an expensive new roadway local officials say will spur development are in the works despite residents concerns that its being pushed before any hint of development begins. The thoroughfare, which is in the early stages of planning, will link state Route 58 and Pyle-South Amherst Road with a four-lane boulevard, complete with a landscaped median, tree lawn, and meandering sidewalks. http://www.chroniclet.com/2007/03/28/residents-unmoved-by-rt-58pyle-connection/

Rezoning sought for two sites on Sinclair Road ThisWeek Northland, 4/19/07 Northland Community Council's development committee is slated to hear a rezoning request at its April 25 meeting that could allow an auto maintenance shop to open at 5960 Sinclair Road. If ultimately approved by Columbus City Council, the request to rezone the 0.41-acre site just south of Sinclair Road's intersection with state Route 161 would allow practically all commercial uses on the site, with the exception of fuel sales and car wash facilities. The property, purchased in 1994 for $90,500 by Clyde E. Price, 5379 Sinclair Road, is currently zoned L-C-3, which allows commercial uses except those related to automobiles. The request asks to rezone the site as L-C-4, which would allow the auto shop on the site. An existing building on the site, which was built in 1996 and once housed C. E. Price Door Co., would be renovated to accommodate the new facility, according to Shannon Pine, a planner in the Columbus Development Department. The department's zoning staff will review the request today (April 19).

From the 4/16/07 Dayton Business Journal: Industrial park to add 97 acres Dayton Business Journal - 1:31 PM EDT Monday, April 16, 2007 Tipp City received a state grant to help it add 97 acres to an existing industrial park. Lt. Gov. Lee Fisher announced Monday the city will receive $288,000 from the Industrial Site Improvement Fund to install roads, utilities and make other improvements on the $1.06 million project. The Northgate Commerce Center Industrial Park is located at the intersection of Blauser Drive and Kinna Drive and now has 55 acres and three tenants in two, 120,000-square-foot buildings. One of the tenants, Transfreight LLC, intends to expand its existing 120,000-square-foot building or add a sister building in the new part of the industrial park. It currently has 92 workers and will add 50 with the expansion, said Brad Vath, assistant city manager and community and economic development director for Tipp City. MORE: http://dayton.bizjournals.com/dayton/stories/2007/04/16/daily5.html?surround=lfn From the 4/5/07 Yellow Springs News: Yellow Springs News: Did Fogg debate serve Yellow Springs? (4/5/07) Yellow Springs News: Fogg on April 2 Council agenda (3/29/07) Yellow Springs News: Affordability sticking point on pre-annex agreement (3/22/07) Yellow Springs News: Fogg annex first reading approved (3/8/07) Yellow Springs News: Forum considers annex issues (2/22/07) Yellow Springs News: Fogg annex forum sparks many questions, concerns (2/15/07) Yellow Springs News: Annex legalities, agenda addressed by Council (2/8/07) Yellow Springs News: Final draft of Fogg report raises questions, concerns (2/8/07) Yellow Springs News: Fogg farm annex sparks strong community response (2/1/07) Fogg farm sold to unknown buyer: annex withdrawn By Diane Chiddister The possible annexation of the Fogg farm came to an abrupt halt on Wednesday, March 27, when the farm’s owners sold their land to an anonymous buyer who purchased it with the condition that the annexation petition not move forward. Like the name of the land’s new owner, the future of the Fogg farm remains unknown, except that at the present time, there are no plans for annexation or development, according to attorney Barry Reich of the Springfield firm Cole, Acton, Harmon, and Dunn, who handled the transaction. “At this time it will stay in agriculture,” Reich said in an interview on Thursday. While Reich said he and the buyer have not discussed future plans for the property, the move indicates that the buyer does not have immediate plans for annexation. MORE: http://www.ysnews.com/stories/2007/04/040507_farmbought.html Bicycle/pedestrian bridge across I-675 proposed Dayton Daily News, 4/19/07 The disconnect between Wright State University and the Mall at Fairfield Commons caused by Interstate 675 may be bridged by 2010 if a proposed bicycle/pedestrian path across the interstate is built. "If anyone wants to get across I-675, they have to do it by automobile. The bridge will provide an alternative means of getting across I-675," said Roger Brislawn, chairman of Beavercreek's Bike Advisory Board. "The only option currently is the bridge along North Fairfield Road. It's a hazardous option." A pedestrian bridge across I-675 had been proposed in the 1970s before the interstate was fully completed, but was never built. After Brislawn heard about the bridge, he raised the issue about a year ago with the city of Beavercreek.

Great set! I think I like the second Genius one the best.

From Cox News Service, 4/18/07: Lenders will try to tackle mortgage crisis In congressional meeting, Ohio lawmakers call spike in foreclosures a cloud that is dragging communities down. By Marilyn Geewax Cox News Service Wednesday, April 18, 2007 WASHINGTON — After an Ohio lawmaker warned Congress on Tuesday about the "dark and foreboding cloud" hanging over the economy as home foreclosures increase, lending giants Fannie Mae and Freddie Mac said they are creating new mortgage options to help borrowers avoid losing their homes. In addition, Federal Deposit Insurance Corp. Chairman Sheila Bair urged lenders to help beleaguered borrowers restructure their mortgages, which "would bring them back to good standing, allow them to repair their credit histories, and dampen the impact that foreclosures may have on the broader housing market." The Federal Reserve Board seconded her suggestion, urging lenders to develop "prudent workout arrangements" to help homeowners avert foreclosures. ... More at: http://www.daytondailynews.com/n/content/oh/story/news/business/2007/04/17/ddn041807mortgage.html

From the 4/17/07 Dispatch: * GRAPHIC: Troubled loans Chase foreclosures run high Bank acknowledges numbers but says data 'misleading' Tuesday, April 17, 2007 Denise Trowbridge THE COLUMBUS DISPATCH JPMorgan Chase is drawing attention for the number of its mortgage loans that end up in foreclosure. Chase mortgages accounted for a larger share of foreclosures in Franklin County than those made by other local banks, according to the Service Employees International Union. The union analyzed court documents and federal mortgage-lending data for the four largest banks by market share in Franklin County. ... More at: http://www.dispatch.com/dispatch/contentbe/dispatch/2007/04/17/20070417-C1-02.html

From the 4/16/07 Cincinnati Business Courier: Loan woes take local toll Ohio tops nation in 4Q foreclosures Cincinnati Business Courier - April 13, 2007 by Steve Watkins Staff Reporter Problems with the subprime lending market are combining with weakness in the housing market to make life difficult not just for borrowers but also for lenders. And the problem is hitting home locally. The numbers tell the tale. Ohio foreclosure filings jumped 24 percent last year to 79,000, according to nonprofit research firm Policy Matters Ohio. The increase of 15,000 marked the largest gain in recent history. Ohio and Indiana had the two highest foreclosure rates for home mortgages in the fourth quarter, according to the Mortgage Bankers Association. Ohio's nation-leading 3.4 percent foreclosure rate soared above the national average of 1.2 percent. Meanwhile, 4.5 percent of subprime loans nationwide were in foreclosure. ... More at: http://cincinnati.bizjournals.com/cincinnati/stories/2007/04/16/story1.html

Link contains a photo. From the 4/15/07 Warren Tribune Chronicle: Foreclosure fears By RAYMOND L. SMITH Tribune Chronicle WARREN — JoAnne Montagliani has survived the loss of many of the things she has held most dear over the years. Her husband. Her health, including a bout with cancer, injuries from a serious automobile accident and the replacement of her knees. And, more recently, the loss of three cats. After nearly 40 years in her Clermont Avenue home, Montagliani faces another tough battle: prevent foreclosure of the house she’d already paid off before loan enticements began rolling in. ... More at: http://tribune-chronicle.com/articles.asp?articleID=16912

From the 4/10/07 Enquirer: Anti-foreclosure group meets BY JON CRAIG | [email protected] COLUMBUS – A state task force hopes to recommend solutions to Ohio’s home foreclosure crisis in two months. “I would love to have a plan by the end of June,’’ state Commerce Director Kimberly Zurz said. “We will know what kind of options we have.” During its first meeting today, the 25-member task force created by Gov. Ted Strickland identified problems to be addressed by subcommittees comprised of lenders, legislators and public advocacy groups. They agreed borrowers and banks need to be better educated to avoid foreclosure and that new laws are needed to rein in problem lenders. ... More at: http://news.enquirer.com/apps/pbcs.dll/article?AID=/20070410/BIZ01/304100050/1076/rss01 From the 4/10/07 Lorain Morning Journal: Foreclosure rates on the rise in first quarter '07 ALEX M. PARKER, Morning Journal Writer 04/10/2007 ELYRIA -- So far this year, foreclosures are up in Lorain County -- and not just in areas such as Lorain and Elyria. Avon, Avon Lake, North Ridgeville and Oberlin all saw sharp increases in the number of home foreclosures during the first quarter of 2007, according to Lorain County Clerk of Courts Ron Nabakowski. In the first quarter of 2006, there were 448 foreclosures processed in the county. In the first quarter of 2007, there were 627 foreclosures -- an increase of 40 percent. ... More at: http://www.morningjournal.com/site/news.cfm?newsid=18188414&BRD=1699&PAG=461&dept_id=46371&rfi=6

From the 4/5/07 Marysville Journal-Tribune: Living in fear of foreclosure Many in Union County, and across Ohio, are trapped in a financial pitfall By EMILY MASTERS Home foreclosures have steadily been on the rise in Union County, as in much of the state. Ohio leads the nation in foreclosures, and according to a study by the Mortgage Bankers Association, Ohio has ranked No. 1 since 2004. The Friday, March 23 edition of the Marysville Journal-Tribune listed 36 legal notices for "Sheriff's Sale of Real Estate." Eight years ago, Union County might have had 10 listings in a year, according to the sheriff's office. Now, the county averages 15 to 40 notices each month. ... More at: http://www.marysvillejt.com/web/index.php

From the 4/4/07 Times-Reporter: Cold, hard truth Foreclosures show no signs of slowing down By ZACH LINT, T-R Staff Writer There are three constants in Tuscarawas County’s foreclosure numbers – Thursday sheriff’s sales, attorney Steven A. Anderson of New Philadelphia and a weekly increase in the number of foreclosures. “It used to be if I had two or three sales a week that was significant,” Anderson said, noting the only sale he’s missed in the last year was during a week when he was on vacation. “This year, I’ve already had nine properties to buy back at one sheriff’s sale. In a three-week span I’ve had nine, eight and six, so that’s saying something.” If anything, the county’s foreclosure market seems to be getting worse. ... More at: http://www.timesreporter.com/index.php?ID=66199&r=0

From Business First of Columbus, 4/2/07: Ohio foreclosure outlook still dicey Business First of Columbus - March 30, 2007 by Adrian Burns Business First After three years of steady increases, foreclosures in Ohio took a big jump in 2006, helping cement the state's reputation as a hotbed for mortgage failures. A new report from Policy Matters Ohio, a public policy think tank in Columbus, found foreclosure filings in Ohio jumped nearly 24 percent last year to 79,072. The surge reflected the fallout from a housing market that experienced a full year of declining sales as rising mortgage interest rates slowed demand. But the rising rates also meant higher monthly payments for growing legions of Ohioans holding adjustable-rate mortgages - loans that carried low entry rates that are now on the rise and costing borrowers more. ... More at: http://columbus.bizjournals.com/columbus/stories/2007/04/02/story1.html

Both from the 3/30/07 DDN: Foreclosures have moved to suburbs in Ohio Report: 73% of subprime loans made in middle, upper income areas in '05. By William Hershey Staff Writer Friday, March 30, 2007 COLUMBUS — Ohio's home foreclosure crisis, already a near epidemic in some urban neighborhoods, has moved to the suburbs. A new report released Thursday showed that 73 percent of the subprime loans that have ignited the crisis were made in middle and upper income areas — often suburbs — in 2005, while just 27 percent were made in low and moderate income areas. The trend applied in all area counties. Warren County had the highest percentage in the area — 87 percent in middle and upper income areas. ... More at: http://www.daytondailynews.com/n/content/oh/story/news/local/2007/03/29/DDN033007housing.html Adjustable rate mortgages part of foreclosure crisis 'Teaser rates' start out low then increase dramatically. 200,000 Ohio families could be affected in 2007-08. By William Hershey Staff Writer Friday, March 30, 2007 COLUMBUS — They're called "teaser rates" and they could make Ohio's mortgage foreclosure crisis even worse in coming years. The loans are for adjustable rate mortgages (ARMs) with low, fixed interest rates for the first two or three years. After that initial period, the rates increase, as often as every six months, so that monthly mortgage payments grow dramatically, according to a report released Thursday by the Coalition for Homelessness and Housing in Ohio. According to the report, $14 billion in ARM "teaser rate" loans will be reset in Ohio this year and in 2008, likely creating an increase in foreclosures and affecting at least 200,000 families. ... More at: http://www.daytondailynews.com/n/content/oh/story/news/local/2007/03/30/ddn033007housinginside.html