A story in Bloomberg earlier this week found that hedge fund Magnetar has bought up a significant chunk of the rental stock in Montgomery County’s Huber Heights—and then requested a major reduction in those properties’ values. That reduction, if approved, could affect the city’s taxes and levies.
Home sales numbers are out for September, and the greater Dayton area shows an increase of 21 percent compared to September of 2012. The dollar volume in the first nine months of the year, $1.3 billion, also increased 21 percent compared to the first nine months of 2012.
Nancy Farkas of the Dayton Area Board of Realtors says she sees the most growth in places like Kettering, Centerville and Beavercreek. But overall, she says the outlook is positive across the board.
The monthly Ohio unemployment report scheduled for Friday will be delayed because of the federal government shutdown. That means residents and employers will have to wait to find out whether the slight uptick in the state jobless rate for August continued last month.
The Columbus Dispatch says the state compiles the report using data from the federal Bureau of Labor Statistics and the Census Bureau. The shutdown is affecting both agencies.
Bob Evans Farms says it is growing its business operations in Clark and Greene Counties. The company is looking at a possible expansion in Xenia and further developing its partnership with Springfield's Global Impact STEM Academy. But that comes after an announcement earlier this year that Bob Evans sold its Springfield sausage plant to a Texas company, cutting 52 jobs in Springfield.