A report focusing on single-family home and condo sales indicates Dayton Home prices grew rapidly in the last four months. According to Clear Capital’s quarterly Home Data Index, local home prices rose by 6.3 percent. Only Phoenix Arizona saw a higher climb in home prices.
WARRENSVILLE HEIGHTS, Ohio (AP) - A bipartisan group of Ohio and Michigan members of Congress is asking President Barack Obama to help communities in the two states deal with abandoned and vacant homes.
In a letter dated Monday, the 16 lawmakers say stressed local governments need federal support to demolish decaying properties on a large scale.
The letter says weak housing markets in Ohio and Michigan have been devastated by slow population growth. The lawmakers say it's estimated Ohio has more than 70,000 empty homes in such bad shape that they need to be torn down.