YP Exchange Focuses on Ohio Hub Plan

Network with young professionals and gather more information on this great initiative to make Ohio (and Columbus in particular) the epicenter for mid-western rail development:

YP Exchange - Tuesday, May 20, 2008 4:30 p.m. – 6 p.m.

Station 67, Columbus Fire Fighters Hall
379 W. Broad Street
Columbus, OH 43215

The Ohio Hub Plan is the State of Ohio’s long-range plan to create a system of fast, frequent passenger rail trains serving Ohio and the region around Ohio. It would develop a 1,244-mile, interstate system of 7 Ohio-based rail corridors with 6 to 8 trains a day on each corridor and enable same-day travel in each of these corridors with convenient arrivals and departures between city-pairs. In total, the Ohio Hub System would serve a region including most of the Great Lakes region as well as Southern Canada and connections to the East Coast. Cities in the Ohio region served by the system would include Chicago, Detroit, Pittsburgh, Buffalo and Toronto.

More about the Ohio Hub Plan can be found at www.ohiohub.com.

Register Here

From the Bottoms Up: Rethinking Columbus’ First Neighborhood

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The Ohio State University
Knowlton School of Architecture
City and Regional Planning Program
cordially invites you to attend:

From the Bottoms Up:
Rethinking Columbus’ First Neighborhood

presented by
The Ohio State University
City and Regional Planning Master Candidates
under the direction of
Adjunct Professors
Kimberly Gibson and Christopher Hermann, AICP
Columbus Firefighters Union Hal l (Local 67)
Former Toledo and Ohio Central Rai lroad Station

397 West Broad Street
Columbus, OH
Wednesday, May 21, 2008
6:30 p.m

R.s.v.p. by Tuesday, May 20
EastFranklinton@gmail.com
Complimentary parking available
in the adjacent Spaghetti Warehouse lot

 

View the full invitation here:
east-franklinton-invitation-may-21st.pdf

Cocktails for Canines - Friday, March 28th

A great event for a great cause:

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C-Note Art Show Rescheduled to March 14th-15th

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JunctionView Studios - 889 Williams Ave. Columbus, OH 43201
March 14th from 7-10:30
March 15th from 7-midnight
Private showing all week by appointment at 614-634-1415
www.cnoteartshow.com for all details

Relief on the Horizon?

I hope some of my readers out there decided to take a snow day today, it’s getting pretty nasty out there. But it’s a been long time since we’ve had a good old-fashioned snowstorm! So I say grab the sleds and the hot chocolate and enjoy!

Some good news that hit my inbox today was from the National Association of Realtors outlining some of the mortgage-related aspects of the economic stimulus passed by Congress. We’ve all heard about the $300-$1200 refund checks taxpayers will receive soon, but less talked about are how the government-backed loan companies are trying to make funds more liquid and help reduce interest rates even further. Is this a silver-bullet remedy that will put us back on track toward a speedy recovery? Probably not, but it’s a good start:

The new FHA and Fannie Mae- Freddie Mac conforming loan limits have been released by the U.S. Department of Housing and Urban Development.

To find out the new limits in your area, simply click on this link: https://entp.hud.gov/idapp/html/hicostlook.cfm, which will take you to the “mortgage limits” page at the HUD web site. On that page, enter your state and county information, chose the type of loan from the “Limit Type” drop-down box (FHA Forward, Fannie/Freddie or HECM). [Note: FHA Forward is what HUD is calling the temporary FHA loan limit.] Then click the “send” button at the bottom of the page. On the results page, you’ll see the new loan limit for the type of loan you selected for your area.

The new loan limits for FHA and Fannie Mae and Freddie Mac are now calculated at 125 percent of the HUD published median prices, with a floor of $271,050 and $417,000, respectively, not to exceed $729,750.

We expect the impact of these loan limit increases on the housing market to be significant because of the infusion of capital into the mortgage market, which should result in lower interest rates across the board. In addition, there will be a direct impact on high-cost areas that previously required borrowers to take out costlier jumbo mortgages.

As NAR research points out, increasing FHA loan limits will help an additional 138,000 Americans achieve the dream of home ownership and will allow nearly 200,000 homeowners to refinance and potentially keep their home. In addition, NAR believes that increasing the loan limits for Fannie Mae and Freddie Mac will bolster the housing finance market, which continues to be severely stressed, by providing an immediate infusion of much needed liquidity to the nation’s mortgage market.

An economic impact study conducted by NAR in January 2008 estimated that increasing the GSEs’ conforming loan limits would result in as many as 500,000 refinanced loans and could help reduce foreclosures by as much as 210,000. In addition, over 300,000 additional home sales could be generated, housing inventory would be reduced and home prices would be strengthened by two to three percentage points.

HUD was mandated in the Economic Stimulus Act to publish new loan limits within 30 days of the bill’s signing by President Bush on February 13. NAR strongly supported this economic stimulus package because of the relief we felt it would bring our members.

German Village Apartment For Rent - 1/2 Block to Schiller Park

LEASED!
German Village - $850/mo - 950 Sq Ft - 1BR, 1 Bath - 1/2 Block from Park!

  • Contact Me for a Showing
  • See All For Rent Listings
  • Charming German Village Apartment in Superb Location
    • Newly Remodeled Kitchen
    • Hardwood Floors & Exposed Brick
    • Patio, Terrace & Large Yard
    • Washer & Dryer Stay
    • Pets OK
  • Close to it All!
    • 1/2 Block from Schiller Park
    • Steps to Easy Street Cafe, German Village Coffee Shop, Thurman’s
    • Easy Access to High St., Highways

Columbus Identity Crisis Event - February 19th

Check Out www.ColumbusMetroClub.org for More Info:

Dublin Condo For Sale - Many Updates

Downtown Columbus Loft For Rent

Sixty Spring #107 - $845/month - 598 Sq Ft - 1BR, 1 Bath - Garage Parking!

  • Industrial & Modern Living in Central Downtown
    • Granite Counters
    • Concrete & Tile Floors
    • Stainless Steel Appliances
    • Washer & Dryer Included
    • Pets OK
  • Superb Central Downtown Location
    • Concierge Service
    • Gas, Internet and Cable Included in Rent
    • Rooftop Deck
    • Secure Garage Parking

Jeffrey Place Announces New Green Floorplan


With the completion of their much awaited loft building nearing, developers at Jeffrey Place announced a new, affordable floorplan in their ultra eco-friendly North Block development.  The newest design draws from the original 3-story townhome plan, and essentially eliminates the lower level.  The result is a two-story, two-bedroom, green home for under $200,000.  Buyers will enjoy over 1000 square feet of green living that includes solar-panel electricity, geothermal heating & cooling, bamboo wood floors, rainwater retention and ‘living roof’ carports.  Contact me to see the ‘vignette’ or check out additional renderings and floorplans on the For Sale 43215 page.