Central OH Outlook Boom or Bust?

Central Ohio can expect job gains in 2014 Boom or Bust?

Central OH are Regulations Holding OH Back?

According to economist Bill LaFayette’s annual economic outlook; Central OH can look forward to

  • 18,200 new jobs in 2014.

This is a 1.9 percent increase in jobs and his strongest outlook for the region since he began making the annual forecast 15 years ago. The sectors that LaFayette sees as strong will be:

  • health care,
  • private education,
  • construction,
  • transportation,
  • professional and business services will do well.

Whereas,  government hiring will continue to be weak, following a similar pattern to that which has been seen since the recession.

LaFayette also advised that Central OH needs to improve educational attainment, and needed to attract people from outside the state. Small-business formation in Central Ohio and in the state’s other metro areas is near the bottom when ranked with U.S. metro areas in small-business start up’s.

 

What Do I think ?

Central OH boom or bustJanuary’s housing numbers were down in 2014 at 1337 units sold compared to 2013 at 1458 units sold; also February’s numbers were down in 2014 at 1444 units sold compared to 2013 at 1539. Home owners have realized a 8% gain in equity on their home as home prices have gone up 8% in 2014. I think Central OH has a lot to offer; but is being restricted by regulations which are effecting the economy and the housing market. This makes it a lot harder on home buyers; and the result is fewer homes being sold which effects the over all growth.   What do you think “Are regulations concerning  OH Fracking ,Dodd Frank Act,  and Obama Care hurting or helping the Central OH Home Buyer?” Please post your thoughts and advice

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About corillc

Central Ohio Real Estate Investment LLC - CORI LLC provides honest solutions for OH house sellers; who need to sell fast. We are a local Franklin County home buying service, located at 1900 Polaris Pkwy STE 450-048 Columbus OH 43240. To Learn How to Sell Your House Fast Call 614-412-4403 We help investors with their goals, to grow their portfolio for better returns. Call 614-333-0546 for more Info Columbus Residence can become homeowners with our owners finance program. We have a licensed Realtor on staff to help you with the home buyer programs. Call 614-412-4106 to find out How All the transactions that Central Ohio Real Estate Investment LLC participates in is handled by a licensed Realtor Roger Loesel with Ditter & Associates. Roger's Bio Roger Loesel is originally from Michigan and after graduating from high school went into the US Army Infantry program. Roger excelled in the program and was chosen to enter the US Army Ranger program and was stationed at Hunter Army Air Field in Savanna GA. After 4 years of active service in the Ranger program Roger retired and moved to Ohio. In Ohio Roger attended Northern Kentucky University and studied Marketing. In 2009 Roger Loesel got his Ohio Real Estate license and specialized in working with Columbus OH Home Sellers, individuals looking for a better return in Franklin County and Columbus Residence wanting to be home owners.

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