OH Real Estate and Investments LLC

Sellers are pulling their homes off the market, and now buyers are stepping back as well. This comes on the heels of a sharply disappointing December pending home sales report from the National Association of REALTORS®.

Can the housing market finally thaw from this deep freeze?

Homebuyers are backing out of deals at the fastest pace in nearly a decade More than 16% of signed contracts on homes in December were canceled, as consumers face continued uncertainty in the economy and rising inventory.

https://www.linkedin.com/news/story/home-sale-cancellations-are-rising-6991721/

Home-sale cancellations are rising | LinkedIn Almost 15% of pending home sales fell through in June, per a Redfin analysis, as buyers become more selective amid an oversupply of inventory.

What is your take on this? Good or bad for Columbus ?

MICROSOFT SAID IT WOULD NO LONGER MOVE FORWARD WITH ITS PLANS TO BUILD A DATA CENTER IN LICKING COUNTY.
The company had planned to invest $1 billion initially toward 3 data center campuses in New Albany, Heath and Hebron.
"We will continue to evaluate these sites in line with our investment strategy," a Microsoft spokesperson told The Dispatch. "We sincerely appreciate the leadership and partnership of Ohio government officials and the support of Licking County residents."
Microsoft plans to ensure the land at two of the three sites will be able to be used for farming and will still carry out development agreements to fund roadway and utility project upgrades, according to the company
Each of the three data center campus were supposed to have one building at first with the potential for several buildings on each site, The Dispatch reported in 2024.
Microsoft's initial investment was to consist of $700 million in building costs and $300 million in machinery expenses. The project was to create 20 jobs to start with.
Read more here:

Microsoft pushes back $1 billion plan for data centers in central Ohio Microsoft will no longer build data centers in three central Ohio towns, the company announced on Monday.

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