You have reached your limit of free articles this month.

Enjoy unlimited access to SpringfieldNewsSun.com

Starting at just 99¢ for 8 weeks.

GREAT REASONS TO SUBSCRIBE TODAY!

  • IN-DEPTH REPORTING
  • INTERACTIVE STORYTELLING
  • NEW TOPICS & COVERAGE
  • ePAPER
X

You have read of premium articles.

Get unlimited access to all of our breaking news, in-depth coverage and interactive features. Starting at just 99c for 8 weeks.

X

Welcome to SpringfieldNewsSun.com

Your source for Clark and Champaign counties’ hometown news. All readers have free access to a limited number of stories every month.

If you are a News-Sun subscriber, please take a moment to login for unlimited access.

breaking news

Classes resume Tuesday after West Liberty-Salem HS shooting

Cincinnati area Homearama going on now; Dayton home show pushed to 2014


The Home Builders Association of Dayton has selected the subdivision Auteur Estates in Clearcreek Twp., in Warren County, as the site of the trade group’s next luxury home show Homearama.

The show’s date was pushed back from fall 2013 to June 2014, said David Klass, of Dominus Development, this year’s president of the Dayton Home Builders Association, and the developer of Auteur Estates. By delaying the home show, it gives more time for builders to finish construction and more time to line up more housing projects for the show, Klass said.

Plans currently consist of three luxury estate homes for the 2014 show with the possibility of up to three others, according to the Dayton builders group.

Homearama is a recurring event open to the public showcasing the latest bells and whistles in new home construction.

Dayton last saw Homearama in Oakwood in 2012. Prior to that show, the last Dayton Homearama before that was held in 2008.

“We still have a problem with the banks loaning on the jumbos,” or high-priced homes, Klass said.

There aren’t very many current comparable sales for new million-dollar homes in the Dayton market, Klass said. As a result, homebuyers in this price range are being asked to pay more down — some as much as 50 percent down — on their mortgages for homes priced $400,000 and above, he said.

Meanwhile, the Home Builders Association of Greater Cincinnati is sponsoring Homearama now at the subdivision Carriage Hill in Butler County, running through July 28.

Year-to-date, local governments have issued Dayton-area homebuilders 691 permits. Activity rose 12 percent for the first five months of 2013 over the same time period in 2012.

In the Cincinnati market, local governments have issued 1,150 permits, up almost 33 percent from the 868 permits issued January through May 2012, according to the Cincinnati builders group.


Reader Comments ...


Next Up in Business

Speedway to hire 1,000 workers across 9 states
Speedway to hire 1,000 workers across 9 states

Speedway will hire 1,000 workers in nine Midwest states and will host open interviews at each of its stores in the region later this month. The convenience store chain, with a headquarters in Enon, will host open interviews from 11 a.m. to 3 p.m. Wednesday, Jan. 25 at every one of its stores in nine states, according to information from the company...
Holiday debt blues? Here’s help getting on track
Holiday debt blues? Here’s help getting on track

John North is president of the Dayton Better Business Bureau. With the holidays behind you, the new year is a great time to get your finances back on track if you’ve slipped a bit. By dedicating yourself to using credit responsibly and sticking to a sensible plan, then you can effectively pay down your debt. According to debt.org, total U.S....
New shopping center proposed at long-vacant Springfield site
New shopping center proposed at long-vacant Springfield site

A new retail development is likely coming to the east side of Springfield at a longtime vacant property, the first major commercial growth there in several years. The Springfield Board of Zoning Appeals approved Wednesday night a variance for the former Roberds site in the 3000 block of East Main Street. City documents filed by developer Springfield...
Gmail phishing scam may lead users to give up login info
Gmail phishing scam may lead users to give up login info

A new phishing scam is allowing hackers to gain access to unsuspecting Gmail users' accounts and target their login credentials, according to recent reports. Mark Maunder, CEO of security service Wordfence, described the scam in detail in a blog post, adding that it is also targeting other services beyond Gmail. Tech Times reported that the scam involves...
Millennials spend more on coffee, save less for retirement
Millennials spend more on coffee, save less for retirement

A large number of Millennials spent more on coffee in the past year than they invested in their retirement savings, according to a new study. » RELATED: What makes Millennials tick in the workplace? It may surprise you About 41 percent of the Millennials — ages 18 to 35 — admitted to spending more on coffee than they saved for retirement...
More Stories