A bill that would give owners more autonomy over their rental units has been passed out of committee in the Ohio House of Representatives. The House Local Government Committee held its fourth and final hearing recently before passing it by a vote of 9-4.
The total supply of homes for sale in the Cleveland-Elyria-Mentor area was down a whopping 15.4% last month, when compared with March 2021, according to an analysis from the Redfin real estate brokerage. Scarcity is driving prices up even as the cost of borrowing climbs.