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Top related persons:
— - 1 Ian Beniston - 1 Eric Cooper - 1 Sellers - 1 it's - 1 Beniston - 1 ” - 1 Nadia Evangelou - 1
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Ohio Toledo Youngstown El Paso , Texas Boise , Idaho Spokane , Washington Three Ohio Youngstown , Akron
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National Association of Realtors - 2 NAR - 2 Service - 1 Youngstown Neighborhood Development Corporation - 1 Coldwell Banker - 1 DC CNN - 1 El - 1 homeownership - 1

Search resuls for: "Three Ohio"


6 mentions found


☆ These cities in Ohio have more affordable homes available for sale than any other US metro, but they're still few and far between
  + stars: | 2023-07-02 | by ( Alcynna Lloyd | ) www.businessinsider.com   time to read: +4 min
The US housing shortage makes it especially hard for middle-income buyers to purchase homes. But there's some good news, at least in the data: There are still a few US metros where affordable homes remain available to middle-income buyers. According to the NAR and Realtor.com analysis, among the 100 largest US metros, three areas from Ohio: Youngstown, Akron, and Toledo have the most affordable homes available for middle-income buyers. Overall, the US housing market is short 6.5 million homes. In general, homes in the low- to mid-priced range should be more plentiful in "relatively more affordable areas," than in the expensive areas, the economists wrote in the report.
Persons: —, Ian Beniston, Eric Cooper, Sellers, it's, Beniston Organizations: Service, National Association of Realtors, NAR, Youngstown Neighborhood Development Corporation, Coldwell Banker Locations: Three Ohio, Ohio, Youngstown , Akron, Toledo, Youngstown, Akron, El Paso , Texas, Boise , Idaho, Spokane , Washington
☆ Middle-income buyers face the most severe housing shortage
  + stars: | 2023-06-08 | by ( Anna Bahney | ) edition.cnn.com   time to read: +4 min
These would-be buyers face the most severe housing shortage of any other income bracket, according to a new analysis from the National Association of Realtors and Realtor.com that found the market is short more than 300,000 affordable homes for these buyers. Given that income, these buyers can purchase homes valued up to $256,000 without being overburdened with housing costs. Middle-income buyers can afford to buy less than a quarter — only 23% — of listings that are currently on the market. In a balanced market, buyers earning $75,000 can afford to purchase 66% of the listings in the Youngstown metro area. However, these buyers would be able to afford to buy more than 50% of the listings in a balanced market.
Persons: ”, Nadia Evangelou, that’s, ” Evangelou, “ It’s, Toledo —, Danielle Hale, “ Organizations: DC CNN, National Association of Realtors, NAR, El, homeownership Locations: Washington, United States, homeownership, Ohio, — Youngstown , Akron, Toledo, Youngstown, El Paso , Texas, Boise , Idaho, Spokane , Washington, In Boise, Boise
☆ Honda to move Accord production to Indiana as part of EV shift
  + stars: | 2023-03-14 | by ( David Shepardson | ) www.reuters.com   time to read: +2 min
WASHINGTON, March 14 (Reuters) - Honda Motor Co's U.S. unit said on Tuesday it would move production of its Accord sedan to Indiana in 2025 after assembling the model in Marysville, Ohio for more than 40 years, as part of its shift to electric vehicle (EV) production. Honda said last year it was separately investing $700 million to retool three Ohio plants for electric vehicle production by 2026, including Marysville. Marysville will begin preparing for EV production as early as January by consolidating its two production lines to one to enable it to begin building the EV infrastructure, the company said. Honda began assembling the Accord at its Marysville in November 1982, making it the first Japanese automaker to produce cars in the United States. Honda said Accord production will be transferred to its Indiana auto plant, which builds the Civic Hatchback and CR-V.Honda's transmission plant in Georgia will dedicate one production line to e-axle production - a key EV component - and its Anna, Ohio engine plant will shift production of some engine components to a Honda engine plant in Alabama to prepare for production of battery cases for EV models, the company said.
☆ Honda, LG Ohio investments to receive $71 mln state tax credit
  + stars: | 2022-10-12 | by ( David Shepardson | ) www.reuters.com   time to read: +2 min
Oct 12 (Reuters) - The state of Ohio said on Wednesday it plans to provide $71.3 million in tax credits for a new Honda Motor Co Ltd (7267.T) and LG Energy Solution (373220.KS) joint venture battery plant. Honda separately is investing $700 million and adding 300 jobs to retool three Ohio plants to build EVs and parts. The Ohio Department of Development said the 30-year Job Creation Tax Credit is performance-based and the company must fulfill its job creation and payroll commitments to receive the credit. It's not clear what local tax incentives the investments will receive. Register now for FREE unlimited access to Reuters.com RegisterReporting by David Shepardson; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.
☆ Honda to build JV U.S. battery plant, retool Ohio plants
  + stars: | 2022-10-11 | by ( David Shepardson | ) www.reuters.com   time to read: +3 min
REUTERS/Athit PerawongmethaWASHINGTON, Oct 11 (Reuters) - Honda Motor Co Ltd (7267.T) and LG Energy Solution (373220.KS) on Tuesday announced Ohio as the site of their planned $4.4 billion joint-venture battery plant. Honda will separately invest $700 million to retool three Ohio plants and add 300 new jobs, as it seeks higher electric- vehicle production. The plant is the latest in a string of battery plants announced as automakers race to shift gas-powered production to electric vehicles. President Joe Biden praised the Honda-LG announcement, saying the companies were "committing more than $5 billion toward electric vehicle battery manufacturing and factory retooling across the state." Honda plans to begin production and sales of EVs in North America in 2026, based on its new Honda e:Architecture.
☆ Honda, LG to locate $4.4 billion battery plant in Ohio
  + stars: | 2022-10-11 | by ( David Shepardson | ) www.reuters.com   time to read: +2 min
The Honda Motor logo is pictured at the 43rd Bangkok International Motor Show, in Bangkok, Thailand, March 22, 2022. REUTERS/Athit PerawongmethaWASHINGTON, Oct 11 (Reuters) - Honda Motor (7267.T) and LG Energy Solution (373220.KS) said on Tuesday they will build a new joint venture $4.4 billion battery plant in Ohio. Honda plans to begin production and sales of Honda EVs in North America in 2026, based on its new Honda e:Architecture. The joint venture is pending regulatory approvals. That announcement expanded on plans for GM to begin building two electric SUVs for Honda starting in 2024 - the Honda Prologue and an Acura model.
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