Akron Ohio News – Falls Council Oks Contract To Bring Menards To Graham Road

This is a huge development for that corridor, he said. Walters, who took over the mayors office in January, said the administration worked to resurrect plans to bring Menards to town. This really is a win-win, he said. According to the approved legislation, the city is buying the property not only to attract Menards, but also to protect open space and create recreational and storm water management opportunities. Fred Guerra, Cuyahoga Falls planning director, said a portion of the property will used for the development of a greenway and floodway, which will include trails for use by the community. http://www.akron.com/akron-ohio-community-news.asp?aID=23706

Home-Price Gains Decelerate in Many Metro Areas During Second Quarter – Yahoo Finance

“Fewer distressed sales will help diminish appraisal problems,” adds Yun. According to Freddie Mac, the national average commitment rate on a 30-year conventional fixed-rate mortgage fell each month during the second quarter to an overall average rate of 4.23 percent, down from 4.36 percent during the first quarter of the year. They were 3.70 percent in the second quarter of 2013. Lower interest rates and a slight rise (0.7 percent) in the national family median income ($64,751) led to improved buying power in a majority of metro areas during the second quarter5. http://finance.yahoo.com/news/home-price-gains-decelerate-many-140000973.html

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