ResalesDayton, Ohio Home Prices Gain Slight Altitude
Dayton, Ohio, birthplace of flight pioneers Wilbur and Orville Wright, is leveling off between a buyer"s market and a seller"s market, with prices gaining slightly in altitude.
"There are many cities in between Dayton and Cincinnati, mainly fast-growing Warren County," says Realtor Dale Schmidt. "The birthplace of aviation, Dayton was once home to powered flight inventors Wilbur & Orville Wright. Today, the city offers great attractions and historical sites, fantastic arts venues, a thriving downtown, beautiful parks, a variety of sporting sites and fabulous shopping and dining."
"Dayton, Ohio is located just south of the intersection of I-75 and I-70 on the banks of the Great Miami River," says Realtor Nora Moyer Lipps. "The Miami Valley region, named after the Miami Indians, includes seven counties surrounding the city of Dayton and is home to more than one million people. At the center of the region where the Miami, Mad, and Stillwater Rivers come together, lies the city of Dayton with a population of approximately 180,000."
Lipps explains, "This Midwestern city lies at the crossroads of America and is easily accessible via land or air. By air, Dayton lies within 90 minutes of 55 percent of the U.S. population. In response to a projected steady rise in passenger air travel and cargo operations over the next 20 years, the Dayton International Airport has plans for expansion.
"The historic first flight of Dayton residents Orville and Wilbur Wright, the development of the cash register into the current NCR Corporation, the invention of the electric starter by Charles F. Kettering and numerous other advances in automotive design provide the historic basis for Dayton"s economy. The region"s businesses pride themselves on providing high-quality, high-value goods and services to a global economy.
"In 1941, after the bombing of Pearl Harbor, Wright-Patterson Air Force Base became a great center of activity for the U.S. Army Air Force. The site of the base, its facilities and personnel, continue as the nerve center of the Air Force. Today, it is the largest single site employer in Ohio. Two-thirds of the employees are civilians. The United States Air Force Museum is also located in Dayton.
"Dayton has been a center of General Motors divisions," says Lipps. "The Frigidaire built in Dayton became a household word as the electric refrigerator replaced the ice box. It currently is the headquarters for IAMS Company, Standard Register, LEXIS-NEXIS, Reynolds & Reynolds, and Delphi. The University of Dayton, Wright State University and Sinclair Community College are located in Dayton."
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