Honda’s 2 finalists miss out on Detroit’s awards

After wins the past three years, Honda failed to claim an award at the 2019 North American International Auto Show when it opened Monday in Detroit.

The Genesis G70 was named North American Car of the Year, the Hyundai Kona/kona EV earned the Utility Vehicle of the Year, and the Ram 1500 took the Truck of the Year.

The Honda Insight was a finalist for Car of the Year, and Acura RDX was a finalist for Utility Vehicle of the Year.

The Honda Accord was named North American Car of the Year in 2018, the Ridgeline pickup truck was named North American Truck of the Year in 2017, and the Civic was awarded North American Car of the Year in 2016.

Effects of higher home prices, rates on affordability detailed

For every $1,000 increase in the nation’s median home price, 127,560 potential buyers are priced out of the market, according to a new study by the National Association of Home Builders.

And every quarter-point increase in mortgage rates pushes about 1 million buyers out of eligibility.

After Texas and California, Ohio has the most prospective buyers (7,341) who would not be able to buy a home if the price rose $1,000. In central Ohio, 1,335 buyers are pushed out the market for each $1,000 price hike.

The home builders association used the report to illustrate how fragile home affordability is for many buyers.

Third Fox in the Snow opens in New Albany

Central Ohio’s third Fox in the Snow Cafe has opened in New Albany.

The coffee and pastry shop opened in the Market and Main II building at 160 W. Main St., southeast of Market Square.

The new cafe will employ about 20, co-owner Jeff Excell said.