Home / Daily Dose / Housing Market Needs New Construction March 22, 2019 1,087 Views Demand Propels Home Prices Upward 2 days ago Tagged with: Home Prices Sales Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. The Week Ahead: Nearing the Forbearance Exit 2 days ago Home Prices Sales 2019-03-22 Seth Welborn Demand Propels Home Prices Upward 2 days ago February saw an increase in existing-home sales, with the largest month over month increase since December 2015, according to the National Association of Realtors (NAR). NAR reported an 11.8 percent increase in February from January, up to 5.51 million in that month. Additionally, of the four major U.S. regions covered, all three except the Northeast, which remains unchanged, saw sales gains.According to Lawrence Yun, NAR Chief Economist, “a powerful combination of lower mortgage rates, more inventory, rising income and higher consumer confidence is driving the sales rebound.”Genworth Mortgage Insurance Chief Economist Tian Liu commented on the growth, noting key factors driving the increase.“Existing home sales should begin to stabilize this month, as lower interest rates and slower home price growth make homes more affordable to potential buyers,” said Liu. “Housing affordability and buyer confidence are two key drivers for housing demand and sales. While housing affordability has improved, potential buyers remain cautious and confidence will take time to recover.”Homes remained on the market for less time in February, according to the report. Properties remained on the market for an average of 44 days in February, down from 49 days in January but up from 37 days year over year. Forty-one percent of homes sold in February were on the market for less than a month.According to Yun, the market would greatly benefit from additional inventory.”For sustained growth, significant construction of moderately priced-homes is still needed,” said Yun. “More construction will help boost local economies and more home sales will help lessen wealth inequality as more households can enjoy in housing wealth gains.”Yun notes that the typical homeowners accumulated around $8,700 in housing equity over the past 12 months and $21,300 over the past 24 months.We’re very happy to see homebuyers returning to the market, as the beginning of Spring represents a prime time to purchase a new home,” said NAR President John Smaby.Find more data from NAR here. Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Related Articles Housing Market Needs New Construction in Daily Dose, Featured, Market Studies, News Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Analyzing Millennial Homeowners’ Credit Profiles Next: The Week Ahead: Senate Committee Talks Housing Reform The Best Markets For Residential Property Investors 2 days ago Share Save Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Seth Welborn Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Print This Post Subscribe
Greinke shuns questions about those issues, which seem to be a non-issue anyway. Sometimes, he has no filter, but on Thursday, he wasn’t insightful. Asked how his previous playoff experience helps him now, Greinke said: “A little bit.”Asked about his playoff pregame routine, Greinke said: “Wake up, get some breakfast, go to the bathroom, come to the field.”And he might take a nap.Sigh. Mattingly said Greinke “is involved in a lot of the stuff we do. He seems really comfortable. He’s not a hard guy to talk to at all.”Kershaw and Greinke talk. Kershaw has helped Greinke, and Greinke has helped him. The Dodgers have benefited from the powerful 1-2 punch all season, and it’s especially daunting in the postseason, especially in a seven-game series. The Dodgers throw essentially two aces. “He’s been good for us, but I think we’ve been good for him from the standpoint of (having) Kersh, a guy with the same qualities as Zack, side by side,” Mattingly said. “As long as Zack is healthy. I think they’re both good for each other.”Greinke was 15-4 with a 2.63 ERA this season and until his final outing against Colorado, hadn’t lost for two months. He was a dazzling 9-2 with a 1.57 ERA from July 8 through the regular-season finale.Who would’ve thought Greinke would’ve been such an L.A. Guy? “I think it’s been a good place for Zack,” Mattingly said. “I think Zack came with a little reputation like he was going to be nervous in a big city. I don’t think that’s been an issue from the time we talked to him in the winter and had a meeting with (general manager) Ned (Colletti) and (president) Stan Kasten in Kasten’s office.“I got a feeling there was nothing about L.A. that bothered him. It was more him in his mind. He did the research. He wanted to go to the place that was going to give him the best chance to win and for a long time. He kept looking at what we were doing and was like, `OK, these guys want to win.’” The Dodgers are winning with Greinke and vice versa. ATLANTA >> Zack Greinke didn’t look the part of a comfortable guy as he sported a Dodgers T-shirt with “Magic” on it while in the interview hot seat at Turner Field.His answers were brief and serious. He didn’t channel his inner Magic Johnson, part owner of the Dodgers, for smiles and laughs. Greinke, however, is clearly comfortable on the mound and in Los Angeles, and that’s what has mattered to the Dodgers. Greinke will start Game 2 tonight against the Braves in the NLDS, but he could easily be any team’s Game 1 starter.And that should be a tough task for the Braves since Greinke follows Clayton Kershaw. When Greinke signed a six-year $147 million deal in the offseason, many wondered if he would be a good fit in L.A. Greinke has dealt with anxiety issues in his career, but the only problem he’s seemingly had this year was when he lowered his shoulder into San Diego’s Carlos Quentin, who charged the mound.Greinke was pummeled and sustained a fractured collarbone and was out for a month. Since he’s returned, he’s been superb, especially in the second half. “The pitching coach (Rick Honeycutt) has helped me a lot,” Greinke said. “I mean, there’s been hardly any mistakes. There’s been no mistakes on the field, and that makes it easier. Kind of helped the confidence.“And then once you start doing good, it’s easier to stay on the roll and execute a lot of pitches. But that was because of a mechanical change, I think. Maybe I’d have been pitching as good without it, but I think it helped. He’s sure helped the Dodgers. “Whatever went on with the past with Zack, his stuff, it seems nonexistent,” Dodgers manager Don Mattingly said. “Certain situations he doesn’t like, and he stays away from them. I feel like he’s very comfortable here, but he’d have to answer that.” Newsroom GuidelinesNews TipsContact UsReport an Error read more
BRITT — Iowa Attorney General Tom Miller filed a lawsuit Monday to shut down an alleged puppy-laundering ring partly operated in Hancock County.Spokesman Lynn Hicks says the ring sold nearly 1,300 puppies. “And what puppy laundering is, basically is and effort to obscure the source of dogs and deceive customers about where the puppies are coming from,” Hick says.He says the pure-bred puppies were sold as rescue animals by non-profit organizations to organizations outside of Iowa. “Especially places like California and Chicago, which have bans on puppy mill dogs,” according to Hicks. “You can’t in those locations, you can’t buy dogs that have come from anywhere else besides animal shelters or rescue groups.”In addition to California and Illinois, the dogs from Iowa were also sold in Florida and New Jersey. “There is a for-profit breeder based in Britt call J.A.K.’s Puppies. And our lawsuit is alleging that they are essentially serving as the broker, and transferring these dogs through two non-profits — Hobo K9, and Rescue Pets Iowa — essentially laundering through the non-profits, selling them, and exporting them out-of-state,” Hicks explains.The lawsuit alleges the puppies were sold from September 2016 to July 2018 for $714,510. Hicks says they want the operation stopped. “We’re asking the judge to dissolve the non-profits, number one. We are asking them to put a temporary injunction stopping all the defendants in this case from doing any business or charitable activities involving transferring animals and stopping them altogether form doing deceptive practices. And we’d also like to see some civil penalties,” Hicks says.He says they are also seeking refunds for those who bought these dogs. “These dogs were sold for, in some cases, a few thousand dollars at pet shops in California and Chicago. They thought they were buying rescue pets — and they actually didn’t know where they were coming from,” Hick says.The individuals names in the lawsuit are: Jolyn K. Noethe of Britt, president of Hobo K-9 as well as co-president, secretary and director of J.A.K.’s Puppies; Kimberly Dolphin of Britt, treasurer of Hobo K9, as well as co-president, secretary and director of J.A.K.’s Puppies; Megan Peterson of Wesley, a manager with J.A.K.’s Puppies and secretary of Hobo K9; Russell Kirk of Ottumwa, president, secretary, treasurer and director of Rescue Pets Iowa.Hicks says you should know where the animal you are buying is coming from. He says it is likely not a rescue animal if they are charging you thousands of dollars. “In some cases these dogs were not spayed or neutered. Those are all red flags that this is probably not a rescue dog. Most rescue organizations charge minimal fees,” Hicks says.The lawsuit seeks civil penalties for up to $40,000 for each violation. read more
Registration begins at 8:15 a.m. at Gyro with race orientation 45 minutes prior to the start of the event.Cost is $22 per registrant.For more information contact the Trail Parks and Rec at 250-368-6484 or 250-368-0888 or register in person at the Trail Aquatic and Leisure Centre. Saturday (September 29) the Trail Parks and Rec is hosting a Kids Duathlon race at Gryro Park.The race, for children ages four to 12, is a run-bike-run event beginning at 10 a.m.
It might not be a whole new ball game in Brazil following their World Cup semi-final humiliation at the hands of Germany on Tuesday night, but it’s certainly a whole new language.And it’s just not Portuguese everyone is getting to grips with, as fans from all over the world congregate on the beaches and in the bars.So we sent the Moose out on the loose to ask some overseas fans to give us their version of some classic football phrases.And then we asked Ray Parlour to guess what they were saying…*Fans’ footage shot on a Sony Xperia Z2 tablet read more
Heart Evangelista admits she’s pregnant… with chicken Heart Evangelista admits she’s pregnant… with chicken Lacson: SEA Games fund put in foundation like ‘Napoles case’ WATCH: Firefighters rescue baby seal found in parking garage Bad breaks doomed Bolts, says Newsome Don’t miss out on the latest news and information. Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games After years of being shunned by the NBA’s premiere superstar during media day, Jimmy Kimmel’s famed underling hilariously proclaimed that he would no longer speak with “The King.”Instead of going after James like he did for the past six years, Guillermo spoke to both members of the Golden State Warriors and Cleveland Cavaliers and shared his intent to give James the cold shoulder.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSMalditas save PH from shutoutThe hilarity ensued as the clip transitioned to a video montage of Guillermo pestering James during past media days.The five-and-a-half-minute clip has garnered close to a million views, as of this writing. Guillermo, meanwhile, has been a fixture in Jimmy Kimmel Live and was even given his own skit.The Mexican-American talk-show personality previously worked as a parking lot security guard at Hollywood Boulevard Studios before getting his big break. Khristian Ibarrola /raSports Related Videospowered by AdSparc Read Next 1 dead in Cavite blast, fire LATEST STORIES Cayetano dares Lacson, Drilon to take lie-detector test: Wala akong kinita sa SEA Games Guillermo has had enough of LeBron James’ “snobbish” attitude.ADVERTISEMENT World’s 50 Best Restaurants launches new drinking and dining guide What ‘missteps’? MOST READ View comments read more
APTN National NewsFirst Nations children on-reserve continues to be the focus at the Canadian Human Rights Tribunal.The 14-week hearing is underway in Ottawa.The case alleges the federal government discriminates against First Nations on-reserve by underfunding child welfare programs resulting in a growing number of Children being placed in care.APTN National News reporter Annette Francis was there.
OTTAWA – Canada’s envoy to Washington will brief finance ministers from across the federation next week on the roller-coaster relationship with the United States.The gathering next Tuesday in Ottawa will take place before a Canadian backdrop of increasing economic uncertainty — from difficult NAFTA negotiations, to competitiveness worries related to U.S. reforms, to tit-for-tat tariffs with the country’s largest trading partner.Federal Finance Minister Bill Morneau will host his provincial and territorial counterparts at the meeting, which will include a presentation by Canada’s U.S. ambassador, David MacNaughton. Ambassadors don’t typically attend the sessions.MacNaughton will discuss the state of a bilateral relationship that has showed significant signs of strain in recent weeks.The meeting will include another unconventional aspect: finance ministers will be joined at the table by chief financial officers from the private sector.Bank of Canada governor Stephen Poloz is also scheduled to address ministers on the economy.The twice-a-year finance ministers’ meetings typically focus on pressing, internal Canadian issues — but the emergence of several big challenges tied to Washington means next week’s talks will no doubt spend considerable time on the U.S.For weeks, Canada and the U.S. have been locked in an ugly trade dispute that deteriorated into a highly unusual exchange of tough words between the neighbours’ leaders.Earlier this month, U.S. President Donald Trump imposed hefty tariffs on steel and aluminum imports from some of his country’s closest allies, including Canada. In response, Ottawa has threatened retaliatory tariffs against the U.S. that are set to go into effect July 1.Prime Minister Justin Trudeau has called the tariffs “insulting” because they are based on the premise Canada poses a national security risk to the U.S.Trudeau’s words earned him an unprecedented personal attack from Trump and a pair of the president’s top advisers after the G7 summit in Quebec.Canada has also dealt with significant uncertainty related to the U.S. on other fronts.The two countries, along with Mexico, have struggled to reach a deal on a renegotiated North American Free Trade Agreement.On competitiveness, Canada is facing unknown impacts connected to substantial U.S. corporate tax cuts earlier this year.Business associations have warned the U.S. tax changes could end up inflicting more damage on the Canadian economy than would the possible termination of NAFTA.Many have urged Morneau to respond quickly by cutting Canada’s corporate tax rate.But before introducing any changes of his own, the federal finance minister has said he’s taking the time necessary to carefully assess the possible consequences of the U.S. reform for Canada.Ahead of the ministers’ meeting, Morneau will also seek input from private-sector economists at a meeting Friday.It’s an unusual gathering between Morneau and the economists that will come in addition to their traditional, twice-a-year sessions.Federal finance ministers typically convene private-sector economists to get their opinions and forecasts in the lead-up to the release of budgets and fall economic statements.But a spokesman for Morneau said the minister hopes to keep his “ear to the ground” by holding more frequent meetings with the group of experts, which usually includes economists from big banks, industry associations, think tanks and academia.Daniel Lauzon said the meeting isn’t tied to any specific event and is in the same vein as Morneau’s ongoing listening tour on business competitiveness, which is expected to continue into the fall. The gathering will be less formal because it won’t include a photo-op or a news conference, he said.Follow @AndyBlatchford on Twitter read more
Melbourne: One of Australia’s busiest train station in Melbourne was evacuated on Thursday after passengers panicked when an Aboriginal busker with “suspicious behaviour” was mistaken for a gunman. The musician, identified as Will Austin, was carrying an instrument in a duffel bag, was doing breathing exercises to prepare for his performance when another passenger mistakenly thought his instrument bag was a rifle case and raised a false alarm, local police said. Also Read – Saudi Crown Prince ‘snubbed’ Pak PM, recalled jet from US”Look, obviously people ring us with a lot of jobs and things that happen,” Inspector Jacob Bugeja said, adding “They saw someone acting unusual on the train. “They have seen a bag and were unsure what was in the bag and, coupled with the behaviour of the person, they were a bit worried and just wanted to let us know about the man who had been seen acting suspiciously,” Bugeja said. People in Australia are little jittery after the March 18 attacks by an Australian white-supremacist on two mosques in New Zealand’s Christchurch that resulted in the deaths of at least 50 people. Also Read – Record number of 35 candidates in fray for SL Presidential pollsThe musician had been on the way to play his guitar in the Central Business District when the Flagstaff train station was suddenly shut down during the morning peak hour commute. “A dozen cops came running past,” a passenger said. When police finally approached the man, they realised he was only carrying a sports duffel bag that looked “nothing like” a gun bag. Police spoke with the man for about 20 minutes and confirmed he was not actually carrying a weapon before the train station was opened again. They confirmed that there had been no threat to the commuters. “He was a local busker who was there to play an instrument in town,” Bugeja said at a press conference. “There was a bag that the person was carrying and he had his tools to busk with him.” “There were special response units running around everywhere, they had fully automatic weapons and riot shields and they were yelling at people to get back in the train,” a student on the train was quoted as saying by the Australian Broadcasting Corporation. read more