Demand Retreats Despite Stronger Fundamental Drivers

first_img Demand Propels Home Prices Upward 2 days ago Demand Retreats Despite Stronger Fundamental Drivers  Print This Post in Daily Dose, Featured, Market Studies, News Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Housing Demand Housing Market 2016-06-28 Brian Honea Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Scott Morgan Subscribe Scott Morgan is a multi-award-winning journalist and editor based out of Texas. During his 11 years as a newspaper journalist, he wrote more than 4,000 published pieces. He’s been recognized for his work since 2001, and his creative writing continues to win acclaim from readers and fellow writers alike. He is also a creative writing teacher and the author of several books, from short fiction to written works about writing. Share Save Demand Propels Home Prices Upward 2 days agocenter_img Related Articles Sign up for DS News Daily Tagged with: Housing Demand Housing Market The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Previous: Housing Market Weathering Ongoing Headwinds Next: GDP Advances; Housing Share Follows Suit Governmental Measures Target Expanded Access to Affordable Housing 2 days ago After five months on the climb, and while housing scarcity inflates, housing demand fell off by 5.3 percent in May, according to the latest Redfin Housing Demand Index. May’s index of 114 marks the sixth straight month of year-over-year declines.“Faced with a diminishing number of homes to choose from, 4.5 percent fewer people wrote offers last month than a year earlier,” the report stated.Meanwhile, tours by prospective buyers went way up in May, increasing 18 percent compared to a year ago, though down slightly from April’s 20 percent.”Two of the fundamental drivers of buyer demand are better this year than last year, yet we still saw retrenchment in buyer interest retreat,” said Redfin chief economist Nela Richardson. “Thirty-year mortgage rates are at three-year lows and the unemployment rate is down to 4.7 percent nationally, compared to 5.5 percent last year. However, steady job growth and low rates are no match for the drought in available homes for sale, which stifled buyer demand.””Two of the fundamental drivers of buyer demand are better this year than last year, yet we still saw retrenchment in buyer interest retreat.”Nela Richardson, Chief Economist, RedfinAlso according to the report, sale prices are increasingly exceeding asking prices. Nearly 29 percent of homes sold for more than their asking prices, up from 26.8 percent last year and the largest portion recorded since 2013, the report found.For houses that did sell, May “was a record breaker in terms of speed and intensity,” the report stated. Houses in May sold at their fastest pace since 2009, with the typical home on the market for only 15 days last month‒‒two days faster than last year.The effects on some areas are actually stymieing growth in what should be healthy markets.In Denver, for example, the typical home sold in just five days in May, the fastest pace in the country. However, Redfin reported, this swift current has created a lackluster market, due to the extreme scarcity of homes for sale.“The root of Denver’s inventory shortage this year is that move-up buyers can’t move up because there’s nothing for them to buy,” said Redfin agent Michelle Ackerman. “They’re fearful of selling their homes and having nowhere to go.” Home / Daily Dose / Demand Retreats Despite Stronger Fundamental Drivers June 28, 2016 1,391 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days agolast_img read more

Get ready for EMV: 14 tips

first_imgBecome familiar with the product and technology and how members use their plastic.The move to EMV (Europay, MasterCard, Visa) chip smartcards should greatly aid in point-of-sale fraud reduction.But preparing for the conversion from magnetic stripe cards has its share of challenges, according to “Smart Cards Update: Where Do We Go from Here?”, a white paper from the CUNA Operations, Sales, and Service Council.“Credit unions are always looking for ways to limit fraud, and this is one of the best ways,” the whitepaper reports. “The rest of the developed countries in the world are on chip-and-PIN technology, and the U.S. is behind.”According to “Smart Cards Update,” credit unions should:1. Become familiar with the product and technology and how members use their plastic.2. Ensure your card vendor has a clear roadmap and understanding of how to support and manage EMV technology3. Explain clearly through staff and member communications how EMV chip cards work differently at merchants that use the chip technology versus those that don’t. continue reading » 4SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Snam, Enagás, Fluxys complete DESFA stake purchase

first_imgThe consortium consisting Italy’s Snam, Spain’s Enagás and Belgium’s Fluxys has completed the acquisition of a 66 percent stake in Greek natural gas operator DESFA. The purchase valued at €535 million ($613.9 million) has been completed with the Hellenic Republic Asset Development Fund (HRADF) and Hellenic Petroleum, the companies said in a statement.The consortium, which was awarded the tender for the DESFA privatization in April 2018, made the acquisition through Senfluga Energy Infrastructure Holdings.The consortium has obtained a 10-year non-recourse acquisition financing corresponding to approximately 65 percent of the enterprise value.DESFA owns and operates, a high-pressure transport network of about 1,500 km, as well as a regasification terminal at Revithoussa.Greece, an important crossroads for diversification of supplies and the opening of new natural gas routes in Europe, has further development potential as a hub in South-East Europe, the statement reads.last_img read more

Professor discusses his autobiography

first_imgSpeaking before a small but intimate crowd at Doheny Memorial Library, USC University Professor and Leo S. Bing Professor of English and American Literature Leo Braudy read excerpts from and discussed his new autobiographical work Trying to be Cool: Growing Up in the 1950s.Reflection · Professor of English and American Literature Leo Braudy speaks about his book Trying to be Cool: Growing up in the 1950s. – Austin Vogel | Daily TrojanThe event was sponsored by the Friends of USC Libraries. Though few students attended, it was an opportunity for many to reminisce on the past.“Having grown up in the ’50s there’s a bit of nostalgia,” Paul Kovich, director of undergraduate student services for the USC Department of Political Science, said, “Leo Braudy has a great reputation as an author and a scholar.”After an introduction from Dean of the USC Libraries Catherine Quinlan, Braudy spoke about the genesis of the book and his attempt to reconcile his own memories with scholarly research.“[The challenge] was to combine my personal experience with my intellectual experience and have them resonate with each other,” Braudy said.Braudy said he wanted to maintain the sense of naivete that comes with growing up, while also looking back on the past. He said he first attempted to alternate historical and anecdotal chapters but abandoned that after writing the first few. Instead, he said the book has a “musical structure” with song lyrics serving as titles for all the chapters.Much of Braudy’s talk dealt with music and the changing dynamics of the music in the 1950s. He spoke about the advent of rock ‘n’ roll and how the radio replaced group singing.“My mom and dad and their friends, when they were on the bus coming back from [a trip], would sing for hours,” Braudy said. “[That was replaced] by the radio and now the radio with the iPod and headphones.”He commented on how music in the 1950s was very “regional and ethnic,” noting how songs were often released in certain cities and when he would travel and hear a song, his friends from home wouldn’t have heard it.Braudy also spoke about the huge social role that dancing played during the ’50s, especially the popular dance “The Bug,” which he said was the culturally accepted way to let loose. He fondly recalled memories of dancing with his friends at various venues around his hometown of Philadelphia.“Of all the things, the music, the horror movies, the most memorable thing is dancing, the desire to dance and the feeling that dancing gave you,” he said.Braudy mentioned how the desire to “be cool” drove teens to try and distinguish themselves in whatever way possible, noting that certain groups even had their own kind of shoes. Toward the end of his remarks, Braudy commented on the teenagers of today and noted the contrast between the “rebel without a cause” teenagers of his time and the overscheduled teens of today.“The open-ended phrase, ‘Go out and play,’ is no longer heard,” he said.For students, it was a chance to gain a new perspective on history.“It was exciting and engaging because we all think of the ’50s as old, conservative, sort of the ‘Golden Age,’” said Erica Christianson, a senior majoring in political science. “To hear it told by someone who experienced it made it seem as new and exciting as what we’re going through today.” Follow Anshuman on Twitter @AnshuSiripurapulast_img read more

We are hoping for a great Support by the Fans, better than it ever was!

first_imgMiralem Pjanić is playing for Roma in the best shape he ever was, and he hopes he will transfer good play to the national team in the fight for the qualification to the European Championship 2016.“Great challenges are ahead of us, two tough matches. We have extracted the maximum of what we could get after the catastrophic beginning of qualifications. We made it to the playoffs and hopefully we will qualify for the European Championship. We will give our best to do as good as we can, especially to avoid receiving a goal in the first match, and we will try to win”, Pjanić said and added:“We are hoping for great support of the fans, maybe even better than it ever was. We also must be at the highest level in order to qualify for EURO 2016, which is the goal of the entire county”, said Pjanić, who believes in success.“Ireland is a national team of high quality, they are a fighting team, they run a lot and they are very strong physically. We will have to find a solution for them and I believe we will succeed in that”, Miralem Pjanić stated.(Source: klix.ba)last_img read more

Inspirational Alison displays ‘We are undefeatable” spirit

first_img Ten years ago, PGA professional Alison Johns was given just five days to live after an acute virus attacked her liver.Johns was told she needed an urgent transplant if she was to survive the attack and she was fortunate in that a suitable organ became available just in time.Subsequently, the 48-year-old former Ladies European Tour player has made a full recovery. She teaches full time at the National Golf Centre at Woodhall Spa.This summer she won a third gold medal in her category at the World Transplant Games. She has also been nominated as the first ever woman Captain of the PGA Midlands region but she will never forgot the dark episode back in 2009 which threatened her life.“There is not a day that goes by without me feeling grateful towards my donor,” she said. “The transplant saved my life and for that I will always be thankful.”Johns’ brush with death is one reason why Sport England’s new “We Are Undefeatable” campaign resonates so strongly with her. It was launched recently to support the one in four (15 million) people currently living in England with long term health conditions such as diabetes, cancer, arthritis and Parkinson’s and to help them to remain active.It follows research which shows that 69% of people living with such conditions would like to be more active but that 24% feared that physical exercise would exacerbate their conditions.“I think new “We Are Undefeatable” campaign is a great idea and can only help people who are struggling to come to terms with health issues,” said Johns.“I know from personal experience that health problems can seriously knock your confidence so any help you can get in that regard is bound to be of benefit.“I remember when I was recovering I was desperate to get back to playing golf and I would have to admit I probably overdid things at first.“My best advice would be to take your time and listen to your body. That is important but I would definitely encourage people to do what they can.”England Golf was one of the first sporting bodies to come out in support of the new “We Are Undefeatable” initiative which has brought together a wide range of national charities including : Age UK, Alzheimer’s Society, Asthma UK, Breast Cancer Care and Breast Cancer Now, British Lung Foundation, British Red Cross, Diabetes UK, McMillan Cancer Support, Mind, MS Society, Parkinson’s UK, Rethink Mental Illness, Royal Voluntary Service, Stroke Association and Versus Arthritis.“We are delighted to offer our full support to Sport England’s new “We Are Undefeatable” campaign and believe it will help people with long-term health conditions to find the best way to remain active without compromising their health in any way,” said England Golf chief executive, Nick Pink.“Golf has considerable evidence to show that the game is good for long-term health and I am sure it could be of benefit for many of the people targeted by this new campaign.”“It is a very exciting initiative,” he added.For more information on the campaign please go to www.weareundefeatable.co.uk Tags: Alison Johns, We Are Undefeatable 18 Sep 2019 Inspirational Alison displays ‘We are undefeatable” spirit last_img read more

Roller Derby season kicks off Saturday at Selkirk in Castlegar

first_imgRTRG, however, have been working hard at developing their new skaters this off-season, and if league scrimmages are any indication then there is some new talent that the rest of the league had best watch out for.From hard-hitting new skaters to fleet-footed veterans, the Rossland Trail team has been building momentum since last season and are eager to show the Kootenays what they’ve been working on up the mountain for all these weeks.The Killjoys may have finished 2013 on a win, but it means there is a target on their helmets coming into the new season and RTRG are only too happy to take the first shots.During the 2013 off season, as so often happens in roller derby, player retirement and relocation led to two of the five teams suffering low numbers, and low numbers at practice impedes the opportunity to hone skills and develop team cohesiveness.But roller derby athletes never say die, and the Valley Vendettas and Babes of Brutality agreed that for the 2014 season they would join forces to bolster their strength, creating a new team that combines the Valley’s teamwork and energy with Salmo’s fabled brutal hits and experience.Meanwhile, the Dams have been breaking free of their party-team reputation and are cross training and skating like never before, and are determined to win the Golden Boot this season.Pitting Dam City’s consistency and determination against Valley Brutality’s refreshed take on the meaning of teamwork, this game is sure to be one of the most ferocious of the season and will set a tone for the rest of 2014.Tickets can be purchased at Selkirk College Book Store and Central City Shoes in Castlegar, or online at www.kootenayrollerderby.com The new 2014 West Kootenay Roller Derby season kicks off Saturday with doubleheader action at the at Selkirk College gymnasium in Castlegar.The Nelson Killjoys are out to prove last season’s title was no fluke as the Heritage City squad takes on rival Rossland Trail Roller Girls (RTRG) at 7 p.m. in the feature match.Kicking off the season is host Dam City Rollers meeetinga yet-unseen Valley Brutality at 5 p.m.The Killjoys won the Golden Boot last season and this year have helmets to match – and they intend on keeping the complete set.last_img read more

Video: Kevin Pillar hits Giants’ first grand slam since April 7, 2017

first_imgSAN FRANCISCO–Sunday, April 7 marked the two-year anniversary of the Giants’ last grand slam.It was also the three-year anniversary since the last grand slam hit by a Giants player at Oracle Park.With one violent swing of the bat, new Giants outfielder Kevin Pillar brought an end to those droughts. In the fourth inning of the Giants’ series-opener with the Padres, Pillar crushed a 419-foot grand slam halfway up the left field bleachers.KEVIN. PILLAR. GRAND. SLAM. pic.twitter.com/OrhejnHBuC …last_img

Two thumbs up for Midmar Mile

first_img11 February 2008Despite rainy weather throughout Saturday, the 2008 Midmar Mile weekend was a roaring success, with excellent racing, fun and drama, slickly put together into a professional package that kept competitors and spectators well entertained at the world’s largest open water swimming event.A significantly upgraded commentary set-up worked brilliantly. For the first time, big screen televisions covered the action at both the start and finish. Race commentary was provided by people at the start, top swimming coaches in boats on the water, the pilot of a helicopter over the dam, and more commentators at the finish.Besides being broadcast over a far-reaching sound-system, the commentary also went out on 100.5 FM over a 30-kilometre radius around the Midmar Dam.Into focusWith the massive fields of swimmers out in the dam, causing splashes reminiscent of a sardine run on the KwaZulu-Natal coast, the comprehensive coverage of the event helped bring into focus the action in the water, at the start and at the finish. Outstanding!The introduction of the Mr Price timing chip played a massive role in making the job of the commentators an easy one. Identifying swimmers, with each of them wearing caps, is not an easy job, but a quick glance at a number and running it through a computer made matters relatively easy.As competitors crossed the timing mats at the finish, their times and names became available, which allowed the commentators to personalise their comments.Ultimately, it made for a warm and feel-good production which made everyone a part of the event.Men’s titleThe primary men’s title, in the category 14-30 years, was claimed by open water swimming star Shaun Dias in a fantastic sprint finish across the timing mat, just ahead of Chad Ho.Dias went out fast from the start, picking up hotspots wins as the 400 metres, 800m, and 1 200m marks. The final 400 metres, however, saw Ho drawing up alongside Dias to match him stroke for stroke as the finish drew near.On the banks, the crowds edged closer to the water, excitement palpable in the air, to watch the drama unfold. Dias was first to his feet, fractionally ahead of Ho. Both immediately turned on the afterburners in a race for the line, with Dias winning in 19:05, only one second ahead of Ho.Visiting Hungarian swimmer Csabo Gersack captured third place in 19:19.Women’s championVictory in the women’s 14-30 went Hungary’s way as Erika Hajnal out-duelled South Africa’s Melissa Corfe to win in her first go at the Midmar Mile.There were shades of 2007 as Hajnal adopted a similar line to the one used by Australia’s Melissa Gorman when she won a year earlier.Corfe took up a line that was as much as 100 metres apart from Hajnal but, after realising the Hungarian was on a better course, she moved inwards in an effort to close the gap. It was too late.Despite a furious finishing burst by Corfe, she couldn’t catch Hajnal, who won in 20:27, three seconds ahead of the South African. Melanie Greyling took third place in 21:48.CharityMembers of the 8-Mile Club, including three-time winner Gareth Fowler, two-time champion Terence Parkin and former Springbok prop Adrian Garvey, completed every race in their distinctive gold caps as they raised money for charity.The Game Charity Challenge swimmers were also prominent with their pink caps as they too swam for charity. In the company relay, 87 swimmers from Game Stores took to the water, with Game donating R1 000 for each swimmer that took part.Event one on Saturday decided a number of titles, including those of the Ironman and Ironwoman. The Ironman/Ironwoman is made up of the previous year’s Comrades Marathon, the Dusi Canoe Marathon, and the Midmar Mile, while the biathlon part of the competition includes the Midmar Mile and Dusi Canoe Marathon, as well as the Midmar Mile and the Comrades Marathon.Ironman titlesRoy Delhove claimed the Ironman title, including all three events, while Kerry Koen was crowned women’s champion.The men’s Ironman biathlon title, including the Comrades and Midmar Mile, went the way of Bruce Gore, while Kerry Koen was again the winner among the women.The Ironman biathlon title, including the Dusi and Midmar Mile, saw Dusi great Hank McGregor top among the men and Angela Scrooby coming out on top among the ladies.Gareth Fowler led Terence Parkin across the finishing line.Included in the field were 30 swimmers from the Sobantu development programme, a success story which was started thanks to the support of the Midmar Mile and the organising club, Pietermaritzburg Seals.Team relaysUnilever Wave defended their title in the company relay, with Brett Clark leading their challenge by finishing third behind 8-Milers’ Fowler and Parkin, who weren’t officially in the running for victory.Event three, the non-company relay, is closely watched as an indicator of the form of the leading swimmers ahead of the main men’s and women’s races on Sunday.Charl van Zyl took victory in 19:45, ahead of JC Thompson and Wesley Gilchrist, but perhaps the most telling result was Melissa Corfe ending sixth overall, the first woman across the line, in 20:05.USN-Spike retained their title.Family relayThe final event on Saturday, the family relay, was won by the Dias family, with Shaun taking first, Paul fifth, and Gareth sixth.Courtney and Kirsten Mower, part of the defending champion team, put the pressure on by ending second and third respectively, with Connie and Caitlyn Mower finishing a little way back to ensure the Mower family finished as runners-up.True magicIt was at the back end of the family relay that the true magic of the Midmar Mile was revealed. Watching spouses, siblings, parents and children, grandparents and grandchildren, exiting the water together, with mile-wide smiles, pride and love plastered across their features was lump-in-the throat theatre.Here and there messages in marking pens were written on swimmers’ bodies: “4 mum + dad”, “4 dad-zn”, and other more humourous offerings, such as “Learner, please pass”.Much as the true spirit of KwaZulu-Natal’s other major mass-participation events – the Comrades Marathon and the Dusi Canoe Marathon – is to be found among the entrants competing to finish the events, rather than racing to win, so the heart-warming spirit of the Midmar Mile became clear in the family relay.Age group winnersSunday morning’s first event, the women’s 13-and-under and 31-and-over, was won by Kira Hauptfleisch, an under-13 entrant, in a time of 21:27.Stacey Bowley topped the 31-40 age group, while Lulu Cochran, a visitor from the United Kingdom, was number one in the 41-50 section. Rita Townsend won the 51-60 event.The men’s event in the same age divisions was won by Ryno Markgraaff after a fantastic dice against Gregg Price that had the spectators enthralled.Markgraaff’s win saw him take the 31-40 title, while Price won in the 41-50 age group. Lliam Hunt was the top under-13 finisher.Veteran starsLorna Cochran lifted the women’s record for the oldest finisher to 84 years of age, while Mike “Buthy” Arbuthnot swam the Mile for the 35th year in succession. Having been a part of the 8-Mile Club previously, he has swum the race 65 times in total!Apart from Adrian Garvey swimming all eight events, a few other ex Springbok rugby players were in attendance. Former captain Gary Teichmann swam the first race, while Os du Randt was on hand to support his wife, Hannelie, who in her younger days won her national colours for swimming. Want to use this article in your publication or on your website?See: Using SAinfo materiallast_img read more

Compton looking for player who can match up with Fajardo, Slaughter

Filed under: cffyahrn — Tags: , , , , — admin @ 10:05 pm November 30, 2019

first_imgJapan ex-PM Nakasone who boosted ties with US dies at 101 CPP denies ‘Ka Diego’ arrest caused ‘mass panic’ among S. Tagalog NPA “The biggest position in need is someone to match up with June Mar and Greg. It’s really a challenge, like you look at Ginebra in the Finals right now, look at their length,” he said.That’s why Compton is desperately wishing for a miracle that against all odds, the four teams ahead of Alaska will surprisingly shy away from tabbing Standhardinger in this draft which will let the Aces swoop the Fil-German forward in.“If he drops to five, I’m hoping. If people are gonna pass up on him and he drops to five, yes, we will be open to taking him,” the affable bench tactician said.ADVERTISEMENT Typhoon Kammuri accelerates, gains strength en route to PH Danny Kingad: student by day, fighter by night QC cops nab robbery gang leader, cohort LATEST STORIES Stronger peso trims PH debt value to P7.9 trillion Alaska coach Alex Compton. Photo by Tristan Tamayo/ INQUIRER.netAlaska coach Alex Compton knows that with his team picking fifth in the 2017 PBA Rookie Draft, he has no choice but to wait for the proceedings to pan out.“This draft already has its top five players and I don’t think there’s a lot of surprises for us. I think there’s some good talent in the draft, so we’ll just have to wait,” he said.ADVERTISEMENT Kammuri turning to super typhoon less likely but possible — Pagasacenter_img Read Next MOST READ Brace for potentially devastating typhoon approaching PH – NDRRMC Christian Standhardinger and Kiefer Ravena are the consensus 1-2 picks in the annual rookie selection, which leaves bluechip recruits Jeron Teng, Raymar Jose, and Jason Perkins for picks three to five, the last of those expectedly being the Aces’ man.Compton knows that he can’t go wrong with any of those five as he maintains the mentality of picking the best talent available at their spot.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutHowever, with Alaska desperate to get back to contending for titles, the American mentor said that getting a frontcourt player that can compete with the likes of June Mar Fajardo and Greg Slaughter should be of high priority for teams who want to win a championship.“Most places where basketball is played, it’s the hardest to find a dominant big man. I heard there’s a pretty good one in the PBA who has won four straight MVPs,” said Compton, displaying his signature wit to the media once again. “Those guys don’t grow on trees. It would be nice if I could go to that tree and pick a June Mar, but that’s not what happens. Kin of Misamis Oriental hero cop to get death benefits, award — PNP Trending Articles PLAY LIST 00:50Trending Articles01:44Philippines marks anniversary of massacre with calls for justice01:00Chief Justice Peralta on upcoming UAAP game: UP has no match against UST01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games Don’t miss out on the latest news and information. View commentslast_img read more

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