Affordable Home Shortages and Housing Values

Posted On May 31 2021 by

first_img Tagged with: Affordability CNBC Home Prices Homebuyers Homes HOUSING real estate Reuters  Print This Post David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Home prices are rising faster than wages and inflation as a shortage of affordable homes continues to remain a headwind for many homebuyers. This acute shortage will continue over the coming year, according to real estate analysts polled by Reuters recently.”Housing prices have regained losses since the recession, but homeownership remains unaffordable for many because supply hasn’t kept up with demand,” Reuters said in this video.Watch this video to learn what else the poll revealed: Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Affordable Home Shortages and Housing Values About Author: David Wharton Previous: Rental Investment: Teaming to Benefit the Bottom Line Next: Five Star & Aspen Grove Revamp Mortgage Industry Certification Platform Demand Propels Home Prices Upward 2 days ago June 13, 2018 1,445 Views center_img Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Market Studies, News Demand Propels Home Prices Upward 2 days ago Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily Affordability CNBC Home Prices Homebuyers Homes HOUSING real estate Reuters 2018-06-13 David Wharton Home / Daily Dose / Affordable Home Shortages and Housing Values Subscribelast_img read more


Madrid insists Spain ‘safe’ despite coronavirus surge

Posted On Oct 19 2020 by

first_imgTopics : Spain suggests islands exemption Gonzalez Laya said one possibility was to exempt Britons from the quarantine if they were returning from the Balearic or Canary islands, where cases has been limited.The British government defended the quarantine requirement, which took effect at midnight on Saturday, just hours after it was announced.”The data… showed a big jump right across mainland Spain,” Foreign Secretary Dominic Raab told Sky News. “We can’t make apologies for doing so,” he said, adding: “We must be able to take swift, decisive action.”Among Britons affected by the decision is Transport Secretary Grant Shapps, currently holidaying in Spain.The health ministry is particularly concerned about the situation in Aragon and Catalonia, where the regional authorities have urged residents of Barcelona to stay at home. They also decided on Friday to close nightclubs and bars, considered hotbeds of contagion. Most regions have tightened the screws by reinforcing the compulsory use of masks, which must be worn at all times in the street under threat of a fine. Some of them are limiting the number of people who can meet or banning visits to retirement homes. But the central government insists that this is not a “second wave”.It has ruled out the possibility of a new state of emergency, like the one earlier this year, when Madrid imposed a strict lockdown in mid-March that was not completely lifted until June 21.Spain, one of the countries most affected by the pandemic, has reported 272,400 cases and more than 28,400 deaths. The Spanish government insisted Sunday that despite a recent surge in coronavirus cases, the country was safe to visit.Foreign Minister Arancha Gonzalez Laya was moving to allay fears after some countries reimposed travel restrictions on Spain.”Spain is a safe country,” she told reporters. “Like other European countries, Spain has new outbreaks. It’s not unusual.” Madrid is making “great efforts to control these outbreaks”, she said after Spain reported nearly 1,000 new cases on both Thursday and Friday. As well as killing more than 28,000 people, the coronavirus has dealt a major blow to Spain’s tourism industry, which normally accounts for 12 percent of GDP.The number of COVID-19 cases has tripled in two weeks, and the authorities are monitoring more than 280 outbreaks.Passengers arriving from Spain to the UK must now spend a fortnight in isolation. Norway has reimposed quarantine on travellers from Spain.  And French Prime Minister Jean Castex “strongly recommended” Friday that the French avoid going to Catalonia, a region in northeastern Spain where the epidemic is particularly on the rise. Earlier Sunday, a spokesman for the Spanish foreign ministry told AFP that the new outbreaks had been “located, isolated and controlled”. Madrid was “in contact” with London whose decisions it “respects”, he added.last_img read more


Regal make it two in two!

Posted On Sep 18 2020 by

first_img…cart off PM T20 Softball Cup Legends and Masters titlesBy Frederick HalleyIT was billed as a grudge match and the battle of the two top teams in the Over-45 category of this year’s Prime Minister T20 Softball Cup. In the end, it turned out to be a damp squib as defending champions Regal Masters made light work of Mike’s Wellman in yesterday’s final, played at the Everest Cricket Club ground, Camp Road, Georgetown.Watched by hundreds of spectators on a brilliant day for cricket, Mike’s Wellman were skittled for a disappointing 83 in 19.5 overs. Regal Masters, through a fine 51 from the consistent Ramesh Deonarine, raced to the required target off 13.1 overs, winning their third consecutive title in the process. Yesterday’s victory followed a similar win over Wellman last year in a much closer final.Regal Masters with acting Prime Minister Khemraj Ramjattan.Regal Masters lost opener Yuniss Usuff for one in the second over with only eight runs on the board. However, any hopes Wellman had of defending a small total were dashed by Deonarine and Khemchandra Dindial who added 74 for the second wicket before the former departed with just eight needed for victory.The left-handed Deonarine’s knock included four fours and two sixes while Dindial was undefeated on 22 (two fours) when victory was achieved. Clyde Canterbury took one for 12 from three overs and Greg DeFranka one for 22 from four.Asked to take first strike, Mike’s Wellman’s innings never got going as wickets fell at regular intervals while the run rate was also stagnant. Opener Lloyd Ruplall (23), Nandram Samlall 19) and skipper Wayne Jones (14) were the only players to reach double figures as Lawrie Singh bowled brilliantly to finish with three for 11. He received great support from Bobby Parasnauth (three for 12) and Dindial three for 17.Deonarine was adjudged man-of-the-match and also copped the Most Valuable Player award for the Over-45 category. His winnings included a 32-inch television, a trophy and $10,000.Regal Masters took home the grand prize of $500,000 and the winner’s trophy while runners-up Wellman received $100 000 and a trophy. Players from both teams were also recipients of medals.In the Legends Over-50 final, played earlier in the morning, an emphatic opening partnership of 126 by Veerapen Moonsammy (63) and Mahesh Chunlall (61 not out) enabled Regal Legends to register an emphatic nine-wicket victory over New York President’s XI to cart off the inaugural title.Chasing the visitors 139 for six, Regal Legends achieved the required target with five overs to spare in the 20-over affair with left-handed man-of-the-match Moonsammy slamming seven fours and a six before he was dismissed with just 14 needed for a commanding win.The experienced Chunilall, who was accompanied by Lynden Lyght (five not out) at the end, struck three fours and a six as the President’s XI bowlers toiled in sunny conditions without success. The lone wicket went to Dharam “Wadekar” Persaud who’s lone over cost nine runs.Earlier, President’s XI were given a positive start of 55 in eight overs by openers Dennis Mangroo (33) and Mohamed Rafeek (30) after being asked to take first strike.The middle-order however failed to maintain the momentum with only Roger Mattar bolstering the innings with a well-played 50 with five fours and a six. In the end, the 139 proved inadequate. Eon “Rapper” Abel took two for 20 and Parsram Persaud one for 19. Two run outs also didn’t help their cause.The win guaranteed Regal Legends $300,000 while New York President’s XI received $100,000 for their efforts. Man-of-the-match Moonsammy collected $10,000 and a trophy while players from both teams were adorned with medals.Up to press time, the main feature of the day’s exciting programme, the Open final, between Regal All Stars and SVC Grill Masters was in progress following a female’s exhibition game which saw Wonderwoman’s XI and Factory Price Divas battling for supremacy.A win by Regal All Stars would guarantee them all three titles in the third edition of the Prime Minister T20 Softball Cup. Two-time defending champions Speedboat were eliminated yesterday after failing to reach the semi-finals via net run rate.last_img read more


Crepaldi, Forand Enjoy Special Night Being Honored By New Jersey Devils

Posted On Aug 4 2020 by

first_imgBy Rich Chrampanis NEWARK – Middletown South defense-man Demitri Forand and Trinity Hall winger Adriana Crepaldi stood in front of the New Jersey Devils locker room anxious to see who was coming out of the door. The local duo was being honored at Monday night’s game at the Prudential Center against the Blackhawks for having two of the top five high school goals in the state as selected by the NHL team and Jersey Sports Zone.  “I was very thankful to be nominated and having it play on the screen was very exciting,” Crepaldi said. “Everyone was saying ‘great goal’ and I was just smiling and laughing.”  Severson didn’t light the lamp, but he did have an assist in the Devils 8-5 win over Chicago. Forand and Crepaldi were treated to dinner prior to faceoff and then when the Zambonis hit the ice for the second inter- mission, the final big moment of the night came. The top five high school goals of the month played on the Prudential Center’s scoreboard, the largest indoor arena video system in the world. In front of thousands in attendance, the crowd let out some oohs and aahs followed by applause when Crepaldi’s goal was shown to rabid hockey fans.  It was extra special for the Middletown South junior since he got praise from a fellow blueliner.  Middletown South defenseman Demitri Forand’s one-timer goal was praised by Devils de- fenseman Damon Severson.Courtesy: Jay Cook “One-timer. Nice. It’s been a while since I’ve scored one of those,” Severson said when watching Forand’s blast. “That looked good. Nice shot. The goalie’s looking for it, he wants to know what happened.”  After the top five goals around the state were selected, the debate came as to who deserved the number one spot in the countdown. When it was decided that Crepaldi’s dazzling move around the defender to score on a backhand in Trinity Hall’s first-ever varsity game earned the top spot, Severson agreed with the selection.  In addition to her mother and brother watching the big moment, a number of Adriana’s Monarchs teammates on the ice were on hand to witness Trinity Hall in the hockey spotlight.  “It really means a lot. I look up to these guys, I watch them every night,” Forand said. “To see an NHL guy talk about my goal like that, it’s something I’ve never seen before. It means a lot to me. A wonderful feeling that I’ve never felt before.”  Adriana Crepaldi had her Trinity Hall teammates by her side when her goal played on the scoreboard at the Prudential Center and received a big reaction. Courtesy: Jay Cook When Devils defenseman Damon Severson emerged to shake hands with the recipients, what followed next was a special moment that will stick with Forand and Crepaldi a lifetime. Severson took a good look at the video of all the top goals being honored. First up was Forand’s one-time blast from the point that scorched the net against Point Pleasant Boro back on Dec. 11.  “Oh yeah, that’s the best one. Sorry boys but she’s got you beat,” Severson said when watching the Crepaldi goal with the honorees. “Toe drag to the middle, backhand high glove. That was nice. Those girls were watching you skating around them, that was beautiful. Hopefully, I can score one like that tonight.”  “If it wasn’t for them, this wouldn’t have happened,” Crepaldi said with her teammates by her side.  The Devils organization makes it a point to have a strong connection with New Jersey’s high school hockey community. From hosting the New Jersey state championships to honoring the captains of every varsity team prior to the season, the Devils Goals of the Month is yet another example how New Jersey’s pro hockey team has a special connection with the grassroots of the sport.last_img read more


Mount Sentinel Grad Katie Wayling sets up shop in Florida

Posted On Aug 3 2020 by

first_imgThe Panthers, 21-8, opened States with a five-set victory over Florida State College at Jacksonville.However, Palm Beach State lost to top ranked Miami-Dade 3-1 and before being swept 3-0 in the rematch against Florida State College at Jacksonville.By the way, the weather in West Palm Beach recently has been a balmy 26 C.
The Nelson Daily: Take me through the way you got to attend Palm Beach to play volleyball.Katie Wayling:I look at life as one big adventure.  As my grad year came to it’s last few months I started thinking more and more about how I could get out and live life to it’s fullest.I began to realize all the opportunities that were right there in front of me so I set out to pursue one and it landed me here. I started by researching schools in areas that I would like to travel to.  After emailing several different schools, I came across PBSC (Palm Beach State College).  I contacted the coaches and after they reviewed my game footage they offered me the full ride scholarship. How could I pass up the opportunity to not only play volleyball at the collegiate level, but also travel to a place I have never been before!  I took the chance, packed my bags and hopped on a plane to Florida saying goodbye to everything familiar to me . . . and all I can say is I couldn’t be happier with my decision.TND: How’s the volleyball experience?   KW: Not only are my coaches very kind, but they make me see the game in ways I didn’t know existed. Running plays I have never ran before makes things new and exciting so I enjoy every opportunity I get to get better. I feel as though I have become a much stronger setter since training here.  I have a great time with all the girls on and off the court and have certainly made friendships that will continue down the road for many years to come. This is the exact level I wanted to compete at so I am very content.
TND: Are you getting lots of time? 
KW: We started the season running a 6-2.  I would play three rotations, sit three rotations, then back in for three again and so on.  About a month into the season we began running a 5-1 with me as the starting setter. I have been getting plenty of playing time with the exception of a couple games that I was out due to a shoulder injury. 
TND:  Do you live on campus?KW: The majority of student-athletes live in Emerald Lake’s apartments and town houses.  It is a very nice complex surrounding a lake less than a mile off campus.  I live in a two-story town house with three teammates. The houses are very nice and spacious- LOVE having my own room.
 
TND:  Did you think last year at this time, during Grade 12 season with the Cats, you’d be playing varsity volleyball in Florida?KW: I had no idea where life was going to take me at that point. TND: Did your time at Mount Sentinel prepare you for life outside the Kootenays?KW: The months I spent with classmates, (the) teachers of Quest for Community, the things I experienced and life lessons I discovered in that time span have had more impact on shaping me into the person I am today than anything else in my life.  TND: And what about all those bus rides, tournaments and provincials as a member of the Wildcats?KW: All of the great times and achievements that were had with (varsity volleyball coach) Joe (Moreira) and the Cats will never be forgotten.
 [email protected] As an athlete at South Slocan’s Mount Sentinel High School, Katie Wayling has done it all — well almost everything.Moving from Stanley Humphries in Castlegar during her Grade 9 year the budding volleyball/basketball star made an immediate impact on the varsity girl’s teams.During the four years at Mount Sentinel Wayling was part of a pair of provincial titles, both — B.C. High School A Girl’s Volleyball Championship in 2007 and B.C. High School A Girl’s Basketball crown in 2008— coming in the same school year. Wayling, 18, achieved the rare feat while playing with older sister Kendra.Something very rarely accomplished at the high school level, especially in the Kootenays.Wayling also played for Team B.C. Volleyball squad in the summers of 2007 and 2008.But athletics is not the only highlight of Wayling’s schooling.In January of this year, the daughter of Rand and Christine Wayling was part of the Mount Sentinel School trip that was in Haiti during the earthquake.Which was an event that definitely gave the 5’7” setter from Canada a different outlook on life.So much so that Wayling has allowed very little moss to grow under her feet as she is now attending school in sunny Florida at Palm Beach State College, located 60 miles north of Miami in Lake Worth, Florida.The Nelson Daily Sports Editor Bruce Fuhr caught up with Wayling prior to leading the mighty Panthers into the National Junior College Athletic Association Florida State Championships Women’s Volleyball Championships in Winter Haven.last_img read more


2 fined $25,000 each for brazen V/Hoop jetty robbery

Posted On Jan 12 2020 by

first_imgTwenty-one-year-old Anil Mohamed of Jetty Squatting Area, Vreed-en-Hoop, West Coast Demerara (WCD) and Floyd Frank, also 21, of Plantation Best, WCD, were each fined $25,000 by Magistrate Annette Singh last week after they admitted to robbing Cyan McIntyre with offensive weapons on December 29, 2017.According to the Prosecution’s case, McIntyre was at Tajo’s Bar at Pouderoyen, West Bank Demerara and after having a conversation with two females, he followed them to the seawall at the Jetty Squatting Area in Vreed-en-Hoop. It was at this location that Mohamed, armed with a knife, and Frank, with a cutlass, pounced on McIntyre, relieving him of $43,000 cash before escaping into the night.After the ordeal, McIntyre reported the matter at the Vreed-en-Hoop Police Station and based on information provided, the two females were arrested. Sometime after, they confessed and identified the two robbers who were later charged for their criminal act.When they appeared at the Wales Magistrate’s Court late last week, Mohamed, who was barely audible, indicated that he works with a manufacturing company at Diamond, East Bank Demerara while Frank, who was all smiles, said he works in landscaping with a company. Asked by Magistrate Singh why they got involved in such an act, the duo could not explain themselves or say what they did with the money. They however offered the victim a portion of the sum which they took from him. This amounted to $19,000 – $10,000 from Mohamed’s relatives and $9000 from Frank’s relatives.In appealing for a reasonable sentence, both men asked for leniency, with Frank telling the court that he supports his wife, mother, a sister and two nephews, who all reside in the same home. In considering their sentence, Magistrate Singh took into consideration their ages, family situation and the fact they recompensed the victim a sum of the money that was stolen. If they do not honour their obligation to pay the $25,000 fine, they will spend two months in prison.last_img read more


Geocaching Caption Contest 3 – Win a Barely Coveted Prize

Posted On Dec 17 2019 by

first_imgWinning Entry, “Fly me to the moon…..Let me cache among the stars! Let me have a FTF …..on Jupiter and Mars!” – jenbutlast_img


Paying It Forward – Online And Mobile Style [Sponsored Post]

Posted On Dec 15 2019 by

first_imgmichael singer Related Posts Even as the industry finds ways to address these issues, experts agree that the potential benefits are too great to ignore. So just about every company in the financial industry is doing what it can to explore the concept with early adopters and build products that will eventually appeal to everyone.Toward A New NormalA $5 bill in your pocket may not buy much these days, but it still comes in handy when you want to leave a tip or buy a bag of fruit at the farmer’s market. The need for cash will be around for a long time, but over time it’s likely to become the exception rather than the rule.The ascendancy of mobile and online payments will be clear when we stop talking about “online payments” and “mobile payments” as something different or exotic, noted Innopay’s de Lange in his report. It will just be another way to buy stuff:“The world is becoming more and more ‘e.’ So the merger of offline and online is basically the disappearing of the first and the latter taking over. In a few years’ time, we will not be writing about e-payments or online payments because it will no longer be a meaningful category. We do still recognize channels and contexts and online payments will diversify to cater for all these channels and contexts.”As buyers and sellers become more and more comfortable with the online and mobile payments, the more likely they will reach for their digital wallets over their real ones. Without even noticing that they’re doing anything noteworthy. Tags:#e-commerce#Mobile Payments#online payments#Payments#What’s In Your Mobile Wallet? What it Takes to Build a Highly Secure FinTech … Why IoT Apps are Eating Device Interfaces Role of Mobile App Analytics In-App Engagement While paying with cash or credit cards won’t go out of fashion anytime soon, but they’re getting some serious competition. Online payments and e-wallets are about to shape not only how, but where and when we buy things. Even more important, they will give consumers the power to choose the payment methods that work to their advantage.Catching Up To The FutureAdvanced payment systems are not a new concept. Science fiction writers like Arthur C. Clarke and Ray Bradbury predicted electronic commerce and futuristic payment systems long before they existed. Both men pointed to a time when people and machines come together, exposing the possibilities of individual identity within a larger ecosystem.In 1974, Clarke predicted personal computers, the Internet and online banking. Bradbury’s Guy Montag from “Fahrenheit 451” used an ATM years before they were invented.Today, futurists today like Ray Kurzweil opine about the “Eternal E-Customer” offering tantalizing glimpses of how devices and people combine in symbiotic relationships. Take the world’s current fascination with smartphones. The fact that we can check our bank balance, pay for groceries and give our kids their allowance all with one small device that we carry around with us all day, indicates the intense desire for a simple, portable and personal way to interact with our finances.What’s Possible NowA variety of companies and industries have been working hard to transform online and mobile systems. The larger credit card issuers have recreated their services online, while companies like PayPal transcend the traditional approaches to online payment. Mobile device makers, telecom carriers and others are now weighing in, with the likes of Google Wallet, Apple Passbook, ISIS Mobile Commerce (a collaboration between AT&T, Verizon, and T-Mobile), and Visa’s E-Wallet making the most noise.As more providers enter the fray, the benefits to consumers become clearer, including electronic coupons, discounts and reduced fees. In the U.S. alone, the redemption value of “deal-a-day” offers – offers distributed via digital channels that typically expire within a few days – will reach $3.9 billion by 2015, according to a McKinsey research report. These coupons are partially a result of brand loyalty, according to Jip de Lange, a consultant at Innopay.“We see payment methods that were originally offered online are now being offered in offline contexts as well, as the PoS [point of sale] terminal functions basically as Internet-enabled device,” de Lange wrote in the Ecommerce Europe: Online Payments 2012 report. “This move not only secures growth potential for years to come, but also increases the relevance of these payment methods as they become part of consumers’ day-to-day routine.”Uneven ProgressMany governments are already moving toward supporting online payment systems. The U.S. Government’s Pay.gov service lets citizens pay and be paid by the government using online accounts. People in Latin America, China, India and Africa are even more likely to incorporate mobile devices in their online payment transactions. Europeans trend toward using online accounts for shopping the Internet, with 58% having done so in 2011, Ecommerce Europe notes.Not all online payment technologies will emerge at once, and not all will eventually succeeed. Researchers at Gartner estimate that Near Field Communications (NFC) is at least five years away from mass adoption. In the meantime, security concerns and the lack of immediate adoption is making many companies disillusioned with aspects of NFC as a payment method: Google is all in, while Apple and PayPal are not.Perceptions of security and privacy remain key issues for all online and mobile payment systems. A recent study by Edgar, Dunn & Company and sponsored by MasterCard noted that the lingering negative public opinion associated with online payments is hindering broader adoption. The Rise and Rise of Mobile Payment Technologylast_img read more


ISIS car bomb kills five in northeast Syria

Posted On Oct 18 2019 by

first_imgAl-Qahtaniya (Syria): A car bombing claimed by the Islamic State group killed five people, including three children, in a Kurdish-held town in northeast Syria on Wednesday, a war monitor said. The explosive-rigged vehicle detonated in Al-Qahtaniya, a town in Hasakeh province, said the Syrian Observatory for Human Rights, a Britain-based monitor. Hoker Arafat, a security official, said the bomb was detonated remotely in front of the town post office. Also Read – Saudi Crown Prince ‘snubbed’ Pak PM, recalled jet from US”Three children were killed in the bombing because it was very close to a primary school,” he said. A member of the local security forces was wounded in the attack, he added. State news agency SANA also reported the bombing, saying it killed several people, including children. IS claimed the attack on its Telegram channel. The jihadist group routinely claims attacks in northeast Syria, despite its territorial defeat earlier this year. Such attacks have included arson against wheat fields and deadly car bombs. IS maintains a presence in the country’s vast Badia desert, as well as in areas controlled by the Kurdish-led Syrian Democratic Forces in the country’s northeast and east. The SDF, backed by the war planes of a US-led coalition, announced the end of IS’ self-proclaimed “caliphate” in March in the village of Baghouz, in Syria’s far east.last_img read more


MMIW talks wrap up for now

Posted On Oct 14 2019 by

first_imgAPTN National NewsAboriginal groups, territorial and provincial leaders are back home but if you believe what they have to say, the next meeting on missing and murdered Indigenous people will happen at the end of next year.After two tumultuous days of meetings in Ottawa, leaders are saying this s the start of change.APTN National News wraps up the meetings.last_img