The Key to Sustained Housing Growth

first_img Share Increasing the affordability of housing will be key to ensuring healthy, sustained growth of the industry according to the latest quarterly report released by the National Association of Realtors (NAR).The report, which looks at metropolitan median area prices and affordability for Q4 2018 indicated that while inventory increased and metro market prices rose at a slower pace during the period total existing home sales decreased 1.8 percent to a seasonally adjusted 5.18 million in Q4 down from 5.2 million in Q3 2018. On a year over year basis, home sales fell 7.4 percent from 5.59 million during the same period in 2017.Home prices for single-family homes increased in 92 percent of NAR’s measured markets in Q4 with 163 of the 178 metros showing sales price gains in the fourth quarter compared to a year ago. However, the report indicated 14 metro areas experiencing double-digit increases, down from 18 in the third quarter.“Home prices continued to rise in the vast majority of markets but with inventory steadily increasing, home prices are, on average, rising at a slower and healthier pace,” said Lawrence Yun, Chief Economist at NAR.The inventory also increased during the quarter with 1.55 million existing homes available for sale compared with 1.46 million at the end of Q4 2017, showing an increase of 6.2 percent. The average supply during the quarter was four months, up from 3.5 months during the same period in 2017.Despite these increases, Yun said that housing affordability would be the “key to sustained healthy growth in the housing market” in the near- to long-term. “Housing starts fell far short of historically normal levels, with only 9.6 million new housing units added in the past decade; compared to 15 to 16 million that would have been needed to meet our growing population and 20 million new job additions,” Yun said.Looking at the most and least expensive housing markets of the quarter, the report indicated that four of the five most expensive markets were in California with median existing single-family price ranging from $1.2 million to $626,000. The only non-California market on this list was Urban Honolulu, Hawaii, where median home prices stood at $812,900.The five cheapest housing markets were Decatur, Illinois, $89,300; Youngstown-Warren-Boardman, Ohio, $97,200; Cumberland, Maryland, $109,100; Elmira, New York, $111,400; and Erie, Pennsylvania, $113,300.Click here to read the full report. Construction Starts Home Prices Home Sales homes HOUSING Housing Market Inventory NAR 2019-02-12 Radhika Ojha in Daily Dose, Data, Featured, Newscenter_img February 12, 2019 1,616 Views The Key to Sustained Housing Growthlast_img read more

National Mortgage Lender to Open New Regional Office

first_img May 1, 2019 493 Views Banking texas 2019-05-01 Mike Albanese in Featured, News National Mortgage Lender to Open New Regional Officecenter_img Planet Home Lending, LLC, a national mortgage lender and servicer, opened a regional office in Irving, Texas.As the company’s first Regional Operating Center (ROC), the 25,000-square-foot facility accommodates about 130 employees, and offers space to expand to house more employees.The ROC has five conference and training rooms, in addition to access to a large-scale meeting and conference center.Employees and departments previously based in Dallas have moved to the new office. This includes legal and enterprise risk management, credit policy, origination support service, national operations, human resources, IT, project management and servicing.  “As Planet Home Lending grows, we can tap into Dallas’ significant mortgage industry talent pool. It’s also a central meeting location for our executives and leadership, who are based in multiple states,” said Suzy Lindblom, Executive Vice President, National Operations. “The ROC gives us additional leverage in assisting our clients in Planet Home Lending’s national footprint.”Dallas is an enhancement to our already remarkable sites, like Meriden, Connecticut; Tampa, Florida; Columbia, Maryland; and Rochester and Melville, New York. The Dallas site supports our talented local mortgage processors as well as sales professionals in our regional offices and our national retention retail hubs.”Since 2017, Planet Home Lending has grown its employee base by 22% to support growth in the company’s retail footprint and the expansion of its correspondent and sub-servicing businesses. Sharelast_img read more

Walmart disappointed by UKs blocked AsdaSain

first_img Walmart “disappointed” by U.K.’s blocked Asda-Sain … U.K.: Asda overtakes Sainsbury’s as second-largest … “Grocery retailers do not have a great record of treating their suppliers well,” the committee’s chair Neil Parish was quoted as saying.“My committee is holding this session to investigate how the biggest potential shake-up of the grocery market in recent years could affect British farmers and suppliers, as well as consumers.”In May, U.K.-based non-profit cooperative Banana Link said the proposed deal was “not good news” for fruit A British parliamentary committee will question the CEOs of the U.K.’s second- and third-largest supermarkets, Sainsbury’s and Asda, ahead of their proposed tie-up, Reuters reported.In April, Sainsbury’s announced a 7.3 billion pound deal to buy Asda, the U.K.-based subsidiary of U.S.-based Walmart. If it goes ahead, the combined giant will overtake Tesco as Britain’s biggest supermarket group.The competition regulator has started a preliminary probe into the deal ahead of a formal investigation, while on Wednesday MPs from the Environment, Food and Rural Affairs Committee said that they would also gather evidence on it, according to Reuters.center_img June 14 , 2018 You might also be interested inlast_img read more

Top Stories

first_img Top Stories Comments   Share   As unfair as that may be for Fitzgerald, it’s not as ifanyone is ignoring his greatness. The receiver had ninecatches for 149 yards in Sunday’s 23-20 win over theSeahawks, bringing his season totals to 80 receptions and1,411 yards to go with eight touchdowns. That Fitzgeraldhas done this with shaky QB play (his nine receptions cameon 18 total targets Sunday) makes it all even moreimpressive.“What a warrior he is,” Cardinals coach Ken Whisenhuntsaid. “So glad that, obviously, Larry is with us, what hebrings to the team; he just makes big plays.”Of Fitzgerald’s nine receptions, all but one came in thesecond half, and his three for 46 yards in overtime helpedsetup the game-winning kick. “I’m just fortunate John gave me an opportunity to make aplay and contribute down the stretch,” Fitzgerald said.Yeah, Larry is fortunate the Cardinals gave him a chance.Or, perhaps, the Cardinals are fortunate to have a playerof Fitzgerald’s caliber on the roster.“Larry Fitzgerald,” defensive lineman Darnell Dockettmused, “I’m glad to have him on my team.”Even with the big numbers, Arizona had plenty of chancesto get No. 11 the ball early and failed. Skelton blamedhimself for a couple of overthrows, and Whisenhunt saidhis star could have “had a monster day.” Don’t tell the Seahawks Fitzgerald’s day wasn’t monstrous.“He’s as good as you can get at this game, and he showedit,” Seahawks coach Pete Carroll said, acknowledging thathe can’t help but marvel at some of the things Fitzgeraldcan do on the field.But that’s just it with Fitzgerald, since he may be theonly player who could make amazing catches on the way tohaving a stat line like the one he posted in Sunday’s winstill feel like he could have done more.“I was upset that I didn’t make the one on the sidelinebefore regulation ended, that’s the one I was pissed offabout,” Fitzgerald said of a pass that would have gone fora first down but, in reality, was a pass few would havecome down with. “I wanted to make sure I came back andtried to redeem myself and put our team in a goodposition.”Pick a superlative — any superlative — and chances areit will describe Fitzgerald and his impact on theCardinals. Whisenhunt praised his receiver’s work ethicand leadership abilities, and anyone who watches the guyplay knows where he ranks among the NFL’s greats. “He made some unbelievable catches that only a couple guyson this Earth can make,” Seahawks cornerback RichardSherman said. Nevada officials reach out to D-backs on potential relocation That could work.Or, maybe, the best way to describe what Fitzgerald didSunday – and, really, his entire career – was how Skeltondid after the game.“It’s Larry being Larry,” he said. “He’s done it all yearand his whole career. “It’s just awesome having him out there.”center_img D-backs president Derrick Hall: Franchise ‘still focused on Arizona’ Larry Fitzgerald reached out with his right arm, grabbedthe football and fell to the ground. The reception, which was good for 12 yards, wasFitzgerald’s last of the season, his ninth of the day and,arguably, one of the coolest catches you’ll ever see.Not that his second one-handed grab of the day impressedhis teammates.“We come to expect that from Larry,” quarterback JohnSkelton said. “It’s almost like it’s not even a shockeranymore because he does it so often.” What an MLB source said about the D-backs’ trade haul for Greinke Cardinals expect improving Murphy to contribute right awaylast_img read more

The Arizona Cardinals are worth a lot of money B

first_imgThe Arizona Cardinals are worth a lot of money.But in NFL terms, their value is actually near the bottom of the list.According to Forbes, the Cardinals’ team value sits at $1 billion.With a 2013 revenue of $266 million and an operating income of $43 million, the team is fairly profitable.The report notes the St. Louis Rams are the least-valuable team in football, valued at a paltry $930 million. The Dallas Cowboys, who top the list, are valued at $3.2 billion. The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Derrick Hall satisfied with D-backs’ buying and selling Top Stories Former Cardinals kicker Phil Dawson retires Grace expects Greinke trade to have emotional impact Comments   Share   last_img read more

San Francisco 49ers quarterback Blaine Gabbert 2

first_imgSan Francisco 49ers quarterback Blaine Gabbert (2) is sacked by Arizona Cardinals outside linebacker Markus Golden (44) as defensive end Frostee Rucker (92) follows during the second half of an NFL football game in Santa Clara, Calif., Thursday, Oct. 6, 2016. (AP Photo/Ben Margot) Former Cardinals kicker Phil Dawson retires 0 Comments   Share   He has been hampered by injuries the last two seasons, however, and in 2016 managed just 25 total tackles along six tackles for loss, with four QB pressures and five QB hits. It was the first time since 2007 where Rucker failed to record a sack.Last month Rucker, who has 20 career sacks, said he wanted to return to the Cardinals, and was finally feeling healthy after battling knee and ankle issues last season.Rucker entered the NFL in 2006 as a third-round pick out of USC, and has played for the Cincinnati Bengals and Cleveland Browns as well as the Cardinals. All I ever wanted was a chance today I got another one! Here’s to a healthy , strong and dominating #Year12 #AzCardinals #TustinUp #FightOn— Frostee Rucker (@theorganicfrost) March 17, 2017The 33-year-old Rucker joined the Cardinals as a free agent in 2013, and since then has provided steady play along with leadership in the locker room. Top Stories center_img Derrick Hall satisfied with D-backs’ buying and selling The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo The Arizona Cardinals’ defensive line will look a little different next year with Calais Campbell now in Jacksonville, but they have found a way to keep another key member in the fold.As first reported by Arizona Sports 98.7 FM’s John Gambadoro and later confirmed by the team, Frostee Rucker signed a one-year contract with the team on Friday. Grace expects Greinke trade to have emotional impactlast_img read more

Go back to the enewsletter Mayor Bill de Blasio a

first_imgGo back to the e-newsletterMayor Bill de Blasio and NYC & Company today announced that 2015 was the sixth consecutive year for record-breaking tourism, with the city welcoming an estimated 58.3 million visitors last year, an increase of 1.8 million visitors than the year before.  Visitation for 2015 comprised 46 million domestic and 12.3 million international visitors, both all-time highs.Hotel demand was also strong with a record 33.7 million hotel room-nights sold, and meeting and convention delegates reached new heights, with a total 6.1 million attendees. The announcement was made by NYC & Company President and CEO Fred Dixon and Chairman of the Board of Directors Emily K. Rafferty during NYC & Company’s Executive Committee Meeting today.“Through the hard work of NYC & Company, and their support of the city’s various attractions, 2015 marked a new milestone for NYC tourism. As the safest and most exciting big city in America, we have so many rich offerings that continue to make the five boroughs a global draw,” said Mayor Bill de Blasio.“We are pleased to see a sixth year of tourism growth in New York City as we welcomed 58.3 million visitors last year. The city continues to evolve, always offering fresh reasons to visit again and again, with more new developments on the horizon. However, with the continuing pressure on the global economy and the strengthening dollar, we will all need to work even harder in 2016 to sustain our competitive edge,” said Fred Dixon.In 2015 the city saw major attraction openings such as the Whitney Museum of American Art, Ellis Island National Museum of Immigration, One World Observatory, Brookfield Place, Kings Theatre, High Bridge and Staten Island Museum at Snug Harbor. Additionally, the seven subway line was extended to Manhattan’s Far West Side at 34th Street and Eleventh Avenue and Queens benefited from being named the number one US destination by Lonely Planet. To commemorate these enhancements, NYC & Company held events around the globe to promote all these new openings under the banner of the ‘new New York’.In November NYC & Company also announced its latest tourism campaign, Unlock NYC, to promote winter travel to the city’s five boroughs.Go back to the e-newsletterlast_img read more

Go back to the enewsletter Movies viewed under th

first_imgGo back to the e-newsletterMovies viewed under the stars, paired with a specially curated menu of delectable food; freshly redecorated suites; a modernised, fully realised Italian steakhouse… modern luxury travellers need look no further than Celebrity Millennium to find all of these experiences in one place.This month, the 2138-guest vessel will emerge from a dry-dock, reenergised and more luxurious than ever, with the same line-up of stunning enhancements that Celebrity Summit and Celebrity Infinity have received in recent months at a cost of US$8 million each.Guests sailing on Celebrity Millennium in Alaska this summer will be among the first to enjoy her new spaces and experiences, and Australian guests can expect to enjoy the new features a little closer to home in Asia, where Celebrity Millennium sails from Singapore and Hong Kong to Thailand, Vietnam, The Philippines, Taiwan, South Korea and more Asian favourites.“Celebrity Millennium is now more stunning than ever before as a result of the US$8 million that we’ve invested in this dry dock,” said Lisa Lutoff-Perlo, President & CEO, Celebrity Cruises.“We have added new elements and experiences that will help open up the world for modern luxury travellers, from our gorgeously updated Suite Class staterooms to the delicious Tuscan Grille menu, and, of course, the new Rooftop Terrace.”The Rooftop Terrace on deck 12, with its large screen, chaises longues, cabanas, soundscape and decorative lighting, is a modern relaxing backdrop for Celebrity’s sumptuous new multi-sensory experience, ‘A Taste of Film’. The film programme presents modern and traditional classics that evoke a specific cultural, culinary or destination experience, paired with cuisine that brings the scenes on the screen to life through taste. The cruise brand’s culinary team, led by Michelin-starred chef Cornelius Gallagher, has carefully crafted a multi-course tasting menu for each ‘A Taste of Film’ selection.Additional dry dock enhancements will include significant renovations of the ship’s Penthouse and Royal Suites.As part of the US$8 million refresh, Celebrity is investing heavily in its Suite Class experience on Celebrity Millennium, as every Penthouse and Royal Suite will receive new glimmering fixtures, marble surfaces and comfortable seats in the bathrooms. The rest of the suite will get refreshing touches like new carpeting, drapes and bed linens.Conversion of Celebrity Millennium’s Olympic restaurant to the Tuscan Grille, Celebrity’s popular, Italian-inspired steakhouse that debuted on its Solstice Class ships, will include complete refinishing of the space and the introduction of a refreshed menu designed to tantalise, including fresh pasta made in house; an Italian cocktail menu, a first for Tuscan Grille; a wine list focused on the wine-growing regions of Italy; and new foods like artisanal salami and cheeses; crispy crab arancini with lemon pepper aioli; grilled branzino with spinach and olive oil; swordfish with Castelvetrano olives, fennel and white wine; and oven-roasted USDA Prime dry-aged steak.On Celebrity Millennium, the maritime artefacts in the Olympic restaurant will be featured in a special display area in the casino’s entry vestibule. Items include charts, maps, an original place setting, a ship model and more.Additional work taking place on board will include:The addition of an enclosed portrait studio similar to that found on Celebrity’s Solstice Class ships, Celebrity Eclipse and Celebrity EquinoxThe creation of a new future cruise sales office, where guests can take advantage of special offersA refresh of the Solarium, with new furniture, new floors and refinished pool tops, and a refresh of finishes in the spa caféThe removal of the themed décor in the ship’s casinoCelebrity Millennium entered drydock on 26 April 2016 and will emerge on 12 May 2016. This northern summer, Celebrity Millennium will sail a series of itineraries between Vancouver, British Columbia, and Seward, Alaska, before heading to Asia in September.Go back to the e-newsletterlast_img read more

Go back to the enewsletter The Sarojin is invitin

first_imgGo back to the e-newsletterThe Sarojin is inviting exclusive-use bookings of this luxury boutique resort in Thailand for the ultimate in privacy.The property, set on an 11-kilometre stretch of secluded white sand lapped by the waters of the Andaman Sea in Khao Lak, is available for a sole-use booking of up to 130 guests priced from a minimum THB430,000 (approx. AUD$16,000) per night.Accommodation is across 56 Pool and Garden Residences and new Spa Suites and guests can enjoy amazing dining, spa and adventure experiences within and around this popular holiday resort which draws many Australians to its shores each year.The Sarojin is the ideal place for celebrating a special and large-scale celebration – a wedding, birthday, reunion of family and friends, business success – or just joining together for a big party in an abundance of indoor and outdoor settings.A proposal can be tailored by The Sarojin team to suit all requirements inclusive of group return limousine or coach transfers from Phuket International Airport which is less than an hour away.The Sarojin offers guests adventures into surrounding national parks and areas of outstanding natural beauty. The famous dive sanctuaries of the Similan and Surin Islands, five primary rainforested national parks and Phang Nga Bay, with its limestone islands and captivating sea cave canoe journeys, are easily accessible. The resort provides bikes at no charge for off-road and leisurely rides through Khao Lak.Guests can Own An Elephant For A Day, participate in a Buddhist Blessing of Love and meet wonderful children from the local community during The Sarojin’s Street Food For Kids and The Camillian Centre activities.Dining is available in the resort’s Ficus and Edge restaurants, at the new informal Beach Bar or in an array of outdoor locations – including in jungle forest, by a candlelit waterfall, on a pool island pavilion, on a private sand isle, a short boat ride away and cruising aboard the luxury vessel, Lady Sarojin. Executive Chef Gogh is at the ready to host Thai cooking classes and amazing wines are unveiled at The Sarojin’s cellar tastings.Pampering and rejuvenating treatments and therapies await at the acclaimed Pathways Spa, a secluded haven, which harmoniously integrates with The Sarojin’s natural surroundings and is entered by a meandering boardwalk. For a complete workout, there is a fully equipped fitness centre and, for relaxation, an infinity pool complete with a sunken Jacuzzi lounge area.For an idyllic exclusive use wedding celebration, The Sarojin’s age-old Ficus tree amidst tropical gardens provides an exquisite canopy among the many garden, beach, sea and waterfall locations within the resort and its surrounds.The Sarojin’s wedding planner can organise the entire ceremony tailored to the couple’s requirements and any other special needs. A Buddhist monk is available to conduct a Thai ceremony whilst a celebrant can be arranged for a Western ceremony. The couple can leave everything to the planner to make it happen on the day. The reception menu, music, theming, cake, videography and photography – and more if so desired – can all be delivered by The Sarojin team.Bookings are recommended 12 months in advance to secure preferred dates.Guests not staying as part of this booking may attend associated events with participation and costings to be confirmed prior to the visit. Children under the age of 10 are unable to stay in the resort.Go back to the e-newsletterlast_img read more

Go back to the enewsletter Business Class travell

first_imgGo back to the e-newsletterBusiness Class travellers on SWISS long-haul services can now enjoy a new line of amenity kits. The new collection and its design have been developed in collaboration with Victorinox, the renowned manufacturer of Swiss pocket knives. A total of six different kits have been created in all, which will be offered on board at differing periods. The collection has been specifically designed so that all the kits are reusable and can partially be combined.The collection for long-haul flights from Switzerland includes a practical passport holder, a travel toiletries bag with inner pockets and a longer bag with an inner pocket. On long-haul flights to Switzerland Business Class travellers will be offered a high-quality metal tin that is modelled on the Victorinox suitcase design and can find further use as a pen or pencil box.Every kit contains a toothbrush and toothpaste, a lip salve, a sleep mask, socks and earplugs. The new Victorinox Business Class amenity kits will be available in Business Class on SWISS flights for the next three years.Go back to the e-newsletterlast_img read more