Where Housing Affordability Is Improving

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: How Is Debt Impacting Owning a Home? Next: Britain’s Barclays Returning to U.S. Mortgage-Backed Securities Market Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily About Author: Seth Welborn Housing affordability is a growing issue, and according to the latest National Association of Home Builders (NAHB) Home Building Geography Index (HBGI), exurbs—outlying counties of large metro areas with at least 1 million residents—were the only region that registered single-family permit growth on a year-over-year basis in Q1 2019.”The HBGI is another indicator finding that housing affordability is a root cause of soft single-family permit issuance nationwide,” said NAHB Chairman Greg Ugalde in a statement. “A shortage of buildable and affordable lots is forcing builders to increasingly look further outside of suburban and metropolitan areas to find cheaper land that provides more building opportunities.”Despite consisting of only 9% of single-family construction nationally, exurbs were the only region to show net single-family permit growth when comparing Q1 2019 data relative to Q1 2018, with a 1.6% gain. Other relatively sparsely populated areas, including small towns, rural communities, and outer suburbs of small metropolitan markets, have shown the largest annual single-family growth over the past four quarters, while other areas have shown either no change or declines.“The HBGI data is consistent with the fact that housing costs are increasing fastest in large metro suburban counties and smaller metro areas with populations under 1 million where demand for housing is high but supply constraints are tight,” said NAHB Chief Economist Robert Dietz. “Supply-side issues that are hurting affordability and raising costs for builders include excessive regulations, labor shortages, rising material costs and a dearth of buildable lots in mid- to high population centers.”Affordability is not only a problem for homeowners in many metro areas, but renters as well. According to Freddie Mac, the largest metro areas are the most rent-burdened.“Rental affordability is a significant challenge for metropolitan areas across the United States,” said Steve Guggenmos, VP of Freddie Mac Multifamily Research and Modeling. “The vast majority of the units Freddie Mac finances are affordable. Even so, our research shows that supply just hasn’t kept pace with demand in many metros, and that’s pushing affordable rents out of reach for millions of American families.” May 29, 2019 1,083 Views The Best Markets For Residential Property Investors 2 days ago 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. Home / Daily Dose / Where Housing Affordability Is Improving Tagged with: Affordability Rental SFR Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago Where Housing Affordability Is Improving Affordability Rental SFR 2019-05-29 Seth Welborn in Daily Dose, Featured, Investment, Market Studies, News Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago  Print This Post Share Save Demand Propels Home Prices Upward 2 days ago Subscribelast_img read more


first_imgWe hope that today’s “Readers Forum” will provoke honest and open dialogue concerning issues that we, as responsible citizens of this community, need to address in a rational and responsible way?WHATS ON YOUR MIND TODAY?Todays “Readers Poll” question is: Do you feel that Congressman Larry Buschon should debate his opponent, Dr. Richard Moss?Please take time and read our articles entitled “Statehouse Files, Channel 44 News, Daily Devotions, Law enforcement, Readers Poll, Birthdays, Hot Jobs, and Local Sports.You are now are able to subscribe to get the CCO daily.If you would like to advertise on the CCO please contact us [email protected] LinkEmailSharelast_img read more

Ocado sales growth slows

first_imgOcado, the online grocer, has warned of a smaller-than-expected rise in full-year profit margins – after it invested in improving customer service and saw sales growth slow in its third quarter.The company said in an interim management statement this morning that gross sales had risen by 16.9% to £148m in the 12 weeks to 7 August, down from 17.2% growth in the second quarter.Ocado said it received 110,945 orders per week in the period, with customers spending £111.08 on average.Tim Steiner, chief executive of Ocado, said: “In spite of the tough economic environment, our sales are growing substantially and we remain focused on improving the range, value and service for our customers.“We are continuing to expand the capacity of our first fulfilment centre in Hatfield, with significant progress made over the summer months.”last_img read more

Bryant faces tough matchup in Sixers

first_imgEL SEGUNDO — As it should be for a game featuring the NBA’s two leading scorers, all attention tonight at Staples Center will be focused on Kobe Bryant and Allen Iverson, who already have scored 40 points or more in a combined 14 games this season. An interesting subplot, however, might be the matchup between Bryant and Philadelphia’s second-year guard Andre Iguodala, who played one of the best defensive games of the season against Bryant when the two teams met Nov. 11. With Iguodala blanketing him, Bryant shot a season-worst 7-of-27 and finished with 17 points in the Lakers’ 85-81 loss. Bryant missed a three-pointer over Iguodala with 5.9 seconds left and spent the fourth quarter trying to create any space possible. “That’s something Kobe has to watch with athletic players,” Lakers coach Phil Jackson said, “that it doesn’t get to be a matchup that’s just a mano-a-mano type of thing where you get involved ego-wise into it. AD Quality Auto 360p 720p 1080p Top articles1/5READ MORECoach Doc Rivers a “fan” from way back of Jazz’s Jordan Clarkson “But it’s a challenge, and Iguodala played him very well.” Bryant, bothered by a bad finger in the November game, was reluctant to give Iguodala much credit after practice Thursday, calling the 21-year-old guard an “OK defender.” “I was playing in a closet,” Bryant added. “If they want to use the same defensive principles (tonight), we should be able to get some good looks, some open looks because our spacing is much better now than it was then.” Bryant will be returning from a two-game suspension and trying to lift the Lakers out of their five-game losing streak. As for Iverson, Jackson has not seen much from guards Smush Parker and Sasha Vujacic to give him reason for encouragement. “They have not played good defense for quite a while,” Jackson said. “But we’ll chase and we’ll play team defense (Friday) and hopefully play as well as we can.” center_img From Utah’s Deron Williams to Memphis’ Damon Stoudamire, the Lakers have been unable to stop opposing point guards recently. “We need more pressure defense,” Jackson added. “We’ve been getting away from what was good for us early in the year in putting some pressure on the ball and making guys have to bring it down court under duress.” NEW ARRIVAL? The agent for Ronny Turiaf put the odds at 50-50 that the 22-year-old forward would sign with the Lakers by Tuesday, the NBA deadline for all contracts to be guaranteed for the rest of the season. Agent Keith Moss also estimated that Turiaf is at 75 percent as he tries to regain his conditioning after undergoing heart surgery in July. Turiaf, a second-round draft pick by the Lakers, already has been medically cleared to play. “He’s excited but guarded, he doesn’t want to get his hopes up again,” Moss said. “We’re just playing the waiting game right now to see what happens.” Turiaf played his fifth game with the CBA’s Yakama (Wash.) Sun Kings on Tuesday, finishing with 12 points and five rebounds in 27 minutes. The Lakers sent scouting director Bill Bertka to South Dakota to see Turiaf play twice this week. Moss also said Turiaf would play no more than two or three more games with Yakama before considering his options overseas. Turiaf has four or five offers to play for teams in France and Spain, with calls coming every day, according to Moss. ARTEST UPDATE Jackson was asked if the Lakers considered themselves out of the derby to acquire Indiana forward Ron Artest. “Right now it looks like no one’s in it,” Jackson said. “It’s been about a month, hasn’t it? It’s just an ongoing saga.” FAMILIAR FACE Former Lakers center Vlade Divac stopped by practice, having recently completed a month-long scouting trip to Europe. Earlier in the week, second-year guard Sasha Vujacic visited with Divac at his home in Park City, Utah. Vujacic described Divac as riding around on a snowmobile like a “15-year-old kid.” Divac, meanwhile, said he was happy to see Vujacic’s progress from his rookie season. “If you look at training camp, he didn’t do well,” Divac said. “But he showed last year that he can make shots. This year, he improved defensively. That’s been a big plus for him. He’s still young, he’s got to learn the game. But so far, he’s doing pretty good. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

Donegal Airport celebrates EcoMerit Award

first_imgThe airport with the best scenic landing in the world has just been awarded EcoMerit Environmental Certification for their commitment to continuous environmental improvement.Donegal Airport, which has been named for the last two years running as having the most scenic landing in the world, is committed to making substantial improvements in their use of water and energy and in waste management.Breandán Ó Baoill from Donegal Airport explains “we are delighted to receive this EcoMerit Certification and are looking forward to using the programme to help us further meet our environmental sustainability goals over the coming years. “We are committed to minimising our impact on the environment through reducing the consumption of non-renewable resources, minimising waste, increasing recycling rates, reducing water consumption and becoming more energy efficient in the course of our business.”He added “we have already put in place new waste segregation practices, upgraded sections of our lighting with LED alternatives, upgraded our hot water systems and are currently looking at power factor correction equipment to avoid low power factor surcharges”.“EcoMerit is about empowering businesses and organisations to become more sustainable” says Sinead Ní Mhainnín Connacht Ulster Regional Waste Management Office.“By identifying opportunities for cost-effective savings and improvement opportunities in the areas of waste, water and energy. We help businesses focus on the simplest options which give the best return and we support them in implementing the necessary changes that will help businesses continuously improve their performance while increasing savings year-on-year”. Pictured receiving EcoMerit Environmental Certification for Donegal Airport is Sinead Ní Mhainnín, Connacht Ulster WMO, Pauline Sweeney, Donegal Airport, Breandán Ó Baoill, Donegal Airport, Eilis Docherty, Donegal Airport, Steve O’Culain Chair of Donegal Airport, Anne Bonner, Donegal Airport and Suzanne Bogan, Donegal County Council.Donegal County Council has been supporting the roll-out of EcoMerit in Donegal and Michael McGarvey Director of Service with the Council says “in collaboration with the Connacht Ulster Regional Waste Management Office, the Council offers SMEs support to become environmentally certified.“I am delighted that Donegal Airport availed of this opportunity and is now certified as a green airport. Improvements undertaken such as upgrading lights with LED alternatives to improve energy efficiency, monitoring fuel usage and investigating ways to conserve water will all contribute to reducing the ariports carbon footprint”.The EcoMerit Certificate is valid for three years subject to annual review of Donegal Airport’s commitment to continuous environmental improvementDonegal Airport celebrates EcoMerit Award was last modified: September 6th, 2019 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:awardDonegal AirportEcoMeritlast_img read more

The baseball world reacts to Willie McCovey’s death

first_imgSAN FRANCISCO–Even in the final year of his life, Hall of Fame first baseman Willie McCovey made AT&T Park his home away from home.McCovey passed away Wednesday at the age of 80 after a lengthy battle with health issues, but the legacy he leaves behind with the baseball community will live forever.Just ask the fans who passed by McCovey on their way home from Giants games.McCovey regularly watched home games from an AT&T Park suite, but at the end of the night, two police officers led him …last_img read more

Tendulkar plays for the fans, like I do: Bolt

first_imgYearning to see Sachin Tendulkar play, Olympic and world champion sprinter Usain Bolt on Wednesday said he can relate to the Indian cricket icon when it comes to dedication and aggression.Asked about the qualities he admires in Tendulkar, Bolt said, “Tendulkar is obviously dedicated. He is aggressive but calculated and knows how to make runs.””He (Tendulkar) also plays for the fans … really similar to what I do,” Bolt told a news agency in an e-mail interview.Tendulkar recently met tennis great Roger Federer during the ongoing Wimbledon Championships in London and Bolt said he would be game for a similar meeting with the Indian.”I hope to be able to watch him play sometime in future but I don’t have any plans to meet him at the moment. He is always welcome to come and watch me run,” said the Jamaican triple Olympic and World Championships gold medallist.Bolt described Tendulkar as one of the greatest cricketers but picked fellow West Indian Vivian Richards as the greatest of all time.Asked to take his pick among Tendulkar, Brian Lara, Vivian Richards, Garfield Sobers and Shane Warne, Bolt said, “That is a difficult one, they were all great in their time, but I think I would give the edge to Sir Vivian Richards.”Bolt said just like Tendulkar, he also has to deal with the expectations of millions of his fans but the adulation motivates him.”I use it (pressure of expectation) as a positive. It is nice when so many people are interested in what you do and concerned by the outcome. I find it motivating,” said Bolt, the world record holder (9.58secs) in 100m.advertisementBolt’s famous ‘bow and arrow’ celebration pose was imitated by the Indian cricket team during the recent World Cup and he said he felt honoured.”It is a great honour when someone else copies my pose. I have seen it in cricket and football and it makes me smile every time,” he said.Bolt explained that his running schedule was the reason he skipped the Commonwealth Games here last year but would look forward to run in India in future.”The Commonwealth Games could not have been part of my schedule due to the time of year when they were staged. I normally end my season in September, rest in October and then start training in November for the following season. I would like to run in India in the future,” he said.”My coach and agent make all decisions about where I race. We look at the overall picture taking into consideration our major goals. Nobody tries to influence us to run in competitions that are not part of the schedule.”last_img read more

Tennor Holding Acquires Germanys FSG Shipyard

first_imgzoomIllustration. Source: Pixabay under CC0 Creative Commons license Germany’s shipbuilder Flensburger Schiffbau-Gesellschaft (FSG) has been acquired by the investment company Tennor Holding.Following the acquisition of all remaining shares in FSG from Siem Europe, Tennor Holding has become the sole owner of the Flensburg-based shipyard.In February of this year, Tennor — formerly Sapinda Holding — became the principal shareholder in the business. Tennor then agreed to purchase 76% of the shares in FSG. As explained, the investment has been part of FSG’s reorganization aimed at ensuring the continuation of the shipyard’s business operations.Siem Europe first became a shareholder in FSG in September 2014 and over the past five years has been the main purchaser of vessels produced at the yard, which has included the construction of eight large roll-on/roll-off (RoRo) vessels.On August 30, 2019, FSG handed over the seventh RoRo newbuilding to Siem. Named Leevsten, the 32,887 GT ferry features a length of 209.8 meters and a width of 26 meters.The eighth ship currently being built for Siem is scheduled to be launched at the end of October this year, according to FSG.last_img read more

Callejon was that Napoli is strong

first_imgThe Italian Lega Serie A club will face Paris Saint-Germain in the UEFA Champions League tomorrow, and the Partenopei need a winThe UEFA Champions League is back. And tomorrow night, Italian Lega Serie A club Napoli will face French Ligue 1 side Paris Saint-Germain.For Partenopei footballer Jose Callejon his team is strong and he knows a win would be a big step to the next round.“I think we’ve been strong every year,” Callejon told Football Italia.Opinion: Neymar will earn respect back from the PSG fans Tomás Pavel Ibarra Meda – September 14, 2019 After completing his incredible return to Parc des Princes, we predict that Neymar will earn the respect back from PSG supporters.The situation between Neymar…“I couldn’t tell you if it’s the strongest team, there have been a lot of strong players in the last few years.”“We’ve been playing together for a long time, we know each other more and more and over the years we’ve become more mature,” he added.“We’ve played important games and over the years we’ve all become stronger.”“We’re aware of being more mature, then the Coach is giving us more confidence. We can do great things and we hope to do well tomorrow,” he concluded.last_img read more