Data Shows April Was Prosperous For Housing

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Sign up for DS News Daily Data Shows April Was Prosperous For Housing Subscribe Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Share Save Related Articles The Best Markets For Residential Property Investors 2 days ago About Author: Brian Honea Data Provider Black Knight to Acquire Top of Mind 2 days ago Bureau of Labor Statistics Housing Market NAHB National Association of Home Builders 2015-06-05 Brian Honea The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Tagged with: Bureau of Labor Statistics Housing Market NAHB National Association of Home Builders Home / Daily Dose / Data Shows April Was Prosperous For Housing Demand Propels Home Prices Upward 2 days ago June 5, 2015 1,523 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, Market Studies, News Demand Propels Home Prices Upward 2 days ago With new home sales up by 26 percent, new home inventories slightly increasing, new home prices on the way up, and existing-home sales hitting a nine-year high, National Association of Home Builders (NAHB) Chief Economist and SVP David Crowe declared April to be a “good month for housing.”In the NAHB’s Eye on Housing blog earlier this week, Crowe cited a number of positive housing statistics that indicate that April was a prosperous month for the industry in spite of the U.S. economy contracting at an annualized rate of minus 7 percent in Q1. The lack of economic growth in Q1 did nothing to damper economists’ predictions about housing recovery for 2015, however, largely because of strong April numbers.The U.S. Census Bureau and HUD reported that new home sales grew at an annualized rate of 517,000 in April, which was an increase of 6.8 percent. The pace of new home sales in Q1 was up 26 percent from the same quarter in 2014. New home inventories increased up to 205,000 in April, which is still two-thirds of the 50-year average of 317,000 but well above the low experienced in August 2012. An industry shift to move-up buyers has largely been responsible for an 8.3 percent year-over-year increase in new home prices, according to Crowe.The National Association of Realtors’ Pending Home Sales Index increased by 14 percent year-over-year in April up to a nine-year high; home sales should rise in the coming months, considering an improving labor market and a pending home sales measure increase. The Bureau of Labor Statistics (BLS) reported on Thursday that 344 out of 387 metropolitan areas reported lower unemployment rates in April than a year earlier, while the national unemployment rate in April was 5.1 percent (not seasonally adjusted), down from 5.9 percent in April 2014. On Friday, the BLS reported job gains of 280,000 in May and 3.01 million jobs added over the last 12 months.”First-quarter data suggest improvements for a persistent headwind for residential construction growth: availability of acquisition, development and construction (AD&C) loans. NAHB analysis of FDIC data indicated that the stock of AD&C loans grew by 4.8 percent during the first quarter, with a year-over-year increase of 17 percent,” Crowe said. “NAHB survey data also indicate ongoing easing conditions for AD&C funds, particularly for constructions loans.”The stock of AD&C loans remains more than 73 percent lower than in Q1 2008, which indicates that a lending gap remains, Crowe said. Also, tight credit for the purposes of development has created a building lot shortage.”A May 2015 NAHB industry survey found that 62 percent of builders reported that the supply of lots in their areas was low or very low, up from a 43 percent response in September 2012. Shortages are most acute among desirable ‘A’ location lots,” Crowe said.However, data from the Census Bureau indicates that single-family construction spending increased by 9 percent year-over-year in April, which is an indication that homebuilding is growing, according to Crowe. The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Previous: Ocwen Reacts to Recent Actions By Credit Ratings Agencies Next: New HUD Website Offers Free Online Housing Counselor Traininglast_img read more

Kwiff launches supercharged cash-out service

first_img Related Articles Share Kwiff ad banned by ASA for “encouraging irresponsible gambling” September 19, 2018 Kwiff charges racing markets with Racing Post content   June 3, 2020 Bet booster Kwiff promotes Charles Lee to CEO February 11, 2020 Share Submit StumbleUpon Mobile bookmaker Kwiff has announced an ‘industry-first’ by launching its proprietary-built ‘supercharged cash-out service’.Launched this July to coincide with the majority of global sports leagues recommencing their competitive calendars, Kwiff will allow all customers to ‘supercharge’ their cash-out returns delivering optimal value to its betting markets.“Any Cash Out can now be Supercharged, putting our customers in control of their bet and returning value and entertainment back to them through the Supercharge,” Kwiff said in a statement.Marked as a major product development, Kwiff revamps its cash-out capabilities having researched its customer base to develop new innovative betting concepts.Customer feedback revealed that Kwiff users wanted the betting group to expand its supercharged odds components to be integrated alongside live cash-out functionalities.Operating since 2014, Kwiff was the first bookmaker to launch a supercharged’ betting service, allowing customers to instantly boost their odds, securing the optimal market value.Entering 2020, Kwiff stated that it would return to developing new wagering innovations and concepts, under the leadership of new CEO Charles Lee.Kwiff CTO Nick Maroudas was quoted as saying: “ We’ve had incredible feedback on our Cash Out since it was introduced and now especially with the return of top-flight football, we’ve seen some epic Cash Out Supercharges. We continue to push the boundaries of innovation with the Supercharge at its heart.”last_img read more

SEA Games: PH team stuns host Malaysia in women’s football

first_imgTeen gunned down in Masbate MOST READ Letran Knights pull through for injured Ambohot 787 earthquakes recorded in 24 hours due to restive Taal Volcano 2 nabbed in Bicol drug stings Vilma Santos, Luis Manzano warn public of fake account posing as her Ai-Ai delas Alas on Jiro Manio: ‘Sana pinahalagahan niya ang naitulong ko’ Albay to send off disaster response team to Batangas Football – Women’s Team: #MAS 1-2 #PHI #KL2017 #RisingTogether— Kuala Lumpur 2017 (@KL2017) August 15, 2017KUALA LUMPUR — The Philippine women’s football team hacked out a 2-1 triumph over host Malaysia to start its Southeast Asian Games campaign late Tuesday night.FEATURED STORIESSPORTSEnd of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legendSPORTSRedemption is sweet for Ginebra, Scottie ThompsonSPORTSMayweather beats Pacquiao, Canelo for ‘Fighter of the Decade’Patricia Impenido and Camille Rodriguez scored for the Malditas to sandwich a Malaysia goal at UiTM Stadium.ADVERTISEMENT Don’t miss out on the latest news and information. center_img View comments Trending Articles PLAY LIST 00:50Trending Articles02:11SEA GAMES 2019: PH’s Nesthy Petecio boxing featherweight final (HIGHLIGHTS)08:07Athletes treated to a spectacle as SEA Games 2019 officially ends06:27SEA Games 2019: No surprises as Gilas Pilipinas cruises to basketball gold05:02SEA Games 2019: Philippines clinches historic gold in women’s basketball05:21Drama in karate: Tsukii ‘very sad’ over coach’s bullying, cold shoulder03:24PH’s James Palicte boxing light welterweight final (HIGHLIGHTS) End of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legend The squad, which even lost striker Eva Madarang to injury, thus boosted its chances for a medal as the tournament uses a single-round points system format. 787 earthquakes recorded in 24 hours due to restive Taal Volcano The Malditas will next face Vietnam on Thursday at 4:30 p.m. at University of Malaya.Sports Related Videospowered by AdSparcRead Next Marcosian mode: Duterte threatens to arrest water execs ‘one night’ LATEST STORIESlast_img read more

Gavina resigns, Dandan steps in as Kia head coach

first_imgOSG plea to revoke ABS-CBN franchise ’a duplicitous move’ – Lacson Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Steam emission over Taal’s main crater ‘steady’ for past 24 hours MOST READ OSG plea to revoke ABS-CBN franchise ’a duplicitous move’ – Lacson LATEST STORIES Redemption is sweet for Ginebra, Scottie Thompson Brian Heruela arrival bolsters Phoenix backcourt, defense Jiro Manio arrested for stabbing man in Marikina Don’t miss out on the latest news and information. center_img After just two games under his belt as Kia’s official head coach, longtime assistant Chris Gavina has stepped down from his spot early into the PBA Philippine Cup.ADVERTISEMENT Meralco ‘never the same’ after Almazan injury in PBA Finals Scottie Thompson also worthy of Finals MVP, thinks Cone “He talked to [team manager] Joe Lipa about resigning,” said Kia governor Bobby Rosales Saturday.Replacing Gavina is assistant coach Ricky Dandan who will take over the 0-2 Picanto.FEATURED STORIESSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crownSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkAlthough Gavina was the prominent presence in Kia’s bench since 2016, he was never the team’s official head mentor as the designation belonged to Manny Pacquiao.Gavina only got the lead coaching position at the start of the 2017-2018 PBA season. Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Kia’s only playoff stint in its history was in the 2016 Governors’ Cup as the then assistant coach Gavina took over the reins from Pacquiao.James White, Niño Cañaleta, and Aldrech Ramos led the then Mahindra Enforcer to a 6-5 record, including a 4-0 start, before bowing to Meralco in the first round of the playoffs.Sports Related Videospowered by AdSparcRead Next Nets embarrass Heat, lead by 38 before pulling off win View commentslast_img read more

QPR ‘close to agreeing a deal for Wolves star’

first_imgQPR are close to agreeing a deal to sign Wolves winger Matt Jarvis, according to The People.Jarvis, 26, is keen to return to the Premier League and has apparently been spotted house-hunting in the west London area.Fulham are said to also be keen on the England international, but it is claimed they are not prepared to meet Wolves’ asking price.The paper suggests that Fulham have enquired about Wolves striker Steven Fletcher, but again are unwilling to pay the required transfer fee.The People also say Liverpool want to sign Clint Dempsey from Fulham for £6m.The American is believed to be keen on a move to Anfield and it is claimed that Liverpool boss Brendan Rodgers will table a formal bid for him.Swansea’s Scott Sinclair and Luciano Narsingh of Dutch club Heerenveen are touted as possible replacements for Dempsey, while Bristol City have apparently refused to give winger Albert Adomah permission to speak to Fulham.Meanwhile, Chelsea will an reject an offer from Aston Villa for left-back Ryan Bertrand, according to the Sunday Mirror.It is claimed that Villa manager Paul Lambert is keen to sign Bertrand either permanently or on a season-long loan, but Blues boss Roberto Di Matteo is believed to want him to stay at Stamford Bridge and sign a new contract.The People report that relegated Bolton want to sign Oriol Romeu on loan from Chelsea, while the Mail on Sunday say Chelsea are vying with Tottenham for the signature of £20m-rated Borussia Dortmund striker Robert Lewandowski.And The Sun on Sunday say Chelsea have beaten off a host of Premier League rivals to sign 15-year-old George Brady – nephew of West Ham vice-chair Karren Brady – from French club AS Cannes.They are said to have paid £250,000 in compensation to land the 6ft 4in defender, who it is suggested was also wanted by Arsenal, Tottenham and both Manchester clubs.The Sun also have an interview with Frank Lampard, who denies speculation linking him with a move to LA Galaxy.“There’s nothing in that at all. I’m really looking forward to getting back to Chelsea,” he said.This page is regularly updated.Follow West London Sport on TwitterFind us on Facebooklast_img read more

Giants facing roster dilemma with Pablo Sandoval

first_imgSCOTTSDALE, Ariz.–The San Francisco Giants are planning a “Let Pablo Pitch” bobblehead giveaway for their home game May 11 against the Cincinnati Reds.As Opening Day approaches, a “Let Pablo Stay” bobblehead may be more appropriate.The roster status of popular infielder Pablo Sandoval is officially in question after the Giants completed a trade with the Cincinnati Reds to acquire utility player Connor Joe on Thursday.Joe, 26, is a Rule 5 draft choice who must remain on the Giants’ 25-man …last_img read more

Mbombela Stadium: wild by design

first_imgMpumalanga province, of which host city Nelspruit is the administrative capital, is home to a spectacular array of scenic attractions. The best known is the Kruger National Park, with its two-million hectares of unspoilt African bushveld. He wanted to reflect the area’s important connection to the Kruger Park, and came up with 18 giraffe supports as a signature feature. Facing outward, they patiently guard the surrounding rocky outcrops. “It’s just such a bright and breezy space,” remarked a visitor from Gauteng province. “You can’t help but feel happy.” “It’s a bit like us – not too serious!” It may have been freezing elsewhere in the country, but when Honduras and Chile met each other head-on at Nelspruit’s World Cup opener on Wednesday, it was in glorious sunshine – and in the World Cup’s quirkiest stadium. Mbombela Stadium’s design has been met with rave reviews. As the predominantly Chilean-favouring crowd started streaming in on Wednesday, visitors were enthusiastically photographing each other against the backdrop of the giraffes. It was with this in mind that Cape Town-based chief architect Mike Bell tackled the brief to design a stadium for the province. Others liked the ease of access and the abundance of ablution facilities, but number one was the stadium’s quirkiness. Inside, the liberal use of bright colours was inspired by the province’s native Ndebele tribe’s way of decorating their homes, and zebra-striped seats completed the wildlife theme. “We’re very proud of our stadium,” commented Mike Bruwer, a Nelspruit resident. 18 June 2010 Matias Vergara, a Chilean student, commented on the stadium”s setting. “I like the nature and hills around it,” he said. “You don’t feel like you’re anywhere near a city.” Source: 2010 Fifa World Cup South Africa Organising Committeelast_img read more

Sergio Ramos out for two weeks from Real Madrid squad with calf injury

first_imgSergio Ramos will be missing two weeks of football action owing to a calf problem, Real Madrid announced on Friday.The captain will be missing Real’s La Liga home game against Villarreal on January 13 and the Copa del Rey Round of 16 return leg against Numancia on January 16 at the Santiago Bernabeu. He may also miss the Copa del Rey quarter-final, should they go through.Real Madrid, on Thursday night, beat Numancia 3-0 away from home — the match that gave way to Ramos’ injury.Real Madrid have regularly been troubled by injury problem this season. With Gareth Bale regularly under cloud of injury, injuries have kept out Keylor Navas, Dani Carvajal, Luka Modric, Raphael Varane and more.Real Madrid are currently struggling in La Liga, 14 points adrift of leaders Barcelona with a game in hand.ALSO WATCHHowever, Los Blancos will be without Ramos, suspended right back Carvajal and another injured man Karim Benzema when they travel to Celta Vigo on January 8.Welsh international Gareth Bale, who has been plagued by injuries, could make his first start Liga start for over three months against Celta after playing 61 minutes versus Numancia.Against Numancia on Thursday, Gareth Bale scored the first goal for Real from the penalty spot in the 35 minute mark. The hosts remained in contention until they had midfielder Pape Diamanka sent off for a second booking on the hour.The second division side still managed to trouble the current La Liga champions with 10 men but Real took the game away with two late strikes.advertisementIsco converted from the penalty spot in the 88th minute and Borja Mayoral scored a header in stoppage time to win the match comfortably.(With inputs from Reuters)last_img read more

10 months agoInter Milan launching swap bid for Real Madrid midfielder Kroos

first_imgTagsTransfersAbout the authorCarlos VolcanoShare the loveHave your say Inter Milan launching swap bid for Real Madrid midfielder Kroosby Carlos Volcano10 months agoSend to a friendShare the loveInter Milan are launching a swap bid for Real Madrid midfielder Toni Kroos.Corriere dello Sport says Inter plan to offer Mauro Icardi in exchange for the Germany international.The idea is to take advantage of Madrid’s search for a new striker as they look to fill the goal gap left by Cristiano Ronaldo’s move to Juventus. Icardi’s name is one of those which has been linked with the club regularly since the summer. The Argentine is expected to renew with Inter but he has not signed new terms yet, which could see him included in a deal for Kroos. last_img read more

Jim Harbaugh Says 10 Freshmen Will Be In Michigan’s Two-Deep

first_imgHead coach Jim Harbaugh of the Michigan Wolverines talks with quarterback Wilton Speight #3.IOWA CITY, IOWA- NOVEMBER 12: Head coach Jim Harbaugh of the Michigan Wolverines talks with quarterback Wilton Speight #3 during the first quarter against the Iowa Hawkeyes on November 12, 2016 at Kinnick Stadium in Iowa City, Iowa. (Photo by Matthew Holst/Getty Images)Michigan head coach Jim Harbaugh isn’t disqualifying rookies from making this season’s two-deep.Speaking this morning on his Inside Michigan Football television show, Jim Harbaugh claimed that he can think of at least 10 freshmen who will have a spot in the team’s two-deep depth chart. And that’s not just as reserves for older players. Harbaugh said some of those players will play in their first Michigan football game as starters.Nick Baumgardner of shared the statement on Twitter:Jim Harbaugh on his TV show: 10 freshmen have shown they’ll be in the two-deep as a starter or a backup.— Nick Baumgardner (@nickbaumgardner) August 28, 2016Michigan hasn’t published a two-deep at this time. However, it’s likely a depth chart will appear within the week, as several teams have already released their starting squads.Harbaugh didn’t provide any specific names for which freshman qualify for the two-deep on Sunday’s television show. However, reports from Michigan’s fall camp make it relatively easy to determine which freshman might snag those spots.Specifically, according to Baumgardner, there have been 10 standouts from fall camp: defensive end Rashan Gary, left tackle Ben Bredeson, guard/DT Michael Onwenu, wide receiver Nate Johnson, wide receiver Eddie McDoom, wide receiver Kekoa Crawford, safety Khaleke Hudson, corners David Long and Lavert Hill, running back/receiver Chris Evans and kicker Quinn Nordin.Michigan opens its season Sep. 3 against Hawaii.last_img read more