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first_imgHome / Daily Dose / An Update on Housing and the Economy Related Articles  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribe in Daily Dose, Featured, Market Studies, News Demand Propels Home Prices Upward 2 days ago Share 1Save Servicers Navigate the Post-Pandemic World 2 days ago Economy HOUSING NAR 2019-07-23 Seth Welborn In a post on Forbes, National Association of REALTORS Chief Economist Lawrence Yun gave an update on the state of both the housing and the economy as a whole.“After achieving the longest economic expansion in the U.S. history and growing a solid 3.2% annualized rate in the first quarter of 2019, which way is the $19 trillion income-generating economy headed?” Yun asks. “Not as strong.”According to Yun, “constant trade war rhetoric” has had a negative impact on businesses as equipment spending drops. Real estate, he states, is a key area for future growth. The housing shortage has presented a critical need to build homes, especially among moderately priced homes where demand is strongest.“Rising home sales and increased housing starts have nearly always been associated with economic expansion,” said Yun. “More home sales also mean increased number of Americans who can participate in wealth gains. Consequently, consumer spending, including vehicle sales, can turn higher.”According to a CoreLogic special report, titled “The Role of Housing in the Longest Economic Expansion,” in July 2019,  the United States’ economic expansion reached 121 months. The economy has continued to grow since the recession ended in 2009, and with housing comprising approximately 15% of GDP since 2010, the real estate market is an important indicator of economic health.“During the last nine years, the expansion has created more than 20 million jobs, raised family incomes and rebuilt consumer confidence,” said CoreLogic Chief Economist Frank Nothaft. “The longest stretch of mortgage rates below 5% in more than 60 years has supplemented these factors. These economic forces have driven a recovery in home sales, construction, prices and home equity wealth.”Another contribution to economic growth has been government spending. Yun points to high revenues from the growing economy and rising property values and rising property taxes, influencing state and local government to spend more. Internationally, U.S. exports rose and imports fell, thereby shrinking the trade deficit. “One caution is that slower activity of exports and imports have in the past correlated with a slowing economy,” said Yun. “If businesses cannot operate in the most efficient manner as they see fit, then the economy slows.” About Author: Seth Welborn The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days agocenter_img July 23, 2019 1,232 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago An Update on Housing and the Economy Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Tagged with: Economy HOUSING NAR Servicers Navigate the Post-Pandemic World 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. The Week Ahead: Nearing the Forbearance Exit 2 days ago Sign up for DS News Daily Previous: Home Price Growth Analyzed Next: Carson: Regulations are “Huge Barriers” to Affordable Housing Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

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first_imgOcean City junior quarterback Joe Repetti scores a rushing TD against Long Branch. (Photos courtesy of OCHSfootball.com) By TIM KELLYEverybody loves a winner, and an underdog winner gets extra love.At least that seems to be the case for the seventh-seeded Ocean City High School football team, which lines up at top-seeded, two-time defending champs Shawnee’s Medford campus 7 p.m. Friday for a shot at the South Jersey Group 4 title.The Red Raiders, currently 8-2 overall, including two come-from-behind playoff wins on the road against higher seeded teams, have been attracting a lot of attention lately.They are the lowest seeded team in the state playoffs to advance to the sectional finals. If they win, it would be O.C.’s first state championship since 2000.“We are hoping everyone picks against us,” O.C. Head Coach Kevin Smith said in an e-mail. “The underdog role suits us well.”Maybe it’s time for Ocean City fans to dust off those dog masks from the Eagles’ 2017 Super Bowl run. The Raiders have drawn big crowds of supporters on the road all season. But with the games available for viewing live on the internet, Raider Nation has gone national and even international. “I have heard from people all over the country the past few weeks who have watched us live from California, Florida, Washington, Arizona and Connecticut,” Smith said.He added that one of the player’s grandparents were heard from during a vacation in the Caribbean. “You all are experienced road warriors,” Smith told supporters. “Let’s do it again and pack the house at Shawnee Friday night.” Ocean City Head Coach Kevin Smith will match wits with 37-year veteran Shawnee coach Tim Gushue.Ocean City’s season, remarkable on its face, seems even more impressive given that the team has played only three games at home at Carey Stadium.The Raiders punched their ticket to the finals last Friday with a 21-20 thriller at Long Branch, a 90-mile drive from Ocean City. Before that, they avenged a bitter regular season loss at Mainland with a 21-14 victory in the tourney’s opening round, also at the Mustang Corral in Linwood.Shawnee didn’t have it any easier. The Renegades traveled to Neptune to post a hard-fought 31-21 opening round win and then came from behind to defeat Millville, also on the road, 27-18.Junior two-way back Nate Summerville was the star of the game for Shawnee, catching a crucial fourth quarter TD pass and breaking up a two-point conversion pass attempt that would have tied the game earlier in the period. Shawnee is coached by Tim Gushue, one of the longest tenured coaches in the state and a member of the school’s first graduating class. He has led the Renegades for 37 seasons, including four after undergoing successful quadruple bypass heart surgery. His teams are always tough and prepared. They have shown themselves to be mortal, though. The Renegades have two very bad losses on the books, including a 48-0 blowout at home to Woodrow Wilson and a 17-0 defeat to Williamstown two weeks later, also at home.If you want to play the common opponents game, Shawnee has a 14-7 overtime win at home over St. Augustine Prep, a non-public playoff semifinalist, which beat O.C. 35-3 in Week 5. However, Shawnee’s win was prior to the Hermits’ addition of two key transfer players becoming eligible to face Ocean City.None of that mattered to Smith during this week’s practice schedule. What mattered was his squad’s work ethic and resiliency.“I can’t express how proud I am of this team for their effort and determination,” Smith said. “They stayed focused, never quit and just kept playing football. The result is we are headed to the championship game.”The Red Raiders celebrate after their semi-final playoff win at Long Branch.last_img read more

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first_imgTraffic officers have been patrolling the busy holiday route as part of a trial this year, and now they’re extending their patrols to visit three primary schools.The crews are running two highways awareness days, visiting Blackwater Community Primary School and Chacewater Community Primary School near Truro on Wednesday, 19 September, and Goonhavern Primary School, near Perranporth, on Thursday, 20 September.The children will get a chance to chat to the traffic officers about their jobs and will get to see first hand their patrol vehicle and the equipment used every day as they patrol England’s major A roads and motorways.Highways England’s trial initiative has seen traffic officers patrol the A30 in Cornwall for the first time during the bank holiday weekends and summer holiday season.The aim of the initiative is to provide further assistance to motorists on the South West network, and extend the traffic officer service further south into Cornwall to continue an already close working partnership with Devon and Cornwall Police and Cornwall Council.The traffic officers have been patrolling the A30 between Carland Cross and Liftondown and, based at Bodmin police station and Cornwall Council’s Castle Canyke depot during the peak holiday months, they have been much closer at hand to provide assistance along both the A30 and A38.During the summer holiday period up to its conclusion on Monday (10 September), Highways England crews attended a total of 134 incidents, including live lane breakdowns, road traffic collisions and debris clearance. And on the last Sunday in July, the traffic officers’ ‘powers of recovery’ averted major disruption on the westbound A30 as they were able to assist police by towing a broken down horsebox and vehicle to safety at Okehampton Services.Rob Penney, South West Service Delivery Manager for Highways England, said:“The patrols have been really well received by both holiday makers and local residents.“Following this initial trial period, the school visits are a great opportunity to meet local children and raise road safety awareness among this young audience.”The highways awareness days will launch a longer-term STEAM (Science, Technology, Engineering, Arts and Maths) initiative run by Highways England’s A30 Chiverton to Carland Cross project team.The schools’ outreach programme, which will run from October, is designed to engage children from four to 18 in fun, hands-on activities which will teach them more about the interesting work taking place as part of the dualling scheme.Josh Hodder, project manager of the A30 Chiverton to Carland Cross scheme, said:“The traffic officers have had a great reception and we look forward to working with local schools to teach them more about the STEAM project and our work on the scheme.”For any schools interested in receiving a STEAM visit, or learning more about Highways England’s work in the area, email [email protected] more information on the roles and responsibilities of a Highways England traffic officer.General enquiriesMembers of the public should contact the Highways England customer contact centre on 0300 123 5000.Media enquiriesJournalists should contact the Highways England press office on 0844 693 1448 and use the menu to speak to the most appropriate press officer.last_img read more

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first_imgBACOLOD City – A man was shot inBarangay 1, San Carlos City, Negros Occidental. According to police investigators, Largoand his friends were fishing in a pond when an unidentified suspect shot himaround 3:50 p.m. on March 26. The 18-year-old resident Jose Roy LargoJr. sustained a gunshot wound on the right shoulder, police said. Largo was rushed to the San CarlosDoctor’s Hospital in San Carlos City for medical treatment. As of this writing, officers of the SanCarlos City police station have yet to identify the suspect and the motive inthe incident./PNlast_img

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first_imgShare via Email Topics Catterick 1.55 Wadi Al Salaam 2.30 Sambucca Spirit (nap) 3.00 Gylo 3.30 Absolute Dream 4.00 Kodicat 4.35 Rose Marmara 5.10 Rego Park Lady 5.45 Be Perfect Worcester 2.10 Malangen 2.40 Byron Flyer 3.10 Hallings Comet 3.40 Danboru 4.10 Queen’s Magic 4.45 Cardy  Leicester  2.20 Turaath 2.50 Saeer 3.20 Sparkling Breeze 3.50 Fantastic Blue 4.20 Wise Words 4.55 Chatham House 5.25 Compass PointKelso 4.25 Clearance 5.00 Pena Dorada 5.35 Ardera Cross 6.10 Honourable Gent (nb) 6.40 Winding Roe 7.10 Cesar Du Gouet Was this helpful? Horse racing tips Show … we have a small favour to ask. More people are reading and supporting The Guardian’s independent, investigative journalism than ever before. And unlike many new organisations, we have chosen an approach that allows us to keep our journalism accessible to all, regardless of where they live or what they can afford. But we need your ongoing support to keep working as we do.The Guardian will engage with the most critical issues of our time – from the escalating climate catastrophe to widespread inequality to the influence of big tech on our lives. At a time when factual information is a necessity, we believe that each of us, around the world, deserves access to accurate reporting with integrity at its heart.Our editorial independence means we set our own agenda and voice our own opinions. Guardian journalism is free from commercial and political bias and not influenced by billionaire owners or shareholders. This means we can give a voice to those less heard, explore where others turn away, and rigorously challenge those in power.We need your support to keep delivering quality journalism, to maintain our openness and to protect our precious independence. Every reader contribution, big or small, is so valuable. Support The Guardian from as little as $1 – and it only takes a minute. Thank you. Read more Quick guide Tuesday tips Talking Horses: glory for the jockey who lasted two days on a boiled egg Since you’re here… Hide Share on Facebook Horse racing Talking Horses Share on Messenger Thank you for your feedback. “I do not want this to come across as sour grapes but she was beaten a short-head and small margins make the difference.” Harrington noted that her horse had arrived at the track the day before the race and questioned why the test had to be done at such a late stage. Her supporters on social media wondered aloud whether this was a case of an Irish runner being singled out.But a BHA spokesperson said four British-based runners in the same race also had blood samples taken, two of them after Millisle and therefore even closer to race-time. “Pre-race testing is an important part of our equine anti-doping strategy,” he added.“Pre-race testing is used in Britain and other racing jurisdictions to detect and deter the use of methods or substances which might be administered prior to racing which might enhance a horse’s performance. For certain methods and substances, it is essential that the sample is taken directly before competition, as they would not be detectable immediately post-race.“Hundreds of thousands of pre-race blood samples have been taken from horses over decades across the world. This includes runners in virtually all major racing nations contesting the most important races in the international calendar. Over the past two years, runners – and often subsequent winners – of many Group races in Britain have been pre-race tested.”Asked whether it might not be fairer to test all the runners in a particular race, the spokesperson suggested there might be logistical and practical reasons why that would often prove impractical. He added that BHA samplers are prepared to walk away if a horse responds badly when a pre-race sample is sought. Pre-race blood samples are not taken in Ireland but officials there hope to introduce the practice, possibly in the first half of next year. Talks have been taking place with trainers’ representatives.Tuesday’s best betsI’ve managed to nap a non-runner at Catterick, where the ground is evidently a bit faster than connections of Sambucca Spirit would really like. So my interest in the action at Scotch Corner is concentrated on Rego Park Lady (5.10), a raider from County Westmeath.She is a low-rated handicapper who struggles to win in her home country but can be more competitive in Britain, a profile which seems pretty common these days. She got the first win of her life at Hamilton in July, despite some trouble in running, and is not to be judged harshly for a subsequent defeat at Cork, in a fair race over an extra furlong. She’s 13-2 for this return to five furlongs, for which she is well drawn.Pick of the Leicester card could be Richard Hannon’s Chatham House (4.55), in a race reduced to five runners. The grey got off the mark at Newbury last month and has continued to run well despite an ambitious step back to six furlongs. He returns to seven here and is fairly priced at 3-1.It would be no more than justice if Malangen (2.10) were to land Worcester’s opener for the David Pipe team that lost two horses at Newton Abbot on Monday. The four-year-old stayed on to force a dead-heat at Bangor last month and has since had a wind operation. He’s on the up and appeals at 3-1.Rose Dobbin got her first winner of the year at Perth and confirmation that all is now well at her yard makes Honourable Gent (6.10) attractive at 11-4 in a Kelso handicap chase. First time out has been the time to catch him in recent years. features Support The Guardian Share on Pinterest Reuse this content Racing’s ruling body has issued an unapologetic defence of its policy of taking pre-race blood samples from horses, following a complaint by the trainer Jessica Harrington. After her Millisle was narrowly beaten in a Group Three race at Salisbury last week, Harrington used her column in the Irish Field to complain that a vet with the British Horseracing Authority had taken a blood sample just 35 minutes before the race.The County Kildare trainer, who has won the Cheltenham Gold Cup and the Irish Grand National as well as top-class races on the Flat, said the vet’s intervention was “very disappointing” and suggested it may have affected the outcome. Having consulted her own vet, Harrington said that taking a sample “could raise a horse’s blood pressure, contract the spleen and/or provide an adrenaline rush, all of which you don’t want happening just over half an hour before a Group Three. Share on Twitter British Horseracing Authority Share on WhatsApp Share on LinkedInlast_img read more