Investment and the Rental Market

first_img Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Investment Rental 2019-10-09 Seth Welborn Previous: Investors Feeling Bullish on Millennial Homebuyers Next: Demand for VA Mortgages Spurs Hiring October 9, 2019 1,731 Views Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Tagged with: Investment Rental 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 Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Related Articles Share Savecenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Investment and the Rental Market Servicers Navigate the Post-Pandemic World 2 days ago  Print This Post About Author: Seth Welborn Editor’s note: This feature originally appeared in the September issue of DS News.Molly Boesel has more than 20 years’ experience in mortgage market analysis, model development, and risk analysis in the housing finance industry. She previously worked at both Fannie Mae and Freddie Mac. While at Fannie Mae, she provided the GSE’s official monthly forecast for the economy, housing market, and mortgage market stocks and flows, as well as providing analyses on trends in the mortgage market, including characteristics of borrowers, homeowners, and mortgage products.DS News spoke to Boesel on trends impacting the investment and rental market, including the ongoing trade war and the QM patch.How has the influx of single-family rentals impacted the market?The stock of single-family rentals grew during the foreclosure crisis as investors turned foreclosed homes into rentals. While there has been an influx of single-family rentals, demand for these rentals has also been high. Some of the demand has come from households displaced by foreclosure and some has come from millennial households who are looking for a single-family home but are not ready to buy. Just as the market has a low supply of for-sale housing, some markets also have a low supply of for-rent housing, which has driven rents up.Built-for-rent properties will most likely be built in areas where there is a need for more rental supply.Do recent indicators such as the inversion of the yield curve and the Fed’s lowering interest rates signal a recession on the horizon? And what would a recession mean for housing?The U.S. is currently in the longest economic expansion recorded. While economic expansions eventually end, indicators such as an inverted yield curve or monetary easing don’t always signal an impending recession. Consumers are still confident and they are still spending money. Unemployment is low, and the economy continues to grow. Whenever a recession would hit, housing will be in good shape to weather a downturn. Unlike the last recession, homeowners are in a good position. Eight-plus years of increasing home prices have resulted in record amounts of home equity. Unlike the mid-2000s, owners aren’t tapping into this equity. Delinquencies are near record-low levels. Also unlike the mid-2000s there is a shortage of for-sale housing.How is the trade war and tariffs impacting housing?We keep hearing about a shortage of for-sale housing, particularly at the lower-price points. Newly constructed homes help ease that shortage. However, tariffs imposed on steel and aluminum increased the cost of building materials, increasing the cost of new construction.What factors are keeping first-time buyers out of the market?Our research tells us that millennials, particularly the oldest ones, have a desire to become homeowners. Older millennials (those aged 30–38) are actively engaged in homebuying, with the majority of them either already purchasing homes or expecting to do so in the next year. Younger millennials are primarily renters, though roughly a quarter of the younger millennials have already purchased a home.So, the demand is there, but there are barriers to owning for these households. For those not interested in buying, most cite affordability as the primary reason—they say they can’t afford a home, they can’t find a home where they want to live, or they can’t come up with a downpayment.Are there any shifting regulatory factors to look out for in the near future?We are keeping our eye on the expiration of the QM patch—the temporary category under which loans eligible for purchase by the GSEs qualify as QM loans. While January 2021 might seem like a long way away, policy makers are discussing the patch and CoreLogic has been studying the impacts of the QM patch and the size of this market.What are some way affordability is being hindered or helped?Rapidly rising home prices, especially of lower-priced homes, has made homes unaffordable for many would-be buyers. However, while home prices have continued to increase, the rate of increase has slowed sharply. If you add to that the recent decrease in mortgage interest rates, you end up with lower mortgage payments. Payments on loans made starting this spring are lower than they were a year ago.What does your day-to-day look like at CoreLogic?On most days I am looking over research and data releases put out by the Office of the Chief Economist. Each of the data releases is accompanied by a blog, and there are always interview requests. Besides the data releases, I like to take a deeper dive into the CoreLogic property records to evaluate data quality and to find new trends. Finally, I don’t want to forget about the great team we have in the Office of the Chief Economist. Typically, you can find us sharing research results and talking over current events while we take lunch in the breakroom of our newly redesigned Vienna, Virginia, office. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Investment and the Rental Market in Daily Dose, Featured, Investment, News, Print Features Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribe The Week Ahead: Nearing the Forbearance Exit 2 days agolast_img read more

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Moe. Shares Pro-Shot Video Of Bowie Cover With Members Of Pigeons Playing Ping Pong From 2018 Red Rocks Show [Watch]

first_imgLast July, moe. made their return to Colorado’s Red Rocks Amphitheater with support from Pigeons Playing Ping Pong. moe.’s headlining performance that night saw the Buffalo natives perform a mix of fan-favorites spread out over two sets. The real magic, however, came during the show’s encore, when moe. welcomed Pigeons guitarists Greg Ormont and Jeremy Schon to the stage to help them play a cover of David Bowie‘s “Fame”. Nearly eight months have passed since the July 12th performance, but over the weekend, moe. shared the pro-shot video of their encore performance of Bowie’s chart-topping 1975 single from that night.Ormont and Schon’s presence made for a packed stage for the funky Bowie hit, as the two guitarists played away on either side of moe. bassist Rob Derhak. moe. guitarist Chuck Garvey manned the vocal duties for the song’s first verse, with Ormont taking the reigns on the second. Following Ormont’s verse, Garvey returned to the mic before unleashing the song’s first guitar solo. Schon also joined in on the fun with his own groovy solo, which eventually turned into some fantastic back-and-forth playing between himself and Garvey. Fans can watch the video below to relive the epic Red Rocks sit-in from last summer.moe. w/ Greg Ormont and Jeremy Schon – “Fame” [David Bowie cover] – 7/12/2018[Video: gotmoe]The arrival of the pro-shot video comes just a few days before the two bands are set to team up again for a pair of shows at Brooklyn Bowl in Las Vegas, NV on March 8th and 9th. moe. will also make their return to Red Rocks this spring for a concert with Mike Gordon and White Denim, scheduled for Friday, May 31st. Fans can click here to purchase tickets to the show.Pigeons Playing Ping Pong will also continue their ongoing 2019 winter tour through the spring months and into early summer. Fans can also check out the band’s website for their own listing of upcoming performances.last_img read more

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Report: MLB, union discuss playing all games in Arizona

first_img Newsroom GuidelinesNews TipsContact UsReport an Error How Dodgers pitcher Ross Stripling topped the baseball podcast empire NEW YORK (AP) — Putting all 30 teams in the Phoenix area and playing in empty ballparks was among the ideas discussed Monday by Major League Baseball and the players’ association.The sides held a telephone call to talk about paths forward for a season delayed by the new coronavirus pandemic, people familiar with the discussion told The Associated Press. They spoke on condition of anonymity because no details were announced.Ideas are still in the early stage, and the Arizona option would have many obstacles to overcome, the people said.Half of the MLB clubs hold spring training in Arizona, the other half in Florida. Angels’ Mike Trout working on his defense, thanks to Twitter Arizona’s advantage is 10 spring training ballparks plus the Arizona Diamondbacks’ Chase Field all within about 50 miles. Florida’s spring training ballparks are spread by as much as 220 miles.“It allows for immediacy of a schedule, where you might be able to begin it and televise it, provide Major League Baseball to America,” said Scott Boras, baseball’s most prominent agent. “I think players are willing to do what’s necessary because I think they understand the importance of baseball for their own livelihoods and for the interest of our country and providing a necessary product that gives all the people that are isolated enjoyment.”“It gives them a sense of a return to some normalcy,” Boras added. “You talk to a psychologist about it and they say it’s it’s really good for a culture to have to have sport and to have a focus like that, where for a few hours a day they can take their minds off the difficult reality of the virus.”Baseball’s season had been set to start March 26 but spring training was halted on March 12. After the Centers for Disease Control and Prevention recommended restricting events of more than 50 people for eight weeks, MLB said it would not open until mid-May at the earliest.Texas Rangers president of baseball operations Jon Daniels said MLB is examining different options and he didn’t want to speculate.Related Articles Dodgers hit seven home runs, sweep Colorado Rockies Angels fail to take series in Oakland, lose in 10 innings “But, obviously, we’d all love to find a way to play, provided we could do safely, and that would be the priority,” he said.The players’ association would want to survey its members to determine whether they would support such a plan, one of the people said.“You’re going to be largely separated from your families and you’re going to have to function in a very contained way. It’s not it’s not a normal life, this idea,” Boras said. “You’re going to have an identified group of people. You’re going to have a constantly tested group of people. And you’re going to have a very limited access of those people to the outside world so that you can assure a very uncontaminated league, if you will, to produce a product that is inspirational to our country.”Chase Field, with artificial turf and a retractable roof, could be the site of daily tripleheaders, Boras said.MLB and the union reached a deal March 26 to advance $170 million in salary to players for the first 60 days of the season. As part of the deal, players would get only prorated portions of their salaries if the regular season is cut from its usual 162 games and would receive no additional salary if the season is scrapped.Both sides have agreed to attempt to play as full a season as is possible, and this plan would enable to season to start while waiting for health and government officials determine whether it is safe to resume play in regular-season ballparks, with the travel that would entail. Angels’ poor pitching spoils an Albert Pujols milestone last_img read more

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Top award for Girls Golf Rocks in Essex

first_img Girls Golf Rocks in Essex – the campaign to bring more girls into the game –  has been recognised with a prestigious Golf Foundation President’s Award Girls Golf Rocks was trialled in Essex in 2015, when it gave a taste of the game to 90 girls and was so successful that it is now running in eight more counties. Its success in creating more opportunities for girls, with strong links to golf clubs, was celebrated this week with the Laddie Lucas Award, presented at Wentworth by Golf Foundation President Sandy Jones. Girls Golf Rocks is all about attracting beginners to have fun, learn a new sport, get active and play alongside friends – with no pressure. Girl golfers from county squads act as ambassadors to share their enjoyment and inspire other girls. In Essex, 12 girls were trained as ambassadors and they supported PGA coaches at The Rayleigh Club, Little Channels GC, Playgolf Colchester and Crowlands Heath GC who offered taster sessions and follow-on coaching programmes. Over 90 girls attended the taster sessions, 31 girls played in a par 3 competition, 20 girls progressed into regular club coaching and six became club members. The project involved the Golf Foundation, England Golf, Essex County Golf Partnership, Essex County Girls, and Active Essex, all working together to encourage more beginner girls. The awards ceremony was attended by four of the ambassadors who were interviewed on stage at Wentworth by the Golf Foundation’s Regional Development Officer Katie Moggan. Their views on how golf can cement “great friendships, increase confidence and focus” and the small matter of “beating the boys”, went down very well with the audience! The Golf Foundation is a nationally recognised charity that works with national partners to encourage young people to ‘Start, Learn and Stay’ in the sport. Its HSBC Golf Roots programme reaches 500,000 youngsters a year, creating a pathway from discovering golf in schools and the community to enjoying regular golf at golf clubs and driving ranges. As a charity the Golf Foundation relies completely on the exceptional efforts of hundreds of junior organisers and ‘young leaders’ who mentor children new to golf, hundreds of PGA Pros who take the game into schools and welcome children back for club coaching, and the many families whose youngsters are discovering the game. In addition, the Foundation has trained a great many enthusiastic teachers who have embraced golf as a sport as part of the school curriculum. The Golf Foundation’s new President, Sandy Jones, presented the ten awards, while the charity’s Chairman Stephen Lewis thanked The European Tour and Wentworth Club for staging the event and all the Foundation’s core funders and supporters for backing the charity throughout another year. Caption: Sandy Jones, President of the Golf Foundation, presents the Laddie Lucas Award to Helen Tarttelin, the Essex County Development Officer, watched by Wendy Cook, Essex junior organiser, and ambassadors, from left,  Ashley Chalmers, Lily May Humphreys, Ysobel Lush and Sophie Wheeler. (© Getty Images). 26 May 2016 Top award for Girls Golf Rocks in Essex last_img read more

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Arrow goes through Indian archer’s shoulder bone during training in freak accident!

first_imgImage Courtesy: ANI/NDTVAdvertisement hng4yNBA Finals | Brooklyn Vs8euWingsuit rodeo📽Sindre E4tjmc( IG: @_aubreyfisher @imraino ) 8wkfkWould you ever consider trying this?😱1sc552Can your students do this? 🌚7sslRoller skating! Powered by Firework A very unfortunate event has occured in the sport of Archery yesterday, as a young archer from Assam named Shivangini Gohain has been injured during training session. The 12 year old has been admitted to the All India Institute of Medical Science Trauma Centre in New Delhi. Following a surgery today, the teenager has been shifted to ICU for further medical investigation.Advertisement Image Courtesy: ANI/NDTVDuring her practice session at the Dakha Devi Rasiwasia College in Chabua in the district of Dubrugarh, Shivangini met with the accident. The arrow, measuring 15 cm, pierced her shoulder, damaging her shoulder bone and left lung, and lodged itself with a slight contact with the vertebral artery.“She was admitted to the hospital at around 8 pm. Doctors are examining her and she is undergoing investigations. A decision on the course of treatment to be provided to her or performing a surgery will be taken soon,” a senior doctor present at the Trauma Centre said yesterday after her admission.Advertisement Dr. Deepak Gupta, a professor of neurosurgery at AIIMS had spoken to the reporters following Shivangini’s admission. “Around 0.5 cm of the arrow was in front of the spinal cord. It was a very complex surgery,” the doctor told reporters.Shivangini, who hails from Deodhai village, was training alone without the presence of her coach, former Indian archer Mercy Ignatius, as confirmed by the Assam Archery Association.Advertisement The joint secretary, Pulin Das spoke about the occurence of the tragic incident. “There is a SAI contractual coach, Marcy, and he has left for the Khelo India Games in Guwahati.” Pulin spoke to PTI over a phone session.He also added that the principal of Dakha Devi Rasiwasia College was not supervising Shivangini, and local officials were also absent from the spot.He continued: “He didn’t instruct the trainees to stop the camp for some time nor did the college principal, who acted as administrator of the extension centre, looked after the practice,”Brinchi Gohain, Shivangini’s father was present outside the practice arena, and he alone had to take his injured daughter  to the Assam Medical College in Dibrugarh, which is 33 km away from Chabua.“I was told that she had a very tough time as the arrow remained stuck for more than a day. She is a strong-willed girl and she fought. Her father must be a daily wage labourer and he was distraught also,” Das added.The Dakha Devi Rasiwasia College, where the mishap took place, falls under the Sports Authority of India (SAI) Regional Centre of Guwahati. A spokesperson said yesterday that Shivangini was taken to Delhi by air, and SAI will be undertaking the cost of her treatment.Also read-Wriddhiman Saha undergoes surgery for finger injury in MumbaiBoxer Manoj Kumar accuses Sports Authority of India for not providing financial help after injury Advertisementlast_img read more

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