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What is Causing the Decline in Single-Family Authorizations?

first_imgBuildFax’s latest Housing Health Report revealed year-over-year declines in single-family housing authorizations, as they have fallen 2.75% since 2018.Also seeing declines are existing housing maintenance volume (0.75%) and existing remodel volume (0.33%). The report uses U.S. property condition and history data to deliver economic trends, includes information on the states that had the largest year-over-year increase in average maintenance costs. “So far, 2019 has revealed a dichotomy in the housing market—new and existing construction activity is declining steadily, while the spend on these projects is increasing consistently,” said BuildFax CEO Holly Tachovsky. “Spending is rising, in part, due to increased tariffs on construction materials, tightening labor and construction markets and an uptick in natural disaster activity. Colorado, Florida and Washington have seen the greatest increases in maintenance spend year over year, which may indicate a relationship between elevated construction costs and national affordability challenges. We expect that construction spending on the existing housing stock will eventually start declining as demand slows. As we move further into 2019, we will be monitoring whether these indicators begin to move in parallel to evaluate if such a shift in the housing market is realized.”The report states that while maintenance volumes declined 0.75%, spending rose 6.68%, and remodel spending grew 2.47% despite a decline in the volume of remodels. Colorado had the highest year-over-year construction spending increase at 26.50%. Washington and Florida also saw increases of 17.79% and 13%, respectively. “These increases are likely a result of the lasting impact of tariffs on construction materials like steel and lumber, a nationwide skilled labor shortage, and increased stress from natural disasters,” BuildFax stated. Although there are sections of the nation that saw increases in construction costs, the latest Producer Price Index (PPI) shows that the prices paid for materials used in residential construction decreased 1.1% in June, breaking a four-month trend of increases. The decrease in the PPI, released by the National Association of Home Builders (NAHB), is only the fifth time in the past two years where home prices fell. Prices for building materials have decreased 1.6% year-over-year, and June 2019’s decline is stark contrast from June 2017 to June 2018 when prices grew 8.8%. July 16, 2019 1,211 Views About Author: Mike Albanese in Daily Dose, Featured, News Home / Daily Dose / What is Causing the Decline in Single-Family Authorizations? Sign up for DS News Daily Previous: HUD and SEC Encouraging Opportunity Zone Investment Next: Housing in the Slowing Economy Subscribe Related Articles  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Housing Market single-family housing 2019-07-16 Mike Albanesecenter_img Share Save Tagged with: Housing Market single-family housing Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago What is Causing the Decline in Single-Family Authorizations? The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Mike Albanese is a reporter for DS News and MReport. He is a University of Alabama graduate with a degree in journalism and a minor in communications. He has worked for publications—both print and online—covering numerous beats. A Connecticut native, Albanese currently resides in Lewisville. Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

Still Looking For Love, Fifty Summers Later, at the Shore

first_imgBy Matt KoellingThe fiftieth anniversary of the Summer of Love has been a recurring theme in 2017. Particularly in San Francisco, but also in celebrations, festivals, print publications, and online think-pieces, from across the country, all over the world. The original “Summer of Love” was predated by the Human Be-In at Golden Gate Park, in January 1967. It began in earnest in June, near the weekend of the Monterrey Pop Festival, and release of Sergeant Pepper’s Lonely Hearts’ Club Band.The original Summer of Love was seen as a counterculture’s rejection of consumerism, distrust of government and opposition to war. In the Summer of 2017? Well, as Meat Loaf sang on a 1977 hit, “two out of three ain’t bad”. Without having experienced this particular time and place myself, it’s hard to imagine that mythology hasn’t usurped truth to some degree. But that’s neither here, nor back there.Monday night’s festivities at the Ocean City Music Pier, wasn’t attempting to examine things that deeply. Glen Burtnik’s Summer of Love 50th Anniversary Concert, aimed to “relive the memories, share the spirit & celebrate the songs of the Woodstock generation”. There was no time to parse the politics of the era, nor revisit its complex history. This was a campy, skillfully replicated, costume-laden, love letter, to an era most of the crowd and performers, didn’t experience in real time. For the consumers, now plunking down $67 for good seats, that seemed to be exactly what they paid to see.Glen Burtnik is a New Jersey-bred musician who, by his own admission, was a bit too young to fully experience “The Summer of Love”. But as a child of the era, with a pair of older brothers, he developed a fascination with it. When his big break came playing Paul McCartney, in the Broadway musical Beatlemania, his sixties-revivalist stars truly aligned. He’d also go on to be a bassist/vocalist of later incarnations of Styx and ELO. Burtnik, looking like ESPN anchor Trey Wingo’s cool uncle, is an amiable leader of Summer of Love’s Broadway-style revue.No stone was left unturned, while mining for late-Sixties kitsch. The outfits could’ve come from Forrest Gump’s Lincoln Memorial scene. Brielle Von Hugel, resembled Kevin Arnold’s flower-child older sister Karen from The Wonder Years. David Biglin hit Ray Manzarek’s “Light My Fire” organ solo note for note. Joe LaFragola mimicked everyone from Carlos Santana to Jimi Hendrix on guitar. Joe Bellia got an extended drum workout during “Soul Sacrifice”. Remember Jones seemingly studied Joe Cocker’s facial tics and gesticulations, but added Vegas Elvis choreography, to “Delta Lady” and “Help From My Friends”.The stage backdrop featured Marc Rubenstein’s famed 60’s-70’s Pig Light Show. Though its liquid-light effects now call to mind a dorm-room lava lamp, or Windows Media screen-saver, more than an acid trip. “I like this place”, Burtnik said, “because you can see the ocean crash on the beach while we play. So, it’s like we’ve got our own light show, while you watch the one behind me”. OCNJ Daily pays me to write what’s in front of me at the Music Pier, rather than behind. However, with yesterday’s waves in O.C., plus the rainbows over the beach, I’d have been okay with swapping views for a bit. Either way you faced, the rain did stop as the band started, with the sunny L.A. pop-rock of “Happy Together”.The pacing of the show was non-stop. Two-and-a-half hours straight, filled with classic-rock staples, garage nuggets and jangly West Coast pop hits. There was no lag time, because after any singer did two songs in a row, new blood was coming. The best moments vocally, came from an influx of youth. The aforementioned Von Hugel, a former American Idol contestant, capably captured Joni Mitchell on “Woodstock”. Reagan Richards had Grace Slick’s banshee-belt down to eerie degrees on “Somebody to Love” and “White Rabbit”. JaQuita May, brought Tina Turner energy to “River Deep, Mountain High”, not missing a beat when a mic-stand broke mid-song. And Freedom Bremner’s “Try a Little Tenderness”, into “Stand”, was the first moment that had the crowd doing so.“Summer of Love”, as far as the show title goes, is a bit of a misnomer. About half of the songs in the set were released after the Summer of ’67, up through Woodstock, and into 1970. But no one coming out to see this show are going to quibble about those date details. Nor should channeling that era’s danger, along with the artists its excesses chewed up and spit out, be expected. This is a trip, taken professionally, through the past, brightly. For those looking to make it, Summer of Love does so quite effectively.Set List:Happy Together (The Turtles) Touch Me (The Doors) Woodstock (Joni Mitchell)/Woodstock (Crosby, Stills, Nash & Young) Green Tambourine (The Lemon Peppers) Me and Bobbie McGee (Janis Joplin) California Dreamin’ (The Mamas & The Papas) Good Vibrations (The Beach Boys) White Rabbit/Somebody to Love (Jefferson Airplane) River Deep, Mountain High (Ike & Tina Turner) Sgt. Pepper’s Lonely Hearts’ Club Band (The Beatles) Light My Fire (The Doors) A Whiter Shade of Pale (Procol Harum) Try A Little Tenderness (Otis Redding)/Stand (Sly & The Family Stone) Delta Lady/With a Little Help From My Friends (Joe Cocker) Soul Sacrifice (Santana) Born on the Bayou (Creedence Clearwater Revival) To Sir, With Love (Lulu) Darlin, Be Home Soon (Lovin’ Spoonful) Feelin’ Alright (Joe Cocker) The Letter (The Box Tops) Creeque Alley (The Mamas & The Papas) Suite: Judy Blue Eyes (Crosby, Stills & Nash) Proud Mary (Ike & Tina Turner) 25 or 6 to 4 (Chicago) Stone Soul Picnic (The 5th Dimension) Hot Fun In The Summertime/Dance To The Music (Sly & The Family Stone)Encore: Star Spangled Banner (Jimi Hendrix) Love The One You’re With (Stephen Stills)last_img read more

Arteta: Willian, Gabriel, Lacazette showed terrific commitment against Fulham

first_img “Hopefully it’ll get much better. I think it’s important for their belief. The commitment they showed was terrific.” “I wanted to give Gabriel some time. Credit to him, he performed really well.” “They were both very good. With Willian, I knew the performance would come straight away.” read also:Arsenal boss Arteta excited working with Willian With the Cottagers pressing high, Arsenal played their way out from the back with some smart passing. Willian then picked up the ball before splaying a fine cross-field ball to Pierre-Emerick Aubameyang. The prolific Gunners skipper still had work to do, but he engineered some space for himself before lifting a fine shot into the roof of the net. FacebookTwitterWhatsAppEmail分享 Promoted Content6 Extreme Facts About HurricanesPlaying Games For Hours Can Do This To Your BodyCan You Recognize These Cute Celeb Baby Faces?Top 10 Tiniest Phones Ever MadeWhy Do So Many Digital Assistants Have Feminine Names & Voices?7 Ways To Understand Your Girlfriend Better7 Black Hole Facts That Will Change Your View Of The Universe7 Universities In The World Where Education Costs Too MuchThe Very Last Bitcoin Will Be Mined Around 2140. Read More8 Superfoods For Growing Hair Back And Stimulating Its GrowthWho Is The Most Powerful Woman On Earth?Birds Enjoy Living In A Gallery Space Created For Them Arsenal celebrated their first victory in the Premier League with appreciation to the newly signed players who displayed a great sign of commitment in their 3-0 win over Fulham on Saturday. It was the first day of the season that dreams were made of for Arsenal and a number of their players. Gabriel Magalhaes marked his Arsenal debut with a goal – but it was Willian who grabbed the headlines with three assists in a comfortable win at Fulham. However, they were caught cold just eight minutes into their return. Alexandre Lacazette tapped in from close range after good work from Willian. The Brazilian – a free-transfer signing from Chelsea – then struck the post with a free-kick as Arsenal threatened another before the break. New signing Willian had a debut to remember, laying on assists for all three goals. And his was not the only debut to go swimmingly – Gabriel Magalhaes capping his Premier League bow with a goal. Arsenal manager, Mikel Arteta was overwhelmed by the remarkable showing of the new signings after the match.Advertisementcenter_img Loading… last_img read more

Alligator relocated after chasing pets in one South Florida neighborhood

first_imgThe Port St. Lucie Police Department has arrested and relocated an alligator that was reportedly going after pets in one South Florida neighborhood.According to the report, residents in the Riverland community contacted authorities after the 4-foot gator was witnessed chasing their pets on several occasions.Authorities were able to capture the animal Monday and relocated it.Living in Florida we are no strangers to alligators. Iif you come into contact with a nuisance alligator, described as being at least 4-feet in length, and poses a threat to people, pets, or property, you are asked to call Florida’s Nuisance Alligator Hotline at 866-FWC-GATOR.last_img read more

ITF expert sees lots of potential, but feels local tennis players need more competitions

first_imgBILL Adams has worked with some of the best tennis players in the world, including superstars Venus and Serena Williams and reigning Australian Open champion Naomi Osaka—he has an eye for talent and sees lots of potential right here in Guyana.He however feels that unearthing the talent is a systematic process, which includes among other things, more competitions (both local and overseas).The US based Guyanese is an International Tennis Federation (ITF) expert, whose task has been to assist the development of the game in various associations in the region.Prior to arriving in Guyana on Wednesday, he had four-day stints in St. Vincent and Suriname.ITF expert Bill Adams (second from left) going through the paces with some of the youngsters yesterday at National Racquet Centre.Adams, who is a Professional Tennis Registry (PTR) certified teaching professional and United States Tennis Association (USTA) High Performance Coach, will work with several of the country’s top junior tennis players, from the U12, U14 and U18 divisions today. He is also schedule to have a session with a number of the country’s coaches at the Le Ressouvenir Lawn Tennis Club on the East Coast of Demerara (weather permitting).The official is hoping to have certain systems streamlined before he leaves for the US tomorrow.To give tennis a booster, the expert, who is the Director at the Bill Adams International Tennis Academy, feels that more developmental work is needed.“We need to get more start up programmes into the schools, programmes which will feed in to the higher level, so we can work on development.”COMPETITIONSAdams has worked with players from many nations, including Germany, Italy, the US, Venezuela, Jamaica T&T and Guyana. He was also very instrumental in awarding scholarships to Guyanese players, such as Duane Lewis, who became a head coach of the Coppin State University and Nicola Ramdyhan, who is currently overseas fullfilling her scholarship. To this end, he saw a drastic change in the players under his watch and attributed it to a significant factor—competitions. “I’m fully convinced, you get competition—you spark interest.”“[In Guyana] we need to attend competitions, use the proximity of Suriname. We need to be able to have some of our players here go to Suriname and French Guiana to play competitions, these kids lack competitions….They need to get to a point where they are playing certain amounts of competitions annual.”Playing competitions take resources and to move tennis to the next level, Adams said that more facilities, more support from the government and land commitment are also needed.The ITF expert however feels that the foundation is already there. He said that we have enthusiastic coaches and promising players, who, if they put in the work and get the relevant support, can yield positive results.last_img read more