May 12, 2021
  • 5:18 am Reese Witherspoon pays $16M for Brentwood mansion
  • 5:18 am Biden to extend limits on evictions, foreclosures
  • 5:18 am NYC escapees buying commercial real estate in Hudson Valley
  • 5:17 am UAE-based GII closes its biggest trade with $301M purchase of Paris’ Altais Towers
  • 5:16 am Adam Neumann gets $22M for California estate

first_imgPresident Joe Biden (Getty; iStock)President Joe Biden is extending federal limits on evictions through at least the end of March.Biden is expected to move quickly to extend protections for renters, Bloomberg reported, and may sign an executive order within hours of his inauguration. Biden will also ask federal agencies to consider extending foreclosure protections and forbearance options.The existing federal eviction order, in place since September, allows lower-income renters to claim financial hardship as a defense for an eviction for non-payment. It does not, however, preclude states from passing more comprehensive eviction bans, as New York state did in December.The reduction in economic activity to stem the spread of the coronavirus has left landlords with mounting unpaid bills. Moody’s estimates that landlords are owed $57 billion in back rent, utilities and fees.Meanwhile, the nation’s poverty rate has risen steeply in the U.S. since some federal aid benefits expired, according to economists from University of Chicago, University of Notre Dame and Zhejiang University. From June to November, the portion of Americans in poverty rose by 2.4 percentage points, or 7.8 million people, to 11.7 percent in November.[Bloomberg] — Georgia Kromrei Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink TagsEvictionsJoe BidenRental Marketcenter_img Share via Shortlinklast_img read more

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first_img FacebookTwitterLinkedInEmailiStock/Thinkstock(NEW YORK) — Here are the latest scores from today’s sports events:NATIONAL BASKETBALL ASSOCIATIONToronto       93  Orlando         86New Orleans  115  Dallas         105Boston       100  Oklahoma City   99Minnesota    123  L.A. Clippers  109Atlanta       99  Utah            94Detroit      115  Phoenix         88Houston      115  Portland       111NATIONAL HOCKEY LEAGUEColumbus        5  N-Y Rangers    3Washington      4  Dallas         3N.Y. Islanders   4  Pittsburgh     1Edmonton        7  Carolina       3Florida         7  Ottawa         2Detroit         5  Philadelphia   4; SO  Tampa Bay       4  Toronto        3Winnipeg        2  L.A. Kings     1; OTColorado        5  Chicago        1Vegas           4  Vancouver      1San Jose        6  New Jersey     2Copyright © 2018, ABC Radio. All rights reserved. March 20, 2018 /Sports News – National Scoreboard roundup — 3/21/18 Written bycenter_img Beau Lundlast_img read more

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first_imgHome » News » Land & New Homes » Connells says Midlands new homes sales have bounced back previous nextLand & New HomesConnells says Midlands new homes sales have bounced backPromising sales figures show Brexit blues aren’t here to stayNigel Lewis10th October 201602,007 Views Connells has reported a 12% year-on-year increase in sales for its Midlands new homes division (pictured, right) which, the company says, marks a return to confidence within the region following June’s Brexit vote.The Connells team: (back row, left to right) Stephen Dey, Lloyd Young, Michael Feenan; (front row left to right)Donna Smith, Nancy Magar, Nerys Viner, Nicola Moore.Its Land and News Homes team racked up a “staggering” 210 new homes sales between July and September this year. It’s an achievement which, says Regional New Homes Director Donna Smith, has been helped by a “pro-housing government, record low interest rates and competitive mortgage products”.“New homes sales are currently flying across the Midlands and we’re not experiencing any hesitancy from customers in the wake of the referendum decision.“In fact, we’re seeing quite the opposite and with continued lack of supply, new homes continue to perform well and remain much in demand.”Developments which have helped the team deliver such strong results include sites in central Birmingham, Oldbury in the West Midlands and Lichfield in Staffordshire.Also, recent figures from NHBC confirm a national post-Brexit bounce for new homes. Its figures show that the number of newbuilds registered to be built in the UK during August reached 12,500, an increase of 20% compared to the same month last year.These results are a vindication for Connells’ relatively bullish position just after the Brexit vote, when chief executive David Plumtree (pictured, left) came out fighting, asserting that the “market is still strong” and that people “shouldn’t put their home moving plans on hold”.Connells most recent financial results from February, prior to the Brexit vote, revealed pre-tax profits of £62.5 million, up 19% year-on-year.midlands new homes connells October 10, 2016Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021last_img read more

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first_imgHome » News » Housing Market » Mortgages at their most affordable for 10 years, says Halifax previous nextHousing MarketMortgages at their most affordable for 10 years, says HalifaxHalifax announces best home loan affordability for a decade, with borrowers spending less than a third of their disposable income on mortgage payments.The Negotiator20th March 20180924 Views The latest research from Halifax shows mortgages are at their most affordable for a decade, when expressed as a percentage of disposable income spent on repayments. A homeowner’s typical mortgage repayment in Q4 of 2017 accounted for 29% of their disposable income, a vast drop when compared to Q3 in 2007, when the figure was 48%.Halifax says the improved affordability stems from historically low interest and mortgage rates, despite a base rate increase in November 2017.Andy Bickers, Mortgage Director at Halifax, says mortgage affordability should provide a boost to first-time buyers and those trading up, giving pace to the modest market recovery that’s currently taking place: “In recent months we have seen the number of first-time buyers and home movers purchasing a home with a mortgage bounce back towards 2007 levels, and mortgage payments becoming a much smaller proportion of disposable income across most of the country will also support a healthy market with more choice and opportunity.”In recent months we have seen the number of first-time buyers and home movers purchasing a home with a mortgage bounce back towards 2007 levels.”Halifax registered wide-ranging regional differences during its research. Northern Ireland leads the way in affordability, with 19% of disposable income spent on repayments – attributed to a 44% drop in house prices there since 2007. In England, South Bucks posted the most drastic improvement in affordability, with the percentage of disposable income spent on repayments falling from 93% to 53%. Brent (61.1%) and Haringey (60.5%) in London were the least affordable areas in an unsurprising split, with the 10 most affordable places in Northern Britain and the 10 least affordable in the South.Although 10 year mortgage affordability has improved, Halifax comments that affordability over the last five years has actually worsened due to house price rises. While the average mortgage rate has fallen from 3.7% in 2012 to 1.98% at the end of 2017, average house prices have grown by 40% in the same period. Halifax mortgages Halifax home loans mortgage lending Andy Bickers March 20, 2018Chris SmedleyWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021last_img read more

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first_imgOxford students participating last weekend in Jailbreak, a RAG-organised event, raised over £25,000 for charity, with two teams reaching the United Arab Emirates.The event involved teams consisting of two or three students attempting to travel as far away from Oxford as possible in 36 hours, without spending any money. This year, 65 teams participated, collectively travelling a total of 60,000km. The average distance for each individual team was 915km.R AG Events Officer and Jailbreak Team Leader Olivia Phelan told Cherwell, “Jailbreak has gone really well this year thanks to the great team working on it and all the participants. I was surprised at how well so many of the teams did, with the majority leaving the UK.”OUSU President Louis Trup, one of those volunteering, commented, “This is the kind of thing that OUSU is all about, and I loved being involved, even if it meant sitting in the OUSU building at 6am on Sunday morning.”The group that covered the most distance, Team GMT, travelled 5562.79km from Oxford, finishing in Sharjah Emirate, just 4.9km north-east of the runners-up in Dubai.Max Hayward, one of the three members of Team GMT, explained, “We literally had no idea what we were doing on Friday night, so we got in touch with the CEO of lastminute.com because my teammate knows him a bit.“He said he’d see what he could do but we weren’t expecting too much. We got a text a couple of hours later saying ‘Is Dubai alright?’ We were so excited. We were dancing around the room and we had a couple of celebratory shots.”Commenting on those teams that pre-arranged travel prior to the event’s official start time, St. Cross postgraduate Mark Smith said, “I don’t think that’s in the spirit of it really.”Relatively International ESTcape, another participating team, finished the weekend in Graz, Austria, after a spell of hitch-hiking.Team member Sarah Shao told Cherwell, “We were so lucky. So much of it [hitchhiking] is about being in the right place at the right time. Standing there in the snow in Graz, it was nice to reflect on what we had been through.”Wadham student Olivia Braddock, who ended up in Amsterdam, commented, “After we’ve finished University, we’re not going to remember writing an essay but we will remember something like this. I’d rather be an essay behind and do Jailbreak.”Further Jailbreak stories relayed to Cherwell include students being given free plane tickets from the CEO of easyJet after correctly guessing his email address, undergraduates being given a ride on a private plane to the south of France, and a postgraduate student from Kellogg College reaching Berlin dressed as Tigger, despite being on crutches.RAG President Molly Gilmartin said that the increased media coverage of Jailbreak this year indicated growing support for RAG’s work, remarking, “It is clear that people are sensing their personal responsibility to achieve positive impact and it is great that RAG can facilitate people raising huge amounts for charity which will achieve huge impact whilst also having a lot of fun.”last_img read more

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first_imgSSP is looking to revamp the look and operations of its Caffè Ritazza coffee shops, based at transport link outlets.The business, which owns other food-to-go outlets such as Upper Crust and The Camden Food Co, will be working with London-based design agency Portland to overhaul the customer experience found at its coffee shops in international railway stations and airport locations. This will include the planning and interior design of its cafés, the way products are packaged, displayed and served, and looking at the way it communicates with customers.Currently at planning stages, the new work will be trialled at new and existing sites in the next few months, with plans to roll out the scheme throughout other Caffè Ritazza outlets.Lewis Allen, director of environments at Portland, told Design Week magazine: “We want to help shape the next generation of Caffè Ritazza outlets. So while working on the refurbishment project, there will also be an opportunity to introduce new thinking into the planning, design and brand communications so we can create differentiation, as well as making the format more appealing to airport and rail station operators.”Caffè Ritazza operates more than 130 branches in 21 countries, including the UK.last_img read more

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first_imgSaint Mary’s juniors gave their moms a glimpse into their college lives during this past weekend with the college’s annual Junior Moms Weekend. The weekend began Friday with a reception, where juniors and their moms received a t-shirt with the slogan “I got it from my momma.”Later that night, moms and daughters participated in karaoke night at O’Rourke’s Public House on Eddy Street, junior Meredith Mackowicz said. “Karaoke is always fun, and this weekend was no exception, even though it was packed everyone had a great time,” Mackowicz said.For junior Brianna Foley, her favorite part of the weekend was karaoke.“It was a fun and relaxed time with our moms. Moms and daughters were able to mingle with each other and sing to some good songs,” Foley said.The next day, juniors and their moms could shop and browse clothing at a trunk show, which included brands such as Beyond Zen, Gina Marie Skincare and Vintage Charm, class council representative senior Delaney Gilbert said. Gilbert helped plan the weekend.Mackowicz said introducing her mom to her friends at school was a unique opportunity.“When I was in high school, all of my friends’ families knew each other, and were able to connect and form friendships with one another, and I think parents weekends are a great way to do that,” she said. ”Plus, with [Saint Mary’s] being an all women’s college, it’s important to show love to the strong women who raised us, because we wouldn’t be who we are without them.”Saturday also included a mass and dinner at the Hilton Garden Inn, which concluded the weekend.“I wish it went through Sunday, just because I’m always up for more time with my mom. But, for the price we pay, I think a final Sunday brunch with the moms would be awesome, even if it was just DH,” Mackowicz said. Mackowicz said attending mass with her mom was a good opportunity to bond and reflect.“It was just a really special experience. It was nice to take a little break and be thankful for such a good weekend together,” she said.Foley said she enjoyed letting her mom peek into her life as a college student. “I think it is a good time for moms to come to see their children at school, the school to appreciate students’ parents and a good time for parents to meet other students’ parents,” she said. “My mom really was able to see what it was like to be a Belle this weekend.”Tags: Junior Moms Weekend, parents, saint mary’slast_img read more

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first_imgSenator Patrick Leahy (D), Senator Bernie Sanders (I), and Congressman Peter Welch (D) today announced a new report detailing the American Recovery and Reinvestment Act’s impact on Vermont’s clean energy economy.The report, compiled by the Department of Energy, outlines the nearly $140 million worth of ARRA projects the state has benefited from, including local energy efficiency grants, statewide implementation of smart grid technologies and investments in energy-related businesses.‘This report shows that the Recovery Act is creating jobs in Vermont, upgrading the state’s energy infrastructure and laying the groundwork for future economic development,’ Leahy, Sanders and Welch said.Included in the report are the formula-based and competitive grants and tax credits Vermont institutions have received, including:· $16.8 million in Weatherization Assistance Program funds to weatherize 1,600 homes for low-income families.· $9.1 million to support the development of an electric battery production facilities at SBE, Inc. in Barre.· $11.8 million in Energy Efficiency and Conservation Block Grant funds to implement local energy efficiency programs.· $68.9 million in Smart Grid Investment Grant Program funds.· $11.9 million in clean energy manufacturing tax credits for GE Aviation in RutlandNotable Vermont Formula GrantsThe Vermont Department of Public Service has been granted $22.0 million in State Energy Program funds to expand the size and scope of the Vermont Clean Energy Development Fund (CEDF).The State of Vermont has been granted $16.8 million in Weatherization Assistance Program funds to scale-up existing weatherization efforts in the state, creating jobs, reducing carbon emissions, and saving money for Vermont’s low-income families. Over the course of the Recovery Act, Vermont expects to weatherize more than 1,600 homes. The program also includes workforce training and education as part of the state’s efforts to develop a green workforce.Twenty-two communities in Vermont were granted a total of $11.8 million for Energy Efficiency and Conservation Block Grants (EECBG) to develop, promote, implement, and manage local energy efficiency programs.The Vermont Department of Public Service has been granted $596,000 for the Energy Efficient Appliance Rebate Program, which offers consumer rebates for purchasing certain ENERGY STAR® appliances. These energy efficient appliances reduce energy use and save money for families, while helping the environment and supporting the local economy.Notable Vermont competitive grants or tax credits Source: Vermont congressional delegation. 9.16.2010 Vermont Transco LLC in Rutland has been awarded $68.9 million under the Smart Grid Investment Grant Program to expand the deployment of Vermont smart meters, implement customer systems, secure control systems for substations and generation facilities, and automate the electric distribution and transmission system grids.GE Aviation in Rutland has been awarded a clean energy manufacturing tax credit for $11.9 million to purchase machinery and equipment that will be used to manufacture the new GEnx aircraft engine.SBE, Inc. in Barre has been awarded $9.1 million to support the outfitting of a high-volume manufacturing facility to build DC Bus Capacitors for the electric drive vehicle industry.The City of Montpelier has been awarded $8 million for the installation of a 41 MMBtu combined heat and power district energy system fueled with locally sourced, renewable, and sustainably-harvested wood chips.Click here to read the full report.   last_img read more

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first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A Hempstead man was sentenced Wednesday to two consecutive terms of 25-years-to-life in prison for killing his wife and shooting at police officers who responded to the scene two years ago.Leonard Reed had been convicted in February of second-degree murder, first-degree attempted murder, criminal possession of a weapon and criminal contempt.“Mr. Reed repeatedly lashed out against his wife, pistol-whipped her and drove her to seek a safe house to escape his murderous rage,” Acting Nassau County District Attorney Madeline Singas said.Prosecutors said the 47-year-old man shot his estranged wife, Diane Reed, repeatedly with a semi-automatic firearm and then opened fire at responding Hempstead village police officers at 1:30 p.m. on Feb. 7, 2013.A shootout ensued and Reed repeatedly stabbed his wife before surrendering to police 10 minutes later, authorities said. Reed was shot during the shootout but recovered.last_img read more

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first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr In the third quarter of 2015, the loan-to-share ratio at Day Air Credit Union($391.3M, Kettering, OH) reached 104%. The credit union’s fast-growing indirect loan operation had helped position the Ohio cooperative at No. 133 out of more than 5,600 institutions in the nation.Nearly three years later, Day Air’s ratio has moved closer to national average — 92.3% for Day Air versus 82.9% for the nation — primarily due to slowing indirect loan growth and higher than average share growth.Still, the credit union’s appetite for deposits remains. That’s partly why Day Air introduced a high-rate, high-balance CD on Aug. 1 of this year. It’s Best in the Miami Valley Certificatepays 2.75% APY on a three-year certificate and 3.05% on a five-year with a minimum deposit of $10,000.Here, Joe Eckley, Day Air’s director of marketing, discusses the promotion, how the credit union markets rates, the stickiness of the product, and more. continue reading »last_img read more

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