Housing Markets Most Impacted by COVID-19

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Christina Hughes Babb Previous: Biden Issues Executive Order on Foreclosures; HUD Updates DACA Regulations Next: Kraninger Resigns as CFPB Director Governmental Measures Target Expanded Access to Affordable Housing 2 days ago January 21, 2021 1,146 Views Though the housing market seems to have escaped many of the economic effects of the pandemic, certain areas are feeling more pain than others.Western regions appear less likely to suffer COVID-related economic ruin than pockets of the Northeast and  East Coast regions, which analysts assessed were more vulnerable during the fourth quarter of the year, according to AATOM Data Solutions, a provider of property-related data and analysis. Its report showed clusters in New York City, Baltimore, Philadelphia, and Washington D.C. also are at greater risk during Q4.ATTOM on Thursday released its fourth-quarter 2020 Special Report “spotlighting county-level housing markets around the United States that are more or less vulnerable to the impact of the Coronavirus pandemic,” the company announced.Markets are considered more or less “at risk,” AATOM representatives say, “based on the percentage of homes currently facing possible foreclosure, the portion of homes with mortgage balances that exceed the estimated property value, and the percentage of local wages required to pay for major home ownership expenses.”The report reveals that New Jersey, Illinois, California, Louisiana, New York, Florida, and Maryland had 40 of the 50 counties most vulnerable to the economic impact of the pandemic in Q4 2020.Five of the seven western counties in the top 50 were in northern California, while Illinois had eight of the nine midwestern counties among those most vulnerable. Outside of Florida and Maryland, the only southern state with more than two counties in the top 50 was Louisiana.Q4 trends generally were similar to third-quarter results, but with different concentrations around several major metropolitan areas.”The number of counties among the top 50 most at-risk was up from five to eight in the New York, NY, area and from three to six in the Chicago, IL, area, but down from four to two in the Washington, D.C., region and from four to one in the Baltimore, MD area,” according to the report.Researchers note that their findings come as the national housing market continues to withstand the effect of the virus pandemic while also remaining vulnerable to a fall. Home prices shot up by more than 10% in 2020 in about three quarters of the country, even as the overall economy suffered. They say the housing market boom faces “major questions connected to how long the pandemic will last.””Areas of the U.S. most at risk from damage connected to the Coronavirus pandemic spread out somewhat in the fourth quarter of 2020. But they still fell mainly along the East Coast, with significant pockets in certain areas, while other parts of the country seem to be less vulnerable,” said Todd Teta, Chief Product Officer with ATTOM Data Solutions. “This report is not a sign that any area actually took a fall in the fourth quarter. It’s more a gauge of areas that may be more vulnerable if the market falters. In the coming months, much will depend on whether the country can halt the pandemic. We will continue to keep a close watch on home sales and prices to see how everything shakes out in 2021 and if changes hit different regions in different ways.”The report highlights the attributes of the most at-risk regions, noting that those areas have higher levels of unaffordable housing, underwater mortgages, and foreclosure activity. The opposite is true for those at least risk.Major homeownership costs (mortgage payments, property taxes, and insurance) consumed more than 30% of average local wages in 36 of the 50 counties that were most vulnerable to market problems connected to the virus pandemic in the fourth quarter of 2020.At least 15% of mortgages were underwater in the third quarter of 2020 (the latest data available on owners owing more than their properties are worth) in 33 of the 50 most at-risk counties.More than one in 2,500 residential properties faced a foreclosure action in Q3 of 2020 (the latest available data) in 29 of the 50 most at-risk counties. Nationwide, one in 5,048 homes were in that position. (Foreclosure actions dropped about 80% last year amid a federal moratorium on banks taking back properties from homeowners behind on their mortgages during the virus pandemic.)The entire report with regional breakdowns and methodology is available on ATTOM.com.  Print This Post Share Save Housing Markets Most Impacted by COVID-19 2021-01-21 Christina Hughes Babb The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Home / Daily Dose / Housing Markets Most Impacted by COVID-19 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 Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, News The Week Ahead: Nearing the Forbearance Exit 2 days ago Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Subscribelast_img read more

California governor calls for Santa Anita Park to close for investigation after horse deaths

first_img FacebookTwitterLinkedInEmailMartin Chavez/iStock(SACRAMENTO, Calif.) — California Gov. Gavin Newsom is calling for the shutdown of Santa Anita Park until it can be determined why 29 horses have died since the start of the racing season. “I continue to be troubled by the horse deaths at Santa Anita Park. Enough is enough. I am calling on the California Horse Racing Board to ensure that no horse races until they are examined by independent veterinarians and found fit to compete,” Gov. Newsom said in a statement. “As Santa Anita prepares to host the 2019 Breeders’ Cup in November, we must show the horse racing world that California puts safety first,” the statement continued.Earlier this week, Santa Anita Park did not heed the California Horse Racing Board’s recommendation to suspend racing in the wake of two more horse deaths over the weekend because the reforms that were enacted earlier in the year appeared to be effective, according to a spokesman.In March, the park announced a series of changes surrounding horse safety, including a “zero tolerance” policy for the use of almost all medication on racing day in the wake of more than two dozen horse deaths since December 2018.The California Horse Racing Board further voted to limit whips on racing day as well, a rule that will apply to Santa Anita once enacted.After the reforms took place, the park saw up to seven weeks of “clean racing,” Stefan Friedman, spokesman for The Stronach Group, a company that owns the park, told ABC News. In addition, the track has seen 50 percent fewer catastrophic breakdowns during racing and 84 percent fewer catastrophic incidents during training, Friedman said.There were no horse fatalities between April 1 to May 18, when the death toll remained at 23, Santa Anita said in a statement last month. But after that time, the number of horses dying began to climb once again.On Sunday, 3-year-old Truffalino collapsed in the final stages of the third race and died of a heart attack, Friedman said. The day before, 4-year-old Formal Dude broke down while nearing the finish line in the 10th race and was euthanized, he said.A total of 29 horses have died at Santa Anita since the start of the racing season.The chairman, vice chairman and executive director of the California Horse Racing Board recommended on Saturday that Santa Anita suspend racing for the seven remaining race days of 2019, which lasts until June 23, but continue training during that time period, according to a statement from Mike Marten, the board’s public information officer.“It is our understanding that Santa Anita management, after consultation with certain other industry stakeholders, believes that for a variety of reasons, the future of California racing is best served by continuing to race,” the California Horse Racing Board said in a statement over the weekend.Under current California law, the board does not have the authority to suspend a race meet or remove race dates without the approval of the race track operator or without holding a public meeting with 10 days’ notice, Marten said.Santa Anita’s decision to stay open was made after an “extensive consultation” among the Stronach Group, the Thoroughbred Owners of California and California Thoroughbred Trainers, according to a joint statement from those organizations.Copyright © 2019, ABC Radio. All rights reserved. Written by June 12, 2019 /Sports News – National California governor calls for Santa Anita Park to close for investigation after horse deathscenter_img Beau Lundlast_img read more

New packaging rolled out for Saintly Foods desserts

first_imgCambridge-based Saintly Foods has launched its frozen tarts range in new-look packaging.The packaging is plastic-free, fully recyclable, made from sustainable card and printed with vegetable-based inks.It features a new design that focuses on the look of each dessert and has clear front-of-pack messaging about their Vegan Society-approved status.The Divine Desserts range comprises Blackberry & Apple Crumble Tarts; Sweet Almond & Raspberry Tarts; Chocolate & Salted Caramel Tarts; British Apple Tarts and Dark Chocolate Tarts. Each pack contains two tarts at an rsp of £4.99.Saintly Foods has seen a surge in interest following the increase in frozen food sales in response to the coronavirus pandemic and the plant-based foods boom, said the firm.“We offer consumers a healthy alternative to the traditional over-processed frozen dessert, but with absolutely no compromise on the taste experience,” said Vanessa McNiven, founder of Saintly Foods.The focus for ingredients is to adhere to British or local provenance, and any imported ingredients, such as coconut oil and coconut milk, should be from certified sustainable sources, she added.Launched last year, the brand targets the ‘conscious consumer’ and offers all-natural sweet treats, which are ethically sourced and produced without artificial additives, preservatives, palm oil, dairy or animal-based ingredients.“Our products are made with the highest-quality natural ingredients, creating a decadent dessert with a long shelf-life without the inclusion of preservatives, emulsifiers or stabilisers. The collection of sumptuous dessert options represents a guilt-free purchase – successfully delivering convenience but not at the expense of quality nutrition and exceptional flavour.”last_img read more

Enter the Vortex: Pisgah Brewing Vortex II

first_imgEnter the Vortex. Love the Vortex.The Christmas season just keeps getting better. First, you had the release of Cold Mountain Winter Ale, a ridiculously popular holiday beer from Highland Brewing that flies off the shelves faster than the Elf on the Shelf heading to the North Pole. Now, we get to look forward to Pisgah Brewing releasing its annual winter brew, Vortex. The annual Pisgah Brewing Vortex is typically a dark, rich, high gravity beer. This year, they’re releasing Pisgah Brewing Vortex II Russian Imperial Stout. And they’ve collaborated with French Broad Chocolate Factory to add crazy delicious cocoa nibs.Mmmm…nibs.Half of the Pisgah Brewing Vortex II batch will get the nibs, the other half will be released “naked.” Both will be released in an annoyingly limited amounts of 22 ounce bottles. The release party is set for Dec. 20. Hit the brewery directly, or be prepared to hunt stores around Asheville for the beautiful “deuce deuce” bottles from Pisgah.last_img read more

Facility Solutions: Key themes for 2019

first_imgTo align your occupancy strategies with your business agility plan, you must embrace change by regularly asking critical questions about how your facilities are responding to planned and unplanned events. As a former facility manager for two national banks and consultant to many credit unions and banks, I offer a series of questions you can ask yourself to help prepare for the new year.Branch OccupancyHow do your five- and seven-year strategies align with your business plan? What if the business goals are not reached and you have over-customized your network? What if you merge with another credit union? Have you prepared ways to shift direction for each possible scenario? Who is influencing your location planning and what are their motives? Are you in a position to offer alternative strategies? ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading »last_img read more

President Nkurunziza campaigns despite call to delay the vote

first_imgNkurunziza has previously dismissed all previous calls for postponements, but Foreign Minister Alain Aime Nyamitwe said the EAC request would be referred to “highest authority.” President Pierre NkurunzizaBurundi’s embattled president skipped key regional talks Monday to campaign for a controversial third term amid renewed security threats and international calls to delay the vote.The crisis in the central African nation revolves around President Pierre Nkurunziza’s third-term bid, which his opponents say is unconstitutional and violates a peace deal that brought an end to a dozen years of civil war in 2006.Leaders of the five-nation East African Community (EAC) had been due to meet Monday in Dar es Salaam, Tanzania, but Nkurunziza instead sent his foreign minister.Kenya and Rwanda were also represented at the ministerial level, leaving host Jakaya Kikwete and Ugandan President Yoweri Museveni the only presidents in attendance.The bloc called for elections to be delayed by two weeks, from July 15 to July 30.EAC Secretary General Richard Sezibera said Museveni would now lead regional efforts to strike a deal after weeks of unrest, and a delay would allow him time “to lead the dialogue”. The EAC said it would deploy observers for the polls and called on Burundi to disarm armed groups, including the Imbonerakure, or youth wing of Nkurunziza’s ruling CNDD-FDD party.It urged Burundi’s rival factions to bury the hatchet and form a government of national unity “irrespective of whoever wins the presidential election.”last_img read more

WWE news: Four wrestlers who battled cancer and defeated it

first_img First Published: 7th October, 2019 14:27 IST Cancer has ruined lives across the world and even the champions within WWE have not been immune to the illness. From Roman Reigns to Michelle McCool and Zack Ryder, all have battled cancer. But like in their professional lives, they have emerged champions, defeating cancer and becoming an inspiration for millions of cancer patients and fans alike.Also Read | WWE: Brock Lesnar Defeats Kofi Kingston In Seconds To Win The TitleHere are four WWE wrestlers who triumphed against cancer1) Roman ReignsLast year, WWE’s undefeated Universal Champion Roman Reigns announced that he was taking a hiatus from professional wrestling to undergo treatment for cancer. The announcement left the wrestling world stunned. Last year, Roman Reigns who was first diagnosed with Leukemia at the age of 22, said he was battling cancer again. But Roman Reigns is not the one who walks away from a fight. Just like in the WWE ring, the champion took on the disease head-on. In February 2019, he announced that he was cancer-free. Since then, he has returned to professional wrestling.  Also Read | WWE Throwback: Rock Kick-starts SmackDown With Electrifying Segment WATCH US LIVE Bret HartAnyone who follows WWE religiously knows the legendary Bret Hart. In 2016, the Hitman revealed on Facebook that he had prostate cancer. Luckily for Bret Hart, the cancer had been contained in the prostrate area, and he underwent surgery to remove it. Since the surgery, Hart has revealed that he has been free of the disease but would require regular check-ups henceforth to monitor the remission. The WWE Hall of Famer now devotes time to creating awareness regarding the illness and promotes regular health check-ups. Also Read | WWE RAW: Truth Behind Lesnar-Mysterio Feud; Cain Turns Pro-wrestlerMichelle McCoolMichelle McCool is a former WWE Women’s champion and the wife of the legendary WWE wrestler – The Undertaker. The WWE Diva announced in 2016 that she had skin cancer. She took to Instagram, extolling the virtues of sunscreen and advising the youth to use sunscreen if they do not want to have “holes” cut into their skin. Luckily for McCool, skin cancer is treatable, and she received appropriate treatment in time. Since then, McCool makes sporadic appearances in WWE and is keen on spreading awareness about the disease. Also Read | WWE News: Draft Predictions For Upcoming Monday Night RAW 2019Zack RyderZack Ryder has faced several fierce battles in the WWE ring, but they all seem inconsequential in comparison to his fight against cancer. The former Intercontinental Champion was diagnosed with cancer in high school. According to him, his dream of becoming a professional wrestler is what motivated him to fight the disease. Ryder revealed that he had a cancerous growth on his foot which later travelled to his lungs and he was forced to undergo numerous surgeries and chemotherapy. Now, the wrestler is cancer-free. He has spoken publicly about his fight with cancer and how the disease has given him the spirit to perform better in the WWE circuit.   LIVE TV Akhil Nambiar COMMENT FOLLOW US SUBSCRIBE TO US Last Updated: 7th October, 2019 14:27 IST WWE News: Four Wrestlers Who Battled Cancer And Defeated It WWE news: Cancer has ruined lives across the world and the champions within WWE have not been immune to the illness. Here are 4 wrestlers who defeated cancer. Written Bylast_img read more

Whicker: 44 notes on 22 NBA teams, before the bubble season begins

first_imgRemember the NBA?If not, save these 44 facts on 22 teams, as the season bubbles up in Orlando July 30:LAKERS (49-14): LeBron James is launching a career-high 6.4 three-pointers and playing a career-low 34.8 minutes per game, but also leads the NBA in assists.The Lakers lead the NBA in blocks and have cut six-and-a-half points off last year’s defensive showing. Photos: Lakers defeat Trail Blazers in Game 4 of first-round playoff series Bojan Bogdanovic, averaging 20.2 points, will miss the playoffs with a broken wrist.OKLAHOMA CITY (40-24): Chris Paul is shooting 48.4 percent, his best since 2010, at age 35.Ex-Clippers Danilo Gallinari and Shai Gilgeous-Alexander have combined to average 38.7 points.HOUSTON (40-24): Since Clint Capela was injured, Houston’s small lineup is 11-6 with wins over the Lakers and Utah and two over Boston.James Harden is launching 55.5 of his shots from behind the 3-point line, a career high.DALLAS (40-27): Mavericks are averaging 116.4 points, most since 1987.Luka Doncic ranks sixth in the league in scoring, fourth in assists and in free throw attempts.MEMPHIS (32-33): Six of the Grizzlies’ top nine scorers are in their first, second or third season in the league.Memphis is 26-17 since Dec. 4.PORTLAND (29-37): Damian Lillard is leading the NBA in minutes (36.9) and averaging 28.9 points.Center Jusuf Nurkic returns from a 16-month absence. Power forward Zach Collins, who has missed all but three games, is back, too.NEW ORLEANS (28-36): Brandon Ingram’s 24.3-point average is a six-point improvement over 2019, with the Lakers.The Pelicans are 10-9 since rookie Zion Williamson joined up.SACRAMENTO (28-36): In their first year with coach Luke Walton, the Kings won 10 of 15 games before the break.Backup center Richaun Holmes, on his third team in three seasons, is averaging 12.8 points and 8.3 rebounds in 28.8 minutes.SAN ANTONIO (27-36): The five-time champs will have their first losing season since 1997.The Spurs have held only two opponents under 100 points.PHOENIX (26-39): Among NBA starters, Devin Booker has the best free-throw percentage (91.6).Eight-year veteran Aron Baynes had never shot more than 61 threes in a season. He has 168 this season, making 35.1 percent.EASTERN CONFERENCEMILWAUKEE (53-12): Bucks have a plus-11.2 point differential and lead the league in scoring.No one but Giannis Antetokounmpo is averaging 10 or more field goals a game while shooting over 50 percent.TORONTO (46-18): The NBA champs are a factor even though Marc Gasol has played only 36 games, and only one starter has played 60.Without Kawhi Leonard, the Raptors lead the NBA in scoring defense and field goal percentage defense.BOSTON (43-21): Kemba Walker has committed one offensive foul in 1,592 minutes.Jaylen Brown has hiked his scoring average from 13 to 20.4 this season.MIAMI (41-24): Undrafted rookie Kendrick Nunn has started 62 games and averages 15.7 points.Undrafted second-year man Duncan Robinson is shooting 44.8 percent from 3-point land with 60 starts.INDIANA (39-26): Domantas Sabonis is fifth in the NBA in rebounds and leads all centers in minutes with 34.8 per game.Pacers take fewer 3-pointers than anyone but shoot 68.9 from 2-point range.PHILADELPHIA (39-26): At 25, Joel Embiid is working on his third consecutive 20-point, 10-rebound season.For the first since 1984-86, the 76ers are going for their third consecutive .600-plus season.BROOKLYN (30-34): The Nets are holding teams to a 44.2 field goal percentage. They haven’t done that in 14 seasons.They are 8-12 when Kyrie Irving plays.Related Articles Chris Paul, Russell Westbrook and other NBA stars pay tribute to Kobe Bryant ORLANDO (30-35): Steve Clifford, in his second season, is the Magic’s fifth coach since Stan Van Gundy was fired in 2013.Former first-overall pick Markelle Fultz (by Philadelphia) leads Orlando in assists (5.2 per game).WASHINGTON (24-40): Bradley Beal averages 30.5 points, a franchise high since Walt Bellamy’s 31.6 in 1962 when the Wizards were the Chicago Packers.What if Beal played against the Wizards, who gave up 150-plus in back-to-back games Jan. 26-28? They surrender 119.7 per game, worst among playoff teams. For Lakers’ LeBron James, Jacob Blake’s shooting is bigger issue than a big Game 4 victory center_img On Mamba Night, the Lakers make short work of Blazers to take 3-1 series lead Video: What LeBron James said about Jacob Blake … ‘Black people in America are scared’ CLIPPERS (44-20): They’re second in the West despite two losses to Sacramento and one loss apiece to Atlanta, Chicago and Phoenix.Reggie Jackson has shot 45 percent from the 3-point line in his nine games.DENVER (43-22): Nikola Jokic is the only 20-point, 10-rebound averager in the Western Conference.Michael Porter, injured as a rookie, is averaging 12.6 points and 6.6 rebounds off the bench.UTAH (41-23): Rudy Gobert averages two blocked shots per game but the Jazz ranks 29th in the league in blocks. Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more