Home / Daily Dose / Q3 Rental Volumes Slip Servicers Navigate the Post-Pandemic World 2 days ago Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: Freddie Mac Settles $1.3B Trust Offering Next: Q3 Built-for-Rent Volumes Slip Q3 Rental Volumes Slip Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily Tagged with: built for rent Rental November 27, 2019 541 Views Demand Propels Home Prices Upward 2 days ago Print This Post built for rent Rental 2019-11-27 Seth Welborn Related Articles The Best Markets For Residential Property Investors 2 days ago Share Save in Daily Dose, Featured, Investment, Market Studies, News The Week Ahead: Nearing the Forbearance Exit 2 days ago The number of single-family homes built-for-rent posted a small decline during third quarter of 2019, according to the National Association of Homebuilders (NAHB). This market has received recent attention as a means to add single-family inventory amid concerns over housing affordability and downpayment requirements in the for-sale market.According to NAHB’s analysis of data from the Census Bureau’s Quarterly Starts and Completions by Purpose and Design, there were 11,000 single-family built-for-rent starts for the third quarter of 2019. This is lower than the 14,000 estimated for the third quarter of 2018 however. Over the last four quarters, 41,000 such homes began construction, which is lower than the 45,000 estimated SFBFR starts for the four quarters prior to that period.Given the small size of this market segment, the NAHB notes that the quarter-to-quarter movements typically are not statistically significant. The current four-quarter moving average of market share (4.5%) remains higher than the recent historical average of 2.7% (1992-2012) but is down from the 5.8% reading registered at the start of 2013. As measured for this analysis, this class of single-family construction excludes homes that are sold to another party for rental purposes, which NAHB estimates may represent another two percent of single-family starts. The estimates in this post only include homes built and held for rental purposes.With the onset of the Great Recession and declines in the homeownership rate, the share of built-for-rent homes increased. Despite the current elevated market concentration, the total number of single-family starts built-for-rent remains small in terms of the total size of the building market. Howeer, a new study from Cornell authored by Suzanne Lanyi Charles, assistant professor of city and regional planning, identified how these rental trends impact housing, from more unaffordable housing and household instability to increased rents and evictions, depressed house prices and deferred maintenance.“Single-family rental housing is an increasingly prevalent form of housing tenure in U.S. suburban neighborhoods, representing a paradigm shift in how households gain access to a suburban single-family home,” Charles wrote.Charles notes that in an attempt to stabilize neighborhoods hit hard in 2008, foreclosed single-family houses were sold off in bulk to large corporations. Increases in suburban single-family rental housing may provide households access to neighborhoods that are otherwise off-limits to renters, Charles said, but the reverse is also true.Charles notes that while policymakers including Democratic presidential candidate Elizabeth Warren have proposed legislation limiting large-scale institutional investment in single-family rental housing. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 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 Best Markets For Residential Property Investors 2 days ago About Author: Seth Welborn
A claim of vast reservoirs of water deep in the earth is based on indirect evidence, and likely has little or nothing to do with surface water or floods.Science Daily reported, “New evidence for ‘oceans’ of water deep in Earth: Water bound in mantle rock alters view of Earth’s composition.” The amount of water may be triple the volume of all the earth’s oceans and lakes combined, the article says.Researchers from Northwestern University and the University of New Mexico report evidence for potentially oceans worth of water deep beneath the United States. Though not in the familiar liquid form — the ingredients for water are bound up in rock deep in the Earth’s mantle — the discovery may represent the planet’s largest water reservoir.The water is inferred to exist indirectly through echoes of seismic waves. Scientists believe it became entrapped in mantle rock during subduction of continental plates. The findings were published in Science Magazine.A key point about this water is that it is bound up in mantle rock; it does not exist in a liquid form. Indeed, it cannot be liquid, because it is under extreme pressure and heat in the transition zone between the upper and lower mantle. Being 250 to 410 miles deep, it has no way to reach the surface and influence the oceans except through plate tectonics. The “ingredients” for water are bound up in minerals like ringwoodite and wadsleyite that can contain 1-3% water by weight.A number of people sent links to this story as if it supported a global Flood. They must have pictured an ocean of liquid water under the crust, ready to burst forth. Unfortunately, this “water” is bound to minerals, like it is on the dry moon. Certain minerals can bind H2O in their chemical composition. Even though the sheer volume of the minerals could contain a sizeable quantity of water (if it were at normal surface temperature and pressure), that does not mean that this water is available to the surface.It’s important not to read headlines and jump to conclusions. Headlines are often more flamboyant than the data. Unless a creation geologist can explain how the water could have become available to the surface in liquid form, it likely has nothing to do with a global flood. The article states that “water may be cycling between Earth’s surface and interior reservoirs through plate tectonics,” but the actual paper says nothing about this. In the evolutionary timeline such cycling would take millions of years. Creation geologists would have to present a plausible model for cycling it much faster. This water is much deeper than allowed in certain flood models such as the hydroplate theory, which postulates water chambers 10 miles beneath the crust. The mantle water is over 250 miles down. One needs to have a plausible mechanism for bringing it up from that depth and releasing it from its mineral cage if it is to play any role in surface conditions.The deep “water” does create a problem for secular geologists and planetologists, though, because it increases the amount of volatile material that “Theia” (the hypothetical planet that smashed into earth and formed the moon—see 6/12/14) had to bring from elsewhere.There are bodies in the solar system that do have oceans of liquid water under their surfaces: among them Europa, Enceladus, maybe Ganymede and Callisto, and now Pluto (Science Daily). Pluto may have had a subsurface liquid ocean in the past, the article says. The presence of liquid water in small bodies in the outer solar system poses a severe challenge for the belief these bodies are billions of years old. (Visited 37 times, 1 visits today)FacebookTwitterPinterestSave分享0 read more
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In an age of global position satellites, where turn by turn directions are always available, what you really need is a compass. The GPS tells you how to get where you are going. It provides you with the best route from getting from point A to point B. When it’s really fancy, it tells you all kinds of other information, things that might slow you down or help you along your way. It is a tool designed to make your journey more efficient.A compass is different. It doesn’t tell you how to get where you are going, nor does it map out the best course of action. The information it provides is limited, but the little information it provides in many ways exceeds that of the GPS. A compass tells you in which direction you are traveling.The direction you are heading is a question of values. You need to know what is your True North, that thing that is calling you, your purpose, what you are here to do with the time you have been given. If you don’t know where you are going, you don’t need turn by turn directions; you need a destination.A compass helps you get your bearings, to know which way you are facing, whether you are moving towards your True North or away from it.The reason most people drift isn’t that the directions are unknown or unknowable. They drift because they haven’t decided what they want and why they want it. They don’t have goals that provide them with direction and that compel them forward towards some better future, some better version of themselves.The efficiency in which you make your journey is nowhere near as important as arriving in the right place. If forced to choose between efficiency or effectiveness when it comes to the most important things in life, always choose effectiveness.A compass shows you your direction. Essential Reading! Get my first book: The Only Sale Guide You’ll Ever Need “The USA Today bestseller by the star sales speaker and author of The Sales Blog that reveals how all salespeople can attain huge sales success through strategies backed by extensive research and experience.” Buy Now read more
Rajan Lohia produces about 25 lakh kilograms of tea annually from his three estates in eastern Assam’s Dibrugarh and Sivasagar districts. Of this, only 2 kg has struck gold.
On the field at NTL it may sound a bit strange to hear an Irish accent controlling the game.But that voice would be Derek Fisher, a referee who has moved to Australia for 12 months. After 4 years of refereeing in Europe, he is now part of the premier competition in Australia, the X-Blades National Touch League.Derek took up refereeing because of the shortage of referees where he was playing in Germany, and it went from there.“I got into back in Germany because somebody had to do it,” Derek said.And four years on he is still doing it, and most importantly, enjoying it.“One of the things I enjoy about refereeing is that you’ve got a chance to shine as an individual and still have the team element there. But certainly with the accreditation system you (Australia) have, you can individual goals as well, that’s one of the things that is really good, and one of the most satisfying things.”Derek arrived in Australia in late November, and was refereeing at his first tournament, the NSW State Cup, within weeks. And he has been busy ever since, refereeing in several tournaments in his short amount of time in Australia. During his time as a referee, he has had the chance to travel around Europe. Even though the competition is small, it is widespread across the continent, resulting in him travelling a lot, especially in the past year.“Last year in April the comp was in Vienna, May was Berlin, in June we had a national training camp in Cologne, then July was Paris for the Euros, September was Cologne again and October was Frankfurt.” He is making the most of his time in Australia, trying to progress through the ranks. “The badging systems are different. You guys [in Australia] have six badges, where in Europe you have only got five…So at the moment I am a European three, which I got at last Euros. I am going for my red badge while I am here.”Derek says that the quality of touch is much higher in Australia, which is understandable due to the fact that touch in Europe is still progressing. “To give you a feel for it, most of the sides that are here today, the Open’s sides, would knock over the [international] teams back home… The gap can only get closer.”And touch players will hear this accent around for the next eight months, as he is staying in Australia until November, before heading back to Europe in time for the 2010 Euro’s. read more
Website – www.touchfootball.com.auFacebook – www.facebook.com/touchfootballaustraliaTwitter – www.twitter.com/touchfootyaus (#TWC2015)Instagram – www.instagram.com/touchfootballaustralia Related LinksDay 2 Results After rain late on Day 1, the blue skies on the morning of Day 2 looked promising that the rain would hold off, unfortunately not. The rain started mid morning and only stopped for brief moments. Games were suspended at half-time of the 4:30pm time slot and no further play will happen today.In the very wet conditions, the Aussies started off strong with more impressive results, winning all bar two. Further details on what will happen to the suspended games as well as future games will be posted in due course.Congratulations to Leonard Ryan on playing his 50th World Cup game when the Australian Men’s 50 defeated Ireland 12 – 0.Day 2 ResultsMen’s Open: Australia (22) defeated France (0)Australia (15) defeated Samoa (0)Australia (6) defeated Fiji (2)Women’s Open: Australia (22) defeated England (0)Australia (13) defeated Japan (1)Australia v South Africa (Game Suspended)Mixed Open: Australia (13) defeated France (0)Australia (11) defeated Samoa (4)Australia v Papua New Guinea (Game Suspended)Women’s 27: Australia (10) defeated England (1)Australia (16) defeated France (1)Men’s 30: Australia (14) defeated Japan (0)Australia (14) defeated England (0)Australia (18) defeated Fiji (0)Men’s 35: Australia (4) defeated by New Zealand (9)Australia (10) defeated France (3)Australia v Japan (Game Suspended)Men’s 40: Australia (10) defeated Japan (3)Australia (15) defeated Wales (2)Australia v New Zealand (Game Suspended)Men’s 50: Australia (12) defeated Ireland (0)Australia v Italy (Game Suspended)Senior Mixed: Australia (12) defeated England (3)Australia (6) defeated by New Zealand (7)Australia v Netherlands (Game Suspended)Keep up-to-date with all of the latest news and information from the Australian teams at the 2015 Touch World Cup: read more
Plano (Tex.) West five-star running back Soso Jamabo has his pick of the litter when it comes to playing college football. Jamabo has officially visited UCLA, Texas and Notre Dame, with the Bruins and Longhorns reportedly having the lead for his services, per 247.That didn’t stop Jamabo from having some fun when asked about his finalists. He named two schools, just not the ones people would expect:That’s right, Jamabo claims he’s down to the University of Phoenix and ITT Tech. Not sure if either school can compete with the tradition, weather or gameday atmosphere of UCLA or Texas, but neither program has lost in years and might lead the country in television advertisements. Jamabo even took things a step further on Twitter this afternoon, posting this hilarious edited photo playing up the whole mock situation:I just wanna thank God.. pic.twitter.com/cdnMiGzNQ4— SOMI JaMITCHELL (@Soso_Jamabo1) January 26, 2015If Jamabo’s budding football career doesn’t work out, comedy could be a decent backup plan. read more