DS News Webcast: Friday 1/24/2014

first_img The Best Markets For Residential Property Investors 2 days ago Previous: Housing Recovery Unmoved by Rising Interest Rates Next: Recovery Expected to Enter ‘Middle Innings’ in 2014 Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Welcome to the new DSNews.com. Existing-home sales increased 1% month-over-month to an annualized rate of 4.87 million in December, according to the National Association of Realtors. At the same time, November’s numbers were revised downward. Even with prices and mortgage rates slated to rise, NAR says sales should hold fairly steady in 2014 as job numbers improve.Experts at Freddie Mac and Equifax echoed those sentiments. They expect falling unemployment and economic growth to keep the housing market on solid ground in 2014. Frank Nothaft, chief economist at Freddie Mac, says the economy should increase by 2.5% to 3% this year, which should empower more consumers to buy homes, but there’s still a long road ahead and a lot of healing left to do.Equifax’s chief economist Amy Crews Cutts says one thing to keep an eye on is the pace of household formations in the months ahead. Cutts pointed out that the number of new households created annually fell sharply when the recession hit—and she’s not expecting much change in 2014. Farther down the line, though, she says the lack of buying today could trigger a swell of pent-up demand, once these prospective homeowners start to feel more financially secure. Sign up for DS News Daily Demand Propels Home Prices Upward 2 days agocenter_img About Author: DSNews in Featured, Media, Webcasts DS News Webcast: Friday 1/24/2014 Is Rise in Forbearance Volume Cause for Concern? 2 days ago Home / Featured / DS News Webcast: Friday 1/24/2014 Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Share Save 2014-01-24 DSNews January 24, 2014 508 Views Subscribelast_img read more

Hamilton Council praised for move to stop funding projects from pokies proceeds

first_img“We know that pokie machines in the clubs and pubs are most often in the poorest communities and cause the greatest gambling harm to individuals, families and communities,” she said. The foundation acknowledged the worthwhile causes that used pokie funding but it was money coming from the pockets of those that could least afford it. Hamilton council voted 8-3 in favour of ceasing to continue to fund projects from pokie proceeds. There was one machine for every 465 people in wealthy areas of New Zealand, but the ratio in more deprived areas was one to 75.center_img TVNZ One News 11 August 2017Family First Comment: A good and principled decision.Other local authorities are being urged to follow the lead of Hamilton City Council and stop funding projects from the proceeds of pokies.Problem Gambling Foundation chief executive Paula Snowden says Hamilton’s decision showed leadership and integrity, and she hopes others follow suit.She says Mayor Andrew King’s comment about the harm that pokies cause is spot on. A report to councillors showed that, since 2010, the council has received $385,000 from gaming trusts for projects.https://www.tvnz.co.nz/one-news/new-zealand/hamilton-council-praised-move-stop-funding-projects-pokies-proceedslast_img read more