Golden State Records Drop in Home Sales

Home / Daily Dose / Golden State Records Drop in Home Sales  Print This Post February 18, 2019 1,152 Views Sign up for DS News Daily Golden State Records Drop in Home Sales Share Save Tagged with: Andrew LePage California CoreLogic Home Sales Andrew LePage California CoreLogic Home Sales 2019-02-18 Donna Joseph in Daily Dose, Featured, Market Studies, News The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 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 Demand Propels Home Prices Upward 2 days ago Donna Joseph is a Dallas-based writer who covers technology, HR best practices, and a mix of lifestyle topics. She is a seasoned PR professional with an extensive background in content creation and corporate communications. Joseph holds a B.A. in Sociology and M.A. in Mass Communication, both from the University of Bangalore, India. She is currently working on two books, both dealing with women-centric issues prevalent in oppressive as well as progressive societies. She can be reached at [email protected] Related Articles The Best Markets For Residential Property Investors 2 days ago Home Sales in California downshifted harshly in December 2018—reflecting a seven-year high for mortgage rates the prior month, more stock market volatility and a continued hold-out by some would-be buyers who are hoping it will pay to wait—according to Andrew LePage, Professional, Research Analyst at CoreLogic. The report titled “California’s Year Over Year Drop in Home Sales Largest in Eight Years”, LePage noted that the 2 percent annual gain in the median sale price in December was the smallest in nearly seven years. This, however, understates the affordability challenge many would-be buyers face. The monthly principal-and-interest mortgage payment on the state’s median-priced home in December 2018 was up 10.7 percent compared to the previous year around the same period. LePage noted that this is because of a nearly 0.7-percentage-point gain in mortgage rates over the prior year.Per CoreLogic’s estimate, approximately 30,697 new and existing houses and condos were sold statewide in December 2018—recording the lowest sales tally for a December in 11 years. CoreLogic public records data shows that December 2018 sales dropped by 8.4 percent from November 2018 and fell 20.2 percent from December 2017. The report found that last December’s 20.2 percent year-over-year sales decline was the steepest for any month since October 2010, when sales fell 23.2 percent. The drop in sales occurred at all price levels, it indicated. The median price paid for all new and existing houses and condos sold statewide in December 2018 was $475,000, declining 3.1 percent from November and recording an upward spike from 2.0 percent from December 2017. In nominal terms, California’s median sale price hit an all-time high of $500,000 in June 2018. “Stock market volatility creates a headwind for high-end activity. Market corrections can spook high-end buyers and leave some with inadequate funds to cover down payment and closings costs,” LePage said. The other highlights for December 2018 revealed that in the six-county Southern California region, 15,781 new and existing houses and condos sold in December—dropping by 20.3 percent year over year. December’s median sale price was $515,000, up 1.1 percent year over year. The nine-county San Francisco Bay Area recorded sales of 5,341 new and existing houses and condos, down 21.6 percent year over year. December’s median sale price was $785,000, up 4.6 percent year over year.CoreLogic data suggest that some of the state’s more affordable counties logged annual gains in total sales or relatively small annual declines in December 2018. However, there were also some relatively affordable counties that experienced annual sales declines more in line with the coastal regions. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago About Author: Donna Joseph Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: Bridging the Gap in Black Homeownership Next: The Great Fall of Mortgage Delinquencies Subscribe read more

Read More →

Him in mind: Pittsburgh’s Zanna uses father’s death as motivation in basketball journey half a world from home

first_imgTalib Zanna broke down in tears. His sister, who was on the other line of the phone call in Nigeria, was also crying.Just seven hours earlier, he was on the phone with his father, Zanna Awami, half a planet away. The conversation was a somber one, as Talib likely knew it’d be the last time he’d ever get a chance to speak to the man who raised him.Even though he had a chance to say goodbye, it didn’t ease the pain of knowing his father was gone.“He gave me a couple words. He said, ‘Just be focused in whatever you do. Make the wise choice,’” Talib Zanna said. “It was really tough when he passed away. It was a struggle for me. Things happen in life, and we just have to let it go and move on.”Five years later, Zanna has developed into one of the best players for Pittsburgh (16-1, 4-0 Atlantic Coast), averaging a career-high 13 points and 8.1 rebounds per game. In Pitt’s last outing, Zanna logged 22 points and nine rebounds in a win at Georgia Tech.AdvertisementThis is placeholder textZanna was only a senior at Bishop McNamera (Md.) High School when his father passed. He had just committed to the Panthers, and the dream that led him to travel alone to the United States as a 16-year-old had come to fruition.Even though his father isn’t around to see his success, his passing bred a new sense of motivation in Zanna.He now plays every game for him.“Just having someone by our side that always looked out for us,” he said. “He helped us grow out of it and be a man.”His father was a huge sports fan and wanted his kids to play soccer because that was his favorite sport. But when Zanna and his younger brother Nura both hit massive growth spurts, their older brother suggested they focus solely on basketball.It was a transition their father had no qualms with. He wanted his sons to pursue their dreams, whatever they were.“He really supported us playing sports,” Zanna said, “because he kind of figured out that this is what we love doing.”And the support paid off. Zanna was invited to a Basketball Without Borders NBA camp in South Africa. There, he met Bishop McNamera head coach Marty Keithline, who offered him a scholarship to play basketball in the states.The choice was a no-brainer for Zanna. In Nigeria, where many people don’t go to school, playing professional sports is the ultimate dream, and sometimes the only means of making money.He had to go, even though it meant leaving home.“The hardest part was just not seeing my family,” Zanna said. “It was tough for me. I struggled with it. I just had to let it go to pursue my dream.“Zanna came to the United States speaking little English. He had a strong, but wiry frame. He had built himself into shape from running in the many hills and mountains that clutter the Nigerian landscape. But he didn’t have the bulk.“When he was a sophomore, he was long and gangly,” Keithline said. “He could run, jump and had great timing. He went from maybe 180-some pounds when he was here to about 220 when he left.”Zanna left as one of the most highly touted recruits in school history. His picture was in the papers back home. He was a celebrity in Nigeria before anyone knew his name in the United States.But after his father passed, Zanna adopted a new outlook on his career. He said everything he was doing would be for his father, who he knew was looking down on him.Just days after his passing, Zanna called Nura, who was still home pursuing the same dream.“I was about to call him and talk to him, but he called me,” Nura Zanna said. “He was telling me how we need to get past that now and work on our future and help our families.“(Zanna) kind of motivates me. I want to follow his footsteps.”Now they’re both playing for their family in the states, Zanna for the Panthers and Nura a freshman center at Long Island University-Brooklyn.Nura has yet to go back to Nigeria, while Zanna has just once. Still, their family remains as close as ever.“My brothers and my sisters, they really look up to us,” Nura said. “They want us to make it happen.“That’s what both of them are doing: Nura getting his feet wet with the Blackbirds and Zanna on the verge of playing professionally.They each credit their success to their father.Before every game, Zanna takes a picture of his father that hangs in his locker and holds it. He says a prayer then rubs the picture against his heart.He said he’s got to move on, but insists that every thing he does and all the success he has is in his father’s memory.“We’re all playing basketball for him,” Zanna said. “We’re doing this for him. I know he’s up there watching us.” Comments Facebook Twitter Google+ Published on January 17, 2014 at 4:00 am Contact Sam: [email protected] | @SamBlum3last_img read more

Read More →

George Groves v Glen Johnson post-fight press conference

first_imgGeorge Groves, flanked by promoter Frank Warren and trainer Adam Booth, reflects on his points victory over former world champion Glen Johnson. (Video courtesy of iFilm London)See also:O’Meara suffers defeat in title clash Dominant Groves easily sees off JohnsonGroves set to fight for European title Groves tipped to win world title in 2013Haye hails Groves after ‘amazing display’ against JohnsonGroves v Johnson in 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 Follow West London Sport on TwitterFind us on Facebooklast_img read more

Read More →

Russell Wilsons Blackness Should Not Be a Question

It’s troubling to hear reverberations from the Super Bowl-champion Seattle Seahawks’ locker room that quarterback Russell Wilson is at the center of a divide within the team because he’s not “Black enough.”Really? Seriously?Being Black has no boundaries, and if some of his teammates take his insistence on not blasting rap music or not wearing his pants hanging off his butt or enunciating when he speaks or whatever else they conjure up as not being “Black enough,” well, that’s a case of us setting ourselves back.Percy Harvin, a talented yet apparently volatile receiver, was traded last week to the New York Jets in a move that stunned most NFL observers. The talk from the Seahawks’ locker room (anonymously, of course) was that there was a rift between quarterback and receiver. Half the players sided with Harvin and others with Wilson. In the end, the team rolled with its quarterback who led them to the championship last year and traded Harvin and all his talent.Last year, Black people went berserk when a white journalist said Colin Kaepernick was not fit to lead the San Francisco 49ers as quarterback because his body is laden with tattoos. But hardly is there a whimper from the Black community when Black teammates criticize their quarterback for being a polished young man. Something is wrong with that.Wilson, in a weak press conference to try to diffuse the drama, said that Harvin is a lot like him and that the discord between the two and teammates was a media creation. Not true on both counts. This is what he said: “Percy and I never had differences. He’s a guy that, you know, we had a lot of similarities, probably, if anything. You know, guys that want to compete at the highest level, want to win every single time you step on the field. Want the ball in our hands, to make the big play and everything. So I’m not sure why the media tries to blow everything out of proportion, it’s part of it, I guess. You have to deal with it. But you also ignore it, too. Like I always tell you guys, ignore the noise. You know, Percy’s a Virginia guy and I wish nothing but the best for him.”About all Harvin and Wilson have in common is that they are both from Virginia and they play football.  And they are Black. That’s about it. And that’s more than enough. Neither is more or less Black than the other.Being Black means being hip and corny, smart and not-so-smart, giving and greedy, thoughtful and selfish, articulate and mumbling, soulful and soulless, tough and weak, ambitious and docile … and on and on. When Black men call other Black men “not Black enough,” they point out the insecurities within themselves.No doubt, if Seattle, which was predicted by some pundits to go undefeated this season, had not lost two games in a row, the tension within the team would be minimized. But adversity (losing) brings out the soul of a person and a team, and the Seahawks have to undergo serious self-examination now to hold it together.Wilson, by most accounts, comports himself with respect, conveys his thoughts clearly, treats people with respect, works hard, leads by example. Seems “Black enough” to me. read more

Read More →

Robertson pays tribute to Van Dijk

first_imgLiverpool defender Andy Robertson has heaped praises on teammate Virgil Van Dijk following his performance against Wolverhampton Wanderers.Van Dijk, who joined the club in January this year for club a record fee of £75million from Southampton, scored the team’s second goal, as they defeated Wolves 2-0 on Friday night.The Netherlands captain has been fantastic at the heart of the Reds defense, helping the club reach the UEFA Champions League final last season and leading them to the summit of the Premier League this season.Robertson said, according to Mirror Football: “I’m getting bored talking about how good he is… I’m only joking.”Jose Mourinho is sold on Lampard succeeding at Chelsea Tomás Pavel Ibarra Meda – September 14, 2019 Jose Mourinho wanted to give his two cents on Frank Lampard’s odds as the new Chelsea FC manager, he thinks he will succeed.There really…“We knew what we saw Adama Traore playing up front that he’s got great pace. His pace and directness are a big threat – and big Virgil did so well with him.”“I’m sure he will be disappointed he has not scored more goals but it was a clean sheet and his first Premier League goal. It was pretty much a perfect day for him.”“His impact on the club has been good. He’s been brilliant. I’ve worked alongside him for the majority of time on the left-hand side of defence.”“He’s just a great lad to have alongside you.”last_img read more

Read More →