Economic and Job Growth Pushing Housing Slowly Toward ‘Normal’ Levels

first_imgHome / Daily Dose / Economic and Job Growth Pushing Housing Slowly Toward ‘Normal’ Levels  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save Demand Propels Home Prices Upward 2 days ago The housing market is slowly but surely inching closer to normal levels with the help of economic and job growth.According to the National Association of Home Builders (NAHB)/First American Leading Markets Index (LMI) released Thursday, markets in 75 of the approximately 360 metro areas nationwide have returned to or exceeded their last normal levels of economic and housing activity in the second quarter of 2015. This is an increase of 13 markets year-over-year.“The markets are gradually improving and economic and job growth continue to strengthen, which bodes well for housing for the remainder of the year,” said Tom Woods, NAHB chairman and a home builder and developer from Blue Springs, Missouri.The NAHB reported that the index’s score increased on point to .92, which means that the nationwide average is at 92 percent of normal economic and housing activity. Although this increase may seem marginal, this one point rise up places the market closer to the one point goal, indicating that it has returned to normal. In addition, 66 percent of markets have shown improvement year-over-year.“Of the three elements in the LMI (house prices, permits, and employment), house prices have had the broadest recovery, with 345 markets returning to or exceeding their last normal level,” said David Crowe, NAHB’s chief economist. “Meanwhile, 64 markets have met or exceeded their normal employment levels. The housing permit level has made the least progress toward normality, with only 26 markets at or above their last normal level.”The index found that Baton Rouge, Louisiana continues to top the list of major metros on the LMI, with a score of 1.47, 47 percent better than its last normal market level. Other major metros leading the list include Austin, Texas; Honolulu, Hawaii; Houston, Texas; and Oklahoma City. Rounding out the top ten are San Jose, California; Los Angeles, California; Charleston, South Carolina; Salt Lake City, Utah; and Nashville, Tennessee. Demand Propels Home Prices Upward 2 days ago Subscribe Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: Housing Market Jobs NAHB National Association of Home Builders U.S. Economy About Author: Xhevrije West Xhevrije West is a talented writer and editor based in Dallas, Texas. She has worked for a number of publications including The Syracuse New Times, Dallas Flow Magazine, and Bellwethr Magazine. She completed her Bachelors at Alcorn State University and went on to complete her Masters at Syracuse University. The Best Markets For Residential Property Investors 2 days ago Housing Market Jobs NAHB National Association of Home Builders U.S. Economy 2015-08-06 Brian Honeacenter_img August 6, 2015 1,853 Views The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Market Studies, News Economic and Job Growth Pushing Housing Slowly Toward ‘Normal’ Levels The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily Related Articles Previous: Green Tree Servicing to Merge With Ditech Mortgage Next: New York AG Highlights Success of Home Retention Programslast_img read more

News story: Defence Medical Services (Whittington) Field Gun Crew battles it out at HMS Collingwood

first_imgThe crew of 18 highly disciplined, motivated, and physically fit field gunners, battled it out against teams from across the UK and as far afield as Gibraltar, Cyprus and Naples for the coveted Brickwoods Trophy.The competition is fast and furious and requires 18 man crews to run, dismantle, carry, reassemble and fire the gun in the shortest possible time. Strength, stamina and team work are essential. Sustained by a dedicated support team, time keepers, track judges and managers, the crew comprised of both permanent staff and trainees, and attracted much praise from more experienced crews. it has been an absolute honour to work with such a dedicated and talented crew. I have observed teamwork, discipline and courageous acts throughout this season and along with the No1 Trainer Lt Hallam and the Skipper SSgt Gregory, we are immensely proud of the achievement. The Defence Medical Services Field Gun Crew battles it out at HMS Collingwood. Photo: Crown copyright.The DMS (Whittington) Field Gun Crew competed in the Plate 1 final with an impressive time of 1:24:09 and a 3 second penalty and were ultimately positioned 10th out of 23 crews. The converted Brickwoods Trophy was eventually won by HMS Heron from Yeovilton who were ultimately crowned the winners.Major Richard Yardley, the Field Gun Officer told us,center_img The 18 man team finished 10th out of 23 crews. Photo: Crown copyright.The origins of the Royal Navy Field Gun competition grew out of an event in 1899, when British troops were besieged by Boer fighters in the garrison town of Ladysmith in modern-day South Africa. The Brickwoods Trophy was the idea of Sir John Brickenwood, Chairman of the Brickwood Brewery.last_img read more

Wave Energy Scotland hires PTO technical experts

first_imgWave Energy Scotland (WES) has appointed two experts for independent assessment of the projects that will proceed to the next stage of its power take-off (PTO) development program.WES hired Uaine Gorm Power Associates, and Paul Vigars, as external experts to assist the organization in the stage-gate process for PTO stage 2 projects that will compete to progress to the stage 3.The newly sourced experts will read and independently evaluate a number of applications, covering both technical and commercial elements in accordance with the guidance provided by WES.A visit to contractors will also be undertaken to ensure familiarity with the technology, team and project aims, WES said.It is anticipated that applications for the stage-gate will be open in mid-October 2017 with completed applications being returned in December 2017, according to WES.The process will be similar to stage-gates previously run by WES, where projects are assessed on the basis of responses to an application form covering results from stage 2 and plans for stage 3.“To ensure adequate technical expertise is available during the assessment of stage-gate applications, WES have appointed two suitably qualified and experienced individuals who can provide independent, impartial expert advice,” WES said in a contract award notice.This stage-gate review is part of WES’ first call for secondary energy conversion technologies or power-take off systems, which closed on May 22, 2015.The call took the form of a three-stage program, and the process to move from one stage within the process on to the next is known as the stage-gate process.last_img read more