Builders Remain in a Holding Pattern, Expect Improvement

first_img in Daily Dose, Featured, Headlines, Market Studies, News Builder Confidence Credit Conditions Current Sales Conditions Home Sales 2014-04-15 Tory Barringer April 15, 2014 586 Views Share Save The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Tagged with: Builder Confidence Credit Conditions Current Sales Conditions Home Sales The Best Markets For Residential Property Investors 2 days ago Previous: HUD and Dubuque, Iowa Settle Allegations of Discrimination Next: Recent Ellie Mae Outage Not a Cyber-Attack Data Provider Black Knight to Acquire Top of Mind 2 days ago Builder confidence stayed mostly flat in April, nudging up slightly from a downward revision to March’s findings.The National Association of Home Builders (NAHB) reported a one-point increase in its monthly Housing Market Index (HMI), a measure of builders’ confidence in the market for newly constructed single-family homes. March’s index was revised down to 46 from an originally reported 47.Registering 47 as of the latest release, the index has now spent three straight months below 50, the threshold between a market viewed largely as “good” and one viewed as “bad.”“Builder confidence has been in a holding pattern the past three months,” said Kevin Kelly, NAHB chairman. “Looking ahead, as the spring home buying season gets into full swing and demand increases, builders are expecting sales prospects to improve in the months ahead.”Of the three component indexes measuring housing conditions, the gauges for both current sales conditions and traffic of prospective buyers remained steady at 51 and 32, respectively. The measure for expected sales in the next six months climbed four points to 57, reflecting greater optimism among builders.“Job growth is proceeding at a solid pace, mortgage interest rates remain historically low and home prices are affordable,” said NAHB chief economist David Crowe. “While these factors point to a gradual improvement in housing demand, headwinds that are holding up a more robust recovery include ongoing tight credit conditions for home buyers and the fact that builders in many markets are facing a limited availability of lots and labor.”At the regional level, the Northeast was the only area to report increased confidence, posting an index of 36 compared to 30 in March. Sentiment was down in the Midwest and West and stayed flat in the South.Looking at the three-month moving average for each regional HMI, all regions saw declines in March, with only the West hovering above the 50 mark. Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img  Print This Post Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribe Builders Remain in a Holding Pattern, Expect Improvement Home / Daily Dose / Builders Remain in a Holding Pattern, Expect Improvement Servicers Navigate the Post-Pandemic World 2 days ago Related Articles Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

Stakeholder perspectives on ecosystem-based management of the Antarctic krill fishery

first_imgInformation about stakeholder aspirations is a fundamental requirement for ecosystem-based management, but the detail is often elusive, and debates may focus on simplistic opposing positions. This is exemplified by the Antarctic krill fishery, which, despite a current operational catch limit equivalent to just 1% of the estimated biomass and actual annual catches much lower than this, is the subject of a high-profile debate framed around ambiguous concepts such as sustainability. Q methodology was applied to explore the detailed views of representatives of three stakeholder sectors (the fishing industry, conservation-focused non-governmental organisations (NGOs), and scientists from seven countries involved in research on the krill-based ecosystem). The analysis distinguished two clear groupings, one of which included the views of all NGO participants while the other included the views of fishing industry participants and a subset of the scientists. Key differences between the groups included the priority given to different management measures, and to continued commercial fishing. However, the results also revealed considerable overlap between viewpoints. Both groups prioritised the maintenance of ecosystem health and recognised the importance of defining management objectives. Also, neither group prioritised a decrease in catch limits. This suggests that most participants in the study agree that management should improve but do not perceive a major problem in the ecosystem’s ability to support current catch levels. Cooperation to identify shared management objectives based on stakeholder aspirations for the ecosystem might enhance progress, whereas polarised discussions about preferred management measures or ambiguous concepts are likely to impede progress.last_img read more

Pope Francis Against Gay Adoption

first_imgCNS News 21 May 2014Although Pope Francis was praised for his “who am I to judge?” comment about gay individuals and was named Person of the Year by the homosexual magazine The Advocate in 2013, the Pope has rejected the idea of same-sex marriage as an “anthropological regression” and stressed that  when it comes to adoption, “every person needs a male father and a female mother.”Pope Francis explained his views on these hot-button issues in his book, On Heaven and Earth: Pope Francis on Faith, Family, and the Church in the Twenty-First Century, which he co-wrote with Rabbi Abraham Skorka in 2010 and which was republished after the then-Argentine cardinal was elected to the papacy in March 2013.The book is a dialogue between Skorka and the future Pope and includes a chapter on same-sex marriage, which is where the pontiff also talks about adoption.Skorka first explains that Judaism “prohibits sexual relations between two men” and then expresses worry about how a proposed gay-marriage law in Argentina could change “the core values of our society.”Pope Francis (then-Cardinal Jorge Bergoglio) says, “I have the exact  same opinion; in order to define it I would use the expression  ‘anthropologic regression,’ a weakening of the [marriage] institution  that is thousands of years old and that was forged according to nature  and anthropology.” read more

Leafs pound Nitehawks to take over top spot in Murdoch Division

first_imgThe Nelson Leafs took over first place in the Murdoch Division of the Kootenay International Junior Hockey League by slamming the Beaver Valley Nitehawks 10-3 in action Tuesday night in Fruitvale.The Leafs took a 2-0 lead three minutes into the game and never looked back.Nelson led 5-1 after one frame and 7-2 after two periods.Aaron Dunlap, Colton Schell, Damin Devlin, James Sorrey and Greg Nickel led the Leafs assault, each with three points.Sorrey and Devlin scored twice with Nickel, Seth Schmidt, Kevin Bow, Dunlap, Schell and Jacob Boyzuck adding singles. Brad Gaboury, former Leaf Walker Sidoni and Luke Reimer replied for the Hawks.Brent Soles was outstanding between the pipes for Nelson, facing 46 shots as the Hawks tried to run the Leafs right out of the building.Zac Perehudof started in goal for Beaver Valley, but was chased after former Hawk Boyczuk scored on the power play — one of three on the night by the Leafs.The win was the third straight for the Leafs against Murdoch Division opponents.Nelson, improving to 9-5-1, now leads idle Castlegar Rebels by two points in the Murdoch Division.However, the Leafs have played one more game than the Rebels and two more than Beaver Valley.The Leafs now travel to Grand Forks Thursday before hosting Kamloops Storm Saturday at the NDCC  Arena.Beaver Valley plays in Grand Forks Friday before hosting Columbia Valley Rockies Sunday in an afternoon tilt as the Hawks Nest.ICE CHIPS: Leaf captain Colton Schell has been on fire of late, totalling nine points in the past four games to move into third place in KIJHL scoring, two points behind the leaders. . . . After scoring 10 times in the opening 10 games, rookie Colton McCarthy has scored once in the past five games.last_img read more


first_imgChampionDONEGAL’S Ryan McHugh has been named the RTE Sunday Game/Supervalu Man of the Match.And the first to agree was his big brother Mark – in a Tweet from New York – which read: “Absolutely buzzin..! Might be a bit biased but for me @McHughRyan is my man of the match ..well done lads ! Enjoy the victory..#DonegalAbu”One Kilcar brother was certainly supporting the other. And the Sunday Game panel including Owen Mulligan and Tomas O Se (the great Tomas O Se) went for Ryan for his overall contribution to the win over Monaghan.Ryan is pictured above celebrating. MARK McHUGH SAYS BROTHER RYAN WAS MAN OF THE MATCH – AND RTE AGREES! was last modified: July 20th, 2014 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Man Of The MatchMark McHughMonaghanRyan McHughlast_img read more

Giants send Derek Rodriguez to minors

first_imgSAN FRANCISCO — Dereck Rodriguez will continue his search for the strike zone in the minor leagues.Rodriguez, who came out of nowhere to become one of the Giants’ best pitchers a year ago, was optioned to Triple-A Sacramento Saturday.Catcher Eric Kratz, who was in the injured list with a left hamstring strain, was reinstated to the roster and is available for the second game of the series against the Cincinnati Reds at Oracle Park.Rodriguez pitched five innings in Friday night’s 7-0 loss to …last_img

India vs England: 5 things to know about 2nd Test at Lord’s

first_imgThe Anderson-Jadeja row has added more spice to the 2nd Test at Lord’sA lifeless pitch at Trent Bridge ensured the first test between England and India was drawn, despite some remarkable individual performances.The teams have only three days off to prepare for the second test at Lord’s on Thursday.To end its first streak in 21 years of nine straight tests without a win, England has recalled left-arm spinner Simon Kerrigan, less than a year after a nightmare debut in the Ashes at The Oval. England has played three tests this summer without a specialist spinner and drawn two and lost one to Sri Lanka. Kerrigan says, if he’s picked, the Ashes experience will weigh on him, but he’s a better player for it.Lord’s is normally a seamers’ track, and India has won only once there (1986) in 16 tests, but both sides were also expecting an England-friendly pitch at Nottingham.Here are five things to know ahead of the second test:ANOTHER SLOW PITCH: Trent Bridge groundsman Steve Birks apologized before the first test for preparing a flat pitch, but that was partly to help Nottingham recoup expenses by trying to ensure the test lasted five days. Lord’s counterpart Mick Hunt had some big-shot visitors on Tuesday, including England captain Alastair Cook, coach Peter Moores, managing director Paul Downton and board pitch consultant Chris Wood. None made a public statement about the conditions, but England batsmen Sam Robson and Gary Ballance were hoping for, more than expecting, a lively track.advertisementEngland seamers James Anderson and Stuart Broad bowled 113 overs at Trent Bridge, and won’t be excited if Lord’s is also placid. Anderson and Cook warned the fast bowlers won’t be able to endure all five tests of the series if they aren’t given pitches with more seam and bounce. “We need to have a contingency plan,” Cook says. “We just need a pitch with a bit of life in it. Lord’s looked green two days before the start, but its condition on Thursday morning will be what counts. It looked the same two days before the first Sri Lanka test in June.”COOK STILL SEARCHING FOR RUNS: Cook’s batting performances have been as lifeless as the Trent Bridge track. He was out for 5 in the first test, and spared from batting again by India batting out the fifth day to confirm a draw. That pressure hasn’t decreased, as his average this year has dropped to less than 14, with a top score of 28. In that department, he was showed up by the tailenders. Last-man Anderson hit his highest test score of 81, and India’s No. 9 Bhuvneshwar Kumar rattled off two half centuries. Meanwhile, his captaincy decisions were better, but each side was always going to struggle to bowl out the other twice.PRESSURE STILL ON DHONI: Mahendra Singh Dhoni did not have the best of tests as India captain at Trent Bridge. He ran himself out on 82 in the first innings and ran out of ideas during Joe Root’s and Anderson’s record 10th-wicket partnership of 198. His bowlers continually bowled short to Anderson, despite the pitch keeping the ball low. His fielding setup often allowed Root a single to retain the strike. Both of those errors allowed England back into the game and took the impetus away from India, a mistake he won’t want to repeat at Lord’s.BROAD AND ANDERSON KEY: Broad and Anderson bowled almost 60 overs each at Trent Bridge. Their importance to Cook and England cannot be understated, and the state of the pitch will determine how badly the England captain needs to use them. The effect of pitches that neutralize them, and a test series crammed within 42 days, means Cook is under an extra burden to manage his strike force. Broad is also managing a knee injury that ruled him out of the one-day internationals against Sri Lanka.KOHLI OFF FORM: Virat Kohli was identified as India’s dangerman ahead of the first test. The 25-year-old averages 44 from 25 tests but could manage only nine runs across two innings on a surface made for batting at Trent Bridge. Broad dismissed him both times, and Kohli will be wary of that developing into a trend.last_img read more


first_imgOn the teams middle-order, he said,”If we look at our On the teams middle-order, he said,”If we look at our middle order batting, we have potential batters in Marlon Samuels, Dinesh Ramdin, Dwayne Bravo, Andre Russell. Bravo is one of the most experienced guys in the team when it comes to playing Indian conditions. They (England) have Moeen Ali and (Adil) Rashid but we know Wankhede is a seamer friendly track, games played in IPL it tells you that.” He also exuded confidence that Andre Russell, who missed three dope tests, thereby violating statutory Anti-Doping whereabouts clause, will be available for the entire tournament. “I am very much confident Russell will get to play the entire competition. We have always had setbacks and we thrived on all things and took that as motivation and went out and have performed well. The way we play, when we played, no other team could match it. “We as a team have supported Russell and we are confident he will take part in the whole tournament and make an impact like he has done in the past,” Sammy concluded. PTI NRB KHS AHlast_img read more

Royal Caribbean Sails toward Another Record Year

first_imgzoom Miami-based cruise line operator Royal Caribbean Cruises witnessed a 60 percent surge in its quarterly net income, which stood at USD 369.5 million in the second quarter, up from USD 229.9 million in the corresponding quarter of 2016.The company’s operating income also surged by 48 percent in the quarter, reaching USD 419.6 million compared to USD 282.2 million reported in the same three-month period in 2016.Gross yields were up 10.2% on a constant-currency basis. Net yields on a constant-currency basis increased 11.5%, exceeding prior guidance due to strong close-in demand driving higher pricing and occupancy.The cruise company’s net income for the first six months of 2017 reached USD 584.2 million, up from USD 329 million reported in the same period a year earlier. The operating income for the period stood at USD 699.2 million, up from USD 445.4 million seen in the first half of 2016.“Our brands are executing beautifully, keeping the business in an exceptionally strong position,” Richard D. Fain, chairman and CEO, said.“Strong close-in demand for cruise bolstered the quarter, and we see further uplift for the balance of the year, positioning us well for the Double-Double and beyond,” Fain added.Additionally, the company updated its full year adjusted EPS guidance to a range of USD 7.35 to USD 7.45, a USD 0.30 increase at the midpoint versus previous guidance.Royal Caribbean Cruises said that its booked position for the remainder of 2017 continues to set new records. Looking further ahead, the company’s booked position for the next twelve months is also strong, up on both rate and volume, versus the same time last year.Net yields for the year on a constant-currency basis are expected to increase 5.5% to 6%, up relative to prior guidance due to the better results in the second quarter as well as stronger trends for the balance of the year.“Demand has remained strong, and we have captured the related revenue opportunity,” Jason T. Liberty, executive vice president and CFO, said.“These demand trends and continued cost discipline have resulted in the highest second quarter earnings in company history and have put us in position for another record year and achieving our Double-Double targets,” Liberty added.last_img read more