Investor Update: Single-Family Rent Price Growth Stabilizes

first_img Share Save  Print This Post Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Investment, Journal, Market Studies, News Home / Daily Dose / Investor Update: Single-Family Rent Price Growth Stabilizes The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago Related Articles About Author: David Wharton Investor Update: Single-Family Rent Price Growth Stabilizes Governmental Measures Target Expanded Access to Affordable Housing 2 days ago David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] Governmental Measures Target Expanded Access to Affordable Housing 2 days ago September 16, 2020 1,404 Views CoreLogic Single-Family Rent Index Single-Family Rental Index 2020-09-16 David Wharton Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Tagged with: CoreLogic Single-Family Rent Index Single-Family Rental Index The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago CoreLogic’s Single-Family Rent Index, “which analyzes single-family rent price changes nationally and across more than 80 metropolitan areas,” reported this week that U.S. single-family rent growth stabilized for the first time since the beginning of the pandemic.CoreLogic’s July 2020 data showed a national year-over-year rent increase measuring 1.7%, That’s down from July 2019’s 2.9% YOY increase, and it represents the first stabilization in rent price growth since COVID-19 began impacting the nation earlier this year.According to CoreLogic’s Index, “In February, the coronavirus (COVID-19) pandemic set off a chain reaction in the rental market. Unemployment rates skyrocketed, leaving cash-strapped renters struggling to make ends meet and landlords lowering rates in the hopes of keeping their tenants, and local economies, afloat. Rent increases slowed sharply from an average of 2.9% in the first quarter of 2020 to 1.7% in May and 1.4% in June.”“Increases in single-family rent prices slowed dramatically this spring as the nation began to face the economic impact of the pandemic. As job losses slowed in July, rent growth steadied,” said Molly Boesel, Principal Economist at CoreLogic. “However, increases in rents should remain sluggish until the economy starts to experience employment gains.”At 4.7%—and for the 20th consecutive month—Phoenix, Arizona, experienced the highest year-over-year hike in single-family rents in June. That said, compared to its average growth rate of 6.5% in Q1 2020, rent growth there has begun to decelerate. Phoenix was followed by Tucson, Arizona, which inched up 4.1% in rent price growth in June, followed by Charlotte, North Carolina at 3.4%.Meanwhile, CoreLogic reports that areas that traditionally depend on tourism to help shore up their economy saw annual declines in their rent prices: Honolulu, Los Angeles, Miami, and Boston all saw declines, with Honolulu experiencing the worst drop at -1.3%.CoreLogic studies a quartet of tiers of rental prices for a precise look at prices of single-family rentals. In June, prices took a hit across all tiers, with a sustained widening gulf between the low-end and high-end tiers. In June, the national single-family rent growth across the four tiers, and the year-over-year changes, were as follows:Lower-priced (75% or less than the regional median): 2.5%, down from 3.7% in June 2019Lower-middle priced (75% to 100% of the regional median): 1.5%, down from 3.1% in June 2019Higher-middle priced (100% to 125% of the regional median): 1.4%, down from 6% in June 2019Higher-priced (125% or more than the regional median): 1%, down from 2.5% in June 2019 Previous: Mortgage Connect Earns Place on Financial Services List Next: Industry Webinar Spotlight: Mitigating Risk, CWCOT Changes Sign up for DS News Daily Subscribelast_img read more

Buenos Aires Moves to Lower Taxes on Audiovisual Industry

first_imgBy Dialogo July 15, 2010 Buenos Aires will move forward on a law to promote the development of the audiovisual industry by granting tax benefits to producers who locate in areas of the Argentine capital, city mayor Mauricio Macri announced. The bill to be submitted to the Buenos Aires legislature proposes that five areas of the city be designated as forming an “audiovisual district” in which television, film, advertising, animation, and videogame producers will receive tax exemptions for a ten- to fifteen-year period. Argentina is the fourth-largest global exporter of television content, selling its productions in eighty countries, according to the proposal put forward by Macri. In the capital, Buenos Aires, an average of seven hundred productions are filmed each year, principally advertising spots. Argentina’s audiovisual exports were valued at 419 million dollars in 2008, according to the most recent figures available, and the sector currently employs more than 51,000 people. “The city of Buenos Aires has a chance here to grow a very great deal (…) If we don’t generate and export more content, it’s going to be difficult for us in Argentina to be able to give everyone an opportunity,” Macri said upon introducing the proposal.last_img read more

Damage repair: SU defense prepares to face high-scoring Cincinnati team one week after being shredded by USF playmakers

first_img Published on November 1, 2012 at 1:53 am Contact Michael: [email protected] | @Michael_Cohen13 Facebook Twitter Google+ Marquis Spruill bit on the fake and incorrectly pursued the running back. He stepped to the middle of the field on a zone-read play by South Florida, only to watch quarterback B.J. Daniels keep the ball himself and break free to the outside.By the time Spruill planted his left foot in the ground to change direction back toward the outside, Daniels had already turned the corner and reached full speed on what would become a 53-yard gain.“There were a couple times I had missed an assignment and B.J. broke for like long,” Spruill, the outside linebacker, said with a chuckle, stretching out the word long to convey the negative result of his mistake.And he wasn’t alone. The Syracuse defense had statistically its worst game of the season in last week’s thrilling victory over South Florida, giving up 552 yards of offense — 317 of which Daniels accounted for — before a last-second touchdown pass by Ryan Nassib salvaged a win.Saturday brings an eerily similar challenge as the Orange (4-4, 2-1 Big East) travels to Cincinnati (5-2, 1-1 Big East) with the goal of containing another dual-threat quarterback and inching closer to bowl eligibility. A week of repairs designed to patch last week’s leaks has renewed the defense’s self-confidence as it prepares to face Munchie Legaux and the highest-scoring offense in the league at noon Saturday.AdvertisementThis is placeholder textAs he did last week, John Kinder once again drew the assignment of simulating the opposing quarterback. Kinder, a backup quarterback himself, is a run-first player whose tendencies are akin to those of Daniels and Legaux. It’s a role he played last season as well, doing such an admirable job in his mimicry that linebackers coach Steve Morrison said he was often the team’s most valuable player in practice.And in facing dual-threat quarterbacks in consecutive games, the Orange had the opportunity to dissect its mistakes against Daniels and revise its plans for Legaux.“There’s some carryover, certainly, from this week to last week,” Morrison said. “I’m sure that’s a good thing in our favor. We have to shore up some areas, but we’re certainly looking forward to getting another opportunity.”First and foremost, Syracuse must improve its tackling. Safeties Shamarko Thomas and Durell Eskridge joined Spruill and Morrison in pointing out the poor tackling that allowed the Bulls to rush for 369 yards, which is 133 yards more than SU allowed in any game last season.When asked what letter grade he would give to the Orange’s tackling last week, Spruill said somewhere between a D and a C-.“At the end of the day, you’ve got to stop them and we didn’t,” Eskridge said. “But I feel like going into this Cincinnati game, it will be hard for them to run because of the mistakes we corrected.”Another area of concern for Syracuse was tempo. Eskridge and Morrison both said that the SU defenders struggled with South Florida’s brisk pace last weekend, something they hadn’t faced in several weeks. Eskridge even said there were plays where the defense was not in the proper alignment, and by the time he looked up, the Bulls were running another play.The Cincinnati offense operates at a similar pace, but the SU defenders have noticed several differences between Daniels and Legaux. While Daniels often looks to run whenever the chance presents itself, Spruill said Legaux uses his foot speed as more of a last resort.That was evident in the Bearcats’ 27-24 win over Virginia Tech in September, when Legaux threw for 376 yards and three touchdowns while only rushing for 27.“Against Virginia Tech he had a hell of a game throwing the football, so obviously he is capable of that,” Morrison said. “I think every time in football, you want to try to make a team one-dimensional. I’m not sure if that’s ever fully possible, but first and foremost, we’ve got to try and stop their running game.”Behind Legaux and tailbacks George Winn and Ralph David Abernathy IV, Cincinnati leads the Big East in rushing at 221.4 yards per game, using the same zone-read system that South Florida employs.It’s when the run game is limited that opponents have had success, and Louisville’s come-from-behind victory last week speaks to that. The Cardinals allowed just three rushes longer than 10 yards in the second half.And while stopping the Bearcats is certainly easier said than done, having Daniels shred the Syracuse defense could actually be a blessing in disguise. He probed the wall and found its leaks; all the Orange has to do now is patch it.“We just know we have to get stronger at this point,” Eskridge said. “Around this time last year we slipped, so we know this is where outsiders think we’re going to slip. And that’s why we have to tighten up our screws.” Commentslast_img read more

He makes you feel like you can walk on water sometimes: Maxwell on Ponting’s influence

first_imgAustralia have been a powerhouse in world cricket for as long as the current memory line really goes. However, the year 2018 was full of problems for the Aussies. Since the ball-tampering scandal in March last year that saw two of their best batsmen Steve Smith and David Warner banned for a year, Australia’s struggles began and they went on to lose nine ODIs out of the 11 they played.With the 2019 ICC World Cup in England and Wales just around the corner, Australia would not want to look at their sixth-place spot in the ICC men’s ODI rankings and would instead want to focus their energy on believing they can get through these tough times.Ahead of the World Cup, Cricket Australia have also roped in Ricky Ponting as one of the coaching staff and all-rounder Glenn Maxwell believes that the presence of Ponting in their structure will boost the team’s confidence.Maxwell, who was crowned the men’s International T20 Player of the Year at the Australian Cricket Awards in Melbourne, recalled the moment when Ricky Ponting helped them beat New Zealand and record the highest-ever successful T20I run-chase of 245.After being thrashed by the hosts for 243/6, Ponting stormed into the changing room and instilled believe in each player and told them that not only will they chase down the total smoothly but will do so with an over to spare, and to everyone’s surprise, Ponting’s outrageous prediction came true.”It was matter-of-fact – ‘we’re going to chase these runs down, comfortably – not just reach the target, we’re going to chase these runs down with an over to spare’,” Glenn Maxwell was quoted as saying by cricket.com.au.advertisement”Our players heard that and went ‘all right, no worries’, and then we looked around at D’Arcy Short, David Warner, Chris Lynn, myself and Aaron Finch – we looked at that top five and went ‘there’s not many better top fives in the world, so let’s go out and do this’.”That’s the sort of confidence that he gave us as a team. Not only by the words he said, but through the conviction with which he said them.”The confidence that he gave the group when he walked into the changeroom was undoubted, and just something different.” Glenn Maxwell believes that the presence of Ricky Ponting in their structure will boost the team’s confidence (Reuters Photo)While Australia’s current form does not make them favourites for the World Cup, Maxwell believes that Ponting’s presence will increase Australia’s chances in the tournament.”He makes you feel like you can walk on water sometimes. He’s a good person for the batters to talk different tactics with because he can read someone’s technique really well. And he’s an unbelievable coach in the way that he coaches technique and the basics of the game,” Maxwell said.”He can spend five minutes with you and work out any flaws and strengths that can slightly help, without changing your game too much. He can even change your mindset with just a conversation because of his amazing ability,” the Australia all rounder added.Maxwell, after missing out on a spot in the Australian Test team during the series against India, was recalled in the Test team, a move which coach Justin Langer backed by saying that the right-hand batsman fills in the lower-middle order as Michael Clarke and Michael Hussey used to to.”When Maxi can come in and put the finishing touches on like he does, for me it’s the perfect position,” Langer said.However, with the World Cup in sight, Maxwell wants to move higher up in the ODI team set-up and deliver for the five-time World Cup winners. Australia begin their World Cup campaign against Afghanistan at Bristol on June 1.”It is limited-overs cricket, and we need our best limited-overs players facing the most amount of balls possible for their impact on the game. I suppose the coaches and the selectors have worked out that my best position is to be lower down to have an impact on the game, and that’s fine. It’s up to them,” Maxwell reiterated.”I’ve always harboured thoughts of being higher up in the order, but I probably haven’t made enough of the opportunities I’ve been given in practice games and in other games to be higher up in the order. So whatever role I’m given in this Australian team, I’ll take it and try and do as well as I can,” Maxwell asserted.Also Read | Shane Warne did not call for Ricky Ponting to be banned from IPL 2019. Here’s the truthAlso Read | 2019 ICC World Cup: Australia will be one of the main contenders, says Ricky PontingAlso Read | Ricky Ponting joins Australia’s coaching staff ahead of 2019 ICC World Cupadvertisementlast_img read more