Leveling the Playing Field for SFR Investors and Homebuyers

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Investment, News Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Data Provider Black Knight to Acquire Top of Mind 2 days ago September 3, 2019 1,153 Views Homebuying Investment Rental SFR 2019-09-03 Seth Welborn The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Previous: President Donald Trump Meets With FEMA Next: Real Estate Company Ranked Among Fastest Growing Demand Propels Home Prices Upward 2 days ago Tagged with: Homebuying Investment Rental SFR Share Save Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Daily Dose / Leveling the Playing Field for SFR Investors and Homebuyers Leveling the Playing Field for SFR Investors and Homebuyers Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Single-family rental investment is gaining in popularity, but with the surge comes some risks, according to a report from the Urban Institute. The New York Times reports that investors purchased one-fifth of all single-family starter homes on the market, double the number they bought 20 years ago. Additionally, according to the 2017 American Community Survey, investors own and rent out about 18.2 million one-unit homes, including detached homes, townhomes, and duplexes, providing housing for about 42% of the nation’s 43 million renter households.In response to this large increase, Urban Institute has three points to consider: Are investors taking homeownership opportunities away from individuals and families?Are investors creating and maintaining quality affordable rental units?Are investors increasing home prices?Investors are more likely than individual buyers to buy in cash, giving them leverage in a home purchase over a traditional buyer. Additionally, bigger investors also have technological and managerial advantages that allow them to determine a house’s value so they can act quickly. According to GlobeSt.com, the demand for SFR is projected to outpace multifamily, office, retail, self-storage and hospitality growth in the next three years.“The stark difference in growth in the past decade between the number of renters and that of homeowners is quite astonishing, with the overall renter population increasing by more than 23 million versus less than 700,000 for owners,” said Kevin Maggiacomo, CEO and president of SVN International Corp on GlobeSt. “When the National Apartment Association reports that well over 4.5 million units are needed across all price points by 2030 just to satisfy current rental demand, you get a real sense of both the challenge and chance in the residential market right now.”There are some policies the Urban Institute notes to keep SFR investors and homebuyers on a level playing field and improve the market overall. This includes nonprofit to provide assistance to traditional buyers or pushing investors to broaden access to single-family homes near good schools and safe neighborhoods.  Print This Post About Author: Seth Welborn Subscribelast_img read more

USA: SM-6 Attains Initial Operation Capability

first_img Share this article The SM-6 tactical missile has reached initial operation capability, the US Navy announced on Wednesday, with SM-6s successfully loaded onboard USS Kidd (DDG 100) in San Diego, Calif.The SM-6 is designed to provide naval vessels with extended range protection against cruise missiles, unmanned aerial vehicles and fixed and rotary wing aircraft. “We’re very pleased to achieve [initial operational capability] on schedule,” said Capt. Mike Ladner, the major program manager of Surface Ship Weapons, whose portfolio includes SM-6. “The SM-6, with its ability to extend the battle space, truly improves shipboard air defense capability. I’m very proud of the entire Standard Missile team on this historic achievement.”SM-6 has entered full rate production and the program has already delivered 50 missiles ahead of schedule and under budget. Follow-on test and evaluation will continue in 2013 and 2014 to validate the integrated fire control capability in an operationally realistic environment.[mappress]Press Release, November 29, 2013 Equipment & technology November 29, 2013center_img Back to overview,Home naval-today USA: SM-6 Attains Initial Operation Capability USA: SM-6 Attains Initial Operation Capabilitylast_img read more

Dear Evan Hansen’s Rachel Bay Jones & Jennifer Laura Thompson on Motherhood On Stage and Off

first_imgRachel Bay Jones & Jennifer Laura Thompson photographed at Night Times Square (Photo: Emilio Madrid-Kuser) View Comments Related Shows from $89.00 Dear Evan Hansen Family life is messy in the new hit musical Dear Evan Hansen, and that’s exactly the way Rachel Bay Jones and Jennifer Laura Thompson like it. After years of solid work in Broadway musicals, Jones (Hair, Pippin) and Thompson (Urinetown, Wicked) portray mothers on opposite sides of a tragedy compounded by a lie. After kicking off Evan Hansen with Benj Pasek and Justin Paul’s witty ode to parenthood, “Anybody Have a Map?” their characters embark on an emotional journey that’s both heartbreaking and hopeful. The warm personal bond Jones and Thompson have developed over the course of the show’s three-year road to Broadway is obvious as they chat about motherhood—real and fictional.Q: Are you getting a lot of hugs at the stage door? After what your characters go through in this musical, you deserve them.JENNIFER: We do get a lot of hugs.RACHEL: And the audience needs a hug. Everybody wants a hug, especially after our show.Q: Given how emotional Dear Evan Hansen is, have the two of you formed a special bond? RACHEL: We’re soul mates.JENNIFER: We’re sisters who found each other later in life. Through all the changes in the show and the growth, we’ve been there to lift each other up through our losses and frustrations and glorious triumphs. It’s been a really, really great gift.RACHEL: And she makes me laugh so hard!Q: Are you surprised that this show was written by three guys under the age of 35?RACHEL: I never stop talking about this! And directed by a dude [Michael Greif]. And here we are with this beautiful feminist exploration of motherhood.JENNIFER: I remember the day you sang your beautiful song for the first time, “So Big/So Small,” and all of us were in awe of the depth and the beauty and the reality. I said, “Benj and Justin, how could you do this?” And you said, “How do you know how to reach into the soul of a middle-aged mother and just put it out there?”Q: What touches you most about these two moms?RACHEL: I think Heidi is so perfectly flawed. We all have these deep flaws that we’re ashamed of, that we don’t want to show the world, and it’s been an incredible gift to exploit these things that are shared by so many mothers, things we tend to hide from in ourselves. To be able to be forgiven of these flaws is a healing process for me every night.JENNIFER: What I love about Cynthia is her drive, her relentless want to save her son and keep her family together. She never, ever gave up, and I think that her propensity to go a step further than anyone is [true] of every mother. That’s what we do. I’m a mom. My kid is my everything.RACHEL: She is that kind of mom.JENNIFER: Parenting is so difficult. From the moment you become pregnant, the worry never stops. I’m not saying it’s not rewarding because absolutely it has to be; otherwise, none of us would be here. But it’s a burden and a great gift to be a mom.RACHEL: I’m a mom as well, and from the moment they’re born, it’s this constant process of them moving away from you, this achingly beautiful process of letting them go. And this [theme] exists inside of this story in different ways for these two mothers. Q: Have your kids seen the show? [Jennifer has a 13-year-old son, Tommy; Rachel has a 13-year-old daughter, Miranda.]JENNIFER: Mine has not.RACHEL: My daughter has seen it many times.JENNIFER: I don’t think I want him to watch me grieve the way I have to in this show. I don’t think it would have a positive impact on him, so I’m going to wait until someone else is doing it and I can bring him back and say, “That’s what I did.”RACHEL: Cynthia is more of a tragic character in my mind; it’s a deeper kind of loss. There’s a lot of redemption for Heidi, a lifting out of that place that doesn’t get to happen as much for Cynthia. It’s a big deal for them to see what we have to go through on stage, and I can see why you wouldn’t want Tommy to come.Q: Are either of your kids interested in acting?JENNIFER: My son shows absolutely no interest. He’s coding computers. He’s going to be a Nobel Prize winner.RACHEL: He’s too smart to be an actor! She is interested in a lot of different things, and I’ve got my fingers crossed that it will take her somewhere else. I dropped out of high school to become an actor. I moved to New York. I was not wise about my decisions. My hope for her is that she’ll be a little more thoughtful.Q: The Evan Hansen cast seems like such a close ensemble, beginning with Rachel’s bond with Ben Platt as Evan. RACHEL: He is a beautiful, beautiful man. Everything that’s inside of him is completely accessible. And the experience that we have together on stage—there’s an open flow of communication that doesn’t have any walls. There’s a deep connection with all of us, and a support system because this material is difficult and challenging. We all make each other laugh constantly.JENNIFER: I was getting my makeup done for a shoot, and Laura Dreyfuss casually walked by and said, “It takes a village.” That’s my [stage] daughter!Q: You two obviously appreciate how special this experience is. JENNIFER: I feel so lucky to be here because I have all the wisdom and experience in my life to draw from to portray Cynthia the way I can now. This story needs to be told because it has a message that is so important to so many generations.RACHEL: I think people are ready to see women of our age portrayed in a way that they can relate to. It’s not just the sidelined mom character who’s perfect, or not relatable at all, seen only through the distorted eyes of an angry teenager. There are so many beautiful shades of gray, so much humanity, in the way that these two women are written. There are endless wells to draw from.last_img read more

IMCA Modified adjustment has Taylor looking forward to first Super Nationals

first_imgThe upcoming IMCA Speedway Motors Super Nationals fueled by Casey’s will be the second racing vaca­tion this season for Wade and Lisa Taylor and their children Easton and Blakely. (Photo by Melissa Coker, Melissa’s Out On A Limb Photography)SPRING CREEK, Nev. – Their second racing vacation of the season will take the Taylor family of Spring Creek, Nev., to the IMCA Speedway Motors Super Nationals fueled by Casey’s.IMCA Modified driver Wade Taylor will race at Boone Speedway for the first time. His wife Lisa is a licensed competitor in the same division but makes the upcoming trip in the dual role of crew member and mom to son Easton, not quite three, and daughter Blakely, eight months old.“We went to Oregon for the Wild West Shootout and the first couple nights it seemed like it was a case of being in the wrong place at the wrong time but we finally got the win at Willamette,” said Taylor, a chiropractor by profession. “We had hired a new associate so it was the first time in 14 years that my office stayed open while I was racing.”“We like the idea of a racing vacation and Lisa brought up the idea of going to Super Nationals,” he continued. “It’s something I’ve always wanted to do.”Taylor enjoyed some success on a racing vacation last year, winning two of his eight Ironman Challenge Series starts before getting caught up in a multi-car accident and breaking his foot.“That was actually a blessing in disguise because it got me into a Harris,” he explained. “My dad, who lives in Raleigh, N.C., visited over the holidays and encouraged me to think bigger. I con­tacted 18 builders and liked what I heard from Kyle Brown of Harris Auto Racing when I heard back from him.”The first Nevada driver to win a Wild West Shootout feature, Taylor has 20-plus starts so far this season, most of them at special or special series events.“This car drives 100 percent differently than my old one. It took me half a season to get my mus­cle memory changed. My reflexes were telling me to hit the gas when the car really didn’t want it,” he said. “I have such a new respect for any driver who can get in a different chassis and win be­cause there is such a difference in handling. I did not appreciate that until I got a new car. My lap times are faster at every track I’ve been to and it showed me there is more than one way to go fast.”After a single outing and win in an asphalt sprint car, Taylor has spent his entire career in an IMCA Modi­fied.His dad Terry ‘The Wild Man’ Taylor also raced Modifieds, while grandfather Joe Taylor and great un­cle L.B. Taylor, raced in the 1950s in the IMCA Sprint Car class.“I won my first Modified start at Elko and was hooked,” Taylor said. “And now 12 years later we are really looking forward to being part of Super Nationals.”Along with his wife, Taylor gets crew help from father-in-law Mark Coker and Dylan Newman.His sponsors are Taylor Chiropractic, AP Crane, Elko Tool & Fastener, NAPA Auto Parts, Nevada I.T. and Jody Hensley, Coldwell Banker Realty, all of Elko; Melissa’s Out On A Limb Photography of Spring Creek; Condon Motorsports and AC Designs, both of Santa Maria, Calif.; and Harris Auto Racing of Boone, Iowa.last_img read more