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

Together we are excited: Hardik Pandya, Natasa Stankovic expecting first child

first_imgNEW DELHI: India all-rounder Hardik Pandya on Sunday announced that he and his fiance, Serbian actress Natasha Stankovic, are expecting their first child.Hardik made this announcement on popular social media platform Instagram, along with their pictures, which went viral instantly. Hardik’s Instagram post read: “Natasa and I had a great journey together and it is just about to get better. Together we are excited to welcome a new life into our lives very soon. We’re thrilled for this new phase of our life and seek your blessings and wishes.” Earlier this year, Hardik had announced his engagement to Natasa via social media as well. On January 1, Hardik had himself shared an image of him proposing to Natasa on social media and had captioned it: “Mai tera, Tu meri jaane, saara Hindustan. 01.01.2020 #engaged.” The news of the India all-rounder Hardik’s engagement to Natasa came as a huge surprise not just to his fans, but also to many members of the Indian team. IANSlast_img read more

President Trump to suspend immigration

first_imgPresident Trump has announced plans to sign an Executive Order which would temporarily suspend travel to the United States :“In light of the attack from the Invisible Enemy, as well as the need to protect the jobs of our GREAT American Citizens, I will be signing an Executive Order to temporarily suspend immigration into the United States!,” Trump said in a tweet Monday night.While not many details have been released about the plan all together, two senior White house officials told reporters that the order is currently in the process of being drafted and will banned virtually all travel to the US to prevent the spread of the coronavirus from foreigners.The US currently has the highest number of infections with over 775,000 cases and 42,000 virus related deaths. The next highest country is 200,000 cases and 21,000 deaths.Broad restrictions on travel are already in place for pandemic hot spots from Europe and China, however, it is unclear which other countries will be added to the ban. It is also unclear how long the order will remain in affect.last_img read more

UPDATE: Leafs 2-0 on Okanagan road trip

first_imgNelson Leafs exploded for four goals in the third period to dump the Kelowna Chiefs 5-1 Satuday in Kootenay International Junior Hockey League action in the Central Okanagan City.Travis Wellman, Carsen Willans, Tyler Garcia and Alec Wilkerson scored for Nelson in a period the Leafs out shot the Chiefs 15-5.Cole Arcuri and Kyle Hazelwood exchanged first period goals.Tyler Moffat made 19 saves to register his ninth win of the season.The Leafs wrap up the three-game road swing Sunday afternoon in Summerland against the Steam.Former Leaf Matthew Naka was in the lineup for the Chiefs. Naka, traded to Kelowna last week, registered no points in the game.Wellman scores twice to power Leaf past North Okanagan 5-1 Travis Wellman scored twice to pace the Nelson Leafs to a 5-1 win over North Okanagan Knights in Kootenay International Junior Hockey League action Friday night in Armstrong.Nelson scored three times in the second period to erase a 1-0 deficit en route to the win.Brandon Sookro, Bryce Nielsen and Darnel St. Pierre added singles at Nelson pushed its season record to 11-0-1-1.Wellan, increasing his goal scoring lead to 21, finished the game with three points.St. Pierre, Jamie Vlanich and Alex Wilkerson each had two points.Mat Lambert scored the lone goal for the Knights, which led 1-0 after the first periodd.Nelson, leading the Murdoch Division by six points over Beaver Valley, out shot North Okanagan 37-31 making a winner out of goalie Tyler Moffat.Nelson travels to Kelowna to take on the Chief Saturday.The Leafs conclude the three-game swing through the Okanagan with a game Sunday in Summerland.last_img read more

Extensive search operation launched in Twin Towns overnight

first_imgAn extensive search operation was launched yesterday (Sat) by the Gardaí in the Twin Towns, it has emerged. The Rescue 118 helicopter and Gardaí were dispatched on Saturday night, with other agencies also involved.It is not understood at this time the nature of the operation in Ballybofey/Stranorlar area. We will bring you more as we get it.Extensive search operation launched in Twin Towns overnight was last modified: September 8th, 2019 by Staff WriterShare 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)last_img read more

How To Be Intimate in Commercial Relationships

first_imgBe the person who nurtures relationships over time, playing the long game where others play for right now.Give value without any intention of capturing value now.Go first, be vulnerable, and share your story. This makes it safe for others to open up about themselves, knowing that you are open.Be digital where and when it makes sense, but be a real life human being in a face-to-face meeting or over the telephone faster than anyone else.Communicate with greater frequency, and plan those communications so that they are always valuable to the recipient.Have a presence by entering someone else’s world to prove that you care, and so you can gain a deeper understanding.Do something unexpected, something that isn’t required, and something with no intention of reciprocity. Do something just because.Remember the small details that others miss, and know that the little things are big things.Keep your commitments, large or small, and do so with great haste.Uncover issues, challenges, and problems outside of what you, your company, or your solutions solves, and make a difference.Do everything with greater consistency and commitment.Send thank you cards. Not emails.Listen. Listen. Listen. Listen. Listen.Care about someone else’s outcomes more than anyone else would dare.Value the relationship more than you value any single transaction.last_img read more

SIXTY SECONDS IN TOUCH

first_imgWelcome to the first edition of Sixty Seconds in Touch for August, with International news taking up some of this week’s talk, there’s also plenty of news on merchandise sales and what’s happening with the National 18 Years Championships, plus heaps more… * The 2005 South Pacific Island Nations (SPIN) tournament has been dominated by Fiji who grabbed the title in all divisions on offer. For all the info and reports check out the following website: SPIN TOURNAMENT WEBSITE * The stocktake sale is getting bigger with the latest offer perfect for junior or social teams chasing a cheap uniform. Check out the following article for the deal DEAL ON UNIFORMS FOR TEAMS which includes various t-shirts at $5 each and 2 free shirts for each team you purchase for. * For all the other great stocktake sale deals visit www.myclubtouch.com.au and then click on shop. You can either register online and purchase or email your orders and credit card or payment details to Casey at [email protected] * The NSW Touch Association 2005 City versus Country Tournament will be contested at Harker Oval New Lambton (Newcastle) on the 2nd (Friday) & 3rd (Saturday) of September. For more info check out www.nswtouch.com.au * The Northern Eagles are doing big things for the development of their region, with representative Touch being revitalised through several inter-affiliate competitions at Narrabri, Ballina and Port Macquarie. For more info check out NORTHERN EAGLES WEBSITE The Northern Eagles website is one of the most frequently updated websites and always has the latest news and events in Touch for their region and Australia. Congratulations to the Northern Eagles workforce who keep their players so well informed. * If you’re interested in the Game Development area of our sport, there are currently two vacancies for Game Development Officers in Victoria. Please check out www.victouch.com.au for all of the application details. * Australian Touch Association is now Touch Football Australia (as it is slowly making its way into our vocabulary.) Please be patient with us when we answer the phone, it’s hard to break habits and answer the phone with the new name when you’re so used to answering a certain way. * ACT Touch have announced their junior representative teams, check out www.acttouch.com.au and congratulations to all selected, good luck at your upcoming events. * Preparations are well underway for the upcoming National 18 Years Championships. The draft draw is not far off being released and I’m working in a short Opening Ceremony for all of the teams, which will also be combined with a send-off for the 10 Australian sides heading to the All Nations tournament in October. * In other National 18’s news the referees nominations have also been above and beyond normal expectations, in excess of 60 nominations already it looks as though the referees are going to be at their strongest come competition time. * Sides have been selected and announced on various websites, with the defending champions QSST set to be strong again, although traditional rivals NSWCHS will also be tough to beat. My tip however is that there are several danger sides to keep your eyes out for…in the Mens Competition it’s the Southern Suns and Northern Eagles, with many players returning from their grand final appearance at the NTL Mens 20’s division. The South Queensland Sharks also look like they will be strong in both divisions and the ACT Women have been on the improve over the last few years at Under 18 level. There’s certainly going to be some extremely tough competition at this year’s National 18’s Championships. * Having taken over merchandise from Gwynne for this year’s National 18’s Championships, I’m promising you that there will be some great deals on offer. We’ve got stacks of old shirts and other gear that will be sold at extremely cheap sale rates. There will also be plenty of new gear up for grabs, so make sure you drop in and visit the merchandise shop this year. (Although if the stocktake sale keeps going the way it is, there won’t be too much left.) If you’re interested in the stocktake sale check out www.myclubtouch.com.au and then click on `Shop’ to view all the bargains. * What’s happening in Coaching in Western Australia? Check out http://www.touchwest.com./coaches/index.html where you’ll find all the latest info, including the need for Mens and Womens Open coaches in Fremantle Touch. * The next edition of Touch-e-Talk (August edition, Issue 5) has been released this week. Check out the website. It’s got some more great stories on a couple of our All Nations representatives, as well as coaching drills, referee signal of the month, the Volunteers of the Month for August and a profile on one of our National Technical Panel. * Remember, if you need any assistance with getting some media coverage for your National 18 Years side or your All Nations representatives then contact [email protected] Also, if you have any items of interest for the regular Sixty Seconds in Touch article, please also send those to the above address. * Finally, keep the nominations for Volunteer of the Month rolling in. It’s a great chance to recognise someone who Volunteers at your local association. Simply send a few details on what they do and a way we can contact them to [email protected] or [email protected] By Rachel Moylelast_img

Bank of Canada expected to hold benchmark interest rate as economic clouds

first_imgOTTAWA — The Bank of Canada is widely expected to leave its benchmark interest rate unchanged at 1.75 per cent today after a 25-basis-point increase at its last setting in October.This morning’s announcement comes in the wake of a move by the Alberta government to curtail oil production in the province after Jan. 1 to try to clear a crude storage glut that has driven western Canadian oil prices to multi-year lows.Meanwhile, the recently announced plan to close the General Motors of Canada car plant in Oshawa, Ont., similarly offers a downside risk to future growth.Bank economists say an unexpected dip in monthly gross domestic product figures in September and lower-than-expected oil prices so far in the fourth quarter have dampened growth expectations and placed in doubt forecasts for a January bank rate increase.Lower growth prospects are expected to reinforce Bank of Canada Governor Stephen Poloz’s strategy of moving very gradually on increases to its overnight rate.Economists say they will be closely watching Poloz’s speech on Thursday for signs of how events are affecting his view of the path forward. The Canadian Presslast_img read more