Home sales, prices rose in January as inventory hit new low

first_imgHousing inventory fell to yet another historic low in January with a mere 1.04 million units on the market, down 1.9 percent from December and down nearly 26 percent from a year earlier.At last month’s rate, the unsold inventory would be bought in 1.9 months. Seventy percent of homes sold last month were on the market for less than a month.Joel Kan, head of industry forecasting at the Mortgage Bankers Association, said the limited supply was pushing up prices. The median price across all housing types was $303,900 in January, up 14 percent from $266,300 in January 2020.The average purchase loan size recorded in MBA’s weekly survey of the mortgage market has been reaching historic highs for weeks. Last week, the average loan size was $412,200.Kan noted that the rate of new building permits, an indicator of new residential construction, made significant gains last month, despite the rate of housing starts declining.“[That] hopefully bodes well for more choices for buyers and slower price growth in the spring,” he said in a statement.Contact Erin Hudson Housing MarketResidential Real Estate Housing inventory fell to a historic low last month. (iStock, Andrew Wyeth via MOMA / Photo Illustration by The Real Deal) Sales of existing homes continued to surge in January.The pace of sales increased 0.7 percent from December to an annual rate of 6.69 million, according to the National Association of Realtors’ monthly report. January’s rate was up nearly 24 percent year-over-year.NAR’s chief economist, Lawrence Yun, said the pace would have been even higher if not for the lack of housing available for purchase.“Sales easily could have been even 20 percent higher if there had been more inventory and more choices,” he said in a statement.Read moreAmericans bought 5.6M homes last year — the most since the bubblePending homes sales dip for fourth straight month, but still break recordHousing starts fall for first time since August Tags Message* Email Address* Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Share via Shortlink Full Name*last_img read more

CHANNEL 44 NEWS: Body Cam Footage Released of Officer-Involved Traffic Stop

first_imgBody Cam Footage Released of Officer-Involved Traffic StopOCTOBER 7TH, 2017  TYRONE MORRIS EVANSVILLE, INDIANAEvansville Police say body camera video proves one of its officers did not act improperly during a traffic stop. It stems from an incident in August that involved former city councilwoman Stephanie Brinkerhoff-Riley.In a Facebook post, she accused the officer of encouraging her to use her connections as an attorney to have a traffic ticket thrown out.EPD says while the officer said he knew who Brinkerhoff-Riley was, he said he still had to give her the ticket for running a stop sign because the intersection was known for a lot of traffic violations.The department says the body camera footage proves the officer did nothing wrong. 44News spoke to Brinkerhoff-Riley by phone this afternoon.She says she stands by her claim exactly as she described:OFFICER: On a normal day of the week, I wouldn’t give you a ticket cause I know who you are however, we’re really hitting this intersection cause it’s been bad latelySTEPHANIE: Yeah, I live…I live right on the other sideOFFICER: It’s just for disregarding the stop sign I don’t think it’s pointable…STEPHANIE: Is it deferrable?OFFICER: Probably, you don’t have any convictions so if you just go talk to the judge about it, I’m sure you know plenty of them.To view the body cam footage released by EPD, click here.FacebookTwitterCopy LinkEmailSharelast_img read more

Press release: PM meeting with Sinn Féin leaders: 15 October 2018

first_img This afternoon, the Prime Minister Theresa May met Sinn Féin to discuss the recent progress in the final stage of negotiations with European Union. In particular, the Prime Minister reaffirmed her commitment to there being no hard border between Northern Ireland and Ireland and no border in the Irish Sea. They discussed the need to restore the Northern Ireland Executive, the PM reconfirmed the UK Government’s commitment to its role in this process and that the Secretary of State for NI will be introducing legislation to ensure public services in NI will continue to be delivered. A Downing Street spokesperson said: The Prime Minister gave an update on the progress that has been made over the last few days with the EU and discussed the unresolved issues relating to the backstop.last_img read more

Reids shells out £1m on production

first_imgReids of Caithness has made a £1m investment in a new production site, with plans to more than double staff numbers.The third-generation business, located in the Scottish Highlands, is set to move part of its ever-expanding production into a unit at Ormlie Industrial Estate in Thurso at the end of September.The company currently hires 40 members of staff at its Riverside Place headquarters, and it is set to employ a further 80 personnel at the new location. It will also be investing in new equipment to ensure the factory runs efficiently.Gary Reid, co-owner of Reids of Caithness, told British Baker: “In order for the snail to grow bigger, it has to shed its shell. We needed to look at an alternative location and found this site last year. We were so impressed with the premises, we could already see it being a bakery.“It has the capacity for 120 people and it already has good segregation for aspects such as a raw meat line facility. With new equipment and lines coming into the business, we’re looking to produce more efficiently and maximise on the space that we have got.”In addition, Reids of Caithness has started the production of its first line of freshly made pizza products at its existing premises. Using a stone-decked oven as part of a unit on the side of the existing bakery, the firm has created an Italian-inspired range freshly made and baked. It will be initially sold in Reids of Caithness’ retail units.The business is continuing to reach overseas markets, most recently designing a new tin biscuit product for China, in shortbread and sweet biscuit varieties. It is due to be launched in August this year. “Exports have taken off for us and we are doing well in China,” said Reid. “We’ve had lots of interest for many places, as we are close to doing a deal with Portugal, and the Japanese market is looking promising.”last_img read more

French coffee house opens in Birmingham

first_imgA French-inspired coffee house has opened at The Cube, in Birmingham.La Madeleine is on the seventh level of the complex and offers baguettes and artisan coffee, a range of traditional French pastries and loaves, as well as a lunch menu including fresh salads.Owner restaurant entrepreneur Mike Nayla said: “Madeleine is a continuation of my investment into Birmingham, which is home to some of the most celebrated culinary names in the country and it is really exciting to be able to play a part in its delicious diversity.“I am thrilled to have been given the opportunity to take on a second unit in The Cube and am looking forward to driving the success of this new venture.”Madeleine is now open for breakfast from 7am with lunch from 11.30am. Future plans include afternoon tea and, with the venue being fully licensed, there are additional plans to serve a small selection of alcoholic beverages.last_img read more

Brioche Pasquier turns its desserts into petits fours

first_imgBrioche Pasquier has turned some of its popular dessert recipes into petits fours, so that diners can enjoy a bite-size taste of all their favourites.The new Petits Fours Envies Sucrées (which translates as sweet desires) collection consists of nine varieties of “intricate French sweet heaven”, according to the company. It said: “Perfectly crafted, baked, filled and finished by Brioche Pasquier’s master pâtissiers, every little petit four is beautiful in its own right and, served as a collection, makes a stunning display of expert pâtisserie.”It suggested the miniature treats would be ideal for special occasions where nostalgic recipes go down well, such as weddings, birthday celebrations and Mother’s Day, for example.Old favourites such as Chocolate Tartelette, Lemon Tartelette, Coffee Éclair, Chocolate Éclair and Apple & Blackcurrant Squares are joined by a lime green Pistachio Rectangle and a Raspberry Financier.Brioche Pasquier said in a statement: “These delicious individual bites fit the trend for mini-desserts perfectly, or are ideal as part of an afternoon tea offering.“They can be presented as beautiful sweet sharing platters for everyone to dip into at the end of a meal or as a café gourmand, a coffee with a couple of petits fours on the side.”The Petits Fours Envies Sucrées come frozen in packs of 53 and have an 18-month shelf life.last_img read more

Designing in the human context

first_imgThat particular Monday morning began with a deceptively simple direction: “Focus on one person, and stay in a straight line with them, while remaining within the bounds of the circle.”A frenzy of movement and laughter ensued, and each iteration of this team-building activity ended in a comical confrontation between two people — just as likely roommates as a professor-student pair. More than just an icebreaker, though, the scene was a primer in human dynamics: a first lesson in engineering design.For a week in January, 40 students from a variety of backgrounds — comparative literature to computer science — engaged in a “design thinking” workshop led by IDEO, an internationally renowned design consulting firm. Throughout, the human element was key — How do people actually use a product? — as was a certain amount of ad-libbed fun.By midweek, the second-floor conference room of Maxwell Dworkin looked as though it had been hit by a tornado. Sticky notes covered the walls and dry erase boards, scattered with phrases, concepts, and ideas: “Huge!,” “Turtle backpack,” “Imagination pod,” “Mentor program,” “Kung fu video,” and more. Glue guns, markers, and poster board littered the floor; spaghetti and tape spilled into the adjacent lounge.The course, “jDesign,” was among many programs available to students during Optional Winter Activities Week, the jam-packed conclusion to Winter Break at the Harvard School of Engineering and Applied Sciences (SEAS).“Design is about making decisions, often in the face of uncertainty.”“JDesign” was spearheaded by Gu-Yeon Wei, Gordon McKay Professor of Electrical Engineering and associate dean for academic programs at SEAS, with support from Joseph Zinter, a former design preceptor at SEAS (now at Yale University).“Design is about making decisions, often in the face of uncertainty,” Zinter said. “It’s like running a race where the course keeps splitting. Each fork is a decision.”“The good designer adheres to a process — a set of tools and techniques that guides them in the decision-making process,” Zinter said. “JDesign is about teaching those tools and techniques.”Students were assigned to seven groups and asked to create and present a “starter kit” for a person with some goal. One group decided to make a toolbox for a high school graduate transitioning to college; another designed items that the homeless of Harvard Square could use to stay warm during harsh winters. Throughout the design process, each team was urged to consider human factors; one team devised a lovable stuffed turtle to help an overwhelmed sophomore select a concentration at Harvard.Intertwined with formal presentations by IDEO on topics such as human-centered design and visual thinking were brainstorming sessions, role-playing games, construction projects, and man-on-the-street interviews.Siyabulela Xuza ’12, a South African student who participated in the course, noted the impact that the workshops had on him as an aspiring engineer.“Academically, it’s given me a paradigm shift,” he said. “I’ve been given tools to know how to approach problems by considering human factors — putting humans at the center, and also really asking myself questions about the day-to-day things that we do.”“I came in here thinking that I knew how to design on the world, imposing solutions,” Xuza added, “but learning about humans throughout the design process taught me how to design in the world.”Emi Nietfeld ’15, a freshman with an artistic background, particularly enjoyed the opportunity to program using Arduino, a hardware-software combination designed for people at all skill levels.“It was awesome to see that there’s this whole world out there just meant to empower people to build stuff,” she said. “I really like that we had ideas and made them right away.”The workshop was led by David Goligorsky and other IDEO employees and facilitated by graduate students from SEAS and the Harvard Graduate School of Design (GSD). The faculty and facilitators integrated seamlessly into the design teams, learning just as much from their energetic teammates as they contributed in expertise.Wei hopes that the inaugural workshop will continue to inspire “channeled innovation” in the students who participated.“I was really impressed by the creativity and the energy,” he said. “Everyone evolved throughout the week from what they thought they were going to work on, on day one, to what they actually ended up working on and presenting on day five. I’m hoping we can all take what we learned throughout this week and apply it to what we do, whether it be research, whether it be courses, [or] continuing on to design new projects.”The workshop pushed beyond the traditional perception of engineering as a math-centric, technical domain, emphasizing that effective engineering design is informed by (and resides within) the context of the humanities and social sciences.Said Nietfeld: “There’s the product side of things, and there’s the story side of things, and we did both [during jDesign], but the story was so important. You could’ve had a loaf of bread, and if you told the right story about it, everybody would be like, ‘Oh my God, that’s so cool — it’s a loaf of bread!’”“For an engineering program, jDesign was pretty progressive,” said Zinter. “SEAS is pushing hard against the conventional engineering paradigm, and that’s pretty rad.”Besides Wei, Zinter, and Goligorsky, major contributors to the course were Brad Crane (GSD/IDEO), Jawn Lim (GSD), Faye Hayes (GSD), Nathan King (GSD), Avi Uttamchandani (design preceptor at SEAS), Conor Walsh (assistant professor of mechanical and biomedical engineering at SEAS), and Beth Altringer (visiting lecturer on innovation and behavior at SEAS).The course was supported by the Harvard President’s January Innovation Fund for Faculty. <a href=”https://www.youtube.com/watch?v=S2D0KSARstA” rel=”nofollow” target=”_blank”> <img src=”https://img.youtube.com/vi/S2D0KSARstA/0.jpg” alt=”0″ title=”How To Choose The Correct Channel Type For Your Video Content ” /> </a>last_img read more

Know Your Service Plan Levels Across Your Enterprise

first_imgManaging enterprise IT environments can be complicated.  And let’s face it, most of our customers are managing hundreds, even thousands, of complex systems.  At Dell EMC, our goal is to deliver uncompromised support backed by automated, proactive and predictive technology for those complex systems. You may have heard about the recent unification of our services portfolio under the ProSupport Enterprise Suite. This exciting step forward in Dell EMC’s services transformation means that enterprise customers now have more options when choosing the right level of ProSupport for their new product purchases.  We know that as your data center makeup changes and grows, so can that complexity. And understanding the level of support you have for each individual product in your data center is key to your success.  That’s why Dell EMC, in alignment with our ProSupport Enterprise unification, is taking the guesswork out of your support experience and making your product service plan levels more visible throughout MyService360TM and Online Support (support.emc.com).Where can you learn your product’s service plan level you might ask?  In three key areas:Install Base Overview Section within MyService360 – Visit the grid view within this section to review your service plan levels for your entire Install Base in one aggregated view for your enterprise. Contract Inventory List within MyService360 – Review your service plan levels within the context of your service plan levels as you plan and prioritize renewals. Support by Product ID Page – As you view details for individual products in Online Support (support.emc.com), click on the contract status to review your service plan level for that specific product.  Detailed descriptions of ProSupport Enterprise options can be accessed from the ‘Actions’ menu. Please know that your current and renewed service plan levels on legacy EMC products will continue as Basic, Enhanced or Premium.  As you purchase new Dell EMC products, you will be able to identify your ProSupport product coverage.To learn more about the ProSupport Enterprise Suite unification, read the Direct2DellEMC blog: Our Services Journey and Our promise. Review the Dell EMC Product Warranty and Maintenance Table for a detailed understanding of the support options we offer by product family.Lauren ContiDell EMCProduct Marketing ManagerFollow us @DellEMCSupportlast_img read more

Long Island Man’s Alleged al Qaeda Recruiters Charged

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Federal prosecutors Tuesday unsealed a five-year-old criminal complaint accusing two Yemeni nationals of fighting for al Qaeda and helping Long Island-native Bryant Neal Vinas join the terrorist group in 2008.Saddiq Al-Abbadi, also known as Sufiyan al-Yemeni, and Ali Alivi, who also goes by the name Issa al-Yemeni, were both charged with conspiracy to murder United States nationals abroad and providing material support to al Qaeda. The federal complaint has been sealed since April 15, 2009.“There’s no escape from the reach of our law for violent terrorists, especially if they target our military,” Loretta Lynch, U.S. Attorney for the Eastern District of New York, said in a statement.The pair was arrested in Saudi Arabia and brought to the US for trial, but the details of their apprehension and extradition were not available. Alvi appeared in federal court in Brooklyn on Sunday. Al-Abbadi’s first appearance is scheduled for Tuesday.Al-Abbadi and Alivi were both members of al Qaeda when they fought U.S. military forces stationed in Afghanistan, according to the court documents. In March 2008, the men traveled to the tribal areas of Pakistan, where they hoped to train and fight with al Qaeda, according to the federal complaint. It was during that time that they met Vinas and helped him join al Qaeda, court documents state.Credit: Federal Detention LetterVinas, who was raised Roman Catholic in Patchogue, was arrested by Pakistani police in 2008 and brought back to the United States. He has since pleaded guilty to helping the group plan an attack on the Long Island Rail Road. Vinas is one of four Long Islanders federal authorities have linked to al Qaeda: two were arrested before traveling abroad, and another, Samir Khan, was never indicted but he was killed in a drone strike in Yemen.It has been widely reported that Vinas, who still has yet to be sentenced, has been cooperating with authorities since 2008. The federal complaint is largely built on testimony from an unnamed cooperating witness who traveled to Pakistan in 2007 intending to join al Qaeda but was initially rebuffed by the organization. But Vinas is named in a federal detention letter associated with the case.In December 2007, the unnamed witness was taken to an al-Qaeda safe house in South Waziristan and vetted for admission, according to court documents. Alvi was also in attendance. An al-Qaeda leader suspected that the witness was a spy and refused his request to join the group.In March 2008, the federal government’s witness was staying at the same house with both Alvi and Al-Abbadi and learned that they were both members of al Qaeda, according to court documents. Al-Abbadi allegedly boasted about his time on the battlefield to the witness, displaying a scar and playing a video that showed him celebrating along with other fighters after a “successful attack,” the documents state.The two men and the witness apparently bonded. With the pair’s help, the witness had gained entry into al Qaeda, according to court documents. Vinas is the only American named in court documents who joined al Qaeda.During this time, Al-Abbadi and Alvi traveled from Pakistan to Afghanistan to conduct attacks against US military personnel, according to the complaint. Al-Abbadi is accused of leading a battle against US forces in Paktya Province in May 2008. A U.S. Army Ranger was killed and several others were wounded in the battle.Alvi eventually grew dissatisfied with al Qaeda senior leadership and left to join the Taliban. The facts of their arrest are still unclear.last_img read more

EPA finds E coli , coliform in airplane water tests

first_img EPA announcement [News release] Flights in Virginia, Georgia, Texa, and California were tested in August and September. Repeat tests on 11 aircraft indicated eight planes still didn’t meet EPA’s water-quality standards. Sep 27, 2004 (CIDRAP News) – More than 12% of passenger aircraft contained Escherichia coli or coliform bacteria in a recent round of testing, the Environmental Protection Agency (EPA) found. The Air Transport Association (ATA) said that about 90% of member aircraft could be traveling internationally and loading water from sources not subject to EPA standards. Drinking water aboard 158 randomly selected passenger planes was tested. While 87.4% of the planes met EPA drinking-water quality standards, 12.6% did not. Initial testing showed 20 planes had positive results for total coliform bacteria; two of them also tested positive for E coli. Both of those contaminants are indicators that the water could contain other disease-causing organisms. See alsocenter_img EPA had begun a review of rules and guidelines in 2002 but is speeding up the process in light of the aircraft test results, the agency announced. The agency is placing specific emphasis on preventive measures, adequate monitoring, and sound maintenance practices such as flushing and disinfection of aircraft water systems. EPA and ATA are collaborating to reach agreement on how airlines will bring drinking water up to acceptable standards, a news release said, but added that if they cannot agree, EPA will exercise its enforcement authorities. Passengers with compromised immune systems may want to request canned or bottled beverages, EPA suggested in a Sep 20 news release. EPA answers to frequently asked questions about airline water safety [FAQ]last_img read more