Immigration’s Affect on the Housing Market

first_imgHome / Daily Dose / Immigration’s Affect on the Housing Market  Print This Post Share Save About Author: Brianna Gilpin Subscribe May 19, 2017 1,534 Views Demand Propels Home Prices Upward 2 days ago Every year, the United State’s real estate market is becoming more culturally diverse. According to Alex Nowrasteh, immigration policy analyst from the Center for Global Liberty and Prosperity, stemming from immigration, the interest from foreigners alone will strengthen home sales activity and price. The National Association of Realtor’s (NAR) Danielle Hale, managing Director of housing research, was joined by Nowrasteh at the 2017 Realtors Legislative Meetings and Trade Expo to discuss the current and future impact foreign buyers have on the U.S. Housing Market.According to Nowrasteh and the 2015 American Community Survey, of the roughly 321.4 million residents in the U.S., 278.1 million are native, and the remaining 43.3 million, made up of 20.7 million naturalized citizens and 22.6 million non-citizens, are foreign-born.“Immigration affects rents and home prices far more than it affects the labor market,” said Nowrasteh. “An expected 1 percent increase in a city’s population produces a 1 percent uptick in rents, while an unexpected increase results in a 3.75 percent rise.”In regards to studies conducted on immigration and housing, Nowrasteh explained most of the impact would be where immigrants tend to reside: low-to-middle income counties.Referencing NAR’s 2016 Profile of International Activity in the U.S. residential real estate, Hale said foreigners view the U.S. as a great place to buy and invest in real estate.“A majority of foreign buyers in recent years are coming from China, which surpassed Canada as the top country by dollar volume of sales in 2013 and total sales 2015,” said Hale. “Foreign buyers on average purchase more expensive homes than U.S. residents and are more likely to pay in cash.”Hale foreshadowed where future sales activity from immigrants will take place explaining that roughly half of all foreign buyers purchased in Florida, California, Texas, Arizona, or New York. Immigration’s Affect on the Housing Market Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Related Articles Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Previous: Study: Tax Reform Will Increase Homeownership Burden Next: High Down Payments Alter Young Homebuyer Priorities Alex Nowrasteh center for global liberty and prosperity Danielle Hale Immigration National Association of Realtors 2017-05-19 Brianna Gilpin The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Alex Nowrasteh center for global liberty and prosperity Danielle Hale Immigration National Association of Realtors Brianna Gilpin, Online Editor for MReport and DS News, is a graduate of Texas A&M University where she received her B.A. in Telecommunication Media Studies. Gilpin previously worked at Hearst Media, one of the nation’s leading diversified media and information services companies. To contact Gilpin, email [email protected] Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, Market Studies, Newslast_img read more

Waters Asks How Financial Industry Is Softening Shutdown Impact

first_img Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Waters Asks How Financial Industry Is Softening Shutdown Impact “President Trump’s shutdown of the federal government is inflicting tremendous harm to millions of Americans,” wrote Maxine Waters, Chairwoman of the House Committee on Financial Services, in her letter to heads of financial services industry trade associations and credit reporting agencies. Demanding a prompt written response from them by no later than January 25, 2019, she asked for specifics on what accommodations institutions and member companies are offering to affected consumers. The letter brought to notice the joint press release issued on January 11, 2019, by five financial regulatory agencies and state regulators, urging institutions to adopt prudent workout arrangements with consumers who may be affected by the ongoing federal government shutdown. The release was issued in response to Waters’ correspondence with the agencies to formulate a statement similar to the one issued during the shutdown in 2013. As the shutdown entered its 28th day on Friday, Waters pointed out that it is being “needlessly prolonged by President Trump.” Under these circumstances, she urged the institutions to take decisions as outlined in the interagency statement, to help any consumer–whether they are a federal employee, federal contractor, or others–who may be affected by the shutdown. Emphasizing the adverse effects of the shutdown, she indicated that consumers are not able to make timely payments on debts such as mortgages, student loans, car loans, business loans, or credit cards. This will also lead to affected employees likely to see a reduction in their credit scores, she noted. “I share the agencies’ view that any affected individual should contact their lenders immediately in the event they are experiencing financial difficulty. However, I believe it would be helpful for your institutions and member companies to engage in proactive outreach to, and provide flexible workout arrangements for, your customers who may be finding it difficult to pay their bills in full and on-time due to the shutdown,” the letter reads. She also encouraged institutions to consider the appropriateness and fairness of reporting adverse information about their customers to consumer reporting agencies. Waters stated that it is in no one’s interest “to punish those who may be enduring financial stress through no fault of their own.”“I appreciate that some of your institutions and member companies have already been announcing accommodations for affected consumers, but it is important that there be a robust effort by all institutions to do what they can to help,” Waters wrote. Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: An Eye on Real Estate Closings Next: Mayopoulos Outlines Next Steps in Daily Dose, Featured, Government, News Demand Propels Home Prices Upward 2 days ago About Author: Donna Joseph Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles January 21, 2019 1,462 Views center_img Financial Institutions Maxine Waters President Trump Shutdown 2019-01-21 Donna Joseph Donna Joseph is a Dallas-based writer who covers technology, HR best practices, and a mix of lifestyle topics. She is a seasoned PR professional with an extensive background in content creation and corporate communications. Joseph holds a B.A. in Sociology and M.A. in Mass Communication, both from the University of Bangalore, India. She is currently working on two books, both dealing with women-centric issues prevalent in oppressive as well as progressive societies. She can be reached at [email protected] Waters Asks How Financial Industry Is Softening Shutdown Impact  Print This Post The Week Ahead: Nearing the Forbearance Exit 2 days ago Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago Share Save The Best Markets For Residential Property Investors 2 days ago Tagged with: Financial Institutions Maxine Waters President Trump Shutdown The Best Markets For Residential Property Investors 2 days ago Subscribelast_img read more

Exclusive Preview: Brian Montgomery to Discuss COVID-19, CWCOT

first_img Servicers Navigate the Post-Pandemic World 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] Tagged with: Brian Montgomery COVID-19 cwcot podcast Home / Daily Dose / Exclusive Preview: Brian Montgomery to Discuss COVID-19, CWCOT Subscribe Share 1Save About Author: David Wharton Related Articles Servicers Navigate the Post-Pandemic World 2 days ago April 21, 2020 1,662 Views Sign up for DS News Daily The Week Ahead: Nearing the Forbearance Exit 2 days ago  Print This Post Demand Propels Home Prices Upward 2 days agocenter_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Hon. Brian MontgomeryThis Thursday, April 23, DS News will present an exclusive podcast conversation between The Hon. Brian D. Montgomery, Assistant Secretary for Housing–Federal Housing Commissioner, United States Department of Housing and Urban Development, and Ed Delgado, President and CEO of Five Star Global.Commissioner Montgomery and Delgado will discuss updates related to the COVID-19 National Emergency Standalone Partial Claim, default rates and support for borrowers, Claims Without Conveyance of Title (CWCOT) updates, and HUD and FHA’s priorities in the short- and long-term as the mortgage industry recovers responds to the national health crisis.The discussion will be available as an exclusive podcast interview this Thursday. Check back here, or watch your DS Daily Dose for the link.The conversation will also touch on how the priorities at HUD and the FHA have shifted in the midst of this health crisis, and the Commissioner will also be giving updates on recent important changes to the CWCOT program.FHA’s CWCOT program pays insurance benefits to a mortgagee after the sale of a property to a third-party after the foreclosure of the FHA-insured mortgage or through a second-chance sale. There is no conveyance of the property to HUD with CWCOT in exchange for payment of mortgage-insurance benefits. The program also expedites the disposition of foreclosed properties and reduces the amount of time a property sits vacant. in Daily Dose, Featured, Government, Journal, News Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Brian Montgomery COVID-19 cwcot podcast 2020-04-21 David Wharton The Best Markets For Residential Property Investors 2 days ago Previous: Exclusive: Brian Montgomery Talks COVID-19 Next: Investment Update: Single-Family Rents on Upward Trend Exclusive Preview: Brian Montgomery to Discuss COVID-19, CWCOT The Best Markets For Residential Property Investors 2 days agolast_img read more

Jason Black’s K2 climb delayed as equipment is lost in avalanche

first_img Twitter Facebook Google+ Homepage BannerNews Three factors driving Donegal housing market – Robinson GAA decision not sitting well with Donegal – Mick McGrath Pinterest Google+ Facebook NPHET ‘positive’ on easing restrictions – Donnelly RELATED ARTICLESMORE FROM AUTHOR Pinterestcenter_img Twitter Jason Black’s K2 climb delayed as equipment is lost in avalanche Previous articleProposal to change name of Londonderry to Derry branded sectarianNext articleTwo men arrested after €2 million worth of cannabis seized in Ballyshannon News Highland Jason Black’s attempt to climb K2 has been set back by an avalanche.While no members of the Donegal mountaineers team were injured, much of the team’s equipment has been lost.The team has now stepped down from its summit push to re-evaluate the situation.Jason Black spoke to Highland Radio News from the mountain via satellite phone:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2015/07/K2July24.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. WhatsApp WhatsApp Nine Til Noon Show – Listen back to Wednesday’s Programme Calls for maternity restrictions to be lifted at LUH By News Highland – July 24, 2015 Guidelines for reopening of hospitality sector publishedlast_img read more

ESB warns GAA fans not to put flags on its poles

first_img By admin – September 16, 2014 Facebook Google+ Facebook Google+ NPHET ‘positive’ on easing restrictions – Donnelly Twitter RELATED ARTICLESMORE FROM AUTHOR Pinterest Homepage BannerNews Nine Til Noon Show – Listen back to Wednesday’s Programme WhatsAppcenter_img Calls for maternity restrictions to be lifted at LUH Previous articleThirteen shootings in Derry, Strabane and Limavady areas this year so farNext articleMcNulty and McCarron to return for cup replay admin The ESB is urging Donegal fans not to attach flags or bunting to their poles as it presents a real danger of electric shock.The company is asking those who have already done so to contact the ESB so they can be safely removed.Arthur Burns of the ESB says that flags or bunting does not have to come into direct contact with wires to conduct electricity.He says there is a risk of a 10 thousand volt shock:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2014/09/esb530.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Pinterest WhatsApp Three factors driving Donegal housing market – Robinson Twitter GAA decision not sitting well with Donegal – Mick McGrath ESB warns GAA fans not to put flags on its poles Guidelines for reopening of hospitality sector publishedlast_img read more

PSNI renew appeal over Derry Halloween attack

first_imgNewsx Adverts Pinterest Facebook WhatsApp Almost 10,000 appointments cancelled in Saolta Hospital Group this week Calls for maternity restrictions to be lifted at LUH PSNI renew appeal over Derry Halloween attack Twitter Detectives in Derry are renewing an appeal for information following reports of a serious sexual assault in the city earlier this month.Shortly before 1am on Tuesday the 1st of November, it was reported that a teenage girl was sexually assaulted by an unknown male in the area of Edenmore Street and Northland Road.The male is described as being dressed in black and wearing a scream mask with blood over the face.Halloween celebrations were taking place in Derry on this night and Police would wish to speak with anyone who was wearing a scream costume on the night in question so they can be eliminated from their enquiries.Anyone with any information is asked to contact the PSNI Rape Crime Unit on or, if someone would prefer to provide information without giving their details, they can contact the independent charity Crimestoppers and speak to them anonymously. By News Highland – November 16, 2011 Previous articleDonegal man sent to prison for raping ex-partnerNext articlePCC Principal says there is no asbestos risk at school News Highland Three factors driving Donegal housing market – Robinson center_img Pinterest RELATED ARTICLESMORE FROM AUTHOR WhatsApp NPHET ‘positive’ on easing restrictions – Donnelly Google+ Guidelines for reopening of hospitality sector published Facebook Google+ Twitter LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton last_img read more

Donegal festival funding is “totally inadequate” – Cope

first_img RELATED ARTICLESMORE FROM AUTHOR 365 additional cases of Covid-19 in Republic Pinterest Dail to vote later on extending emergency Covid powers Google+ Twitter PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal WhatsApp A Donegal Deputy has accused the Government of a lack of support for rural communities, following the allocation of funding for festivals within Donegal.It was announced that almost €50,000 in funding would be made availabe for 20 festivals within the county.Deputy Pat the Cope Gallagher has expressed his particular dissatisfaction at the allocation of €3,000 to the Mary of Dungloe festival as it prepares to mark its 50th anniversary.He says the funding for the county is totally inadequate…………Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2017/04/copefestivals1.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Facebook By News Highland – April 27, 2017 Donegal festival funding is “totally inadequate” – Copecenter_img Twitter Facebook Homepage BannerNews Pinterest Previous articleDerry City and Strabane District Council announces funding plans for sports and community facilitiesNext articleMissing Tyrone teenager found in Dublin News Highland Man arrested in Derry on suspicion of drugs and criminal property offences released WhatsApp HSE warns of ‘widespread cancellations’ of appointments next week Man arrested on suspicion of drugs and criminal property offences in Derry Google+last_img read more

Can’t Pay Won’t Pay campaign far from over – Deputy Pringle

first_imgNews WhatsApp A spokesperson for the Can’t Pay Won’t Pay in Donegal says their campaign is far from over, despite an announcement this week that the property tax will be deducted from peoples salary, pension or social welfare payments.And Chairman of the Revenue Commissioners Josephine Feehily said earlier this week an 8 per cent interest rate will apply to those who do not pay.But she did say that the range of opportunities for people to pay the property tax is “very significant”.Donegal South-West Deputy, Thomas Pringle, who is a spokeperson for the Cant Pay Wont Pay campaign in Donegal says a boycott alone will not work….[podcast]http://www.highlandradio.com/wp-content/uploads/2013/02/tp.mp3[/podcast] Facebook Twitter Main Evening News, Sport and Obituaries Tuesday May 25th Pinterest Can’t Pay Won’t Pay campaign far from over – Deputy Pringle Previous articleCarl McHugh gets some extra ‘coach in’ ahead of league cup finalNext articleStrabane man Ryan Dolan to represent Ireland in Eurovision News Highland Pinterest Gardai continue to investigate Kilmacrennan fire Facebookcenter_img Google+ By News Highland – February 23, 2013 Man arrested on suspicion of drugs and criminal property offences in Derry Google+ WhatsApp Further drop in people receiving PUP in Donegal 365 additional cases of Covid-19 in Republic Twitter 75 positive cases of Covid confirmed in North RELATED ARTICLESMORE FROM AUTHORlast_img read more

Five people arrested in seperate incidents in Bridgend and Moville

first_imgNews By News Highland – January 20, 2013 365 additional cases of Covid-19 in Republic Facebook Twitter Previous articleBoxing – Back To Winning Ways For McLaughlin In WSBNext article20-year-old man to appear in court charged in connection with Kilmacrennan burglary News Highland Pinterest Google+ Twitter Facebook Three juveniles have been arrested after they attempted to steal a quantity of copper wire from an Eircom yard in Bridgend early this morning.A Garda Patrol car was rammed as the three tried to make their getaway, and two members of the Gardai have been treated for minor injuries.Two of the young men are being held at Buncrana Garda Station and are due to appear before Letterkenny District Court in the morning.The third man is receiving medical treatment at Letterkenny General Hospital.His condition is not thought to be life-threatening….Also in the county, two people have been arrested in Moville after being discovered in an unoccupied house in the town.The two, a man in his 30s and a woman in her 20s were taken to Buncrana Garda Station and will appear before Letterkenny District Court tomorrow. WhatsAppcenter_img WhatsApp Gardai continue to investigate Kilmacrennan fire Further drop in people receiving PUP in Donegal RELATED ARTICLESMORE FROM AUTHOR Man arrested on suspicion of drugs and criminal property offences in Derry Google+ Pinterest Five people arrested in seperate incidents in Bridgend and Moville 75 positive cases of Covid confirmed in North Main Evening News, Sport and Obituaries Tuesday May 25th last_img read more

Department refuses to meet “Lost at Sea” compensation recommendation

first_img Man arrested on suspicion of drugs and criminal property offences in Derry Google+ WhatsApp News Gardai continue to investigate Kilmacrennan fire Google+ Pinterest The Department of Agriculture, Fisheries and Food says it will not pay compensation of almost quarter of a million euro to a South Donegal family, as recommended by Ombudsman Emily O’Reilly, as it fears doing so would leave the government exposed to major financial liability.The report relates Lost at Sea scheme was introduced in 2001 to compensate fishermen who had lost their trawlers and could not afford to return to fishing.When the Lost at Sea scheme was introduced, the Department of Communications, Marine and Natural Resources wrote to some fishermen who had lost boats at sea, inviting them to apply to the scheme, but it’s been claimed that was done on a very selective basis in a way that favoured constituents of then minister Frank Fahey. Despite the sinking of the Skifjord in 1981 with the loss of Francis Byrne, his son and three other crewmen, the Byrne family was not informed of the scheme. Previous articleGAA – Brian Roper RetiresNext articleNB – Donegal County Council Emergency Numbers News Highland WhatsApp Further drop in people receiving PUP in Donegal By News Highland – December 28, 2009 center_img Department refuses to meet “Lost at Sea” compensation recommendation 75 positive cases of Covid confirmed in North Facebook Twitter 365 additional cases of Covid-19 in Republic Twitter Facebook Main Evening News, Sport and Obituaries Tuesday May 25th Pinterest RELATED ARTICLESMORE FROM AUTHORlast_img read more