Rising Prices and Mortgage Rates Stall Home Sales

first_img Previous: Baker Donelson Law Firm Hires New Attorney Next: February Gains Point to Seller Optimism Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Daily Dose / Rising Prices and Mortgage Rates Stall Home Sales Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago March 14, 2014 712 Views Tagged with: Home Prices Home Sales Real-Time Price Tracker Redfin Home Prices Home Sales Real-Time Price Tracker Redfin 2014-03-14 Krista Franks Brock The Best Markets For Residential Property Investors 2 days ago Krista Franks Brock is a professional writer and editor who has covered the mortgage banking and default servicing sectors since 2011. Previously, she served as managing editor of DS News and Southern Distinction, a regional lifestyle publication. Her work has appeared in a variety of print and online publications, including Consumers Digest, Dallas Style and Design, DS News and DSNews.com, MReport and theMReport.com. She holds degrees in journalism and art from the University of Georgia. Home sales declined for the fourth consecutive month with sharp drops in West Coast markets, according to the latest Real-Time Price Tracker from Redfin, a national real estate brokerage. The brokerage reported a 10.3 percent decline in sales across the country year-over-year in February.Only three of 19 markets tracked reported increases in sales over the year—Long Island (3.3 percent), Baltimore (1.9 percent), and Austin (1.9 percent).”The combination of steep price appreciation and rising mortgage rates is likely coming as a shock to many prospective buyers,” Redfin stated in its survey.With the spring selling season about to get underway, the company says March and April should offer insight into buyers’ willingness and ability to adapt to higher prices and mortgage rates—as well as sellers’ ability to price appropriately, a skill some are having to relearn to stay competitive.”This time last year, sellers could name their price and still get 20 to 30 offers,” said Los Angeles-based Redfin agent Eric Tan. “This year, even homes that are priced competitively are only seeing two or three offers come in, often at or below list price.”Home prices rose 13 percent over the year in February, with steep gains in the West Coast markets such as Las Vegas (25 percent); Sacramento (22.2 percent); and Riverside, California (21.7 percent).East Coast markets demonstrated much tamer price gains, according to Redfin. For example, prices were up 2 percent in Long Island, 4.7 percent in Washington D.C., and 6.6 percent in Boston.Housing inventory across Redfin’s 19 markets declined 5.6 percent over the year in February. However, in West Coast markets, where prices rose most, inventory also rose, according to Redfin.Several markets posted double-digit inventory gains over the year in February, including Phoenix (38.5 percent); Sacramento (23.9 percent); Riverside, California (22.8 percent); Ventura, California (22.1 percent); San Diego (18.6 percent); and Los Angeles (17.8 percent).Las Vegas, on the other hand, experienced a 35.3 percent decline in inventory. Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, Headlines, Market Studies, News Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Rising Prices and Mortgage Rates Stall Home Sales  Print This Post About Author: Krista Franks Brock Subscribelast_img read more

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Men, united, can help stop abuse

first_img28 November 2007As South Africans are being called on to help stop violence against women and children in the country, two local organisations are striving to nurture a stronger and wiser generation of South African men.This year’s 16 Days of Activism for No Violence against Women and Children Campaign was launched on Sunday, with several men’s marches taking place in cities throughout the country.The campaign challenges South African men to declare a truce on violence against women and children – and, ultimately, to make it a permanent one.Daniel Leshike and Dumisani Rebombo are already doing this. They are among a number of men who are leading men in the fight against gender violence on a daily basis.Men as PartnersAt the age of 15, Rebombo raped a girl along with a friend. “I did it as an act of masculinity,” admits the man who is now 46 years old. He married at a young age and went on to use religion to maintain superiority over his wife.“I insisted that she had to listen to everything I said because that was what God wanted,” he says.Rebombo is now completely reformed, a change which he attributes to education. As the EngenderHealth Men as Partners South African programme manager, he has worked with thousands of men from around the country over the past seven years.Addressing Parliament this month, Deputy President Phumzile Mlambo-Ngcuka called on South African men to “take ownership” of the issue of violence perpetrated against women.The only way there can be a change in the behaviour of men in the country, Mlambo-Ngcuka said, is to increase their level of understanding of the issues around abuse against women and children.This is exactly what Rebombo does as he counsels men and facilitates workshops where men, young and old, are encouraged to change abusive social patterns to help reduce the abuse, rape and murder of women and children in their communities.“I started volunteering when I worked for Rand Water, and after leaving the company I decided to get more involved,” says Rebombo.Helping men to adaptDaniel Leshike (29), co-ordinator of the Agisanang Domestic Abuse Prevention and Training (Adapt) men’s programme, dedicated his social work career to empowering men in Alexandra, a township in Johannesburg, after training as a counsellor following his university years.Adapt facilitates a forum with a membership of around 26 men, aged from 16 upwards, who host a number of discussion groups in the community aimed at raising awareness of issues surrounding abuse, gender stereotypes and equality.“Our main objectives are to include men as part of the solution to gender-based violence and to empower men to take control of their lives,” says Leshike.Adapt trains forum members in trauma counselling and gender sensitivity and runs several parallel programmes with a youth division in order to promote good fathering in the Alexandra community.In a novel bid to break the silence surrounding abuse, Adapt has a formed a relationship with the Alexandra Liquor Traders Association, and forum members visit taverns regularly, creating impromptu discussions with patrons on topics related to gender violence.“Some men tell us that it is their culture to be in control or abuse a woman because ‘a woman is a woman’,” says Leshike. “But we tell them that in African culture a woman is a flower.”Good men – who remain silentWith over 7 000 men seeking assistance from his organisation annually, Rebombo believes his work is contributing to the eradication of gender violence in the country.He says there are many good men out there – “I believe, and research says so” – but that most of these men remain silent when abuse takes place.Leshike agrees, saying that there are men who would make good role models but they need to stand up and be heard in order to make a difference in the country.Both men agree that many challenges exist in South Africa regarding the education of men in the eradication of gender-based violence. Among these challenges are a lack of sufficient funding, the abundance of stereotypes, and misinterpretation of religion and culture.Most challenging of all in the battle being fought by counsellors such as these, however, is the reluctance of men to work with men – a battle that still needs to be won.Source: BuaNewslast_img read more

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