Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Related Articles in Daily Dose, Featured, Market Studies, News Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Down Payment Home Sellers Homebuyers Profits real estate sellers Zillow 2018-06-28 Krista Franks Brock Share Save Comparing Home Seller Profits With Median Down Payments The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Home sellers in 2017 made a median profit of about $39,000 in 2017, according to data Zillow released recently. Having owned their homes for about eight and a half years, their profit return was about 21 percent. With 71 percent of sellers in the market for a new house though, the question remains, how easy is it for them to purchase a new home at today’s prices, even with their newfound returns.Zillow calculated the typical length of time a 2017 seller owned their home before selling and then found the median price gain on sales in major U.S. metros. It then compared this gain to the price of a 20 percent down payment on a median-priced house in April 2018.At a national level, the $39,000 returns sellers reaped in 2017 was not enough to cover a 20 percent down payment on a median-priced home, which comes to about $43,000, the study found. In fact, in 25 of the 33 metros, Zillow covered profits earned in 2017 fell short of a 20 percent down payment in the same market today. In New York, the nearly 15 percent gain translated to $46,000 in earnings. While that is above the level for a 20 percent down payment at the national level, in New York, a 20 percent down payment is significantly higher, about $84,960. In Chicago, sellers faired similarly, gaining $19,900, which is less than half what is needed for a down payment in the metro—about $43,600The outliers, where home sellers did earn enough to cover a down payment in their market, included a handful of high-priced markets in the West. In San Jose, California, homeowners reaped $296,000 in profit after owning their homes for almost nine years. This was more than enough for a $252,780 down payment on a median-priced home in the area. In fact, this profit was higher than the national median home price. In percentage terms, San Jose ranked highest for median percent change in price between home sales with a 53.8 percent increase. San Francisco (45.5 percent); Seattle, Washington (44.7 percent); and Portland Oregon (37.6 percent) also posted high rates of return. As in San Jose, sellers in these markets can afford a down payment on a median-priced home with the profits earned on the sale of their home. The good news for the sellers in those markets where they did not earn enough for that 20 percent down payment is their earnings still often give them an edge over first-time buyers. Today’s sellers “typically are buyers as well, but the profits from the sale of their former home give them an advantage over first-time buyers who may be coming in with smaller down payments,” said Aaron Terrazas, Senior Economist at Zillow. Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 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. About Author: Krista Franks Brock June 28, 2018 1,234 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Print This Post Subscribe Tagged with: Down Payment Home Sellers Homebuyers Profits real estate sellers Zillow Previous: DS News July: How Tech Is Transforming Mortgage Servicing Next: HUD Approves Florida Disaster Plan—What You Need to Know The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / Comparing Home Seller Profits With Median Down Payments Sign up for DS News Daily
The first deep-tow boomer survey on the Antarctic continental margin has revealed relict subglacial deltas on the outer continental shelf off the Antarctic Peninsula. Progradation of subglacial deltas is thought to take place at the grounding lines of ice streams which flow on deforming subglacial till. Acoustic characteristics and estimation of likely sediment transport rates suggest that these features were produced by late-stage readvance of grounding lines during the waning of the last ice sheet that covered the shelf. This readvance could have taken place during the Younger Dryas (12.9–11.6 ka), but changes in sea level and climate may not be the only important controls on subglacial delta formation. The discovery of relict subglacial deltas on the outer shelf is consistent with the hypothesis that the grounded ice sheet in these areas was low profile and fast flowing. If low-profile grounded ice extended to the shelf edge in many places around Antarctica at times of glacial maximum, this could explain the greater glacial maximum ice-sheet extent in interpretations based on offshore data, compared with reconstructions based on onshore data and numerical glaciological models.
10SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr The question about information security that I get most often from credit unions is, “How do I know where my most valuable assets are on my network ?” Valuable assets might be information regarding a credit union’s membership, such as social security numbers, credit card numbers, account numbers, etc.It can be difficult to keep track of where these assets are. As you grow as a credit union and as an organization, you get more and more servers and more systems – and you might not actually track where all that data is going. continue reading »
News4Jax 22 September 2020Family First Comment: “Poison Control takes emergency calls every day and more of them from people — or parents of teens — who have eaten one of the fake candies. Workers there told News4Jax such calls have tripled. On Monday, a woman told News4Jax her daughter was given gummies not knowing they were laced with a drug. The girl ended up in a hospital within hours.” (‘Medicinal’ mariuana edibles are legal in Florida )The Florida Poison Information Center in Jacksonville has a warning for parents: The number of people poisoned by fake marijuana edibles and candies has tripled and experts say there is little you can do to identify the real thing from the imitation.There are legal, legitimate marijuana edibles from licensed dispensaries, then there are fakes sold on the street. Experts say if you don’t know the source, there’s little you can do to tell them apart.Poison Control takes emergency calls every day and more of them from people — or parents of teens — who have eaten one of the fake candies. Workers there told News4Jax such calls have tripled.On Monday, a woman told News4Jax her daughter was given gummies not knowing they were laced with a drug. The girl ended up in a hospital within hours.The doctors told the family it was possibly synthetic THC in the gummy candy. THC a common component in marijuana, but there is also fake or synthetic THC.“You never really know what you’re getting with a gummy or a cookie,” said Anthony DeGelorum, a clinical toxicology fellow at Poison Control.Nurses and doctors at the center get calls about everything from snake bites to alcohol poisoning to edible marijuana poisioning.READ MORE: https://www.news4jax.com/news/local/2020/09/22/calls-about-poisonings-from-fake-marijuana-edibles-candy-triple/Mother says daughter was given drug-laced candy & ended up in hospitalNews4Jax 22 September 2020A mother is speaking out after she says candy laced with a drug put her daughter in the hospital.According to the St. Johns County Sheriff’s Office, investigators discovered that a teenager gave the candy to the 10th grade student. An arrest had not been announced as of Monday.The incident was reported at Bartram Trail High School.Beth Richards said she was in the ambulance as her daughter, Autumn, was rushed to the hospital. She wasn’t sure what was happening to her.Doctors told Richards it was a synthetic THC. THC is a chemical component in marijuana.The Sheriff’s Office said it was reported Thursday and that deputies sent the gummies to be tested at a lab.READ MORE: https://www.news4jax.com/news/local/2020/09/21/mother-says-daughter-was-given-thc-candy-ended-up-in-hospital/
Statewide—Tomorrow marks the 44th annual Great American Smokeout. For more than 40 years, the American Cancer Society has hosted the Great American Smokeout on the third Thursday of November. The Great American Smokeout is an opportunity for people who smoke to commit to healthy, smoke -free lives – not just for a day, but year-round. The Great American Smokeout provides an opportunity for individuals, community groups, businesses, health care providers, and others to encourage people to use the date to make a plan to quit, or plan in advance and initiate a smoking cessation plan on the day of the event. The idea for the Great American Smokeout grew from a 1970 event in Randolph, Massachusetts, at which Arthur P. Mullaney asked people to give up cigarettes for a day and donate the money they would have spent on cigarettes to a high school scholarship fund.Then in 1974, Lynn R. Smith, editor of the Monticello Times in Minnesota, spearheaded the state’s first D-Day, or Don’t Smoke Day. The idea caught on, and on November 18, 1976, the California Division of the American Cancer Society got nearly 1 million people who smoke to quit for the day. That California event marked the first official Smokeout, and the American Cancer Society took it nationwide in 1977. Since then, there have been dramatic changes in the way the public views tobacco advertising and tobacco use. Many public places and work areas are now smoke-free – this protects non-smokers and supports people who smoke who want to quit.The American Cancer Society is available 24 hours a day, 7 days a week to provide support, from questions about quitting smoking to looking for national or local resources to help you quit. To find out more, visit cancer.org/smokeout or call 1-800-227-2345.