Email Previous article‘Campaign of intimidation’ leads to two jailed for five yearsNext articleTractor drove too slow on motorway admin RENTS in Limerick fell by 3.2% to an average of €688 per month, according to a recent survey by property website, Daft.ie.Nationwide they fell by just over half a percent (0.6%), over the course of 2010.The fall compares with a drop of 15% during 2009. The average rent nationwide now stands at €830, 27% below the 2007 peak.Sign up for the weekly Limerick Post newsletter Sign Up Advertisement Twitter WhatsApp Facebook Linkedin In Cork and Galway, rents were largely unchanged over the year. In Waterford and Limerick cities, rents fell by between 3% and 4% over the course of 2010.In Munster, rents fell by an average of 1.9% in the final three months of the year, having fallen by 1.1% between June and September.The average rent in Limerick city in the third quarter of 2010 was €690, a fall of €230 from peak levels in 2007. In the rest of the county, rents are €615 on average, down €185 from the peak.Average rents in the cities, Q4 2010Dublin: €1080, up 0.3% during 2010Cork: €824, down 1.9% during 2010Galway: €804, down 0.3% during 2010Waterford: €645, down 4.1% during 2010 Print NewsLocal NewsRents in Limerick average €688 per monthBy admin – February 9, 2011 550
Tagged with: CoreLogic Demand Home Price Index Home Prices Home Sales Homes HOUSING Housing Markets overvalued Supply August 7, 2018 1,424 Views Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. in Daily Dose, Featured, Market Studies, News Subscribe What’s Keeping Millennial Renters from Owning a Home? Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save Print This Post Demand Propels Home Prices Upward 2 days ago CoreLogic Demand Home Price Index Home Prices Home Sales Homes HOUSING Housing Markets overvalued Supply 2018-08-07 Radhika Ojha About Author: Radhika Ojha Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago 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: Four Direct Ways to Impact Housing Affordability Next: Following Fannie and Freddie Foreclosure Findings The Best Markets For Residential Property Investors 2 days ago Related Articles Home prices continued their upward trajectory in June, taking a toll on affordability and leading to slower sales in some markets, according to the latest CoreLogic Home Price Index (HPI), released Tuesday. This has particularly impacted younger potential homebuyers.Prices rose 0.7 percent over the month in June and were up 6.8 percent from last June, according to the HPI. Home prices rose in all 50 states over the year in June, and double-digit growth was recorded in four states: Nevada (12.6 percent), Washington (12.1 percent), Idaho (11.4 percent), and Utah (10.4 percent). The persistently rising prices over the past few years had CoreLogic’s chief economist Frank Nothaft looking somewhat pessimistically at the housing market.“The rise in home prices and interest rates over the past year have eroded affordability and are beginning to slow existing home sales in some markets,” he said. “Further increases in home prices and mortgage rates over the next year will likely dampen sales and home-price growth,” he added. He pointed out that the struggle is particularly acute for first-time homebuyers. Younger millennial renters under the age of 29 demonstrated a strong affinity for homeownership in a study conducted by CoreLogic in partnership with RTi Research. The under-29 group appears to be more interested in homeownership than older millennials, but they are restricted by down payment costs. Among younger millennials, 63 percent of those who say they are not interested in homeownership cite their inability to afford a home or down payment as the reason for their disinterest. With ever-rising prices, CoreLogic also examined markets to determine which are over- versus undervalued. Among the 100 largest metropolitan areas, 41 percent are overvalued, 24 percent are undervalued, and the remaining 35 percent are “at value,” according to CoreLogic. CoreLogic determines whether a market is over- or undervalued by comparing current home prices to their “long-run, sustainable levels.” Those that are at least 10 percent higher are considered overvalued, while those that are 10 percent lower are considered undervalued. The Nevada metro area housing market experienced a 12.9 percent increase in home prices over the year in June and unsurprisingly, is currently overvalued. However, the San Francisco metro area, where prices rose 11.2 percent over the year in June, is not overvalued. The market is currently “at value,” according to CoreLogic’s assessment. A few other notable overvalued markets are the New York, D.C., Denver, Boston, Los Angeles, Houston, and Miami metros. Looking forward, CoreLogic predicts home prices to grow 5.1 percent between June 2018 and June 2019.Learn more about what a millennial homebuyer is looking for and how lenders and servicers can reach out to this group, at MReport’s Hottest Buyers on the Block: Reaching Millennials webinar presented by Ellie Mae, on August 23. Click below to register for the webinar. Home / Daily Dose / What’s Keeping Millennial Renters from Owning a Home?
Photo: Bill McAlaine On Saturday night, Dead & Company returned to Boulder, CO’s Folsom Field for the second time in as many nights, finishing off the band’s summer tour with a standout showing. With no shows left on the books in 2018, save for a two-night appearance at LOCKN’ in August, the Grateful Dead-inspired six-piece left a lasting impression on the packed arena.While Friday night saw some technical difficulties and a slow start to the show, Dead & Company clearly had worked out the kinks when they took the stage on Saturday evening. In contrast to Friday’s somewhat slower “Iko Iko”, the band came out strong, opening with an energized combination of the beloved traditional duo, “China Cat Sunflower” and “I Know You Rider”.Dead & Company – “China Cat Sunflower” > “I Know You Rider” [Pro-Shot][Video: Dead & Company]With the audience captivated from the start, the group continued this upbeat start to the show, deftly moving into “Shakedown Street”, embracing the song’s disco influence by projecting a giant disco ball on the screen behind them featuring appropriate overlays of the Colorado flag as well as weed leaves and stealies. While the song started out with a slower tempo, the group’s spirited improvisation after the initial verses pushed the song’s speed forward, eventually ending in an extended improvisational section housing a fun vocal jam.While Bob Weir had led the vocals on the first three songs of the night, John Mayer got his first opportunity to step up to the mic and lead during a soulful take on “Brown Eyed Women”. Maintaining the momentum of three upbeat opening numbers, the song kept the audience enthralled and singing along. The song was highlighted by Jeff Chimenti‘s skillful work on the baby grand piano, as he offered up a spirited solo before eventually inviting Mayer to join in the fray. One thing that has become apparent during Dead & Company’s summer tour is the ever-growing chemistry between Mayer and Chimenti—an electric energy that has only grown since the keyboardist switched stage positions with Oteil Burbridge during the group’s penultimate summer tour stop in Albuquerque.Following the show-opening run of uplifting and easy-grooving tunes, the band moved into fan-favorite, a captivating and heartfelt rendition of “Althea”, with Mayer leading the way with his velvet vocals searing guitar riffs. After a pause, the offered up a Cadillac-sized “Cassidy”, getting lost on the country miles with a winding, jazzy jam that steadily built up sonic tension before emphatically arriving at the song’s final refrain. From there, the group dropped immediately into a rendition of “One More Saturday Night”, an appropriate—if not predictable—choice, given the day of the week.While some fans complain about this group’s tendency to savor songs and take them at a slower-than-usual pace, it seems as though Dead & Company has been experimenting with manipulating tempos. Much like “Shakedown Street”, “One More Saturday Night” got a slow start, giving Mayer the space to offer up bluesy guitar licks around Bob Weir’s vocals. However, the song continued to accelerate, amping the crowd up throughout its jam portion, and particularly during Chimenti and Mayer’s exchanging of solos. Clearly feeding off the energy of the audience, Weir hit his high notes and belted out emphatic howls as the song reached its climax and ended set one.Returning for set two, Bob Weir told the crowd, “We just need to get our ducks in a row,” before the band launched into a stellar “Scarlet Begonias”, Mayer’s guitar solo leading to peaks that drove the crowd into a frenzy. Next, the group detoured unexpectedly into “Franklin’s Tower”. Yet another upbeat tune, the song’s bounding groove was locked in by Burbridge, who elegantly weaved through Mayer’s melodic solo.Dead & Company – “Scarlet Begonias” [Pro-Shot][Video: Dead & Company]Recalling the second set’s opening number, “Scarlet Begonias”, Dead & Company finished off the opening song’s customary pairing with an extended, improvisation-heavy take on “Fire On The Mountain” with Oteil on lead vocal duty. The combination of “Scarlet Begonias” > “Franklin’s Tower” > “Fire On The Mountain”—three fan-favorite songs—was an uplifting way to start set two, and the crowd responded in kind to the rare combination.As the extended jam in “Fire On The Mountain” came to a discrete end, the band began to lay out a moving rendition of “He’s Gone”. Mayer’s blues-tinged guitar parts were a standout of the number, with the pop star-turned-Deadhead tastefully ornamenting the band’s tight vocal harmonies after each phrase. After the passionate song, a somewhat clunky transition harkened in the rumbling complexity of “The Other One”. After the song’s first verse, the band delved into a cacophonous jam, foregoing verse two in favor of “Drums/Space”.Like Friday night’s performance, Oteil joined the Rhythm Devils, Bill Kreutzmann and Mickey Hart, for the driving, tribal-inspired percussion solo. When the rest of the band returned for “Space”, it was clear the group was ready for more adventurous improvisations; unlike Friday’s show, which quickly landed in a heavy, propulsive groove, Saturday’s “Space” was more exploratory and ambient. Led by Weir’s discordant guitar, “Space” morphed into an electronica-tinged jam, Oteil’s bass providing the jam’s framework.As “Space” dissolved into chaos, “The Other One” slowly reemerged, first identified by the recurrence of the song’s polyrhythmic drums. As the second set began to near its close, Dead & Company slowed things down with a mournful ballad, the Bob Weir-sung “Days Between”. The drummers anchored the easy-going jam, with Mayer soaring over the jam’s solid base as Chimenti offered up shimmering accents on the keys.Continuing the spacious tone carried through since “Space”, “Days Between” trickled to a close ahead of the celebratory set-closing rendition of “Sugar Magnolia”. A notably energetic and feel-good take on the number, particularly in contrast to the ballad that preceded it, the jubilant song energized both the crowd and the band, with all cylinders firing as they closed the second frame.For the encore, Dead & Company quickly jumped into “Uncle John’s Band”, with Mayer offering up an intricate and patient solo that matched the easy groove of the song. Following a darker bridge, Mayer and Chimenti cascaded over the rhythm section’s rock-solid foundation, with the jam eventually loosening up and offering space for soaring solos before the group found their way back to unison. With the entire crowd clapping along, “Uncle John’s Band” came to a triumphant close, the band earning huge cheers as they took doffed their instruments.The six members huddled in the center of the stage and hugged, only highlighting the strength of the relationships among band members. Clearly excited about the stellar performance, the group took a few photos with the crowd as the house’s applause built to a fever pitch behind them. Dead & Company departed the stage briefly, but with ten minutes left before the venue’s curfew, the band quickly reappeared for a second encore.With Weir donning an acoustic guitar, the band offered up a stunning rendition of “Ripple” for their second encore, Mayer simulating the song’s quivering mandolin part. Slowly, the stadium began to sparkle, as fans across the stands and on the field held up lighters and phones—making for a gorgeous shared moment and a wondrous way to end Dead & Company’s summer tour.You can check out a gallery of photos from Dead & Company’s tour closer in Boulder, CO below courtesy of photographer Bill McAlaine.Setlist: Dead & Company | Folsom Field | Boulder, CO | 7/14/2018Set One: China Cat Sunflower > I Know You Rider, Shakedown Street, Brown Eyed Women, Althea, Cassidy > One More Saturday NightSet Two: Scarlet Begonias > Franklin’s Tower > Fire On The Mountain > He’s Gone > The Other One v. 1 > Drums/Space > The Other One v. 2 > Days Between, Sugar MagnoliaEncore One: Uncle John’s BandEncore Two: RippleA full soundboard recording of the performance is available to stream via Nugs.net.Dead & Company | Folsom Field | Boulder, CO | 7/14/18 | Photos: Bill McAlaine Load remaining images
The administration held a fireworks display over the National Mall as night fell after Trump’s speech, despite Washington Mayor Muriel Bowser’s warnings that the mass spectator event would defy health officials’ guidance during the pandemic.Just steps from where Trump spoke, peaceful protesters marched down blocked-off streets around the White House, Black Lives Matter Plaza and the Lincoln Memorial. They were confronted by counter-protesters chanting, “USA! USA!” but there were no reports of violence.Millions of Americans have been demonstrating against police brutality and racial inequality since the May 25 killing of George Floyd, a 46-year-old Black man who died after a white Minneapolis police officer knelt on his neck for nearly nine minutes. In addition to achieving police reforms in some cities, some protesters have removed Confederate statues and other symbols of America’s legacy of slavery.”There have always been those who seek to lie about the past in order to gain power in the present, those that are lying about our history, those who want us to be ashamed of who we are,” Trump said on Saturday. “Their goal is demolition.” US President Donald Trump on Saturday vowed to defeat the “radical left,” in an Independence Day speech at the White House that condemned recent protests against monuments to historical figures as attempts to destroy the United States.Trump claimed without evidence that 99 percent of coronavirus cases in the United States were “totally harmless.” In fact, many states marked a record number of new COVID-19 cases. In Texas alone, 7,890 patients were hospitalized after 238 new admissions over the past 24 hours.Trump, who has faced criticism over his handling of the pandemic, said China must be “held accountable” for failing to contain the disease. Trump’s Fourth of July remarks doubled down on his speech the previous evening at Mount Rushmore in South Dakota where he accused “angry mobs” of trying to erase history and painted himself as a bulwark against left-wing extremism.Just months before November’s presidential election, opinion polls in key states show Trump trailing his Democratic rival, former Vice President Joe Biden. Biden wrote a Fourth of July opinion piece that struck a contrasting note with the Republican president and accused him of finding “new ways to tarnish and dismantle our democracy” every day.In a separate letter to donors, Biden said: “We have a chance now to give the marginalized, the demonized, the isolated, the oppressed, a full share of the American dream.”Trump, in his speech, also said the United States would have a vaccine or therapeutic solution to the virus “long before” the end of 2020. Such a success could help the US economy and Trump’s chances of re-election.On Thursday, a top US health official said he was optimistic the Trump administration’s vaccine-acceleration program “Operation Warp Speed” will generate a safe and effective vaccine for COVID-19 by year-end.Apart from fireworks spectators in Washington, activists of different stripes also appeared willing to disregard health warnings.Roar of the Deplorables, a bikers group, said via social media that they planned to gather to protest against what they call “the anti-Trump regime” and celebrate the nation’s birthday.Freedom Fighters DC, a new activist group which seeks to rally ethnically diverse supporters, especially the Black population of Washington, is one of the anti-racism groups ignoring the mayor’s heed to refrain from gathering.”Black folks are not free from the chains of oppression, so we don’t get to truly celebrate Independence Day,” said Kerrigan Williams, 22, one of the founders of the group, which will host a march and an arts demonstration on Saturday afternoon.”We’re marching today to showcase that Black folks are still fighting for the simple liberties that the constitution is said to provide.” Topics :
Demographer Bernard Salt in Brisbane for the annual Property Council of Australia Queensland market update. Picture Darren EnglandFROM smashed avos to spreading the love around, leading demographer Bernard Salt has gone from hipster to hippy, calling for major change in Queensland.He called for public sector jobs to be moved out of Brisbane to other parts of the state to “spread the love around”.More from newsMould, age, not enough to stop 17 bidders fighting for this home2 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor8 hours agoMr Salt told the Property Council of Australia annual Queensland market update that every state was looking at decentralising jobs “except for Queensland”.“White collar jobs absolutely transformed the centre of Geelong. Those sorts of things can be done. The department of parks and recreation decentralising out of Perth to Bunbury. The department of local govt decentralising out of Sydney to Nowra, agriculture out to Bathurst, yes this does happen, it seems everywhere except for Queensland. Which (government) is the most centralised on this continent? It’s Queensland.”“I actually think we should be spreading the love around and I know there’s going to be a bunfight as to where things go but that’s part of the process. If Victoria can do it for Geelong, then Queensland can do it for I won’t say which cities but there should be a similar version. Spread the love around.”The call came as part of a wider bid by Mr Salt for a commission of enquiry into housing affordability via the Prime Minister’s Office.“Until we go through the process in a public and transparent way you will breed discontent, resentment, and rightly so, from an entire generation coming along behind.”
Cristiano Ronaldo’s last-minute winner gave Real Madrid a thrilling victory over Manchester City in a pulsating Champions League clash at the Bernabeu.City keeper Joe Hart kept his side in the game before they took a shock lead through Edin Dzeko’s breakaway goal.Marcelo equalised with a deflected shot but City led again when Aleksandar Kolarov’s free-kick flew straight in.In a frantic finale, Karim Benzema levelled before Ronaldo’s shot flew past an unsighted Hart to win it.That brought a spectacular sliding celebration from Real boss Jose Mourinho – who had questioned his side’s focus and commitment in recent days – and provided an extraordinary finish to a game which had been completely one-sided for long periods.The Spanish side dominated until Dzeko put City ahead after the hour mark, with Hart rescuing his side on several occasions. But, having led with less than three minutes remaining, Roberto Mancini’s men will still feel they should have won the game, let alone finish up empty-handed as they began their campaign in Group D.A trip to the Spanish champions always looked a tough way for City to begin their task of reaching the knockout stages for the first time, especially because there was no sign of any discontent in the Real camp as they took the game to City from the start.Inside the first five minutes, Ronaldo tested Hart for the first time when he cut inside Vincent Kompany and fired in a low shot that was heading for the bottom corner until the England keeper clawed it to safety.That set the pattern for the rest of the first half, with Ronaldo giving Maicon a torrid time down the right, while Angel di Maria and Alvaro Arbeloa saw plenty of the ball on the opposite flank.Hart had to come to City’s rescue again with an instinctive block to keep out Gonzalo Higuain’s header from Ronaldo’s cross-shot, before racing off his line to close down Higuain after he beat the offside trap. By now, Real were completely dominant and City were also grateful for some poor finishing from Higuain and Sami Khedira, who both missed the target from point-blank range.Tellingly, Yaya Toure was City’s only attacking outlet before the break, twice causing the Real defence problems after running at them from deep positions but failing to find a decisive final ball.He was to put that right in style on the hour mark when he again charged forward and fed Dzeko, who steadied himself before firing home.The goal came completely against the run of play, but it was almost followed by a second for the visitors when Carlos Tevez slipped Toure free but, off balance, he could only fire into the side netting when he let fly inside the box.Mourinho made a flurry of changes in a bid to rescue the game, with Benzema and Luka Modric both flung on, and in the end the home side’s pressure told. Marcelo, who had earlier gone close with two fizzing efforts from the edge of the box, made it third time lucky when he stepped inside Vincent Kompany and saw his shot come off Javi Garcia and fly into the net.City remained on the back foot but they also remained a threat at the other end, and Kolarov restored their lead when he bent the ball straight into the net from 25 yards out.Again, the travelling fans scented what would have been a famous victory but, once more, Real came forward, with Benzema turning inside Matija Nastasic before finding the bottom corner to make it 2-2.There was more drama to come when Ronaldo cut inside from the right and, after Kompany ducked under his shot, the ball cruelly fizzed past the helpless Hart.