Thursday, December 30, 2010
First-time homebuyers still a minority locally, Realtor says - Orlando Business Journal:
“Given that the averagwe household income in Tampaz is rightaround $45,000, it seem highly unlikely that first-time homebuyers dominated either the cash-purchase or conventionalluy financed categories,” said Petedr Murphy, president of Home Encounter LLC, in a release. Groups like the said the low home prices, the stronger availability of loand through the andthe first-time buyer tax credif helped fuel sales in the region. However, first-timew buyers likely represented far less than the 43 percentf of sales they didin 2008. Realtors reported that cash buyers purchased more than 41 percen t of all sales this year at an average purchase priceof $121,400.
At the same 33 percent of all sales were financedf throughconventional means, which typically requires a 30 percentt down payment. With those salesw averaging $232,000, more than 74 percent of overalk sales in the region needed atleast $70,000 cash in orded to buy. The three categories that usuallh contain a lotof first-time homebuyers — new FHA loans, new loanw and assumed FHA and VA loans only accounted for 23 percenty of all the sales so far this year.
“Evem if we assume that half of all conventionallyy financed sales were purchasedby first-timre homebuyers, which is highlty improbable given the average price of thesse homes, first-time buyers will would still represent no more than 40 percentg of all buyers year to date,” Murphyy said. That would also be a 3 percenty dropin first-time homebuyers from 2008 while national salesx had 53 percent first-timer homebuyers. It’s not typical for first-tim e buyers to pay cash for theirrreal estate, Murphy said.
Instead, investors and repeat buyers are snappinbg up deals right now that might be attractive to them but not exactly the best pricwfor first-time homebuyers who don’t have a high enoughy income to really wheel and deal in the current
Monday, December 27, 2010
NASA engineers x-ray tank of space shuttle Discovery - Malaysia Sun
Dalje.com | NASA engineers x-ray tank of space shuttle Discovery Malaysia Sun While additional scans are under way, engineers at various other NASA locations continue data analysis to help determine what caused sm » |
Saturday, December 25, 2010
San Jose streets to become Redback Raceway in sponsorship deal - Silicon Valley / San Jose Business Journal:
mile stretch of downtown San Jose will become the Redback Raceway duringthis summer'sa grand prix races, as a resulg of a new sponsorship deal. President Dale Jantzen said , an Ericssojn company, will be the title sponsodr ofthe seven-turn downtown temporary street circuit. Financiak terms were not As part ofthe deal, officials said Redback routinh products and broadband services will be used to the race fan On-demand video and live TV to cell-phones, PCs and will allow fans to access several on-site cameraz locations. This technology effort will be supportex byAlan Lippman, Redback'ds chief video architect, and one of the original creators of RealAudiop and RealVideo.
Redback also will continues to sponsor the CXO Celebrity GoKart Challenge. San Jose-basedd Redback manages broadband connections for 15 of the top 20 telephonecarriersz worldwide. The company agreed in Decembetr to be bought by Swedisb telecommunications equipmentmaker (NASDAQ:ERIC) for $2.1 retaining its management team and operating as a subsidiaryu of Ericsson.
Wednesday, December 22, 2010
Structural biology: Proteins in dynamic equilibrium - Nature.com
Structural biology: Proteins in dynamic equilibrium Nature.com Protein molecules in solution exist as an equilibrium of different conformations, but the sizes and shifts of these populations cannot be determined from ... |
Monday, December 20, 2010
Genesee Beer to make comeback - Dallas Business Journal:
The renewed effort will include merging the sale s and marketing teams from Labatt USAand Genesee, once a recognizedx beer in Western New The company said it has begun $6 million in upgrades and will investt another $4 million in 2010. “Positive change are brewing,” said Rich Lozyniak, the new CEO of Nortuh American Breweries. “We’re reviewing every aspect of our busines s to strengthenthe brewery’s position.” NAB said it will upgrad brewery equipment, make necessarg repairs and add boiler controls and steam economizers that reduce energy consumption. The changesa are expected to bring annual operating savingx of morethan $1 million.
In addition to Genesee, the brewer produces Seagram’s Escapes, as well as Dundee Ales and Lagers familt ofcraft brands, which includes the Original Honey Brown The Rochester company distributes several including Imperial from Costa Rica, Steinlager from New Zealand, Toohey’xs New from Australia and Thwaites from the U.K.
Friday, December 17, 2010
Discussion on Bullying Turns to Real Solutions, Legal Protections - Campus Progress
Discussion on Bullying Turns to Real Solutions, Legal Protections Campus Progress But much as these awareness-raising campaigns are opening up a discussion about the problem of bullying targeting LGBTQ young people, the national ... |
Wednesday, December 15, 2010
Video and Photos From "Pirates of the Caribbean: On Stranger Tides" Fan Event - MovieViral (blog)
Daily Mail | Video and Photos From "Pirates of the Caribbean: On Stranger Tides" Fan Event MovieViral (blog) Disney decided to honor fans of Jack Sparrow by debuting the first teaser trailer for Pirates of the Caribbean: On Stranger Tides at a รขPirates Fans First! ... Trailer: Pirates Encounter Stranger Tides Rob Marsh » |