What Fannie Forecasts for Housing in 2019

first_imgHome / Daily Dose / What Fannie Forecasts for Housing in 2019 Subscribe Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: David Wharton May 17, 2018 16,898 Views 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: Economic and Housing Outlook Fannie Mae Home Prices Home Sales Housing Starts Share Save Previous: Mortgage Diversity Group Elects New Advisory Council for 2018 Next: The Evolution of Housing Wealth Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Journal, Market Studies, News Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articlescenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago What Fannie Forecasts for Housing in 2019 Economic and Housing Outlook Fannie Mae Home Prices Home Sales Housing Starts 2018-05-17 David Wharton The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago  Print This Post Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Fannie Mae Economic and Strategic Research Group’s May 2018 Economic and Housing Outlook predicts continued economic growth throughout the rest of 2018. As we enter 2019, however, the GSE forecasts a potential change in that momentum.According to Fannie’s May 2018 Economic and Housing Outlook, the GSE forecasts 2018’s full-year growth to hold steady at 2.7 percent. Fannie’s Outlook also predicts the Fed will institute two more interest rate hikes before year’s end.“We remain confident that, despite a first-quarter hiccup, economic growth will pick up through the rest of 2018,” said Fannie Mae Chief Economist Doug Duncan. “There are signs that consumer spending is poised to strengthen in the months ahead, and we believe recent fiscal policy actions are likely to contribute to growth this year.” But for 2019, the Outlook predicts a deceleration to 2.3 percent growth.“Come 2019 … we expect the fiscal boost to fade, and we adjusted our forecast lower accordingly,” Duncan said. “We also note mounting downside risks to our projections, including growth-constraining protectionist trade policies and rising oil prices, among others. Meanwhile, housing’s upward grind should continue, despite a lackluster first quarter. We expect home sales to post modest gains both this year and next, as prices rise and affordability declines amid low for-sale inventory.”Fannie forecasts 1.3 million housing starts by year’s end, compared to 1.2 million in 2017. Single-family housing starts are expected to experience 7.9 percent year-over-year (YOY) growth in 2018, as compared to 8.6 percent in 2017 and a predicted 5.4 percent in 2019.Fannie anticipates new single-family home sales to grow 11.8 percent in 2018. In 2017, that number was 9.3 percent, but the forecast 2019 number drops all the way to 3.8 percent year-over-year. Existing-home sales are expected to remain mostly steady, with a predicted 1.5 percent YOY change in 2018 and 2019 forecast to come in at 1.2 percent.Total home sales are anticipated to come in at 2.5 percent YOY for 2018, with 2019’s forecast slipping to 1.5 percent, slightly below 2017’s 1.9 percent growth.To read all of Fannie Mae’s Economic and Housing Outlook data for May 2018, click here. Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

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Amazon CEO Jeff Bezos may step down without stepping away

first_imgEven after stepping aside as CEO, Amazon founder Jeff Bezos will likely keep identifying new frontiers for the world’s dominant e-commerce company. His successor, meanwhile, gets to deal with escalating efforts to curtail Amazon’s power. Even after long-time Amazon executive Andy Jassy becomes CEO, Bezos will remain the company’s largest shareholder while taking on the role of executive chairman. That’s a title typically given to someone who intends to remain deeply involved key decisions. And Bezos has signaled his desire to keep coming up with new product ideas. He reassured investors that the executive who built Amazon into a $1.7 trillion goliath will be sticking around.last_img

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Andrea Martin Talks Pippin, Lady Parts & Dating a Younger Man

first_img Star Files Was it tough to get back in trapeze-flying shape? I’d been doing Act One, but that required a different kind of energy. I was dressed in period costumes, so I wasn’t focusing on being fit. When the play ended, I thought I’d have a nice summer, go to Europe and eat! Then [Pippin producer] Barry Weissler called, and I thought, “What’s more motivating for a 67-year-old woman to get in shape than hanging by her ankles 12 feet above the ground in a corset?” So I went to the Golden Door, this beautiful spa and yoga retreat in California, and now I’m in really good shape again. Are you dishing about Broadway in the book? I don’t really dish, although there is a chapter called “Old Lady Parts,” since the parts I’ve played on Broadway all seem to have been older women: Golde in Fiddler on the Roof, Frau Blucher in Young Frankenstein, Aunt Eller in Oklahoma! When Pippin came along, I thought, “This really is the last straw. I can’t morph into an old lady in a wheelchair.” How does it feel to be back in the show? It’s wonderful. I’m in New York for three weeks, and then I’m going to L.A. for three weeks to perform at the Pantages, this beautiful old theater in Hollywood, near where my sons live. I raised them there, and I have a lot of friends on the west coast who didn’t get the see the show. I’m going to stay with Sean Hayes and his partner, Scotty, who are like family. I’m really excited. It must be such a treat to surprise the audience every night with your performance. Pippin was the most transformative experience of my life. First of all, who would have imagined that at this point I would have the opportunity to learn a new skill on the trapeze? I also wanted to reach out to people my age who might not feel like they have much left to give and say, “We can still look sexy. We can still have energy and change the world.” If you keep yourself healthy and stay curious, there are surprises around every corner. You certainly didn’t. Is there a chapter called “I Was the Sexiest Person in Pippin”? Dammit, no! But there’s a picture that shows I was the sexiest person in Pippin. I don’t need to say it [laughs]. How did it feel to reflect on your life and career in print? The book is not really a memoir, it’s autobiographical essays—humorous stories, like Nora Ephron or David Sedaris. But once I started writing, it became clear that the stories would be about things that are important to me, including being a parent. There are stories about squirrels in my attic, about aging, about SCTV. By the end, you do get a sense of who I am. Uhhh, tell us more about the “Perky Tits” chapter! It’s about a dinner party with Steve Martin, Marty Short and Eugene Levy. We were talking about my book, and Steve said, “There’s Tina Fey’s Bossypants; why not Andrea Martin’s Perky Tits? It has New York Times bestseller written all over it.” Andrea Martin is back where she belongs, twirling from a trapeze and belting “No Time at All” in a three-week reprise of her Tony-winning performance as Berthe in Pippin. Broadway’s most gorgeous granny will soon add “author” to her resume, with the September 23 release of Lady Parts (Harper Collins), a collection of reminiscences that almost had a more racy title. Broadway.com got the scoop on all the good things happening in the life of this legendary comic actress. Show Closed This production ended its run on Jan. 4, 2015 View Comments See Martin in Pippin at through September 21 the Music Box Theatre. Related Shows Pippin We can’t wait to read Lady Parts. How did you come up with the title? It came from Devlin Elliott, who is Nathan Lane’s partner. Give him credit! Steve Martin thought I should call it Perky Tits, after one of the stories I tell, but I was too scared—and Harper Collins said Costco wouldn’t sell the book if I used that. Speaking of surprises, how’s your love life? Well, that’s not happening! [Laughs.] But there’s a lovely chapter about dating a younger man, and you should go directly to that. Andrea Martinlast_img read more

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Virus deaths nearly doubling Milan’s normal mortality rate

first_imgDeaths still rising Lombardy was reporting about two-thirds of Italy’s virus deaths when the rate of officially registered infections was still soaring daily in the early part of March.Neighboring regions with high death tolls have been reporting lower infection rates throughout the crisis.AFP’s comparison of the data reflects that.The neighboring Emilia Romagna region reported 1,640 COVID-19 deaths last month.That corresponds to around 40 percent of its estimated monthly deaths average of 4,150 for 2018.The Piedmont region around the industrial city of Turin reported 854 COVID-19 related deaths.AFP estimates that it would have otherwise witnessed around 4,486 deaths.A report authored by an Italian expert at European Society of Anaesthesiology also looked at the data and found that Italy’s death toll will keep rapidly climbing for some time.”The data suggest that the increase in numbers of patients in intensive care in both the Lombardy region and Italy as a whole are likely to have peaked,” the report said.But “the numbers of deaths in hospital will continue to increase at the maximum rate for several days to come”. 969 is a lot The northern Lombardy region that includes the financial capital Milan turned into the global epicenter of the pandemic when Italy overtook China’s official death toll on March 19.Lombardy is Italy’s industrial heartland and includes heavily-affected cities such as Bergamo and Brescia to Milan’s east.The region recorded 99,542 deaths from all causes in 2018 — a rough monthly average of 8,300.It reported 7,176 coronavirus deaths in March.All countries’ monthly deaths vary depending on the season.United Nations data show Italy recording the highest number of deaths in January and the lowest in June.March turns out to be a statistically average month.This suggests that Lombardy’s official toll from COVID-19 last month — 7,176 — was just under 15 percent shy of the number of people who would have statistically been expected to die in March without the epidemic.Bergamo Mayor Giorgio Gori said Wednesday he does not trust the official figures and thinks the real toll may be twice as high.The mayor tweeted a newspaper analysis suggesting that the COVID-19 toll in the Bergamo province was “between 4,500 and 5,000, and not the 2,060″ officially reported.”How many are infected then?” the Bergamo mayor asked.He cited a local statistics agency analysis indicating 26 percent of Bergamo province’s 1.1 million people had the virus.”I fear that the figure is higher,” the mayor tweeted. Italian officials acknowledge that their coronavirus data are incomplete with deaths from COVID-19 related causes outside hospitals often not counted.The number of people who died after catching the virus without ever being tested is unknown.So is the number of people who died of other causes because they could not get treatment from hospitals dealing with a ceaseless flow of COVID-19 patients.Some newspapers are asking why jumps in March deaths reported individually by some cities do not appear to be reflected in the national tally.”The death count does not add up,” the Il Fatto Quotidiano said Wednesday.Here is what the official figures do show. But the tolls being read out daily by health officials in Rome can often seem hard to quantify.The civil protection service disclosed a record 969 deaths for last Friday.That sounds like a lot — but how does that compare to the number of people who usually die in Italy in a day?AFP tried to figure this out by comparing 2018 data from Italy’s official statistic agency ISTAT — the last available for all regions — and the coronavirus deaths reported by the civil protection service in March.center_img The torrent of Italian death data reveals that the region around Milan with a population of 10 million reported almost as many coronavirus fatalities in March as it would normally have done from all other causes.The Mediterranean country of 60 million people is living through its worst disaster since World War II.It registered 12,399 COVID-19 related deaths last month — thousands more than officially reported by any other country. Topics :last_img read more

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Manchester United want to extend Eric Bailly’s contract ahead of talks with injured star

first_imgSolskjaer wants Bailly to stay at United (Picture: Getty)Arsenal were one of several clubs to show an interest in Bailly in recent transfer windows and United are ‘desperate’ to avoid losing him on a free transfer.AdvertisementAdvertisementBailly’s contract expires next summer and the Ivory Coast international is again stuck on the sidelines.A medial knee ligament injury in pre-season has ruled Bailly out until January and it is the second serious injury the Red Devil has suffered in the last year. Bailly is unavailable until January due to injury (Picture: Getty)Manchester United are ready to extend Eric Bailly’s contract at Old Trafford, according to reports.Bailly, 25, has a woeful recent injury record at United, but the Red Devils are convinced the centre-back can still be a success at the club.Signed by Jose Mourinho in 2016 in a £26million deal from Villarreal, Ole Gunnar Solskjaer is a fan of the defender.The Sun claim United are set to sit down with Bailly, as they look to activate a further two years on his current deal.ADVERTISEMENT Manchester United want to extend Eric Bailly’s contract ahead of talks with injured star Advertisement Metro Sport ReporterSunday 18 Aug 2019 6:44 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link644Sharescenter_img Bailly’s current deal expires next summer (Picture: Getty)Bailly earns £120,000 a week at United and the club recently spent a small fortune bringing Leicester City centre-back Harry Maguire to Old Trafford.Maguire went straight into Solskjaer’s starting eleven and is set to be paired with Swedish defender Victor Lindelof for the foreseeable future.Solskjaer wants Bailly to stay at the club, fight for his place and serve as a back-up to Maguire and Lindelof.MORE: Why Christian Pulisic rejected Manchester United to join ChelseaMore: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City Comment Advertisementlast_img read more

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Watch: José Mourinho walks away from interviewer who tries to bait him into answering…

first_imgImage Courtesy: Twitter(@GMS__Football)Advertisement 6jx1kNBA Finals | Brooklyn Vsbye22Wingsuit rodeo📽Sindre Ew746( IG: @_aubreyfisher @imraino ) rWould you ever consider trying this?😱cnnuCan your students do this? 🌚086oRoller skating! Powered by Firework José Mourinho, once the most feared gaffer all around the European continent, is not having the best phase of his managerial career at the moment, and as seen in the FIFA’s The Best awards event, the ‘Chosen One’ is favouring to walk out from unfavourable questions.Advertisement Image Courtesy: Twitter(@GMS__Football)Since being sacked by the Manchester United hierarchy back in December 2018, the Portuguese has not been welcomed by any of the European elites, even though having work experience at Chelsea, Inter Milan and Real Madrid.The current pundit for Sky Sports, Mourinho showed he does not facour questions regarding his break from a managerial job, as he takes leave from further questions being thrown at him in the award ceremony.Advertisement Check out the bizarre interview in the video below, courtesy to the official Twitter handle of GiveMeSport.Dreaming about a job as the manager of an imaginary ‘World XI’ team, the 56 year old told that Fabio Capello and Walter Zenga, who were present at the award ceremony, are also potential candidates to manage the said ‘dream team’, as they are also out of job.Soon after, Mourinho’s body language indicated that he was done with the questions, and as the interviewer thanked him for his honesty, he walked off the stage.“You have to stay here with me! Why do you want to go?” the lady presenter’s plea to stop Mourinho failed, and she ended with saying “Okay, you want to go.”Social Media stepped up after the clip went viral, as football fans suggested that the interviewer didn’t do the best of her job on stage, and Mourinho was right to make a prompt exit. Advertisementlast_img read more

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