New York City Foreclosed Homes Hit 8-Year High

first_img The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago About Author: David Wharton  Print This Post January 10, 2018 2,403 Views Tagged with: first-time foreclosures Foreclosure Foreclosure Auctions new york city propertyshark first-time foreclosures Foreclosure Foreclosure Auctions new york city propertyshark 2018-01-10 David Wharton New York City Foreclosed Homes Hit 8-Year High According to PropertyShark’s annual foreclosure report released this week, the Big Apple had 3,306 homes scheduled for auction last year, a year-over-year increase of 58 percent.PropertyShark releases quarterly reports on the state of foreclosures in New York City, and Q4 2017 reflected ongoing trends toward rising foreclosures in the city, with year-over-year increases in every borough except Manhattan.After peaking in 2008, New York City foreclosures began dropping year-after-year until they bottomed out in 2012. They’ve been increasing slowly ever since. The 2017 total of 3,306 New York homes scheduled for auction is nearly twice the 2015 total of 1,762.New foreclosure auctions in Brooklyn nearly doubled over 2016’s totals. PropertyShark reports 827 Brooklyn homes scheduled for auction in 2017, the highest number in the past decade. The previous record came in 2008, which only hit a high of 460 properties on the auction block for that year.Staten Island stands out with a massive 134 percent increase in the number of homes scheduled for auction, jumping from 183 to 428 between 2016 and 2017. It’s worth noting, however, that this still doesn’t beat Staten Island’s record for first-time foreclosures—that was set in 2008 when the total hit 616.Queens and the Bronx both saw foreclosure increases of around 40 percent. Queens has the highest number of homes in foreclosure of any of New York’s boroughs, leaping from 898 in 2016 to 1,260 in 2017. Even at a 40 percent increase, that total is still well behind the 2008 record of 2,284.As for the Bronx, new foreclosures increased 44 percent for the borough, totaling 650 properties scheduled for auction. That’s up from 451 in 2016. The Bronx had a relative calm 2008 compared to many of the other boroughs, having logged only 251 first-time foreclosures in that year.Manhattan, however, defied the trends and saw the rate of new foreclosure auctions remain flat year-over-year.Throughout New York City, PropertyShark reports that the number of homes entering the foreclosure process with the receipt of a lis pendens notice—a formal notice of intent to foreclose, sent from the lender to the borrower after several months of delinquency—continued the downward trend of previous years. New York City recorded 12,072 new filings in 2017, which amounted to a four percent year-over-year decrease. That’s the lowest total in a decade, with the exception of 2011’s 10,911 filings throughout the city.PropertyShark notes that most of the homes that entered the foreclosure auction stage in 2017 had lis pendens filed in 2013 or 2014, and around 20 percent as far back as 2009 and 2010.You can read PropertyShark’s full New York City foreclosure report by clicking here. Home / Daily Dose / New York City Foreclosed Homes Hit 8-Year High 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 Related Articles Previous: How Could Housing Reform Affect Rural Mortgage Lending? Next: Proposed Arizona Bill Addresses HOA Foreclosure Timelines Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Share Save Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Foreclosure, Journal, News Subscribe Governmental Measures Target Expanded Access to Affordable Housing 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 agolast_img read more

Mountain Mama: Family Road Trip Advice

first_imgDear Road Tripper,My two-year old and I recently drove ten hours. Without a video player. Sure, when he grew sleepy, his whines turned to howls and then full on screams until he finally relented to sleep’s whisper. His discomfort tormented me from the driver’s seat. I twisted my arm to hold his foot, providing the comfort of a mama’s hand. Sometimes that worked and his cries subsided to whimpers. Sometimes it didn’t.When I told a friend who asked whether I’d used a video player that I hadn’t, her gasp led me to question whether I’d unknowingly committed a mild form of child abuse. I pointed out that I’d grown up going on road trips without the distractions of modern technology. She asked whether I found it necessary to make my child suffer in the same way given that society had come so far.Or have we. I thought back to the place where I first started writing for fun — the gas station where I worked the 5 pm to midnight shift most weekday nights. I was a junior in high school and I knew that if I wanted to go to college, I’d have to pay for it. We lived in a rural area and most nights were slow. At first I’d stare at the cars whizzing by on the highway. I started telling stories about the people driving, guessing at where they were headed. Some of those stories made me sad, others made me smile. I wrote down my favorite ones and let a teacher read them. He encouraged me to enter a writing contest. I won at the state level, beating out kids from fancy schools whose parents carted them from one after school activity to the next. I’m convinced that the stillness of working in that sterile environment nudged me to imagining a more entertaining world, whereas the kids busy taking extracurricular activities never benefitted from the same luxury of doing nothing at all.The gaps between where we are and where we dream to be can be uncomfortable, like working late nights at a gas station or sitting for a long time in a car. Inhabiting those in-between spaces requires the type of quiet that can be boring. These days we too often drown the uncomfortable spaces with the noise and distraction technology provides. But in that quiet wasteland, creativity takes root, cultivating a sense of wonder and hope. When we encourage our children to press their foreheads against the window and stare, they’ll take in plenty of strip malls and roadside construction. Those ugly and drab landscapes serve to accentuate the beauty of driving over glistening rivers and seeing the rainbow after a storm.On our road trip, my toddler learned about cranes and back hoes, tractor trailers and buses. We talked about the color of the clouds and greeted the arrival of the moon like a long lost friend. I’m pretty sure the road trip would have been easier with a video player, but then we would have missed out on scanning the horizon. Listening to my toddler’s delight at pointing out when we were going downhill or over a bridge reminded me just how often we find the extraordinary in the mundane.Road Tripper, consider unplugging and allowing your child’s mind the freedom to wander and marvel at the scenery.Enjoy your trip!Mountain Mama Dear Mountain Mama,Our young family is taking a long road trip. My wife and I are debating on whether to buy a video player to occupy our toddler during the long haul. What’s your opinion about using a video player to help children endure long periods in the car?Thanks,Road Tripperlast_img read more

Amel Tuka to perform at the Athletic Meeting “Diamond League” in Monte Carlo

first_img(Source: The most successful B&H athlete, Amel Tuka, will perform on Friday, the 17th of July at the athletic meeting “Diamond League” in Monte Carlo, and will be our first athlete who participated on this prestigious competition, which gathers the biggest names from the world of athletics.After the successful performance in Madrid, Amel Tuka immediately received an invitation to perform in Monte Carlo and thus achieved his childhood dream to participate on the top world’s competitions.“Yes, my dream came true, and on Friday, the first day of Eid, I will perform at the meeting “Diamond League” in Monaco. This is really a great challenge for me, since I love to perform with those who are better than me, they always give me a new challenge to test myself and see how much I can achieve. There is possibility that I might perform on the next meeting of ‘Diamond League’ in London, which will take place on the 25th of July,” said Tuka.His training base at the moment is a small mountain place Brunico in Italy, where he is preparing with the Italian coaches, 2000 meters above the sea level.All his current plans are focused on his first performance at the World Cup, where they will try to achieve a result for the Annals of B&H sport.last_img read more

Parking operator takes a gamble in calling on Chick

first_imgIt could be a strategy of political brilliance – or political suicide. Joseph Lumer, chief executive of Five Star Parking, is trying to enlist City Controller Laura Chick in a dispute he has with the city Department of Transportation over a DOT review that found he shortchanged the city some $630,000 from its Hollywood parking lot operation. Lumer, who is among the larger contributors in city elections and operates the lucrative parking franchise at Los Angeles International Airport, sent each City Council member a three-page protest letter and a 30-page packet of information disputing the audit. Chick says she has no plans to review the DOT audit. Councilman Dennis Zine has found a new way to bond with his colleagues: at the Los Angeles Police Academy shooting range. Zine last week took Councilman Jose Huizar to the range – known as Hogan’s Alley – for a 45-minute lesson on firing a handgun. “He got pretty good at it by the end,” said Zine, noting he showed Huizar how to shoot the department-approved .38-caliber, .45-caliber and 9 mm handguns as LAPD trainers stood nearby. Zine served on the LAPD for 30 years and is an LAPD reserve officer. “As a council, we are reviewing officer-involved shooting and use-of-force cases all the time and I want our members to have an understanding of how a weapon works and what it can and can’t do,” Zine said. Zine has provided City Council President Eric Garcetti with similar shooting lessons and said he wants to bring all his colleagues to the range. For the record, all the guns are owned by Zine and he even paid for the bullets. Mayor Antonio Villaraigosa is insisting he is trying to soften his rhetoric with Los Angeles Unified School District officials as he continues to pursue his efforts to take control of the system. “I am not at war with them,” Villaraigosa said last week. “This is just an issue I care passionately about.” Villaraigosa said he is going to continue his lobbying effort of Sacramento politicians, although it might be in a less public way. “When I visit them in person up there, it’s too disruptive,” Villaraigosa said. “What I’ll be doing is talking to a lot of people to explain what I am trying to do. There are a lot of misconceptions and misperceptions. I expected that and it’s up to me to explain what I am looking for.” In the meantime, the President’s Commission on Education – formed by then-council President Alex Padilla and then-school board President Huizar – is scheduled to release its final recommendations this week. Many on the panel have been frustrated that they are being swept up and overlooked in Villaraigosa’s juggernaut. However, with all of the controversy focused on Villaraigosa’s battle with LAUSD officials, they hope to become an alternative voice and a potential compromise as the debate continues. If nothing else, the mayor and Zine could become a comedy team. Last week at a luncheon with San Fernando Valley business leaders, the mayor joked about Zine’s eating habits. Looking around, he spotted Zine near the dessert table. “Dennis – eating again!” Villaraigosa chided. “Standing there, eating a cookie! It used to be a doughnut in your other profession.” The comment drew loud laughter from the assembled group, although not so much from the mayor’s cadre of bodyguards. “Just kidding,” the mayor hastily added. “LAPD officers take such good care of me.” Villaraigosa also targeted himself for a joke when he called out from behind the podium for Deputy Mayor Robert “Bud” Ovrom. Ovrom was, in fact, seated directly in front of the diminutive mayor, who veered from his talk on the aerospace industry to lament his modest stature. “Man, I’m too darn short,” he quipped. “They need to give me a box to stand on.” MEDIA WATCH: Betty Pleasant Miller, the political columnist for the Southwest Wave, which primarily serves the African-American community, is not known for pulling her punches. And last week was no exception when she ticked off her endorsements for various races in her column, “The Soulvine.” “Our opinions are based on various factors,” Pleasant told readers. “Including the fact that the Soulvine has a long memory, is vindictive, and strongly believes the best way to punish an offensive politician is to vote against him.” Daily News staff writer Brent Hopkins contributed to this story. [email protected] (213) 978-0390160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! “I am not going to be put in the position of reviewing every contract from a vendor who disagrees with a city department’s decision,” Chick said. “Besides, if Mr. Lumer wants to pursue this, he has other remedies than trying to use my office to get out from this.” Lumer’s letter piqued the curiosity of several council members, who wondered why he was escalating the matter and inviting additional reviews that could raise even more questions. Steve Afriat, who advises Lumer, acknowledged the risk of asking for Chick’s involvement. “Clearly she is extraordinarily tough,” Afriat said. “We think her office can take an open look at this. We’re contending the Department of Transportation people need to go back to auditing school.” Among the city’s contentions is that a large percentage of tickets were missing at the Hollywood operation – and tickets are a key auditing tool to determine revenue owed to the city. last_img read more

Arsenal, UJ in SADC football project

first_img2 October 2008London-based Arsenal Football Club is establishing its footprint in SADC (Southern African Development Community) region, by joining the University of Johannesburg (UJ) as official partner of the university’s Grupo Desportivo de Manica (GDM) project in Mozambique.As one of the university’s flagship community engagement projects, GDM uses soccer as a means to develop and grow an extremely rural community in Manica, Mozambique. The project is largely funded by the Laureus Foundation and Barclays, as well as the UJ’s Alumni.Recent project achievements include the renovation the town’s sport clubhouse and the building of a new facility that will be the core of an innovative SADC Research Centre that will house amongst other things a computer school, an internet cafe, an English school and accommodation quarters.The project also supports the local football team, Desportivo de Mancia.GDM founder and president Schalk van Heerden, who is also UJ project manager for the project, said that following the success of a six-week training exchange by two Arsenal community coaches in July 2008, representatives from UJ and GDM formalised their relationship with the famous football club during a visit to London on 19 September 2008.“This partnership will deliver volunteer exchanges, Arsenal Gap Year participants, coaching seminars and research interventions,” said Van Heerden in a statement this week.“This is very exciting for us. We will try to maximise our success in Manica and take the lessons learned forward as the relationship grows.”Expansion plansUJ Pro-Vice Chancellor Derek van der Merwe said he was delighted with the Arsenal relationship, which will start in Mozambique and later expand to Soweto.“We hope that this tie-up between one of the world’s great football clubs, the University of Johannesburg and GDM will eventually impact on the wider SADC region,” said Van der Merwe.Arsenal in the Community head Alan Sefton echoeed that optimism: “To be successful in Africa, we need strong local partners that can deliver – GDM and the University of Johannesburg are obviously such partners.”The GDM project has become an example of the power of sport to change lives, said Van Heerden, while GDM manager Shortcover Chikwandingwa added that the project would use football as the vehicle to deliver socio-economic benefits at grass-roots level.“Six years into its existence, GDM has attracted long-term volunteers from South Africa, the USA and Germany, emphasising that there is ‘something special’ about this project,” Chikwandingwa said.SAinfo reporter Would you like to use this article in your publicationor on your website?See: Using SAinfo materiallast_img read more

AJ Baltes, Sept. 24

first_imgShare Facebook Twitter Google + LinkedIn Pinterest We haven’t done any harvesting yet. We have some beans that are getting close. Guys are slowly starting to harvest. It sounds like the crops are doing pretty decent. I looked at a corn test plot yesterday to the south of us. They had anything from 220 to 280 in the test plots and hopefully that is a sign of what it will be like when we get out in the fields. We are maybe a week or so away from harvesting beans yet.There was a tornado that touched down about 30 or 40 miles to the north of us the other day. They got a bunch of rain and really heavy winds. We didn’t get anything out of it. It was near Middlefield.We got a couple of tenths of rain Friday evening. Everything so far has been standing pretty well. There are some beans leaning but once they lose the leaves and get the weight off of them they are standing back up. Hopefully that means they have a lot of pods on them.Most of the alfalfa hay is finished around here and there are guys done chopping corn and some guys are just getting into it. Yield wise, everyone I have talked to has been getting really good tonnage this year and a lot of guys didn’t chop all that they planned on chopping.Most of the sudangrass and millet we planted after wheat is higher than our heads right now. We are hoping to get 150 acres of wheat out this fall too. We contracted our wheat for next year plus we rolled some over. It should be a pretty profitable crop if we can get the yield.We haven’t seen too much difference in basis from what it usually is. We have Case Farms, a chicken farm, they take quite a bit of corn from the area and then there is an ethanol plant south of us that takes quite a bit corn too. If you’ve got storage and can store it after harvest you have places to take it around here.last_img read more

Don’t Lose Your Mojo

first_imgIt doesn’t matter that you failed. It doesn’t matter that you lost the client, lost the opportunity, or lost the job. It doesn’t matter that you did your best and that your best wasn’t good enough. The events or the circumstances that led to your failing don’t matter either. There are only three things that matter now.First, you need to derive any lessons you can from your failure. The price of an education is experience. And the price of experience is failure. What did you learn?Second, it matters that you pick yourself up, brush yourself off, and step back into the arena. Your past performance isn’t necessarily indicative of your future performance. Lots of people failed countless times before finally breaking through. But to succeed in the future, you have to try again.But the most important thing I saved for last: You can’t lose your mojo. You are a value creator. You live by the Value Creator’s Code. Because you are a value creator, it’s time to reengage with the world and the opportunities in front of you with all the confidence in your abilities that you had when you tried and failed. It’s time to step back in with all of your mojo, all of your confidence. It’s time to reengage your head, your heart, and your guts. All of these things are still alive inside you. Or they could be.The world is waiting for you to make a difference. We’re counting on you. A lot of people are counting on you. Get your mojo working.last_img read more

Lukaku header gains World Cup spot for Belgium

first_imgTyphoon Kammuri accelerates, gains strength en route to PH View comments Two goals from Edin Dzeko helped the Bosnians beat Gibraltar 4-0 to leapfrog Greece into second place. Belgium has 22 points, Bosnia-Herzegovina 14, Greece 13 and Cyprus 10.Cyprus’s hopes of qualifying took another blow in a 1-0 loss away to Estonia, thanks to Mattias Kait’s winning goal in the dying seconds.Estonia is fifth with eight points while last-place Gilbraltar has lost all eight matches.ADVERTISEMENT Trending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles00:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games Kammuri turning to super typhoon less likely but possible — Pagasa Greece responded three minutes later through Zeca, but only one more minute passed before Belgium retook the lead thanks to Lukaku’s header. It was the Manchester United forward’s 10th goal of the qualifying campaign.Victory leaves the Belgians top with an unassailable eight-point lead over second-place Bosnia-Herzegovina. That makes Belgium the first European team confirmed for the World Cup besides host nation Russia.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutBelgium is unbeaten in qualifying, with seven wins and a 1-1 draw at home to Greece in March.The Belgians have scored 35 goals and conceded just three in a group where they were considered the overwhelming favorites. Brace for potentially devastating typhoon approaching PH – NDRRMC LOOK: Venues for 2019 SEA Games Don’t miss out on the latest news and information. UPLB exempted from SEA Games class suspensioncenter_img Read Next WATCH: Streetboys show off slick dance moves in Vhong Navarro’s wedding LATEST STORIES Catriona Gray spends Thanksgiving by preparing meals for people with illnesses Belgium’s Romelu Lukaku celebrates at the end of the World Cup Group H qualifying soccer match between Greece and Belgium at Georgios Karaiskakis Stadium in Piraeus port, near Athens, Sunday, Sept. 3, 2017. Belgium won 2-1. (AP Photo/Thanassis Stavrakis)Romelu Lukaku was on target Sunday to give Belgium a 2-1 win over Greece and a place at next year’s World Cup.The Group H fixture was goalless until the 70th minute when Jan Vertonghen blasted the visitors into the lead with a fierce shot.ADVERTISEMENT MOST READ SEA Games in Calabarzon safe, secure – Solcom chief Switzerland wins 8th straight game, Portugal stays closelast_img read more