Home Prices Grow 06 in July

first_imgHome Prices Grow 0.6% in July National home price growth hit a stumbling block in July as prices in some of the nation’s largest markets retreated from their upward trend.FNC, Inc.’s national Residential Price Index (RPI), a metric of prices in 100 of the nation’s largest housing markets excluding REO and foreclosure sales, grew 0.6 percent month-over-month in July, slowing again from 0.8 percent in June (which in turn was down from 1.2 percent in May).The narrower 30-metro composite index saw a similar slowdown, also declining to 0.6 percent growth, while the 10-metro composite saw a half a percentage point drop to 0.4 percent, FNC reported.The picture look the same on a year-over-year comparison: The national composite fell to 7.4 percent from 8.0 percent in June, while the 30-market composite slipped to 8.0 percent from 8.6 percent. Again, the 10-metro index declined the most, falling to 8.3 percent from 9.1 percent in June.Despite the evident slowdown, the price recovery continued strong in July in most markets tracked on the 30-metro composite. Growth was led by Tampa (2.0 percent), Sacramento (1.8 percent), Baltimore (1.6 percent), and San Francisco (1.6 percent).At the bottom of the list were Charlotte and Miami, which saw prices fall 2.5 percent and 2.1 percent, respectively, in July after posting a strong first half of the year.Also showing depreciation from June to July were Cleveland (-0.8 percent) and Washington, D.C. (-0.5 percent). Prices in Portland and Cincinnati were flat month-to-month.On a year-over-year basis, all markets but three experienced ongoing appreciation, with California and Florida metros leading the way. According to FNC, Riverside was at the top of the pack as the only market to above 20 percent growth. Following that were Sacramento (18.7 percent), Orlando (17.0 percent), San Francisco (16.8 percent), and Miami (15.8 percent).The only markets to report lower prices compared to last year were Cleveland (-0.5 percent), Cincinnati (-1.2 percent), and St. Louis (-3.0 percent). Those markets also happen to be the bottom three metros in terms of recovery in the last few years. According to FNC, St. Louis has made the least amount of progress in the past two and a half years, recovering only 1.7 percent. The city’s latest annual decline in prices marks the 11th straight drop, the company reported.In other news, FNC also reported a record low in both mortgage defaults and foreclosure starts. As of July, the company estimates completed foreclosures made up only 10.5 percent of total existing-home sales.At the same time, conditions remain favorable in the for-sale markets, with the average asking price discount coming in slightly above 2.0 percent and time on market averaging slightly more than 90 days. September 16, 2014 459 Views in Daily Dose, Data, Featured, Headlines, Newscenter_img FNC Inc. Home Prices 2014-09-16 Tory Barringer Sharelast_img read more

GLENDALE Ariz – Head coach Bruce Arians now in

first_imgGLENDALE, Ariz. – Head coach Bruce Arians, now in his third year with the Arizona Cardinals, meets the media each day during training camp.Here, in this space, we’ll highlight many of the key topics and personnel conversations he has with reporters following the morning walk-through.First though, Arians updated the two roster moves the team made with the addition of running back Chris Johnson and safety Anthony Walters.  Linebacker Zack Wagenmann was waived/injured after breaking his foot and needing another operation. Derrick Hall satisfied with D-backs’ buying and selling – / 45 “Yeah, Steve (Keim) has done a great job of having a list ready all the time, talking to the agents on what it’s going to take, what it’s going to cost and where the fit in.  Are they the right type of person—we do our homework for our locker room.  So, yeah, I give all the credit to Steve for that.”How do you find enough plays to keep everyone satisfied?“It’s not hard.  It’s a long season.  Once you get on the team, you accept your role and the role changes every week.  It’s nice to have backs that get a little bit tired, put your hand up because somebody just as good is coming in.”What is the situation at right tackle after Bradley Sowell worked with the first-team yesterday? “That’s just a precautionary thing.  He’s played left and right most of camp.  We need to get him some more right tackle snaps right now; he and D.J. (Humphries).  We just need to have depth at the right tackle.”Where do you weigh-in on the idea of trophies for participation?“I totally agree with James (Harrison).  I mean what do you get for participation, other than being a part of team and all the things you gain from being a part of a team.  You damn sure don’t get trophies for it.” The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Aren’t 30-year-old running backs considered over the hill?“I think that’s still a wives’ tale from years past, before the sports science and the training has gotten so much better for these guys.  It’s still usually a good barometer so we’ll wait and see where it’s at.”Was his addition because of the injuries suffered at that position?“We’ve had him on our radar for awhile, and it was just a matter of looking at other guys.  With the injuries, it obviously set David (Johnson) way back and Marion (Grice) way back.  We have seen Marion on tape, we know what he can to, but we don’t know what David can do.” Were you concerned with how he would fit here since he’s always been that No. 1 guy?“No, I had no problems with that.  Tom Moore was him in Tennessee and loved the kid.  As I put it to Jermaine (Gresham) and to Chris, you’re not promised anything other than you got a spot on the roster if you make the team.  You still got to make the team and then we’ll define your role on what you do on the field.  We don’t promise anything when we bring guys in.”Do you have a thought as to why this organization has been so successful signing players to one-year deals? Grace expects Greinke trade to have emotional impact Those players that will not practice today include cornerbacks Jonte Green and Darren Woodard, linebackers Shaq Riddick and Sean Weatherspoon, wide receiver Michael Floyd and offensive lineman Rob Crisp.“This list has really shrunk,” Arians said.  “Everybody else is full-go.  It’s nice to have everybody pretty healthy, especially going into this ballgame (against San Diego).  Hopefully we can keep them that way.“Thought yesterday’s practice was, again, a very efficient, fast practice but way too many penalties, still.  We’re still holding too much on offense and defense, grabbing shirts and beating ourselves in too many areas which we need to eliminate.  Other than that, it was a very good practice.”What do you see as the role for Chris Johnson?“It all depends on him.  Come in and compete for a job and see where it falls.  All roles are determined after the preseason.” Where is he physically and how much can he offer?“That’s what we’ve got to see.  I liked what I saw on tape last year; seen for him many, many years in a row.  We’ll judge that on the field.”What were some of the things you liked about him?“He’s a home run every time he touched the ball.  I mean he’s one of those guys that makes you hold your breath.  He’s also an excellent receiver, in and out of the backfield so he fits what we do.” Comments   Share   Former Cardinals kicker Phil Dawson retires Top Stories last_img read more