first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Harvard: Affordability and Homeownership Back on Track Servicers Navigate the Post-Pandemic World 2 days ago Share Save in Daily Dose, Featured, Market Studies, News Household growth has returned to a normal pace, according to the State of the Nation’s Housing report from the Joint Center for Housing Studies of Harvard University. The study found that the economy is “finally back on track” after the weak household growth and sluggish construction recovery following the Recession.Household growth picked up to 1.2 million a year in 2016–2018, but new construction was still depressed relative to demand, with additions to supply just keeping pace with the number of new households. Homeownership is picking up as well, as the the US homeownership rate edged up in both 2017 and 2018, to 64.4%. According to the study, this translates into a 1.6 million jump in the number of homeownersNationally, affordability has picked up, but depending on the market, some potential homeowners may find that the price-to-income ratio is near peak levels. Price-to-income ratios are highest on the West Coast, where many metroes experience DTIs of 6.0 or higher.  Additionally, a rise in interest rates and home prices plus a tightening of credit, on top of the limited supply of entry-level housing, could put homeownership out of reach for many more households. The rental market, meanwhile, is on solid footing. According to the study, all rents rose at a 3.6% annual rate in early 2019, or twice the pace of overall inflation. Most of the declines were at the single-family rental level, and Harvard’s study notes that  even if homeownership rates continue to increase, low vacancy rates and shifts in the existing stock are likely to prevent a significant softening of rental markets.“In fact, weaker overall rental demand could help to ease conditions at the low end,” the study says. “With most new construction targeting the high end of the market, there has been some potential for excess supply to filter down to lower rent levels.” Home / Daily Dose / Harvard: Affordability and Homeownership Back on Track Affordability Economy HOUSING 2019-06-26 Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Counsel’s Corner: Trends and Challenges in Bankruptcy Next: Stanford University Offers $3.4B to Affordable Housing  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily Subscribecenter_img About Author: Seth Welborn Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago June 26, 2019 1,010 Views Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Tagged with: Affordability Economy HOUSING The Best Markets For Residential Property Investors 2 days agolast_img read more


first_imgPlaying one game for the Dodgers in June then being sent back to Triple-A, Schebler said, “makes you hungry. Because you’ve been up here, you’ve seen what you get to play in front of, who you get to play with, who you get to play against — it just makes you really, really hungry.”The night air in downtown San Diego was kind to hitters on both sides. Carl Crawford, Justin Ruggiano, Adrian Gonzalez and Chase Utley also homered for the Dodgers, who set a season high with five home runs in one game. Matt Kemp, Jedd Gyorko and Brett Wallace homered for the Padres. The eight total home runs tied a Petco Park record.Mike Bolsinger (6-3) got the win in his first major league start since July 29. He lasted five innings, walked two batters and struck out six. He pitched his way around a few mistakes – a performance that would’ve been typical during his solid three-month run earlier this season.Starting one day after trade-deadline pickup Mat Latos struggled against his former team, Bolsinger made a noteworthy case to replace Latos in the Dodgers’ September rotation.Will he at least get another start?“We’ll see,” Dodgers manager Don Mattingly said. “We’ll talk about it. We don’t have to make that decision now.”Mattingly stacked his lineup with lefties against the right-hander Shields. The only left-hander on the bench Friday was Ethier, who appeared briefly in the on-deck circle in the sixth inning with a right-handed pitcher, Marcos Mateo, on the mound.But when the Padres replaced Mateo with left-handed reliever Marc Rzepczynski, Mattingly subbed the right-handed hitting Ruggiano in for Ethier, who never saw a single pitch.Ruggiano came through with his first home run as a Dodger, a two-run blast that broke a 3-3 tie. The Dodgers scored three more runs in the sixth inning and never trailed again.Combined with the San Francisco Giants’ loss earlier in the day, the Dodgers took a 7 1/2-game lead in the National League West, their largest of the season.The Dodgers scored seven of their eight runs as a result of home runs. For the season, 46.8 percent of their runs have come as a result of homers, which is narrowly behind the 1956 Cincinnati Reds (47.1 percent) for the highest rate in National League history.Schebler got to keep his home run ball, which he says he’ll give to his father.It would take a special set of circumstances for Schebler to make the Dodgers’ postseason roster, particularly since right fielder Yasiel Puig is expected back by the time the playoffs begin. Schebler is at least making a strong case to remain on the Dodgers’ 40-man roster into next season and steal some at-bats against right-handed pitchers down the stretch.“As a lefty off the bench – you saw eight lefties in our lineup and you don’t have one sitting there — you’d like to still have one sitting there,” Mattingly said. SAN DIEGO >> A recent issue of Baseball America magazine sat on a table inside the visitors’ clubhouse at Petco Park on Friday. The cover declared 2015 the “Year of the Prospect,” and the only prospect pictured was 21-year-old Dodgers infielder Corey Seager.Rookie outfielder Scott Schebler, like Seager, was brought up to the Dodgers’ major league roster this week. Schebler hit his first career home run in an 8-4 win over the San Diego Padres on Friday, and also stole his first two bases.Unlike Seager, Schebler isn’t on any magazine covers. He even managed to dart over to his locker briefly, then dart out, without being approached by a reporter after the game.“I’d much rather have it that way,” Schebler said of his under-the-radar ascent. “Corey deserves everything he gets. I’m fine with it.” Newsroom GuidelinesNews TipsContact UsReport an Errorcenter_img Schebler almost wasn’t in the starting lineup.Andre Ethier fouled a ball off the inside of his right knee on Wednesday and finished out the remainder of that game, but couldn’t even taking batting practice the next day.On Friday, Ethier eventually made his way into the batting cage at Petco Park to take some hacks. Ultimately he never appeared in the game except for an appearance in the on-deck circle, and now has missed two straight games with a bruised knee.So Schebler started in right field for the Dodgers instead, his second appearance on a major league lineup card. His 444-foot solo home run off James Shields (10-7) gave the Dodgers a 3-2 lead in the third inning. He added a hard-hit single in the seventh inning, giving him three hits in nine at-bats to start his career. Not bad for a player who was hitting .241 at the time of his recall from Triple-A Oklahoma City.last_img read more