Housing Market Has Made ‘Good Enough’ Progress to Buy Now, Analyst Says

first_imgSign up for DS News Daily  Print This Post Subscribe The Week Ahead: Nearing the Forbearance Exit 2 days ago April 28, 2015 1,412 Views The CEO of the largest single private homeowner in the U.S. said that buying a home now is a “good investment” and that the recent gains the housing market has made are “good enough” for a buyer to invest in a home during a recent interview with CNBC.Speaking from the Milken Institute Conference in Los Angeles, Blackstone Mortgage Trust CEO Steve Schwarzman told CNBC on Monday that the housing market has been “coming back for quite some time” even though inventory is low and prices have not increased as much. For example, Black Knight Financial Services reported earlier this week a year-over-year median price gain of 4.6 percent for single-family homes in February.”We’re finding that that market continues to go up for the value of houses, although not at the same rate as it did, obviously, off the bottom,” Schwarzman said.Blackstone is the largest single private owner of residential homes in the U.S. with approximately 47,000 homes and about $90 billion in real estate assets. Schwarzman said his company is putting money into the housing market, although not as much as it was during the height of the financial crisis.”We’re only building about half of the houses we did at the top of the last cycle,” Schwarzman said. “People need to be in houses as immigration continues in the United States.”Schwarzman’s assessment of the housing market was similar to that of Tim Rood, chairman of the Washington, D.C.-based business advisory firm The Collingwood Group, who said in a recent interview on Westwood One Radio Network that now was a good time to invest in a home because of low interest rates and anticipated home value appreciation.”The leveraged return if you put down 10 percent on a house, the trajectory of appreciation lately is you’re going to get your money back inside of a year and then after that 5 to 10 percent appreciation rates,” Rood said. “It’s phenomenal.”The topic of the housing market and whether or not now is a good time to buy will be covered more in depth at the 2015 Five Star Conference and Expo, which will be September 16 through 18 at the Hilton Anatole in Dallas, Texas.Editor’s note: The Five Star Institute is the parent company of DS News and DSNews.com. Blackstone Mortgage Trust Homebuyers Housing Market 2015-04-28 Brian Honea Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Market Studies, News Housing Market Has Made ‘Good Enough’ Progress to Buy Now, Analyst Says Related Articles The Best Markets For Residential Property Investors 2 days ago Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. center_img Home / Daily Dose / Housing Market Has Made ‘Good Enough’ Progress to Buy Now, Analyst Says Servicers Navigate the Post-Pandemic World 2 days ago Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Previous: A2Z Field Services Promotes New President and CEO Next: Homeownership Down Below ’90s Levels; Vacancy Rate Little Changed Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Tagged with: Blackstone Mortgage Trust Homebuyers Housing Market Servicers Navigate the Post-Pandemic World 2 days ago About Author: Brian Honealast_img read more

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Philip Blackett tells teens what follows failure

first_imgWhat do you do when you fail?For Magnetic Interviewing founder and CEO Philip Blackett, the answer is captured in his motto, “Adapt & Flex.”Blackett, an M.B.A. candidate in Harvard Business School’s Class of 2016, crossed the river to meet with teens from the Cambridge Housing Authority’s Workforce Development Program. In a personal exchange with students on the Harvard campus, he shared an honest account of his journey to the Business School, offering moments of both laughter and silent reflection.The entrepreneur explained how resiliency and adaptability have been the cornerstones of his success. Blackett underscored the importance of agility in order to persevere despite unexpected obstacles — including, in his case, losing his first job and a failed first business.Teacher-counselor at Work Force, Ayesha Wilson (left), gathers with students at the John Harvard Statue. Kris Snibbe/Harvard Staff Photographer“Failing at something, at some point in life, is inevitable,” he said “But often it is on the other side of a ‘failure’ that we find our greatest victories, be it personally, academically, or professionally.” The challenge, he said, is getting to the other sideBlackett’s speech served as a catalyst for the Work Force students who participated in a series of programs at Harvard designed to bolster career exploration and college awareness. It was at the close of their February break that the 32 students convened in Annenberg Hall, where some of them had attended Project Teach, an educational program that has been bringing students to Harvard for more than 20 years.After lunch, students made their way to one of three academic presentations they had chosen. Among the selections were an engineering presentation with Kathryn Hollar, director of educational outreach for Harvard John A. Paulson School of Engineering and Applied Sciences; a look at history with Irvin Ibarguen, a Ph.D. candidate in history in the Graduate School of Arts and Sciences; and an introduction to the Hiphop Archive & Research Institute with Harold Shawn, the archive’s program director.A keynote Address is given by Philip Blackett, who shared his personal and professional trajectory that led him to Harvard Business School and eventually becoming founder of Magnetic Interviewing. Kris Snibbe/Harvard Staff PhotographerFollowing the presentations, students filled the lecture hall, quickly finding friends with whom to share their takeaways. A few showed the magic sand from the engineering discussion, while others showed off the graffiti stickers they’d received at the Hiphop Archive.In reviewing his day, Jeffte Bellevae, a freshman at Cambridge Rindge and Latin School, reflected on Blackett’s keynote, which inspired Bellevae to reconsider how he viewed success. “Though there are different roads to success, you still need the same skills of hard work and dedication to get there,” he concluded.A panel discussion, led by Harvard staff and students from Harvard College and the Graduate School of Education, underscored how positivity, resiliency, flexibility, and learning from others have been central themes in helping them shape their academic and professional experiences.As Blackett had noted at the onset of the day, failure is often unavoidable. But by the end, the students were once again reminded that victories may also be waiting for them on the other side.last_img read more

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Indian Army soldier bags Gold at Abu Dhabi Open Regatta 2019

first_img 10 months ago First ‘AI’ university launched in Abu Dhabi, could India be next? READ | Indian Army Foils Pak’s Plot By Destroying Live 120mm Artillery ShellsOther adventure initiatives taken by the Indian Army includes cycling. Earlier on October 10, the Indian Army organised a cycle expedition from Bakloh in Himachal Pradesh to Dugga in Jammu and Kashmir. The cycling route sprawled across a distance of 246 kilometers. The aim was to motivate youth to undertake adventure sports activities. Shloak Prabhu The Indian Army on Tuesday bagged yet another Gold Medal in adventure sports. Indian Army’s Havildar Mohit Saini won in the Abu Dhabi Open Regatta 2019. Saini displayed his skills in the Regatta’s yachting node. Havildar Mohit Saini displayed his skills in the yachting mode of the Abu Dhabi Open Regatta.READ | Pakistan Army Resorts To Shelling, Targets School Children Across LoCThe Indian Army Twitter handle shows visuals of the skills Saini displayed at the event. Here’s the tweet: WE RECOMMEND Last Updated: 22nd October, 2019 21:44 IST Indian Army Soldier Bags Gold At Abu Dhabi Open Regatta 2019 The Indian Army on Tuesday bagged yet another Gold medal in adventure sports. Indian Army’s Havildar Mohit Saini won in the Abu Dhabi Open Regatta 2019 READ | WATCH: Video Of Indian Army Destroying Pakistan’s Explosives AccessedFollowing his win, he was commended with the Gold medal. In addition, Twitteratti also lauded the army soldier for his participation in the event. Here are some tweets: LIVE TV First Published: 22nd October, 2019 21:44 IST READ | Republic TV Reports From Tangdhar, J&K Over Indian Army’s Strike READ | Watch: 9000 Youth Participate In Army Recruitment DriveOther adventure sports by Indian ArmyEarlier on Sunday, the Indian Army undertook a trekking expedition to Mt Trimukhi. The mountain is situated at an elevation of 6422m. After relentless efforts, the team reached the summit of Mt Trimukhi. Here are some visuals:center_img WATCH US LIVE 10 months ago Yuvraj Singh in final negotiations to join Abu Dhabi T10 League COMMENT SUBSCRIBE TO US 10 months ago World’s oldest pearl found in Abu Dhabi Written By FOLLOW US 10 months ago T10 League: Team Abu Dhabi launched with Moeen Ali as icon player 10 months ago Stephen Fleming: Delhi Bulls coach speaks on Abu Dhabi T10 Leaguelast_img read more

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