Top Five Cities Where Affordability Declined the Most, According to First American Real House Price Index

SANTA ANA, Calif.–(BUSINESS WIRE)–First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today released the September 2020 First American Real House Price Index (RHPI). The RHPI measures the price changes of single-family properties throughout the U.S. adjusted for the impact of income and interest rate changes on consumer house-buying power over time at national, state and metropolitan area levels. Because the RHPI adjusts for house-buying power, it also serves as a measure of housing affordability.

Chief Economist Analysis: Affordability Declines Nationally for Second Straight Month

“Affordability declined month over month in September for the second month in a row, even as two of the three key drivers of the Real House Price Index (RHPI), household income and mortgage rates, swung in favor of increased affordability,” said Mark Fleming, chief economist at First American. “The

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UAE’s top contractor Khansaheb Investment expands restaurant portfolio

Khansaheb Lifestyle, a wholly owned subsidiary of Khansaheb Investment, the UAE’s foremost family business conglomerate and the owner of the longest standing contractor in the UAE is expanding its restaurant portfolio with ‘ Trouvaille’, its own home grown concept, located in Jaddaf.

Trouvaille’s menu intertwines classic, gourmet and comforting French and Lebanese dishes.

Amer Abdulaziz Khansaheb, Managing Director of Khansaheb Investment, said: “We are extremely excited to be able to bring the concept of ‘Trouvaille’ to life drawing the core of its inspiration from the French Revolution when the abolition of the guild system and the downfall of the monarchy left celebrated chefs on the streets and made gourmet food accessible to the public.”

“The COVID-19 pandemic has fundamentally altered the restaurant industry. We believe our role as a local business is to contribute to our nation’s economic recovery post Covid-19 by investing across multiple sectors,” he added.

Trouvaille will

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Perdue Traded in Navy Contractor Stock as He Took Over Senate Armed Services Panel: Filings | Top News

WASHINGTON (Reuters) – Republican Senator David Perdue, who is seeking reelection in one of two U.S. Senate races in Georgia, bought shares in a Navy contractor just before becoming chairman of a Senate armed services panel in 2019 and then sold the stock at a profit, Senate records show.

A wealthy businessman, Perdue instructed his financial advisers to stop trading individual stocks in May after questions were raised in media reports about whether he used information learned in a closed-door Senate coronavirus briefing to benefit his investment portfolio.

Perdue said at the time he used an outside adviser to manage his finances and was not involved in day-to-day decisions.

Perdue became chairman of the Senate Armed Services Subcommittee on Seapower in mid-January 2019, which plays a key role in determining spending on the Navy.

In the six weeks before he took the panel’s helm, Senate financial records show that Perdue

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Two top officials won’t return following investigation of Omaha-area child welfare contractor | Local News

St. Francis holds a $197 million, five-year contract with the state to manage the care of abused and neglected children in Douglas and Sarpy Counties. The agency started taking over cases one year ago from an Omaha-based nonprofit that previously held the state contract. The transition was completed by Jan. 1.

Agency spokeswoman Morgan Rothenberger said previously that the St. Francis Ministries Board authorized the investigation, which was prompted by a whistleblower complaint and carried out by an independent consultant.

She said there had been no allegations of improprieties involving any children or families in care. But she declined to provide other details about the allegations and said the organization does not plan to release the report from the investigation. She said the board has not decided whether to turn over any information to law enforcement.

Rothenberger said the organization has kept Nebraska officials updated about the leadership change and

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Richard M. Weaver Bankruptcy Attorney Is Rated Top Among Debt Relief And Foreclosure Prevention Law Firms

(MENAFN – GetNews)

Dallas, TX – A lot of things can cause a person to lose their financial standing and stability. When such occurs, having the right information can make a world of difference. With many people battling growing debts and harassment from collection agencies and creditors, Richard M. Weaver Bankruptcy Attorney offers its services to help such people. They do everything possible to navigate the murky waters of debt by helping them to seek debt relief and preventing foreclosures on their property.

Richard M. Weaver Bankruptcy Attorney has a long history of helping the members of the Dallas, Texas community who are dealing with bad debt. The attorney has been successful over the years due to the unique approach to handling each case that comes into the law firm.

By taking a personalized approach to handling legal needs, Richard M. Weaver Bankruptcy Attorney has been able to deliver the

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Richard M. Weaver Bankruptcy Attorney Is Rated Top Among Debt Relief And Foreclosure Prevention Law Firms – Press Release

Dallas, TX – A lot of things can cause a person to lose their financial standing and stability. When such occurs, having the right information can make a world of difference. With many people battling growing debts and harassment from collection agencies and creditors, Richard M. Weaver Bankruptcy Attorney offers its services to help such people. They do everything possible to navigate the murky waters of debt by helping them to seek debt relief and preventing foreclosures on their property.

Richard M. Weaver Bankruptcy Attorney has a long history of helping the members of the Dallas, Texas community who are dealing with bad debt. The attorney has been successful over the years due to the unique approach to handling each case that comes into the law firm.

By taking a personalized approach to handling legal needs, Richard M. Weaver Bankruptcy Attorney has been able to deliver the best solutions and

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Inside Extraordinary Homes of the World’s Top DJs

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Traditionally, well-meaning parents have encouraged their kids to pursue careers in stable professions — medicine, law, finance, even technology. However, non-conformists might consider pointing their progenty to another, less conventional career path: DJ.

Their income limited only by their tolerance for massive amounts of time spent in airplanes and hotels, the world’s top DJs easily outstrip the earnings of the best doctors and lawyers, not to mention rockstars and Hollywood A-listers. In the pre-COVID days, they hauled in outrageous sums of cash, bouncing around the world with little more than a flash drive of party tunes and some carry-on luggage — then playing to cavernous venues where thousands of enthusiastic EDM fans pay sizable entry fees to party with like-minded souls.

For elite DJs, the punishment of life on the road is mitigated by perks offered by top nightclubs, including lucrative residencies where

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Keen interest in 5,795 BTO flats up for sale in five estates, Housing News & Top Stories

A total of 5,795 Build-To-Order (BTO) flats spread across seven housing projects in five estates were launched for sale by the Housing Board yesterday in the final sales exercise for the year.

Interest was so high that HDB’s website saw heavy traffic yesterday evening. Some flat applicants also faced issues when submitting their applications online.

HDB reminded the public that the sales exercise is on for a week until next Monday, and that successful applicants will be determined by a computer ballot, and not on a first come, first served basis.

The exercise’s biggest project is the Bishan Ridges, where 1,502 two-room flexi, three-room and four-room flats are on offer.

The site in Bishan Street 14 is next to the Kallang River and about 400m, or a five-minute walk, from Bishan MRT station.

Prices start from $374,000, without grants, for a three-room flat and $528,000 for a four-room flat.

Prices

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Canada Housing Squeeze: Buyers Moving up ‘Handcuffed’ by Hard-To-Sell Condos | Top News

By Nichola Saminather and Julie Gordon

TORONTO/OTTAWA (Reuters) – Eager to move his young family into a house with a backyard amid the pandemic, Dale-Paul Jordan listed his Toronto condo for sale last month and prepared to start bidding on detached homes.

But the condo didn’t sell or get a single viewing. And when another seller in the building slashed their asking price, Jordan and his wife pulled the unit off the market and decided to delay their dream until spring at least.

“One of the things we’re handcuffed to is selling our condo to help with the downpayment,” Jordan said.

The couple are among a growing cohort of would-be buyers in Canada keen to move up the property ladder, but are trapped by a flood of condos in the Toronto and Vancouver markets. The situation is only expected to worsen with a near-record number of new condos under construction.

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Home Depot Tumbles as Earnings Top Projections

The MarketWatch News Department was not involved in the creation of this content.

Nov 17, 2020 (Baystreet.ca via COMTEX) —
Home Depot (NYSE:HD) on Tuesday reported third-quarter earnings that beat estimates as consumers continued to focus on home improvement during the coronavirus pandemic and sales surged 24% from a year ago.

The home improvement retail giant said some of its temporary employee compensation programs that it implemented during the pandemic will become permanent wage increases, which will result in $1 billion of additional compensation expenses per year.

Home Depot previously said it had spent $1.3 billion through Aug. 2 on additional compensation costs due to Covid-19 in 2020. On Tuesday, it did not provide updated year-to-date additional compensation costs.

During the fiscal third quarter ended Nov. 1, Home Depot’s net income surged 24% to $3.43 billion, or $3.18 per share, up from $2.77 billion, or $2.53 per share, a year

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