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May 26, 2020

Eels’ Jennings wary of old club

first_img‌Jennings is one of two former Panthers in Brad Arthur’s starting 17 with Suiaia Matagi set to line-up against his former club, while Eels forwards Siosaia Vave and Tepai Moeroa came through the Penrith junior system before moving on.”I was there when [Matt] Moylan and other guys like Dallin [Watene-Zelezniak] and Bryce [Cartwright] were coming through, they were young pups then so to see them shine and drive the Penrith team now is good,” Jennings said.The NSW State of Origin centre’s combination with flying winger Semi Radradra looked to click into gear against the Wests Tigers on Easter Monday, however there is still room for improvement with a number of opportunities going begging.”I think I’ve bombed two tries trying to give it to Semi, it just comes down to overthinking things but that’s my job to execute plays and I couldn’t do that on those occasions,” Jennings said.”It’s been a slow start [for me] and I’m getting a feel for the game. My involvement was something I wanted to work on, and getting some quality ball helped that.”I’m still learning… the day where I’m not is the day I’ll retire. For me it’s a challenge and to have Semi there I have to give him the ball.”Eels teammate Moeroa insists the Eels should be well aware of the Panthers’ mentality, staring down the barrel of four-straight losses – a position his side were in only a week ago.”They’ll throw everything they have at us, teams get desperate when you lose three in a row, they throw the ball around more so we will expect nothing less,” Moeroa said.”We played them in the trials and it was a real bash-up between both teams so it will be no different.”The rivalry is always good and it’s great for the fans to come out.”The Panthers have been boosted by the return of Bryce Cartwright from an ankle injury, but have lost Kiwi international James Fisher-Harris (shoulder) for the clash. And while it won’t be the first time Eels centre Michael Jennings lines up against his former club, the 29-year-old is yet to beat them in Parramatta colours and is keen to change that when the two sides clash on Saturday afternoon in the ‘Battle of the West’.The Panthers have never made the Telstra Premiership finals from a position of two wins and five losses, but the St Mary’s junior knows all too well that form goes out the window for the local derby at ANZ Stadium.”They’re still my old club and I have a soft spot for them but I’m a Parramatta boy now,” Jennings said of the Panthers.”[Penrith] understand the situation that they’re in so that makes it harder for us boys knowing that they’re going to have to win [to make the finals].”One more loss is really going to hurt them in terms of making the top eight.”‌last_img read more

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August 15, 2019

The Growing Divide Between Affordability and Availability

first_img in Data, Headlines, News Share February 17, 2017 557 Views The National Association of Realtors expects home sales numbers to grow this year, but at the expense of affordability. A new report by NAR and Realtor.com stated that existing-home sales could expand 1.7 percent in 2017, even though homebuyers at many income levels could see fewer listings on the market within their price range in the months ahead.NAR’s Affordability Distribution Curve (ADC) method looked at the number of listings considered affordable to those in a particular income bracket and applied an affordability score between zero and two. A score of one or higher generally suggests a market where homes for sale are more affordable to households in proportion to their income distribution.Reflecting a growing shortage of accessible inventory for most income groups, the entire ADC in January was below the equality line and the gap was generally wider at lower incomes, NAR reported. A household in the 35th percentile could afford 28 percent of all listings, a median income household (50th percentile) could afford 46 percent of listings, and a household in the 75th percentile was able to afford 74 percent of active listings.January’s overall affordability score was 0.97, down from 0.92 a year ago. NAR blamed swift price growth and higher mortgage rates. Nineteen states had a score above 1, and three‒‒North Dakota, Alaska, and Wyoming‒‒saw year-over-year gains in their score.Indiana (1.23) and Ohio (1.22) had the highest affordability scores in January. Iowa (1.18) and Kansas (1.17) were close behind, with Michigan and Missouri both reporting scores of 1.14.Hawaii had the lowest affordability score in the nation, coming in at 0.52. California, the District of Columbia, Montana, and Oregon all reported scores between 0.6 and 0.67.“Home prices have ascended far past wage growth in much of the country in recent years because not enough homeowners are selling and homebuilders have not boosted production enough to meet rising demand,” said Lawrence Yun, Chief Economist at NAR. “Amidst higher home prices and now mortgage rates, households with lower incomes have been able to afford less of all homes on the market last year and so far in 2017.”Jonathan Smoke, Chief Economist at Realtor.com, said that consistently strong job gains and a growing share of millennials entering their prime buying years is laying the foundation for “robust buyer demand in 2017.” Smoke added, however, that buyers with a lower affordable price are seeing heavy competition for the fewer listings they can afford.“At a time of higher borrowing costs, this situation could affect affordability even more as buyers battle for a smaller pool of homes and bid prices upward,” he said.Smoke said that as we head into the spring buying season, available supply is more reachable for aspiring buyers in the upper end of the market and in nearly all Midwestern states. Meanwhile, he said, many states in the West and South have seen deteriorating supply levels over the past year.“Buyers in these areas should know that it may take longer to find the right home at a price they can afford,” he said.Yun said that the shortfall of inventory at a time of healthy job gains in most states is one of the biggest reasons for the depressed share of first-time buyers and the inability for the homeownership rate to rise above its near-record low.“The only prescription to reversing this adverse situation is to build more entry-level and mid-market housing that aligns with current household incomes,” he said.center_img Data National Association of Realtors 2017-02-17 Scott_Morgan The Growing Divide Between Affordability and Availabilitylast_img read more

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