Six New Markets Rebound Fully in February

first_img April 25, 2014 671 Views Home Equity Home Values Homes.com 2014-04-25 Tory Barringer Share Six New Markets Rebound Fully in Februarycenter_img in Daily Dose, Data, Featured, Headlines, News The number of markets around the nation that have seen home values recover fully rose by six in February, according to data from Homes.com.The company’s February Local Market Index, released Wednesday, shows annual home value gains in all 300 of the country’s top markets. For the ninth straight month, California dominate the list of the top 10 markets, with Los Angeles leading the way at an appreciation rate of 25.8 percent over the last year.Based on the month’s gains, three more of the top 100 largest markets have now achieved a full price recovery as of February: Salt Lake City, Utah; Albany, New York; and Chattanooga, Tennessee. The addition of those three metros—plus three others in Missouri and North Carolina—brings the total number of fully recovered markets on Homes.com’s list to 98.In addition, nearly two-thirds of the top 300 markets nationwide have rebounded more than 50 percent from their lowest price points since the crash.“February’s rebound progress illustrates how home prices in most markets across the country are appreciating, even in the depths of winter,” said Brock MacLean, EVP for Homes.com. “This is unusual given harsh weather conditions in most markets, but a positive sign as we enter peak season.”With more areas recovering to full health and more homeowners returning to positive-equity positions, MacLean says there’s greater hope for consumers to sell or refinance as the market stabilizes.Most of the top rebounding markets in February were in the South, including six in Texas, two in Oklahoma, and one in Louisiana (the exception being Pittsburgh).On the other hand, nearly all of the markets with the worst rebound percentages were located in states that have struggled since the crash, illustrating how far they still have to climb; out of the bottom 10, six were in Florida, two were in California, one was in Nevada, and one was in Massachusetts.last_img read more

London England – Reported by Elite Traveler the

first_imgLondon, England – Reported by Elite Traveler, the private jet lifestyle magazineWhen Inger Klein Olsen assumed command of Cunard Line’s Queen Victoria on Wednesday, 1 December 2010, she made history by becoming the venerable shipping line’s first female captain.Captain Olsen’s first task at the helm of Queen Victoria was to take the ship, without passengers, to drydock in Hamburg for its planned refit. Next Wednesday, 15 December, she will be on the bridge as the ship sets sail with a full complement of guests.Forty-three-year-old Captain Olsen was born and raised in the Faroe Islands, which accounts for her maritime abilities, and she joined Cunard in 1997 as First Officer on board Caronia. In 2001 she transferred to the Seabourn fleet, which at that time was part of Cunard. She sailed on Seabourn Sun and Seabourn Spirit before being promoted to the rank of Staff Captain on Seabourn Pride in 2003.Following some years with other companies within the Carnival Corporation group, Captain Olsen returned to Cunard in August this year as Deputy Captain of Queen Victoria.“While we are far from being the first shipping company to have a female captain, it is nonetheless noteworthy when such a long-established British institution as Cunard makes a break with its captaincy tradition,” said Peter Shanks, president of Cunard. “But as Mark Twain drily observed, ‘the folks at Cunard wouldn’t appoint Noah himself as captain until he had worked his way up through the ranks.’ Inger has certainly done that,” Shanks continued, “and we are delighted to welcome her as our first woman driver.”Olsen will helm Queen Victoria during the ship’s debut Americas season, commencing from New York to Los Angeles on 13 January. During the first 17-day voyage, the ship will call on Ft. Lauderdale and Bonaire, transit the Panama Canal, and visit three ports in Mexico – Huatulco, Acapulco and Manzanillo – before arriving into Los Angeles on 30 January. Captain Olsen will take her leave on 13 February.Queen Victoria’s Americas season continues until 18 March, and features several transits through the Panama Canal, four calls to Los Angeles, two roundtrip voyages from Los Angeles to Hawaii, and one Getaway voyage to Mexico.Captain Olsen lives in Denmark.www.cunard.comlast_img read more