What’s behind the housing market challenges in Indiana

first_img (Source: http://www.aag.com/ Terms: https://goo.gl/t0dOs4) The housing market is experiencing a shortage of houses along with higher demand from buyers with the pandemic playing a role.Yet, there has been a shift in the last year, said Greg Cooper, real estate broker for the Cooper Group in an interview with Inside Indiana Business.“What we have gone from is a fear of COVID, why people weren’t putting their homes on the market, to a true fear of oh my goodness, where am I going to go, my home’s going to sell in an hour and a half,” said Cooper. He said the conditions aren’t that different in markets around the state. “It’s really this way if you’re in Jeffersonville, South Bend, or wherever.”A recent report from F.C. Tucker Co. showed inventory in Central Indiana plummeted by 61.1% in March, compared to the same period a year ago, with home prices increasing 10.6%. Every county in the region saw home inventory decreases of 23.3 percent or higher, and 12 of the 16 counties had inventory decreases of 62.5% or higher.“A random township in central Indiana three years ago on April 1 might have had 200 homes for sale. Today they have 48. Basically, you have 100 people trying to buy 25 homes right now in most places in the state of Indiana,” said Cooper.Cooper urges you not to get discouraged if you’re a buyer.“Keep at it. Because if you can buy a home within the next few months to the latter part of the summer, a year from now we’re going to see the same thing and you’ll have put equity in your pocket. So be patient,” said Cooper.If you’re a seller, you’re facing a different kind of challenge. Cooper says it’s imperative that you get the details of the sale right.“You must understand how to structure the appraisal. You must understand all of the things that give you leverage. It’s best to put everything in a proper equation that gives you the most leverage and the safest path to a closing. It’s not as easy as it sounds,” said Cooper. Google+ By Network Indiana – April 14, 2021 1 166 Facebook Twitter IndianaLocalNews Facebook Google+ Twitter Pinterest WhatsApp Previous articleUPDATE: Silver Alert has issued for missing Warsaw man cancelledNext articleSt. Joseph County Council extends county-wide mask mandate Network Indiana Pinterest What’s behind the housing market challenges in Indiana WhatsApplast_img read more

E-waste levels surge 20 percent in 5 years: UN

first_imgTopics : According to the report, Asia generated the greatest volume of e-waste in 2019, with 24.9 million tons, followed by the Americas (13.1 Mt) and Europe (12 Mt), while Africa and Oceania generated just 2.9 Mt and 0.7 Mt respectively.Europe had the highest e-waste figure per capita.To put the numbers into perspective, 53 million tons is substantially heavier than every adult in Europe put together, or as much as 350 cruise ships the size of the Queen Mary 2.It equates to more than seven kilograms of e-waste for every human on the planet.The UN warned that e-waste contained a number of toxic substances known to be harmful to human health.  “Substantially greater efforts are urgently required to ensure smarter and more sustainable global production, consumption, and disposal of electrical and electronic equipment,” said David Malone, rector at the United Nations University and UN under secretary general.  “This report contributes mightily to the sense of urgency in turning around this dangerous global pattern.” Humans discarded more than 50 million tons of electronic waste last year — an increase of 20 percent in just five years — making tech refuse the world’s fastest growing waste problem, the United Nations said Thursday.In its annual report on e-waste — tossed away smartphones, computers, white goods and electronic car parts — the UN said that materials worth more than $55 billion (50 billion euros) were being wasted every year.In 2019 only 17 percent of the year’s 53 million tons of e-waste was recycled, with the rest ending up in scrapheaps or landfill.center_img With its unreclaimed deposits of gold, silver, copper and platinum as well as highly-prized rare Earth metals, non-recycled e-waste means more must be mined to equip consumers with new products.The report’s authors blamed ever-shorter device lifespans and a lack of recycling infrastructure for the ballooning e-waste problem. “E-waste quantities are rising three times faster than the world’s population and 13 percent faster than the world’s GDP during the last five years,” said Antonis Mavropoulos, president of the International Solid Waste Association.”This sharp rise creates substantial environmental and health pressures and demonstrates the urgency to combine the fourth industrial revolution with circular economy.”last_img read more

EPL: Liverpool beat Spurs, go six points clear

first_imgRelatedPosts England call-up for Maguire in spite of arrest, trial in Greece + Full squad Scholes urges Man U to target Kane over Sancho EPL: Harry Kane double dents Leicester’s top-four hope Liverpool came from behind to beat Tottenham 2-1 at Anfield and go six points clear at the top of the Premier League.Spurs made the perfect start when Harry Kane headed in from close-range after Son Heung-Min’s shot deflected off Dejan Lovren and hit the upright, leaving the England captain to nod home the rebound.Paulo Gazzaniga was in fine form in the Tottenham goal, denying Mohamed Salah, Roberto Firmino, Virgil van Dijk and Trent Alexander-Arnold as Liverpool looked in vain for an equaliser throughout the remainder of the first-half.From a tight angle, Son hit the crossbar three minutes into the second-half from a long Gazzaniga kick and should have doubled Spurs’ advantage.That miss came back to haunt Spurs on 52 minutes when Jordan Henderson’s left-footed shot saw Liverpool pull level.And the hosts pulled ahead with 15 minutes remaining when Salah converted from the penalty spot after Serge Aurier had fouled Sadio Mane.Tags: Harry Kanelast_img read more