| |
Given the Pittsburgh region's slow pace of employment growth and declining population, it's not all surprising that the housing market is due for a slowdown. "The area's weak rate of household formation limits growth of housing demand, and higher mortgage rates have helped further soften demand growth," noted the August economic forecast for the seven-county region by the Economics Division of PNC Financial Services Group. PNC is projecting a 5.4 percent decline in housing construction for 2006 -- to 5,300 units versus 5,601 units last year -- based on its analysis of housing permit application data from the U.S. Census Bureau, according to Richard Moody, a PNC regional economist. That includes a drop of about 8 percent -- 4,300 units versus 4,672 units -- in the larger, single-family segment of the market covering Allegheny, Armstrong, Beaver, Butler, Fayette, Washington and Westmoreland counties.
RALEIGH - Hundreds of commercial real estate brokers and developers gathered outside GlenLake office park a couple of weeks ago to nosh on pulled pork, sip cold beer and listen to a band called Mr. Potato Head jam into the night.The hubbub was more than just the culmination of a six-hour bus tour of Triangle office buildings. It was another sign that landlords have recovered from the tech-bust, when new buildings and bus tours were rare, never mind festivities."There is finally something worth celebrating," said Jessica Brock, a Spectrum Properties broker. "It's been a good year."The festive mood is expected to continue as more companies come to the Triangle.But data released last week may have been a party pooper to some. During the three months ending Sept. 30, the Triangle office vacancy rate rose for the first time since 2004, according to a survey by Highwoods Properties.About 13.2 percent of the Triangle's offices were empty at the end of the third quarter, according to Highwoods, the Triangle's biggest landlord.
State police have charged a 42-year-old man from East Allen Township with arson for allegedly setting fire to the mobile home he lived in with his wife.
Jeffrey Lemmon of 152 Brentwood Circle was arraigned today on charges of arson, causing or risking a catastrophe and reckless endangerment. He was arraigned before District Judge Joan Marinkovits and is free on $20,000 unsecured bail.
.
HOOPER BAY, AK (October 23, 2006) - A fire that ravaged much of this small town on August 4 was the reason a parishioner of First Covenant Church in Mason City, Iowa, was headed to the cold tundra of Alaska. But the warmth and goodwill that was experienced over a three-week period was well worth whatever inconvenience that Bill Bowen may have encountered.Bowen was one of more than two dozen people involved in rebuilding the town of Hooper Bay after 14 homes, a store and the high school were destroyed last summer. In all, the group built five new homes for the village - population 1,100 - located in western Alaska on the Bering Sea. Bowen traveled to Alaska on September 14 and arrived home on October 10. His team worked from daylight (9 a.m.) until 7 p.m. six days each week, and the group invested an estimated 2,700 hours of volunteer labor during Bowen’s time in Alaska.Bowen’s trip was made possible through support provided by the church and individuals.
On November 26 would be the opening program at the BSU Strawberry View Park followed by a parade around the valley. Dumba ni Kavajo would entail three laps. The first lap on November 27 would take the route of Stockfarm-Ampasit-Longlong-Communal Forest-Tam-awan-Longlong National Road-Ampasit-Stock farm.The second lap on November 28 will follow the course of Stockfarm- Little Wangal-Big Wangal-Bineng-Kesbeng-Capitol. The third lap on November 29 will be Km. 12 Shilan - Lamut-Ambiong Tiptop-Ambiong Central-Lubas-Balili-Km. 4-Km 6 -Strawberry Fields-Stockfarm. Related events will be spread out during the five-day festival categorized as horse and non-horse events. Horse events include balloon bursting, pony express or bare back race, sack race, barrel racing, flag carrying, duck picking, javelin throw, and pole bending while the non-horse events will be wood chopping, horse shoe shooting, bull whipping, load carrying, tug of war, and arm wrestling.
|
|
