SCORECARD
National Housing Price Index 12 Month
Change - Single Family Detached, Top CBSAs as of
October 2008
- Riverside-San Bernardino-Ontario CA -
28.79%
- Oakland-Fremont-Hayward CA -28.55%
- Miami-Miami Beach-Kendall FL -27.34%
- Las Vegas-Paradise NV -26.56%
- Los Angeles-Long Beach-Glendale CA -
26.48%
- Cape Coral-Fort Myers FL -25.94%
- Phoenix-Mesa-Scottsdale AZ -23.19%
- San Diego-Carlsbad-San Marcos CA -
23.06%
- Fort Lauderdale-Pompano Beach-Deerfield Beach
FL -22.03%
- Orlando-Kissimmee FL -18.92%
- San Francisco-San Mateo-Redwood City CA
-16.28%
- Tampa-St. Petersburg-Clearwater FL -
16.13%
- Washington-Arlington-Alexandria DC-VA-MD-WV
-13.74%
- Honolulu HI -13.28%
- National Average -11.20%
- Chicago-Naperville-Joliet IL -10.32%
- Minneapolis-St. Paul-Bloomington MN-WI -
10.30%
- Seattle-Bellevue-Everett WA -9.40%
- Portland-Vancouver-Beaverton OR-WA -9.05%
- Detroit-Livonia-Dearborn MI -7.45%
- Boston-Quincy MA -7.39%
- Edison-New Brunswick NJ -5.34%
- New York-White Plains-Wayne NY-NJ -5.23%
- Cleveland-Elyria-Mentor OH -4.94%
- Charlotte-Gastonia-Concord NC-SC -3.93%
- St. Louis MO-IL -3.29%
- Atlanta-Sandy Springs-Marietta GA -3.14%
- Philadelphia PA -2.52%
- Salt Lake City UT -2.45%
- Denver-Aurora CO -1.86%
- Raleigh-Cary NC -0.88%
- San Antonio TX 1.39%
- Dallas-Plano-Irving TX 2.43%
- Houston-Sugar Land-Baytown TX 4.43%
- Austin-Round Rock TX 5.26%
Source: First American CoreLogic,
LoanPerformance HPI, Single Family Detached
Series as of October 2008
Grants
Improve Knowledge of American History!
Teaching American History Grant Program
- POSTED: 12/23/2008
- FUNDING SOURCE: Dept. of Education
- ELIGIBILITY: LEAs
- $ AVAILABLE: $50,000,000
- GRANTS AVAILABLE: 65
- MAX GRANT SIZE: $2,000,000
- DEADLINE: 1/22/09 (LOI); 3/9/09 (final)
- CONTACT INFORMATION:
http://edocket.access.gpo.gov/2008/E8-30554.htm
- DESCRIPTION: Grants to improve the teaching of
American History through professional development
for public school teachers.
Grants to Explore the Humanities in New
Ways!
America's Media Makers Development and
Production Grants
- POSTED: 11/25/2008
- FUNDING SOURCE: National Endowment for the
Humanities
- ELIGIBILITY: Nonprofit and public agencies
- $ AVAILABLE: N.A.
- GRANTS AVAILABLE: N.A.
- MAX GRANT SIZE: $75,000 / $800,000
- DEADLINE: 1/28/09
- CONTACT INFORMATION:
http://www.neh.gov/grants/guidelines/AmMediaMakers
_development.html
- DESCRIPTION: Grants to support media projects
that explore significant events, figures, or
developments in the humanities in creative and new
ways.
Economic Notes:
- International Business Confidence
- Another week and another new record low for
global business confidence. Business investment in
equipment and software and demand for office space
led the decline in sentiment last week. Hiring
intentions improved a bit, but remain consistent with
job losses of close to 500,000 per month in the U.S.
Businesses are equally pessimistic in North America,
South America and Europe, and while Asian business
confidence is not quite as dark, it is weakening
rapidly. Businesses have little pricing power. The
entire global economy is mired in recession
according to the business confidence survey
results.
- GDP
- The contraction in real GDP in the third quarter
was unrevised in the final report. There was an
annualized decline of 0.5%, the same as in the
preliminary report; this matched the consensus. There
were upward revisions to investment in nonresidential
structures and farm inventories, which were offset by
downward revisions to private nonfarm inventories
and investment in equipment and software. Profits
saw a small downward revision to $1.52 trillion, a
decline of $18.5 billion from the second quarter; this
compares with an estimated decline in profits of $14.6
billion in the preliminary report. Real GDP will contract
further over the next few quarters.
- Personal Income
- Personal income fell 0.2% in November, more
than expected, after increasing 0.1% in October
(downwardly revised from 0.3%). Wage income fell for
the second time in the last three months, driven by
large job losses. Spending fell 0.6% after falling 1%
the prior month, more in line with expectations. Real
spending rose 0.6% following five consecutive
declines due to falling prices. The core PCE deflator
was unchanged for the second straight month, while
the top-line deflator fell 1.1%. The saving rate rose to
2.8% from 2.4% in October.
- Durable Goods (Advance)
- New orders for manufactured durable goods fell
1% in November following an 8.4% decline in October.
This was the fourth monthly decline in new orders but
was a smaller than expected drop. Orders excluding
transportation were up 1.2% after three consecutive
monthly declines. Shipments fell 2.6%, the fourth
monthly decline in a row. Unfilled orders were down
by 0.6%, and inventories rose 0.5%. The inventories-
to-shipments ratio is the highest since the early
1990s.
- Jobless Claims
- Initial jobless benefit claims increased by 30,000
to 586,000 for the week ending December 20. This
included more first-time claims than expected. Initial
claims are very elevated from trends earlier in the
year, indicating persistent weakening in the labor
market.
- Existing-Home Sales
- Existing-home sales dropped from an annualized
pace of 4.91 million in October to 4.49 million in
November, a reading well below expectations and a
new cycle low. Because existing-home sales
measure contract closing, the November figures show
how demand responded to the intensification of
economic and financial problems that arose in
September. A large inventory overhang continues to
depress prices. Sales volumes will be supported by
more distress sales and lower mortgage rates, but it
is clear from this report that the hurdle to recovery is
high.
- New-Home Sales (C25)
- The housing market remains dismal. Sales of
new homes sank by another 3% m/m in November. At
407,000 annualized units, sales are as low as they
have been since January 1991. Further, Census
revised downward the October sales data. Months of
inventory remain elevated at 11.5, and the median
sales price is down by 12%.
- MBA Mortgage Applications Survey
- In the week ending December 19, the MBA
composite market index increased 48.0% to close the
week at 1,245.4. The increase in the refinance index
was even larger, gaining 62.6% to end at 6,758.6. The
purchase index increased 10.6% to 316.5. Both the
market and refinance index are well above year-ago
levels.
- Oil and Gas Inventories
- Crude oil inventories decreased by 3.1 million
barrels during the week ending December 19,
according to the Energy Information Administration, a
marked break from expectations for a mild increase.
Gasoline inventories increased by 3.3 million barrels,
strongly beating expectations. Distillate supplies
increased by 1.8 million barrels, exceeding the
consensus forecast for a 400,000-barrel increase.
This report shows evidence of weakening demand for
energy products.
- Natural Gas Storage Report
- Working gas in underground storage decreased
by 147 billion cubic feet during the week ending
December 19. The consensus estimate was for a
draw of 139 billion cubic feet.
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Greetings!
Housing Prices Index
Where does the Salt Lake area rank?
Best Wishes for a Terrific New Year
- Afgani - Saale Nao Mubbarak
- Afrikaans - Gelukkige nuwe jaar
- Albanian - Gezuar Vitin e Ri
- Armenian - Snorhavor Nor Tari
- Arabic - Kul 'am wa antum bikhair
- Assyrian - Sheta Brikhta
- Azeri - Yeni Iliniz Mubarek!
- Bengali - Shuvo Nabo Barsho
- Breton [Celtic Brythonic language] - Bloavezh Mat
- Bulgarian - ������� ���� ������
(pronounced "Chestita Nova Godina")
- Cambodian - Soursdey Chhnam Tmei
- Catalan - FELI� ANY NOU
- Chinese - Xin Nian Kuai Le
- Corsican Language - Pace e Salute
- Croatian Sretna Nova godina!
- Cymraeg (Welsh) - Blwyddyn Newydd Dda
- Czech - Stastny Novy rok
- Danish - Godt Nyt�r
- Dhivehi - Ufaaveri Aa Aharakah Edhen
- Dutch - GELUKKIG NIEUWJAAR!
- Eskimo - Kiortame pivdluaritlo
- Esperanto - Felican Novan Jaron
- Estonians - Head uut aastat!
- Ethiopian - MELKAM ADDIS AMET YIHUNELIWO!
- Finnish - Onnellista Uutta Vuotta
- French - Bonne Annee
- Gaelic - Bliadhna mhath ur
- Galician - [NorthWestern Spain] Bo Nadal e Feliz
Aninovo
- German - Prosit Neujahr
- Georgian - GILOTSAVT AKHAL TSELS!
- Greek - Kenourios Chronos
- Gujarati - Nutan Varshbhinandan
- Hawaiian - Hauoli Makahiki Hou
- Hebrew - L'Shannah Tovah
- Hindi - Naye Varsha Ki Shubhkamanyen
- Hong kong (Cantonese) - Sun Leen Fai Lok
- Hungarian - Boldog Ooy Ayvet
- Indonesian - Selamat Tahun Baru
- Iranian - Sal -e- no mobarak
- Iraqi - Sanah Jadidah
- Irish - Bliain nua fe mhaise dhuit
- Italian - Felice anno nuovo
- Japan - Akimashite Omedetto Gozaimasu
- Kabyle - Asegwas Amegaz
- Kannada - Hosa Varushadha Shubhashayagalu
- Kisii - SOMWAKA OMOYIA OMUYA
- Khmer - Sua Sdei tfnam tmei
- Korea - Saehae Bock Mani ba deu sei yo!
- Kurdish - NEWROZ PIROZBE
- Latvian - Laimigo Jauno Gadu!
- Lithuanian - Laimingu Naujuju Metu
- Laotian - Sabai dee pee mai
- Macedonian - Srekjna Nova Godina
- Madagascar - Tratry ny taona
- Malay - Selamat Tahun Baru
- Marathi - Nveen Varshachy Shubhechcha
- Malayalam - Puthuvatsara Aashamsakal
- Mizo - Kum Thar Chibai
- Maltese - Is-Sena t- Tajba
- Nepal - Nawa Barsha ko Shuvakamana
- Norwegian - Godt Nytt�r
- Papua New Guinea - Nupela yia i go long yu
- Pampango (Philippines) - Masaganang Bayung
- Banua - Pashto Nawai Kall Mo Mubarak Shah
- Persian - Sal -e- no mobarak
- Philippines - Manigong Bagong Taon!
- Polish - Szczesliwego Nowego Roku
- Portuguese - Feliz Ano Novo
- Punjabi Nave sal di mubarak
- Romanian - AN NOU FERICIT
- Russian - S Novim Godom
- Samoa - Manuia le Tausaga Fou
- Serbo-Croatian - Sretna nova godina
- Sindhi Nayou Saal Mubbarak Hoje
- Singhalese - Subha Aluth Awrudhak Vewa
- Siraiki - Nawan Saal Shala Mubarak Theevay
- Slovak - Stastny Novy rok
- Slovenian sre�no novo leto
- Somali - Iyo Sanad Cusub Oo Fiican!
- Spanish - Feliz Ano ~Nuevo
- Swahili - Heri Za Mwaka Mpya�
- Swedish - GOTT NYTT �R! /Gott nytt �r!
- Sudanese - Warsa Enggal
- Tamil - Eniya Puthandu Nalvazhthukkal
- Tibetian - Losar Tashi Delek
- Telegu - Noothana samvatsara shubhakankshalu
- Thai - Sawadee Pee Mai
- Turkish - Yeni Yiliniz Kutlu Olsun
- Ukrainian - Shchastlyvoho Novoho Roku
- Urdu - Naya Saal Mubbarak Ho
- Uzbek - Yangi Yil Bilan
- Vietnamese -Chuc Mung Tan Nien
- Welsh - Blwyddyn Newydd Dda!
Bob and Jon Springmeyer
Bonneville Research
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BONNEVILLE RESEARCH - Working with clients to make things happen! |
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BONNEVILLE RESEARCH
Bonneville Research is a Utah-based
consulting firm providing economic, financial, market
and policy research to public and private sector clients
throughout the intermountain west.
Helping Clients Succeed
Our services include:
- Financial Analysis
- Business License Studies
- Impact Fee analysis
- Urban Renewal & Redevelopment
Analysis and Budgets
- Strategy and Policy Analysis
- Economic and Fiscal Impact Analysis
- Statistical and Survey Research
- Public Sector Mission
Effectiveness
Each of our studies is tailored to address
the
unique needs of our clients and their
communities.
Successful client work requires a
superior team of
outstanding people working fluidly together.
Bonneville Research is the one firm with
the experience and expertise to help
businesses,
governments and nonprofit organizations
solve their
toughest problems.
We work to help clients achieve enduring
results
and improve the communities in which we
live.
If we can help, please call or email us at:
- Bob
- 801-364-5300
- [email protected]
- Jon
- 801-746-5706
-
[email protected]
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