Word: area
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Granted, price-rent ratio is hardly the last word in predicting home prices. Economists who use these numbers (including those at Economy.com) take into account a lot of other factors when forecasting, like housing affordability, population trends and how incomes in an area are changing. Price-rent ratio is the quick and dirty way of doing it - but that also makes it more accessible. It's easy to look at a price-rent ratio of 21.7 in Miami, compare it to a 15-year average of 16.8 and realize the market still has quite a bit of room to fall...
...calculate the ratio, Economy.com starts with the median price of a single-family home sold in a particular metro area, using data from the National Association of Realtors. That number then gets divided by what the average apartment would rent for over the course of a year, a number generated by the real-estate-research outfit Property & Portfolio Research. Since each metro area has its own characteristics - there's a lot more land to build on in Oklahoma City than there is in Oakland, Calif., for example - certain pockets of the country have naturally higher price-rent ratios than...
...part of a growing movement among Catholics who reject their dioceses' reform plans and are waging campaigns to stop them. Churchgoers at St. Frances Xavier Cabrini in Scituate, Mass., have been occupying the sanctuary for more than four years--one of four such vigils in the Boston area. In New Orleans on Jan. 6, police raided two churches slated for closure, ending a nine-week sit-in; three resisting parishioners were led out in handcuffs...
...total, Bush has protected an oceanic area larger than Texas, a rare act worthy of praise in an administration with a dismal record of environmental stewardship—from refusing to sign the Kyoto Protocol to recently pushing through midnight regulations that allow coal-power plants to be built nearer to national parks. While it may be true that Bush “has done more to protect unique areas of the world’s oceans than any other person in history” as Joshua Reichert, managing director of the Pew Environmental Group, told the New York Times...
...area in which Turkey can contribute is by providing troops for a peacekeeping force in the Gaza Strip, where Western monitors might face hostility on the ground. "The military contribution is important," said the Western official. "Turkey has done a good job as part of military contingents in Lebanon and Afghanistan. Their ability to talk to all sides in the conflict [in Gaza] means they have real credibility, and as a NATO member they have a professional military, so [they] are well placed to be effective...