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Friday, May 1, 2015

Tesla Home Battery- Coming Soon

Storing electricity efficiently, inexpensively and safely is a problem that has vexed the power industry since electricity was first harnessed. But such storage has huge implications for bolstering the national electricity grid and reducing pollution from power generation.
Homeowners and businesses, for example, could charge batteries at night, when there is surplus generation and rates are cheap, and then use the power during the day, when there is a heavy load on the grid and rates are highest. -- Ben Lane in HousingWire http://www.housingwire.com/articles/33696-coming-soon-teslas-home-battery
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Foreclosure activity — which includes default notices, scheduled auctions and bank repossessions — rose 4% in March over the previous year’s total, according to a new report from RealtyTrac. The jump marked the first year-over-year increase in foreclosure activity since September 2010. -- Ben Lane in HousingWire http://www.housingwire.com/articles/33578-realtytrac-foreclosures-see-first-year-over-year-increase-since-2010
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Shared by Juwai, Chinese giant Dalian Wanda has started building its speculative $970MN development, Jewel on the Gold Coast, Australia

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Top five housing markets by Auction.com

http://www.housingwire.com/articles/33576-these-are-the-top-5-single-family-home-markets-in-america
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Nat'l Real Estate Post:
Congress has CFPB in its crosshairs! Bill HR 1275
http://thenationalrealestatepost.com/congress-has-cfpb-in-crosshairs/?
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Shared by Mirjana Jesensek

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The heart of the question, as one of the five put it, is that if a policy treats everybody the same, regardless of race, and there’s no intent to discriminate, can it still be labeled “discriminatory” if its results aren’t racially balanced? 
Well, of course not.
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Mortgage application activity fell once again as refinance volume dropped to its lowest level since September 2014, according to the Mortgage Bankers Association's Weekly Mortgage Applications Survey.
There was a 2.3% decline in application volume on a seasonally adjusted basis for the period ending April 24. The seasonally adjusted purchase index remained unchanged, while the refinance index plunged 4% during the same time span. -- Jacob Passy in Origination News
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Shared by Mirjana Jensensek, and AmiPlanet.  The Monastery of Tatev is located in Armenia. It is a 9th century monastery. It is near Tatev village in southeastern Armenia. Armenia is located between Eastern Europe and Western Asia near Turkey and Iran.

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The U.S. homeownership rate fell to the lowest level in more than two decades, extending a multiyear decline as rising prices and stagnant wages keep young families out of the property-buying market.
The share of Americans who own their homes was 63.7% in the first quarter, down from 64% in the prior three months, the Census Bureau said in a report Tuesday. The rate was the lowest since 1993, data compiled by Bloomberg show. -- Bloomberg News
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Economic growth in the United States is grinding to a near halt, with the first-quarter GDP estimate coming in at just 0.2%. -- Trey Garrison in HousingWire http://www.housingwire.com/articles/33718-us-economic-growth-just-about-grinds-to-halt
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Shared by Tina En.  Wat Rong Khun. Thailand.

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Obama: Here are 8 lucky communities chosen to build prosperity

Administration names new "Promise Zones"

--Brena Swanson in HousingWire

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