Considered one of the premium clay-shooting events here in Jamaica, today’s NCB Capital Markets Sporting Clays Open will feature an exciting and compact contest among Jamaica’s best. It will be staged at Woodleigh in Clarendon, which is adjacent to the Gun Range. Registration will open at 8 a.m., while Shotgun Start will be at 10.30 a.m. The entry fee is $1000, but ladies and juniors will enter free. Lunch will be provided. The competition involves Classes A to Hunters, Ladies, Juniors and Sub-juniors, who will be locked in their respective battles for titles, honours and bragging rights. “Each year, we all look forward to the NCB Capital Markets Sporting Clays Open with 16 interesting presentations,” said Khaleel Azan, Jamaica Skeet Club president. No doubt Azan said that a 60-80 feet articulated lift, sponsored by Zoukie, will provide shooters with international-type tower targets, while David Subaran will be providing scaffolding, enabling lower- tower type presentations. “Anyone that enjoys clay shooting should ensure that they are at this shoot,” stressed Azan. Many eyes will, no doubt, be on young Danzell Knight of Campion College, who is fresh off his first championship win and sub-junior Roman Tavares Finson of Hillel, who was runner-up in the junior inter-schools tournament recently. Meanwhile, David Subaran, who emerged top marksman at the recent Spectrum Systems Limited Sporting Clays to capture his first championship, will have to show his mettle against defending National Shotgun champion Christian Sasso, Bruce DuQuesnay, and Brett Thwaites.
Single-Family Rentals Boom in Markets Hit Hardest by Crisis August 9, 2016 517 Views Share Single Family Rental Market 2016-08-09 Seth Welborn Metro areas that experienced more foreclosures during the housing bust have seen a larger increase in the share of single-family homes that are rented, according to a recent report from Zillow. The increase in the share of single-family homes that are rented has shown to be most prominent in the Southwest United States.Zillow states that a growing share of single-family homes are now being rented, and by extension, more of the country’s rental market is now composed of single-family homes. The report states that for much of the 1980s and 1990s, the share of single-family homes that were rented hovered between 12 percent and 15 percent, with that share slightly decreasing during the housing boom years. Since the housing bust, though, the share has skyrocketed and has increased from 13.4 percent in early 2007 to 18.8 percent by early 2015.Similarly, for much of the 1980s and 1990s single-family homes accounted for roughly one-quarter of the country’s rental market. The report states that in spring 2007, single-family homes were 30.5 percent of all rental units but by spring 2015, they were 36.5 percent of all rental units.The increase in the share of single-family homes that are rented has been most predominant in metro markets in the Southwest. The report cites Las Vegas as having experienced the largest increase, rising 13.1 percentage points from 16.1 percent in 2005 to 29.1 percent in 2014. The report says that the next highest increase is attributed to Merced, California with a rate of 24.7 percent increased to 36.6 percent. Following Merced is Phoenix with an increase from 11.8 percent to 23.4 percent and Vallejo, California with an increase of 14.7 percent to 25.9 percent.Zillow attributes the large increase in rented single-family homes in the Southwest to the fact that Southwestern markets were hit very hard by the housing bust. When homeowners were foreclosed upon, millions of families looking for a place to live turned to renting the same kind of single-family homes they had previously owned prior to foreclosure. And Zillow says that during the years following the housing bust, investors purchased foreclosed homes and converted them to rentals in many of these hard hit communities to meet the new demand.Zillow’s research details the share of single-family homes that are rentals having increased more in the metros with the most foreclosure activity. They ranked metros by the intensity of foreclosures between 2009 and 2011, and then took the average of the share of single-family homes in those metros that are rentals. It was found that in the metros with the most foreclosure activity, the share of single family homes that are rentals increased 7 percentage points from 19.2 percent in 2005 to 26.2 percent in 2014. In contrast, the metros with the least foreclosure activity showed that the share of single-family homes that are rentals increased by 2.7 percentage points, from 10.1 percent to 12.8 percent. in Daily Dose, Data, Featured, News read more