Mixed feelings over M&S announcement

first_img Previous articleParents struggling to meet school costsNext articleOpinion – Game Over, Ball Burst 10/8/13 John Keoghhttp://www.limerickpost.ie Twitter Emma Langford shortlisted for RTE Folk Award and playing a LIVE SHOW!!! this Saturday Facebook #SaucySoul: Room 58 – ‘Hate To See You Leave’ NewsMixed feelings over M&S announcementBy John Keogh – August 8, 2013 602 TAGSM&SMusic LimerickParkway Valley Linkedin Advertisement Printcenter_img Celebrating a ground breaking year in music from Limerick New Music: 40Hurtz Watch the streamed gig for Fergal Nash album launch Email THIS week’s announcement that M&S is set to open a flagship store on the site of the former Parkway Valley development has generated varying reactions among the city’s public representatives and business community.Limerick Chamber welcomed the move, which it said would “contribute to an enhanced retail provision in the region and reinforce Limerick as the largest retail centre in the Mid West”.Sign up for the weekly Limerick Post newsletter Sign Up However, Chamber CEO Maria Kelly said that the right location for the retail chain would be in Limerick city centre.“It is important to highlight that any development in the Parkway Valley is subject to planning consent and we understand that significant hurdles need to be overcome before anything can happen.”“With all the positive developments that are happening in Limerick, Marks & Spencer are right to be looking at locating a flagship store here but the right strategic move would be for M&S to locate in the city centre.”Ms Kelly pointed out that until the recent plans to develop Arthur’s Quay were finalised, the city did not have a suitable location to accommodate the retail chain.She concluded: “Limerick is an up and coming city that is going through an exciting transformation, we have a new and engaged management team in our joint local authority and an ambitious economic masterplan that sets out a vision for Limerick to 2030.“Therefore the Chamber would welcome and invite M&S to review all viable and potentially more attractive city centre sites in informing their locational decision.”Retail Excellence Ireland said it was disappointed that the flagship store will not be in Limerick city centre.REI Chief Executive David Fitzsimons said he hoped that M&S would change its plans.He added: “There are significant plans in place to revive Limerick City, including the redevelopment of the Arthur’s Quay Shopping Centre which will provide adequate space for retailers requiring a large retail footprint.“Limerick, like many towns and cities, has experienced significant out of town development and a town and city centre first approach is a priority. Retailers like M&S would add greatly to the city retail mix and we very much hope that the retailer reconsiders their plans.”Meanwhile, city councillor Joe Leddin said the decision was “a massive vote of confidence in Limerick and indeed the Mid West region providing a massive boost to the retail sector”.Regarding its location, the Labour councillor believes that there is “a huge opportunity” to locate the 72,000 square foot site in the city centre.“The redevelopment of the city depends on private sector investment and now we have a multinational retailer committed to Limerick. The recently published GVA report identified the area around and including Arthurs Quay Park as a prime site totally underdeveloped.He concluded: “The problem with locating large retail operations in the city is the lack of suitably sized units or buildings. Securing agreement from existing landowners in partnership with City Council and private investors may present an opportunity to redevelop this area of the city.” #HearThis: New music and video from Limerick rapper Strange Boy WhatsApp RELATED ARTICLESMORE FROM AUTHORlast_img read more

Despite Federal Actions, Q1 Foreclosures Rise

first_img The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago April 15, 2021 1,747 Views Eric C. Peck has 20-plus years’ experience covering the mortgage industry, he most recently served as Editor-in-Chief for The Mortgage Press and National Mortgage Professional Magazine. Peck graduated from the New York Institute of Technology where he received his B.A. in Communication Arts/Media. After graduating, he began his professional career with Videography Magazine before landing in the mortgage space. Peck has edited three published books and has served as Copy Editor for Entrepreneur.com. Home / Daily Dose / Despite Federal Actions, Q1 Foreclosures Rise An analysis of Q1 foreclosures by ATTOM Data Solutions has found that there were a total of 33,699 U.S. properties with foreclosure filings—default notices, scheduled auctions, or bank repossessions—during the first quarter of 2021, up 9% from the previous quarter, but down 78% year-over-year.The Q1 2021 U.S. Foreclosure Market Report also shows a total of 11,880 U.S. properties with foreclosure filings in March 2021, up 5% over February 2021, but down 75% from March 2020’s totals, marking the second consecutive month with month-over-month increases in U.S. foreclosure activity.”The foreclosure moratorium on government-backed loans has virtually stopped foreclosure activity over the past year,” said Rick Sharga, EVP of RealtyTrac, an ATTOM Data Solutions company. “But mortgage servicers have been able to begin foreclosure actions on vacant and abandoned properties, which benefits neighborhoods and communities. It’s likely that these foreclosures are causing the slight uptick we’ve seen over the past few months.”Nationwide, one in every 4,078 housing units had a foreclosure filing in the first quarter of 2021. States with the highest foreclosure rates were Delaware, with one in every 1,705 housing units with a foreclosure filing; Illinois, with one in every 2,175 housing units; Florida, with one in every 2,237 housing units; Indiana, with one in every 2,397 housing units; and Ohio, with one in every 2,500 housing units.Lenders began foreclosure proceedings on 17,652 U.S. properties in Q1 2021, up 3% from Q4 2020, but down 78% year-over-year. States that saw the greatest quarterly increase in foreclosure starts and had 500 or more foreclosure starts in Q1 2021, included California (up 36%); Ohio (up 25%); North Carolina (up 15%); Virginia (up 11%); and South Carolina (up 10%).Lenders repossessed 7,320 U.S. properties through foreclosure (REO) in Q1, up 14% from the previous quarter, but down 87% from a year ago. The states with the greatest number of REOs in Q1 2021 were Florida (945 REOs); Illinois (610 REOs); California (414 REOs); Texas (370 REOs); and Arizona (330 REOs).And with emergency federal foreclosure protections eventually set to expire, the Consumer Financial Protection Bureau (CFPB) recently proposed changes to help prevent an impending wave of foreclosures.”The government’s foreclosure moratorium, and the CARES Act mortgage forbearance program have extended foreclosure timelines for owner-occupied homes by a full year,” Sharga said. “Hopefully, this extra time will give financially-distressed homeowners the chance to get back on their feet, and work with their lenders to avoid a foreclosure when the government programs expire.”The CFPB forecasts that if current trends continue, there may be nearly 1.7 million loans at least 90 days delinquent come September 2021. Foreclosures have an average cost to borrowers of at least $12,500, with neighboring homes also losing value, and sale prices dropping by 1%-1.6% after nearby foreclosure sales. ATTOM Data Solutions Foreclosures Q1 2021 U.S. Foreclosure Market Report RealtyTrac REOs Rick Sharga 2021-04-15 Eric C. Peck  Print This Post Despite Federal Actions, Q1 Foreclosures Rise Previous: Lipscomb to Lead Compliance Efforts at Homepoint Next: Legislation Introduced to Strengthen the Housing Credit About Author: Eric C. Peck Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Share Save in Daily Dose, Featured, Journal, News Tagged with: ATTOM Data Solutions Foreclosures Q1 2021 U.S. Foreclosure Market Report RealtyTrac REOs Rick Sharga Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribelast_img read more

Dear Future Mum – World Down Syndrome Day

first_imgA heart-warming message from 15 people with Down syndrome to a future mom. Don’t let the law in NZ be used to allow these precious lives to be aborted before birth.www.chooselife.org.nzlast_img