Posts Tagged ‘Growth’
REMI Released Statement on New Home Sales Growth Stops in October, Falls Slightly
REMI Released Statement on New Home Sales Growth Stops in October, Falls Slightly
San Diego, CA (PRWEB) December 02, 2012
The Real Estate Marketing Insider announced its opinions on news in Bloomberg that sales of new homes in October fell a small percentage, along with September sales numbers being revised down; REMI believes this is bad news for the market, and a sobering reminder that the market recovery is still fragile and that bubble conditions could occur easily.
A Commerce Department report showed that October sales of new homes nationwide numbered enough to set a 368,000 annual pace. September’s figure, revised down by 5 percent in the same report, set an annual pace of 369,000. This represents a drop in sales of about 0.3 percent, one of the only negative trends in home sales recently in a sea of surges. In addition, these sales figures disappointed most experts, who had predicted a median annual pace in October of almost 25,000 more homes than was reported.
While most economists believe that the housing market is continuing to recover despite this small setback, experts are also searching for reasons behind the stalled sales growth. Because this figure addresses sales of new homes only, it’s unlikely that the national shortage of existing inventory and real estate leads has had an effect.
However, it’s telling that in the Northeastern U.S., still reeling from the effects of October’s Hurricane Sandy, new home sales dropped by 32.3 percent. The storm has had many effects on the area; in addition to the predictable damage and economic stalling, it’s caused construction firms and contractors in the area to be called to two tasks: repair of existing structures, and replacement of destroyed structures (often paid for with insurance). This allocation of resources may have stalled new construction, thus slowing the sale of new homes. It’s also possible that the severe weather have caused new-home buyers doubts about purchasing in the Northeast, slowing growth by reducing demand.
The sales figure for existing and previously-owned homes carried better news, showing a 4.79 million annual pace. While this is generally considered a weaker barometer of the housing market than new home sales, it shows that the key factors in a healthy market – housing demand and availability of financing resuorces – are still in play, and assuages some fears about what the minor downturn in new sales might mean.
The Real Estate Marketing Insider issued a statement regarding news in Bloomberg that sales of new homes in October fell slightly, disappointing economists who had projected continued growth from September. Most economists are adamant that the recovery will continue, and this is not indicative of a coming slump in housing.
About the Real Estate Marketing Insider: Based in La Jolla, CA, REMI is an online journal providing real estate professionals with news, trend watches, and marketing tips.
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The Sycuan Casino Powers Growth for a Sovereign Indian Nation
The Sycuan Casino Powers Development for a Sovereign Indian Nation &#thirteen
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(PRWEB) November 10, 2011
“Higher than all else, Sycuan is a men and women,” says Daniel J. Tucker. “Unbelievably, our ancestors have lived in the San Diego region for virtually twelve,000 many years. We proudly pass down many time-honored traditions to keep our heritage and customs alive.” Tucker is chairman of The Sycuan Band of the Kumeyaay Nation and its one hundred thirty tribal members. They are living in the scenic Dehesa Valley around San Diego.
A Native American Indian tribe, the Sycuan defines its identity as an impartial, sovereign nation. It has a democratically elected federal government. The Sycuan people abide by tribal laws as well as state and federal laws. The Sycuan also diversify as a organization enterprise to make certain growth. “To date, the Sycuan Casino has been our most noteworthy economic good results,” Tucker allows.
Sycuan instances twenty,000 uniforms acquire to $ 28M renovation
“The Sycuan Band was extremely savvy with their uniform investment approach,” states Vanessa Barbarin, acquiring manager at Sycuan Casino. “The house is coming into a $ 28 million renovation. Designer uniforms for its whole crew will be an important element of the casino’s new picture. By timing the new uniform purchase with the somme casino renovation, visitors will see a fresh image the instant they stroll in the lobby.”
Sycuan just-in-time policy maintains no a lot more than $ 170K in uniforms stock&#thirteen
“Because of to the performance and accuracy of the RFID inventory tracking program we set up from InvoTech, we are ready to keep a just-in-time reorder method. We also make certain leading service to our group members,” Barbarin continues. “The system lifts the property’s asset control to a new amount. Positive aspects recognized in performance, productivity, and accuracy make Sycuan Casino a lot more lucrative.”
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One particular supervisor and three wardrobe attendants approach uniforms for 1,694 folks
Barbarin explains, “The department processes uniforms for a lot more than 1,six hundred individuals. That contains absolutely everyone from foods servers to table game titles dealers. Soon, we will handle the uniforms for the back of the home groups this sort of as, chefs, cooks, and other folks. And we do that with 1 supervisor and three wardrobe attendants. We use technological innovation, not guide labor, to handle our operation. This saves income for our company.”
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Sycuan’s productive employees processes 1000′s of objects in minutes with no information entry&#thirteen
InvoTech’s GIMS™ uniform tracking method utilizes ultra-high frequency viewers to scan and file details from RFID tags sewn into the new uniforms by our supplier,” states Barbarin. “The technology enables our wardrobe crew to scan hundreds of uniform objects at one time without hand sorting. We do not even enter knowledge into a laptop or computer. A mild flashes to verify the uniforms had been processed into the GIMS method. The personal savings in time and missing products goes right to the property’s bottom line.”
About Sycuan Casino&#thirteen
Sycuan Casino, open up 24 hours every single day of the yr with 2000 slot devices, forty three gaming tables, poker, bingo, live reveals and numerous dining options, is operated by The Sycuan Band of the Kumeyaay Nation. Found 30 minutes east of downtown San Diego in the scenic Dehesa Valley, Sycuan Casino’s mission is to refine the casino guest expertise via unparalleled services of the highest integrity in a helpful and entertaining surroundings. Eating venues incorporate an all-you-can-consume Paipa’s Buffet, Wachena Restaurant, Sunset Deli, Bingo Snack Bar, and the new GameDay Jeu Bar & Grill. The close by Sycuan Resort was voted San Diego’s favorite golfing training course 5 several years in a row by readers of the San Diego Tribune. For more details on the Sycuan Casino, please visit http://www.sycuan.com.
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About InvoTech Techniques
InvoTech Techniques, Inc. – a Microsoft Qualified Companion – is a leading provider of higher high quality and innovative inventory management techniques for lodges, casinos, resorts, topic parks, and sports activities arenas. The company’s GIMS™ asset management answer and tracking programs deal with uniforms, linens and laundries, and its SAMS™ systems control security and guest solutions functions. The two GIMS™ and SAMS™ provide greatest control and accountability, streamline operations, increase quality and loss management, and decrease labor. The GIMS™ ultra higher frequency, radio frequency identification (UHF-RFID) system, in specific, fully automates uniform and linen tracking, enabling managers to remove labor from cost centers and as an alternative place employees to function improving revenues. With a lot more than five hundred consumers around the world that incorporate MGM Resorts International, Ritz-Carlton Accommodations, Hyatt Hotels, Starwood Lodges and Resorts, Hilton Hotels, Universal Studios, and Madison Square Backyard, InvoTech Methods is rooted in a tradition that emphasizes long-term client relationships, superior buyer services, and on-likely technologies innovation and integration. For more details, make sure you pay a visit to http://www.invotech.com.
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©Copyright 1997-
, Vocus PRW Holdings, LLC.&#thirteen
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
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