Poison pill still a headache for BHP’s bid LLOYD PENGILLY AND ADAM BRETTJP MORGANOF ALL the raft of advisers licking their chops in anticipation at BHP Billiton’s $40bn bid for PotashCorp, it’s JP Morgan which is busy tucking the largest napkin under its chin.As lead financial adviser, JP Morgan is coordinating its efforts for BHP Billiton between London and the US.Leading the team on this side of the pond is one of the firm’s most senior bankers, Lloyd Pengilly, who was originally made one of the executive committee members when JP Morgan struck its joint venture with Cazenove back in 2004. Pengilly is joined by Adam Brett, the head of the EMEA metals and mining group, who is a particularly busy bee at present. He is also currently advising Vedanta on its proposal to acquire a majority stake in Cairn India for up to $9.6bn, confirmed just three days ago. Brett previously advised on the creation of the JP Morgan Cazenove joint venture before joining the UK firm in 2005. He also sits on the FSA’s Listings Authority Advisory Committee.BHP has also hired five further banking advisers – Toronto Dominion Securities, Banco Santander, Barclays Capital, BNP Paribas and Royal Bank of Scotland. More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org BHP BILLITON’s $40bn (£25.6bn) bid for PotashCorp could yet hit a hurdle because of the Canadian fertiliser giant’s “poison pill” defence, it emerged yesterday.BHP is waiting on the details of the shareholder rights plan implemented by PotashCorp on Tuesday, but the global miner could have to go to court to overturn the measure if its target does not play ball by retracting the plan voluntarily.The rights plan, a common defence against hostile bidders in Canada, allows PotashCorp to issue new shares to existing investors for a knock-down price if BHP builds up a stake of over 20 per cent in the open market.BHP chief executive Marius Kloppers played down the significance of the poison pill defence in a conference call yesterday, claiming that it is employed solely as a device to buy time for a target company to ensure any competing bids can come to the fore.“I believe that the time our bid will be in the market will be enough to satisfy the normal period of a shareholder rights plan,” he said.But PotashCorp stipulated that its plan would last for a minimum of 90 days – 30 days longer than the offer period earmarked by BHP Billiton.BHP suffered another setback yesterday as ratings agency Moody’s said it would put the firm’s A1 ratings on review for possible downgrade, citing concerns over the $43bn pile of debt funding to be raised by the company. KCS-content Tags: NULL Show Comments ▼ whatsapp whatsapp Share Wednesday 18 August 2010 8:05 pm
NICO Holdings Limited (NICO.mw) listed on the Malawi Stock Exchange under the Insurance sector has released it’s 2009 abridged results.For more information about NICO Holdings Limited (NICO.mw) reports, abridged reports, interim earnings results and earnings presentations, visit the NICO Holdings Limited (NICO.mw) company page on AfricanFinancials.Document: NICO Holdings Limited (NICO.mw) 2009 abridged results.Company ProfileNICO Holdings Limited provides products and services for general insurance, life insurance and pension administration in the corporate and private sector of Malawi; with interests in banking, asset management and information technology services. NICO Holdings Limited operates in Malawi, Zambia, Tanzania, Uganda, Mozambique and Zimbabwe. It was established in 1965, and was the first general insurance company to list on the Malawi Stock Exchange. Its general insurance division covers segments that range from personal accident and household insurance to construction, engineering, professional indemnity, marine hull and cargo, fire and loss of profits. NICO Holdings Limited also offers insurance for individuals and corporate clients which includes endowment assurance and savings protection. The company has a corporate banking division offering standard products and services, aswell as solutions for foreign exchange, investment management and women business programmes. NICO Holdings Limited has invested in providing technology services to clients, including software and Internet systems and communication solutions, card technology and surveillance systems. NICO Holdings Limited is listed on the Malawi Stock Exchange
Les Gaz Industriels Limitée (GIL.mu) listed on the Stock Exchange of Mauritius under the Chemicals sector has released it’s 2013 interim results for the half year.For more information about Les Gaz Industriels Limitée (GIL.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Les Gaz Industriels Limitée (GIL.mu) company page on AfricanFinancials.Document: Les Gaz Industriels Limitée (GIL.mu) 2013 interim results for the half year.Company ProfileLes Gaz Industriels Limitée is based in Bell Village, Mauritius, and engages in the manufacturing, distribution and sale of industrial gases such as liquid and gaseous nitrogen in bulk, cylinders and welding electrodes in Mauritius and internationally. The company’s production line also include medical gases that are primarily used for medical purposes such as hospitals and clinics, these gases include oxygen, air, entonox, and nitrous oxide gases. In addition, Les Gaz Industriels Limitée offers industrial gas equipment comprising of regulators, cutting torches, flashback arrestors, and a selection of accessories and options in medical gas equipment, as well as welding and cutting services. Les Gaz Industriels Limitée is listed on the Stock Exchange of Mauritius.
Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Two FTSE 100 stocks I’d like to buy more of during this bear market Image source: Getty Images Enter Your Email Address “This Stock Could Be Like Buying Amazon in 1997” Simply click below to discover how you can take advantage of this. Edward Sheldon owns shares in Diageo and St. James’s Place. The Motley Fool UK has recommended Diageo. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Shares I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. The bear market that we’re in is likely to throw up some amazing opportunities for long-term investors. In the days and weeks ahead, volatility could remain high. But those buying stocks while share prices are low should be rewarded in the long run.With that in mind, here’s a look at two FTSE 100 stocks I’d like to buy more of while the market is depressed.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…DiageoOne stock I definitely want to buy more of in the current bear market is the world’s largest spirits maker, Diageo (LSE: DGE). Diageo owns a fantastic portfolio of brands including Johnnie Walker, Tanqueray, and Smirnoff. In my view, DGE is one of the most attractive stocks in the entire FTSE 100. It has a brilliant long-term track record of 21 consecutive dividend increases. It also has an attractive growth story, as it’s poised to benefit from the rising level of wealth in emerging markets.I do expect the coronavirus to impact Diageo, given that bars and pubs in many countries have been closed. Rival Pernod Ricard – the world’s second-largest international spirits maker behind DGE – warned earlier this week that it is likely to take a hit of around 20% to its current operating profit.However, I believe the setback will be temporary. Eventually, we’ll get through this challenging time, and alcohol sales will pick up again. Importantly, the long-term growth story associated with the aspirational nature of emerging markets consumers remains intact.Diageo shares fell to near 2,000p earlier this week, a level not seen since 2016. At that price – which equates to a trailing price-to-earnings ratio of less than 16 – I think the stock is a steal. I’m hoping it falls back to those levels again so I can add to my position at a bargain price.St. James’s PlaceAnother FTSE 100 stock that I’d like to add to in this bear market is wealth manager St. James’s Place (LSE: STJ). Like Diageo, it has a great long-term track record, having registered 16 consecutive dividend increases. It also has an attractive growth story – demand for trusted face-to-face financial advice should remain strong in the years ahead as the UK’s Baby Boomers retire and access their pensions.The recent stock market crash to impact near-term profits at St. James’s Place, as the company’s fees are linked to the size of its clients’ portfolios. The current UK lockdown is also likely to have a negative effect on the group’s ability to generate new business. This will certainly be a setback for the company in the short term. However, I do not expect the coronavirus outbreak to have a long-lasting impact on the company. If anything, the elevated stock market volatility we have seen recently could increase demand for trusted financial advice.STJ shares have taken a beating recently in the stock market crash, falling from near 1,200p to around 750p. At that level, which equates to a trailing P/E ratio of less than 15, I believe there’s a lot of value on offer for long-term investors. Edward Sheldon, CFA | Thursday, 26th March, 2020 | More on: DGE STJ I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. See all posts by Edward Sheldon, CFA
TAGSFriday the 13ththeconversation.com Previous articleOrange County budget workshops begin next weekNext articleThe Orange County Clerk of Courts may have money for you Denise Connell RELATED ARTICLESMORE FROM AUTHOR By Kylie Sturgess, Tutor and Researcher Radio Broadcasting, Murdoch University and first published on theconversation.com.Of all the days to stay in bed, Friday the 13th is surely the best. It’s the title of a popular (if increasingly corny) horror movie series; it’s associated with bad luck and it’s generally thought to be a good time not to take any serious risks.Even if you try to escape it, you might fail, as happened to New Yorker Daz Baxter. On Friday 13th in 1976, he decided to just stay in bed for the day, only to be killed when the floor of his apartment block collapsed under him. There’s even a term for the terror the day evokes: Paraskevidekatriaphobia was coined by the psychotherapist Donald Dossey, a specialist in phobias, to describe an intense and irrational fear of the date.Unfortunately, there is always one Friday 13th in a year, and sometimes there are as many as three. Today is one of them – and another comes in July. But no matter how many times the masked killer Jason Voorhees from Friday the 13th returns to haunt our screens, this fear is in our own minds rather than any basis in science. One study did show a small rise in accidents on that day for women drivers in Finland, but much of the problem was due to anxiety rather than general bad luck. Follow-up research found no consistent evidence of a rise in accidents on the day, but suggested that if you’re superstitious, it might be better not get behind the wheel of a car on it anyway.The stigma against Friday 13th likely comes from a merging of two different superstitions. In the Christian tradition, the death of Jesus took place on a Friday, following the presence of 13 people at the Last Supper. In Teutonic legend, the god Loki appears at a dinner party seated for 12 gods, making him the outcast 13th at the table, leading to the death of another guest.E lsewhere in the world, 13 is less unlucky. In Hinduism, people fast to worship Lord Shiva and Parvati on Trayodashi, the 13th day in Hindu month. There are 13 Buddhas in the Shingon sect of Buddhism, and there is mention of a lucky 13 signs, rather than unlucky, in The Tibetan Book of the Great Liberation.In Italy, it is more likely to be “heptadecaphobia”, or fear of the number 17, that leads to a change of plans. In Greece, Spain, and Mexico, the “unlucky” day is not Friday 13th, but Tuesday 13th.In China, the number four is considered significantly unlucky, as it is nearly homophonous to the word “death”. In a multicultural country like Australia, you may find hotels and cinemas missing both 13th and fourth floors, out of respect for the trepidation people can have about those numbers.The lure of superstitionSuperstitions were one of the first elements of paranormal beliefs studied in the early 1900s. While many are now just social customs rather than a genuine conviction, their persistence is remarkable.If you cross your fingers, feel alarmed at breaking a mirror, find a “lucky” horseshoe or throw spilled salt over your shoulder, you are engaging in long-held practices that can have a powerful impact on your emotions. Likewise, many students are now heading towards their semester exams. In the lecture rooms, they may take lucky charms such as a particular pen or favorite socks.In sports, baseballer Nomar Garciaparra is known for his elaborate batting ritual. Other sports people wear “lucky gear” or put on their gloves in a particular order. The great cricket umpire David Shepherd stood on one leg whenever the score reached 111. These sorts of superstitions are humorously depicted in the film Silver Linings Playbook. It’s interesting to note that it’s often the successful athletes who have these superstitions and stick to them.Lucky charms can make you feel good. Shutterstock.comOne key reason for the persistence of superstition is a psychological concept called a “discriminative stimulus”. An example of this is the gambler who notices he always seem to win when betting on “lucky 7”, and forgets all the times that same number has not been in his favor.Charms do work in a fashion. If you wear your lucky underwear and succeed enough, you will feel distressed that actually impedes your performance if you’re not wearing them. This then influences your performance – an “A” seems guaranteed because you walk in fully prepared.But if you’re feeling a little anxious this Friday, try to remember there’s nothing different about it to any other day. Save my name, email, and website in this browser for the next time I comment. LEAVE A REPLY Cancel reply Please enter your comment! Support conservation and fish with NEW Florida specialty license plate Please enter your name here The Anatomy of Fear Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 You have entered an incorrect email address! Please enter your email address here Share on Facebook Tweet on Twitter
Professional Fundraising launches fundraising management survey Tagged with: Management Recruitment / people Research / statistics Howard Lake | 5 December 2005 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Professional Fundraising magazine is researching the state of fundraising management across the UK and is asking readers to complete an online questionnaire.The magazine’s editor says that the survey is designed to help the magazine celebrate good practice, but also to highlight any aspects of fundraising management where there is distinct room for improvement.The survey is being conducted for the magazine by Frances Hurst, a management consultant working in the voluntary sector. She also has many years’ experience of working in fundraising management. Advertisement The survey addresses questions such as:* where does your department excel?* what you think are the key skills needed for a fundraising management role? * what is more important? Good people skills or fundraising expertise?* do we all need to do better or is UK fundraising management in a pretty good state?In addition the magazine wants to know why fundraisers really leave their jobs, not just what gets said at exit interviews. About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. 24 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis
Three quarters of New Year’s Honours go to ‘local heroes’ 115 total views, 1 views today Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis 116 total views, 2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 7 January 2011 | News Tagged with: Awards Recruitment / people Three quarters of those who received an honour in the 2011 New Year Honours List are “local heroes, who’ve undertaken outstanding work in their communities”, according to the Cabinet Office.Recipients of the MBE include Jane Howitt, a volunteer since 1988 for East Devon Audio-Description Service for blind and partially sighted people, who gives on average 20 hours a week to the charity; Ratilal Devchand Shah, a philanthropist and volunteer who has built relationships with different communities and faiths locally, nationally and internationally; and Dr Marjorie Ziff, who, with her late husband, has served the community in Leeds through her philanthropic and charitable giving. Julia Lever, the founder of CHASE children’s hospice, also received an MBE.Lord Wiedenfield received a GBE for his public service, most recently through his work to establish the Blavatnik School of Government at Oxford.SEE ALSO: How to nominate someone for an MBE or honourKnighthoods were give to Stephen Bubb, chief executive of ACEVO; social entrepreneur Alec Reed, who has used his own money from a successful business career to found a number of new charities and initiatives including The Big Give; and Vernon Ellis for his support of music, in particular through his work with the English National Opera.Giles Pegram, former Chair of the Institute of Fundraising and member of the Institute’s Convention Board and Standards Committee, was awarded the CBE. Joining the NSPCC as Director of Fundraising in 1979, he was instrumental in the charity’s 1984 Centenary Appeal, which raised £15 million, a record at the time in the UK for a capital appeal. He also worked on the Society’s major ‘full stop’ Appeal.Amanda McLean, Chief Executive of the Institute of Fundraising, said: “Giles is a shining example of a successful charity fundraiser. He has achieved a monumental amount, raising millions of pounds for a number of charities, notably NSPCC and Oxfam”.Of the 997 people recommended to The Queen for an award, 446 (45%) were women, and 7.6% came from ethnic minority communities.About 11% of honours were for work in education, 8% for health, business 14%, arts and media 7%, and science and technology 3%.The full honours list is published online.Image: MBE medal – www.defenceimages.mod.uk. Crown copyright – used under Open Government License. About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.
Facebook Twitter Previous articleHouse Democrats Kill Bill to Protect FarmersNext articleFood Insecurity: Could it Happen Here? Gary Truitt SHARE SHARE Wet Spring Will Sap NitrogenBret MinettWe begin another week with wet soil across Indiana. As a result nitrogen, loss may be accelerated. With corn yields being down last year, many growers were hoping there might be some residual nitrogen in the soil to help with this year’s crop. But thanks to a wet winter and spring that is not likely the case, according to Brant Minett with Becks Hybrids, “I am not so sure there is much nitrogen left, certainly in the nitrate form which is the form the plant most readily uses. This is also the form that most quickly goes away under wet conditions.” He said growers should not make an assumption, but rather test their fields this spring. He warns that growers should not cut back on starter fertilizer this spring, even if they feel they have a good supply of N in the soil, “We also use starter fertilizer as a vehicle for some of our micro nutrients like sulfur, magnesium, and zinc; so if guys cut back on the starter, it might hurt his delivery of those micro nutrients.” More recommendations at the Beck’s web site. Minett warns, if you did a soil test last fall, the results may be much different than what you would find this spring, “If a guy has not done a test this spring, his test results from last fall are not very meaningful.” At some Beck’s PFR sites last fall, tests showed considerable nitrogen remaining in the soil, but tests this spring have shown very little is left.” Wet Spring Will Sap Nitrogen By Gary Truitt – Apr 28, 2013 Facebook Twitter Home News Feed Wet Spring Will Sap Nitrogen
EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS 2 recommended0 commentsShareShareTweetSharePin it Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Community News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Make a comment Name (required) Mail (required) (not be published) Website More Cool Stuff As part of its non-profit mission, Huntington Hospital provides significant benefits to the communities it serves, often in the form of free and part-pay hospital care for the uninsured and those with limited means. In 2015, Huntington Hospital provided a total of $101 million worth of health care services and support to residents of the greater Pasadena area.“Community benefits go beyond traditional care provided in the emergency department, operating room, or in a hospital bed,” said Stephen A. Ralph, president and chief executive officer, Huntington Hospital. “It is our responsibility and honor to provide these services to anyone who walks through our hospital doors.”These community benefits include:• Charity care for those patients unable to pay. Charity care also includes the hospital absorbing the differences between the actual cost of the care and the amount of money received for patients covered by Medicare and/or Medi-Cal.• Health research, education, and training, including clinical research, graduate medical education programs, scholarships, and continuing education in nursing and many other disciplines.• Benefits directed at the community-at-large, such as seniors, other vulnerable populations or the underserved, and those suffering from specific diseases (such as heart failure). It also includes health screenings, community health fairs, flu shots, and charitable donations to others doing preventive work of care in the community.These benefits are described in detail in an annual Community Benefits Report submitted to the state each May. In addition to this traditional charity care, Huntington Hospital is now expanding its current Medi-Cal contract to include Managed Medi-Cal to further increase access to vital care.To review the complete 2015 Community Benefits report, please visit: http://www.huntingtonhospital.com/Resource.ashx?sn=HHBenefitsPlan2015About Huntington HospitalHuntington Hospital, www.huntingtonhospital.com, is a 625-bed not-for-profit hospital in Pasadena, California. We are named among the top hospitals in California and nationally ranked in two specialties by U.S. News and World Report. Learn more about us on Facebook at www.facebook.com/huntingtonmemorialhospital and on Twitter at @huntingtonnews. faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Top of the News Subscribe Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Your email address will not be published. Required fields are marked * First Heatwave Expected Next Week Business News Community News Huntington Hospital Provides Over $101 Million in Community Benefits Last Year From STAFF REPORTS Published on Tuesday, July 5, 2016 | 11:12 am Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Community News HerbeautyEase Up! Snake Massages Are Real And Do Wonders!HerbeautyHerbeautyHerbeautyYou Can’t Go Past Our Healthy Quick RecipesHerbeautyHerbeautyHerbeautyHe Is Totally In Love With You If He Does These 7 ThingsHerbeautyHerbeautyHerbeautyThese Fashion Tips Are Making Tall Girls The Talk Of The TownHerbeautyHerbeautyHerbeautyIs It Bad To Give Your Boyfriend An Ultimatum?HerbeautyHerbeautyHerbeauty5 Things To Avoid If You Want To Have Whiter TeethHerbeautyHerbeauty
May 29, 2018 2,197 Views Homebuyer Migration Trends in Q1 2018 Print This Post The Best Markets For Residential Property Investors 2 days ago About Author: Scott Morgan Tagged with: Buyers Cities destination Homebuyers Homeowners Homes HOUSING migration Residents sellers Buyers Cities destination Homebuyers Homeowners Homes HOUSING migration Residents sellers 2018-05-29 Radhika Ojha Previous: The State of Mortgage Lending and Servicing Next: Compromise Common Among Millennial Homebuyers In the first quarter of this year, residents of Denver and Seattle looked to Los Angeles as their new home, according to the latest Migration Report by Redfin.The report found that 20 percent of Denver residents and 12 percent of Seattle residents looked to Los Angeles. While movers from these cities cited a need to find less expensive living quarters in general, Redfin found that these residents were not moving to the city of Los Angeles proper. Rather, they were moving to the county, to more affordable markets like Riverside, in the Inland Empire.The move out of Denver is a sort of B-side to the migration to Denver just a few years ago. “Denver peaked at 40,000 net domestic migrations in 2015, meaning that many more people moved to Denver than left,” the report stated. “Looking ahead, we expect Denver to see a negative net migration, or a loss of residents, in the 2019 Census.”Meanwhile, in Seattle, the Census data reveal peak net domestic migration in 2016, but since last October, “more Seattleites are looking at homes elsewhere than the other way around,” the report stated.The ironic part is that almost half the residents of Eugene who looked at new homes in Q1 looked mainly to Seattle as their next market. Last year, 9 percent of Seattle residents looked elsewhere. The national average for outflow in Q1 was 24 percent.Phoenix was another top destination for both Seattle and Denver in the quarter. That city had the largest net gain looking to move to the area from elsewhere, Redfin found. Unsurprisingly, the interest in Phoenix had to do with affordability. The median home sale price in Phoenix was $257,000 in April. That compares to $415,000 in Denver and $580,000 in Seattle. “The rate of home-price growth in Denver and Seattle is staggering, with Denver up 64 percent and Seattle up 76 percent over the last five years—more than double the national growth rate of 37 percent,” the report stated. “They also both consistently hold the top spots for the fastest housing market, in terms of how long homes stay on the market. These competitive forces serve as a likely cause for the uptick in out-migration.” in Daily Dose, Featured, Market Studies, News Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Scott Morgan is a multi-award-winning journalist and editor based out of Texas. During his 11 years as a newspaper journalist, he wrote more than 4,000 published pieces. He’s been recognized for his work since 2001, and his creative writing continues to win acclaim from readers and fellow writers alike. He is also a creative writing teacher and the author of several books, from short fiction to written works about writing. Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily Home / Daily Dose / Homebuyer Migration Trends in Q1 2018 Demand Propels Home Prices Upward 2 days ago Related Articles The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Subscribe