Moonlight & Movies at Rosemary Beach!
06/14/2012 – 8:15pm
Bring the family, your chairs and blankets, and come out to Rosemary Beach for a FREE movie on the western green. “The Muppets” (PG).
Sponsored by The Merchants of Rosemary Beach
06/14/2012 – 7:30pm
For more information and to buy tickets:
Beach Safety.We are committed to helping locals and visitors stay safe while enjoying our beautiful beaches. The beach is such a wonderful place to relax. At the beach, life is beautiful and we slip into a state of mind where we feel comfortable, carefree, and secure. That’s what a vacation is all about!
However, the gulf waters can be dangerous and it’s important to always put safety first.
Flag Warning System – Current Flag Conditions are Posted at 9 a.m. and 1 p.m. Daily at www.swfd.org.
Seaside REP Presents “Beanie and the Bamboozling Book Machine”!
Beanie and the Bamboozling Book Machine
by Bob May, Christop
her Tibbetts and Roy C. Booth
Mondays May 21-August 13 @ 6:30pm
Beanie Boren, a science wiz who is not keen on reading, has designed a book reading machine for the science fair. Unfortunately, the machine is neither userfriendly nor bug free. When Beanie turns it on, lights flash, thunder booms and out pop the witches from Snow White, Hansel and Gretel and The Wizard of Oz, each set to wreak havoc! Beanie must get them back into the books with help from the good guys in the same stories.
Don’t forget blankets and low back chairs to enjoy the show! free admission.
The Bell Tolls for Housing
JUNE 5, 2012 | 1:40 PM EDT
CoreLogic’s April housing stats are consistent with my own view.
“We see the consistent month-over-month increases in home price indices as one sign that the housing market is stabilizing … home prices are responding to a restricted supply that will likely exist for some time to come — an optimistic sign for the future of our industry … home prices nationwide, including distressed sales, increased on a year-over-year basis by 1.1 percent in April 2012 compared to April 2011. This was the second consecutive year-over-year increase this year, and the first time two consecutive increases have occurred since June 2010. On a month-over-month basis, home prices, including distressed sales, increased by 2.2 percent in April 2012. This marks the second consecutive month-over-month increase this year … Excluding distressed sales, prices increased 2.6 percent in April 2012 compared to March 2012, the third month-over-month increase in a row. The CoreLogic HPI also shows that year-over-year prices, excluding distressed sales, rose by 1.9 percent in April 2012 compared to April 2011.”
— Anand Nallathambi, president, CoreLogic
I am of the firm belief that the U.S. housing market is embarking upon a durable multi-year recovery that is capable of being in place for most of this decade.
The recovery in the residential real estate market should be an important factor in a self sustaining domestic economic recovery.
Corelogic’s April housing statistics are consistent with my view.
Here are some of the month’s hightlights:
Including distressed sales, the five states with the highest appreciation were: Arizona (+8.8 percent), District of Columbia (6.4 percent), Florida (+5.5 percent), Montana (+5.4 percent), and Utah (+5.4 percent).
Including distressed sales, the five states with the greatest depreciation were: Delaware (-11.9 percent), Illinois (-6.8 percent), Alabama (-6.6 percent), Rhode Island(-6.2 percent), and Georgia (-5.6 percent).
Excluding distressed sales, the five states with the highest appreciation were: Utah (+5.3 percent), Idaho (+5.1 percent), Mississippi (+4.7 percent), Louisiana (+4.6 percent) and Arizona (+4.6 percent).
Excluding distressed sales, the five states with the greatest depreciation were: Delaware (-10.1 percent), Rhode Island (-6.2 percent), Alabama (-4.4 percent), Vermont (-2.8 percent) and Connecticut (-2.3 percent).
Including distressed transactions, the peak-to-current change in the national HPI (from April 2006 to April 2012) was -31.7 percent. Excluding distressed transactions, the peak-to-current change in the HPI for the same period was -23.3 percent.
The five states with the largest peak-to-current declines including distressed transactions are Nevada (-58.9 percent), Florida (-46.5 percent), Arizona (-46.5 percent), Michigan (-43.6 percent) and California (-41.0 percent).
Of the top 100 Core Based Statistical Areas (CBSAs) measured by population, 44 are showing year-over-year declines in April, 10 fewer than in March.