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Wednesday, March 23, 2011

New Home Sales Plummet in February 2011 further sign battered housing market slumping further

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New Home Sales Dive to Record Low

Wednesday, March 23, 2011
Link: www.nationaljournal.com
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The pace of new home sales plummeted to a record low last month, the Commerce Department reported Wednesday in a further sign that the battered housing market is only slumping further.

Sales fell 16.9 percent from January, delivering a shock to analysts who had expected a gain for last month. The seasonally adjusted annual rate of 250,000 homes sold marks the slowest pace recorded since the data series began in the 1960s.
Median sale prices fell 13.9 percent, which represents the sharpest one-month drop on record.
Wednesday's numbers for February were coupled with an upward revision in January's pace from 284,000 to 301,000 homes sold.

Overall, though, the bitter news seemed to cement a darkening picture of the housing market, and it follows closely on the heels of a disappointing 9.6 percent drop in existing home sales reported earlier this week.
Some analysts said the severity of the drop overstated the dire state of housing. Research firm Ticonderoga Securities said much of the decline was tied to bad weather in February and said it was "not overly concerned about today's metric."
"We note that Not Seasonally Adjusted (NSA) sales were flat sequentially in the West and South, which given the weather should be considered a minor victory," the firm wrote in an analysis reposted by Business Insider. "We believe the 57% decline in the Northeast and 27% drop in the Midwest illustrates the weather’s negative impact. Sales in the important South declined 6.3%, while the West dropped 14.7%."

In an analysis sent shortly before Wednesday's housing numbers were released, Goldman Sachs pointed to changes in building codes, among other factors, as less ominous explanations for the recent burst of bad data in recent days.



PLEASE NOTE: Here in Hermann Missouri, the City Board of Aldermen are in the process of updating and increasing  the city's building codes and raising fees.
ALSO NOTE: The Hermann  Board of Aldermen web page has not been updated since March 2, 2011!


 Below is copy & paste of their web site: Here is the link: BOARD OF ALDERMEN AGENDAS


Like any well-run business, the City of Hermann relies on people of goodwill working together for the benefit of all. Open lines of communication enable city officials to be responsive to the citizens they serve. Time is set aside at every board meeting for members of the public to express opinions and concerns.
Board
of
Aldermen


WARD 1
Ronald
Van Booven
E-mail:
ward1ald1@centurytel.net
John
Penning
E-mail:
ward1ald2@centurytel.net

WARD 2
Brian
Chorley
E-mail:  ward2ald1@centurytel.net

Dan
Wilson
E-mail:
ward2ald2@centurytel.net

Mayor of Hermann
Larry Miskel
E-mail:
hermannmayor@centurytel.net

City Administrator
E-mail:
cityhermann@centurytel.net


City Clerk
 Dolores Grannemann

City Attorney
David Politte
BOARD OF ALDERMEN AGENDAS
March 14, 2011 June 21, 2010 November 8, 2010
March 24, 2011 June 28, 2010 November 22, 2010
March 8, 2010 July 12, 2010 November 29, 2010
March 15, 2010 July 26, 2010 December 13, 2010
March 22, 2010 August 9, 2010 January  10, 2011
April 12, 2010 August 23, 2010 January  24, 2011
April 26, 2010 August 30, 2010 February 14, 2011
May 10, 2010 September 27, 2010 February 18, 2011
May 24, 2010 October 11, 2010 February 28, 2011
June 14, 2010 October 25, 2010 March 2, 2011
 
City of Hermann - 1902 Jefferson Street - Hermann, MO  65041 - 573-486-5400


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Shelby Winkelmann of Hermann, Eli Fleer of New Haven Recieve Postseason Accolades

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High School Basketball Postseason Accolades

jcovington
03/23/2011
www.klpw.com
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St. Francis Borgia Coaches Stacia Parsell and Dave Neier have been named Class 4 Coaches of the Year by the Missouri Basketball Coaches Association. In addition, players Jodie Klott, Ben Ruether and Bryce Dolan were named to the all state team. The Borgia boys took second place this year while the girls finished third.

Other local players named to the Missouri Basketball Coaches Association all state team.
Class 3
Shelby Winkelmann from Hermann
Brittany Harris-Conway-St. James
Class 2
Eli Fleer-New Haven


. Click Here to Read More.

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Hermann Mo News Adds ESPN Sports to Web Site

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In our efforts to bring Hermann, Missouri  and our World Wide Viewers more news options in ONE SINGLE NEWS SITE, we are pleased to offer the following ESPN3 gadget to our site.  You will find it's permanent location in the RIGHT HAND COLUMN of this site.


This ESPN3 gadget offers recent breaking sport stories (Mouse over the right hand side of the gadget to scroll thru the stories and then just click onto a story to link-up with it.  You can also click on "Watch Live Streaming Sports Online - ESPN3" at the TOP of the gadget and Watch full live streaming sporting events online on ESPN3, including football, baseball, cricket, soccer, and basketball events. 

We hope you enjoy this new feature on HermannMoNews.blogspot.com
.



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Yardsellr New Virtual Yard Sale Online - Hermann Mo News Offers Direct Link

You Can Find the Yardsellr Widget/Ad here on Hermann Mo News in the Right hand Column of the web page.


Yardsellr CEO Daniel Leffel and his team 
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Yardsellr offers virtual yard sale online

San Antonio Business Journal - by Donna J. Tuttle
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What if you could shop at a yard sale without leaving the warmth of your bed at 7 a.m.? What if you didn’t have to forage through piles of yellowed Tupperware containers and broken tortilla warmers to find the antique bracelet or crystal salad bowl for which you’ve been yearning?
Yardsellr, a new social commerce platform founded by a San Antonio native, operates as a virtual yard sale on Facebook.
Sellers list their wares at fixed prices in certain “blocks” or categories (of which there are 4,000) such as: art, jewelry, gadgets, etc.
Buyers can “like” these blocks on Facebook to receive a parade of items for sale directly in their Facebook news stream.
The most popular blocks are guitars, Star Wars collectibles and designer handbags.
So, for example, if you simply must have the Endor/Ewok Complete Galaxy playset for $7.50, you could “like” it, ask your friends to comment on it, and then — if the force is with you — snap it up from seller Larry Pitts in Mississippi.
As it turns out, women in their 30s make up the largest chunk of the platform’s customer base.
Unlike eBay, sellers do not pay a fee for listing their treasures. Yardsellr makes its money off the purchaser by charging a 10 percent “Yardsellr” slice. Buying involves a typical online credit card transaction. For example, a $9 ring would include $5.25 shipping and handling fee and a $1 Yardsellr for a total of $15.25.
“Yardsellr received early traction in San Antonio with great sellers like Evon Lopez and Yvette Casas — people who are making hand-crafted goods,” says Olivia Hine, spokesperson with Yardsellr. “We estimate though that there are over 50,000 people in San Antonio that have joined, or liked, Yardsellr blocks on Facebook.”
Often dubbed the eBay of Facebook without the auctions, Yardsellr was founded by former eBay employees. Yardsellr CEO Daniel Leffel, a former manager at eBay, was born and raised in the Alamo City. He graduated from Clark High School and attended, but did not graduate, from Trinity University.
Leffel’s mother, Anita Leffel, is an entrepreneurship professor at the University of Texas at San Antonio. You can find her on Twitter @anitaleffel.
Yardsellr fan count on Facebook has passed the 2 million mark across all categories. A new feature allows sellers to buy more traffic.
San Antonio seller Casas says she started using Yardsellr as a way to sell items from her husband Joe’s online retail store, Breannasstore2.com.
“We were having a hard time even building a Web site, so Yardsellr was an easy way to start getting some items out there,” Casas says. “We like the personal aspect of the platform because people can like certain categories and our merchandise will show up in their stream. Mickey Mouse is a strong category for us. We’ve sold a lot of jewelry, watches and other Mickey items.”
Yardsellr officials say that the Facebook platform offers sellers a unique “sales channel with a built-in community and a fun way for them to connect with real people via their Facebook profile.”


Yardsellr Mission Statement:

Yardsellr believes that people are natural born buyers and sellers. In the tradition of neighborhood garage- and yard-sales, we make it easy for you to list and sell, or find and buy whatever you want. Best of all, the buying and selling is done by regular people like you. That means you get great prices from folks you can trust within your network or within a friend's network. When you put something up for sale, Yardsellr will spread the word about your item within your online "neighborhood" - social and messaging networks like Facebook, Twitter and Google to start. (We'll be adding more ways to spread the word about what you have for sale, so stay tuned.) Yardsellr makes it easy to show your stuff for sale to potential buyers no matter where they are online. For the buyer, it's just as easy. Yardsellr knows that destination sites like Craigslist and eBay have become pretty crowded and hard to use. It's tough to know who you can trust and even harder to find great deals from everyday people. Our "For Sale" page is available anywhere online where a buyer is hanging out. And checkout is a breeze for buyers and sellers. Great deals are only a click or two away when you discover and buy with Yardsellr.
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