The administration of School of Nations has revealed that fees are likely to be increased in the near future. This would make School of Nations the second privately run school to hike its fees, after Mae’s Schools recently announced a similar move.This announcement was made by the Director of the institution, Dr Brian O’Toole, who explained that with the growing economy and increased costs of production and services, the need has arisen to implement the increase. The fees currently been charged are also considered very low when compared to other institutions.School of Nations“It’s likely that we will review the fees, because if we want the best possible education, we charge at the moment $1200 (US). In international terms, that’s a very low figure. We want to make sure we offer it to as wide a cross section as possible,” he stated.Dr O’Toole further explained that the fees would not be hiked to an extent that would force students of the institution to leave. If the fees are increased, the director assured, students will still be able to complete their studies.Dr O’Toole added, “We’re going to look at making it a balance between ensuring we can get the best quality and making sure that we respect the reality of the pockets of Guyana.”Recently, Mae’s Schools hiked their fees by 40 percent, despite the Government’s removal of the 14% Value Added Tax (VAT) on education during the 2018 budget. As such, parents are in disapproval of this sudden increase.Dr O’Toole has reiterated that the fees being requested at the School of the Nations will certainly not be as much as 40 percent, as consideration must be given to not only the individuals from whose pockets the monies are extracted, but also the school’s perspective that approximately 60 students are presently studying through a scholarship.“Nations is looking at it. We will not increase fees by the extent. We will not increase our fees by 40 percent. For all the fancy cars you see in the car park, we have other people that walk here, people that come by bicycle, and they have enriched the school and we want to make sure that they stay, so we certainly aren’t going to price them out of coming,” the director said.The institution has revealed that with the growing population of over 3000 students, the school is looking to establish other centres in the North West District and in the Rupununi, to assist the other regions.
Northern Lights College students and staff will have three additional videoconference rooms linking the College’s three largest campuses. The three new videoconference rooms – one on each of the Dawson Creek, Fort Nelson and Fort St. John campuses – have increased to eight the number of videoconference facilities the College uses for delivering classes throughout the region. Presenters can send video and audio, PowerPoint presentations, images from a document camera, computer screens, and DVD and VHS video over the systems. Course materials are available inside the College’s online course delivery system (D2L), which is accessible from anywhere in the world. Funding for the videoconference rooms was approved by the College’s Board of Governors. The decision supports the College’s strategic plan initiatives of expanding delivery models for programming, and modeling environmental stewardship. NLC’s videoconference facilities are maintained by the Education Technology (Ed Tech) department. Two members of that department, John Royer and Mark Hanen, were nominated for a provincial award in 2008 for their efforts in promoting the use of educational technologies, such as videoconference, at NLC. Teaching over videoconference systems has been an incredible success at the College. NLC started using videoconference technology in 2004, delivering one class between the Fort St. John and Dawson Creek campuses. Today, NLC offers more than 20 classes by videoconference between Fort St. John, Dawson Creek, and Fort Nelson. Four rooms can be connected simultaneously. – Advertisement –
Pedro Porro pulled one back for Girona but any hopes of a comeback were extinguished when Marcos Llorente drove in for a 7-3 win on aggregate.Madrid join Barcelona, Real Betis and Valencia in the draw for the last four on Friday.Barca, who are chasing a record fifth cup success in a row, will be the ones to avoid but Santiago Solari’s team are gaining momentum, having won six out of their last seven games, with the resumption of the Champions League just around the corner.Benzema has been key to that run, the Frenchman scoring five goals now in three matches and even casting doubt on Gareth Bale’s place in the side.“I am sorry for those who only discovered Benzema last week,” Solari said afterwards.“Karim has been doing this for many years, he has great talent and is a team player. Although it’s true, he’s in a great run of form.”Bale has only just returned from a calf injury but was left out of the starting line-up, instead having to wait until the 67th minute to replace the in-form Vinicius Junior.Perhaps Solari was keen not to rush Bale back but Vinicius and Benzema combined well again for the second goal and there might be a reluctance to break up a burgeoning partnership.If Alex Granell’s free-kick had dropped into the far corner in the second minute, perhaps the contest would have been different but it clipped the crossbar and stayed out, much to the relief of Keylor Navas.The opening half an hour was lacking in spark but came to life when Benzema darted in from the right, used Dani Carvajal as a wall and drove a left-footed shot past Gorka Iraizoz.Marcelo should have doubled the lead after a brilliant Brazilian combination with Vinicius, who dragged the ball one way then the other into the full-back’s path. Marcelo nutmegged Marc Muniesa but failed to finish.Vinicius was involved in Benzema’s second too, weaving in from the left and rolling inside. Benzema took one touch and curled it low, inside the far post.Lucas Vazquez should have made it three after half-time but somehow managed to slice onto the post with the goal gaping.Bale came on and tested Iraizoz from range but Girona pulled one back when Porro nipped in behind and slid a finish under Navas with 19 minutes left.Porro rushed to collect the ball out of the net but the revival was short-lived. Llorente drilled a shot into the corner from 25 yards to keep Madrid’s resurgence rolling on.0Shares0000(Visited 1 times, 1 visits today) 0Shares0000Karim Benzema on his way to scoring twice in Thursday’s 3-1 win © AFP / PAU BARRENAGIRONA, Spain, Feb 1 – Karim Benzema fired Real Madrid into the semi-finals of the Copa del Rey on Thursday by scoring twice in a 3-1 win over Girona.Benzema was on target in the first leg too, a 4-2 victory at the Santiago Bernabeu last week, and he continued his brilliant burst of form with another pair at Montilivi.
4 4 A crucial eight daysThe next week could make or break Mourinho’s future as manager of the Blues – exit from the League Cup, defeat to Liverpool and a Champions League struggle could easily spell the end of his tenure.But can the Portuguese do it on a cold, wet Tuesday night in Stoke?Mourinho’s crunch week starts tonight, when his side travel the Britannia Stadium to face Mark Hughes’ Potters in the fourth round of the League Cup. Then Chelsea return to league action with a potentially tough match against Jurgen Klopp’s Liverpool on Saturday. Klopp will be looking for his first league win as Reds boss and victory at Stamford Bridge would not only be a timely boost for the much feted German, but could also seal Mourinho’s downfall.The following Wednesday, Chelsea play Dynamo Kiev in a crucial European tie, where a win will be vital for the Blues’ chances of advancing from Group G. Mess that up and the pressure will surely be intolerable. Five months ago Chelsea were crowned Premier League champions in a season in which they were unbeaten for their first 14 league games, losing just three matches all campaign. Now, just 10 games into the defence of their crown, the Blues have already lost five matches and trail leaders Manchester City by 11 points.If it’s a dire situation for a club of Chelsea’s stature, it’s an unheard of calamity for manager Jose Mourinho, who’s won eight league titles in 13 full seasons as a manager, finishing outside the top two just once in the past 13 years.Those are the facts, and they explain why Mourinho is teetering on the brink in his second spell at Stamford Bridge, but what exactly will it take for the Portuguese to leave Chelsea Football Club? We outline the possible scenarios… If the fans turn against himUp until now, Chelsea fans have by and large remained firm in their support of Mourinho. As you can see below, they are still backing the manager despite the bad results, rifts within the camp, television outbursts and everything else that has happened so far in a whirlwind season at Stamford Bridge.In 2012 fans held up a banner asking Jose to come home, with Abramovich duly fulfilling the supporters’ wishes. But once fans turn against their own there is rarely a way back for a manager, so if that happens soon, will that spell the end for Mourinho? 4 When a suitable replacement is foundIf Chelsea are seriously considering parting ways with a man who has provided them with so much success over the last decade, they surely must be confident of securing a top class replacement.Long-term target Pep Guardiola is again being reported as the man Abramovich wants as his next manager, but he may have to find a short-term suitor to take the reigns for the time being. Bayern Munich boss Guardiola is out of contract at the Allianz Arena at the end of the season and he would be unlikely to leave his post any sooner, should he agree to manage in west London. And even that is far from certain, with Manchester City also keen on the Catalan, and Bayern seemingly intent on keeping him in Munich.Atletico Madrid manager Diego Simeone is another target mentioned in the media and if the Russian oligarch wants to bring the Argentine on board, he would likely have to line up an interim manager, as he previously did with Guus Hiddink and Rafa Benitez, in 2009 and 2012/13 respectively.Avram Grant is current boss of Ghana’s national team in case you were wondering, Roman. Losing the dressing roomChelsea have a star-studded squad bursting with a variety of personalities. But too many of the players who were so influential in helping Chelsea to the Premier League title last season have gone missing this season, and Mourinho’s attempts to galvanise his squad have so far failed to do so.Worse than that, Mourinho has risked upsetting the applecart by dropping and publicly lambasting key players. He has already had high profile incidents this season involving John Terry and Eden Hazard, while there has allegedly been training ground rows involving Diego Costa and other team-mates.Reports in Tuesday’s newspapers suggest the Chelsea players already believe their manager’s departure is a case of when rather than if, so are they going to play for a manager they believe is on his way out? If he agrees to join another clubThe media has been full of speculation about the manager’s uncertain future and some outlets are reporting that Mourinho’s representatives have been in contact with Paris Saint-Germain, former club Inter and Monaco about taking over, and this may be the best option as a ‘mutual decision’, with Chelsea allowing him to leave.With ink still drying on the new four-year contract that he penned over the summer, sacking their boss could cost over £30million, which may be why Chelsea have held back up to now. Otherwise, it is unlikely Mourinho will leave for nothing and Chelsea will have to negotiate a hefty sum as part of a severance package and come to a ‘mutual agreement’, rather than a sacking. Further FA punishmentWith more disciplinary action from the Football Association pending, in addition to his recent suspended stadium ban and fine, Chelsea may have no other choice but to remove the 52-year-old from his position, as he could face further stadium bans and excessive fines.As well as having an effect on the team, it is more damaging publicity for Chelsea Football Club.If his outbursts against the FA, match officials or the media gets him into further trouble, do not be surprised if Chelsea decide enough is enough, on top of poor on-field performances. Abramovich rowThe main cause for his departure from the club in 2007 was a fallout with the Chelsea owner and, although that is water under the bridge (no pun intended), that relationship will surely be waning under current circumstances. Abramovich’s relationship with Mourinho had recently supposedly been better than ever, but the start of the 2015/16 season has seen a number of issues cropping up within the football club, from the Eva Carneiro fallout to dropping captain Terry, on top of the FA’s punishments and just three wins to leave them 15th after 10 games, losing more league games than the entirety of last season.In addition, Abramovich has sacked managers for much less in the past, according to former Chelsea player Tony Cascarino, who was speaking to Drive.What do you think it would take for Jose Mourinho to leave Chelsea? Share your thoughts by leaving a comment below Jose Mourinho
1 Burnley manager Sean Dyche has committed his future to the club by signing a new deal at Turf Moor. The highly-rated boss, 44, is the 11th longest-serving manager in the country having replaced Eddie Howe in October 2012. The former Watford boss guided the Clarets to the Premier League in 2014 and he has since been linked with a return to the top-flight when vacancies arise. Dyche told the club’s website: “The chairman, the directors and myself have been discussing the future of the club now for a while, because that comes first. “On the back of that there is my role and we agreed a short while ago to start talks on a new contract. I am pleased to say that is now agreed. It’s an improved situation for myself and hopefully the club as well.“We have been building something here for the last three-and-a-half years and there have been lots of good times and lots of changes. “We want more good times here and I want to be a part of that. I made it clear in the summer when there were lots of questions, and I make it clear again now that my view is to continue to try and improve and build what we do at this football club. “There are no guarantees forever because we all know the complexities of this game, but it’s safe to say that I am signing for a good reason and that is to be here and do well.” Burnley were relegated back to the Championship last May but they look on course for an instant return, as they sit third in the second tier, just four points off leaders Hull.Chairman Mike Garlick added: “I am absolutely delighted at this news. “We have been speaking about this for a few months and it was never in doubt and quite simple to get done. “I think what we have currently is the best manager in the Championship and what Sean and I really want is for him to be the best manager in the Premier League.” Sean Dyche
160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! WASHINGTON – Retired Army Lt. Gen. Ricardo Sanchez, the top commander in Iraq shortly after the fall of Baghdad, said this week that he supports Democratic legislation that calls for most troops to come home within a year. His comments come as welcome ammunition for the Democratic-controlled Congress in its standoff with the White House on war spending. This month, the House passed a $50billion bill that would pay for combat operations but sets the goal that combat end by Dec. 15, 2008. The White House threatened to veto the measure, and Senate Republicans blocked it from passing. The Pentagon on Tuesday said as many as 200,000 civilian employees and contractors will begin receiving layoff warnings by Christmas unless Congress approves a war-spending bill that President Bush will sign. “The improvements in security produced by the courage and blood of our troops have not been matched by a willingness on the part of Iraqi leaders to make the hard choices necessary to bring peace to their country,” Sanchez said in remarks to be aired Saturday for the weekly Democratic radio address. AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREPettersson scores another winner, Canucks beat Kings“There is no evidence that the Iraqis will choose to do so in the near future or that we have an ability to force that result,” he said. Sanchez added that the House bill “makes the proper preparation of our deploying troops a priority and requires the type of shift in their mission that will allow their numbers to be reduced substantially.”
Seniors & ReservesAllSportStore.com League Division 3 Round 18Gaeil Fhánada Seniors & Reserves v Naomh Bríd in Tria Locha this Sunday. Pairc Uí Shiail 1.30p.m. & 3:00p.m. Referees: James McGinley (Reserves) George Montgomery(Seniors).Come out and give our boys the encouragement and support they deserve for all important League games.Ádh mór buachaillí. ChampionshipReserve game called off as Carndonagh were unable to field.Gaeil Fhánada 3:13 v Carndonagh 2:07Our Seniors powered past Carndonagh but ultimately fall short. A superb second half performance from our Seniors ensured a comfortable victory against a dogged Carndonagh side. Results elsewhere mean we are safe in Intermediate for another year but won’t make the knockout stages. County minor Eoghan Carr contributed with 3 goals while there was a spread of scores across the rest of the team in what was an impressive performance.The concession of two very soft goals may be a cause of concern and is something the Gaels can focus on going forward. With results going against us it means we exit the championship without reaching the quarter finals for the first time in 4 years. However it was another positive performance from the Gaels and scoring 3-13 is always a sign of intent. Fanad can now focus on the league in an aim to guarantee Division 3 football for 2017. Fanad can also take heart with the number of goalscoring chances they created, 9 over the hour in what was a fine display of counter attacking play.Foireann Gaeil Fhánada: Brendan Friel, Kevin McGonigle, Paddy Heraghty, Frank Sweeney, Odhran Shiels, Cathal Martin, Ryan McGonigle (0-2), Shaun McElwaine (0-1), Michael Sweeney (0-1), Oisin Shiels, Seami Nanny Friel (0-3), Brian McVeigh (0-2), Eoghan Carr (3-0), Seimi Coshia Friel (0-1), Niall Carr (0-3). Subs: Conor McGonigle for Kevin McGonigle, Paul Coyle for Cathal Martin, Heraghty for Odhran Shiels.Senior Ladies Gleann tSúilí 3:07 Gaeil Fhánada 3:05.Our Senior Ladies were narrowly defeated by Glenswilly. The senior ladies suffered defeat by two points in Glenswilly in their final League game of the season. On reflection, it will be a game in which the ladies will rue missed opportunities as their wide count was considerably higher than the oppositions at the end. Glenswilly will now go forward to play Naomh Mhuire in the league final while the attention of the Fanad management will turn to the Shield Final, also against Naomh Mhuire.Foireann: Rosheen Mc Ginley, Eimear Mc Conigley, Orla Sweeney, Róisín Carr, Niamh Mc Devitt, Maggie Friel, Maríosa Friel, Aoife Mc Devitt, Rachel Sweeney (0:01), Orlaigh Carr, Hannah Shiels (0:02), Shauna Howe, Lauren Carr, Michelle Doherty (3:02), Caoimhe Walsh. Deirdre Friel for Aoife Mc Devitt.Minor boys make it three from three with win over TermonGaeil Fhánada 0:18 v An Tearmainn 1:11Our minors completed their championship group with a good victory over Termon at the Burn Road this evening. The lads overcame a tough challenge away to Malin last week and this victory along with an earlier one against Letterkenny Gaels means they topped their group with maximum points. Foireann: Oran Blaney, Bernard Martin, James Gallagher, Matthew Gallagher, Fergus Friel, Odhrán Shiels, Dan Little, Michael Shiels, Oisín Mc Fadden (0:01), Bernard Mc Gettigan (0:02) Paddy Carr (0:01) Sean Little (0:02) Darren Mc Elwaine, Eoghan Carr (0:12) Niall Shiels. James Kerr for J Gallagher, Shaun Kerr for N Shiels, Johnny Gallagher for M Shiels, Eoin Mc Gonigle.U16s through to County Final!!Gaeil Fhánada 2:14 v Naomh Muire 1:07.Good news from Convoy as our U16s cruised to the all County League Division 2 final. Report on facebook page. The U16 team secured their place in the Division 2 County League Final last Sunday evening after victory over Naomh Mhuire in the semi-final in Convoy.We wish them well against St. Nauls next weekend and hope that as many supporters as possible will turn out to give the lads the support they deserve. Ádh mór a ghasúraí!Foireann Eoin Mc Gonigle, James Sweeney, Michael Sweeney, Shaun Sweeney, James Howe, Darren Mc Elwaine (0:01), Johnny Gallagher, Fergus Friel (1:01), Ciarán Coyle, Shaun Kerr (0:01), John Friel (1:05), Mark Mc Ateer (0:04), Matthew Gallagher (0:02), Eoghan Mc Grenaghan. Odhrán Duffy for J. Howe, Liam Sweeney for S. Kerr, Ciarán Mc Devitt for E. Mc Grenaghan, Casey Poole for C. Coyle, James Mc Collum for J. Sweeney, Eoghan ShielsU13 boysGaeil Fhanada 1-9 – 0-11 St.MichaelsOur U13 boys made it two wins from two after a one point victory over a determined St.Michaels team yesterday evening. The game was played 13 a side with rolling substitutes to ensure game time for all our players. As we said earlier in the week, this panel is made up mainly of our U12 team but they are a very hard working and honest group of players who show everything that is good about the game.Foireann: Brian Gallagher, Aaron McConigley, Ciaran Sweeney, Hugh Rodgers, Conor McGarvey, Callum McAteer, Liam McGrenaghan, Conor Heraghty, Ronan McFadden, Cain Sweeney, Darren McAteer, Brandon Friel, Shaun Carr, Patrick Gallagher, Caolan Gibbons, Michael Gibbons, Shaun McDevitt, Cain Friel.Bord na nÓg Parish LeagueFinal of Gaeil Fhánada’s Bord na nÓg- organised Parish League, was held last Thursday September 1 st 2016. Congratulations and very well done to all those who organised and helped and especially to all the children who participated and enjoyed.ComhghairdeasA huge congratulations to our club referee Siobhan Coyle refereed the Senior ladies Championship final between Glenfin and Moville last Sunday in Naomh Padraig, Muff. This was a fantastic honour for Siobhan and we wish her the best of luck in the future!For full updates and match reports and photos please check out our Facebook page.Gaeil Fhánada Lotto Results.Numbers drawn were 01, 05, 07, 13, 19. Bonus:20.Congratulations to JACKPOT WINNER Susie Friel from Doaghbeg on winning €1,200!Bonus winner was Ann Ali. Next week’s jackpot starts again at €500. Support our Club while in with the chance to win €500!GAA News: Gaeil Fhánada to face Naomh Bríd this Sunday was last modified: September 7th, 2016 by Elaine McCalligShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:GAAGaeil FhanadaNaomh BridNotes
A serious weather warning has been issued for Donegal for later today and tomorrow, with damaging winds of up to 80 miles per hour being predicted.The so-called ‘amber’ warning came from the UK Met Office earlier today and is now being repeated by Met Eireann.And a spokesman for Irish Weather Online says the storm will be more like something from January – not late May! Said the spokesman: “It will become very stormy over the next 48 hours, especially later Sunday night and Monday. A potent storm center of around 980 hPa will develop and pass to the north of Ireland, bringing with it extremely strong winds and heavy rain, most severe in northern and western parts.“Sustained winds of up to Storm Force 10, with stronger gusts, will affect the northwest during Monday, but the rest of the country will not escape, with gales affecting most coastal areas.“With trees now in full leaf, there is a greater chance of them falling now than with a winter storm, as the force of the wind acts on a larger total surface area of the tree.“It would be prudent to also make sure that bbqs and other garden furniture are secured in advance or you may come home to find them in the neighbour’s garden, or further afield!” Last night the massive storm was building off the coast of Newfoundland in Canada.Much of Ulster and Connaught will feel these winds early Monday morning, with the strongest winds in Donegal and Derry later in the day.The website spokesman added: “Flights at Donegal, Sligo and Derry Airports will most likely be affected, so intending passengers should be on the alert for disruption.”* Send us your weather pictures to email@example.comSEVERE WEATHER WARNING AS STORM SET TO BATTER DONEGAL was last modified: May 23rd, 2011 by gregShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:donegaldonegal weatherdonegaldailystormweather
THE political fall-out from the Budget (part one) will continue today as part two is delivered by Michael Noonan – with tax rises for all.Donegal North East TD, Pádraig Mac Lochlainn has described the first part of the budget unveiled by the Government as “anti-jobs, anti-investment and downright unfair”.He also described news that Culdaff garda station is to close as “another attack on rural Donegal.” Deputy Mac Lochlainn told donegaldaily.com: “This budget is unfair, anti-jobs and anti-investment. The government already stated that it will cut capital budgets by €750 million including 90% of their contribution to the A5 dual carriageway so vital to Donegal. Now it will cut an additional €1.4 billion from public spending.“The government will shed 23,000 public sector jobs. They will take €1.6 billion out of expenditure in flat taxes. That will be €1.6 billion that will not be spent in shops, goods and services. It will cost jobs for our local businesses.“Over the past year, 1,800 businesses have been closed. In the last number of years 55,000 jobs have been lost in the retail sector. Since coming to power this government has stood over increased unemployment and emigration.“A government that promised so much has now been reduced to relying on emigration to keep down unemployment figures. Across Donegal, thousands of our young people have already left. So many chairs will be empty at the dinner tables of Donegal homes this Christmas. This government, like its policies, is not working. “That is a shame and a disgrace. The government had choices to make. It was elected to deliver change. The government says that jobs are a priority yet they are spending over 150 times more on one year’s Anglo Irish Bank promissory note than on job creation or training. It has decided to side with the bondholders and not local business. It has decided to continue with the failed policies of the past.”He said Sinn Féin has advocated a policy that would meet the deficit reductions and create growth and employment. The Government could have brought forward progressive policies. Instead it has taken even more money out of the economy and undermined growth, said the TD.Responding to confirmation that Culdaff Garda Station is to close next year, Deputy Mac Lochlainn said:”This is yet another attack on rural Donegal. If you combine the closure of Garda stations and cuts to garda numbers, cuts to rural transport, cuts to the councils roads budget, post office closures septic tank replacement costs, bed closures at nursing units and community hospitals and cuts to farmers incomes, we are witnessing the dismantlement of the community, public and physical infrastructure of rural Donegal and rural Ireland. Shame on this Government.”© 2011 donegaldaily.com, all Rights ReservedThe copying, republication or redistribution of donegaldaily.com Content, including by framing or similar means, is expressly prohibited by law. Follow us on www.twitter.com/donegaldailyFollow us on www.facebook.com/donegaldailySell anything on www.donegaldailyclassifieds.comTD MacLOCHLAINN SLAMS ‘UNFAIR’ BUDGET was last modified: December 6th, 2011 by BrendaShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:budget 2012DONEGAL Deputy Padraig MacLochlainn
VAN NUYS – Home prices in the San Fernando Valley remained at record levels during November even as sales fell from last year’s strong pace, a Realtors group said Friday. Last month, the median price for a previously owned home hit the $600,000 mark for the third time this year, jumping 21.2 percent, or $105,000, from a year ago and unchanged from October, said the Van Nuys-based Southland Regional Association of Realtors. The condominium median, the point at which half the units cost more and half less, soared 29 percent, or $88,500, to a record $393,500. These continued strong price gains are surprising since local market watchers anticipated single-digit annual appreciation rates to settle in this fall, said association President Jim Ezell. AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREBlues bury Kings early with four first-period goals That’s still the expectation. “I think we’re already heading for a market where we’re not going to see that strong of appreciation. It should be single digits by next year and that’s good for the entire market,” he said. Sales are off last year’s pace, something that’s not unusual for this time of year. During November, 972 properties changed hands, 10.5 percent fewer than a year ago, slipping 2.6 percent from October. There were 361 condo sales, down an annual 15.7 percent but just one fewer than October. At November’s end, the association had 4,141 properties for sale, up an annual 17.9 percent. That’s about a 3.1 percent supply at the current sales pace and a big improvement from summer’s scant supply. But it’s less than half the number considered necessary for a balanced market. Ezell notes that demand remains strong enough to keep the market from fading. “Waiting in the hope that prices might fall appears to be very foolish simply because that does not appear to be likely,” he said. That stance could mean that shoppers will end up paying 5 percent to 15 percent more than if they bought now, Ezell pointed out. John Karevoll, an analyst at DataQuick Information Systems, said the Valley market reflected all of Los Angeles County in November. And not much change is likely. “We definitely think the market has strength in it and we’ve got a few months ahead of us of strong sales and appreciation,” he said. Gregory J. Wilcox, (818) 713-3743 firstname.lastname@example.org 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!