US Housing Market Takes Another Hit in December
US home sales see steep drop in December
From BBC News
Sales of previously-owned US homes fell 16.7% in December, the National Association of Realtors (NAR) has said.
Sales had risen from September to November as first-time buyers took advantage of tax credits.
The decline in December was expected as buyers rushed to complete deals before the original 30 November deadline.
The first-time buyer tax credit has since been extended until 30 April, and the NAR said there was likely to be another surge in sales in the spring.
December sales fell to a seasonally-adjusted annual rate of 5.45 million from 6.54 million in November, but are 15% higher than the level seen in December 2008.
The average sale price of a previously-owned home was $178,300 (£110,200) in December, up 1.5% on a year ago.
Total sales in 2009 were almost 5% higher than in 2008 – the first annual gain since 2005.
“It’s significant that home sales remain above year-ago levels, but the market is going through a period of swings driven by the tax credit,” Lawrence Yun, NAR chief economist said.
“By early summer the overall market should benefit from more balanced inventory, and sales are on track to rise again in 2010.
“However, the job market remains a concern and could dampen the housing recovery – job creation is key to a continued recovery in the second half of the year.”
Trade Expo and AdventureMan
“Hey! I’m coming home early and I’m taking you to the TradeExpo!” AdventureMan told me with excitement in his voice. He doesn’t often like going places at night after a long day at work, but to him, this sounded like fun.
Jockying for a parking place was not so much fun. We’ve been here long enough, though, when AdventureMan spied a free sidewalk space, up we went, perfect parking spot, right under a streetlight. Short walk to the Expo.
I watched his face as we walked around, changing from excitement to confusion. “Where are all the booths with little flags?” he asked, “and all the booths with home cooked foods from other countries?”
LLLOOOLLL; he thought this was the DIPLOMATIC Bazaar!
Some years they do the diplomatic bazaar and some years they don’t; depends on if the diplomatic wives have the time and energy to get it all organized and bring in all kinds of specialties not normally seen here.
This was a trade expo. There was a lot of underwear, and children’s clothes, not the expensive kind, this was the utilitarian kind, and not-very-nice furniture, and overly ornate but not nice bric-a-brac. Really bad perfumes and some really awful, cheap make-up. The whole thing was over-hyped and low quality, schlocky, and we didn’t spend a dirham. The only food was Costa Coffee!
So not every Doha adventure is such a fun one, but better to try than to miss something wonderful.
One visitor to the Trade Fair actually took some really good photos and posted them on QatarLiving.com. They are very nice photos, and when I saw them I thought “this makes the trade fair look a lot better than I remember it!”
Bu Yousef’s Haiti Challenge
My Kuwait blogging friend, Bu Yousef, is about to send a donation to the World Food Program designated to help Haiti. He has set a challenge to all bloggers and blog readers. Please, go comment on his post. For every unique comment he gets on his post (one per person), his donation will go up $1 from a minimum $50 to a maximum of $200. It’s up to us.
I would love for BuYousef to hit his maximum. I would love for him to be so overwhelmed, that he ups his maximum to $250. 😉
Please go say good morning/good evening to BuYousef, and do it NOW! Thank you!
Bu Yousef, AdventureMan and I will match your donation. 🙂
Chinese Parents Abort Females; Men Can’t Find Mates
There is a part of me that thinks “What were you thinking??”
Of course, you know by now if you’ve been reading Here There and Everywhere that I don’t hate men, and also that I see RED when women are undervalued because they are women and not men. Equal rights, equal pay for equal work, equal citizenship – my battles to fight.
So what happens when poor people are told they can have only one child, and they all abort their female children – or they disappear shortly after birth – and only little boys who can grow up to take care of their parents are born?
Dearth of Women to Leave 24M Chinese Men Unwed
From AOL News Sphere where you can read this entire article by clicking on this blue type
Terence Neilan
Sphere
(Jan. 11) — More than 24 million Chinese men of marrying age could find themselves without a woman to wed by 2020, and a Chinese proclivity to abort female fetuses is a major contributing factor, a major study has found.
Gender imbalance among newborns is the most serious demographic problem facing the country’s population of 1.3 billion, the study by the government-backed Chinese Academy of Social Sciences says.
“Sex-specific abortions remained extremely commonplace,” the academy said, “especially in rural areas,” where the cultural preference for boys over girls is strongest.
Volunteer Day at Animal Friends Kuwait
God bless the work of your hands, all you who work to help those who have no voices, who rescue the animals, give them food and shelter, and adopt them.
Animal Friends and K’S PATH will be hosting its bi-annual Shelter Open Day where everyone is invited to come out, visit with the animals and learn all about their rescue and care. Visitors will be able to walk the dogs, cuddle the cats, play with the puppies, brush the donkeys, watch the baboons and so much more. The weather is beautiful, so come and make a day of it.
When: Friday 29 January, 2010, 11:00am to 3pm
Where: Animal Friends Shelter and K’S PATH sanctuary in Wafra
Cost: Free, although we certainly appreciate donations
Notes: Please leave your own pets at home and refreshments will be available for sale.
Huge Yard Sale — antiques, collectibles, book worm’s treasure trove, gently used infant clothing and toys, gently used adult clothes and shoes, Indonesian teak furniture, home wares, gourmet kitchen gadgets, dishes, pots and pans and so much more. Come on over and rummage through the goods and you might find a treasure. All funds will go to support Animal Friends.
When: Saturday 6 February, 2010, 10:00am to 3pm
Where: Fintas, Block 4, Street 11, House 29
Notes: Refreshments will be available for sale.
3 Months for Killing, One Year for Stealing
These articles are in today’s Gulf Times, under Court Roundup.
Jail term, fine for death crash
A local motorist has been sentenced to three-month’s imprisonment for reckless driving that led to the death of a 56-year-Pakistani pedestrian.
The Doha court of first instance imposed on the 26-year-old motorist a fine of QR20,000.
The fatal accident took place in the Old Airport area on September 27, 2008. According to the traffic report, “the accident occurred because the motorist was speeding.”
A traffic official told the court that the motorist was driving at 80kmph on a busy street.
Family members of the deceased can claim blood money in a civil court.
Man sentenced for stealing
A Sri Lankan driver has been sentenced to a year-imprisonment for stealing items including two gas cylinders and a vacuum cleaner from the labour camp of a private company. Four of the co-accused were sentenced in absentia to five years in jail.
The theft took place on July 21, 2008 in New Rayan area, the charge-sheet said.
Two Egyptians, who witnessed the incident, testified that they saw five men loading the items, estimated to cost QR4,000, on to a pickup from a store inside the camp.
The Egyptians said they captured three of the workers while the others drove away in the pick-up.
The police arrested all the accused and four of them were deported on an administrative order before the commencement of the trial.
Heart of Doha Creates Beauty out of Destruction
‘Heart of Doha’ construction work to begin
Web posted at: 1/11/2010 1:47:59
Source ::: The Peninsula / By Huda NV
DOHA: Dohaland, a subsidiary of Qatar Foundation, is all set to begin the construction work of its signature project “Heart of Doha”. Under the patronage of
H H Sheikha Mozah bint Nasser Al Missned, Chairman of the Qatar Foundation, the foundation stone will be laid at a special event on Wednesday at a specially build venue at the Corniche.
“Heart of Doha has all together brought in a new language of architecture by understanding the essence of the place which led to rediscovering its poetry,” said Jawaher Al Khuzaei, Assistant Manager, Public Affairs.
“We have finished the preparation stage of the first phase of the project which is expected to be completed by February 2012. Embodied in traditional Qatari architecture are the timeless aspects of beautiful proportions, robustness, simplicity, ornament, along with tried-and-tested local responses to the hot climate and intense daylight. Local traditions have been studied and analysed to distil the essence of Qatari architectural character rooted in the past, appropriate for the present and looking to the future.”
The first stage – Phase 1A has Diwan Emiri Quarter which includes Emiri Diwan annexe, Emiri Guard head quarters and the National Archives. It also has a heritage quarter which includes the Eid prayer ground and four heritage houses – a Company House, Jalmoot House and Houses of Mohammed bin Jasim and Abdullah bin Jassim. Dohaland is working with Qatar Museum Authority to make the best use of the houses.
The first phase infrastructure includes central cooling plant, utilities and waste provision, basement service roads and parking. In the second stage, which will is expected to begin this year and conclude in 2013 a multimedia centre for arts, central hotel and serviced apartments, luxury shopping street, exclusive town house, a primary school, the Ferjan Square mosque and see the first satge of rebirth of Al Kahraba street. The later stages will include a connection to souq wakif, a retail mall, more hotels, offices apartment, shops, a tram system and an underground Metro station hub apart from to Nakeel Square.
“We have also done archiving of photographs of the area prior to demolition. The area will be for mixed use and will have house more than 25,000 people.”
The project with an estimated cost of QR 20 bn, and an area of 35 hectares is expected to be completed in 2016 in five phases. Heart of Doha will become a hub of activity as a place to live, work, shop, visit and spend time with family and friends once completed
THE PENINSULA
Update: Dohaland has been renamed Musherib.
German Lingerie Ad: Liaison Dangereuse
A German company finds a fresh new take on selling lingerie; found this on AOL Finance News 🙂 Very clever.
Sexiness for everyone from Glow Berlin on Vimeo.




