Posted on

Sources: U.S. intel warning of possible al Qaeda attacks in U.S. Monday

Omar Mateen, Terrorist Who Attacked Orlando Gay Club

Last Updated Nov 4, 2016 7:43 AM EDT

NEW YORK —  CBS News has learned about a potential terror threat for the day before the election.

Sources told CBS News senior investigative producer Pat Milton that U.S. intelligence has alerted joint terrorism task forces that al Qaeda could be planning attacks in three states for Monday.

It is believed New York, Texas and Virginia are all possible targets, though no specific locations are mentioned.

http://www.cbsnews.com/news/sources-us-intel-warning-of-possible-al-qaeda-attacks-in-us-monday/

Posted on

The U.S. isn’t one of the top 10 most free countries in the world, study says

uncle_sam_old_school_theridgewoodblog

BY KATE IRBY

kirby@mcclatchy.com

With costly healthcare, a stereotype of obesity and a culture of creatively fatty foods, “healthy” probably isn’t the first word that comes to mind when you think of the United States.

But according to the Legatum Prosperity Index’s findings for 2015, the U.S. is the healthiest country in the world. However, when it comes to freedom, an ideal most Americans pride themselves on, the U.S. falls to 15.

So what’s the country with the most personal freedom? Canada, followed by New Zealand, Norway, Luxembourg and Iceland.

Read more here: http://www.mcclatchydc.com/news/nation-world/world/article105618381.html#storylink=cpy

Posted on

Homeownership Rate in the U.S. Drops to Lowest Since 1965

Ridgewood Realestate

Prashant Gopal mrgopal
July 28, 2016 — 10:25 AM EDT
Updated on July 28, 2016 — 1:04 PM EDT

Share fell to 62.9% in second quarter from 63.5% in the first
Rising prices putting purchases out of reach for many renters

The U.S. homeownership rate fell to the lowest in more than 50 years as rising prices put buying out of reach for many renters.

The share of Americans who own their homes was 62.9 percent in the second quarter, the lowest since 1965, according to a Census Bureau report Thursday. It was the second straight quarterly decrease, down from 63.5 percent in the previous three months.

The drop extends a years-long decline from the last housing boom, in part because of tight credit and a shift toward renting in the aftermath of the crash. First-time buyers have been struggling to find affordable properties as low mortgage rates and an improving job market spur competition for a tight supply of listings. Home prices rose 5.2 percent in May from a year earlier, according to the S&P CoreLogic Case-Shiller index of values in 20 cities released this week.

“One of the biggest hurdles now is affordability,” Mark Vitner, a senior economist at Wells Fargo Securities LLC in Charlotte, North Carolina, said before the Census Bureau report was released. “Home prices are rising so much faster than incomes, so it’s hard for buyers to save for a down payment.”

The homeownership rate reached a peak of 69.2 percent in June 2004.

http://www.bloomberg.com/news/articles/2016-07-28/homeownership-rate-in-the-u-s-tumbles-to-the-lowest-since-1965