National / International News

Want to sell a house? Head West. Want to buy? Go East.

Marketplace - American Public Media - Fri, 2014-09-19 02:00

Online real estate site Zillow released a study on Friday that listed the markets for sellers and buyers in the United States. 

Stan Humphries, Zillow's chief economist said the lists show an east/west divide.  

Most of the best markets for sellers, says Humphries, are on the West Coast. Markets like San Jose, San Francisco and Seattle top the list. Most of the cities that favor buyers are in the east and midwest. 

"Markets like Providence, Cleveland and Philadelphia. And it’s not necessarily by historical standards that they’re bad markets," Humphries said. 

He said home prices in many of the buyers' markets haven’t risen as sharply, but that also means that when the market slows, home prices won’t crash as hard.

Kevin Hamilton knows all about seller’s markets. He’s with Red Oak Realty in the San Francisco Bay Area.

"You know a lot people think realtors are really excited about this hot market, and truthfully we’re not," he said. 

Hamilton said right now, buyers are offering way too much for houses. While responsible realtors advise against such irrational behavior, he said, when the market slows and prices crash, clients don’t remember.

"Everyone kinda came back and said, 'Why did you tell me to buy this?'" Hamilton said. "You know, well, if you looked back at that day, we didn’t."

Silicon Tally - Mo Money, Mo Facebook

Marketplace - American Public Media - Fri, 2014-09-19 02:00

It's time for Silicon Tally! How well have you kept up with the week in tech news?

This week, we're joined by Jennifer Pahlka, founder and executive director of Code For America. Pahlka also recently served as the Deputy Chief Technology Officer for the United States Government.

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Scots No sparks call for more powers

BBC - Fri, 2014-09-19 01:34
As Scotland votes to reject independence - but is promised further powers from Westminster - First Minister Carwyn Jones is set to speak about what it could mean for Wales.

VIDEO: California 'King fire' doubles in size

BBC - Fri, 2014-09-19 01:31
Thousands of people have been forced to leave their homes in northern California after a wildfire burning out of control doubled in size in just 12 hours.

Why you'd pay more for a car with hand-crank windows

Marketplace - American Public Media - Fri, 2014-09-19 01:30

As Marketplace celebrates its 25th birthday this year, we are looking at the weird, delightful and destructive ways that prices have changed during that quarter century.

But first, let's take a ride...back to 1989.

Back then, the cheapest Accord sedan had just 98-horsepower, hand-crank windows, no AC, and retailed for $11,770.

A commercial for the popular automobile posits that maybe one day, someone will build a better car than the Accord...maybe.

 

 

Since then, improvements have been made, and the Honda Accord is currently the best-selling car in America.

But how has the price changed? And when you adjust for inflation, is it more or less expensive than back in 1989?

We checked in with Joe Ciaccia, general manager of Honda Manhattan, to see how much the car will set you back with today's prices. And as for how it compares to its 25 year old counterpart, the answer might surprise you.

Click the media player above to hear more on the surprising affect inflation has had on the Honda Accord.

Japan to restart whaling programme

BBC - Fri, 2014-09-19 01:22
Japan vows to restart its Antarctic whaling programme next year despite an International Whaling Commission vote that the hunt is illegal.

F1 bosses backtrack on radio ban

BBC - Fri, 2014-09-19 01:18
Formula 1 bosses backtrack on a ban on teams giving drivers advice over the radio, with car information to still be allowed.

Iran Happy dancers given 91 lashes

BBC - Fri, 2014-09-19 01:14
Six Iranians arrested for filming a video tribute to Pharrell Williams' song Happy are sentenced to 91 lashes and jail terms, their lawyer says.

VIDEO: Legacy of CT scanner scientist

BBC - Fri, 2014-09-19 01:06
The scientist who helped develop the CT scanner has been celebrated by the University of Nottingham 10 years after his death.

VIDEO: Pound and shares rise on 'No' vote

BBC - Fri, 2014-09-19 01:03
The pound has hit a two-year high against the euro and a two-week high against the US dollar, as Scotland voted against independence.

Banks lead business reaction to the Scottish referendum

BBC - Fri, 2014-09-19 01:02
Banks lead business reaction to referendum

Ebola health team killed in Guinea

BBC - Fri, 2014-09-19 00:58
Nine members of a team trying to raise awareness about Ebola have been killed by villagers in Guinea, officials say.

China tennis star Li Na retires

BBC - Fri, 2014-09-19 00:41
China's sporting hero Li Na announces her retirement from tennis at the age of 32, citing injury problems.

VIDEO: Ebola warning 'a wake-up call'

BBC - Fri, 2014-09-19 00:35
US ambassador to the UN Samantha Power tells the BBC's Nick Bryant that she hopes a warning about the threat posed by Ebola by the UN Security Council, will be a wake-up call.

How NASA's New Spaceships Stack Up

NPR News - Fri, 2014-09-19 00:20

Earlier this week, NASA awarded two contracts for new spaceships to commercial companies. Here's how they compare.

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Scientist IDs Bodies Of Migrants, Helping Families Find Closure

NPR News - Fri, 2014-09-19 00:18

Lori Baker uses DNA samples to track down the loved ones of immigrants who died on their journeys. "I would love not to do this anymore, but I don't think I have it in me not to," she says.

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Congress Quietly Extends The Budget — Past Election Day, Anyway

NPR News - Fri, 2014-09-19 00:15

Since the GOP retook the House, the chamber once brought the country to the brink of a debt default and once shut down the government. But in election years, including this one, there's no such drama.

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Tottenham report anti-Semitic flag

BBC - Fri, 2014-09-19 00:15
Tottenham report an anti-Semitic banner displayed by Partizan Belgrade fans to Uefa, European football's governing body.

In pictures: Scottish independence referendum results

BBC - Fri, 2014-09-19 00:13
Scotland votes "No" to independence
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