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Fischer: More to blame than COVID for low housing inventory | Lifestyle


Today is brought to you by the number 1,751. That is the number of homes that are currently listed on the MLS (multiple listing service) as of this morning. That is a new record low. A few years ago, that number would have been closer to 8,750. This could be categorized as a housing crisis. I recently ran across a meme (a humorous image, video, piece of text, etc., that is copied and spread rapidly by internet users) which showed a real estate agent talking to a couple of clients. The caption read, “Or if you want something more expensive, I can show you this again tomorrow.” It would be funny if it weren’t so true.

As a result of the “crisis,” I hear a fair number of people who have declared aloud that they are going to wait until the market softens to make a move. Don’t hold your breath. According to the most accurate real estate analytic groups, there are specific factors driving these current conditions that are not going to change anytime soon. And although Utah is one of the hardest hit, it is happening, at some level, nationwide. Currently, the total national inventory is down to one-third of the normal level. This does not count the properties that go under contract within hours of listing as well, which is a very high percentage of sales. Only the patient and proactive homebuyer, with strong financing in place and some cash in hand, armed with an aggressive, experienced Realtor will stand a chance in this market.

We shouldn’t act surprised (we, in the industry). This market didn’t just happen. It’s been in the works for a few years. We have had historically low interest rates for a long period of time. Cheap money contributes to high demand as well as low supply. Couple that with the high need for rentals as well, and that equates to people keeping their first home as an investment and moving into a new home. Rents are high and positive cash flow is a tempting motivator. Although we have seen interest rates slowly creeping up, we likely won’t see a sharp increase for some time.

Somewhere between our majestic mountains on the east bench and our resplendent mountains on the west horizon lies that area in which housing units can be erected. That area is full. We have built on nearly every parcel, particle and speck of land that is available and we keep looking to the sky for more land to magically appear. In a way, that is where we should be looking. Building up and not out is one answer to an inherently bigger problem. It is a reluctant step in the search for a solution.

New home construction is critical to the solution, but a need for land paralyzes builders. Although policy shifts are imperative, we need to be deliberate and careful about how these shifts will impact housing long term.

While I have also heard potential buyers talk about waiting for the “foreclosed” properties that are supposed to flood the market once the CARES Act moratorium expires (at the end of this month, unless it is extended again). Again, don’t hold your breath. While the moratorium may have delayed some properties from coming on the market, distressed homeowners have not likely lost any equity in their properties during this time. In fact, most Americans have gained a significant amount of equity in their homes and could likely sell their property for more than what is owed even if the payment has been delayed for several months.

Millennials are also an important factor in the increased need for housing. While baby boomers were abundant for the time, millennials take the cake. There are more millennials than any other generation in history and they are ready to buy. Yet boomers are holding on to their homes longer so there is little to sell. Millennials aren’t even asking for much. Tiny homes, alternate dwelling units and mother-in-law apartments are short-term solutions for many. We just need to have zoning laws that can support these types of structures.

Utah is an incredible state. We have all kinds of recreation, we have beautiful parks and canyons and mountains, we have affordable taxes, we have all four seasons (or at least glimpses of them) and we try to clean up our messes. As a result, everyone wants to live here, and the people who already do don’t want to leave. The kids grow up and want to stay here as well.

For now, as buyers and Realtors, we continue to compete well, work tirelessly, commit to the process and plow forward. May the odds be forever in your favor.

Jen Fischer is an associate broker and Realtor. She can be reached at 801-645-2134 or [email protected].

Scarcity, pandemic push residential resale prices to record $718,000 in February | Perspectives-On-Business | Business


Behind February’s stunning increases in house and condo prices — up 27 per cent and 17 per cent respectively year over year — is a simple reality for Ottawa house buyers. Inventories have shrunk to distressing lows. In the rare event you find a property you like, the odds are pretty decent that you will be outbid, often by a significant margin.

The problem has been building for years, but the COVID-19 pandemic pushed scarcity to extremes. Consider that, at this point three years ago, 3,700 properties were up for sale in Ottawa. That’s still not a large number in a market with 400,000 households. But the number of listings nosedived to 2,900 two years ago and to not quite 1,700 at the end of February 2020. Last month? The Ottawa Real Estate Board reported there were little more than 900 listings for residences and condos combined.

Sales volume hasn’t tumbled as quickly because it is taking less time to sell properties. In the first two months of 2018, you would have taken an average of 100 days to unload your condominium or 72 days to sell your residence. In 2021, a sale would have been wrapped up in 33 or 24 days, respectively.

This means that business has been good for realtors despite the drop in inventories. Realtors sold 1,740 properties of all types in the first two months of 2018. So far this year, they have seen 2,537 properties change hands for total sales volume of $1.5 billion.

But for buyers, this market has been an exercise in frustration. The sharp jump in prices has left would-be first-time buyers despairing they will ever be able to own homes. Just two years ago, the average price for a residential property in Ottawa was $466,500. By last month, the average had soared 54 per cent to nearly $718,000. That represented a gain of a quarter-million dollars.

It’s been somewhat better for first timers contemplating buying condos. Prices last month averaged $407,700, representing a two-year gain of 41 per cent over depressed values.

There’s little question the real price squeeze was triggered by the pandemic. Before COVID-19, year-over-year increases in residential resale prices averaged less than 10 per cent. But several factors have combined to push up prices more dramatically.

First, the central banks reduced interest rates. People could pay more for a house and suffer no rise in their monthly mortgage expenses.

Second, a significant percentage of Ottawa’s housing stock is owned by older people, particularly baby boomers, who proved reluctant to put properties on the market. The risk of a COVID-19 infection convinced many to stay put, and not just because they didn’t want strangers in their homes. Fewer boomers than normal made the shift to longer-term care facilities.

The tighter the market, the more other would-be sellers had to ask themselves where they would move to.

As the pandemic progressed, the answer for some was to seek space, either in the form of larger suburban homes or rural properties.

With so few properties available, bidding wars ensued and prices soared. Residential properties in the Ottawa Valley sold for an average of $525,500 in January and February, up nearly 39 per cent compared to the same period last year. Prices in Ottawa jumped a comparatively modest 27 per cent to $771,400. And many of the biggest jumps occurred in semi-rural districts such as Bells Corners, Manotick, Greely and Dunrobin.

Who’s buying these properties? That leads to another important influence of the pandemic. Stock prices have surged, particularly among high-tech firms. Real-estate brokers say a range of buyers are willing to shell out hundreds of thousands of dollars more than asking price: professionals, investors, top mandarins, business owners and, yes, refugees from the even higher-priced market of Toronto.

With low inventories, the market quickly resolves in favour of those with enough money to prevail in bidding wars. The danger, of course, is that those new prices will set a floor for the other 99 per cent of Ottawa homeowners who have been watching this very strange market from the sidelines.

Things might return to normal when boomers and others finally feel comfortable about selling their homes, and that will almost certainly require herd immunity from the coronavirus.

Copyright Postmedia Network Inc., 2021

Boomer Brains Declining Faster Than Earlier Generations, Despite Higher Wealth, Education | Us News


Today’s Medical Advancements Treat the Aging Brain, Offering Active, Independent and Redefining Retirement Era

SUMTER COUNTY, Fla., March 3, 2021 (SEND2PRESS NEWSWIRE) — Despite U.S. Baby Boomers having the longest life expectancy in history [1], their brains are aging at a faster rate than previous generations, according to a recent Ohio State University nationwide study [2]. For Boomers, the first generation to show cognition regression, research indicates that wealth and education have no equitable bearings on brain function. Currently ranging from ages 62 to 72 (born 1948-1959) and primed for a lengthy and enriching retirement, the feared complexities of living an increasingly longer life – but with a quickly declining brain – is evitable for those able and willing to invest in advanced treatments, such as the Aviv Medical Program.

Living better, longer

Spawning the longevity movement are societal concerns associated with a population in which older people outnumber the young – a historical first, projected for 2025 in the U.S., when seniors (65 million) will surpass children age 13 and under (58 million). Recognizing global impacts of an aging population, the United Nations General Assembly has declared 2021-2030 the Decade of Healthy Ageing, an initiative dedicated to improving the lives of older people, their families and the communities in which they live.

Progress abounds and none too soon. Bioscience researchers are developing promising medical treatment options to give people longer lasting cognitive function enabling optimum health later in life. Just last month (February 2021), a Bloomberg Moonshot episode, the network’s global news streaming program, dedicated an entire episode to medical advancements that are already in practice and scientifically-proven to treat the aging process – ultimately, circumventing age-related diseases – as explained by leading researchers from Harvard Medical School and Aviv Scientific. Of those discussed, the Aviv Medical Program, a proprietary protocol concentrated in hyperbaric oxygen therapy (HBOT), is attracting affluent, active Boomers from all over the world. Results from a landmark study, published in the peer-review journal Aging [3], indicate that upon completing the three-month program participant bodies changed at cellular level – equivalent to 25 years earlier – among healthy adults age 64 or older.  This proven treatment is readily available and presents opportunity to improve and restore cognitive function such as memory, attention, speed of information processing and more.

“Until now, biologically preserving and restoring healthy brain function was unavailable. Today, there’s finally an individualized brain health program that actually assesses and changes the physiology of the brain,” said Mohammed Elamir, M.D., board-certified physician at Aviv Clinics. “This will enable people to take control of the trajectory of their health span. Protecting your independence, mobility, vitality and personality can be by choice – not by chance.”

For Boomers embarking on the third age – ready to redefine retirement with energy, mobility, independence and healthy brain performance, the Aviv Medical Program is a substantial investment cost in improving quality of life today and maintaining it for years to come. Outside of Israel, the treatment is only available at the Aviv Clinics medical center located in Central Florida.

Treating the Aging Process, Enhancing Brain Performance

Aviv Clinics is now open and accepting new clients looking to improve and maintain cognitive acuity and physical performance. For more information or to schedule an appointment, please call (352) 488-2848 or visit https://aviv-clinics.com/.

About Aviv Clinics

Founded in 2017, Aviv Clinics delivers a new approach to healthy aging – The Aviv Medical Program. Designed to improve the aging process by increasing cognitive and physical performance in healthy aging adults, Aviv’s three-month program provides daily hyperbaric oxygen therapy (HBOT) sessions in a state-of-the-art facility. The impact of these HBOT sessions is maximized through personalized cognitive and physical training programs with a personal nutrition plan. The Aviv Medical Program was developed based on over a decade of research and development under the leadership of Dr. Shai Efrati, Chair of Aviv Clinics’ Scientific and Medical Advisory Board.

For the latest updates, visit https://www.facebook.com/AvivClinics/ or http://www.aviv-clinics.com/.

Media Contact:

Maureen Gonzalez

FINN Partners for Aviv Clinics

+1 954 368 9809 | [email protected]


*VIDEO (YouTube): https://youtu.be/a5—JgBRl6UU

*LOGO link for media: https://www.Send2Press.com/300dpi/21-0303s2p-aviv-logo-300dpi.jpg


[1] United Nations – World Population Prospects

[2] Hui Zheng, PhD, Ohio State University – A New Look at Cohort Trend and Underlying Mechanisms in Cognitive Functioning, The Journals of Gerontology: Series B, 2020;, gbaa107

[3] Hachmo Y, Hadanny A, Abu Hamed R, Daniel-Kotovsky M, Catalogna M, Fishlev G, Lang E, Polak N, Doenyas K, Friedman M, Zemel Y, Bechor Y, Efrati S. Hyperbaric oxygen therapy increases telomere length and decreases immunosenescence in isolated blood cells: a prospective trial. Aging (Albany NY). 2020; 12:22445-22456.

NEWS SOURCE: Aviv Clinics

This press release was issued on behalf of the news source (Aviv Clinics) who is solely responsibile for its accuracy, by Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: 69196 APDF-R8.2

© 2021 Send2Press®, a press release and e-marketing service of NEOTROPE®, Calif., USA.

To view the original version, visit: https://www.send2press.com/wire/boomer-brains-declining-faster-than-earlier-generations-despite-higher-wealth-education/

Disclaimer: This press release content was not created by the Associated Press (AP).

Copyright 2021 Send2Press Newswire

Schwab Report: Year-End 2020 Self-Directed 401(k) Balances Up 13% Year-Over-Year Despite Ongoing Volatility and Q1 Market Lows


WESTLAKE, Texas–()–According to Charles Schwab’s SDBA Indicators Report, an industry-leading benchmark on retirement plan participant investment activity within self-directed brokerage accounts (SDBAs), the average account balance across all participant accounts finished Q4 2020 at $331,664, a 13% increase year-over-year and a 10% increase from Q3 2020.

SDBAs are brokerage accounts within retirement plans, including 401(k)s and other types of retirement plans, that participants can use to invest retirement savings in individual stocks and bonds, as well as exchange-traded funds, mutual funds and other securities that are not part of their retirement plan’s core investment offerings.

The SDBA Indicators Report also revealed that participants remained resilient in the face of volatility and early 2020 market lows driven by the COVID-19 pandemic. Average account balances finished the year up 31% compared to the lows they experienced at the end of Q1 2020.

The majority of participant assets continue to be held in equities (35%), up from Q4 2019 at 29%. Mutual funds were the second largest holding at 31%, followed by ETFs (18%), cash (14%), and fixed income (2%).

Allocation Trends

The data also reveals specific asset class and sector holdings within each investment category:

  • Mutual funds: Large-cap funds had the largest allocation at 32% of all mutual fund allocations, followed by taxable bond (20%) and international (16%) funds. Overall, the allocation remained consistent throughout 2020.
  • Equities: Information technology remained the largest equity sector holding at 30%, down slightly from 31% in Q3 2020. Apple continues to be the top overall equity holding, comprising 12% of the equity allocation of portfolios. The other equity holdings in the top five include Tesla (7%), Amazon (6%), Microsoft (3%), and Berkshire Hathaway (1%).
  • ETFs: Among ETFs, investors allocated the most dollars to U.S. equity (49%), followed by U.S. fixed income (15%), sector ETFs (13%), and international equity (12%).

Other Report Highlights

  • Advised accounts hold higher average account balances compared to non-advised accounts – $517,849 vs $288,513.
  • On average, participants held 11.4 positions in their SDBAs at the end of Q4 2020, slightly higher than the previous quarter (10.8) and Q4 2019 (10.1). Baby Boomers held more positions in their SDBA than other generations (12.8 vs. Gen X: 11.5, Millennials: 8.8).
  • Trading volumes were mostly unchanged from the previous quarter, at an average of 13.9 trades per account in Q4 2020 up slightly from 13.6 trades in Q3 2020. Participants made the most trades in their equity holdings, followed by ETFs and mutual funds.
  • Gen X made up approximately 44% of SDBA participants, followed by Baby Boomers (34%) and Millennials (16%).
  • Gen X had the most advised accounts at 47%, followed by Baby Boomers (38%) and Millennials (12%).
  • Baby Boomers had the highest SDBA balances at an average of $493,129, followed by Gen X at $282,494 and Millennials at $94,872.

About the SDBA Indicators Report

The SDBA Indicators Report includes data collected from approximately 161,000 retirement plan participants who currently have balances between $5,000 and $10 million in their Schwab Personal Choice Retirement Account®. Data is extracted quarterly on all accounts that are open as of quarter-end and meet the balance criteria.

The SDBA Indicators Report tracks a wide variety of investment activity and profile information on participants with a Schwab Personal Choice Retirement Account (PCRA), ranging from asset allocation trends and asset flow in various equity, exchange-traded fund and mutual fund categories, to age trends and trading activity. The SDBA Indicators Report provides insight into PCRA users’ perceptions of the markets and the investment decisions they make.

Data contained in this quarterly report is from the fourth quarter of 2020, and can be found here, along with prior reports.

About Charles Schwab

At Charles Schwab we believe in the power of investing to help individuals create a better tomorrow. We have a history of challenging the status quo in our industry, innovating in ways that benefit investors and the advisors and employers who serve them, and championing our clients’ goals with passion and integrity.

More information is available at www.aboutschwab.com. Follow us on Twitter, Facebook, YouTube and LinkedIn.

Investors in mutual funds and ETFs should consider carefully information contained in the prospectus, including investment objectives, risks, charges, and expenses. You can request a prospectus by visiting Schwab.com or calling 800-435-4000. Please read the prospectus carefully before investing.


Brokerage Products: Not FDIC‐Insured • No Bank Guarantee • May Lose Value

The securities shown are for informational purposes only and are not a recommendation to transact in any security.

Through its operating subsidiaries, The Charles Schwab Corporation (NYSE: SCHW) provides a full range of securities brokerage, banking, money management and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, www.sipc.org), and affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; compliance and trade monitoring solutions; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through Schwab Advisor Services. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides banking and lending services and products. More information is available at www.schwab.com and www.aboutschwab.com.

This report is for informational purposes only and is not a solicitation, or a recommendation that any particular investor should purchase or sell any particular security.

Schwab Personal Choice Retirement Account® (PCRA) is offered through Charles Schwab & Co., Inc. (member SIPC), the registered broker/dealer, which also provides other brokerage and custody services to its customers.

All corporate names are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security.


Wildlife division proposes cutback on number of wild turkeys to be hunted

Dave Golowenski
 |  For The Columbus Dispatch

March and meteorological spring arrive Monday, imperfectly signaling endings and beginnings in the way calendars sometimes do.

Nonetheless, that the statewide rabbit season ends Sunday at sunset is a legal certainty. Also in its final day is the lawful trapping of river otters and beavers. Trapping for mink and muskrat, too, concludes in most of the state, except for a few northwest counties.

Next chapter on the books, and in its own kind of hunting no-man’s-land is spring wild turkey season. Early Baby Boomers grew up in a time when seeing — let alone calling — wild turkeys in spring or any other time was impossible.

Turkeys, as with many indigenous species including deer, beavers, bobcats and otters, had been eradicated by habitat loss largely connected to farming and in some areas to iron smelting.

In later decades, after a sufficient fraction of the land was allowed to revert to a more natural state, some creatures began to return while others needed help. Many years of restoration efforts by Ohio Division of Wildlife personnel culminated with the presence of wild turkeys in every county.

The zoning of the spring turkey season started a few years ago when division decision-makers adjusted the schedules after acknowledging not all wild turkeys in the state live and breed at the same time.

As a result, the upcoming season in most counties, including those in central Ohio, will begin April 24. The 30-day season starts May 1 in five northern “snow belt” counties — Cuyahoga, Lake, Ashtabula, Trumbull and Geauga.

Hunters may take only bearded birds during the spring. The notion is that the bearded birds, almost all of them males, become expendable once they do their procreative duty, making way for the next generation. The need to leave female turkeys undisturbed for nesting and nurturing of their young makes hens untouchable by hunters during spring.

Nature, though, plays its part in the success of turkey nesting. When young turkeys, known as poults, break out of the egg into a world of abundant food and warm, dry weather they generally survive nicely. When food is scarce or the weather is wet and chilly, poults die.

Wild turkeys haven’t been doing especially well of late. Wildlife managers have little control when the cause of slumping numbers is rooted in nature. Control of hunters, though, can be arranged.

In the hope of encouraging population growth where it’s needed, the wildlife division has proposed that in 2022 hunters may take only a single bearded bird instead of the current two from public hunting areas.

A two-bird limit would continue on private land. Thus, turkey hunters would be able to take two bearded turkeys as long as only one came from a public hunting area.

Proposed spring turkey hunts for 2022 would include the youth weekend hunt April 9-19, almost two weeks before the start of the South Zone season, scheduled April 23 through May 22.

Hunting hours during the first nine days of the South Zone season would be 30 minutes before sunrise until noon. Hunting hours from May 2 through season’s end would be 30 minutes before sunrise to sunset.

The North Zone season would run from April 30 through May 29.

The proposals were presented this month to the Ohio Wildlife Council, an eight-member citizens’ panel entrusted to accept or reject proposals after considering their merit with the help of public comments. A statewide hearing is scheduled virtually at 9 a.m. March 18.

[email protected]

My parents’ Covid vaccines relieved my anxiety. Everyone should’ve felt that by now.


There is no emoji or gif that can express the relief I felt when my mother and father texted to say they’d received their second doses of the Covid-19 vaccine. After a year of constant, stomach-churning anxiety over whether a trip to the dog park or grocery store would land them in the hospital or worse, the change was immediate and overwhelming. Tens of millions of people have finally been able to exhale; I have no idea when I’ll be able to get vaccinated, but it seems almost beside the point when I know two of the most important people in the world to me will be OK.

After months of confusion and delays under the Trump administration, states are opening up more eligibility categories. Some 45 million people have received at least one shot, and more than 20 million have received both, 1.45 million doses per day. Dr. Anthony Fauci, America’s top infectious disease expert, said on Sunday that the country will be able to have a “a significant degree of normality” by this fall. Whatever our new normal looks like, it must include room for serious conversations about aging, illness and caretaking across generations.

Of course, America’s approach to aging and eldercare is different from the rest of the world. We have left tens of millions of elderly people to live in poverty. In 2017, approximately 11.6 percent of people aged 80 and older lived in poverty, according to the Congressional Research Service. One in 4 adults over 65 works; Amazon has its own “CamperForce” of nomadic workers (as currently semi-fictionalized in the movie “Nomadland”), many of whom are of what we increasingly euphemistically refer to as “retirement age.” And, at the start of the pandemic, nearly three quarters of workers over 65 were unable to telecommute.

It’s also important to note that part of this is driven by class and, because this is America, race. So whatever fear and now relief my white peers and I experienced, it is assuredly dwarfed by the grief, fear and (hopefully, increasingly) relief experienced by our peers of color for their parents and older loved ones. Black Americans 65 to 74 were five times as likely to die of Covid-19 last year as white people the same age; Latino Americans over 65 are twice as likely to die of Covid-19 as white people of the same age; and Asian Americans over 65 continue to die of Covid-19 at rates disproportionate to whites. (This is one major reason why the racially disproportionate way vaccines are being distributed is so problematic.)

I have no idea when I’ll be able to get vaccinated, but it seems almost beside the point when I know two of the most important people in the world to me will be OK.

Looking after and, in some cases, living with aging parents and grandparents was common before the pandemic, but because that care work is often done by people already economically marginalized, it was easy to ignore the full weight of the burden U.S. society places on them. According to an AARP report released in June 2020, 1 in 5 Americans provide unpaid care for family members — that’s 53 million people.

As baby boomers like my parents enter their 70s and 80s, these numbers will only grow; Covid-19 has exposed just how badly the country (and my generation) is prepared to help people age and die with dignity and respect.

A group of people show off their coronavirus vaccine record cards in the parking lot of Six Flags in Bowie, Md., on on Feb. 6, 2021.Sarah Silbiger / Getty Images file

My family has been more fortunate than most: My parents are both retired, they are in good health, and they were able to get appointments quickly and without logistical hurdles because of the way that their government set up the vaccination system. Because of that excellent public health system (thank you, University of Wisconsin Health), neither they nor I had to spend hours online or on the phone trying to navigate glitchy registration portals in what felt like fruitless attempts to line up weeks-distant appointments — but I know dozens of people in many states who dropped everything to get their older loved ones signed up for vaccinations. (Even friends who have contentious relationships with their parents did it.)

With more than 500,000 American lives already lost and new variants of the coronavirus proving more and more dangerous, the alternative to rearranging your life to arrange a parent’s health care was, for many of my peers, simply unthinkable.

Whatever fear and now relief my white peers and I experienced, it is assuredly dwarfed by the grief, fear and (hopefully, increasingly) relief experienced by our peers of color for their parents and older loved ones.

While navigating the last year, my family also had the benefit of my parents’ own experiences helping their mothers — both of whom lived into their 90s — at the end of their lives. This created space for them to have the uncomfortable but necessary conversations with my sister and I about what they wanted and needed if something bad did happen. It isn’t pleasant to talk with your parents about where the wills are kept or go over their options for medical and financial directives — not when you feel young and they still seem it — but anyone in a position to plan ahead should do so. Very little about what might happen over the past year has felt under my control, but confronting the risks and possible outcomes together gave me my sister, and my extended family the chance to take a small amount of it back.

Knowing my parents have been vaccinated makes me breathe easier, but so did having a clear picture of what my loved ones wanted if the worst befell them.

It feels unfair to say that the pandemic brought me closer to my parents; too many people didn’t have the chance to even say goodbye to theirs. But nothing about this has been fair — and science suggests that new viral outbreaks and climate change-related natural disasters are not going to become less common, and they won’t affect every community equally. That’s why it’s more important than ever for people like me to act responsibly — to wear a mask, to socially distance, to wait my turn while more medically vulnerable people get their vaccines — while the vaccine rollout continues.

I already accepted months of gutting isolation and loneliness because I couldn’t bear the thought of accidentally making my parents sick. The next few months are for extending that same caution to everyone else’s parents, even as I enjoy the fact that I can actually give my mom a hug or help my dad make dinner. I don’t want to take any of those moments for granted, which is as close as I can get to honoring all the families that don’t get that chance.

Growing Investments in Renovation, Replacement, Retrofit, and Home Improvement Projects


DUBLIN, Feb. 26, 2021 /PRNewswire/ — The “Doors and Windows Market in North America – Industry Outlook and Forecast 2021-2026″ report has been added to ResearchAndMarkets.com’s offering.

In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this North America Doors and Windows Market Report

The North American doors and windows market by revenue is expected to grow at a CAGR of approx. 4% during 2021-2026.

The demand for doors and windows is majorly driven by residential construction buildings and the growing investments in renovation, replacement, retrofit, and home improvement projects. North America is the largest market for infrastructure construction, expecting high opportunities for the doors and windows market during the forecast period.

Over 60% of homeowners in the US consider their financial position before investing in renovation activities. Most homeowners in the region focus on renovating homes once annually; the improvement in homes is initiated to improve life quality. Besides, millennials and baby boomers share the same perspective toward home renovation.

The rise in investments and the resumption of construction projects after the relaxation in COVID-19 regulations are expected to propel the market. Home renovation is a significant trend driving the market for doors and windows in the residential sector. In Canada, the demand for residential space is high due to the rise in immigration. The market is further driven by the growth of fenestration installations in new industrial buildings and the increased demand for renovations and retrofit activities.


The US construction activities continue to rise with the growth in the population and urbanization. The demand for single-family and multi-family house construction is increased significantly in recent years; however, after the outbreak of COVID-19, the market demand declined in 2020, which is likely to rebound during 2021 -2022. The US is witnessing high traction in commercial building construction. Vinyl windows have witnessed high growth in recent years and reached the sale of over 37 million units in 2019.

Fiber-based windows are likely to witness significant growth in the market. New construction activities continue to rise; however, the COVID-19 outbreak has led to a short-term decline. New residential construction in the US has become stagnant; however, home renovation and reconstruction projects witness growth. Besides, the demand for home improvement increased after the COVID-19 outbreak.


1. What is the market size of the North America doors and windows market during the period 2021-2026?
2. What are some of the technological innovations in the North America windows industry?
3. What is the impact of COVID-19 on the North America construction industry?
4. What are the factors impacting the growth of the windows and doors market?
5. What government initiatives are enabling the growth of doors and windows?
6. What are the significant market opportunities in the North America doors and windows market?

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.2 Base Year
4.3 Scope of The Study

5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation

6 Market at a Glance

7 Introduction
7.1 Overview
7.2 Impact Of COVID-19

8 Market Opportunities & Trends
8.1 Rising Commercial Infrastructural Investments
8.2 Rising Home Improvement Industries In US

9 Market Growth Enablers
9.1 Rising Demand for Single Homes
9.2 Rising Focus on Energy-Efficient Buildings
9.3 Increasing Innovation in Doors & Windows

10 Market Restraints
10.1 Political Disturbance on Supply Of Raw Materials

11 Market Landscape
11.1 Market Size & Forecast
11.2 Five Forces Analysis

12 Product
12.1 Market Snapshot & Growth Engine (Revenue)
12.2 Market Snapshot & Growth Engine (Units)
12.3 Market Overview
12.4 Doors
12.5 Windows

13 End-User
13.1 Market Snapshot & Growth Engine (Revenue)
13.2 Market Snapshot & Growth Engine (Units)
13.3 Market Overview
13.4 Residential
13.5 Non-Residential

14 Type
14.1 Market Snapshot & Growth Engine (Revenue)
14.2 Market Snapshot & Growth Engine (Units)
14.3 Market Overview
14.4 Interior
14.5 Exterior

15 Material
15.1 Market Snapshot & Growth Engine (Revenue)
15.2 Market Snapshot & Growth Engine (Units)
15.3 Market Overview
15.4 Plastic
15.5 Glass
15.6 Wood
15.7 Metal

16 Installation
16.1 Market Snapshot & Growth Engine (Revenue)
16.2 Market Snapshot & Growth Engine (Units)
16.3 Market Overview
16.4 New Construction
16.5 Replacement

17 Operation
17.1 Market Snapshot & Growth Engine (Revenue)
17.2 Market Snapshot & Growth Engine (Units)
17.3 Market Overview
17.4 Manual
17.5 Automatic

Companies Mentioned

Prominent Vendors

  • Anderson Windows and Doors
  • Pella
  • Cornerstone Building Brands

Other Prominent Vendors

  • Crystal Window & Door System
  • Masco Corporation
  • Optimum Window
  • All Seasons Window and Door Systems
  • Extech
  • Bear Wood Windows
  • Protective Structures Ltd.
  • St. Cloud Window
  • Fyre-Tec
  • Harbor All Glass and Mirror
  • Dormakaba
  • Velux
  • Alside
  • Harvey Building Products
  • MI Windows and Doors
  • Woodgrain
  • Champion Windows
  • KP Building Products (Farley)
  • Hurd Windows & Doors
  • Kohltech
  • ProVia
  • Quaker Windows Products
  • Simpson Door

For more information about this report visit https://www.researchandmarkets.com/r/4bfagc

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
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For GMT Office Hours Call +353-1-416-8900

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SOURCE Research and Markets

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Generation X Travelers to Lead Travel Industry’s Pandemic Recovery in 2021: Omnitrak

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As the U.S. travel industry begins its long recovery from the pandemic-driven disruptions of 2020, Generation X—ages 35-54—will lead the resurgence, according to Omnitrak’s TravelTrak America,™ one of the world’s largest profiling programs that surveys 9,500 U.S. households every month. Omnitrak, a leading strategic research firm, has a strong presence in the consumer, travel and retail sectors in North America and Asia.

Among the key findings in Omnitrak Compass™, a new report analyzing historic and current monthly travel survey data from TravelTrak America™:

1. Pre-pandemic data for 2018-2019 show “Active Gen X™” travelers—typically in the workforce, engaged in family, community and social activities—tend to spend more per trip and travel in larger groups than Baby Boomers or Millennials (ages 18-34).

2. While Baby Boomers (born 1946 to mid-1960s) report greater financial stability and remain interested in travel, they remain most concerned about travel safety.

3. Drive vs. Fly: Pre-pandemic, Americans of all age groups opted to drive rather than fly by a factor of five to one. TravelTrakAmerica™ data show this gap is expected to widen further in 2021 as drive travel demand recovers significantly faster than air travel demand.

4. COVID-19 vaccine availability remains key, with active travelers most likely to be among the “ASAP Vaccinators™.”

  • Among those who have traveled within the last year, more than four out of 10 (43 percent) surveyed in January 2021 said they plan to get the vaccine as soon as it is readily available.
  • Of these “ASAP Vaccinators™,” nearly half (45 percent) plan to take a leisure trip by car in the coming year.

5. Money Matters: By Q4 2020, Millennials reported the greatest weakening of their financial conditions, with 45 percent saying they were less able to take a leisure trip vs. a year earlier.

  • About 33 percent of Generation X said they were less able to travel, compared to 30 percent of Baby Boomers.

6. Leisure travelers will lead the way, with business travel lagging considerably.

  • Recovery in business travel to prior levels is not expected until 2024.

Omnitrak Compass™ provides an overview of 2020, the industry’s “Lost Year” in which U.S. travelers responded to the pandemic initially with denial, then with panic and acceptance. Domestic travelers appeared ready to continue normal travel patterns in March 2020; by May 2020, panic set in and the number of travelers with near-term travel plans dropped to 40 percent. In the fourth quarter of 2020, early signs of revived trip planning and interest in travel glimmered on the horizon.

“Even with 30-plus years of experience in travel data and analysis, we’re finding surprises and interesting trends among U.S. travelers as the industry works its way through the COVID-19 pandemic,” said Chris Kam, Omnitrak’s President and Chief Operating Officer and the lead researcher of Omnitrak Compass™. “TravelTrak America is the only program that integrates travel profiles with travel attitudes, future travel intentions and travel sentiment in a single data set. We will continue to analyze these recovery trends through our monthly surveys, and share data-driven insights as the industry works through the global effects of the pandemic.”

Patricia M. Loui, Omnitrak Chairperson and Chief Executive Officer, said, “With more than 1 million traveler interviews conducted by Omnitrak in the last four years, our research gives clients unique insights into U.S. travelers’ plans, priorities and attitudes. We’re focused on providing thoughtful, timely analysis to some of the U.S.’ largest travel destination markets and other industry clients as they recover from the unprecedented economic, business and social disruptions of 2020.”

Read Omnitrak Compass™ here: http://www.omnitrakgroup.com/

# # #

About Omnitrak

Omnitrak, founded in Honolulu, Hawaii in 1981, is a leading strategic research firm with a strong presence in the consumer, travel and retail sectors in North America and Asia. Omnitrak works with some of North America’s largest state tourism offices, which subscribe to the company’s Traveltrak America™ monthly tracking study of U.S. trips. The company also serves a broad array of public- and private-sector clients, helping to grow their markets, develop new products and increase brand loyalty. For more information, visit http://www.omnitrakgroup.com/

Media Contacts:

Sheila Donnelly & Associates / Honolulu

Sheila Donnelly

[email protected]


Sheila Donnelly & Associates / Los Angeles

Pauline Yoshihashi

[email protected]


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Ditto. | Letter From The Editor | Memphis News and Events


Rush Limbaugh and I had a lot in common.

We’re both Baby Boomers, both from a small town in Missouri, and both of us grew up in a Republican family. Rush dropped out of college and then moved to Pittsburgh to try to become a radio DJ. I dropped out of college to smoke pot and protest the Vietnam War. Then I moved to San Francisco and became a night watchman and a busker for tourists in Ghirardelli Square.

Both of our career paths were a bit murky there for a while.

Rush bounced from station to station for a few years, eventually ending up in Kansas City. I bounced from job to job out West and in Columbia, Missouri, where I eventually finished my journalism degree and found semi-honest work in the business where I still ply my trade.

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  • Wikipedia Commons

  • Rush Limbaugh

Rush began his climb to glory in the wake of the overturning of the FCC Fairness Doctrine in 1987, when broadcasters were no longer constrained by having to provide equal time for opposing views, or for anyone who was attacked on air.

After getting some notoriety in Kansas City for his “public affairs” show, Rushbo got hired by WABC in New York and he quickly gained national notoriety for such actions as celebrating the deaths of gay men from AIDS with show tunes, coining the phrase “Femi-Nazis” for women’s rights activists, calling Chelsea Clinton the “White House dog,” and regularly saying revoltingly racist things about African Americans (too many to list here), all under the guise of “conservatism.” It was a truly deplorable schtick before deplorable became a thing, and one that resonated, appallingly, with much of white America. Rush got very rich with it.

In 1996, the Telecommunications Act allowed broadcasting companies to own stations in many markets and spawned radio syndication. Rush quickly got even bigger (literally) and richer and became a major player in the Republican Party. A slew of conservative Rush-clones emerged: Michael Savage, Glenn Beck, Sean Hannity, Laura Ingraham, and Mark Levin, to name a few. Stirring up anger and outrage at liberals, Democrats, Blacks, Muslims, and immigrants was, and is, their stock-in-trade. And it’s made them rich.

Then came Fox News, the ultimate benefactor of the abolishment of the Fairness Doctrine. (“Fair and Balanced” being the lie from which all others were spun.) Rupert Murdoch and Roger Ailes built a television empire on right-wing outrage, angry white male hosts, short-skirted blondes, and lies.

Now, with the internet, the genie is out of the bottle. If you want “fair and balanced,” it’s strictly DIY. Pick your news to suit your views. If you believe climate change and COVID-19 are hoaxes, that Donald Trump won the 2020 election, that Texas lost power because of a Green New Deal that hasn’t been passed, that QAnon is onto something, that Antifa spawned the January 6th insurrection, that President Biden’s dog isn’t “presidential,” that the Bidens’ marriage is a “charade” … there’s a whole news ecosystem built just for you. Likewise, if you take the opposing point of view on any or all of those issues.

But it all started with Rush Limbaugh. And now he’s dead of lung cancer, at 70, leaving three ex-wives and a widow and millions of fans to mourn his passing. Lots of Republicans want to honor what they perceive as Limbaugh’s glorious legacy. He’s being called a great American, a true patriot — lauded by GOP politicians all over America. In Florida, the governor wants to fly the flag at half-mast in Limbaugh’s honor. In Rush’s home state of Missouri, legislators are talking about establishing a state holiday in his name. A state holiday! His bust already resides in the state capitol building — kind of like Nathan Bedford Forrest’s up in Nashville.

But let’s speak the truth here: Rush Limbaugh was not a great American by any fair and balanced measure. In his radio persona, he was a divisive, hateful, homophobic, racist, misogynistic asshole. What he was like in private, I can’t say, but I doubt that he and I had much in common when Limbaugh departed this earthly vale — far from his Missouri roots. I do hope he found peace at the end. It’s more than he wished for others.