Weekend Pick: Winter Splash 8-Miler and 5K

first_imgThe Winter Splash 8 Mile and 5K Trail Race is this Saturday, February 2nd, on Springmaid Mountain which is in Spruce Pine, North Carolina. The race starts at 1pm, but please arrive early if you still need to register. The entry fee for the 8 miler is $30 and $20 for the 5K.Like the name suggests, water will be involved but only for those participating in the 8 mile run. The river cross is roughly 20 yards and is located near the finish. The course is a mixed bag with rocks, roots, snow, and hills. Be prepared for it all. No whining allowed!There will be a bonfire to greet you at the finish line and a warm after party for spectators and participants.last_img read more

Inter-American Defense College Promotes Debate on Hemispheric Security and Defense

first_img Along with Admiral Saynez Mendoza, over 300 graduates, students and professors, as well as ambassadors, academics, and active and retired police and military members from over a dozen countries traveled to the U.S. capital to celebrate the golden birthday of a school that contributed to the training of nearly 2,500 security and defense leaders in the Western Hemisphere. Michelle Bachelet, former Chilean president and current executive director of UN Women, attended the closing ceremony with others, including OAS Secretary General José Miguel Insulza. By Dialogo October 15, 2012 I enjoyed very much and I congratulate the Defense Inter-American College 50th anniversary celebration, operating under the Organization of American States. I had a nice visit at the school and I was courteously hosted at Fort Lesley MacNair, in 1966, as a scholarship student from the US State Department. I remember the participation of the honorable Brazilian General Carlos de Meira Mattos, 2nd World War Veteran, who worked as CID’s Vice-Director. These meetings are a positive affirmation of the Americas Defense system participant’s integration, for a greater cooperation, integration and security aiming the American countries development, as well as strengthening the friendship bonds between the people and their countries. Ney de Araripe Sucupira, Public Relations Director of the Graduates from the Escola Superior de Guerra – ESG (the Brazilian’s Army College of Defense) – São Paulo Representation Office An article published in commemoration of the 50th anniversary of the CID, synthesizes the academic context on which civilian and military officials in the American hemisphere perceive the security and defense, its diagnosis and advances to deal with current threats. Congratulations to the Dialogo magazine for its contribution to the Inter-American Defense College. The opening ceremony was celebrated at the IADC’s auditorium in Fort McNair, where Guatemalan President Otto Pérez Molina gave attendees an eloquent pre-recorded inaugural speech. Pérez Molina, who attended the Inter-American Defense College between 1988 and 1989, admitted that what he learned has helped him enormously in his role as president. He said, “It allowed me to know the realities of other countries, their versions, their truths … and, at the same time, I was able to share those of my country. I made enduring friendships, and forged clear, trustworthy and permanent communication channels.” Some of the event’s panelists included General (retired) Oswaldo Jarrín, former Ecuadoran Defense Minister; Admiral (retired) Jorge Montoya, former Chief of the Joint Command of Peru’s Armed Forces; and General (retired) James T. Hill, Commander of the U.S. Southern Command between 2002 and 2004, all of whom answered sharp questions and fostered honest discussions. “The college’s students learned here to speak honestly and to respect the opinions of others,” stated Adm. Montoya. Founded in 1962, the IADC, which is a part of the Organization of American States, offers advanced courses on human rights, international relations, leadership, strategic analysis, civil-military relations, and conflict negotiation and resolution, to cite a few. In addition, students can obtain a Master’s Degree in Hemispheric Defense and Security Studies, as a result of an agreement with Chile’s National Academy of Political and Strategic Studies (ANEPE). center_img According to Adm. Montoya, the school would be the ideal vehicle to create an Inter-American network of academic information exchange to enable continued debate about certain subjects, such as the need to train and update police forces in different countries, the temporary nature of military intervention in citizen security, hemispheric cooperation in countering drug trafficking and organized crime, the validity or lack thereof of applying the Colombian Armed Forces’ experience in combating the FARC in other nations such as Mexico, and to evaluate the need of a system of hemispheric security. Guided by the theme “The Role of Armed Forces in Hemispheric Security,” the symposium recognized the complexity of a present characterized by multiple challenges and threats and which requires us to reconsider definitions, roles, and ways to confront new dangers. “As traditional notions of defense and security are redefined, the armed forces of the Americas will continue to be called upon to fill new, critical roles in support of national security initiatives,” indicated Rear Admiral Jeffrey A. Lemmons, director of the Inter-American Defense College (IADC). The higher education center has a proven record of successful graduates, including three presidents, 24 defense ministers, almost 800 generals and admirals, and several legislative and ministerial government and police leaders. Heated debates on class conflict took place during the Inter-American Defense College’s 50th Anniversary Symposium, celebrated in Fort Lesley McNair, Washington, D.C, from October 10 – 12. That is how Admiral Mariano Francisco Saynez Mendoza, Mexican Navy Secretary, described it when he humorously referred to the “rivalry” between graduates that, throughout the event, competed over and over for the title of the best class ever to attend the institution. “I think that we will finally agree that all classes have been as good as the ‘27,” he said about his graduating class. That honest and respectful communication characterized the three days of discussions that opened the debate on hemispheric defense and security genealogy, the diagnosis on the current security challenges in the hemisphere, and the perspectives about future initiatives on security and defense. Conducted in Spanish, Portuguese, and English, the panels were led by academics, civic, military, and diplomatic leaders from several nations, including Argentina, Chile, Ecuador, El Salvador, Guatemala, Mexico, Peru, Spain, the United States, and a CARICOM representative, among others. last_img read more

Rising from the Waves

first_imgBy Dialogo July 02, 2013 The earth had just stopped shaking in the early morning hours of February 27, 2010, when Captain Rodrigo Lledó joined other members of the Talcahuano Naval Base’s leadership in the commandant’s office. The lights were out, as in much of Chile. Telephone communication was cut off. In a building perched on a hillside over the bay, the officers worked to assess damage from the massive magnitude-8.8 earthquake and to ensure that ships in port immediately set sail. By 5:50 a.m., two hours had passed since the earthquake, and the officers began to believe they were safe from the threat of a tsunami. That’s when Capt. Lledó heard a very loud metallic noise while assessing base renovations from a hilltop that overlooks the bay and naval installations. “The vessels collided with each other. It was a very strong and strange noise, something you do not normally hear,” he told Diálogo. What Capt. Lledó heard was the sound of 300 shipping containers from across the bay being lifted by the waves and hurled in every direction. Waves of varying sizes rolled in from every direction, swamping parts of the base in up to 9 feet of water and pushing vessels onto land while ripping others from their berths, dragging vehicles and equipment to the bottom of the bay. More than 500 people were killed by the earthquake and tsunami along the length of Chile’s coast. Incredibly, no lives were lost at the Talcahuano Naval Base, though some Sailors were forced to swim for their lives. One officer was driving on the base when the tsunami hit. In the dark of night, his headlights showed a wave approaching from the front. He quickly threw his vehicle into reverse, but saw another wave coming from behind. The water lifted his truck and washed him off the road. He lowered his windows to try to escape, and his car filled with water and slammed into a tree. Miraculously, he escaped by swimming and climbing to higher ground. The base’s infrastructure was devastated. The undulating seafloor at the epicenter, 94 miles from the coast, caused 7-foot waves in Talcahuano. A 60-foot-by-360-foot dry dock filled with water, lifting a merchant vessel under repair out of the dock and onto the roof of a repair facility. A $62 million scientific research vessel that was due for christening by then-Chilean President Michelle Bachelet later that day was pulled from its dock, slammed around with a helpless crew aboard and luckily grounded on a soft sandbank, sparing its sensitive equipment from damage. While many combat and civilian fishing vessels set sail immediately after the earthquake for the safety of open waters, some, like those in repair, were unable to. Ultimately, the Navy did not lose any vessels. Several floating docks were damaged, with one sunk and deemed irreparable. In the city of Talcahuano, 3,000 homes were destroyed and 103 Sailors’ quarters on the base were lost. In all, Capt. Lledó, who returned from retirement to serve as chief of the team overseeing the base renovations, estimated there was $300 million in damage. Captain Harold Kauer, general manager of Chile’s public-private shipbuilding and ship repair company, ASMAR, estimated an additional $350 million in losses to the shipyard. A New Base With Talcahuano effectively destroyed, the most important naval base and shipyard in the country was inoperable. The 4,626-acre Talcahuano Naval Base and its 7,000 Sailors are strategically located 500 kilometers south of Santiago, maintaining a key defensive position in the South Pacific. The base includes the headquarters of the submarine force, arsenals, training camps for marines, a hospital and Sailor housing, schools and a ship for scientific investigation. The ASMAR shipyard included two dry docks, five floating docks, several repair shops and a storage warehouse. “There was an important commitment by the government to recover and rebuild all the areas and dependencies that suffered the worst damage,” said Lucia Dammert, a security and defense expert who teaches at the University of Santiago. “Within the geographic regional strategy, there was also an important investment to improve what was there before and make it operational again very quickly.” The Chilean government decided not just to rebuild, but to upgrade Talcahuano. Within three days, once the city of Talcahuano was secured, hundreds of naval cadets and community volunteers, working in three- to four-week rotations, began to clean and rebuild the community. Simultaneously, rotations of Sailors worked on the base to bring it back to operational condition. Capt. Lledó and his team, working closely with the commander of the Navy and the government, developed a three-phase plan to rebuild and upgrade the base. The Chilean Congress approved $212 million to supplement an undisclosed sum recovered for insured facilities and equipment. The Navy committed to a goal of bringing the base back to operational capacity in 18 months. The ASMAR facilities were operational in an astonishing four months — by July 1, 2010. By February 2013, the rebuilding plan was in its second phase, with 62 percent of repairs and improvements complete and $152 million spent. “We designed a new naval base,” Capt. Lledó said. The base upgrade has thus far included more than 2,100 feet of piers installed with earthquake-resistant pilings. All nonessential facilities were relocated to higher ground, including schools, homes and offices. Since 600 computers were lost in the tsunami, sensitive equipment in seaside buildings, including new power generation plants, was raised above flood levels. ASMAR is also expanding its ship-repair capacity by dredging the bay to a depth of 24 feet to accommodate more and larger ships. “For us, at first it was a disaster,” said Capt. Kauer, as he sat at his desk below a portrait of Chilean naval hero Arturo Prat. “Today, we have realized that it was a tremendous opportunity, and we are taking advantage to re-engineer shipbuilding, logistics, human resources and obviously, with a new commercial endeavor.” For Capt. Lledó, the son of a sailor and a lifelong submariner who spent 25 years at Talcahuano, coming out of retirement to rebuild the base has special meaning. “This, for me, is also a nice life goal, to be able to finish my naval work rebuilding the place where I have always lived and worked.”last_img read more

iPhones, Android Devices & Samsung TVs Vulnerable to CIA Spies, Leaks Reveal

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A major CIA leak published by WikiLeaks on Tuesday revealed that the world’s most popular smartphones and television sets from a major manufacturer are vulnerable to the covert agency’s burgeoning cyber unit.The leak of more than 8,000 CIA documents to anti-secrecy group WikiLeaks contains perhaps the most explosive set of revelations since NSA secrets were provided to journalists by whistleblower Edward Snowden. The CIA has reportedly declined to comment on the authenticity of the documents, but WikiLeaks has a long history of disclosing genuine top-secret government files. Dubbed “Vault 7,” the document dump outlines the vast resources at the disposal of the CIA’s Center for Cyber Intelligence, the agency’s own version of the NSA. These include an arsenal of computer exploits—malware, viruses, trojans and other invasive tools—the CIA’s covert hacking operation can deploy to target Apple iPhones, Google Android devices, Samsung TVs, Microsoft’s ubiquitous operation system Windows, and other targets. Among the most eye-opening of the disclosures is a CIA Center for Cyber Intelligence attack cryptically called “Weeping Angel” targeting Samsung smart televisions. The intrusion allows government hackers to manipulate the TVs to act as if they’re turned off while covertly recording conversations and routing audio files to a secret CIA server. The attack was allegedly developed alongside the United Kingdom’s MI5 agency, according to the WikiLeaks. One document published by the group Tuesday titled “Weeping Angel – Things you might do” considers the possibility of extracting browser history and WiFi credentials from Samsung TVs and opportunities to remotely access devices. Also troubling for privacy advocates, the CIA has found a way to circumvent encrypted messaging software like Signal, WhatsApp and Telegram by accessing smartphones directly and collecting communications before encryption protocols take effect, WikiLeaks revealed. In response, Telegram said it was “misleading” to suggest that its software is prone to CIA attacks. WikiLeaks did not identify the source of the leaks, but the group said the person sought to inspire an “urgently” needed debate into the agency’s cyber division powers. “The source wishes to initiate a public debate about the security, creation, use, proliferation and democratic control of cyberweapons,” WikiLeaks said in a press release accompanying the disclosures. WikiLeaks also noted that the CIA “lost control of the majority of its hacking arsenal”—encompassing more than a hundred million lines of code—which would give any person in possession of the arsenal “the entire hacking capacity of the CIA.” The CIA’s extensive hacking unit included more than 5,000 users at the end of last year. The state-sponsored hackers were so prodigious that they “utilized more code than that used to run Facebook,” according to WikiLeaks. What the CIA achieved in terms of building its army of hackers was impressive. If what the documents indicate are true, it would mean the agency, much like the National Security Agency, is capable of large-scale cyber espionage, but without public oversight and working as rivals to the NSA instead of collaborators. “The archive appears to have been circulated among former U.S. government hackers and contractors in an unauthorized manner, one of whom has provided WikiLeaks with portions of the archive,” the organization said. The disclosures are the most significant in the nascent Trump administration and may rival those by NSA whistleblower Snowden, who revealed massive government spying on a scale never before known publicly. WikiLeaks was previously the source of 700,000 secret U.S. State Department cables and military documents regarding the Iraq and Afghan wars leaked by Chelsea Manning. Prior to leaving office, former President Obama commuted Manning’s sentence, effective later this year. The group’s mercurial leader, Julian Assange, has most recently made news for WikiLeaks’ release of emails from the Democratic National Committee, Hillary Clinton, and a powerful Democratic operative during last year’s presidential election campaign. The Russian government was allegedly the source of the disclosures, though no definitive proof has yet to emerge publicly.Now WikiLeaks is making waves again. In an increasingly interconnected world, the revelations could trigger yet another public debate about privacy in the United States and abroad. That’s because the ubiquitous smartphones around the world are predominantly Google Android and Apple iPhone devices—both of which the CIA’s hacking division can allegedly exploit, according to WikiLeaks.Google’s Android operating system, which is the software used by several leading smartphone makers, accounts for more than 80-percent of the worldwide market share as opposed to Apple’s 12-percent share. The documents state that the CIA’s Mobile Devices Branch can deploy attacks “to remotely hack and control popular smartphones.” The person conducting the hack can gain access to the smartphone owner’s geolocation, audio and text communications, and remotely engage the phone’s camera and microphone, the documents suggest. Included in the dump was information about a program called “Umbrage,” in which the CIA can re-use malicious attacks that originated from other countries, including Russia. If the CIA repurposes such an attack, it can appear as if it were deployed from where it originated, thus misleading investigators. WikiLeaks said some information, such as email addresses and names, had been redacted prior to publication. The documents cover a three-year period from 2013 to 2016.last_img read more

How to use content marketing services to cross sell to CU Members

first_img 34SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Content marketing services involve a marketing technique of creating and distributing valuabe, relevant and consistent content to attract and acquire a clearly defined audience, with the objective of driving profiltable customer action.  The key word here is “valuable” according to Forbes.Likely your CU is using content marketing services to promote specific campaigns identified by their strategic plan for the year.  Additionally, these campaigns should also align with SMART business goals for the year (i.e. increase new checking accounts by X, grow auto loans by X, grow home loans by X, increase savings accounts by X, etc.) at your CU.  Here are some examples of content and channels we use with our clients to cross sell to their CU members.eBooksMost of our clients include eBooks in their campaigns.  These eBooks range in size from 2000-4000 words in length, depending on the topic.  We recently developed an eBook for a client to use for their home loan campaign.  After some SEO and keyword research, we decided it would be best to develop a printable “Home Buying Checklist” eBook that its members could print out and take with them to aide in their home buying success. continue reading »last_img read more

Vestal senior tees off girls’ golf team with Girl Scout project

first_imgOnce she got the approval the team was off and running. Gaylord and five other girls were a part of the inaugural girls’ golf team at Vestal High School. She decided to combine her two passions. Gaylord set out to start a girls’ golf team at the school. To finish off her project and receive her award, Gaylord is working on putting together a girls’ golf clinic for younger age groups. The team has since added four more girls to the mix. Gaylord said they are looking forward to beginning their second year in the spring of 2021. “It definitely pushed me to try and be better and try and keep up with them and do as well as they did,” Gaylord told 12 News. VESTAL (WBNG) – Mia Gaylord has been a girl scout since kindergarten and has been playing golf since the 3rd grade. center_img Still participating in Girl Scouts, Gaylord had to do a project to receive her gold award. The project had to be centered around something that would help the community. “When it first started I almost didn’t think it was going to happen because of the school’s budget,” said Gaylord. “But once we got it started we all really enjoyed our time and it was rewarding to see it all come together.” When she got to Vestal High School there was no girls’ golf team. Gaylord told 12 News she had to join the boys’ team if she wanted to continue playing the sport she loved. “I’ve had to document my time that I’ve worked on the project and then I submit a final report to them when I’m done and they approve if I get the award or not,” said Gaylord.last_img read more

PREMIUMBrands struggle to attract customers amid changing media habit, research says

first_img Indonesia survey Kantar-Indonesia Facebook consumer-goods brands growth Linkedin Forgot Password ? Log in with your social account Consumer goods brands are struggling to expand their customer base and boost product sales as the ongoing shift in media consumption continues to disrupt marketing strategies, recent research showed.According to a joint survey conducted by market research firm Kantar Indonesia and social media giant Facebook, consumer goods companies are finding it more difficult to achieve growth as consumers make the shift from conventional media outlets to their digital counterparts. “The growth of brands, which reached 73 percent in 2017, fell to only 42 percent in 2018,” Kantar Indonesia’s expert solution director Johan Pangaribuan said during the study’s release on FridayThe survey further indicates that only 32 percent of consumer goods brands were able to record growth in the past two consecutive years.The survey involved 11,000 households across the c… Google LOG INDon’t have an account? Register here Topics : Facebooklast_img read more

The Domain offers versatile urban living with city and river views

first_imgThe Domain Kangaroo Point is offering apartments, residences, townhomes and penthouses in a mixed residential development in the inner-city.THE BASICSTHE DOMAIN KANGAROO POINTDeveloper: R & F PropertiesPrice: From $482,307Location: Lambert Street, Kangaroo PointDisplay Apartment: 20 Hockings Street, West EndThe Domain Kangaroo Point is a collection of one, two and three bedroom apartments; two and three bedroom townhouses; and three bedroom penthouses in the inner-cityA NEW inner-city mixed residential development has launched to the public offering a range of living options and with resort-like facilities.The Domain Kangaroo Point is the latest residential development to hit the market, offering 120 apartments, 63 premium residences, 12 townhomes and five penthouses. More from newsMould, age, not enough to stop 17 bidders fighting for this home2 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor2 hours agoThe Domain Kangaroo Point“At R & F, our long-term business development plan has a strong commitment and determination to create communities through sustainable developments. Our connection to the local market has always been the key to our success. The Domain will be a magnificent example of this,” Mr Chiu said. “The Domain collection offers residents the chance to lead unique cosmopolitan lives, whether from apartments, penthouses and townhouses.“What we value most about this site are its sweeping views of both the Brisbane CBD and River, and how well it embraces the urban life of Brisbane in an exclusive location.” The Domain Kangaroo PointThe project offers a range of versatile living options, with the townhomes set on leafy Lambert Street offering immediate connection to the suburb’s cosmopolitan lifestyle. In The Domain tower, 20 floors of apartments will provide the amenity of city living, coupled with stunning views. Further skyward, exclusive penthouses rule the top floors, all crowned by a residents’ rooftop. Residents have exclusive access to the rooftop amenities, which would rival any high-level hotel experience. The Domain Kangaroo PointIt is the second of seven upcoming residential projects for R & F Properties in Australia. The first, Brisbane One, commenced construction on Cordelia Street, near South Bank earlier this year.R & F Property Australia CEO Thomas Chiu praised the contemporary design of the project, welcoming its significant offering to residents keen to join the exclusive, tightly held northeast peninsular of Kangaroo Point.center_img The Domain Kangaroo PointThe rooftop includes a pool, sundeck and lounge set among tropical gardens, as well as a gym, sauna, media room, kids playing area, private dining area and a golf simulator. Designed by Elenberg Fraser, The Domain will feature the highest quality in natural materials to create warm tones with sleek lines and all accentuated with bold metal finishes. The Domain Kangaroo Point.Kangaroo Point offers an enviable river lifestyles, centrally located with the amenity of a CBD address but secluded from the hustle of CBD life.The meandering river boardwalk will link The Domain to South Bank and the CBD via CityCat or to Dockside via the free City Glider service. The development will also be within walking distance of the best of the suburb’s dining and entertainment surrounding the Story Bridge.last_img read more

Report lays out plan for German pension dashboard

first_imgA report commissioned by the German government has proposed a centralised ‘pension dashboard’ to give savers a calculation of their total accrued pensions in the first and second pillars.The proposal was contained in a 180-page report by consultancy group Aon and the Institute for Insurance Science at the University of Ulm, and presented at this year’s Handelsblatt occupational pensions conference in Berlin.It outlined the concept of a secure website where German savers could get a calculation of their accrued pension rights and possible future accruals from existing supplementary pension plans as well as the first pillar.The website would then collate all the available data and calculate a possible future monthly retirement income estimate, stating it as a purchase power equivalent value for the time of the request. The government had commissioned the report to look into the challenges and advantages of introducing a “cross-pillar pension information system”. Germany’s government has confirmed plans to explore a pension dashboard conceptKonrad Haker, from the German social ministry BMAS, confirmed the pension dashboard was on the government’s agenda.“Over the next week we will hold talks with the stakeholders and consensus will be necessary on fundamental decisions such as the scope of the platform, its structure and how it should be run,” he said.Last year, the government set up the Deutsche Renten-Information to create a pension dashboard. In a preliminary project it invited a sample of German citizens to upload their pension information and obtain an estimate of their retirement income.However, as stated in the new report, it became clear that, while people would have liked to have this cross-pillar accumulated calculation, only a few provided the data and some provided information irrelevant to their retirement income.The dashboard plan The authors of the study proposed a centralised digital platform – probably overseen by a government department – for information coordination but not for data storage.Data on accrued pension rights would only be collated when a registered user requests the information.“Afterwards all the information would be deleted from the platform again and it would only be stored with the pension providers that already have the data,” said Hans-Joachim Zwiesler, a professor at the University of Ulm and one of the authors of the report.He said the model calculations of a possible future monthly retirement income “should be made available to the user” for download as it “could be used when seeking professional advice” on supplementary pension arrangements.However, Zwiesler emphasised that the platform would “not consult” on any products or action to be taken.The study proposed a pension glossary and “general information” on retirement provision to be included in the dashboard. It could also be used to inform members about possible tax advantages of certain pension provisions, or the possibility of making top-up payments.Information standardsRegarding the information provided by companies and pension providers, co-author Gundula Dietrich, a partner at Aon, said it was “not expedient to completely leave it up to them to provide information”.As a first step, the researchers said they would like to see providers “co-operate in a trial run” of a possible future pension dashboard.However, the German government would first have to agree on starting such a trial, as well as the legal framework to accompany it.Dietrich and Zwiesler called on all stakeholders to start at least a “lite” version of an information tool “as soon as possible”.They also hoped for a knock-on effect on pension data standards, as information requirements could help providers standardise their data and – in some cases – “get the boxes with files out of the cellar”, as one audience member put it.Lukewarm receptionSeveral pension providers indicated to IPE that the industry was not entirely keen on the project.Representatives of larger companies with in-house pension plans and good information on occupational pensions claimed their members were well-informed enough and could already get more details – including calculations on future accruals – at any time.On the other hand, people working at smaller, multi-employer Pensionskassen argued that an information service such as a dashboard would be important to have.“We think the project is feasible and it might be good just to start off by providing users with an information on where they accrued pension rights,” Dietrich said.After a pilot phase – provided there was political consensus for the project – she estimated that the “actual start” would be scheduled for “two to three years’ time”.In an online survey at the Handelsblatt conference, delegates were asked which income should or should not be included in a future pension dashboard. Of the respondents, 81% said they would exclude income from real estate rental, while 16% would not want fund investments included.The study (in German) can be downloaded here.last_img read more

Strong sales proof of Gold Coast property market’s strength

first_imgRay White Surfers Paradise Group’s mega-auction The Event drew a big crowd at the weekend.PROPERTY on the Gold Coast is as hot as ever with almost $20 million worth of sales inked at the nation’s largest in-house auction The Event at the weekend.The success of Ray White Surfers Paradise Group’s annual mega-auction was on par with last year’s, which racked up $19 million in sales on the day.Hundreds of house hunters crowded into Royal Pines Resort on Saturday where more than 100 registered buyers engaged in frenzied bidding. By the end of the day, 31 properties had sold while many more were under negotiation.Several prestige properties were among those being negotiated, including a Sovereign Islands residence that received an $8.5 million pre-auction offer.Ray White Surfers Paradise Group chief executive Andrew Bell said they were pleased with the outcome and expected the clearance rate to rise in coming days. MORE NEWS: The Event: Last ditch attempt to buy pays off Ray White Surfers Paradise Group chief executive Andrew Bell led the auction.“The results came off the back of 176 registered bidders, which saw many properties the subject of strong bidding, and as often happens in a rising market, a gap occurs between the ambitions of the sellers and the comfort of the purchaser,” he said.“But the gap is so small in most cases we expect to see strong further outcomes in terms of sales.“Another observation from this year’s Event was the number of properties that sold well over the reserve price, which is a telltale sign of the market’s strength.”Mr Bell said the strong start to 2020 was a standout in the company’s 30-year history. “We’ve done just over 110 sales in the past three weeks so I’m very confident in what is ahead of us on the Gold Coast,” he said.“The real estate environment is very positive – the omens are very good with REA reporting searches and viewings up by more than 60 per cent on this time last year.“Similarly we are recording the highest number of inspections since 2017, so there is no doubt we have entered a very strong, positive market in 2020.” More from news02:37International architect Desmond Brooks selling luxury beach villa8 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day ago MORE NEWS: Unusual water feature will make you think before approaching Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:44Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:44 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p288p288p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow to bid at auction for your dream home? 01:45 Aaron and Celeste Morgan were the first buyers of the day, snapping up a Southport duplex. A quick decision to bid an extra $1000 ensured the property was theirs. When $580,000 was called, the pair made a final bid of $581,000 when the hammer came down.While no strangers to buying property, their purchase was still a shock.“It’s the first time (we’ve bought) at auction, we normally do it through private treaty,” Ms Morgan said.“But we’re really excited, it’s like a new chapter.” Ray White Queensland chief executive Tony Warland said the Gold Coast had a buzz about it heading into 2020.“Making predictions can only come from past and present data but all indicators at present show a market that’s strong, as Queenslanders have always had a deep passion for a home and property investments, and we’re seeing that passion become more ambitious within the marketplace,” he said.last_img read more