Metro gas prices up slightly
Average retail gasoline prices in Savannah have risen 2.4 cents per gallon in the past week to $3.40 gallon on Sunday, according to GasBuddy’s daily survey of 262 gas outlets in Savannah.
The national average has increased 1.8 cents a gallon in the last week to $3.53, according to gasoline price website GasBuddy.com.
Prices Sunday were 12.4 cents a gallon lower than the same day one year ago and 6.8 cents a gallon higher than a month ago. The national average has increased 9.2 cents a gallon during the last month and stands 8.3 cents lower than a year ago.
While gasoline prices are lower than I would have expected a few months ago, there is still some risk for higher prices in the days ahead,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan.
Local foreclosure rates decrease
Foreclosure rates in Savannah decreased for the month of January over the same period last year, according to newly released data from real estate reporting firm CoreLogic.
The CoreLogic data indicates the rate of Savannah area foreclosures among outstanding mortgage loans was 0.95 percent for the month of January 2014, a decrease of 0.51 percentage points compared to January of 2013 when the rate was 1.46 percent.
Foreclosure activity in Savannah was lower than the national foreclosure rate, which was 1.97 percent for January 2014.
Also in Savannah, the mortgage delinquency rate decreased. According to CoreLogic data for January 2014, 4.77 percent of mortgage loans were 90 days or more delinquent compared to 5.77 percent for the same period last year.
New charitable fund to benefit art students
Savannah Fashion Week will introduce its new charitable fund and its new sponsorship levels at a “Visionaires” kick-off party from 6-8 p.m. Wednesday at Soho South Café, 12 W. Liberty St.
Tickets are $10 or $5 for students at the door. Part of the proceeds will go to the Savannah Style Fund to encourage and support design students.
In addition to patron tickets, which start at $50, Three new sponsorship packages are available:
• “Angel Patron,” a $150 ticket includes admission to the runway show on May 1; a portion goes to a show ticket for a Savannah Arts Academy student.
• “SFW Visionaire,” a $250 ticket includes admission for two to the runway show.
• “SFW All Access,” a $500 ticket includes admission for two to the runway show and access to all events.
Savannah Fashion Week runs from April 28-May 3.
