Home prices in Savannah increase
CoreLogic (NYSE: CLGX), a global property information provider, reported Tuesday that home prices in Savannah, including distressed sales, increased by 9.3 percent in July 2014 compared to July 2013.
On a month-over-month basis, home prices, including distressed sales, increased by 2.2 percent in July 2014 compared to June 2014.
Excluding distressed sales, year-over-year prices increased by 4.1 percent in July 2014 compared to July 2013. On a month-over-month basis, excluding distressed sales, the CoreLogic HPI indicates home prices increased by 1.3 percent in July 2014 compared to June 2014.
Home prices nationwide, including distressed sales, increased 7.4 percent in July 2014 compared to July 2013. This represents 29 months of consecutive year-over-year increases in home prices nationally.
“Home prices continued to march higher across much of the U.S. in July. Most states are reaching price levels not seen since the boom year of 2006,” said Anand Nallathambi, president and CEO of CoreLogic.
Enmark stations raise $1,000 for Savannah Bicycle Campaign
By matching proceeds raised from a lecture on making bicycling a healthy part of your life, Enmark stations have raised $1,000 for Savannah Bicycle Campaign, a nonprofit organization working to build a better Savannah through bicycling.
The lecture by campaign directgor John Bennett – “5 Ways to Make Bicycling a Healthy Part of Your Daily Life” – was the third of five lectures in the Enmark Encourage Health Education Series 2014.
Enmark has partnered with Healthy Savannah, the Savannah Morning News, Savannah Magazine, WJCL and GPB Savannah – WSVH 91.1/WWIO 89.9 to present five wellness lectures benefiting local nonprofits focused on wellness.
The next lecture will be Oct. 28 with Bert Tenenbaum, corporate director of wellness at Reliance Steel & Aluminum, presenting “Corporation’s 5 Waypoints on their Journey to Wellness.”
Tickets are $20 and can be purchased at the door at the Savannah Morning News auditorium, 1375 Chatham Parkway. Enmark will match all proceeds.
Gulfstream names sales rep in Central Africa
Savannah-based Gulfstream Aerospace Corp. has named SkyJet Aviation Services Ltd. as a commercial sales representative in central Africa. SkyJet’s territory includes Ivory Coast, Ghana, Nigeria, Uganda, Kenya, Tanzania and Zanzibar.
“Business aviation is growing in this part of Africa, especially in Nigeria, and shows no signs of slowing down,” said Scott Neal, senior vice president, worldwide sales and marketing.
SkyJet, a private charter airline and aircraft maintenance provider incorporated in 2006, is headquartered in Kaduna, a city in central northern Nigeria.