Slow start costs Ashley WBC title

first_imgKenyan boxer Fatuma Zarika became the new World Boxing Council (WBC) female super bantamweight champion last Saturday night when she dethroned Jamaican Alicia ‘Slick’ Ashley by split decision, in a hard-fought contest in Flint, Michigan. This was the main bout on a six- fight card that was put on as a benefit to raise funds to assist with that city’s ongoing severe water problems. The three judges scored the 10-round fight 94-96 for Ashley and 96-94, 97-93 for Zarika. The fight was a close one and the Kenyan boxer was able to keep pace with the champion by utilising her boxing skills to avoid punches and then successfully counterpunching. She had the edge in the early rounds, but Ashley got her act together and fought back decisively in the second half of the fight to earn the verdict on one card and make it close on another. The 97-93 scorecard for Zarika was seen as an aberration. Ashley was not her usually dominant self in the early rounds and her adviser, Luigi Olcese, told The Gleaner yesterday that he believed she could have earned the decision if she had been more decisive in the early rounds. “She made her opponent miss, but did not make her pay when she did and this made the difference. I nevertheless thought that Alicia won the fight, but it did not go her way and we just have to move on,” said Olcese. “We have a return fight clause in the contract and we will see how soon we can make that fight happen. I am confident that Alicia will regain her title,” he added. Zarika, who is 31, improved her record to 28-12-2, while Ashley, who is still fighting brilliantly at age 49, falls to 23-11-1.last_img read more

Housing Demand Slips in the Midst of Low Supply

first_img in Daily Dose, Data, Headlines, Market Studies, News Demand Redfin Supply 2016-06-02 Staff Writer June 2, 2016 638 Views Sharecenter_img Housing Demand Slips in the Midst of Low Supply With fewer homes for sale on the market over the past year, housing demand had no choice but to follow suit and take a tumble as well, according to Redfin’s Housing Demand Index.The index, which is the first and only measure of homebuyer activity prior to purchase, and is based on millions of visits to home-listing pages and thousands of Redfin customers requesting tours and writing offers in 15 major metro areas, decreased 4.9 percent to 118 in April, the fifth consecutive month of year-over-year declines, Redfin reported.Demand appeared to high in the early stages, with the number of Redfin customers requesting tours up 19.8 percent year-over-year, up from the 17.7 percent increase recorded in March. It was later in the process where demand experienced a downturn, with a 6.7 percent year-over-year drop in the number of customers writing offers in April.”Timing is everything in today’s market,” said Nela Richardson, Redfin Chief Economist. “Even though it’s a seller’s market, a lot of sellers are also buyers who are risk averse as they confront an inventory drought while finding their next home. As sellers, they’re often taking the sure bet over the highest offer, whether it’s all cash or a lender guaranteeing a quick close. Only people with time wrangle up the price.”Home prices were up 5 percent in April compared to a year ago as sales grew 1.3 percent across the 15 metro areas measured by the Demand Index. Redfin reported that April marks a year of consistently falling inventory as the total number of homes for sale fell 2.2 percent. In addition, new listings were mostly flat, down 0.3 percent from last year.The report also showed that 63 percent of offers Redfin agents wrote faced bidding wars last month. This number aligned exactly with last year’s frequency. On the other hand, 29.6 percent of homes sold for more than their asking price, the highest level recorded since August 2013.Typically, homes stayed on the market for just 17 days, four days fewer than last year. Homes in Denver, the fastest market, went under contract in a median five days. In Portland and Seattle, buyers had just a little more time as the typical home took a week to sell.”Even with fewer buyers making offers than last year, the persistent depletion of supply made the market extremely competitive for those who bid on homes,” Redfin said.last_img read more