4.20.12

Page 1

“THE ODYSSEY” NIYA BUTTS REFLECTS CATWALKING: COMES TO LIFE ON PAT SUMMITT’S ARIZONA AND ITS DEPARTURE ODD LAWS ONLINE AT AT OLD MAIN SPORTS — 7

DAILYWILDCAT.COM

ARTS & LIFE — 6

DAILY WILDCAT

Friday, april , 

DAILYWILDCAT.COM

SERVING THE UNIVERSITY OF ARIZONA SINCE 1899

Housing affordability on the rise Economic report from Eller shows market is good for potential buyers By Will Ferguson DAILY WILDCAT

The Tucson housing market is ripe for plunder and now is the time to buy, according to Eller economist Marshall Vest, the author of the Eller College of Management’s 2012-2013 Economic Outlook Report. The housing market is one of

several economic sectors that the report, updated quarterly, identifies as being on the rebound after a multipleyear slump. Vest said a lack of new housing in the city combined with low interest rates are driving demand and home price appreciation up. “Additionally, the cost of housing compared to household income is the best it has been going back a couple of decades,” he said. “Housing affordability stands at the highest level it has ever been.” Vest said the current market is a result of fallout from when the

housing bubble burst in 2007. “Before 2007, lenders and most homebuyers were working on the assumption that housing prices would go up indefinitely,” he added. “Everyone wanted to buy and no one wanted to rent.” He said the current market is the flip side of the coin. People would rather rent than buy due to what they perceive as a market still in the midst of a collapse. “Homebuyers asked themselves, ‘Why put money in an asset where the price is declining?’” he said. “But I

think that has started to change in the last few months. We are now seeing prices beginning to go back up.” Vest said housing affordability has been so good in 2012 that, in fact, the monthly cost of owning a home is comparable or even lower than the monthly cost of renting. David Fotheringham, a Tucson realtor for Ability Rental Homes, said options such as the FHA Kiddie Condo Loan Program allows parents to purchase a home with an initial down payment of as little as 3.5 percent, as compared to a 20 percent

industry standard. “We are pretty close to the bottom end of the market,” he said. “With the really low interest rates being offered for qualified buyers it is absolutely possible to make money off a home purchase in as little as four years.” Vest said the downside to the current buyer’s market is the difficulty for many would-be homeowners to obtain financing. “Lenders are very cautious and require all kinds of documentation

HOUSING, 2

Res Life hires new director

AROUND THE WORLD

Native Tucsonan Jennifer Hiatt to start job during the summer By Soinneah Monks DAILY WILDCAT

JANICE BIANCAVILLA / DAILY WILDCAT

Saudi Arabian students studying at the Center of English as a Second Language perform traditional dances during the International Festival on Thursday. The festival, coordinated by CESL, represented and celebrated cultures of more than 30 countries.

International students share cultures with festival on Mall By Brittny Mejia DAILY WILDCAT

Colorful flags, traditional dress, food and dance were just some of the cultural presentations offered at the Center for English as a Second Language’s International Festival on Thursday. Flags representing different countries hung in a tent on the UA Mall. Students from the center stood by their countries’ sections, providing information about their culture and customs. The event, which began at

10 a.m., provided attendees with the opportunity to speak with students from the center and learn about their hometown experiences. Some visitors had their names written in different languages, while others enjoyed Arabic tea or packaged snacks from different countries. “The best thing is that we can show our culture to people that don’t know about Mexico and hope they like Mexico,” said Odaliz Solis, who has been studying at the center for nine months and helped represent the Mexican cultural group.

At each table, students answered questions about their country and explained some of their stories. Visitors were free to try the food from different countries and enjoy a blend of music from different cultures playing on the stage. Crowds gathered throughout the day to watch some of the cultural groups perform traditional dances, as well as to hear performers sing in their native tongues. Each performance received a round of applause from the crowd. Despite the heat, some of the center’s teachers and lecturers noted

the benefits of hosting the event outside. This is the first year the event was not housed in the Center for English as a Second Language. “There’s a lot more traffic coming through and a lot more people asking questions,” said Kate Van Roekel, an adjunct lecturer in CESL who helped the Middle East cultural group organize its presentations. “It actually feels like a festival.” UA students and local elementary students alike attended the festival. “I think this is great for the young

The UA’s Residence Life will get a new executive director. Jennifer Hiatt, a native Tucsonan, has had a lot of experience working on college campuses with new students. After graduating from Arizona State University, Hiatt worked with Residence Life as an associate director of housing there before becoming the director of Jennifer Hiatt housing at New Residence Life Mexico State Uni- executive director versity. After leaving NMSU, Hiatt went to work for Spelman and Johnson Group, a firm specializing in higher education employment, where she was able to network and collaborate with a variety of universities. These opportunities allowed her to truly understand student affairs and housing, said James Van Arsdel, the UA’s assistant vice president of student affairs and university housing. Van Arsdel said Hiatt’s experience working in higher education, specifically in student affairs and housing, qualifies her to further her career as the UA’s Residence Life director. “Hiatt’s networking skills play into her ability to make connections and recruit a good staff, which is a huge issue for anyone, especially for Residence Life,” Van Arsdel said. “The

DIRECTOR, 2

HI

93 63

FESTIVAL, 2

LOW

Legislators, community members promote support and honor for Israel Religious group holds event to advocate peace in Middle East By Brittny Mejia DAILY WILDCAT

An American flag, an Arizona flag and an Israeli flag were placed atop a stage at the third annual “Night to Honor Israel” event, a call to the nation to stand in support of Israel. Students, parents, legislators and community members joined together to hear speakers discuss the need to support Israel on Thursday night. The event, hosted by the Christians United For Israel group, featured David Brog, the group’s

executive director, and a variety of speakers. “What we want to do is involve the campus and the community to get them to work together in order to raise awareness about how important it is to support Israel,” said Fernanda Winchester, a history senior and vice president of the group’s campus chapter. For the first time, the event was fully bilingual, allowing more community members to learn about Israel or voice their support. The event was also free to the public. “In the Bible, it speaks about how if we unite and fight for Israel, then God will bless us, because Israel is the kingdom of God,” said Arcelia Gutierrez, a senior at Amphitheater

Supporting Israel is in our best interest because it saves our souls.

— David Brog, executive director of Christians United For Israel

High School. “We want to support Israel.” The event itself began with the American national anthem, followed by the Israeli national anthem. When speakers took the stage, each commented on the challenges faced in Israel and the need for those in

America to continue their support. State Sen. Gail Griffin and state Rep. Ted Vogt discussed a resolution that voiced support for Israel. Vogt also emphasized the need for America and Israel to stand together. Brog was one of the last to speak. He thanked legislators and community members for attending. He also emphasized the reasons why the community should support Israel and why it is in America’s best interest to have a strong allied Israel confronting shared enemies in the Middle East. “Ultimately, supporting Israel is not only in our own self interest because it keeps our bodies alive,” Brog said. “Supporting Israel is in our best interest because it saves our souls.”

House, N.M. Home, Pa. Place, France

74 / 41 76 / 51 54 / 39

QUOTE TO

NOTE

They look kind of like zombies, but they’re louder and more fun, and they feed on the confections of local vendors rather than flesh.” ARTS & LIFE — 6

‘Like‘ us on Facebook facebook.com/dailywildcat

Follow us on Twitter twitter.com/dailywildcat

Circle us on Google+ gplus.to/dailywildcat


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.