Monthly Archives: May 2013

Macon Family Shares Story of Distracted Driving Accident

For a Macon family, a text message sent resulted in the loss of a loved one.

“It was in 2010. Our families had gathered together in Longview, Texas for my mom’s 80th birthday party. At the end of the party, Colton, my son came up to me and said, ‘Can I go ride back to the house,’ where my mon lived, ‘with Uncle Jay?’ and I said sure,” says Jerry Dingmore.

Uncle Jay’s wife, Betty, also rode with them. Dingmore followed just a few minutes behind.

“As they were coming over on the highway, a girl was texting and driving, and she looked up to see a car in front of her was stopped,” explains Dingmore. “She veered and hit them head on, both going probably sixty miles an hour.”

Dingmore says when he drove up to the accident, he got out of his car and looked for his nine-year-old son Colton.

“There was a sea of emergency vehicles all over the place.”

Colton and his aunt survived the wreck with minor injuries, but his Uncle Jay died on the scene.

Dingmore says, “I kept thinking, how am I going to tell my son at nine years old, this man that he idolized, worshiped everything he pretty much did, that he’s never going to see him again?”

But as Dingmore sat in the hospital with his son, he learned Colton already knew the whole story.

“He said, ‘I watched him die,’ and I said ‘Really?’ He said, ‘Yeah, right in front of me dad.’ He said ‘He yelled when the car came He struggled breathing, and I watch him die,'” explains Dingmore.

Later, when the family learned that the other driver had been texting, Dingmore says his emotions shifted to anger.

“It was about a text. It wasn’t that she had a medical emergency like she passed out or something. It was a text that was so avoidable,” he says.

It wasn’t just the Dingmores’ lives that changed that day. The other driver was charged with criminally negligent homicide, which is a felony. Dingmore says the family asked the judge to lower that to give the young driver a second chance.

“She’s still going to have to face a lot in life. She has some legal things as a result of that that she’s going to have to deal with and face. She’ll have to live the rest of her life knowing that she killed somebody, took a kid’s idol away. She took a husband of a wife of 50-something years away,” says Dingmore.

Over 3,000 other Americans died that same year in distracted driving accidents, according to a study from the U.S. Department of Transportation.

“You can be a great person and have great intentions, great standards, great morals, and all this, but do something so stupid as respond to a text while you’re driving a missile, pretty much, in that car and hurt your life. Colton will never be able to have the influence of that man in his life again over something so incredibly needless,” says Dingmore.

He says his son did walk away from the accident with an important lesson.

“It’s just not worth it. There is no text you’re ever going to get that’s worth it.”

Katelyn Heck

 


LPS: Home Prices Climb 2.9% from January to March

LPS: Home Prices Climb 2.9% from January to March

http://www.dsnews.com

BY: ESTHER CHO

In its latest reading on home values, Lender Processing Services, Inc. (LPS) reported strong price gains in March and increases in every state and metro the data provider tracks.

In dollar terms, the LPS Home Price Index (HPI) averaged $213,000 in March. The figure represents a 1.4 percent increase from February and a 7.6 percent improvement from March 2012. From January of this year to March, prices have climbed 2.9 percent.

However, national prices remain 19.5 percent below their June 2006 peak. According to LPS, Texas has already returned to its peak level, while Colorado sits just 0.7 percent below its 2007 peak.

Out of the 20 largest states LPS tracks, Georgia posted the biggest gain from February to March, rising 2.6 percent,

followed by Nevada (+2.4 percent), Washington D.C. (+2.1 percent), Washington (+2.1 percent), and Illinois (2.1 percent).

None of the states observed for the month showed price declines, but the states that brought in the smallest gains were Rhode Island, Tennessee, Pennsylvania, Vermont, Oklahoma, and Texas, where price increases ranged from 0.6 percent to 0.7 percent.

After analyzing 40 of the largest metro areas, LPS reported the markets that experienced the largest monthly price gains were San Jose (+3 percent), Atlanta (+2.6 percent), Las Vegas (+2.6 percent), San Francisco (+2.3 percent), and Deltona, Florida (+2.3 percent).

Despite the strong month-over-month gain, Las Vegas is 49 percent below its 2006 peak.

The bottom metro for March was Memphis, where price rose by just 0.2 percent. Prices increased by 0.4 percent for the remaining metros in the bottom five: York, Pennsylvania; Chattanooga, Tennessee; Harrisburg, Pennsylvania; and San Antonio.

For distressed sale prices, LPS data revealed short sales tend to be priced 25 percent below non-distressed properties, while REOs are sold at a discount of 26 percent.

In Nevada, REOs are discounted by just 9 percent, while in New York and New Jersey, the price reductions are much steeper, at 40 and 35 percent, respectively.

Among the largest states, short sale discounts were the biggest in New York, at 35 percent, and the smallest in Texas, where the discount rate averaged 17 percent.


Case-Shiller Indices Show Strongest Gain Since 2006

Case-Shiller Indices Show Strongest Gain Since 2006

http://www.dsnews.com

BY: MARK LIEBERMAN, FIVE STAR INSTITUTE ECONOMIST

Home prices posted their strongest year-over-year gain in almost seven years in March, as the 10- and 20-city indices rose 10.3 and 10.9 percent according to the Case Shiller Home Price Indexes released Tuesday. The national index, reported quarterly, was up 10.2 percent, also the sharpest year-year gain since 2006.

Prices increased in 15 of the 20 cities surveyed, falling in two and unchanged in the remaining three.

Mores details to follow.


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