Home price index jumps
The Standard & Poor/Case-Shiller Home Price Indices included some good news for the housing market, as 10- and 20-city composites hit the highest year-over-year gains since March 2006.
“Home prices continue to strengthen,” said David M. Blitzer, chairman of the Index Committee at S&P Dow Jones Indices. “Two cities — Dallas and Denver — set new highs, surpassing their pre-crisis levels and five cities — Atlanta, Chicago, San Diego, San Francisco and Seattle — posted monthly gains of over 3%, also a first-time event.”
Compared with a year ago, the 20-city composite increased 12.2%. On a month-to-month basis, the index increased 2.6%.
The growth was across the board. In fact, the data through the end of May shows that 20 cities measured by the index increased from May 2012 to May 2013 — and also from April 2013 to May 2013.
Palfinger hires field service technician
Cerritos, Calif.-based Palfinger Liftgates has hired Ricky Richardson as field service technician, effective July 15, 2013.
His territory includes New Mexico, Texas, Oklahoma, Louisiana, Tennessee, Kentucky, Mississippi, Georgia, Florida, North and South Carolina.
Residing in Shepherdsville, Ky., Richardson brings 36 years of experience to the Palfinger Liftgates team. In this role, Richardson will be primarily responsible for training OEM and distributors with installations training and after-sales service, as well as training and supporting fleet maintenance and troubleshooting for fleets with in-house service centers.
Hakan Peterson, president of Palfinger Liftgates, said: "I am pleased to offer Ricky the role of field service technician. Given his vast industry and related knowledge, I am confident that he will execute the responsibilities of this role excellently."