Minnesota Spokesman-Recorder
Buying a home in a seller’s market
MINNESOTA SPOKESMAN-RECORDER — For decades, buying a home wasn’t just a goal, it was an expectation — the foundation of the American Dream. And, it was relatively easy to achieve. According to a recent study by real-estate firm Unison, in 1975 the average person could save up enough for a 20-percent down payment in nine years.
For decades, buying a home wasn’t just a goal, it was an expectation — the foundation of the American Dream. And, it was relatively easy to achieve. According to a recent study by real-estate firm Unison, in 1975 the average person could save up enough for a 20-percent down payment in nine years.
While owning a house remains the single best way of accumulating wealth, it seems much further out of reach today. In the current market, the Unison study reports it would take 14 years to save that 20 percent down payment. In the tougher Minneapolis housing market, it would take 17 years.
It’s even worse for African Americans. In the last 20 years, the homeownership gap between Blacks and Whites has held strong at 30 percent.
Understanding the housing market, particularly since the 2008 crash, has become increasingly intimidating. Finding resources, tips and programs has grown complicated and overwhelmingly cumbersome to the novice or first-time buyer.
That’s where the Minnesota Homeownership Center (MHC) comes in. “It’s not that hard,” said Bill Gray, MHC stakeholder relations director.
“Is the process confusing? Yeah, the process is crazy town. [But] with somebody to walk you through it for free, you can pull it off,” said Gray.
MHC was created to show people with low incomes or those sidelined from homeownership by discrimination that buying a home is achievable, as well as both fiscally practical and advantageous.
For 25 years, the nonprofit has helped people buy homes around the state with such services as an intensive eight-hour homebuyer’s course, along with referrals to advisors and program specialists — all for free.
Trading myths for welcome mats
The organization provides “education and preparation from unbiased sources,” said Gray. “This isn’t education being given by a bank.” MHC works to help prospective buyers see through barriers that may prevent them from moving forward.
“Don’t fall for the myths that cause many people to believe ownership is not for them,” said MHS executive director Julie Gugin. “There’s a wide variety of community-based supports for those ready to start the homeownership journey.”
The biggest misconception is that buyers still need to come up with a 20 percent down payment to buy their home. “Who has $50,000 laying around?” asked Gray.
Instead, the MHC course equips participants with knowledge and resources necessary for successful homeownership. This ranges from how calculating how much house one can afford, learning to read and comprehend real estate-related information, and learning to interpret a house inspector’s evaluation.
Learning such vital information can do wonders in the home-buying process, said prospective homebuyer and MHC class participant Stacie Redmond. The 34-year-old sales associate and mother of three began her housing search shortly after her twins were born, which crowded their two-bedroom South Minneapolis apartment.
Getting ready
Redmond followed tips from the course, like building a $3,000 rainy-day fund to prepare for something like the hot water heater or other large appliance needing to be repaired or replaced — even before making an offer on a home.
Through the course, she was also referred to an MHC partner housing advisor who pulled Redmond’s credit report and identified tips for cleaning it up. The advisor then introduced her to a loan officer who informed her of a network of Minneapolis homebuyer programs.
“Everyone’s coming from a different place,” said Mary Kaluza, a homeownership advisor with MHC partner Lutheran Social Services.
Kaluza said advisors begin finding out what steps a prospective homebuyer has taken so far, what their goals are, what their finances look like, and what resources and programs are available to them.
After getting her finances in order, Redmond was ready to buy a house. But that was only half the battle; then came entering the market. She’s been on the hunt for nearly a year, seeing over 50 homes.
Redmond said she feels it’s actually harder to finally land a home than it is to get in a position buy one. In her experience, sellers see multiple offers almost instantly after putting the house on the market. Her latest lesson, she explained, is not just being in financial position but also being ready to make a move.
But she is hopeful in her search: “The market is switching from a seller’s to a buyer’s market,” said Redmond.
Kaluza said the largest misconception people have coming into homeownership is just how long it takes to become “mortgage ready.” Echoing Redmond, that’s often the easier part.
“Right now, housing prices are so high that it’s really tough for people,” said Kaluza, adding that “houses are moving very, very quickly.”
She said she’s heard “over and over again” from people who find a house, make a quick offer, and still hear back that the house is taken. Kaluza heard of an instance in which a house was put on the market and then taken off within two hours.
In other cases, the competition cranks up the original price of the house, forcing people to drop out of the bidding.
Kaluza said, “People need to be ready to pounce on a home and submit an offer,” but also noted the trend toward making rushed bids is also “really concerning. Somebody might jump on an offer and might miss important steps.”
Buying a home is a long-term investment. Doing something ill-advised, like rushing into buying more house than the buyer can afford, can make life much harder down the road, Kaluza said.
Though people are more cautious now, she noted that many people fell into this trap during the 2008 housing bubble. “In general, I would really urge people to be patient.”
In the meantime, keep saving, and protect your credit by making payments on time and refraining from opening new lines of credit, Kaluza advises. “A home is still middle America’s biggest source of wealth. And it’s important. You don’t want it to be a drain. You want it to work for you.”
This article originally appeared the Minnesota Spokesman-Recorder.
#NNPA BlackPress
Coronavirus: Mayo Clinic’s Dr. Joyner Leads COVID-19 Plasma Treatment Research
NNPA NEWSWIRE — We have people from about 40 universities and medical centers all over the country from about 20 states working on this and we are getting cooperation from the Food and Drug Administration. We are trying to get this online right away it’s already started in New York and Houston and we hope the pace is going to pick up throughout April.
By Minnesota Spokesman-Recorder News Service
At Mayo Clinic in Rochester, Dr. Michael Joyner of the Mayo Clinic in Rochester is part of a group of experts that are pursuing a unique but time-tested treatment to help patients with COVID-19 fight off the virus. Convalescent plasma treatment has been used historically to treat infectious diseases before the discovery of vaccines.
Dr Michael Joyner (MJ) sat down with MSR for a brief interview
MSR: What is involved in convalescent plasma treatment?
MJ: It involves taking antibody-rich plasma from the blood of patients who have survived COVID-19, then infusing it into those who are ill to help their bodies fight off the disease. The approach is known as “convalescent plasma treatment.”
MSR: Why is it called convalescent plasma treatment?
MJ: It’s called convalescent because the word refers to when people are getting better.
MSR: You spent most of your career as a physiologist how did you get involved in this?
MJ: That’s true and I am also an anesthesiologist. What happened is my friend Dr. Arturo Casadevalle at John Hopkins wrote an editorial in the Wall Street Journal discussing the historical use of convalescent plasma. I reached out to Arturo and since we have a large network of collaborator we reached out to them. This was me repurposing my career for a few months in my lab to help attack this problem, to see if we could find some way to push back. I have thrown in with Arturo and want to help him move this forward. He is our visionary/spiritual leader.
MSR: Tell us who else is involved in this project?
MJ: We have people from about 40 universities and medical centers all over the country from about 20 states working on this and we are getting cooperation from the Food and Drug Administration. We are trying to get this online right away it’s already started in New York and Houston and we hope the pace is going to pick up throughout April.
MSR: The FDA has approved the process but with limitations. Explain the limits?
MJ: You have to get special permission. It’s one off at a time. We are currently working to get an expanded access protocol going so we can begin to collect more [plasma] all over the country and treat more people. It’s going to be a while until the supply is high. Infrastructure is being put in place to collect it at scale distribute it and get it to the people who can benefit from it. And then keep detailed records and make sure we do all the compliance and reporting, get people’s permission and study it while we are actually using it. We want to do it in a rigorous and ethical way.
MSR: When does this treatment date back to?
MJ: Before 1900 it was tried.
MSR: It appears some people have died from heart failure as a result of contracting the virus. How do you explain this?
MJ: One of things that can happen when you have an overwhelming infection is you have a condition called myocarditis meaning the heart becomes inflamed and the efficiency of the pumping action becomes worse. It’s unclear if COVID19 does anything unusual. It appears that when you are septic and when you have critical illness, when you have multi organ failure, typically your heart function goes down as well. It’s unclear if there is any kind of nasty stuff being excreted by this virus. It’s possible it targets the heart, but we don’t know that yet. My guess is it is more of the general phenomena. Time will tell we have to do the research.
MSR: How does COVID-19 attack the body?
MJ: Not clear exactly how covid attacks the body
I think we are 80 percent there. We have the general game plan but the details are still being worked out
MSR: How are you going to get started in Minnesota?
MJ: There are plans to collect it [plasma] and distribute it nationally. Most of the people we will begin to collect [plasma] from will be in the Rochester and southeastern Minnesota region.
MSR: What is plasma?
MJ: When you look at your blood it is red but red cells are about 40 percent the rest is protein containing fluid that if you separate it put it in a centerfuge and spin it around you will get this kind of yellowish material that’s plasma is the part of the blood of the blood that is not the red and white cells the non-cellular part of the blood.
MSR: What are its chances of success?
MJ: It’s too soon to tell. It depends on how sick the patient is. Our best shot is people who are sick but not terribly sick or in the ICU yet. And it may help people in the ICU.
MSR: Is it a panacea?
MJ: No what we are trying to do is bend some curves. We want to stop people deteriorating as they go form sick to the ICU and as they get in the ICU and do worse, we want them to stabilize and get better.
#NNPA BlackPress
Minnesota Doctors on the Cutting Edge Of COVID-19 Fight
NNPA NEWSWIRE — Molecular testing technologies help detect the presence of a virus by identifying a small section of the virus’ genome, then amplifying that portion until there’s enough for detection. This process can cut testing wait time from hours, if not days, to as little as five minutes for positive results and 13 minutes for negative results. They have been using this technique for influenza detection since 2014.
By Mel Reeves, Minnesota Spokesman-Recorder Community Editor
Minnesota doctors and researchers are on the cutting edge leading the fight in the war against COVID-19. Doctors and researchers at the University of Minnesota and Mayo Clinic are searching for medications that help ease the effects of the virus, including a process of plasma transfer, while also working to develop a vaccine.
No ‘new normal’ until August
The MSR interviewed Dr. David Hamlar (DH), assistant professor of the Department of Otolaryngology at the University of Minnesota
MSR: Incredibly, despite the number of cases and deaths, there are some in our community calling the coronavirus a conspiracy or hoax. What do you say to them?
DH: This is no hoax!
MSR: Why has the CDC and others recommended people stay six feet apart?
DH: People who are within six feet of one another may spread the virus through respiratory droplets produced when an infected person coughs or sneezes. These droplets can land in the mouths or noses of those who are nearby or potentially be inhaled into the lungs. The droplets are airborne through aerosolization [producing a fine mist of minute particles].
MSR: How does one actually contract the virus?
DH: The COVID-19 virus can live in any living cell. It is transmitted primarily via the aero-digestive system, meaning airways and oral mucosa.
MSR: Has anything been found to be effective in fighting off the effects of the virus?
DH: Peridex or chlorhexidine has been found to decrease the viral load but not eliminate the virus itself.
MSR: There has been talk about anti-virals being effective in helping those who have contracted the virus to fight it off. Tell us more about that.
DH: Antivirals are the same medications initially utilized in HIV-positive patients who contracted AIDS. These seemed to lessen the symptoms if not reduce the viral load and increase the CD4-T cell count.
MSR: What makes the virus fatal?
DH: COVID-19 deaths are attributed to pulmonary or lung disease progression such as pneumonia. Cardiac events such as heart attacks have not been found to be part of the disease progression and death.
MSR: Why are pre-existing diseases a serious problem for people if they contract the virus?
DH: Pre-existing conditions such as asthma, chronic obstructive pulmonary disease, COPD, diabetes, congestive heart failure, CHF, and autoimmune diseases limit the body’s ability to fight diseases.
MSR: There has been a lot of discussion in the medical community about a vaccine. How soon do you anticipate one being ready for use?
DH: With controlled protocol-based studies, the estimate for a safe vaccine is 9-12 months away.
MSR: There have been problems in the U.S. getting people tested for COVID-19, some reporting long waits for test results. It has been reported that Abbott Labs has come up with a test that can provide results in a matter of minutes. How are they able to do this?
DH: Abbott Labs can detect the COVID-19 virus through a technique called molecular point-of-care testing for COVID-19, which offers healthcare workers rapid results in more settings where people show up for care.
Molecular testing technologies help detect the presence of a virus by identifying a small section of the virus’ genome, then amplifying that portion until there’s enough for detection. This process can cut testing wait time from hours, if not days, to as little as five minutes for positive results and 13 minutes for negative results. They have been using this technique for influenza detection since 2014.
MSR: There has been some discussion around Vitamin C that it can help stave off the disease. What is your professional opinion about its effectiveness?
DH: Vitamin C is a potent antioxidant, helping to reduce the damage caused by free radicals and thereby helping prevent the development of conditions like heart disease and cancer. Severe vitamin C deficiency is a serious condition, known for centuries as the sometimes-fatal disease scurvy. It helps in wound healing. It is a part of a healthy diet. It is not a specific inhibitor of contracting COVID-19.
MSR: When do you expect the virus to peak? When do you think the country can get back to normal?
DH: I personally feel that this is a virus that will be with us for prolonged periods until a vaccine is found. If the virus mutates or recurs in different forms, then even vaccines will be limiting disease agents like with influenza.
Once we get control or flatten the curve, we can start to realize a “new normal.” I predict August.
MSR: Any advice to our readers on how to stay safe during this pandemic?
DH: Stay healthy. Eat right, get rest, don’t smoke, limit alcohol use, and do all of the things your mother told you to do but you neglected!
Push for plasma treatment underway
At Mayo Clinic in Rochester, Dr. Michael Joyner (MJ) is part of a group of experts who are pursuing a unique but time-tested treatment to help patients with COVID-19 fight off the virus. Convalescent plasma treatment has been used historically to treat infectious diseases before the discovery of vaccines.
MSR: What is involved in convalescent plasma treatment?
MJ: It involves taking antibody-rich plasma from the blood of patients who have survived COVID-19, then infusing it into those who are ill to help their bodies fight off the disease. The approach is known as “convalescent plasma treatment.”
MSR: Why is it called convalescent plasma treatment?
MJ: It’s called convalescent because the word refers to when people are getting better.
MSR: You spent most of your career as a physiologist. How did you get involved in this?
MJ: That’s true, and I am also an anesthesiologist. What happened is my friend Dr. Arturo Casadevalle at John Hopkins wrote an editorial in the Wall Street Journal discussing the historical use of convalescent plasma.
I reached out to Arturo, and since we have a large network of collaborators, we reached out to them. This was me repurposing my career for a few months in my lab to help attack this problem, to see if we could find some way to push back.
I have thrown in with Arturo and want to help him move this forward. He is our visionary and spiritual leader.
MSR: Tell us who else is involved in this project.
MJ: We have people from about 40 universities and medical centers all over the country from about 20 states working on this, and we are getting cooperation from the Food and Drug Administration. We are trying to get this online right away. It’s already started in New York and Houston, and we hope the pace is going to pick up throughout April.
MSR: The FDA has approved the process but with limitations. Can you explain the limits?
DJ: You have to get special permission. It’s one off at a time. We are currently working to get an expanded access protocol going so we can begin to collect more [plasma] all over the country and treat more people.
It’s going to be a while until the supply is high. Infrastructure is being put in place to collect it at scale, distribute it, and get it to the people who can benefit from it. And then keep detailed records and make sure we do all the compliance and reporting, get people’s permission, and study it while we are actually using it. We want to do it in a rigorous and ethical way.
MSR: When does this treatment date back from?
MJ: Before 1900 it was tried.
MSR: It appears some people have died from heart failure as a result of contracting the virus. How do you explain this?
MJ: One of things that can happen when you have an overwhelming infection is you have a condition called myocarditis, meaning the heart becomes inflamed and the efficiency of the pumping action becomes worse. It’s unclear if COVID-19 does anything unusual.
It appears that when you are septic and when you have critical illness, when you have multi-organ failure, typically your heart function goes down as well. It’s unclear if there is any kind of nasty stuff being excreted by this virus.
It’s possible it targets the heart, but we don’t know that yet. My guess is it is more of the general phenomena. Time will tell. We have to do the research.
MSR: How does COVID-19 attack the body?
MJ: It’s not clear exactly how COVID attacks the body. I think we are 80 percent there. We have the general game plan, but the details are still being worked out.
MSR: How are you going to get started in Minnesota?
MJ: There are plans to collect it [plasma] and distribute it nationally. Most of the people we will begin to collect [plasma] from will be in the Rochester and southeastern Minnesota region.
MSR: What is plasma?
MJ: When you look at your blood it is red, but red cells are about 40 percent. The rest is protein-containing fluid that, if you separate it, put it in a centrifuge and spin it around, you will get this kind of yellowish material. That’s plasma. It is the part of the blood that is not the red and white cells, the non-cellular part of the blood.
MSR: What are this treatment’s chances of success?
MJ: It’s too soon to tell. It depends on how sick the patient is. Our best shot is people who are sick but not terribly sick or in the ICU yet. And it may help people in the ICU.
What we are trying to do is bend some curves. We want to stop people deteriorating as they go from sick to the ICU, and as they get in the ICU and do worse, we want them to stabilize and get better.
#NNPA BlackPress
COMMENTARY: Dying to Work — Amazon, Other Frontline Workers Bear Brunt Of COVID-19
NNPA NEWSWIRE — Nationally, workers have voiced… complaints about a lack of protective equipment such as masks, inefficient sanitizing of workspaces, and failure by some employers to honor the social distancing as recommended by the CDC to protect themselves from contracting the coronavirus.
Many Forced to Choose Between Safety and Paying the Bills
By Mel Reeves, Community Editor, Minnesota Spokesman-Recorder
“The organizer’s conduct was immoral, unacceptable, and arguably illegal,” is how an Amazon official sought to frame the efforts of one of its workers who was fired by the company. The worker, Christian Smalls, had tried to bring attention to unsafe working conditions at an Amazon warehouse in New York City.
Smalls had complained about the lack of gloves and masks and that the company had not been forthcoming in sharing with workers that others in the warehouse had contracted the virus, putting everyone at risk.
The official Amazon general counsel David Zapolsky also wrote in notes during a company meeting that included Amazon head Jeff Bezos, that Smalls who is Black, was not “smart or articulate.” Ironically, Smalls has told his story to several national news outlets, including a major news network.
Nationally, workers have voiced similar complaints about a lack of protective equipment such as masks, inefficient sanitizing of workspaces, and failure by some employers to honor the social distancing as recommended by the CDC to protect themselves from contracting the coronavirus.
Many have expressed anxiety about facing a kind of “Sophie’s Choice,” that is, forced to choose between going to work and possibly risk being exposed to the coronavirus or staying at home and not being able to put food on the table or pay bills.
The MSR last weekend asked a few employees at one of the local Minneapolis Cub stores why they were not wearing masks. Two of them said management had told them they didn’t want them to wear masks. They said management cited the CDC as declaring people do not need to wear masks to be safe from contracting COVID-19.
Asked if management had been informed that the CDC has since changed its guidelines, they said they were not sure. “I hope it changes,” said one employee who wished to remain anonymous.” I definitely want to protect myself.”
Amazon fired Smalls last week after he led a walkout by a number of employees at a Staten Island distribution warehouse. Amazon says he was fired for violating a company-imposed 14-day quarantine after he came into contact with an employee who tested positive for the coronavirus.
Smalls disputes this, saying the employee who tested positive came into contact with many other workers for longer periods of time before their test came back. He said he was singled out because he wanted the company to sanitize the work area and be forthright about the numbers of fellow workers who had contracted the virus.
Amazon workers have been particularly vocal across the country as social media has shared protests by workers holding signs denouncing their working conditions. “This disease is killing people on a daily basis,” one worker who wished to remain anonymous told Business Insider. “As people are testing positive for it where I work, they still expect for us to come there.”
The U.S. Postal Service has confirmed that 259 employees have tested positive for the virus in its workforce of 630,000. To date, two letter carriers in New York City, one in Montgomery, Alabama and one in Detroit have died after contracting the virus.
The Postal Service has sought to make gloves and masks available in all of its work stations, but employees still say basic items are not available. More than 85,000 workers have signed a petition asking for better protections.
The Washington Post recently reported that four grocery store workers have died after contracting the novel coronavirus. Two were Walmart workers who worked at the Evergreen Park Walmart in Chicago, one was a worker at Trader Joes in Scarsdale, New York, and another was a grocery greeter at a Giant store in Largo, Maryland.
A Detroit bus driver Jason Hargrove, whose Facebook rant warned people to be careful and be responsible died from the virus only weeks after posting the video. A bus driver in King County, Washington also succumbed to the disease last week; he too had been vocal about having his transit company provide better protection for him and his fellow drivers.
According to the Daily Mail, 22 New York City transit workers have died after contracting COVID-19.
Four workers at New York’s Shop Rite stores have come down with the disease. Frontline healthcare workers have also been contracting the virus in increasing numbers. A number of them have died.
Workers for American Airlines have reported that a few of their co-workers have come down with confirmed cases of COVID-19. A worker for an American Airlines regional carrier in Boston said, “Since my co-workers have come down with it, you would expect that they would at least investigate who the worker has been in contact with and have them quarantined.
“They are basically saying they don’t care if it spreads to our families or the general public. No serious measures have been taken to do anything about exposures.”
Eddie Ortiz, an assistant manager at the New York store Gristedes, described his staff as tireless frontline warriors. “They didn’t hesitate for one minute to stay and meet the needs of the public,” he said.
Several of the country’s most prominent union leaders and a number of New York political leaders have demanded that Amazon rescind Smalls’ dismissal. New York State Attorney General Letitia James and Mayor Bill de Blasio called for an investigation into Smalls’ firing. James called Smalls’ firing “immoral.”
“At the height of a global pandemic, Chris Smalls and his colleagues publicly protested the lack of precautions that Amazon was taking to protect them from COVID-19,” James said in a statement. “In New York, the right to organize is codified into law, and any retaliatory action by management related thereto is strictly prohibited. At a time when so many New Yorkers are struggling and are deeply concerned about their safety, this action was also immoral and inhumane.”
According to Amazon their workers are heroes: “The truth is the vast majority of employees continue to show up and do the heroic work of delivering for customers every day,” said a company spokesperson.
“Amazon would rather fire workers than face up to its total failure to do what it should to keep us, our families, and our communities safe,” said Smalls. “…We won’t stop until Amazon provides real protections for our health and safety and clarity for everybody about what it is doing to keep people safe in the middle of the worst pandemic of our lifetimes.”
Smalls told the MSR that it was important for him to express solidarity with fellow Amazon workers in Minnesota and the rest of the country and urged them to, “take the power back. We are the power. If they are not caring about your well-being, then walk out! Without us they are nothing.”
Mel Reeves welcomes reader responses to mreeves@spokesman-recorder.com.
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