Word: median
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Dates: during 1990-1999
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Berkeley is a highly selective school that attracts many more qualified applicants than it is able to accept. In addition to academic record, cultural background is considered by the admissions committee, Duster says. The median grade point average (GPA) for white and Asian admittees is 4.0. The median GPA for Black and Hispanic admitees...
Nothing provides a better testament to the past decade's growth binge than the headlong rise and subsequent stalling of home prices in Santa Clara County. From March 1985 to March 1990, the median price of homes zoomed from $125,000 to $235,000. Real estate appreciation ran at 3% a month, and most listings attracted multiple offers within 72 hours. Today 8,700 homes (median price: $226,500) languish on the market. "In Santa Clara County, it's a sacred thing: property values go up," says San Jose Realtor John Pinto, a Brooklyn native who came to the Valley...
...last February, sales of new and existing homes have climbed for three straight months. That has brought a measure of financial relief to developers and homeowners whose properties were glutting the market. The rising demand helped reverse a falling trend for U.S. home prices, pushing the median price of existing homes to $100,200 in April, up 4.7% from the same month a year...
...United Parcel Service, which moved from Manhattan to Greenwich, Conn., in 1975, announced two weeks ago that it will ship its 1,000-worker headquarters to Atlanta. UPS also considered Baltimore, Dallas and Cincinnati, then chose Atlanta, in part on the basis of cheaper housing ($68,000 for a median-priced single-family home, vs. $165,000 in southwestern Connecticut...
...More than 30 percent of rent control tenants earn salaries above the median income and many live in apartments much larger than they need," Schloning said. "Therefore, both the low-income citizens and landlords like myself lose out--the ones who really need low-priced housing don't get it, and I'm forced to borrow money just to keep up my building...