Monthly Archives: May 2022

Home sales and home construction heading for slowdown, says Fannie Mae

After the biggest mortgage rate hike in 40 years, homes are now less affordable than they were at the height of the housing bubble in 2006, which is expected to lower home sales and slow the pace of growth. home construction this year, Fannie Mae economists said Thursday. In their latest economic and housing outlook, […]

Home sales fall again as mortgage rates rise | app

Sales of previously occupied U.S. homes slowed for the third consecutive month in April as mortgage rates jumped, pushing up borrowing costs for potential buyers as home prices hit new highs. Sales of existing homes fell 2.4% last month from March to a seasonally adjusted annual rate of 5.61 million, the National Association of Realtors […]

Record levels of equity reduce risks of local domestic market collapse

Residence › REAL ESTATE › Record levels of equity reduce risks of local domestic market collapse By donfenley.com on May 19, 2022 • Homeowners in the Tri-Cities area continue to benefit from rising home prices. The current Home Equity & Underwater report from Atom Data Solutions shows that the share of equity-rich mortgage properties has […]

PPF and Home Credit announce agreement to sell their Russian banking assets

PPF and Home Credit announce the signing of an agreement to sell their Russian banking assets and their subsidiaries to a group of individual investors led by Ivan Tyryshkin. The acquisition of Home Credit and Finance Bank (HCFB) and its subsidiaries by the aforementioned group will lead to a divestment of Home Credit Group from […]

Smart Home Market Share to Witness Significant Revenue Growth in Forecast Period 2026

Smart Home Market Highlights Straits Research has published a new report titled “Global Smart Home Market Report 2020-2026” in its extensive database of research reports. The latest report is committed to providing in-depth market analysis. Straits Research offers a high degree of precision, in-depth study, and systematic research methodology to readers who have been organized […]

Home Credit PH and Citi Sign P420-M Loan Agreement

FINANCE HC Consumer Finance Philippines Inc. (Home Credit) has signed a 420 million peso social finance facility with Citibank (Citi) to further promote greater financial inclusion in the Philippines. This loan agreement should help customers who want to buy mobile devices in the Philippines. “This loan facility is a continuation of a deliberate strategy by […]

The region’s internal market more difficult than ever

The weapon in the attic was a surprise. Emily Luong and her husband, Tony, knew they were in for some unexpected and likely unwelcome discoveries when they bought the century-old home in Arlington, foregoing the inspection and agreeing to pay $76,000 more than the asking price. It was in disrepair, with original single-glazed windows and […]

Home Credit supports SEAG’s PH e-sports team

Home Credit Philippines is supporting Team Sibol, who will represent the Philippines at the 2022 Southeast Asian Games in Hanoi, Vietnam. CONTRIBUTED POSTER HOME CREDIT Philippines (HCPH), the country’s leading consumer credit provider, declares its support for national esports medal-winning team, Sibol, at the upcoming Southeast Asian Games (SEAG) which will be held in Hanoi, […]

Smart Home Market Analysis by Size, Share, Growth, Application, Segmentation and Forecast to 2029 – SMU Daily Mustang

New Jersey, United States – The Smart Home Market report includes the upcoming challenges and opportunities in the market. It ensures a strengthened market position and a growing product portfolio by providing all the important details related to the market growth. It reveals some of the key insights and focuses on the impact of the […]

Home Credit PH supports the Sibol team in SEAG

HOME Credit Philippines, the country’s leading consumer credit provider, declares its support for medal-winning national esports team, SIBOL, at the upcoming Southeast Asian Games to be held in Hanoi, Vietnam, from May 13 to 22, 2022. Committed to empowering every Filipino and filling the gaps to enrich their lives, HCPH hopes that this initiative will […]

With the hot domestic market, valuations will rise | Local News

On the heels of a hot sellers’ real estate market, with home sales prices up 19% to nearly 26% in Vigo County, property tax assessments are also up. Property assessments in Vigo County have increased by more than $515.2 million between 2021 and 2022. The county’s total property value has increased to over $6.79 billion […]

2022 Digital Out of Home Market Dynamics and Growth Driving Factors

This market report covers different regions of the world such as North America, Latin America, Asia-Pacific, Europe and India based on the productivity of different industries. This document gives details about the global market overview, global market competition by manufacturers, type and application, major market players, regional analysis in terms of volume, value and price […]

Denver Home Sales Seller’s Market May 2022 Update

The latest statistics from the Colorado Association of Realtors echo much of the data from the Denver Metro Association of Realtors, which recently released all-time highs for single-detached single-family homes, measured by both average and median prices. But many real estate agents quoted in the April CAR report offer at least a glimmer of hope […]

Citi and Home Credit roll out social finance facility in the Philippines

Citi and consumer credit provider Home Credit have launched a joint lending facility aimed at promoting greater financial inclusion in the Philippines. The first tranche of the transaction, amounting to 420 million pesos ($8 million), will support purchases of mobile devices, approximately half of which will go to women to enable them to buy basic […]

Bought on the home hot market and do you regret it? You’re not alone

Harry Sarvaiya knows how recent buyers feel now that prices are falling. Tired of waiting for a break from the hot pandemic market in Toronto, the realtor bought a four-bedroom bungalow in March near Martin Grove Road and Westhumber Boulevard in Rexdale for $1,285,000. Now the 12-year-old estate agent is eyeing the declining market with […]

Smart Appliances in the Home Market Gaining Momentum on Positive External Factors | IRobot, Ecovacs, Neato – Queen Anne and Mangolia News

Smart devices in the domestic market have witnessed continuous growth over the past few years and are expected to grow at a good pace during the forecast period 2021-2026. The exploration provides a 360° view and insights, highlighting key outcomes of smart devices in the home industry. This information helps business decision makers formulate better […]

Top 10 home sales of the week | Jax Daily Record | Jacksonville Daily Record

DUVAL $4,800,000 900 Brookwood Road, Jacksonville Type: Single-family lot Land area: 2.94 acres Purchaser: Francis R. Sanchez Revocable Trust Seller: Kennard Investors Corp. Inc. Previous sale: $1,000,000 in 2016 About the Property: The St. Johns Riverside corner lot features 305 feet of water frontage along with an adjacent canal, two docks, a boathouse and boat […]

Study: Wall Street’s Indoor Market Movement Has Ups and Downs for Renters

While neighborhoods with business owners tend to experience higher rental prices, they also see an increase in neighborhood quality and safety, according to a recent study by researchers at the University of Texas at Dallas. . Dr. Umit Gurun, Dr. Steven Xiao, and PhD student in management science Serena Xiao from the Naveen Jindal School […]

15 cities with the most luxury home sales

EpicStockMedia / Shutterstock.com Editor’s Note: This story originally appeared on Inspection Support Network. One of the dominant economic stories since the start of the COVID-19 pandemic has been the fiercely competitive housing market. The median sale price of a home in the United States topped $400,000 for the first time in 2021 amid aggressive bids […]

The regional market for luxury vacation homes on the rise

DUBAI: When Vinayak Mahtani’s sea-view apartment in Dubai’s Palm Jumeirah was completely ransacked and abandoned by a tenant, it was crushed. He had inherited his father’s apartment and attached sentimental value to it. After he and his wife renovated it and listed it on Airbnb to try short-term rentals in 2015, he was shocked to […]

Crater in Toronto new home sales, single-family home prices drop and condos rise

Greater Toronto real estate is doing some soul-searching after soaring mortgage costs. Data from Altus Group and developer group BILD GTA show new home sales soared in March. Demand fell in all segments, but so did inventory. Despite the scarcity of inventory, prices for single-family homes still saw the benchmark price drop. Single-family home prices […]

Smart Home Market Set to Witness Skyrocketing Growth by 2029 Covid-19 Analysis

The offered report on the Smart Home market will encompass all the qualitative and quantitative aspects including market size, market estimates, growth rates, and forecast thus will give you a holistic view of the smart home market. The study also includes a detailed analysis of market drivers, restraints, technological advancements, and competitive landscape, as well […]

What’s next for home sales: ‘Buyers will likely see rates in the mid to high 5% range as the market evolves’ | Jax Daily Record | Jacksonville Daily Record

By Eric Spottswood | Regional Market Manager, Prosperity Home Mortgage LLC With interest rates expected to rise several times this year, what is currently happening in the mortgage industry? Rates have risen rapidly and dramatically this year, from an average of over 2.75% in November to over 5% in April. This has caused an already […]

GoKwik Appoints Home Credit’s Joyeeta Ghosal as Brand Marketing Manager

Joyeeta will lead the overall brand function and be responsible for building awareness, trust and building thought leadership. GoKwik – an e-commerce enablement company on a mission to revolutionize the D2C e-commerce shopping experience has onboarded Joyeeta Ghosal as its brand marketing manager. Joyeeta is a seasoned integrated marketing professional with over a decade of […]