The Bright Side of Residential Investment

first_img Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago October 17, 2019 907 Views Previous: REO Activity’s Ups and Downs Next: Default Rates Inching Upward Across the Board Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. About Author: Seth Welborn The Bright Side of Residential Investment Residential fixed investment and continued strong consumer spending are expected to help counteract weakness in business fixed investment, according to the latest commentary from the Fannie Mae Economic and Strategic Research (ESR) Group.Risks to the ESR Group’s forecast remain biased to the downside, with trade tensions between the U.S. and China continuing to pose the greatest threat to growth, but housing is expected to be a source of strength in the near term. While the ESR Group had expected housing to contribute positively to third quarter GDP growth, stronger-than-expected recent data led the Group to revise substantially upward its projection for residential fixed investment. The Group’s updated forecast of 4.2% annualized is 3.3 percentage points higher than last month’s projection. According to Fannie Mae, this would represent the first time residential fixed investment has been positive since 2017.“While consumer spending, supported by a healthy labor market and gains in household wealth, remains the current expansion’s economic engine, the housing sector appears poised to offer meaningful near-term contributions to growth,” said Fannie Mae SVP and Chief Economist Doug Duncan. “Our macroeconomic forecast continues to call for solid, if modest, real GDP growth through 2020 despite the persistence of downside risks associated with U.S.-China trade tensions, slowing global growth, and other geopolitical concerns. Considering these risks and the Fed’s reluctance to roil financial markets, this month we’ve updated our monetary policy expectations. We now expect the federal funds rate cut previously projected for December to occur this month, followed by one more in January, the final such cut of the forecast horizon. The potential January rate cut is more conditioned on the intervening data than normal given the divided views of the voting members of the Fed Board.”“Unfortunately, expectations for a stronger housing market through the early part of next year are unlikely to offer prospective homebuyers much respite from the longstanding affordability issue,” continued Duncan. “Home prices appear likely to maintain a positive growth trajectory due in part to persistently low mortgage rates and evidence of declining inventory. On the flip side, the supply imbalance should be supportive of new home construction, which we believe will lead to an uptick in single-family housing starts through next year.” The Week Ahead: Nearing the Forbearance Exit 2 days ago Subscribe Related Articlescenter_img Demand Propels Home Prices Upward 2 days ago Tagged with: Economy Fannie Mae Investment Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Economy Fannie Mae Investment 2019-10-17 Seth Welborn Servicers Navigate the Post-Pandemic World 2 days ago Share Save Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, Government, Investment, News Home / Daily Dose / The Bright Side of Residential Investmentlast_img read more

Arun Estates’ Kent subsidiary rebrands

first_imgThe agency formerly known as Ward & Partners – part of the Arun Estates Group and Kent’s largest independent agent – has a comprehensive new rebrand.Gone are the words “And Partners.” Instead, the company will now be known simply as “Wards”.Group Managing Director David Lench unveiled the new branding – the culmination of 12 months’ work with market researchers, brand consultants and graphic designers.The fascias and interiors of all 42 Wards offices are being transformed, with décor and furnishings designed to create an atmosphere of comfort and understated quality. New boards feature four striking designs, representing aspects of Kent life: Oast houses, The White Cliffs, an estuary scene and a typical village/townscape vendors – and landlords may choose their favourite design.Differentation is the key to building market share. We are positioning ourselves as a premium agent, delivering superior service levels.David Lench said, “Wards operates in a very congested area of the market, differentiation is the key to building market share. Last year, we announced our determination to achieve that differentiation by clearly positioning ourselves as a premium agent, delivering superior service in return for enhanced fee levels. This rebrand is a key element in communicating that message to our target audiences.”The new brand is promoted across Kent with a huge publicity campaign including printed press, TV adverts and buses.Arun Estates Arun Estates Group Kent estate agents Ward & Partners March 18, 2019The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Agencies & People » Arun Estates’ Kent subsidiary rebrands previous nextAgencies & PeopleArun Estates’ Kent subsidiary rebrandsThe Negotiator18th March 20190488 Viewslast_img read more

Cuomo: College COVID Testing Is The ‘Canary In The Coalmine’

first_imgWNY News Now File Image.ALBANY — State officials echoed Chautauqua County officials in expecting increases in positive COVID-19 tests with the reopening of college across New York.In a briefing this week, Gov. Andrew Cuomo said there are clusters of positive tests across the nation.“There are already 25 colleges across the country that are having significant issues, over 250 cases. The 25 colleges are all around the country. It’s Florida, it’s Texas, it’s North Carolina. It’s also Michigan. It’s also the state of Washington. So colleges to me are very much a canary in the coalmine,” Cuomo said.Colleges are an example of what can happen when large groups of people are concentrated in an area, the Governor explained. “Even with everything we know, because you still run into human behavior. I’ve spoken to a number of college presidents, private college presidents, and I’ve said to them, look, I get it, you go back to college, you want to see your friends, part of the college experience is socializing, I know many people who are on this phone call when they were in college, they socialized, I know many of them went to parties, many of them consumed alcohol and did all those things,” Cuomo said.“I studied when I was in college, but I know not everyone was in the library when I was there. I understand, and I understand that colleges want to have a good relationship with the student body, but if the students act irresponsibly or the precautions are not in place, then the virus will spread and more dramatic action is going to have to be taken and needs to be taken. And if there is an outbreak on a college it’s a concern for the college but it’s also a concern for that community, local community and for the state.”SUNY Chancellor Jim Malatras said an outbreak at SUNY Oneonta were likely the result of large social gatherings among students.“We have had reports of several large parties of our students at Oneonta last week, and unfortunately because of those larger gatherings, there were several students who were symptomatic of COVID and upon testing we found that 20 were positive for the COVID virus,”Malatras said.“As a result, we deployed the SUNY Upstate Medical Team down to SUNY Oneonta, one of our premier medical research facilities to test all students, the nearly 3,000 or so at Oneonta, which began on Friday and right now as of this morning we have 71 positive confirmed cases up from 20. And because of our efforts, we’re confirming another 34 tests, so we’re about 105 positive tests at SUNY Oneonta, which is about 3 percent of the total student and faculty population that are on campus at SUNY Oneonta this year.”Because of the high infection rate on campus, he said the college will be closed for two weeks for instruction. Share:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window)last_img read more

Opposition Watch: Meet the Pharaohs of Egypt

first_imgThe United States of America, simply known as America, is loved and loathed in equal measure. Loathe them all you want, but you can’t deny their ability to tell sentimental stories. They can take the even the most mundane issue, clothe it in ‘dramattire’ and elicit inspirational and passionate emotions from it. On October 15th; at exactly 16 hours GMT in Kumasi, when Ghana’s national football team, the Black Stars, engage their Egyptian counterparts, the Pharaohs, in the first leg of the final 2014 World Cup play off, it won’t be only Ghanaians, Egyptians and other Africans watching; Americans while going about their fast lives, will be keeping a keen eye on the result. The coach of the Pharaohs, Bob Bradley is American and despite the political strife in Egypt, Bradley has stayed and guided the Egyptian team amid trying conditions and with the team on the cusp of World Cup qualification, American script writers have been put on the alert for documentaries and movies about an unlikely savior of Egyptian football; a bringer of hope and unifier of a nation divided.Those hyperboles, curiously, aren’t mine; those, more likely than not, would be the words used to describe the outcome of the tie, should Egypt qualify at Ghana’s expense. There is even a documentary on Bradley already.  If you are Ghanaian like me, you might be wondering if Egypt, actually possess a stronger team that can eliminate Ghana? Answer dicey? Not to worry, here’s a unique guide into “Pharaoh-hood”.A Rallying force  Egypt is sort of a football myth. African Champions for unprecedented 7 times and yet they don’t really have a presence beyond the borders of Africa. Upon all their dominance on the African continent, Egypt has only been to the World Cup twice; in 1934 and 1990 in Italy. Since then, it’s been one miss after the other. However, in qualifying for the next world cup in Brazil 2014, the Pharaohs have been ruthless. They qualified for the final play off with swagger; winning all 6 games in Group G, comprising of Guinea, Mozambique and Zimbabwe, scoring 16 goals and conceding 7. Ironic, if you think about the fact that Egypt are more closer to qualification than ever, at a time when Egypt’s present circumstance should have rather derailed their efforts in qualifying for the first time in 24 years.Dating back 2 years, when former president Hosni Mubarak was ousted and with its attendant violent scenes, Egypt has largely been unstable for football. In February 2012, Al Ahly fans were attacked by militant football fans, known as ultras of their rival, Al-Masry, in the Suez Canal city of Port Said.  That event led to loss of 74 lives. League football was disrupted and when it returned, fans were banned from the stadia. It was only the African Club Cup competitions which kept elite sides like Ahly and Zamalek busy. This ensured that supply from both sides to the national team was not gravely affected.Even the Egyptian Football Association office was burnt down at a point. When conditions weren’t favourable for football, camps were organized outside Egypt in Doha and friendly matches played in Sudan and Lebanon all to keep the team active. Those measures clearly paid off and with an extra incentive to use football as a rallying factor to bring joy and hope to a sharply divided nation, the Pharaohs have not struggled for motivation. For the Pharaohs, world cup qualification is more than football, it is a national cause, a rallying force; surely, you wouldn’t want to bet against a team with such ambitions.An American Pharaoh   Egypt’s moderate success despite all the odds, in the politically unstable country, is inextricably linked to one man. Bob Bradley, the man who has already inspired the documentary “American Pharaoh”. Bradley led the USA to the 2010 World Cup where ironically the Americans were eliminated in the second round by Ghana. Bradley was fired after the World Cup and he took a bold decision in accepting to coach Egypt. On September 24, 2011 he was outdoored and has since stayed and survived the political upheaval.Bob Bradley’s philosophy is reactive; to stay sound defensively by emphasizing pressure on the ball while players stay disciplined and compact in their positioning, as opposed to pushing up the field or attempting risky passes. It’s that thinking that has informed his preference for a 4-2-3-1 formation. In the lead up to the match up against Ghana, the Pharoahs have set camp early, calling up 27 players including 10 foreign based . Even Ahly’s Champions League commitments haven’t disturbed preparations as 11 of those called up have shuttled between both camps. So despite the absence of Ahly’s players, Egypt, dominated largely by Zamalek players still managed to comfortably beat Uganda in a practice game. Once Bradley has a full complement of his team, he will most likely set out his team in this manner. Young Ahly goalie, Sherif Ekramy, a great shot stopper, will definitely man the sticks.  His quality has been further endorsed by Bradley who resisted attempts to recall veteran goalie El Hadry.Ekramy will be shielded on the left by Ahly’s Ahmed Shedid who combines great pace, energy and crisp crosses from the left side of defense; Veteran Wael Gomma will most likely partner Adam El-Abd of English side, Brighton, in central defense. , Ahmed Fathi and Hull City’s Ahmed Elmohamady will battle for the right back but Bradley may go for the experience of Ahly’s Fathi.In midfield, Bradley will be spoiled for choice.  Mohamed El-Nenny of Swiss side Basel, and Lierse midfielder Hossam Ghaly, will provide a shield and break up Ghana’s attacks and initiate one of their own. Legend Mohamed Abou-Treika will surely play in the hole behind Amr Zaki while Egypt’s new sensation, Basel’s Mohamed Salah, will operate from the left wing; a position he has thrived in, scoring 6 goals in the qualifiers. Ahly’s Abdullah El-Saied will fill the last spot on the right.This line up surely does not have the star quality of Ghana’s, but it is a cohesive group with a cause to fight for; ingredients that the Americans want to project as being engineered by one of their own if Egypt qualifies. Is that a realistic expectation? Will the movie be made? And what will the title be this time? American Milestone or American Mirage? It’s all a matter of time.last_img read more