Home prices in the pandemic: dig deeper into the data

In the early days of the COVID-19 pandemic, we were faced with a world of unknowns. Lockdowns across the country created lack of access to homes for showings, inspections, and appraisals. Unemployment numbers spiked precipitously, reaching nearly 15% in April. Economists predicted that home prices would decline 3-10% over the coming year.

Sure enough, the United States saw a slump in the spring homebuying season from April through June. Yet, as much of the country continued fighting COVID-19 throughout the summer, the housing market began an aggressive recovery. In the six months since the start of the pandemic, home prices have risen at an annualized rate of 6.9%, according to September 2020 data from the Radian Home Price Index.

The Radian Home Price Index, provided by Radian’s subsidiary Red Bell Real Estate, LLC, is the most comprehensive and timely measure of U.S. housing market prices and conditions. The index is

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Judge In Charge Of Oi Group Recovery Approves Multiple Asset Sale, Including That Of 5 Data Centers Being Executed By Piemonte Holding

SAO PAULO, Oct. 6, 2020 /PRNewswire/ — Fernando Viana, the Rio de Janeiro court judge in charge of Oi Group (OIBR.C) judicial recovery, approved a multiple asset sale of R$22 billion last Monday (5), following Creditors support. The deal includes 5 Data Centers being purchased by Brazilian financial group Piemonte Holding.

Judicial approval of Oi Group asset sale (Data Centers, Oi Mobile and Towers) comes after the creditors general assembly held in September, and a statement from Rodrigo Abreu, CEO of Oi, on Friday, October 2nd, saying that the sale to Piemonte Holding, as well as the others, are a “deal done, with few steps remaining.”

The important approval from Judge Fernando Viana also comes right after a shareholders meeting of Piemonte Holding financial group ensured and expanded support to the acquisition from Oi in Judicial Recovery.

Other than voting on Oi deal support, Piemonte Holding

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Markets mixed after Trump-Biden debate; data lifts China

Stocks were mixed in Asia on Wednesday while upbeat manufacturing data lifted shares in China as investors studied the outcome of the debate between President Donald Trump and his Democratic challenger, Joe Biden.

Hong Kong and Shanghai led regional gains while Japan’s Nikkei 225 edged lower. Overnight, the S&P 500 lost 0.5% as heavy selling of banks helped reverse some of the gains the market a day earlier.

Investors remain cautious with COVID-19 infections on the rise again in the U.S. and elsewhere. The Trump-Biden debate occurred as coronavirus deaths worldwide have surpassed 1 million. Many millions of people worldwide are jobless.

A survey of Chinese manufacturers, t he Caixin manufacturing purchasing manager’s index, showed economic activity accelerating further in September as businesses recovered from the downturn earlier this year due to the pandemic.

The Caixin manufacturing PMI slipped to 53.0 from 53.1 in August, on a scale of 1-100

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Home Infusion Therapy Services Market 2020 : Growth Analysis By Top Countries Data, Market Size, Share, News, Demand, Segments and Forecast to 2026

The MarketWatch News Department was not involved in the creation of this content.

Sep 21, 2020 (The Expresswire) —
“Home Infusion Therapy Services Market”Research Report 2020-2026 provides key analysis on the market status of the Home Infusion Therapy Services manufacturers with best facts and figures, meaning, definition, SWOT analysis, expert opinions and the latest developments across the globe. The Report also calculate the market size, Home Infusion Therapy Services Sales, Price, Revenue, Gross Margin and Market Share, cost structure and growth rate.This report is comprehensive statistical analysis of the Home Infusion Therapy Services with Market data Tables and Figures which spread through 94 Pages and in-depth TOC onHome Infusion Therapy Services Market that provides data for making strategies to increase the market growth and success.

COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and

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Appraisal data shows scale of value destruction in US real estate

Commercial properties hit by the economic effects of coronavirus could have lost as much as one-quarter of their value or more, laying bare the scale of the damage being wrought across American malls, hotels and other commercial buildings.

Evidence emerging in the commercial mortgage-backed securities (CMBS) market from recent appraisals also raises questions over the value of the collateral backing commercial mortgages throughout the financial system.

Properties that have gotten into trouble are being written down by 27 per cent on average, data from Wells Fargo shows. New appraisals are triggered when a commercial property owner starts to have trouble paying the mortgage, and the loan is handed to a “special servicer” that could eventually seize the property on behalf of CMBS holders.

“It’s a big number,” said Lea Overby, an analyst at Wells Fargo. “This is material.”

Recent examples show hotels being especially hard hit, given the collapse

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Foxconn ‘tops off’ High Performance Computing Data Center Globe | Local News

Capping off the globe

Foxconn Technology Group and construction manager Mortenson have announced the structural steel completion of its 100-feet-tall High-Performance Computing Data Center in the Wisconn Valley Science and Technology Park in Mount Pleasant. Foxconn and Mortenson are to soon begin the process of installing 642 pieces of glass in the globe. The data center is located along Highway H.

MOUNT PLEASANT — Foxconn Technology Group and its construction manager, Mortenson, announced Thursday the completion of structural steel for the 100-feet-tall High-Performance Computing Data Center Globe located at the Wisconn Valley Science and Technology Park.

Foxconn and Mortenson are soon to begin the process of installing 642 pieces of glass on the globe through the end of the year. To date, Foxconn has invested about $750 million in

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Why Retailers And Landlords Should Crunch Real Estate Data To Survive Covid-19

Managing Director, AI at Leverton, An MRI Software Company. Helping companies get smarter using AI for Data Extraction & Contract Analytics.

Working for a global provider of real estate technology, I’ve seen many industries profoundly tested by the Covid-19 crisis in recent months, as hardly anyone first grasped the fundamental impact the pandemic was having on commercial properties. Few sectors have faced the challenges retail has in this area, with both retailers and their landlords facing tough questions about their lease portfolios. We have seen a 40%-plus rise in requests for software from clients of both types to review their leases.

There is good reason for this. Businesses in the retail sector must leverage data if they hope to maintain the strength that they need to come out of the coronavirus crisis and remain in a healthy position. Whether a company is a retailer leasing space for stores,

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