Umeme Limited (UMME.ke) 2020 Abridged Report

first_imgUmeme Limited (UMME.ke) listed on the Nairobi Securities Exchange under the Energy sector has released it’s 2020 abridged results.For more information about Umeme Limited reports, abridged reports, interim earnings results and earnings presentations visit the Umeme Limited company page on AfricanFinancials.Indicative Share Trading Liquidity The total indicative share trading liquidity for Umeme Limited (UMME.ke) in the past 12 months, as of 2nd June 2021, is US$278.28K (KES30.29M). An average of US$23.19K (KES2.52M) per month.Umeme Limited Abridged Results DocumentCompany ProfileUmeme Limited is a power utility company managing the distribution of electricity, electricity supply and after-sales service in Uganda and power sharing with Africa sub-regions. Its electricity distribution division manages the operation, maintenance, upgrading and expansion of the distribution network in Uganda. It consists of approximately 26 202 kilometres of medium- and low-voltage transmission lines which covers the major towns and cities of Uganda. The electricity supply and after-sales service divisions connect new customers to the distribution network, read meters, bill customers and collect revenue as well as deal with customer complaints, restoring power interruptions, managing customer care and educating customers on saving energy. Umeme Limited targets customers in the domestic, commercial, medium industrial, large industrial and street lighting sectors. Umeme Limited is listed on the Nairobi Securities Exchangelast_img read more

Have £1,000 to invest? I’d buy these 3 FTSE 100 shares for 2021

first_img Manika Premsingh owns shares of AstraZeneca and Burberry. The Motley Fool UK has recommended Burberry and GlaxoSmithKline. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Have £1,000 to invest? I’d buy these 3 FTSE 100 shares for 2021 Enter Your Email Address This has been a washout year for many stocks. Even if many FTSE 100 shares have bounced back since the stock market crash in March, companies’ performances has been affected. And for many companies, performance is likely to remain dampened even though a V-shaped recovery is looking quite likely now. This is because the sustainability of the recovery is itself in question. The market’s bounce back is a result of the easing of lockdowns. But with government support for businesses expected to be withdrawn in the next months, I reckon the economy will be impacted.FTSE 100 shares to buyBut that shouldn’t deter the savvy investor from buying FTSE 100 shares. I think many shares can perform well in 2021 and beyond. One example is the London Stock Exchange Group. It’s one of the most expensive FTSE 100 stocks, going by its current price-to-earnings (P/E) ratio of 79 times. But it has also been a strong performer for a while now. I reckon its earnings ratio will remain elevated going forward as well. This is because it’s not just a good growth stock, but at a time when other companies are cutting dividends, it has actually increased the interim dividend.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…The second stock I’d buy is the industrial equipment rental company Ashtead. Like LSE, it too saw slightly increased dividends. This adds to the company’s confident outlook and robust financial health, even during these difficult times. This FTSE 100 share comes with the added benefit of a comparatively lower P/E ratio of 16.3 times. I reckon that even if the economy recovers slowly, AHT will continue to grow, going by the pickup already visible in construction activity. Finally, I’d buy the FTSE 100 share DCC, which provides sales and marketing services for sectors like oil and gas, technology, and healthcare. Like both LSE and AHT, its financials are broadly robust. Its top line did take a hit for the year ending 31 March 2020 but its profits still grew. It’s not quite as low priced as AHT, with a P/E of 27 times, but it’s nowhere comparable to LSE either. Further, like both AHT and LSE, DCC too is a dividend-paying stock.    More alternativesAnd these are just three FTSE 100 shares that can set up the investor portfolio for gains in 2021. Other stocks I like are the hygiene and pest control provider Rentokil Initial, which is poised to make gains because of increased focus on hygiene. Pharmaceutical biggies like AstraZeneca and GlaxoSmithkline are other stocks on my radar for further developments. While AZN is also a pricey stock, just like LSE, its activities don’t show any cause to collapse anytime. The contrary, in fact. For investors with a bigger risk appetite, cyclicals like real estate and consumer discretionary goods are ones to consider. FTSE 100 real estate stock Persimmon is one I have long liked and in the consumer goods category, I like Burberry for reasons of longevity, improvement in the Chinese market, and overall better times for retail stores compared to the lockdown period.  Image source: Getty Images. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. See all posts by Manika Premsingh Our 6 ‘Best Buys Now’ Sharescenter_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997” Simply click below to discover how you can take advantage of this. Manika Premsingh | Monday, 31st August, 2020 I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement.last_img read more

Siria: Zona de amortiguación en calma pero la guerra sigue siendo un riesgo

first_imgLa guerra en Siria, provocada por las potencias imperialistas occidentales en el 2011 y que ha traído gran sufrimiento para el pueblo sirio puede terminar pronto si el proceso que ahora tiene lugar en la provincia de Idlib en el noreste del país avanza sin una nueva intervención imperialista. Las facciones reaccionarias, armadas por la OTAN, las monarquías del Golfo e Israel, todavía amenazan con causar estragos. El ejército sirio pospuso su ofensiva en Idlib para permitir un fin ordenado de la guerra. Leukefeld es un experto en la región y corresponsal habitual del diario alemán Junge Welt, que publicó el siguiente artículo el 12 de octubre. La información tanto de Ankara como de Moscú indica que el acuerdo sobre una zona de amortiguación entre las unidades de combate en Idlib y el ejército sirio se ha respetado en gran medida. Según el acuerdo turco-ruso, los combatientes deben retirar sus armas pesadas de Idlib antes del 15 de octubre. El ministro de Relaciones Exteriores ruso, Sergei Lavrov, dijo el 11 de octubre que la retirada podría demorar uno o dos días más. Desde el punto de vista ruso, esto no es un problema siempre que se lleve a cabo en su totalidad.Los medios turcos ya confirmaron hace una semana que se habían retirado rampas de lanzamiento de misiles, misiles de mediano alcance, lanzadores de cohetes, morteros y otros equipos pesados. No está claro, sin embargo, a dónde se transportó el equipo de guerra y quién lo controla.El fin de semana pasado, el propio ejército turco llegó a la provincia de Idlib con tanques y vehículos pesados, supuestamente para asegurar la zona de amortiguamiento. El 9 de octubre, el Parlamento aprobó una orden que permite a las tropas turcas operar en Siria e Irak por un año más para salvaguardar la seguridad nacional.La agencia de noticias francesa AFP informó el 8 de octubre que algunas unidades de combate habían fortalecido sus estaciones militares y túneles en el área de la zona de amortiguamiento. Se dice que “Abu Walid”, un comandante del Frente de Liberación Nacional, dijo que tenían instrucciones para “quedarse” bajo el acuerdo. Un grupo cercano a al-Qaida, el Hayat Tahrir al-Sham (HTS), una alianza determinada a tomar Siria, antes el Frente Nusra, también se dice, según la AFP, que se está preparando para un ataque.El diario sirio Al-Watan (La Nación) informó el 11 de octubre que varios grupos clasificados como terroristas, se negaban a aprobar la zona de amortiguamiento. Además de HTS, el artículo mencionó al Partido Turquestán Islámico y Haras Al-Din (Guardianes de la Religión), todos ellos asociados con al-Qaida. Como motivo de su negativa, las “fuentes cercanas a los grupos armados” dijeron a Al-Watan que estos grupos no habían recibido suficientes garantías de seguridad de Turquía. Esto es particularmente cierto de los mercenarios extranjeros en sus filas, cuyos países de origen se han negado a readmitir a los combatientes.El ministro de Relaciones Exteriores francés, Jean-Yves Le Drian, ya había advertido a la estación de televisión francesa BFMTV en septiembre que, en el caso de una operación militar de las fuerzas armadas sirias en Idlib, los combatientes podrían “dispersarse en todas direcciones” y plantear un gran “riesgo para la seguridad a Europa”. Alrededor de una docena” de yihadistas franceses posiblemente regresarían a Francia.Sin embargo, los conflictos entre las distintas facciones de combate en Idlib no han terminado. Según los informes, más de 200 comandantes han sido víctimas de la sangrienta competencia desde principios de año. Esto implica el control de la conexión de carreteras, armas, suministros de ayuda y dinero.Incluso si las unidades de combate deciden entregar sus armas y buscar la reconciliación con el gobierno sirio, esto puede llevar a enfrentamientos sangrientos con otras facciones. Combatientes armados y también personas en la vida pública que abogan por un acuerdo con Damasco son amenazados, secuestrados, arrestados o ejecutados.La escena de una batalla interna el 9 de octubre fue la ciudad de Latamne, a pocos kilómetros de la ciudad de Maharda (provincia de Hama). El Centro Ruso para la Reconciliación de Lados Hostiles en Siria, que supervisa la retirada de las unidades de combate en Idlib, informó que los yihadistas en el grupo del Estado Islámico (EI) habían atacado el HTS en Latamne. Dos miembros de los “Cascos Blancos” y cuatro combatientes fueron asesinados. El Estado Islamico capturó dos barriles de cloro.Esto fue corroborado por grabaciones tomadas por aviones de vigilancia rusos o aviones de reconocimiento y distribuidos por el Ministerio de Defensa. Ahora se dice que los barriles de cloro robados están en manos del grupo yihadista Haras Al-Din en un área al suroeste de Alepo.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Still no investigation into deaths of journalists a year after massacre

first_img News Reporters Without Borders urges the authorities to end the impunity for those responsible for the massacre in Cairo’s Rabaa Al-Adawiya Square exactly one year ago, on 14 August 2013. The victims included three journalists who were killed by the security forces while covering a protest by deposed President Mohamed Morsi’s supporters.Between 700 and 1,000 people are estimated to have been were killed when soldiers and police used force to evict the demonstrators from the square six weeks after ousting Morsi on 3 July 2013. The three journalists were killed in the course of doing their job to inform the public.In the past year, no investigation has been conducted into either the massacre or the deaths of the three journalists. No one has been arrested or sanctioned for these crimes. The same goes for the seven other journalists killed since the start of the Egyptian uprising in January 2011. The three journalists killed on 14 August were Ahmed Abdel Gawad, an Egyptian reporter for the daily Al-Akhbar, who was fatally shot in the small of the back; Mosab Al-Shami, an Egyptian photographer with Rassd News Network (an alternative media created during the 2011 revolution), shot in the chest by a sniper; and Mick Dean, a British cameraman with Sky News, also killed by sniper fire.At least six other media workers sustained gunshot injuries the same day, including Al-Jazeera cameraman Mohamed Al-Zaki, shot in the arm, and an Associated Press photographer shot in the back of the neck. “We urge the Egyptian authorities to conduct independent and impartial investigations into the deaths of the three journalists killed on 14 August and the seven other cases of journalists killed since January 2011,” said Reporters Without Borders secretary-general Christophe Deloire. Freedom of information is in the process of disappearing in Egypt, as the imposition of sentences ranging from seven to ten years in prison on three Al-Jazeera journalists on 23 June has shown. Impunity must cease to be the foundation on which power is based in Egypt.”Although all the murders of journalists since January 2011 continue to go uninvestigated and unpunished, 12 people were sentenced to death on 18 June for the murder of a police general. Double standards are obviously in effect. Mick Dean’s wife condemned this injustice in a moving open letter published on 10 August.On the day of the Rabaa Al-Adawiya massacre, the deadliest episode in modern Egyptian history, two journalists were arrested. One, Al-Jazeera reporter Abdallah Al-Shami, was released on 16 June after being held for 10 months. The other, photographer Mahmoud Abu Zeid is still being held. News Al Jazeera journalist Mahmoud Hussein back home after four years in prison Less press freedom than ever in Egypt, 10 years after revolution Organisation to go further Three journalists were among the hundreds massacred in Cairo’s Rabaa Al-Adawiya Square one year ago Follow the news on Egypt RSF_en Help by sharing this information News February 1, 2021 Find out more August 14, 2014 – Updated on January 20, 2016 Still no investigation into deaths of journalists a year after massacre February 6, 2021 Find out more News Detained woman journalist pressured by interrogator, harassed by prison staff EgyptMiddle East – North Africa Receive email alerts EgyptMiddle East – North Africa January 22, 2021 Find out morelast_img read more

Authorities harass independent media ahead of legislative elections

first_img RSF asks authorities, opposition to guarantee reporters’ safety during Kyrgyzstan protests The government has been harassing the few independent media ahead of parliamentary elections on 27 February, apparently fearing a “tulip revolution”, said Reporters Without Borders.As thousands demonstrate against the exclusion of many opposition candidates, the authorities’ constant blocks on press freedom look like a strategy to discredit the opposition and silence all dissident voices, the worldwide press freedom organisation said.”We call on President Askar Akayev to respect the democratic process and allow different candidates to express themselves freely in the press, on the eve of a crucial electoral deadline,” it added.US publishing house Media Support Center, which publishes the country’s biggest-selling opposition newspapers (MSN, Analitika, Respublica and Litsa), suffered a power cut on 22 February threatening publication. The only independent radio, Radio Azattyk (the Kyrgyz subsidiary of Radio Free Europe/Radio Liberty), had the plug pulled completely at 6pm on 24 February.Electricians at the Media Support Center, funded by Freedom House, said that the state utility Severelektro ordered the power cut off until 26 February. Forced to find its own electricity generator, the company had to postpone publishing opposition papers in which several candidates were to present their electoral programmes.The weeklies Respublica, Analitika, Litsa and the tri-weekly MSN could not be published on 23 February, as scheduled but two days later on 25 February. A gang of some 20 young hooligans occupied the premises of MSN for more than an hour on 24 February. The paper also had to print in black and white and not in its usual colour.Elsewhere, Radio Azattyk, stopped broadcasting indefinitely on 24 February after RMTR, the technical service of the state distributor Kyrgyztelecom, decided to abruptly interrupt broadcasts of Radio Azattyk, on the pretext of holding a first auction of short and medium waves. The radio pays 100,000 dollars a year to RMTR to be broadcast in the country. It is the only electronic media that has reported on the numerous demonstrations rousing the country in this pre-election period.The opposition sites www.gazeta.kg and www.kyrgyz.us, were completely blocked on 25 February. These foreign-hosted sites could have been the targets of electronic attacks. The management of the site www.msn.kg said they had also suffered the same kind of attack on 25 February but the site was accessible again by the end of the day.Several thousand demonstrators are continuing their protests in six out of the country’s eight regions against the unfair elimination of opposition candidates, whose registration has been cancelled by the authorities.Several of them, who had lodged appeals, have had their claims rejected. The Bishkek Supreme Court on 25 February upheld the cancellation of the registration of opposition candidate Arslanbek Maliyev, provoking a 3,000-strong demonstration in the city of Bokonbayev and the blocking of main roads into the city.Some 200 people also demonstrated in Bishkek to show their support for the newspaper MSN, on 19 February. The president is taking legal action against the paper after it carried an article on 8 February listing the media controlled by the head of state and those close to him.President Akayev has been able rely on the parliament’s total support to introduce constitutional reform that would allow him to remain candidate for the presidential elections in 2005.The second round of the legislative elections is on 13 March. KyrgyzstanEurope – Central Asia August 26, 2020 Find out more Reporters Without Borders protested at constant blocks on press freedom just a few days ahead of 27 February legislative elections, as power cuts prevented leading opposition papers from printing, the plug was pulled on the sole independent radio and websites were made inaccessible. RSF is concerned about the fate of an Uzbek journalist extradited by Kyrgyzstan News News RSF_en News Follow the news on Kyrgyzstan October 9, 2020 Find out more RSF calls for the immediate release of Uzbek journalist Receive email alerts Organisation News February 25, 2005 – Updated on January 20, 2016 Authorities harass independent media ahead of legislative elections KyrgyzstanEurope – Central Asia Help by sharing this information to go further August 14, 2020 Find out morelast_img read more

Podcast: June 1, 2019 – Limerick Post News Roundup

first_img TAGSartsentertainmnetLimerick City and CountyNewspodcastshowSporttrump Advertisement Treaty Talk EP129: End of Season Club Awards WhatsApp Facebook Limerick Post Show | Ann Blake launches a new podcast LifestyleNewsPodcastsSportPodcast: June 1, 2019 – Limerick Post News RoundupBy Cian Reinhardt – June 7, 2019 74 Linkedin Print Previous articleIt’s a family affair at Live At The DocklandsNext articleChoir of angels sings at King John’s Castle this Friday afternoon Cian Reinhardthttp://www.limerickpost.ieJournalist & Digital Media Coordinator. Covering human interest and social issues as well as creating digital content to accompany news stories. [email protected] center_img Treaty Talk EP138: Billy Lee’s footballers seek promotion spot with both Camogie sides and Ladies Footballers in action Cian Reinhardt looks at the content in this week’s Limerick Post newspaper, giving a run-down on this week’s Business, Politics, Sports, Arts and Entertainment news.Sign up for the weekly Limerick Post newsletter Sign Up This week’s headlines:A €10 million lock-down greets Trump.University Hospital Limerick tops monthly trolley count for May.We look at what’s coming up in The Limerick Post Show with Meghann Scully.All of this week’s Sports, Entertainments and Arts news. Twitter The Breakdown EP151: Munster’s Defiant Sportsground Stand & Fixture Chaos Email RELATED ARTICLESMORE FROM AUTHOR Treaty Talk EP128: 2020 Hurling All Stars Special Limerick Post Show | Villiers School Podcastlast_img read more

ACES Quality Management Recruits Mortgage Compliance Expert Amanda Phillips as Latest Executive Vice President

first_img WhatsApp By Digital AIM Web Support – January 28, 2021 TAGS  ACES Quality Management Recruits Mortgage Compliance Expert Amanda Phillips as Latest Executive Vice President WhatsApp Local NewsUS News Facebook Twittercenter_img Pinterest Twitter DENVER, Colo., Jan. 28, 2021 (SEND2PRESS NEWSWIRE) — ACES Quality Management ™ (ACES), the leading provider of enterprise quality management and control software for the financial services industry, today announced it has selected Amanda Phillips as executive vice president of compliance. In this role, Phillips will serve a key role in expanding the breadth and depth of ACES’ compliance and regulatory solutions. “Compliance is a key pillar of the ACES value proposition, and with the onslaught of regulatory changes the industry experienced over the last year, the need for experienced compliance professionals to help keep pace with these changes only grows,” said ACES CEO Trevor Gauthier. “Amanda Phillips possesses more than a decade of executive-level experience in legal and regulatory compliance. Her understanding of the mortgage industry and depth of compliance experience will greatly enhance ACES’ ability to ensure lenders are always auditing to the most current compliance standards, while also assisting in bringing new products to market.” Phillips most recently served as of counsel with Ballard Spahr, LLP, where her responsibilities included advising clients on the federal and state regulatory requirements governing mortgage lending, software, mortgage documents, business processes and practices. Prior to joining Ballard Spahr, she spent six years as in-house counsel and executive vice president of legal and regulatory compliance for Accenture Mortgage Cadence and an additional five years as senior vice president and director of compliance for a national mortgage lender. “Early in my career, I held multiple operations roles, including in processing and underwriting, which instilled in me the importance of compliance and quality control in the loan origination process,” said Phillips. “Today, I am honored to join ACES Quality Management and look forward to doing my part to support ACES’ commitment to delivering enterprise quality management and control software that helps lenders mitigate risk and maintain compliance.” About ACES Quality Management ACES Quality Management, formerly known as ACES Risk Management (ARMCO), is the leading provider of enterprise quality management and control software for the financial services industry. The nation’s most prominent lenders, servicers and financial institutions rely on ACES Quality Management & Control Software™ to improve audit throughput and quality while controlling costs, including: 3 of the top 5 and more than 50% of the top 50 independent mortgage lenders;7 of the top 10 loan servicers;11 of the top 30 banks; and1 of the top 3 credit unions in the USA. Unlike other quality control platforms, only ACES delivers Flexible Audit Technology, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ACES clients get responsive support and access to our experts to maximize their investment. For more information, visit https://www.acesquality.com/ or call 1-800-858-1598. NEWS SOURCE: ACES Quality Management This press release was issued on behalf of the news source (ACES Quality Management) who is solely responsibile for its accuracy, by Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: 67864 APDF-R8.2 © 2021 Send2Press®, a press release and e-marketing service of NEOTROPE®, Calif., USA. To view the original version, visit: https://www.send2press.com/wire/aces-quality-management-recruits-mortgage-compliance-expert-amanda-phillips-as-latest-executive-vice-president/ Disclaimer: This press release content was not created by the Associated Press (AP). Pinterest Previous articlePalantir Technologies and Rio Tinto Sign Multi-Year Enterprise PartnershipNext articleDN Van Lines, a Northborough, MA based moving services company charts their way through challenging decisions during the COVID-19 pandemic Digital AIM Web Support Facebooklast_img read more

Chamber seeks sponsors for Junior Leadership programs

first_img WhatsApp Local News WhatsApp Twitter Odessa Chamber of Commerce logo Junior Leadership Odessa is a 40 old program of the Odessa Chamber of Commerce for Junior-year students from Falcon Early College High School at Odessa College, New Tech Odessa, OCTECHs, Odessa High School, and Permian High School. Participants attend sessions once a week, through the months of January and February. Each student needs a sponsor of $200. Classes are limited to 40 students. Each session will also have a food sponsor who will provide dinner to the group. Junior Leadership Odessa (JLO) is a program sponsored by the Odessa Chamber of Commerce, and is planned, coordinated, and executed by the present Leadership Odessa (LO) class. The JLO program is designed to expose high school juniors to Odessa’s resources and the many opportunities available in the community. “Junior Leadership Odessa has been a very successful program of ours over the years,” said Lynn Van Amburgh, director of operations at the Odessa Chamber of Commerce. “The Chamber started this program 40 years ago, and it has truly matured into something we are all very proud of.” The Odessa Chamber of Commerce’s JLO 2019 session begins in January with an annual retreat, followed by four additional sessions learning about subjects such as healthcare, media and education, arts and culture, and government and public safety. Those interested in sponsoring a student for $200 can contact Lynn Van Amburgh at 333-7862 or by emailing [email protected] For more information on this program, go online. TAGS  Facebook Facebookcenter_img Pinterest Twitter By Digital AIM Web Support – February 24, 2021 Pinterest Chamber seeks sponsors for Junior Leadership programs Previous articleGIRLS HIGH SCHOOL SOCCER: OHS wins home opener against Abilene WylieNext article010318_UTPB_WT_A&M_men_05 Digital AIM Web Supportlast_img read more

Single-Family Rental Market Defies Market Conditions

first_imgSign up for DS News Daily May 21, 2020 1,835 Views 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. The Week Ahead: Nearing the Forbearance Exit 2 days ago  Print This Post Investment Rent SIngle-family 2020-05-21 Seth Welborn Demand Propels Home Prices Upward 2 days ago Share 1Save Servicers Navigate the Post-Pandemic World 2 days ago About Author: Seth Welborn Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days agocenter_img Previous: Measuring Mortgage Hardships and Delinquencies Next: Comptroller Joseph Otting to Step Down Tagged with: Investment Rent SIngle-family Single-Family Rental Market Defies Market Conditions Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / Single-Family Rental Market Defies Market Conditions Subscribe in Daily Dose, Featured, Investment, News The Best Markets For Residential Property Investors 2 days ago The number of single-family homes built-for-rent (SFBFR) posted a small year-over-year increase for the first quarter of 2020 despite otherwise challenging market conditions. According to the National Association of Homebuilders (NAHB), the SFBFR market has received attention as a means to add single-family inventory amid concerns over housing affordability and downpayment requirements in the for-sale market, particularly during a period involving elevated unemployment and weak wage growth. Single-family built-for-rent construction differs in structural characteristics compared to other newly-built single-family homes.According to NAHB’s analysis of data from the Census Bureau’s Quarterly Starts and Completions by Purpose and Design, there were approximately 8,000 single-family built-for-rent starts during the first three months of 2020. This was a slight gain over the first quarter 2019 total of 7,000. Over the last four quarters, 40,000 such homes began construction, which is lower than the 44,000 estimated SFBFR starts for the four prior quarters.Given the small size of this market segment, the quarter-to-quarter movements typically are not statistically significant. The current four-quarter moving average of market share (4.4%) remains higher than the recent historical average of 2.7% (1992-2012) but is down from the 5.8% reading registered at the start of 2013. As measured for this analysis, this class of single-family construction excludes homes that are sold to another party for rental purposes, which NAHB estimates may represent another two percent of single-family starts. The estimates in this post only include homes built and held for rental purposes.The built-for-rent pipeline of single-family homes is considerably smaller than the single-family home portion of the rental housing stock, which is 35% according to the 2017 American Community Survey. Approximately five million single-family homes were added to the rental stock since the Great Recession due to tenure switching. As homes age, they are more likely to be rented and the vast majority of these rental homes are owned by individual households. Thus, the primary source of single-family rental homes is not construction but the existing housing stock. In fact, from 2005 to 2015, 56% of the gains in the rental housing stock were due to increases of for-rent single-family homes.However, a window of opportunity now exists for SFBFR construction. As some households seek lower density neighborhoods and single-family residences, but must do so from the perspective of renting, the SFBFR market will likely expand in the quarters ahead. The Best Markets For Residential Property Investors 2 days ago Related Articleslast_img read more

House prices in Donegal 43% down on the peak

first_imgNewsx Adverts By News Highland – October 3, 2011 Google+ Previous articleFoyle Ferry service suspendedNext articleGAA – Glenswilly County Champions News Highland Facebook House prices in Donegal 43% down on the peak Twitter Google+ LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Facebook House prices in Donegal have fallen by 43% since the height of the boom, according to figures published this morning by daft.ie.The average asking price in the county between July and September was €154,000, a fall of €116,000 from the peak.Across Ulster, house prices remained largely static during the third quarter, following an 8.8% drop over the previous three months. Nationally, prices dropped 3% between July and September.However, daft.ie economist Ronan Lyons says it’s too early to suggest the market is bottoming out, with  lack of credit now a major problem.He says until more money is available through the banks, the market will remain volatile……….[podcast]http://www.highlandradio.com/wp-content/uploads/2011/10/lyons1pm.mp3[/podcast] Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey center_img WhatsApp WhatsApp Calls for maternity restrictions to be lifted at LUH RELATED ARTICLESMORE FROM AUTHOR Almost 10,000 appointments cancelled in Saolta Hospital Group this week Pinterest Pinterest Guidelines for reopening of hospitality sector published Twitter Need for issues with Mica redress scheme to be addressed raised in Seanad alsolast_img read more

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