I was spot on about this UK growth stock. Here’s what I’d do now

first_img Get the full details on this £5 stock now – while your report is free. 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. Paul Summers | Friday, 29th January, 2021 | More on: CVSG Simply click below to discover how you can take advantage of this. Enter Your Email Address Paul Summers has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. 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. I was spot on about this UK growth stock. Here’s what I’d do now Image source: Getty Images center_img FREE REPORT: Why this £5 stock could be set to surge 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. Shares in veterinary services provider CVS Group (LSE: CVSG) were rising again this morning following its latest update on trading. Had I bought this growth stock when last writing about it in September, I’d be sitting on a gain of 30%. As much as I’m focused on long-term returns, that’s hardly a bad result over just four months!Top growth stockIts total sales grew by 9.4% to a little under £246m over the six months to the end of December. Like-for-like sales also increased by 7.8%. The latter may be slightly lower than over the same period in 2019 but I need to take into account just how bad 2020 was for most businesses.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…According to CVS, this resilient performance was the result of growth in its main Practices division, coupled with higher demand at its online pharmacy and retail arm (Animed). As one might expect given the clamour for animal companions in 2020, the AIM-listed company saw an increase in new client registrations over the period.  Membership numbers of its Healthy Pet Club preventative medicine scheme also grew by 3.6% to hit 430,000. In other news, the company’s not-insignificant employment costs fell slightly, from 51% of total sales to 48.9%. The vet vacancy rate also declined.To round things off, CVS Group was active on the acquisition front, purchasing four practices over the six-month period. I think this should only help to further cement its status as one of the leading veterinary services providers around. It now has more than 480 surgeries in the UK, Netherlands and Republic of Ireland. What now?As far as trading is concerned, I suspect recent momentum will be sustained. All of CVS’s practices remain open, in line with guidance issued at the beginning of the third UK lockdown. Importantly, the company is now able to provide essential services relating to animal welfare rather than just emergency work.Perhaps the biggest reason for continuing to be bullish on this growth stock, however, is that I simply can’t see the trend for pet ownership reversing. I also feel we’re unlikely to curtail spending on our furry friends, regardless of how the UK economy is performing. All told, the long-term prospects seem too good to me to bank profits this early. Even so, I have to be aware of the risks involved.Volatility ahead? One thing that might lead the share price to lose steam is a good, old-fashioned bout of profit-taking. This wouldn’t feel unreasonable. After all, the value of CVS has more than doubled since the dark days of March. A forecast price-to-earnings (P/E) ratio of 27 suggests a lot of good news is already priced in. CVS certainly has form when it comes to violent, and protracted, share price swings. Between November 2017 and January 2019, the valuation of the company plunged as it struggled to recruit vets in light of the Brexit referendum outcome. While our departure from the EU might be one-off event, this doesn’t negate the fact that such falls are possible.So, I wouldn’t sell had I bought a few months back. But while I do still think the shares could reward those with long investing horizons, I wouldn’t buy this growth stock today. I’m cautious over how much further the price could go in 2021 alone. As always, being sufficiently diversified elsewhere is key, regardless of how encouraging the outlook may be. Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. Our 6 ‘Best Buys Now’ Shares See all posts by Paul Summerslast_img read more

Google to Launch Live TV Streaming Service with YouTube TV

first_imgA cloud DVR with no storage limits Save my name, email, and website in this browser for the next time I comment. LEAVE A REPLY Cancel reply TAGSGoogleTelevisionYoutube Previous articleDoes splitting bill in two edge Enterprise Florida closer to chopping block?Next articleCostco Raises Membership Fees Denise Connell RELATED ARTICLESMORE FROM AUTHOR A cloud DVR, with no storage limits. With YouTube TV, you’ll be able to record live TV and never run out of storage. Your cloud DVR can record as many shows as you want, simultaneously, without using precious data or space on your phone and it will store each of your recordings for nine months.A service that works on all your screens. You can watch YouTube TV on any screen—mobile, tablet or computer—and you can easily stream to your TV with a Google Chromecast or Chromecast built-in TV. YouTube TV works on both Android and iOS. And your cloud DVR goes with you, so you can stream your recordings on any device, whenever and wherever you want.YouTube Red Originals. With a YouTube TV membership, you can watch all YouTube Red Original series and movies right on the new YouTube TV app.Six accounts, one price. Every YouTube TV membership comes with six accounts, each with its own unique recommendations and personal DVR with no storage limits. You can watch up to three concurrent streams at a time.Half the cost of cable with zero commitments. A YouTube TV membership is only $35 a month and there are no commitments—you can cancel anytime.YouTube TV will be available soon in the largest U.S. markets and will quickly expand to cover more cities across the country. Visit tv.youtube.com and sign up to find out when we’ll launch in your market. You have entered an incorrect email address! Please enter your email address here Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 Support conservation and fish with NEW Florida specialty license plate Share on Facebook Tweet on Twitter The Anatomy of Fear Please enter your name here Google is jumping into the live TV streaming game with YouTube TV this Spring. YouTube TV is designed for the YouTube generation and those people who want to watch what they want anytime and anywhere. With three live streaming services already up and running including Sling TV, Playstation Vue, and DirectTV Now, it will be interesting to see how they fare. Currently, the price is slated for a $35 per month.Here’s what YouTube TV offers:Live TV streaming from ABC, CBS, FOX, NBC, ESPN, regional sports networks and dozens of popular cable networks. YouTube TV gives you the best of live TV, from must-see broadcast shows like “Empire,” “The Voice,” “The Big Bang Theory” and “Scandal,” to the live sports you want. YouTube TV includes major sports networks like ESPN and regional sports networks like Fox Sports Networks and Comcast SportsNet, so you can watch your favorite NBA or MLB teams. You can also addShowtime,or Fox Soccer Plus to your networks for an additional charge. In total, YouTube TV gives you access to more than 40 networks, listed below. Please enter your comment!last_img read more

AAA offers Tow-to-Go on Labor Day weekend

first_imgShare on Facebook Tweet on Twitter Tow-to-Go program available Friday through Labor Day With the end of summer in sight, many Americans will be celebrating Labor Day weekend in one way or another. Whether that involves attending a family barbeque, hosting a party, or visiting the local sports bar, AAA and Budweiser urge everyone to plan ahead to celebrate safely. That means choosing a Designated Driver, staying where they are celebrating, or arranging for another form of safe transportation.For those that did not plan ahead and need the Tow To Go program, it is available Friday, September 1st through 6 A.M. Tuesday morning, September 5th. Tow To Go Guidelines:Confidential local ride to a safe location within 10 milesThe AAA tow truck takes the vehicle and the driver homeFree and available to AAA members and non-membersTow to Go is provided in Florida, Georgia, Tennessee,  Nebraska, Iowa, North Dakota, Indiana (Fort Wayne and South Bend only) and Wisconsin (Wausau only)Tow To Go may not be available in rural areas or during severe weather conditionsVisit www.AAA.com/TowtoGo for dates and availability throughout 2017If you are hosting a party, please do so responsibly. Check out the Great Pretenders Party Guide from the Auto Club Group Traffic Safety Foundation to learn more.“Labor Day weekend is a great opportunity to get together with friends and family,” said Amy Stracke, Executive Director for AAA’s Auto Club Group Traffic Safety Foundation. “Please plan ahead to make sure all of your loved ones get home safely – especially when alcohol is involved.”“The Tow To Go program is an effective way to promote the use of Designated Drivers and help prevent impaired driving,” said Katja Zastrow, Vice President of Corporate Social Responsibility for Anheuser-Busch. “We are proud to partner with AAA and their roadside assistance drivers to help keep our roads safe.”Since its inception in 1998, Tow To Go has safely removed more than 24,000 impaired drivers from roads across the Southeast and Midwest. It is designed to be a safety net for motorists who did not plan ahead when drinking away from home on celebratory holidays. It is offered based on the availability of AAA drivers and tow trucks during times of high call volume. The Auto Club Group Traffic Safety Foundation provides Tow To Go to help keep all motorists safe from the dangers of impaired driving.Anheuser-Busch Wholesalers have been cosponsors of the program since its inception in 1998. Not only has the company provided funding for the service, it has also worked with local bars and restaurants to help educate servers on the importance of not over-serving their customers. Support conservation and fish with NEW Florida specialty license plate Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 TAGSAAATow-to-go Previous articleAPD Arrest ReportNext article5 tips on how to effectively charge your phone Denise Connell RELATED ARTICLESMORE FROM AUTHOR Please enter your name here You have entered an incorrect email address! Please enter your email address here Please enter your comment! LEAVE A REPLY Cancel reply The Anatomy of Fear Save my name, email, and website in this browser for the next time I comment.last_img read more

HARBOR / Katsutoshi Sasaki

first_img Apartments Area:  611 m² Year Completion year of this architecture project “COPY” Japan HARBOR / Katsutoshi Sasaki Projects 2005 Save this picture!© ShinPhotoWork+ 11 Share CopyAbout this officeKatsutoshi SasakiOfficeFollowProductsGlassConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousingApartmentsResidentialJapanPublished on January 12, 2011Cite: “HARBOR / Katsutoshi Sasaki” 12 Jan 2011. ArchDaily. Accessed 12 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogMetal PanelsAurubisMill Finished Copper: Nordic StandardWindowsMitrexSolar WindowAluminium CompositesTechnowoodHow to Design a Façade with AluProfile Vertical ProfilesBulbs / SpotsCocowebLighting – Compact Gallery White TracklightConcreteKrytonCrystalline Waterproofing – KIMSealantsEffisusCrossing Perforations on RoofsWall / Ceiling LightsLouis PoulsenLamp – LP RiplsTiles / Mosaic / GresiteMargresPorcelain Tiles – Linea CosmosWood Boards / HPL PanelsInvestwoodValchromat Panels for Interior DesignWindowspanoramah!®ah! MotorisationHingesSaliceHinges – PactaDrawers / Filing Cabinets / ShelvesBeneStorage Partition – PORTS StorageMore products »Read commentsSave世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Photographs Architects: Katsutoshi Sasaki Area Area of this architecture project HARBOR / Katsutoshi SasakiSave this projectSaveHARBOR / Katsutoshi Sasaki CopyApartments•Japan ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/102868/harbor-katsutoshi-sasaki Clipboard Photographs:  ShinPhotoWorkText description provided by the architects. The challenge for Katsutoshi Sasaki was to create a place of residence in a neighborhood of Gifu, Japan that was claustrophobic and allowed little access to natural light and privacy. The resulting project, called HARBOR, is a residence that challenges the crowded residential area and secures access of light and air for its residents while also providing access to the nature.Save this picture!© ShinPhotoWorkRecommended ProductsLightsLouis PoulsenLamps – AJ CollectionLightsVibiaCeiling Lights – BIGLightsLonghiLamp – AkileleCoffee tablesBoConceptMadrid Coffee Table AD21The concept for this project called for first envisioning the property as a full volume that met the requirements of the requested area size. Following this assessment, area above and below the volume were proceeded to be cut away to reveal voids in the volume of the structure.Save this picture!© ShinPhotoWorkThese voids, which increased the surface area and created a faceted facade to the street also became the place where the concept takes full form. The void is where nature and architecture meet. These mixed space areas, which are essentially inner courtyards, windows and common walkways, provide a source of light, air, and nature to be further integrated into the residential life of the inhabitants.Save this picture!© ShinPhotoWorkResidential units face the inside of each of the courtyards that they surround, with 2-3 bedrooms each. This shared space among the units allows light and air to enter the essential living areas of the apartments and also provides an added level of interaction among the residents in each unit. Katsutoshi Sasaki was able to develop a design that provided a sense of nature among the living spaces in an otherwise crowded and claustrophobic residential area.Save this picture!© ShinPhotoWorkProject gallerySee allShow less2011 AIA Honor Award / Horizontal Skyscraper / Steven Holl ArchitectsArticlesUmeå School Of Architecture / Henning Larsen ArchitectsArticlesProject locationAddress:Gifu, JapanLocation to be used only as a reference. It could indicate city/country but not exact address. Share ArchDaily Year:  “COPY” ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/102868/harbor-katsutoshi-sasaki Clipboardlast_img read more

Pork Board Report Sees Need for Pork Industry to Improve Relations…

first_imgHome Indiana Agriculture News Pork Board Report Sees Need for Pork Industry to Improve Relations with… Pork Board Report Sees Need for Pork Industry to Improve Relations with U.S. Latino Community SHARE Facebook Twitter Mexico is the largest importer of U.S. pork, and a new report from the National Pork Board (NPB) shows there is an opportunity to capitalize on the U.S. Latino market.The report called Time to Tango: Latinos are Pork’s Future, is the largest Insight to Action research from the Pork Checkoff. According to Bill Even, CEO of the NPB, Latinos have $1.7 billion in buying power, spending $95 billion each year on consumer-packaged goods, like groceries.“Over the past 9 years, nearly 70 percent of the U.S. population growth has come from the Hispanic community,” said Even. “The good news for American pork producers is that they love pork. If you’re a corn or soybean farmer, your future is tied into this the same way if you’re a pork producer.”Jose de Jesus, director of multicultural marketing with the NPB, says pork consumption can decline as Latinos acculturate to the U.S. and the link between pork and culture weakens.“Retailers must provide the right assortment in their stores so they can cater to the needs and wants of the Latino community,” said de Jesus. “Simply offering what’s available today, not necessarily appealing as it could be for the Latino demographic.”The NPB is also encouraging the pork industry to engage with Latino consumers about pork’s nutritional value. Since authenticity is important to the Latino community, pork must reach out to the needs of the local community.More information can be found online at pork.org or calling 800.456.PORK.Source: NAFB News Service By Ashley Davenport – Oct 2, 2019 SHARE Facebook Twitter Previous articleISDA: Temporary, Emergency Storage Available to Licensed Grain FacilitiesNext articleCoBank: Volatility Continues to Roil Ag Markets Ashley Davenportlast_img read more

The Skiff: September 7, 2017

first_imgTwitter The Skiff: Nov. 21, 2019 Facebook The Skiffhttps://www.tcu360.com/author/the-skiff/ The Skiffhttps://www.tcu360.com/author/the-skiff/ The Skiff: Dec. 5, 2019 Facebook Twitter The Skiff: Nov. 7, 2019 A fox’s tail: the story of TCU’s campus foxes The Skiffhttps://www.tcu360.com/author/the-skiff/ printFailed to fetch Error: URL to the PDF file must be on exactly the same domain as the current web page. Click here for more infoVolume 116, Issue 3: Campus ProtestAlso: TCU Campus Store update, flu hits early and more The Skiffhttps://www.tcu360.com/author/the-skiff/center_img The Skiff: Nov. 14, 2019 ReddIt The Skiff Linkedin Linkedin Welcome TCU Class of 2025 The Skiff by TCU360TCU Box 298050Fort Worth, TX [email protected] + posts ReddIt Previous articleHoroscope: September 7, 2017Next articleTrivia Thursday: TCU Football Edition The Skiff RELATED ARTICLESMORE FROM AUTHOR Life in Fort Worthlast_img read more

Independent paper’s photographer barred from covering royal wedding

first_imgNews News News Organisation News to go further Hunger strike is last resort for some imprisoned Moroccan journalists RSF_en Receive email alerts July 17, 2002 – Updated on January 20, 2016 Independent paper’s photographer barred from covering royal wedding   Reporters Without Borders called on the Moroccan government today to explain why a photographer from the weekly paper Journal hebdomadaire, Karim Sellmaoui, was barred from covering the festivities surrounding the wedding of King Mohammed VI on 12 July.”This was an arbitrary measure taken by one of your officials against a staff member of an independent newspaper,” said the organisation’s secretary-general Robert Ménard in a letter to communications minister Mohammed Achaâri.                     Sellmaoui was stopped from entering Mechouar Square, opposite the royal palace in Rabat, where the public celebration of the king’s marriage to Lalla Salma Bennani was being held. A ministry official told him, without explanation, to get out of the car that was taking him, the special correspondent of the French magazine Paris Match and the technical team of the Qatari TV station Al-Jazeera to the festivities.The publishers of Journal hebdomadaire, Média Trust, said on 15 July that Sellmaoui was duly accredited by the ministry and had “not behaved ostentatiously or provocatively or criticised working conditions” for the event. More than 300 local and foreign journalists and photographers covered the marriage.center_img April 15, 2021 Find out more Follow the news on Morocco / Western Sahara June 8, 2021 Find out more Help by sharing this information RSF joins Middle East and North Africa coalition to combat digital surveillance NSO Group hasn’t kept its promises on human rights, RSF and other NGOs say April 28, 2021 Find out more Morocco / Western SaharaMiddle East – North Africa Morocco / Western SaharaMiddle East – North Africa last_img read more

#Limerick Directors’ criminality leaves murder victims’ family penniless

first_img Previous articleLimerick Jazz vibes and vocalists at Improvisation PartyNext article#Limerick man on domestic abuse charges refused bail Staff Reporterhttp://www.limerickpost.ie Email Billy Lee names strong Limerick side to take on Wicklow in crucial Division 3 clash Advertisement Limerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” Facebook WhatsApp Linkedin Predictions on the future of learning discussed at Limerick Lifelong Learning Festival Limerick’s National Camogie League double header to be streamed live center_img The #Limerick company directors were appealing the severity of a prison sentence before Limerick Circuit CourtTHE family of a #Limerick murder victim have lost out on a pension payout because of the “criminality” of two scaffolding company directors who withheld contributions deducted from the wages of their staff.Gerry Neilon of Newtown, Pallasgreen and Raymond Neilon of Cappawhite, Co Tipperary, avoided prison sentences for what a judge described as their “criminality in deducting workers pay” and not passing it on to the Pensions Board.Sign up for the weekly Limerick Post newsletter Sign Up Judge Tom O’Donnell made his remarks at Limerick Circuit Court where the two company directors appealed the six month sentences imposed for failing to make remittances to the Pensions Board within 21 days of deducting the pay from their staff.Their criminal actions came to light when Patrick ‘Happy’ Coleman (33) was murdered by a 15-year-old boy as he walked to his home in Carew Park after watching the Limerick play in the 2007 All Ireland hurling final.  He had kicked over a bottle of beer on the path before the teenager followed him and stuck the broken bottle into his neck. He died from blood loss some hours later.Mr Coleman, who worked for the Neilon brothers, was supporting four children.In 2007, the company accountant stopped sending the €20 per week deduction from employee wages to the Pensions Board. Mr Coleman had been paying into the scheme but as his payments hadn’t been forwarded for six months before his death, the insurers refused to pay the €76,100 his family would have been entitled to.The Neilon brothers, whose company has since wound up, were sentenced to six month imprisonment in 2012 and 2013. They immediately appealed the sentences and Judge O’Donnell agreed to several lengthy adjournments to allow them  an opportunity to repay Mr Coleman’s family.They agreed to monthly payments of €250, which meant that Mr Coleman’s family would be waiting for more than 12 years to have his death benefit paid in full.  To date, just over €6,800 was paid, €2,000 of which was lodged in court this week.Judge O’Donnell said it was “grossly unfair” and the money paid to date was “far from unsatisfactory”.Defence counsel Lawerence Goucher, BL said that Gerry Neilon found it difficult to get work, but was doing his best and “certainly not trying to dodge what should be paid”, while Sinead Garry BL told the court that Raymond Neilon could not work because of a medical condition and was claiming social welfare benefits to support a family of four.Judge O’Donnell was told that Mr Coleman’s family did not wish for either of the Neilon brothers to be jailed.A High Court action against the former company’s accountant seeking the recovery of funds is at an advanced stage.Judge O’Donnell said he had to commend the laudable position Mr Coleman’s family had taken.Suspending the prison sentences for two years, Judge O’Donnell bound the former directors to the peace and ordered them pay an additional €3,150 to Mr Coleman’s family within the next 12 months. Twitter Print TAGScompany directorslimerickPatrick ‘Happy’ Coleman RELATED ARTICLESMORE FROM AUTHOR WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Limerick Ladies National Football League opener to be streamed live News#Limerick Directors’ criminality leaves murder victims’ family pennilessBy Staff Reporter – April 18, 2016 922 last_img read more

Is It Hot in Here?

first_img The Week Ahead: Nearing the Forbearance Exit 2 days ago Previous: Senate Budget Committee Approves Republican Tax Bill Next: Counsel’s Corner: Brigham Lundberg talks Foreclosure Environment Subscribe  Print This Post November 28, 2017 1,901 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Related Articles David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] Tagged with: Home value Forecast Housing Markets Pro Teck Pro Teck Valuation Services Demand Propels Home Prices Upward 2 days agocenter_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Home value Forecast Housing Markets Pro Teck Pro Teck Valuation Services 2017-11-28 David Wharton About Author: David Wharton Home / Daily Dose / Is It Hot in Here? Share Save What a difference three years can make. Pro Teck Valuation Services has released a new Home Value Forecast, tracking housing market data between October 2014 and October 2017. During that period, many housing markets across the nation surged from “weak” to “hot.” That’s good news, but what is driving the change?Pro Teck’s Home Value Forecast analyzes market trends and historical data for the top 200 core-based statistical areas (CBSAs) in the United States and then tracks their recovery from “weak” to “hot.” (The other Market Condition Ratings include “soft,” “normal,” “good,” and “strong,” respectively.) Looking at the data from October 2014 through October 2017, that period saw the number of “hot” markets jump from only 7 all the way to 78. The number of “strong” markets also increased dramatically, going from 38 to 62.In October 2014, 22.5 percent of the CBSAs tracked by Pro Teck’s Home Value Forecast had a rating of “strong” or “hot.” Three years later in October 2017, that number had increased to 70 percent. In that same time frame, the number of CBSAs with a “soft” or “weak” rating drop from 39 percent to 10.5 percent.Tom O’Grady, CEO of Pro Teck Valuation Service, said, “Limited inventory and a backlog in construction has left a void in available housing stock, leading to a strong real estate market filled with competitive buyers, increased prices and many same-day sales.”Pro Teck’s analysis credits changes in foreclosure sales as a primary driving factor in this recovery. “During the recovery, metros with larger proportions of foreclosure sales as a percent of market sales saw a muted recovery,” says Pro Teck’s Home Value Forecast report. “Nowhere was this more evident than in Florida.” Between 2014 and 2017 helped spike three different Florida CBSAs from “weak” to “strong”: Deltona-Daytona Beach-Ormond, Florida, Orlando-Kissimmee-Sanford, Florida, and Palm Bay-Melbourne-Titusville, Florida. In each of these CBSAs, the foreclosure sales as a percentage of market sales dropped from the 30 percent range to between five and seven percent between 2014 and 2017.You can read Pro Teck’s entire Home Value Forecast by clicking here. Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Is It Hot in Here? Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Journal, Market Studies, Newslast_img read more

A Week of ‘Strong Forbearance Improvement’

first_img The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Daily Dose / A Week of ‘Strong Forbearance Improvement’  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago After declining by 5% last week, the number of mortgage loans actively in forbearance dropped again this past week, according to Black Knight, which calls the week of November 3-10 one of “strong forbearance improvement.””The decline was seen across investor classes and was largely due to the bulk of remaining October expirations being addressed over the past seven days, with some 191,000 homeowners removed from forbearance plans since last week,” Black Knight reported.Forbearance starts dipped to 68,000, the lowest weekly total since early October. New forbearance starts, excluding restarts, marked a pandemic-era low of 31,000, Black Knight reported. Another 98,000 households extended forbearance plans during the past week.”There have been positive signs so far in November, but with 323,000 active forbearances having recently expired or set to expire in the month, improvement may be somewhat limited in the coming weeks,” the researchers said, adding that, “as of November 10, there are 2.74 million homeowners in active forbearance plans, representing approximately 5.2% of all active mortgages, down from 5.4% from last week. Together, they represent $559 billion in unpaid principal.”Percentage of loans, by type, in forbearance plans this past week:3.5% of all GSE-backed loans9.1% of all FHA/VA loans5% of loans in private-label securities or banks’ portfoliosSince last week, portfolio/PLS loans saw the largest weekly decline at -49,000 (-7.1%), while GSE forbearances fell by 45,000 (-4.3%), and FHA/VA loans saw a more modest decline of -27,000 (-2.4%).Of the 2.74 million loans still in active forbearance, 81% have had their terms extended at some point since March, the report showed.The full report, methodology, and graphics can be read on the Black Knight blog. About Author: Christina Hughes Babb November 16, 2020 1,042 Views The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Black Knight Forbearance Weekly Report 2020-11-16 Christina Hughes Babb Demand Propels Home Prices Upward 2 days agocenter_img Servicers Navigate the Post-Pandemic World 2 days ago Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. A Week of ‘Strong Forbearance Improvement’ Share Save Previous: Renters or Homeowners: Who Struggles More Financially During COVID-19? Next: Agents Embrace Effort to Expand Private Flood Insurance Tagged with: Black Knight Forbearance Weekly Report The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, Loss Mitigation, Market Studies, News Related Articles Subscribelast_img read more