Sellers

NAR Finds Share of First-Time Home Buyers Smaller, Older Than Ever Before

Retrieved on: 
Thursday, November 3, 2022
Dave, Annual report, White Americans, Owner-occupancy, Newsroom, Time, National Association, Association, Hispanic and Latino Americans, History, Population growth, Knowledge, Sellers, Table, White, Housing, African Americans, News, NAR, Real estate, Road, Asian Americans

At just 26%, the share of first-time buyers was the lowest since NAR began tracking the data.

Key Points: 
  • At just 26%, the share of first-time buyers was the lowest since NAR began tracking the data.
  • Nearly nine in 10 buyers (86%) and sellers (87%) purchased or sold a home using a real estate agent or broker.
  • First-time buyers are older as a result of saving for down payments for longer periods of time or relying on a generational transfer of wealth to propel them into homeownership.
  • Seventy-eight percent of recent buyers financed their home purchase, down from 87% last year and driven by the increased share of repeat buyers who paid all cash.

Pitney Bowes and eBay Announce Key Cross-Border Partnerships in the US and UK

Retrieved on: 
Wednesday, November 2, 2022
Internet, Technology, Supply Chain Management, Electronic Commerce, Online Retail, Logistics, Supply Chain Management, Transport, Retail, Growth, Marketplace, News, Partnership, StubHub, NYSE, Program, GSP, EBAY, Bowes, Government, EVP, EBay, Technology, Sellers, NASDAQ, Compliance, Small business, Pitney Bowes, Online shopping, Classified advertising

Pitney Bowes will continue to be a partner, offering a range of ecommerce logistics services to support eBay International Shipping going forward.

Key Points: 
  • Pitney Bowes will continue to be a partner, offering a range of ecommerce logistics services to support eBay International Shipping going forward.
  • In the UK, Pitney Bowes has renewed its agreement to support eBays UK Global Shipping Program as eBay looks to add Sellers to the program and drive more value to its successful and growing online marketplace.
  • Pitney Bowes has provided technology, compliance and cross-border delivery services to help eBay Sellers in the UK reach consumers internationally since 2014.
  • Cristian van Tienhoven, Chief Operating Officer at eBay UK, said: The eBay Global Shipping Programme simplifies and removes friction from the increasing complexity of selling internationally.

Noah Holdings Limited Provides Updates on the Status of the Legal Proceedings Related to Certain Credit Funds Managed by Shanghai Gopher Asset Management Co., Ltd.

Retrieved on: 
Tuesday, November 1, 2022
People, Electronics, Goal, Growth, Publication, HKEX, Research, NYSE, U.S. Securities and Exchange Commission, Risk, City, Crime, Silicon, Court, Government, Terminology, Judgement, Sale, Sellers, Hong Kong Stock Exchange, Private Securities Litigation Reform Act, Company, Procurement, Stock exchange, US, Shanghai Stock Exchange, Forward-looking statement, Financial services, Security (finance), PRC, Renminbi

Certain companies and individuals in connection with such supply chain account receivables were later suspected to commit fraudulent activities (the "Camsing Incident").

Key Points: 
  • Certain companies and individuals in connection with such supply chain account receivables were later suspected to commit fraudulent activities (the "Camsing Incident").
  • Noah is aCayman Islandsholding company and carries on business inHong KongasNoah Holdings Private Wealth and Asset Management Limited.
  • Through Gopher Asset Management, Noah had assets under management ofRMB155.4 billion(US$23.2 billion) asofJune 30, 2022.
  • Through Gopher Asset Management, Noah manages private equity, public securities, real estate,multi-strategy and otherinvestments denominated in Renminbiand other currencies.The Company also provides other businesses.

Freddie Mac Gives Lenders Greater Confidence When Originating Condo Loans

Retrieved on: 
Monday, October 24, 2022
Congress, PAR, Risk, Risk assessment, Efficiency, Review, Housing, Â, Freddie Mac, GLOBE, Pars, Pwr Bttm, OTCQB, FMCC, Compliance, Sellers, Property management, Real estate

By providing lenders fast, clear and actionable findings, theyll have confidence originating and delivering more condominium unit mortgages, which are an important source of affordable housing.

Key Points: 
  • By providing lenders fast, clear and actionable findings, theyll have confidence originating and delivering more condominium unit mortgages, which are an important source of affordable housing.
  • Condo Project Advisor is a Freddie Mac Loan Advisor tool that allows authorized Sellers to easily request early in the origination process unit-level Project Waiver Requests (PWRs) for established condominium projects that are otherwise ineligible condo projects.
  • Freddie Mac-authorized lenders using Condo Project Advisor will automatically have access to submit PARs beginning October 24, 2022.
  • Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders.

Existing-Home Sales Decreased 1.5% in September

Retrieved on: 
Thursday, October 20, 2022
News, Time, Total, Housing, Newsroom, Contract, Table, MLS, National Association, Activated sludge, Collection, Multiple listing service, NAR, Knowledge, Census, Association, Freddie Mac, Weather, Dave, Sellers, Propane, Real estate, Animal, Property management

Expensive regions of the country are especially feeling the pinch and seeing larger declines in sales.

Key Points: 
  • Expensive regions of the country are especially feeling the pinch and seeing larger declines in sales.
  • Distressed sales [v] foreclosures and short sales represented 2% of sales in September, a marginal increase from 1% in August 2022 and September 2021.
  • NAR benchmarks home sales periodically using other sources to assess overall home sales trends, including sales not reported by MLSs.
  • Historic comparisons for total home sales prior to 1999 are based on monthly single-family sales, combined with the corresponding quarterly sales rate for condos.

Naspers Limited: Disposal of Avito Group

Retrieved on: 
Friday, October 14, 2022
Professional Services, Other Professional Services, Technology, Other Technology, Finance, Fintech, Internet, RUB, E-commerce, Capital Purchase Program, African Solidarity Fund, LLC, Agreement, Human, Statement, AEX, A2X Markets, ADR, KEH, Technology, PPE, NPN, Radio, Nelson Mandela, Acquisition, American depositary receipt, OLX, JSE Limited, Forward-looking statement, Internet, JSE, Good, COVID-19, Euronext Amsterdam, Meal, Solution, Sellers, Security (finance), Pharmaceutical industry, Avito.ru, Prosus, Group, Naspers

Pursuant to the Agreement, the Purchasers will acquire the Avito Group from the Sellers for an aggregate consideration of RUB 151 billion (the Avito Group Disposal).

Key Points: 
  • Pursuant to the Agreement, the Purchasers will acquire the Avito Group from the Sellers for an aggregate consideration of RUB 151 billion (the Avito Group Disposal).
  • The Avito Group Disposal will involve the disposal and transfer by the Group of the following entities comprising the Avito Group: (i) KEH eCommerce LLC (a Russian incorporated entity) and its subsidiaries; and (ii) Avito Holding LLC (a Russian incorporated entity) and its subsidiaries.
  • As at 31 March 2022, being the latest financial year end for Naspers and Prosus, the net asset value of the Avito Group was US$1,379.9m and profits attributable to the Avito Group was US$160.3m.
  • The Avito Group Disposal constitutes a category 2 transaction for Naspers in terms of the JSE Listings Requirements.

bidadoo Achieves Record Quarter 64% - Quarterly Increase Reflects Continued Shift to Online Markets

Retrieved on: 
Tuesday, October 4, 2022
Trust, EBay, Agriculture, Catalog, Sellers, Procurement, Partnership, History, Transport, Adoption, Video game, Online shopping, Auction

As the world shifts to online marketplaces, bidadoo -- in partnership with eBay -- has met the demand through trusted and transparent auctions, a scalable marketplace, and rapidly growing its team of industry experts and leaders. bidadoo is aggressively growing sales and customer support teams to meet the expanding market opportunity while continuing to deliver added value to its customers.

Key Points: 
  • bidadoo reported record quarterly sales for its third quarter (Q3), with a 64% increase in sales, year-over-year.
  • SEATTLE, Oct. 4, 2022 /PRNewswire-PRWeb/ -- bidadoo reported record quarterly sales for its third quarter (Q3), with a 64% increase in sales, year-over-year.
  • Seller locations jumped 71% during the quarter, and strategic account sales grew over 100%, as bidadoo continues to expand its team, footprint and capabilities.
  • The third quarter saw over 75% increase in items sold through the Buy-It-Now Marketplace highlighting the continued and growing trust bidadoo Buyers and Sellers place in bidadoo and the eBay platform.

Stewart Valuation Intelligence, LLC is Verified to Support Freddie Mac’s Property Data Report with VALIDITY Pro

Retrieved on: 
Wednesday, September 21, 2022
Apps, Applications, Technology, Construction & Property, Insurance, Finance, Banking, Professional Services, Software, Other Construction & Property, Residential Building & Real Estate, ACE, Tablet, NYSE, LLC, Sellers, AMC, Stewart Information Services Corporation, Freddy, Technology, STC, Solution, Family, Insurance, Freddie Mac, GSE, PDR, SVI

Stewart Information Services Corporation (NYSE:STC) today announced that Stewart Valuation Intelligence, LLC (SVI) has been verified to support Freddie Macs new Property Data Report (PDR) with VALIDITY Pro and its national panel of highly trained real estate brokers and agents.

Key Points: 
  • Stewart Information Services Corporation (NYSE:STC) today announced that Stewart Valuation Intelligence, LLC (SVI) has been verified to support Freddie Macs new Property Data Report (PDR) with VALIDITY Pro and its national panel of highly trained real estate brokers and agents.
  • With VALIDITY Pro, an SVI broker or agent conducts a full property inspection to collect Freddie Macs required data for the PDR.
  • All our PDRs are produced with our network partners using our Freddie Mac verified VALIDITY Pro application.
  • For more information about how Stewart Valuation Intelligence, LLC supports the GSEs and Appraisal Modernization, please visit valuationintelligence.io .

Existing-Home Sales Slipped 0.4% in August

Retrieved on: 
Wednesday, September 21, 2022
NAR, Weather, Federal, Policy, Sellers, Multiple listing service, Association, Census, Contract, News, Dave, Activated sludge, Table, Collection, Freddie Mac, Â, MLS, Newsroom, National Association, Total, Housing, Fireworks, Real estate, Animal, Milk, Property management

Nonetheless, homeowners are doing well with near nonexistent distressed property sales and home prices still higher than a year ago.

Key Points: 
  • Nonetheless, homeowners are doing well with near nonexistent distressed property sales and home prices still higher than a year ago.
  • Distressed sales [5] foreclosures and short sales represented approximately 1% of sales in August, essentially unchanged from July 2022 and August 2021.
  • NAR benchmarks home sales periodically using other sources to assess overall home sales trends, including sales not reported by MLSs.
  • Historic comparisons for total home sales prior to 1999 are based on monthly single-family sales, combined with the corresponding quarterly sales rate for condos.

New Study Examines Future of B2B eCommerce

Retrieved on: 
Wednesday, September 21, 2022
Other Professional Services, Software, Finance, Banking, Professional Services, Technology, Electronic Commerce, Other Technology, Shift, Online, Probability, Acceleration, AR, COVID-19, Sellers, Organization, U.S. Securities and Exchange Commission, Commerce, CX, Automation, CEO, HVAC, Annual report, Private Securities Litigation Reform Act, Supply chain, NASDAQ, Supplier, Research, Security (finance), SEC, Paradox, ERP, Sales, Marketing, Online shopping, B2B

Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments leader, has released new findings from a proprietary in-depth research study, commissioned by Billtrust and conducted by Paradoxes, Inc., defining the current state of B2B ecommerce experiences in the U.S.

Key Points: 
  • Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments leader, has released new findings from a proprietary in-depth research study, commissioned by Billtrust and conducted by Paradoxes, Inc., defining the current state of B2B ecommerce experiences in the U.S.
  • Specifically, factors such as the global pandemic, a younger workforce and the evolution of B2C ecommerce experiences have accelerated the rate at which B2B organizations are conducting business online.
  • The reality is, the consumerization of B2B and the acceleration of ecommerce adoption is showing no sign of slowing, said Flint Lane, Founder and CEO, Billtrust.
  • With Billtrusts study illuminating buyers desire for B2B ecommerce experiences that resemble those they enjoy in their personal lives, its clear theres a massive opportunity for suppliers to win business and boost ROI by tailoring their offerings accordingly.