Illovo Sugar Limited (ILLOVO.mw) listed on the Malawi Stock Exchange under the Food sector has released it’s 2003 annual report.For more information about Illovo Sugar Limited (ILLOVO.mw) reports, abridged reports, interim earnings results and earnings presentations, visit the Illovo Sugar Limited (ILLOVO.mw) company page on AfricanFinancials.Document: Illovo Sugar Limited (ILLOVO.mw) 2003 annual report.Company ProfileIllovo Sugar Limited is a South African-based enterprise and Africa’s largest producer of raw sugar and sugar brands produced from sugar cane grown by its own agricultural operations and independent growers. It operates in six African countries and exports products to sub-Saharan Africa, the European Union and the United States. Illovo Sugar Malawi is based in Limbe in the Blantyre District. Illovo Sugar Limited operates in four segments; cane growing, sugar production, downstream and co-generation products. The Cane Growing division grows sugar cane which is used in the production of sugar productions. The Sugar Production division manufactures and markets Illovo Sugar brands. The Downstream and Co-generation division manufactures and markets brands that are by-products of the production process, including furfural and alcohol. Illovo Sugar Limited also supplies surplus electricity generated in the sugar production process. Illovo Sugar Limited is a subsidiary of Associated British Foods plc. Illovo Sugar Limited is listed on the Malawi Stock Exchange
New African Properties Limited (NAP.bw) listed on the Botswana Stock Exchange under the Property sector has released it’s 2018 abridged results.For more information about New African Properties Limited (NAP.bw) reports, abridged reports, interim earnings results and earnings presentations, visit the New African Properties Limited (NAP.bw) company page on AfricanFinancials.Document: New African Properties Limited (NAP.bw) 2018 abridged results.Company ProfileNew African Properties Limited, listed on the Botswana Stock Exchange is a public variable rate loan stock company which offers investors the opportunity to share in a diversified portfolio of 64 well-established and well-positioned properties made up of a mix of retail, commercial and industrial properties with quality tenants. Its primary focus is the retail property sector. NAP aims to provide positive returns to investors by investing in appropriate retail properties; maintaining a profile of strong, quality tenants; maximising contractual rentals and minimising rental arrears, bad debts and vacancies; and optimising expenditure using a sound governance framework and skilled service providers. New African Properties Limited is a subsidiary of Cash Bazaar Holdings (Proprietary) Limited.
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” Image source: Getty Images. 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. Enter Your Email Address Simply click below to discover how you can take advantage of this. When you think dividend stocks, do you automatically think FTSE 100? Well, there are some big dividend yields in the FTSE 250 too, though some of them might come with a little more risk. Here are three that look like tempting New Year buys.53 yearsMy first is a pretty safe choice, I think. It’s the City of London Investment Trust (LSE: CTY), and its dividend yield is not huge at around 4.5%. But what makes it stand out is that the dividend has been raised every year for 53 years in a row, beating all other investment trusts.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 trust’s target is to outperform the total return of the FTSE All-Share index through a combination of capital growth and income, and it’s been outperforming that benchmark quite nicely. With its track record, very low charges, investment mainly in blue-chips, and with the same manager, Job Curtis, at the helm since 1991, I see City of London as a solid long-term investment.One possible downside is that it runs at a 12% gearing, and I’m not over-enthusiastic about debt, although that is low. And the shares are trading at a premium to net asset value of about 2.5% when most trusts are on a discount. But those are picky objections.RiskIf you fancy a bit of contrarian risk-taking, you might like the look of Petrofac (LSE: PFC), which provides oil field services.What we’re looking at is a predicted yield of 7.8%, and though earnings look set to decline, it should be well covered.The oil price crisis hit Petrofac hard, and with prices still a bit low, it’s not getting the level of business it really wants, but I think it could be a good long-term investment for patient investors as I expect oil to firm up in the next few years.The big risk with Petrofac is that it’s facing a Serious Fraud Office (SFO) investigation into Middle East bribery allegations, and we don’t know how long that will last or what the final cost might be.But that uncertainty has led investors to dump the shares and push the price down 60% since February 2017, and that’s resulted in a forward P/E of only 6.1. That’s why I see it as a contrarian risk-taker’s stock, but I think it has the potential to double (and keep paying dividends).Bricks and mortarMy third pick is also perhaps contrarian, in NewRiver REIT (LSE: NRR), a real estate investment trust.NewRiver invests in retail properties, and that’s put it firmly out of favour with those who have been fearing a Brexit-led property collapse and further carnage on the high street. As a result of heavy selling, the share price is down 36% over the past two years — but it has been enjoying a bit of a bull run since August, so it might have turned the corner.With the price down so heavily, while the dividend is expected to be held flat, yields have climbed to a predicted 10.5%.While its property valuations have declined this year, NewRiver’s underlying operational cash flow has remained healthy, which makes me optimistic. I think we could see further share price strengthening in 2020, with a resumption of dividend rises not too far into the future. 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. Alan Oscroft | Saturday, 28th December, 2019 | More on: CTY NRR PFC My top 3 FTSE 250 dividend shares for 2020 Alan Oscroft 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. Our 6 ‘Best Buys Now’ Shares 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 Alan Oscroft
Rupert Hargreaves | Tuesday, 11th February, 2020 | More on: AV MNG Image source: Getty Images. 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. Our 6 ‘Best Buys Now’ Shares 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. See all posts by Rupert Hargreaves Enter Your Email Address Rupert Hargreaves owns shares in M&G Plc. 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. Even though the FTSE 100 is currently trading near its all-time high, there are still plenty of bargains on offer in the index. Income seekers, in particular, are spoilt for choice when it comes to picking out high-yielding, high-quality income stocks.Here are two of the market’s top income plays that investors can buy today.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…AvivaIt’s difficult to establish precisely why the market has taken such a disliking to insurance group Aviva (LSE: AV) over the past 24 months. Shares in the company crumbled at the end of 2018, and they’ve struggled to recover ever since.Historically, the stock commanded a mid-teens price-to-earnings (P/E) ratio. However, since late 2018, the multiple has remained in the single digits.At the time of writing, the stock is trading at a P/E of 7.2. This suggests shares in the insurer offer a wide margin of safety. On top of this, the stock supports a dividend yield of 7.6%. The payout is covered 1.8 times by earnings per share.It also looks as if the company’s fortunes will start to turn around soon. Under the guidance of new CEO Maurice Tulloch, Aviva is going to slim down its corporate structure.The new management is also aiming to generate £8.5bn-£9bn of cash flow between 2019 and 2022, and achieve a return on equity of 12%. If the firm hits these targets, it’ll make Aviva one of the most cash generative and profitable insurance companies in Europe.That should drive a re-rating of the stock. In the meantime, investors can pick up that 7.6% dividend yield. As such, now could be a great time to snap up a share of this business before it starts to take off.M&G PLCUncertainty also appears to be haunting the shares of recently independent European asset manager M&G PLC (LSE: MNG).Figures suggest this firm is dealing at a P/E of 6.4. Nevertheless, it seems as if the market is waiting for confirmation from the company it can meet these earnings targets before giving the stock the benefit of the doubt. Indeed, as a new business, it seems investors don’t entirely trust City growth estimates for M&G just yet. In many respects, that’s to be expected. Only time will tell if the group can meet management’s growth projections.Nonetheless, the stock could be an exciting opportunity. If the organisation does perform as expected, there could be a considerable upside on offer for the shares from current levels. Indeed, the rest of the asset management sector is trading at a P/E of 14.On top of this discount valuation, shares in M&G support a dividend yield of 6.4%. The payout is set to rise further in 2021, leaving investors with a dividend yield of 7.4%. That’s extremely attractive in the current interest rate environment.Management has also promised special dividends, which could catapult the distribution into the double-digits. Therefore, the risk-reward ratio for the stock now looks quite attractive. “This Stock Could Be Like Buying Amazon in 1997” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this. With their 7% dividend yields, I’d consider buying these FTSE 100 stocks 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.
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. 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. Image source: Getty Images Click here to get access to our presentation, and learn how to get the name of this ‘double agent’! Rupert Hargreaves 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 think UK retail giants J Sainsbury (LSE: SBRY) and Morrisons (LSE: MRW) could be some of the best shares to buy now. The reason why I believe this to be the case is simple. Both of these supermarket retailers provide an essential service for consumers. No matter what the future holds for the UK and global economy, humans will always need to eat and drink.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…And while there are tens of thousands of smaller retailers across the country that provide access to these critical resources, the sector leaders, such as Morrisons and Sainsbury’s, have tremendous economies of scale, which means they can offer lower costs for customers and better profits for investors. The best shares to buy nowNeither of these retailers is particularly exciting. But I don’t believe that an investment has to be exciting to yield profitable returns. For example, over the past five years, an investment in Morrisons has produced an average annual return of 4%, including dividends. A £10k investment in the retailer in 2016 would now be worth around £13k. A similar investment in the FTSE 100 over the same period would be worth around £10.5k. I think these figures show the retailer’s defensive qualities. The past five years have been among the most turbulent periods for the UK economy in recent memory. However, despite this volatility, an investment in Morrisons has proved to be a safe haven. Granted, a profit of £2,500 in five years isn’t the best return in the world. Nonetheless, as a way to protect one’s portfolio against further uncertainty, Morrisons and Sainsbury’s could be some of the best shares to buy now based on this performance. Income potentialOne of the best qualities of these two investments is their income credentials, I feel.In recent years, Morrisons has consistently paid a regular dividend and provided investors with a special payout depending on group profitability. This year, analysts are forecasting a total yield of 5.5% from the enterprise. Considering the defensive nature of the firm’s operations, I reckon this dividend is exceptionally sustainable. Meanwhile, the yield on Sainsbury’s shares could hit 5.6% next year, based on current projections. Once again, the company’s defensive nature suggests to me that this distribution is sustainable, even in the current economic and political environments. The bottom lineOften, the best shares to buy are not those with the most exciting outlooks. Companies that can produce steady profits year after year can make the best long-term investments. And it’s for that reason that I think Sainsbury’s and Morrisons could be some of the best UK shares to acquire at this moment in time. Both companies have proven to investors over the past five years that they can operate calmly in a crisis. What’s more, both stocks offer dividend yields far in excess of the market average, and compared to the current base rate of 0.1%, the yields look incredibly attractive. See all posts by Rupert Hargreaves There’s a ‘double agent’ hiding in the FTSE… we recommend you buy it! Our 6 ‘Best Buys Now’ Shares Don’t miss our special stock presentation.It contains details of a UK-listed company our Motley Fool UK analysts are extremely enthusiastic about.They think it’s offering an incredible opportunity to grow your wealth over the long term – at its current price – regardless of what happens in the wider market.That’s why they’re referring to it as the FTSE’s ‘double agent’.Because they believe it’s working both with the market… And against it.To find out why we think you should add it to your portfolio today… I think these are the best shares to buy now Simply click below to discover how you can take advantage of this. Enter Your Email Address Rupert Hargreaves | Sunday, 8th November, 2020 | More on: MRW SBRY
TAGS: Cardiff Blues I’m back! Nehe Milner-Skudder scores one of his three tries for Hurricanes v the Rebels (Getty Images) LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS He only started one match for the Springboks, against Australia six years ago, but Johnson has proved a cracking signing for the current Premiership leaders, able to play back-row or hooker with unfailing gusto and reliability.He’s scored 22 tries in those 100 games, with only Paul Volley (23 in 119 games), Trevor Leota (26 in 146) and Joe Worsley (28 in 218) ahead of him among players in the same position.Dave Ward, who captained Harlequins to their dramatic win at Kingsholm, is another who’s doing a lot for the reputation of flanker-hookers right now.Outstanding service: Ashley Johnson offloads in Wasps’ 24-3 Premiership win at Bath (Getty)THE SINNERSStretched resourcesNot for the first time, the issue of player release in Wales has reared its head.It’s not Wales’ fault that Cardiff Blues have a long casualty list that includes the likes of Gethin Jenkins, Rey Lee-Lo, Josh Turnbull and Ellis Jenkins. But they do have the power to release Blues players from the national camp for Guinness Pro12 duty.Instead, Alex Cuthbert, Kristian Dacey and Scott Andrews, and more understandably Sam Warburton, were retained in camp while Blues went into battle with Munster without 14 players. And their hopes of Champions Cup qualification took a dent as they succumbed 23-13.Players like to get game time, and keeping them back – no matter what the rules say – seems counter-productive. Certainly the Irish are taking a different approach.Soft landing: Tom James and Robin Copeland tangle in Blues’ loss to Munster (Huw Evans Agency)Falling on his sword?Where does the blame lie for Gloucester’s stunning late collapse at home to Harlequins?With captain Willi Heinz, for not taking all the potential points on offer from penalty kicks?With hooker Richard Hibbard, who ignored the referee’s instruction to release the ball at a ruck and got needlessly sin-binned with nine minutes remaining?Head coach Laurie Fisher clearly felt he should carry the can, as this extraordinary tweet shows: The sensational Hurricanes, the Blitzboks march on in windy Las Vegas and tweet dreams at Gloucester – it’s been another eventful week in the world of rugby Leading 27-15 with eight minutes to play, Gloucester crashed 30-27 to incur a tenth Premiership defeat of the season. They sit in ninth spot and Champions Cup qualification looks a distant dream.Blow me downFor the second year running, the Las Vegas Sevens was marred by a powerful wind that severely hampered the players.Passes and kicks became something of a lottery, with one pass in the final by South Africa’s Rosko Specman blowing at least ten metres forward but being adjudged okay because of the angle of his hands.England’s Richard De Carpentier almost hurt himself landing on concrete when chasing down a grubber kick that picked up speed in the wind. THE SAINTSBeware of HurricanesThe Lions won’t need reminding of what awaits them in New Zealand this summer, but they got another memo anyway.The Hurricanes provided a sensational attacking exhibition against the Rebels, scoring 11 tries in a 71-6 thrashing in Wellington.Nehe Milner-Skudder, playing his first Super Rugby game for a year after shoulder surgery, scored a hat-trick and his second try owed much to a huge left-hand pass by replacement hooker Ricky Riccitelli.Julian Savea only scored once but what a move, as backs and forwards interlinked for the length of the field. Two offloads, by TJ Perenara and Brad Shields, showed the lightning speed of hands we associate with Kiwi players.Ard man: Ardie Savea was prominent again as Hurricanes took Rebels to the cleaners (Getty Images)Vince Aso, playing because of a neck injury to Cory Jane, grabbed two tries and the first followed Beauden Barrett’s decision to run from his own line off a defensive scrum.Perenara, heavily involved in that score and just about everything else, did a lot of sprint training in the off-season and looks electric.The Lions may have a blinding full-back in Stuart Hogg but the All Blacks can take their pick from the magical feet of Milner-Skudder, offloading king Damian McKenzie and Ben Smith, the world’s best 15 who’s currently sitting things out with concussion. Gulp.Blitzboks running away with itSouth Africa had the rub of the green in their 19-12 Las Vegas Sevens final win over Fiji, but there’s no disputing their new-found status as the world’s best sevens team.HSBC World Sevens Series runners-up for the past four years, the Blitzboks have now won four of the first five tournaments this season and have a massive 24-point lead in the standings.They’ve lost just two of their 30 matches and are turning the series into something of a procession.Pulling clear: South Africa savour winning the Las Vegas Sevens – their fourth event title this seasonEngland are the only team to have beaten them – in the Cape Town final and in a pool game in Sydney – and they had to settle for fifth place in Vegas.With 19 seconds left against Australia, England’s 13th man, teenager Charlton Kerr, trotted on for his debut with his team trailing 7-5.Kerr, who starred for Stowe at successive Rosslyn Park Schools tournaments, not only tidied up an awkward loose ball in his own 22 but then got on the end of Dan Norton’s pass after the winger’s kick and chase. The delight of Kerr’s team-mates was clear to see.Work, rest and playBT Sport introduced a new element to their coverage of Aviva Premiership rugby at Welford Road – the work-to-rest ratio.Thus, we were told that Exeter have this season produced 44 minutes of work for each 47 minutes of rest on the field, giving them a ratio of 0.92 – an extremely high figure.Leicester’s average is 0.69 so the high tempo and ball-in-play time suited the Chiefs to a tee. The Tigers struggled to stay with the pace in a match that saw a final figure of 0.9.Just another layer of detail to BT Sport’s excellent coverage.Big shift: No 8 Thomas Waldrom is tackled by Ellis Genge during Exeter’s win at Leicester (Getty)The 100 clubHow fitting that Ashley Johnson assumed the Wasps captaincy on Saturday after Matt Mullan left the fray at Bath.It was Johnson’s 100th Premiership appearance and he becomes the 22nd player to achieve that milestone for Wasps. You could argue that players must have the skills to adapt to the conditions. Or you could argue that all of us want to see sevens played at its best and thank goodness the show moves on to Vancouver’s indoor stadium this weekend.Rock DJ: England’s Tom Mitchell can’t stop DJ Forbes scoring for NZ in the Vegas QF (Icon/Getty)For the latest Rugby World subscription offers, click here.
Facebook Twitter NAFTA Talks Again Underway By NAFB News Service – Nov 14, 2017 Previous articleFarm Groups Unite to Save Section 199 DeductionNext articleRyan Martin’s Indiana Ag Forecast for November 15, 2017 NAFB News Service Importance-of-NAFTARound five of the North American Free Trade Agreement talks are set to begin Friday in Mexico City. However, talks will unofficially begin Wednesday. Much of the two-day prelude to the official talks are expected to focus on textiles, labor, cross-border trade, and intellectual property. There is little expectation of talks regarding agriculture, at least for the start of the negotiations. The Trump administration must still find a way to address Canada’s dairy supply management system, among other agriculture issues.The idea for agriculture is to get a better deal for the United States when working with Canada and Mexico. But recent rhetoric and delays in the renegotiation are raising concerns over the trade deal’s future. American Farm Bureau Federation says the North American Free Trade Agreement is critical for farmers and ranchers.One state Farm Bureau president, Blake Hurst from Missouri, says U.S. agriculture depends on NAFTA.“We hope we’ll see progress in the NAFTA renegotiations. There’s obviously progress that can be made, phytosanitary problems at the border, improvement with our trade in dairy with the Canadians But, 70 percent of Missouri farmers’ exports go to either Canada or Mexico, we depend on this trade agreement.”Hurst says recent rhetoric regarding trade is troubling to farmers. Agriculture Secretary Sonny Perdue understands NAFTA’s positive impact on agriculture, but farmer concern grew when Perdue recently publicly expressed concern about the trade agreement’s future.“That’s something that will keep you up at night,” Hurst said. “And, I know Secretary Perdue is a very smart and a very capable leader of agriculture and we are happy to have him where he is, but if he’s that concerned, then I’m really concerned.”Withdrawal or failure to reach an agreement for NAFTA, Hurst says, would result in an economic disaster for agriculture.“Tariffs on our exports to Mexico for example are zero, they would go up to an average of 15 percent. So, you see a 15 percent price increase and you’re going to see a probably less than 15 percent drop in demand, but maybe not, maybe its greater than that. You start talking about a 15 percent decline in already unprofitable prices and your talking about an economic emergency in agriculture.”The administration is hoping to wrap up the talks by the end of March. Commerce Secretary Wilbur Ross says the negotiations do not have a hard deadline, but says if a resolution is not reached by the end of March, “The political calendar will make it very difficult to complete a deal.”Source: NAFB News Service SHARE Facebook Twitter SHARE Home Indiana Agriculture News NAFTA Talks Again Underway
in Daily Dose, Featured, Market Studies, News The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The competition among homebuyers is intense and home prices have been soaring in recent months. The cause of this heated competition and rising prices is the short supply of homes for sale. This lack of inventory has been prevalent across the country since COVID-19.New data from a Zillow survey shows how the pandemic may be responsible for the recent lack of homes for sale.Approximately 25% of potential sellers cited COVID-19 health concerns as a reason they were not interested in selling their home right now. Another reason seller may be holding off is because more Americans have been able to take advantage of COVID-era mortgage forbearance programs. About 6% of survey respondents said that these forbearance programs were the reason they were putting off selling their homes.A little more than one-third of the survey respondents (34%) said that life uncertainty was a key reason they wouldn’t sell right now but perhaps in the next three years. Similarly, 31% of respondents said that financial uncertainty was the reason they wouldn’t sell during this time. The pandemic has caused life uncertainty and financial uncertainty across the country, which are clearly factors that are keeping sellers out of the market.The recent rise in sales prices which have also occurred in the wake of the pandemic is another reason sellers are holding off. Median home prices are at record-breaking highs, “up nearly 11% year-over-year for the week ending September 5th.” Nearly 40% of respondents considering selling their homes in the next three years claimed that they were waiting to sell at a later date in the hopes of getting an even higher price. Since home prices have skyrocketed during the pandemic, many potential sellers are concerned about whether or not they will be able to afford or even find a new home if they were to sell right now. Among survey respondents who were considering selling their homes in the next three years, 31% said that they were pressing pause on their plans because they were worried about finding or affording a new home.The housing supply crisis has turned the market upside down as inventory is now down 37% year-over-year from 2019. There is no telling how long COVID-19’s impact on sellers–and the housing market overall–will last. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Share 2Save Demand Propels Home Prices Upward 2 days ago About Author: Cristin Espinosa October 27, 2020 1,080 Views Why Are Americans Putting Off Selling Their Homes? The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Tagged with: COVID-19 forbearance programs Home Sales Housing Market Demand Propels Home Prices Upward 2 days ago Related Articles Previous: Minority Households Disproportionately Feel Recession-Related Pain Next: FHFA Strategy Focuses on Post-Conservatorship Years Home / Daily Dose / Why Are Americans Putting Off Selling Their Homes? COVID-19 forbearance programs Home Sales Housing Market 2020-10-27 Cristin Espinosa Cristin Espinosa is a reporter for DS News and MReport. She graduated from Southern Methodist University where she worked as an editor and later as a digital media producer for The Daily Campus. She has a broadcast background as well, serving as a producer for SMU-TV. She wrote for the food section during her fellowship at The Dallas Morning News and has also contributed to Advocate Magazine and The Dallas Observer. Subscribe
WhatsApp Previous articleHSE may not meet new mental health staff recruitment targetsNext articleEnniskillen cyclist dies in collision with ambulance News Highland Google+ Pinterest Google+ Facebook WhatsApp Calls for maternity restrictions to be lifted at LUH The EU Fisheries Commissioner is promising to move on imposing sanctions on Iceland and the Faroes for overfishing of mackerel.Commissioner Maria Damanaki said last night mackerel stocks could be destroyed by the unilateral setting of quotas by Iceland and action will be taken within the next month.Marine Minister Simon Coveney described the Icelandic mackerel policy as madness, saying it would have a devastating impact on Co Donegal if it was allowed to continue.North West MEP Pat The Cope Gallagher has been to Iceland for discussions on a number of occasions.Speaking this morning ahead of a meeting between the Icelandic Prime Minister and the EU Commission President, he says it’s imperative that sanctions are imposed immediately………….[podcast]http://www.highlandradio.com/wp-content/uploads/2013/07/copefish.mp3[/podcast] By News Highland – July 16, 2013 Facebook Guidelines for reopening of hospitality sector published Pinterest Almost 10,000 appointments cancelled in Saolta Hospital Group this week Twitter Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey Twitter Three factors driving Donegal housing market – Robinson RELATED ARTICLESMORE FROM AUTHOR LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Cope welcomes EU commitment to move on Icelandic sanctions News