Ebay Auction: World's # 1 Horse Painting "Running Wild," Jim Warren's Prototype for "Against the Wind" – Dec 11 at 5 am


"Against the Wind" sold 6 million LP copies since 1981, making it world's top horse image www.image.google.com. It was based on Warren painting "Running Wild."

"Running Wild," Jim Warren's iconic prototype horse painting for Bob Seger's LP "Against the Wind" Grammy winner, goes on Ebay auction event on Dec. 11 at 5 am. ITEM ID: 283704115901”

— Stan Zipperman

NEW YORK CITY, NEW YORK, UNITED STATES, December 11, 2019 /EINPresswire.com/ — First and foremost, and without a doubt, "Running Wild" is the Most Famous Horse icon in the world. It is the Jim Warren surreal prototype painting for the other Jim Warren single most famous horse icon in contemporary art: Bob Seger's "Against the Wind" LP which won the 1981 Grammy Award for "Best Album Cover," and people bought more than 6,000,000 copies world-wide.

This upcoming auction is expected to be in an important Ebay luxury buying event: Dec. 11, 5 am (Pacific Standard Time).

Item ID: 283704115901

"Against the Wind's" original oil painting was owned by Bob Seger until it became a permanent possession of the art collection at the Rock and Roll Hall of Fame Museum in Cleveland, Ohio in 2004. Time Magazine estimated that the museum attracts over 1,000,000 visitors a year.

The cover art winning painting, "Against the Wind" was painted by Warren in 1980. "Running Wild" was painted by Warren circa 1977 www.artcollectorswebsite.com, measures 14" x 24" and was purchased directly from the artist. It is one of the very first horse images Warren ever painted before going on to become one of the top horse painters in the whole world, having painted over 30 horse paintings, including many stunning groundbreaking images as "Running Wild" which has movement of running horses bursting out of a Warrenesque globe in the middle of an ocean for a new first in horse painting.

Other paintings include horses emerging from ocean waves. Furthermore, most of Warren's horse paintings had limited editions, primarily with giclee on canvas or lithographs. To view a fascinating Warren "hologram" horse painting with contemporary appeal, check out his exhilarating "Computer Games" on Art Collectors Website. www.artcollectorswebsite.com. Or view it on our video later in the press release.

Look at www.image.google.com, the world's greatest internet website with well over 10 Billion images in its database that Google officially reported publicly in 2011. One search may bring up results that shows some 200 images on average for a single Google image search.

Did you realize that Google has 5.6 Billion searches per day. That means that every day new people are discovering new paintings on a grand scale. After all, Google Images is the world's greatest art museum.

Assuming that Image Google has the same amount of images in its database that it did in its last public report in 2011 and nothing new was added, it would contain some 10,000,000,000 ( 10 billion ) images minimum. So, in other words, .01 % of 10,000,000,000 would be 100,000,000. Take .01 % of that and you get 1,000,000 ( 1 million ) images. Based on these figures, to have a painting image appear in 100 or 200 of the top painting searches Is OUTRAGEOUS. So get ready to be floored!

To be the # 1 or # 2 in the first top 10 images is TOTALLY OUTRAGEOUS! This is truly all about what art investment today is all about. You can see why Google Images is quickly becoming the "new art standard" for painting values in high quality art investments.

"Running Wild" appears on www.image.google.com Horse Paintings Images lists in the TOP 10 more than 24 times: Page 1 # 1, Page 1 # 1, Page 1 # 1, Page 1 # 1, Page 1 # 2, Page 1 # 2, Page 1 # 2, Page 1 # 2, Page 1 # 2, Page 1 # 2, Page 1 # 2, Page 1 # 2, Page 1 # 3, Page 1 # 3, Page 1 # 3, Page 1 # 3, Page 1 # 4, Page 1 # 4, Page 1 # 4, Page 1 # 5, Page 1 # 6, Page 1 # 6, Page 1 # 7, Page 1 # 8, Page 1 # 8. And that's only on Page 1's Top 10. Pick yourself off the floor and continue reading.

Based on Google Images research, Jim Warren's prototype painting" "Running Wild" viewing stats are outweighing the Bob Seger LP painting image of "Against the Wind." "Running Wild" appears in Google Images at a minimum of 30 times, making Jim Warren perhaps the most established horse painter in art history. We have the actual relevant online copies of all the documentation which may be viewed on request.

Art investors should note that on Google Images searches Jim Warren often outranks some of the greatest names in art as da Vinci, Michelangelo, Van Gogh, Degas, Renoir, Monet, Manet, Turner, Picasso, Modigliani, Rembrandt, Dali, Warhol, Klimt, Gauguin and hundreds more. Google Images is getting input from billions of people viewing the internet every day, not a handful of elite experts at museums and a few auction houses. Yes, the times — they are a-changin'.

This beautiful Warren trailblazing artwork "Running Wild," which leads the pack, should interest any of the top 10 billionaire art collectors and investors in China: Wanwan Lei & Lin Han, Qiao Zhibing, Chong hou, Wang Wei & Liu Yiqian, Lu Jun & Lu Xun, Lawrence Chu, Zhou Tong, Wang Zhongjun, Huang Yu and Zheng Hao.

A well-respected art executive, J.Tomilson Hill with Blackstone, predicts China will be opening many new art museums in the near future and they'll need strong spellbinding paintings to deck those poetic walls. A good start would be Jim Warren's One and Only "Running Wild" painting. Do your research and go with the winners.

Live your passion and be passionate about what your eyes tell you.

Remember, the Ebay Auction for "Running Wild" starts Dec. 11, 5 am. ITEM ID: 283704115901

Stan Zipperman

email us here

Sexual Explosion, Re-Birth, Running Wild, Eternal Youth + Other Jim Warren Paintings Tribute

Source: EIN Presswire

Colorado Landlords Association Announces Inaugural Meeting

Colorado Landlords Association

Colorado Landlords Association announces inaugural meeting January 8, 2020 at the Radisson Hotel Denver SE/Aurora at I-225 & Parker Road at 7:00 PM

COLA is the only landlord association in Colorado catering to BOTH apartment owners and single-family house owners.”

— William Bronchick

AURORA, CO, UNITED STATES, December 10, 2019 /EINPresswire.com/ — The new Colorado Landlords Association announces inaugural meeting Weds, January 8, 2020, at the Radisson Hotel Denver SE/Aurora at I-225 & Parker Road at 7:00 PM.

The guest speaker will be best-selling real estate author and attorney William Bronchick, past president and founder of the Colorado Association of Real Estate Investors. Mr. Bronchick will discuss his simple, yet effective formula for evaluating any income property, whether single-family, small multi-family or apartment building. Use his simple, five-step strategy to determine whether an income property is worth buying or keeping.

Colorado Landlords Association ("COLA") is a professional education and networking group for landlords of all sizes in Colorado, from single-family homes to large apartment buildings. COLA features a members-only website at www.colandlords.com, as well as regular monthly meetings and training events.

COLA offers memberships for individuals, families, and business vendors, who are thoroughly screened before they can promote their services to COLA members. COLA business members have a listing on www.colandlords.com and vendor booths at meetings and events.

COLA is the only landlord association in Colorado catering to BOTH apartment owners and single-family house owners. Topics of discussion at the monthly meetings include deal analysis, financing, property management, tax and legal issues, legislation, market forecasts, and much more.

Individuals interested in upcoming meetings and legislative updates can sign up for a newsletter email list at www.colandlords.com.

William Bronchick
Bronchick Consulting Group, LLC
+1 3033987032
email us here

Source: EIN Presswire

‘Affordable Housing Solutions in America’ Presentation Draws High Praise at the IAAO 2019 Annual Conference

NTLA Executive Director and County Collector in MO, address a looming crisis with real solutions

JUPITER, FL, USA, December 10, 2019 /EINPresswire.com/ — A packed house came together to celebrate affordable housing solutions at the 85th Annual Conference of the International Association of Assessing Officers (IAAO) in Niagara Falls, Ontario. The presentation covered the affordable housing crisis in America, imbuing a renewed concern among IAAO’s constituency, made up of professionals in the fields of property valuation and property tax policy.

Brad Westover, NTLA Executive Director, and Lydia McEvoy, Revenue Collector in Clay County, MO, shared statistics on the devastating lack of affordable housing in America. For every 100 low earning households, there are only 37 rental available units and affordable. The remainder is renting homes they simply cannot afford.

Affordable housing, by definition, is ‘housing which is deemed affordable to those with a median household income or below as rated by the national government or a local government by a recognized housing affordability index.’

Westover did share a growing number of viable solutions through tax sales. "Providing renovated and restored properties back into affordable housing pool is a sweet byproduct of tax sales," said Westover.

“Today, there is not a single state or even city in America that has sufficient affordable housing for the demand required,” exclaimed Westover. “Tax sales provide one more avenue to turn renters into homeowners on an affordable cost basis. Being part of the solution is simply the right thing to do!"

From the perspective of an elected government official on the front lines at the county level, McEvoy shared, “The fundamental goal of every assessor is to achieve a fair and equitable result.”

In addition to serving as a dedicated member of the NTLA Board of Directors, McEvoy also serves on the NTLA Public Relations and Education Committee. “It was a pleasure to discuss the commitment of the NTLA to finding ethical, proactive solutions when rising housing costs start to erode value in a community,” McEvoy concluded.

“Our goal was to bring real solutions to attendees and help them understand the dire need and pushed them to think about being part of the solution,” said Westover. A rapt audience saw examples of successful city-wide programs founded not only to solve the affordable housing crisis but to also help abate homelessness altogether. They included:
• “Tiny Homes” in Detroit, MI;
• “The Block Project” in Seattle, WA;
• “Veterans Community Project” in Kansas City, MO; and,

The presentation concluded with a resounding ovation for Westover and McEvoy in shining a light on the need for affordable housing in America and promoting viable solutions that are working today.

# # #

About NTLA
The National Tax Lien Association (NTLA) was founded in 1997 as the not-for-profit trade association for the tax lien industry. It is dedicated to representing the interest of investors, lenders, service providers, and government officials regarding tax lien sales, as well as promoting the benefit of those sales as reliable income for municipal, county, and state budgets. The NTLA provides networking and training opportunities for professionals and novices in the tax lien industry. For more information, click www.NTLA.org.

Lanny Morris
National Tax Lien Association (NTLA)
+1 561-449-2484
email us here

Source: EIN Presswire

R4G Launches Service to Offset the Cost of Living for Working Families in LA

A Personal & Purposeful Service for Awesome Working Families Who Love to Live in LA

A Personal & Purposeful Service for Awesome Working Families Who Love to Live in LA

Helping Companies Find Talented Professionals and Generating Proceeds to Do Good and Love Life www.RecruitingforGood.com

Helping Companies Find Talented Professionals and Generating Proceeds to Do Good and Love Life www.RecruitingforGood.com



Recruiting for Good, a staffing agency rewarding search referrals with 50% of commissions earned; to help families offset the cost of housing and food in LA.

Love to Live in LA Start Today”

— Carlos Cymerman, Fun Advocate+Founder, Recruiting for Good

SANTA MONICA, CA, UNITED STATES, December 10, 2019 /EINPresswire.com/ — Recruiting for Good (R4G), a staffing agency helping companies find professional staff; and rewarding referrals to help make a difference in families' lives.

According to Recruiting for Good Founder, Carlos Cymerman, "Do you love to live in LA…and have fun…we help working parents who make a difference do just that. Our purposeful referral service is confidential and personal."

How to Participate in Love to Live in LA

1. Either mom, dad, or both parents are working professionals; who make a difference (by volunteering in the community, serve on PTA, or have a profession that makes a difference).

2. Live on the Westside, Valley, or Southbay; and meet Recruiting for Good, Founder, Carlos Cymerman in person.

3. Either parent introduces a company hiring professional staff; and Recruiting for Good helps the company find an employee to earn a finder's fee that is shared 50/50 to offset the cost of housing and/or food.

Carlos Cymerman adds, "Now families can use their social network to improve the quality of life of their kids simply participate in Recruiting for Good…Love to Live in LA Start Today."


Recruiting for Good is a socially progressive staffing company in Santa Monica, finding talented professionals great jobs they love, since 1998. Companies retain us to find them the best talent in Accounting/Finance, Engineering, and Information Technology, Marketing, and Sales. And generates proceeds for Kid causes www.RecruitingforGood.com

Since October 2017, Recruiting for Good has been sponsoring community service 'Our Moms Work;' a cost free career mentoring service for women who love to find joy at work, strategize on getting a promotion/raise, or find a job to love (or start a business that makes a difference). To learn more visit www.OurMomsWork.org

Carlos Cymerman
Recruiting for Good
email us here
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Source: EIN Presswire


Infinity RE  logo

Infinity RE logo

BridgeInvest logo

169 - 171 First Avenue

169 – 171 First Avenue

Infinity Partners with BridgeInvest on $14M Loan at 169-171 1st Avenue, Home of Momofuku

The East Village has been one of the most vibrant parts of the city for over a decade. These assets have tremendous value-add potential that we believe our borrower is well-positioned to capture.”

— David Berg, Partner of Infinity Real Estate, LLC

NEW YORK, NY, USA, December 10, 2019 /EINPresswire.com/ — Infinity Real Estate LLC (“Infinity”) in partnership with BridgeInvest provided a $12 million loan to finance 169-171 BH, LLC’s acquisition of 169 First Avenue and 171 First Avenue (“the properties”) located in the East Village of Manhattan. The loan, which has a three-year term, is the latest deal to showcase Infinity’s lending platform, which specializes in financing senior loans, mezzanine loans, and preferred equity loans across the east coast, particularly in their primary markets which include New York, Washington, DC, Miami and Philadelphia.

The properties, which 169-171 BH purchased for $14 million, consists of two retail units and five, full-floor residential units that are each approximately 2,000 square feet in area. The total area of the two properties is 13,185 square feet. Of particular note, the original Momofuku, the flagship restaurant of world-famous chef David Chang, occupies the retail space at 171 First Avenue.

David Berg, a Partner at Infinity, said, “The East Village has been one of the most vibrant parts of the city for over a decade, and that’s reflected in the strength of its residential and retail markets. These assets have tremendous value-add potential that we believe our borrower is well-positioned to capture.”

Steve Kassin, the Founder and Managing Partner of Infinity, added: “We’re very pleased to partner with BridgeInvest on this loan, and we look forward to working with them in the future.”

For more about BridgeInvest, please visit https://bridgeinvest.com/

About Infinity Real Estate, LLC (www.infinityre.com)

Infinity Real Estate is a privately-owned developer, owner, and manager of high-quality real estate in primary U.S. markets. The Company’s portfolio includes over 60 individual properties representing over 1 million square feet of retail, office and hospitality space and over 1,800 urban rental apartments. Through its affiliates and portfolio companies, Infinity has managed over 115 properties representing over 20 million square feet. The Company’s principals have led or have directly transacted on over $5 billion of real estate related investments spanning the acquisition or development of individual properties and portfolios, as well as several private corporate deals. Infinity has established a strict investment discipline centered on active management of all its projects. The Company has completed over 30 historically protected redevelopment projects in five US cities. Infinity’s “Green Landmark Initiative” is aimed at modernizing the infrastructure and transforming the spatial programming of historic properties, so that they operate with the highest efficiency and smallest environmental footprint possible, while rehabilitating and preserving precious architectural elements of the historic structures. Infinity pledges 1% of its revenues to environmental preservation and social causes as a member of 1% FOR THE PLANET — the environmental non-profit’s only member real estate company. Infinity Real Estate was founded in 2005 by Steven J. Kassin and is headquartered in New York City.

Kimberly Macleod
+1 917-587-0069
email us here

Source: EIN Presswire

Cravey Real Estate Services, Inc. Assists in Sale of Huntington Square Shopping Center

CORPUS CHRISTI, TEXAS, UNITED STATES, December 10, 2019 /EINPresswire.com/ — Cravey Real Estate Services, Inc. recently assisted in the sale of Huntington Square Shopping Center located at the corner of Staples and Saratoga, the busiest intersection on the Southside of Corpus Christi, Texas. The sale included the shopping center and additional land for expansion. Huntington Square is a 90,768 square foot retail center shadow-anchored by a 174,000 square foot HEB Plus grocery store. Major tenants in the center include Dollar Tree, Freedom Fitness, Edward Jones, Physicians Premier emergency room, Jason’s Deli, Pizza Hut and others. Although the sale price cannot be disclosed, the center is valued at $9,518,529.00 according to the Nueces County appraisal district.

The seller, Hunt Development Ltd, was represented by Cravey Real Estate broker associate, Lynann Pinkham. The buyer, LRIC Corpus Christi, L.P., retained Cravey Real Estate Services, Inc. to continue to manage and exclusively lease the center. LRIC Properties is based out of Dallas, Texas and their focus is on the development, redevelopment and investment in retail properties throughout Texas, the southwest and south.

About Cravey Real Estate Services, Inc.
Cravey Real Estate Services is a full service commercial and industrial real estate company based in Corpus Christi, Texas. We sell, lease, and manage Commercial, Industrial, Warehouse, Office, Retail, Shopping Centers, Land, and Investment Properties in Texas. To learn more, visit our website at https://craveyrealestate.com/.

Lynann Pinkham
Cravey Real Estate Services, Inc.
+1 361-289-5168
email us here

Cravey Real Estate Company Video

Source: EIN Presswire

Sprayed-In-Place Pipe (SIPP) Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019-2025

WiseGuyReports.com adds “Global Sprayed-In-Place Pipe (SIPP) Market Size, Status and Forecast 2019-2025” reports to its database.

PUNE, MAHARASTRA, INDIA, December 10, 2019 /EINPresswire.com/ — Sprayed-In-Place Pipe (SIPP) Market:

Executive Summary

The report for the forecast period predicts an impressive growth rate for the sprayed-in-place pipe (SIPP) market in the near future. Most of the pipelines in developed countries such as the USA, Germany and Canada have reached or are almost nearing their retirement age and require rehabilitation for smooth functioning in the future. Furthermore, the key economies in developing regions are increasing their infrastructure expenditure in order to decrease water loss as well as to improve the quality of water. Both these factors are responsible for driving the growth of the sprayed-in-place pipe (SIPP) market.

Sprayed-in-place pipe (SIPP) technology is a trenchless rehabilitation method that is widely used to repair existing corroded, leaked or damaged pipelines. It involves a robotic lining system that develops and manufactures proprietary lining polymeric. SIPP works as a jointless and seamless pipe within a pipe that has the capacity to rehabilitate old pipelines ranging from 0.1 to 2.8 meters in diameter.

Request Free Sample Report @ https://www.wiseguyreports.com/sample-request/4588341-global-sprayed-in-place-pipe-sipp-market-size-status-and-forecast-2019-2025

The governments and corporations in key segments are either spending large amounts towards infrastructure developments or accomodating their budgets for such large expenditures, which is one of the key factors driving the sprayed-in-place pipe (SIPP) market. Materials like cement mortar are an age old factor involved the rehabilitation of pipelines in the sprayed-in-place pipe (SIPP) market, are highly economical and provide the some of the best results. The cost effectiveness of such materials is also one of the driving factors for the sprayed-in-place pipe (SIPP) market. The sprayed-in-place pipe (SIPP) technology is one of the best rehabilitation methods as compared to other pipe repairing systems as it is a sustainable technology that doesn’t uproot the existing pipelines in place. The effectiveness of SIPP technology due to its technically advanced method is also a key factor that induces growth in the global market.

Market Segmentation:

On the basis of type, the sprayed-in-place pipe (SIPP) market is segmented as 36 inches SIPP.

On the basis of application, the sprayed-in-place pipe (SIPP) market is segmented as water and sewer pipelines, oil and gas pipelines, chemical pipelines and others.

Trenchless rehabilitation technologies like the sprayed-in-place pipe (SIPP) are replacing the old dig-and-replace method, which is ecpected to drive the sprayed-in-place pipe (SIPP) market growth.

Regional Analysis:

On the basis of region, the sprayed-in-place pipe (SIPP) market is broadly segmented as North America, Latin America, Europe, Asia-Pacific, Middle East and Africa, and others.

The North American segment of the sprayed-in-place pipe (SIPP) market is further segmented as the US, Canada and Mexico.

The European segment of the sprayed-in-place pipe (SIPP) market is further segmented as Germany, France, the UK and Spain.

The Asia-Pacific segment of the sprayed-in-place pipe (SIPP) market is further segmented as China, Japan, Australia, Singapore.

In terms of region, the North American segment is currently the larget market for sprayed-in-place pipe (SIPP) infrastructure, with USA being the largest market worldwide.

The Asia Pacific segment of sprayed-in-place pipe (SIPP) market, particularly Japan, China and Australia are expected to witness the highest growth during the forecast period.

Industry News

Among the top players in the sprayed-in-place pipe (SIPP) market, Michels Corporation continues to be at the forefront. In 2019, the organisation has been once again recognised as a “Green Professional” in the Wisconsin Sustainable Business Council Green Masters Program for businesses interested in the integration of sustainability and operations.


For further information on this report, visit – https://www.wiseguyreports.com/reports/4588341-global-sprayed-in-place-pipe-sipp-market-size-status-and-forecast-2019-2025

+1 646-845-9349
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Source: EIN Presswire

Vinyl Glue Floor Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019-2025

WiseGuyReports.com adds “Global Vinyl Glue Floor Market Insights, Forecast to 2025” reports to its database.

PUNE, MAHARASTRA, INDIA, December 10, 2019 /EINPresswire.com/ — Vinyl Glue Floor Market:

Executive Summary

The Global Vinyl glue floor market is estimated to show a higher growth during the current forecast timeframe. This is highly attributed to the rise in demand from the construction industry. There has been an ascension in construction activities in both the residential and non residential sectors. This is due of the rising living standards of the middle class populace. They are preferring to do more investments in luxury housing and infrastructure due to an increase in their disposable income. The demand of the smart houses is all trending and giving rise to the sales of the modern flooring solutions. This factor is expected to boost the revenue share of the Global vinyl glue floor market in the year to come. Moreover, the benefits of vinyl flooring over the high maintenance required carpet flooring are more. Vinyl flooring is made from combination of natural and synthetic materials. The features exhibited by the vinyl flooring tiles are numerous. Some of them include stain and water resistance, high durability, easy installation,and low cost. Due to this, they find applications in hospitals where the bodily fluids and chemical standings are prevented. These factors will mark an upsurge in the demand of the Global vinyl glue floor market round the globe.

Request Free Sample Report @ https://www.wiseguyreports.com/sample-request/4584625-global-vinyl-glue-floor-market-insights-forecast-to-2025

Another factor foreseen to boost the sales of the vinyl flooring tiles is the advancement in technology. To stay ahead in the marketplace, the manufacturers are incorporating techniques to better the design, performance, and installation of the vinyl based tiling. This has made consumers get access to the modern designs like self adhesive tiles, glue down tiles and interlocking tiles. And it has become easy to mould the luxury vinyl tiles(LVT) into hardwood, marble, and stone flooring designs. This enhances the aesthetic appearance of the flooring. So the factors like modern designing and aesthetic appearance will lead to the rise in sales of the product and open new avenues for increasing the market share of the major players.

The only factor to downgrade the growth of the Global vinyl glue floor market is the variable pricing of the raw materials required in the plant process like limestone, glass fibre, and vinyl. This is seen as a hindrance for the manufacturers.

Market Segmentation

Based on market segmentation, the report has studied two main categories. These are based on product type and applications type. The product type includes vinyl sheet, luxury vinyl tile(LVT), and vinyl composition tile(VCT).

Detailed Regional Analysis

The study of the vinyl flooring tiles is studied in different geographies. The main areas include North America, Europe, Asia Pacific, Middle East and Africa, and South America. Among these, the Asia Pacific region is expected to hold the top position. This is owing to the rising remodeling and maintenance activities, and growing awareness regarding the benefits of LVT over the traditional flooring.

Industry News

January 2019: Giving a boost to the LVT market, the company named Genflor, launched a new range of vinyl tiles consisting of 35 new designs and colours range. And there are more than 10 formats of the vinyl glue tiles.


For further information on this report, visit – https://www.wiseguyreports.com/reports/4584625-global-vinyl-glue-floor-market-insights-forecast-to-2025

+1 646-845-9349
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Source: EIN Presswire

Rong360 Jianpu Technology (NYSE:JT) Big Data Institute:Mortgage Rates Largely to Remain Stable before End-2019

Graph1 Average First-Home Mortgage Trend Nationwide in Recent Year

Average First-Home Mortgage Rate among First and Second Tier Cities in November 2019

Home Mortgage Rates in November 2019 (by Cities)

Jianpu Technology (NYSE:JT)

BEIJING, CHINA, December 9, 2019 /EINPresswire.com/ — 1. Mortgage rates: LPR cut drawing market attention amid the half-year rising trend of mortgage rates

According to the monitoring data released by Rong360 Jianpu Technology (NYSE:JT) Big Data Institute, China’s residential mortgage loan rates have been on a rise for half a year. As of November 2019, the average mortgage loan rate for the first-time homebuyers rose by 1BP over the prior month to 5.53%, equal to adding 68BPs onto LPR for relevant maturity; and the average mortgage loan rate for the second-time homebuyers grew by 1BP to 5.85 %, equal to adding 100BPs onto LPR.

2. Cities: Mortgage rates stabilizing in many cities, over 70% of banks unchanging their mortgage rates in November
After a rising wave for half a year, mortgage rates in most cities were stabilized in November, as seen in the number of cities where the rates still rose, the number of banks having increased the rates and the growth of the rates. According to the monitoring data released by Rong360 Jianpu Technology (NYSE:JT) Big Data Institute, 11 cities carried forward the October’s mortgage rates for the first-time homebuyers into November, while less cities increased mortgage rates and only five cities posted a month-on-month growth of above 5BPs.

Among the 533 bank branches (sub-branches) in 35 cities monitored by Rong360 Jianpu Technology (NYSE:JT) Big Data Institute, except those halting the offering of residential mortgages, 385 maintained the rates for the first-time homebuyers in last month. The number represented an increase of 178 over last month and accounted for 72.23% of all the monitored bank institutions. Besides, the number of bank institutions posting month-on-month increase or decrease both declined.

3. Ranking: further rise in high-mortgage rate cities, with mortgage rate for first-time homebuyers in Nanning hitting 6.30%
Shanghai still registered the lowest average mortgage rate for the first-time homebuyers in November 2019, but the average has increased from 4.83% in October to 4.90%, which was no longer below the floor.
Throughout the country, cities with high mortgage rates saw a further increase in the rates because local housing market in most of the cities was still a boom. Nanning was still the city posting the highest mortgage rate for the first-time homebuyers, and the mortgage rate there gained 14BPs in November to 6.30%.

4. Trend: LPR cut not to offer much stimulus in short term and mortgage rates largely to remain stable before end-2019
In the fourth offering of LPR on November 20, the five-year LPR was cut for the first time, followed by a heated discussion on whether residential mortgage loan rates would follow suit. Rong360 Jianpu Technology (NYSE:JT) Big Data Institute holds that cities much affected by new regulations before will probably reduce their mortgage rates to weaken the impact of prior upward adjustment of the rates. However, as far as most cities are concerned, what’s brought about by the reform of new LPR mechanism for the moment is only the change in benchmarks, and the actual mortgage rate is mainly subject to local control policies, i.e. how many BPs are added onto the benchmark rates.
In this sense, without a significant change in real estate control policies, it is expected that LPR cut will not immediately affect the rates of new residential mortgages. What’s more, at the end of the year, lots of banks do not have many credit limits left, and the number of banks ceasing to lend will increase further. In light of the above-mentioned factors, most of the cities will roughly keep local mortgage rates stable, free from the LPR stimulus in the short term.

Di Wang
Jianpu Technology
+86 10 8262 5755
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Source: EIN Presswire

Hillstone Capital Announces Invitation to Hard Money Lending Investment Program

Hillstone Capital's Proprietary Hard Money Lending Visual Icon

Hillstone Capital Introduces Proprietary Hard Money Lending Platform

The PNW's premier single family real estate development fund announces pilot program for accredited investors seeking first deed of trust secured investments

BELLEVUE, WA, USA, December 9, 2019 /EINPresswire.com/ — Hillstone Capital, the PNW’s premier single family real estate development fund has announced a pilot program for accredited investors seeking first deed of trust secured investments. The purpose of the short-term program is to introduce Hillstone’s proprietary hard money lending platform to Seattle area real estate investors.

Historically, there has been little to no change in the hard money lending landscape.

Hard money loans are short-term loans secured by real estate. They are funded by private investment firms as opposed to conventional lenders such as banks or credit unions. Interest rates are higher than conventional residential property loans, and the terms are shorter; ranging from 6-18 months. Typically, hard money loans are issued to builders, developers, and real estate investors where projects are not financeable by a traditional bank’s underwriting.

According to Hillstone Capital Principal Blake E. Robbins, the new lending platform will bring a substantial update to a previously unchallenged model. “After reviewing many real estate lending firms, we noticed each of them had the exact same strategy.” Robbins said. “We’re modernizing the industry.”

The Hillstone investment pilot program highlights a distinctly different approach, and provides more borrower flexibility in regards to fees and terms, as well as a unique stop-loss system that increases overall investment performance when compared to existing lending models. A pilot program, also called a feasibility study, is a small-scale, short-term assessment that helps an organization learn how a large-scale project might work in practice.

The primary objective is to offer Hillstone accredited investors dependable income, while minimizing risk of loss through stringent underwriting standards for all real estate loans. “Maintaining 1st deed of trust position was crucial to our commercial debt financing model and provides a level of security that is unmatched in other alternative investments.” Robbins added.

Hillstone is answering the call of the investor community of fix and flippers. “We have always strived to bring innovative investment products to the market. Finally, real estate investors will have more than one loan product to choose from” Robbins concluded.

Christina M. Robbins
Hillstone Capital
+1 425-247-4714
email us here
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Source: EIN Presswire