Duplex Stainless Steel Pipe Market : Rising Trends with Top Countries Data, Technology and Business Outlook 2020 to 2026

The MarketWatch News Department was not involved in the creation of this content.

Sep 28, 2020 (The Expresswire) —
Duplex Stainless Steel Pipe Market” is valued at 464.2 million USD in 2020 is expected to reach 556.7 million USD by the end of 2026, growing at a CAGR of 2.6% during 2021-2026, According to New Research Study. 360 Research Reports provides key analysis on the global market in a report, titled “Duplex Stainless Steel Pipe Market by Types (Lean Duplex, Standard Duplex, Super Duplex, Hyper Duplex), Applications (Offshore Oil and Gas, Chemical Process Industry, Chemical Tankers / Shipbuilding, Desalination / Water Treatment, Pulp and Paper, Air Pollution Control, Architectural, Building and Construction, Others) and Region – Global Forecast to 2026” Browse Market data Tables and Figures spread through 120 Pages and in-depth TOC on Duplex Stainless Steel Pipe Market.

COVID-19 can affect the global economy in three main ways:

Read More

Why Are Home Prices Rising So High? Blame Record-Low Mortgage Rates

When the coronavirus pandemic gutted the strongest U.S. economy, many assumed another recession would bring rock-bottom home prices along with it. Instead, home prices defied logical assumptions—and soared to new heights.

Paradoxically enough, one of the biggest drivers of the double-digit price hikes is the very same record-low mortgage interest rates that put homeownership within reach for the masses. They fell to a new all-time low of 2.81% in the week ending Oct. 15, according to Freddie Mac. That’s shaved a considerable amount off of monthly mortgage payments, allowing buyers to stretch their budgets further.

Those get-’em-before-they’re-gone rates are giving folks who are still employed and have been mulling purchasing a new home a bad case of FOMO. Add in months of being cooped up at home, and suddenly there’s a flood of buyers seeking larger homes, often with home offices and big backyards. That’s ratcheted up demand just as

Read More

CMBS Foreclosures Start Rising As Hotel Defaults Break 50% In Some Cities

Placeholder

The market for commercial mortgage-backed securities, particularly hotels and retail, continues to worsen with no sign of an imminent turnaround.

The September edition of CMBS analysis firm Trepp’s monthly report found that 26% of hotel-backed CMBS loans are in special servicing, while the same is true for 18.3% of CMBS loans tied to commercial retail properties. Both sectors’ special servicing rates are the highest on record, while industrial, office and multifamily all have below 3% of their CMBS loans in special servicing.

Luxury hotels in major cities seem to be the hardest-hit subsection of the hospitality industry because they are more dependent on business travel and large events that remain all but nonexistent across the country.

Hotels in Houston, which has also been hurt by the oil industry’s struggles, hit a 69% delinquency rate in September, according to Trepp data obtained by Commercial Mortgage Alert. Just over 50% of Chicago’s

Read More

Perfect Storm For Realty Investors: Rising Vacancies And Falling Rents

In Piketty and the decline of dirty mansions, Dylan Reid reminds of the debt-driven economic boom that built large single-family mansions in the early 20th century. Many were converted to more efficient and affordable multiple-unit dwellings in the bust years that followed. In the process, working people who had been priced out of many areas could move into affordable housing in nice neighbourhoods with good access to transportation, services and schools. Social and economic strength improved as they did.

Another debt boom worked to reverse the trend over the last 15 years, as many of the same buildings were remodelled back to large single-family dwellings and nice rentals became scarce and prohibitively expensive.

Condo buildings, institutional dwellings for students and seniors, and office and commercial space became “no-brainers” since they could be purpose-built in scale by yield-starved investors willing to buy with thin and even negative cash flow prospects.

Then

Read More

Here’s where Oregon home values are rising the fastest

To ascertain its ratings, SmartAsset used three factors: Property tax rates, school ratings and average home value growth.

PORTLAND, Ore — With no sales tax, Oregon relies heavily on property taxes to fill its general fund coffers. Yet that rate, according to a national researcher, still sits below the national average.

So reports a new study from SmartAsset, a financial technology company that also provides research on an array of topics. The company revealed the good news for Oregon in an accompanying rankings of state counties by home values.

Overall, Oregon’s effective property tax rate in Oregon is 1.04 percent, below the U.S. average currently of 1.08 percent.

VIEW SLIDESHOW: The 10 Oregon counties where home values are rising the fastest

To ascertain its ratings of which counties where home values have risen the most, SmartAsset used three factors: Property tax rates, school ratings and average home value growth. It

Read More