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NAR: High Prices Stifle October Home Sales

PYMNTS

The National Association of Realtors (NAR) said that its Pending Home Sales Index (PHSI) is down for the second consecutive month, dropping 1.1 The housing market is still hot, but we may be starting to see rising home prices hurting affordability.". Only the southern region of the U.S. percent after months of steady gains. .

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Axos Bank Expands Commercial Presence In NYC, LA

PYMNTS

Axos Bank parent company Axos Financial has rolled out out commercial banking operations across new markets in the U.S., “The nation’s two largest metropolitan areas are home to a majority of our commercial lending and banking clients,” said Greg Garrabrants, president and CEO of Axos, in a statement.

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The Warehouse Building Rush Brought By eCommerce

PYMNTS

Ecommerce is really changing the shape of the market,” said Perry Colosimo, a FedEx spokesman, in a written statement. “We According to some estimates, the Interstate-78/Interstate-81 corridor is the fastest growing industrial corridor in the nation. Dollar General Corp., Ocean Spray and PetSmart Inc.

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How Millennials Are Propelling Halloween To New Retail Heights

PYMNTS

Halloween is no longer just for the kids and those with kids,” wrote Allison Zeller, director of research for the National Retail Federation (NRF). And, with consumer holiday sales on adult costumes rising, plenty of liquor brands are getting into that market, as well. A recent NRF survey indicates 22.7 Another 34.5

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Tapping Into 120 Million Traveling Wallets

PYMNTS

No dream, this: Alipay is expanding its efforts and footprint in North America to capture discretionary spending as Chinese tourists flock to the region for culture and entertainment … and spend on everything from food to handbags. Of that, picture 120 million wallets right in your own backyard, flush with cash and credit.

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CRE Credit Risk – What You Need To Know Now

South State Correspondent

While the market focuses on deposits and liquidity, media pundits and analysts are waiting for credit problems to appear. CRE Risk Background While ten years ago, community and regional banks use to make up some 55% of the CRE market, in 2023, these banks now compose approximately 72% (below). touched off a wave of bankruptcies.

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Bridg Closes Marketing Loop For Restaurants, Retail

PYMNTS

Los Angeles-based tech company Bridg is closing the loop for brick-and-mortar restaurants, and soon for retailers, by providing them with key consumer insights. ECommerce marketers know everything about their customers,” said Mike Bell, COO of Bridg. and draws patterns and conclusions on how to most effectively market to them.

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