Real Estate Loan Market 2024: Growth in Property and Housing Finance
Share this Post to earn Money ( Upto ₹100 per 1000 Views )
The real estate loan global market report 2024from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Real Estate Loan Market, 2024The real estate loan global market report 2024
Market Size - The real estate loan market size has grown rapidly in recent years. It will grow from $9,868.34 billion in 2023 to $11,059.09 billion in 2024 at a compound annual growth rate (CAGR) of 12.1%. The growth in the historic period can be attributed to economic cycles, regulatory changes, interest rate fluctuations, housing market trends, demographic shifts, technological advancements, and global financial crises.
The real estate loan market size is expected to see rapid growth in the next few years. It will grow to $17,540.2 billion in 2028 at a compound annual growth rate (CAGR) of 12.2%. The growth in the forecast period can be attributed to encompass evolving consumer preferences, sustainability mandates, digital transformation in banking, geopolitical stability, infrastructure investments, and pandemic recovery strategies. Major trends in the forecast period include rising demand for sustainable and green financing options, increasing adoption of digital mortgage processes, growth in remote and flexible work influencing residential property preferences, expansion of co-living and co-working spaces, and innovations in prop-tech affecting property valuations.
Order your report now for swift delivery @
https://www.thebusinessresearchcompany.com/report/real-estate-loan-global-market-report
Scope Of Real Estate Loan MarketThe Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Real Estate Loan Market Overview
Market Drivers -The increasing foreign investment in real estate is projected to drive the growth of the real estate loan market in the future. Foreign investment in real estate involves purchasing property from individuals or entities from other countries. Factors such as favorable market conditions, attractive returns, and the necessity for asset diversification are fueling the rise in foreign real estate investment. Real estate loans are essential for foreign investors as they provide the capital needed to acquire property, facilitating market entry and portfolio expansion. For example, in July 2022, the National Association of Realtors, a U.S.-based trade association for real estate, reported that foreign buyers spent $59 billion on existing homes in the U.S. between April 2021 and March 2022, which represented an 8.5% increase from the previous year. Thus, the growing foreign investment in real estate is significantly contributing to the expansion of the real estate loan market.
Market Trends - Major companies operating in the real estate loan market are developing digital financing platforms to streamline and enhance the loan application and approval process. Digital financing platforms are technology-driven platforms designed to manage, process, and deliver financial services and products online to improve efficiency, accessibility, and user experience in financial transactions and services. For instance, in May 2024, L&T Finance Ltd., an India-based non-banking financial company, launched The Complete Home Loan. The initiative primarily targets new home buyers looking for loans for both under-construction and ready properties, focusing on key markets Bengaluru. This unique feature allows borrowers to finance essential furnishings and home décor, providing flexibility and convenience for creating a comfortable living space. This financing can be up to 15% of the total home loan amount, not exceeding ?75 lakh, with a repayment period of up to 10 years. The Complete Home Loan includes benefits such as paperless processing, hassle-free documentation, attractive interest rates, and high service standards.
The real estate loan market covered in this report is segmented –
1) By Property Type: Hotels, Retails, Industrial, Office, Residential, Other Property Types
2) By Provider: Banks, Non-Banking Financial Institutions, Other Providers
3) By End-User: Business, Individuals
Get an inside scoop of the real estate loan market, Request now for Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=18708&type=smp
Regional Insights - North America was the largest region in the real estate loan market in 2023. The regions covered in the real estate loan market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies - Major companies in the market are JPMorgan Chase & Co., Bank of America Corporation, Citigroup Inc., U.S. Bank, The PNC Financial Services Group Inc., Fairway Independent Mortgage Corporation, HomeBridge Financial Services, Caliber Home Loans Inc., New American Funding LLC, Navy Federal Credit Union, loanDepot.com LLC , Guild Mortgage Company, Flagstar Bank N.A., Movement Mortgage, Carrington Mortgage Services LLC, Embrace Home Loans Inc., Northpointe Bank, Sierra Pacific Mortgage Company Inc., PrimeLending, Regions Bank, Rocket Mortgage
Table of Contents
1. Executive Summary
2. Real Estate Loan Market Report Structure
3. Real Estate Loan Market Trends And Strategies
4. Real Estate Loan Market – Macro Economic Scenario
5. Real Estate Loan Market Size And Growth
…..
27. Real Estate Loan Market Competitor Landscape And Company Profiles28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model