WASHINGTON – U.S. Treasury Secretary Jacob J. Lew today announced Obama Administration efforts to continue helping struggling homeowners avoid foreclosure, increase access to affordable rental options and expand access to credit for borrowers. In remarks at the Making Home Affordable (MHA) Fifth Anniversary Summit, Secretary Lew specifically unveiled a new financing partnership between the Treasury […]
INDIANAPOLIS, — Simon®, a leading global retail real estate company, has announced a collaboration with elevate DIGITAL, a leading developer of engaging interactive digital technology, to install “digital concierge” solutions in a number of Simon’s U.S. retail destinations. elevate’s interactive technology displays will provide Simon’s mall visitors with a virtual way-finding experience to help them […]
MOORESVILLE, N.C. – Today, Lowe’s underscored its commitment to advancing retail innovation as it introduced Lowe’s Innovation Labs and the first concept to come out of the lab, the Lowe’s Holoroom. Lowe’s created Lowe’s Innovation Labs to build new technology to solve common consumer frustrations while working alongside start-ups, universities, specialized professionals and other companies. […]
WASHINGTON, DC – Americans’ concerns about the direction of the economy and their household income appear to be weighing on housing growth, according to results from Fannie Mae’s May 2014 National Housing Survey. The share of respondents who believe the economy is headed in the wrong direction remained at 57 percent last month, and those […]
SEATTLE, — The affordable homes most sought after by first-time homebuyers are being kept off the market in part because nationally, those homes are almost three times more likely to be underwater than the most expensive homes, according to the first quarter Zillow® Negative Equity Reporti. The national negative equity rate fell to 18.8 percent […]
AN JOSE, Calif., — Nationally, the number of single-family homes for sale and their prices continue to rise – revealing a healthier real estate marketplace than a year ago and strong seller confidence, according to the April 2014 National Housing Trend Report released today by realtor.com®, the leader in providing consumers the most accurate U.S. […]
MCLEAN, VA–(Marketwired – Apr 10, 2014) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates moving down slightly as we head into the spring homebuying season. News Facts 30-year fixed-rate mortgage (FRM) averaged 4.34 percent with an average 0.7 point for the week […]
WASHINGTON, DC – Recent month-to-month volatility in the housing market has softened the ongoing recovery. However, the majority of the Fannie Mae National Housing Survey indicators on consumer attitudes have continued to move in a positive direction during the past year, which may portend a pickup in home buying and selling activity this spring. According […]
INDIANAPOLIS, — Simon Property Group, Inc. (NYSE:SPG), a global leader in retail real estate, announced today the launch of a new, dedicated Simon Venture Group. This new business will invest in retail innovation, focusing on opportunities that enhance the shopping experience. Simon Venture Group will be investing across stages from early-stage to high-growth technology companies, […]
LAS VEGAS – Century 21 Real Estate LLC, franchisor of the world’s largest real estate franchise sales organization, today announced the launch of C21 Social XchangeSM, in conjunction with agreements with Google and Videolicious. Through an industry-first licensing agreement with Google, a co-marketing agreement with Google Adwords, and a comprehensive licensing agreement with Videolicious, the […]