PSB

MassMutual Consumer Spending & Saving Index: Americans Plan to Spend $1,243 on Average on Holiday-Related Purchases This Season

Retrieved on: 
Tuesday, November 16, 2021
Men, Retail, Other Professional Services, Family, Insurance, Finance, Consumer, Banking, Online Retail, Professional Services, Other Retail, Parenting, Other Consumer, Women, PSB, Gen, Silver, Overalls, Income, Goal, Research, Millennials, Baby boomers, Woman, Travel, Side Hustles, MassMutual, Food, St. Louis Fed Financial Stress Index, Parent, Occupational burnout, Generation X, Clothing, Time, Uncertainty, Life, Risk, Health insurance, Pharmaceutical industry, Tutoring

In another sign of consumer positivity, among those who plan to increase their spending this season, 42% expect to spend at least $500 more this holiday season than last, and one-quarter expect to spend at least $1,000 more.

Key Points: 
  • In another sign of consumer positivity, among those who plan to increase their spending this season, 42% expect to spend at least $500 more this holiday season than last, and one-quarter expect to spend at least $1,000 more.
  • On average, Americans plan to spend $1,243 on holiday-related purchases this season.
  • Many also expect to spend more this holiday season due to travel (34%), attending/hosting in-person celebrations (34%) and big-ticket experiences (e.g., shows, sporting events) (23%).
  • Careful planning and spending, as well as how you pay for purchases, is key to help ensure an enjoyable holiday season and new year.

Consumers' Attitude Toward Housing Conditions Remains Mixed

Retrieved on: 
Monday, November 8, 2021
National House Building Council, Shock, PSB, Fannie Mae, Industry, Income, Disposable household and per capita income, Research report, My Home Purchase Plan, Sale, FNMA, Index, NHS, Pessimism, OTCQB, Decision-making, Risk, Economy, Housing, Data collection, Health insurance, Tutoring, Grocery store, Real estate

The HPSI reflects consumers' current views and forward-looking expectations of housing market conditions and complements existing data sources to inform housing-related analysis and decision making.

Key Points: 
  • The HPSI reflects consumers' current views and forward-looking expectations of housing market conditions and complements existing data sources to inform housing-related analysis and decision making.
  • The HPSI is constructed from answers to six NHS questions that solicit consumers' evaluations of housing market conditions and address topics that are related to their home purchase decisions.
  • Fannie Mae helps make the 30-year fixed-rate mortgage and affordable rental housing possible for millions of people in America.
  • We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk.

High Home Prices Continue to Weigh on Homebuying Sentiment

Retrieved on: 
Thursday, October 7, 2021
National House Building Council, Income, Risk, Economy, Decision-making, FNMA, Disposable household and per capita income, Data collection, Industry, Fannie Mae, Housing, Research report, NHS, Observation, OTCQB, My Home Purchase Plan, PSB, Health insurance, Real estate, Grocery store

"The survey's story is also largely unchanged: Consumers feel it's a bad time to buy a home but a good time to sell and they continue to cite high home prices as the primary reason.

Key Points: 
  • "The survey's story is also largely unchanged: Consumers feel it's a bad time to buy a home but a good time to sell and they continue to cite high home prices as the primary reason.
  • As a result, the net share of Americans who say home prices will go up decreased 3 percentage points month over month.
  • The Home Purchase Sentiment Index (HPSI) distills information about consumers' home purchase sentiment from Fannie Mae's National Housing Survey (NHS) into a single number.
  • We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk.

PS Business Parks, Inc. Announces Agreement to Sell Lusk Business Park in San Diego, California

Retrieved on: 
Wednesday, October 6, 2021
Commercial Building & Real Estate, Construction & Property, REIT, PS Business Parks, REIT, Sale, Income, Company, Agreement, COVID-19, Technology, Sorrento Mesa, San Diego, PSB, Real estate investment trust, NYSE, Procurement, Real estate

The Agreement provides that, upon the terms and subject to the conditions set forth therein, the Buyer will acquire the Companys Lusk Business Park, located in the Sorrento Mesa submarket of San Diego, California, for a gross purchase price of $315.4 million (the Lusk Sale).

Key Points: 
  • The Agreement provides that, upon the terms and subject to the conditions set forth therein, the Buyer will acquire the Companys Lusk Business Park, located in the Sorrento Mesa submarket of San Diego, California, for a gross purchase price of $315.4 million (the Lusk Sale).
  • The Company expects the net proceeds from the Lusk Sale, after payment of transaction costs, will be approximately $311.0 million.
  • We are pleased to announce the Agreement to sell our Lusk Business Park, said Mac Chandler, the Companys President and Chief Executive Officer.
  • Located primarily in major coastal markets, PS Business Parks 97 properties serve approximately 5,100 tenants in 28 million square feet.

Stagwell (STGW) Appoints The Harris Poll's Merrill Raman as Chief Technology Officer

Retrieved on: 
Tuesday, September 21, 2021
Technology, CTO, Merrill, Harvard University, NASDAQ, Information system, The Harris Poll, WPP, Marketing, Environment, CEO, University, Company, Mark Penn, Information management, Raman, Science, Creativity, PSB, SVP, Management

NEW YORK, Sept. 21, 2021 /PRNewswire/ --(NASDAQ:STGW): Stagwell announced today it has named Merrill Raman as Global Chief Technology Officer (CTO) reporting to Chief Operating Officer Ryan Greene, effective immediately.

Key Points: 
  • NEW YORK, Sept. 21, 2021 /PRNewswire/ --(NASDAQ:STGW): Stagwell announced today it has named Merrill Raman as Global Chief Technology Officer (CTO) reporting to Chief Operating Officer Ryan Greene, effective immediately.
  • Raman brings over 20 years of experience in technology operations to role, including prior stints at the Chief Information Officer and SVP level in technology, marketing, communications, and research services.
  • Most recently, Raman served as Chief Information Officer of The Harris Poll and as Managing Director of Data for The Stagwell Group.
  • At the Harris Poll, he was instrumental in architecting a technology framework for collaboration and the network-wide democratization of data.

Premium Service Brands Adds Tile Cleaning Franchise The Grout Medic To Thriving Portfolio

Retrieved on: 
Friday, September 17, 2021
Program, Multimedia, Virtue, Marketing, Home, CEO, Maid, Multi, Technology, View, PSB, VP, Distribution (marketing)

CHARLOTTESVILLE, Va., Sept. 17, 2021 /PRNewswire/ -- Multi-brand franchisor Premium Service Brands has added yet another high-value franchise to its thriving network of home service brands.

Key Points: 
  • CHARLOTTESVILLE, Va., Sept. 17, 2021 /PRNewswire/ -- Multi-brand franchisor Premium Service Brands has added yet another high-value franchise to its thriving network of home service brands.
  • Multi-brand franchisor Premium Service Brands adds another high-value franchise to its network of home service brands.
  • "The Grout Medic is a multi-decade proven home-services provider with talented and ambitious franchisees nationwide," said JC Timmons, The Grout Medic's current CEO, will remain on the team to assist with the transition of The Grout Medic to Premium Service Brands.
  • As part of Premium Service Brands' multi-brand roster, The Grout Medic franchisees will have a built-in network of potential customers and referrals.

Mortgage Lenders Less Bearish on Profit Margins, Expect Improved Refi Volumes

Retrieved on: 
Thursday, September 9, 2021

WASHINGTON, Sept. 9, 2021 /PRNewswire/ --For the fourth consecutive quarter, a plurality of mortgage lenders expect near-term profitability to decrease, according to Fannie Mae's (OTCQB: FNMA) Q3 2021 Mortgage Lender Sentiment Survey (MLSS).

Key Points: 
  • WASHINGTON, Sept. 9, 2021 /PRNewswire/ --For the fourth consecutive quarter, a plurality of mortgage lenders expect near-term profitability to decrease, according to Fannie Mae's (OTCQB: FNMA) Q3 2021 Mortgage Lender Sentiment Survey (MLSS).
  • Additionally, across all loan types, more lenders this quarter reported reduced consumer demand over the previous three months for purchase mortgages but improved demand for refinance mortgages.
  • Meanwhile, a plurality of mortgage lenders expects refinance activity to continue to wane from the highs of the past year and a half even so, their outlook on likely refi volumes was improved compared to the prior quarter.
  • "On net, mortgage lenders' profitability outlook improved slightly from last quarter, although more lenders than not continue to expect profit margins to decline in the months ahead," Palim continued.

HPSI Flat, But Consumers Slightly More Optimistic About Homebuying Conditions for First Time Since March

Retrieved on: 
Tuesday, September 7, 2021

Fannie Mae's Home Purchase Sentiment Index (HPSI) decreased in August by 0.1 points to 75.7.The HPSI is down 1.8 points compared to the same time last year.

Key Points: 
  • Fannie Mae's Home Purchase Sentiment Index (HPSI) decreased in August by 0.1 points to 75.7.The HPSI is down 1.8 points compared to the same time last year.
  • The Home Purchase Sentiment Index (HPSI) distills information about consumers' home purchase sentiment from Fannie Mae's National Housing Survey (NHS) into a single number.
  • The HPSI reflects consumers' current views and forward-looking expectations of housing market conditions and complements existing data sources to inform housing-related analysis and decision making.
  • We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk.

Major new study reveals that half of all people fear the internet and smartphones are damaging wellbeing

Retrieved on: 
Tuesday, September 7, 2021

According to a major new survey[1]from Saudi-based cultural institute, Ithra , almost half (44%) of all people are worried about the impact of internet and smartphone use on their health.

Key Points: 
  • According to a major new survey[1]from Saudi-based cultural institute, Ithra , almost half (44%) of all people are worried about the impact of internet and smartphone use on their health.
  • At an event to launch their digital wellbeing program - Sync, Ithra announced plans for an annual global summit, to take place in December.
  • Unfortunately, our research shows that half of all people believe over-reliance on these platforms is damaging their wellbeing.
  • Parenting is also affected, with 44% of people with children admitting to letting them use a computer or smartphone unsupervised.

Major new study reveals that half of all people fear the internet and smartphones are damaging wellbeing

Retrieved on: 
Tuesday, September 7, 2021

According to a major new survey[1]from Saudi-based cultural institute, Ithra , almost half (44%) of all people are worried about the impact of internet and smartphone use on their health.

Key Points: 
  • According to a major new survey[1]from Saudi-based cultural institute, Ithra , almost half (44%) of all people are worried about the impact of internet and smartphone use on their health.
  • At an event to launch their digital wellbeing program - Sync, Ithra announced plans for an annual global summit, to take place in December.
  • Unfortunately, our research shows that half of all people believe over-reliance on these platforms is damaging their wellbeing.
  • Parenting is also affected, with 44% of people with children admitting to letting them use a computer or smartphone unsupervised.