State of the Nation’s Housing, Mac News, & Crime Doesn’t Pay

Harvard’s Joint Center for Housing Studies released it’s annual report on the State of the Nation’s Housing. Things are generally on the upswing, though foreclosure and falling house prices continue to impact many markets.

This week Apple announced updates to its laptop line along with new features coming soon in iOS 6. Goodbye 17-inch MacBook Pro, hello Retina display. Slate views the announced new MacBook Pro as the end of the line for what we know as a laptop.

HGTV’s House Hunters: Not as real as expected…

Domain names, the -.com, -.net, -.org cabooses to website addresses, are about to expand dramatically. The international organization that governs such things has been preparing for years to allow almost any suffix you can imagine. Applications have been coming in for everything from -.netflix to -.HBO as firms try to distinguish their brands at the URL level. Where it gets interesting is when multiple parties submit for the same domain. So far there have been 231 domains where two or more groups have registered applications, including -.web and -.sport. Competing claims are explored, parties can negotiate amongst themselves, but in the end if there are still multiple bidders, the domain will go up for auction. And just so you know, the National Association of REALTORS put in an application for -.REALTOR. Look for new domains to start to appear by the end of next year. See the complete list of requested domains here.

Does democracy mean a shared national Twitter account? Sweden thinks so. And as a post-script, controversy erupts just after this story was released.

Brazil is saving the real estate industry in Florida. Buyers from Brazil are ready to splurge in South Florida, buying up million-dollar properties for cash.  Drawn by the favorable dollar exchange rate, Brazilians are buying expensive property in a stable, beautiful vacation area.

Thinking of moonlighting as a bank robber to supplement your real estate income? Think again. A new study shows that crime really doesn’t pay. The average take per bank robbery is so low that it would take several heists per year to make it financially worthwhile. However with a third of all robberies thwarted and the capture rate of successful bank robbers at 20 percent, committing enough robberies to make it worthwhile will more than likely end in jail time.

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Homesteading on Mars, IL agents scramble for class hours, and former careers of REALTORS

Interested in colonizing the moon or other planets? One big hurdle to overcome (and there are lots of course): no private property. Several international treaties on space and the moon prohibit sovereignty claims and private property. But if we want to jumpstart colonization and exploration, some scientists are suggesting these treaties be scrapped or wiggled around.

The census released a study recently that shows the economic recession and high gas prices continue to impact the farthest ex-urban regions of metro areas. Population growth for counties on the fringes of metropolitan regions has collapsed while closer in counties continue to see growth. USA Today has great sliding tool to compare 2006 data with 2011. One big growth area that stands out: the oil boomtowns of northwest North Dakota.

April 30 is the deadline for Illinois salespersons to upgrade their license to the new minimum standard of broker. The state gave salespersons two years to get the training to upgrade, but as of March 30, only 35% of agents have transitioned to broker.

A new Super-PAC is born: Friends of Traditional Banking to make an impact on the American legislative and regulatory process. How will this PAC effect real estate finance and lending? Only time will tell.

What is the perfect career for an ex-rapper, hand model or actress?  Real estate of course.  The New York Times profiles 3 brokers who have made the transition from entertainment to real estate.

Gone are the glory days when only PCs had to worry about viruses. Macs have gotten popular enough that ne’er-do-wells are targeting them for mischief. The latest virus is called Flashback and targets a vulnerability in Java. With a slow release of a patch from Apple, an estimated 1 million or more Macs might have been infected. Check to see if yours is with this simple guide from Wired.

The Dept. of Justice is suing Apple and several publishers in an eBook antitrust case. The big winner? Amazon.

The 100th anniversary of the Titanic sinking is approaching. The New York Times explains how high tides and optical illusions could have contributed to the disaster.

As librarians, we watch for updates to the banned books lists. The ALA recently noted that the Hunger Games trilogy has cracked the top 10 list of most challenged books, though it appears that some of the complaints are more directed at the movie than the books themselves…I’m not sure how any of these books are anti-family, satanic, or anti-ethnic, but there you go.

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Housing inventory, Facebook’s IPO, and Pinterest for business

Mixed messages: According to various measures (including ours), existing housing inventory continues to decline. December 2012 figures are close to where they were in 2005 before the slump took hold. While no one is predicting a massive expansion, maybe we can hope for a return to more historical averages. While this sounds like good news finally, an article in Time by our own Katie Tarbox warns that shadow inventory could hold down housing values for several more years.

The search engine Wolfram Alpha has mostly gathered its following from math geeks. But did you know it’s also the source of many iPhone Siri answers? A new pay version launched this week that handles graphics and images.

You might have heard that Facebook has filed an IPO. Once it starts trading, Facebook will unleash a new horde of multimillionaires on Silicon Valley thanks to employee stock options. Can the area absorb that much cash? Where are they going to live? If you thought homes in the valley were expensive before, just wait…

The latest darling in Social Media sites, Pinterest, may be just the thing your business is looking for.

Anyone experience the fail whale on Twitter during the Super Bowl? At the end of the game, over 12,000 tweets being fired off per second, only outpacing the flying fingers during Madonna’s halftime show (10,245 tweets per second). Amazingly that’s not even the record, set during a screening of a movie on Japanese TV last year – 25,000 tweets per second!

Walmart is repositioning its greeters just as millions of Boomers are realizing they didn’t save enough for retirement. No one is getting laid off (yet), but greeters are now going to be assigned more tasks within the store while still offering customers a warm hello.

After witnessing Apple’s success, Amazon reportedly is opening a retail store in Seattle.

Time looks at some humorous (ok, weird) apps for Valentine’s Day.

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Declining segregation, green remodeling, where to post what, and the rise of the singletons

Using US Census data, researchers at the Manhattan Institute for Policy Research have published a report on the continued decline in segregation in American cities. Once interesting point for REALTORS: the authors suggest that the extension of mortgage credit was a prime factor in encouraging suburban integration; the list of cities with the largest declines in segregation since 2000 includes several caught up in the subprime housing bubble during the same period.

What’s old is new again, or better than new at least. A report concludes that constructing new, energy-efficient buildings almost never saves as much energy as renovating old ones.

So you’re on Facebook, LinkedIn, Twitter…what goes where? Can you just use the same stuff for each? Some networks make cross promotion easy. Link your accounts and -bam!- social media done! Or is it? Does the funny quip on twitter translate well into Facebook? The Washington Post asks some experts to explain what post should go to which social network.

Americans are now within mere percentage points of being a majority single nation:

Only 51% of adults today are married, according to census data. And 28% of all households now consist of just one person — the highest level in U.S. history. That second statistic may appear less dramatic than the first, but it’s actually changing much faster: The percentage of Americans living by themselves has doubled since 1960.

Not only are we moving towards single living, but some see us becoming a nation of renters. I’m not sure I buy that. See previous coverage here.

Smartphones accounted for more than a quarter of all photos shot in 2011, according to research from NPD. What improvements are on the horizon? CNN forecasts where smartphone cameras are headed.

We’re inundated with smart phone apps. How to know which ones are worthwhile? CNN presents its annual 50 tech tools you should know about.

Some of those apps are great for price-comparison shopping. And it sounds like some people might need it, as the Wall Street Journal discusses (and Time recaps if the link goes behind the paywall)  this week in its coverage of how some store brands have become more expensive than comparable name-brand items.

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The turkey may cost more, but Black Friday sales start at midnight (or earlier)

According to the Pew Research Center, older Americans are 47 times wealthier than young. Read the report for stunning figures, graphs, and statistics. With student loan debts reaching all-time highs coupled with a grim job market, one has to wonder how this all will impact real estate. Hopefully Obama’s recent executive orders will ease the burden on this population.

The cost for a classic Thanksgiving dinner including turkey, stuffing, cranberries, pumpkin pie and all the basic trimmings increased about 13 percent this year, according to the American Farm Bureau Federation.

Holiday creep: Walmart is joining the growing list of retailers starting Black Friday on Thanksgiving night. Wipe that pumpkin pie off your face, re-button your pants, and join the the hordes. And just in time: What’s on sale in November? TVs and DVDs, halloween costumes, outdoor furniture, and seasonal items like apples, potatoes and turkey.

Every year, Remodeling magazine looks at the hottest home upgrades and renovations and calculates just how much owners get back with they sell. Here are the 6 projects with the lowest return to owners.

Just when you’ve decided the Amazon’s Kindle Fire is the eBook Reader/Tablet for you, along comes a new Nook Tablet from Barnes & Noble. Grr! Time also does a comparison of the two new gadgets.

Is the iPhone safer from hackers than Android? Pretty much.

The risk of identity theft looms large in today’s ever more digital world. MSN Money details which documents you should shred. Yahoo! Finance also maps out safe debit card use guidelines.

A round of deep thanks to all the members of our armed forces, both past and present, on this Veterans Day!

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The President’s latest housing program, creative open houses, and murphy beds ?!

Researchers have found that relocating people out of poor neighborhoods can be as effective as drugs in reducing their chances of becoming overweight and developing diabetes.

The federal government’s expansion of a mortgage refinancing program could reduce the monthly payments of up to one million homeowners, but analysts said the modest scope of the plan means it will probably do little to heal the housing market or help the broader economy.

Competition for qualified buyers is fierce. So agents are staging mini-circuses, serving free drinks, offering massages and raffling off Botox treatments to draw guests to open houses. Are you employing new, creative means to get clients to open houses?

There are apps for everything these days. The latest trend is apps that let you rent out your stuff – bikes, cars, rooms and even (yuck) your toilet.

We here in Information Central we always enjoy a good research report. The New York Times summarizes the Congressional Budget Office’s October 2011 report Trends in the Distribution of Household Income Between 1979 and 2007.

If you thought the much-mocked murphy bed went away sometime around the end of “I Love Lucy”, think again. The Wall Street Journal reports on a resurgence of interest in this space saver.

Did you know that the punctuation mark expressing surprise and shock “?!” has a name? It’s called the Interrobang (what a bad name) and was coined in the early 1960s. For a while it was so popular that Remington typewriters came with it. The New Yorker revisits the interrobang and provides a link to a quiz on other less well-known punctuation marks.

Halloween is just around the corner, which means soon the streets will be filled with costumed kids looking for treats, and teenagers looking to deal out a few tricks. If you’d like to spare your home the wrath of teenage pranksters this Halloween, or just keep your property vandal-free all year long, follow these important to tips.

And finally, a bit of library humor (yes, there is such a thing) from the classic British comedy The Two Ronnies. If the youtube video doesn’t display below, here’s a link.

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Housing & the recovery, tweeting, and real estate advice from Vanilla Ice

The collapse in housing construction was caused by overactive building, right? Only partly. While single-family construction soared during the boom, multi-family construction remained relatively stable before falling even further with the downturn. The Atlantic looks at current household formation statistics, population growth, and construction data and postulates that a housing construction boom may just be around the corner.

NPR posts three interactive maps on foreclosure, unemployment and household income using current data that can be drilled down to the county level. And on Friday, NPR’s Morning Edition ran an interesting piece on shadow inventory, foreclosed properties or properties in the foreclosure pipeline that will further impact the recovery for several years.

Post tweets with hot hash tags and you might find yourself being followed by twitter bots, programs that automatically follow real users based on keywords. Wired discusses what to do if you’re followed by bots (hint: don’t follow back).

The family that tweets together, goes a bit bonkers together. Says the son: “I try to refrain from reading [mom's] blog because then we don’t have anything to talk about.”

Libraries are getting short-changed in the Great Recession. While it’s easy to cut their funding, libraries serve a valuable role in connecting people to jobs, improving schools and helping to build community. Support your local library!

If you can stand all the pop-up ads, Time has an interesting collection of photos from a behind-the-scenes book on the filming of Jaws.

Just in time for the summer music festival season: a shirt that charges your mobile phone based on sound.

Where do turn for advice on your remodel? How about real estate investing rock star style? Well, look no further than the one and only Vanilla Ice. Yeah, him. Pop yer collar and make ‘em holla!

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Money Magazine asks: Should you give your kid a down payment? My parents helped me get over that initial hurdle (thanks Mom & Dad!), but you need to look at your financial situation and see what the best method might be: a gift, a loan, co-signing or something else.

The  spread between the cost of buying a foreclosed vs. a non-foreclosed home continues to grow.

The Washington Post‘s tech blog reports on the first rumors of what to look for on Apple’s iPad 2.0, due in mid-2011.

Google launches its eBook store. Amazon counters with its Kindle for Web. CNN spells out some of the differences between Google’s new store and its competitors. Salon also reviews, says ‘meh’…

“Millionaire” is so passe… What’s rich in 2011?

In this economy, we’re seeing lots of stories about the return to multi-generational living, but what happens when there is no family to go home to? The Chicago Tribune recently noted the rise in homeowners renting out rooms to boarders.

As we’ve reported before, sloppy work and robo-signing by banks or mortgage brokers can drag out the foreclosure process. But how about 25 years?!

Twelve quick things you can do right now to give yourself a health boost. I would like #12 about now…

And what we’re watching:  Health vs Wealth in 200 Countries, 200 Years, 4 Minutes from BBC via YouTube.

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Nearly 300 REALTORS® gathered at New Orleans’ Morial Convention Center this morning for an informative overview of new technologies and how to effectively use them in the real estate business.  The three presenters included Mike Barnett of Panorama Properties, Inc.; Jerry Rossi of ROSSI Speaks; and Ken Baris of Jordan Baris, Inc. REALTORS®.  Some of the key points attendees took away included insights into how technology is changing both society and the real estate business and how to harness technology to change your own business.

People go everywhere to shop for homes, Mike Barnett said at the beginning of the session.  Realtor.com, Yahoo Real Estate, Google, YouTube… — consumers don’t confine their search to just one source, but go to any number of sources both online and off to do their research.  Syndication is the key to making sure your virtual tours and other marketing videos reach as many consumers as possible.  Ken Baris’s firm posts virtual tours on YouTube, in part to increase their audience, but also because the site provides easy to use, real-time data showing how often each virtual tour has been viewed.  One hundred percent of purchases are emotional, Jerry Rossi said later in the program.  The key to making your own videos successful is to find a way to put some emotion into each one.

Analytics is changing the way people do business, Baris said, and his company takes full advantage of numbers to attract customers and top-performing agents.  By breaking down his market into neighborhoods and school districts, Baris is able to create hyperlocal data that helps his agents “unlock the value” of a home and allows them to focus their marketing efforts on specific neighborhoods and types of homes.  He can also use that data to see how well his agents negotiate and assess their performance in particular neighborhoods.  By making the hyperlocal market data accessible on mobile devices, Baris’s agents have instant access to real-time numbers whenever they or their clients want them.  

“Data is the new oil,” Rossi added.  Real estate professionals need to understand that consumers look for properties first, and agents second.  What do you really know about your market?, he asked the audience.  Hyperlocal data can help real estate professionals “take off their information booth hats” and become trusted advisors instead.

The program touched on a number of other topics, including converting your traditional website to a blog format, QR codes, cloud computing, and gaming.  Receive the session outline, with links, statistics and other useful resources, by texting “rossi” to 82257, or download it here.

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Some of the items that caught the attention of NAR Information Central’s staff this week:

The iPad may not be the magical device that Apple claims it is, but sales aren’t slowing down. However with the new high-resolution screen on the iPhone 4, at least one Gizmodo writer is ditching his iPad for the convenience and functionality of the smaller device.

The apartment market often follows the broader economy, but lately things have been turning up even though unemployment remains high. Experts aren’t quite sure why vacancies are trending down but theorize it could be due to renters feeling a bit more sure of their own situation, parents willing to co-sign for their children just to get them out of the house, or continued general skittishness over housing.

Facebook is the dominant social media channel today, but one real estate agent learned the hard way that putting all your eggs in one basket can be risky when Facebook disabled his primary marketing vehicle for several days.

MarketWatch recently gave advice on how to get through a home loan modification. Their advice? Don’t let your feelings get in the way, bBe rational, ask for names and contact information, and do not hesitate to call the banks repeatedly to talk to someone.

Is the Internet making us smarter or dumber? Nicholas Carr discusses this issue in The Shallows: What the Internet is Doing to Our Brain. Do we still have the patience and attention span to read an entire book or are we only able to jump from one hyperlink to another, never stopping to think deeply? Along with the impact of the Internet, Carr writes about the history of reading and writing, the decline of print, the history of the book, losing the need for memorization because we have the “outboard brain” of the computer that can retrieve any fact in an instant and much more.

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