Business Week posted a great article a couple of weeks ago stating that “It’s now a renter’s market”. According to the article many apartment buildings have been cutting great deals to retain current residents and attract new ones. In general trends in renting vs. buying are tightly related to the market. In the last six months high for-sale inventories, tax-credits, and lower prices, have created a Renter’s Market. (more…)
As the first quarter closed up last month and earnings and losses were announced this month, it is nice to reflect on some positive news coming out of the banking industry. Wells Fargo Bank announced record profit while simultaneously displacing Bank of America as the nation’s largest home lender.
According to Wells Fargo their safe mortgage practices have saved the company from experiencing the same foreclosure issues and profit losses their competitors are facing. (more…)
RealtyTrac, the ultimate go to source for Foreclosure information recently released their “U.S. Metro Foreclosure Market Data” for 1st Quarter of 2009. Not surprisingly, the top twenty five cities with the highest foreclosure rates are specific to four states. The states include Arizona, California, Florida and Nevada. The report also shows that total number of foreclosures in the U.S. are 803,489 in Q-1. See the whole list here…
Of interest to us here at Active Website and our four Enterprise Members in Colorado, is the news that Colorado is finally off the top ten list for highest foreclosure rates. RealtyTrac online is a great resource for tracking foreclosure rates across the states. (more…)
This should bring a smile to every female’s face…the ever popular shopping website Zappos.com has an interactive map where you can watch people shop for shoes!
That’s right- “You’re watching orders placed on the Zappos.com website, from all over the United States, coming in and being mapped to the location the order is being shipped to, in real time.” Check it out here Zappos Map. (more…)
Take a look at this awesome new technology-
This ‘SixthSense’ comes from Pranav Minstry of the Fluid Interfaces Group at the MIT Media Lab, and is undoubtedly the future of technology. In mass production it will cost the same as your cell phone today, yet offer a completely interactive world!
TED recently posted this talk from Pattie Maes & Pranav Mistry’s “Unveiling the ‘SixthSense,’ game changing wearable tech”. The product of discussions, the ”SixthSense is a wearable gestural interface that augments the physical world around us with digital information and lets us use natural hand gestures to interact with that information.”
Watch the demonstration:
How cool would it be to drive down a street where a home has a for sale sign, then walk up to that sign and get all the information about the house on the sign itself? Or in the palm of your hand. Agents would never have to worry about running out of fliers!
Visit SixthSense online.
