The Mercatus Center’s Anthony B. Sanders examines the latest data from three home price indices on his Confounded Interest blog this morning:
FNC’s latest Residential Price Index™ (RPI), released Wednesday, indicates that U.S. home prices continued to decline despite recent signs of job recovery, rising home sales, and new residential construction. The continued price retreat is no surprise as the housing market remains constrained by high volumes of delinquent mortgages and foreclosures. November marks the fourth consecutive month-to-month declines in residential property value. Modest downward pressure on home prices remains as banks… Continue reading
Since digital tablets have become more and more popular, Apple has introduced iBooks 2, which will allow digital versions of textbooks to be available on the iPad.
It looks as if Apple has decided to use publishers Pearson and McGraw-Hill, whom Apple says account for 90 percent of all textbook sales.
The e-textbooks revealed by Apple will have embedded video, interactive pictures, and features for creating flashcards… Continue reading
In a report released by Neilsen based on data collected during September 2011, it looks as if Microsoft and Amazon.com are the internet’s most popular electronics websites.
A majority of consumers are visiting Apple, Adobe, Mozilla and CNET regularly, as well.
During the month of September 2011, 94 million unique visitors spent time on Microsoft websites. This comes out to the average consumer spending… Continue reading
New Year’s is the season for resolutions but also predictions, so in Monday’s Morning View broadcast, FNC’s Bill Rayburn and Bob Dorsey shared with us some of what they see in their crystal balls for the year ahead in terms of the overall economy, the housing market specifically, Fannie and Freddie’s future (or the lack thereof), HARP, and even what they expect to happen politically in this election year… Continue reading
Confidently predicting the direction the economy will take in 2012 is about as likely as predicting who the Republican nominee for president will be. 2011 was an abysmal year in many market segments, and though recent news in unemployment seems to point to the beginnings of a recovery, no absolute statement of victory is yet possible. A poll of economists reported in CNNMoney recently (Economists a bit more optimistic)… Continue reading
Did you make a New Year’s resolution to stay in shape for 2012? If so, GymPact is a new incentive-based smartphone app that may get you off your couch and into the gym on a regular basis.
How does it work? You download the app to your smartphone and then you make a promise to the service (by adding your credit card information) that you will head to the… Continue reading
As the holidays draw near, we celebrate two of the real joys of the season ~ giving and gratitude.
In support of homeowners nationwide, FNC is delighted to give to Habitat for Humanity in the name of our clients for whom we are truly grateful.
May your own homes be blessed with warmth and prosperity now and throughout the New Year.
Happy Holidays from all your… Continue reading
As this year reaches an end, there are definite signs in news reports that the housing market may actually be turning around. In an article this week titled “Home sales hint at recovery after deep slump,” Reuters reported signs of improvement, quote: “The National Association of Realtors said on Wednesday that sales of previously owned homes increased 4 percent from October to an annual rate of 4.42 million units.”… Continue reading
Almost without exception, individual markets tracked by the FNC 30-MSA composite index declined in October.
FNC’s latest Residential Price Index™ (RPI), released Wednesday, indicates that October U.S. home prices continued to weaken at a modest pace despite recent positive home-sales data. The trend is a reminder that the housing market remains constrained… Continue reading
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