Mortgage rates are dropping still. According to Freddie Mac average 30 year loan interest is 3.75%. The 15 year loan interest is now 2.97%. Overall, it’s been a pretty great week for buyers and lenders.
Happy Friday! Trulia took an interesting survey about housing, relationships and happiness. 43% of people surveyed do not think that owning a home means a person is serious about a long-term committed relationship. Home ownership can be a goal for everyone, not just those who are married or coupled.
The Chicago market overview from April 2011-2012 has given generally positive information including:
It looks like the market is continuing to improve. Happy Monday!
How far has social media gone? This chart illustrates how popular social media has become. With Facebook going public this week and projected to reach 1 billion users this summer, social media interest and engagement continues. Advertisement revenue via social media are estimated to reach 9.8 billion by 2016.
Facebook was uncool the moment you’re Mom joined. Now what?
What is the future of social networking sites? Are they simple fads that people, especially Millennials, cling to for digital method of self-expression? Facebook even has parodies. Failbook is a humorous website dedicated to posting embarrassing Facebook mishaps.
Is Facebook experiencing the final flush of it’s fifteen minutes of fame? It can be addiction. Whenever a friend deactivates their page, I’m floored. What does one do without Facebook?
An active MySpace profile incites laughter. Will Facebook be similarly ridiculed in five years? Has Facebook become a Red Giant? Will it eventually explode, scattering bits and pieces of social media all across the internet? Is Facebook a sustainable social network? These questions needed to be asked.
The most recent trend is bundling. Social networks are bundled together, most companies have at least a Facebook, Twitter and blog. Even Failbook.
Mark Zuckerberg is currently touring to drum up interest in Facebook going public. There are currently over 900 million users.