The Pending Home Sales Index,* a forward-looking indicator based on contract signings, slid 3.7 percent to 110.8 in May from a downwardly revised 115.0 in April and is now slightly lower (0.2 percent) than May 2015 (111.0). With last month’s decline, the index reading is still the third highest in the past year, but declined year-over-year for the first time since August 2014.
Several years ago, Google engineers figured out a way to stitch together satellite imagery to remove clouds, giving Google Earth and Google Maps users a better and more comprehensive view of the ground below. Today, the company has repeated the process, but this time with newer, crisper imagery from NASA and the U.S. Geological Survey’s (USGS) Landsat 8 satellite.
ProGlove develops smart gloves that enable manufacturing and logistics staff to work faster, safer and easier. Process steps can be documented handsfree and the smart glove gives instant feedback to its user.
Instead of glamorous travel photos, Raucher's thoughtful subway images give viewers a glimpse of what every day life in like in these metropolitan areas: what people are wearing, how they're interacting, and, of course, what the interiors of the public transit systems look like across the world.
Home prices continue to increase nationwide, even hitting new highs in several large housing markets in April, according to S&P Dow Jones Indices Case-Shiller Home Prices Indices released today.
Home prices increased 5% in April, down from an increase of 5.1% the month before. The 10-city composite increased by 4.7%, a decrease from March’s 4.8% gain and the 20-city composite increased by 5.4%, down from an increase of 5.5% the month before.
We’ve all met someone at a party or meetup and forgotten their name just minutes after shaking their hand and making an introduction. It’s difficult to remember the names and faces of everyone you meet, but what if the wearable technology you have on you can help you out with that?
Previously, the fed had predicted that it would be raising rates possibly even as soon as July, however that may not be an option anymore. In fact, before the Brexit decision, Janet Yellen, chair of the Board of Governors, indicated that a rate hike was not out of the question, and may still be on the horizon.
n its equity report for the first quarter of 2016, CoreLogic said that 92 percent of mortgaged homes in the United States—46.7 million—were worth more than the amount left on the loan. A total of 268,000 properties that had negative equity during the first quarter of 2015 had regained equity at the beginning of this year.
Google Fiber is one of the most ambitious projects in Alphabet (the holding company that contains Google and several other businesses). It is aiming to provide much faster internet access than the cable and telco providers in the US today.
The Illinois housing market was in full bloom in May with more homes selling than last year at this time and at a higher average state median price. In May, statewide home sales totaled 16,150 units sold, a 6.0 percent increase from May 2015. The statewide median price was $194,000, up 7.2 percent from a year ago.
Foreclosure inventory now below 575,000 from over 800,000 just 12 months ago -- Foreclosure starts up from 10-year low in April, but at 62,100 remain below pre-crisis levels -- Prepayment speeds (historically a good indicator of refinance activity) continue to trail 2015 levels despite interest rates being lower than last year -- Delinquencies inched up in May; still down by over 13 percent on an annual basis
Redfin has added a new tool to its arsenal aimed at helping home buyers and renters assess a potential neighborhood. Opportunity Score is a rating that measures the number of jobs within a 30-minute, car-free commute from a given address.
Almost every object you encounter day-to-day has been designed to work with the human hand, so it's no wonder so much research is being conducted into tracking hand gestures to create more intuitive computer interfaces, such as Purdue University's DeepHand or the consumer product, Leap Motion. Now Microsoft has outlined some projects that deal with hand tracking, haptic feedback and gesture input.
Humans are terrible at understanding probability. The classic example is the coin-flip. If a tossed coin comes up tails 10 times in a row, most people will expect it to come up heads on the next flip. The reality, as we know if we think it through, is that the chance of either heads or tails is the same 50/50.
The U.S. Supreme Court announced Tuesday that it will hear arguments during its next term on whether the city of Miami can sue Bank of America and Wells Fargo for alleged predatory lending.
According to Reuters and ScotusBlog, the Supreme Court granted a writ of certiorari to the banks, meaning it will consider the city’s lawsuits against Bank of America and Wells Fargo during its next term, which begins in October and ends in June 2017.
This chart from Statista shows the problem Google would be trying to solve. Right now, Android is the most popular smartphone platform in the world by far, with more than 80% global market share. But Android handset makers and carriers often ship old versions of the platform, and seldom update already-shipped phones to the latest release, which means that only 25% of Android phones are on the latest version.
From a distance, the Beijing Greenland Center recently-completed by the Chicago office of Skidmore, Owings & Merrill (SOM) may look like any of the other rectangular skyscrapers that dot China's capital city. Look a little closer, however, and you'll see that the tower features an elegant trapezoidal glass facade that's claimed to improve its energy performance.
This concept extends far beyond Slack, however, and is really part of a broader trend in which apps largely exist outside of themselves. Slack buttons bring us a just little closer to a scenario where downloading apps becomes unnecessary, and your favorite services never take up a spot on your home screen or desktop.
In fact, stress tests on 33 banks showed that they could all withstand $526B in losses in the Fed's severely adverse scenario, which tests for a major global recession, a sharp rise in unemployment, heightened financial stress and negative Treasury yields
It kind of came from the same idea of why we even started Envoy," Gadea told Business Insider. "We noticed that people were building things in their own office and a lot of companies were just rebuilding the same thing ... the point of [our podcast] Office Hacks is to kind of highlight some of the fun, quirky things that people are doing in their office to make it more efficient but also make it more enjoyable."
Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, grew 1.8 percent to a seasonally adjusted annual rate of 5.53 million in May from a downwardly revised 5.43 million in April. With last month's gain, sales are now up 4.5 percent from May 2015 (5.29 million) and are at their highest annual pace since February 2007 (5.79 million).
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