Archives for September 2012

More Americans Say: ‘No Voicemail, Text Me’

iphone textThe number of people who are leaving voicemail messages on phones is down 8 percent in July compared to a year ago, reports Vonage, an Internet phone company.

The finding affirms a behavioral shift that has been taking shape: Fewer people are showing a preference for voicemail and opting for text to send and retrieve their messages.

More people say "they hate the whole voicemail introduction, prompts, having to listen to them in chronological order," says Michael Tempora, Vonage’s senior vice president of product management.

In an effort to try to save voicemail, some companies are rolling out new voicemail transcription services, which convert voicemails to text that are then sent either via e-mail or text messages.

A USA Today article notes that “as with most declining technology, the exodus [of voicemail] is led by younger, more impatient users who are quicker to embrace alternatives.” Also, more people are turning to texting apps to add to their phones like WhatsApp and Google Voice, which allow a way around extra charges by their wireless carrier for sending and receiving texts too.

Source: “Voice Mail in Decline with Rise of Text, Loss of Patience,” USA Today (Sept. 3, 2012)

How Is National Mortgage Settlement $ Being Spent?

Settlement

source

Medical Debt Bill Could Aid Real Estate

medical-real-estateThe Medical Debt Responsibility Act — which would require medical collections to be scrubbed from consumer credit reports within 45 days of payment — could bolster the housing market if passed, given that some consumers have been unable to obtain home loans because their credit scores have suffered due to problems with medical debts even after they have been paid.  The Mortgage Bankers Association is among the trade groups that signed a letter in support of the legislation.

Source: "Medical Debt Responsibility Act Enters Critical Phase," National Mortgage Professional (09/04/12)

(c) Copyright 2012 Information Inc.

One day on Twitter [infographic]

one day on Twitter

VIA

3 Wondrously Wood-Loving Modern Structures

woodThese three projects — a house, a yoga studio and a workshop in a garden — have one important material in common: wood. Each space derives its character from wood, and in the process the three projects share commonalities that go beyond the way the spaces are aligned with wood.

The material choice seems to be derived from the location, something each designer takes advantage of. Inside and outside are strongly linked in each case, a result of wooded sites and the decision to build with wood.

Where Foreclosures Are Still the Biggest Problem

ForeclosureSignThe states with the highest percentages of foreclosures are seeing a drop, but distressed sales still remain high. Georgia and Nevada had the biggest bulk of foreclosure sales in the second quarter, RealtyTrac reports.

The greater Seattle area, while having some inventory sold at auction, the percentage of the volume relative to new construction and resale, is relatively small.

The states with the highest percentage of foreclosure sales in the second quarter — in which foreclosure-related sales account for at least one in five sales — were:

  • Georgia: 43 percent of all residential sales
  • Nevada: 43 percent
  • California: 40 percent
  • Michigan: 35 percent
  • Arizona: 33 percent
  • Illinois: 27 percent
  • New Hampshire: 24 percent
  • Colorado: 22 percent
  • Wisconsin: 22 percent
  • Minnesota: 22 percent
  • Oregon: 21 percent
  • Florida: 21 percent

When broken down by city, California metros occupied seven of the top 10 spots for the highest percentage of foreclosure-related sales. Modesto, Calif., had the highest percentage of any metro area in the country, with 57 percent of all residential sales being foreclosures. Other California metro areas with a high percentage of foreclosure sales included: Stockton (54 percent); Riverside-San Bernardino-Ontario (47 percent), Bakersfield (46 percent), Sacramento (45 percent), Fresno (44 percent), and Oxnard-Thousand Oaks-Ventura (39 percent).

Source: RealtyTrac

The Value of Video [infographic]

the-value-of-video

Architectural Oddities Throw Home Design a Curveball

cool_houseAmong the hundreds of thousands of home photos on Houzz, most fall into a few broad stylistic categories. Designs rooted in traditional styles tend to predominate, and modern houses get their fair share, even though the two camps can rarely agree. Even in the eclectic category, many of the buildings are still very similar to traditional or modern/contemporary houses, with slight idiosyncrasies.

But what about the truly odd? Showing some of these houses was my goal in this ideabook, and thankfully, I’ve found a few.

How to Turn Your Basement Into an Office

home_officeIf you want to put a new office into your home, you may not need to look any farther than the basement. A lower level can be the ideal spot for a home office, since it can offer the necessary quiet and separation from the rest of the home.

Could your basement be a great home office? Consider some tips from design professionals.