Weekly Roundup


Latest forecast on the revenue from magazine print advertisements (via Advertising Age):

Print ad spending in U.S. consumer magazines is set to decline again in 2010, 2011 and 2012 before finally rebounding in 2013 and 2014, according to the outlook, which was released today.

The rise of the supercomputer (via Gizmodo):

A computer that can have a conversation with you in real, human language is a hallmark of science fiction films, but has always seemed ludicrously unrealistic. Here's the thing: IBM just built one.

Richard MacManus predicts the peak of the social media era by 2012 (via Read Write Web):

Social media is going to rule the Web until at least 2012 - according to a post by Justin Kistner, a Social Evangelist at web analytics company Webtrends. Kistner also claims that Facebook has become the king of social media. In a panel at a Portland event today called Lunch 2.0, Kistner said that the current era of the Web 'is Facebook's game to lose.'”

Brian Boero's thoughts on the new Realtor.com beta site (via 1000Watt):

The site now features recent solds from nearly 50 MLSs (that number will surely grow soon, public record data fills the gaps in the meantime). Sales histories, tax histories, neighborhood data, school data and oodles of data points also hang off every listing. This great for end users, but there will are some in the industry who will think participating MLSs crossed the line by feeding this data to a public site. I happen to disagree with that perspective, but this is going to raise a few hackles.

Upsetting report about the Home Affordable Mortgage Program (via Agent Genius):

“According to CNN, the Fitch report points to HAMP’s failure being that most applicants struggle with all of their debts, not just mortgage, and borrower behavior continues regardless of help. The report notes that 'on average, HAMP-modified borrowers have 64% of their monthly pretax income spent before they even buy a quart of milk.'”

Educating home buyers through HOW (Home Ownership Workshop) (via Transparent Real Estate):

Real Estate and Lending industry has always been ridiculed for not doing enough towards educating the home buyers. In fact a lot of blame for the mortgage meltdown was placed on the fact that the buyers were not made aware of 'what they were getting into.' Now real estate professionals across 15 states have come together to put Home Ownership Workshops.”

Image Credit: Jon S on Flickr.com