https://www.bestdigitalmate.com/craigslist-vt/ July shows home sales skyrocketing to a two year high. Could this be the beginning of the housing recovery? The $8000 Tax Credit has had a huge impact on home sales. The National Association Of Realtors estimates that over two million new home buyers will take advantage of the First Time Home Buyers Tax Credit. Many of these first time buyers would not have decided to purchase this year but did not want to miss out on the $8000. The program ends on December 1st. This means that you have to actually close on your home by December 1st. To close you must have a contract thirty to forty five days out. There is still plenty of time to find a home, negotiate the contract and close by December 1st. But don’t wait to long. Some believe that the government will extend the government program but at this time no one knows.
The NAR calculates that home sales rose 3.2 percent in July 2009.This is the the highest rise since June of 2007. A sign that the bottom has been hit and on the upturn. Also a sign that the program or a similar program needs to be implemented or there may be a sharp decline in home sale during the first quarter of 2010.
Some of the good news of increase home sales was the fact that mortgage defaults and late payments continue to rise across the country. The FDIC states there insured banks bought back $1.9 billion in defaulted mortgages during April, May and June of this year. This is a decrease from last year so there is a bright spot. Company downsizing and layoffs is fueling the late payments and defaults. The risks of default on home mortgages will stay on the front burner as long as unemployment and layoffs continue. As the economy continues to right itself and companies begin to hire again, this will slow.
The mortgage defaults and the recovery are both broad based throughout the country. The Tax Credit has added to the fact that housing affordability is at record highs.
Patents: A Tool for Technological Intelligence
https://thetimebusiness.com/technology/look-wellsaid-vocalid-aihao-mit-technologyreview/ Patents are the largest source of technological information. Patent are given to the inventor as a reward for its innovation in the form of the exclusive right of the monopoly for a period of 20 years from the priority date of the invention. Due to advancement in the IT sector and internet, now these valuable documents are in the reach of the general public. Any person skilled in the art can go through various patent databases and after a search can get the patent document of their need. There are different patent databases viz, USPTO, EPO, JPO, etc freely open for the public access. If we go through the patents related to a specific technological area, we will be able to find the lots of information about the life cycle of the technological innovation viz.,
o evolutionary path of a specific technology,
o technological development,
o technological diversification,
o technology merges,
o major players in specific technological area,
o key points of the specific technology,
“The World Intellectual Property Organisation (WIPO) revealed that 90% to 95% of all the world’s inventions can be found in patented documents.”
Patent analysis can reveals very valuable informations, which is not available anywhere. After patent search the crucial part is the patent analysis, and one have to be very concise about their objective of the study. The information in the patent documents can be utilized in different form according to the need and mapped accordingly to get the picture of the entire analysis in snapshots.