Case-Shiller Index: Home prices up 1.0% In June
Home prices in the Top 20 Metropolitan Areas rose 1.0% in June, according to the Standard & Poor’s Case-Shiller Index. This was the third consecutive monthly increase. The big winners were Minneapolis, Chicago, and Detroit with a 2.5% increase over May. Las Vegas was alone in suffering a drop of 0.6% over the previous month. The biggest loser in this current market downturn continues to be Las Vegas where prices are off 56.7% from their peak. Overall, home prices in the Top 20 Metropolitan Areas are down 28.4% from their July, 2006 peak .
Here’s a look at how the individual Top 20 Metropolitan Areas are performing: Read more
Review: Verizon Wireless Network Extender
Having recently purchased a vacation home in the mountains, we found that we received one bar or less of signal strength from our Verizon Wireless phones. We needed a solution. Read more
Chautauqua: John Hiatt and Los Lobos
My wife and I were fortunate enough to be at the Chautauqua Auditorium in Boulder, Colorado for the sold out John Hiatt and Los Lobos concert last night. If you are not familiar with this amazing venue, the Chautauqua Auditorium was built in 1898. Read more
Unemployment remains at 9.5% in July, 131k jobs lost
The Bureau of Labor Statistics reported today that the unemployment rate remained 9.5% in July with 131,000 jobs being lost. Temporary Census workers accounted for 143,000 of the total jobs lost. Private sector employment increased by 71,000 jobs.
Let’s breakdown the numbers:
Case-Shiller Index: Home prices up 1.3% In May
Home prices in the Top 20 Metropolitan Areas rose 1.3% in May, according to the Standard & Poor’s Case-Shiller Index. This was the second consecutive monthly increase. The big winner was Minneapolis with a 2.8% increase over April. Las Vegas was alone in suffering a drop of 0.5% over the previous month. The biggest loser in this current market downturn continues to be Las Vegas where prices are off 56.4% from their peak. Overall, home prices in the Top 20 Metropolitan Areas are down 29.1% from their July, 2006 peak .
Here’s a look at how the individual Top 20 Metropolitan Areas are performing: Read more
