Property ‘double dip’?
Regrettably, we’ve not so good news today about real estate market within the San Fran along with other large metro areas within the U.S.
Based on the newest Standard & Poor’s/Situation-Shiller Home Cost Indices report, house values fell in October in the month before in most 20 from the nation’s greatest metro areas, including Bay Area (that also includes San Mateo, Alameda, Contra Costa and Marin counties).
“The double dip is nearly here, as six metropolitan areas set new lows for that period because the 2006 peaks,” David M. Blitzer, chairman of S&P’s index committee, stated within the report. “There isn’t any great news in October’s report. Home values across the nation keep falling.Inches
Within the Bay Area metro area, house values dropped 1.9 % in October month over month.
Annually, Bay Area was up 2.2 percent. It had been certainly one of only four from the 20 metro areas having a yearly gain — together with La, North Park and Washington, D.C.
Although San Jose may be the largest city within the San Francisco Bay Area, its metro area isn’t incorporated within the Situation-Shiller report because it isn’t among the nation’s 20 largest.
Tech security threats
What’s promising: Google’s Android operating-system and Apple’s iOS and Mac OS happen to be surging in recognition. Unhealthy news: Which means these platforms — together with social networking sites for example Facebook, Twitter and Foursquare — have become targets for online fraudsters.
Santa Clara software maker McAfee (which, like rivals for example Mountain View-based Symantec, wouldn’t mind selling you its security software) today released its 2011 Threats Conjecture report.
“These platforms and services have grown to be extremely popular inside a almost no time, and we’re already visiting a significant rise in vulnerabilities, attacks and knowledge loss,” stated Vincent Weafer, senior v . p . of McAfee Labs, based on a business news release.
Based on McAfee, here are the tech threats looming in 2012:
McAfee, you may recall, has decided to be purchased for $7.7 billion by Santa Clara micro-processor behemoth Apple — that has declared building security into chips 1 of 3 support beams of their technique for semiconductor sales. The offer continues to be waiting for approval from regulators within the Eu.
Plastic Valley tech stocks
Up: Apple, Apple, ‘cisco’ Systems, Hewlett-Packard, eBay.
Lower: Google, Oracle, VMware, Gilead Sciences, Yahoo.
The tech-heavy Nasdaq composite index: Lower 4.39, or .2 percent, to two,662.88.
Nowhere nick Dow jones Johnson industrial average: Up 20.51, or .2 percent, to 11,575.54.
And also the broadly viewed Standard & Poor’s 500 index: Up .97, or .1 %, to at least one,258.51.
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