Daily Archives: June 8, 2013

Facebook Reduces Ad Options: This Week in Social Media | Chappaqua Realtor

Welcome to our weekly edition of what’s hot in social media news. To help you stay up to date with social media, here are some of the news items that caught our attention.

What’s New This Week?

Facebook Streamlines Ad Offering: Facebook says they plan to “streamline the number of ad units from 27 to fewer than half of that” while mapping all of their ads to “the business objectives marketers care about—be it in-store sales, online conversions, app installs, etc.”

facebook ad

Facebook will eliminate redundant ads. “This includes removing the Questions product for Pages because marketers can simply ask a question in a post and get answers in comments.”

LinkedIn Lets You Enrich Your Updates: After recently giving you the ability toadd rich media to your profile, LinkedIn now also lets you “directly upload images, documents and presentations to the updates you share from the LinkedIn Homepage.”

linkedin rich updates

LinkedIn’s new feature allows you to “add a richer and more visual component to your professional discussions.”

Discussion From Our Networking Clubs: Thousands of social media marketers and small business owners are asking questions and helping others in our free Networking Clubs. Here are a few interesting discussions worth highlighting:

LinkedIn Gives You a New Look at Who’s Viewed Your Profile: LinkedIn has rolled out “a new, simplified look and feel for Who’s Viewed Your Profile to make it easier for you to get a snapshot of who, what and how you are being discovered on LinkedIn.”

who's viewed your profile

“Who’s Viewed Your Profile can also give you insights on how often your profile has been viewed and what connections or groups you have in common with them.” Premium members get additional filters.

SlideShare Announces Richer RSS Feeds: “SlideShare’s RSS feeds just got richer, with each content item now including a full image of the first slide. For developers building upon SlideShare, this enables them to create even more visual apps than before.”

Facebook Reduces Ad Options: This Week in Social Media | Social Media Examiner.

Rise in interest rates hard to square with data | Bedford NY Real Estate

Early this week a spate of poor data started a bond and mortgage rally, but stopped cold today on a very ordinary employment report for May. Ten-year Treasury notes have traded back up to the 2.15 percent high of 2013, mortgages solidly above 4 percent. If the credit markets are going to read news this way, rates are still vulnerable on the upside.

On Monday, the Institute for Supply Management reported that the May manufacturing index tanked to 49 versus the tepid 51 expected, and a drop below 50 has been good for bonds every time since these surveys began in the early 1970s. The ISM has weakened steadily since January 2011. Today’s employment data: 175,000 net-new jobs in May, but hourly earnings and hours at work were flat.

The rise in rates is hard to square with the data. The Fed will pull back from bond buying at some point, but not now, and not soon in a meaningful way. It may reduce its purchases, but they are rising relative to bonds in the market: Treasury borrowing has fallen in half in 18 months, and mortgages outstanding have fallen for six years.

During any Fed exit, a QE-castaway market may be unwilling to buy at today’s yields. Or it may be unable — overregulated and capital-crimped, still trying to shrink.

We have other data on the state of the recovery: the Fed’s Z-1 (renamed now “Financial Accounts”) and FHFA home prices for the first quarter.

Z-1 shows a remarkable rebound in U.S. household net worth, up $3 trillion in 90 days and at $70 trillion surpassing the 2007 peak. A stock market run will do that, puffing pension and life reserves, nonprofits, and retirement funds included in “households,” but not felt in wallets, not necessarily permanent, and just back where net worth had been.

– See more at: http://www.inman.com/2013/06/07/rise-in-interest-rates-hard-to-square-with-data/#sthash.p6ADRjLu.dpuf

 

 

Rise in interest rates hard to square with data | Inman News.

Bad loans to friends and family may be tax deductible | Pound Ridge Real Estate

Are you a soft touch? Have you lent money to relatives or friends and never been repaid?

If so, you may at least be able to get a tax deduction for the bad loan.

As far as the bad debt deduction is concerned, there are two types of debts: business and nonbusiness.

Business debts arise from the conduct of your business.

Nonbusiness debts arise from your nonbusiness activities, such as making personal investments or personal activities. Money you lend friends, relatives and others for purposes other than use for a business in which you actively participate is a nonbusiness debt.

So if you loan money to your no-good brother-in-law and he never pays it back, can you deduct the amount from your taxes as a bad debt? Maybe.

– See more at: http://www.inman.com/2013/06/07/bad-loans-to-friends-and-family-may-be-tax-deductible/#sthash.dOcpJ2Rv.dpuf

 

Bad loans to friends and family may be tax deductible | Inman News.

Twitter Traffic, How to Double Your Traffic to Your Content With Twitter | Mt Kisco Realtor

Do you use Twitter for business?

Are you wondering how to use Twitter to increase traffic to your blog?

To learn how to use Twitter to grow your business, I interview Kim Garst for this episode of the Social Media Marketing podcast.

More About This Show

Social Media Marketing Podcast w/ Michael Stelzner

The Social Media Marketing podcast is a show from Social Media Examiner.

It’s designed to help busy marketers and business owners discover what works with social media marketing.

The show format is on-demand talk radio (also known as podcasting).

In this episode, I interview Kim Garst, CEO of Boom Social, a company and blog that specializes in social media marketing. One of Kim’s areas of topical expertise is Twitter marketing.

Kim shares how she uses Twitter to promote her content and offers.

You’ll learn about what type of content works best and how frequently you should share it.

Share your feedback, read the show notes and get the links mentioned in this episode below!

Listen Now

You can also subscribe via iTunesRSSStitcher or Blackberry.

Here are some of the things you’ll discover in this show:

Twitter for Business

How do you use Twitter to help your business?

Kim describes many ways to leverage Twitter to help grow your business. One way is to use news updates. Kim refers to Twitter as the “info superhighway.”

A lot of people don’t use Twitter search in the same context as they would with Google. In many cases, the news hits Twitter before it hits the major news channels. There are real people out there who share real information in real time.

With Twitter, you can leverage the search function as a way to keep track of your competition. You can search for keywords and find conversations in real time. It’s a great way to pay attention to trending topics.

 

Twitter Traffic, How to Double Your Traffic to Your Content With Twitter | Social Media Examiner.

How to Build a Pergola for Backyard Shade | North Salem Real Estate

Bountiful sunshine makes our gardens grow, but all living things need a little shade sometimes — especially people. These step-by-step plans will show you how to build a pergola to create your own backyard shade. The finished product will add stylish definition and shape to your yard and garden. If you’re looking to increase the amount of outdoor space you have, as well as the amount of time you can spend enjoying your outdoor space, then exterior folding arm awnings are exactly what you are looking for.

A pergola (also known as an arbor) can be an elegant entranceway over a path, a quiet place to sit, or a frame for vines to climb over a deck or patio. Our pergola plans create a structure that’s large enough to span a picnic table, but you can make the dimensions narrower and shorter so yours can serve as a garden entrance. The 6-by-6 and 2-by-8 lumber used in these plans looks great and is more than strong enough for the job. You can use thicker or thinner planks, or even peeled poles you’ve foraged. (For instructions on how to build a pergola using logs and poles, see How to Build a Pergola Using Peeled Poles.[link to sidebar])
finished pergola

Step 1: Install the Pergola Posts

Building our pergola begins with the same challenge encountered in many outdoor projects: installing a series of vertical posts at exactly the same height. The cardinal rule is to bury first and cut later. This is the best way to install your pergola posts, because it’s nearly impossible to dig a set of holes to the identical depths required for pre-cut poles.

Begin building your pergola by marking six posthole locations using spikes pushed into the ground, then dig oversized postholes that are 24 to 48 inches deep. Hoist your 6-by-6 posts — each of them 12 to 14 feet long — and tip them up and into the holes. Plumb the poles temporarily with 2-by-4 braces and, when all of the posts are in alignment, fill the holes with soil. Compact the soil around the posts using a long piece of wood. I’ve found the end of a sledgehammer handle to be ideal for this type of tamping. There’s no need to set your posts in concrete, because this pergola is self-supporting. The posts will stand solidly so long as you firm the soil all the way to the bottom of each posthole. (Want to cut your own posts and boards for this project? See Use a Portable Sawmill to Make Your Own Lumber.) install posts

Step 2: Make Pyramid Cuts

After all of the 6-by-6 posts are set solidly into the ground, you’ll need to mark and cut the tops to exactly the same height. You’ll probably appreciate some extra hands to help with this step. Start by measuring and marking the first post about 8 feet above the highest area of soil. Grab a 2-by-4 that’s long enough to span the space between the posts, turn it on its edge, and hold it parallel to the ground at the first pole’s 8-foot mark. Set a level on the top edge of the 2-by-4, maneuvering it into a level position, and then mark the second post where it’s crossed by the 2-by-4. Repeat until all of the posts are marked. This approach is the only way to get their tops perfectly level.

Post tops that have been cut square look surprisingly ugly. For improved aesthetics, trim each post with four angled cuts — 15 to 20 degrees from square — using a hand-held circular saw. You’ll find 6-by-6s too thick for a standard circular saw to chew all the way through, but that’s OK. Just make four angled cuts — one from each side of each post — then complete the cut with a handsaw. Your post top will then have a pyramid shape. Saw marks look ragged, so refine them with a belt sander spinning an 80-grit abrasive. Tedious? Yes. But trust me — it’s worth the results. make pyramid cuts

Step 3: Place the Crossbeams

Now that your pergola posts are up and trimmed, it’s time to fasten the three 6-by-6 crossbeams to them. At this point, you can remove the 2-by-4 braces from the posts. Measure the distance between the outer faces of the posts, then cut the three main crossbeams you’ll need to span them. Allow 12 1/2 inches for overhang on each end (see our lap joint drawing under Step 4 for precise measurements). Cut the crossbeams to length and trim the ends with pyramid cuts (as you did with the post tops).

Use the helping hands you’ve recruited plus props to temporarily hold up the crossbeams with scrap lumber, make sure the beams are level, and mark the place where the posts and the crossbeams overlap on the outer faces of both. You could just mark the spot using a tape measure and level, but beware — bows or bends in the beams could prevent the joints from fitting together well.

Step 4: Shape the Lap Joints

Lap joints are the way you’ll connect the posts and crossbeams. A lap joint is simply a pair of interlocking notches that fit together like Lincoln Logs. Wherever your posts and beams overlap, that’s where you’ll need a lap joint for support. Prepare these joints by making multiple cuts with a circular saw every quarter-inch or so, then knocking out the remaining chunks of wood using a mallet and chisel (see the illustration in Step 2). You’ll need to do this work with the posts installed in the ground, of course, and that won’t be easy. Preparing the joints on the crossbeams will be much simpler, because you can support them on sawhorses while you’re sawing and chiseling.

Note that a standard, 7 1/4-inch circular saw makes cuts only about 2 1/4 to 2 1/2 inches deep — too shallow to produce a lap joint groove halfway through a 6-by-6. A better and easier approach is to make offset lap joints that aren’t flush but have about a seven-eighths-inch offset. The effect looks pretty good when you position the overhanging faces of the crossbeams on the outside faces of the posts. (Study the lap joint diagram here.)

Read more: http://www.motherearthnews.com/diy/how-to-build-a-pergola-zm0z13jjzmar.aspx?newsletter=1&utm_content=06.07.13+GEGH&utm_campaign=2013+GEGH&utm_source=iPost&utm_medium=email#ixzz2VfCIUxNi

How to Build a Pergola for Backyard Shade – Do It Yourself – MOTHER EARTH NEWS.

Experts say we are still bubble-free | Chappaqua Real Estate

On the current path, home prices, sales and construction should continue upward, said economist Jed Kolko of Trulia. Meanwhile, vacancies, delinquencies and foreclosures will be dropping. “Inventories may be down too as a necessary part of the housing recovery.”

Homes are still undervalued relative to rent, Kolko said, and a full housing recovery is a few years away.

Currently there are no signs of over-building and little sign of over-borrowing, he said. “Prices would have to rise at current rate for several years to return to bubble territory.”

 

Experts say we are still bubble-free | HousingWire.

Ace! Jim Carrey sells Malibu home for $13.4 million | Armonk Homes

The just-sold home has 5-bedroom, 5.5-bathroom, and 2,866 square-feet and is situated on one of the best sections of sandy beach in coveted Malibu Colony, writes Trulia. According to public records, Carrey bought the home on October 18, 2002 for $9.75M, which means he made a pretty penny on the sale.

Sun-drenched and spacious, the living areas have a seamless flow with an open kitchen, dining, living, and family room all leading to the expansive deck with removable privacy walls. A spectacular upstairs ocean-front master suite features a fireplace, balcony, beautifully appointed master bath and generous walk-in closet, according to Trulia.

See the full details on Carrey’s home here.

 

Ace! Jim Carrey sells Malibu home for $13.4 million | HousingWire.

Florida governor signs bill to speed up state’s foreclosure process | South Salem Real Estate

Florida’s governor signed a much-discussed foreclosure bill Friday, enacting a series of provisions aimed at speeding up the default process in the state.

While the legislation is considered a response to Florida’s untimely foreclosure timelines, it’s a big shift that has attracted a great deal of attention.

Attorneys working within the foreclosure space note House Bill 87 comes with new legal and procedural requirements. Critics refer to it as the ‘rocket docket‘ legislation, in reference to the quickened foreclosure review system previously in place. However, there are many procedural caveats that could make that comparison less appropriate.

The office of Florida attorney Daniel Consuegra even published an alert for attorneys advising them that HB 87 reduces the statute of limitations for filing a deficiency action to only one year from the sale or date of the acceptance of a deed-in-lieu. That section of the bill takes effect July 1.

“As a result you will need to act quickly and secure your deficiency judgment,” Consuegra said.

Furthermore, attorneys says the bill requires additional items to be presented with the foreclosure complaint – namely a certification of possession of the original note, or a lost note affidavit filed concurrently with the complaint, Consuegra pointed out.

To meet these demands, Consuegra said forms used in the process are likely to require modification, and it could take time to adopt them.

HB 87 also changes state law to where now any named party can move for “an order to show cause” – not just a plaintiff, the attorney noted.

“This presents some interesting challenges and opportunities that should be prepared for,” Consuegra said.

“Further, the changes in the law provide an avenue for plaintiff’s, for property other than owner occupied, to request the court to enter an order to show cause why an order to make payments or order to vacate the premises should not be entered. This could be an effective tool in dealing with litigious owners who are renting the properties.”

The bill also establishes adequate protection for lost notes and is designed to prevent what Consuegra refers to as “collateral attacks on foreclosure judgments by borrowers who were served in the action when the property has been acquired for value by a third party and all time periods to appeal have expired.”

 

Florida governor signs bill to speed up state’s foreclosure process | HousingWire.

Home price growth projected to exceed 7% in 2013 | Waccabuc Homes

Home prices could grow as high as 7.2% in 2013, JPMorgan Chase concluded in a new report.

 

Analysts with the bank claim prices are posting historically strong gains as the market moves into the more active summer season.

 

With high investor demand contributing to booming home prices as well as growth in prices of lower-tiered units posting stronger gains than higher-tiered units in major metropolitans, JPMorgan ($54.27 0.77%) is confident in its 7.2% growth projections.

 

Furthermore, the banking giant has revised its projections to 3.9% in 2014 and 3.2% in 2015, with surprises likely to be on the upside.

 

“Despite the lack of data for investor demand, we saw all-cash sales remain higher than 30% of housing sales,” analysts at JPMorgan ($54.27 0.77%) said.

 

Home price growth projected to exceed 7% in 2013 | HousingWire.

Survey: Americans apply for mortgages 24/7 | Cross River Real Estate

Time is money, and more Americans are adjusting their schedules to complete tasks at the most convenient time.

The mortgage space is just one of many industries adapting to this reality.

In an analysis by Mortgage Marvel of more than 650,000 online applications submitted to 1,100 lending institutions, it became clear that more people are applying for mortgages at all hours of the day, including the workday.

Technology has come a long way, allowing people to do almost anything from almost anywhere.

The survey found that in 2012 only about 15% of applications came in on Saturday or Sunday. This means more people are conducting business remotely during the hectic work week.

Additionally, of the applications coming in during weekdays, about 60% are submitted between the hours of 7 a.m. and 6 p.m., Mortgage Marvel said.

Rick Allen, chief operating officer of Mortgage Marvel, said, “Technology has given us more flexibility in all aspects of our lives. People appreciate being able to complete an application on their schedule and at their pace.”

He added, “We expect the number of online applications to continue to grow for many years to come.”

 

Survey: Americans apply for mortgages 24/7 | HousingWire.