Zillow just revised their 2024 housing market forecast from being flat to up 3.7%.
fortune.com/2024/01/25/home-…
What This Means For You:
Limited inventory declining mortgage rates = even higher prices for those looking to buy a home in 2024.
HP’s CEO boldly announces desire to make printing a subscription.
futurism.com/the-byte/hp-mak…
What This Means For You:
Not only would you not own an HP printer, you will only be able to use their ink as well.
Time to consider a Canon, Epson, or Brother printer instead.
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By the year 2100, the population of these US could change the most based on migration rates, urbanization, and climate change:
Depopulation Risks:
Cincinnati
Pittsburgh
Buffalo
St. Louis
Memphis
Population Growth:
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New York City
Denver
Atlanta
Houston
Philadelphia
gizmodo.com/us-cities-depopu…
What This Means For You:
Real estate investors can still benefit from short-term growth in depopulation risk areas, but should shift to high-growth regions in the long-run.
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New technology for making artificial snow can produce it at warmer temperatures and reduce energy use by 30%.
What This Means For You:
Since an estimated 95% of ski resorts around the world rely on artificial snow, these new advancements could help
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Deloitte’s quarterly survey of chief financial officers across the globe revealed their 12-month outlook improved for South America, but declined everywhere else. CFOs' opinion of their own companies' financial outlook also fell significantly.
What This Means For You:
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Sales of foldable phones are predicted to increase by almost 40% in 2024 and its market share will double by 2027.
insiderintelligence.com/cont…
What This Means For You:
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We expect Apple to either embrace this trend or leap-frog it altogether and launch a whole new mobile phone concept - holographic, projector-based, etc.
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IKEA predicts life in 2030 will feature multiple “Homes on the Go” to combat climate change and migration as well as holographic technology for virtual meetings and parties.
designboom.com/architecture/…
What This Means For You:
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Ownership or rental of multiple homes will likely require smaller, pod-like structures, or more sharing of resources. Meanwhile, holograms could very well be the way we communicate in the future (unless you want to turn your holo off).
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The latest generation of health-tracking devices are now providing blood oxygen readings, a body temperature monitor, an ECG, and a stethoscope in one device.
digitaltrends.com/mobile/wit…
What This Means For You:
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We are one step closer to eliminating the need for urgent care visits, replacing them with at-home health monitoring that could be forwarded to a medical professional in real-time.
World Bank forecasting global economic growth to dip from 2.6% in 2023 to 2.4% in 2024 and rise to 2.7% in 2025, marking the worst 5-year span in 30 years.
What This Means For You:
Global conflict likely to disproportionately hurt developing nations.
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Zillow predicts the top 3 hottest real estate markets in the US for 2024:
1. Buffalo
2. Cincinnati
3. Columbus
Their top pick for last year was Charlotte, which saw home prices increase by 5% and hit an all-time high.
What This Means For You:
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These relatively affordable cities may be prime investment targets. Zillow’s access to real estate transactions also strengthens their predictions.