New research put out by the National Association of Realtors looks at the impact of technology on the real estate market. In particular, the study, called Real Estate in a Digital Age, contemplated how technology has impacted the buying process – and how different generations of buyers use technology when looking for a home.
Archives for 2018
International Sales Manager Appointed at MSE Audio
Overland Park, KS-based MSE Audio, parent company of Phase Tech, Rockustics, Induction Dynamics, dArts Theater, and more, announced the appointment of James McManus as its new International Sales Director. This new appointment takes effect immediately.
See more on this role at MSE Audio… [Read more…] about International Sales Manager Appointed at MSE Audio
Artificial Intelligence – Will America Win the AI Race?
Most tech experts point to artificial intelligence (AI) as the NBT – the next big thing – in technology. Not only does this promise to create a huge market – but it is likely to be disruptive of many industries and looks to truly Change-the-World. With a prize this big, many are chasing that AI rabbit with the goal of dominating the future. Will the U.S. win the AI race?
See the latest AI data to find out just WHO seems to be winning… [Read more…] about Artificial Intelligence – Will America Win the AI Race?
Gibson Says, Sorry Memphis, We’re Outta Here
Just a matter of months ago, Gibson Brands management assured the town elders of Memphis, TN that the company remained committed to the vibrant music community in Memphis and that they were looking for new digs somewhere within that community. But that was then and this is now – the company was basically taken over by KKR and now the company has decided to vacate Memphis, moving their group there to Nashville.
See more on the incredible shrinking Gibson… [Read more…] about Gibson Says, Sorry Memphis, We’re Outta Here
James Loudspeaker: Go Big AND Go Home
Creating & Stocking New Soundbars for Larger 75-Inch TVs
James Loudspeaker, the innovative specialty manufacturer of custom-created loudspeakers targeted at the residential and commercial custom integration channel, announced that they will create, build, and stock a new soundbar product designed to be perfectly sized for increasingly popular larger TVs up to 75-inches. By keeping this new product in stock, integrators will have quick access to a more affordable pre-built solution…a win-win for the integrator and for their client.
See more on James Loudspeaker’s new soundbar solution for larger TVs… [Read more…] about James Loudspeaker: Go Big AND Go Home
CEDIA Admits Membership Declined in 2018
‘We Do Anticipate Membership Will Be Down in 2018’
Last week, I posted an extensive report on CEDIA’s annual State-of-the-Association presentation which took place last month via a webinar for members. Certain staff and board members offered a long and detailed presentation on the many aspects of the Association’s activities in 2018. As I said then, it at times felt more like a sales pitch, than a report to members, but nonetheless they did have much to talk about.
However, my antenna went up when a chart of the number of members was shown, seeming to indicate a signficant decline. I followed up with CEDIA after the presentation for clarification – and now we know – CEDIA membership has most likely declined in 2018.
See what I learned about the state of CEDIA membership in 2018… [Read more…] about CEDIA Admits Membership Declined in 2018
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Monster Sales Declines & Losses Continue
Sales Drop 30% But Losses Narrow in Recent Fiscal Quarter Report
Monster Products Inc. (formerly Monster Cable) filed their latest quarterly results with the SEC showing that sales for their fiscal quarter ending June 30, 2018 declined to $9.1 million or 30.3% below the $13.1 million booked in the same quarter a year earlier. However, thanks to aggressive cost cutting, the company’s net loss narrowed to ($6.9 million) in the quarter as compared to a net loss of ($7.3 million) in the same period last year.
Monster’s declines continue, although at a slowing pace… [Read more…] about Monster Sales Declines & Losses Continue
Troubling Sign: New Home Sales Resume Their Decline
Economic Storm Clouds Continue to Build
In what many feel is yet another sign of a brewing economic storm, sales of new single-family homes in October showed a significant drop of 8.9% below the rate of home sales in September, according to new data from the United States Census Bureau. With this result, the inventory of new homes available for sale jumped to 7.4-months, a 14% jump in unsold newly constructed homes.
See more on this troubling report on housing… [Read more…] about Troubling Sign: New Home Sales Resume Their Decline
CEDIA Tells Members Everything’s Fine; But Is It?
The Custom Electronic Design & Installation Association (CEDIA), held their annual member’s webinar where association staff and board representatives review the “State of the Association” for those members tuning in to the webcast. The polished, prepared presentation offered an upbeat assessment on the organization’s accomplishments in 2018. But, as you might suspect, I uncovered a couple of interesting issues in which I’m seeking some follow-up clarification.