Strategy in TECH...
In what is likely another sign of the housing market downturn, and perhaps a cooling of the overall economy, sales of luxury homes in the U.S. plummeted in the three-month period that ended in April, according to an analysis by Redfin Corp. as reported by Bloomberg News. The Redfin analysis covered the top 50 metropolitan areas and revealed the largest drop in sales of luxury properties since the onset of the pandemic.
IPORT, a Sonance company, announced this week it is launching an all-new, totally redesigned IPORT Connect Pro line of products. IPORT is an award-winning line of products that hold, charge, and protect tablets in a residential or commercial space. IPORT Connect Pro takes its already user-appreciated design and utility to the next level.
Chicago-based Vanco International has recently been releasing new products, especially audio products, at a furious pace. Once again, after barely stopping to catch their breath, the company is introducing five new audio products into their PulseAudio line of affordable, easy-to-integrate products for the residential and commercial markets.
The latest data from the Census Bureau shows that sales of new single-family housing in April dropped to a rate of 673,000 on a seasonally adjusted annual basis. This level is down a substantial 6.9% from the adjusted rate for March of 723,000 houses sold.
Two different economic reports on the residential housing market show conflicting results. One report is on the latest data in housing starts…the other contains the latest results on new home sales. But these reports paint two very different pictures. Is housing growing? Or rather, is it fading?
Innovative architectural loudspeaker designer/manufacturer James Loudspeaker announced this week that it will split off its Mavericks theater products into their own division, the Mavericks Architectural Cinema (MAC) division. This new division will offer the company’s dramatic Mavericks theater speakers for both the high-end residential and commercial cinema installation markets.
The Sapphire Marketing 2017 NYC Road Show rolled into Manhattan this week, taking over the 11th floor (and terrace) of the Midtown Loft & Terrace on 5th Avenue, just a stone’s throw from the Empire State Building. A large group of integrators and end users gathered to see the latest technology offerings from top brands such as Crestron, Digital Projection, Stewart, Leon Speakers and more.
Strata-gee.com editor Ted Green made a guest appearance on AVWeek’s new webcast called AVWeek Special: Residential. Just the second episode of this all-new, residential industry-centric webcast, host Tim Albright led an industry panel that, in addition to Green, included Heather Sidorowicz, Steven Brawner, and Todd Anthony Puma commenting on several hot stories of the day.
On Tuesday, the Associated Builders and Contractors (ABC) held a webinar for the media called the 2012 Mid-Year Construction Forecast with presentations from some of the most powerful industry-related economists with fresh data and forecasts…and some surprises.
<April 25, 2012> The National Association of Home Builders (NAHB) held their annual Spring 
Construction Forecast webinar for members of the press today, and the organization’s forecasts were decidedly – if cautiously – optimistic. Forecasting rebounding growth in several important categories, the NAHB is clearly suggesting that better days are ahead. [Read more…] about For the First Time in Years, Residential Construction Forecast is Optimistic; But Cautiously So
