Word: metros
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...like it's simple to see a price-rent ratio of 13.9 in Indianapolis, line it up against a long-term average of 14.8 for that area and decide it might be time to start house-hunting. If you click here, you can see the breakdown for all 54 metro areas...
...first pass, the data suggest we've largely come back to earth. The average price-rent ratio for the 54 metro areas Economy.com broke out was 19.8 for the three months through September, a couple of points higher than the 15-year average of 17.7 but significantly lower than where the ratio stood three years ago, 24.4. By doing some additional math (which we'll explain later), we can surmise that house prices still have to drop 4.6% over the next five years, assuming the price-rent ratio returns to normal over that period. Funny how that almost doesn...
Inauguration 2.0. A new iPhone app called PointAbout is a mobile Inauguration guide, complete with Metro and bus schedules, local weather, directions to the Inaugural ceremony, Zagat restaurant listings for the hungry and Starbucks locations for the weary...
...variety in the news for a nation weary of piles of corpses and vicious firefights in its relentless drug war. Newspapers plastered their front pages with images of Zuniga in bikinis and high heels. All seemed to be competing for the wittiest headlines. "Miss Narco," blared the tabloid El Metro. "Miss Sinaloa and the Seven Narcos," said the normally high-brow El Universal. She was compared to the heroine of Queen of the South, a fictional work about a beautiful drug trafficker currently being made into a Hollywood movie with celebrated Latina actress Eva Mendes. (See pictures of the center...
...Metro Detroit's ethnic communities are wide and diverse. The city's population increased more than six-fold during the early 20th century industrial boom, fed largely by an influx of Irish, Germans, Scots, Poles, Italians, Greeks, Serbians, Turks, Armenians, Jews, Arabs and Lebanese. In fact, "it is home to the largest concentration of Arab Americans in North America," says Warren David, founder of Arabdetroit.com and president of David Communications, a public relations firm specializing in Arab-American and Islamic markets. "Many initially streamed in from Syria for economic reasons. The silk industry had collapsed there...