BofAML-“Home Prices Bottoming Out” and Bigger Homes from Census

Bank of America Merrill Lynch (BofAML) announced this March that it has revised its forecast to "[home] prices are bottoming now," following a better-than-forecast performance in the last quarter of 2011. Originally, BofAML forecast home prices would drop 8 percent starting in the second quarter of 2011 all the way to the first quarter of 2013. Home prices, however, only declined 3.2 percent through the second half of 2011 and are unlikely to drop another 4 percent to 5 percent.

With its new forecast, BofAML now predicts flat prices between now and 2013, capped by a slight growth in 2014.

The Growing Multifamliy Housing Sector

In the US Housing market these days, the ideal house for most families are rented ones - and with the numbers of those families renting out are increasing and soared to a new level until the last quarter of last year 2011. This was the highest since the last recorded survey in 2010, were 749,000 homeowners were recorded. About 91,000 home properties were recorded to be occupied by homeowners. This, in turn, may also affect other individuals getting their realtor licenses through different online training courses.

The New ISO 63:2012 and GPS: What is it?

The International Organization for Standardization (ISO) has recently released their new safety guides and handbooks in medical device standards and production, along with (IEC) International Electrotechnical Commissions.

The ISO/IEC Guide 63:2012: Guide to the Development and Inclusion of Safety Aspects in International Standards for Medical Devices updates and replaces the former 1999 safety handbook edition. The new standard was a framework result of the ISO 14971:2007 which states about the medical devices – Application of Risk Management to medical devices. The new standard does not only aim for new standardization but also aims to show the connection of the different ISO standards like the ISO 22000 training (also called food safety management), and other ISO training and standards set internationally.