Real Estate Developer Uses Facebook As A Crowdsourcing Platform

Brazilian real estate developer Gafisa decided to ask people directly, what they want in their new apartments? Launched last week, the Edifício Colaborativo (Collaborative Building) initiative transformed the company’s fan page on Facebook in a crowdsourcing platform, intended to harvest innovative ideas for a new building.PSFK

Click here to visit the Facebook page.

Global Pursuits of the American Dream

Check out the full infographic

American Hotspots According to Non-Americans

Are international house hunters looking for a piece of the American Dream in your city? Most likely if you live in the Sunshine State.

America is often called the land of opportunity, but these days, it might be more accurate to describe us as the land of dirt-cheap real estate. In the past 12 months, American home sellers cut about $24 billion from the homes they’ve listed on Trulia, of which a staggering $3 billion was slashed in Florida. Meanwhile, word on the street is – international buyers spent a whopping $41 billion last year to snap up U.S. homes left and right. Given this fun fact, we thought it’d be pretty fascinating to see where global house hunters are looking. The results will surprise you.

Florida, Not Just For American Retirees and Tourists
Right now, global house hunters make up about 5% of the window shopping that happens on Trulia. Aside from the usual suspects (e.g., Los Angeles, New York City and San Francisco), we saw a ton of interest in Florida … hmm?

What’s wrong with that you ask? Call us crazy, but it’s a bit shocking to see Naples and Kissimmee on the same list as Beverly Hills, Chicago and Honolulu.

In fact, 10 out of the 24 most popular American cities that have caught the eye of international homebuyers are in Florida – check it out for yourself. And yes, this list is based on popularity. That’s right, there’s more interest in Cape Coral than in Miami.

# Most Popular Florida Cities
1. Cape Coral, FL
2. Miami, FL
3. Fort Lauderdale, FL
4. Naples, FL
5. Fort Myers, FL
6. Miami Beach, FL
7. Kissimmee, FL
8. Orlando, FL
9. Jacksonville, FL
10. Tampa, FL

Reportedly, Canadians, Europeans and Brazilians spent about $13 billion on homes in Florida last year. But what gives – are the oranges really that good? We can’t say for sure, but what we do know is that the houses in Florida are being sold at a super discount. Oddly, this blue light special is also happening in Arizona, but last time we checked, the interest in Phoenix and Tucson is pretty tiny. Just to throw it out there, but maybe, just maybe, this is because Florida might be perceived as as being friendlier to non-citizens.

So who wants to move to Florida? With the exception of Brazil, let’s just say that most of these global window shoppers hail from the northern hemisphere and/or across the pond (as in Canada, the United Kingdom, France, Italy and Russia, Germany, Sweden and the Netherlands). Judging by our findings, this interest from abroad isn’t slowing down and may be the jolt that revives the Sunshine State’s struggling housing market.

America’s Next Top Expat Community
Now, let’s talk about the usual suspects. Of the 1.4 million global house hunters looking (on Trulia that is) to buy a piece of the American Dream, most are eyeing La La Land aka Los Angeles. Guess when it comes to “California dreamin,” everyone from the British and Australians to the Chinese and the Brazilians want to be part of Hollywood. More specifically, the British and the Australians would especially love a 90210 zip code since Beverly Hills is on each of their top 5 U.S. cities lists.

Another interesting, though hardly shocking, migration trend that we saw was in Mexico. Most of these house hunters currently living south of the border aren’t looking that far beyond the border with El Paso, San Diego and Chula Vista at the top of their list – no further commentary here.

One anomaly that we’re still scratching our heads about is Australia and Detroit. Right now, Detroit is #5 on Australia’s top 5 U.S. cities list. Aussies must really love Robocop (it’s rumored that they’re building a statue in honor of this 80s movie icon) or they must be really into techno (’cause as we all know, Detroit didn’t just give birth to Motown, they also gave us electronic music without words). Another theory that we’re toying with is that it’s also possible that the folks down under just love picking up homes for $40K a pop.

All in all, if our findings are any indication, America’s real estate market may be a driving force in either making us the world’s second home or an even more multicultural community.

Taste Graph - Everyone's Affinity To Everything

The Taste Graph is the foundation that powers Hunch’s predictions. It is the growing, constantly-improving, massive data structure that fuels not only Hunch.com, but also partner site customization and our open API.

Our latest Infographic takes a deeper look at Hunch’s Taste Graph: what it takes to produce it, what goes into it, and how it works.  And once again, our thanks to the awesome team at Column Five Media who designed this Infographic.

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A Portrait Of Who Uses Social Networks In The US (And How Social Media Affects Our Lives)

Did you know that out of all social networking users 92% partake in Facebook, 29% participate on MySpace, 18% are on LinkedIn and Twitter is the least utilized network with just 13% usage? Or that males on LinkedIn nearly double the number of females, yet female usage of Twitter almost doubles male usage?

Today Pew Internet & American Life Project, a project of the Pew Research Center, launched a detailed report on how social networking affects our lives that contains these results and more surprising information.  The report includes a wealth of information from whether or not social media is making people less social in real life to detailed demographic data about U.S. usage of each network.

The goal of this report was to discover what social networking is actually doing to people in their personal offline lives.  These are the highlights and conclusions from the 80+ page report.

Who Uses Social Media Networking Sites?

Some of the initial information that Pew Internet presents relates to the social user and who they actually are by age, race and gender.

One of the most weighty stats about social networking usage is the fact that overall social networking usage has nearly doubled from 2008  to 2010.  Back in 2008 26% of adults were utilizing a social networking service (SNS) whereas 47% of adults were using a SNS in 2010.

Age

Leading the increase in social networking usage were those over the age of 35, which grew nearly twice as fast as those 18-35 in the same time period.  Only 18% of Internet users over the age of 35 used a social networking service in 2008 and by 2010 that number was up to 48%.    The average age of an adult SNS user jumped from 33 years old in 2008 to 38 years old in 2010

Gender

Typical to similar studies the report backs up the fact that social networking users skew female.  A notable change showed the discrepancy actually grew from 6% more females in 2008 to 12% more female social networking users in 2010:

Site-by-Site Breakdown

One of the most interesting elements of the report is the site-by-site statistics that showed who actually uses the various social networking sites.

Age

A few surprising stats arose from these findings, including the fact that the average MySpace user (32 years old)  is younger than both the average Facebook user (38) & Twitter (33) user.  LinkedIn skews the highest out of all the networks with users having an average age of 40.

Gender

LinkedIn is the only social network that has more men than women and the disparity is rather large with men nearly doubling the number of women.  Twitter, on the other hand is almost exactly the opposite of LinkedIn with woman making up 64% of the total users.

Race & Ethnicity

The information contained in the report shows that the vast majority of social networking users in the U.S. are white; the lack of minority participation on most networks is staggering.

African-American users have the lowest presence  on LinkedIn making up only 2% of the total users.  The highest saturation of African Americans is on MySpace with 16% of the total users.

Hispanic users are not prominent on social networking services either.  LinkedIn is comprised of only 4% Hispanics, compared to the approximate 14.5% Hispanic makeup of the national population. Hispanics do however make up 12% of both the Twitter and MySpace user base.

LinkedIn is far and away the most saturated site when it comes to white users who make up a whopping 85% of the user base.

Social Networking Usage

Much of the information that Pew Internet uncovered about social usage was expected like MySpace having users who have been members the longest, Twitter having members for the shortest time lengths, but there was some interesting data in regards to everyday usage.

The main finding in regards to usage is that Facebook is far and away the most popular social networking site.  Other sites don’t come remotely close to the popularity of Facebook.   Of all users on social networks, 92% use Facebook, 29% use MySpace, 18% use LinkedIn and just 13% use Twitter.  That’s right, people who have a social networking account are least likely to use Twitter.

Frequency

While Twitter finished in last place out of the main 4 sites the frequency of use of Twitter is quite high.  Facebook again leads the pack in frequency of use with 52% of users checking at least once a day, but Twitter is close behind with 33% of  users on the service daily:

Facebook Statistics & Usage

Facebook is a focus of this report and thorough usage data and user behavior is included throughout.

Facebook users are quite active in not only using the service, but interacting with others.

  • 22% of users comment on another’s post or status
  • 26% of users “like” another user’s content
  • 15% of users update their own status
  • 20% of users comment on another user’s photos

The most active Facebook users tend to be women.  19% of women update their status at least once a day, while men are about half that number (11%) when it comes to daily status updates:

In addition to commenting and updating statuses, Facebook users do “like” quite a bit of content.

  • 44% of users in the 18-22 age range “like” content on a daily basis.
  • Men are less likely to “like” Facebook content than women.  20% of women “like” content several times a day compared to just 9% of men.

Breakdown of Friend Relationships

In addition to usage, the report sheds light on the what the most common makeup of Facebook friends might be.

  • 22% people from high school
  • 12% extended family
  • 10% coworkers
  • 9% college friends
  • 8% immediate family
  • 7% people from voluntary groups
  • 2% neighbors

Does Social Networking Hinder Real-Life Social Experiences?

The biggest question that Pew Internet wanted to answer with this report was whether or not social networking hindered off line activity and interactions.  The answer is clear, it most certainly does not.  Not only do SNS fail to retard offline growth, they actually help users develop connections and form stronger relationships in the real world.

Some of the most interesting stats that prove social networks are more than just online relationships are:

  • Only 3% of users’ Facebook friends have never met in person.  While 89% of all Facebook friends have met in person more than once.
  • Internet users have a much more diverse network than those who don’t use the internet.  Out of all social networks, LinkedIn users have the most diverse networks.
  • The average user of a social networking site has more close ties than a non-Internet user and is half as likely to be socially isolated as the average American.
  • Internet Users are more trusting of others than non-Internet users.  Facebook users are over 3 times more likely than non-internet users to agree that “most people can be trusted.”
  • Social networking users may have more of a life than non-internet users.  There is a higher percentage of SNS users to partake in a community group, sports league or youth group than a non-internet user.

Other Interesting Learnings

  • Private messages are not frequently used.  Only 38% of users claim to use Facebook’s private messages at once a week or more.
  • MySpace users have a greater probability to take multiple viewpoints than any other social networking site.
  • Internet users are more likely to know their neighbors’ names than non-internet users
  • LinkedIn is the only platform that skews male.  Nearly twice as many men (63%) as women (37%) use LinkedIn. All other SNS platforms have significantly more female users than male users.