Hi y'all. It's Gordon Jones, owner/broker with Coldwell Banker Seaside Realty here on the Outer Banks and in Elizabeth City. I've committed to myself to bring a monthly video market report to add my voice (and video ) to the real estate discussion here on the Outer Banks and in Northeast North Carolina. I'm happy to be back with my second update (you can find my first update here), and I'm very please to be able to share more positive real estate news. The positive real estate trends on the Outer Banks are continuing; Overall sales up 25% over last year Residential sales up 21% Land sales up 40% The numbers are clearly great, and to "build" on the positivity , I've been talking to local builders, and they are seeing a flurry of activity as buyers of the land are proceeding to plan for new construction. A very welcomed sign for the OBX building and real estate industry. Let's continue with some more numbers... Under contracts up 11% over 2011 Inventory down 3% over 2011 Residential inventory down 7% over 2011 Again, all of these numbers look great, but I'd like to point out the decline in inventory as a strong indicator of the increased strength in the market. As inventory declines, demand increases, and strong demand makes for a strong market. This should lead to firm pricing, and if the trends continue, increased pricing. On the flip side, distressed sales continue to play a role in the Outer Banks real estate market. This puts a downward pressure on pricing, but the ...

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prisonplanet.tv A 45 minute Infowars Special Report with Alex Jones and Lew Rockwell airs tonight from 7:15-8 PM CST for PrisonPlanet.tv members. Alex covers the latest on Libya, the carbon tax shutdown of coal plants, Homeland Security's latest flying taser drones and much more. Special guest Lew Rockwell, former campaign manager for Ron Paul, breaks down the Texas Congressman's rise in 2012 presidential polls, the entrance of establishment favorite Gov. Rick Perry, the End of the Dollar and much more. Next week the full launch of PrisonPlanet.tv begins, with Infowars Nightly News airing five times per week starting September 1st, as well as regular Special Reports, exclusive interviews and more. Thanks you for supporting alternative media; spread the word and visit PrisonPlanet.tv today to become a member.

FICCI's media and entertainment industry convention is a good place to check on the health of the business. The industry grew by 12% to touch nearly 73000 crore rupees in 2011. Though all media sectors grew as expectated, its the film industry that's really bounced back - breaking a two year slump to post an 11.5% growth this year. But the big news is that digitization will be the catalyst for the future. Animesh Das reports.

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