Wednesday, July 4, 2012

CERN Scientists Discover New Subatomic Particle

GENEVA (Reuters) - Scientists at Europe's CERN research centre have found a new subatomic particle, a basic building block of the universe, which appears to be the boson imagined and named half a century ago by theoretical physicist Peter Higgs.

"We have reached a milestone in our understanding of nature," CERN director general Rolf Heuer told a gathering of scientists and the world's media near Geneva on Wednesday.

"The discovery of a particle consistent with the Higgs boson opens the way to more detailed studies, requiring larger statistics, which will pin down the new particle's properties, and is likely to shed light on other mysteries of our universe."

Two independent studies of data produced by smashing proton particles together at CERN's Large Hadron Collider produced a convergent near-certainty on the existence of the new particle. It is unclear whether it is exactly the boson Higgs described.

But addressing scientists assembled in the CERN auditorium, Heuer posed them a question: "As a layman, I would say I think we have it. Would you agree?" A roar of applause said they did.

For some, there was no doubt the Higgs boson is found: "It's the Higgs," said Jim Al-Khalili of Surrey University, a British physicist and popular broadcaster. "The announcement from CERN is even more definitive and clear-cut than most of us expected."

Higgs, now 83, from Edinburgh University was among six theorists who in the early 1960s proposed the existence of a mechanism by which matter in the universe gained mass. Higgs himself argued that if there were an invisible field responsible for the process, it must be made up of particles.

He and some of the others were at CERN to welcome news of what, to the embarrassment of many scientists, some commentators have labeled the "God particle", for its role in turning the Big Bang into a living universe. Clearly overwhelmed, his eyes welling up, Higgs told the symposium of fellow researchers: "It is an incredible thing that it has happened in my lifetime."

END OF AN ERA

He later told Reuters of his admiration for the work of the thousands of scientists and engineers who worked on the practical experimental and statistical work which had, finally, confirmed what he and others had described with mathematics.

"I had no expectation that I would still be alive when it happened," he said of the speed with which they found evidence.

"It is very satisfying," he said. "For me personally it's just the confirmation of something I did 48 years ago."

He predicted further investigation by the CERN teams would probably confirm the particle is at least related to his idea: "It would be very odd if it were not any kind of Higgs boson."

"For physics, in one way, it is the end of an era in that it completes the Standard Model," he said of the basic theory physicists currently use to describe what they understand so far of a cosmos built from 12 fundamental particles and four forces.

The two separate teams at CERN worked independently through data, hunting for tiny divergences that might betray the existence of the new boson, a class of particle which includes the photon, associated with light. The class is named in honor of Albert Einstein's Indian collaborator Satyendra Nath Bose.

"It's a boson!" headlined Britain's Science and Technology Facilities Council in a statement on its researchers' role in the delivery of the "dramatic 5 sigma signal" for the existence of the long-sought particle.

Five sigma, a measure of probability reflecting a less than one in a million chance of a fluke in the data, is a widely accepted standard for scientists to accept the particle exists.

"The fact that both our teams have independently come to the same results is very powerful," Oliver Buchmueller, a senior physicist on one of the research teams, told Reuters.

"We know it is a new boson. But we still have to prove definitively that it is the one that Higgs predicted."

Surrey's Al-Khalili said the researchers' caution was extreme: "Cutting through all the jargon about sigmas and decay channels, the bottom line is that CERN have indeed discovered the Higgs boson," he said. "In my view, if it looks like the Higgs, smells like the Higgs and is exactly what we expected from the Higgs, then it's the Higgs. Nobel prizes all round."

UNIVERSAL THEORY

The Higgs theory explains how particles clumped together to form stars, planets and life itself. Without the Higgs boson, the universe would have remained a formless soup of particles shooting around at the speed of light, the theory goes.

It is the last undiscovered piece of the Standard Model that describes the fundamental make-up of the universe. The model is for physicists what the theory of evolution is for biologists.

What scientists do not yet know from the latest findings is whether the particle they have discovered is the Higgs boson as exactly described by the Standard Model. It could be a variant of the Higgs idea or an entirely new subatomic particle that could force a rethink on the fundamental structure of matter.

The last two possibilities are, in scientific terms, even more exciting.

Packed audiences of particle physicists, journalists, students and even politicians filled conference rooms in Geneva, London and a major physics conference in Melbourne, Australia, to hear the announcement.

EXPLORATION AHEAD

Despite the excitement, physicists cautioned that there was still much to learn: "We have closed one chapter and opened another," said Peter Knight of Britain's Institute of Physics.

Buchmueller at CERN said: "If I were a betting man, I would bet that it is the Higgs. But we can't say that definitely yet. It is very much a smoking duck that walks and quacks like the Higgs. But we now have to open it up and look inside before we can say that it is indeed the Higgs."

Jerome Gauntlett, head of theoretical physics at London's Imperial College said further experiments at CERN could begin to lighten the unexplained "dark matter" which theoreticians hold makes up much of the universe, explore a fourth dimension and beyond and resolve contradictions between the subatomic world of particles and the larger universe described by Einstein.

Reflecting on the scale of human endeavor to find the new particle, Joe Incandela, a spokesman for one of the CERN teams said: "It's been an incredible project over two decades. It has involved around 3,300 scientists to get to this result ... These results are now global and shared by the whole of mankind."

Paul Nurse, president of Britain's science academy The Royal Society, said: "This is a big day for science and for human achievement ... Today moves us a step closer to a fuller understanding of the very stuff of which the universe is made."

Higgs himself called it a great achievement for the Large Hadron Collider, the 27-km (17-mile) long particle accelerator built in a tunnel underneath the French-Swiss border where experiments to search for the Higgs boson have taken place.

Without it, his ideas would remain just a paper theory and he conceded that he personally was never cut out for laboratory experimentation: "I certainly did some lab work as a schoolboy in Bristol," he told Reuters. "I was incompetent."

courtesy of:  http://news.yahoo.com/scientists-unveil-milestone-higgs-boson-hunt-044513533.html

Posted via email from RealtorPeg

The Higgs Particle - What It Is and What It Does

WHAT IS THE HIGGS BOSON?

The Higgs is the last missing piece of the Standard Model, the theory that describes the basic building blocks of the universe. The other 11 particles predicted by the model have been found and finding the Higgs would validate the model. Ruling it out or finding something more exotic would force a rethink on how the universe is put together.

Scientists believe that in the first billionth of a second after the Big Bang, the universe was a gigantic soup of particles racing around at the speed of light without any mass to speak of. It was through their interaction with the Higgs field that they gained mass and eventually formed the universe.

The Higgs field is a theoretical and invisible energy field that pervades the whole cosmos. Some particles, like the photons that make up light, are not affected by it and therefore have no mass. Others are not so lucky and find it drags on them as porridge drags on a spoon.

Picture George Clooney (the particle) walking down a street with a gaggle of photographers (the Higgs field) clustered around him. An average guy on the same street (a photon) gets no attention from the paparazzi and gets on with his day. The Higgs particle is the signature of the field - an eyelash of one of the photographers.

The particle is theoretical, first posited in 1964 by six physicists, including Briton Peter Higgs.

The search for it only began in earnest in the 1980s, first in Fermilab's now mothballed Tevatron particle collider near Chicago and later in a similar machine at CERN, but most intensively since 2010 with the start-up of the European centre's Large Hadron Collider.

WHAT IS THE STANDARD MODEL?

The Standard Model is to physics what the theory of evolution is to biology. It is the best explanation physicists have of how the building blocks of the universe are put together. It describes 12 fundamental particles, governed by four basic forces.

But the universe is a big place and the Standard Model only explains a small part of it. Scientists have spotted a gap between what we can see and what must be out there. That gap must be filled by something we don't fully understand, which they have dubbed 'dark matter'. Galaxies are also hurtling away from each other faster than the forces we know about suggest they should. This gap is filled by 'dark energy'. This poorly understood pair are believed to make up a whopping 96 percent of the mass and energy of the cosmos.

Confirming the Standard Model, or perhaps modifying it, would be a step towards the holy grail of physics - a 'theory of everything' that encompasses dark matter, dark energy and the force of gravity, which the Standard Model also does not explain. It could also shed light on even more esoteric ideas, such as the possibility of parallel universes.

CERN spokesman James Gillies has said that just as Albert Einstein's theories enveloped and built on the work of Isaac Newton, the work being done by the thousands of physicists at CERN has the potential to do the same to Einstein's work.

WHAT IS THE LARGE HADRON COLLIDER?

The Large Hadron Collider is the world's biggest and most powerful particle accelerator, a 27-km (17-mile) looped pipe that sits in a tunnel 100 meters underground on the Swiss/French border. It cost 3 billion euros to build.

Two beams of protons are fired in opposite directions around it before smashing into each other to create many millions of particle collisions every second in a recreation of the conditions a fraction of a second after the Big Bang, when the Higgs field is believed to have 'switched on'.

The vast amount of data produced is examined by banks of computers. Of all the trillions of collisions, very few are just right for revealing the Higgs particle. That makes the hunt for the Higgs slow, and progress incremental.

WHAT IS THE THRESHOLD FOR PROOF?

To claim a discovery, scientists have set themselves a target for certainty that they call "5 sigma". This means that there is a probability of less than one in a million that their conclusions from the data harvested from the particle accelerator are the result of a statistical fluke.

The two teams hunting for the Higgs at CERN, called Atlas and CMS, now have twice the amount of data that allowed them to claim 'tantalizing glimpses' of the Higgs at the end of last year and this could push their results beyond that threshold.

courtesy of:  http://news.yahoo.com/higgs-particle-does-091215112.html

Posted via email from RealtorPeg

Tuesday, July 3, 2012

CoreLogic: Home Prices Rise for Third Consecutive Month

When excluding distressed sales, May home prices shot up 2.7% over year-ago levels and grew 2.3% from April. The recent upward trend is an encouraging signal, CoreLogic said.

U.S. home prices year-over-year rose 2% in May while also increasing 1.8% from April, CoreLogic ($19.25 0%) [2] reported in its May home price index.

The Santa Ana, Calif.-based research firm said when excluding distressed home sales, prices actually shot up 2.7% over year-ago levels and rose 2.3% from April. Figures from May show home prices nationwide increasing for the third consecutive month in a row.

"The recent upward trend in U.S. home prices is an encouraging signal that we may be seeing a bottoming of the housing down cycle," said Anand Nallathambi, president and chief executive officer of CoreLogic. "Tighter inventory is contributing to broad, but modest, price gains nationwide and more significant gains in the harder-hit markets, like Phoenix."

CoreLogic's Pending Home Price Index suggests that home prices will rise another 1.4% from May to June. When excluding distressed sales, that number is expected to jump by 2%.

Mark Fleming, CoreLogic's chief economist, said home price appreciation in the lower-priced segment of the market is growing at a faster rate than the upper end.

"Home prices below 75% of the national median increased 5.7% from a year ago, compared to only a 1.8% increase for prices 125% or more of the median," he said.

The five states experiencing the most price appreciation include Arizona (prices up 12%); Idaho (up 9.2%); South Dakota (up 8.7%); Montana (up 8.2%); and Michigan (up 7.9%). Areas with the greatest price depreciation include Delaware (prices down 9%); Rhode Island (prices down 4.4%); Illinois (prices down 4.2%); Alabama (prices down 4.1%); and Georgia (prices down 4%).

courtesy of:  http://www.housingwire.com/

Posted via email from RealtorPeg

Monday, July 2, 2012

San Diego Uptown Area Median Condo Prices thru May 2012

MED CONDO PRICES 201205 UpTown.pdf Download this file

Greetings All,

The latest in San Diego SOLD condo prices through May, 2012.

For CONDOS, in the 13 different zip codes which I track, the median sold prices look like:

·         Compared to 1 mo ago, 62% of zips either went up in market value or stayed essentially the same (within +/-5% median market value) over values of the prior month. The average 1 mo change over all 13 zip codes was +7%.  Most notable of these was Kensington / Normal Heights with a 39% price increase on 13 condos sold and Bay Park / Old Town with a 30% price increase on 15 condos sold in the subject month.

·         Compared to 2 mos ago, the market value of 69% are still either at a higher value or stayed essentially the same (within +/-5%) over the median values of 2 months prior.  The average 2 mo change over all 13 zip codes was +11%.  Here we have our leader being Bay Park / Old Town with an 89% increase along with Kearny Mesa / Linda Vista with an 45% increase. Also, over both of the past 2 mos straight, 46% of zips have shown an increase or stayed essentially the same in market value.

·         Compared to 1 year ago, we have 85% with a median market value either higher or essentially the same (within +/-5%).  The average 1 yr change over all 13 zip codes was +15%.  In this 1 yr category, with an 59% increase over market values of 1 yr ago, is Kearny Mesa / Linda Vista, we also have North Park with a 46% increase and Downtown with a 45% increase in market value.

Summary:   The below charts give you an excellent overview of San Diego home prices by comparing the percentages of my zip codes that increased and also the overall average change for all zips:
% OF TRACKED ZIPS THAT INCREASED OR HELD STEADY 
COMPARED 
TO: 
CONDOS 
HOUSES 
1 MO AGO 
62% 
56% 
  2 MO AGO 
69% 
83% 
1 YR AGO 
85% 
89% 

Keep in mind that my 13 zip codes for condos and 18 zip codes for houses, are only a portion of the entire San Diego picture. It is the norm for any one particular zip code to have a positive increase in market values for 1, 2, or 3 months and then in other months to see a decrease in market values. This is particularly common with changes in the season such as during the winter holiday season.

Bottomline - while prices may go up & down within any given year-long period, what we are really looking for is a general increase from year to year so that within that year, the rise of the "up" months is higher and thus outweighs the dips of the "down" months. The movement in some zips may be slow for sure, but, it is still movement and those lagging behind the upward trend in San Diego and in the county as a whole, will all catch up in due time!
OVERALL AVERAGE CHANGE
OF ALL TRACKED ZIPS COMBINED
 COMPARED
TO:
CONDOS
HOUSES
1 MO AGO
UP +7%
DWN -4%
  2 MO AGO
UP +11%
UP +5%
1 YR AGO
UP +15%
UP +7%

For more info on real estate issues and concerns in San Diego, scroll down to Average 15-Year Fixed-Rate Mortgage Breaks Barrier, Falls To 2.97 Percent" and for even more info, "Understanding Mortgage Rates - NASDAQ.com".

Cheers Again Until Next Month!  - Peg

Mary "Peg" Heying
REALTOR® - CA DRE License # 01726709
Prudential CA Realty
890 W Washington St.
San Diego, CA 92103
Cell:  (619) 301-8589

Posted via email from RealtorPeg

San Diego Coastal Area Median Condo Prices thru May 2012

MED CONDO PRICES 201205 Coast.pdf Download this file

Greetings All,

The latest in San Diego SOLD condo prices through May, 2012.

For CONDOS, in the 13 different zip codes which I track, the median sold prices look like:

·         Compared to 1 mo ago, 62% of zips either went up in market value or stayed essentially the same (within +/-5% median market value) over values of the prior month. The average 1 mo change over all 13 zip codes was +7%.  Most notable of these was Kensington / Normal Heights with a 39% price increase on 13 condos sold and Bay Park / Old Town with a 30% price increase on 15 condos sold in the subject month.

·         Compared to 2 mos ago, the market value of 69% are still either at a higher value or stayed essentially the same (within +/-5%) over the median values of 2 months prior.  The average 2 mo change over all 13 zip codes was +11%.  Here we have our leader being Bay Park / Old Town with an 89% increase along with Kearny Mesa / Linda Vista with an 45% increase. Also, over both of the past 2 mos straight, 46% of zips have shown an increase or stayed essentially the same in market value.

·         Compared to 1 year ago, we have 85% with a median market value either higher or essentially the same (within +/-5%).  The average 1 yr change over all 13 zip codes was +15%.  In this 1 yr category, with an 59% increase over market values of 1 yr ago, is Kearny Mesa / Linda Vista, we also have North Park with a 46% increase and Downtown with a 45% increase in market value.

Summary:   The below charts give you an excellent overview of San Diego home prices by comparing the percentages of my zip codes that increased and also the overall average change for all zips:
% OF TRACKED ZIPS THAT INCREASED OR HELD STEADY 
COMPARED 
TO: 
CONDOS 
HOUSES 
1 MO AGO 
62% 
56% 
  2 MO AGO 
69% 
83% 
1 YR AGO 
85% 
89% 

Keep in mind that my 13 zip codes for condos and 18 zip codes for houses, are only a portion of the entire San Diego picture. It is the norm for any one particular zip code to have a positive increase in market values for 1, 2, or 3 months and then in other months to see a decrease in market values. This is particularly common with changes in the season such as during the winter holiday season.

Bottomline - while prices may go up & down within any given year-long period, what we are really looking for is a general increase from year to year so that within that year, the rise of the "up" months is higher and thus outweighs the dips of the "down" months. The movement in some zips may be slow for sure, but, it is still movement and those lagging behind the upward trend in San Diego and in the county as a whole, will all catch up in due time!
OVERALL AVERAGE CHANGE
OF ALL TRACKED ZIPS COMBINED
 COMPARED
TO:
CONDOS
HOUSES
1 MO AGO
UP +7%
DWN -4%
  2 MO AGO
UP +11%
UP +5%
1 YR AGO
UP +15%
UP +7%

For more info on real estate issues and concerns in San Diego, scroll down to Average 15-Year Fixed-Rate Mortgage Breaks Barrier, Falls To 2.97 Percent" and for even more info, "Understanding Mortgage Rates - NASDAQ.com".

Cheers Again Until Next Month!  - Peg

Mary "Peg" Heying
REALTOR® - CA DRE License # 01726709
Prudential CA Realty
890 W Washington St.
San Diego, CA 92103
Cell:  (619) 301-8589

Posted via email from RealtorPeg

San Diego Clairemont Area Median Condo Prices thru May 2012

MED CONDO PRICES 201205 Clrmt.pdf Download this file

Greetings All,

The latest in San Diego SOLD condo prices through May, 2012.

For CONDOS, in the 13 different zip codes which I track, the median sold prices look like:

·         Compared to 1 mo ago, 62% of zips either went up in market value or stayed essentially the same (within +/-5% median market value) over values of the prior month. The average 1 mo change over all 13 zip codes was +7%.  Most notable of these was Kensington / Normal Heights with a 39% price increase on 13 condos sold and Bay Park / Old Town with a 30% price increase on 15 condos sold in the subject month.

·         Compared to 2 mos ago, the market value of 69% are still either at a higher value or stayed essentially the same (within +/-5%) over the median values of 2 months prior.  The average 2 mo change over all 13 zip codes was +11%.  Here we have our leader being Bay Park / Old Town with an 89% increase along with Kearny Mesa / Linda Vista with an 45% increase. Also, over both of the past 2 mos straight, 46% of zips have shown an increase or stayed essentially the same in market value.

·         Compared to 1 year ago, we have 85% with a median market value either higher or essentially the same (within +/-5%).  The average 1 yr change over all 13 zip codes was +15%.  In this 1 yr category, with an 59% increase over market values of 1 yr ago, is Kearny Mesa / Linda Vista, we also have North Park with a 46% increase and Downtown with a 45% increase in market value.

Summary:   The below charts give you an excellent overview of San Diego home prices by comparing the percentages of my zip codes that increased and also the overall average change for all zips:
% OF TRACKED ZIPS THAT INCREASED OR HELD STEADY 
COMPARED 
TO: 
CONDOS 
HOUSES 
1 MO AGO 
62% 
56% 
  2 MO AGO 
69% 
83% 
1 YR AGO 
85% 
89% 

Keep in mind that my 13 zip codes for condos and 18 zip codes for houses, are only a portion of the entire San Diego picture. It is the norm for any one particular zip code to have a positive increase in market values for 1, 2, or 3 months and then in other months to see a decrease in market values. This is particularly common with changes in the season such as during the winter holiday season.

Bottomline - while prices may go up & down within any given year-long period, what we are really looking for is a general increase from year to year so that within that year, the rise of the "up" months is higher and thus outweighs the dips of the "down" months. The movement in some zips may be slow for sure, but, it is still movement and those lagging behind the upward trend in San Diego and in the county as a whole, will all catch up in due time!
OVERALL AVERAGE CHANGE
OF ALL TRACKED ZIPS COMBINED
 COMPARED
TO:
CONDOS
HOUSES
1 MO AGO
UP +7%
DWN -4%
  2 MO AGO
UP +11%
UP +5%
1 YR AGO
UP +15%
UP +7%

For more info on real estate issues and concerns in San Diego, scroll down to Average 15-Year Fixed-Rate Mortgage Breaks Barrier, Falls To 2.97 Percent" and for even more info, "Understanding Mortgage Rates - NASDAQ.com".

Cheers Again Until Next Month!  - Peg

Mary "Peg" Heying
REALTOR® - CA DRE License # 01726709
Prudential CA Realty
890 W Washington St.
San Diego, CA 92103
Cell:  (619) 301-8589

Posted via email from RealtorPeg

San Diego Uptown Area Median House Prices thru May 2012

MED HOUSE PRICES 201205 Uptown.pdf Download this file

Greetings All,  

The latest in San Diego SOLD house prices through May, 2012.

For HOUSES, in the 18 different zip codes which I track, the median sold prices look like:  

·       Compared to 1 mo ago, 56% of zips either went up in market value or stayed essentially the same (within +/-5% median market value) over values of the prior month. The average 1 mo change over all 18 zip codes was -4%.  Most notable of the increases was Pacific Beach with a 15% increase on 18 houses sold.

·       Compared to 2 mos ago, the market value of 83% are still either at a higher value or stayed essentially the same (within +/-5%) over the median values of 2 months prior. The average 2 mo change over all 18 zip codes was +5%.  Here we have our leader being Hillcrest / Mission Hills with a 49% increase and South Park / Golden Hill with a 21% increase. Also,over both of the past 2 mos straight, 44% of zips have shown an increase or stayed essentially the same in market value.

·       Compared to 1 year ago, we have 89% with a median market value either higher or essentially the same (within +/-5%).  The average 1 yr change over all 18 zip codes was +7%.  In this 1 yr category, with a 33% increase over market values of 1 yr ago, is South Park / Golden Hill while Pacific Beach had a 25% increase and Kearney Mesa / Linda Vista had a 23% increase.

Summary:   The below charts give you an excellent overview of San Diego home prices by comparing the percentages of my zip codes that increased and also the overall average change for all zips:
% OF TRACKED ZIPS THAT INCREASED OR HELD STEADY 
COMPARED 
TO: 
CONDOS 
HOUSES 
1 MO AGO 
62% 
56% 
  2 MO AGO 
69% 
83% 
1 YR AGO 
85% 
89% 

Keep in mind that my 13 zip codes for condos and 18 zip codes for houses, are only a portion of the entire San Diego picture. It is the norm for any one particular zip code to have a positive increase in market values for 1, 2, or 3 months and then in other months to see a decrease in market values. This is particularly common with changes in the season such as during the winter holiday season.

Bottomline - while prices may go up & down within any given year-long period, what we are really looking for is a general increase from year to year so that within that year, the rise of the "up" months is higher and thus outweighs the dips of the "down" months. The movement in some zips may be slow for sure, but, it is still movement and those lagging behind the upward trend in San Diego and in the county as a whole, will all catch up in due time!
OVERALL AVERAGE CHANGE
OF ALL TRACKED ZIPS COMBINED
 COMPARED
TO:
CONDOS
HOUSES
1 MO AGO
UP +7%
DWN -4%
  2 MO AGO
UP +11%
UP +5%
1 YR AGO
UP +15%
UP +7%

For more info on real estate issues and concerns in San Diego, scroll down to Average 15-Year Fixed-Rate Mortgage Breaks Barrier, Falls To 2.97 Percent" and for even more info, "Understanding Mortgage Rates - NASDAQ.com".

Cheers Again Until Next Month!  - Peg
Mary "Peg" Heying
REALTOR® - CA DRE License # 01726709
Prudential CA Realty
890 W Washington St.
San Diego, CA 92103
Cell:  (619) 301-8589
Website:  http://www.realtorpeg.com/

Posted via email from RealtorPeg