Everywhere you look, newspaper A is filing for bankrupcy, while newspaper B is struggling to survive. People, newspapers are DEAD. the new age of information is the internet. Advertising, chatting, sending, informing... these are all converting to the internet format. Audiences are changing very rapidly. According to Jupiter stats, in 2007, 78% or 88.7 million households in the US had internet access. Why are Realtors still targeting Print AD? The same money spent on Print AD has longer effects on Google Rankings. Newspaper, from now on is the last path of viable information. the dawn of the computer has arisen. Craigslist is the number 1 goto site for things for sale and barter. Facebook, twitter, linkdin have a VERY strong user base, News on these sites spread like wild fire. Here's an article from Base 10 Blog Link
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Do you or someone you know have some items you want to donate for a good cause?
The Market (formerly the Hinsdale Attics Show) has a resale shop at the event, called "The Attic". 100% of all the proceeds from The Attic's sales go to support the programs and services of the Community House.
The Market (and The Attic Sale) will be held September 18-20th, 2009 at the Community House.
Donations of furniture (no sofa beds), sliver pieces, household items, and boutique items are be accepting NOW unitl September, you may drop off your items at The Community House 415 West 8th Street, Hinsdale or call for a pick up 630-323-7500 ext 0.
U.S. Housing Secretary Tom Donovan announced yesterday FHLHA (the government entity overseeing Fannie Mae and Freddie Mac loans) will begin offering refinance loans to qualified borrowers at amounts up to 125% of the property's current Loan to Value (LTV).
This means all those folks out there who have been paying their mortgages, watching prices fall and could not refinance to take advantage of better loans and lower rates now have choices, and good ones.
The terms are expected to fall in line with conventional purchase loans in terms, rates and fees.
TELL YOUR CLIENTS!
This should keep some families in place, avoid short sales, and lower the foreclosure rate over time. To all of us, it means one more way inventory will go down, and lessen new listings.
Its easy to get this kind of information delivered to you every day, and you need to be an expert not only on areas you serve, but what the choices are for financing homes in your market. it is a changing landscape and knowing it will bring benefit to your clients and closings to you.
Simple things you can do to know more:
follow blog posts on sites like trulia voices, activerain and Zillow.
set up Google news alerts around key words like FHA, Tom Donovan, etc and get a daily email of links.
If you are interested in going to a really fun fest this summer check out the Edison Park Fest on August 14th thru 16th. Its located on Olmsted between Oliphant & Overhill. Hours for the 14th: 5-11pm for the 15th: Noon-10pm and the 16th: 11am-9pm. Call 773-631-0063 for more info.
Show your clients and folks who don't know you (yet) you are an expert - write blog posts - and get referrals from new sources!
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Broker Open House next Wednesday, June 24th 11am to 1pm 10321 Kilbourn Avenue Oak Lawn, IL
Lunch Courtesy of Mike Dusza, Guaranteed Rate. Hope to see you there. View Virtual Tour http://www.tourfactory.com/519004
NEW PRICE OF $229,400 PLUS A $7,500 CREDIT FROM THE SELLER FOR A NEW GARAGE!
This is perfect for a first time homebuyer. Two bedroom and two bath with a 1st floor family room and finished basement. Home features: hardwood floors, neutral décor, wood burning fireplace in large family room with vaulted ceiling, eat-in kitchen, wet-bar in basement which also includes a full bath and utility room. Tons of storage space. Fenced yard with garden area and patio. 13 Month Home Warranty also included. This is NOT a short sale or foreclosure. Use your tax credit to give this home your personal touch!
Recently reduced fantastic HinsdaleTownhome in Chanticleer
NOW $238,500!!!
I will be having an Open House on Sunday, June 28th 1-3pm Send your buyers!!
2 Bedrooms, 1.5 Baths, 1 car garage, low assessments