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Economic Update 07.06.09

On Tuesday, June 30, the Conference Board reported that its consumer confidence index fell to 49.3 in June from a slightly revised 54.8 in May. Economists had expected an increase to 55. The index was bench-marked at 100 in 1985, a year chosen because it was neither a peak nor a trough in consumer confidence.
The [...]


Who Are Buying Homes Now?

In some housing markets, buyers are back, spurred on primarily by the drop in housing prices. That drop has substantially reduced the monthly cost of homeownership, creating conditions where owning a home is less costly than renting one.


The Power of Value-Driven Marketing

Many companies are like acquaintances who always want something from you, but never give anything in return. They bombard you with offer-driven marketing, a strategy designed to generate new business through endless discounts and special promotions.
While offer-driven marketing focuses on transactions, the goal of value-driven marketing is to create business through long-term relationships. Value-driven marketing [...]


Posted in Realtor Resources, Sat, 13/06/09 | 0 comments

Extra Extra! Great News!

Todd Duncan Joins Prospect Mortgage as Chief Performance Officer - Prospect Mortgage (www.MyProspectMortgage.com) has announced that Todd Duncan, a renowned motivational speaker, sales trainer and best-selling author, has joined the company to lead a comprehensive sales, leadership and time management training program designed to drive its national sales team to the highest performance level in the industry.


Home sales rise 2.9%, boosted by bottom fishing

Here is just some further insight from MarketWatch into housing sales and the state of the housing market. While the numbers of sales rise, prices are have steadily dropped to near 2002 levels.
Prices drop 15.4% while inventories continue to climb
WASHINGTON (MarketWatch) - Boosted by bottom fishers snapping up foreclosures and by incentives for [...]


Posted in Blog, Economic Updates, Realtor Resources, Wed, 27/05/09 | 0 comments

The 5 Laws of Display Ads

Experts say customers make up their minds within seconds if they will pay serious attention to your print advertisement. Here’s how to get it noticed:
High-impact graphic - A high-impact visual helps make your ad stand out from the competition. About 90% of viewers will look at the ad’s visual before reading the headline. So, if [...]


Posted in Blog, Marketing Tips, Realtor Resources, Wed, 27/05/09 | 0 comments
Remodel Loan Specialist
In today's economic downturn loans are harder to come by than in the good old days. Loans that allow you to remodel (cash out loans) are almost non existent with a LTV (loan-to-value) over 80%. Banks have tightened their belts and restricted the loans they will make in response to the toxic debt they now carry on their balance sheets. So where do you turn? Who is stepping forward to help you the homeowner during these difficult times? I'd like to introduce myself, my name is Eric Storm. I lend in all 50 states and I live in Fort Mill, SC. I have been in the mortgage lending business for 14 years, through all the ups and downs several times. You can be sure of one thing, when you choose me as your loan officer you will get all the options available and I will help find the best mortgage for you.
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