Contest Description:
MentorLynx is putting on a simple contest. Show us real estate seminar advertisements that you’ve recently received. Cliff Gager, Paula, and I (JT) are going to select one advertisement winner for each category. The person who sent in the advertisement of the selected winner will receive (1) Home Depot store gift card for a value of $25.
Contest Categories:
Most Hilarious
Most Legally Questionable
Secret Mystery Category (to be decided later)
Go through your email and your junk mail. When you have them, here’s how you can send them to us.
Via email:
customersupport@mentorlynx.com
Suject title: Real Estate Ad Contest
Via mail:
MentorLynx
Real Estate Ad Contest
43300 Business Park Dr., Suite 204
Temecula, CA 92590
Via fax:
951-699-9330
Good luck!
Contest ends October 15th at 5:00 p.m. PST.
*If we think the advertisement is fake or altered in any way, we will not include the advertisement in the contest.
Monday, September 13, 2010
Friday, September 10, 2010
In The First Week of September 2010, New Home-Purchase Applications Increase by 6.3%
Side Note:
If you’re already signed up for the MentorLynx weekly newsletter, then you’ll notice we highlighted this exact article in the newsletter. I, JT, created the newsletter toward Thursday evening. Usually, I create the newsletter earlier in the week. I sent the article for comment to MentorLynx Mentor and Trainer Eric Von Heal and he responded as soon as he got it; however, by the time I received his response the newsletter had already been sent out. With that out of the way…
Article: Purchase Mortgage Applications Post Largest Rise Since May
Author: Nick Timiraos
Publication: Wall Street Journal
Full Article
Quick Summary of Article:
The housing crisis might be double-dipping; however there was a small positive signal last week. Wall Street Journal Writer Nick Timiraos wrote that new home-purchase applications increased by 6.3% from the previous week due to near-record low mortgage rates. “Purchase applications hit their highest level since the end of May, but home-buying activity is still way off of levels seen earlier this year, when tax credits juiced sales,” wrote Timiraos.
Comment:
The loss of the tax incentive has caused sales to decrease but with 30-year fixed-interest rates at 4.5% and real estate prices as low as they are, anyone considering buying a home should act now. The market prices of 4-5 years ago were so high that many people could not afford to purchase a home. The market conditions of today make home buying a reality for a larger segment of the population. With the concern of interest rates increasing, this window of opportunity will not remain for long.
Comment By:
MentorLynx Mentor and Trainer Eric Von Heal
--
What are your current and potential buyers saying about current housing prices?
If you’re already signed up for the MentorLynx weekly newsletter, then you’ll notice we highlighted this exact article in the newsletter. I, JT, created the newsletter toward Thursday evening. Usually, I create the newsletter earlier in the week. I sent the article for comment to MentorLynx Mentor and Trainer Eric Von Heal and he responded as soon as he got it; however, by the time I received his response the newsletter had already been sent out. With that out of the way…
Article: Purchase Mortgage Applications Post Largest Rise Since May
Author: Nick Timiraos
Publication: Wall Street Journal
Full Article
Quick Summary of Article:
The housing crisis might be double-dipping; however there was a small positive signal last week. Wall Street Journal Writer Nick Timiraos wrote that new home-purchase applications increased by 6.3% from the previous week due to near-record low mortgage rates. “Purchase applications hit their highest level since the end of May, but home-buying activity is still way off of levels seen earlier this year, when tax credits juiced sales,” wrote Timiraos.
Comment:
The loss of the tax incentive has caused sales to decrease but with 30-year fixed-interest rates at 4.5% and real estate prices as low as they are, anyone considering buying a home should act now. The market prices of 4-5 years ago were so high that many people could not afford to purchase a home. The market conditions of today make home buying a reality for a larger segment of the population. With the concern of interest rates increasing, this window of opportunity will not remain for long.
Comment By:
MentorLynx Mentor and Trainer Eric Von Heal
--
What are your current and potential buyers saying about current housing prices?
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