Posted by: Todd Long | September 6, 2008

Lake Norman Real Estate Professionals Friday Update

Notes from Friday Update: 


Rich Hawkins-Community Housing Development Corp of Mooresville 704-799-7641 rhawkinsATwindstreamDOTnet


 Blackberry ekey may be coming by the end of 2008.


CNBC asked the question “Is the housing crises really a crises”

CNBC Housing “Crisis” Report video

Here are some of the highlights.  There are 120 million homes in America.1/3 of all homes are owned free and clear of a mortgage, so that leaves 80 million homes with a mortgage.  ½ of those homes were purchased before the year 2000.  If you purchased before 2000 there has been 53% appreciation since 2000.  So even with this recent pull back in price you are up 34% on a national average.  Over all 95% of mortgage holders pay on time that leave about 4 million homes nationally that are potentially in trouble.  California alone accounts for more foreclosures than 40 other states combined!  Those markets that soared in price the most need to be brought back in line with reality.  This is the free market system at work.  I love this country!  Great job Dennis Kneale with CNBC!


Online meetings for ……wait for it, wait for it……. For FREE

See My

This would be a great tool to use with an out of town client to show them info on the screen with you, such as the Offer to Purchase.


Congratulations to our listing agent of the month for August, Bob Warchol and sales agent of month, Terry Giddens. 


Quote of the week:

When you find yourself on the side of the majority, it is time to pause and reflect

Mark Twain









































































































































































































































































































































































































































































































































































































































































































































































































































































































































  1. Great Idea, Todd… I’m going to start doing that as well. You rock!

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s


%d bloggers like this: