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September 2006
Melinda Flynn Newsletter
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It is my goal through these e- newsletters to bring you information that is helpful and informative for you. Feel free to take the meat and throw away the bones! If you have any comments or suggestions for future articles, please let me know.

As always, if you or someone you know is interested in selling or buying in the South Bay with an organized, proactive, efficient real estate agent, I would love to help them. Just forward me their information and I'll be happy to follow up with them.

Happy Fall!

Melinda

310-265-4222 Direct


Client "Meet n Greet" Party a Success!

I recently hosted a Meet 'n Greet party for some great clients and their neighbors. About 30 adults and 30 children filled the house with laughter and chatter. Food, drink, and goodie bags were provided. Take a peek at the 60-second online photo show now posted at ManhattanBeachNeighbors.com (follow the photos links).

Just another way I provide value to my database "above and beyond real estate!"

What will it be next time?


Featured Business: Eric Snyder with The Mitchell Group of First Capital Mortgage

I have a small handful of lenders that I recommend for loans because I am particular about the kind of lender I work with during a real estate transaction. We need someone responsive, available, and willing to go the extra mile when problems arise. Eric Snyder of First Capital Mortgage does what it takes to get the job done, and provides service above and beyond the call of duty.

In September's Item of Value in the mail, I have included some information about Eric and the team he works with. Please visit The Mitchell Group website at www.candoloan.com and give Eric a call at 310-308-2954 with your property financing questions for investment, residential, or refinancing.


Buyers & Sellers

Visit my real estate website for articles and tips on the home buying or home selling process. You can even use the Mortgage Calculator to estimate payments and different financing scenarios.


Books I'm Reading
Book








  1. The Power of Focus, Jack Canfield et al. "How to hit your business, personal, and financial targets with absolute certainty"
  2. Nutripoints, Dr. Roy Vartabedian & Kathy Matthews "Healthy eating made simple"
  3. The Bible, God
  4. Realtor Magazine, RIS Media "Real estate trends"


Melinda's View on the Local Real Estate Market

You will hear many agents and media saying that fall/winter is a slow time of year for real estate sales. However, it is typically my busiest time and I love working with motivated clients! I encourage any would-be buyers and sellers to make it happen during this time especially this year. Here are a few good reasons:

  1. Motivated sellers will keep their property listed during the winter months. Those listed for 100+ days may consider taking less than asking price to move the property. Sellers: only list if you are motivated to sell at a competitive market price...it is not a good time to "test" the market! Price it right ("right" meaning within fair market value of similar recently CLOSED properties in your neighborhood) and it will sell.
  2. Serious buyers are looking for bargains from motivated sellers.
  3. Professional real estate agents are out there working hard in their business to get the job done.
  4. Interest rates remain historically low. Since I have been in the business 5 years, I have not seen interest rates at 18% or more, as some of my colleagues who have been in the business for 20 years. It is still a great time with rates under 8%!
All of these factors together create an ideal time for investing in real estate. It appears that "prices are coming down"; they are coming down to a normal rate as opposed to the last few years on the rise. Real estate prices overall continue to rise although they may take a dip from time to time.

If you would like to see a 5-year trend in your neighborhood, let me know.


Top 10 Websites (+1) for Homeowners

  1. Decorating
  2. Financial Planning
  3. Food
  4. Furnishings
  5. Gardening
  6. General
  7. Health
  8. Home Improvement
  9. Legal
  10. Technology
  11. Local Real Estate Resource (Bonus Site!)


Manhattan Beach Neighbors Website: See What's Happening in Manhattan Beach
There is always something new at ManhattanBeachNeighbors.com! The site is updated monthly...have you checked in lately? See photos from the Pirates of the Carribean's "Black Pearl" ship, check out the latest "Today's Life Solutions: Everyday Problems Solved," and more!

See what's all a bustle in Manhattan Beach. You can add your own photos, share recipes, see current local movie listings and times, and more!


www.ManhattanBeachNeighbors.com

phone: 310-265-4222
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