Melinda Flynn

Real Estate eNews & Updates

September 2009
Greetings!   
Happy Fall!
 
As you may know, relationships are the focus of my referral-based business. I am not interested in "just" selling houses; I am interested in building relationships that will outlast our real estate transaction together. In an effort to connect with you this season, I am planning a series of events to come out and visit with you, my client and referral base. I will be seeing you soon! 
 
In the meantime, if you or any of your friends, family, co-workers or neighbors are in need of a good agent for real estate service or advice, please don't hesitate to contact me.
 
Melinda Flynn
310-265-4222 Direct
310-728-5795 Cell
 
In This Issue
*House Hunting
*Inflation is on the Rise: Why This May Be Your LAST CHANCE to Sell or Buy at Reasonable Rates
*In the Mail
 House Hunting
Treehouse Joke
 
"Sorry, that tree-house is already in escrow, there were 7 offers on it!" This may sound familiar to some of my current buyers, as some markets are very hot right now (don't worry, we WILL find you something!!).
 
In a buyer's market, things that are priced right for what they offer are seen as "good deals" in the buyer's eyes, often generating multiple offers. It helps to have your financing all set from a reputable lender.
 
When you're ready to house hunt, call me for some great lender referrals for your pre-qualification.
 
If you're looking to buy, feel free to set up a ListingBook account to BUY A HOME (or keep an eye on what's new in your preferred area).
 
If you're a seller, interested in the home sales in your neighborhood, feel free to set up a ListingBook account to SELL A HOME (or keep watch on my neighborhood sales).
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Inflation is on the Rise: Why This May Be Your LAST CHANCE to Sell or Buy at Reasonable Rates
Arthur B. Laffer advised readers to "Get ready for inflation and higher interest rates" (Wall Street Journal, June 11, 2009).
 
There are some buyers waiting for home prices to continue to drop; however when rates go from 5% to 7%, it is the equivalent of a 20% increas in price to the borrower, as you will see illustrated on the chart in this helpful flyer: This May Be Your Last Chance. This simple flyer explains how inflation and rates affect the price a buyer pays (note: the prices on the chart are low prices, but the same principles apply to all price ranges).
 
If you would like an update on your neighborhood's current activity and sales, or if you simply want to discuss anything real estate, don't hesitate to call me. 
In the Mail: "Saving for Peace of Mind"
Mail boxThis month's Item of Value* was about careful planning and saving. It's not enough to put your money in a mattress anymore and sit on it for that rainy day. Careful budgeting and making the right choices about where you keep your money can go a long way.
 
Sneak Peak at next month's Item of Value: "Feeling Squeezed by Your Homeowner's Insurance?"
 
*If you live [or know people] in the LA/South Bay and would like to receive my monthly Items of Value in the mail, please contact me with your mailing address or sign up for my Client Appreciation Program here.