Monday, August 31st, 2009

Gratitude:
I am grateful for experiencing the contrast in my RE business lately and it has given me lots of clarity over the weekend on what I need to do.
I am grateful to have written down about 10 inspired actions for what I need to do in my RE business to become successful.
For example:
2.5 hours of prospecting daily
15 contacts or 1 qualified appt per day.
Get back to 24 hr fitness class every morning. (mental discipline)
Go to bed at 9pm and wake up 4:30am 5 days a week
Read my affirmations 3 time per day.
Role play twice per week
Track my numbers for 30 days to create a habit.

Intention:
Feel good
Let go of any anger and frustration, it is all good.
Stand in the vision and know its all working out perfectly.

Delegation:
I am thankful for my Divine Team (Universe/God/Dad) for assisting me with…
Partnering up with at least one bank to handle their REO (Real Estate Own from bank) account and they and I work out perfectly or something better.
Receiving at least 1 qualified appt per day/ 5 days a week on someone who needs to buy or sell RE or s.b.
Aligning myself with the perfect group/organization/builder/bank that has multiple deals (20+ per month) in RE that they need a great real estate group like mine to handle it all for them or s.b.
Having the buyer who made the offer on my listing 59th waive the inspection this week and they move forward on closing in the next 30 days and she bought the new home she wanted or s.b.
Having all my listings receive perfect offers on them that the sellers and the buyers all love it and they all close in the next 30 days with ease or s.b.

@ my friend new business call …

@ my friend new business call Link Staffing Service Grand Opening in Renton with the Mayor of Renton.

At Clay Lacy Aviation@boeing f…

At Clay Lacy Aviation@boeing field looking at the new Bentley GT SuperSport and all the new private jet. What a inspiration:)

Thursday, August 27th, 2009

Mediation and Working Out:
Done

Gratitude:
I am grateful for waking up this morning and going for a run when I didn’t feel like it and I did anyway, that helps me build my mindset.
I am grateful for the 4 leads I got yesterday from two different banks on their REO.
I am grateful for taking Camie and my two kids out for a drive yesterday after dinner and they loved it.
I am grateful for . . . house is signed around and now buyers are doing the inspection Friday and . . . found the dream home for her to move into.
I am grateful that I am becoming clearer and clearer on my own process for success and eager to put it on paper.
I am grateful for our movie and the radio show for moving forward more and more everyday.

Intention:
I am intending today to…
Feel good
Let go and stop being attached to the outcome
Be in inspired action
Stand in the vision and listen and look for the inspired action to come thru me

Delegation:
I am thankful for my Divine Team (Universe/God/Dad) for assisting me with…
Receiving $1million dollars on or before 12/31/09 for my work of making a difference to the people thru real estate or something better.
Helping First Place . . . for the price where buyer, seller and bank are all happy and it close in 2 week or s.b.
Getting clear on my what is my secret sauce is for success and packaging it into a book, lesson or something better.
Having all my new websites up and working by Sept 30, 2009 and it is creating 1,000,000 new visits per day and they come back on an average of 20 times or s.b.
Having my listing on 33rd be sold or rented out on or before the next 30 days or something better.

Welcome to the bottom: Housing begins slow rebound

From The Associated Press

Welcome to the bottom: Housing begins slow rebound

By ADRIAN SAINZ, DAVID TWIDDY, DANIEL WAGNER, ALEX VEIGA (AP) – Aug 1, 2009

It was — note the past tense — the worst housing recession anyone but survivors of the Great Depression can remember.

From the frenzied peak of the real estate boom in 2005-2006 to the recession’s trough earlier this year, home resales fell 38 percent and sales of new homes tumbled 76 percent. Construction of homes and apartments skidded 79 percent. And for the first time in more than four decades of record keeping, home prices posted consecutive annual declines.

A staggering $4 trillion in home equity was wiped out, and millions of Americans lost their homes through foreclosure.

Now take a deep breath and exhale. The worst is over.

By every measure, except foreclosures, the housing market has stabilized and many areas are recovering, according to a spate of data released in the past two weeks. Nationwide, home resales in June are up 9 percent from January, on a seasonally adjusted basis. Sales of new homes have climbed 17 percent during the same period. And construction, while still anemic, has risen almost 20 percent since the beginning of the year.

Even home prices, down one third from the top, edged up in May, the first monthly increase since June 2006.

“The freefall is over,” says Dean Baker of the Center for Economic and Policy Research.

The problem is that, Baker, like many economists, expects the housing market will “be bouncing around the bottom” for the second half of the year.

There are also real threats that could poison this budding recovery. The unemployment rate, which is 9.5 percent, is expected to surpass 10 percent, leaving even more homeowners unable to pay their mortgages. Mortgage rates could rise, making homeownership less affordable. And the federal tax credit for first-time homebuyers, which as lured many into the market, is set to expire on Nov. 30.

“As long as jobs are being lost, regardless of all the federal programs out there to help the borrowers, you’re still going to have problems in the housing market,” says Steve Cumbie, executive director of the Center for Real Estate Development at the University of North Carolina’s Kenan-Flagler Business School.

True, but when you’ve got bidding wars for foreclosures in places like Las Vegas, Phoenix and Los Angeles, it’s time to call the bottom.

Copyright 2009 Associated Press

First-Time Homebuyers Race to Beat Deadline for $8000 Tax Credit

From CNBC

Samantha Kielar is scrambling to find a house in Colorado before the doors slam shut on an $8,000 first-time buyer’s tax credit she needs for her downpayment or home repairs.

The clock is ticking fast. Qualified borrowers need to have house offers accepted by the end of September to assure lenders enough time to beat the Nov. 30 federal deadline to close deals, industry executives said.

“I am willing to settle for something” to finish buying quickly, said 20-year old Kielar, who works at the Denver County Jail, and is a part-time student. The tax credit carrot “is speeding up the process,” she said, adding that “$8,000 could help remodel the house, redo carpets and cabinets.”

For loans backed by the Federal Housing Administration (FHA), which require a minimum 3.5 percent downpayment, the $8,000 can be also be applied upfront toward the purchase rather than later on tax returns like other mortgages.

The National Association of Realtors projects 350,000 additional first-time buyers will own homes thanks to the tax credit, said spokesman Walter Malony.

First-time buyers are injecting life into the most severely battered housing market since the Great Depression.

Home sales have risen for three straight months, a ray of hope after three years of tumbling sales that swept prices down more than 30 percent on average and drove record foreclosures.

The state of housing is critical to the overall economy. While stabilizing, housing is unlikely to quickly recover as long as unemployment stays at the highest rate in more than a quarter century, most economists agree.

But various federal stimulus offers, mortgage rates that sank to record lows in April and pockets of economic strength make home buying more fathomable.

Odete Gomes, a 30-year old women’s wholesale clothing buyer in New York City living with her parents and six-year old son, said the soon expiring tax credit “kicked me in the butt to not lose this opportunity” to buy her first home.

“Especially now with the government helping you a little bit, you just gotta go for it,” she said.

Affordability, Obstacles

Average 30-year home loan rates of 5.29 percent in the past week were above the all-time low of 4.78 percent set in April, but much lower than 6.52 percent a year ago, said home funding company Freddie Mac.

Rigid credit standards will prevent the type of wholesale lending that fueled a record home sales and price spree early this decade.

Still, distressed prices, plenty of available properties and low borrowing costs should keep housing from falling apart anew once the home buyer credit disappears, said Gregory Miller, chief economist at SunTrust Bank in Atlanta.

“These programs are giving housing a boost,” he said. “When the tax credit expires, the housing market should have even more legs under it” and gain traction on affordability.

“Housing is on a sustainable path,” Miller added. “We have those who wanted to buy before but couldn’t afford the price, and those who would have bought before but couldn’t sell the existing house. Both of those groups are lined up to buy now.”

The real estate industry is making a full-court press to get the Obama administration to extend the program, though health care and other priorities may derail those efforts.

Realtors said many borrowers remain unaware of the credit and its expiration date.

“There needs to be an extra rush by buyers, because the transactions need to close by Nov. 30 and that will put some types of transactions in peril,” said Sherry Chris, president and chief executive of Better Homes and Gardens Real Estate in Parsippany, N.J.

Once aware, some potential first-time buyers, who tend to be younger and have less savings, will be unable to clean up their credit enough to get loans approved for the deadline.

Documentation has intensified since the financial crisis spawned by massive losses on loans made when standards were lax. The process has been prolonged as a result.

Gomes, who with a friend is buying a new $280,000 home in Newburgh, New York with an FHA loan, has an estimated closing date of Sept. 30, almost two months from purchase commitment.

Some transactions, including foreclosures and short-sales, take much longer to complete.

Property owners are also expected to sweeten offers to lure potential buyers to capitalize on demand spurred by the tax credit in its final stages.

“It wouldn’t surprise me if sellers started coming out of the woodwork and began to offer incentives and began to become a little more proactive in selling their homes,” Chris said.

Copyright 2009 Reuters

Home Sales Rise Most In 10 Years

From CNBC

Home sales rise most in 10 years

Sales of existing homes rose 7.2 percent in July, industry group says, with first-time buyers rushing into the
market and foreclosed properties going at fire-sale prices.

WASHINGTON - The U.S. housing market is improving quicker than expected, with home resales in July posting the largest monthly increase in at least 10 years, as first-time buyers rushed to take advantage of a tax credit that expires this fall.

The National Association of Realtors said Friday that home sales rose 7.2 percent to a seasonally adjusted annual rate of 5.24 million in July, from a pace of 4.89 million in June. It was the fourth-straight monthly increase and the highest level of sales since August 2007. Sales had been expected to rise to an annual pace of 5 million, according to economists surveyed by Thomson Reuters.

“The housing market, with today’s strong rise in sales, has decisively turned for the better,” said
Lawrence Yun, the trade group’s chief economist. Sales of foreclosures and other distressed properties made up about a third of all transactions last month, down from nearly half earlier this year. In places like San Diego and Orlando, buyers are snapping up foreclosed properties at deep discounts, and real estate agents are pressing banks to release more foreclosures onto the market. Those sales helped drag down the median sales price by 15 percent to $178,400.

First-time buyers must complete their sales transactions by the end of November to take advantage of a tax credit of 10 percent of the purchase price, up to $8,000. The real estate industry is lobbying Congress to get the credit extended.
“It would be unfortunate to see the momentum halted,” Yun said. The inventory of unsold homes on the market rose to 4.1 million, from 3.8 million a month earlier. That’s a 9.4-month supply at the current sales pace, unchanged from June.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Monday, August 24th, 2009

Meditation and Working Out:
Done

Gratitude:
I am grateful for waking up this morning & going for a run & spending time meditating, it feels so good when I am finished
I am grateful to have had the opportunity to speak at Helping Link as the Keynote Speaker and felt that the event was very warm, loving and successful.
I am grateful to have partnered with Lily Jang from Q13 TV as she was the MC and I was the speaker at the Helping Link Fundraiser.
I am grateful to be able to inspire and empower more people about The Power of Contribution at the Helping Link event.
I am grateful to see my mistakes, that way everyday I can learn from them and recommit to something different.

Intention:
I am intending today to…
Feel good
Have faith that my vision will unfold more and more everyday.
Stay in my positive energy and not let anything take me off track.
Look for all the positive evidence of the magic that is manifesting.

Delegation:
I am thankful for my Divine Team (God/Dad/Universe) for assisting me with…
Receiving the call from Jennifer (Yves) assistant today for the list and there are 100’s of addresses or s.b.
Receiving the perfect offer on . . . house and it close smoothly in the next 45 days and she found her perfect house and it closes in the same time or s.b.
Having more and more of my 2014 Vision manifest everyday and I am so grateful or s.b.
Bring me clarity . . . so i can create it and package it and make it available for the people in the world or s.b.

@ The Helping Link Fundraiser …

@ The Helping Link Fundraiser in Seattle and I’m the keynotes speaker. Speaking on The Power of Contribution.

At the Seattle Chapter NAAAP m…

At the Seattle Chapter NAAAP meeting today. Looking how to take the Org. To the next level.

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