Benchmark Title Company, LLC

 

Attitude / Reality

John Howe

Attitude / Reality

The Real Estate and housing market, along with the rest of the economy, is in a mess, just ask the media and they will tell you all about how bad it is and how much worse it will get. Bad news sells, “If it bleeds, it leads”! ! ! !

I DON’T BELIEVE IT! ! ! !  REAL ESTATE IS LOCAL! ! ! ! !

Lets look at the reality of the situation regarding housing and the real estate market for our area.
Interest rates are exceptional right now, as of this writing 6%, give or take quarter of a percent.
Retail sales have not faltered any significant amount; in fact have increased as of the time I am writing this.
Unemployment figures are, according to the media, in terrible shape. The latest figures at this time show a loss of 17,500 jobs nationally. Played up by the media as a total disaster. Figure it out folks, that is only 350 JOBS PER STATE. How many of them were students going back to college after working the Christmas break? Now if you are one of them I understand your plight and wish it were not the case.
I submit to you that Real Estate is LOCAL, what the media is touting is California, New York, Arizona, Florida, yes it is bad in those areas, but not nationally, other than what has been media created.

Here are some facts pulled from Housing Market Facts.com.
Home ownership remains the best long-term investment available: a $10,000 down payment with a typical home price appreciation of 5% will return $110,000 after 10 years. If you invested $10,000 in the stock market with a 10% annual appreciation rate, the result would be $23,600 in 10 years.

On average, the value of a home nearly doubles every 10 years.

For the past 30 years home values have increased an average of 6.6% annually.

The average homeowner has 46 times the wealth of the average renter

Other information from The National Association of Realtors President Dick Gaylord,

Since 2002, Illinois home prices are up more than $40,000, and home values have remained constant in Southwestern Illinois.

So again I say, REAL ESTATE IS LOCAL ! !  We are not in California, New York, Arizona, etc. This is Southwestern Illinois and we are alright. Let your clients know some of this because the media will most certainly not tell them.  

Any questions can be directed to Benchmark Title at 618-239-3750. Please feel free to call or email:  

John Howe
President

Doreen Miller, Esq.
Vice President and General Counsel

Michelle Null
VP Escrow Operations

Bethany Bond
Marketing Director


Serving you from three convenient locations:

Main Office:
1124 Hartman Lane
Shiloh, IL 62221
Ph: 618-239-3750
Escrow Fax: 618-239-3707
Title Fax: 618-239-3757
Fax Orders: 618-310-1589
President: John Howe
www.benchmarktitle.net

318 North Main St.
Columbia, IL 62236
Ph: 618-281-9700
Fax: 618-281-9705
Manager: Randi Schur

4215 S. State Rte 159
Glen Carbon, IL 62034
Ph: 618-288-1695
Fax: 618-288-1852
Manager: Sara Sowell





Dates to Remember


February 22-24 - Metro-East 2008 Home Improvement Show at Belle Clair Fairgrounds, 200 S. Belt East, Belleville, IL
Friday, Feb. 22, 2pm - 9pm, Saturday, Feb. 23, 10am - 9pm, Sunday, Feb. 24, 11am - 5pm

February 22, 2008 - RPAC Trivia Night at 7 p.m. at Bel-Air Bowl. Contact RASI for more information.

February 27, 2008 -  Realtor Business After Hours at Cutter's in Belleville @ 5:30 p.m. No RSVP required.

March 6, 2008 - Benchmark Title Commercial Reception in Honor of Doreen Miller and the Commercial Division from 4:00 p.m. - 7:00 p.m.
1124 Hartman Lane, Shiloh, IL.  Please R.S.V.P. to Kim at (618) 239-3750.

March 15, 2008 - RASI Awards Banquet. 

March 28, 2008 - GGAR Annual Awards Banquet at Collinsville Gateway Center, Collinsville, IL
Reception 6 pm, Dinner 7 pm, Awards Presentation 8:30 pm, Comedian Mark Morfey 9:30 - 10 pm
$30 per person in advance, reservations required by March 12- Fax  to 618-692-8307 or Email to general@gatewayrealtors.com

June 4, 2008 - First Horizon Golf Tournament for Habitat for Humanity at Arlington Golf Course.  Contact Jamie Hollenkamp at 618-288-8656 or at jhollenkamp@firsthorizon.com


 
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