Oct
27
Posted (Roy McKenzie) in Community, Events on October-27-2008

PMZ agents Terrie Green, Terry Hedrick-Faught, Carolyn Stilphen & Dan Holly helped the Lodi Association of Realtors raise money for local charities at Woodbridge Country Club last Wednesday. Over 75 agents came out to help raise money and enjoy a game of golf and a dinner barbeque.



 
Oct
27
Posted (Tony Frerking) in Featured on October-27-2008
Both Stocks and Bonds have seen wild swings this morning, as concerns over the potential for a global recession increase.

In other news, New Home Sales came in higher than expected and the inventory of unsold homes fell to its lowest level in four years. The rest of the week is full of economic reports, but the main focus will be on Wednesday, when the Fed will likely cut the Fed Funds Rate anywhere from 50 to 75 basis points.

Currently, Mortgage Bonds are trading below an important level of support, and my sources indicate that a rate cut on Wednesday is very likely.

 

“Your Partner In Success!”

Tony Frerking

Sr. Mortgage Consultant

PMZ Home Loans

1600 N. Carpenter Rd. Ste. C

Modesto, CA 95351

(209) 404-2200 - Phone

(209) 254-7142 - Fax

 



 
Oct
24
Posted (Roy McKenzie) in Featured on October-24-2008

1000watt Consulting and RealTrends issued a report on October 21, 2008, “The Top Ten Real Estate Brokerage Websites in America,” naming PMZ.com #7 on their list. 

The report is based on a detailed examination of the corporate websites maintained by the 500 largest brokerage companies in the country as established by RealTrends’ annual RealTrends 500 list. PMZ Real Estate ranked 124th on the 2008 list. 

Over the course of a three month period, the 500 websites were reviewed based on several criteria including usability, content, features and design. 

Excerpts from the report include:

 

  • PMZ Real Estate’s attention to educating clients through real-time graphed market data
  • Agent search, often a weak area on brokerage sites, “is done very well, offering search by language right from the home page,”
  • PMZ is in “an area particularly hard hit by the foreclosure crisis,” and the company clearly “knows its customer and has responded to its market,”
  • What’s Happening in My Neighborhood is a powerful tool that is useful to clients.

 

PMZ.com was launched in 1997 and is the area’s most popular real estate website with an average 200,000 visits a month. PMZ Real Estate invests a significant amount of resources into the site to keep it fresh and up to date with exclusive tools and services.

No other local brokerage site was included in the Top 10 report. In addition, the report criticizes “one-size-fits-all website templates” often found with some of the national franchises. The report states, “Two national brands well represented in the RealTrends 500 painted an almost universally dismal web picture due to circa-1998 affiliate website templates.”

Download and Read the Full Report here: Top 10 Broker Sites



 
Oct
24
Posted (Tony Frerking) in Featured on October-24-2008
US Stock markets are plummeting this morning after heavy selling took place in Asia overnight and Europe today. The sell-off in Stocks hasn’t helped Mortgage Bonds, however, as prices have broken below key levels of support.

Some good news this morning comes in the form of Oil and existing home sales. Oil prices are down $4 to nearly $64 per barrel, despite an announcement that OPEC will cut oil production. And, in the housing market, existing home sales jumped 5.5% last month to a 13-month high.

 

“Your Partner In Success!”

Tony Frerking

Sr. Mortgage Consultant

PMZ Home Loans

1600 N. Carpenter Rd. Ste. C

Modesto, CA 95351

(209) 404-2200 - Phone

(209) 254-7142 - Fax

tfrerking@pmzloans.com

 

 



 
Oct
23
Posted (Roy McKenzie) in Featured, Mortgage on October-23-2008

PMZ Home Loans is pleased to announce the availability of the CalSTRS loan for California teachers. CalSTRS can help you purchase the home of your dreams, with low down payment and affordable monthly payments.

Call a PMZ Home Loans professional.

Stockton Area - (209) 952-2301

Modesto Area - (209) 572-2301



 
Oct
23
Posted (Tony Frerking) in Featured on October-23-2008

Mortgage Bonds are bouncing around this morning, but remain above an important floor of support at the 200-Day Moving Average. Also this morning, Stocks are trading lower after getting hammered the last several days.

In other news, the Initial Jobless Claims came in at 478,000 and the four-week average of continuing claims rose to its highest level in more than five years. With Goldman Sachs eliminating 3,200 jobs and other firms cutting back too, the upcoming Jobs Report may continue to look bleak.

 
“Your Partner In Success!”

 

Tony Frerking
Sr. Mortgage Consultant
PMZ Home Loans
1600 N. Carpenter Rd. Ste. C
Modesto, CA 95351
(209) 404-2200 - Phone
(209) 254-7142 - Fax

tfrerking@pmzloans.com



 
Oct
22
Posted (Roy McKenzie) in Community, Events, Featured on October-22-2008

Join the Central Valley Professional Exchange, October 25, 2008 at 9PM at Galletto Ristorante in downtown Modesto for ShadowFest;  An all night party featuring San Diego (and Modesto native) DJ BDP.

There will be a $500 CASH! Costume Contest so dress to scare the pants off the judges!

Proceeds will go to benefit underprivileged children of local elementary schools.

The Central Valley Professional Exchange is a Modesto-based not-for-profit organization dedicated to improving the quality of life in our community through service, support and participation.

 



 
Oct
22
Posted (Tony Frerking) in Featured on October-22-2008

Stocks are facing selling pressure this morning, as fears of a global recession have ticked up on the heels of poor earnings reports by Merck, Wachovia, and Boeing. As a result, Bonds are trading higher.

In other news, oil is trading at the lowest levels since August 2007, which is good news for inflation and is also adding to the boost in Bonds.

There are no economic reports to sway the markets today.

 

“Your Partner In Success!”

Tony Frerking
Sr. Mortgage Consultant
PMZ Home Loans
1600 N. Carpenter Rd. Ste. C
Modesto, CA 95351
(209) 404-2200 - Phone
(209) 254-7142 - Fax

tfrerking@pmzloans.com



 
Oct
21
Posted (Roy McKenzie) in Offbeat on October-21-2008



 
Oct
21
Posted (Roy McKenzie) in Community on October-21-2008

Barely a couple of days into his vacation and we’re already getting pictures from Phil Levin.  He is spending some vacation time in China right now with his wife Darlene.

First picture is one of Phil and Darlene on the Great Wall of China:

Phil and Darlene Levin at the Great Wall of China