Janice Harper Properties.com

News Release

For Release on July 12, 2010 or enter FOR IMMEDIATE RELEASE in all caps

Local Real Estate Professional Recognized for Million-Dollar Successes

Janice Harper Earns Membership in Prestigious Million Dollar Guild

Charleston, SC, July 12, 2010 Janice R. Harper, of Keller Williams Realty, has been recognized by the prestigious Institute for Luxury Home Marketing for her recent performance in the million-dollar and above luxury home market within the Charleston Tri-County area.

“Real Estate professionals who have earned admittance to The Institute’s Million Dollar Guild not only have specific upper-tier market knowledge, but they also understand the unique needs of affluent buyers and sellers and recognize the importance of being discreet,” said Institute President Laurie Moore-Moore. “Whether you’re buying or selling a multi-million dollar property, you can depend upon The Institute’s Million Dollar Guild members to have the competencies necessary to help you meet your objectives.”

“To have this recognition of my accomplishments in serving Charleston is an honor,” said Janice Harper “It has strengthened my commitment to the community and its residents.”

Members of the Million Dollar Guild are Certified Luxury Home Marketing Specialists (CLHMS) who have documented their success in assisting affluent buyers and sellers with million-dollar properties. The recognition is awarded by the Institute for Luxury Home Marketing which trains real estate agents in the luxury home market and awards international designations to those who meet stringent performance standards.

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Janice Harper has been in the local real estate market since 2004 and specializes in the East Cooper Real Estate market. I work out of the Isle of Palms and Mt. Pleasant Keller Williams offices and serve my clients by being one of the top East Cooper “Real Estate Local Economist.”

About The Institute for Luxury Home Marketing

The Institute for Luxury Home Marketing exists to help real estate professionals around the world provide high quality service to buyers and sellers of luxury properties. Institute members have completed special training to build expertise in the marketing of upscale homes and estates and those who meet performance standards may earn the prestigious Certified Luxury Home Marketing Specialist designation. Information and an international membership list can be found at www.CLHMS.org. Members are also listed on the Wall Street Journal’s RealEstateJournal.com website.

Contact: Janice R. Harper

Broker Associate, Realtor®

Keller Williams Realty

1304 Palm Blvd

Isle of Palms, SC 29451

Telephone: 843-324-8342

Fax: 843-324-8342

Email: janice@janiceharperproperties.com

News Release

SALES PROFESSIONAL EARNS INTERNATIONAL DESIGNATION

FOR LUXURY HOME MARKETING EXPERTISE

Charleston, S.C., July 12, 2010) Janice Harper with Keller Williams Charleston Islands and Mt. Pleasant has earned the prestigious Certified Luxury Home Marketing Specialist designation in recognition of her experience, knowledge and expertise in the luxury home market. “Janice Harper is an example of a real estate professional who has worked to develop market knowledge and the special skills and competencies necessary to provide exceptional service in the fine homes and estates marketplace,” said Institute President Laurie Moore-Moore, upon announcing Ms. Harper’s designation. “Affluent buyers and sellers can turn to sales professionals who have this designation and be confident that they have special expertise and experience in the luxury home marketplace.”

“I am committed to providing outstanding service to my clients,” said Janice “the Certified Luxury Home Marketing Specialist designation is evidence of my ability to meet the needs of affluent buyers and sellers. My membership in The Institute for Luxury Home Marketing also provides me with marketing tools and networking capabilities that benefit my clients.”

Janice Harper is an award-winning real estate professional who has gone through special training and met performance standards in the upper tier market. She has been in real estate since 2004 and specializes in the Charleston East Cooper residential markets and second home market. Janice holds the highest licensure designation as a “Broker Associate” and has won many awards for her past successes in the East Cooper Area markets.

For current information on the upper tier market, contact Janice Harper at Keller Williams Realty/843-324-8342 or e-mail jharper@janiceharper.com.

Contact: Janice R. Harper

Broker Associate, Realtor®

Keller Williams Realty

1304 Palm Blvd.

Isle of Palms, SC 29451

Telephone: 843-324-8342

Email: janice@janiceharperproperties.com

LPS: Mortgage Delinquencies and Foreclosures increase to 12.38% in May

Posted: 06 Jul 2010 12:35 PM PDT

From Lender Processing Services: LPS' May Mortgage Monitor Report: Increase in Rate of New Delinquencies; Decline in Number of Delinquent Loans Becoming Current

The May Mortgage Monitor report released today by Lender Processing Services, Inc. ... shows a 2.3 percent month-over-month increase in the nation's home loan delinquency rate to 9.2 percent in May 2010, and that early-stage delinquencies are increasing as normal seasonal improvements taper off. This report includes data as of May 31, 2010.

According to the Mortgage Monitor report, the percentage of mortgage loans in default beyond 90 days increased slightly, while both delinquency and foreclosure rates continue to remain relatively stable at historically high levels. There are currently more than 7.3 million loans currently in some stage of delinquency or REO.

The report also shows that the average number of days for a loan to move from 30-days delinquent to foreclosure sale continues to increase, and is now at an all-time high of 449 days, resulting in an increase in "shadow" foreclosure inventory.

LPS shows 9.2% delinquent and another 3.18% in foreclosure for a total of 12.38%. I'm not sure about the days to foreclosure numbers (other sources show fewer), but they have steadily increased. For delinquency rates I usually use the quarterly report from the MBA.

Here is the LPS monthly report. The increase in early stage delinquencies might be seasonal, but it is definitely bad news. And what happens when house prices start falling again later this year as I expect?

For more, from Diana Golobay at HousingWire: National Mortgage Delinquency Rate Swells to 9.2% in May: LPS

And from Diana Olick at CNBC: New Loan Delinquencies on the Rise Again

The Charleston area has been recognized...

• 
  One of the Top 25 Housing Markets, by Forbes.com (2009)
• 
  "Best Performing City: Where America's Jobs are Created" by Milliken Institute (2008)
• 
  "50 Best Places to Live: The Next Great Adventure Towns" by National Geographic Adventure (2008)
• 
  Ranked 6th among mid-size metros in Inc.com's "Top US Cities for Business" (2008)
• 
  One of the nation's "Top Arts Destinations" by American Style (2008)