Dec 08 newsletter - PDF by theolduni


									        The Livingston Board of Realtors
               Wishes Each of You
             a Very Merry Christmas
                 and a New Year
            of Peace and Happiness!            Official publication of the Livingston Board of Realtors®, Inc. ● Volume 6 ● Issue 12

                                              President’s Message
                                                                                               “Share these special gifts that each of you possess
                                                                                                  and find happiness this Holiday Season”
                                                                                 Sara Hall

               2008 Officers
                                                                    Happy Holidays!!! Our last Board Meeting            will be done in the dealings between and
Sara Hall—President                                                 was very inspiring and uplifting as we were         within our community, our Board and fami-
Prime Locations Realty                                              able to give money to two different Christmas       lies. Help others by providing for the health
                                                                    Campaigns. The money given was from the             and wholeness of the most vulnerable among
Darren James—President-Elect
                                                                    LBOR Greystone Golf Tournament. This                us, our children, mothers, and the elderly.
Keller Williams Realty Livingston Partners
                                                                    fundraiser was chaired by Kelli Varnado and
Kelli Varnado—Secretary/Treasurer                                                                                       Give the Gift of Joy— Be Thankful for your
                                                                    was a huge success! Thank you to all the par-
Coldwell Banker Mackey Co.                                          ticipants, members and affiliates for all of        health and success. SMILE! Be sunshine to
                                                                    their hard work and support.                        others when they are in a storm. J-Jesus O-
               2008 Directors                                                                                           Others Y-You ~Keep the letters in this order
                                                                    The Christmas Campaigns the Board contrib-          and spread some JOY to all those you encoun-
Ashley Kimble—Coldwell Banker Mackey                                uted to were local charities for less fortunate     ter throughout the Season.
Lynn Sibley—Clyde Palmer Real Estate                                local children.
                                                                                                                        Give the Gift of Love—Strive to be compas-
G. L. “Paco” Swain—Paco Swain Realty                                                                                    sionate and caring for all kinds and conditions
                                                                    Hunter Grimes sponsors a Christmas Cam-
Shyrl Westmoreland—M. A. Allen Realty                               paign that provides a gift card and a Bible to      of people. Show love to the hungry, the home-
                                                                    local teens who are less fortunate than you         less, the stranger, and the imprisoned. Show
                                                                    and I. This is a wonderful way to introduce         love to the despised, the fearful, and the aban-
             Upcoming Events                                                                                            doned. Mend relationships and forgive those
                                                                    local teens to Jesus and let them know they
                                                                    are cared for by others throughout the com-         who have hurt you ~ share the true meaning of
Membership Meeting
                                                                    munity.                                             Christmas.
Installation of Officers                                            Willie Graves also sponsors a Christmas Cru-        These gifts are inexpensive but priceless. They
January 21, 2009                                                    sade for our local children. This crusade pro-      are more valuable than gold and cannot be
Networking 11:30 a.m.                                               vides toys for children in our immediate area       bought. Share these special gifts that each of
Meeting 12:00 noon                                                  who, because of their families circumstances,       you possess and find happiness this Holiday
                                                                    may not be expecting to receive anything for        Season.
  No December Membership Meeting                                    Christmas. What a wonderful way to share
                                                                    our success and bless a local family! If you        I wish each of you a Merry Christmas and a
                                                                    would like to contribute to either of these         Very Happy New Year!
            Mission Statement                                       campaigns you may call the board office for
                                                                    more information.                                   Here To Serve,
“Enhancing lives of our members by provid-                                                                              Sara Hall
ing programs and services responsive to the                         I encourage you to take a moment during the
                                                                    Holidays to give some valuable gifts to others
ever-changing environment and leading to
                                                                    that can never be destroyed: Peace, Hope, Joy             Advertising rates…………………. ..8
the profitability of all.”                                          and Love.                                                 Affiliate roster……………………...3
                                                                                                                              Affiliate spotlight………………….. 2
                                                                    Give the Gift of Peace— Calm the hearts of                Calendar of events………………….4
                                                                    the angry, the addicted, and the abused. Try to           Education calendar………………... 4
                                                                    lead the violent and the outraged toward heal-            From NAR..………………………...5
                                                                    ing. Compromise and create solutions to prob-             Market Update…………………… 12
                                                                    lems.                                                     Month in real estate history……….. 5
                                                                                                                              Mortgage Minutes…………………. 6
                                                                    Give the Gift of Hope— Expect that the best
                                                                                                                              REALTOR’s Corner………………. 4

                                                   Livingston REALTOR                           December 2008                 Visit
Affiliate Spotlight
                                                                     “New South Federal               Savings Bank”

                      Leslie Lovett has been serving Livingston and Ascension parishes since 1991. In 2007, Leslie opened the Denham Springs branch
                      of New South Federal Savings Bank. In July 2008, they added a Prairieville branch to serve the Ascension Parish area as well.
                      While New South Federal may be new to our area, the Collateral Group of companies to which New South belongs is celebrating
                      their 75th anniversary this year.
                      Lending Service that doesn’t quit. Your Mortgage is Our Mission.
                      New South’s goal is to help your client find the RIGHT mortgage program to fit THEIR needs. How are we different? While we
                      may be a large financial services company, we don’t act like one. We offer in-house processing, underwriting, closing and funding.
                      Because we are one of the country’s largest privately-owned savings banks, we can offer a vast array of innovative mortgage prod-
                      ucts including FHA, VA, RD, Conventional as well as bond programs.
                      Leslie Lovett worked as the pilot lender for the state of Louisiana for Rural Developments automated underwriting system and con-
                      tinues to support the real estate community by teaching all types of mortgage financing to new agents as well as for many local sales
                      offices. Staying abreast of the changes to mortgage financing is not only an important part of our job, but we feel it is our responsi-
                      bility to keep you up to date as well so that you can better serve your clients.
                      Getting It Done Right.
                      You will find that Leslie and her staff provide your clients with years of experience in the mortgage industry. With those years of
                      service comes the experience of knowing exactly how to get the job done right. It means getting things done according to your
                      schedule and according to our strong belief in superior customer service. One of the mottos we throw around the office is “Never
                      close late and never close ugly!” Our goal is to get the job done and done right while creating Raving Fans along the way.
                      Integrity. Service. Community.
                      Trust is the foundation and the cornerstone for all that we do. Our word is our bond and we believe that without Integrity all of our
                      efforts are meaningless. Our clients must be able to rely on us. Professional and enthusiastic service is the basic produce to our
                      business. It is the essential, defining characteristic which helps us to create lasting relationships with our customers and sets us apart
                      from our competition. We constantly strive to ensure that we are both willing and completely able to serve those who look to us for
                      products, services and assistance. We work hard to seize the opportunities to improve the lives of our neighbors.
                      Call or stop by our Denham office anytime right across the street from the Whistle Stop.

                      Contact: Leslie Lovett

                      Office: 225/665-2270

                      Fax: 225/665-5118
                                                                                                                     105 North Range Ave., Ste. D
                      Email:                                                              Denham Springs, LA 70726

 The Livingston Board of REALTORS,                               Flyer boxes and Metro Key Map Books                The Livingston Board of REALTORS
 Inc. welcomes all comments and suggestions                      are available at the board office.
 that you may have.                                                                                                 is now offering a
                                                                 Flyer box…$10.00                                   30 hour Post Licensing Course
 Please contact the LBOR office.
 Office: 225/791-9991                                            Metro key map book…$37.00                          This is an online course available for
 Fax: 225/791-9996                                                                                                  $85.00 through
 Email:                               791-9991
 Website:                              1111 South Range Ave.                              Burk Baker’s School of Real Estate
 New Office Hours:                                               Denham Springs, LA
 9:00 am — 4:00 pm                                                                                                  For more information, please call:
 Monday — Friday                                                                                                    Burk Baker School of Real Estate

                                                                    Advertise in the LBOR Newsletter
                                        It’s a great way for Affiliates to generate business with LBOR Real Estate Companies!

           Page 2                    LIVINGSTON REALTOR                              December 2008                     Visit
                                      Consider working with a Livingston Board of Realtors Affiliate Member

                                Affiliate members of the LBOR help to strengthen the local real estate community and businesses.
                                                  The board is proud to acknowledge their Affiliate Members!

ADVERTISING                                                                   MORTGAGE SERVICES (continued)
Crossover Media Production Company, Joshua Atwell 225-931-7811                Chase Manhattan Mortgage, Dan Pressley 225-291-1580
EZ Joe Dansby 225/315-9213                                         Countrywide Home Loans, Darlene Hargroder 225-752-7770
                                                                              Dow Louisiana Federal Credit Union, Ashley Braud 225-379-5154
                                                                              First Choice Mortgage, Erica Whiddon 225-665-4399
Accurate Valuations Group, William (Bill) Cobb, IFA 888-678-3544
                                                                              First National Bank USA, Marian Neislar 225-673-3957
R Gale Creed Company Appraisers, H.J. Gammill 225-924-0350
                                                                              GMFS, LLC, Christine Horne 225-214-5066
BANKS                                                                         Hancock Mortgage, Craig Coleman 225-248-7400
American Gateway Bank, Stephanie Adams 225-664-6300                           Iberia Bank Mtg, Nicole Gautreau, Mindy Hornsby, Connie Walker 225-923-4620
First Guaranty Bank, Brenda Chabina, Traci Beatty 225-667-6682                Key Lending Solutions, Jackie Dykes, Russell Comeaux 225-791-1170
LA DOTD Credit Union, Jason Shaffer 225-665-3436                              Lend Express of America LLC, Steven Schiele II 225-667-5010
                                                                              Nationwide Home Lending, Laurie Ourso 225-248-4020
                                                                              New South Federal Savings Bank, Leslie Lovett 225-665-2270
D. R. Horton/America’s Builder, Charlie Calvert 225-664-1240
                                                                              Omni Bank Mortgage, Jared Gary 225-248-0023
BUSINESS DEVELOPMENT                                                          Parish National Bank, Karen Morse 225-247-1866
Livingston Economic Development Council, John Ware 225-665-5223               Primerica, Connie L. Walker 225-755-2274
                                                                              PrimeSouth Mortgage LLC, Roger Bye, Stephanie Batts 225-291-9700
                                                                              Wells Fargo Home Mortgage, David Sicard 225-292-1049
Marcus Brister Drafting, Marcus Brister 225-665-0136
                                                                              Whitney National Bank Mortgage Division, Beth Holden 225/376-4537
Alvin Fairburn & Associates, Terri Borde 225-665-1515
                                                                              Livingston Parish News, Lisa Rappold 225-665-5176
                                                                              PEST CONTROL
Halpin’s Carpet, James Johnson 225-927-8741
                                                                              Arceneaux Pest Management Service Inc Joe Arceneaux 225-791-9911
GOVERNMENT/LOCAL AGENCIES                                                     Willie's Pest Control Inc, Bryan Marchand 225-664-4621
Livingston Parish Chamber of Commerce, Janna Lege` 225-665-8155
Jeff Taylor, Assessor 225-686-7278
                                                                              Sharp's Printing & Advertising, Kenneth “Bo” Sharp 225-664-7171
Livingston Parish Sheriff’s Office, Sheriff Willie Graves 225-686-2241
Town of Walker, Mayor Travis Clark 225-665-4356                               PROPERTY MANAGEMENT
                                                                              Randall Davis Real Estate/MB Management Grp Maggie Burtner 225-664-4383
A+ Precision Inspections, Gordon Atwell 225-333-1020                          REAL ESTATE INVESTORS
Alltell Home Inspections, James Bohac 225-806-7572                            SCM Properties Inc, Rachel McDaniel 225-939-1453
Capital Home Inspection Services LLC, Warren Zalfen 225-927-6152              REAL ESTATE SCHOOLS
Homeguard Home Inspections LLC, Steve Patin 225-667-3888                      Burk Baker School of Real Estate, Burk Baker 225-293-6000
Pendulum Home Inspections, Carlton Jones Jr 225-819-4881                      Cutting Edge Courses, Carmel Streater 225-753-9337
HOME WARRANTY                                                                 TITLE COMPANIES
American Home Shield, Claire Esteve 800-800-8880 x 6957                       Baton Rouge Title Company Inc, Vicki Melancon 225-291-1111
Old Republic Home Protection, Webb Wartell 225-241-2088                       Champlin Title, Ronnie Champlin 225-665-1220
INSURANCE                                                                     Commerce Title, Sherry Denig 225-292-9130
Chappetta Allstate Insurance Agency, John Chappetta 225-665-7777              Gulf Coast Title Inc, Pam Gallant 225-295-8222
Liberty Mutual Insurance, Lori Ardoin, Michelle Nash 225-292-8808             Land America Lawyers Title, Becky Roby 225-767-4001
State Farm Insurance, Joan Landry Agency 225-665-3112                         Lawyers Title of Denham Springs, Millie Bunch 225-664-4171
State Farm Insurance, Horace Wilkinson Agency 225-664-8553                    Livingston Title, John Allen 985-839-9589
Waguespack & Associates Insurance, Pam McNally 225/791-3630                   Milestone Title, Shea Landry 225-791-5415
                                                                              Professional Title, William “Billy” Leach 225-665-5600
                                                                              Title Plus, Lisa Chavers 225-709-3531
Accredited Mortgage Financial Services LLC, Ron Roberts 225-791-6379
Allegro-Mortgage Inc, Sal Bernadas 225-791-5047                               TRASH REMOVAL
Central Progressive Bank Mortgage Division, Jennifer Causey 225-300-4302      1-800-GOT-JUNK?, Tom McNamee 225-802-1565

                                         Please support the businesses supporting your association!

   Page 3                LIVINGSTON REALTOR                                December 2008                        Visit
Realtor’s Corner
                          “Realtors® Tell Congress Increased Housing              The deadline for nominating Realtor® of the Year and Affiliate of the
                             Demand Will Stabilize the Market”                    Year is December 31, 2008. The purpose of these awards is to recog-
                                                                                  nize each year one active member who has provided outstanding service
                   Washington, November 18, 2008                                  to his/her profession and community during the year. Nominating forms
                                                                                  can be found at the membership meetings. To have a nominating form
                   In a statement to the House Financial Services Commit-         sent to you or for more information, please call the board office at
                   tee today, the National Association of Realtors® recom-        225/791-9991 or email us at
                   mended a four-point plan to stimulate home sales and
                   stabilize housing valuations.                                  To: Realtor Members
                                                                                  A Message from the LBOR...
                   “The only way to overcome today’s economic turmoil is
                   to motivate and encourage worried or cautious housing          The year is winding down and by now, you should have your 2009
                   consumers to enter the marketplace,” said NAR Presi-           Membership Dues invoice. Invoices are sent to the Broker. If you have
                   dent Charles McMillan, a broker with Coldwell Banker           not received your invoice, please contact your Broker or call the board
                   Residential Brokerage in Dallas-Fort Worth.                    office immediately.
                   “Stabilizing the housing market will lead to a quicker         A $100.00 late fee will be assessed for dues paid after December 31,
                   and greater economic recovery. Our goal is to ensure           2008.
                   there is a healthy market and sufficient capital to support    For those of you who would prefer to pay by credit card, you can do so
                   mortgage lending to qualified borrowers.”                      online at
                                                                                  If you have any questions, please call the board office at 225/791-9991.
                   NAR developed the plan for consideration by the current
                   lame-duck session of Congress, and for the 111th Con-
                   gress and the new administration. The four-point plan’s                         WELCOME NEW APPLICANTS
                   principles are consumer-driven to help foster a housing        NEW REALTOR® MEMBERS
                   recovery to support an economic rebound. The plan calls           Cathy Boudreaux—Stepping Stone Realty
                   for eliminating the repayment of the first-time home              Karen Chenevert—Stepping Stone Realty
                   buyer tax credit that was passed in the February stimulus         Marcia Little—Stepping Stone Realty
                   bill, and to expand the tax credit to include all home            Michael George—Coldwell Banker Mackey Co.
                   buyers. The plan also recommends making the increased             John O’Neill—Keller Williams Realty Livingston Partners
                   FHA and conventional loan limits permanent to stimu-              Dottie Severio—Re/Max Classic
                   late home sales and stabilize prices. In addition, the plan       Jason Harris—Coldwell Banker Mackey Co.
                   urges that the Troubled Asset Relief Program be put
                   back on track by targeting the funds for mortgage relief
                   through a mortgage interest rate buy-down. Finally, the                             CALENDAR OF EVENTS
                   plan recommends finalizing legislation to prohibit banks
                   from entering into the business of real estate brokerage
                                                                                                            15 Board of Director’s Meeting
                   and property management.
                                                                                                        No Membership Meeting in December
                                                                                              25 Christmas Day—LBOR office closed Thursday and Friday
                   “The federal government must ensure there is sufficient
                   capital to support mortgage lending not only in strong         JANUARY
                   markets but also in tumultuous ones,” said McMillan.                                   19 Board of Director’s Meeting
                   “Realtors® are frustrated with the current mortgage lend-            21 Membership Meeting & Installation of Officers, Networking 11:30 a.m.
                   ing environment that places a variety of barriers on
                   families who wish to buy a home, impeding sales and            FEBRUARY
                   price stabilization. We look forward to working with the                               16 Board of Director’s Meeting
                   Congress and the new administration to transition out of                         18 Membership Meeting, Networking 11:30 a.m.

                   current instabilities and move toward strong and stable
                                                                                  Special Thanks To…
                   financial and housing markets.”
                                                                                                  Carmel Streater—Cutting Edge Courses
                   NAR                                                                         for your time and all of the C. E. classes you
                                                                                                       taught our Realtors this year.
                         The online LBOR Newsletter reaches                                                    Leslie Lovett
                           over 300 members each month                              for providing the refreshments at our November 6, 2008 C. E. class.
                                                                                            We appreciate your continued support of the LBOR!

         Page 4                  LIVINGSTON REALTOR                              December 2008                         Visit
From: NAR                                                                     Code of Ethics…Article 12

Code of Ethics Online Training Course Information                             REALTORS® shall be honest and truthful in their real estate
                                                                              communications and shall present a true picture in their advertis-
Before December 31, 2008, every REALTOR® is required to com-                  ing, marketing and other representations. REALTORS® shall
plete 2.5 hours of Code of Ethics training. This training is offered in a     ensure that their status as real estate professionals is readily ap-
variety of ways – through local associations and other local resources,       parent in their advertising, marketing and other representations
and online. We're now in the home stretch, as the end of the year is          and that the recipients of all real estate communications are, or
fast approaching. We're doing everything we can to support members'           have been, notified that those communications are from a real
fulfillment of the quadrennial Code of Ethics training requirement,           estate professional.
including extending our Info Central phone center hours during the
month of December.                                                            This Month in Real Estate History...

Because of high traffic volume on the online course, Saturdays and
                                                                              Hollywood's Rascals meet NAREB Presidents
Sundays are currently the better days for completing the training. registration, which is required to complete the online            While attending the 1927 convention of the California Real Es-
training course, is also experiencing longer wait times (approximately        tate Association a couple of NAREB Presidents ran into some
one hour) due to heavy traffic volume. If you plan to take the course         pint-sized movie stars. The National Association's president that
online and are not registered on, you should register             year, Clarence C. Hieatt, was surrounded by child actors from
for the site ahead of time if possible.                                       the popular "Our Gang" films. Also meeting the young celebri-
                                                                              ties was Harry H. Culver, NAREB's President in 1929 as well as
NAR provides the following resources on to prepare
                                                                              the founder and builder of Culver City, California.
you for and help you complete your training. For information about
training programs in your area, contact your local board.                     The famous children were the brainchild of legendary producer
                                                                              Hal Roach (who also launched Laurel and Hardy) and were later
Online Course Information and Troubleshooting                                 called "The Little Rascals." From 1922 to 1944 more than 200
NAR Code of Ethics Training Quick Reference Guide – Everything
                                                                              serials were made, with children replaced when they grew too
you need to know to prepare yourself for the online course, including
                                                                              old for their roles. They were filmed at Hal Roach Studios,
how to get your NRDS number and your login, and                   which the producer purchased from his friend Culver.
what to expect once you've completed the course.
                                                                              When this photo was taken the "Gang" was still making silent
Quadrennial Code of Ethics Online Course – REALTOR® Ethics                    pictures (they moved to talkies in 1929). Culver is seated on the
Training course developed by NAR. A NRDS ID number is required
                                                                              left wearing a dark jacket, with a child on his knee. Hieatt is in
to register and the course can be completed in one session
                                                                              the middle wearing glasses. Roach is standing inback to the
(approximately 2.5 hours), or in parts within 30 days from the start.
                                                                              right. The note on the photo reads "C. C. Hieatt and Harry
You can also view a video to get a visual lay of the land before you
                                                                              Culver visit 'Our Gang' at Culver City, Oct. 15, '27."
begin and troubleshoot if you hit a snag.
General Training Information
Code of Ethics Training – Provides information and resources for all
new and existing REALTOR® members.

Info Central Extended December Hours
Info Central staff is prepared to help with accessing the online train-
ing, troubleshooting, and more. For personal assistance, call 1-800-
874-6500 and press 4 to talk to a customer support specialist between
the hours of 8:30 a.m. and 6 p.m. Monday–Friday and 11 a.m. and 1
p.m. on Saturday, through the end of December.                                          YOUR COMPANY BUSINESS

National Association of REALTORS®
                                                                                                      CARD FITS
              Advertising rates are listed on                                       3 Months              6 Months               Year
            page 8 of this month’s Newsletter
                                                                                     $100.00               $150.00              $275.00
                     Reserve your space today!

      Page 5                LIVINGSTON REALTOR                              December             Visit
Mortgage Minutes by Leslie Lovett
                                              “What an Obama Administration
                                               Means to the Mortgage Industry”

                                    The debates are done, the election is over, and on January 20,        We hope that any new measures introduced by the Obama ad-
                                    2009, Barack Obama will be inaugurated as President of the            ministration will help keep a new breed of copycats from invad-
                                    United States. No matter where you fall in the political spec-        ing our industry as the real estate market begins to change for
                                    trum, no one knows for sure exactly what this will mean to the        the better in 2009 and beyond. From now until the end of the
                                    future of our country. With this in mind, let’s put all politics      year, you can expect volatility to continue in the financial and
                                    aside, and take a closer look at Obama’s plan for our future. And     credit markets. This means mortgage rates, too, so if you or any-
                                    since a home is still the biggest, most important investment          one you know is looking to buy or refinance a home, give us a
                                    you’ll ever make, we’ll focus the limited space of this short arti-   call. We monitor the performance of mortgage-backed securities
                                    cle on Obama’s basic housing measures.                                on a daily basis, which allows our clients to capitalize on
                                                                                                          changes that will help lock in the best rate for their individual
                                    More Economic Stimulus – Since trouble in the economy                 goals and needs. Also, if you’d like to discuss any of these or
                                    won’t wait until January 20th, plans for another economic stimu-      other changes, don’t hesitate to give us a call.
                                    lus package are already in the works, so we might even see this
                                    happen, in one form or another, before Obama takes office.            Merry Christmas and Happy New Year! Leslie

                                    Obama has also discussed a housing stimulus as well, to stem          Leslie Lovett
                                    the tide of foreclosures, including a temporary 90-day freeze on      New South Federal Savings Bank
                                    foreclosures, as well as measures to address the demand side of       225/665-2270
                                    the housing issue. This package includes $25 billion in state
                                    fiscal relief, which Mortgage Law Central says will help avoid
                                    "painful property tax increases."                                          If you are an affiliate member and would like to write an
                                                                                                                  article for the newsletter, please call the board office
                                    Obama also wants to "aggressively and comprehensively" im-                     at 791-9991 or email at
                                    plement the recently-passed rescue plan and the Hope for Home-
                                    owners Act. This means the Treasury, HUD, Fannie Mae and
                                    Freddie Mac, and all of the banks and loan servicers who benefit
                                    from the rescue bill will continue to coordinate broad mortgage
                                    restructurings and loan modifications for struggling homeown-
                                    ers. No one knows for sure exactly how this will be imple-
                                    mented or what it even looks like yet, but we’ll keep you up-
                                    dated as the details are released.
                                    Reformed Bankruptcy Laws – Obama has promised to repeal
                                    the 2005 bankruptcy bill. A controversial measure, this will al-       If your initial license was issued in 2007, the deadline for com-
                                    low judges to alter mortgage terms during a bankruptcy, provid-        pletion of the 30 hour post-license course is December 31,
                                    ing more protection for struggling homeowners.                         2008. Remember that post-license education and continuing
                                                                                                           education are not the same. You must complete an examination
                                    New Mortgage Interest Tax Credit – Obama is expected to                at the end of a post-license course. If your initial license was
                                    create a 10% universal mortgage interest credit for those who
                                                                                                           issued in or prior to 2007, you must complete 8 hours of con-
                                    don’t currently itemize. This means about $500 in savings for 10
                                    million American homeowners.                                           tinuing education by December 31, 2008 to be eligible for re-
                                                                                                           newal. Remember that 4 of the 8 hours must be completed in
                                    Protection Against Mortgage Fraud and Predatory Lending                the mandatory topic. The mandatory topic for 2008 is Agency
                                    – During the campaign, Obama blamed the financial crisis on            Relations.
                                    lax government regulations, so look for tougher regulations, new
                                    criminal penalties for mortgage fraud violators, more funding
                                    for enforcement programs, more detailed loan disclosure laws,
                                    new counseling programs and other consumer protections, in-
                                    cluding a new Home Obligation Made Explicit (HOME) score
                                    (kind of like an new APR calculation) to help borrowers better
                                    understand and compare mortgage costs during the mortgage

                                        This will go a long way in protecting new home buyers
                                        from the opportunists that have given good mortgage pro-                         Carmel Streater, Ph.D., DRREI
                                        fessionals a bad name in the last few years. And since so
                                        much of our business depends on referrals from satisfied
                                                                                                            Phone: 225/753-9337              Email:
                                        clients, the good news is a lot of these people are now out of
                                                                                                            Fax: 225/751-4817                Website:

                       Page 6                   LIVINGSTON REALTOR                               December 2008                      Visit
Page 7   LIVINGSTON REALTOR   December 2008   Visit
What are my dues used for at Louisiana REALTORS?
                                                                                     NEWSLETTER ADVERTISING
Your annual Louisiana REALTORS® dues of $150 go toward a variety of
programs and services designed to strengthen real estate in Louisiana and
                                                                                     A Great Way for Affiliates to Generate
help individual REALTOR members succeed in their practice. Your indi-
vidual annual commitment is a critical part of the REALTOR organiza-             Business with LBOR’s Real Estate Companies
tion, and our real estate industry is made stronger because of that commit-
ment. The leadership of LR thanks you for your ongoing support and                           at a Reasonable Cost!
pledges that the organization will work every day to deliver the kind of
member services that make a positive difference in your professional live-                     3 Months     6 Months      Year
lihood. LR invites you to explore or contact our staff
to learn more about the wide range of services and benefits available to        BUS CARD       $100.00      $150.00     $275.00
you. 225/923-2210
                                                                                1/4 PAGE       $112.50      $175.00     $325.00

Breakdown of Services                                                           1/2 PAGE      $137.50       $225.00     $425.00
How are dues dollars allocated to membership services? After operational
expenses, your dues are applied to program development in the following         FULL PAGE      $162.50      $275.00     $525.00

                                                                                       RESERVE YOUR SPACE TODAY!

                                                                                                CALL 791-9991

  Page 8              LIVINGSTON REALTOR                             December 2008              Visit
                2nd Annual Livingston Board of Realtors Golf Tournament
          The “2nd Annual Board of Realtors Golf Tournament” held on November 5th at Greystone Country Club was huge success!
                             The Fundraising Committee did another phenomenal job in organizing the tournament.

                              Thank you Committee Chairperson Kelli Covington, Coldwell Banker Mackey Co.
                                                 and to all of the Committee members.

                                                     Lori Ardoin—Liberty Mutual Insurance
                                                    Russell Comeaux—Key Lending Solutions
                                                 Lawson Covington, Coldwell Banker Mackey Co.
                                                      Jackie Dykes—Key Lending Solutions
                                                   Aaron Goolsby, Coldwell Banker Mackey Co.
                                                   Ashley Kimble, Coldwell Banker Mackey Co.
                                                           Marian Neislar—Omni Bank
                                             Misty Ozuna—Keller Williams Realty Livingston Partners
                                                     Earl Rainey—M. A. Allen Realty Group
                                                      Lisa Rappold—Livingston Parish News
                                                  Shryl Westmoreland, M. A. Allen Realty Group
                                                          Nancy Williams—D. R. Horton

GOLD SPONSORS $650.00                           HOLE SPONSORS                                         Thanks to the following individuals and
                                                                                                      businesses for their donations and efforts:
D. R. Horton Home Builders               American Gateway Bank
Keypoint Federal Credit Union            Coldwell Banker Mackey Co.                                   American Gateway Bank
Professional Title                       D. R. Horton Home Builders (18 holes)                        American Home Shield, Claire Esteve
Southeast Lighting & Floors to Go        Erdey Insurance                                              Anytime Fitness
Title Plus                               GCA Gulf Coast Region, Inc.                                  Ashley Kimble
                                         Danny Heroman, Certified Real Estate Appraiser               Capital One Bank
SILVER SPONSORS $500.00                  Demco                                                        Chili’s
                                         Key Lending Solutions                                        Claudia Kistrup
GCA Gulf Coast Region, Inc.
                                         Keypoint Federal Credit Union                                Cocodries
Key Lending Solutions
                                         Lea’s Tire and Automotive, Inc.                              Debbie Lockhart
                                         Liberty Mutual                                               Don’s Seafood
TEAM SPONSORS $400.00                    Livingston Parish News                                       Edwin Watts
                                         M. A. Allen Realty Group                                     Greystone Country Club
Alvin Fairburn & Associates              Mack “Bodi” White, LA State Representative                   Hancock Bank
Brand Scaffold                           Margaret L. Musso, SRA, LLC Real Estate Appraiser            Hooters
Champlin Title                           New South Federal Savings Bank, Leslie Lovett                Key Lending Solutions
Hailey Insurance Services                Noland Appraisal Serv., Donny & Emily Noland                 Kim Kinchen
Key Communications Voice & Data Services Paco Swain Realty                                            LaShish
JoCo’s Unlimited, Inc.                   Professional Title                                           Liberty Mutual
Omni Bank                                Southeast Lighting & Floors to Go                            Livingston Parish News
Varnado’s Plumbing                       Southern Bath & Kitchen                                      Longhorn Steakhouse
Wyatt Graves                             Southern Pipe & Supply Co., Inc.                             M. J. Madison, Mary Kay
                                         Title Plus                                                   Merle Norman
                                                                                                      Omni Bank
                                                                                                      Smith Building
                                                                                                      Southeast Lighting & Floors to Go
                                                                                                      Spectrum Fitness Club
                                                                                                      Sport N Center
 Vacation Package for 2!
                                                                                                      Whitney Bank, Beth Holden
 Donated by: Keypoint Federal Union


 Thanks to Pepsi for providing the drinks!

    Page 9             LIVINGSTON REALTOR                              December 2008                    Visit
Page 10   LIVINGSTON REALTOR   December 2008   Visit
Page 11   LIVINGSTON REALTOR   December 2008   Visit
                            MARKET UPDATE
                                        Statistics — Area 80 — City of Livingston
‘06   Sold     DOM     Average $          ‘07    Sold   DOM       Average $         ‘08    Sold   DOM      Average $
Jan    13      103     $154,092.00        Jan     12      78      $213,900.00       Jan     9       59      $151,322.00
Feb     8       82      $98,144.00        Feb     10     121      $147,590.00       Feb    11      114      $163,500.00
Mar    18       94     $163,894.00        Mar      6     157      $119,967.00       Mar    16      132      $271.069.00
Apr    20      113     $138,785.00        Apr     15     114      $237,380.00       Apr    12       86      $197,529.00
May    13      103     $154,092.00        May     25      85      $147,006.00       May    21       72      $156,799.00
Jun    24       80     $170,575.00        Jun     14      69      $148,225.00       Jun    18      107      $199,365.00
Jul    12       91     $158,728.00        Jul     22       84     $163,647.00       Jul    12      130      $135,554.00
Aug    15       41     $166,951.00        Aug     19      51      $162,810.00       Aug      9      52      $158,778.00
Sep    16       40     $157,666.00        Sep     14       69     $134,414.00       Sep    10      164      $164,830.00
Oct    18       63     $192,269.00        Oct     16     109      $169,614.00       Oct      6      50     $134,900.00
Nov    14       63     $134,718.00        Nov     11      86      $115,473.00       Nov     12     161     $140,538.00
Dec    18      103     $158,950.00        Dec     12      95      $206,396.00       Dec

                                      Statistics — Area 81 — City of Denham Springs
‘06   Sold     DOM      Average $         ‘07    Sold   DOM       Average $         ‘08    Sold   DOM      Average $
Jan     66     50       $168,217.00       Jan     41     65       $153,975.00       Jan     68      82     $161,394.00
Feb     60     47       $140,912.00       Feb     65     52       $162,873.00       Feb     77     101     $162,555.00
Mar     18     37       $148,845.00       Mar     83     65       $163,387.00       Mar    162      50     $171,710.00
Apr     67     54       $132,090.00       Apr     77     60       $165,512.00       Apr     50      82     $143,198.00
May    108     75       $161,768.00       May     83     53       $161,644.00       May     72     102     $173,124.00
Jun      85    59       $161,173.00       Jun     72     40       $156,250.00       Jun      82     90     $187,209.00
Jul      65    29       $153,941.00       Jul     98     68       $174,561.00       Jul      60    101     $175,572.00
Aug      90    47       $159,399.00       Aug     56     48       $168,329.00       Aug     74      75     $170,823.00
Sep      85    60       $166,500.00       Sep     73     50       $167,817.00       Sep      43    126     $179,539.00
Oct      79    90       $174,610.00       Oct     71     61       $158,519.00       Oct      48      80    $159,999.00
Nov      66    64       $183,052.00       Nov     77     71       $162,852.00       Nov     59      98     $155,596.00
Dec      97    50       $160,000.00       Dec     61     86       $166,895.00       Dec

                                         Statistics — Area 82 — City of Walker
‘06    Sold    DOM     Average $          ‘07    Sold    DOM      Average $         ‘08    Sold   DOM      Average $
Jan       26    72      $157,212.00       Jan     13      55      $158,860.00       Jan     18       78    $133,783.00
Feb       13    64      $141,954.00       Feb     19      79      $158,585.00       Feb     13     108     $173,608.00
Mar       27    88      $166,413.00       Mar     17      56      $175,179.00       Mar     26     126     $175,520.00
Apr       22    98      $159,135.00       Apr     20      87      $163,618.00       Apr     21     132     $181,376.00
May       36    63      $152,486.00       May     28      49      $167,823.00       May     26      79     $174,430.00
Jun       27    40      $142,230.00       Jun     21      34      $141,500.00       Jun     23     118     $185,283.00
Jul       30    30      $169,803.00       Jul     17      65      $158,035.00       Jul     23     158     $166,283.00
Aug       23    27      $177,357.00       Aug     23      61      $163,241.00       Aug     11      85     $156,189.00
Sep       28    65      $142,000.00       Sep     10      51      $176,210.00       Sep     11       77     $146,273.00
Oct       15    61      $154,607.00       Oct     20      61      $181,384.00       Oct     14      119     $175,214.00
Nov       21    70      $163,583.00       Nov     19      48      $164,205.00       Nov     15      113    $145,000.00
Dec       24    47      $151,250.00       Dec     16      51      $160,285.00       Dec

Page 12              LIVINGSTON REALTOR                       December 2008               Visit
                                                         December 2008

      Livingston Board
                                                   REALTOR® PLEDGE

                                                        I Pledge Myself

                                To strive to be honorable and to abide by the Golden

                                To strive to serve well my community, and through
                                it, my country;
     of Realtors®, Inc.
                                To abide by the REALTORS'® Code of Ethics and
  1111 South Range Ave.
                                to strive to conform my conduct to its aspirational
  P. O. Box 781
  Denham Springs, LA 70727
                                To act honestly in all real estate dealings;

                                To protect the individual right of real estate owner-
                                ship and to widen the opportunity to enjoy it;
    Community driven            To seek better to represent my clients by building my
       since 1978               knowledge and competence.

                                National Association of REALTORS®

I want to go home,             LBOR Members                                               Affiliates—May we have your attention!
                                                                      Do we have
to the old town,               Have you moved?                                          If you are an affiliate member and would like
                                                                     your updated
                               Changed Brokerages?                                      to write an article for the newsletter, please call
with the shaded                Changed E-Mails?                                         the board office at 791-9991 or email us at
street and the open
                               Please call or email the board office to check on or
                               correct any information we have on file that may be      This little pin says a lot about you.
square and the hill
                               incorrect. Make sure you don’t miss any important         Trustworthy
and the flats and              emails concerning education and special events, etc.      Knowledgeable
                                     225/791-9991    Experienced
the house I love
                                                                                                          Wear it with pride...
and the paths

I know...I want

to go home.

Paul Kester

  Page 13                 LIVINGSTON REALTOR                         December 2008               Visit

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