Browsing Category: "Financial Press Release"

Home Buyers, Sellers Now Access Actual Sales Prices on Southern California Homes Within 24 Hours of Sale

Tuesday, October 14th, 2008 | Financial Press Release

Helps consumers track local markets, find REALTORS®.

Los Angeles, Calif. (PRWEB) October 6, 2008 -- Beginning this month, the Southern California MLS (SoCalMLS), one of the nation's largest Multiple Listing Services (MLS), becomes the newest major MLS to begin displaying detailed information about recently sold properties on®. As a result, consumers can now access actual sales prices within 24 hours of a sale's closing, review property details and photos, and find the transaction's listing and buyer's agents for thousands of Southern California properties on®, the #1 homes-for-sale Web site.

Until now, sold data has typically only been available through County public records and not available for 90-days after transactions are completed. This delayed access to accurate data is one reason home valuations on many real estate portals are inaccurate, out of date and unreliable. County records also don't always include significant property amenities which often have an impact on sale prices. Information from the SoCalMLS on "sold properties" will be displayed within®'s "Find Home Values" feature, a new resource currently under development by the category leader.

"If you're basing a real estate decision on old or out-of-date information, you risk making a poor decision with potentially significant financial consequences," said® President Errol Samuelson. "Providing current and detailed information on sold properties drawn directly from the local MLS, in conjunction with our 15-minute fresh update program, educates home buyers and sellers so they can have more productive and informed conversations with their real estate agents or brokers. We're pleased to welcome the SoCalMLS as our newest partner to display their sold property information as we further develop and expand our 'Find Home Values' feature."

The SoCalMLS is the fourth major MLS to feed their unique sold data to® through Find Home Values. Other MLSs currently feeding sold data for display within Find Home Values includes the First MLS in Atlanta, the Greater Las Vegas Association of REALTORS®, the Northern Ohio Regional MLS, the Tucson Association of REALTORS® and the Northeast Florida MLS in Jacksonville.

To access fresh sold data from the SoCalMLS through®'s Find Home Values, visit® or directly at

Contact: Julie Reynolds / Move / 805.557.3080 julie.reynolds @


Edmonds, Canning & Associates L.L.C. Hires Joseph Paternostro to Work with Investors in Asheville, NC Area

Tuesday, October 14th, 2008 | Financial Press Release

The financial markets are in turmoil.

Atlanta, GA (PRWEB) October 6, 2008 -- The financial markets are in turmoil. Many people are panicking, they are unhappy, and their financial advisors are not calling them. As a result, many investors are leaving their current advisors. This is not the trend at Edmonds, Canning & Associates L.L.C. which has positioned itself as an alternative to the large brokerage house mentality. Edmonds, Canning & Associates, L.L.C. through J.P. Turner & Company, L.L.C. has no proprietary products.

Recently Edmonds, Canning & Associates L.L.C. added Joseph Paternostro to their team. Mr. Paternostro will personally service Asheville, N.C. and the surrounding areas.

"What makes us different? We specialize in chaotic markets. Right now there are advisors out there who do not have the sophisticated strategies or access to the diversity of product needed for this type of market," says Mr. Paternostro. "Not only do we work with clients to diversify them within the financial markets, we specialize in further diversification outside financial markets."

Joseph Paternostro is a Financial Advisor with Edmonds Canning & Associates, L.L.C. 4608 Cedar Avenue, Suite 115, Wilmington, NC 28403. Mr. Paternostro focuses on the Eastern Tennessee and Western North Carolina areas. For a free portfolio analysis, insurance review, or to discuss other financial issues call Joseph Paternostro at 888.949.6684. Securities offered through J.P. Turner & Company, L.L.C. Member SIPC.
J.P. Turner & Company, LLC, is a full-service investment banking, securities brokerage and advisory services firm headquartered in Atlanta with some 150 branch offices nationwide. J.P. Turner has been voted one of the top independent broker/dealers by Investment News each year since 2003. For additional information on J.P. Turner & Company visit


Americans Flunk Frugality Test With Disappointing Average Score Of 62

Tuesday, October 14th, 2008 | Financial Press Release

A failing average score of 62 out of 100 on a frugality test highlights the significant need for Americans to change how they think about money. Just 48% say they live on less than they make each month.

Seattle, WA (PRWEB) October 6, 2008 -- In an online test created to determine just how frugal Americans think they are, the average score was a disappointing 62 out of 100 according to Jeff Lehman, author of the upcoming book 'The Frugal Millionaires'. "We scored a 'F' on this test and that 'F' does not stand for Frugal," says Lehman.

The Frugal Test uncovered some interesting statistics about the money habits of Americans:

  • Just 48% say they live on less than they make each month.
  • 29% pay bills first and then see what's left over for other things, instead of putting away money for themselves upfront.
  • 27% make only the minimum monthly payment, plus a little more, on their credit cards.
  • 38% don't make an additional principle payment on their mortgages each year.
  • 39% buy bottled water or a prepared beverage more than three times a week.
  • 50% dine out more than three times per week.
  • 38% save just 5% or less of their take home pay.
  • Only 27% have an emergency savings fund.
  • Only 19% partner up with a financial advisor to manage their money.
  • Only 21% who qualify for health savings accounts take advantage of them.
  • Only 32% who could use educational savings accounts do so.
  • 37% don't have a will.
  • 60% don't have a revocable/living trust.
  • In a question about American's most favorite things to spend their money on, investments came in at 10% which was tied with hobbies, and entertainment. Only two categories ranked higher, travel (14%) and home improvements (13%), while buying shoes and clothes came in slightly lower (9%).

"We will have a hard time personally surviving this tough economy if we don't start practicing frugality. But being frugal is not the same as being cheap," says Lehman. "There are plenty of reasons for the current financial crisis we are in, but ultimately we have to take some personal responsibility for our actions. We can fix our financial problems, but we have to be smarter about money sooner than later," he adds.

Those who want to know just how frugal they are can still take The Frugal Test by visiting It consists of 25 multiple choice questions, takes less than 10 minutes to complete, and all the results are privacy protected.

The Frugal Millionaires is available for pre-sale now at On-sale date is October 15, 2008. Visit for more information.