Davenport Home Sales: Up Thirty-Three Percent, State Partners, Area Realtors and Lenders Announce Unique Contest to Spur Them Further Print
News Releases - General Info
Written by Ashley Jared   
Friday, 07 June 2013 07:42

Under Construction Social Media Contest Offers $2,500 Prize

DAVENPORT – The Iowa Finance Authority, Iowa Association of Realtors®, Iowa Home Ownership Education Project and the Iowa Mortgage Association have teamed up with Davenport area lenders and Realtors® to promote The Meaning of Homeownership: Under Construction Contest, while celebrating high regional home sales. This joint effort between lenders and Realtors® highlights the high Davenport area home sale trends, including a thirty-three percent increase in homes sales over last year and offers Davenport area residents a chance at winning a $2,500 gift card.

“This contest is a fun way to raise awareness of the benefits of homeownership throughout the summer,” said Iowa Finance Authority Executive Director Dave Jamison. “We’re excited to be offering this summer contest in partnership with Cedar Rapids area lenders and Realtors® and take advantage of this opportunity to educate Iowans about the homeownership programs that the Iowa Finance Authority offers.”

“The Iowa Association of Realtors® nearly 6,200 Realtor® members across the state are professionals who follow a strict code of ethical guidelines, and help people realize their homeowning dreams every day in communities throughout Iowa. IAR is pleased to participate in this contest, which is an innovative and exciting opportunity to interact with Iowans and remind them of the many benefits of homeownership," said Dave Bert, CEO of the Iowa Association of Realtors®.

The social media contest asks Iowa mortgage lenders, housing counselors and Realtors® asking their clients to show-off do-it-yourself home projects. Participants will write a short phrase or word on a memo board and snap a photo for the entry. The contestant with the most votes in the Facebook contest will win a $2,500 gift card. Cedar Rapids area residents are encouraged to visit a participating contest location for their chance to win. A full list of current contest locations is available at IowaFinanceAuthority.gov/Contest<http://www.iowafinanceauthority.gov/contest>.

“The real estate market in the Quad Cities is doing very well,” said Eugene Holst of the Quad City Area Realtor® Association. “We have seen an outstanding thirty-three percent increase in home sales this May over May of 2012. “We’re excited to have Quad Cities Realtors®, lenders and housing counselors participate in this fun contest to get home buyers motivated to get out and see what is on the market.”

Contest entries will be voted on by the public August 1-16 at Facebook.com/MeaningofHomeownership <http://www.facebook.com/meaningofhomeownership>. The entry with the most votes will receive a $2,500 gift card and the lender and Realtor® with the most combined votes will each receive a $2,500 community betterment grant.

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