Released on = November 20, 2006, 1:01 pm

Press Release Author = Michael Blackburn / Perfect Home Living INC

Industry = Real Estate

Press Release Summary = Housing - Solving the Riddle of Value over Fraud

Press Release Body = Salt Lake City, UT / Press Release / -- It is without question
that the U.S. Housing Market is weakening but many wonder has the weakening
intimidated potential home buyers from parting with hefty down payments.

Home buyers in places like Utah already have resorted to fears that the home of
their dream has been scorched by the touch of investor flips or some form of
predatory lending.

But for now Utah with a population slightly over 2.6 million has a bigger problem in
the midst of its housing market - Getting its consumer base educated about the red
flags of the state\'s real estate market.

Nationally Utah ranks second for mortgage fraud, according to the MARI Index with
expectations from industry experts that the state should coast into the number one
position by 2007. The fall out from such national ranking continues to have Utah\'s
consumer-base struggling to keep pace.

\"Increased property taxes, a surplus of low wage jobs and price hikes in tuition
costs is the talk at the dinner table, not declining mortgage rates,\" says Sheri
Fitzpatrick, Utah Real Estate Broker and CEO of Perfect Home Living, a Non-Profit
Organization based in Salt Lake City, UT, committed to the education of consumers,
financial institutions and law enforcement agencies on loopholes used during
predatory lending practices and other symptoms of real estate fraud by white collar
criminals.

\"Unlicensed investors and investment group purchases in Utah have fueled false
housing appreciation and more easily enabled the introduction of hybrid mortgages.
If we are to reverse this trend and bring back consumer confidence in our housing
market we must first start with educating consumers about real estate fraud and
predatory lending practices,\" Fitzpatrick added.

Still the Mortgage Bankers Association announced on the 15th of this month that its
seasonally adjusted index of mortgages to purchase homes rose 2.7% for the week
ending November 10th to its highest level since July. Rates for 30-year fixed
mortgages fell to 6.15%, the lowest level since this past January.

About Perfect Home Living

Perfect Home Living assists in implementing programs and providing training to
financial lenders as well as educating Utah\'s consumers and licensed professionals
to red flags within Utah\'s real estate market. For more information or to request
assistance please visit us online at: http://www.PerfectHomeLiving.com


Web Site = http://www.perfecthomeliving.com

Contact Details = Perfect Home Living
1905 West 4700 South #353
Salt Lake City, UT 84118