SANTA CLARA, Calif., March. 8,
2018 /PRNewswire/ -- Realtor.com®, a leading online
real estate destination, today announced the launch of its Local
Pride Scholarship as part of its commitment to helping future
generations achieve their education goals, and ultimately better
position them for homeownership. The scholarship, which
realtor.com® plans to award annually, gives students a
chance to show off their local pride with an essay about their
neighborhood.
Realtor.com® data shows the median U.S. home price is
$274,900, a 10 percent jump over last
year. The median earnings of young adults with a bachelor's degree
was $50,000, 64 percent higher than
those of young adult high school completers at $30,500.1
"The ability to afford a down payment and monthly mortgage
payment is a steep financial hill to climb in today's competitive
housing marketing," said Nate
Johnson, chief marketing officer for
realtor.com®. "Our Local Pride scholarship gives us a
chance to invest in today's students who are future home
buyers."
Participating students have a chance to celebrate their local
community as part of the scholarship application process. Three
scholarships will be awarded based on participants' 300-500-word
response to what makes them proud about where they live, including
insights about a neighborhood they feel they are a "local" in.
Realtor.com® will award $2,500 to the first-place recipient, $1,000 to second-place, and $500 for third-place.2
In addition to the scholarship, realtor.com® is also
kicking off an eight-week internship program that will give college
students the opportunity to gain valuable hands-on experience by
working directly with realtor.com®'s leading
engineering, marketing and product teams.
Entries for the Local Pride Scholarship are open from March. 7,
2018 through June 30, 2018. It is
open to people 18 years of age or older who are planning to attend,
during the upcoming academic year, an accredited college,
university, or graduate school in the
United States. The winners will be announced in July, 2018.
Full scholarship details, conditions and rules are available at:
https://www.realtor.com/scholarships/.
About realtor.com®
Realtor.com® is the trusted resource for home
buyers, sellers and dreamers, offering the most comprehensive
source of for-sale properties, among competing national sites, and
the information, tools and professional expertise to help people
move confidently through every step of their home journey. It
pioneered the world of digital real estate 20 years ago, and today
helps make all things home simple, efficient and enjoyable.
Realtor.com® is operated by News Corp [NASDAQ: NWS,
NWSA] [ASX: NWS, NWSLV] subsidiary Move, Inc. under a perpetual
license from the National Association of REALTORS®. For more
information, visit realtor.com®.
Contact:
Cody Horvat --
cody.horvat@move.com
NO PURCHASE NECESSARY. Void where prohibited. Promotion open to
legal residents of the United
States who are, at the time of entry, 18 years of age or
older and are planning to attend, during the upcoming academic
year, an accredited two-year or four-year college or university or
an accredited graduate school in the
United States. You may enter following the instructions at
https://www.realtor.com/scholarships/. Other requirements and
restrictions apply; see Official Rules for details. The Promotion
is sponsored by Move, Inc., located at 3315 Scott Boulevard, Suite
250, Santa Clara, California
95054.
1 National Center for Educational Statistics
(2015)
2 The Official Rules are available in their
entirety at https://www.realtor.com/scholarships/.
View original
content:http://www.prnewswire.com/news-releases/realtorcom-launches-local-pride-college-scholarship-300611063.html
SOURCE realtor.com