This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Pro Wrestler Marlena to 'Give Away' Home

It's no secret that the housing market is far less than desirable these days. Home foreclosures are at an all-time high and according to a new government report, home prices across the U.S. fell nearly 5% this past May alone.

So what is a homeowner to do when she's ready to pack up and move, but encounters an unforgiving market that slows down or prevents the sale of her house?

In the case of Terri Runnels, she's giving it away.

Runnels may be best known to her fans as Marlena, the World Wrestling Federation diva. These days, though, she's moved away from the ring, focusing more on her family and charity work.

Former Wrestler Terri Runnels

That focus is what led her to create "Make the World Write," a national essay contest whose winner will win $100,000, as well as Runnels' personal home in Gainesville, Fla. That certainly an admirable prize in any situation, but what makes it more unique is how Runnels is trying to navigate the worsening housing market and economy.

"The reason I came up with this," says Runnels, "is because I was going to sell my house ... and the market is horrible."

She decided if she couldn't sell it, she would give it away. And with that, Make the World Write was born. The contest is simple: the entry fee is $200, and you must write "how you will change the world for the better," according to the Web site.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $132.65 0.00%
FB $81.91 0.00%
GOOG $555.37 0.00%
TSLA $231.55 0.00%
YHOO $44.36 0.00%

Markets

DOW 18,037.97 -42.17 -0.23%
S&P 500 2,108.92 -8.77 -0.41%
NASDAQ 5,060.2460 -31.8390 -0.63%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs