Monthly Archives: October 2011

Featured Gay Friendly Realtor: Carlos Acuna, San Miguel de Allende

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals. Gay Friendly Mexico Realtors and Real Estate Professionals Carlos Acuna, a permanent resident of San Miguel de Allende for 28 years, knows all aspects of the business, social, and… Read more »

New US Real Estate Worry: Lack of Inventory

The housing market, which has struggled with an oversupply of homes for years, is facing a new problem: a lack of attractive inventory. The number of homes for sale fell for the fourth straight month in September to the lowest level of the year. Track housing inventories. There were more than 2.19 million homes listed… Read more »

IN: Real Estate Market Showed Signs of Improvement in September

According to the monthly “Indiana Real Estate Markets Report” today released by the Indiana Association of REALTORS(R), three important housing market indicators are up year-over-year. Statewide, when comparing September 2011 to September 2010: * The number of closed home sales increased 10.2% to 5,163; * The median sale price of homes increased 5.5% to $115,000;… Read more »

Featured Gay Friendly Realtor: Jeff Blacker, Palm Springs

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals. Gay Friendly Palm Springs Realtors and Real Estate Professionals Jeff is the Architectural Director at CAPITIS Real Estate and will lead you through the array of incredible choices in… Read more »

AL: Mobile Home Prices Down Slightly

The latest numbers on housing from the University of South Alabama show average sale prices are down in Mobile but increased slightly in Baldwin County. Pensacola’s median home sales are up according to Trulia.com. “The most important thing to remember is that for every one percent increase of interest rates, it will totally negate a… Read more »

MO: St. Louis Real Estate Market Still Stalled

The housing market continues to scuff along the bottom, and with the economy flagging and the typically slow winter season coming, it may not get a bounce any time soon. Sales of previously owned homes in metro St. Louis in September climbed 15 percent compared with the same month last year, according to real estate… Read more »

KS: Dropping Home Values Raise Issues for Local Governments

Kansas community governments and the taxpayers who support them are headed for a financial jolt, some recent trends in home sales statewide suggest. Kansas home sales in September topped year-earlier levels by double digit percentages for a third consecutive month, the Kansas Association of Realtors reports. September’s 12.2 percent increase was smaller than a similar… Read more »

Featured Gay Friendly Realtor: Richard Geddes, Big Island, Hawaii

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals. Gay Friendly Big Island Realtors and Real Estate Professionals Richard has been a Pahoa area resident (in the Puna District) for over six years, and has been a Pahoa… Read more »

Salt Lake City Home Prices Drop As Sales Rise

Sales of existing single-family homes during the third quarter reached their highest point in four years, according to data complied by the Salt Lake Board of Realtors. But the prices paid for those properties declined. The number of single-family homes sold in Salt Lake County in the July-August-September period jumped 33 percent compared to the… Read more »

Good Time to Invest in Merida Rental Real Estate?

“The demand for rentals in Merida, Mexico has never been stronger!” remarks LeAnn Roberts, Property Management Specialist with Mexico International Real Estate. “A smart way to realize the dream of moving to Merida is to invest now and use the property as an income-producing rental until you are ready to make the full-time move,” suggests… Read more »

OR: Both Foreclosures, Pending Home Sales Soar

If sending mixed signals is the goal, then the U.S. residential housing industry is doing a bang-up job. Thursday brings a fresh batch of conflicting home trends, with one report noting a jump in foreclosure activity in August while another took heart from a jump in pending sales in September. It all comes on the… Read more »

Featured Gay Friendly Home Inspector: Dave Bigham, Monterey

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals. Gay Friendly Central California Coast Realtors and Real Estate Professionals Pro View Property Inspection will take care of your home inspection needs anywhere in the Monterey Bay Area and… Read more »

US: New Refi Plan is Also a Stimulus Plan

I said in my initial story on the new refi plan for Fannie and Freddie-backed homes that it’s not a housing plan, but a stimulus plan. Really important to keep that in mind. The housing market is depressed because of $700 billion in negative equity. This plan wouldn’t touch dollar 1 of that. It’ll put… Read more »

The Emotional Side of Home Ownership

There are many reasons for buying real estate, and in recent columns I have been addressing the logical reasons: possible investment, taking advantage of the current prices, the current mortgage rates, and how to purchase with someone else to break into the market. However, I left out an equally important part of why to buy…. Read more »

Featured Gay Friendly Realtor: Christopher Sharpe, San Francisco

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals. Gay Friendly San Francisco Bay Area Realtors and Real Estate Professionals Christopher Sharpe & Michael Hopkins have been with well-renowned Zephyr Real Estate for a combined 18 years, working… Read more »

UT: Salt Lake City Home Sales Jumped 30% in September Over 2010

Home sales are quietly seeing double- digit gains along the Wasatch Front, and the expectation is that should continue through the end of the year. Salt Lake Board of Realtors communications director Dave Anderton said Friday the board’s preliminary numbers for September sales showed a 30 percent increase over September 2010. Official numbers for September… Read more »

ON: Is Toronto Overbuilding the Condo Market?

If there’s one thing that concerns me about Toronto’s real estate market it’s the uncertainty about the boom we are seeing in the pre-construction condo segment. As Toronto’s pre-construction condo market continues to break sales records I wonder when this boom is going to run its course. Over the past few months, my concerns regarding… Read more »

Featured Gay Friendly Realtor: Peggy Walkush, San Diego

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals. Gay Friendly San Diego Realtors and Real Estate Professionals A testament to her excellent customer service, Peggy was named a “5 Star: Best In Client Satisfaction” real estate agent… Read more »

USA: Home Resales Dropped in September

The number of Americans who bought previously occupied homes fell in September. Home sales are on pace to match last year’s dismal figures — the worst in 13 years. The National Association of Realtors said Thursday that home sales dropped 3 percent last month to a seasonally adjusted annual rate of 4.91 million homes. That’s… Read more »

Featured Gay Friendly Realtor: Suzanne Hefni-Pyle, Laguna Beach

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals. Gay Friendly Orange County Realtors and Real Estate Professionals Buyer’s Only Coastal Realty is the only buyers only brokerage for real estate buyers in Laguna Beach and surrounding areas…. Read more »

AR: August Home Sales Rose 20%

Home sales in Arkansas were up nearly 20 percent in August compared to last year, the Arkansas Realtors Association said Thursday. The jump was fueled partly by declining average sales prices, which were 7 percent lower than in August 2010. So far this year, the number of homes sales statewide is down 3.5 percent compared… Read more »

ID: Boise Real Estate is a Seller’s Market

Metro Boise home sales in August jumped 30.7 percent on a year-over-year basis, to 1,180 properties, amid a seller’s market. Even so, home prices continue to sag under the weight of distressed properties across the region. Short sales and bank-owned properties account for nearly half of all home sales. At the same time, more than… Read more »

ND: Bismarck is Booming

Bismarck is booming. In this North Dakota city, an economic portrait has emerged that is unlike any other in America. When landing in the state, the signs of growth can be seen everywhere. Lines at the airport are longer than ever — a record number of passengers entered the state last year, and a new… Read more »

Living in Nicaragua

We’re lying together in a hammock. The sun is shining brightly overhead, there’s a cool breeze, and I can hear the distant sounds of a carnival. Our garden is lush and full of blooming hibiscus and ginger plants. Our fountain gurgles and above us the banana leaves sway. Once a dream, life here in Granada,… Read more »

Featured Gay Friendly Realtor: David Daso, Fort Lauderdale

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals. Gay Friendly Fort Lauderdale Realtors and Real Estate Professionals David has many years experience in the South Florida real estate market as both an agent (6 years) and an… Read more »

NV: Reno Home Sales Improving

Despite a dip in home prices, the Reno-Sparks housing market is looking up with an increase in home sales. The figures, part of a quarterly report released by Lake Tahoe-based real estate company Chase International, indicated a seven-percent jump in units sold in the Reno-Sparks area and a 14-percent rise in units sold in Carson… Read more »

Featured Gay Friendly Realtor: Scott Frohm, Omaha

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals. Gay Friendly Nebraska Realtors and Real Estate Professionals Being a great realtor takes many qualities and skills – integrity, knowledge of the community and real estate market, marketing savvy,… Read more »

KY: Lexington Home Sales Continue to Dip

The U.S. housing market continues to ride an uncomfortable rollercoaster as the economy continues to stumble. The U.S. Housing and Urban Development released numbers showing the amount of home sales and home builds both heading south recently. Thanks to a stalled economy, a lot less houses are being built in Lexington today than there were… Read more »

CT: Hartford-Area Home Prices Rose in August

House sales in Greater Hartford rose for the second month in a row in August, but prices again weakened — signs that foreclosures continue to hamper the recovery of the area’s housing market. Closed sales of single-family houses in the 57-town market tracked by the Greater Hartford Association of Realtors climbed 14 percent in August,… Read more »

What You Need to Know About Austin, Texas

With its low cost of living, a young, highly educated, bilingual workforce, vast land for expansion, and employment growth, Austin, Texas continues to be an economic beacon during rough economic times. The state of Texas is considered to have one of the most favorable business climates in the country. Like the rest of Texas, Austin… Read more »

Featured Gay Friendly Realtor: David Drake, New York City

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals. Gay Friendly New York Realtors and Real Estate Professionals David brings availability, attentive listening, great customer service and dedication to his relationships with each of his clients. Success in… Read more »

FL: Tampa Home Prices Up in July, But Still Depressed

Tampa Bay area home prices rose in July, joining most major U.S. cities enjoying seasonal buying. But, experts warn, this won’t last, and prices are expected to decline in the coming months. The Standard & Poor’s/Case-Shiller index released Tuesday showed that home prices increased in July from June in 17 of the 20 cities tracked…. Read more »

Moving to Maui

In early September my wife C. and I completed a barely 30-minute flight from Honolulu to Kahului Airport to begin a new phase in our lives. The second-largest Hawaiian island is a new adventure for us, very different from our recent lives and sense of place and people. This blog shall describe our adjustment, frustrations,… Read more »

Vermont, New Mexico Had Greatest Increase in Foreclosures in Third Quarter

New Mexico was among the leaders of a nationwide trend of increased foreclosure activity in the third quarter, posting a 50 percent jump from the previous quarter, RealtyTrac reported Thursday. The jump was driven by the front end of the process, with 1,659 homeowners receiving notice that foreclosure proceedings had been opened against them in… Read more »

Featured Gay Friendly Realtor: Norma Cappello, Pismo Beach, California

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals. Gay Friendly Central California Coast Realtors and Real Estate Professionals Looking for that special someone to guide you thru the selling or purchase of your home or investment? Need… Read more »

Foreclosure Crisis Goes On and On

The third quarter data on home foreclosures are out and they are not good. The number of first-time default notices issued between July and September was up 14% from the previous April to June period. An August spike in first default notices was responsible for the overall quarterly figure. The foreclosure process was delayed for… Read more »

All About Gay Boston

Whether you’re new to Boston or new to gay, welcome! I have lived in Boston (well, Cambridge) with my wife for almost 5 years and, in the process, have come to discover some of the best things Boston has to offer. One of the greatest things about Boston is Massachusetts, which provides you with a… Read more »

Featured Gay Friendly Realtor: A. Daniel Bouchard, Arlington, Virginia

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals. Gay Friendly Virginia Realtors and Real Estate Professionals Dan is a motivated service oriented, results driven and reputation focused Realtor specializing in the Washington DC metro area residential condo,… Read more »

NV: Las Vegas Home Sales Dropped Almost 9% Since September 2010

Las Vegas-area home prices in September fell from year-ago levels while sales stayed strong thanks to investors snapping up homes at bargain prices, the Greater Las Vegas Association of Realtors reported today. In a market still influenced by high foreclosure and unemployment rates, the Realtors said the median price of single-family homes sold in September… Read more »

DE: September Home Sales Grew While Prices Fell

A more realistic view of the market by both buyers and sellers boosted home sales across the state this summer, even as prices continued to show the impact of foreclosures and other short sales, real estate professionals said Tuesday. September sales totals were well above last year’s numbers in all three counties, rising 32 percent… Read more »

Western Pennsylvania Home Sales Dipped in September

Home sales in the Pittsburgh region fell slightly in September compared to a year ago, according to a report released Tuesday. There were 1,999 sales last month in the five-county region, down 2.2 percent from 2,045 in September 2010, said RealStats, a South Side-based real estate information company. The average sales price continued to increase,… Read more »

Foreclosures Continue to Weigh Down US Real Estate Market

Foreclosures continued to plague the U.S. housing market last quarter, while a a growing backlog has caused the length of the foreclosure process to drag on and on. Nationwide, foreclosure filings totaled 610,337 in the third quarter, an increase of less than 1 percent from the previous quarter, said RealtyTrac, an online marketplace for foreclosed… Read more »

Featured Gay Friendly Realtor: Gerald Gafford, Austin

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals. Gay Friendly Austin Realtors and Real Estate Professionals Gerald Gafford heads a group of Austin real estate professionals that comprise the gamut of real estate sub-markets. Our staff has… Read more »

Northern VA Home Sales Down in September from August, and From 2011

Home sales across Northern Virginia were down 12.7 percent in September compared to a month before, even as average and median sales prices rose, according to RealEstate Business Intelligence, an arm of the local multiple-listing service. A total of 2,162 homes traded hands in September across the Northern Virginia suburbs, which include Arlington, Fairfax, Fauquier,… Read more »

HI: Oahu Home Sales Up, Prices Down in September

Oahu followed the trend of the Neighbor Islands for home sales in September, with the number of sales rising on lower median prices, according to statistics from the Honolulu Board of Realtors. Sales of single-family homes rose 4 percent to 284 sales last month, compared to 273 homes sold in September 2010. However, the median… Read more »

HI: Home Prices Fell in September on Kauai, Big Island

Sales of single-family homes rose on Hawaii island and Kauai in September compared with a year earlier, while prices continued to fall, the Hawaii Information Service reported today. Sales of condominium prices were unchanged on both islands, while prices fell, according to the report. The Kauai single-family market experienced the biggest gain, with the number… Read more »

Featured Gay Friendly Realtor: Deidre Pfeifer, Rancho Cucamonga

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals. Gay Friendly Inland Empire Realtors and Real Estate Professionals I have more than six years experience with Residential Listings & Sales and successfully closed numerous Short Sale and REO… Read more »

Home Sales Up Across the United States in August

Existing-home sales increased in August, even with ongoing tight credit and appraisal problems, along with regional disruptions created by Hurricane Irene, according to the National Association of Realtors(R). Monthly gains were seen in all regions. Total existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and co-ops, rose 7.7 percent to a seasonally… Read more »

MT: Helena Home Sales Spiked in August

Helena’s housing market appears to be staying ahead of the national trend as Realtors saw a big spike in sales to end the summer season. Seventy-four homes were sold in August, which is considered the peak month for home sales across the country. That number was the second highest in the local association’s history and… Read more »

NJ: Onerous Real Estate Rule Repealed

The real estate industry was gleeful this past week, especially in oceanfront towns, after Realtors succeeded in getting the state to ease a regulation that was interfering with home sales. “This was huge. I can’t even begin to tell you how many deals it killed,” said Nicholas Marotta, president of the Ocean City Board of… Read more »

NC: Wilmington Home Sales Growing Slowly

The Wilmington area’s real estate market is like a football game. “Say, you’re in a game and you’re losing. The other team scores eight touchdowns on you and you score one back. “You are moving in the right direction, but you still have a long way to go.” Intracoastal Realty agent Ashley Garner borrowed that… Read more »

NC: Charlotte Home Prices Rose in July

Home prices in Charlotte and around the country climbed in July from the month before — but prices in most places remain below their July 2010 levels, suggesting the residential market faces a long road to recovery. Prices in the Charlotte metropolitan area increased slightly, 0.1 percent, from June and fell 4 percent from July… Read more »

Featured Gay Friendly Realtor: Ed Hughes, Natick, Massachusetts

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals. Gay Friendly Massachusetts Realtors and Real Estate Professionals Real Estate is a service business and my goal is to provide Superior Service to my customers. Testimonials from previous customers… Read more »

DC: What $500K Will Buy You

Let’s face it: It’s been rough the past several years. Any real estate agent will tell you that. Economic growth has been tepid. The unemployment picture is not encouraging. The latest figures on new foreclosure filings are kind of scary. But the Washington area is doing better than most parts of the country, right? To… Read more »

New Gay/Lesbian Real Estate Agent Group Launched in the UK

Two major players in real estate have teamed up to launch an industry first – a network for lesbian, gay, bisexual and transgender professionals working in property. International law firm Taylor Wessing, working in collaboration with Tuffin Ferraby Taylor, welcomed almost 80 LGBT professionals to the network’s first event, held last week at their New… Read more »

Featured Gay Friendly Realtor: Melissa De Maria, Tampa

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals. Gay Friendly Tampa Realtors and Real Estate Professionals Let me be your “Best Friend in Real Estate”, listening and serving your Tampa real estate needs. As a Realtor with… Read more »

CA: State Pulls Out of Foreclosure Talks

California Attorney General Kamala Harris said Friday that she will not agree to a settlement over foreclosure abuses that federal officials and other state attorneys general are negotiating with major U.S. banks. Her announcement is the latest to undermine a resolution that had been in the works between the banks and attorneys general in all… Read more »

August Home Sales Fell in Arizona, Nevada, Spiked in West Virginia

U.S. single-family home prices declined 4.4 percent year over year in August, with Nevada and Arizona experiencing double-digit percentage declines and West Virginia seeing the largest increase, up 8.6 percent, according to an index by property data firm CoreLogic. Excluding distressed sales, including short sales and real estate owned (REO) sales, the national index fell… Read more »

RI: Providence Sales Dipped Year Over Year in August

Single-family home prices in the Providence-New Bedford-Fall River area dropped 1.5 percent in August compared with the same month a year earlier, according to data released by real estate tracking firm CoreLogic Thursday. This is the second straight month the price of homes sold in the area declined from last year, according to CoreLogic, with… Read more »

ME: August Home Sales Climb While Prices Drop

Home sales in August rose nearly 15% compared to the same month last year, though home prices fell. A total of 1,090 existing single-family homes were sold last month, a 14.74% increase over August 2010, according to a press release from the Maine Real Estate Information Service Inc. The median sales prices, however, dropped 2.8%… Read more »

NH: Foreclosures Increased in August

Home foreclosures rose in August. The latest numbers highlight the long term pressures on the housing market. The New Hampshire Housing Finance Authority says about 320 homeowners lost their houses in August. That was less than in August a year ago but more than the number of foreclosures the month before. The relatively constant flow… Read more »

US Home Prices Up for Fourth Month in August

Home prices in July climbed for the fourth month in a row, but are still down from a year ago. According to the latest S&P/Case-Shiller home price index of 120 major cities, prices rose 0.9% in July compared with June, but they’re still 4.1% lower than 12 months ago. “We are far from a sustained… Read more »

OH: Home Sales Surged in August

For the second consecutive month, home sales have surged in Ohio. The Ohio Association of Realtors has reported that home sales statewide in August rose nearly 22% compared with August 2010. That increase followed an 18% statewide rise in July from the like period a year ago. Sales in Northeast Ohio rose even more sharply… Read more »

NH: Real Estate Market Still Rocky

The New Hampshire Association of Realtors came out with numbers today comparing housing sales from this past August to August of 2010 and found an increase of 14 percent. The group also reported that housing prices dropped two percent during the same time. But these numbers don’t necessarily give the full picture of New Hampshire’s… Read more »

Featured Gay Friendly Realtor: Patrick Martin, West Hollywood

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals. Gay Friendly Greater Los Angeles Realtors and Real Estate Professionals For more than a decade, Patrick Martin has been an industry leader in West Hollywood and the Los Angeles… Read more »

MA: August Home Sales Rose in August 2011 Over 2010

Housing sales in Massachusetts rose last month compared with August 2010 as more buyers waded into the struggling local real estate market, data released yesterday showed. Single-family home sales hit 4,203 last month, a 15 percent increase from last August, according to Warren Group, a Boston company that tracks local real estate data. But the… Read more »

CO: Denver Real Estate Remained Flat in July

Unlike in most of the country, Denver home prices were unchanged in July from the month earlier, according to the S&P Case-Shiller Home Price Indices released Tuesday. Seventeen of the 20 markets in the index reported positive monthly increases. Detroit had the biggest gain, at 3.8 percent. Las Vegas and Phoenix home prices were both… Read more »