Monthly Archives: February 2012

Featured Gay Friendly Realtor: Jeff Nazzaro, 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. Whether you are buying, selling or relocating, I am an out of the box Austin Realtor who goes the extra mile to create a memorable and positive experience for… Read more »

San Diego Home Sales Up in January

The number of homes sold in San Diego County increased 4.9 percent last month over January 2011, and the median price climbed by $1,000, La Jolla-based DataQuick announced last week. A total of 2,358 homes changed hands locally last month, compared to 2,248 in the same period last year, according to the real estate information… Read more »

January New Home Sales Down in Southern California

New-home builders are still feeling the pain in Southern California and throughout the Golden State. The number of new construction permits pulled for homes in Southern California slumped significantly in three key Southland counties in January when compared to the same month a year prior. Riverside County appeared to be a bright spot, up 50%… Read more »

CA: Homes Still Difficult to Afford in Orange County

Housing affordability is up, but there’s not enough improvement in Orange County. Some not-so-good local news lurks behind the “National Affordability At Record High” headline hoopla from the National Association of Home Builders/Wells Fargo Housing Opportunity Index. Orange County home affordability – by the NAHB/Wells metric index — has improved. But the county still suffers… Read more »

Featured Gay Friendly Realtor: Philip Kocev, Toronto

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. Real Estate is in my blood! When I was growing up, our family dinner conversation was all about Toronto real estate: buying, selling and investing. My mother has been… Read more »

What the Foreclosure Settlement Means for Iowa

Iowans are expected to get $40 million as part of a national mortgage lenders deal worth $25 billion announced Thursday. Iowa Attorney General Tom Miller was at the news conference in Washington on Thursday morning. Federal officials said the five largest mortgage lenders reached the $25 billion settlement with 49 states over foreclosure abuses that… Read more »

Alaska House Makes Changes to Real Estate Laws

The Alaska House of Representatives approved a bill Friday making several changes to real estate law, including barring licensed real estate assistants from working for more than one broker. House Bill 267, co-sponsored by Rep. Cathy Munoz, R-Juneau, passed unanimously, but not without some legislative politics. Munoz described the bill as the top priority of… Read more »

Is Arizona Housing Market Bouncing Back?

It’s only one report. But it could be that the worst of Arizona’s housing market is now behind us. New figures Thursday from the Federal Housing Finance Agency show the price of homes in Arizona actually rose more than 4 percent in the last quarter of 2011. By contrast, the national figure was still one-tenth… Read more »

80% of 2011 Home Sales in Tucson Were Distressed Sales

Was 2011 just one big year-long clearance sale? Due to an “over stock” of product and drastically reduced prices, about 12,800 homes sold last year, most of them in the distressed merchandise “bargain bin.” “It’s reasonable that 80 percent of sales were distressed,” said housing analyst John Strobeck, owner of Bright Future Business Consultants. In… Read more »

AZ: Phoenix Home Prices Rise, Foreclosures Drop

A new report from the W.P. Carey School of Business at Arizona State University finds that home prices are rising and foreclosures are declining in the Phoenix-area housing market. Mike Orr, director of the Center for Real Estate Theory and Practice, said in a news release that the median price for all sales, including new-home… Read more »

AZ: Yavapai County Coping With Explosive Growth

The word has been out for many years. Yavapai County is a great place to live. Forests and river valleys, clean air, clean water, and open spaces are the attributes that local residents value. The county is as large as Massachusetts and when the county’s population jumped to 211,000 in the latest census, the north-central… Read more »

AR: Higher Population Counties See Home Sales Dip in January

Information in the inaugural The City Wire’s Arkansas Home Sales Report indicates that Arkansas’ housing market continues on a slow pace toward recovery, with low interest rates and economic uncertainty competing for the attention of potential home buyers. The City Wire’s Arkansas Home Sales Report captures home sales data in the state’s 14 most populated… Read more »

Willamette Valley Real Estate Likely to Rebound in 2012

Eugene, Springfield housing market to rebound in 2012. According to Realtor David Holland of Eugene Oregon… “Our business is experiencing an unusually high volume of enquiries for this time of year.” I’m seeing a measurable increase in pending, as well as closed home sales in Lane County, Eugene.” David suspects that the local real estate… Read more »

Featured Gay Friendly Realtor: Troy Goodwin, Tucson

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. Troy Goodwin offers his clients a world of experience in Tucson real estate. He has worked with Coldwell Banker for more than twelve years in California, Nevada and Arizona…. Read more »

Is Ohio’s Foreclosure Crisis Coming to an End?

The foreclosure crisis in Ohio could come to an end after one more bump in foreclosure-related action by lenders, area real estate and banking experts said Wednesday. Despite a flat change in January in foreclosure filings in Butler County, actual foreclosures are expected to fall once the market overcomes an expected bump in foreclosure-related filings… Read more »

Florida Home Prices Improved in January

Home prices statewide rose 5 percent in January, the Florida Realtors said Wednesday. The median price for existing homes across Florida last month was $129,000, compared with $122,500 a year ago. Although sales declined statewide, pending deals have increased in every month since May and the number of homes for sale statewide has fallen by… Read more »

FL: Miami Home Sales Climbed 23% in Fourth Quarter of 2011

Based on the latest data from the Miami Association of Realtors, Miami’s Metropolitan Statistical Area (MSA) residential sales – including existing single-family homes and condominiums – increased 23 percent in the fourth quarter of 2011, from 4,722 to 5,839, compared to a year earlier. This rise marks 14 consecutive quarters of rising sales that culminated… Read more »

Featured Gay Friendly Realtor: Fred Richenderfer, Providence, Rhode Island

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. Thank you for visiting my Gay Realty Network web site. I am a dedicated, full-time, RE/MAX agent serving the Greater Providence, East Side, Cranston, Warwick, Lincoln, North Providence, Cumberland,… Read more »

FL: Ft. Lauderdale Home Prices Increased 5% in 4th Quarter of 2011

According to the Broward Council of the Miami Association of Realtors, sales of Broward County homes – including existing single-family homes and condominiums – increased six percent, from 6,225 to 6,572, in the fourth quarter of 2011 compared to a year earlier. Broward sales of existing single-family homes increased 15 percent in the fourth quarter… Read more »

FL: Orlando Area Home Sales, Prices Down in January

Median prices of existing homes in Orange and Seminole Counties dropped 9 percent from December to January, a month of mixed indicators for a recovering housing market. The midpoint price of a house that sold during January was $108,000, down from $119,000 a month earlier, according to a report released Thursday by the Orlando Regional… Read more »

New Mexico Home Sales Increased 13% in January

Home prices continued to slide in January, but there was a 13.22 percent increase in closed sales to 411 for single family homes, according to the Greater Albuquerque Association of Realtors’ January report. Sales volume dropped 9.45 percent to nearly $80 million. “Consumers are buying in price ranges that are extremely affordable,” said Marc Guggino,… Read more »

Suburbs Lead in Home Sales Increase in Chicago

Home sales in the seven-county metropolitan Chicago real estate market continued their upward momentum in January, led by strong sales gains in five of the collar counties, according to an analysis by RE/MAX. Home sales for the month totaled 4,433 and were 14 percent higher than in January 2011. It was the largest January sales… Read more »

US: January is Seventh Consecutive Month for Increased Real Estate Sales

According to the latest RE/MAX National Housing Report, for the seventh consecutive month, home sales in January inched higher, rising 3.4 percent above levels seen last January. This data is based on a weighted average of 53 metropolitan areas surveyed. After an unexpected jump in sales at the end of 2011, January sales returned to… Read more »

IN: Indianapolis Real Estate Sales Climbed Again in January

New numbers have experts optimistic about central Indiana’s struggling housing market. January’s existing home sales in the nine-county Indianapolis area are up 13.4 percent from last January, RTV6’s Tanya Spencer reported. That’s good news, considering sales had dropped about 30 percent over the last five years. Jim Litten, president of F.C. Tucker Realty, has analyzed… Read more »

NV: Home Prices Have Dropped 60% Since Peak

Home prices in the state of Nevada, including distressed property sales, have fallen 60 percent since the housing market peaked in April of 2006 according to CoreLogic’s December Home Price Index (HPI), the largest decline in home prices of any state in the country. But Nevada wasn’t the biggest loser in 2011, that distinction belonged… Read more »

TX: Home Sales Improved in Fourth Quarter of 2011

Sales of existing single-family homes in Texas followed seasonal trends and declined from the third quarter of 2011 to the fourth quarter but were still over seven percent higher than a year earlier according to the latest data from the Texas Association of REALTORS(R) (TAR). An estimated total of 46,764 existing single-family homes were sold… Read more »

Featured Gay Friendly Realtor: John Rouse, Pacific Grove, 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 Realtors and Real Estate Professionals on the California Central Coast J.R. Rouse, Broker/Owner of J.R. Rouse Real Estate, is the ONLY Diamond Certified Real Estate Agency in… Read more »

KS: Wichita Home Sales Jumped in January

New and existing home sales were up 22 percent year over year in January in the Wichita area, as good weather, good prices and low interest rates drove an unusually strong winter month. A total of 421 homes were sold in Wichita last month, up from the 344 sold in January 2011, according to figures… Read more »

New Study Shows 85% of Foreclosures Had Issues

That’s a pretty startling headline, isn’t it? Yet, that was the conclusion reached by study of 400 foreclosure files commissioned by San Francisco County assessor-recorder Phil Ting. You can read the data in a report authored by the auditors called “Foreclosure in California- A Crisis in Compliance.” It’s only 21 pages long and written in… Read more »

Homebuilder Confidence Reaches Highest Level Since 2007

Confidence among U.S. homebuilders climbed more than anticipated in February to the highest level since May 2007, pointing to an improving outlook for construction. The National Association of Home Builders/Wells Fargo index of builder confidence rose for a fifth straight month, to 29 in February from 25 in January, figures from the Washington-based group showed… Read more »

Live, Love and Play in Wilton Manors, Florida

A popular area for gays to live, love and play in South Florida is Wilton Manors.  Located a few miles north of Downtown Fort Lauderdale and a few miles east of Fort Lauderdale Beach, the city of Wilton Manors is surrounded by water and thus was aptly nicknamed “Island City”.  The gays on the other… Read more »

Featured Gay Friendly Realtor: Randy Slovacek, Las Vegas

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 Realtors and Real Estate Professionals in Nevada I have been buying and selling real estate for over ten years. After my first purchase, I realized that my… Read more »

US: Almost 100 US Home Markets Showing Improvement

The National Association of Home Builders recently released its First American Improving Markets Index, showing that 36 states are now represented by at least one market and the list of improving housing markets increased to nearly 100. The index chooses markets that have shown improvement in housing permits, employment and house prices for at least… Read more »

Ashland Area Home Sales Up in the Last Three Months

The selection of existing homes for sale in Jackson County continues to drop, meaning a house ignored a few weeks ago now may get a glance and a walk-through. With low mortgage interest rates making many properties attractive, Medford’s single-family residential prices are on the rise, according to figures released Monday by the Southern Oregon… Read more »

Foreclosure for Dinner

A few months ago, I happen to be enjoying a nice meal the other day with my partner, when I happen to hear some words coming from a table near by.  As a New Mexico mortage banker, certain words, or phrases always catch my attention; especially if what is being said causes an eye twitch,… Read more »

Featured Gay Friendly Realtor: A. Daniel Bouchard, Washington, DC

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 Realtors and Real Estate Professionals in Washington, DC Life is hardly ever absolute or simple! And home buyers and sellers are constantly confronted with dilemmas and uncertainty,… Read more »

Portland Home Prices Dropped Again in November

Home prices in the U.S. dropped in November, the third consecutive month for them to do so according to the Standard & Poor’s/Case-Shiller home price index. The decline isn’t unusual for fall, which typically follows the peak buying season. But prices were still down compared to the same time in 2010. Portland home prices declined… Read more »

Realtor About Town: Kamloops Neighborhoods

Realtor About Town This video series covers the various neighbourhoods of Kamloops. Follow me as I look at neighborhoods in Kamloops.  If you are looking for city and country living, Kamloops is a great place to hang your hat. The video blogs will give you a perspective of seeing Kamloops from your living room. As winter… Read more »

Featured Gay Friendly Realtor: Chad Francise, Gay Scottsdale Realtor

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 Phoenix and Real Estate Professionals Chad specializes in Scottsdale real estate and homes for sale in Maricopa County. if you’re looking to buy or sell a home,… Read more »

WY: Cheyenne, Casper Foreclosure Rates Dropped in November

Casper’s and Cheyenne’s mortgage rates decreased in November over the same period last year, according to newly released data from CoreLogic. Foreclosure activity in Casper and Cheyenne is lower than the national foreclosure rate which was 3.41 percent for November 2011. Data reveal that the rate of Casper area foreclosures among outstanding mortgage loans was… Read more »

Utah: Lesbians Selling Mormon Prophet’s Birthplace

The birthplace of one of the greatest Mormon prophets, former LDS Church president Gordon B. Hinckley, is up for sale. The owners, according to the Salt Lake Tribune: a lesbian couple, Cristy Gleeve and Keri Jones (who together have a daughter named Glory). Hinckley was the LDS Church’s longest-serving leader until his death in 2008… Read more »

Maybe McMansions Were Just a Phase?

New research suggests that the trend toward downsizing in the US will continue even after the economy recovers: After many years of dramatically increasing home size in America – from an average of 983 square feet in the 1950s up to 2300 square feet in the 2000s, despite declining household sizes – the trend appears… Read more »

Featured Gay Friendly Realtor: Joe Stanfield, Charlotte, North Carolina

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 Realtors and Real Estate Professionals in Charlotte, North Carolina A great real estate agent needs many skills and qualities, including integrity, community and real estate market knowledge,… Read more »

Manhattan Rents Surge Again

It may or may not be a leading sign of economic recovery, but rents in Manhattan are surging back to their all-time high. Manhattan apartment rents continued to soar through the roof in January and are now getting close to hitting historic highs. The average price of a rental apartment was a whopping $3,352, up… Read more »

Houston Real Estate Sales Climbed Again in December

Buttressed by a continuous improvement in the city’s employment rate, home sales in Houston rose for the seventh consecutive month in December. Single-family home sales in the month across Houston hiked 7.2% from December 2010, according to the Houston Association of Realtors. In fact, every segment of the city’s housing market experienced positive sales activity… Read more »

Featured Gay Friendly Realtor: Tammy Mobley, Highlands, North Carolina

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 Realtors and Real Estate Professionals in North Carolina Tammy is a licensed gay friendly real estate Broker in North Carolina, South Carolina and Georgia, specializing in mountain… Read more »

Gatlinburg and the Great Smokies

We have so many visitors to Gatlinburg and the Great Smoky Mountains, between 9 and 10 million each year, that in taking care of my day to day real estate business, family, friends and paying attention to my partner I sometimes forget about the real beauty of the area. It’s really a special place. Gay… Read more »

What to Do if You’re Rejected for a Mortgage

Lenders have been much stricter lately when it comes to giving out home loans. A person could previously get a home loan much easier than nowadays. Many people have been denied a home loan for various reasons. Here are the top reasons potential homebuyers are denied a mortgage: Insufficient income This reason is fairly obvious,… Read more »

HUD Announces New Regulations to Protect LGBT Renters

U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan announced today new regulations intended to ensure that HUD’s core housing programs are open to all eligible persons, regardless of sexual orientation or gender identity. Donovan previewed the announcement at the 24th National Conference on Lesbian, Gay, Bisexual and Transgender (LGBT) Equality – Creating Change. View… Read more »