Has Homeownership Lost Its Luster?

Meredith Carr and Vince Melamed of Brentwood are just the sort of couple real estate agents have always counted on to buy a home. Melamed is a successful keyboardist and songwriter who wrote hits including Trisha Yearwood’s “Walkaway Joe,” and Carr is a freelance editor. They owned a home in Nashville, but when they moved… Read more »

FL: Investors Buying Up Fort Lauderdale Condos

Investment groups completed two more Broward County bulk condo deals in the past week. Last Friday, Miami-based Sonata Grand LLC, headed by Pierre Heafey, spent $9.7 million, or $173 a square foot, for 22 units at Sonata Beach Club in Pompano Beach, according to CondoVultures.com, a real estate consulting firm. This week, Village East Investment… Read more »

Canadian Real Estate Market Will Likely See Steady But Not Stellar Growth

The Canadian housing market remains strong, but the days of double-digit gains in real estate are largely over, according to the president of Coldwell Banker Canada. And that’s all the more reason to view your home purchase primarily as a lifestyle decision rather than an investment in the hopes of a “quick return,” John Geha… Read more »

How to Pursue a Home Loan Modification

Home owners all across the world wait with baited breath of any news regarding a change in the home loan structure, mortgage loan structure, any reductions accompanying these type of loans etc. The loan modification process introduced by the Obama administration is a benchmark in the history of American real estate market as the mortgage… Read more »

Featured Gay Friendly Realtor: Millynn James, Portland, Oregon

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 Portland, Oregon Realtors and Real Estate Professionals Top-producing broker serving the LGBT community’s real estate needs for 15 years, 34 years an out lesbian activist. About Gay/Lesbian… Read more »

New Loft Apartments Planned for Buffalo, New York

More loft style apartments are planned for Buffalo – this time in North Buffalo. Ciminelli Real Estate has inked a deal to puchase Bethune Hall and renovate the four-story structure into loft apartments. The building is located on Main Street near Bennett High School. At one time it housed the Buffalo Meter Company but recently… Read more »

Minnesota: Farmland Real Estate Sales Booming

The bidders drove over snow- and ice-covered highways for a chance to own one of the most lucrative properties in the U.S. Midwest: 120 acres of farmland in Greene County, Iowa. The winner of last month’s auction at St. Joseph’s Parish Center in Jefferson offered $8,200 an acre — almost $1 million — for the… Read more »

Five Tips for Gay & Lesbian Homeowners

LGBT home sellers should understand that it is still a buyer’s market and that the average time it takes to sell a home is more indicative of a bear market than it is of a bullish one. With that in mind, LGBT homeowners who hope to sell in 2011 are encouraged to be proactive about… Read more »

CA: Luxury Home Sales Up 21%

Even the rich love a deal. California homes priced at $1 million or more experienced a sales boom in 2010, the first increase in five years, even as overall home sales in the state declined, a real estate information service reported. The reason: High-end home shoppers went bargain hunting as certain parts of the economy… Read more »

Featured Gay Friendly Realtor: Gregg Klar, Austin, Texas

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 Location Realtors and Real Estate Professionals in Austin, Texas Gregg is always available to give you personal, one-on-one help with the biggest decision you’ll make in your… Read more »

OR: Ashland Area Realtors Hopeful for 2011

Perhaps the bright blue sky outside Thursday foretold better things to come. But with home prices continuing their five-year downward spiral, those in the know made no effort to sugarcoat the local real estate forecast for 2011. Reviewing 2010 and giving their hazy best guesses for the new year, Rogue Valley Association of Realtors representatives… Read more »

San Diego Real Estate Affordability at All-Time High

Home affordability for first-time buyers in the San Diego region reached a record-high last quarter, made possible by historically low lending rates and slight drops in median home price, according to an index from the California Association of Realtors late this week. Sixty-two percent of first-timers in the region can afford starter homes, rising from… Read more »

Dallas-Fort Worth Sees Home Price Dip

Dallas-Fort Worth home prices fell a negligible 0.2 percent in the fourth quarter. The decline was the first such drop since mid-2009 for the D-FW area in the National Association of Realtors’ quarterly U.S. home-price report. Nationwide, home prices inched up 0.2 percent from a year earlier during the same period, according to the Realtors’… Read more »

DC: Home Sales in January Up 31% Over Last Year

Home sales in the Washintgon, D.C., metro region got a bump last month, according to one index. Pending sales were up 31 percent from a year earlier, according to RealEstate Business Intelligence, a subsidiary of Metropolitan Regional Information Systems of Rockville. The index is a two-year moving window that uses pending sales and median sales… Read more »

“Boom” Gay Planned Community Coming to Palm Springs

Boom, a planned community slated for 100+ acres in Rancho Mirage, was originally conceived with gay people in mind, but straight people can come too–everyone’s invited to the multi-generational, pedestrian-oriented, culture-driven, hyphenation-mad little burg, for which plans include 300 residences in eight neighborhoods, an entertainment complex, a boutique hotel, a gym, and “state-of-the-art wellness facilities”… Read more »

Is Seattle Real Estate Market Bouncing Back?

Fourth quarter real estate numbers are dismal, but the picture changes when you look at what happened in January. A new report from Zillow.com shows a drop in home values and an increase in people who owe the bank more than their home is worth. According the Zillow’s data, nearly three out of 10 local… Read more »

MN: Twin Cities Real Estate Values Still Dropping

With each passing month, woes continue for the Twin Cities housing market. A steady stream of reports show the housing market still faces a mighty struggle, as home values continue to fall and the number of homeowners who owe more on their mortgages than their houses are worth continues to rise. The latest data, from… Read more »

GA: Atlanta Home Values Dropped to 1999 Levels in 2010

Home values in metro Atlanta fell 15 percent in the final three months of 2010. That’s according to real estate company Zillow, which tracks home prices nationwide. By comparison, homes values only fell 6 percent nationally. More than 54 percent of single-family homes in Atlanta are worth less than their owners owe on them. What’s… Read more »

AZ: Phoenix Foreclosures Account for 43% of Home Sales

Foreclosures accounted for 43 percent of January’s home sales in the Phoenix area, bouncing up from about 30 percent of single-family resales in the last few months of 2010. The latest report from Arizona State University’s W.P. Carey School of Business also reports that more than 3,600 single-family homes were impacted by foreclosure proceedings in… Read more »

Planned Boston Gay Retirement Community Files for Bankruptcy

The entity formed to build what was to be Boston’s first retirement community catering specifically to gay men and lesbians filed Tuesday for Chapter 11 bankruptcy protection. Stonewall Miner LLC listed assets and liabilities both in the range of $1 million to $10 million. The company’s Fenway project never broke ground, according to media reports… Read more »

CO: Vail Real Estate Market Picked Up in 2010

With final numbers for the year in hand, 2010 looks like a good news/bad news year for local real estate. First, the good news: * Transactions were up by one-third over 2009. * Total sales volume increased by two-thirds over 2009. * Whether or not prices have hit bottom, buyers are coming back, if not… Read more »

MN: Minneapolis Real Estate Market Showing Signs of Life

Employment, hospitality, entertainment and mass transit usage were up last year in downtown Minneapolis. The commercial real estate market absorbed the equivalent of nearly four Target stores full of space, and vacancy rates started to decline. Crime and homelessness also were down as business rebounded and the arts-and-entertainment industries surged. Those are the headlines from… Read more »

SC: Lowcountry Real Estate Market Improving

The real estate business chugged toward recovery last year in both the Hilton Head Island and Beaufort areas, according to statistics and Realtors. Home, condo and villa sales increased 16.1 percent to 2,486 in the Hilton Head area and by 21.7 percent to 963 in the Beaufort area compared to 2009, the South Carolina Realtors… Read more »

BofA Getting Out of Reverse Mortgage Business

Due to “competing demands and priorities that require investments and resources be focused on other key areas of…business,” Bank of America has announced that it will be pulling out the reverse mortgage origination business[1]. The decision follows in the wake of much bad press from around the country as BofA finds itself under attack in… Read more »

AB: Edmonton Real Estate Sales Start Slow in January

Edmonton-area home sales started 2011 at a considerably slower pace than 2010, show MLS figures released Wednesday by the Realtors Association of Edmonton. Residential sales for the Edmonton region in January were 735, down 11.9 per cent from December and off by 21 per cent from January 2010. Buyers began entering the market in January… Read more »

NY: Manhattan Condo Prices Dropped in November

In November, prices fell by 2.9% to $1,037.63 per square foot from October, according to real-estate data company Radar Logic’s monthly RPX index. The decline marks a reversal from the upward trajectory Manhattan condo prices have been on since hitting a four-year low of $932.42 per square foot in May 2009. Since then, the city’s… Read more »

BC: Vancouver Housing Market Hanging in the Balance

Metro Vancouver’s housing market remained in balanced market conditions in January, although there were signs of a sellers’ market returning with higher levels of demand in larger communities. “There was a healthy balance between the number of home buyers and sellers in our market in January, but there’s always variation in activity from region to… Read more »

Will US Housing Prices Stabilize in 2011?

Are better times ahead in real estate? And are declining home prices likely in the coming year? Can both happen at the same time? That might be the case, according to a new analysis from Fiserv, Inc., an information management provider for the financial services industry. It says both that prices will stabilize — but… Read more »

Five Hidden Costs for Homeowners

The decision to rent or buy can be complicated. There are a lot of factors to consider–market statistics, home prices, how long you plan to stay in your home, how fast rents rise, and so on. There are online calculators that can give you a rough idea of whether it would be better for you… Read more »

Dubai: Three Manmade Islands in The World Project For Sale

Three islands on The World project here in Dubai ­Finland, Sapporo and Kathmandu – are up for sale in the secondary market, Emirates 24|7 can reveal. Two Dubai-based real estate agencies have put online adverts for sale of the islands, with Finland and Sapporo, the high-density islands, offered at a discount. The 350,226.00-square feet Finland… Read more »

Is Sustainable Living the Wave of the Future?

TURNING green is becoming more and more popular among homeowners as rising household costs, government legislation and greater environmental awareness combine in favour of making a change. Real Estate Institute of Queensland managing director Dan Molloy said sustainable housing was no longer a fringe issue and was increasingly seen as a smart investment decision undertaken… Read more »

2010 Was a Tough Year for Tulsa Real Estate

2010 was the worst year for Tulsa-area home sales in over a decade, as consumers still jittery about the economy put off buying new places to live. Then again, there have been much worse years for home sales, said John Woolman, president of McGraw Realtors. “It was worse in the ’80s,” he said. “People just… Read more »

Portland, Maine Office Vacancies at New High

Drew Sigfridson is a property broker with The Boulos Company, which has just released a survey on the office market in Maine’s biggest city. He says there’s now almost 1.3 million square feet of desk and cube space sitting empty–that’s 11.2 percent of all available space. “Essentially what we saw in 2008, 2009, 2010, was… Read more »

US: Foreclosures Up in Most Major Cities

The foreclosure crisis is getting worse as high unemployment and lackluster job prospects force homeowners in an increasing number of U.S. metropolitan areas into dire financial straits. In Seattle, Houston and Chicago, cities that were relatively insulated from foreclosures early on in the housing bust, a growing number of homeowners are falling behind on mortgage… Read more »

NV: One in 10 Reno Homes Foreclosed in 2010

RealtyTrac released its 2010 Year-End Metropolitan Foreclosure Market Report on Wednesday, and one in every 16 Reno-Sparks homes went into foreclosure in 2010. The national average was one in 45 homes. Reno-Sparks ranked 11th on the list of the nation’s 206 metropolitan areas in foreclosure activity. In 2010, 11,005 properties received a foreclosure notice. That… Read more »

Zsa Zsa Gabor to Sell Beverly Hills Estate

Zsa Zsa Gabor’s mounting medical bills and the staggering monthly costs of upkeep on her sprawling estate were the driving factors behind the decision to put the property on the market, the actress’ husband said today. Prince Frederic von Anhalt gave reporters a tour of the 28-room, 12,000-square-foot mansion, and explained that he had no… Read more »

Is Real Estate A Good Hedge Against Inflation?

It often gets thrown around that owning real estate is a good “hedge” against inflation. That is, real estate prices will inherently rise under inflationary pressures. As far as conventional wisdom goes, this seems to be the case. But does this relationship actually hold true? To investigate this idea further, we looked at three separate… Read more »

US Sees Third Month of Commercial Real Estate Price Increases

U.S. commercial property prices rose 0.6 percent in November from the previous month, the third consecutive gain, as the economy showed signs of improvement, according to Moody’s Investors Service. The Moody’s/REAL Commercial Property Price Index climbed 2.8 percent from a year earlier, Moody’s said in a report today. It is up 6.4 percent from an… Read more »

Detroit Real Estate Offers Some Great Opportunities

Residential and commercial development in Detroit remains extremely challenging, but opportunities are emerging in both residential and commercial real estate, according to a panel of experts that spoke today at a University of Michigan Ross School of Business conference about revitalizing the city. “We’ve lost 30% plus in valuation over the last 10 years,” in… Read more »

Five Tips For Buying a Home

With low interest rates and foreclosure and short-sale properties on the market, many first-time home buyers have made the decision to enter the market. If home ownership is finally within your reach, be sure to keep these five tips in mind before beginning the process. 1. Do Your Homework: Use the Internet or a Realtor… Read more »

How to Understand Real Estate Contracts

Let’s say you’ve done the exciting part: You’ve gone out and found a house to buy at the right price! Once your offer is accepted, you’ll be presented with a real estate contract. This is something that your lawyer looks over, and often negotiates terms of – but you need to understand it, too. Let’s… Read more »

HUD Announces New Rules to Protect Gays, Lesbians, Transgender People From Discrimination

U.S. Housing and Urban Development officials spoke to select members of the gay media today to announce new proposed regulations to ensure equal access to housing regardless of sexual orientation or gender identity. “Unfortunately, we’ve seen evidence that lesbian, gay, bisexual, and transgender individuals and families are being arbitrarily excluded from some housing opportunities,” said… Read more »

New York Real Estate Prices Still Dropping

Despite a big pick up in the number of commercial buildings sold last year, as well as in the total sales prices, average property values are still sinking. Citywide property values in 2010, based on price per square foot, fell 8.4% last year from 2009 levels, according to year-end figures released Wednesday by Massey Knakal… Read more »

Featured Gay Friendly Realtor: Bob Sedlor, Austin, TX

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, Texas Realtors and Real Estate Professionals Bob has built a reputation for customer satisfaction, and he is devoted to making your move as easy as possible…. Read more »

The Advocate’s 9th Gayest City in America: Seattle

Seattle has always had a creative, fun gay scene, making this cosmopolitan city the shining gay star of the Pacific Northwest. This is where the graceful and hip Ace Hotel chain got its start. It’s where The Stranger hosts its yearly homemade porn film festival. It’s the home of gay spokesman Dan Savage, founder of the… Read more »

Will US Cold Spell Drive Florida Real Estate Sales?

How’s this for marketing material: Last Tuesday, nearly 70 percent of the contiguous United States was covered in snow, and the National Weather Service said every state except Florida reported snow on the ground — even Hawaii. That has some optimistic Realtors and real estate agents around the state thinking that the brutal winter weather… Read more »

Forbes Lists US’s Most Affordable Cities

The Great Recession is forcing a lot of people to do more with less — including a lot less money for their daily living expenses. And while consumers haven’t been migrating to the degree they did during the Great Depression, there are probably quite a few who would seriously consider moving to a less expensive… Read more »

Are New Appraisal Rules Stifling Home Sales?

Local realtors complain that new guidelines for real estate appraisals have further depressed metro Detroit’s real estate market. Jan. 16, Detroit Free Press: Detroit-area real estate agents say up to 40% of their deals have unraveled in the past year as stringent laws regulating home appraisals have made it tougher for homeowners to get the… Read more »

National Association of Realtors: Winter Good Time for Buyers & Sellers

Is there a “best time” to sell your home? According to local real estate professionals and the National Association of Realtors, factors such as interest rates, employment, competitive pricing and even the school calendar year are factors to consider when selling a home in any season. The National Association of Realtors website states several advantages… Read more »

The Advocate’s 10th Gayest City in America: St. Louis

This is the open-minded heart of the Midwest. Anheuser-Busch just made a cash donation to the gay-and-lesbian-centric Gateway Business Guild, and St. Louis artist and gallery owner Philip Hitchcock was named as Mr. Midwest Leather 2010. But it was last October’s First Annual Trans Family Picnic, put on by local advocacy group TransHaven (TransHaven.org) in… Read more »

Four Tips for Finding a Good Realtor

Finding a real estate agent is not hard. Stick a store-bought For Sale sign on your lawn and wait for real estate agents to start calling. The hard part is finding one who is really good at what they do and who will work hard for you and with you. Barry Zigas, director of housing… Read more »

Money Saving Tips for LGBT Homeowners

Saving energy around the house makes sense, and it can also help save a significant amount of money now and in the future. Here are a handful of ideas that are especially helpful but are often overlooked by those LGBT homeowners trying to minimize their energy consumption: Sustainable landscaping A more sustainable landscape not only… Read more »

How is Buying a Home Different for Gay/Lesbian Couples?

Periodically, we’ll run guest columns from our member realtors on their areas, and issues that affect gay and lesbian buyers.  Here’s the next in the series – a great column from Kathleen McMullen about buying real estate as a gay or lesbian couple.  (click here to see Gay Realty Network’s Phoenix real estate page): As… Read more »

Featured Gay Friendly Realtor: Barbara Stone, Dallas, Texas

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 Dallas Realtors and Real Estate Professionals As a multi-million-dollar producer, Barbara Stone has over 25 years of cutting edge business skills and experience to help gay and… Read more »

The Advocate’s 13th Gayest City in America: Denver

With its new Gay and Lesbian Center (GLBTColorado.org), its gay state senator, Pat Steadman, and its newly appointed gay supreme court justice, Monica Marquez, Denver exemplifies that equality is inevitable – and hard fought. It’s just been 19 years since Colorado voters approved the antigay Amendment 2 (ruled unconstitutional by the U.S. Supreme Court in… Read more »

The Advocate’s 15th Gayest City in America: Miami

Miami has finally graduated from party town to something more sophisticated. Over the past 10 years, the city has zipped itself up, with Art Basel lending an air of international sophistication. The Design District has given the city its own promenade of chic stores and restaurants, and style boutiques like the Webster (TheWebsterMiami.com) and Alchemist… Read more »

Featured Gay Friendly Realtor: Jeffrey Fowler, Rehoboth Beach, DE

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 Rehboth Beach Realtors and Real Estate Professionals Jeffrey has over 28 years experience working in the business world for some of America’s largest companies. His knowledge and… Read more »

Houston Real Estate Market Set to Grow in 2011

The Houston real estate market was one of the strongest in the country last year. In 2011, it could enjoy the same distinction. This is the general consensus among many real estate and economic analysts. Here’s what people are saying about the Houston housing market in 2011. Clear Capital, a company that provides real estate… Read more »

Featured Gay Friendly Realtor: Marion McGuire, Glendale, Arizona

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 Location Realtors and Real Estate Professionals Marion goes the extra mile to help you achieve your goals, by constantly researching the market and property values so your… Read more »

US Fed Promotes Economic, Real Estate Market Recovery

Deflation fears are gradually receding. Last year’s Federal Reserve action to buy $600 billion worth of Treasury Bonds was an attempt to spur recovery and keep long-term interest rates low. It appears that board members are now mildly optimistic about 2011. According to the Federal Reserve, “The economic recovery is continuing, though at a rate… Read more »

How Will Shift in US Congress Effect Real Estate?

Now that the November elections are over, real estate professionals are looking toward 2011 as a year that will be marked with change. With a decisive shift in Congress, the fallout for the economy, business and consumers is still yet to be determined. In this month’s Power Broker Roundtable, real estate professionals Helen Hanna Casey… Read more »

Massachusetts High Court Rules Against Banks in Foreclosure Case

The state’s highest court sent ripples through the real estate industry yesterday ruling that banks and lenders must have proper documentation before foreclosing on a home. The Supreme Judicial Court affirmed a 2009 Land Court decision requiring banks to have proper documentation before moving forward on foreclosures. The decision affects thousands of homes that have… Read more »

Miami Luxury Condo Sales Heating UP

Now that Miami real estate has rebounded and “value” is the operative word on everyone’s list, it is the perfect time to find a condo on The Beach. Miami Beach Real Estate Consultant Dario Stoka explains why it time to buy. “Three years ago, everyone was a genius when it came to purchasing a condo… Read more »

Where Are the Gay Neighborhoods in Chapel Hill & Durham, North Carolina?

Periodically, we’ll run guest columns from our member realtors on their areas, and issues that affect gay and lesbian buyers.  Here’s the next in the series – a great column from Wendy Tanson about Chapel Hill & Durham, North Carolina’s gay neighborhoods.  (click here to see Gay Realty Network’s Central North Carolina real estate page):… Read more »

Australian Real Estate Likely to Lose Value in 2011

House prices in Australia are expected to fall considerably during 2011, according to The Global Real Estate Trends report. The drop in value will be a result of government planned spending cuts, austerity measures and higher interest rates, the report explained. Australia was singled out as one of the top-performing markets during 2010 – alongside… Read more »

Washington DC #2 in Foreign Real Estate Investments

The District will be the second-most favorite city, both domestically and globally, for real estate investments among foreign investors this year, according to an annual survey of the D.C.-based Association of Foreign Investors in Real Estate. New York, which ranked No. 3 in 2010, is the No. 1 U.S. city for foreign real estate investments… Read more »

Canadian Real Estate Prices Likely to Climb in 2011

A new survey says Canada’s real estate market is heading into a stronger-than-expected year that will likely see home prices steadily rise, while overall transactions moderate. Royal LePage reports that average home prices are expected to rise 3 per cent to $348,600 in 2011, while the number of transactions is predicted to fall 2 per… Read more »

Seattle Real State Agents Hopeful for 2011

Local real estate professionals see recent positive economic news as foretelling good things for the housing market — which is just as well, given that the housing numbers themselves continue to provide little hope. “If you were in any mall in Washington state in December, you got the feeling that the economy is headed in… Read more »

What Will 2011 Bring for US Real Estate?

The 2010 residential real estate market was a fetid stew of foreclosed homes, short sales, falling home prices and massive shadow inventory topped off with bad corporate behavior by the lending institutions and anemic government programs designed to help troubled borrowers. But one man’s poison may be another man’s medicine. Low interest rates, reduced home… Read more »

New York Beats Out London With Real Estate Investors

The U.S. real estate market is improving, at least for foreign investment dollars, according to the Association for Foreign Investment in Real Estate, or AFIRE. “As the fear of a double-dip recession has faded, investors are becoming more enthusiastic about the prospects for the U.S. economy and are taking aim at real estate investment opportunities… Read more »

Featured Gay Friendly Realtor: David Ostrowski, Baltimore

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 Baltimore Realtors and Real Estate Professionals Since 2001, David has been able to help many satisfied clients both buy and sell homes in the Greater Baltimore Area…. Read more »

Where to Buy in the Los Angeles Luxury Market

The cultural and financial make-up of many neighborhoods in and around Los Angeles is changing on a continual basis. Homeowners are moving out of their current situations and buyers are moving up as the real estate market in Southern California continues to change with the seasons. Los Angeles luxury real estate can be found throughout… Read more »

Commercial Real Estate Market Improving in US

Ross Moore has changed his outlook for the better in these last few weeks of 2010. As national chief economist for commercial real estate services company Colliers International, Moore follows about 100 economic indicators that keep his finger on the pulse of the economy and the commercial real estate industry. And since the beginning of… Read more »

Is US Real Estate Market In For Double Dip?

Housing markets have taken a turn for the worse, with the widely followed S&P/Case-Shiller index declining more than analysts had forecast in October, lending credence to the housing bears who have predicted a double dip. The real-estate sector has been one of the sticking points in the Fed and the government’s attempts to revive the… Read more »

Today’s Featured Gay Friendly Realtor: Michael McDonald, Santa Cruz, CA

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 Santa Criz Realtors and Real Estate Professionals Buying or selling a home often means a major life change. Michael feels privileged to serve his clients in this… Read more »

Tucson’s Retail Real Estate Market Recovering

As 2010 comes to a close, many of the gaping holes in shopping centers across Tucson have been filled. Burlington Coat Factory settled into a 65,000-square-foot space once occupied by Dillard’s at El Con Mall. Peter Piper Pizza opened a massive, 20,000-square-foot parlor across the street from Park Place in space vacated by bankrupt fabric… Read more »

Real Estate Negotiation Tips

Find out as much as you can about who you’ll be negotiating with before you start the process. Sellers need to know if the buyers are financially qualified to close a deal. Most sellers get hung up on the price. But, the highest price doesn’t always come from a buyer that can actually close the… Read more »

Would Legalizing Gay Marriage Lower Mortgage Rates?

In an interview conducted by Lori Hahn with M.V. Badgett, author of When Gay People Get Married, Dr. Badgett discusses how the Dr.’s homeland of the Netherlands gives 3/4 of the rights and benefits to gay couples simply if they live together.  From the article it can be construed that by including the right to marry for… Read more »

Featured Gay Friendly Realtor: Philip Altland, New York

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 City Realtors and Real Estate Professionals Philip has been in business since 1978. Douglas Elliman is the largest residential real estate firm in New York… Read more »

Ask An Expert: Still a Good Time to Refinance?

Have a question about the housing or mortgage markets? Louis Spagnuolo of WCS Lending in Boca Raton has answers. To submit a question that Louis may answer next week, click here. Q: With interest raising rising for the past month, has the window closed to refinance my home? — Neil A: There’s no question interest… Read more »

US Foreclosure Rates Plunged in November

RealtyTrac, the mortgage research firm, reports that foreclosures fell sharply in November. It may be a sign that the housing market has hit bottom. The company said, “its U.S. Foreclosure Market Report for November 2010, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 262,339 U.S. properties in… Read more »

Featured Gay Friendly Realtor: Nicholas Yale, Phoenix, Arizona

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 Realtors and Real Estate Professionals Nicholas is a Realtor with Realty Executives Realty in Phoenix, Arizona. He has worked in the Phoenix real estate market since… Read more »

Chicago Real Estate Market Improves

In about a week and a half the Illinois Association of Realtors will be releasing the home sale statistics for Chicago, the region, and the state. Once again the actual closings will be abysmal relative to last November. I estimate that they will report sales down about 40% from last year – with their usual… Read more »

St. Petersburg’s Gay Community Growing

Although Florida’s fourth-largest city has seen a minimal increase in population over the past 30 years, this sunny metropolis on a peninsula between Tampa Bay and the Gulf of Mexico has changed a great deal demographically. Once unflatteringly dubbed “God’s Waiting Room” for its predominant retirement-age population, the city and surrounding beach towns have become… Read more »

Featured Gay Friendly Realtor: David Maplesden, Takoma Park, MD

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 Location Realtors and Real Estate Professionals in Maryland David is originally from Brighton, England, in the United Kingdom. He’s been licensed as a Washington, DC Realtor since… Read more »

Great Deals in the Vancouver Real Estate Market

If you’re looking to purchase, sell or rent apartments, condos, town houses or lofts, the very best place to look is the Vancouver real estate marketplace. It is a large thriving marketplace with properties to fit just about any pocket. To get the best real estate deals, it is essential that you hire the services… Read more »

Featured Gay Friendly Realtor: Jeff Lempke, Delray Beach, Florida

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 West Palm Beach Realtors and Real Estate Professionals Jeff is a Multi-Million Dollar Producer, and is dedicated to making the negotiation process as easy as possible for… Read more »

Featured Gay Friendly Realtor: Bobby Peebles, Phoenix, Arizona

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 Realtors and Real Estate Professionals Bobby puts a lot of effort into his client relationshipts, working to locate the perfect dream home or investment property for… Read more »

Featured Gay Friendly Realtor: Ann Leviton, St. Paul, Minnesota

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 Location Realtors and Real Estate Professionals Ann earned her Minnesota real estate sales license back in in 1994, and became an ERA Dakota-Metro Realty agent shortly after…. Read more »

Refinancing Tips for Gay/Lesbian Homeowners

Mortgage interest rates recently fell so low that they broke all-time historical records, and rates have managed to remain extremely cheap and attractive for the past couple of months. Even before they shattered those longstanding records mortgage rates were already a bargain, however, and in this kind of highly appealing and extremely rare mortgage environment… Read more »

After Jump, Mortgage Rates Stabilize This Week

After a big jump last week, home-mortgage rates stabilized this week, with rates on fixed-rate mortgages barely changing, according to Freddie Mac’s weekly survey of conforming mortgage rates, released Wednesday. Rates on 30-year fixed-rate mortgages averaged 4.4% for the week ended Nov. 24, up from 4.39% last week. The rate averaged 4.78% a year ago…. Read more »

Featured Gay Friendly Realtor: Greg Rowland, Victoria, British Columbia

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 Victoria Realtors and Real Estate Professionals Greg is an Associate Real estate Broker with Newport Realty in Victoria. He’s worked in the Victoria real estate market on… Read more »

Gay Realty Watch: San Diego, California

We continue our look into local real estate markets with large gay and lesbian communities. Today, sunny San Diego – from the Oh-So-Gay Hillcrest District to Little Italy and Old Town to Artsy Solana Beach.  Here’s what’s going on in San Diego real estate this month: REAL ESTATE: Key permit measure hits zero in October… Read more »

Fewer Mortgage Payers Fell Behind in Third Quarter

Fewer mortgage holders have been falling behind on their payments, with delinquencies — payments more than 60 days late — in the third quarter making their biggest decline in the last four years, TransUnion said Monday. National delinquencies fell to 6.44% in the quarter, compared to 6.67% in the second quarter, although the number still… Read more »

New Wave of Distressed Homes to Hit US Real Estate Market

A wave of distressed residential properties may flood an already saturated residential real estate market in the coming months, according to CoreLogic. According to a report from the financial and property information provider CoreLogic (NYSE: CLGX), there were 2.1 million units of distressed, but not-yet-listed residential properties nationwide as of August 2010. That’s an eight-month… Read more »

Man Sells Virtual Real Estate for $650,000

How much would you pay for a string of ones and zeroes? How about a string of ones and zeroes that grossed you $200,000 a year? Jon “Neverdie” Jacobs made history by selling virtual property for a reported total of $635,000. Club Neverdie is a virtual asteroid in the online game Entropia. The Entropia Universe is… Read more »

Today’s Featured Gay Friendly Realtor: Cyndy Ciolino, Chicago

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 Chicago Realtors and Real Estate Professionals Cyndy has been working in the Chicago real estate market for the past eleven years. She mainly works with clients looking… Read more »

Weakness in US Real Estate Market Likely to Continue Through 2011

The perfect storm of converging crises that rocked US housing is unlikely to abate in 2011, with the albatross of negative equity haunting the market’s future. Foreclosures follow job losses, limiting lending access and erasing the advantage of low interest rates in a seemingly never-ending vicious cycle. See the following article from Money Morning for… Read more »