Gay Real Estate News Round-Up – June 5th

Hillcrest Gayborhood - San DiegoWe’re going to start bringing you interesting real estate articles, LGBT and otherwise, in a regular travel round-up. Enjoy!

GENERAL INTEREST

USA:
Is Rent Out of Reach? Study Shows How 11 US Cities Stack Up (Dallas News)
Renters are on the rise in America’s biggest cities, but many tenants are scrambling to keep up with growing rent bills and shrinking vacancies, according to a recent study.
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USA:
The 10 Worst Markets in America to Buy a Home Right Now (The Cheat Sheet)
Buyers and sellers in the real estate market are quickly finding out that homes are truly worth whatever someone is willing to pay for them. By the time closing papers are signed, homes can sell for above, below, or equal to estimated market value.
full story

AROUND THE GAYBORHOOD

NEPAL:
Nepal Police Stop Landlord Evicting Gay and Transgender Tenants (Gay Star News)
Nepalese Police have stepped in to stop the forced eviction of a group of LGBTI tenants by their landlord who had padlocked their rooms shut.
full story

CANADA:
Toronto, Vancouver See Rental Renaissance (YorkRegion.com)
With the appetite for condos beginning to wane and sky-high home prices leaving home ownership out of reach for many, developers and institutional investors in Toronto and Vancouver are increasingly setting their sights on rental units.
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USA, CALIFORNIA:
Mission District Luxury Condo Moratorium Rejected (San Diego Source)
San Francisco Supervisors rejected a plan late Tuesday night to temporarily block construction of luxury condos in the city’s Mission District.
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USA, CALIFORNIA:
San Francisco Rents Hit the Stratosphere (Seattle PI)
According to Zillow, the new median rent in San Francisco is $4,225 a month.
full story

USA, WASHINGTON:
King County Median Home Price Up 9% in a Year (Seattle Times)
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