Posts Tagged: real estate

David de Maria – Seattle Gay Realtors

David de Maria - Seattle gay Realtors

David and Jamie De Maria are Seattle gay Realtors and proud members of Windermere Capitol Hill, a prominent real estate firm in Seattle. David is a second generation real estate broker and has been exposed to the business since childhood. With over 30 years of combined experience, David and Jamie are a well-rounded and savvy… Read more »

Mark B. Kravitz – Fort Lauderdale Gay Realtor

Mark B. Kravitz - Fort Lauderdale Gay 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: Mark B. Kravits, Esquire is a highly qualified, third generation real estate professional and Fort Lauderdale gay Realtor, and a native of South Florida – born and raised in… Read more »

Victoria S. Hallman – Austin Lesbian Realtor

Austin lesbian 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: Victoria is an Austin lesbian Realtor who specializes in residential and commercial properties in Central Texas. See Victoria S. Hallman’s Expanded Listing on Gay Realty Network Here Austin Gay… Read more »

David Ferraro – Fort Lauderdale Gay Realtor

David Ferraro - Fort Lauderdale Gay 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: Excellence in Real Estate – Serving the Fort Lauderdale My Commitment to You when buying or selling: In the least amount of time possible, I will get you the… Read more »

Billy Woomer – Palm Springs Gay Realtor

Billy Woomer - Palm Springs gay 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: Billy Woomer specializes in residential real estate throughout the Greater Desert Area. Whether a million dollar luxury home or a 1BR condo, Billy welcomes the opportunity to work with… Read more »

Chuck Ropp – Gay Phoenix Realtor

Chuck Ropp - Phoenix Gay 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: Chuck is an experienced gay Phoenix Realtor whose goal is to provide total satisfaction whether you are looking to buy, sell or find just the right financing for your… Read more »

Larry W. West – Gay Flagstaff Realtor

Larry W. West - Gay Flagstaff 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: Larry moved to Flagstaff Arizona in early 2007 from Laguna Beach California where he owned and operated a high-scale salon in Laguna Niguel for over 25 years. Larry has… Read more »

Michael Sullivan – Gay Durham Realtor

Michael Sullivan - Gay Durham 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: Michael Sullivan is a Triangle Area real estate agent who specializes in relocation to and from Raleigh, Durham, and Chapel Hill. He knows the area inside and out, and… Read more »

Madeline Daraio – Lesbian Fort Worth Real Estate Agent

Madeline Daraio - lesbian Fort Lauderdale 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: Madeline Daraio has been selling residential real estate since 1983. She works hard to educate her clients about the real estate process and Ft. Worth’s real estate market, helping… Read more »

Joe Duggan – Malden Real Estate Agent

Joe Duggan - Boston Gay 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: Joe Duggan is a native of Reading, MA and has been in the customer service industry for over 25 years. He attended Suffolk University in Boston, MA with a… Read more »

Ric Shanahan – Dallas, Texas

Ric Shanahan - Dallas Gay 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: Aristotle once said, ‘Pleasure in the job puts perfection in the work.’ It’s my pleasure to help you in all your real estate transactions. Whether you’re buying or you’re… Read more »

The Advocate’s Queerest Cities in America – #20. Anchorage

Anchorage, Alaska

Every year, The Advocate ranks the cities in the US for queer friendliness based on a number of criteria. This year, the criteria includes lesbian bars, trans events, gay rugby teams, theaters screening “Moonlight”, Misterb&b hosts, LGBT centers, and more. Here’s today’s pick: With over 300,000 hardy souls, Anchorage is the closest thing to a… Read more »

The Advocate’s Queerest Cities in America – 23. Anaheim, California

Anaheim - Disneyland - Pixabay

Every year, The Advocate ranks the cities in the US for queer friendliness based on a number of criteria. This year, the criteria includes lesbian bars, trans events, gay rugby teams, theaters screening “Moonlight”, Misterb&b hosts, LGBT centers, and more. Here’s today’s pick: Only an hour’s drive from Los Angeles, Anaheim is not such a… Read more »

The Advocate’s Queerest Cities in America – 24. Seattle

Seattle - pixabay

Every year, The Advocate ranks the cities in the US for queer friendliness based on a number of criteria. This year, the criteria includes lesbian bars, trans events, gay rugby teams, theaters screening “Moonlight”, Misterb&b hosts, LGBT centers, and more. Here’s today’s pick: Like Long Beach, Seattle has an out mayor (Ed Murray) and a… Read more »

The Advocate’s Queerest Cities in America – 25. Long Beach, California

Long Beach - Pixabay

Every year, The Advocate ranks the cities in the US for queer friendliness based on a number of criteria. This year, the criteria includes lesbian bars, trans events, gay rugby teams, theaters screening “Moonlight”, Misterb&b hosts, LGBT centers, and more. Here’s today’s pick: Long Beach has long been an underrated California city, with most folks… Read more »

The Gayborhood: Atlanta’s Westside

Westside in Atlanta, Georgia

Situated conveniently across I-85/75 west of Midtown, the city’s main gay hub, the Westside (also known as West Midtown) was mostly a swath of warehouses and industrial concerns — some of them vacant — until developers, restaurateurs, and artists began moving in over the past 10 to 15 years. This large neighborhood sprawls a bit… Read more »

The Gayborhood: Logan Circle, Washington DC

For a couple of decades, Washington’s gay community has been steadily expanding east of the city’s traditional hub of LGBTQ culture, Dupont Circle. The historic Logan Circle neighborhood abounds with beautiful 19th-century townhouses — many of which have been gorgeously restored in recent years. Logan Circle has morphed from a dodgy and downcast district to… Read more »

Post-Gayborhood: Mission District, San Francisco

Over the past decade, the gayborhood has morphed into what’s often termed a “post-gay” neighborhood. At many LGBT-owned businesses, you’re apt to bump into plenty of straight folks as well — and vice versa. And it’s a good bet that the formerly explicitly gay neighborhoods will continue to become steadily more diverse — including the… Read more »

How Important is Walkability?

It’s no secret that living in walking distance to work, schools or even shops is growing ever more popular, but it’s also a considerably rare commodity (which, in turn, makes it ever more desirable). New research by Redfin now reveals just how much exactly walkability, expressed in form of a Walk Score, is worth in… Read more »

The Perfect City for Millennials?

Millennials are seen as hyper-modern trendsetters – but when looking for a city to live in, some of their preferences are surprisingly conservative, new research reveals. New research by rentals portal Abodo reveals that the cliché of Generation Y seemingly doesn’t translate into what they’re looking for when moving to a new city. They asked… Read more »

A New Bubble?

Home values are appreciating faster than experts expected, rising almost 5 percent over the past year, according to the April Zillow Real Estate Market Reports. There are 3.4 percent fewer homes for sale in the U.S. than there were 12 months ago. Zillow forecasted home values would grow 2 percent from April 2015 to April… Read more »

Is San Diego Too Pricey?

The economy is looking up for many and according to the Case-Shiller index tracking resales of single family homes, this trend is being reflected in home prices. Nationally, prices are up 5 percent in the last 12 months, but in popular San Diego, that number is even higher. At a rise of 6.3 percent our… Read more »

Pokemon Go A Real Estate Selling Point?

Real estate agents are starting to jump on the Go bandwagon to try and sell homes. Since the game’s release in early July, thousands of people have signed up for the game; by now, use time is allegedly higher than that of Whatsapp, Facebook and Twitter. And as the small creatures once again take over… Read more »

Linda Jain, Lesbian Ft. Lauderdale Real Estate Agent

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: Ft. Lauderdale Real Estate Agent Linda Jain knows the Fort Lauderdale and Wilton Manors real estate markets inside and out, and knows the importance of great customer service and… Read more »

The Strange Is Gone From San Francisco

As I walk into the homey Inner Richmond apartment of Vetiver singer Andy Cabic three days before Christmas, the first thing I notice are the boxes lining the walls — an all too familiar sight in San Francisco these days. When asked about the changes the city has faced over the last five or so… Read more »

Toronto and Vancouver Buyers Can’t Move Up, So They Renovate

Defeated house hunters in Toronto and Vancouver who feel that the supply of affordable homes must be shrinking aren’t entirely imagining the phenomenon. Beata Caranci, chief economist at Toronto-Dominion Bank, says the houses listed for sale are increasingly tilted towards the upper end of the market. Her report, entitled Moving on the Monopoly Board: Buyer… Read more »

Everyone’s Moving to Oregon

A confluence of factors — including low supply, high demand, obstructive regulations and lacking infrastructure — is driving up housing prices in the state, a panel of state economists and housing experts told a legislative committee Tuesday, May 24. “There are too few units given the strong and growing demand,” said Josh Lehner, economist with… Read more »

Prices Surging for Philly Home Sales

Home values in a highly competitive Philadelphia Real Estate market – newly reclassified by the real estate search engine Zillow as “very hot” – finished the first quarter of 2016 higher than the peak the Philadelphia Real Estate market reached just before the housing bubble burst in 2007. “[This] implies that all of the losses… Read more »

Why Washington DC is the Best City for Gays

New York? Yawn. San Francisco? It’s been overrun by tech junkies. Chicago? Might as well be Shreveport. The jury is officially in, via my Facebook page, and Washington, D.C., has been declared the best city to be gay. But what makes our nation’s capital the ideal urban fruitopia for the LGBT community? Succinctly, today’s Washington… Read more »

Seven of the World’s Tallest Skyscrapers

As far as modern living goes, building higher and higher is one the trend du jour, with developers trying to (literally) outreach each other with every new project. From Dubai to Hong Kong, the trend to build high has originated some stunning designs with even more stunning views from the apartments. While London is currently… Read more »

LGBTI Community More Likely to Buy or Sell Homes

LGBTI people are far more likely to buy or sell a home than their straight counterparts, new research reveals. In a representative study Emerald Life, the UK’s first full-service insurance provider for the LGBTI community, asked 2,023 adults about their plans for the next six months; their results were then compared to a sample of… Read more »

Is San Francisco Market Slowing Down?

That sound you hear may be some air finally escaping from the inflated San Francisco real estate market. Home prices in the San Francisco Bay Area fell by 1.8% year-over-year in March, the first such drop in four years, according to Redfin , a Seattle-based real estate brokerage. “For years, San Francisco has been one… Read more »

US Luxury House Market in a Slump?

The luxury housing market is in a slump, with prices falling 1.1 percent in the first quarter of 2016 compared to the year-ago period, according to a new report from Redfin. Aside from a positive blip in 2015’s fourth quarter, the market has been slowing since the third quarter of 2014, so the drop is… Read more »

Is San Francisco’s Market Slowing Down?

That sound you hear may be some air finally escaping from the inflated San Francisco real estate market. Home prices in the San Francisco Bay Area fell by 1.8% year-over-year in March, the first such drop in four years, according to Redfin , a Seattle-based real estate brokerage. “For years, San Francisco has been one… Read more »

How To Make Expensive Cities Affordable For Everyone Again

Last week, we wrote about a new report from the California Legislative Analyst’s Office that found that poorer neighborhoods that have added more market-rate housing in the Bay Area since 2000 have been less likely to experience displacement. The idea is counterintuitive but consistent with what many economists theorize: Build more housing, and the cost… Read more »

What The Average Manhattan Rent Could Get You Abroad

Finding a home in Manhattan is notoriously hard, with rents steadily on the rise and an ever-growing influx of people looking to make the borough their home. For February 2016, MNS Real Estate reports the average Manhattan rent to be sitting at $3,850 (€3,411, £2,658), after spiking over $4,000 (€3,563, £2,812) towards the end of… Read more »

Most Rural LGBT Folks Move to Cities

More than half of LGBT people that live in rural areas of Northern Ireland feel compelled to move to cities, a new report has revealed. The findings by The Rainbow Project, also showed that 43% of respondents said their sexual orientation was at least partly related their desire to move. The survey explored the lives… Read more »

Millennials Leaving High-Cost Vancouver, B.C.

As the price of an average house in the beautiful city nears $1.3 million Canadian, young tech workers are moving out, leaving worried business leaders behind. Kevin Oke had a millennial’s dream job in Vancouver, B.C., working as lead designer at a video-game company whose clients included Atari and Ubisoft Entertainment, but he still couldn’t… Read more »

Could This 3D-Printed Home Be The Revolution For Off-Grid Living?

Buildings, transport and manufacturing consume the most energy in our day-to-day lives; but with ever-rising demand and cost, what would it look like if we reimagined these systems? The Additive Manufacturing Integrated Energy (AIME) demonstration project is one possible strategy to create a balance between urbanization, resulting in humanity’s growing need for energy, and humanity…. Read more »

SF Planners Recommend Approval of Housing Slated for Castro funeral home

As expected, San Francisco planners are recommending approval of a mixed-use redevelopment project that would incorporate a Castro funeral home building. At its February 11 meeting, the planning commission is expected to vote on the Prado Group’s revamp of Sullivan’s Funeral Home at 2254 Market Street and its adjacent parking lot. The developer has proposed… Read more »

3 Up-And-Coming Toronto Areas You Should Move To Before The Hype Hits

With Toronto constantly growing, neighborhoods around the city are constantly changing and the city’s ever-growing popularity sees the masses of dwellers follow the trend. Hipsters flocking into a certain area is the most obvious sign of gentrification rearing its head – but even right now, without coffee shops and ironic tote bags taking over the… Read more »

Will the Coming Bump in Interest Rates Lower Co-op and Condo Values?

New York City real estate professionals are split on what effect the Federal Reserve’s expected raise in short-term interest rates will have on property values and real estate development. According to the latest survey by accounting firm Marks Paneth, 41 percent say an interest rate hike will cause co-op and condo values to decline, 34… Read more »

The Escalating Demise Of Gayborhoods

Personal assistant Brenden Michaels is wondering if his days in Brooklyn are numbered. He still clings to a cheap rental flat in uber-gentrified Williamsburg, but has seen his neighbourhood’s prices skyrocket. He now laughingly suspects even the improvements he’s made to his own home may eventually come back to bite him. “I’ve repainted everything, put… Read more »

16 Predictions for New York City’s Housing Market in 2016

The year 2015 was all about records: new heights for sales prices, rentals … and the number of applications to affordable housing lotteries. But the market began to shift late in the year: sales price growth cooled, and landlords offered more concessions amid rising vacancies for rentals. Both are trends some brokers predict will continue…. Read more »

Maui Real Estate Draws LGBT Visitors, Permanent Residents

Former San Francisco resident Dan Hutchins was the focus of attention for a standing-room-only crowd of more than a hundred who packed Maui’s Seascape Maalaea Restaurant earlier this month. The Maui AIDS Foundation organized the event for World AIDS Day, and Hutchins was the featured speaker. For the first time publicly, he told the compelling… Read more »

San Francisco’s Millennials Can Afford Just 135 Square Feet For Housing

The typical San Francisco millennial can only afford to buy 135 square feet of housing, the lowest buying power in the country, according to personal finance company SmartAsset. Despite the city’s strong job growth and its reputation for well-paying tech jobs for young engineers, wages haven’t kept up with soaring property values. This year, San… Read more »

New York City Housing Prices Set Record

Manhattan apartment prices reached new highs in 2015, with the typical price of a co-op or condominium topping $1 million for the first time as the year drew to a close. The new benchmark, in the fourth quarter, was a milestone in the rising cost, and for many the unaffordability, of homeownership in New York… Read more »

Average Manhattan Apartment Now Costs Over $1 Million

The price of an average Manhattan apartment has passed the $1.9million mark after surging 60 per cent in the past 10 years. Remarkably, total real estate sales this year alone are expected to reach $24billion, and 190 apartments have sold for more than $10million each. The Manhattan market is traditionally composed of co-ops, in which… Read more »

Seattle Housing Shortage Worst in a Decade

King County is experiencing the worst shortage of homes for sale in more than a decade, driving prices higher and keeping more would-be buyers in apartments. The median price of single-family homes sold last month in King County was $499,950, a 13.6 percent increase over the past 12 months, the Northwest Multiple Listing Service reported… Read more »

RealtyTrac: 35% of Markets Back to Peak Prices

RealtyTrac has released its October 2015 U.S. Home Sales Report, which shows that among 94 major metro areas analyzed for the report, 33 markets (35%) have now reached new all-time home price peaks in 2015. The report also shows that the median sales price of U.S. single family homes and condos in October was $207,500,… Read more »

We Want More Walkable Neighborhoods – but Can Our Communities Deliver?

“The most requested neighborhood characteristic of all buyers is walkability,” real estate broker Andrea Evers recently told a reporter for The Washington Post. But, in an article written by the Post’s Michele Lerner, Evers went on to say that “very few areas” in the greater DC market meet the desired criterion, particularly if the prospective… Read more »

Chinese Cash Floods US Real Estate Market

Canyon Lake Ranch was once a playground for Christian day campers, and then was a corporate retreat with water-skiing, barbecues and cowboy shoot-em-up shows. Hawks now circle above 108 sunbaked acres occupied by copperhead snakes, a few coyotes and the occasional construction truck. Soon this ranch will be a gated subdivision of 99 mini-mansions designed… Read more »

Some NYC Supertalls May Not Survive A Market Slowdown

New York City’s top developers are becoming all too aware of a slowdown on the top end of the real estate market. Though there are no forecasts projecting an imminent crash, some high-profile builders say they’re seeing the velocity of sales in high-end buildings start to wane amid increased competition in the luxury segment of… Read more »

The Biggest Force Driving Gentrification?

The Louis and The Harper are high-end apartment buildings on 14th Street in the heart of one of DC’s hottest neighborhoods. (Andre Chung for The Washington Post) When we think about the reasons behind the movement of younger, higher-income people into center cities — reversing the decades-long trend of suburbanization — lots of things come… Read more »

Miami Real Estate Continues Strong Momentum in 3Q

Miami-Dade County real estate posted a robust third quarter as total residential sales, single-family home transactions, existing condo transactions and median prices grew compared to the same period in 2014, according to a new report by the 40,000-member MIAMI Association of REALTORS(R) (MIAMI) and the local Multiple Listing Service systems. Miami-Dade County had 7,811 total… Read more »

Americans Aren’t Going Anywhere

Long-distance moves — from one city to another, out of state, across the country — are often moves made for jobs. Local moves, on the other hand, tend to be more about housing. We move from one address to another within the same city or county to get a bigger home, a better home, a… Read more »

San Francisco Luxury Housing Market Cooling

It’s official: San Francisco’s luxury housing market is cooling, according to Paragon Real Estate Group. “All price segments in San Francisco have cooled off from the overheated frenzy of the spring 2015 selling season — this cooling is a common seasonal phenomenon,” Paragon said in its November market report released Friday. “But while the lower… Read more »

Condos Outpace Single-Family Homes in Appreciation

Condos are back in the game as they outpace single-family homes in appreciation. A recent research study released by Zillow stated that condos are appreciating at 5.1 percent annually, outpacing the 3.7 percent rate of single-family homes in the United States. During the past recession, condos were hit hard by the sudden burst in the… Read more »

Featured Gay Friendly Real Estate Agent: David Carter, Coquitlam, British Columbia, Canada

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. Providing you with expertise in Real Estate solutions – I dedicate 100% of my energy toward serving my clients. I depend on referrals from satisfied clients, so I work… Read more »

Is San Francisco a Tech Haven or Gay Bastion?

It’s no secret that that the tech market has exploded in San Francisco in the last few years. According to a report by Dr. Michael Mandel, an estimated 68,000 people in the city of San Francisco work in the technology industry; one report by the Bay Area Council Economic Instituteputs the number of professional science… Read more »

Is It Time to Worry About Rising Interest Rates?

The Federal Reserve is likely to raise short-term interest rates later this year for the first time since 2006. Will it throttle the commercial real estate boom? That’s a multibillion-dollar question for investors. Real estate insiders talk about the rate hike the way doctors talk about wine: healthy in moderate doses. Even if higher rates… Read more »

Featured Gay Real Estate Agent: 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 »

Atlanta Okays Temporary Rainbow Crosswalks for Gayborhood

The gayborhood will get a little gayer just in time for Pride. The Atlanta City Council on Monday approved the temporary installation of rainbow crosswalks at a busy Midtown intersection. The resolution, sponsored by City Council member Kwanza Hall, enables the crosswalks for 10th Street and Piedmont Avenue for two weeks, paving the way for… Read more »

Half of US Metros Likely to See Eight Year Home Sale High in 2015

RealtyTrac, the nation’s leading source for comprehensive housing data, today released its August 2015 U.S. Home Sales Report, which shows single family home and condo sales through August were on pace for an eight-year high nationwide and in 110 out of 204 (54 percent) metropolitan statistical areas with sufficient sales data. A total of 1,947,028… Read more »

Featured Gay Friendly Real Estate Agent: 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. A great real estate agent needs many skills and qualities, including integrity, community and real estate market knowledge, marketing savvy, strong negotiation skills and a good professional network –… Read more »

Seattle Developers Say Condos Have Too Much Liability, Need to be More Expensive

Builders are opting for apartments over condos, experts say, because they don’t face the liability of being sued under the state’s condominium act. Some condo builders still bear fresh memories of multimillion-dollar settlements with homeowner associations. “You’re finding developers saying, ‘Why take the risk of building a condo?’\0x2009” said Matthew Gardner, chief economist at Windermere… Read more »

A Surprising Culprit in San Francisco’s Real Estate Crisis

The awkward, criss-crossing intersections around Market Street and Van Ness Avenue will soon pop with some of the most change in the city. Nearly every property zoned to rise at least 120 feet tall under 2009’s Market-Octavia Plan has been snatched up, and the city’s newest spate of towers is in the works. Carpet stores,… Read more »

Featured Gay Real Estate Agent: Mario Banuelos, San Francisco, 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. Mario is a San Francisco real estate superstar. He is a nationally recognized Top Agent, as well as a husband, son, brother, uncle, and friend. Mario is also a… Read more »

New Ice Cream Shop for the Castro Gayborhood

San Francisco’s Castro Merchants business group voted this morning (Thursday, August 6) to approve a proposed ice cream shop in the neighborhood. Juliet Pries, a 15-year-Castro resident, said she hopes to open the Cafe Fountain at 554 Castro Street by early 2016. Pries, who’s straight and currently owns Ice Cream Bar, at 815 Cole Street… Read more »

California Home Sales At 9-Year High

Sales of California homes remained robust in July, with the number of houses and condos sold hitting a nine-year high for the second month in a row, a research firm reported Wednesday. CoreLogic Inc. reported an estimated 46,065 new and existing single-family homes sold in California in July. That’s up 14.4 percent from last July,… Read more »

Chicago’s Downtown Building Boom

Summer is cranking along and so is Chicago’s construction scene. In case you’ve missed it, the city is experiencing a boom in new construction. Thousands of new apartment units and hotel rooms are on the way, and the city’s skyline is littered with cranes that are helping construct these new developments. And while it seems… Read more »

Lack of Supply Driving Up US Home Prices

Home prices in the U.S. have risen consistently for the last three years. By that measure, the housing market looks pretty good, but the prices are being driven by a severe lack of supply. And that’s discouraging for many buyers, especially in some of the hottest markets, like Denver. Take the case of new mom… Read more »

State of the US Real Estate Market

Forbes Magazine, that guru of money, has recently issued a roundup of real estate realities for 2015. Rather than re-invent the wheel, this week I am presenting their insights to you in a deconstructed and simple format. Here we go: An overview: Real estate has stabilized – yay! After years of roller coaster values, we… Read more »

Predicting Gentrification

There is a mystery rising around the corner from my home in Northeast D.C. Its reveal has been slow: one floor at a time, the metal skeleton taking shape over months. The work seems to sputter on and off, and several times I’ve wondered if something went wrong. The money ran out. Or the inspectors… Read more »

The Evolution of the American Home

The single-family home in America has evolved in one particularly remarkable way: It has gotten bigger, and bigger. New homes built today are about a thousand square feet larger than single-family homes completed just 40 years ago (that’s about the size of an additional modest rowhouse in Washington, D.C.). All that space is a sign… Read more »

How to Win Bidding Wars

In the very hottest real estate markets, and we have a few here in California, the balance of supply and demand is tilting very much to the demand side. What that means is that there isn’t a lot of inventory for buyers to choose from and when something grand does come on the market, the… Read more »

Why Isn’t the Condo Market Rebounding?

While construction of single-family homes and multifamily rentals is on the rebound, condo construction has sunk to new lows. A condo rebound has been delayed by stringent rules on condo mortgages that took effect post-housing crisis, as well as stronger demand among young people for rentals, The Wall Street Journal reports. Condo construction in the… Read more »

Miami Enjoys Record Home Sales in June

According to the Miami Association of Realtors, Miami’s real estate market recorded its highest number of single-family home sales of any month in history in June 2015, and is on pace to set another all-time annual sales record. The Miami market registered 1,390 single-family home sales in June, beating its previous record of 1,317 in… Read more »

Homelessness and Empty Stores the New Normal in NYC

If you’ve been out and about in Manhattan over the past six weeks and you have eyes and ears, you know something’s happening — something worrisome. The urban streetscape is degrading. Take a walk down Broadway on the Upper West Side from the 100s to the 70s, as I did Sunday, and you’ll see it… Read more »

Seattle Home Shortage Could Continue for Years

Typically home-buying activity falls off during the summer months, but not this year in the metro Puget Sound region, where buyers are competing to buy fewer homes while paying significantly higher prices. The lack of condos and houses for sale is nothing new as real estate agents have been clamoring for additional inventory for more… Read more »

How to Win a Bidding War

In a market where many sellers receive multiple offers, buyers who have their heart set on a particular property need a winning strategy. The Regional Sales Contract is used for the vast majority of re-sales in D.C. and Maryland and arms agents with many “if” clauses, called “contingencies,” to protect either their buyers or their… Read more »

Will the Brooklyn Real Estate Bubble Ever Pop?

The housing crash of the late 2000s was supposed to have decimated property values across the nation. But in Brooklyn, the housing market barely broke its stride. Supply and demand is supposed to be an immutable truth, yet a well-documented boom in development has done little to stop spiraling prices. Every few weeks, a different… Read more »

Featured Gay Friendly Real Estate Agent: Ron Foster, Houston, 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. Ron is the Broker/Owner of his own Houston real estate firm. Whether you’re buying or selling property in the Houston real estate market, you must to have confidence in… Read more »

What the Fights About “Gentrification” Are Really About

Earlier this week, city supervisors in San Francisco considered an emergency 45-day moratorium on the construction of new market-rate housing in the Mission district so that the city could, in theory, pause to ponder what’s happening in its insane housing market. The Mission has long been home to lower-income residents, many of them minorities, and… Read more »

In the Gayborhood: San Diego’s Balboa Park

Yes, 2015 marks the 100th anniversary of San Diego’s renowned Balboa Park and there are continuing events celebrating this historic landmark as there should be. Balboa Park has played a great part in the history of San Diego’s LGBT community. From social, political, HIV-AIDS demonstrations and Pride, etc. In fact, this year marks the 40th… Read more »

Even Techies Getting Priced Out of the Bay Area

As rents and home prices have skyrocketed over the past few years, the Bay Area has become a more difficult place to live, to put it mildly. Real estate website Redfin has compiled data showing that Bay Area residents are increasingly looking to buy in other locations. Back in 2011, 85.5 percent of people located… Read more »

Where It’s Cheaper to Buy Than Rent in the US

Trulia bases these calculations on all the homes listed on their site for rent or sale in March 2015. They include things like mortgage payments, maintenance, insurance, taxes, closing costs, down payment, sale proceeds and security deposits in the cost of owning and renting, and make a separate calculation for homeowner association fees. At Gay… Read more »

How Downtowns Succeed

I had anticipated some of the rewards and discoveries of visiting cities in the process of economic and cultural recovery and re-invention. An unexpected reward has been the chance to get a time-capsule view, a kind of real-life time-line diorama, of how the downtown areas of cities look through all the stages of a decline-and-rise… Read more »

The Rise of Singles

Over the last half-century in America, it’s become acceptable, then increasingly common, then entirely unremarkable, to live alone. Women who once lived with their families until their wedding day now live alone. Men delaying marriage later into their 20s live alone. Divorces, more common today than in 1950, live alone. And seniors who live longer… Read more »

San Francisco Supervisor Wants to Ban New Condos for the Rich in the Mission

San Francisco has become ground zero for class warfare as wealthy real estate developers snatch up cheap housing and kick out long time residents so they can build million dollar condos in a process called gentrification. City Supervisor David Campos says he’s had enough, and today he’s going to introduce an ordinance to halt all… Read more »

San Francisco Inventory Decline Leads to Mass Overbidding

A gradual decline in inventory has contributed to the increase in overbidding among buyers, according to a new report from Paragon Real Estate. The real-estate firm tallied the number of homes, co-ops, TICs, condos and even 2-4-unit buildings listed on the MLS, starting just before the market recovery began in 2012. It found that while… Read more »

Fire Destroys Fire Island Gayborhood Hotel, Homes

A massive fire swept through Cherry Grove’s commercial district on Fire Island last night, destroying several private homes, the Holly House Hotel, and the Grove Hotel, the last of which was home to the famed Ice Palace nightclub. For decades the Ice Palace hosted the Miss Fire Island pageant and served as the kickoff location… Read more »

San Diego Metro Area Has Denser LGBT Population Than National Average

New research into Gallup survey information reveals an educated estimate of where LGBT Americans live, considered perhaps the most detailed glimpse yet into the lives of lesbian, gay, bisexual and transgender people across 50 states. At 6.2%, the San Francisco metropolitan area has the highest percentage of the adult population who identify as LGBT of… Read more »

Whats Hot and Why

By most indicators, the national real estate market is looking up. There are lots of reasons for this and we’ll get into some of them here. But for the most part, the real estate market follows the general state of the economy. When employment is high and the economy is on a strengthening trend, buyer… Read more »

Is Toronto Finally Acting Like a Big City?

When a developer announced last week that he planned to build what would be the tallest building in Canada on the southwest corner of Yonge and Bloor, Toronto seemed unimpressed. Many who wrote online comments about the proposal wondered why on earth this city needs yet another glass condominium tower, even a dramatic 80-storey one… Read more »

New York Drops to Fourth in List of Cities for the Super Wealthy

The yearly Knight Frank’s Wealth Report that surveys the movements of the global ultra-rich has been released (h/t CityLab), and–truly, surprise!–New York City’s status amongst the moneyed elite has dropped three places to rest as the number four city most populated by individuals who have amassed over $30 million in personal wealth. What’s eyebrow-raising is… Read more »

The New York City We Love is Disappearing

Wherever the towers of big development rise, the rents rise with them. And as the rents hit nosebleed heights, New York vanishes. Neighborhood by neighborhood, borough by borough, this is how you kill a city. From the glitzy corridor of the High Line in Manhattan, to the Downtown Brooklyn neighborhood around the Barclays Center to… Read more »

What Street Will You Live On?

Something a little fun and fluffy for Sunday: For decades we have believed that the most popular name for a road was “2nd.” But by my analysis, that crown actually goes to “Park.” (Again, look to the methodology section for a discussion of this.) Out of over a million roads in the United States, 9,640… Read more »

Buy Your Own Penis Island

The beautiful island, which happens to be shaped like a penis, is north of Fiji and with no direct flights, owners will have to get their by boat or perhaps helicopter. The asking price for a Beachfront Freehold is $125,000, whilst you can get an Ocean Access View lot for just $75,000 and according to… Read more »

Ten US Cities With Skyrocketing Rents

Sorry, Silicon Valley — rent in San Francisco is still on the rise. Zillow’s Rent Index, which looks at median rents in the nation’s hottest markets, has San Francisco and San Jose at the top of its list for largest year-over-year increase. As unwelcome as that news may be for people in the Bay Area,… Read more »

Miami’s Condo Market May Be Cooling Off

A new study confirms the latest chatter from real-estate watchers: Miami’s sizzling downtown condo market is cooling down. Skyrocketing construction costs, overheated land prices and falling foreign currencies have finally caught up with a housing market that boomed after the lean years of the recession. But unlike the last go-around, when highly leveraged projects brought… Read more »

Prices Up, Sales Down in San Francisco

Last month, the number of Bay Area home sales slowed to a crawl and hit its lowest level since the recession in 2008, according to the latest report from DataQuick. A slowdown is normal for January, but even compared with January 2014, sales are down, dropping 5.5 percent to a seven-year low of 4,439 houses… Read more »

San Francisco Penthouse Listed at $49 Million

A 15,000-square-foot duplex condominium that overlooks the Bay Bridge is the new most expensive listing in San Francisco, with a price tag of $49 million. The penthouse on the 41st and 42nd floors of one of two Lumina towers being developed by Tishman Speyer is still under construction. However, marketing began this week thanks to… Read more »

Where Are Mortgage Rates Headed?

The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to look at where rates are headed when deciding to buy now or wait until next year. Below is a chart created… Read more »

Flipping in DC

On Dec. 31, 2014, a colleague purchased a fully redeveloped home in Brookland. The property, a stunning, newly renovated single-family home on Newton Street, N.E., was staged and showed beautifully. After several months on the market and under contract for improvements from a home inspection, my colleague and his husband closed on the property for… Read more »

The Strip: Dallas’s Gayborhood

When Out Traveler named Oak Lawn the “best gayborhood in the U.S.,” it said “Oak Lawn is a shining star in a city soaked with money and privilege.” The magazine also noted that Oak Lawn is “packed with nightlife and eateries,” and praised its proximity to downtown and the Design District. But just what is… Read more »

Home Prices: A 5-Year Outlook

With inventory presently below historically normal levels, current & future home prices have been the topic of many real estate conversations. The most recent Home Price Expectation Survey was just released; giving insight into where experts believe prices will be leading up to 2019. Every quarter, Pulsenomics surveys a nationwide panel of over 100 economists, real estate… Read more »

New Owner Plans to Update Castro Gayborhood Apartment Building

The man buying the four-unit apartment building owned by Metropolitan Community Church of San Francisco for about $1.8 million said today (Wednesday, February 11) that all the tenants will get to stay. Realtor Patrick Barber said tenants of 138-140 Eureka Street will “absolutely” be allowed to remain. The announcement in December that the building would… Read more »