Monthly Archives: May 2012

Featured Las Vegas Gay Realtor: Jeffrey, Keller Williams

Gay Realtor Jeffrey

Hello and Welcome! Thank you for stopping by.

As a Agent partnered with Keller Williams Realty Las Vegas I am honored to be a part of such a progressive and supportive company. Along with all the education Keller Williams provides, I bring a background of customer service in the Spa/Salon industry, perfecting my communication and listening skills ~ I beleive a great relationship starts at the consultation level.

Working with me you will have access to:
•A proactive, helpful partner for buying or selling a home
•A trusted resource for answers about the process
•A partner with Innovative marketing strategies
•My expertise about neighborhood features
•The ability to target home searches
•My strong negotiation skills
•Support through the closing and beyond
•Professional with integrity

I Looking Forward to working with you!

Click here to search for a gay or lesbian real estate agent anywhere in the country.

 

Professional/Personal Distinctions:

I have been in Las Vegas for 20 years ~ I am partnered with Keller Williams realty Las Vegas ~ I love this Company and this city. My primary focus is on Frist time home buyers or investors in the Las Vegas market. Whether you are relocating or already a resident I have the resources to get you HOME! Thank you for stopping by and looking forward to working you! -Jeffrey OUT AND ABOUT… …SELLING VEGAS!

 

Specialties:

RELOCATION SHORT SELL FIRST TIME HOME BUYERS GLBT COMMUNITY

 

View Jeffrey’s  Complete Profile & Contact Him Immediately by Clicking Here

Occasionally we’ll feature one of our top gay real estate professionals here to let our readers know about some of the great Gay Realtors, Lesbian Realtors, Gay Friendly Realtors, and other Real Estate Professionals at GayRealEstate.com

At Gay Real Estate, we keep you posted about all the residential real estate news, gay real estate news and Gay Realtor stories affecting the gay and lesbian home buying and selling community coast to coast, and in your neighborhood!

Click here for list of gay realtors, lesbian realtors and gay friendly realtors Nationwide.

If you have a real estate story that you’d like to share with us with the LGBT community, please contact us at:
manager@gayrealestate.com

Posted on May 31, 2012 in Gay Realtors

Celebrities Lose Their Star Power With Housing

Celebrities are increasingly finding that having a famous name doesn’t always help them sell real estate, even though those famous names may help them move movie or music tickets, perfumes, or other products.

Several celebrities who have tried to sell their homes recently have had to reduce their asking prices or have found their big-priced homes linger on the market waiting for a buyer.

In the last year, for example, actors like Goldie Hawn and Kurt Russell have had to reduce the asking price for their $11.2 million Malibu beach home by $3.5 million. Ozzy and Sharon Osbourne sold their Malibu home for 21 percent less than their original asking price at $7.9 million. Actress Meg Ryan has relisted her Bel Air mansion at $11.4 million, a 42 percent price reduction since she first listed it in 2008.

“In the art world, there is this notion of provenance — that who owns something can detract or add to the value,” says Elizabeth Currid-Halkett, author of Starstruck: The Business of Celebrity. “But it does not seem to translate to celebrity homes.”

However, celebrities do tend to draw extra attention for their for-sale homes. But real estate pros say that celebrities just shouldn’t equate that with a “sold” sign or a boost in sales price.

“The value of a house has more to do with the individual stamp the person puts on the property, real estate experts say, than a famous autograph on the sales contract,” according to a recent Los Angeles Times article.

 

The author of this article is: realtormag.realtor.org

 See the original post at: http://realtormag.realtor.org/daily-news/2012/05/30/celebrities-lose-their-star-power-housing

At GayRealEstate.com, we keep you updated with all the gay realtor, lesbian realtor, gay realty, gay real estate and general real estate news affecting the LGBT community coast to coast, and in your neighborhood.

         Click here for list of gay realtors, lesbian realtors and gay friendly realtors Nationwide.


If you have a real estate story that you’d like to share with us with the gay and lesbian real estate community, please contact us at:
manager@gayrealestate.com

Posted on May 31, 2012 in Housing

Luxury Homes Fetching Multiple Bids

The housing recovery may be taking hold faster in luxury real estate. Several parts of the country are reporting bidding wars in wealthy pockets as buyers look to snag rising home prices and investors search for bargains.

Property sales of $1 million and higher soared 7.2 percent in March compared to a year earlier, according to National Association of REALTORS®’ data.

Paul Bishop, NAR’s vice president of research, told Bloomberg News that as the financial markets improve, demand for high-end homes is rising in the northeastern United States, such as in Boston and New York. Demand is also rising along the California coast and portions of the southern United States.

“There’s an added degree of confidence in the future and that prices are likely going to go up,” says Joyce Rey, with Coldwell Banker Previews International in Beverly Hills. “There is a definite change in consumer attitude.”

Investors, looking to make a profit, are making purchases on high-end homes in many areas of the country in record numbers, with many of these speculative investors making cash-only deals.

Still, many real estate professionals report the high-end bracket could be doing even better if the inventory of homes listed for sale wasn’t so tight.

“We could have twice as many sales if we had more inventory,” Syd Leibovitch, president of Rodeo Realty in Beverly Hills, told Bloomberg News.

 

The author of this article is: realtormag.realtor.org

 See the original post at: http://realtormag.realtor.org/daily-news/2012/05/30/luxury-homes-fetching-multiple-bids

At GayRealEstate.com, we keep you updated with all the gay realtor, lesbian realtor, gay realty, gay real estate and general real estate news affecting the LGBT community coast to coast, and in your neighborhood.

         Click here for list of gay realtors, lesbian realtors and gay friendly realtors Nationwide.


If you have a real estate story that you’d like to share with us with the gay and lesbian real estate community, please contact us at:
manager@gayrealestate.com

Posted on May 31, 2012 in Home Buyers

Featured Henderson Gay Realtor: Avi, Prudential Americana Group Realtors

Gay Realtor Avi

About Avi –

Transplanted from Israel over ten years ago, I have called Las Vegas ‘home’ for the past decade. In that time, I have seen the dramatic growth and change that has impacted the southern Nevada market. Real Estate is my full time focus and you, as my client, will receive the level of dedicated service and guidance necessary in this constantly changing environment. My experience ranges from high-end to starter homes….short sales to foreclosures…buying to selling. This is my career and passion; I amdedicated and always available for my clients to educate, negotiate, and make their experience as memorable as possible.

In the past 5 years, I have consistantly helped my clients buy and sell several millions of dollars in Real Estate every year.

I am a proud and active member of the LGBT community. So please feel free to contact me with any questions, concerns, or requests; and I will be more than happy to assist you.

Let me be your Realtor.

Click here to search for a gay or lesbian real estate agent anywhere in the country.

 

Professional/Personal Distinctions:

Member National Association of REALTORS.

 

Specialties:

I am a sales executive, Fine homes specialist. Gay Realtor proudly serving Las Vegas, Summerlin, Henderson, & North Las Vegas, and I am also active in the local glbt community.

 

View Avi’s  Complete Profile & Contact Him Immediately by Clicking Here

Occasionally we’ll feature one of our top gay real estate professionals here to let our readers know about some of the great Gay Realtors, Lesbian Realtors, Gay Friendly Realtors, and other Real Estate Professionals at GayRealEstate.com

At Gay Real Estate, we keep you posted about all the residential real estate news, gay real estate news and Gay Realtor stories affecting the gay and lesbian home buying and selling community coast to coast, and in your neighborhood!

Click here for list of gay realtors, lesbian realtors and gay friendly realtors Nationwide.

If you have a real estate story that you’d like to share with us with the LGBT community, please contact us at:
manager@gayrealestate.com

Posted on May 30, 2012 in Uncategorized

Pending Home Sales Decline in April but Up Strongly From a Year Ago

Pending home sales retrenched in April following three consecutive monthly gains, but are notably higher than a year ago, according to the National Association of REALTORS®.

The Pending Home Sales Index, a forward-looking indicator based on contract signings, declined 5.5 percent to 95.5 from a downwardly revised 101.1 in March but is 14.4 percent above April 2011 when it was 83.5. The data reflect contracts but not closings.

Lawrence Yun, NAR chief economist, said a one-month setback in light of many months of gains does not change the fundamentally improving housing market conditions. “Home contract activity has been above year-ago levels now for 12 consecutive months. The housing recovery momentum continues,” he said.

Yun notes home sales are staying well above the levels seen from 2008 through 2011. “Housing market activity has clearly broken out at notably higher levels and is on track to see the best performance since 2007,” he said. “All of the major housing market indicators are expected to trend gradually up, but a new federal budget must be passed before the end of the year for the economy to continue to move forward.”

The PHSI in the Northeast rose 0.9 percent to 78.9 in April and is 19.9 percent higher than April 2011. In the Midwest the index slipped 0.3 percent to 93.0 but is 23.0 percent above a year ago. Pending home sales in the South fell 6.8 percent to an index of 105.7 in April but are 13.3 percent higher than April 2011. In the West the index dropped 12.0 percent in April to 94.9 but is 5.1 percent above a year ago.

The housing forecast has been upgraded, with existing-home sales expected to reach 4.66 million this year, compared with 4.26 million in 2011. The outlook for 2013 is now 4.92 million, but could vary significantly depending on two scenarios.

If lending returns to normal, the 2013 outlook for existing-home sales would measurably improve to 5.3 million. However, a fiscal cliff scenario of higher taxes and sharp spending cuts beginning in early 2013, which is an unlikely event but still worth noting, would lower the sales projection to 4.5 million.

Because of measurably lower inventory supplies, the forecast for home prices has been upwardly revised with the median existing-home price projected to rise 2 to 3 percent this year and 4 to 5 percent in 2013, with wide local market variations. Miami and Phoenix will easily achieve double-digit price growth by year end.

Yun said the price gains will measurably reduce the number of underwater homeowners. “For example, a 5 percent national price gain means the number of underwater home owners would fall to about 9 million from current estimates of around 11 million. A 10 percent gain, say over the next two years, would reduce the underwater status to about 7 million households out of 75 million owner-occupied homes,” he said.

About 25 million homes are owned free and clear without a mortgage.

Though the proportion of distressed properties is still high, the numbers have been falling over the past two years. “The diminishing share of distressed properties is another reason for higher home prices in upcoming months,” Yun added.

 

The author of this article is: realtormag.realtor.org

 See the original post at: http://realtormag.realtor.org/daily-news/2012/05/30/pending-home-sales-decline-in-april-up-strongly-year-ago

At GayRealEstate.com, we keep you updated with all the gay realtor, lesbian realtor, gay realty, gay real estate and general real estate news affecting the LGBT community coast to coast, and in your neighborhood.

         Click here for list of gay realtors, lesbian realtors and gay friendly realtors Nationwide.


If you have a real estate story that you’d like to share with us with the gay and lesbian real estate community, please contact us at:
manager@gayrealestate.com

Posted on May 30, 2012 in Home Sales

Short-Sale Process Expected to Speed Up in June

The short-sale process is expected to get shorter starting June 15. New guidelines issued under the Federal Housing Finance Agency will require Fannie Mae and Freddie Mac to give home buyers of short sales notice of their final decision within 60 days. The new guidelines also will require the mortgage giants to respond to initial short-sale requests within 30 days of receiving an offer from a potential buyer.

The speedier process is expected to be a boost to the housing market, Michael McHugh, president of the Empire State Mortgage Bankers Association, told the New York Times. Home buyers and sellers often have to wait months before they receive a decision from a lender on an offer for a short sale. Some deals fall apart just from the long wait alone.

Short sales have been increasing in recent months, as many lenders find them more appealing than foreclosures, which can be much more costly and take longer to remove from their books.

Short sales now outpace foreclosure sales in many parts of the country. Short sales represent more than 14 percent of existing-home sales, according to CoreLogic housing data from March, the most recent month available.

McHugh says that a faster short-sale process may be particularly helpful in speeding the recovery in judicial states, where foreclosures must go through the courts before they are approved. For example, in New York, judicial foreclosures can take a year or longer to be approved. Now short sales may be viewed by defaulting home owners as more of an option in avoiding foreclosure.

“There should be a significant improvement in the turnaround,” McHugh said regarding housing markets with judicial foreclosure processes.

 

The author of this article is: realtormag.realtor.org

 See the original post at: http://realtormag.realtor.org/daily-news/2012/05/29/short-sale-process-expected-speed-up-in-june

At GayRealEstate.com, we keep you updated with all the gay realtor, lesbian realtor, gay realty, gay real estate and general real estate news affecting the LGBT community coast to coast, and in your neighborhood.

         Click here for list of gay realtors, lesbian realtors and gay friendly realtors Nationwide.


If you have a real estate story that you’d like to share with us with the gay and lesbian real estate community, please contact us at:
manager@gayrealestate.com

Posted on May 30, 2012 in Short Sale

Featured Newport Beach Gay Realtor: John, Regency Real Estate

Gay Realtor John

“Strength in Real Estate” With great experience in real estate as well as intimate local area knowledge, I work extensively to help buyers and sellers meet their real estate goals.

As a listing agent in Orange county, my extensive marketing plan gives a homeowner the opportunity to get the maximum value for his/her property. For buyers, I help negotiate the best possible deal and search until I find the perfect property.

Nothing satisfies me more than seeing the smiles that come with a successful sale or the purchase of a lifetime.

In today’s challenging real estate market, selecting the right real estate agent is crucial. It can make all the difference in the world. Whether you are planning on buying, selling, or you just have a question, feel free to me for a free consultation.

Your future business and referrals are the measure of my success!

Click here to search for a gay or lesbian real estate agent anywhere in the country.

 

Professional/Personal Distinctions:

ABR, MLS, Realtor, one of the highest ranked agents in customer satisfaction in Orange Coast Magazine 2 years in a row. Serving Southern California since 1995

 

Specialties:

Representing Buyers and Sellers in all price ranges for the purchase and sale of residential real estate including homes, land, income property, REO, foreclosures, and short sales.

 

 

View John’s  Complete Profile & Contact Him Immediately by Clicking Here

Occasionally we’ll feature one of our top gay real estate professionals here to let our readers know about some of the great Gay Realtors, Lesbian Realtors, Gay Friendly Realtors, and other Real Estate Professionals at GayRealEstate.com

At Gay Real Estate, we keep you posted about all the residential real estate news, gay real estate news and Gay Realtor stories affecting the gay and lesbian home buying and selling community coast to coast, and in your neighborhood!

Click here for list of gay realtors, lesbian realtors and gay friendly realtors Nationwide.

If you have a real estate story that you’d like to share with us with the LGBT community, please contact us at:
manager@gayrealestate.com

Posted on May 29, 2012 in Gay Realtors

Americans’ Perspective on Home Ownership Shifts

Home ownership is getting more emotional than it used to be. A new survey by Coldwell Banker Real Estate finds that Americans are increasingly saying that the real value of home ownership is emotional, not financial. That marks a stark contrast from Americans’ perspectives on home ownership during the housing boom, in which they mostly viewed it as a financial venture.

“Instead of taking things for granted, people are protective of their jobs, homes, and futures,” says Robi Ludwig, a psychologist in New York who was involved in the study. “And now that we’re picking up the pieces [after the financial crisis], we’re seeing a psychological shift. Instead of looking at homes through the eyes of an economist, we’re realizing that a home doesn’t solely equate to financial return or measure only to a mortgage amount. Instead the home is the emotional center of our lives, and it remains a critical component of who we are.”

The more emotional ties to home ownership are causing Americans to get more practical in their home buying, the survey finds. Eighty-six percent of those surveyed say that people should no longer stretch themselves financially just to get a bigger house.

“Americans now recognize that they don’t need the biggest, most ornate home on the block,” Ludwig says. “Rather, they can and should live within their means.”

Buyers today are more swayed by a home that they can easily afford and that reflects their personalities. Seventy-one percent of Americans surveyed said that a home is an expression of their identity.

“Our homes help to define who we are, partly because we have to ask ourselves a lot of really honest questions, including what we want in life and why,” Ludwig says. She says that a home serves as an expression of peoples’ personalities, down to the wall colors they choose and the family photos they display.

“It’s only been in the last few years that the conversation has shifted almost entirely to the financial aspect of home ownership,” says Jim Gillespie, CEO of Coldwell Banker Real Estate. Gillespie adds that a more emotional perspective on home ownership will make owning a house a more central of the American Dream once again and will aid in the housing recovery.

The Coldwell Banker survey also found that 78 percent of owners say owning a home is one of their greatest life achievements. What’s more, 83 percent of renters say they plan to own a home one day.

 

The author of this article is: realtormag.realtor.org

 See the original post at:http://realtormag.realtor.org/daily-news/2012/05/29/americans-perspective-home-ownership-shifts

At GayRealEstate.com, we keep you updated with all the gay realtor, lesbian realtor, gay realty, gay real estate and general real estate news affecting the LGBT community coast to coast, and in your neighborhood.

         Click here for list of gay realtors, lesbian realtors and gay friendly realtors Nationwide.


If you have a real estate story that you’d like to share with us with the gay and lesbian real estate community, please contact us at:
manager@gayrealestate.com

Posted on May 29, 2012 in Home Ownership

NY Mortgage Trust issues stock to buy Fannie, Freddie bonds

New York Mortgage Trust ($6.65 0%) is offering four million shares of common stock as part of its investment strategy to acquire agency residential mortgage-backed securities.

NYMT began targeting investments in multi-family commercial mortgage-backed securities and RMBS in 2011 backed by pools of mortgage loans guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae. The loans include interest only and inverse interest only securities and agency RMBS backed by adjustable-rate or hybrid adjustable-rate mortgage loans.

The New York-based REIT expects to grant the underwriters of the offering an option to purchase up to an additional 600,000 shares of common stock to cover over-allotments.

Ladenburg Thalmann & Co., a subsidiary of Ladenburg Thalmann Financial Services ($1.51 0.02%), will serve as the book running manager for the offering.

 

The author of this article is: Justin T. Hilley

 See the original post at: http://www.housingwire.com/news/ny-mortgage-trust-issues-4m-shares-acquire-agency-cmbs

At GayRealEstate.com, we keep you updated with all the gay realtor, lesbian realtor, gay realty, gay real estate and general real estate news affecting the LGBT community coast to coast, and in your neighborhood.

         Click here for list of gay realtors, lesbian realtors and gay friendly realtors Nationwide.


If you have a real estate story that you’d like to share with us with the gay and lesbian real estate community, please contact us at:
manager@gayrealestate.com

Posted on May 29, 2012 in Mortgages

Featured Orange Gay Realtor: Ken, Keller Williams Coastal Properties

Gay Realtor Ken

Thank you for taking a moment to consider me in your search for a Real Estate Professional ~ I am a native Californian having been born in Santa Monica. I lived in Orange County until I was 27 and split the next 20 years between Los Angeles and Long beach where I currently own a home with my husband Leo.

I bring a broad base of experience to the table for you having been in and around the development and construction world for the past 10 years. I can help you make sure the properties you consider are truly the value they seem to be.

My promise to you is that I will take the time to meet you in person, have a powerful, in-depth conversation on your real estate goals and dreams and create a plan that will get you the best result at the best price.

Click here to search for a gay or lesbian real estate agent anywhere in the country.

 

Professional/Personal Distinctions:

Bachelors Degree from Cal State Fullerton in Communications. Project Management Certification from UCLA Certified REO/Foreclosed Properties Listing Agent Specialist Certified HAFA Listing Agent Specialist Certified GREEN Real Estate Professional Graduate Landmark Curriculum for Living

 

Specialties:

Residential representation for buyers and sellers. Standard Sale, Flip, Short Sales and REO properties

 

View Ken’s  Complete Profile & Contact Him Immediately by Clicking Here

Occasionally we’ll feature one of our top gay real estate professionals here to let our readers know about some of the great Gay Realtors, Lesbian Realtors, Gay Friendly Realtors, and other Real Estate Professionals at GayRealEstate.com

At Gay Real Estate, we keep you posted about all the residential real estate news, gay real estate news and Gay Realtor stories affecting the gay and lesbian home buying and selling community coast to coast, and in your neighborhood!

Click here for list of gay realtors, lesbian realtors and gay friendly realtors Nationwide.

If you have a real estate story that you’d like to share with us with the LGBT community, please contact us at:
manager@gayrealestate.com

Posted on May 28, 2012 in Gay Realtors