Monthly Archives: August 2012

Featured Woodbridge Gay Realtor: John, Calcagni Associates Real Estate

Gay Realtor John Proto

“Everyone deserves the choice to own a part of the American Dream. Through honesty, dedication and sincerity we work together to help you find your dream. Through integrity and trust we work together to build a strong, lasting relationship. Relationships lasting to reach today’s dream and wherever tomorrow’s dream may take you.”

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

 

Professional/Personal Distinctions:

ABR (Accredited Buyer Representative) SFR (Short Sale/Foreclosure Resource) SRES (Senior’s Real Estate Specialist) CRS (Certified Residential Specialist) Cartus Relocation Certified USAA Certified Greater New Haven Board Of Realtors Instructor Whitneyville Civic Association Hamden Land Conservation Trust Hamden Office Of Emergency Management Shoreline Trolley Museum

 

 

 

Specialties:

Relocation Probate & Estate Rehab & Investment Property First Time Buyers Vintage Property

 

 

 

View John ’s  Complete Profile & Contact Hm 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 August 31, 2012 in Gay Realtors

Is the REO Bulk-Sale Program Too ‘Secretive’?

Fannie Mae and the Federal Housing Finance Administration are being too secretive with a pilot bulk-sales program that sets out to unload its REO inventory, the California Association of REALTORS® said recently in a public statement. CAR argues that the government entities are continuing to move forward on the pilot program, despite an outcry among many in the housing market that it will have a negative impact on the economy and end up costing the taxpayers.

CAR is demanding more information about the properties included in the program, and the trade group has recently filed a request for more information through the Freedom of Information Act to get Fannie and the FHFA to disclose more.

Fannie Mae’s REO bulk-sales program in California aims to sell nearly 500 foreclosed homes in the Los Angeles and Inland Empire areas to undisclosed investors, CAR says.

“We are disappointed that Fannie Mae and the FHFA fail to understand that this initiative will harm the communities in which it will be implemented and are going forward with this ill-conceived plan,” says LeFrancis Arnold, CAR president. “Moreover, not only are Fannie Mae and FHFA moving forward with the plan, they are refusing to disclose any details, such as property locations, final property count, sales price, or names of winning bidders.”

CAR says they’re concerned that the FHFA is using outdated market data to determine property values and that by doing so it could drag down home prices in the region — at a time when the area is seeing prices stabilize. CAR, as well as California lawmakers, have also said the program is unnecessary because the Los Angeles and Inland Empire areas are already facing a “severe” shortage of housing with high demand and that REO listings are selling in less than 30 days.

In May, California congressional members introduced a bill to try to stop the bulk-sales program.

 

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

 See the original post at: http://realtormag.realtor.org/daily-news/2012/08/31/reo-bulk-sale-program-too-secretive

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 August 31, 2012 in Loans

Will the Rental Market Cool Down?

The latest housing reports are showing housing on the mend and many are reaching the conclusion that the worst is over. So what does this mean for the booming rental market?

The pick up in home sales has many analysts questioning how much longer the multifamily sector will see this kind of rapid growth.

Apartment rents are soaring in many markets and vacancies are falling. Also, multifamily housing starts climbed 30 percent in July over year-ago levels.

“The apartments have had spectacular growth since the depths of the recession, and at a certain point that growth has to moderate,” David Toti, a mulifamily analyst, told CNBC. “You can only raise rents so much before you force people out.”

The increase in supply within the multifamily sector and high prices may make investors more leery. While apartment rents are still rising, they have shown signs of leveling off.

Still, “modestly favorable home-buying indicators are not coming at the expense of apartment rent trends,” writes Sam Chandan of Chandan Economics. “Multifamily fundamentals continue to improve in advance of pending inventory additions from the construction pipeline.”

A strong housing market can co-exist with a strong multifamily sector — at least for “a little while,” Toti adds.

 

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

 See the original post at: http://realtormag.realtor.org/daily-news/2012/08/31/will-rental-market-cool-down

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 August 31, 2012 in Housing

Mortgage Rates Reverse Course

Mortgage rates fell across the board this week, after having inched higher the last few weeks from all-time lows, Freddie Mac reports in its weekly mortgage market survey.

Here’s a closer look at rates for the week ending Aug. 30.

  • 30-year fixed-rate mortgages: averaged 3.59 percent, with an average 0.6 point, dropping from last week’s 3.66 percent average. A year ago at this time, 30-year rates averaged 4.22 percent.
  • 15-year fixed-rate mortgages: averaged 2.86 percent, with an average 0.6 point, also down from last week’s 2.89 percent average. Last year at this time, 15-year rates averaged 3.39 percent.
  • 5-year adjustable-rate mortgages: averaged 2.78 percent, with an average 0.6 point, dropping from last week’s 2.80 percent average. Five-year ARMs averaged 2.96 percent a year ago at this time.
  • 1-year ARMs: averaged 2.63 percent, with an average 0.4 point, dropping from last week’s 2.66 percent average. A year ago, 1-year ARMs averaged 2.89 percent.

 

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

 See the original post at: http://realtormag.realtor.org/daily-news/2012/08/31/mortgage-rates-reverse-course

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 August 30, 2012 in Mortgages

Featured Bridgeport Gay Realtor: Christopher, Sothebys International Realty

Gay Realtor Christopher

My business philosophy is simply to EXCEED EXPECTATIONS! I strive in every Real Estate transaction to meet my client’s needs and to leave them with the memory of a smooth and easy experience. I am committed 110% until the job is completed. I am experienced, committed to my profession, enthusiastic and proficient, all of the characteristics you should expect from your Realtor. EXCEED ECPECTATIONS!

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

Professional/Personal Distinctions:

Human Rights Campaign Supporter Member of: National Associaiton of Realtors and Connecticut Associaiton of Realtors, Fairfield and Greenwich Board Of Realtors. Certified Residential Appraiser Certified Relocation Specialist

 

 

Specialties:

Specializing in first time buyers, investment property buyers, luxury homes, new construction, condominiums. Expert in home evaluations.

 

 

 

View Christopher ’s  Complete Profile & Contact Hm 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 August 30, 2012 in Gay Realtors

Romney Quiet on Housing in Acceptance Speech

Former Massachusetts Governor Mitt Romney put the focus on job creation and cutting the federal deficit to spur the economy in his speech last night in Tampa, Fla., accepting the Republican nomination for president.

“What America needs is jobs,” he said. “When the [real estate professional] told you that to sell your house you’d have to take a big loss, in those moments you knew that this [economic recovery] just wasn’t right” and that a new approach is needed.

Romney laid out a five-step plan that includes making the United States energy-independent, cutting the deficit, helping small business, getting aggressive on trade, and improving education.

He set as his goal the creation of 12 million new jobs and setting a cap of 20 percent on the amount of new debt the federal government can hold each year relative to the country’s gross domestic product.

To help spur jobs, he said he would cut taxes for small businesses, which he called “America’s engine for job growth,” and simplify and modernize federal rules that affect them.

He didn’t specify the rules he would put under the spotlight, but in a Q&A for the September/October issue of REALTOR® Magazine, which comes out in mid-September, he said he would “repeal and replace” the Dodd-Frank Wall Street Reform Act, which was enacted in 2010 to addresses excesses in financial markets that led to the housing bubble and subsequent mortgage finance crisis.

“Banks and financial institutions are paralyzed,” he said in the REALTOR® Magazine Q&A. “Regulators are simultaneously directing lenders to reduce risk (i.e., tighten underwriting) while also asking them to loosen standards. We will clarify the rules of the road for lenders so that responsible borrowers have access to mortgage credit, and the housing market will rebound as a result.”

In his speech, he also said he would seek to repeal health care reform enacted two years ago, which he believes would rein in “skyrocketing” health care costs that are burdening businesses.

Romney didn’t say what he would do about households without health insurance if health care reform is repealed, but in the REALTOR® Magazine Q&A, he said he would “pursue reforms that emphasize market competition and patient choice” and “give states the flexibility to pursue innovative solutions for the unique needs of their own citizens.”

Romney didn’t say how he would reach his federal-debt goal of 20 percent of GDP, but he has said elsewhere that he would seek to cut hundreds of billion a year from federal spending by reducing federal programs and scaling back or ending some tax deductions or exemptions.

In the upcoming REALTOR® Magazine Q&A, he was asked to identify the extent to which he supports MID and the capital-gains exclusion on the sale of one’s primary home (up to $500,000 for a married couple), among other federal incentives for home ownership. In his answer, he did not specify support for any incentives. Instead, he said, “the housing market continues to face big challenges and the best way to get the housing market going again is to get the economy moving in the right direction. … What most struggling home owners need is a good, quality job. Policies like 20 percent across-the-board cuts in tax rates, sensible regulation, and open markets to stimulate trade will help all Americans achieve their economic goals, including buying a home.”

On his goal for energy independence, he said he would pave the way for companies to ramp up development of domestic supplies.

Read a blog post and watch a two-minute video on REALTORS® who were in Tampa this week as delegates to the Republican National Convention.

The Democratic National Convention, at which President Obama is to be nominated for a second term of office, begins next week in Charlotte, N.C.

 

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

 See the original post at: http://realtormag.realtor.org/daily-news/2012/08/31/romney-quiet-housing-in-acceptance-speech

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 August 30, 2012 in Housing

Featured Pompton Plains Gay Realtor: Marie, Century 21 Crest Real Estate

Gay Realtor Marie

13 years of experience as a Broker and Trainer, including the past 5 years as an Investor & Property Manager. Also a licensed RE Instructor in the State of New Jersey as well as a recent author of Dreamboarding 101.

In addition to helping Home Sellers and Buyers, I also specialize in helping Investors and Renters.

As an Investor with my partner, I have a unique insight into the needs of my investor clients, particularly when it comes to your ROI! You will benefit from my knowledge, experience and continually developing my skills through working closely with my Kiosaki RE Investment Coach.

As a person who has relocated from one state to another, I understand the special challenges, needs, stresses and wonders of relocating. I can help my clients through every step of the way from their old home state to their new one here on the beautiful Jersey Shore.

And, as a pet owner, I understand the needs of our pet family members and am in a very unique position to help my Renter clients who are looking for a home that will accept your pet family members.

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

 

Professional/Personal Distinctions:

 

 

 

Specialties:

 

 

 

View Dorothy ’s  Complete Profile & Contact Her 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 August 29, 2012 in Gay Realtors

July Pending Home Sales Rebound

Pending home sales rose in July to the highest level in over two years and remain well above year-ago levels, according to the National Association of REALTORS® (NAR).

The Pending Home Sales Index, a forward-looking indicator based on contract signings, rose 2.4 percent to 101.7 in July from 99.3 in June and is 12.4 percent above July 2011 when it was 90.5. The data reflect contracts but not closings.

Lawrence Yun, NAR chief economist, said the index is at the highest level since April 2010, which was shortly before the closing deadline for the home buyer tax credit. “While the month-to-month movement has been uneven, more importantly we now have 15 consecutive months of year-over-year gains in contract activity,” Yun said.

Limited inventory is constraining market activity. “All regions saw monthly increases in home-buying activity except for the West, which is now experiencing an acute inventory shortage,” Yun added.

The PHSI in the Northeast increased 0.5 percent to 77.0 in July and is 13.4 percent higher than a year ago. In the Midwest the index grew 3.4 percent to 97.4 in July and is 20.2 percent above July 2011. Pending home sales in the South rose 5.2 percent to an index of 111.7 in July and are 15.6 percent above a year ago. In the West the index slipped 1.7 percent in July to 109.9 but is 1.3 percent higher than July 2011.

Existing-home sales are projected to rise 8 to 9 percent in 2012, followed by another 7 to 8 percent gain in 2013. Home prices are expected to increase 10 percent cumulatively over the next two years.

“Falling visible and shadow inventories point toward continuing price gains. Expected gains in housing starts of 25 to 30 percent this year, and nearly 50 percent in 2013, are insufficient to meet the growing housing demand,” Yun said.

 

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

 See the original post at: http://realtormag.realtor.org/daily-news/2012/08/29/july-pending-home-sales-rebound

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 August 29, 2012 in Home Sales

Sellers Test Waters with Higher Asking Prices

The latest industry reports are showing housing prices on the rise, and it has made more sellers want to raise their asking price, according to industry insiders.

Shrinking inventories of for-sale homes with pent-up demand is allowing sellers to charge about 5 percent more than they could have just six months ago, Everett King, president of ERA King Real Estate in Birmingham, Ala., told USA Today.

Real estate companies are reporting that sellers are having more luck with their higher asking prices, too. For example, in Tucson, Ariz., home sellers are getting 96 percent of their asking price on average, USA Today reports.

Still, others caution that sellers can’t get too unrealistic with their price expectations. The economy is still sluggish and unemployment is still high. Plus, Stan Humphries, Zillow.com’s chief economist, cautions that a shortage of lower-price homes for sale in many markets may be inflating asking prices.

 

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

 See the original post at: http://realtormag.realtor.org/daily-news/2012/08/28/sellers-test-waters-higher-asking-prices

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 August 29, 2012 in Selling

Featured Asbury Park Beach Gay Realtor: Dorothy, Real Works Residential Brokerage, LLC

Gay Realtor Dorothy

13 years of experience as a Broker and Trainer, including the past 5 years as an Investor & Property Manager. Also a licensed RE Instructor in the State of New Jersey as well as a recent author of Dreamboarding 101.

In addition to helping Home Sellers and Buyers, I also specialize in helping Investors and Renters.

As an Investor with my partner, I have a unique insight into the needs of my investor clients, particularly when it comes to your ROI! You will benefit from my knowledge, experience and continually developing my skills through working closely with my Kiosaki RE Investment Coach.

As a person who has relocated from one state to another, I understand the special challenges, needs, stresses and wonders of relocating. I can help my clients through every step of the way from their old home state to their new one here on the beautiful Jersey Shore.

And, as a pet owner, I understand the needs of our pet family members and am in a very unique position to help my Renter clients who are looking for a home that will accept your pet family members.

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


Professional/Personal Distinctions:

 

Specialties:

 

View Dorothy ’s  Complete Profile & Contact Her 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 August 28, 2012 in Gay Realtors