Monthly Archives: March 2013

Featured Waldorf Gay Realtor:Chris, Prudential PenFed Realty

Gay Realtor Chris Thorne

Chris is a native of the Waldorf area that is committed to providing the best possible service to his clients.

“Do not hire me just because I am a member of the LBGT community, hire me because I strive to be the best professional in my field!”

Please contact Chris today!

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

Professional/Personal Distinctions:

Graduate REALTOR Institute (GRI) Southern Maryland Association of REALTORS Maryland Association of REALTORS National Association of REALTORS

Specialties:

Military and Corporate Relocation REO Properties New Homes Property Management Leasing

View Chris’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 March 29, 2013 in Gay Realtors

Featured Atlanta Gay Realtor: Brian, Brian Guffey & Associates

Gay Realtor Brian Guffey

I have been a Licensed Realtor® since 2001, and have been an owner in Keller Williams Realty Atlanta Midtown since 2005.

I have sold well over 500 homes in my career and continue to be a strong salesman even in this trying economy. My primary objective is to provide the very best in customer service to each and every client with suggestions, prompt follow-through, keen attention to detail, extensive knowledge and a caring attitude all working in concert to ensure a smooth transaction.

Whether you are buying or selling a home, my in-depth understanding of client needs allows me to not only meet, but exceed expectations.

I look forward to working with you!

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

Professional/Personal Distinctions:

Member of Atlanta Board Of Realtors Member National Association of Realtors

Specialties:

Listing and Selling Metro Atlanta Homes, Condominiums, Townhomes and Lofts. Luxury Home Specialist and Short Sale Specialist.

View Brian’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 March 29, 2013 in Gay Realtors

Shadow inventory falls 28% from its peak

The nation’s shadow inventory of distressed properties is down substantially from peak levels reached in January 2010, Irvine, Calif.-based CoreLogic said Tuesday.

From its peak three years ago, the nation’s shadow inventory has fallen 28%, with 2.2 million units left sitting in the pipeline during the month of January.

That figure is down 18% from year ago levels when 2.6 million housing units still remained in the pipeline.

CoreLogic ($25.86 0.3%) develops its shadow inventory figure by calculating the number of seriously delinquent homes, properties in foreclosure and homes held as REOs by mortgage servicers, but not yet listed on multiple listing services.

“The shadow inventory continued to drop at double the rate in January from prior-year levels. At this point in the recovery, we are seeing healthy reductions across much of the nation,” said Anand Nallathambi, president and CEO of CoreLogic. “As we move forward in 2013, we need to see more progress in Florida, New York, California, Illinois and New Jersey which now account for almost half of the country’s remaining shadow inventory.”

States such as Arizona, California and Colorado are already seeing significant drops in mortgage delinquencies, which suggests a declining pipeline of properties in the shadow inventory in the months to come.

Of those properties currently in the shadow inventory, one million are seriously delinquent, 798,000 are in some stage of foreclosure and 342,000 are listed as REOs.

In January, five states – Florida, California, New York, Illinois and New Jersey – held 44% of all distressed properties in the U.S.

Florida alone houses 16% of the shadow inventory.

The author of this article is: Kerri Ann Panchuk

 See the original post at: http://www.housingwire.com/news/2013/03/26/shadow-inventory-falls-28-its-peak

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 March 29, 2013 in Shadow Inventory

Big Predictions for Housing for Next 2 Years

Home sales are projected to post some big gains in the next two years, according to Fannie Mae’s latest monthly economic outlook.

Fannie Mae economists predict that existing-home sales will rise by 10.5 percent this year, and by 6.2 percent in 2014. The economists made even bolder projections for new single-family home sales — growing 15.1 percent this year and 44.1 percent in 2014.

“We expect home prices to firm further amid a durable housing recovery, continuing to boost household net worth, gradually diminishing the population of underwater borrowers, and reducing incentive for strategic defaults,” according to Fannie Mae’s report.

Fannie Mae projects that mortgage rates will stay low by historical averages this year, but the 30-year fixed-rate mortgage will rise from an average of 3.5 percent during the first quarter to an average of 4 percent during the final three months of 2013. During the fourth quarter of 2014, mortgage rates are projected to tick up to a 4.5 percent average.

Mortgage applications for purchases are projected to increase by 16.8 percent this year and by 17.1 percent in 2014. However, a decline in applications for refinancings will likely cause mortgage originations to be down 14.5 percent this year and by 31.4 percent in 2014, Fannie economists predict.

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

 See the original post at: http://realtormag.realtor.org/daily-news/2013/03/29/big-predictions-for-housing-for-next-2-years

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 March 29, 2013 in Housing

FHA Premiums to Rise April 1

Starting Monday, borrowers will be charged higher mortgage insurance premiums on new Federal Housing Administration loans. The annual fee on the majority of FHA loans will rise by 0.1 percent on April 1.

This marks the third time the FHA has increased its mortgage insurance premiums in two years. And since 2008, the fee has nearly tripled.

Some borrowers are rushing to beat the April 1 deadline.

The FHA premium hikes are part of an effort by the agency to increase its insurance fund. In early June, the FHA will require borrowers who take out new FHA loans to pay for mortgage insurance for the entire life of the loan.

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

 See the original post at: http://realtormag.realtor.org/daily-news/2013/03/29/fha-premiums-rise-april-1

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 March 29, 2013 in Loans

Featured Murrysville Gay Realtor: Brian, Ricciuti Realty, Inc.

Gay Realtor Brian VanKirk

I have been a resident of the eastern suburbs my entire life!

I feel that each client should be treated equally, whether they are purchasing a $50,000 starter home or a million dollar estate. I am available to my clients 24/7 via phone, email, or text.

Contact me today and let me find you your next home!.

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

Professional/Personal Distinctions:

-E-Certified
-SFR, Short Sale & Foreclosure Specialist
-ABR, Accredited Buyer Representative
-GREEN, NAR’s Green Designation

Specialties:

First Time Home Buyers Senior Citizen Clients Relocation Customers Historic Homes

View Brian’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 March 28, 2013 in Gay Realtors

Featured Chicago Gay Realtor: Daniel, Conlon Real Estate

Gay Realtor Daniel Otto

Talented in the art of negotiation and the kind of person that one instinctively trusts, Daniel has earned a reputation as an impeccable guide to many Chicagoans for both buying and selling their homes.

His understanding of the Chicago real estate market and mastery in the art of the deal is really calculated by the number of his enthusiastic and satisfied clients over the past nine years. “I believe that real estate is often the single most important investment in a person’s life. This is why I strongly believe that choosing a real estate consultant who can be both a professional advisor and a true advocate is an essential.”.

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:

Daniel is an expert in luxury homes and condos, buyers, sellers, developments & relocations. He specializes in the Gold Coast, Old Town, River North/West, Lincoln Park, Lakeview, Andersonville, Roscoe Village, North Center, Lincoln Square, Ravenswood, South Loop, Wicker Park and Bucktown. Additional cities covered are: Oak Park, Evanston and Wilmette.

View Daniel’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 March 28, 2013 in Gay Realtors

Mortgage Rates Edge Higher This Week

Mortgage rates moved slightly higher this week, but still remain low by historical standards and are providing support to the ongoing housing recovery, Freddie Mac reports in its weekly mortgage market survey.

“Low and relatively steady mortgage rates are invigorating the housing market,” says Frank Nothaft, Freddie Mac’s chief economist.

Freddie Mac reports the following national averages for mortgage rates for the week ending March 28:

  • 30-year fixed-rate mortgages: averaged 3.57 percent, with an average 0.8 point, rising from last week’s 3.54 percent average. A year ago at this time, 30-year rates averaged 3.99 percent. The 30-year fixed-rate mortgage has remained below 4 percent for more than a year.
  • 15-year fixed-rate mortgages: averaged 2.76 percent, with an average 0.7 point, rising from last week’s 2.72 percent average. Last year at this time, 15-year rates averaged 3.23 percent.
  • 5-year adjustable-rate mortgages: averaged 2.68 percent, with an average 0.6 point, rising from last week’s 2.61 percent average. Last year at this time, 5-year ARMs averaged 2.90 percent.
  • 1-year ARMs: averaged 2.62 percent, with an average 0.3 point, dropping from last week’s 2.63 percent average. A year ago at this time, 1-year ARMs averaged 2.78 percent.

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

 See the original post at: http://realtormag.realtor.org/daily-news/2013/03/29/mortgage-rates-edge-higher-week

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 March 28, 2013 in Mortgages

Prospecting: Persistence, Consistency Win Out

Agents need to be both consistent and persistent when it comes to prospecting because making one phone call, knocking on one door, sending one postcard, or connecting with their sphere once is not enough to build relationships and generate business. They must put prospecting on their calendars to ensure that it gets done, blocking off a certain amount of time every day for this purpose.

Realty professionals also need to change their views about prospecting — looking at it as merely an opportunity to connect, talk to people, ask questions, and determine whether they can offer a service.  They must be prepared to be told “no;” but if they put themselves out there, they will also be told “yes” — and those respondents could become lifetime customers who send referrals their way.

Agents additionally must be creative when it comes to prospecting, using innovative ways to stay top-of-mind; and most importantly, they need to be consistent, always bringing their best to the table.

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

 See the original post at: http://realtormag.realtor.org/daily-news/2013/03/29/prospecting-persistence-consistency-win-out

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 March 28, 2013 in Gay Realtors

Mortgage Delinquencies, Foreclosure Rates Fall

The foreclosure picture continues to show year-over-year improvement, with delinquencies down and foreclosure inventories falling, according to a report of February data from Lender Processing Services (LPS), which provides technology and data for the mortgage and real estate industries.

The total U.S. loan delinquency rate — loans 30 or more days past due but not in foreclosure — dropped to 6.8 percent in February, according to LPS. The delinquency rate has fallen 6.51 percent in the past year.

The foreclosure pre-sale inventory rate has fallen nearly 20 percent in the past year to 1.7 million homes, according to LPS.

About 5.1 million homes in the U.S. are either in foreclosure or delinquent, according to LPS.

The states with the highest percentage of delinquent loans are:

  • Florida
  • New Jersey
  • Mississippi
  • Nevada
  • New York

Meanwhile, the states with the lowest percentage of delinquent loans are:

  • Montana
  • Arkansas
  • Wyoming
  • South Dakota
  • North Dakota

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

 See the original post at: http://realtormag.realtor.org/daily-news/2013/03/28/mortgage-delinquencies-foreclosure-rates-fall

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 March 28, 2013 in Foreclosures