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Featured Fort Lauderdale Gay Realtor: Bruce, Prestige Waterfront Realty

Buying a Home

Bruce first moved to Fort Lauderdale in 1972. Prior to becoming a Full-Time Realtor, Bruce was the head of a nationally known Executive Search Consulting Firm, Bruce Associates. For over two decades, Bruce and his firm assisted Healthcare Organizations and Dental Practices by locating providers and professionals throughout the United States and Canada. It was while brokering dental practices that Bruce discovered a passion for Real Estate. “I love using my experience and knowledge to help my clients get the […]

Featured Wadsworth Gay Realtor: Thomas, Allen and Hartzell

Buying a Home

Thomas is a global entrepreneur providing stellar real estate expertise. He brings to Allen & Hartzell a wealth of knowledge of the industry and can assist with a variety of residential, commercial, and land development transactions. Born in Medina and reared in Homerville, Thomas attended Oberlin College and The University of Michigan. He has worked in international banking, as an economic policy analyst, and as a publisher for major global publishing companies. He has held a real estate license since […]

Investors Gradually Retreating from Market

Other

As home prices rise, the number of investors in the housing market appears to be starting to cool. The number of investment properties purchased last year dropped 2.1 percent compared to 2011, according to a recent National Association of REALTORS® report. Investors are making up a smaller number of home buyers, shrinking from 27 percent in 2011 to 24 percent in 2012. However, investment buyers still make up a large percentage of buyers compared to historical standards. “Investors have been […]

10 Cities Where Luxury Homes Sell the Most

Selling a Home

Where do luxury homes tend to sell the most? Coldwell Banker’s Luxury Market Report recently revealed the top U.S. cities with the highest number of luxury homes sales in the $1 million-plus category. The cities in the top 10, along with the number of sales in the $1 million-plus tier for 2012 : New York City (Manhattan): 2,382 Los Angeles: 1,533 San Francisco: 1,507 Hamptons, N.Y.: 963 Miami: 790 Chicago: 713 Naples, Fla.: 651 Washington, D.C.: 646 San Jose, Calif.: […]

Wells Fargo Dominates Home Loans Business

Mortgage Loan

Wells Fargo & Co. is the largest U.S. mortgage lender, taking an unprecedented 28.8 percent share of all home loans nationwide last year, The Wall Street Journal reports. That’s up from 11.2 percent in 2007. “They are dominating the retail space because they are huge, and because there is so little competition from other big banks that have pulled back,” Alan Rosenbaum, chief executive of GuardHill Financial Corp., a New York-based mortgage bank, told The Wall Street Journal. Wells Fargo’s […]

Featured Champaign Gay Realtor: PJ, Champaign County Realty

Buying a Home

PJ was born and raised in Champaign/Urbana. Living here his whole life, he has familiarized himself with the community and what it has to offer. PJ is a Centennial High School graduate and studying to earn a bachelors degree in Business through Eastern Illinois University. PJ enjoys finding the right home for his clients and he enjoys the opportunity to help clients make the biggest financial decision of their life. PJ enjoys the marketing process of selling a home and […]

Featured Savage Gay Realtor: Travis, ReMax Advantage Plus

Buying a Home

Originally from a small town in western Wisconsin his relocation to the Twin Cities began with a teaching opportunity with a high school marketing program. Travis began his now 14 year Real Estate career interning for a national development company. Now at RE/MAX Advantage Plus, thriving in a distressed market, 2011 has been a record year selling over $22,000,000 in sales and closing 121 transactions. He currently is a top 10 Re/Max agent in Minnesota delivering exemplary service to his […]

One Man Buying Up Town’s Foreclosure Stock

Buying a Home

A 60-year-old man is on a crusade to save his town of Carpentersville, Ill., from foreclosure blight. According to the immediate edge blog, Tom Roeser has invested about $10 million in buying 193 foreclosed homes in his town and has refurbished the properties to either sell or rent them at a discount to local residents. Roeser is the president and co-owner of the town’s largest employer, Otto Engineering. Roser began buying vacant, foreclosed homes in the town in 2005 after […]

First-Time Home Buyers: This Spring’s ‘Wild Card’?

Buying a Home

First-time home buyers represented the fastest growing segment of home purchasers for January and February, according to the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey. Meanwhile, current home owners looking to move up posted the largest drop in market share in the month, dropping to the lowest market share recorded of current home owners since last June. Current home owners make up 42.5 percent of the market share, while first-time home buyers share climbed to 34.5 percent of home purchase […]

Fannie Mae Soars to Record Profits

Mortgage Loan

Mortgage giant Fannie Mae reported $17.2 billion for net income in 2012, its largest annual profit ever, The Wall Street Journal reports. The housing market’s recovery is leading to fewer loans going bad, which is in turn helping Fannie see rising profits. Timothy Mayopoulos, Fannie’s chief executive, said he expects Fannie to “remain profitable for the foreseeable future.” In the fourth quarter of 2012, Fannie posted a $7.6 billion profit. That’s compared to one year earlier, in which the mortgage […]

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