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60% of Single-Family Renters Plan to Buy Within 5 Years

Buying a Home

Renters of single family homes are twenty-five percent more likely than apartment tenants to stay in their current homes fives years or longer, according to a new survey by Opinion Research Corporation. The finding suggests that “demand for single-family homes, the fastest growing rental category, will be more stable than multi-family demand,” according to the survey findings. Renters also say they plan to look at single family homes and become home owners one day, particularly among single-family tenants. Sixty percent of single-family renters and 44 percent of apartment renters say […]

Gay Realtor James DeMaria

Featured Fort Lauderdale Gay Realtor: James DeMaria, Lago Mar Realty, Inc

Buying a Home

James is a resident of Fort Lauderdale since 1986, and a Harbor Beach/Sky Harbour East Condominium owner since 1988. Born and raised in Madison, New Jersey, James has become known as “The Fort Lauderdale Beach Condominium specialist”. His professionalism, knowledge, record sales & friendly personality are what has made him a leader in the Sales & Leasing of Oceanfront, Intracoastal and Las Olas Condominuim residences. Click here to search for a gay or lesbian real estate agent anywhere in the country. Professional/Personal Distinctions: Member National Association of Realtors Member Greater […]

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Woman Says She Was Scammed by ‘Rogue Agent’

Buying a Home

A woman in the Atlanta area says a man posing as a real estate agent duped her out of a deposit she says she paid to rent a home that had been for-sale and was already under contract. Monica O’Neil alleges she paid a $750 deposit to rent a three-bedroom home that was for-sale. But the home was already under contract, and when she went to move in, she found herself locked out. O’Neil asserts that she contacted the man who was listed as the contact on fliers available at […]

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Fannie: Housing to See ‘Sustained Growth’

Other

The housing market is “on a sustained growth path,” according to the latest economic outlook by Fannie Mae’s Economic & Strategic Research Group. “One of the key developments for the housing market last year was the general consensus that home prices, on a national basis, bottomed earlier in the year and continued to build momentum, exhibiting robust year-over-year gains unseen since the housing boom,” according to the report. Housing inventories are at the lowest since December 1994 and fewer distressed homes have helped to lift home prices, according to Fannie […]

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Foreclosed Home Owners Seek Second Chance

Other

Former home owners who once walked away from their homes in a move called “strategic default” are back on the market, eager to buy a home again. Nearly 80 percent of strategic defaulters say they want to buy a home again within the next 12 months, according to a survey by YouWalkAway.com, a web site that helps borrowers in the legal pitfalls of strategic default. The market potential for these comeback home owners could be huge: The number of eligible home buyers who have a foreclosure on their record will […]

Featured Bennington Gay Realtor: Troy Richardson, RE/MAX Maple Leaf Realty

Buying a Home

I am a native Vermonter, and grew up in Newbury, Vermont. After living in Boston, Massachusetts and Baltimore, Maryland I have returned home to Vermont to be closer to family and to get away from city life. With a well-rounded background in Finance, Computer Science and Retail Store Operations, I have worked with some of the largest mutual fund companies in the country both as an employee and as a Management Consultant, specializing in Project Management and Process Improvement. For the last seven years I have been an active real […]

Featured Baton Rouge Gay Realtor: Lance Daggs, C.J. Brown Realtors

Buying a Home

Lance , a New Orleans native, moved to Baton Rouge in 2004 to attend LSU, where he received his Bachelor of Science in Business Administration, Management in 2008. Working in the hotel industry through most of his college years, Lance perfected the art of hospitality and customer service. In 2009, Lance decided to apply those skills to a career in real estate, something that has always been an interest of his since childhood. He finds great pleasure and satisfaction in working closely with his customers to find them the right […]

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Home Ownership Is Within More Americans’ Reach

Buying a Home

Low interest rates helped keep housing affordability high in the final quarter of 2012, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index released on Thursday. Nearly 75 percent of homes sold between October and the end of December were affordable to families earning the median income of $65,000. “The most recent housing affordability data should be encouraging to many prospective home buyers, because it shows that home ownership remains within reach of median-income consumers even as most local markets appear to be on a recovery path,” […]

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Mortgage Rates Mostly Hold Steady This Week

Mortgage Loan

Mortgage rates mostly remained unchanged this week, continuing a monthlong track of keeping at their historical lows, Freddie Mac reports in its weekly mortgage market survey. “Mortgage rates have been relatively stable, hovering near record lows, for the past four weeks, which is helping to spur new home construction,” says Frank Nothaft, Freddie Mac’s chief economist. Here’s a closer look at national averages for mortgage rates for the week ending Feb. 21, according to Freddie Mac: 30-year fixed-rate mortgages: inched up to a 3.56 average this week, with an average […]

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HUD Probes Lenders for Treatment of Pregnant Consumers

Other

The Department of Housing and Urban Development says it is investigating dozens of complaints that mortgage lenders are allegedly denying or delaying loans because a woman is on maternity leave. Such practices violate the Fair Housing Act. Lenders are not able to use parental leave as a basis for denying a qualified borrower. “Where lenders run up against the law is where they single out pregnant women for a difference in treatment based upon an assumption that either they’re not being paid on leave, they don’t have a job to […]

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