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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 […]

Featured Birmingham Gay Realtor: Carl Davis, Re/Max Advantage

Buying a Home

Full time devoted Realtor with over 9 years of Real Estate experience and 15 years of sales experience!Carl is a native of Birmingham, Alabama, therefore very knowledgeable of all areas. Carl sells Real Estate in all areas Birmingham and surrounding cites and counties. He represents both buyers and sellers in all price ranges. When you are buying or selling property in today’s real estate market it’s important to have confidence in your real estate professional. Carl’s commitment as your local REALTOR is to provide you with the specialized real estate […]

Featured Nashville Gay Realtor: Matt Dillman, Reliant Realty

Buying a Home

Representing Buyers and Sellers in the Greater Nashville area, I have relationships with lenders, inspectors, builders, and appraisers to help make your real estate transaction a pleasure from start to finish. Real estate transactions can be confusing and frustrating. When you work with me, you can rest assured that I will not only handle the details, but make sure your interests are protected. Whether you’re a first time homebuyer, selling your current home, or relocating to the area I would be honored to have the opportunity to earn your business. […]

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4 Big Short Sales Hang-ups

Other

Short sales are increasing this year, and these transactions can take up to three times longer than a traditional transaction. A lot can go wrong in that timeframe. These are the most common delays, according to a recent article by George “Gee” Dunsten, a real estate broker and president of Gee Dunsten Seminars, at RISMedia. Title issues: Be sure to do a title exam at the beginning in order to identify all individuals on the deed and mortgages, and determine all lien holders. Lack of communication with the lender: Lost […]

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California Sees Big Inventory Decrease

Other

The number of homes for-sale has dropped to its lowest point since Realtor.com started collecting such data, and inventories are falling the most in the Golden State. California metros made up all spots in the top 10 of areas posting the largest year-over-year drops in inventories. Nationwide, inventory levels are down 16.47 percent in January year-over-year, and are less than half the peak of 3.1 million units reached in September 2007, according to Realtor.com’s analysis of the latest MLS data. The following are the 8 metros that have seen some […]

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Foreign Firms Eye U.S. Single-Family Rental Market

Other

Several foreign firms are jumping into the single family homes rental market of late, seeking high returns by snagging up homes at discounts, turning them into rentals, and waiting for an improved housing market. “The business of buying and renting houses, long dominated by local mom-and-pop investors, has morphed over the past two years into one of the hottest investments on Wall Street,” The Wall Street Journal reports. For example, US Masters Residential Property Fund, a real-estate investment trust mostly of Australian retirees, has raised $276 million to invest in […]

Featured Chicago Bay Gay Realtor: Rick Whittemore, At Properties

Buying a Home

Buying a home is one of the biggest investments you will ever make in your life. With this in mind, Rick approaches each client’s transaction with enthusiasm, understanding, and diligence. Rick’s interpersonal skills have helped him appreciate not only the business practices of buying and selling, but also the emotion involved in the process. His consistent dedication and ability to relate to his clients helps provide ease and comfort throughout the entire process of the real estate transaction. Rick’s dedication to his career and clients helps ensure a smooth process […]

Featured Independence Bay Gay Realtor: Dan Stiles, Platinum Realty

Buying a Home

I live in Kansas City Missouri and focus on assisting non-traditional families with their real estate needs. Platinum Realty has proven itself to be at the cutting edge of the real estate market and is one of the largest real estate companies in the region. Please contact me today. Click here to search for a gay or lesbian real estate agent anywhere in the country. Professional/Personal Distinctions:   Specialties: Residential Real Estate ~ Resale and New Construction. Single Family Homes ~ Condominiums ~ Townhomes and Loft Living. Free Relocation Assistance. […]

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5 Cities Offering Some of the Best Bargains for Buyers

Buying a Home

Inventories of for-sale homes have fallen to record lows in many areas, but some markets are still reporting plenty of choices for home buyers. Plus, in some areas home prices haven’t experienced large increases as in other places this past year. Realtor.com reports the following five best locales for home buyers for 2013: Asheville, N.C.: Prices here are down 0.40 percent year-over-year, and properties are taking longer to sell here than other places — a median of 149 days homes are lingering on the market. Peoria-Pekin, Ill.: The area has […]

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