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Homebuilders Making a Land Grab

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As the housing market heats up, home builders are going after open land. The assistance of well-established build on your lot home builders extends the possibilities of what could be developed in these lots to near endless. The nation’s four largest builders — Lennar, Pulte Group, D.R. Horton, and KB Home — spent between $500 million to $1 billion each buying land the past year. However, one of the most aggressive property buyers has been Standard Pacific, ranked 13th largest homebuilder in the nation. It snatched up $711 million in […]

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If a Home Gets Hit by a Meteor, Who Pays?

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After a meteor struck western Siberia and more meteors threatened the entire globe on Friday, CNNMoney asked the question: Who pays for damage to a home if hit by a space object? Rest easy, “your insurance covers falling objects,” says Robert Hartwig, president of the Insurance Information Institute. In the rare events when meteors have crashed through home owners’ roofs over the years, insurers have paid the damage for those insured, Hartwig says. “Blue ice” — the frozen sewage that sometimes falls from airplanes — is more common and is […]

Gay Realtor Ryan O’Connor

Featured Andover Gay Realtor: Ryan O’Connor, Keller Williams

Buying a Home

As an agent who’s an expert in this local area, I bring a wealth of knowledge and expertise about buying and selling real estate here. It’s not the same everywhere, so you need someone you can trust for up-to-date information. Here are some of the things I can do for you: Find Your Next Home: You need someone who knows this area inside and out! I can work with you to find the right home at the right price for you, including all the neighborhood amenities that matter – not […]

Featured Montgomery Gay Realtor: Jimmy Harris, WPI SET REALTY

Buying a Home

One Company… One Solution… People don’t talk about it a lot. But finding the right real estate agent can be the difference between a happy, stress-free home buying or selling experience, and an unhappy, stressful experience. First, you’ll want an agent ready and able to make a full-time commitment to you. I can and will do that. Second, you’ll want an agent with the experience needed to know the local neighborhoods, schools, market conditions, ordinances, etc. With my years of experience in the local market – I have the expertise […]

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Freddie Mac: Housing Still Has Ways to Go

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The housing market is in recovery mode, but overall activity still remains near historic lows, according to Freddie Mac’s U.S. Economic and Housing Market Outlook for February. “Across the nation, most local housing markets have room for sustainable growth, particularly in home construction and sales,” says Frank Nothaft, Freddie Mac’s chief economist. “As the broader economy heals, expect to see more good news with house prices continuing their recent upward trend, and home sales and housing starts continuing to post strong growth rates.” Housing starts are projected in 2013 to […]

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Vacation-Home Buyers Face Financing Hurdles

Buying a Home

Qualifying for a loan isn’t easy for most borrowers nowadays, but it’s particularly difficult for vacation-home buyers, who are finding tougher underwriting requirements and other obstacles. “Many popular vacation-home destinations are in the same markets where property values tanked during the housing downturn and have yet to stabilize,” MarketWatch reports. “Some lenders say they’re concerned about underwriting mortgages in areas where prices could fall further. In other cases, lenders won’t approve mortgages if they receive a shaky appraisal report — for instance, one that includes sale prices from other towns […]

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States Battling the Highest Foreclosure Rates

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Foreclosures are falling nationwide, but some states are still facing high foreclosure rates. For the fifth-straight month in a row, Florida has the highest foreclosure rate in the nation, according to RealtyTrac’s latest January report. Florida had more than twice the national average of foreclosure filings, which are up 20 percent year-over-year in that state. The following 10 states with the highest foreclosure rates in January: Florida: 1 in every 300 housing units had a foreclosure filing Nevada: 1 in every 344 Illinois: 1 in every 375 Arizona: 1 in […]

Featured Richmond Gay Realtor: Sean Craft, Homes

Buying a Home

I am proud to serve the LGBT Community and am excited to work with “our family” in helping you to find the right home and neighborhood I am here to welcome and navigate you through the very stressful experience of finding a new home, moving and settling in. I am a realtor with Homes ‘N Land Inc. and have been a Richmond resident for most of my life. I have also resided in Manhattan, Boston, Houston, and Washington D.C. I earned a B.A. from Virginia Commonwealth University in Historic Preservation […]

Featured Chicago 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 […]

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Billionaire Goes on Home-Buying Spree

Buying a Home

Billionaire B. Wayne Hughes is snatching up about 10,000 single-family homes to turn into rentals. Hughes has purchased the properties through his American Homes 4 Rent, which now makes the firm the second-biggest owner of single-family rentals (behind only Stephen Schwarzman’s Blackstone Group). Hughes incorporated American Homes 4 Rent last year as a non-public REIT to fund his venture into the single-family rental business. The American Homes 4 Rent is expecting about 6 percent to 7 percent return on the rents. Hughes’ firm is buying up mostly foreclosed properties at […]

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