Several local governments across the country are considering using the power of eminent domain to seize underwater mortgages — a controversial move that has been drawing widespread criticism in recent weeks. While the governments are considering various ways how to use eminent domain, the basic approach seems to be that the local government would seek court approval to pay a “fair market” value to a lender or investor holding the home owner’s underwater mortgage. If the local government is granted […]

I am a real estate consultant with well-rounded knowledge of different facets of real estate, be it a first time home or a commercial apartment building. I am familiar with the 1031 exchange process, condominium construction, renovation and repair, and investment and cash flow principals. I have my Green Sustainable Property Designation, Certified Short Sale Negotiator Designation and I am a Certified REO Property Specialist. I work with a team of professionals teaching first time home buyer classes including, certified […]

While buyer demand is picking up, many consumers increasingly are finding fewer choices in housing these days. The number of homes for sale continues to remain at record lows with the nationwide inventory of for-sale single-family homes, condos, townhomes, and co-ops is about 19 percent below inventory levels from a year ago, Realtor.com reports in its analysis of July housing data of 146 markets. “Low inventories, combined with rising list prices and lower times on market, are positive signs that […]

Six federal regulatory agencies have proposed new appraisal standards for high-risk mortgages that aim to give borrowers more information about their loans. The Federal Reserve, along with five other federal agencies, have recommended adopting rules that would require lenders to use certified or licensed appraisers who prepare written reports that must be based on a physical inspection of the home. The proposal, if approved, also would require creditors to disclose to the borrower the purpose of the appraisal and supply […]

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Builder confidence in the new-home market continued to inch higher this month, reaching its highest level since February 2007, according to the National Association of Home Builders/Wells Fargo Housing Market Index, which measures nationwide builder sentiment about current and future sale conditions and buyer traffic. This marks the fourth consecutive month that builder confidence has been on the rise. “From the builder’s perspective, current sales conditions, sales prospects for the next six months, and traffic of prospective buyers are all […]

Many home owners who live near the sites of the Democratic and Republican national conventions in Charlotte, N.C., and Tampa, Fla., are seeing the events as an opportunity to earn extra cash by offering up their homes as short-term rentals to attendees. While some convention attendees may be lured to the roominess of a home over a cramped hotel room, some real estate professionals say that many home owners may be getting too greedy with their asking prices, particularly in […]

First licensed in Las Vegas in 2000, I have been and continue to serve the GLBT community, locally, regionally and internationally. Real Estate is my passion, hence my brand…”Experience that counts! The expertise to make it happen!” My focus is on the client, not my personal accomplishments or number of sales. Service is a given, as are all of the other boring cliches of what a Realtor does. My website is a Work In Progress but does feature my personal […]

I am gay friendly and have lived in the Colorado Springs area since 1991. I feel that real estate can be a substantial investment decision. That being said, I pride myself on my honesty, integrity and my ability to educate you on the process of buying and selling real estate. Regardless of whether you are buying a new home or selling a home that you have loved and cared for, I will guide you through every step and help you […]

Home builder shares have risen to record levels this year as a rebound takes shape in the new-home market, following one of its worst years on record, Bloomberg reports. The Standard & Poor’s Supercomposite Homebuilder Index has risen 53 percent this year. The index includes 11 home building companies. For example, PulteGroup shares have soared 98 percent this year, Lennar has risen 59 percent, Toll Brothers has increased 49 percent, and D.R. Horton has soared 43 percent, Bloomberg reports. As […]