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Foreclosure Inventory Remains Near All-Time Highs

Other

The U.S. foreclosure inventory — consisting of loans that have been referred to an attorney for foreclosure but have not yet completed the process through a sale — hit 4.1 percent of all active mortgages in May, holding near-record highs. Lender Processing Services reported significantly higher numbers in judicial foreclosure states, at 6.5 percent of all loans, compared to non-judicial states, where the foreclosure inventory settled at 2.5 percent. Also, according to LPS, more than half of loans in foreclosure […]

One Week Left for Your Clients to Win $20K in Home Renovations

Buying a Home

Time’s running out to give your clients the chance to win a $20,000 home renovation project in HouseLogic’s Boost Your Roost contest. The home makeovers of their dreams could become a reality. Submissions are being accepted now through Monday, July 16.   The author of this article is: realtormag.realtor.org  See the original post at: http://realtormag.realtor.org/daily-news/2012/07/10/one-week-left-for-your-clients-win-20k-in-home-renovations At GayRealEstate.com, we keep you updated with all the gay realtor, lesbian realtor, gay realty, gay real estate and general real estate news affecting the LGBT community […]

Featured Santa Fe Gay Realtor: Matthew, The Ave Real Estate of New Mexico

Buying a Home

Welcome to The Ave. Santa Fe Real Estate. We offer: A comprehensive presentation of homes and land for sale in and around Santa Fe, Albuquerque, Rio Rancho, Placitas, and northern New Mexico. Veritably, the easiest web site for viewing Santa Fe homes and land for sale ~ you’ll have instant access to our website after choosing “Contact Matthew” and providing brief information. Exceptional brokerage and referral services that bring value to the sale and purchase of your Santa Fe Real […]

Zillow expands Yahoo Homes partnership to rental property

Buying a Home

Zillow ($39.77 -0.21%) expanded its exclusive partnership with Yahoo ($15.78 -0.07%) to include rentals. “Zillow is an important provider for Yahoo Homes, and we are excited to expand our footprint to include rental offerings,” said Brandon Huff, vice president Yahoo Commerce. The announcement comes on the heel’s of Zillow’s June 1 acquisition of RentJuice, which provides rental relationship management software for landlords, property managers and rental brokers. Zillow began ramping up its efforts on the apartment rental side of the […]

Housing market looks brighter: Obama administration

Other

The Obama administration’s latest housing scorecard shows signs of stability filtering into the housing market, with home equity numbers rising 7.4% between the fourth quarter of 2011 and the first quarter of 2012. The scorecard – which is compiled by the U.S. Department of Housing and Urban Development, the Obama administration and Treasury – noted that home equity rose $457.1 billion in the first quarter of 2012, the highest level reached since the second quarter of 2010. Sales of previously […]

How Agents Are Investing in Their Business

Buying a Home

Real estate professionals are investing in a number of tools to expand their reach to customers. According to a new survey by ActiveRain of 2,000 real estate agents, 63 percent of repondents say they have their own Internet Data Exchange (IDX) Web site, which features home listing feeds from their MLS. Their average expenditure on an IDX Web site is $75 per month, according to survey respondents. Additionally, 62 percent say they use tools that help them create comparative market […]

Featured Denver Gay Realtor: Bill, ERA Herman Group Real Estate

Buying a Home

Bill came to Denver in the early 80’s to attend the University of Denver and fell in love with the climate, mountains, and the area … so he decided to call DENVER “HOME.” He has owned many businesses in the metropolitan area of Denver, most recently The Capitol Hill Mansion Bed and Breakfast. His knowledge of neighborhoods has helped sellers and buyers find the right match for their situation. He believes in Education in order to be aware of the […]

Several Cities Declared ‘in the Clear’ from Downturn

Buying a Home

Nearly 30 cities are “in the clear” from dipping into another housing crisis, posting a “solid base” housing recovery, according to a new report released by Trulia The “big six cities” that are seeing the most improvements in housing are: Denver; San Jose, Calif.; Pittsburgh; Little Rock, Ark.; Austin, Texas; and Colorado Springs, Colo., according to the report. Those cities posted gains in asking prices of 4 percent or more year-over-year and have seen their foreclosure rates decrease. Those six […]

Featured Los Angeles Gay Realtor: James, Right Move Real Estate

Buying a Home

Right Move Real Estate specializes in REO and Short Sale transactions, as well as buyer representation. If you have any questions about the processes of buying or selling a home or if you need assistance in any way, I can easily be contacted by pressing the contact button. Click here to search for a gay or lesbian real estate agent anywhere in the country.   Professional/Personal Distinctions: Broker since 2004 Certified LGBT Business Enterprise by the National Gay and Lesbian […]

Multifamily housing bubble may be in the future

Other

While single-family housing starts remain down, rental demand is driving new multifamily construction. But how long the demand will last is uncertain — an uneasy consideration for investors whose current investments may take years to hit the market. “People who are thinking about renting are going to think about buying again, so the increase in demand for rental housing will start to plateau and supply will still be high,” said Stan Humphries, chief economist at Zillow ($39.65 0.54%), who said […]

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