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Foreclosure Starts Rise Again

Other

RealtyTrac reports that new foreclosure proceedings increased 6 percent last month compared to one year earlier; however, total volume was down 10 percent. Separately, second-quarter data from the Mortgage Bankers Association reflects the first gain in mortgage delinquencies in a year.   The author of this article is: realtormag.realtor.org  See the original post at: http://realtormag.realtor.org/daily-news/2012/08/10/foreclosure-starts-rise-again 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 coast to coast, and in your neighborhood.          Click here […]

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Goldman Sachs Cleared in Mortgage Probe

Mortgage Loan

The Securities and Exchange Commission (SEC) has dropped plans to seek a civil enforcement action against Goldman Sachs over a $1.3 billion subprime mortgage deal. The regulators have spent the last six months looking into claims that Goldman deceived investors about the quality of the securities it sold in 2006.  The firm received SEC confirmation on Aug. 6 that it had been cleared of wrongdoing.   The author of this article is: realtormag.realtor.org  See the original post at: http://realtormag.realtor.org/daily-news/2012/08/10/goldman-sachs-cleared-in-mortgage-probe At GayRealEstate.com, we keep you updated with all the gay realtor, lesbian realtor, […]

Featured Sarasota Gay Realtor: Lana, Blakeley & Associates Realty

Buying a Home

Being a real “Florida Native” with over 40 years Real Estate experience, I welcome the opportunity to serve your Real Estate needs in Paradise!! I service the Gulf Coast of Florida from Palmetto to North Port…the Suncoast of Florida. I have lived and worked here for the past 16 years. Previously sold Real Estate in the Denver Metro Area and Arcadia, FL. I am active in the GLBT community of which is wonderful in Sarasota/Bradenton. This is a very accepting area in which to live. We have come a long […]

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HARP Refinancing Continues to Surge

Mortgage Loan

About a third of all Fannie Mae and Freddie Mac loans refinanced in June went through the recently revamped Home Affordable Refinancing Program (HARP). That’s up from a 20 percent share in April. Additionally, the number of HARP refinancing deals with high loan-to-value (LTV) ratios went up substantially. According to Mortgage News Daily, changes to the previous HARP program, such as removing the 125 percent LTV ceiling and eliminating fees, seem to be driving increased participation. Freddie and Fannie refinanced 382,539 loans in June, 125,866 of which were though HARP. […]

Featured Stuart Gay Realtor: Kay, The Keyes Company

Buying a Home

Associate Broker, Florida and Michigan Licensed originally in the state of Michigan in 1988, Kay has over 20 years of residential real estate consulting, negotiating, and marketing experience. Her entire career has been devoted to Superior Customer Service, Professional Standards, and continuous advanced education. Our team is committed to making your move the best it can possibly be. Click here to search for a gay or lesbian real estate agent anywhere in the country. Professional/Personal Distinctions: CRS, SFR   Specialties: Distressed Property, First-Time Home Buyer, Vacation Homes, Condos, Single Family […]

Featured Sacramento Gay Realtor: Shell, RE/MAX Gold Real Estate

Buying a Home

I began in local real estate in 1995. I received my license in 1997 and sold 20 homes in my first year (a ‘down’ market at that time). Obviously, real estate is a VERY GOOD match for me. I’ve never been a “sales person” in the true sense of the word. I feel that homes sell themselves. However, what I provide is Service, Knowledge & 100% Customer Satisfaction. And I answer my phone….this is a big deal in real estate, as many of you are aware. Full Service with a […]

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Builder Brings Starter Homes to Gen Y Buyers

Buying a Home

A national homebuilder is wooing Generation Y renters with back-to-basics homes that offer all of the advantages of home ownership on a comfortable budget. Chicago, San Antonio, and St. Louis are the test markets that Centex Homes is using to convert younger tenants to owners. Fred Ehle, vice president of marketing for PulteGroup, Centex’s parent company, told writer Mary Umberger that the huge demographic was poised for the transition. “We’re marketing these homes, not with an advertised sales price of $130,000, but with the monthly cost of that home,” Ehle said. […]

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Nearly a Quarter of U.S. Metros Make Improving Markets List

Other

Eighty U.S. metro areas are holding a spot in this month’s Improving Markets Index, a housing index that spotlights housing markets showing gains over at least six consecutive months. The National Association of Home Builders/First American’s August index shows that 75 metro areas kept their spot on this month’s list, with the addition of five new ones. The five metros added to this month’s improving index are: Miami Palm Bay, Fla. Hinesville, Ga. Terre Haute, Ind. Lubbock, Texas The index measures improvements in housing permits, employment, and housing prices over […]

Featured Laguna Beach Gay Realtor: Michelle, Prudential California Realty

Buying a Home

As part of the Prudential California Realty team, I am dedicated to helping you with all of your real estate needs. With many services all under one roof, Prudential California Realty offers the convenience of “one-stop” shopping. As an industry leader, Prudential California Realty is committed to offering our clients the latest innovations in marketing and technology. My ultimate goal is to help you achieve the purchase or sale of your home and making the process as smooth as possible by educating you on what to expect and how the […]

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Mortgage Closing Costs on the Decline

Mortgage Loan

Closing costs have dropped by 7 percent over the last year, according to an annual survey on closing costs conducted by Bankrate.com. Closing costs average $3,754 nationwide. Title insurance and other third-party fees also saw a drop in the last year, falling 12 percent, and origination fees fell 1 percent, according to Bankrate.com’s survey. “This is the second year in which lenders are required to estimate third-party fees within 10 percent of the final cost. It seems like they’re getting more accurate, which helps explain the sharp decrease in these […]

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