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Inventories Hover at Historic Lows

Buying a Home

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 the overall market is in a stabilization mode,” Realtor.com reports. […]

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Regulators Propose Appraisal Rules for High-Risk Loans

Mortgage Loan

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 them with free copies of the appraisal reports afterwards. If […]

Featured Henderson Gay Realtor: Beth, Realty ONE Group

Buying a Home

Las Vegas~Henderson~Nevada I am a Las Vegas local area professional real estate expert and have extensive knowledge of my local community, my objective is to work diligently to assist you in meeting your distressed assets requirements and company goals in record time. The Team is a multimillion dollar producing team yearly ~ We know how to get properties closed ~ We are experienced REO/BPO agents. We are successful because I help you evaluate the market place, and evaluate the opportunities and values in this market place. When selling a property […]

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Builder Confidence Soars to 5-Year High

Other

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 better than they have been in more than five years,” […]

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Can Home Owners Cash in on Political Conventions?

Buying a Home

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 places where hotels are plentiful. On Craiglist, more than 900 […]

Featured Las Vegas Gay Realtor: Barbara, Encore Realty Group

Buying a Home

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 listings ~ You’ll have instant access to this and my […]

Featured Colorado Springs Gay Realtor: Liz, ERA Herman Group

Buying a Home

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 to achieve your goals with as little stress as possible. […]

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Home Builder Shares Become Hot Stocks

Other

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 the new-home market takes recovery mode, some builders have been […]

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Mortgage, Credit Card Delinquencies Drop in Second Quarter

Mortgage Loan

Fewer U.S. consumers fell behind on their home loans and credit card payments in the second quarter, reports TransUnion. The rate of borrowers 60 days or more past due on their mortgages slipped to 5.49 percent from 5.78 percent in the first quarter of 2012.  TransUnion expects mortgage delinquencies to continue to fall for the rest of the year as the economy slowly improves. “The economy has not grown at a robust rate, but it does continue to slowly improve and we believe the improvement in mortgage drMmelinquencies will follow […]

Featured Aurora Gay Realtor: Wendy, IDEAL Properties of Denver

Buying a Home

Wendy is a Denver native and has been a Realtor for 25+ years… she knows this town! Wendy has also been active in the GLBT community and has assisted several hundred of our “family” with home purchases and sales ~ truly a Family Realtor. Wendy recently left Re/Max after being a part of that organization for more than 20 years… she’s opened her own company with her good friend, Vicki Porter, and they are a team working as IDEAL Properties of Denver. Our tag line is “a good deal, better.” […]

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