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Pending home sales were down slightly in February, but remain notably above the pattern in the first half of 2011, according to the National Association of REALTORS(R). The Pending Home Sales Index, a forward-looking indicator based on contract signings, eased 0.5 percent to 96.5 in February from 97.0 in January, but is 9.2 percent above February 2011 when it was 88.4.  The data reflects contracts but not closings. Lawrence Yun, NAR chief economist, said we’re seeing the continuation of an uneven but higher sales pattern.  “The spring home buying season […]

Resident of Emerson Hill – Attended St. Francis College and Long Island University. Enjoy traveling, theater and spending time with family and friends. Successful entrepreneur: 33 year involvement in entertainment and restaurant business. Let me assist you in a successful purchase or sale! Click here to search for a gay or lesbian real estate agent anywhere in the country.   Professional/Personal Distinctions: Real estate investor Member National Association of REALTORS   Realtors Specialties: Residential Single Family; Resale and New Construction + Condominiums, Townhomes and Loft Living! Income Property & Investment […]

“Prices are bottoming now,” according to a Bank of America Merrill Lynch forecast, released this week. In the fall, the analysts had predicted home prices would drop by 8 percent from the second quarter of 2011 through the first quarter of 2013 — but now they’re revising that forecast, realizing the housing market is stabilizing faster than they originally thought. The analysts now predict that prices will remain flat for the next two years, as the excess foreclosure inventory is absorbed. They then expect to see a pickup in home […]

HAPPY, SATISFIED CLIENTS ARE MY # 1 GOAL! Home-buying and selling can be an exciting, stressful, and busy time. Let me do the work for you. I’m here to help! Consult a knowledgeable, caring professional who promotes a comfortable, friendly work atmosphere. I am a very detail-oriented, dedicated agent who will work as long and hard as it takes to help you reach your goal. Contact me today for a FREE, NO OBLIGATION market analysis or pre-qualification session. I’m available seven days a week. Don’t hesitate to call or email! […]

Home values may be down nationwide, but the majority of Americans surveyed by Fannie Mae in the fourth quarter still prefer homeownership as opposed to renting. Fannie released its quarterly national housing survey Tuesday morning after interviewing 3,000 Americans between the months of October and December. Two-thirds of renters surveyed said they hope to buy a home in the future — a trend that subsists across all education levels and demographics. “In spite of the impact of the housing crisis on home values and homeownership rates across the country, Americans […]

Pending home sales shot up in California during the month of February as more buyers signed contracts to acquire homes, the California Association of Realtors said Monday. C.A.R.’s pending home sales index grew from 102.3 in January to 127.8 in February. The index is based on the number of pending sales contracts signed each month. Contract activity is a sign of future home sales activity, and a sign of just how strong the home sales market is in certain areas. In February, the share of distressed sales recorded in California […]

Pending home sales fell slightly in February, but still remain well above levels set in the first half of 2011, the National Association of Realtors said Monday. The NAR Pending Home Sales Index is a forward-looking indicator of housing activity based on contract signings. The index hit a level of 96.5 in February, down 0.5% from a score of 97 in January. Still, it remains 9.2% above the February 2011 index score of 88.4. The data provided reflects the number of contracts signed, but not closings. “The spring home-buying season […]

30 plus years helping clients buy and sell their homes and investment properties in San Francisco, Marin, and Sonoma Counties. Founded and operated Great City, Realtors with offices in SF, Russian River and Santa Rosa with over 150 agents primarily serving gay clientel. Closed offices in late 1980’s when over half of agents died of AIDS. As a survivor have worked as agent since then in Sonoma County. A native of North Carolina have lived in Los Angeles, San Francisco, Sebastopol, Guerneville and now Santa Rosa for past 18 years. […]

New home sales dipped 1.6% in February to 313,000 from January, but rose 11.6% from the same period a year earlier. The seasonally adjusted annual measure, released by the Commerce Department Friday, fell from a downwardly revised January estimate of 318,000 from 321,000. Analysts surveyed by Econoday expected a much better result of 325,000 for the February estimate. The actual nonadjusted total of new homes sold increased to 25,000 in February from 22,000 both a month and year earlier. The median and average sales prices, also unadjusted, rose 8.3% and […]

KB Home reported a loss of $45.4 million in the first quarter ended Feb. 29, a loss of 59 cents a share, narrowing its loss by 60% from a year earlier. But new orders declined, and investors punished the homebuilder’s stock, which was down about 9% in mid-afternoon trading. Net orders totaled 1,197 in the first quarter of 2012, down 8% from 1,302 net orders in the year-earlier quarter, as a 22% increase in the homebuilder’s Central region was more than offset by decreases in each of its three other […]