Gay Real Estate News | Gay Realtor Headlines | GayRealEstate.com

Foreclosure starts rose in January suggesting the pipeline is starting to move, according to the latest mortgage monitor report from Lender Processing Services ($23.69 1.27). LPS said foreclosure starts in the first month of 2012 rose 28% from December but fell 11.5% from a year earlier. The data firm says 203,458 starts were recorded in January, compared to 230,023 in January 2011. Repeat foreclosures hit an all-time high in January, representing 47% of all starts. LPS sees positive changes in the foreclosure pipeline, but says it’s too soon to call […]

We are an all Gay Owned & Operated Full Service Real Estate Brokerage. Our slogan is “Putting FAMILY First” and we do! We also own and operate a property management company, Austin Homes Management. Our goal is to use our expertise to take care of OUR community. Let us take care of you. You deserve it! Click here to search for a gay or lesbian real estate agent anywhere in the country. Professional/Personal Distinctions: Multi-Million Dollar Producers Our team are all Members of: Austin Gay & Lesbian Chamber of Commerce […]

Buying is more affordable than renting in 98 out of the nation’s 100 largest metropolitan areas — even in New York, Los Angeles and Boston, according to real estate company Trulia‘s rent vs. buy index. The index is based on asking prices for rental units and homes for sale on the company’s website between Dec. 1, 2011, and Feb. 29. “As rents rise and prices stagnate, homeownership is becoming even more affordable, but rising rents create a dilemma for people who can’t afford to buy yet,” says Jed Kolko, Trulia’s […]

Florida home prices and sales dipped in January from the previous month but showed some positive movement over year-ago figures, according to a statewide real estate association. The January median single-family sales price of $129,000 was 4.8% below $135,500 in December, Florida Realtors reported. Still, it was a 5.3% gain from year-ago figures with condo/townhomes surging 18.8% to $95,000 over January 2011 prices. Sales of foreclosures continued to distort home prices, the trade association said. Statewide sales of existing single-family homes totaled 12,044 in January, down 5.5% from the year […]

While many housing markets remain weak, some bright spots are popping up especially in areas where inventory is low in lower-priced segments, according to HomeValueForecast. The majority of statistical areas across the country demonstrated positive real estate trends in February, despite weak markets in some larger areas, according to HomeValueForecast, a partnership between Pro Teck Valuation Services and Collateral Analytics. Top markets in February include four in South Florida, a few around the Pennsylvania-Ohio border, and one each in Michigan, Utah and near the Arkansas-Missouri border, Pro Teck said. “The […]

The Federal Housing Administration will announce additional premium changes to its mortgage business and streamlined refinance programs in the coming days. FHA Acting Commissioner Carol Galante said in a speech at the Mortgage Bankers Association servicing conference in Orlando, Fla., Wednesday that the changes are on their way. As part of the payroll tax extension agreed to last fall, the FHA will raise premiums on its forward mortgages by 10 basis points and by 25 bps for jumbo loans. Galante said Wednesday the FHA would make additional increases soon to […]

Existing home sales on all single-family homes, townhomes, condos and co-ops rose 4.3% during the month of January, making it the third sales increase in the past four months, the National Association of Realtors said Wednesday. In January, home sales hit a seasonally adjusted annual rate of 4.57 million units, compared to a pace of 4.38 million units in December and 4.54 million units in the year-ago period. As sales increased, inventory levels declined 0.4% from December with only 2.31 million existing homes on the market last month, representing a […]

Forget what you think of when you think “Realtor”. I am not a salesman. I am a trusted advisor, a resource for local market conditions, and an expert negotiator. It is my goal to meet YOUR goals and I approach each client with their specific needs in mind. Put my years of experience and proven results to work for you whether you need to sell a home quickly or search for your dream home for years. I work with buyers and sellers in all price ranges and I am Licensed […]

Mortgage applications fell 4.5% for the week ending Feb. 17 on lower refinance activity and fewer home purchases, an industry trade group said. The Mortgage Bankers Association said its market composite index — a measure of mortgage application loan volume — fell 4.5% from the previous week, while the refinance index fell 4.8%. In addition, the seasonally adjusted purchase index declined 2.9% from a week earlier. The refinance share of mortgage activity also declined to 80.1% of total applications, down from 81.1% the previous week. MBA says 57.2% of applications […]

Home Depot ($47.30 0.37%) reported a 32% increase in fourth-quarter earnings, boosted by the warm weather, which drove demand for building projects. Fourth-quarter income rose to $774 million, or 50 cents a share, from $587 million, or 36 cents a share, and sales were up 5.9% to $16 billion. The company saw positive same-store sales during the final three months of 2011 in all of its top 40 markets, including those in hard-hit California and Florida, Chief Executive Frank Blake said. The company’s stores in Canada and Mexico also saw […]