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Featured Gay Realtor: Simon Westfall-Kwong, Collection Real Estate, Essex County, NJ

Buying a Home

Hi – My partner & I moved from NYC to Essex County, NJ for more space and most importantly to have a nice yard for our 2 daughters. It’s so easy to get in to NYC via the mid-town direct. 

I have over 17 years of Negotiating & Business experience in order to help you achieve your goals. Before working in real estate, I ran the US Operations for an Asian fashion/ textile/ garment manufacturer traveling throughout the world.

NEED MORE SPACE?
WANT A BIGGER YARD?
READY TO DOWN SIZE?
LOOKING TO RELOCATE?
INVESTMENT PROPERTIES?

Please […]

Real estate firms differ on definition of repossession

Uncategorized

RealtyTrac Inc., announced this week that more than 75,000 residential and commercial properties were taken back by banks since the beginning of 2007 in Palm Beach and Broward counties. A few hours later, CondoVultures.com came out with its own report: in excess of 94,000 properties in the two counties were repossessed during the same period. Both firms say they get their information from public records. What gives? Seems they have different definitions of repossession. RealtyTrac, an Irvine, Calif.-based foreclosure listing firm, said it doesn’t count a repossession if a third […]

High-yield mortgage REITs: Too good to be true?

Mortgage Loan

They offer yields so lofty they’re likely to fall. But mREITs may still have potential for investors. As bond, CD, and money market interest rates remain mired at rock-bottom levels, investors continue their quest for dividends. One category offers eye-popping yields: mortgage real estate investment trusts, or mREITs (which are required to pass most of their income to shareholders via dividends). Chimera Investment and American Capital Agency each yield more than 19%. And the largest mREIT, Annaly Capital Management — which we’ve recommended before– offers a 15% payout. Are these […]

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FICO warns mortgage, student loan delinquencies may rise

Mortgage Loan

Bank risk professionals believe Americans who are over leveraged on mortgage, student loan and credit card debt remain a risk to the broader economy, according to a FICO report. FICO drew that conclusion from a fourth-quarter survey of bank risk professionals conducted by the Professional Risk Managers’ International Association. Of those surveyed, 47% of risk managers say they expect mortgage delinquencies to rise, while 13% believe delinquencies will fall. FICO says that’s more pessimistic when comparing 4Q survey results to the previous quarter. Student debt also remains a concern, with […]

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Builders Prepare to Work on New Developments in 2012

Other

Although 2011 was among the slowest years ever for single-family construction starts, observers say builders across the country are preparing to commence work on new developments. The National Association of Home Builders’ Chief Economist David Crowe says 2011 starts came in around 425,000, down from the previous low of 442,000 in 2009, with declines in consumer confidence helping to pinch the number of groundbreakings. According to Census data, single-family homes account for just 2.3 percent of the 9 percent increase in starts in November. Meritage Homes CEO Steve Hilton does […]

Featured Gay Realtor: Kevin O’ She, Coldwell Banker Real Estate, Yonkers, NY

Uncategorized

COMPARE AGENTS!!! 28 YEARS EXPERIENCE!!! 
2005 Westchester County Realtor of the Year! 
*2010 Westchester Magazine 5 Star Agent – Independent Survey. 

KEVIN O’SHEA * 2006-8 V.P. Westchester Putnam, MLS

KEVIN O”SHEA * 1991-2008 Panelist/Chair/Mediator for Professional Standards, Ethics & Arbitrations. 

KEVIN O’SHEA * 1987/2010 Instructor for N.Y.S. Licensing Course, Computer Courses and orientation and Ethics for Real Estate Salespersons and Brokers – 

KEVIN O’SHEA * 2004-5 Vice President Westchester County Board of Realtors.(WCBR)
2001-3 Vice President Westchester/Putnam MLS
2003- Member Strategic Planning
2001 Vice President Independent Real Estate Network 
2000/1-4/5 Chairman – Internet Computer […]

Featured Gay Realtor: Brad Jordan, Coldwell Banker C&C Properties, Redding, CA

Buying a Home

I have been in Redding from the Bay Area for 20 years. I can show you the best areas to live to suite your lifestyle and introduce you to our community. Additionally, I am selling my listings even in this market! So please call me if you would like to get your home sold.  Click here to search for a gay or lesbian real estate agent anywhere in the country. Professional/Personal Distinctions: Coldwell Banker Previews Property Specialist, Member Shasta Association of Realtors, Ca DRE License 01727917 Specialties: Luxury Homes, Retirement, […]

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MetLife Closes Mortgage-Origination Business

Mortgage Loan

MetLife Inc., the nation’s largest insurer, announced Tuesday it is getting out of the mortgage-origination business and that it will no longer be accepting new mortgage applications as it prepares to shutter its residential mortgage unit. However, the company says MetLife Home Loans will continue to offer reverse mortgages as well as service its current mortgage customers. For any loan applications already in the pipeline, the company said it will continue to process those loans and expects most of the loans to close within 90 days. In October, MetLife had […]

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Framing a Case for Home Builders

Other

For over five years now, people have been saying that home builders’ fortunes were about to turn a corner. And for over five years, that has been wrong. A. L. Vineyard commercial construction contractors in Orange County offer wood framing, wood truss or beam repairs, emergency shoring and earthquake strengthening services. But it is beginning to look as if this will be the year when some housing bulls are actually right—with the caveat that, as always with real estate, location matters. In 2011, only about 300,000 newly built homes were […]

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White House wants to convert foreclosed houses to rentals

Other

The Obama administration, in conjunction with federal regulators and led by the overseer of Fannie Mae and Freddie Mac, are very close to announcing a pilot program to sell government-owned foreclosures in bulk to investors as rentals, according to administration officials. There are currently about a quarter of a million foreclosed properties on the books of Fannie Mae, Freddie Mac and the Federal Housing Administration (FHA) and millions more are coming. The foreclosure processing delays of last year created a mammoth backlog of properties yet to be processed, which are […]

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