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

The median price of single-family homes nationwide increased 12.2% in the second quarter when compared with the year-earlier period. It also rose 11.3% from the first quarter.

Mortgage giant Freddie Mac reported a $5 billion net income for the second quarter of this year — the second-largest profit in its history — and says it will pay a dividend of $4.4 billion to the U.S. Treasury. So far, Freddie Mac has paid back $41 billion of what it owes to taxpayers. It still owes $30 billion more, and company officials say it hopes to continue paying that down this year.

With great experience as a Palm Springs Realtor and servicing all areas in Riverside County, I help both buyers and sellers meet their real estate objectives. I have extensive knowledge of each of the communities located in and around Palm Springs, and I will work tirelessly on your behalf to make your next Palm Desert home buying or Rancho Mirage home selling experience a pleasant and successful one. For sellers, it is my commitment to help sell your home or property in a timely fashion while helping you attain the […]

More than 100 real estate and economic experts predict home values will end 2013 up 6.7 percent from the end of 2012, as the housing market recovery continues to widen and accelerate, according to the latest Zillow Home Price Expectations Survey. A majority of the panel also said that while rising mortgage rates don’t pose a threat if they stay within the 4 to 5 percent range, they could derail the recovery if they reach 6 percent or higher. The survey of 106 economists, real estate experts and investment and […]

Entrance into the publishing business isn’t the only thing Amazon CEO Jeff Bezos is getting out of his planned $250 million purchase of The Washington Post. As part of the acquisition, he’ll also get a slew of offices, warehouses, and development land in the Washington, D.C., area. The Post also sold more than 700,000 square feet of industrial space and more than 60 acres of land to Bezos. “As has been the case with many newspaper publishing company sales, real estate controlled by the media firm is considered to be […]

Having lived in San Francisco since 1991, I’m pretty familiar with the various and unique neighborhoods of San Francisco. This knowledge and experience together with my ability to analyze sales trends and market data, allows me to give valuable information to my clients so they can make the best decisions.

It seems that move-up and luxury builders are less susceptible to the consequences of higher mortgage rates than an entry-level buyer would be, according to Sterne Agee analyst Jay McCanless. Repeat homebuyers should have equity already built up from their previous homes, reducing monthly payments and improving affordability.

Six of the top 10 consumer complaints revolve around the housing sector, from home improvement issues to mortgage and landlord/tenant issues, according to the recently released 2012 Consumer Complaint Survey conducted by the Consumer Federation of America  and the North American Consumer Protection Investigator.

Clayton’s background and passion for real estate began years ago, being from a family in custom homebuilding. Early in his career, he honed his skills in customer service and management while owning and buying for his clothing and home furnishing boutique in West University/Southside place area of Houston. The skills learned during this venture come in to play while giving his client’s guidance in home staging and marketing for their homes. He prides himself in educating himself on trends in the market and in technology. Clayton took his career to […]

Closing costs have climbed 6 percent in the past year, according to a new survey by Bankrate.com. On a $200,000 single-family loan, borrowers with great credit who are making a 20 percent down payment are paying $2,402, on average, in closing costs nationwide. But closing costs vary greatly from lender to lender as well as from state to state. The states with the highest average closing costs, according to Bankrate’s survey: Hawaii: $2,919 Alaska: $2,675 South Carolina: $2,658 California: $2,639 New Mexico: $2,566 Meanwhile, the states with the lowest averages […]