Gay Realty Network

Real Estate News With a Gay Slant

The Gayborhood: Logan Circle, Washington DC

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Logan Circle

For a couple of decades, Washington’s gay community has been steadily expanding east of the city’s traditional hub of LGBTQ culture, Dupont Circle. The historic Logan Circle neighborhood abounds with beautiful 19th-century townhouses — many of which have been gorgeously restored in recent years.

Logan Circle has morphed from a dodgy and downcast district to one of the hottest spots in town for dining and drinking.

As you amble around this area, you’ll spy plenty of rainbow flags — the neighborhood is highly diverse in race, sexual orientation, and style, although rapid gentrification is sadly leading to higher rents and pricing out some artists and younger residents.

At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.

Authored By Andrew Collins
See the Full Story at Unicorn Booty

Click here for gay realtors, mortgage lenders, and other real estate professionals in Washington DC

Post-Gayborhood: Mission District, San Francisco

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Mission District

Over the past decade, the gayborhood has morphed into what’s often termed a “post-gay” neighborhood. At many LGBT-owned businesses, you’re apt to bump into plenty of straight folks as well — and vice versa. And it’s a good bet that the formerly explicitly gay neighborhoods will continue to become steadily more diverse — including the influx of the dreaded “hipster”. But if you can get beyond the sometimes precious conceits of these trendy urban districts, you’ll discover some of the best businesses and restaurants in the country. Every day for the next two weeks, we’ll be taking a look at a dozen of the most dynamic and interesting post-gay neighborhoods, like the Mission District, in the United States and Canada. These aren’t necessarily the biggest or the most popular — just a good sampling of especially notable ones.

Mission District in San Francisco, California

Adjacent to arguably the world’s most recognizable gay ghetto, the Castro, the significantly larger Mission District has a long and fascinating history. It’s named for the oldest extant building in the city, Mission San Francisco de Asis, and has been a center of the city’s Mexican-American population for eons. By the ‘60s it had become a hub of countercultural activists, feminists, and lesbians, and today—although very much gentrified and increasingly expensive—it’s a diverse community known for some of the hippest coffeehouses, indie retail, and creative restaurants in the city.

By Andrew Collins – Full Story at Unicorn Booty

San Francisco Gay Real estate Resources

How Important is Walkability?

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walkability

It’s no secret that living in walking distance to work, schools or even shops is growing ever more popular, but it’s also a considerably rare commodity (which, in turn, makes it ever more desirable).

New research by Redfin now reveals just how much exactly walkability, expressed in form of a Walk Score, is worth in some of the States’ major metropolitan areas.

Walk Score, ranked on a scale from 0 to 100, is Redfin’s property rating system, measuring how pedestrian-friendly an area is.

Restaurants, schools, parks and other amenities in a 30-minute-walk radius are taken into account to determine an area’s Walk Score.

And of course, a supermarket in a five-minute-walk radius is will rate higher than the park 25 minutes down the road.

So, how much does it add to a property’s value?

At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.

Authored By Stefanie Gerdes
See the Full Story at Gay Star News

The Perfect City for Millennials?

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philadelphia

Millennials are seen as hyper-modern trendsetters – but when looking for a city to live in, some of their preferences are surprisingly conservative, new research reveals.

New research by rentals portal Abodo reveals that the cliché of Generation Y seemingly doesn’t translate into what they’re looking for when moving to a new city.

They asked 2,000 18-28 year-olds, asking them to rate a city’s top qualities on a scale of one to 10, as well as to choose their perfect city…

Philadelphia matches 95% of requirements the participants stated, with its only lack being the availability of high quality public schools. Boston, Washington D.C., New York City, Portland and Seattle, all of which achieved a 90% match, share second place.

At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.

Authored By Stefanie Gerdes
See the Full Story at Gay Star News

A New Bubble?

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Construction

Home values are appreciating faster than experts expected, rising almost 5 percent over the past year, according to the April Zillow Real Estate Market Reports. There are 3.4 percent fewer homes for sale in the U.S. than there were 12 months ago.

Zillow forecasted home values would grow 2 percent from April 2015 to April 2016, and outside housing experts said they expect slower growth in coming years. However, Zillow’s latest data show a different trend with home values currently appreciating at 4.9 percent — almost 3 percentage points faster than Zillow predicted a year ago — to a Zillow Home Value Index of $187,000.

Shrinking inventory is the story of the summer home shopping season for those looking to buy a home and entry-level homes have been hit the hardest; the number of entry-level homes for sale is down almost 8 percent over the past 12 months. Stiff competition and high demand, in addition to low inventory, stronger wage growth and low mortgage rates, are driving up home prices across the country, especially for entry-level homes, which is forcing many want-to-be-homeowners into bidding wars.

At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.

Authored By Isaac M. O’Bannon
See the Full Story at CPA practice Advisor

Is San Diego Too Pricey?

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Hillcrest

The economy is looking up for many and according to the Case-Shiller index tracking resales of single family homes, this trend is being reflected in home prices. Nationally, prices are up 5 percent in the last 12 months, but in popular San Diego, that number is even higher. At a rise of 6.3 percent our fair city is still way under the leaders – Portland (up a staggering 12.3 percent) and her sister Seattle up over 10 percent. The reason for the rise? A generally upbeat and positive economic climate plus low mortgage interest rates and lower unemployment, at least in these leading markets.

So where does a budget conscious prospective homeowner turn for value?

The answer may be found in the northern suburb of Escondido with an average sales price of $415,000. With the San Diego median inching up to half a million (currently $490,000) there’s a saving to be found in this community for both families and retirees. Located 30 miles northeast of downtown San Diego, the city is located in a shallow valley surrounded by rocky hills. It is home to the San Diego Zoo’s Safari Park and the California Center for the Arts, and is a draw to tourists for its many local eateries and attractions. Festivals such as the “Cruisin’ Grand” featuring snazzy and retro automobiles and the “Grand Avenue Festival, held both fall and spring, lure visitors.

By Del Phillips – Full Story at LGBT Weekly

LGBT Weekly Gay Travel Resources

Pokemon Go A Real Estate Selling Point?

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Pokemon

Real estate agents are starting to jump on the Go bandwagon to try and sell homes.

Since the game’s release in early July, thousands of people have signed up for the game; by now, use time is allegedly higher than that of Whatsapp, Facebook and Twitter.

And as the small creatures once again take over millennials’ lives, much like they did nearly 20 years ago (feel old yet?), Pokémon Go opens up business opportunities.

Scrolling through Craigslist, countless ads reference the game, from San Francisco to New York City and presumably every other big city in between.

At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.

Authored By Stefanie Gerdes
See the Full Story at Gay Star News

Linda Jain, Lesbian Ft. Lauderdale Real Estate Agent

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Linda Jain, Lesbian Ft. Lauderdale Real Estate AgentPeriodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals:

Ft. Lauderdale Real Estate Agent Linda Jain knows the Fort Lauderdale and Wilton Manors real estate markets inside and out, and knows the importance of great customer service and residential building experience. These skills allow Linda help home sellers, buyers or investors to understand what’s going in the Lauderdale real estate market today.
Linda is a licensed Real Estate Salesperson with long, successful previous career in Customer Service. She brings her enthusiastic personality and service skills to the real estate market, working well with other agents and going beyond expectations for her clients. In this business, an agent thrives by creating long-term relationships, not just by closing individual transactions.

Linda has also had a license as a Code Inspector in Ithaca, New York – she knows how houses should be put together, an invaluable skill for her clients, especially when buying a new home.

Linda works hard, but takes a low-key approach with her clients – she is a good listener, both patient and understanding.

Linda received her BA in Public Administration at the State University of New York, and currently lives in Oakland Park, Florida.

If you are buying or selling a Fort Lauderdale home, give Linda a call.

See Linda’s Expanded Listing on Gay Realty Network Here

Gay Friendly Realtors and Real Estate Professionals in Ft. Lauderdale

The Strange Is Gone From San Francisco

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San Francisco

As I walk into the homey Inner Richmond apartment of Vetiver singer Andy Cabic three days before Christmas, the first thing I notice are the boxes lining the walls — an all too familiar sight in San Francisco these days. When asked about the changes the city has faced over the last five or so years, Cabic sighs and looks out the kitchen window toward the Presidio, a view that he soon would no longer be able to enjoy. “Artists would not be able to live here if it wasn’t for rent control,” he says. By New Year’s Eve, his apartment building will change ownership and Cabic will be forced to say goodbye to the railroad-style apartment where he and his partner Alissa have lived for more than a decade. Everything was still uncertain when I spoke with him, echoing a refrain that the displaced San Francisco band Two Gallants used as the title of their 2015 piano ballad, “There’s So Much I Don’t Know.”

This scenario has gone from regular occurrence to cliche; evictions in the Bay Area have become the norm when they were once the exception. As rents have risen to the highest in the country — skyrocketing well past New York City, according to Zumper’s National Rent Report from May 2016 — it has become increasingly expensive to live in San Francisco. The creative class has been hit hard, getting pushed to the outskirts of the city — most notably, the far western suburban Outer Sunset and southern Excelsior neighborhoods, both a considerable distance away from downtown. Many have crossed the San Francisco Bay to Oakland, where rents have been rising at an equal or faster rate over the past few years, now cracking the list of top-five most expensive cities in America. As a result of rent increases, Oakland has lost a quarter of its African-American population in the past decade alone. Many people have left the Bay Area altogether, journeying south to Los Angeles, north to Portland, or in some cases, across the country to New York.

It’s easy to focus on how the city itself has changed (just walk down the tree-lined and wine-bar-littered Valencia Street in the Mission), but hyper-gentrification has manifested itself in more subtle ways, cutting deep into the psyche of many musicians who once called the area home.

At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.

Authored By Steven Edelstone
See the Full Story at Spin

Click here for gay realtors, mortgage lenders, and other real estate professionals in San Francisco

Chicago One of Slowest Metros in US to Recover

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Chicago

October 2003 stands out in Chicagoans’ memory for the Cubs’ infamous collapse one game shy of the World Series. Now there’s another reason to curse that month: Nearly 13 years later, local home values are about the same as they were at the time of that Cubs crash.

An index of Chicago-area single-family home values was at the same level in March as in October 2003, according to the S&P/Case-Shiller Indices released this week.

Though the Chicago residential market is recovering from the bust, Case-Shiller data show it’s coming back much more slowly than other metropolitan areas: Of the 20 major U.S. cities Case-Shiller tracks, only two are trapped further back in time: Detroit, whose price index is at February 2001 levels, and Cleveland, at February 2003.

Over the years since the bust, Chicago has struggled with a logjam of thousands of slow-to-sell new condos, a heavy load of foreclosures, higher-than-average unemployment and other factors as other cities moved forward.

At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.

Authored By Dennis Rodkin
See the Full Story at the Chicago Real Estate Daily

Click here for gay realtors, mortgage lenders, and other real estate professionals in Illinois