GayRealEstate USA

Dallas Real Estate Sales Prices Not Disclosed

By Jeff Adolph

Residential Real Estate

Real estate agents and appraisers, along with home buyers and sellers, often rely on the selling prices of homes to assess the worth of property, but not all states in America have to disclose selling prices, and this is making it hard to track the real estate market's progress because only a partial picture is being seen.

In America, 45 states out of 50 have to disclose selling prices for real estate. In fact, all states with this ruling have to register home sales with the local courthouse so that they are officially recorded. However, this is not the case for Kansas, New Mexico, Texas, Utah and Wyoming. And this, says real estate professionals and economists, makes tracking the real estate market difficult.

Dallas appraiser, Jack Towers believes that this may be misleading.

"It started pretty much in the high end [of the market], and it's spreading out and getting worse," Towers said. "It's misleading, and most people are unaware of this happening."

Evidently agents in these states list sales information with the Multiple Listing Service, or MLS, but this service is voluntary and unregulated, so it is hard to gage its accuracy.

Buyers and sellers who do not wish to disclose prices often have a 'Z' marking on property's, which then prevents others from knowing what a home actually sold for. The 'Z' price refers to the original listing price and offers no other information.

As Towers adds, "They [agents] say that the sellers and buyers don't want this information public, but they shouldn't be manipulating the market."

Article Source: Brown, Steve (2009) More Dallas Home Sales Prices Kept Secret; available online at www.dallasnews.com

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By Jeff Adolph

Residential Real Estate

Real estate agents and appraisers, along with home buyers and sellers, often rely on the selling prices of homes to assess the worth of property, but not all states in America have to disclose selling prices, and this is making it hard to track the real estate market's progress because only a partial picture is being seen.

In America, 45 states out of 50 have to disclose selling prices for real estate. In fact, all states with this ruling have to register home sales with the local courthouse so that they are officially recorded. However, this is not the case for Kansas, New Mexico, Texas, Utah and Wyoming. And this, says real estate professionals and economists, makes tracking the real estate market difficult.

Dallas appraiser, Jack Towers believes that this may be misleading.

"It started pretty much in the high end [of the market], and it's spreading out and getting worse," Towers said. "It's misleading, and most people are unaware of this happening."

Evidently agents in these states list sales information with the Multiple Listing Service, or MLS, but this service is voluntary and unregulated, so it is hard to gage its accuracy.

Buyers and sellers who do not wish to disclose prices often have a 'Z' marking on property's, which then prevents others from knowing what a home actually sold for. The 'Z' price refers to the original listing price and offers no other information.

As Towers adds, "They [agents] say that the sellers and buyers don't want this information public, but they shouldn't be manipulating the market."

Article Source: Brown, Steve (2009) More Dallas Home Sales Prices Kept Secret; available online at www.dallasnews.com

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LGBT Retirement: Proposed Lambda Retirement Community - Texas

By Jeff Adolph

LGBT Retirement Living

A gay retirement community is proposed for the area of Austin, Texas, where a variety of housing options will be available, such as traditional single and double bedroom, private living units.

It is anticipated that the units in this complex will have an office or computer room in them, as well as a kitchenette and living room. In addition to this, the community will have a communal dining and living room, health and entertainment facilities, and an area for hobbies.

Single men and couples will be encouraged to become members of the Lambda residential community, and ownership of units will be similar to condo ownership, where an association fee is paid for home and facility maintenance and services, and the unit is privately owned by the individual or couple. There will also be some rental units on offer, where four to six individual bedrooms will share a kitchenette and bathroom facilities, and other common areas.

All units will be constructed using green alternatives, and will be as eco-friendly as possible. At this stage the completion date of this retirement complex is unknown, and it is hoped that further updates will be offered in the near future.

Source: GLEH (2009) Lambda Retirement Community; available online at http://www.lambdaretirementcommunity.org

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By Jeff Adolph

LGBT Retirement Living

A gay retirement community is proposed for the area of Austin, Texas, where a variety of housing options will be available, such as traditional single and double bedroom, private living units.

It is anticipated that the units in this complex will have an office or computer room in them, as well as a kitchenette and living room. In addition to this, the community will have a communal dining and living room, health and entertainment facilities, and an area for hobbies.

Single men and couples will be encouraged to become members of the Lambda residential community, and ownership of units will be similar to condo ownership, where an association fee is paid for home and facility maintenance and services, and the unit is privately owned by the individual or couple. There will also be some rental units on offer, where four to six individual bedrooms will share a kitchenette and bathroom facilities, and other common areas.

All units will be constructed using green alternatives, and will be as eco-friendly as possible. At this stage the completion date of this retirement complex is unknown, and it is hoped that further updates will be offered in the near future.

Source: GLEH (2009) Lambda Retirement Community; available online at http://www.lambdaretirementcommunity.org

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By Jeff Adolph

LGBT Retirement Living

A gay retirement community is proposed for the area of Austin, Texas, where a variety of housing options will be available, such as traditional single and double bedroom, private living units.

Single men and couples will be encouraged to become members of the Lambda residential community, and ownership of units will be similar to condo ownership, where an association fee is paid for home and facility maintenance and services, and the unit is privately owned by the individual or couple. There will also be some rental units on offer, where four to six individual bedrooms will share a kitchenette and bathroom facilities, and other common areas.

All units will be constructed using green alternatives, and will be as eco-friendly as possible. At this stage the completion date of this retirement complex is unknown, and it is hoped that further updates will be offered in the near future.

Source: GLEH (2009) Lambda Retirement Community; available online at http://www.lambdaretirementcommunity.org

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Real Estate Investment in College Towns

By Jeff Adolph

Residential Real Estate

Austin, Texas -- one of GayRealEstate USA's gayest zip-codes, was recently surveyed by Coldwell Banker to see how it faired when compared to other major college football towns in relation to home pricing.

According to the survey Austin ranked 55 out of 119 markets, with an average home price of $241,325.

Homes evaluated were all single-family of approximately 2,200 square feet and they had four bedrooms and two and a half baths. These homes also had a two car garage and a family room, and were typically found in middle income earning residential areas.

The survey revealed that the most affordable college town in America to buy a home in was Akron, Ohio (pictured left) with the average home costing $135,780, and the most expensive college town in the nation was Palo Ato, California where homes averaged $1.7 million.

Houston, Texas another of GayRealEstate USA's gayest zip-codes, was also amongst the most affordable college towns in the nation according to the Coldwell Banker survey.

Overall, many Realtors feel that investing in real estate in a college town provides owners with a sound opportunity and an asset that will always be viable.

Sources:  Austin Business Journal (2008) How Do Austin Home Prices Stack Up Against Other College Towns; available online at http://www.bizjournals.com

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By Jeff Adolph

Residential Real Estate

Austin, Texas -- one of GayRealEstate USA's gayest zip-codes, was recently surveyed by Coldwell Banker to see how it faired when compared to other major college football towns in relation to home pricing.

According to the survey Austin ranked 55 out of 119 markets, with an average home price of $241,325.

Homes evaluated were all single-family of approximately 2,200 square feet and they had four bedrooms and two and a half baths. These homes also had a two car garage and a family room, and were typically found in middle income earning residential areas.

The survey revealed that the most affordable college town in America to buy a home in was Akron, Ohio (pictured left) with the average home costing $135,780, and the most expensive college town in the nation was Palo Ato, California where homes averaged $1.7 million.

Houston, Texas another of GayRealEstate USA's gayest zip-codes, was also amongst the most affordable college towns in the nation according to the Coldwell Banker survey.

Overall, many Realtors feel that investing in real estate in a college town provides owners with a sound opportunity and an asset that will always be viable.

Sources:  Austin Business Journal (2008) How Do Austin Home Prices Stack Up Against Other College Towns; available online at http://www.bizjournals.com

Image Source:  Microsoft Clipart and www.aradise.com

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LGBT Zipcodes - Austin Shows Signs of Appreciation - Texas

By Jeff Adolph

LGBT Zipcodes

Austin - Texas, one of GayRealEstate USA's gayest zip-codes, is showing signs of appreciation and is considered a strong buyers market, according to local Realtors Carolyn and Rob Abbott.

New listing prices for homes in the region were up by 3.90% to just over $312,000, and the average sold price  increased by 7.95% to just over $276,000.

Austin is listed as the third most 'Recession Proof' city by the Austin Business Journal, as the region is witnessing a decrease in unemployment levels, and has affordable housing that is continually appreciating in value.

In fact, Austin is said to be experiencing excellent job growth and stable home prices, and is considered to be one of the best places to buy real estate at present.

The Austin American Statesman has announced that 2008 property appraisals are expected to increase. Chief Appraiser, Patrick Brown said home values across the county are expected to rise by as much as 12.55%.

Source: Abbot, Carolyn and Rob (2008) Real Estate Market Update: August 2008;available online at www.narreia.com

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Around the Nation -- Residential Real Estate Update - Texas

By Jeff Adolph

State-by-state

Situated in  Central region of the U.S.A, this state is ranked as the 2nd largest by land mass and the 2nd by population with 20,851,820 people residing in this region.

This states economy relies heavily on Fortune 500 companies, energy, aeronautics, defense, information technology, tourism, entertainment and agriculture.

No income tax applies to this region of America, however a 6.25% sales tax is charged. This region of the United states has no state property tax, however counties, cities and school districts assess and collect property tax on all real estate and income producing property.

North Dallas

Homes are typically sitting on the market for 90-120 days in this region with the median home price hovering around $200,000. The market trend in this area is said to be increasing with the market trend up by 0-5% compared to last year (Houston Pictured).

Buyers are getting 85-90% of their asking price and the hottest valued market in this region is repeat buyers and population growth being the driving force behind this trend. 

There are currently more buyers than sellers and low interest rates make for good buying with buyers willing to negotiate with sellers.

LGBT Real Estate Facts: There are approximately 42,912 same-sex couples residing in Texas making this region the 3rd gayest state in America. The gayest zip codes in this locality are 75219 Oak Lawn, Dallas; 77006 Fairview, Houston; 75208 Oak Cliff, Dallas; 78751 North Austin, 77008 Jester Village/ Heights, Houston. -- gaydemographics.com

Main Story Source: House Hunt (2008) Real Estate Market Trends; available online at http://www.househunt.com

Picture Source: wikipedia.org

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By Jeff Adolph

State-by-state

Situated in  Central region of the U.S.A, this state is ranked as the 2nd largest by land mass and the 2nd by population with 20,851,820 people residing in this region.

This states economy relies heavily on Fortune 500 companies, energy, aeronautics, defense, information technology, tourism, entertainment and agriculture.

No income tax applies to this region of America, however a 6.25% sales tax is charged. This region of the United states has no state property tax, however counties, cities and school districts assess and collect property tax on all real estate and income producing property.

North Dallas

Homes are typically sitting on the market for 90-120 days in this region with the median home price hovering around $200,000. The market trend in this area is said to be increasing with the market trend up by 0-5% compared to last year (Houston Pictured).

Buyers are getting 85-90% of their asking price and the hottest valued market in this region is repeat buyers and population growth being the driving force behind this trend. 

There are currently more buyers than sellers and low interest rates make for good buying with buyers willing to negotiate with sellers.

LGBT Real Estate Facts: There are approximately 42,912 same-sex couples residing in Texas making this region the 3rd gayest state in America. The gayest zip codes in this locality are 75219 Oak Lawn, Dallas; 77006 Fairview, Houston; 75208 Oak Cliff, Dallas; 78751 North Austin, 77008 Jester Village/ Heights, Houston. -- gaydemographics.com

Main Story Source: House Hunt (2008) Real Estate Market Trends; available online at http://www.househunt.com

Picture Source: wikipedia.org

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Galveston Blossoming LGBT Community

By Jeff Adolph

LGBT Enclaves

The low cost of living and easy-going lifestyle is drawing LGBT to Galveston like surfers to the waves.

Laura Villagran, activist-publisher who recently opened the city's first gay and lesbian visitor's center believes the region is set to explode as the the next gay tourism mecca.

However, local real estate agents feel it may become more of a gay retirement precinct. Given the increase in gay retirees in the area they feel that the Galveston population of 57,000 is set to swell as the sun and surf along with gay-friendliness entice LGBT from far and wide to the region.

Events like the annual summer Splash Day celebration and the city's Gay Pride Festival -- the first of which was held in October of '07 -- also promise to draw large gay and lesbian crowds.

Local real estate agent, Eldredge Langlinais said, 'many of the gays are attracted by the city's large stock of older homes.'

'I first bought a weekend cottage in 1978,' he said. 'When you cross the causeway -- the ambiance, the different look, the palm trees, the older houses and, of course, the water -- I'd know immediately that I was somewhere else.'

The city's allure is sure to entice especially with its ability to offer unique homes at affordable prices. Galveston is tipped as being a LGBT growth area and region for sound for investment in 2008.

Source: Turner, A (2007) More Gays Pick Galveston as Spot to Live and Relax; available online at www.chron.com/disp/story.mpl/front/5401313.html

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By Jeff Adolph

LGBT Enclaves

The low cost of living and easy-going lifestyle is drawing LGBT to Galveston like surfers to the waves.

Laura Villagran, activist-publisher who recently opened the city's first gay and lesbian visitor's center believes the region is set to explode as the the next gay tourism mecca.

However, local real estate agents feel it may become more of a gay retirement precinct. Given the increase in gay retirees in the area they feel that the Galveston population of 57,000 is set to swell as the sun and surf along with gay-friendliness entice LGBT from far and wide to the region.

Events like the annual summer Splash Day celebration and the city's Gay Pride Festival -- the first of which was held in October of '07 -- also promise to draw large gay and lesbian crowds.

Local real estate agent, Eldredge Langlinais said, 'many of the gays are attracted by the city's large stock of older homes.'

'I first bought a weekend cottage in 1978,' he said. 'When you cross the causeway -- the ambiance, the different look, the palm trees, the older houses and, of course, the water -- I'd know immediately that I was somewhere else.'

The city's allure is sure to entice especially with its ability to offer unique homes at affordable prices. Galveston is tipped as being a LGBT growth area and region for sound for investment in 2008.

Source: Turner, A (2007) More Gays Pick Galveston as Spot to Live and Relax; available online at www.chron.com/disp/story.mpl/front/5401313.html

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Joel Burns Elected -- Happy New Year!

By Jeff Adolph

LGBT Politics

It's official, Joel Burns, who was vying with other candidates to represent the ninth district on the city council, is to be Fort Worth's first openly gay official.

Burns, a real estate agent, gained over 50 percent of the vote.

Downtown Fort Worth (pictured below) and the Texas Christian University are within the ninth district and will be governed by Burns.

Burns, who will be sworn in early in 2008 was supported by the Gay and Lesbian Victory Fund.

'It was enormously important to have the endorsement of the Victory Fund,' Burns said. 'They understand what it takes to win, and they help you do that.'

Chuck Wolfe, president of the Gay and Lesbian Victory Fund, called Burns's win a 'sweet victory.'

Happy New Year Burns...

Source: The Advocate (2007) Fort Worth Elects First Out Official; available online at www.gay.com

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Defining Oak Lawn's Boundaries

By Jeff Adolph

Gayborhood Boundaries

David Webb (pictured left) of The Dallas Voice recently wrote an article that was extremely interesting.

Webb writes: I didn't realize that Oak Lawn's geographical boundaries were becoming blurred and in danger of disappearing until I read a story in The Dallas Morning News, Dec. 1 edition, about the city's gayborhood dissolving.

What surprised Webb the most about the story was that writer, David Flick's, mentioned that The Dallas Voice a community newspaper was situated outside of the so-called community it served.

As Webb writes: Clearly, the writer was of the opinion we had moved out of Oak lawn and out of the 'gayborhood.'

Webb states that The Dallas Voice  began in Oak lawn, and has never left the 15-square-mile area.

Oak Lawn defined by Dallas City Ordinance 21859 is bounded by Woodall Rogers Freeway; Central Expressway; Highland Park; Inwood Road and Harry Hines Boulevard.

Though when Webb informed Flick of his oversight, Webb was told that The Dallas Voice was considered to be in Uptown, not Oak Lawn.

'No-one considers anything east of Turtle Creek Boulevard to be Oak Lawn,' said Flick in an e-mail.

In a later e-mail Flick also said, 'However much longtime residents may dislike it , most people these days do not think of Oak lawn as going up to Monticello. If you don't believe me, stop people at the corner of McKinney and Lemmon Avenue [east or west, your choice] and ask them if they're standing in Oak Lawn or Uptown.

This perplexed Webb further as he began to realize that people may not even truly know where they actually resided to.

Uptown, like Maple Springs; Knox Park and Turtle Creek is a neighborhood that falls into the Oak Lawn area.

Michael Miliken, president of the Oak Lawn Committee, which reviews city development projects in order to protect the region's heritage, was also concerned by the turn-of-events.

'It's always been Oak Lawn, and it always will be until they change the Ordinance defining the Oak lawn property development district,' Miliken said. 'That's what the Oak Lawn Committee believes is the official definition of what Oak Lawn is.'

Miliken felt business had encouraged the use of Uptown as defining a certain area because it had a higher impact on sales.

'It's strictly for money because it is more prestigious to say, Uptown than it is to say Oak lawn,' Miliken said. 'It's strictly for business.'

Source: Webb, D (2007) Oak lawn's Boundaries Disappearing; available online at www.pegasusnews.com

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Flying Doctors of Mercy

By Jeff Adolph

Special Interest

Philanthropist and Dallas pilot, Mel Rushton gladly donates his time to LIGA, a registeredmMexican charitable organization that comprises of American, Canadian and Mexican members and aids the San Jose del Cabo community in Mexico.

Rushton, who owns an aircraft, fly's Dallas medical professionals, construction workers and interpreters to the rural town in Northern Mexico as part of 'The Flying Doctors of Mercy' mission operated by LIGA out of Southern California.

Rushton who has led two trips will continue his mission even-though the 1,600 mile, six-hour round trip costs him approximately $3,000 each time.

'It's expensive to own a plane,' Rushton said. Rushton has also flown to Africa and delivered medical supplies. 'We are fortunate to be in a position to own one. I think it's really important to give back.'

Dallas real estate agent, John Gonzales, who has joined Rushton on his first two trips as an interpreter said the experience was ''invaluably rewarding.'

'We get so busy caught up in our own lives it's easy to forget, how other people live in other places,' Gonzales said. 'It's one of those things were you get so much more than you put into it.'

Gonzales and Rushton are continually seeking others who may be interested in joining their ranks, especially aircraft pilots/owners.

For more information on LIGA please visit liaginternational.org

Source: Webb, D (2007) Dallas Pilot Flying Doctors of Mercy; available online at www.pegasusnews.com

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Tarrant County Closer to having First Gay Official

By Jeff Adolph

LGBT Politics

Leading vote-getter, Joel Burns, an openly gay real estate agent and city zoning official looks set to take the District 9 seat on the Fort Worth District Council.

Of the six candidates in the race, Burns took first with a 37.5 percent. He was followed by Juan Rangel, who came 2nd with 23.4 percent. Burns evidentially captured 1,608 votes to Rangel's 1,006.

December the 11th will see the runoff.

Burns said of his victory, 'It was a great result. I was very excited to come in not only first but so far ahead of all the other people.'

Source: Wright, John (2007) Burns heads to Runoff in Fort Worth; available online at http://www.dallasvoice.com

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