GayRealEstate USA

LGBT Zipcodes -- A Closer Look -- Vermont

By Jeff Adolph

Affordable Housing Bill

Montpelier, one of Vermont's gayest zipcodes, was the stage for a residential housing bill that will allow 'new development in appropriate places' and open 'up new housing opportunities for low-and maderate income' earners.

It took 15 officials much of Friday to come to an agreement on a housing bill that would be fitting for all.

As House Speaker Ms. Symington said, "We have taken the next stepto growth policies to encourage growth where communities have said they want it."

The bill will concentrate on urban hubs and impose Act 250 jurisdiction on the larger developments so that housing affordability on at least 20% of homes in " Vermont Nieghborhoods" are around the $250,00 mark or below to purchase.

The bill will also offer tax credits to those who invest affordable housing, which will further assist those who seek affordable housing.

Main Story Source: Hirschfeld, Peter (2008) Vermont Housing Bill Gets Approval at Statehouse; available online at www.timesargus.com

Picture Source: www.realestate.nytimes.com and www.princetonhomesearch.com

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Around the Nation -- Residential Real Estate Update - Vermont

ByJeff Adolph

State-by-state

Situated in the New England region of the U.S.A., this state is ranked as the 45th largest by area and the 49th by population with 608,827 people residing in this region.

This states economy relies heavily on government industry, real estate, durable goods, health care and social assistance, as well as retail trade, finance and insurance, construction, wholesale trade, mining and management companies.

Income in this state ranges between 3.6-9.5%, and there is a sales tax of 6%. Property is taxed for the support of education and municipal services.

Burlington

2008 represents a good year to buy and Burlington provides excellent value with a wide range of homes available. There are currently 50-100 homes for sale in this area with an average price of $381,325 and real estate is typically taking 112 days to sell.  Whereas, the median price for condos is hovering around the $302,000 mark and they are typically taking 154 days to sell.

LGBT Real Estate Facts: There are approximately 1,933 same-sex couples residing in Vermont making this region the 45th gayest state in America. The gayest zip codes in this locality are 05401 Burlington; 05301, 05403 Brattlebro; 05446 Colchester; 05602 Montpelier; and 05701 Rutland. -- 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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Have Your Say On the LGBT Political Front - August 19th 2007

By Jeff Adolph

LGBT Politics

In a national first, the Democrats are challenging the Republicans by staging a debate that is dedicated to the LGBT community and will answer many of the issues facing Lesbians, Gays, Bi-sexual's and the Transgendered across the nation.

The leading candidates for the Democratic  nomination for presidency will actively involve themselves in this debate on August the 9th, which is being telecast by LOGO, a gay cable network. Alternatively, you may view proceedings on http://www.logoonline.com/ if you are unable to access the network.

Participants in the debate will include Hilary Clinton, Barack Obama and John Edwards (pictured above), with the moderators being singer Melissa Etheridge and Joe Solmonese, Human Rights Campaign's president.

If you would like to actively participate by lodging questions for the candidates to answer you may do so by logging on to LOGOonline.com as well as on HRC.org.

Source: Demorcrats to Hold Gay Debate (2007) available online at www.wweek.com

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1st. Home Buying Now Could Be Favorable.

By Jeff Adolph

Better Buying Options

After the five year housing boom many couples are considering buying their 1st home now, while interest rates are good, housing prices are competitive and there are many sellers vying for the buyers attention. While some younger home buyers have been fortunate enough to have accumulated enough savings for the down-payment on a home, there are others who have not.

If you fall into the second category don't despair because there are definite alternatives that you can consider if you wish to break into the housing market, such as, starting out with a smaller home that falls within your budget, choosing a slightly different locality, or being creative and share buying with friends.

Share buying is becoming a popular option with home builders now building homes with two master bedrooms to cater for this growing trend, meaning that two couples can buy a home together initially and use their incomes to pay it off. This would mean each couple had a 50% interest in the home and could then use the equity in this house at a later date to buy another abode and then jointly pay this off. Both couples, could then enjoy home-ownership without worry and find they could afford bigger and better homes.

As Christopher Brown, director of a construction firm noted, 'the dual income of buying as friends gets that first step into the market. There's a lot of people who are current room-mates, been friends or kind of know how each-other lives.'

Plus, with so many foreclosures across the nation there are also many residences that are larger on offer at greatly reduced prices because banks do not want to hold onto the asset.

Scott Thompson, a real estate broker believes, 'that first home-buyers in the market today will go a long ways toward stabilizing the market.'

And, he just may be right, because the news on the real estate wind, nationally, is if you're a first home-buyer then the market at present could just possibly be presenting you with one of the best opportunities you may have to break into the housing market.

Source: Wasserman, J (2006) First-time Buyers Make it Happen: available online at http://www.sacbee.com/103/story/75062.html

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*Real Questions Real Answers*

How do feel about buying your first home?

Click on Comments below and share your view…

And, remember leaving your personal details is voluntary, these are not a requirement of posting comments!

-----------------------------------------------------------------

© 2006 Jeff Adolph GayRealEstate USA

By Jeff Adolph

Better Buying Options

After the five year housing boom many couples are considering buying their 1st home now, while interest rates are good, housing prices are competitive and there are many sellers vying for the buyers attention. While some younger home buyers have been fortunate enough to have accumulated enough savings for the down-payment on a home, there are others who have not.

If you fall into the second category don't despair because there are definite alternatives that you can consider if you wish to break into the housing market, such as, starting out with a smaller home that falls within your budget, choosing a slightly different locality, or being creative and share buying with friends.

Share buying is becoming a popular option with home builders now building homes with two master bedrooms to cater for this growing trend, meaning that two couples can buy a home together initially and use their incomes to pay it off. This would mean each couple had a 50% interest in the home and could then use the equity in this house at a later date to buy another abode and then jointly pay this off. Both couples, could then enjoy home-ownership without worry and find they could afford bigger and better homes.

As Christopher Brown, director of a construction firm noted, 'the dual income of buying as friends gets that first step into the market. There's a lot of people who are current room-mates, been friends or kind of know how each-other lives.'

Plus, with so many foreclosures across the nation there are also many residences that are larger on offer at greatly reduced prices because banks do not want to hold onto the asset.

Scott Thompson, a real estate broker believes, 'that first home-buyers in the market today will go a long ways toward stabilizing the market.'

And, he just may be right, because the news on the real estate wind, nationally, is if you're a first home-buyer then the market at present could just possibly be presenting you with one of the best opportunities you may have to break into the housing market.

Source: Wasserman, J (2006) First-time Buyers Make it Happen: available online at http://www.sacbee.com/103/story/75062.html

-----------------------------------------------------------------

*Real Questions Real Answers*

How do feel about buying your first home?

Click on Comments below and share your view…

And, remember leaving your personal details is voluntary, these are not a requirement of posting comments!

-----------------------------------------------------------------

© 2006 Jeff Adolph GayRealEstate USA

By Jeff Adolph

Better Buying Options

After the five year housing boom many couples are considering buying their 1st home now, while interest rates are good, housing prices are competitive and there are many sellers vying for the buyers attention. While some younger home buyers have been fortunate enough to have accumulated enough savings for the down-payment on a home, there are others who have not.

If you fall into the second category don't despair because there are definite alternatives that you can consider if you wish to break into the housing market, such as, starting out with a smaller home that falls within your budget, choosing a slightly different locality, or being creative and share buying with friends.

Share buying is becoming a popular option with home builders now building homes with two master bedrooms to cater for this growing trend, meaning that two couples can buy a home together initially and use their incomes to pay it off. This would mean each couple had a 50% interest in the home and could then use the equity in this house at a later date to buy another abode and then jointly pay this off. Both couples, could then enjoy home-ownership without worry and find they could afford bigger and better homes.

As Christopher Brown, director of a construction firm noted, 'the dual income of buying as friends gets that first step into the market. There's a lot of people who are current room-mates, been friends or kind of know how each-other lives.'

Plus, with so many foreclosures across the nation there are also many residences that are larger on offer at greatly reduced prices because banks do not want to hold onto the asset.

Scott Thompson, a real estate broker believes, 'that first home-buyers in the market today will go a long ways toward stabilizing the market.'

And, he just may be right, because the news on the real estate wind, nationally, is if you're a first home-buyer then the market at present could just possibly be presenting you with one of the best opportunities you may have to break into the housing market.

Source: Wasserman, J (2006) First-time Buyers Make it Happen: available online at http://www.sacbee.com/103/story/75062.html

*Real Questions Real Answers*

How do feel about buying your first home?

Click on Comments below and share your view…

And, remember leaving your personal details is voluntary, these are not a requirement of posting comments!

-----------------------------------------------------------------

© 2006 Jeff Adolph GayRealEstate USA