Study Looks At Differences In LGB & Straight Home Buyers

Couple looking for first home (stock photo)

As some readers may know, I’m a licensed Realtor here in Las Vegas.

So I was interested to see the  first-ever Profile of Lesbian, Gay and Bisexual Buyers and Sellers released by the National Association of Realtors.

Crunching the numbers from four years of data, the report shows some definite differences in how LGB folks feel about, and approach, homeownership compared to heterosexuals.

When it comes to first-time buyers:

• 58% of bisexual homebuyers surveyed indicated they were purchasing their first home

• 36% of gay and lesbian buyers said the purchase was their first

• 32% of heterosexuals indicated it was their first trip to the real estate rodeo

Bisexuals were the youngest homebuyers, stepping up to the plate at median age 36-years-old, but with the lowest median income of $62,400.

Gay and lesbian buyers were the oldest demo at a median age of 45-years-old, but a much higher median income of $92,900.

Heterosexuals tend to buy around age 44 and with a median income of $91,200.

Bisexuals leaned towards smaller homes (median square footage of 1,840) and showed a preference for small towns (22%).

Gays and lesbians were more likely to buy in large cities or urban centers (28%) and chose larger homes (median square footage of 1,900).

The straight crowd liked bigger and newer homes (median square footage of 2,060) with a majority (53%) preferring the suburbs.

The report utilized data from 22,521 respondents. Of those, 3 percent identified as gay or lesbian, while 1 percent indicated being bisexual.

Check out the info-graphic below. And for more detail, click over to the National Association of Realtors.

And if anyone ever has any questions about real estate, while I can’t list or sell homes outside of Nevada, I can offer professional advice on buying and/or selling your home. Reach out to me via my Real Estate Facebook page here.

GOP Congressman Dana Rohrabacher: It’s Ok To Refuse To Sell Homes To “Immoral” Gays

California Rep. Dana Rohrabacher
(image via Flickr/Gage Skidmore)

While engaged in one of the most competitive primaries of his political career, Republican Congressman Dana Rohrabacher of California has informed a key National Realtor group that homeowners should be able to refuse to sell their property to LGBTs.

Rohrabacher told an Orange County Association of Realtors meeting on May 16 in Washington, D.C., “Every homeowner should be able to make a decision not to sell their home to someone (if) they don’t agree with their lifestyle.”

The congressman doubled down on that sentiment telling reporters on Thursday that homeowners should have the right to “choose who they do business with.”

“We’ve drawn a line on racism, but I don’t think we should extend that line,” Rohrabacher said. “A homeowner should not be required to be in business with someone they think is doing something that is immoral.”

Rohrabacher’s comments came during a mid-year lobbying conference in Washington with the real estate professionals who asked him to support H.R. 1447, among other issues.

The legislation would expand the 1968 Fair Housing Act to include anti-discrimination protections based on a person’s sexual orientation and gender identity. The existing law already bans home sellers, landlords and lenders from discrimination based on a person’s race, color, religion, sex or national origin.

Jeff Berger, a Florida Realtor and founder of the National Association of Gay & Lesbian Real Estate Professionals wrote to the president of the National Association of Realtors asking Rohrbacher’s support be rescinded.

“When a supposed champion of the Realtor Party outright states that housing discrimination should be lawful, I hope you agree there should be cause for concern,” wrote Berger. “Ignoring the congressman’s comments belies the decades of serious work and progress NAR has made in the area of fair housing.”

Although Rohrabacher had previously been designated as a “Realtor Champion” by the NAR, the trade group has now withdrawn its recommendation that members support Rohrabacher based on his recent statements.

Equality California’s Executive Director Rick Zbur agrees: “Californians decided years ago that we don’t support housing discrimination — not based on race, not based on religion and not based on sexual orientation or gender identity.”

“And while Dana Rohrabacher may think it’s okay to discriminate against people because of who they are or whom they love, Orange County families don’t.” added Zbur.

Harley Rouda, a Democrat who was recently endorsed by Equality California in the race and is the son of a former Realtor association president, called Rohrabacher’s statements “outlandish and unacceptable,” saying everyone should have the same rights to buy and sell a home.”

Rohrabacher’s race is currently rated as a “Toss-Up” by the Cook Report.

(h/t Orange County Register)