DALTX Real EstateDALTX Real EstateDALTX Real Estate
  • Home
  • Guest Post
  • Agents
  • Contact Us
  • About
  • Advertise With Us
Reading: How Will Gay Marriage Equality Affect the Dallas Real Estate Market? Or Any Real Estate Market?
Share
Font ResizerAa
DALTX Real EstateDALTX Real Estate
Font ResizerAa
  • Home
  • Guest Post
  • Agents
  • Contact Us
  • About
  • Advertise With Us
  • Home
  • Guest Post
  • Agents
  • Contact Us
  • About
  • Advertise With Us
Follow US
© DALTX. All Rights Reserved.
DALTX Real Estate > Blog > How Will Gay Marriage Equality Affect the Dallas Real Estate Market? Or Any Real Estate Market?
Blog

How Will Gay Marriage Equality Affect the Dallas Real Estate Market? Or Any Real Estate Market?

3 Min Read
SHARE

1Hotel-Miami-Beach-pool

I had the pleasure of being in Miami, and Miami Beach, the weekend of an historic Supreme Court ruling that finally affords LGBT the same legal rights as “traditional couples” when it comes to marriage. And Jack and George finally tied the knot! Does this mean we could see an uptick in home sales as more couples get hitched and buy a place together?

(Or have LGBT couples already been doing just that forever?)

Thirteen states in the U.S., including our’s, banned same-sex marriage, and Friday’s court ruling means these bans are unconstitutional. Of course, that doesn’t stop Ted Cruz from his opine. And Lord knows what Ken Paxton will opine.

By the way, those those states are:

  • Arkansas
  • Georgia
  • Kentucky
  • Louisiana
  • Michigan
  • Mississippi
  • Missouri
  • Nebraska
  • North Dakota
  • Ohio
  • South Dakota
  • Tennessee
  • Texas

Of these, Texas, Tennessee (Nashville) and Georgia have the hottest markets.

Brad Inman thinks the new ruling could inspire more home sales — “My take: When discrimination of a class of people is lifted, that group goes mainstream and more of them become homeowners. Stretch? Other connections?”

Certainly when it no longer was a stigma for women to remain single, they started buying homes, because they could obtain mortgages.

Inman lists five things that could happen:

1.  Greater financial stability for LGBT which could make them apply for and obtain mortgages. As LGBTs are more accepted in society, they could be more willing to put down roots and buy a home. But then, LGBT’s have traditionally been strong on home ownership. Who DOESN’T believe in the GAYBORHOOD test? If gays buy property in a blighted area, gentrification usually follows.

2. Can Realtors handle the onslaught? After all, inventory is at an all-time low…

3. Could this mean more LGBT couples buying and moving to the suburbs, where the schools are better for the kids?bob-lee-cant-stand_l

4. Could this create a problem for, say, ultra conservative sellers when an LGBT couple brings an offer on a home?

5. Could this boost an uptick in the vacation home market as LGBT’s press for more home ownership? After all, without children, they may be the most mobile real estate consumers out there…

Looking to Downsize? Study Shows D-FW Creates Positive Choices
Quest for The Best in D-FW: Tell Us Who is The Best Home Builder, Designer, Architect, And More
Realtor Says Frisco Woman Accused of Killing Her Son Had Contacted Her About Seeing a House
Golfing Legend Justin Leonard Lists Highland Park Property for $15,995,000
Briggs Freeman Tapped to Market Mandarin Oriental Residences at Grand Cayman
TAGGED:AgentsBroker NewsReal Estate Lifestyle
Share This Article
Facebook Email Copy Link Print
Previous Article On Second Shelters: Cape Cod Charisma
Next Article It’s the Student Debt, Stupid: Quickie Recap of NAREE15 – Changes in the Way We Buy, Sell & Consume Real Estate
Popular News
David Griffin and Company

You’ve Never Seen Anything Like This Eclectic Styled Ranch Near White Rock Lake

Shots Fired: Dallas Mayor Rips City Manager T.C. Broadnax Over Bond Task Force Recommendations
Friday Four Hundred: The Absolute Perfect Tudor is on Monticello. See For Yourself!
Two Factors Make Condos Attractive Now in D-FW, Plus Other Reports
Stevens Park Estates Colonial Comes With a Backyard Oasis
about us

DaltxRealEstate.com is the largest real estate blog and the only one in North Texas.

Links

  • Privacy Policy
  • Terms of Service
  • Contact Us
  • Paid Guest Post Submission
  • Real Estate Glossary

Categories

  • Commercial Real Estate
  • Home Inspection
  • East Dallas
  • Monday Morning Millionaire

Get Involved

  • Advertise With Us
  • Write for Us: Submit Guest Post

Find Us on Socials

© DALTX. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?