The Pentagon Federal Credit Union Foundation is offering down payment and closing cost assistance to first time buyers who are currently active duty military personnel, veterans, retired military, Department of Defense employees, or employees of the Department of Homeland Security. The grant is being offered under the non-profits…

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According to a survey performed by Bankrate, we have seen a significant increase to closing costs associated with mortgage originations. On a nationwide average, closing costs have increase 8.8% over the last year. This increase has primarily been attributed to the increased work lenders have to perform in order to approve a mortgage application under the ever tightening lending regulations.

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According to preliminary data from Costar, there have been a growing number of investors who have been purchasing property in the U.S. hotel and hospitality sectors.

Being luxury expenditures for most consumers, the Hotel and Hospitality was among the worst hit segments of the commercial market during our recession. As a result, the majority of buyers jumping into these types of acquisitions are finding it easy to find distressed assets in core…

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Pike Research, a market research and consulting firm whose focus is on clean technology recently released a new report focusing on Energy Efficient Homes. The report estimates that between now and 2014, homeowners will begin increasing their spending on energy efficient improvements. By 2014, it is expected to increase to…

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Seller financing can offer many benefits in today’s market for a seller. It offers a way for an equity seller to stand out from the competition. For one, since the majority of buyers who need seller financing can’t qualify for a traditional loan, they are normally willing to accept an interest rate well above conventional rates in order to complete the…

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Over the summer, the Civilian Property Realignment Act was approved which calls for the creations of a commission that will identify excess federal properties that will be put up for sale. The goal of the bill is to help lower the national deficit and reach a total savings of $3 Billion by the end of 2012, by liquidating these unneeded properties. While pushing for this bill, President Obama and the White…

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A recent analysis of U.S. Census data performed by the Pew Research Center has indicated that the gap in wealth between whites and various minority groups has increased to record levels as a result of our housing crash. This is primarily due to the fact that before the housing crash the accumulated wealth of minorities was primarily attributed to their home equity, while…

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More and more companies are looking for ways to expand their business. As a result, we’ve started to see an increase in Commercial Leaseback transactions. In this type of a transaction, a company sells the real estate it currently occupies and then leases the space from the new owner.

An investor in today’s market can find themselves in a long term leaseback transaction which will be brining a positive annual cash flow of 7% or…

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September was a big month for home sales in Tahoe Donner. 28 homes sold! The highest priced home sold for $1,040,000 and the lowest priced home sold for $345K. The average home sale price was $536,937 and the median home sale price was $478,500. The average days on market was just 52 days.

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We are continuing to see quite a bit of activity with Tahoe Donner home sales. 18 homes sold last month! The most expensive home sold for $865K and the least expensive home sold for $250K. The average home sale price was $552,555 and the median home sale price was $579,500. The homes were on the market an average of 38…

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