Nevada Looks to Reduce Shadow Inventory by Purchasing $150M in Delinquent Mortgages
Citing the overhang of distressed homes as a major stumbling block to recovery, a Nevada official is proposing a new program for reducing it. According to the Associated Press, Bruce Breslow, Director of Nevada’s Department of Business and Industry, wants to use federal and other funds to purchase about $150 million in delinquent mortgages and […]
Facing record taxes,rich Californians consider moving to cheaper pastures
Are rich Californians ready to trade their sun-soaked beaches for cow pastures or move their corporations from bustling, cosmopolitan cities to wide-open spaces all in the name of saving money? That’s what lots of politicians and businesspeople in states with no income tax including Texas, Nevada, Florida and Washington are hoping now that California’s wealthiest […]
Questions to Ask Moving Companies
Moving Tips Do you work for the mover or are you a broker? Broker’s play an important role in helping customers match up with moving companies. Keep in mind, however, that a broker cannot give you a binding estimate and a broker is not responsible for loss or damage. Do you give binding quotes? Over […]
Major Price Reduction! 920 Incline Way – $375,000
There was a major price drop on one of the Lakeshore Realty listings. The price on our 920 Incline Way, commercial listing dropped to $375,000 from $750,000. Here are some details about this property: 920 Incline Way Price: $375,000 Incline Way Financial Center Year Built: 1981 Sq. Ft.: 4504 A rare opportunity to own 5 […]
Housing Sentiment Reflects Increasing Comfort with Economy, Housing Market
The majority of data from the January Fannie Mae National Housing Survey released today indicates that Americans are increasingly confident in the trajectory of both the economy and the housing market. The percent of survey respondents who think it is a good time to sell a home continued to climb; reaching 23 percent last month […]
North Lake Tahoe Real Estate Sales January 2013 Comparison
North Lake Tahoe Real Estate Sales January 2013 Comparison For Residential Homes the Median Sales price almost doubled in January 2013 compared to the same period of 2012. The Price Differential index also shows us that homes are being sold closer to the sellers asking price compared to the previous years. Residential Home Sales Report Click […]
FHA Has Announced Several Changes!
Mortgages for homebuyers with low down payments are about to become more expensive – again. And this time, borrowers will get stuck with the higher fee for the life of their loans. The Federal Housing Administration has announced several changes to FHA loans, including increasing the mortgage insurance premium fee that is added to the […]