Article Written By: Hannah Jones Workforce housing may be coming to downtown Truckee, as developers have submitted an official application to the town. The project, at 10002 Jibboom Street, has mainly been used for public parking in the past. “We want locals building local housing,” said Sean Whelan, a Truckee resident who is developing the project with his partner Kevin Meet Our Team
Real Estate News
Top 5 Reasons You Should NOT FSBO
Rising home prices coupled with a lack of inventory in today’s market may cause some homeowners to consider selling their home on their own (known in the industry as a For Sale By Owner). However, a FSBO might not be a good idea for the vast majority of sellers. The top 5 reasons are listed below: 1. Online Strategy for Prospective Purchasers Recent studies have shown that 95% of buyers Meet Our Team
Is Mortgage Debt out of Control?
The housing crisis of the last decade was partially caused by unhealthy levels of mortgage debt. Homeowners were using their homes as ATMs by refinancing and swapping their equity for cash. When prices started to fall, many homeowners found themselves in a negative equity situation (where their mortgage was higher than the value of their home). As a result, they walked away. This caused prices Meet Our Team
Americans Rank Real Estate Best Investment for 6 Years Running!
Some Highlights: -Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 6 years. -Stock owners are more positive about real estate than stocks as an investment. -Of the 4 listed, real estate is the only investment you can also live in! Need a real Meet Our Team
Weekly Rate Update from Nicole Francis – 6/28/19
Conforming and Jumbo rates are based off a 20% down payment. Conforming rates based on $300,000 loan amount and 1% discount point. Jumbo Rates based on $500,000 loan amount and 1% discount point. Rates are for a purchase and 30 day rate lock. If you need to get pre-qualified or have any financing questions feel free to contact Nicole Francis and Errol Belden at: (800) Meet Our Team
Having a Professional on Your Side Makes All the Difference!
In today’s fast-paced world where answers are a Google search away, there are some who may wonder what the benefits of hiring a real estate professional to help them in their home search are. The truth is, the addition of more information causes more confusion. Shows like Property Brothers, Fixer Upper, and dozens more on HGTV have given many a false sense of what Meet Our Team
