According to the ‘2019 Home Buyer Report’ conducted by Nerdwallet, many first-time buyers still believe they need a 20% down payment to buy a home in today’s market: “More than 6 in 10 (62%) Americans believe you must put at least 20% down in order to purchase a home.” When potential homebuyers think they need a 20% down payment to enter the market, they also tend to think Continue Reading
Your Fall Home Maintenance Checklist
Article Written By: Laura Gaskill at Forbes Fall is a good time to take care of big home repair projects before shorter days (and in many areas, ice and snow) make outdoor work too difficult. And if you do live in an area with cold winters, take some time this fall to boost energy efficiency throughout your home, and prevent damage from winter storms with proper tree care (we spoke with an Continue Reading
Placer seeks input on vacation rental ordinance
Article Written By: Sierra Sun A new proposal for short-term rental rules in unincorporated Placer County will be the focus of two community workshops this month. Included in the proposal are county standards for noise, parking, waste collection and occupancy limits, enforcement protocols, and a requirement for residences to obtain a permit in order to operate as a short-term rental. Placer Continue Reading
Truckee project promoting ‘locals-only’ housing, but is it too expensive for locals ?
Article Written By: Hannah Jones at Sierra Sun While a new 138-unit locals-only housing project in Truckee has generated excitement over new housing opportunities, several area residents are wondering how locals can afford what they see as high costs of rent. The Coburn Crossing apartments, part of the mixed-use project at 10470 East Jibboom St., will offer studios and one-, two- and Continue Reading
Millennial Buying Power Poised to Boost Homeownership
In a recent article by Realtor Magazine, Mark Fleming, Chief Economist of First American Financial Corporation, notes, “The largest group of millennials by birth year will turn 30 in 2020, which puts them entering their prime homebuying years”. The article continues to describe how millennials have more buying-power than the generations that preceded them, making their interest in embracing Continue Reading
Home Prices Increase in Every Price Range
CoreLogic’s Home Price Index (HPI) Report revealed, “National home prices increased 3.6% year over year in July 2019 and are forecast to increase 5.4% from July 2019 to July 2020.” They also analyzed four individual home-price tiers, showing the increase in each. Here’s the breakdown: To clarify the methodology, CoreLogic explains, “The four price tiers are based on the median sale price and Continue Reading
