homebuying

Greater Nevada Mortgage, a subsidiary of Greater Nevada Credit Union, enabled 35 first-time homebuyers to pursue homeownership by facilitating grants through the Federal Home Loan Bank of San Francisco’s Middle-Income Down Payment Assistance program.

There will be a free home buying class offered this Saturday at Western Nevada College in Carson City. Open to all, visit with local realtors, loan officer, credit specialist, title and escrow, home warranty and insurance agents. You will get all your questions answered.

This Saturday, northern Nevadans can learn what it takes to become a homeowner as the Nevada Rural Housing Authority will host a seminar that gives potential home buyers the tools needed to navigate the buying process.

The entrance of companies like Tesla and Switch into Nevada means great things for the local economy. What they also mean are raising housing prices, as more and more people move into the Silver State, creating a housing shortage. This is good news for existing homeowners, but concerning for first-time homebuyers.

According to the Reno Gazette-Journal, “In January 2012, the median price for a home in northern Nevada was around $135,000. More than two and a half years later, home values have jumped by about 85 percent.”