August Strongest Month of 2017 and Second Largest Ever for Region
During the month of August, the real estate market bucked its previous malaise by posting nearly 200 residential transactions, making it easily the strongest month of 2017 and the second largest ever for the region by transaction volume, according to Tahoe Mountain Realty.
Having trailed the preceding year by 3 percent to 8 percent until then, by mid-summer the sales numbers appeared to indicate a regional slowdown after a strong six years of steady climbing. Instead, volume leapt to a pace of 6 percent greater than the same month in 2016, and 43 percent greater than in July this year, the report said.
Ron Hemig and Kristine Mitchell Join Sierra Sotheby’s
Sierra Sotheby’s International Realty announced the addition of commercial and residential development real estate broker Ron Hemig to its team. Hemig is joined by his business partner, Kristine Mitchell of Incline Village, and together they offer more than 50 years of real estate experience. Hemig announced his departure from Dickson Realty on Aug. 4 — where he was co-owner for six years and served as real estate broker for Truckee’s Sierra Bluffs, Pine Forest, and Pinyon Creek. Collectively Hemig and Mitchell secured the listing for the Coldstream project in Truckee and the Serenity property at Lake Almanor, Calif. Hemig’s commercial efforts began on the development side, where he participated in the approval process for numerous Truckee residential and mixed-use subdivisions, ultimately brokering several of them. Info: firstname.lastname@example.org, email@example.com
Rosie’s Owner Buys Housing for Employees
Karl Motsenbocker, the owner of Rosie’s Café, says he bought a house within walking distance of his restaurant so he could offer housing to potential employees. “I have owned Rosie’s for 28 years and [the current housing shortage] is the worst I have ever seen,” Motsenbocker said. The four-bedroom home is being offered to his employees to rent with all utilities included. Motsenbocker added that his ability to offer housing significantly helped him with the hiring process this summer, but Rosie’s is still looking for employees, especially for breakfast kitchen staff. Info: (530) 583-8504 ~AG
New Documents Explain Electric Rates to Customers
Liberty Utilities said it wants to help customers understand the world of electric rates and billing statements, and it has developed several documents to do just that.
“Customers continually tell us that they don’t fully understand how electric rates are determined, and specifically how they can read their bills,” said Paulette Sproul, Liberty Utilities director of customer care. “We want to explain this as fully and transparently as possible to our customers, so we developed several tools to help with this.” She said the document answers questions like “How are my rates determined?” “What is my rate class?”
“How do I know what rate class I am in?” “How am I charged?” and “How is my bill calculated?” Info: libertyutilities.com
Go Green Financing and Residential Energy Efficiency Loan Program
The Sierra Business Center is offering two programs to help residents and business owners achieve energy savings. Go Green Financing is a state-sponsored website designed to help consumers find the best financing options available for their energy projects. Consumers can use a finance concierge to narrow financing options based on their project and financing criteria, browse all financing options available using the find financing tool, and learn how to differentiate between financing product types. Consumers can also compare products, research financial institutions, contact lenders, and apply for financing.