With all of the shifts we have seen in the last several years in the housing market it is hard to keep up with the trends, let alone make predictions where the market will be in another 5 years. One trend however that has gained momentum and will not be going away anytime soon is Shared or Fractional Ownership properties. With housing prices rising rapidly and a lack of inventory, Shared Continue Reading
The Benefits of Fractional or Shared Ownership
What is Shared Ownership A Shared Ownership arrangement (also know a Fractional Ownership) is a method of co-ownership of a property (home, condo, boat, etc.). Several families, or people, can share the ownership, in an LLC partnership or as deeded Tenants in Common. The use and the cost of the property is shared equally. Most shared ownerships, whether a LLC or Tenants in Common, have an Continue Reading
Short Term Rental Ordinance
On January 25, 2022, the Placer County Board of Supervisors introduced an ordinance to repeal and replace the existing short-term rental ordinance, Chapter 9, Article 9.42 of the Placer County Code. The ordinance was adopted on February 8, 2022. The ordinance is intended to preserve residential neighborhood character and address community concerns regarding nuisances caused by STR Continue Reading
Rent vs. Buy: How to Decide What’s Best for You
According to the U.S. Census Bureau, median rent continues to rise. With today’s low mortgage rates, there’s great opportunity for current renters to make a move into homeownership that stretches each dollar a little bit further. While the best timeline to buy a home is different for everyone, the question remains: Should I continue renting or is it Continue Reading
