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Rates are up, prices are down, time to get off the fence Many prospec- tive homebuyers have found themselves on the fence about buying a new home, and with the state of the market over the last two years, who can blame them? However, rates are rising, prices are drop- ping and it's time to get off the fence. The rise from the historically low mortgage rates of 2022 to an average of 7.32% for a 30-year loan may feel like a deter- rent to some new-home shoppers. However, it's important to remem- ber that an increase in interest rates typically means a decrease in prices, and experts urge potential buyers to strike while the iron is hot. Though the market is cooling a bit due to this recent rise in rates, experts warn that it won't last long. This is thanks to a combination of inventory shortages and the Fed's promise that interest rates will be back down later this year. As inflation begins to regulate, interest rates will follow suit bringing back sky-high prices and a frenzy of new buyers. Which is why this hometown builder is on a mission to help homebuyers get off the fence and realize their dreams of home- ownership. Cash in on low prices now and refi later when rates go down! Prospective home- owners who are ready to get off the fence and purchase a high-quality home without the wait won't have to worry about being affected by inventory shortages here in Northern Nevada. Jenuane has a beautiful selection of move-in- ready homes. Quick- delivery homes allow buyers all the benefits of new construction in a hurry. Because Jenuane is committed to helping Northern Nevada fami- lies realize their dreams of homeownership, they're offering exclusive savings programs. These programs offer home shoppers who have previ- ously been priced out of the market a second chance at competi- tive pricing. Buying a new home means your monthly payment won't rise, and unlike renting, you'll begin to grow your investment through home equity. In addition to stable monthly payments, a new home means setting yourself up for long-term investment. With a reputation for impeccable customer service and a crew that thrives on meeting their client's needs, Jenuane was voted Reno's No. 1 homebuilder for two years in a row. To create the most seamless customer experience possible, their team provides its buyers with a personal concierge team, available seven days a week to guide them every step of the way. In partnership with another at-your- service-team, Guild Mortgage, they are able to allow buyer flexibility in creating a monthly payment that fits their lifestyle and budget. Locking in your rate with Guild guarantees your rate for the term of your loan. However, if rates go down before closing, buyers are entitled to a one-time float down to a lower rate. Guild's experienced loan officers work with buyers to offer promotional rates on 30-year fixed mortgages, FHA loans and adjustable-rate mortgages like the 5/1 ARM. Content provided by Jenuane Communities Reno's No. 1 homebuilder and their at-your-service team showcase their beautiful, spacious, and competitively priced new-construction communities in Northern Nevada. upcoming new-home communities through- out Northern California has its own distinctive character and are set in the most sought-after locations. These locations include Martinez, Oakley, Antioch, Pittsburg, Oakland, Fairfield, Vacaville, Chico, Napa and West Sacramento. Their sensitive approach to design results in homes that are practical yet possess a timeless elegance. Room and design options in each home allow homebuy- ers to customize their home so it is tailored to fit their family's partic- ular needs. Through the years, homebuyers have maintained a pride of ownership in each Discovery and Seeno Homes neighborhood that is unparalleled in the industry. In order to make the entire home- buying process a simple and pleasant experience, Discovery and Seeno Homes offer lender services on-site at the communities, as well as the Discovery Design Center, where buyers choose their interior design selections they have always dreamed of. With these partner- ships, Discovery Homes and Seeno Homes are proud to make one-stop shopping a reality. As for customer service, they strive to make your homebuying experience simple, efficient and enjoy- able because Discovery and Seeno Homes are motivated by the sincere desire to enhance the lives of homebuyers, and to create a place you are proud to call home. Visit a Discovery or Seeno Homes community today where you can experi- ence for yourself how eight decades of quality craftsmanship allows you to discover the best in life. Learn more about The Estates at Newport at 2836 Elderberry Street off Village Parkway in West Sacramento or call (888) 41-HOMES, email estatesatnewport@ discoveryhomes.com or go to seenohomes.com. Content provided by Seeno Homes style reminiscent of the city's iconic archi- tecture, Ascend effort- lessly blends yesterday's charm with today's modern amenities. The neighborhood's three- story, all-electric, solar- powered townhomes present spacious floor plans ranging from 1,338 to 1,840 square feet with up to four bedrooms. Residents will enjoy a multitude of amenities, including a park, bocce ball courts, Adventureland play area and a community garden. Now selling in Santa Rosa, Round Barn is one of Sonoma County's most stunning townhome communi- ties, surrounded by vineyards and fields in the historic district of Fountaingrove. Spacious three-story townhomes span 1,746 to 1,912 square feet with three to four bedrooms and up to three-and-a-half bathrooms — which translates to plenty of space to entertain and relax in style. Commu- nity amenities focus on fitness, fresh air and fun: Residents will have access to a pool, cabanas, garden, playground and parks. Coming soon to Santa Rosa is Grove Village, a new neigh- borhood of two-story detached homes offer- ing six spacious floor plans ranging from 1,806 to 2,474 square feet with three to five bedrooms and up to three bathrooms. Versa- tile options include a downstairs bedroom suite, a home office and Grove Village's most sought-after feature, its signature Santa Rosa Room, epitomizing the idyllic California lifestyle. Sizable lots offer plenty of backyard space — perfect for entertaining, garden- ing and relaxing with a good book. Ideally set just minutes from the heart of downtown Santa Rosa in the hills of the Russian River Valley, Grove Village offers a unique mix of location and archi- tecture that makes it stand apart from other communities. Cherry Blossom Row is City Ventures' newest neighborhood to join the Bay Area scene. A beauti- ful community of three- story townhomes, Cherry Blossom Row is nestled within a prime location of the East Bay in Rich- mond — an energetic hub surrounded by top dining, shopping, enter- tainment and outdoor attractions. Spacious floor plans range from 1,318 to 2,118 square feet, complete with up to four bedrooms and four bathrooms. Get a peek of everyday life at these vibrant City Ventures communities via #ThatCVLife on Instagram — and give @ city_ventures a follow while you're there. On Facebook, visit them at @CityVentures. Learn more at https:// cityventuresnorcal.com/. Content provided by City Ventures Mosaic collection, with four distinctive single- story designs that range from approximately 1,504 to 1,784 square feet. Heritage El Dorado Hills also features two recreation centers, The Resort and The Retreat, offering residents 15,000 square feet of amenities such as club rooms, tennis, pickle and bocce ball courts, multiple swimming pools, entertainment areas, outdoor fire pits and more. Lennar Sacramento offers their Thoughtful Design program at all Heritage communities to meet the needs of today's active adults. Created with chang- ing lifestyle needs in mind, Thoughtful Design consists of a series of interior and exterior details that blend comfort, style and promote functionality. Some of these distinctive features include illuminated addresses, wider door- ways and hallways, higher ceilings, spacious kitchen and lower appli- ance designs, extra light- ing and windows for enhanced light, showers with roll-in access and hand-held accessories, reinforced backing in the bathrooms for future handrail placement, raised electrical outlets and so much more! Additionally — every Lennar home, active adult or not — also enjoys a high level of standard features at no additional cost with the signature Everything's Included program. Notable items include quartz or granite countertops, stainless steel appliances, whole- home Wi-Fi, a Ring security kit and more. To learn more, visit www.lennar.com/ sacramento today. Content provided by Lennar Sacramento Lennar Sac from page 6 West Sac from page 4 City Ventures from page 7 S8 BAY AREA NEWS GROUP 001 Advertising Section SUNDAY, MARCH 5, 2023