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Selling Reno Nevada Real Estate
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Monthly Archives: January 2019

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2008 vs. Now: Are Owners Using Their Homes as ATMs Again?

Reno Area NewsBy Carter GeerJanuary 21, 2019

Over the last six years, we have experienced strong price appreciation which has increased home equity levels dramatically. As the number of “cash-out” refinances begins to approach numbers last seen during the crash, some are afraid that we may be repeating last decade’s mistake. However, a closer look at the numbers shows that homeowners are…

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