Walls raised in Rathdrum for new First Story home
CAROLYN BOSTICK | Hagadone News Network | UPDATED 7 months, 2 weeks AGO
Carolyn Bostick has worked for the Coeur d’Alene Press since June 2023. She covers Shoshone County and Coeur d'Alene. Carolyn previously worked in Utica, New York at the Observer-Dispatch for almost seven years before briefly working at The Inquirer and Mirror in Nantucket, Massachusetts. Since she moved to the Pacific Northwest from upstate New York in 2021, she's performed with the Spokane Shakespeare Society for three summers. | June 6, 2024 1:07 AM
RATHDRUM — Drawing on the walls wasn’t frowned upon Wednesday as Xena Reeser drew a cat she named Frankie on her new home.
The Reeser family and representatives from Hayden Homes and First Story gathered Wednesday for a wall-raising ceremony as construction continued on the house.
Sarah Reeser found out in March she would become a homeowner thanks to First Story, a regional homebuying nonprofit.
Reeser, who has two daughters, works as a welder/fabricator at Bay Shore Systems. She applied after being outpriced by the rising costs of the housing market during her search over the last three years.
“We’ve just been waiting for this. I’m investing in myself and my family,” Reeser said.
First Story executive director Claire Duncan officiated games for the assembly from Hayden Homes and First Story to participate in, including a treasure hunt.
Hayden Homes chairman Hayden Watson said the family’s realization that their home is actually a reality is his favorite part of the building process.
“When you see the soon-to-be homeowner and their family, it never gets old,” Watson said.
First Story began its search in Kootenai County to find a family in January. This is the fourth home in North Idaho the nonprofit has purchased.
When Reeser had first started to take stock of the high housing market pricing in the area, she persisted.
“I always thought if I bucked up, I could get a home,” Reeser said, adding that “it had to be a unicorn” of a house to match her family’s needs and what she could afford.
With housing prices increasing by 40-50% since the start of the pandemic, the nonprofit coaches homebuyers through the process and works with local builders such as Hayden Homes to keep costs manageable and shave off extra fees.
The homebuying agreement includes a 30-year, no interest and no money down loan. New appliances are also included in new First Story homes.
“It was very cool, and it was an experience I don’t think we’ll ever forget,” Reeser said.
The Reesers hope to settle into their new home this fall.
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