Posts tagged George Hancock
George Hancock received his real estate license 50 years ago and how things have changed. Today when someone wants to see what’s available they turn on a computer to view all the listings, but in the 1960’s they would issue a book every six months that had everything that may or may not still be available. According to George, the average price of a house was around $12,000 and you could purchase one of the beautiful homes on Sheridan Blvd for around $16,800. The average annual income was about $4,000, which was more than enough for a bachelor to live on. Lincoln’s population was around 129,000 and it covered 31 square miles, today it covers 85 square miles.
Back when he started in real estate there were only about 30 or 40 REALTORS® in Lincoln, only 4 of which were women. Today there are around 800 members. Property Management did not exist fifty years ago, it was all done by the owners themselves or by banks.
George has seen a lot of changes in Lincoln since he began his career in June 1961 and still finds it fun. He is always a great source of information on both historical and current real estate matters. Congratulations George!
DuTeau Chevrolet has recently purchased land located near S. 28th Street and Jamie Lane (just east of Las Margaritas) with plans to move their Subaru division to this site. Timing for the move hasn’t been determined. George Hancock represented DuTeau Chevrolet and Richard Meginnis and Sally DeLair represented the separate owners on the two parcels DuTeau purchased.