Home Values

July 29, 2019

Home Price Appreciation Forecast

 

Questions continue to come up about where home prices will head throughout the rest of this year, as well as where they may be going over the few years beyond.

 

We’ve gathered current data from the industry’s most reliable sources to help answer these questions:

 

The Home ...

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Nov. 5, 2018

The Cost of Renting Vs. Buying

 

Owning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for the entirety of America’s existence.

 

Realtor.com reported that:

 

“Buying remains ...

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May 10, 2018

Zestimates

Do you flip through Zillow, watching homes and checking Zestimates? Do you sometimes wonder how one house estimates high when a similar home is much lower?  Zillow has changed the game when it comes to information. And that includes pricing. But, use caution when looking at Zillow to determine the ...

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Sept. 22, 2017

Boise Real Estate Market Update - August 2017

Boise Real Estate Market Update - August 2017

With Ada County’s increased economic development, limited housing supply, and growing population, it is no wonder August’s median sales price hit a record high of $278,000—up 9.6% from a year ago!   Despite these strong statistics, we are beginning to see  a cool down in the pace of ...

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Sept. 22, 2017

Growing Your Family's Wealth

Over the next five years, home prices are expected to appreciate 3.64% per year on average and to grow by 18.4% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. 

 

So, what does this mean for homeowners and their equity position? 

 

As ...

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Posted in Home Values
April 25, 2017

Are Interest Rates Affecting 2017 Home Values?

There is no doubt that historically low mortgage interest rates were a major impetus to housing recovery over the last several years. However, many industry experts are showing concern about the possible effect that the rising rates will have moving forward. The Mortgage Bankers Association, Fannie Mae, Freddie Mac and ...

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Posted in Home Values
Oct. 25, 2016

Real Estate Market Recap - October 2016

In gathering market data for this month’s real estate update, it became evident that the news remains about identical to what we reported in September.  Since we’d rather not rehash old news, this month’s update is quite short.  Realtor.com reported an interesting bit of information for this month’s housing activity.  ...

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Oct. 25, 2016

Real Estate Market Recap - September 2016

Fall is here!  Although I think spring will always my favorite season, autumn in Boise is a very close second.  Fall colors, sweaters and scarves, a new school year, delicious soups, and cooler temperatures are all something to celebrate!   

As the weather cools, so does the housing market ...

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Oct. 25, 2016

Real Estate Market Recap - August 2016

As we near the end of the busy summer buying season, it is common to see month over month median home sale prices decrease slightly and the number of months supply of inventory increase.  The supply of inventory didn’t have as much upward movement as expected, but the 4 ...

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Oct. 24, 2016

Real Estate Market Update - August 2016

The last three months for TripleCord Real Estate and other brokerages in the valley have been a whirlwind.  This uptick in real estate activity is common for the spring and summer seasons, but somehow it always seems to catch us by surprise.  It has been a struggle to ...

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