Housing Market

May 30, 2018

Tax Law: How It Will Impact Idaho's Home Price Outlook

Content from IdahoRealtors.com

 

While the new tax law is already in effect, here we estimate how home prices will trend in 2018 for each state. The new tax law reduces the limit on deductible mortgage debt and limits the deductibility of the real estate tax up to $10 …

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Posted in Housing Market
May 30, 2018

Boise Real Estate Market Update - March 2018

Ada County experienced a drop of 4.5% in the median sales price for homes last month.  This is not a condition of waning buyer demand or a sign of a bursting bubble but rather the normal result of increased inventory.  The number of existing homes for sale …

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Posted in Housing Market
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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May 10, 2018

Boise Real Estate Market Update - March 2018

In this market, it has been a joy to help sellers!  We assist in preparing their home to show its best, get it listed, and then, many times, receive multiple offers on the property—allowing us to negotiate incredible prices and terms for our clients!  Assisting buyers, however, is …

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Posted in Housing Market
April 24, 2018

Boise Real Estate Market Update - February 2018

It’s no secret that Boise is growing rapidly (see the Forbes article below). With this increase in population comes increased need for housing, and we are struggling to keep up with demand.  Inventory was down 18.8% from last February, hitting a new record low of only 1,205 …

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Posted in Housing Market
Feb. 22, 2018

Calm down! The Real Estate Market is NOT Falling Apart

There has been tremendous volatility in certain markets over the last few weeks (for example, the stock and currency markets). When this happens, some tend to lump all of their investments together and create an almost ‘Armageddon’ scenario where everything loses value quickly and dramatically. Real estate is an investment …

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Posted in Housing Market
Feb. 22, 2018

Boise Real Estate Market Update - January 2018

The story of our current real estate market remains much the same as reported in previous months—buyer demand is high and housing supply is low.  This situation continues to cause upward pressure on prices and resulted in a new record high median sales price of $279,900 for Ada …

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Posted in Housing Market
Feb. 6, 2018

Thinking of selling? Now is the perfect time!

 It is common knowledge that a great number of homes sell during the spring-buying season.  For that reason, many homeowners hold off on putting their homes on the market until then.  The question is whether or not that will be a good strategy this year.

 

The other …

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Posted in Housing Market
Feb. 6, 2018

Boise Real Estate Market Update - December 2017

 

With only 1,391 homes for sale last month, Ada County hit another record low for inventory—down 6.6% from December last year.  Although this is a clear sign that the housing shortage continues, we are seeing steps made toward a more balanced market.  For example, although …

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Posted in Housing Market
Dec. 20, 2017

Boise Real Estate Market Update - November 2017

This year, the total dollar volume for home sales in Ada County will pass the $3 BILLION mark for the first time!  Total dollar volume has been increasing since 2009, with the previous peak at $2.7 billion in 2006.  Nearly 10,000 homes have sold this year …

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Posted in Housing Market