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Blog About Boise Real EstateBlog About Boise Real EstateGenius Realty about the happenings at the company, Boise, Idaho area real estate, the real estate industry and other cool things we find interesting. Articles
Market Stats - September 2007
2007-10-02 21:25:00 So what’s it looking like out there after another 30 days? How many selling? How many sold? 8,350 Active listing for ADA and Canyon Counties combined as of October 2, 2007. 668 transactions closed in September 2007 for an average price of $243,175. In Sept 04′ that number was 1,244 transactions and average price of ... More About: Market , Stats , September 2007
Are You A Stong Buyer Or A Weak One?
2007-10-02 20:51:00 Negotiating on a Buyer s? Behalf One of the benefits to a client in using a buyers? agent is that agent?s ability to help them get the property they want at the best possible price. Providing information in the form of a CMA is one step in that process, but often the key to a prompt and ... More About: Tong
The grass is always greener over there.
2007-10-02 01:24:00 Just this week I found two uniquely different and independent sheep eating grass in opposite fields separated by a fence. These sheep suddenly switched sides. Why? Did sheep ‘A’ see something sheep ‘B’ couldn’t see? Or was it the other way around? What was so dissatisfying about their respectively original fields? When it comes to ... More About: Grass , Always , The G
What are your statistical chances of selling in today?s market?
2007-09-17 23:20:00 If you are planning to sell in today’s real estate market, you need to know what your chances are. Here are the stats for ADA and Canyon Counties combined: So far this year there have been 25,188 unique listing numbers generated. Of all those listings, only 6,103 have sold. That’s 24%. One in four listings will sell. How’s that ... More About: Selling , Market , Today , Chances , Chan
How Do ADA County Prices Rise While Sales Fall?
2007-09-12 19:24:00 Seems the Idaho Statesman is having a hard time finding someone who can explain why Ada County ’s housing prices rise while sales are down and inventory is up. I thought I’d give it a try. Since WWII the housing market has typically been driven by the ‘first time’ home buyer (FSHB). They’ve historically represented a ... More About: Sales , Rise , Fall , Prices
Boise State Charm - Walk To & From The Blue
2007-09-10 18:45:00 $189,900 - 2 Bed, 1 Bath, 2 Car Garage - South East Boise Finding that perfect little place close to BSU, (but not too close) is a tough deal these days. With nearly 20,000 students attending this fall, demand for a house to yourself is a hidden needle all by itself. What’s more, is when you ... More About: Blue , Boise State , State , Walk , Charm
2007 Housing Recovery? - NOT.
2007-09-06 02:47:00 In my review of the Treasure Valley real estate market, August transactions were on the ultra-light side. There is a clearer message to derive. Read on to see my point. First, the facts: 840 single family transactions closed in August 2007 Compare to August 2006 = 1731. A staggering 106% drop off. Dramatic change wouldn’t you say? Let’s take ... More About: Recovery , Housing
Ever Heard of Real Estate 2.0?
2007-08-26 07:38:00 Have you ever heard of REAL ESTATE 2.0? In short, it’s all those technology related websites out there trying to deliver real estate data to joe consumer or to jane agent trying to earn joe’s business. Visit http://www.1000wattconsulting.com/web2.0/ Basically, this is a summary page showing all the main players and links to their sites. Some are ... More About: Estate , Real Estate , Real
Sellers Chasing The Market Backwards
2007-08-24 02:07:00 In a regressive housing market like the one we are experiencing today, sellers can find themselves chasing the market in reverse. What I mean is, they keep lowering the price of their home and still no one buys. They just can’t catch the market. Let me illustrate with a REAL LIFE example. Seller originally lists 9/13/2006 for ... More About: Market , Sellers , The Mark , Backwards
Meridian Idaho - Lochsa Falls Pricing Trend
2007-08-20 19:15:00 Getting a handle on the real estate market is never easy. Is the market going up? Down? Flat? If you’re looking to buy or sell, the intensity can get ugly. You grab listing brochures, read the local paper and talk to your neighbors. Your hunting for facts. We all know things are tough out there, but ... More About: Idaho , Trend , Fall , Meridian , Falls
Rumbles Of Countrywide Bankruptcy?
2007-08-17 14:39:00 Countrywide is big. Really big. Just in the last six months they’ve provided 16% of the home loans in the US. According to the LA Times: On Wednesday, the company was said to be having trouble borrowing money on a short-term basis, securities analysts discussed the possibility of a Countrywide bankruptcy and the firm’s stock price tumbled ... More About: Bankruptcy , Countrywide , Bankrupt
How could housing prices in Ada County rise if we?re in a slump?
2007-08-15 06:53:00 According to the Idaho Statesman, Ada County housing prices have risen despite our slump in the market. Ada County’s median home price rose 2 percent in July despite the 12th consecutive month of slumping single-family home sales, according to industry data released Monday. The source for this information is Intermountain MLS. This pdf document contains some very ... More About: Housing , Rise , Slump , Prices
MY House FLIP In NE Boise - A 1950?s Charmer
2007-08-14 18:43:00 I’m in the final stages of a housing project that began three months ago. I wanted to share with you this rehab. Welcome to 615 Haines, Boise Idaho. To begin, I didn’t intend to take this beast on. It sort of fell into my lap. My wife (Jennifer) disagrees and says that I’d find something in ... More About: House , Flip , Ouse , Harm , Charm
87 Short Sales - Ada and Canyon County Combined - Treasure Valley
2007-08-12 15:53:00 My first post regarding short sales took place January 2007. In that post, I featured 34 listings. Today, I can feature 87 short sales . That’s 156% increase. Ouch! Our market is under increasing pressure and investors are sure to benefit. If you’d like to explore one of these opportunities, or have your own short-sale in ... More About: Sales , Treasure Valley , County , Short , Valley
Demand for Boise?s Valley Housing Remains Weak
2007-08-09 17:43:00 The Idaho Statesman reported today that residential housing is saturated with stagnate inventory that is out of touch with affordability. The report encompasses Boise, Meridian, Nampa, Caldwell, Star, Middleton Kuna –Ada and Canyon County’s. Facts supporting the story are from Metrostudy, a consulting firm based in Huston. Metrostudy, which physically inspects most of the subdivisions reports ... More About: Housing , Valley , Demand , Mains
Plastic Flower Pots and Pillow Looking Rocks ?Warm Springs Mesa
2007-08-08 23:10:00 My mom always says keep it real. Don’t get sucked into things that are trying to be something they aren’t. EXAMPLE: Don’t use flowerpots that look like terracotta. If it’s plastic, it should look plastic. Following this philosophy, the retaining wall found on Windsong Dr (the newest entrance onto the Mesa) looks like a precarious stack ... More About: Flower , Pillow , Plastic , Rocks , Lowe
Real Estate Marketing On The Web - 50 Ways & Counting?
2007-08-08 14:02:00 Just when we thought we were doing an amazing job dabbling in the latest innovation for real estate marketing. Here’s a list of 50 real estate marketing tools and sites that are sure to make you reconsider your involvement with the world. This list was assembled by trulia.com and presented at Inman Real Estate Connect ... More About: Marketing , Real Estate , Real Estate Marketing
Entrances To Warm Spring Mesa - NE Boise
2007-08-08 06:39:00 Access to a subdivision can make a big difference in the way it feels and flows. When it comes to coming and going from the Mesa , there are three entrances to pick from. At each of these enterences, there’s signage too - Windsong Dr. Entrance Sign - El Paseo “NEW –2005″ Starcrest Dr Entrance Signs - ... More About: Spring , Tran
Warm Springs Mesa - NE Boise
2007-08-07 02:14:00 I live on the Warms Springs Mesa and I don’t intend to move. What a great place to live. Easy access to the foothills, river, and downtown Boise. I think its the best location in town. Come see why for yourself…there’s a place for everyone. For those who don’t know, the Warm Springs Mesa housing mix ...
The Commission Question
2007-07-29 18:31:00 Sellers are super interested in finding ways to put more closing dollars in the their pocket. One strategy is find a Realtor willing to take the listing for less. As we all know, part of this listing commission is offered in a co-operating manor to other Realtors working with buyers. Historically, this has been 3% ... More About: Question , Commission , Missi
July 13, 2007 Short Sale List Boise, Eagle, Meridian, Nampa, Caldwell & Mor
2007-07-15 14:54:00 Short sales can be a good way to find a great deal. On the other hand, these sorts of opportunities can be tricky, so be sure you know what you?re getting into. Here?s a link to the freshest short sale listings on the market. Click to discover over 50 properties that range in price from $100,000 ... More About: Sale , List , July , Short , Meridian |
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