Selling your home in todays marketplace requires thoughtful planning and expertise. This is even more so in winter. Winter is a beautiful season the the Boise Idaho area and even though our winters are pretty mild, year after year I run into people who think that homes do not sell in the winter. The fact is nothing could be further from the truth. I have found that buyers in todays marketplace buy a home because they have to. Said another way there are other factors in their lives that create the need for them to purchase now such as a job relocation, marriage, birth of a child etc. This video does a great job of highlighting what specific items need to be attended to to in the winter months when selling a home.
Population: 213,000 (32% over age 50)
Housing costs: $137,020 to buy a home/ $900 a month to rent
Cost of living index: 94 (100 is average)
Moving to a mountain town means easy access to skiing, hiking, golf, fly-fishing, and more. Unfortunately, it also usually means jaw-dropping home prices, a dinky airport, limited health care, and tourists galore. Not in Boise.
Yes, locals here can ski at Bogus Basin 16 miles from downtown, stroll or bike 85 miles of trails, and paddle or fish on the Boise River, which runs through town. But they'll also find low taxes and affordable homes. Plus, Boise has become a nucleus of culture and health care. Saint Alphonsus Regional Medical Center is ranked in the top 5% of hospitals nationwide for clinical performance.
Read the rest of the article here.
The Boise Idaho area was often ranked in the top 10 cites hardest hit by the housing bust, or as I like to refer to it the "over supply of money bubble". Now we are on the flip side of that and many other areas including the Boise area is experiencing a pretty strong rebound.
Prices rose 2.5 percent during the third quarter, according toFNC., which observed prices in the 100 largest metro areas in the country. The company found that national home prices have risen 11 percent since the beginning of the recovery, a timestamp that FNC considers to be the start of 2012.
Even though Idaho isn't cited in this article mostly due to the size of our market compared to the MSA surveyed our numbers are similar in growth to many of the others listed.
A great 40 second overview of the national housing market. In the Boise area we have seen housing sales slow just a bit in October and pick up again in November. If you would like an update on your specific neighborhood just drop us a line.
In more than two-thirds of the country, housing affordability has dipped to pre-housing bubble levels, creating opportunities for those looking for a bargain. Home prices are expected to rise in 2013 due to fewer distressed sales and the impending housing shortage.