The average days on market for sold homes is running at 74 days in Jan, just slighter higher than the same month last year.  The really good news is that January typically has the highest market time of any month of the year.  Given our recent spike in activity we will no doubt see a decrease in market time in Feb and March.
Average Days On Market - Ada County Idaho

I hear this all the time “I want to buy a foreclosure”.  What I have found after further questioning is that what people are really saying is that they want a good deal and the home that fit their needs.  The latter part of that “home that fits their needs” is really the most important when it comes down to it.  What clients come to realize really fast is that the foreclosure properties are in generally very poor condition (missing appliances, broken windows and landscaping that hasn’t been maintained for months).  The better overall values are those homes that have been well maintained and the seller is genuinely motivated to sell.  Maybe they have purchased another home in the area or they are waiting to join the rest of the family who has relocated to another state.  In any event they are motivated to sell, the home is in a great location and it is well maintained.   View the tour for the .41 acre home or the tour for the reduced $35,000.

Ok – you are buying a service and let’s say that service is an attorney or real estate broker.  You want the best deal possible so naturally you ask for a reduction in the person’s fee.  The person almost instantly capitulates to your request.  Yahoo for you ……… and bummer as well.  Why bummer – well you just hired this person to negotiate for you and, um, ah, they can’t even negotiate for themselves. Remember you are not buying a product but the advice and experience that person has to offer.  In this case you quite literally get what you pay for.

Headlines like this Idaho Statesman article “Goose responsible for cutting power to nearly 1,000 Idaho Power customers in Boise”.  Don’t get me wrong I don’t like reading about people loosing their power or some animal biting the dust it’s the fact that something like this actually makes the news.  Not to mention the power was back on in 40 min and there was no protest by PETA.

It’s all smiles. 

A “Pending Sale” simply means that an offer has been accepted but closing has not taken place yet.  “Pending” also means that the property has been removed from the general publics view in the MLS.  A “Pending” sale will not show up any public website.