J. Kent Erickson, Broker Associate
Direct / 208.447.7848

Is Now the Right Time to Put Your House on the Market?

Posted by on Aug 25, 2016 in Uncategorized | 0 comments

Is Now the Right Time to Put Your House on the Market …or Not? Last week, the National Association of Realtors (NAR) released theirPending Home Sales Index, a forward-looking indicator of home sales based on contract signings. The report revealed that this May’s numbers weren’t quite as good as the year before: “With last month’s decline, the index reading is still the third highest in the past year, but declined year-over-year for the first time since August 2014.” The mainstream media ran headlines highlighting that the index had dropped for the first time in two years. Many read this as an indication that the housing market must be slowing down. If you were thinking that now may be the perfect time to put your house on the market, these reports may have caused you some concern. We want to alleviate that concern...

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Baby Boomers Are On the Move

Posted by on Aug 18, 2016 in Uncategorized | 0 comments

Baby Boomers Are On the Move According to a Merrill Lynch study, “an estimated 4.2 million retirees moved into a new home last year alone.” Two-thirds of retirees say that they are likely to move at least once during retirement. As one participant in the study stated: “In retirement, you have the chance to live anywhere you want. Or you can just stay where you are. There hasn’t been another time in life when we’ve had that kind of freedom.” The top reason to relocate cited was “wanting to be closer to family” at 29%, a close second was “wanting to reduce home expenses” at 26%. A recent Freddie Mac study found similar results, as “nearly 20 percent of Boomers said they would move closer to their grandchildren/children compared to 13 percent who said they would move to a warmer climate.” Not Every Baby Boomer Downsizes There is a common misconception...

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Serious About Home Buying? Get Pre-Approved

Posted by on Aug 11, 2016 in Uncategorized | 0 comments

Serious About Home Buying? Get Pre-Approved In many markets across the country, the amount of buyers searching for their dream home greatly outnumbers the amount of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search. But even if you are in a market that is not as competitive, knowing your budget will give you the confidence to know if your dream home is within your reach. Freddie Mac lays out the advantages of pre-approval in the My Homesection of their website: “It’s highly recommended that you work with your lender to get pre-approved before you begin house hunting. Pre-approval will tell you how much home you can afford...

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5 Reasons To Hire A Real Estate Pro

Posted by on Aug 4, 2016 in Uncategorized | 0 comments

5 Reasons To Hire A Real Estate Pro Whether you are buying or selling a home, it can be quite an adventurous journey. You need an experienced Real Estate Professional to lead you to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For Sale by Owner or FSBO. The 5 Reasons You NEED a Real Estate Professional in your corner haven’t changed but have rather been strengthened due to the projections of higher mortgage interest rates & home prices as the market continues to recover. 1. What do you do with all this paperwork? Each state has different regulations regarding the contracts required for a successful sale, and these regulations are constantly changing. A true Real Estate Professional is an expert in their market and can guide you through...

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