J. Kent Erickson, Broker Associate
Direct / 208.447.7848

Idaho Housing Market Snapshot – May 31, 2017

Posted by on May 31, 2017 in Uncategorized | 0 comments

Midweek Snapshot – May 31, 2017 Whether you’re ready to start looking for your dream home or you’re thinking it might be time to sell your home, knowing what’s going on in the real estate world is definitely a good place to start! Our Idaho Housing Market infographic offers a quick summary of Active & Pending Single Family Homes in Idaho as a whole as well as city specific numbers. Check out Vol. 15: Idaho Housing Market Snapshot – May 31, 2017 Featured Property: 9200 W. Avalanche Court | Boise View Tour: http://www.tourfactory.com/idxr1716182 The midweek Idaho Market Snapshot – May 31, 2017 –  includes: Boise, Meridian, Eagle, Nampa, Kuna, Caldwell, Moscow, McCall, and Twin Falls! Interested in purchasing or listing a home? Want to know what your neighborhood market is? Feel free to contact us any time!  *Information is for Reference...

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Inventory Challenges Continue [Infographic]

Posted by on May 30, 2017 in Real Estate Market | 0 comments

Inventory Challenges Continue! [INFOGRAPHIC] Some Highlights: After a surge in March, existing home sales and new home sales slowed due to a drop in inventory available for sale in the start-up and trade-up categories. Median existing home prices surged for the 62nd straight month, up 6.0% over last year to $244,800. New home prices slowed as builders have started to turn their focus toward single family, smaller...

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Pet-Friendly Listings

Posted by on May 29, 2017 in Selling a Home | 0 comments

Selling Your Home? Is Your Listing ‘Pet-Friendly’? One of the many benefits of owning your own home is the freedom to find your ‘furever’ friend. By pointing out the aspects of your home that make it ‘pet-friendly’ in your listing, you’ll attract these buyers rather than alienate the 61% of American households that have a pet! If you are one of the many homeowners looking to list your home for sale, how do you stand out to the millions of pet parents searching for their dream homes? Whether a dog person, a cat person, or someone who prefers the company of another pet species, 99% of pet owners say that they consider their animal to be family. When finding a home, 95% of animal owners believe it is important that a housing community allows animals. A recent study by...

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Tips for Effectively Making an Offer

Posted by on May 26, 2017 in Buying a Home | 0 comments

4 Tips for Effectively Making an Offer: So, you’ve been searching for that perfect house to call a ‘home,’ and you finally found one! The price is right, and in such a competitive market, you want to make sure that you make a good offer so that you can guarantee that your dream of making this house yours comes true! Freddie Mac covered “4 Tips for Making an Offer” in their latest Executive Perspective. Here are the 4 tips they covered along with some additional information for your consideration: 1. Understand How Much You Can Afford “While it’s not nearly as fun as house hunting, fully understanding your finances is critical in making an offer.” This ‘tip’ or ‘step’ should really take place before you start your home search process. As we’ve mentioned before, getting pre-approved is one of many steps that will...

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Costs of NOT Owning

Posted by on May 25, 2017 in Mortgage & Finances | 0 comments

Do You Know the Cost of NOT Owning Your Home? Owning a home has great financial benefits, yet many continue renting! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed. Zillow recently reported that: “With Rents continuing to climb and interest rates staying low, many renters find themselves gazing over the homeownership fence and wondering if the grass really is greener. Leaving aside, for the moment, the difficulties of saving for a down payment, let’s focus on the monthly expenses of owning a home: it turns out that renters currently paying the median rent in many markets could afford to buy a higher-quality property than the typical (read: median-valued) home without increasing their monthly expenses.” What proof exists that...

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