TAX CREDIT EXTENSION!
November 5th, 2009 — Today the U.S. House of Representatives overwhelmingly supported a measure to extend and expand the First Time Homebuyer $8000 Tax Credit until April 30, 2010 – potentially re-opening a quickly closing window of opportunity for First Time Home Buyers in Idaho along with helping those which would like to “move up”. The measure was also passed unanimously by the Senate last night, and is currently on the way to the President for his signature. The President is expected to sign the measure as early as Friday. The measure also includes a new $6500 tax credit ...
The top 10 signs the real estate market is on the rise
Many people are sitting on the sidelines waiting for the real estate market to hit the bottom before they make a move. The question is: Have we already reached the bottom? Last week you may have sensed that the real estate market may be starting to change direction. It is probably not an abrupt 180-degree turn, yet you get a feeling that the real estate ship may be changing direction and here are some of the signs. Sign No. 1: If you read one of the recent issues of Newsweek, the columnists are hinting of a positive change. Sign No. 2: On the Fox ...
The Consequences Of Foreclosure
Foreclosure can be a stressful process and it can also stick with you for a long time. Give us a call at 208-869-3469 if you are facing foreclosure so we can see if we can help. There are some options that you need to explore such as loan modifications and short sales.
For Buyers
OVER 406 BANK OWNED HOMES FOR SALE IN ADA COUNTY
As you probably know, there is a plethora of bank owned homes for sale in Boise,...
Buying a foreclosed home 101
Don’t bother browsing through the legal filings in your local paper or showing...
Is Buying the Worst House on the Best Street Good Advice?
Thomas Stanley, Ph. D. is back at it again with his newly released book “Stop Acting...
Click For More Buyer NewsFor Sellers
Don’t Be Ashamed. . . Seems like everyone’s doing it
Lack of jobs, divorce, injury and death of a loved one often forces hard working...
Keeping Your Home Safe from Water Damage
Pay attention to your bill: Major fluctuations in water usage from one month to the...
Paramount sells 51 new homes in 2009
Boise-based developer Brighton Corp. is declaring 2009 a successful year for Paramount,...
Click For More Seller NewsTrustIdaho.com Featured Stories
Eagle Idaho Real Estate Statistics–March 2010
Below you will find statistics regarding the real estate activity during the month of February: Closed Sales – February 2009 # Closed: 19 Average Sales Price: $407,505 Median Sales Price: $398,000 Closed Sales – February 2010 # Closed: 29 % Change: +52.6% Average Sales Price: $380,523 % Change: -6.6% Median Sales Price: $365,000 % Change: -8.3%% Pending... [Read more of this review]
Meridian Idaho Real Estate Statistics–2010
Below you will find statistics regarding the real estate activity during the month of February: Closed Sales – February 2010 # Closed: 108 % Change: +31.7% Average Sales Price: $185,052 % Change: -8.9% Median Sales Price: $160,744 % Change: -12.4% Closed Sales – February 2009 # Closed: 82 Average Sales Price: $203,049 Median Sales Price: $183,400 Pending... [Read more of this review]
Boise Idaho Real Estate Statisics–March 2010
Below you will find statistics regarding the real estate activity during the month of February: Closed Sales – February 2009 # Closed: 290 Average Sales Price: $209,422 Median Sales Price: $181,625 Closed Sales – February 2010 # Closed: 365 % Change: +25.9% Average Sales Price: $197,431 % Change: -5.7% Median Sales Price: $165,000 % Change: -9.2% Pending... [Read more of this review]
Boise metro area above average in terms of negative equity
Below you will find a recent article from the Idaho Business Review which discusses homes “under water” within our community. In my opinion, the Boise Metro area is above the national average for negative equity because of the dramatic increase in market pricing during the “boom time”. Hence why the “correction”... [Read more of this review]
Mistakes to avoid when flipping a home
There are pitfalls when purchasing a promising piece of property to flip—just ask the experience home flippers. Huge rewards can be found by learning from others mistakes when beginning your home flipping venture. The market is ripe with opportunities to make extra money when flipping with distressed property such as short sales and bank owned... [Read more of this review]
The 7 Short Sale Myths
1) Short sales rarely get approved. FALSE TRUTH: Although short sales are difficult, acquiring or selling a home as a short sale is not impossible. More and more short sales are being approved on a monthly basis and the new HAFA guidelines should help making short sales easier to facilitate. Most importantly, it is essential to acquire the... [Read more of this review]
Only 63 days left to claim the homebuyer tax credit!
Congress voted to extend and expand the First-Time Home Buyer Tax Credit program on November 6, 2009. There is only 63 days (as of Feb 26, 2010) to claim it. The $8,000 tax credit expiration date has been pushed forward to Spring, requiring homebuyers to have an accepted written contract no later than April 30, 2010 and to be closed on the purchase... [Read more of this review]
Rental income—a good indicator for real estate stabilization:
Most of my buyers and sellers are concerned about where home prices are headed and want to know whether or not it is a good time to either buy or sell. I, along with most which have an interest in real estate, wish we had a crystal ball. If we were so lucky. Possibly the next best thing is to follow the rental income to establish current market... [Read more of this review]
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