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.
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 ...
For Buyers
Report shows home buyers’ negotiating power gains
Home buyers in much of the United States paid thousands of dollars below asking prices...
RELOCATION TIPS
After months of looking, in the midst of this tough economy, you land a job offer...
ATTENTION INVESTORS!! New FHA rule change should encourage house-flipping
A new market will soon open to people who buy houses with the purpose of fixing them...
Click For More Buyer NewsFor Sellers
Paramount sells 51 new homes in 2009
Boise-based developer Brighton Corp. is declaring 2009 a successful year for Paramount,...
Good news, eh? Foreigners return to real estate
For several weeks now, I’ve been preaching about the real estate industry saying...
Another Perspective on the Market Turn-Around . . .
Dani Grigg with IBR wrote a blog which I wanted to pass along. It discusses alternate...
Click For More Seller NewsTrustIdaho.com Featured Stories
Canyon County defaults rise 70 percent in January
Canyon County’s home defaults had dropped off in the last few months of 2009, but they came back with a vengeance in the first month of 2010. The county’s foreclosures hit a high in January, rising from 214 filed in December to 365 filed in January for a total increase of 70.5 percent, according to IdahoDataProviders.com. “What this all means... [Read more of this review]
Recent months cast cloud over post-tax-credit housing market outlook
Home sales around the nation dropped 17 percent in December – with existing homes showing the largest monthly drop in 40 years – but that’s nothing compared to what happened in the Treasure Valley. The number of homes sold in Ada and Canyon counties fell 31.6 percent (from 832 to 569) between November and December 2009, according to numbers from... [Read more of this review]
Meridian’s Portico mixed-use development marks milestone
Over the last 18 months, the mixed-use development in Meridian called Portico has leased 265,000 square feet of commercial space. That’s about 80 percent of the 327,849-square-foot project at the Eagle Road exit off I-84. In a commercial real estate market as tough as it is today, development company Gardner Ahlquist has decided the achievement is... [Read more of this review]
The New Normal?
The crisis that almost collapsed the financial system, the markets and the economy was a once-in-a-lifetime event for most of us. The effect was not only monetary, but psychological. Shifts in attitudes about money, financial independence, retirement, leverage and consumption may leave their marks for years to come. Many people have seen the values... [Read more of this review]
Lawmaker hopes to spark job creation with private loan fund for startups
A Boise lawmaker is calling for the state to set up a private fund that could make loans of up to $35,000 to startup companies and other growing businesses in Idaho, a move that he says could trigger some badly needed job growth. Rep. Branden Durst, D-Boise, has been drawing up a bill that would create an independent corporation called the Micro Enterprise... [Read more of this review]
How market is faring depends on whether you’re a buyer or a seller
Can the market get any better than this? Can it get any worse than this? Of course the economy will get better by and by and the market will change. For those looking to lease or buy commercial space in which to operate their business, we feel now is the time to make a deal. For those needing to lease out or sell space they own, now is still a difficult... [Read more of this review]
Home Pricing Slow to Recover
The latest report from First American CoreLogic indicates a more pessimistic outlook than previously expressed. The national real estate data company predicted the U.S. will see further declines in home prices, followed by a recovery in the spring. But that recovery is now projected to occur later and to a lesser degree. The national home price index... [Read more of this review]
New RESPA regulations may slow real estate recovery
New federal regulations designed to protect homebuyers from nasty surprises at loan closing time could slow the recovery of the real estate market, some industry insiders say. The regulations require early disclosure of expected loan costs for residential mortgages, with potential penalties if the actual costs exceed the early estimates. One real estate... [Read more of this review]
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