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I have written about this topic in the past but with the unprecedented buyers market we are currently in this topic certainly deserves to be reconsidered. Unless one has been living in cave the past two years it is obvious that any retirement account funded ...[Read More]
The Idaho Real Estate market has changed the past 24 months and no one will argue with that statement. I still find it interesting that many homeowners have not been given good advice in dealing with a challenging market. I hope these tips will shed some ...[Read More]
I recently attended a class held by an employee of Indymac Bank that has worked in the Loss Mitigation or "Short Sale" department of Indymac for 18 years. This speaker is the second speaker in 2 months to tell us that ARM loans will continue ...[Read More]
Idaho real estate prices seem to be falling almost monthly. Whenever I am asked to do a search in any price range I find that now as many as 7 out of 10 homes I show are either Idaho foreclosures or Idaho short sales . In the peak year of 2005 it was almost ...[Read More]
I had lunch with one of my mortgage lender friends this past Wednesday and I asked her if there were anymore Zero Down mortgage loans left. She said the only true Zero Down program remaining is the Ameridream Program which offers down payment assistance ...[Read More]
I am beginning to believe strongly in the saying " The more things change, the more things stay the same ". This is certainly true when it comes to good old fashioned communication and knowledge. A few years ago a local farmer called me and asked ...[Read More]
With all the talk about escalating gas and grocery prices consumers have had to learn to tighten their belts and budget their money they were not acustomed to being concerned with in the past. Many families have made some tough decisions to deal with the ...[Read More]
Lock mortgage rates now if you can For the past 12 months the Federal Reserve was aggressively lowering the discount rate in an attempt to stimulate the economy. When the Federal Reserve lowers the discount rate mortage rates normally rise. The reason ...[Read More]
Buying your next Idaho home should be a wonderful experience. It does not have to be a stressful and anxious experience. Follow these tips and you will be well on your way to making your next home experience one you will remember. 1) You have heard the ...[Read More]
With all the talk about Idaho Foreclosures we as Realtors are being bombarding by buyers looking for the "Best Deal" and want to buy one of those foreclosures everyone is talking about. Before you run out and buy one of these there are some things ...[Read More]
I have been pondering lately about our generation. Many events have taken place over the past 2-3 years that has changed the landscape of this country as we have known it. I started my real estate career in 1980 and now over 28 plus years later I look ...[Read More]
After months of searching for a location from Boise to Caldwell AFI Packaging has selected a location west of Caldwell Idaho just east of the town of Greenleaf as the location for a new start-up company. The new company managed by Drew Dalgetty will consist ...[Read More]
Idaho Real Estate buyers have been confused because every time they call me about buying Idaho Real Estate in Idaho I have to tell them that mortage rates have risen. They could not understand why mortgage rates were increasing when they heard on the news ...[Read More]
Parents and grandparents please, please read this carefully. I have written about this in the past and advised many indivuduals. I think it is time to write about this again. Those I mentioned this to a few years ago and put the idea to practice are well ...[Read More]
I have been listening to the media regarding real estate since my career started in 1980 and what I have observed is very interesting. Some of the most successful real estate investors purchased properties in every cycle of the real estate market and were ...[Read More]
Over the years the internet has caused more and more people to use the world wide web to search for homes. Over the past several years print advertising and open houses just have not worked the way they have in the past. In fact open houses the past 2-3 ...[Read More]
In March of 2008 Macy's National headquarters announced it would be signing a new 5-year contract to keep it's store at the Karcher Mall in Nampa Idaho . The reason this is news worthy is that in light of the fact that only last year Macy's ...[Read More]
Idaho prospers in a lagging national economy The nations lagging economy has taken a toll on the nations personal income. Idahoans remains somewhat isolated from the rest of the nation when it comes to personal income. In 2007 Idaho ranked fourth in the ...[Read More]
For the first two months of 2008 Caldwell Idaho showed what the rest of the country would like to have, strong new home sales. For January and February of 2008 Caldwell had 103 homes sell as reported in the Intermountain MLS. Of those 103 sales, 61 or ...[Read More]
Yes, at a time when the national economy is on shaky ground and many parts of the country are experiencing not only poor economies but rising crime statistics, the crime in Boise Idaho dropped 8% in 2007 and 37% over the past decade. Many citizens and ...[Read More]
Boise Idaho's real estate market has remained a very steady and stable real estate market. However, it is not exempt from the short sales and foreclosures that has hit the majority of the country. A "Short Sale" means the bank that holds ...[Read More]
While the vast majority of newcomers to Idaho headed to the most populated counties in 2007, new Census Bureau figures show slightly more of the people coming in from other states and nations settled in rural counties than in preceding years. Based on ...[Read More]
In March of 2008 Forbes has once again given the top honors for cities that offer the best climate for busines and careers. Boise Idaho has been named the 2nd best city by Forbes and is 2nd only to Raleigh N.C. in national rankings. Boise is the the only ...[Read More]
A new Craigs List scam has hit very close to home for many Idaho residents in Boise Idaho. Many Nigerian scams regarding money have been around for several years. It now seems that these scam artists have entered the real estate market and in this case ...[Read More]
The business committe of the house of representatives for Idaho recently recommended extending temporary rules that dictates how mortgage lenders apply to be licensed nationally. In 2007 the Idaho Legislature voted to participate in a newly created national ...[Read More]
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