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Chrissy Smith
REALTOR®
(208) 720-2981
Commercial Real Estate Agent
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November
9

Home prices increase despite rises in mortgage rates

From Our Friends At Boise Regional REALTORS®

The median sales price for homes in Ada County was $561,500 in October, up 4.0% from the month prior and 5.4% higher than October 2021. Until last month, there have been month-over-month declines in the median sales prices since the peak of $602,250 in May 2022. We haven't seen a year-over-year decline in the overall median sales price since October 2014.

Higher mortgage interest rates have decreased purchase power for buyers and cooled demand, causing some buyers to make budget adjustments and others to press pause on their home search. According to Freddie Mac, retrieved from FRED, Federal Reserve Bank of St. Louis, the average 30-year fixed-rate mortgage was 7.08% on October 27, 2022, more than double the 3.14% average in October 2021.

With the steady incline in rates and dampened demand, why didn't prices dip last month? While there were 32.5% fewer home sales in October 2022 than in 2021, there were still 670 home sales, and the mix of those sales gives us a clue as to why the overall median sales price didn't budge much in October.

There are two primary segments to housing inventory — existing/resale homes, and new construction homes. New home sales made up 31.9%, or nearly a third, of all home sales in October. The median sales price for new homes was $657,500, while the median sales price for existing homes was $500,000, down 3.7% from October 2021. This significant share of new home sales pulled up the overall median sales price.

Due to rising mortgage interest rates, we've watched price growth decelerate on a monthly basis since May of this year. The fact that October didn't bring any major changes, price wise, indicates home values are not likely poised to plummet, though we may see more adjustments to come. Sales have slowed but won't disappear — regardless of market conditions, life continues to go on, and some life events require a move.

Buyers who were able to purchase this fall had more negotiation power than we've seen in years and used creative tactics, like using closing cost credits to buy down the interest rate, to combat higher monthly payments. With price growth slowing and more inventory to choose from, buyers have been able to snag existing homes at a lower price point than they would have a year ago, with the option to refinance down the road if interest rates go down.

To view the Treasure Valley homes currently for sale, CLICK HERE.

October
17

Mortgage Rate News

 

 

Mortgage Rates Rise as the Markets Stay Volatile

In another volatile week, the latest news saw mortgage rates hit 2007 highs. Although events in the United Kingdom largely offset volatility, mortgage markets faced a small impact. With the latest Freddie Mac survey, mortgage rates rose a shocking 3.70% from one year ago. 

Housing Market Remains Sensitive as Mortgage Rates Hit 2007 Highs

As mortgage rates hit 2007 highs, home buyers remain sensitive to the latest figures. In fact, a brief August 2022 mortgage rate dip caused an unexpected surge in sales activity. After peaking in January 2021 at an annualized rate of 993,000, sales of new homes in July fell to just 511,000, the lowest level since January 2016.

However, August new home sales jumped 29% from July to 685,000, far above the consensus forecast for a slight decline. The median price of a new home climbed 8% higher than a year ago at $436,800, the smallest annual rate of increase since November 2020. Unfortunately, mortgage rates soared significantly higher in September. We'll likely see the impact of this on next month's report.

United Kingdom Passes New Tax Cuts and Spending Measures

While the United States deals with higher mortgage rates, the United Kingdom faces inflationary pressures of their own. With the conflict in Ukraine driving energy costs upward and most prices rapidly rising, the UK government passed new tax cuts and spending measures.

Investors reacted to the inflationary implications of this increased deficit spending by pushing global bond yields higher. On Wednesday, the Bank of England announced its plans to temporarily purchase bonds in an effort to stabilize financial markets. This unexpected increase in demand for bonds caused yields to fall back to roughly the levels seen prior to the fiscal policy change.

PCE Price Index Rose 4.9% Year-Over-Year

Notably, the Federal Reserve favors the PCE price index as its inflation indicator. Overall, the PCE price index adjusts for changes in consumer preferences over time. In August 2022, core PCE increased 4.9% from a year ago. While this statistic exceeded the consensus, it also dropped from a peak of 5.4% in February.

For comparison, the annual rate of increase dipped below the Fed's target level of 2.0% during the first three months of 2021. Now, investors question how quickly the Fed's aggressive monetary policy tightening will bring down inflation.

Looking Ahead

After the rise in mortgage rates, investors hope for more specific guidance from the Fed on the pace of future rate hikes. In addition, investors seek insights into the Fed's bond portfolio reduction.

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We understand that no two paths to buying a home are the same. Whether you're a first-time homebuyer or a seasoned real estate mogul, we have a variety of products and loans designed specifically to meet your needs. We offer local underwriting and fast approvals to save you time and money. We have options for down payments and additional resources like our Finally Home! online program to help guide you through the home-buying process. Contact one of our home loan specialists to discuss your options today!

 

October
12

Higher Mortgage Interest Rates Continue to Impact Home Prices, Demand

From our Friends at Boise Regional REALTORS®

HIGHER MORTGAGE INTEREST RATES CONTINUE TO IMPACT HOME PRICES, DEMAND

The median sales price for homes in Ada County was $540,000 in September, down 4.4%, or $25,000, from the month prior, but 0.9% higher than September 2021. The median sales price dropped for the last four months, but we've yet to see a year-over-year decline in overall prices. After peaking at 44.0% in May 2021, annual price growth has trended down and slowed significantly, due in large part to higher mortgage interest rates.

However, when we look at the existing/resale segment, home prices have declined year-over-year. The median sales price for existing homes was $500,000 in September, a 4.8% dip from the same month a year prior.

As we've mentioned in previous market reports, low mortgage interest rates drive demand for housing by increasing buyer's purchase power. The opposite is also true — higher mortgage interest rates decrease purchase power and cool demand. According to Freddie Mac, retrieved from FRED, Federal Reserve Bank of St. Louis, the average 30 year fixed-rate mortgage was 6.7% on September 29, 2022, more than double the 3.0% average in September 2021 and throughout the majority of last year.

The Federal Reserve's rate hikes and efforts to reduce inflation have had major impacts on the housing market, resulting in slower price growth and fewer sales. Buyers are making budget adjustments or pressing pause on their home search as they face higher monthly mortgage payments.

Single family home sales dipped 30.3% last month in Ada County, and September marked the seventh month of year-over-year declines in sales. Compared to last year, sales are 15.1% lower year-to-date.

Lessened demand has also given inventory a chance to accumulate, with 2,420 available listings on the Intermountain MLS at the end of the month, a 93.8% increase from September 2021. More inventory is good news for those who are able to buy in today's market, as they aren't facing the fierce competition for homes that we experienced a year ago. If rates drop in the future, buyers may opt to refinance and save on their monthly payments. Additionally, buyers have gained negotiation power.

And negotiate they have — the average original list price received for existing/resale homes in September was 92.5%, which means that on average, buyers paid less than asking through a lower accepted offer, price reductions, or seller concessions. In September 2021, the average original list price received was 98.0%, meaning that on average, buyers paid slightly less than asking price for existing homes. Another metric that indicates competition that's made a significant shift from a year ago is Days on Market. Existing homes that closed in September spent an average of 37 days on the market before going under contract, compared to 17 days in September 2021.

With the shifts in the housing market and economists talking about an overall recession, many are naturally asking, "What's next?" While BRR does not make forecasts, REALTOR.com reports that housing experts anticipate that prices will decline in the next year or so, particularly in markets like ours, where we saw prices appreciate so quickly.

Understanding what's happening with the housing market is helpful, but if you're considering buying or selling a home, it's more important to consider your unique circumstances and needs. Work with a real estate agent and a lender to learn about your options for achieving your real estate goals and come up with a plan that works for you.

To view the Treasure Valley homes currently for sale, CLICK HERE.

September
16

Economic Updates from Idaho Central Credit Union

 

 

ECB Raised Interest Rates to Highest Levels Since 2011

Although this week contained little new data, the European Central Bank (ECB) raised interest rates to their highest levels since 2011. While investors focused heavily on the ECB announcement, the move failed to cause commotion. As a result, mortgage rates ended the week with little change.

ECB Raised Interest Rates by 75 Basis Points

With inflation surging to decade highs, the ECB raised interest rates by a massive 75 basis points. Thus, interest rates achieved their highest levels since 2011. The latest readings showed inflation in the eurozone at an annual rate above 9%. Conclusively, Eurozone inflation far exceeded the target level of the ECB of 2%.

ECB chief Lagarde explained rate increase as a necessary move. Lagarde mentioned that inflation is likely to stay above the target for "an extended period." Furthermore, investors expect additional 50 basis point rate hikes at the next two meetings.

Fed Chair Powell Remains "Strongly Committed" to Inflation Fight

As the ECB raised interest rates, the Federal Reserve continues their inflation battle, too. On Thursday (9/8), Fed Chair Powell repeated that he is "strongly committed" to fighting inflation. He emphasized the importance of reducing inflation. Additionally, Powell intends to lower inflation before the public views higher levels as normal and makes future plans based on it.

According to Powell, Fed officials hope that higher rates bring the strong labor market back into "better balance". Overall, Powell plans reduce outsized wage increases and lessen inflationary pressures. Moving forward, investors anticipate a 75-basis point rate hike at the September 21st meeting.

ISM Reflects Consumer Shift from Goods to Services

Aside from the Federal Reserve messaging and the ECB raising interest rates, the Institute of Supply Management (ISM) released the most significant economic report this week. In doing so, the ISM provided additional evidence that consumers shifted their spending from goods to services.

The national services sector index rose to 56.9. notably, this index came in stronger than expected. Levels above 50 indicate that the sector is expanding.

Looking Ahead After ECB Raised Interest Rates

After the ECB raised interest rates, investors seek specific Federal Reserve guidance on the pace of future rate hikes and bond portfolio reduction.

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We understand that no two paths to buying a home are the same. Whether you're a first-time homebuyer or a seasoned real estate mogul, we have a variety of products and loans designed specifically to meet your needs. We offer local underwriting and fast approvals to save you time and money. We have options for down payments and additional resources like our Finally Home! online program to help guide you through the home buying process. Contact one of our home loan specialists to discuss your options today!

 

September
14

Home Prices Drop as Demand for Housing Cools

From our Friends at Boise Regional REALTORS®

Sellers Respond to Changes in Demand for Housing

The median sales price for homes in Ada County was $565,000 in August, down 4.2% from July but 6.6% higher than August 2021. Higher mortgage interest rates and higher home prices have impacted monthly mortgage payments, causing some potential buyers to make budget adjustments, and others to press pause on their home search for the time being.

Home prices in our market are driven by supply and demand. Sellers are responding to the changes in the demand for housing and adjusting their prices according. This has caused the median sales price to come down from its peak of $602,250 in May.

August 2022 Ada County Inventory vs MSP

One factor contributing to lower sold prices is the fact that buyers are typically paying less than list price. The average original list price received for existing homes in August was 94.0%, so on average, buyers paid less than asking through a lower accepted offer, price reductions, or seller concessions. In August 2021, the average original list price received was 99.8%, or just under asking.

While interest rates still pose a challenge, other market conditions have continued to move the right way for buyers — slower price growth, more options, and more time to decide before submitting an offer. Speaking of time, homes that sold in August spent an average of 29 days on the market before having an accepted offer, a much more normal market time compared to the 14 days average in August 2021.

Options abound with 2,374 homes available for purchase at the end of August, allowing buyers who were sidelined when the market was ultra-competitive to resume shopping for their next home. However, the current supply of homes is more nuanced than it appears at first glance.

We're not out of the woods yet when it comes to inventory. Months Supply of Inventory, or MSI, is our best gauge on how well supply is keeping up with demand. MSI jumped up as demand cooled in recent months, but it held steady at 2.8 months in July and August. A balanced market, or one that doesn't favor buyers or sellers, is typically 4-6 months of supply.

So, what does this mean for buyers and sellers?

According to the economists at Realtor.com, fall may be the best time to purchase a home, and this year is looking especially attractive since there are more options available, more time to make decisions, and home prices have trended down.

Homeowners are enjoying record high equity, and despite the recent decrease in home prices, sellers are still receiving great values for their homes. The market has normalized and isn't nearly as competitive as it was in 2020 and 2021, so if you list your home for sale, don't expect bidding wars, offers waiving all contingencies, and the home to go under contract within a few days. However, there are still things you can do to stand out. Ask your real estate agent how they'll market your listing, their expertise on pricing strategy, and what incentives you can offer to attract as many buyers as possible.

Whether you're ready to buy today or would like to purchase within the next two, five, or even ten years, work with trusted advisors to make a plan to reach your goals. Taking important steps today, such as improving your credit, researching down payment programs, and saving for your down payment in a tax-sheltered savings account can really make a difference when you're ready to make a move.

To view the Treasure Valley homes currently for sale, CLICK HERE.

August
11

Economic News from Idaho Central Credit Union

 

 

Unexpectedly Strong Job Gains Across the Board

With the release of last week's Employment report, the United States reported unexpectedly strong job gains across the board. With this stronger than expected economic data, mortgage rates received an unfavorable reaction.

Overall, the key labor market report far exceeded the forecasts. Thus, mortgage rates ended the week higher.

Employment Report Reveals Unexpectedly Strong Job Gains

Every month, the Employment report represents the most highly anticipated data. With Friday's release, the data revealed unexpectedly strong job gains. Against a consensus forecast of 250,000, the economy gained 528,000 jobs in July 2022. Notably, leisure and hospitality displayed the best performance with a gain of 96,000 jobs. Now, the economy holds more jobs than in early 2020, prior to the pandemic.

Meanwhile, the unemployment rate fell from 3.6% to 3.5%. While unemployment fell below the consensus forecast, it also matched the lowest level since 1969. Additionally, investors and analysts look to average hourly earnings for wage growth indications. Overall, the latest average hourly earnings report showed an impressive 5.2% higher than a year ago, well above the consensus forecast.

ISM Reporting Paints Picture of Shifting Consumer Spending

Aside from the unexpectedly strong job gains, the most recent economic indicators from the Institute of Supply Management (ISM) painted a picture of shifting consumer spending habits. The national services sector index ended several straight months of declines with an unexpected jump to 56.7, well above the consensus forecast of 54.0.

By contrast, the national manufacturing sector index posted an expected drop to 52.8. Still, levels above 50 indicate sector expansion. Consistent with other recent data, these two reports suggest that consumers are purchasing more services and fewer goods.

Investors Anticipate 75-Basis Point Increase in September

Following news of unexpectedly strong job gains and an expanding National Services Sector Index, investors anticipate another large rate hike in September. Last week, most investors priced in a 50-basis point rate hike. Currently, the majority price in a 75-basis point increase while debating next year's events.

Presently, investors plan for additional rate hikes later this year. Meanwhile, next year should lead to rate cuts as economic growth and inflation decline. Federal Reserve comments suggest that investors price too high a probability of rate cuts next year given the uncertain inflation outlook.

Looking Ahead After Unexpectedly Strong Job Gains

After the unexpectedly strong job gains, investors watch for additional Federal Reserve guidance on the pace of future rate hikes and bond portfolio reduction. Beyond that, they focus on the inflation data.

The Consumer Price Index (CPI) was released on Wednesday. Investors and analysts widely follow CPI for price changes covering a broad range of goods and services. Also, the Producer Price Index (PPI) comes out on Thursday of next week. PPI measures price changes for intermediate goods used to make finished products.

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We understand that no two paths to buying a home are the same. Whether you're a first-time homebuyer or a seasoned real estate mogul, we have a variety of products and loans designed specifically to meet your needs. We offer local underwriting and fast approvals to save you time and money. We have options for down payments and additional resources like our Finally Home! online program to help guide you through the home buying process. Contact one of our home loan specialists to discuss your options today!

 

August
10

Median Home Prices Fall Slightly from June

From our Friends at Boise Regional REALTORS®

Home Prices Adjust to Market Changes

The median sales price for homes in Ada County was $589,990 in July, down 0.4% from June but 9.3% higher than July 2021. Buyers who purchased in recent months faced larger monthly mortgage payments due to higher mortgage interest rates and home prices, which has had a cooling effect on the demand for housing. As a result, home price growth and sales have slowed.  

This point is made more obvious when looking the existing/resale segment, which had a median sales price of $549,000 in July, a 3.7% decrease from the previous month, but a 4.6% increase from a year prior. The existing segment can react more quickly to changes in what buyers are willing or able to pay in contrast to new construction which must factor in land, labor, materials, and other fixed costs into the final home price.  

The month-over-month price declines indicate that the local housing market continues to be driven by supply versus demand, not speculation like we experienced over a decade ago. As demand decreases and supply increases, prices are responding accordingly.  

There were 2,408 homes listed for sale at the end of July, a 128.2% increase from July 2021, and the highest level of inventory we've seen since September 2015. Even with the uptick in inventory, the months supply of inventory in July was 2.8 months, meaning, if no additional homes were listed, the supply of homes would run out in about three months. A "balanced" market, or one that does not favor buyers or sellers, is typically between 4-6 months of supply.  

July also marked the fifth consecutive month of year-over-year declines in the number of sales. There were 685 closed home sales last month, down 33.8% compared to July 2021. There have been 5,370 total sales year-to-date, 707 fewer, or 11.6% less, than this time last year.   

Metrics that indicate competition in the market continued to show signs of normalizing in July. Focusing on the existing/resale segment, homes that closed last month spent an average of 21 days on the market before going under contract, compared to 11 days in July 2021. Additionally, the average original list price received for existing homes in July was 95.6%, which means that on average, buyers paid less than asking through a lower accepted offer, price reductions, or seller concessions. In July 2021, the average original list price received was 101.3%, meaning that on average, buyers paid more than asking price.  

Higher mortgage interest rates have done what the Fed intended and cooled demand for housing, which in turn, has also slowed sales and price growth. However, it's important to remember that 2020 and 2021 were out of the norm for our market — we experienced a surge of demand for housing while we had record low inventory, which drove home prices up at a very rapid rate. Today, we're in the midst of a shift to a more normal market, one where bidding wars are less common, buyers have more time and choices, and appraisals and home inspections don't have to be waived in order for an offer to even be considered.

Whether you're ready to buy today or would like to purchase within the next two, five, or even ten years, work with trusted advisors to make a plan to reach your goals. Taking important steps today, such as improving your credit, researching down payment programs, and saving for your down payment in a tax-sheltered savings account can really make a difference when you're ready to make a move.

To view the Treasure Valley homes currently for sale, CLICK HERE.

July
15

For the Third Time, CB Scores Top in Agent Satisfaction

Coldwell Banker Scores First in Agent Satisfaction. Again.

Confucius said, "Choose a job you love, and you will never have to work a day in your life." 

The real estate professionals across the Coldwell Banker brand are passionate about their industry – and about their brand. For the third time, Coldwell Banker Real Estate ranked #1 in agent satisfaction in the annual "Agent Priorities" report conducted by Quester.

Designed to keep what's important to agents top of mind, the report zeroes in on topics such as work/life balance, brand image, support, tools, and culture. Knowing what makes an agent more likely to stay with a company is a key component in what brokerages can do to foster positive work environments and grow their agents' businesses.

On a local level, Coldwell Banker Tomlinson combines the strength of the national tools with additional services designed to help our Realtors® list, sell, and learn.

Full-time managing brokers are in place to provide immediate assistance. Offices are staffed with Agent Services Experts (ASEs) to help with marketing, paperwork, and training. A company-wide marketing team is in place to create campaigns that support current market trends, listing types, and services.

With continuing education an important aspect of any business, Coldwell Banker Tomlinson offers in-house classes, regular lunch 'n' learn trainings, continuing education at no cost, and national certifications and classes.

To read the results of the report, visit the Coldwell Banker Blue Matter blog.

July
14

Strong Job Gains in June

 

 

More than 350k Jobs Added to the Economy in June

Job Gains were better than predicted despite a consensus forecast of just 250,000, the economy added 372,000 jobs in June. This growth is right in line with the gains seen over the last few months. The unemployment rate held steady at 3.6%.  This is just above the lowest level since 1969. Average hourly earnings, an indicator of wage growth, were an impressive 5.1% higher than a year ago. Although it was down from an even larger annual rate of increase of 5.3% last month.

Job Gains Show Labor Market Strength

The JOLTS report measures job openings and labor turnover rates. The latest JOLTS report indicated that the labor market remains very tight. At the end of May, there were a massive 11.3 million job openings. This is down a little from the record high in March, but over 4 million more than in January 2020 prior to the pandemic.

There were 1.9 job openings for every unemployed worker. High level of openings reflects a strong labor market, as companies struggle to hire enough workers with the necessary skills. A very large number of employees also willingly left their jobs in January. This signals strength in the labor market. Workers usually quit only if they expect that they can find better jobs.

Job Gains Grew as Did Mortgage Rates

Job gains may mean a stronger labor market, but not necessarily a stronger economy. The minutes from the June 15 Fed meeting released last Wednesday significantly contained no surprises. To help the economy recover from the pandemic, the Fed put in place extremely loose policy measures. With the recent surge in inflation, officials have begun to tighten. The minutes confirmed that fighting inflation is the primary goal now.

Aggressive rate hikes likely will continue, even at the risk of slowing the economy. When the federal funds rate has climbed to a more "neutral" level, meaning it neither boosts nor restrains economic growth. Moreover, officials will evaluate whether to continue tightening to a restrictive stance. The minutes emphasized that the Fed wants to prevent expectations for a long cycle of higher prices from becoming "entrenched."

Looking A Head at Inflation & Retail Sales

Looking ahead, job gains aren't the only thing investors are keeping an eye on. They will continue to look for additional Fed guidance. Investors are keeping an eye on the pace of future rate hikes and bond portfolio reduction. Beyond that, the Consumer Price Index (CPI), was released on Wednesday. CPI is a monthly inflation indicator that looks at price changes for a range of goods and services. Retail Sales will come out on Friday, a key indicator of the health of the economy. Consumer spending accounts for over two-thirds of U.S. economic activity.

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We understand that no two paths to buying a home are the same. Whether you're a first-time homebuyer or a seasoned real estate mogul, we have a variety of products and loans designed specifically to meet your needs. We offer local underwriting and fast approvals to save you time and money. We have options for down payments and additional resources like our Finally Home! online program to help guide you through the home buying process. Contact one of our home loan specialists to discuss your options today!

 

July
13

Cooling Demand Slows Home Price Growth

From our Friends at Boise Regional REALTORS®

Median Sales Prices Drop Slightly in June

After passing the $600,000 mark in May 2022, the median sales price for homes in Ada County dropped to $592,090 in June. This was 12.8% higher compared to the same month a year ago. Since 2005, the average year-over-year percent change in home prices in Ada County has been 8.1%.

MSP and Percent Chg YOY - June 2022

The incredible price growth we've seen since the onset of the pandemic was fueled by a rapid increase in demand for housing as people transitioned to remote work, the continued household formation of millennials, and historically low mortgage interest rates. With an already undersupplied housing market prior to the pandemic, prices shot up as demand outpaced supply.

We've seen the buyer pool shrink due to higher mortgage rates and home prices. Cooling demand has given inventory a chance to catch up a bit, giving the remaining buyers more options.

There were 2,135 homes available for sale at the end of June, a 192.9% increase from June 2021, and the highest inventory we've seen since September 2016. Even with the welcome inventory gains, the months supply of inventory in June was 2.4 months. A "balanced" market, or a market that does not favor buyers or sellers, is typically between 4-6 months of supply.

Metrics that indicate competition in the market continued to show signs of normalizing. Focusing on the existing/resale segment, homes that closed last month spent an average of 14 days on the market before going under contract, compared to 10 days in June 2021. Additionally, the average original list price received for existing homes in June was 98.4%, which means that on average, buyers paid less than asking through a lower accepted offer, price reductions, or seller concessions. In June 2021, the average original list price received was 103.9%, which means on average, buyers paid more than the asking price.

The housing market conditions we experienced for the last two years were unique. Historically low inventory, coupled with rampant demand, resulted in above-average price growth and a highly competitive market. The changes we're seeing in price growth, inventory, and slower market times is moving us toward a more normal market — one where bidding wars are the exception and not the rule, and buyers aren't having to make split-second decisions and waive contingencies for their offer to even be considered.

Sales also continued to lag in June. There were 818 closed home sales last month, down 16.0% compared to June 2021, and the fourth month of consecutive year-over-year declines.

As the market shifts, sellers may have to adjust their expectations slightly. Offers may not fly in within the hour or first day you list, and your home may not sell for over list price. This isn't necessarily a bad thing — in fact, it may make your experience less stressful, and sellers are still receiving great value for their homes. Your best bet for selling in today's market is to price your home appropriately, based on the relevant data, comparables, and expertise offered by your real estate agent, and then allow your agent to market your home on the multiple listing service to reach the widest audience possible.

Whether you're ready to buy today or would like to purchase within the next two, five, or even ten years, work with trusted advisors to make a plan to reach your goals. Taking important steps today, such as improving your credit, researching down payment programs, and saving for your down payment in a tax-sheltered savings account can really make a difference when you're ready to make a move.

To view the Treasure Valley homes currently for sale, CLICK HERE.

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 12/03/2022. The listing information on this page last changed on 12/03/2022. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of INTERMOUNTAIN MLS (last updated Sat 12/03/2022 11:18:43 AM EST). Real estate listings held by brokerage firms other than Coldwell Banker Tomlinson may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. --

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