Cleaning Up The Air Before The Feds Come In - 07/31/08 11:55 PM

Looks like some state and local officials are looking at options for cleaning up the air before the Federal Government steps in: http://www.idahostatesman.com/localnews/story/456573.html.
My question is why did they wait until they have to?  We've known it's a growing issue.  You can see it, taste it and feel it when you breathe it in.  So why does it take the threat of Federal Government stepping in to get our leaders off their rears to do something about it. 
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Thinking of Buying a Short Sale - 07/30/08 04:38 PM

I primarily represent the seller's in a short sale situation.  Most of the my previous post have been advising them on how to approach the process.  Lately it seems to be the biggest buzz word buyer's are using.  Everyone wants a bargain and the Treasure Valley has a fair amount of them out there.
So if you're thinking of taking the plunge I say go for it!  Just keep a few things in mind:
1.  There is nothing short about a short sale.  Short simply imply's you are trying to get the lender to accept a payoff short of what the borrower owes.  A typical short sale … (0 comments)

Have questions about the Hope for Home Owners Act of 2008 - 07/30/08 04:04 PM

Here is a good link to an article in question and answer format for home owners trying to fend off foreclosure: http://news.yahoo.com/s/ap/20080730/ap_on_bi_ge/mortgage_relief_q_a;_ylt=ApfIlH5g.Kc5bqcJ0l3bmicOr7sF.
Since a lender's participation in voluntary the effectiveness of is going to be hard to determine.  If you are facing foreclosure the first call you should make is to the lender.  The earlier in the process you get them involved the more options are going to be available to you. 
If you're in trouble and want some professional advice please give me a call.  My first priority is providing a workable soltuion for my clients and it won't … (0 comments)

Two Major Indexes Report Record Drops In Home Pricing - 07/30/08 12:44 PM

According to two housing indexes closely watched by analysts home prices hit a record drop.  The Standard & Poor's/Case-Shiller 20-city index reported a drop of 15.8 percent in May and the The 10-city index fell 16.9 percent.  Read the full article here: http://news.yahoo.com/s/ap/20080729/ap_on_bi_ge/home_prices.
What does this mean in the Treasure Valley?  Well almost what it means nationwide.  The market is moving backwards.  If you are selling it is going to become mission critical to know what good comparable homes are selling for.  Right now comps older than 3 months are unacceptable. 
Once you have good solid comps, get accurate information on how … (0 comments)

High Gas Prices Are Hurting Idahoans - 07/29/08 06:05 PM

Whether you followed Bill Sally's request to send your gas recipets to house speaker Nacy Pelosi or one of the 1200 to speak out to  Congress on the pain at the pump, the hurt is real.  The Idaho Statesman ran an article with quotes recieved by Sen. Mike Crapo and no doubt Idahoans are feeling the pinch  read the full story here:  http://www.idahostatesman.com/localnews/story/454613.html.
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Expansive Growth Causing Problems With Our Air - 07/29/08 05:09 PM

Unofficially the Treasure Valley has exceeded air standards in Idaho.  The large growth in the area no doubt contributes to the large amount of air pollution we are all dealing with.  According to the Idaho Statesman we have exceeded EPA standards for ozone levels putting us over the allowable three year average of 75 parts per billion.
Read the full article here: http://www.idahostatesman.com/localnews/story/454972.html
 
 
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The Road To A Housing Recovery... - 07/07/08 11:31 AM

Is the housing market on the road to recovery?  According to this Yahoo real estate article the stars are aligning and the road to recovery is being paved by aggressive prices being offered on new construction and the lowest level of new build starts in years: http://promo.realestate.yahoo.com/on-the-path-to-a-housing-rebound.html.
How does that pertain to the local market in the Boise area, well signals are mixed while the average price of a home in the Treasure Valley has fallen, the inventory level has been climbing.  If you're a builder and looking for sings of a stabilizing market the lower number of housing starts … (0 comments)

 

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