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boise idaho real estate: We have upgraded our website navigation! - 11/20/09 08:42 AM
It took a bit of work - but we have upgraded our website:  http://www.43re.com

Please take a look at the new site layout and let us know what you think! We have lots of information on our site - but it was overwhelming before. hopefully it is easier to get around now.
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boise idaho real estate: South West Boise Idaho Real Estate Market Update - 02/12/09 08:25 AM
Market Update for South West Boise Idaho Real Estate Market - reffered to as "South of the Freeway"
 
Note: MLS areas 500 (S. Boise), 550 (SW Boise), 1000 (SE Meridian) & 1010 (SW Meridian)
We have found that the statistics are pointing to a market imbalance that is quickly approaching. There ARE NO NEW STARTS to speak of in the semi-custom home market and we could conceivable be out of New Construction inventory within 6-9 months. Given the lag time to build supply back into the market, we see a possibility to a change in the overall marketplace given the reduction in … (0 comments)

boise idaho real estate: Short Sales Affecting Market Perceptions in the Boise Idaho Real Estate Market - 01/18/09 11:13 AM
Short sales have got to change here in Boise Idaho real estate market! The fact that an agent is allowed to price a home at any price and get away with it by saying "subject to lender approval" in the comments is maddening. The problem is the prices that are being posted to the market do not represent reality. Less that 15% of the short sales are actually closing, yet short sales make up over 15% of the active market. So, buyers are getting a false sense of what the market truly is. They are making exceptionally low offers based on … (2 comments)

boise idaho real estate: Growth and Housing - 12/31/08 03:56 PM
It is said that the United States needs to produce approximately 1 Million housing units annually just to keep up with demand. Demand comes from Marriage, Divorce, migration, immigration, etc. This year the United States has built the same number of units as in 1959. In 1959 the US had 179 million people. We now have about 310 Million.
Boise adds approximately 8,478 new residents every year. It is projected that our population will be around 762,981 by the year 2020 (in 2006 we were at 559,095).
What does all this mean? Well, the basic rule of supply and demand is this - all shortages are followed by gluts... … (2 comments)

boise idaho real estate: Real Estate is still a good investment in Idaho! - 12/31/08 03:29 PM
This morning I read an article in the Idaho Business Review that discussed home price value declines. It states that  Idaho is "in the middle" in terms of home price declines. There were 24 states that declined as much or less than in Idaho and there were 25 states that fared worse or had higher price declines.
The Boise-Nampa area was reported as having fallen 6% from a year ago.
Now compare that to other investment vehicles and you can see why housing is still a good investment:
S&P - was down 39.3% from a year ago as of yesterdays close
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Jeff Martel

Eagle, ID

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43 Degrees North Real Estate

Address: 7400 West State Street, Boise, ID, 83714

Office Phone: (888) 452-5257

Cell Phone: (208) 860-3696

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Boise, Idaho Real Estate


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