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Mortgage Rates Still Historically Low – Home Sales Continue to Rise - 08/31/09 01:35 PM
More of the same...but more of the same is now good news. While mortgage rates are still maintaining historic lows - a 30 year fixed-rate mortgage averaged 5.14 percent last week - home sales are still showing gains. Experts are saying that low mortgage rates are helping to stabilize the housing market by encouraging prospective buyers to take action while the rates remain low.
While rates did rise slightly - the average for the week prior was 5.12 percent - compared to last year, home loans are a steal. Last year at this time, the average rate was 6.4 percent.  Mortgage … (0 comments)

Boise Real Estate Featured in Time Magazine - 08/31/09 01:25 PM
An article in Time Magazine, "How the Housing Market is Fighting Its Way Back," by Barbara Kiviat dated August 10 (http://www.time.com/time/magazine/article/0,9171,1913763-1,00.html) highlights Boise real estate and the slow but steady emergence from rock bottom. A nice twist to the typical real estate article focusing on the glass-half-empty picture, this article instead starts out with a story about a young couple who benefited from the housing crisis.
The Roberts family, featured in the opening of this article, began looking for a home in 2006 in Boise but couldn't find anything they could afford. Last winter, among the crisis, they found a beautiful … (0 comments)

5106 Ormsby Ave. - 08/14/09 04:11 PM
3 - Bed
2 - Bath
Single Story
2 - Car Garage
1340 - Sq. Ft.
$107,000.00
This is a lovely super clean well kept home, awesome split bedroom design, roomy private master suite with walk in closet, great kitchen with raised snack bar, pantry, white appliances Includes sprinklers front and back, fully fenced and so much more.

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3180 S. Priest River Ave. - 08/14/09 03:01 PM
4 - Bed
2.5 - Bath
2 - Story
3 - Car
1606 Sq. Ft.
$220,000.00
This beautiful home has arched stucco pass thru and additional stucco accents on front, vaulted living room and a family room, breakfast bar, corner pantry, fireplace, wood wrapped windows, walk in closet, family room has large windows, main level 4th bedroom makes great office,  fully fenced, automatic sprinklers and much, much more.

 
 
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Banks under Fire for Rise in Foreclosures - 08/14/09 12:42 PM
According to the latest reports by RealtyTrac, a record 360,149 homeowners received a foreclosure notice in July - a whopping 7% increase over figures from June. Despite recent good news about an increase in existing home sales and stabilizing home prices, the foreclosure crisis itself doesn't seem to be easing up.
The government - both Federal and State - continue their efforts to create alternative solutions for homeowners in distress. Just two weeks ago, the Obama Administration released statistics about the number of homeowners who have been offered assistance under a number of the programs available to help prevent foreclosure, in … (0 comments)

16201 N Blackcomb Dr. - 08/07/09 02:03 PM
3 - Bed
2.5 - Bath
2 - Story
2 - Car Garage
1804 Sq. Ft.
This adorable home is  a very popular floor plan, this home features a 3 bed, 2.5 bath, with a large bonus room over the garage, large open living room, dining area, fully fenced, full sprinklers front and back and its only a block from the community park which has a kids playground and basketball courts.

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Housing Prices on the Rise - 08/07/09 01:37 PM
According to the Case-Shiller index, home prices rose by half a percent nationally in June. That's good news for homeowners hoping to sell in the next few years, because it indicates that the housing market could be finally making a turnaround. For those wanting to make an Idaho real estate investment, this means that time is running out to take advantage of rock-bottom real estate prices.
While the government is continuing to promote incentives to help new homebuyers make their first real estate investment, a total economic rebound will eventually lead to recovered prices and higher interest rates. Yes, we're still … (0 comments)

 
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Mervin Hanover

Nampa, ID

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RE/MAX Advantage

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