Occasional posts about Boise, real estate, and things that catch my mind... I love it here, and sometimes I just need to tell you about it!
ARCHIVED BLOG POSTS
With all the talk about mortgages resetting and people losing their homes to foreclosure, there has also been a corresponding rise in foreclosure scams across the country. The Boise real estate market hasn't been hit the way many parts of the nation have, but there has been an increase in the nu...
The housing and real estate markets are cyclical. I know that the local paper and the National press haven't reminded you of that fact, preferring instead to trumpet the doom of falling home prices and slowing building starts. But trust me, the market IS cyclical, and every up-swing is followed...
I wanted to make a little closer look at the numbers for last year, now that we're into January. In Ada County we finished 2007 -34% in homes sold compared to 2006, and off 33% in total sales dollars. For the year, the median price was off 2%, most of which happened in the last few months as th...
As expected, December home sales have come in as the lowest in 2007. Single family homes in Ada County for the month totaled 372, according to MLS data. That compares quite favorably to November's 388, but it is still 38% fewer than December a year ago, and for the year leaves us down about 36%...