idaho real estate: Lenders Starting to Show More Flexibility with Lower Credit Scores - 10/24/13 05:12 AM
The average credit score among borrowers who received a mortgage in September was 732, down from a peak of 750 a year prior, according to new data released today by Ellie Mae, which provides mortgage lenders with loan origination systems. That’s also the lowest average credit score since the company started tracking this data in August 2011. In addition, a greater share of borrowers have lower credit scores. Thirty-two percent of mortgages doled out in September went to borrowers with an average FICO credit score (the measure used by most lenders) of less than 700 compared with 17% a year ago, … (0 comments)

idaho real estate: List Your Home First or Find Your New Home First? - 10/02/13 04:57 AM
In some instances, individuals become motivated to sell once they've landed on that special house and have determined a time frame for purchasing. The question remains however, should you first list your existing home for sale before putting an offer in on the new one? It's a question that plagues many buyers.
The common wisdom among real estate professionals is that the best way to move forward is to put the existing home on the market, then begin to narrow down the scope of homes one wishes to buy. Why?
When a buyer submits an offer on new property without having their existing home for … (1 comments)

idaho real estate: The Demise of the Formal Dining Room vs. Outdoor Living - 08/02/13 12:28 PM
With the uptick of the housing market in Boise, Idaho , I've had the pleasure of taking a number of clients through new construction vs. existing homes more so than in the previous five years. This is due to the lack of inventory of existing residential property leaving buyers no other choice but to look at both. In my travels I have observed a growing trend among builders, which I'll assume is a reflection of buyer taste, and that is very few homes the lower and mid price levels ( $ 150,000-$275,000 ) have any semblence of formal dining rooms.
Is … (44 comments)

Liam Spencer, Spencer Group Realty (Spencer Group Realty)

Liam Spencer

Spencer Group Realty

Boise, ID

More about me…

Spencer Group Realty

Address: 1099 S Wells St, Suite 200, Meridian, ID, 83642

Office: (208) 866-9727

Mobile: (208) 850-9150

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