Before I get into inciting a revolt, let me give you the quick snapshot of our market here in Boise Idaho. Here in the Boise Idaho Real Estate Market, our sub- $200,'s market has really come alive. Lots of transactions, lot's of activity - Finally stability - HALLELUJAH! In the $200's to 300's things are starting to look better - not as good as below $200,000, but better. Above $300,000... not so much. Get into the upper-end homes above $600,000 and it's dead. Only the Bank Owned homes that cost over a million to build and are now selling in the $500's are moving...and moving fast! Multiple offers are now common on the Bank-owned properties.
So, back to the tile - it's time for a REVOLT! What do I mean? Well, we all hate not having control of a situation and any homeowner who wants to sell their home right now and is priced above $300,000 really has no control. So, collectively let's all take control of this situation. Most of these houses could never be rebuilt for the prices they are currently being dropped to so it's not that they are over-inflated - it's that the market is only wanting the entry-level pricing. So here is my 2009 revolt plan - but we need everyone on board - every homeowner who wants to sell and every agent wanting to help those houses sell. Collectively we all STOP lowering the prices and then we go the other way - RAISE PRICES. Put in the remarks that " The price of this home will go up by $1,000 per week until it's sold!". Boy, that will get the markets attention - don't you think. Let's shout out that we are done lowering our prices - if everyone joins in the buyers will have to jump in or they will miss the opportunity.
I am a contrarian with a dream... who's with me?
A New Direction In Real Estate
Jeff Martel | Broker / Marketing Director
7400 West State Street, Boise Idaho 83714
Cell: 208.860.3696 | Fax: 888.452.5257
Resale Division: http://www.43re.com
New Home Division: http://www.NewConstructionBoise.com
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