The market has turned in Boise Idaho

By
Real Estate Agent with Gold Key Real Estate

 

The market has turned in Boise Idaho…

 

This spring has been tough for me… The market seems to be a sellers market… The prices at the low end of the market have gone up and there are multiple offers… I am having trouble locating property for my first time homebuyers.  I am looking into special city programs… Last year when I pulled up homes under $120K there were 40 or 50 of them with the 3 bed. 1.5 bath… Today there are 4…  Since I seem to specialize in that market it is hard but I am working hard to find creative solutions for my buyers…  I have made several offers for  different clients (some above asking price) and only have one succeed.  I am educating my buyers ab out the change in the market.

 

On the listing side things seem to be good.  I had to pull a listing for repairs and I kept it off for the 31 days so it showed as new.  I had an offer on day 1.  I ran an open house where 20 family units came through.  I settled on Sunday and before I could put it pending I had 2 realtors call me wanting to put in offers.  I had more activity in 4 days then I had in 3 months. I also settled for much higher then the other contract.  This tells me the market is changing. 

 

It will be an interesting time for me.  I have never worked in an up market.  I went into real estate just as the market started to flatten out.  I am really good in a down market.  I need to see if I can work a up market. 

 

So if you want a great agent who works hard give Debbie Holmes a call.

 

Posted by

  Debbie Holmes

Gold Key Real Estate     Company logo

(208)761-2551 Email: d5holmes@msn.com

To search Boise Homes visit my website

 

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Tags:
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Rainmaker
1,543,006
Mike Cooper, GRI
Cornerstone Business Group Inc - Winchester, VA
Your Neighborhood Real Estate Sales Pro

Well, Debbie, if you learned how to tough it out in a bad market, the good market will be breeze (except for the whole multiple offer thing).   Have a great 2012!

Mar 25, 2012 03:32 AM #1
Rainmaker
200,319
Debbie Holmes
Gold Key Real Estate - Boise, ID
Gets the job done!

Thanks Mike.... Been a hard start of the year for me for several reasons but I am hopefully getting back into the groove.

Mar 25, 2012 03:35 AM #2
Ambassador
1,496,577
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Get your surfing gear on Debbie.... If the tide turns full force you're in for a wonderful ride my friend!  Surfs up in Boise Idaho!

Mar 25, 2012 03:54 AM #3
Rainmaker
200,319
Debbie Holmes
Gold Key Real Estate - Boise, ID
Gets the job done!

Thanks John!  Lets see if I blog tomorrow!

Mar 25, 2012 03:57 AM #4
Rainmaker
484,123
Cindy Westfall
Premiere Property Group,LLC Portland Metro & Suburbs Oregon - Tualatin, OR
ABR,GRI Your Tualatin & Portland Metro Real Estate

Hi Debbie, Both Mike and John are correct....you will do great! Having a rough year with personal stuff  can take a lot out of us....but you're still here, so I predict that your going to do well. I have a feeling that we are all going to be in for a bit of a different kind of ride this year. I can see the tables turning in Portland as well!

Mar 25, 2012 01:37 PM #5
Rainmaker
1,233,160
Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

Debbie * very exciting news - both your new mentoring project and trip to China!

Apr 13, 2012 08:18 PM #6
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Rainmaker
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Debbie Holmes

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