I feel prices are about to rise in Boise

By
Real Estate Agent with Gold Key Real Estate

Call it a gut instinct.  Maybe it is a little more then an instinct.   I have some buyers and each day their search shrinks by one or two houses a day.  I am getting a little nervous.  This reduction of homes at the low end of the market signals a price rise.  The less homes available the more they will be bid up.   As the selling price rises we all price our listings just a little higher.   

This happened last year.  Eventually people got greedy and the prices dropped a bit.  But a search that started with 90 houses now has 70.  Most of them bad.   I am beginning to fear that my buyers might wait long enough that they are priced out of the market.    

They were supposed to take a day off but its been 8 days.   The best homes are gone and new ones are not showing up to take their place.  Therefore I feel the prices are about to rise in Boise,

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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Idaho Ada County Boise
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Tags:
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John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Good morning Debbie.  We REALTORS normally have good gut instincts.  I know the Albuquerque market is very busy.  Buyers are out and sellers are listing.  Proof just check out my post today.

Feb 01, 2014 12:10 AM #1
Rainmaker
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Debbie Holmes
Gold Key Real Estate - Boise, ID
Gets the job done!

John,  I did comment on your post just now.

Feb 01, 2014 12:14 AM #2
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Rainmaker
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Debbie Holmes

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