Thursday, March 1, 2012

Idaho Home Buyers Ride Perfect Storm!

When all conditions combine to make a perfect time to buy Idaho property, I call it the Idaho Home Buyer's Perfect Storm.

The first condition is the low, low prices of homes in the Boise-Nampa Metro Area. I am also seeing that the downward spiral in Idaho housing prices that we have been experiencing then past several years is starting to stabilize.

The second condition is historically low interest rates for Idaho homebuyers. These are rates we thought would never be seen again, they increase your buying power tremendously by lowering bowering costs and monthly payments.

Thirdly, FHA is scheduled to increase mortgage insurance premiums in April, you need to get that new home found now and your loan locked.

Don't be one of those who look back to March of 2012 and wish you had bought then! Contact me today, today's buying storm may do as the old refrain, March comes in like a lion and goes out like a lamb.

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