Horse Property-New Listing

Just listed this nice horse set-up, located north of Middleton with 2.99 acres. Complete with 4 stall horse barn, dry pen, auto-frost free waterers, large arena. House has been completed updated, if you are looking for horse property-come take a look!

The Barn



Priced at $269,000 Give me a call for more information. MLS#98574769

#1 Reason to Sell Now!

If you are one of the many homeowners out there who are debating putting their home on the market in 2015, don’t miss out on the opportunity that currently exists. There will be significantly less competition in the winter months than in the spring. According to the National Housing Survey released by Fannie Mae, 45% of homeowners “say mortgage rates will go up in the next 12 months.” What Does This Mean? Homeowners are unaware that interest rates are projected to go up by all four major reporting institutions – This is big news for move-up buyers reflecting the overall amount of housing inventory that will be on the market. If existing homeowners believe that mortgage interest rates are not going to increase, then they won’t be inclined to make a move by putting their home up for sale, meaning less competition for sellers who list now. Don’t Wait! The study also revealed that: “Those who say it is a good time to buy a house rose to 68%” & “the share of respondents who think it would be difficult to get a home mortgage today decreased by 3 percentage points.” As Doug Duncan, senior vice president and chief economist at Fannie Mae explains: “We expect consumer attitudes toward housing to improve as the pickup in the overall economy lifts employment and income prospects.“ Bottom Line There are buyers out there who are ready to make a move. If your goal this year is to move up to your dream home, what are you waiting for?

 

Freddie Mac: 2015 Home Sales to Hit 2007 Levels

 

According to Freddie Mac’s latest U.S. Economic & Housing Market Outlook, U.S. home sales in 2015 will show increase to the numbers associated with a normal real estate market. Here is their projection:

“We are projecting a 4 percent rise in sales to 5.6 million, which would mark the highest level of annual sales since 2007.”

And their optimism was seconded by both the National Association of Realtors (NAR) and the Mortgage Bankers Association (MBA). It seems that an improving economy and jobs market will mean a very healthy housing market.

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Do you fit the description of a first time home buyer?

 



There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family. Others may think they are too young. And still others might think their current income would never enable them to qualify for a mortgage. We want to share what the typical first time homebuyer actually looks like based on the National Association of REALTORS most recent Profile of Home Buyers & Sellers. Here are some interesting revelations on the first time buyer:

Bottom Line

You may not be much different than many people who have already purchased their first home.

From the KCM Blog

Buyers Look West to Canyon County

Home sales fell nearly twice as much as normal from October to November in Ada and Canyon counties, according to the latest report from the Intermountain Multiple Listings Service. But Jere Webb, associate broker at Downs Realty in Eagle, says he doesn't take much stock in month-to-month swings. More revealing, Webb says, are the year-to-date totals, which show Ada County will fall short of its 2013 sales while Canyon County will top its 2013 numbers.

"People are looking for the lower price point," Webb says. "Prices have gone up enough in Ada County that people are heading west for cheaper houses."

Webb says that the Treasure Valley's price growth, which is modest compared with 2012 and 2013 gains, shows the market is settling into a healthy growth period rather than a boom that could lead to another real estate bubble.

 



 

Thanks to the Idaho Statesman

Rents are Rising, time to buy!

 

Finding apartments and rental homes has been tough in the Treasure Valley since late 2010, when vacancy rates fell below their historical averages of 5 or 6 percent. The Valley's total vacancy rate fell to 2.6 percent in September, according to the Southwest Idaho Chapter of the National Association of Residential Property Managers. The average monthly rental price for apartments in Canyon County jumped 23.4 percent from one year earlier, to $691, thanks to increased demand, according to the chapter's analysis of its third-quarter survey of rental management companies. The average cost of Canyon County single-family homes rose 13.2 percent to $960. Ada County increases were smaller. Average apartment prices increased 5.3 percent to $679, and single-family homes stayed flat at $960.

Courtesy the Idaho Statesman

Ada County Market November Snapshot