Boise Ranked #3 for top markets with rising list prices!

The spring real estate season is bringing an uptick of optimism.  The national median list price of homes for sale has increased 5.56% over the last year, according to Realtor.com.  This “jump” brings the national median list price to the level it was 2 years ago.   Experts do note, however, that there is a large amount of homes which are being held back from the market by banks which may undermine the optimism.   However, the Greater Boise-Nampa Metro area currently ranks 3rd on the list.

The top 10 markets for rising list prices can be viewed below:

 

Location: Phoenix-Mesa, Ariz.

Year-over-year median list price increase (%)

23.45%

Median list price

$179,000

 

Location: Miami

 

Year-over-year median list price increase (%)

22.47%

Median list price

$269,000

 

Location: Boise-Nampa, Idaho

 

Year-over-year median list price increase (%)

19.73%

Median list price

$155,532

 

Location: Punta Gorda, Fla.

 

Year-over-year median list price increase (%)

17.50%

Median list price

$187,887

 

Location: Washington, D.C.-Md.-Va.-W.Va. (Md.)

 

Year-over-year median list price increase (%)

17.44%

Median list price

$270,000

 

Location:Washington, D.C.-Md.-Va.-W.Va. (D.C.)

 

Year-over-year median list price increase (%)

17.35%

Median list price

$399,000

 

Location: Santa Barbara-Santa Maria-Lompoc, Calif.

 

Year-over-year median list price increase (%)

15.95%

Median list price

$509,000

 

Location: Daytona Beach, Fla.

 

Year-over-year median list price increase (%)

15.47%

Median list price

$179,900

 

Location: West Palm Beach-Boca Raton, Fla.

 

Year-over-year median list price increase (%)

15.38%

Median list price

$225,000

 

Location: Naples, Fla.

 

Year-over-year median list price increase (%)

15.38%

Median list price

$375,000

 


Making your home “Market Ready”

Making your home “Market Ready”

Making an effort to clear out clutter to ensure that your home is as neat and tidy as possible before opening your door to potential home buyers is great advice when placing your home on the market.

A tidy home is “vital” when opening your home to potential buyers because most home buyers want to picture themselves someplace better and more beautiful than what they are currently living in now.  Buyers tend to want the perceived thought that if they move in the home it will still be organized, clean and attractive.  If a potential buyer walks into a cluttered home then that “feeling” will obviously not be felt.

Even if your home is in good structural and cosmetic condition yet still cluttered, potential home buyers will think that the home needs renovation which lowers the value of the home in the buyers mind.

I know, cleaning up isn’t always an easy task and parting with items that have an emotional value can be very difficult for a lot of people—me included. Most understand the need to de-clutter—it doesn’t cost much money yet does weigh on ones psyche.

Unfortunately, packing personal belongings into boxes that remain in the home isn’t much a solution since most potential home buyers will assume that there is not enough space within the home upon viewing boxes sitting in the corners of rooms.  Placing boxes into closets isn’t ideal, either, since buyers want to know that there is plenty of storage space contained within the home.

Getting prepared to move is a perfect time to get rid of un-needed items.  The advantage of ridding yourself of items that collect dust is that you are going to spend less money for someone to move you and you are also going to spend less money on storage.  Just don’t expect to de-clutter over a weekend—it takes most homeowners weeks, if not months, to complete the de-cluttering task. Remember, one step at a time!

Be ruthless . . . if you’re unsure about an item, GET RID OF IT!

 

Wonderful HUD Home for sale!

HUD HOME FOR SALE

2822 E Maryland Avenue  Nampa, ID  83686

Great neighborhood, great buy!!  Encompassing 4 bedrooms, 2 1/2 bathrooms and 2499 square feet, this HUD home for sale is located in a well-established community near medical services, shopping and I-84The main level has an office and the master suite with vaulted ceilings, dual vanities, a garden tub & walk-in closet. Interior amenities include: cathedral ceilings in the living room, transom windows, durable flooring, crown molding, recessed lighting, ceiling fans in every room & a wonderful kitchen w/gas range. The exterior has a covered back deck, sprinklers & 2 RV parking spaces.   Priced at only $126,000.  Call today to view the interior!

The seller of this HUD home for sale may provide a closing cost credit of 3% to be included with the purchase of this home.

An approximate monthly payment for this HUD owned Nampa home for sale at the asking price of $126,000 while placing 3.5% down (4.5% interest rate—taxes and insurance(s) included) would be at or around $955.00  monthly—why rent?!?  **qualified 1st time homebuyers may be eligible for programs which offer $500 down payment options**

Please visit https://trustidaho.com/search/#PropertyID=45889129 to view detailed information and additional photos of this HUD home for sale.

**INVESTORS—call me now if you’re sick and tired of your hard earned funds sitting in non-performing stocks or low interest bearing savings accounts.  The time is NOW to invest in real property that will obtain at least $650 per month in rental income (not to mention future pricing appreciation).

Interested in obtaining information on all HUD owned homes for sale?  I am happy to forward a list of available HUD owned homes within 24 hours upon obtaining your request.  Please call me at 208-869-3469 or send your request to:  matt@trustidaho.com

Call today for additional information or to view the interior of this or alternate HUD  homes for sale!

Ada & Canyon 1st Quarter Vacancy Report

The vacancy report was released and things are looking great for investors for this upcoming year.  Rental vacancy rates are still at record lows and rental pricing are nearing  record highs.  Additionally, there were over 8,000 new jobs added in the Treasure Valley.  Single family residences continue to remain at the lowest vacancy rate on record yet the vacancy rate for multi-family units (apartments, etc) has increased slightly.

Below you will find in-depth information which was provided by Park Place Property Management:

 

HUD HOME–GREAT PRICE!

HUD HOME–GREAT PRICE!!

1212 W Aberdeen Ave  Nampa, ID  83686

Hurry, deals like this won’t be around for long!!  Encompassing 3 bedrooms, 2 bathrooms and 1149 square feet, this HUD home for sale is located in a well-established community near medical services and shopping. The interior is open & bright and contains vaulted ceilings, plant shelves, recessed lighting, tile back-splashes, ceiling fans, window seats and a garden tub in the master bathroom. The kitchen of this HUD home for sale has a breakfast bar, pantry & refrigerator. The exterior contains a large storage shed, back patio & has RV parking with dual gates.  Priced at only $61,000.  Call today to view the interior!

The seller of this HUD home for sale may provide a closing cost credit of 3% to be included with the purchase of this home.  Priced at only $120,000!

An approximate monthly payment for this HUD owned Nampa home for sale at the asking price of $61,000 while placing 3.5% down (4.5% interest rate—taxes and insurance(s) included) would be at or around $462.00  monthly—why rent?!?  **qualified 1st time homebuyers may be eligible for programs which offer $500 down payment options**

Please visit https://trustidaho.com/search/#PropertyID=45519911 to view detailed information and additional photos of this HUD home for sale.

**INVESTORS—call me now if you’re sick and tired of your hard earned funds sitting in non-performing stocks or low interest bearing savings accounts.  The time is NOW to invest in real property that will obtain at least $650 per month in rental income (not to mention future pricing appreciation).

Interested in obtaining information on all HUD owned homes for sale?  I am happy to forward a list of available HUD owned homes within 24 hours upon obtaining your request.  Please call me at 208-869-3469 or send your request to:  matt@trustidaho.com

Call today for additional information or to view the interior of this or alternate HUD  homes for sale!