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HOUSING STARTS UP 14.6% IN JUNE!

HOUSING STARTS-UP’S UP 14.6% IN JUNE TO 629,000! According to Commerce Department information, housing start-ups increased 14.6% in June which show continued gains in comparison to previous months.  The housing start-up data came in well above analysts’ expectations. Analysts polled were expecting housing starts to come in at 580,000 for June.  However, housing start-up’s increased […]

MORE ON FORECLOSURES

MORE ON FORECLOSURES  FHA lenders can now allow homeowners to go 12 months late before a mortgage is declared in default.  The old requirement was 120 days.  This has advantages and disadvantages to the homeowner. The main advantage is more time for homeowners to try and work something out, and thereby save their home. It is still […]

Foreclosures Plummet in First Half of 2011

Foreclosures Plummet in First Half of 2011 The first half of the year saw foreclosure filings falling dramatically as processing delays at banks strapped with an overabundance of repossessed homes continued to alter the numbers. Filings for foreclosures went down 29% in comparison with the same period a year ago—down 25% from the last 6 […]

Ada County Real Estate Update

In Ada County, there were 623 homes which changed hands in June—a decrease from June 2010 of 6%.  June of 2011, in comparison to May of 2011, had 4% more homes change hands.  Historically, however, May sales increase somewhere between 1% and 6%.  2011 sales are within 3% of sales in 2010 for the same […]

Bank Owned Meridian Home for Sale (HUD)

Bank Owned Meridian Home for Sale (HUD) 1186 W White Sands Drive  Meridian, ID  83646 Amazing bank owned Boise home for sale (HUD) located within an established neighborhood just a hop, skip and jump from Boise and site on a private corner lot with no back rear neighbors.  This bank owned Meridian home for sale, […]

Bank Owned Meridian Home for Sale

Bank Owned Meridian Home for Sale 4951 N Red Hills Ave  Meridian, ID  83646 Amazing bank owned Meridian home for sale located within the established Saguaro Canyon community and backing to the neighborhood elementary school.  This bank owned Meridian home for sale, containing 4 bedrooms,  3 bathrooms and 2222 square feet is clean and ready […]

Bank Owned Boise Home for Sale

Bank Owned Boise Home for Sale 8870 Gadwall  Boise, ID  83714 Amazing bank owned Boise home for sale located within a gated community near the greenbelt and backing to the neighborhood pond.  This bank owned Boise home for sale, containing 4 bedrooms,  3 bathrooms and 3518 square feet is priced nearly $90,000 below current assessed […]

Bank Owned Nampa Home for Sale

Bank Owned Nampa Home for Sale 12829 Featherstone Drive  Nampa, ID  83686 Wonderful bank owned Nampa home for sale that contains pleasing views.  This bank owned Nampa home for sale, containing 4 bedrooms,  3 ½ bathrooms and 2878 sits on over 2 ½ acres and contains pleasing views of the Owyhees and foothills.  Outstanding horse […]

Foreclosure Sales Still Abundant in the Real Estate Market

Foreclosure Sales Still Abundant in the Real Estate Market . . . Bank owned properties accounted for 28% of all home sales within the first quarter of 2011 even though the sale of foreclosed homes declined. This can partly be attributed to the fact that the customer service attracted and garnered more and more customer […]

BOISE SHORT SALES

BOISE SHORT SALE 12705 9th Ave Boise, ID  83714 Wonderful short sale opportunity located in the pleasing Hidden Springs Community!  This Boise short sale, containing 4 bedrooms, 3 ½ bathrooms and 3167 square feet is located directly across the street from the community pool and sits on an oversized corner lot.  This short sale opportunity […]