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Government Takes Over Fannie Mae & Freddie Mac

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Written by Administrator   

This is a brief summary of the recent government intervention of the Fannie Mae & Freddie Mac situation, written by Dave Linegar, Co-Founder of RE/MAX International.

Fannie Mae and Freddie Mac

It's amazing to watch what is happening in our national economy and I think it's important that we all pay attention to what's going on.  It's time for Americans to start spending less and saving more and to regain our strength.

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I-84 Construction Update

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Written by Don Wixom   

When traveling from your Nampa Home to your Boise job or from your Boise Home to your Canyon County job, there is traffic!  Some times of the day are worse than others and the 55 speed limit is certainly a bother as well....

But, they are fixing the roads!  YEAH!  A nice wider freeway between Nampa and Boise will be great....and a long time needed!  A much easier drive home is on its way!

Boise ID Real Estate

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Nampa Homes For Sale 2004 vs. 2008

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Written by Don Wixom   

Comparison for the Nampa Real Estate Market from 2004:

Many critics say our last "normal" market year in real estate was 2004.  This is a quick glance at the SOLD data for Nampa, Idaho:

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Best Buys on Boise Valley Real Estate

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Written by Don Wixom   

Idaho's Best Real Estate Opportunities: 

These 5 properties are priced ahead of the market, allowing you to get even a better deal today!

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2 Things You Gotta Do to Sell Your House!

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Written by Don Wixom   

As I mentioned here on sellidaho.com, in "6 Easy Steps to Selling Your Home", there are six key factors and efforts you must make to get your Idaho home sold quickly and for top dollar.

Now... With as many homes that are on the market in Idaho, buyers have options; lots of options!  There are more "deals" out there than ever before on Idaho Real Estate!  With Idaho Short Sales and Idaho Foreclosures on the rise, it's imperative that you do two things right:

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Nampa Idaho Homes Statistics

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Written by Don Wixom   

December 31, 2009 Market Data for Nampa Idaho Real Estate:   Nampa Homes

Number of Homes currently for sale:                                1103  (down nearly 70 from last month) 

                      16% New Construction              84% Existing Homes

Average Asking price:                                            $144,370

Average market time:                                                 147 Days

SEARCH NAMPA HOMES FOR SALE NOW!

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The Basics of Buying a Home

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Written by Administrator   

Conducting a real estate transaction almost becomes second nature after 13 years in the business.  I often take for granted the fact that for many people, the basics are still a little sketchy...  

Here's what you need to know:

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Ten Mile Road Interchange Project

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Written by Administrator   

Ten Mile Road Interchange Project

The much anticipated interchange on Interstate 84 and Ten Mile Road could happen yet!   There has been a lot of discussion on the improvements of I-84 on Idaho real estate in the past several months.

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Bosie ID Real Estate

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Written by Don Wixom   

December 31, 2009 Sales Stats for the Boise Real Estate Market:

This article has information available for current inventory as well as recent SOLD inventory of residential housing units for Boise, Meridian, Ada County, Canyon County, Nampa, and Caldwell

Please scroll down to view the Idaho Real Estate information you are most interested in. (The following data has been extracted from the Intermountain MLS, an Idaho MLS provider for real estate for sale in Boise and surrounding areas as of January 1, 2010). This information is deemed reliable, but not guaranteed. 

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Star Idaho Real estate

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Written by Don Wixom   

Who Wouldn't Want to Live in Star, Idaho?

What a cool name!  There are "stars" that live in Idaho; but most of them up in the Sun Valley area (at least for part of the year). Star Idaho is a quiet little town just north of Nampa and Meridian, just a few minutes from Boise, Idaho.

Star has a lot of quaint amenities to offer a small town; shopping, coffee shops, restaurants, oh....and some of the best Idaho Real Estate!

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Taking Initiative

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Written by Don Wixom   

Initiative

It's cliche to say that every journey begins with a single step, yet it's true. Leaders don't wait for everything to be perfect before they move forward. They don't wait for all the problems or obstacles to disappear. They don't wait until their fear subsides. Leaders take initiative.

Leaders know the secret of momentum: once you take the first step and start moving forward, everything becomes clearer and easier. If momentum gets strong enough, problems begin to take care of themselves and new opportunities arise. But the benefits of momentum only come into play once a leader takes initiative.

As leaders, why are we sometimes timid or tentative when we should be taking action? In my experience and observation, there are six root causes of our procrastination.

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Boise Idaho Real Estate

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Written by Don Wixom   

Find real estate available for sale in Boise Idaho here!

Just click here to view a list of Boise Idaho Real Estate for sale and/or refine your search for exactly what price range and features you're looking for! There are great buys on homes in Boise right now! Whenever you search for Boise homes for sale, remember, they're ALL virtually here on sellidaho.com!

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Homes For Sale in Nampa Idaho

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Written by Don Wixom   

Find homes for sale in Nampa Idaho... right here!

Idaho real estate offers great opportunities right now! Canyon County, especially in Nampa, offers some great buys on real estate!  Take advantage of this FREE link to our Idaho MLS networking connection with Intermountain MLS and search all current homes for sale listed by Realtors that are Intermountain MLS members!  These links are for specific price ranges of Nampa homes. There are more links on the home page for other cities and price ranges.

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Boise Homes For Sale

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Written by Don Wixom   

It's time to buy a home in the Boise Idaho Real Estate market!

Prices are at a great low right now & interest rates are near the lowest in years!

Search Homes For Sale in Boise:

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What is a Short Sale?

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Written by Don Wixom   

There have been a lot of questions about short sales, foreclosures, REO properties, pre-foreclosures, Repos and other such distressed sales in our Idaho Real Estate market.  In Idaho, we have our share. Lenders may entertain the idea of a short sale in this market, more than before, to avoid the costly foreclosure process.

While a short sale may be the last resort for many homeowners facing foreclosure, it also represents a great opportunity for potential home buyers and Idaho real estate investors. This article is designed to help answer a few basic questions about the substantial risk and reward involved in this extremely complex and often drawn out process for both buyers and sellers.  For more information on the short sale process, please contact me at This e-mail address is being protected from spam bots, you need JavaScript enabled to view it .  Click here to search Boise Idaho Real estate.


 

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Tax Benefits From Owning a Home

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Written by Administrator   

Daily Real Estate News  |  March 7, 2008

Tax Benefits of Owning a Home


Before a home owner curses the troubled housing market, he or she should take solace in the U.S. tax code, which makes buying a home a good deal for almost everyone.

Here’s why:

Mortgage interest deductions, including in some cases mortgage insurance premiums, reduce home owners’ tax liability by reducing income. The deduction includes interest paid on both a first and a second home.

Interest on home equity loans is also deductible whether the borrower uses the money to remodel the kitchen or to take a vacation to Disney World.

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New FHA Loan Limits

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Written by Don Wixom   

Special Report

HUD Releases New FHA, Conforming Loan Limits

(March 6, 2008) The U.S. Department of Housing and Urban Development today published new FHA and conforming

loan limits, based on median home prices as mandated by the Economic Stimulus Act signed by President Bush in

February. New loan limits for FHA and Fannie Mae and Freddie Mac are now calculated at 125 percent of the HUD

published median prices, with a floor of $271,050 and $417,000, respectively, not to exceed $729,750. NAR expects the

impact on the housing market to be significant because of the infusion of capital into the mortgage market, which should

result in lower interest rates across the board. In addition, there will be a direct impact on high-cost areas that previously

required borrowers to take out costlier jumbo mortgages. The new FHA loan limits can be accessed online. To find the

Fannie Mae and Freddie Mac conforming loan limits, on the HUD site choose "Fannie/Freddie" in the drop-down menu

called "Limit Type."

"We believe the economic stimulus bill will quickly have an impact on families and the nation's economy. The loan limits

for both FHA and Fannie Mae and Freddie Mac have been increased and this will act as a major stimulus for the housing

industry and for those people wishing to own a home," says Richard Gaylord, NAR president.

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Idaho Real Estate

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Written by Don Wixom   

Idaho Real Estate

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Idaho Real Estate

Real Estate itself, is the most basic ownership of your piece of the world. Land ownership in the United states, consists of the property from your boundaries on the surface of the Earth all the way to the center of the Earth.  In early America, settlers, engineers and surveyors set out across this vast country to establish the US Geological Survey to be able to describe real estate or real property by "meets and bounds" descriptions.

Without giving you the full lesson on geological surveys, Idaho Real Estate legal descriptions are based on the Boise-Meridian which runs from a specific point (The Initial Point) located near Kuna, Idaho.  If you have ever read a true "meets and bounds" legal description for Idaho Real Estate, it will typically end with "...of the Boise-Meridian" or "BM".  Thus the name of the city of "Meridian" because it lands on this geological meridian line.

Idaho Real Estate Marker
Initial Point of Idaho

There are almost 54 million acres of land in Idaho. How do you know what land is yours?

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Foreclosure Robbery

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Written by Administrator   

Daily Real Estate News  |   February 22, 2008

Man Robs Bank After Foreclosure


A masked gunman held up an Athens, Ga., bank on Thursday, saying that he was only getting his money back after the lender had foreclosed on his home.

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Idaho Foreclosures

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Written by Administrator   

Daily Real Estate News  |   February 5, 2008

Prime ARMs Fall Into Foreclosure Too

Subprime adjustable rate mortgages have gotten a lot of publicity, but the holders of prime ARMs are also going into foreclosure.

"The fact is the pain of the changing real estate markets is affecting more than just subprime borrowers," says Keith Gumbinger, vice-president of HSH Associates, a New Jersey-based financial information publisher. "It's more important to think of it as perhaps an ARM problem and a rate reset problem, not just a subprime problem."

Here are the top 10 states with the largest percentage increase in the last year of foreclosure actions relating to prime adjustable rate mortgages.

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Find Horse Properties Here!

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Written by Administrator   

Looking for a Horse Property?

Check out this up-to-date list directly linked from our active Intermountain MLS for Idaho Horse Properties!

Properties that will allow horses or accommodate horses can be seen right here!  Some of these homes will have a barn or shop, others will just have enough room for a small pasture and yet many more may have large acreages.  To refine your search, go here!

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7 Business Strategies

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Written by Administrator   

7 Business Development Strategies:

If you haven't read the book, the "E-Myth" yet, I suggest you purchase a copy & follow it's great advice!

The book covers 7 basic Business Development Stategies that can help make your operation flourish (If utilized and managed well).  I hope you enjoy:

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Outdoor Idaho

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Written by Administrator   

Idaho Outdoor Sports

Whether it's fishing, hunting, snowmobiling, skiing, rafting, hiking or just getting out to smell the fresh wild flowers, IDAHO is a great place to settle in!

Idaho ATV           snow mobile      

I've just prepared a small blog with some links to various Idaho outdoor activities, including the Idaho Horse Park, RV'ing, ATV's and dirt bike trails & more!

 skiing          hunting       Idaho Steelhead

If you want to check out the great Idaho Outdoors, please take a quick visit!

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Why is my House not Selling?

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Written by Administrator   

You may be a frustrated home owner who is wanting to sell & nothing seems to be happening! 

  • Is it just the market?
  • Are there any buyers out there?
  • Is it my agent?
  • Are people even seeing my house?
  • What's wrong with my home, why don't people like it?
  • What can I do to get it sold?

The Five Reasons a Home will Sell or NOT Sell.....

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Text Messaging for Idaho Real Estate

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Written by Administrator   

Client Updates via TEXT Baby!

What a wonderful tool! 

Texting Idaho Real Estate Info

I can't believe how convenient texting can be when going through a transaction with savvy clients!  Thank you, Thank you, Thank you!

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