New Short Sale Guidelines 

Idaho has a large number of Short Sales as well as foreclosures on the market which, for the most part, is driving the current home values.  Many buyers as well as sellers have been disenchanted with the whole short sale process and timeline in which the process takes place.

These new guidelines that are forthcoming will assist your Idaho Realtor in processing a short sale transaction on behalf of both parties (buyer and seller).  When investors zero in on short sales, they have more time to wait out the process until the third-party lender approves the file. When a buyer who plans to occupy the home, often has timeline constraints and gets discouraged quicker.

The U.S. Treasury Department on Monday released a plan to speed up and encourage Short Sales as a means to help families avoid foreclosure. RE/MAX International as well as The National Association of Realtors has been offering Short Sale proposals to public officials for over a year, and although the new guidelines aren’t everything we were hoping for, they do represent a significant improvement over the current situation.

Meridian Idaho Homes For Sale

Meridian Idaho offers a great community feel, surrounded by agriculture! Meridian prides itself on it's interactive community and hosts the annual "Meridian Dairy Days!"

With a population of just over 60,000 people, Meridian ID has great schools, a good civic leadership program and great community involvement!

You can search for homes for sale in Meridian Idaho below.

Short Sale Homes in Boise Idaho

Statistics for the 1st quarter of 2010:

Currently, 2435 single-family Boise homes are for sale. 34% of these homes are "distressed properties" 226 are REO by banks (foreclosures) and 614 are short sales (25%).

Affordability

Affordability of Idaho real estate remains at record levels, supported by the lowest mortgage rates in decades, low home prices, and the first-time home buyer tax credit. The home price-to-income ratio continues to remain well below the historical average of 25 percent. The ratio now stands at 14.2 percent.

Sources: National Association of Realtors, Freddie Mac

Boise Idaho Real Estate Market Projection

Idaho Short Sales Video

Home Buyer Tax Credit for Idaho Real Estate

Search Homes in the Boise School District: Idaho Real Estate

Some buyers are particular about which schools their children attend, and rightly so!  Many may want a different home, but to keep their kids in the same district so they can remain with the same teachers and same friends.

If you're looking for Homes for sale in the Boise School District, this will make it much more simple for you...

 Boise Real Estate Market projected to have a 3% Drop...

According to Money Magazine's Real Estate 2010, Boise Idaho is projected to hit the bottom in pricing around the 3rd quarter of 2010!

http://money.cnn.com/magazines/moneymag/moneymag_realestate/2010/states/ID.html

Search for Boise ID Homes!

Updated daily, this search tool will assist you in finding just the right home for sale in Boise, Idaho.  Search Idaho MLS for Boise Homes with ease and the ability to dial in on what exactly you're looking for.

Search Boise Homes Now!  

It's important to have good representation when looking for a home. Find an agent that you are comfortable with, one that you like & trust and that will look out for your best interest!  Get a home inspection! Buy in the most affordable market since 1970, NOW!