Boise Idaho Area Real Estate Prices:

If you are an Idaho real estate seller, don't kick yourself too hard for not putting your house on the market a couple years ago. If you have held off for this long, hopefully you can make it through the turn, wherever that might be.

For Ada County average home prices, the drop has been significant, a whopping 25% down from this time 2 years ago (August 2010).  For Canyon County home prices, however, the drop has been astounding! The average sales price of a single-family residence dropped 33% in the same 2 year period!

Take a look...

RE/MAX International has released the June 2010 version of the National Housing Report.

• Learn the recent activity across the nation and look at the graph of Transaction - Year-over-Year Change.
• See the Median Sales Price - Year-over-Year Change.
• See the Average Days on Market in 54 Metro Areas.
• Observe the Months supply of inventory in 54 Metro Areas.

Download this FREE Report Now:  RE/MAX National Housing Report

http://www.sellidaho.com/downloads/REMAXNationalHousingReportJune2010.pdf

Idaho Real Estate Report for July 1, 2010

What has been happening in the Idaho Real Estate market?

Being in the middle of 2010 for the Idaho real estate industry is still quite an uphill road to run. With foreclosures and short sales being a large portion of our market, it is difficult for sellers who bought at higher prices, but an incredible opportunity for buyers!

At a glance: Treasure Valley Single-Family Home data as derived from the Intermountain MLS from Jan, 1, 2010 to July 1, 2010:
     Inventory is up nearly 8%
     Average sales price is down almost 10%
The good news: The number of Homes sold is up 58% from 1 year ago

A bill has passed in Congress to give homebuyers another three months to close on their pending home purchases and receive an IRS tax credit up to $8,000.

The bill applies ONLYto homebuyers who met the April 30, 2010, deadline with a signed  contract to purchase a primary residence. The bill will extend the deadline to September 30, 2010, for homebuyers to close on their pending Idaho real estate transaction. The previous deadline was June 30, 2010.

Incredible 5 Bedroom home with 3 Baths & 3 Fireplaces on 1 Acre near Middleton! Price reduced to $200,000!

24201 Willis Creek Way.  Near new Middleton High School with easy Interstate access! Walking Paths, Community Park & picnic area in a nice, quiet setting!

Idaho Short Sale Price Reduction

2315 Hird Ave Caldwell ID 83605 Now only $69,900!

1892 SF home on Caldwell's Canyon Hill! 3 Bed, 2 Bath, Family Room & Living Room. Covered Patio, Carport. Fenced Yard and quaint setting.

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

1206 Sunset Ave. Caldwell, ID

Price REDUCEDon this 1632 SF Single-Level home in Caldwell! Now just $85,000!

3 Bed, 2 Bath, Extended 20x20 Family Room, Fenced Corner Lot, 1-Car Garage + 3-Car Carport & RV Parking!

 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

Nampa Homes 1st Quarter Report 2010

Nampa Homes Statistics for the 1st quarter of 2010:

There are currently, 1182 single-family Nampa homes for sale. 46% of these homes are "distressed properties" 140 are bank owned (foreclosures) and 409 are short sales (35%).

Nampa Homes Report May 2010

Nampa Homes Statistics as of May 1, 2010:

There are currently, 1104 single-family Nampa homes for sale. 46% of these homes are "distressed properties" 117 are bank owned (foreclosures) and 396 are short sales (36%).

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%).

Short Sale Homes in Boise Idaho

Statistics as of May 1, 2010:

Currently, 2448 single-family Boise homes are for sale. 34% of these homes are "distressed properties" 219 are REO by banks (foreclosures) and 602 are short sales (25%).

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.

No Greater Love...

Nampa Idaho First Church of the Nazarene puts on a fabulous passion play, "No Greater Love," every year with outstanding props, talent and music!