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Nampa Idaho Homes Statistics

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2008 1st Quarter Market Data for Nampa Idaho Real Estate:

Number of Homes currently for sale:                                1462

24% New Construction   76% Existing Homes

Average Asking price:                                                      $223,720

Average market time:                                                 92 Days

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The Basics of Buying a Home

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Here's what you need to know:

Obtain Mortgage Preapproval Before You Begin House Hunting

  • Learn how much home you can afford
  • Strengthen your bargaining position with sellers

Choose a Real Estate Agent

  • Ask mortgage lenders to recommend agents they work with
  • Select a reputable professional who will listen to your needs and make you feel comfortable
  • Ask agents for references from former clients
  • Ask agents the basic questions: How lang have you been selling real estate?  How many homes do you sell each year?  Can you commit the time to helping us?  What is your real estate education and experience?

Find the Right Home

  • Determine the needs of you and your family
  • Create a wish list & a list of "Must Haves" as well as "Would Likes"
  • Take notes as you preview homes with your agent

Make an Offer

  • Have your agent research the status of the property as well as the seller's motivation whenever possible
  • Have your agent negotiate the best deal for you
  • Be prepared to deposit earnest money when making the offer
  • Be prepared for counter offers and/or addendums following your initial offer

Have the home inspected

  • Hire a professional home inspector after the offer has been accepted
  • Find an experienced inspector you can trust

The Home will be Appraised

  • The lender will order the appraisal to establish value for the lender's benefit

Obtain Title Insurance

  • This guarantees that the property you are purchasing is free of liens or confusion in rights of ownership
  • The policy insures against any losses to the property that result from defects in the title or deed

Close on the Property

  • Signing the documents does always mean you own the home
  • It must fund and record at the county court house to insure ownership

Now you are the proud owner of your home!

Whenever you want to make that Idaho Real Estate your own, remember, I'm always looking out for your next move in the Boise ID real estate market!

Don Wixom

 

Ten Mile Road Interchange Project

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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.

The "grinding down" of the ruts between Nampa and Meridian has taken place, just in time for a prospective widening to 3 lanes!  Yes, 3 lanes!  Woo hoo!  Below, you will see the basic plan of the Ten Mile Road Project.  Though no one has committed to construction dates, we are aware of easements and land being purchased by the government to accomodate this very needed transportation connection in the Treasure Valley!

Of course, this extra connection will make it easier to get to and from work and allow easier access to buying Idaho real estate!  Whenever you or anyone you know, is looking to buy or sell Idaho real estate in the Treasure Valley, I hope you will give them my number or direct them to this web site!  Thank you!

I-84, Ten Mile Road Interchange Project

 

 

 

 

 

 

 

  

MP 41.5-42.5
Project Number: A009(815)
Key Number: 09815

Project Facts

The I-84, Ten Mile Interchange Project is being developed to relieve congestion at the existing I-84 Meridian Road Interchange and provide local access to the growing area west of Meridian Road.

Description

The current project will result in a design for a new interchange to access I-84 at Ten Mile Road in Meridian. The project includes:

  • Gaining the environmental clearance needed for construction
  • Designing the interchange
  • Defining the right-of-way needs, and beginning to purchase right-of-way
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Bosie ID Real Estate

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Written by Don Wixom   

May 1, 2008 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 data you are most interested in with regards to Idaho Real Estate.

(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 May 1, 2008) 

ACTIVE INVENTORY                                           (See below for SOLD Data)

Ada County:

Total Residential Listings Available                        5459

New    1629 (30%)              Existing    3830 (70%)

Average ASKING price                                          $347,933

Days on Market (average)                                     89

Price Breakdown: 

$0 - $150k              303

$150k - $250k       2301

$250k - $350k        1238

$350k +                  1606

Boise:

Total Residential Listings Available                        2902

New    812 (28%)              Existing    2090 (72%)

Average ASKING price                                          $310,177

Days on Market (average)                                     88

Price Breakdown: 

$0 - $150k              211

$150k - $250k       1323

$250k - $350k        654

$350k +                  707

 

Read more...
 

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!

Image
Otter's Ranch in Star Idaho

The Governor even has a ranch in Star, Idaho!

You might consider Star Idaho a bedroom community to Boise. It's close to the Boise River offering great recreation and scenery and only minutes to the Interstate  and to the nearby communities of Meridian, Middleton, Eagle and Nampa!

To search for Star Idaho Real Estate, you've come to the right site! Here, you can search for homes for sale in Star, browse the great community and search through Treasure Valley Subdivisions!  While searching through Idaho MLS information, take a look at the home page for detailed searchability for the home you're looking for, anywhere in the Treasure Valley! The neighboring towns of Middleton, Idaho and Eagle, Idaho are also wonderful places to live!

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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 most all 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!

We offer complete listings with addresses directly from the Idaho MLS networking site, Intermountain MLS. Search Boise MLS, Boise ID real estate, Boise homes for sale, Ada County real estate, and surrounding areas for all homes for sale in the Treasure Valley.  Thanks for visiting www.sellidaho.com, your link to Idaho Real Estate!

Land and homes for sale in Boise Idaho

Always looking out for your next move on Idaho Real Estate,  Don Wixom  RE/MAX Advantage

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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 homes.

Click here to search Homes For Sale in Nampa Idaho from $50,000 up to $150,000!

Click here to search Homes For Sale in Nampa Idaho from $150,000 up to $200,000!

Click here to search Homes For Sale in Nampa Idaho from $200,000 up to $250,000!

Click here to search Homes For Sale in Nampa Idaho from $250,000 up to $300,000!

Click here to search Homes For Sale in Nampa Idaho from $300,000 up to $350,000!

Click here to search Homes For Sale in Nampa Idaho from $350,000 up to $400,000!

Click here to search Homes For Sale in Nampa Idaho from $400,000 up to $500,000!

To get your house sold fast in the Idaho Real estate market, contact Idaho Realtor, Don Wixom today!

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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.  Though foreclosures are more prevalent outside of Idaho, we do 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.


What is a Short Sale?

Short Sale
A short sale is a legally-binding agreement to allow a home to be sold for less than the amount that is owed. And, while short sales are not by any means common or easy, because of increasing inventory levels and foreclosures in some parts of the country, lenders are much more eager to negotiate with borrowers who are having trouble paying their mortgages. For potential home buyers and real estate investors, a short sale also offers a great opportunity to purchase property at a significant discount.

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Tax Benefits From Owning a Home

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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.

Read more...
 

Idaho Real Estate

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Written by Don Wixom   

Idaho Real Estate

Image
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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HGTV Comes to Boise Idaho Real Estate!

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Written by Don Wixom   

Home and Garden Television's hit show "My House is Worth What?"

...Is coming to Boise, Idaho!

Now is your chance to apply! Idaho Real Estate

After Middleton, Idaho's exposure to National TV with Ty Pennington's "Extreme Makeover Home Edition", Idaho is ready for more National recognition with HGTV's "My House is Worth What?"

Reality TV has changed our world over the passed few years & now it's hitting home on Idaho Real Estate right here in the Boise Real Estate Market!  If you're looking to sell, remodel or just pull some equity out of your Boise Idaho home, you might think about trying to have YOUR home featured on TV!

For homeowners  interested in receiving a free evalution of their Boise ID real estate, apply here:
Homeowner Application

If you want a current analysis of the value of your home in the Treasure Valley, Idaho, please contact me & I will come view your property, research Idaho MLS data from our Intermountain MLS and arrive at a fair market value for you and your Idaho Real Estate!

Always looking out for your next move on Idaho Real Estate in the Boise real estate market,  Don Wixom  RE/MAX Advantage (208) 880-5039

 

 

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.

The man entered Regions Bank wearing a black ski mask and pointed a handgun at a teller and said, "You took my house, now I'm going to take your money," according to Athens-Clarke police.

The man fled carrying the money in a bag. The bank plans to review foreclosure records to try to identify the man.

Source: Athens Banner-Herald, Joe Johnson (02/21/08)

Don't let the foreclosure market get you down.  Call for professional real estate help:  Don Wixom  (208) 880-5039,  Always looking out for your next move on Idaho Real Estate in the Boise Real Estate Market!

 

 

Idaho Foreclosures

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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.

  1. Arizona: 902 percent
  2. Florida: 708 percent
  3. Nevada: 668 percent
  4. California: 661 percent
  5. Delaware: 447 percent
  6. Hawaii: 369 percent
  7. Virginia: 362 percent
  8. Idaho: 344 percent
  9. Louisiana: 321 percent
  10. New Hampshire: 245 percent


Source: BusinessWeek.com, Prashant Gopal (02/01/08)

For an up to date list of available Idaho Foreclosure Properties, click here!

The good news is that mortgage rates are LOW again & buyers are beginning to realize that prices have reached the bottom and it's time to buy a house!  There are currently over 1400 homes for sale in Nampa, Idaho and nearly 2600 available homes for sale in Boise, Idaho!

Always looking out for your next move on Idaho Real Estate in the Boise real Estate market,

Don  (208) 880-5039

 

Find Horse Properties Here!

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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 accomodate 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!

To view any of these homes for sale in Canyon County, Idaho, just drop me an e-mail or give me a call on my cell phone:  (208) 880-5039.  These include Homes for sale in Nampa, Homes for sale in Caldwell and Homes for sale in the surrounding communities of Middleton, Wilder, Parma, Star, Homedale, Notus & Greenleaf!

I'm always looking out for your next move on Idaho Real Estate in the Boise Real Estate Market!

Click Here to see these Horse properties NOW!

Don

 

7 Business Strategies

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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:

1. Primary aim  (we must have a target, goal, "end in mind")

terget

2. Strategic Objective

3. Organizational Strategy  (who is responsible for each task?)

chart

4. Management Strategy  (who runs the show?)

biz meeting

5. People Strategy  (who are our resources or alliances?)

net

6. Marketing strategy 

big heads

7. Systems Strategy  (you have to be able to reproduce the action)

meet

 ................I hope these alone will help spur on ideas and dreams, but if you have the chance, please read the book!

 

Always looking out for your next move on Idaho Real Estate in the Boise real estate market,

Don Wixom  RE/MAX Advantage  Nampa, Idaho

sellidaho.com    

 

Outdoor Idaho

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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!

Always looking out for your next move on Idaho Real Estate in the Boise real estate market,

Don Wixom  RE/MAX Advantage, Nampa, Idaho

sellidaho.com

 

Why is my House not Selling?

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

The 5 reasons a property will sell or NOT sell:

 

1. Location Image

Most people like to be situated either in the right school district to meet their needs, close to work, a particular neighborhood or someplace with a view. In most instances, people look for location first.  You know what they say; "Location, Location, Location!"  If your home is in a poor location or has questionable surroundings or neighborhood, any of the remaining four reasons may need extra attention.

2. Price Image

Especially in our current market, PRICE can be THE most strategic reason a buyer will buy.  As your agent, I will provide you (my seller) with comparable properties in both "Active" and "Sold" categories. It's best to be as high as possible when compared to the "SOLD" properties (to get the highest price possible) however,  price average or below when compared to the "ACTIVE" properties (your competition). Some sellers will say something like, "We can always come down..."  However, in a competitive (buyer's) market, some buyers won't even look at a home that seems to be overpriced (above average). Listen to the advice of your agent when determining the pricing strategy of your home.

3. Terms Image

When it comes to financing, the home must meet certain standards and be able to qualify for BEING financed (not just the buyers need to be qualified).  Most homes don't have an issue when meeting this criteria, but ask your agent if there are any concerns, especially when looking into FHA, VA or other Government backed loans. Some more creative financing may be desirable and help sell a home quicker and for a higher price in a slower market. When offering "Owner Carry" or "Lease Purchase" terms, you may attract more buyers and be able to sell quicker and at a premium price. Beware of the risks of these optional terms and seek the advice of your agent.

4. Condition Image

OK..  This one seems so simple to me.  When we sell a car, we typically will wash it, wax it, vacuum the inside, shine the tires and the chrome and make it "SHINE"!  We need to do the same, or even more for our house when seeking a buyer. Staging is the big talk right now.  It may help to hire a professional stager or designer to help you put your best foot forward. Buyer's usually like to see the home lived in, but they don't want to see the lifestyle that lives there. Keep things neutral and classy.

5. Marketing Image

More than 85% of the public now searches the internet first, when looking for a home.  Print media is quickly being replaced by on-line advertising.  It's important for your home to be found on-line, typically on your agent's web site or company web site.  There are so many tools including video, virtual tours and multiple photos that attract buyers in today's market, than ever before!  Make sure your home is getting all the attention it deserves...to be SOLD!

Most homes that take longer than the average market time to sell are due to either being over priced and/or under marketed. Proper Marketing is the Key! Don't miss out on the best marketing of Idaho Real Estate in the Boise real estate market!

For more detailed information, please view "6 Easy Steps in Selling Your Home"

What if I owe more on my mortgage than what I can sell my house for?  Find out here:  What is a Short Sale?

Call Don today for a FREE Market Analysis of your Home!

sellidaho.com

 
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