The latest on Idaho real estate. http://www.sellidaho.com Thu, 09 Feb 2012 07:42:49 +0100 FeedCreator 1.7.2 http://www.sellidaho.com/images/M_images/joomla_rss.png http://www.sellidaho.com The latest on Idaho real estate. http://www.sellidaho.com/Blog/Market-Updates/How-Long-Do-People-Stay-in-Their-Home.html Why do people move and how often? In a nation-wide study, interesting trends were discovered for how long home owners stay in their house before making a move and why they move. From 2001 to 2008 the typical home owner lived in their home for 6 years on the average. Blog - Market Updates Mon, 30 Jan 2012 02:26:42 +0100 http://www.sellidaho.com/Blog/Market-Updates/Which-IRS-Form-do-I-use-for-my-1099-c.html Idaho Short Sale- What IRS Form do I use for forgiven debt? Many Idaho home sellers were able to avoid foreclosure by going through the short sale process. Often times, the short sale lender will issue the home seller a 1099-c form. This information must be reported on your annual income tax return. For most home owners who short sold their primary residence, this forgiven debt may be non-taxable. It is important to consult your tax professional or attorney for taxation issues. The Debt Forgiveness Act of 2007 offers forgiveness of income tax for forgiven debt to most home owners.... Blog - Market Updates Fri, 11 Feb 2011 17:05:42 +0100 http://www.sellidaho.com/Blog/Market-Updates/Meridian-Real-Estate-Opportunities.html Meridian Idaho Housing Market, Strong The numbers are in. Throughout the Treasure Valley, Meridian holds the highest average sales price for single-family homes, as of Dec. 1, 2011. With an average sold price of $173,279, Meridian real estate tops all of Canyon County at $95,473 and even it's big brother community with homes in Boise, coming in at $163,354. Blog - Market Updates Fri, 02 Dec 2011 03:50:17 +0100 http://www.sellidaho.com/Blog/Market-Updates/Have-Idaho-Home-Prices-Bottomed-Out.html Taking a look at Treasure Valley home prices Since November of 2007, it seems as though the average sales price for Boise area homes has been on a steady decline. If you look at the chart below, however, we seem to be experiencing a trend of stabilization! With inventory levels being lower than times past, the law of supply and demand have helped prices stabilize to some degree for the Boise valley, but is this truly the bottom for Idaho home prices? Blog - Market Updates Tue, 06 Sep 2011 01:59:22 +0100 http://www.sellidaho.com/Blog/Market-Updates/Boise-Idaho-Ranked-3-City-for-Retirement.html Boise Idaho Ranked by Money Magazine as #3 City for Retirement Boise has quite a variety of things to do and can compete with most larger cities in the US. With hunting, fishing, skiing, biking, cultural events, Boise, Idaho offers excellent opportunities for not only the working Joe, but for those who are ready to retire. The low crime rate is especially attractive in the Treasure Valley. Population of just over 200,000, Boise offers a cost of living that is 97% of the national median, a median home price of just $120,000, a median property tax... Blog - Market Updates Sun, 25 Sep 2011 01:58:00 +0100 http://www.sellidaho.com/Blog/Market-Updates/Idaho-Real-Estate-Broker-Goes-the-Extra-Mile-by-Marketing-in-a-Down-Economy.html Idaho Real Estate Broker Goes the Extra Mile by Marketing in a Down Economy Nampa, ID - As many real estate agents are cutting their marketing budgets, Idaho REALTOR® Don Wixom is going the extra mile to market his clients' listings in this tough market with a fully wrapped Honda CR-Z that has already turned heads around town. Wixom, who already stands out online for his top Google-ranking website selling Idaho real estate, www.sellidaho.com, is one of the most visible agents on the road with his brightly colored Honda CR-Z. Blog - Market Updates Sat, 24 Sep 2011 16:12:15 +0100 http://www.sellidaho.com/Blog/Market-Updates/Jobs-in-Kuna-Idaho.html Jobs Available in Kuna Kuna School District #3 is hiring! There are several openings for part time employees. Current positions advertised are for maintenance, custodial, and transportation. Applications are available on-line at http://news.kunaschools.org/ Interested persons may also obtain applications at the district office, located at 711 Porter St. Kuna, ID Blog - Market Updates Sun, 07 Aug 2011 00:21:39 +0100 http://www.sellidaho.com/Blog/Market-Updates/Idaho-Short-Sales.html 2 Minute video explaining the basics of Idaho Short Sales. Learn quickly, what a short sale is, why, as a buyer, you may want to look at short sale homes, and what the benefits are for sellers who must sell as a short sale. Blog - Market Updates Tue, 02 Feb 2010 05:26:22 +0100 http://www.sellidaho.com/Blog/Market-Updates/Boise-Area-Home-Inventory.html A 5-Year Snapshot of Boise Area Home Inventory Supply We all have heard of the basic law of supply and demand. In the Boise area real estate market, you can see it in full effect! As we see Idaho real estate home inventory dropping, especially in the lower price ranges, we also recognize the average sales price is somewhere between 50% - 60% of what it was in 2007. Blog - Market Updates Mon, 04 Jul 2011 23:51:32 +0100 http://www.sellidaho.com/Blog/Market-Updates/Idaho-Real-Estate-for-the-President.html Former President Buys Idaho Real Estate Being inspired by a recent video contest on the on-line Real Estate Forum, ActiveRain.com, I decided to create a couple short, fun marketing videos. Thanks to all of you who have made www.sellidaho.com the number one visited real estate site in Idaho! I hope you will enjoy this short video... Blog - Market Updates Sun, 06 Feb 2011 16:18:41 +0100 http://www.sellidaho.com/blog/market-updates/what-is-a-short-sale.html 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 (property-listings/idaho-investment-properties/upcoming-foreclosure-sales.html). 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 (property-listings/idaho-investment-properties.html). This article is designed to help answer a few basic questions about the substantial risk... Blog - Market Updates Sun, 09 Mar 2008 03:27:32 +0100 http://www.sellidaho.com/Blog/Market-Updates/Nampa-Realtor-Says-Inventory-Levels-Are-at-a-Critical-Low.html Nampa Realtor Says Inventory Levels Are at a Critical Low! + Nampa, Idaho Realtor, Don Wixom with RE/MAX Advantage has just reviewed the most recent sales statistics for Idaho Real Estate in the Treasure Valley. “The housing market for Canyon and Ada Counties has experienced a boost in recent months. In Nampa alone, April has accounted for a 68% increase in number of homes sold compared to January,”says Wixom. The communities of Nampa and Caldwell, Idaho currently have less than a 5 month supply of homes available. Ada County (Boise Meridian) is near the 6 month supply level. In... Blog - Market Updates Mon, 02 May 2011 02:56:32 +0100 http://www.sellidaho.com/Blog/Market-Updates/Idaho-Real-Estate-Levels-Lowering.html Idaho Real Estate Levels Lowering Not only have prices made a drastic change for Boise Idaho Real Estate, the inventory levels have reflected consumer confidence, jobs, and available financing. Take a look! I hope it seems obvious with such low prices, low interest rates and low inventory, now is the time to buy a house! Blog - Market Updates Sun, 06 Feb 2011 20:11:38 +0100 http://www.sellidaho.com/Blog/Market-Updates/Boise-Area-Home-Prices-at-Bottom.html Boise Idaho Real Estate Prices at Bottom As this chart shows, we have tracked the average sold price of single-family homes in the greater Nampa-Boise area since November 2007. When looking at Canyon County and Ada County real estate data, the biggest drop in the average home price was about April of 2009. Small drops in price each month have taken place since. We have noticed the most recent data shows slight upticks (we're talking a few dollars) were noticed in the average home prices for Boise ID real estate. Blog - Market Updates Thu, 06 Jan 2011 04:13:12 +0100 http://www.sellidaho.com/Blog/Market-Updates/Meridian-Idaho-Homes-Inventory-Drops-Below-6-Month-Supply.html For the first 11 months of 2010, Meridian, Idaho experienced phenomenal sales activity! With a population just over 50,000, there were 1654 homes in Meridian Idaho that SOLD, YTD! That’s 150 homes each month! Meridian’s current inventory of single-family homes is approx. 868, as of the first of December. Just a 5.77 months supply. Blog - Market Updates Mon, 06 Dec 2010 03:31:50 +0100 http://www.sellidaho.com/Blog/Market-Updates/Ada-County-Home-Inventory-How-has-it-changed-in-6-Years.html Ada County Home Inventory – How has it changed in 6 Years? Let’s take a quick glance of the available inventory of single-family homes in Ada County Idaho. Blog - Market Updates Mon, 06 Dec 2010 01:55:03 +0100 http://www.sellidaho.com/Blog/Market-Updates/Why-You-Should-Avoid-Foreclosure.html Why You Should Avoid Foreclosure When it comes to losing your Idaho home to foreclosure, there is no quick and easy fix. Financial troubles come in all sizes and it can be a very emotionally draining process. The most important thing to remember is to stay sharp! Don't let your emotions take over the logical thinking process that can help you and your family. Don't be afraid to ask for help. Blog - Market Updates Fri, 22 Oct 2010 01:13:54 +0100 http://www.sellidaho.com/Blog/Market-Updates/Be-Cautious-of-Part-Time-Agents.html If you're serious about selling your home, be sure to hire someone who will be working on your behalf; someone who is a professional Realtor Enjoy this fun video and call Don Wixom, your RE/MAX professional, when you're ready to buy or sell! Blog - Market Updates Thu, 04 Nov 2010 04:22:52 +0100 http://www.sellidaho.com/Blog/Market-Updates/Boise-ID-Short-Sales-Update.html Short Sale Homes in Boise Idaho Statistics as of November 1, 2010: 2208 active single-family Boise homes listings were available as of November 1st. 39% of these homes are distressed properties 291 are REO by banks (foreclosures) and 577 are short sales (26%). Blog - Market Updates Wed, 03 Nov 2010 03:57:31 +0100 http://www.sellidaho.com/Blog/Market-Updates/Look-What-Interest-Rates-Have-Done-Since-1990.html When you figure that the majority of a home buyer's monthly payment is interest, doesn't it make sense to take advantage of low interest rates? Having a low interest rate will allow more of your monthly payment to go toward the principal balance and allow more discretionary income to pay down that principal balance more quickly. Take a look at what interest rates have done since 1990: Blog - Market Updates Sun, 31 Oct 2010 02:58:48 +0100