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Continue reading →: Buying a home: Don’t let the 20% down payment myth hold you back!Saving for a down payment can seem daunting, but the National Association of Realtors states that the median down payment for first-time buyers is 8%. Various resources, such as FHA, VA, and USDA loans, as well as down payment assistance programs, can make homeownership more accessible. Idaho Housing and Finance…
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Continue reading →: Housing Market Update: Rising Rates Cool Demand, Inventory BuildsThe housing market shifts in 2024 as rising mortgage rates impact key metrics. Inventory rises for the first time this year, while sales pace slows and price adjustments emerge. Despite price reductions, the market is adjusting, not crashing, with slower price growth expected. Whether trends persist depends on future rate…
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Continue reading →: Guarding Your Dreams: Understanding Wire Fraud in Real EstateWire fraud in real estate is a serious threat, with 1 in 20 transactions targeted. Successful scams result in a median loss of over $70,000. Stay vigilant and verify all instructions independently.
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Continue reading →: Boise Builders Bullish: What Does This Mean for Home Buyers and Sellers?The Boise, Idaho housing market sees a surge in builder confidence, hinting at favorable conditions. For buyers, more options and negotiation opportunities may arise, while sellers can benefit from stable conditions but must adapt pricing and marketing strategies for success.
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Continue reading →: Home Price Forecast Flip-Flop: Experts Up Their Bets for 2024In 2024, housing market forecasts have shifted from cautious to confident, with experts predicting significant price increases due to low inventory and rebounding buyer demand. Buyers should act quickly and consider mortgage pre-approval, while sellers can expect strong offers but should remain vigilant. It’s important to stay informed and seek…
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Continue reading →: Existing Home Sales Sizzle in January 2024: What Buyers and Sellers Should KnowIn January 2024, existing home sales surged by 3.1%, reaching a 5-month high at a seasonally adjusted annual rate of 4 million units. Meanwhile, median sale prices hit a record high of $379,100, up 5.1% year-over-year, indicating a seller’s market with relative price stability. Sales surged the most in the…
Hello,
I’m Scott
Ever wondered what truly makes a house tick? As a real estate agent with over a decade of appraisal experience, I’m here to demystify the world of property valuation and market analysis. Dive into my blog for in-depth insights, data-driven breakdowns, and expert tips to navigate your real estate journey with confidence. Whether you’re buying, selling, or simply curious about market trends, I’ll unlock the secrets hidden within every brick and mortar. So, step inside, explore, and let’s unlock the true value of your real estate dreams together!
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