ADA County Rental Market Summary Q3 2015. Vacancy rates dropped 0.4% to finish the 3rd quarter of 2015 at 3.4%. This is a 0.9% increase from Q2 2014 when vacancies stood at 2.5%. The largest decrease in vacancy rates from last quarter were in Multifamily investment properties. Multifamily vacancies dropped from 4.5% to 3.3%. Single family vacancies increased 0.5% to 3.5%. This is the third quarter in a row we have seen single-family vacancies increase. Although vacancies are only 0.2% higher than the third quarter of 2014.

Overall rents increased 3.0% during the quarter. Rental rates increased slightly for single family rental homes, with an average of $22 to $1,276 from $1,254. There was a large increase of $82, in rental rates for multi-family homes,

Today we wanted to work on debunking one of the most common myths in real estate – selling your home in the fall. Summer has come and gone. Maybe you have considered the idea of putting your home on the market but just didn’t get to it this summer. Most sellers will just shrug it off and wait again for spring and while a bulk of sellers will do just that – this is time to rethink your home selling strategy.

Sell My Home Now or Wait Until the Spring?

The real estate market doesn’t just come to a screeching halt once summers over and the buying does not stop. With all the technology at our fingertips, this allows buyers to literally shop for a home any time of day, and day of the year. When you think that Autumn weather would have a huge impact –

Fall is officially in the air and while the leaves are starting to fall – real estate prices here in Boise, Idaho are holding steady. For the Boise real estate market in September 2015 we had a total of 371 home sales in the immediate Boise area. This is a decline of about 39 homes versus August but an increase from the 17 homes sold the exact time of last year.

The Boise median home price clocked in at $202,000. Lately, we have been flirting between high $190’s-200’s so this doesn’t come as a surprise however this is an increase from the median sold price we saw in August of $199,500. Rewind back to Sept of 2014, our median sales price was $185,450. One key thing to point out is that usually, as we approach closer to the end of the year, we start