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Buying A Home
Found 44 entries about Buying A Home.

Boise Home Prices Head Higher as New Listings Vanish

COVID-19 required stay-at-home orders did little to slow the Treasure Valley's real estate market in May as demand rose.

In Ada County, the median home price rose to $362,00, up 5.6% from the year prior. The time it takes for the typical home to sell remained unchanged at 11 days. In addition, the available supply of homes on the market declined to 1,353 – a drop of more than 200 new listings compared to last year. This means that available inventory is down to a 1.48 months supply in the county.

As is typical for this time of year, we had more available inventory in May than the previous two months. That said, there are now fewer homes for sale than any month of last year except December (a slow month for new listings despite soaring demand).

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Boise housing market coronavirus impact 2020

It may feel like months have passed since Idaho Governor Brad Little issued a March 25 statewide “stay at home” order to slow the spread of the coronavirus, or COVID-19, in our state. While we safely weather out the pandemic in relative seclusion, many potential buyers and sellers are wondering: what impact will this have on the Boise real estate market?

The short answer is: it’s too soon to tell, but we can look at history to get an idea of how stable the market will perform in the coming months and years. The important thing to keep in mind is that homes are still being listed, they’re still pending, and most importantly, they’re still selling – even in this new era of video-chat home tours and social distancing.

What the Treasure Valley

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Idaho Property Tax

For first-time and seasoned homeowners alike, Idaho property taxes can be confusing. For instance, what’s the difference between a home’s market value and assessed value – and which one is used to calculate property taxes? And why can two very similar houses in the same neighborhood have drastically different property taxes?

If you have a home mortgage, chances are your property tax payments are rolled into your mortgage payment each month. But it’s still helpful to know what you’re paying as a homeowner and why. Below, we break down how rates are set, how you can estimate your property tax rate, and how to appeal if you believe your property taxes are too high.

What Are Idaho Property Taxing Districts and Why Do They Matter?

Property taxes

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What is the Real Crime Rate in Boise, ID?

Boise is well known for its below-average crime rate when compared to cities of similar size – it’s one important reason factoring into people’s decisions to move here. In fact, the crime rate in Boise has been steadily declining for 25 years.

Yet when moving to a new neighborhood, it’s natural to worry about the unknowns, and one of those unknowns is safety. What is the crime rate in Boise? How does it compare to nearby cities, like Eagle and Meridian? Where do you even begin finding that information? And how do you know if the data is current and reliable?

Below, we’ll give you the resources to help you do your due diligence and ensure that your next neighborhood is everything you want it to be, including safe.

Ada County Crime Map

If

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House Hacking Real Estate

Joe retired from a national technology company at the age of 44. Soon after that, he spent a year traveling around the world: Europe, the Grand Caymans, Asia, and South America.

See, when Joe was 22, he bought a fourplex. He lived in one of the units and rented out the other three. As part of his job, he was frequently transferred. Each time he moved to a new city he bought another fourplex, always keeping the last one and the previous ones he had purchased. By the time Joe was 44, he was a millionaire.

Before I tell you the amazing part, you should know Joe repaired ATMs for a living. He was in no way a jet-set executive. The most he made in any one year was $55,000, including overtime. So how did this average Joe become a millionaire real

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Sunset Boise ID Neighborhood Guide

Quaint wooden signs greet visitors to this charming neighborhood known for its mature trees, modest brick homes and 1950s bungalows.

Boise's Sunset Neighborhood signs feature a family in silhouette walking their dog into a colorful sunset. They are a promise that deliver: Sunset is full of outdoorsy families eager to take advantage of the diverse activities the area has to offer.

This is a small, tight-knit neighborhood of do-ers: hikers, walkers, runners, gardeners, golfers and most predominantly, bikers.

Nestled up against the foothills, the neighborhood has direct access to mountain biking trails via the Hillside to Hollow Reserve – a 260-acre protected open space in the central foothills. Serious road cyclists also have access to the

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Boise Housing Market Forecast 2020

As I write this, home prices are hitting new record highs as the Boise real estate market leads the nation in appreciation.

In the past year, Boise home prices have risen 11 percent while the supply of homes for sale has declined by 10 percent.

What will the new year bring?

By definition, a forecast is an opinion about future events. Even so, I’ve made a point to focus on the facts and current trends that are already in effect, avoiding any wild speculation. Read on for an insider take on the Treasure Valley housing market in the months to come.

Boise Home Prices Will Continue Rising

Today, one in six listings are seeing multiple offers. By spring, we expect that number to jump to one in three.

Driven by low interest rates and a

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Southeast Boise, ID - An Insider's Guide

One of Boise’s fastest-growing neighborhoods is Southeast Boise, a flourishing area with enviable access to the greenbelt, river, and the downtown core. One of Boise’s largest and most diverse neighborhoods, Southeast Boise is home to Boise State University and area landmarks such as Barber Park, Bown Crossing, and the Simplot Sports Complex.

The Southeast Boise vibe is one of casual comfort: close-knit neighborhoods look a bit like streets of the past with kids playing in front yards and families walking their dogs. Despite this old-fashioned community feel, the area is also experiencing a rapid renaissance with an influx of shops, restaurants, and attractions as the neighborhood grows. Trendy new brunch spots join established local haunts while

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Best Affordable Boise Neighborhoods for Home Buyers

Looking for an affordable neighborhood in Boise? You are not alone.

It’s no secret that Boise is a great place to live. The City of Trees routinely tops national “best of” lists for its low cost of living, quality of life, inner-city gems like the Boise River and Greenbelt, and its close proximity to outdoor adventuring.

While Boise is ranked as “more affordable” than the average city on a number of factors, such as healthcare costs and transportation, housing costs are now higher than the national average. Housing prices are also among the fastest-rising in the U.S., which can make finding your dream home at an affordable price challenging.

Fortunately for home buyers, there are still relatively affordable neighborhoods in Boise – you just

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Collister Boise, ID – Know the Neighborhood

A mixture of old and new, rural and urban, quiet days and entertaining nights, make the Collister neighborhood what it is: an uncommonly versatile community with a bright future.

The Collister Neighborhood is a quintessentially Boisean area, where urbanity and old school rural practices mesh to create a happy medium. This established and highly walkable neighborhood is known for its family-friendliness; on any given night, you’re likely to see residents walking their dog, tending their gardens, sipping iced tea on their front porches, or strolling the sidewalks with their kids.

This is an area where residents put down roots and spend weekends brunching with friends, holidays with family, and summers at the local pool with the kids.

One of

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