We Know Boise Real Estate
Selling A Home
Found 19 entries about Selling A Home.

Boise Real Estate Market March 2020

The Treasure Valley fulfilled national expectations of being the hottest real estate market in the country – in March, at least.

Both Ada and Canyon counties boasted record-high sales prices last month, just as coronavirus concerns began to impact local housing markets.

In Ada County, the median single-family home sold for a record-setting of $365,645 in March. Compare it to a median price of $336,110 during the same period in 2019 and you’ll see an 8% growth in prices. Not surprising given the healthy market forecasts for the Treasure Valley.

New record-setting prices were helped by a few factors: mortgage interest rates fell to all-time lows in February, which helped buyers funds go further. Yet there were fewer homes than ever on the

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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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Idaho Housing Markets Set New Records

Boise home price increases lead the nation; mortgage costs plummet.

It's official. When compared to the top 100 U.S. metro areas, Boise was the fastest appreciating city in the nation in the fourth quarter of 2019. According to the same report from the Federal Housing Finance Agency, Idaho was also the fastest appreciating state in the county. What's more, both Boise and the state have held these titles for three consecutive quarters now.

It's no surprise that we're seeing housing records shattered throughout the Treasure Valley. In February, Canyon County home prices hit a new record, as did prices in Nampa, Eagle and Boise.

The median price of a house sold in Canyon County in February was $264,990, which is up 16.74 percent or close to

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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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Client Appreciation Party

Here are We Know Boise, the heart of our business is you, our clients and partners.

That’s why we host client appreciation events throughout the year—to say thank you and express our gratitude. In July, we hosted a “Last Taste of Summer” client appreciation party at Bodovino at The Village at Meridian and the event was a success!

Our client appreciation events are the highlight of our year. Without our clients, we wouldn’t be in business and we look forward to every time we get a chance to connect. As a team, we enjoy catching up with clients we assisted years ago, as well as current and recent clients.

At last month’s event, we reconnected with some of our very first We Know Boise clients—a special treat—as well as newer faces. Held at

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Take an Inside Look at the Latest in New Construction at Oregon’s Street of Dreams

I may not be able to predict the future, but I can give you some hints about what you’ll see in Boise’s new home construction in the coming years. That’s because I recently attended the NW Natural Street of Dreams at Stafford Meadows in Wilsonville, Oregon, just 20 minutes outside of Portland.

Just like our highly-anticipated local Boise Parade of Homes, the 2019 Street of Dreams showcases stunning examples of modern and innovative design, construction, floor plans, landscaping, and finishing touches.

The six homes I toured were excellent examples of what we’re seeing and will continue to see in the Boise new construction market and provided ample inspiration for those looking to build.

Farm to Table by builder Renaissance Homes - 2019 Street of Dreams Bespoke by Red Hills Construction Generations by BC Custom Homes

Priced from $1.1 to $1.8

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Five years of data and appreciation trends in the Boise real estate market

You have heard it before, "buying a home is a great investment." But just how good has owning real estate in the Boise market actually been?

As it turns out, probably better than you think.

The median home value in Boise has risen for eight years in a row. If you bought a house in that timeframe, you have most likely done very well.

While some fortunate buyers may have purchased at the market bottom, about half have purchased in the last five years, making that a better frame of reference.

Between the first half of 2014 and the first half of 2019, median home values in Boise jumped a staggering 68.4%.

So what happened if you bought a house in Boise five years ago?

If you bought in 2014, you paid the then median price of $193,000 and like the

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Idaho Homeowners Exemption: Save On Property Taxes

Have you applied for your Idaho Homeowners Exemption for the 2020 tax year yet?

If you’ve recently purchased a house or moved to Idaho, you may be eligible for a property tax exemption. You’ll likely spend more money on owning a home than any other one thing in your life, so a tax break is a welcome relief.

A property tax exemption reduces the net taxable value of your home and up to one acre of your property. Instead of calculating your property tax percentage based on the full value of your home, the Idaho Homeowners Exemption subtracts $100,000 and determines your tax rate based on the resulting amount.

In 2019, the legislature set the exemption reduction at an even $100,000 (up to a maximum of 50% of the properties value), to remain in

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Boise Housing Market Forecast 2019: 5 Trends to Watch

Where is the Boise real estate market headed in 2019? In a nutshell - a move to a more balanced market.

First a quick recap of what’s happened over the last twelve months:

  • Boise area home prices jumped nearly 20%, with most neighborhoods showing flat or declining inventory.
  • Construction of new homes increased a bit but not enough to offset the high demand we saw from buyers.
  • Mortgage rates have risen from 3.92% to 4.87%, an eight-year high.

Price Appreciation Slows

Home values in the Boise area have been outpacing the national average since 2011. The double-digit appreciation we have seen over the last year will be a thing of the past in 2019.

The combined effect of higher home prices and higher mortgage rates pushed Boise

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What Boise Buyers Are Looking for in New Construction Homes

A new construction home is an ideal opportunity to have the house you’ve been dreaming of. While every client we assist is unique, there are some “wants” and “must-haves” we see on house wishlists across the board. Here’s a quick look at what we are seeing buyers ask for in a new home.

People-Centric Floor Plans Designed for Modern Living

There was a time when it was highly fashionable to segment a home, usually to add a sense of formality and to sequester the kitchen and bedrooms away from the entertaining areas.

Today, buyers want open floor plans with lots of natural light and are ready to sacrifice formal dining rooms, parlors, and living rooms to get it.

While open concept is nothing new, the focus has moved from the living room to

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