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