Archive for the ‘Boise Realtor’ Category

Wilderness Ranch 2015 Report

February 29, 2016

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The Annual review of Real Estate sales in Wilderness Ranch and East Boise County for the 2015 year and the 2016 Forecast.
By: Paul Heim & Darcelle Sander of The New View Team at Silvercreek Realty Group

News and Headlines: Idaho Ranks #1 in Job growth at 4.7%.  Boise makes headlines again for best places to live.  Want to learn how Boise ranked nationally for 50 various categories such as ‘Most Caring city’, to ‘Most Artistic Mid Size City’ to ‘Healthiest City for Women to live’?

Great article can be found here showing where we ranked. http://www.bvep.org/facts/national-accolades.aspx


Year at a Glance:

graph$0 – $69,999 = 9
$70,000 – $89,999 = 4
$90,000 – $99,999 = 2
$100,000 – $119,999 = 13
$120,000 – $159,999 = 9
$160,000 – $199,999 = 15
$200,000 – 249,999 = 14
$250,000 – 299,999 = 7
$300,000 – $399,999 = 4
$400,000 – $499,999 = 6
$500,000 – $599,000 = 2
$600,000 – 699,000 = 0
$700,000 – $799,999 = 1
$800,000 – $900,000 = 1

graph2East Boise County Statistics
Sales Price VS. List Price 96.5% of list price
Average Days on Market 109•    There were 89 home sales in 2015 out of 143 listings.   That is close to a 63% absorption rate and ahead of 2014 by 13%
•    Of which 3 were Short Sales
•    13 of the homes sold were Foreclosed or HUD Home sales (distressed) on par with 2014
•    5 Current Pending Sales as of Jan 21st 2016
•    Highest priced sale $825,000 in Rocky Canyon and lowest priced $40,000  with 800 sq ft in Clear Creek area
•    31 Active listings as of this report
•    Average Days on Market (DOM) 105 days
•    Average list price to actual sale price was only 3.5% difference

We were privileged to be part of the great sales in Wilderness Ranch in 2015 and we look forward to many more slated to close by Spring 2016.

trends

Wilderness Ranch Statistics

• There were 15 Home Sales out of a Total of 24 Listings. Plus counting 3 pending sales in 2015 that closed in January 2016 that is a 75% absorption rate
• One Short Sale
• 3 of the homes sold were Foreclosed or HUD (distressed) of which one is pending still
• 3 Current Pending Sales as of Jan 21th 2015
• Highest Priced sale was $389,900 and lowest priced sale was $110,300 (HUD Home)
• Average non distressed home value was $282,927 up from 2014 average of $236,356
• With a average price per square foot of $121.72 up from 2015 average $118.36
• Average list price to sale was around 2.2%
• Currently there are 3 active home listings
• Average DOM, 93 days

bannerGeneral News and Local Economic Forecast:
2016 Forecast:  The Treasure valley is expected to see continued growth in the Real Estate Market but not as robust as the previous year that experienced double digit gains in some areas.  However last year was a pretty exceptional year.  For 2016 expected growth rates of 6 to 7% are predicted for the Treasure Valley, and if that holds true, it validates we are moving into a more stable and sustainable market.

Activity seems to have started early this year.  In January we closed two properties in Wilderness Ranch and put four additional pending. Already seeing some song birds and robins in abundance so maybe nature is predicting an early spring.  That would be welcoming.  If you’re considering Selling we are recommending to start early this year.  If you would like a free evaluation and consultation of your property on how to prepare your home prior to selling then call or write anytime.  Always happy to help.  We invest a lot into the community and want you to get the best back.

Interest rates are still being held low artificially, but consensus is we will see mortgage interest rates climb this year to around 5% to 5.25% which historically is still very low.  However if you were thinking of refinancing, this spring would be a good time if you have been procrastinating.

We are always easy to reach, so write or call. Often we may be driving up in the hills in Boise County but leave a message and we will always respond back quickly.

To stay up to speed remember to visit Idaho Mountain Real Estate and for Boise County in general visit homes in boise county and if you get a chance stop in and please give us a like on facebook www.facebook.com/WildernessRanchHomes .

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Idaho Statesman reports about the recent real estate frenzy we are feeling in the Boise Treasure Valley area.

June 15, 2012

The Boise market has really been heating up.  An article written by the Statesman “Shortage of homes for sale creates fierce competition”  describes the current conditions we also are experiencing here.  Their article  refers to the L.A. area but mirrors the same frustrations many buyers are having here in Idaho.

Recommended reading.  There are a number of factors that are contributing to this in the treasure valley;
  • We are experiencing an all time low of viable home listings, so the law of supply and demand takes affect.
  •  Boise is an influx city with predictions of continued growth through 2020.
  • Many people are still migrating here,  a high number of which are either newly retired, about to retire in the next year or two and/or semi retired and buying now.  The upside to this is the strong capital they bring to the market as they generally either buy out right or borrow very little on a mortgage.  This in turn helps create a solid foundation in the market.
  • Boise also offers a lot of amenities for families.  I have dealt with many that have relocated here specifically because the environment fosters a great atmosphere to raise their children.
  • Cost of living is reasonable and very moderate compared to most other cities with a major airport.
  • Boise offers a mix of values and services that appeals to everyone but still maintains that small town politeness.

Boise is the only place I ever lived where I look forward to coming home from vacation.  Please let me know how you feel about Boise life and what are your predictions.  I look forward to viewing your opinion.

Latest Housing trends for Real Estate in Idaho

March 17, 2011

Rents in the Treasure Valley area are steadily increasing upwards this year and are predicted to continue their climb as the shortage of available units becomes apparent.   What does that mean for you?  Now is a great time to buy.

Interest rates are still low and there are a lot of Boise area homes available to choose from in varied price ranges. Read the latest real estate news trends and forecasts for the Boise Idaho area and national news.   As always, please call or write if you have any questions.

Ten easy ways to improve the ALLURE of your home for sale.

February 9, 2010
They say people buy on emotion.  Indeed, buying the right home is a very personal endeavor. It has to have the right feel for the right buyer; it needs to feel like home.  Popeye used to say ‘I am what I am.’  Likewise our dilemma when selling our home is often; ‘it is what it is’ and that may not be as pretty as we would like.  So if we have a limited budget and want to make our home more alluring without breaking the bank, what options do we have?

Let’s discuss ten ways that you can improve the allure of your home without breaking the bank.  The first way to save money is by doing the work yourself.  As you often hear  ‘kids don’t try this at home’,  but hey we’re all adults here, so with a little homework and a little sweat we can be on our way to a successful sale.  Here are my top TEN SUGGESTIONS!

1) Staging can be costly but one great suggestion is to hire a staging consultant to come review your home for improvement suggestions.  I have found this to be very beneficial.  For about a hundred bucks, you can have a home stage professional/decorator walk through your residence and give you many practical suggestions about furniture and picture placement and color schemes.  They will write out their plan, then all you need to do is go to work on it.  You may not opt to do everything they recommend, but they will indeed help you get an outside perspective that will appeal to the general buyer.  Sadly, staging your home appropriately is often under rated by sellers but does offer a lot of value.

2) If your willing to put in that little sweat equity, then the first and most common cost effective upgrade I would recommend would be painting.  Don’t go with what suits your fancy, your not selling it to yourself. Stay with a neutral base color scheme.  What is acceptable or considered the norm may vary from area to area and your home type. If your not sure how to color coördinate then ask a friend who does, don’t guess.

3) New carpet is nice but not always cost effective, but what about what is under that carpet?  When it comes to what’s chic, wood is always in and always looks classy.  Refinishing your hardwood can add a ton of appeal to your home.  Even if all you are doing is adding a new coat of shine to it.  A good site to review hardwoods and finishes is A-Max Hardwood.

4) Still have linoleum in your kitchen and bathrooms?  My experience has been that most people associate linoleum with cheap.  Surprisingly tile isn’t all that expensive and not that hard to install.  You can even rent a tile saw pretty cheap for a couple days.  If your really trying to keep the budget down then look for discontinued product.

5) Are your counter tops in good shape?  Do they match with your kitchen and cabinets?  Replacing your counter tops isn’t very expensive if you stay away from granite or corian.  Home Depot or Lowes are both good if you want a quick quote.

6) Nothing dates your home quicker than your lighting.  Buyers will often stereo type a homes quality by the modernes of your lighting fixtures.  Don’t get me wrong, you can spend the farm on lighting, but you can find decent updated fixtures (often on clearance), at a nominal cost.  I replaced nine fixtures in my home for less than $200 bucks.

7) Are your faucets crusty?  Have lime coated toilets and tub? Rickety old toilet seat?  Nothing turns a buyer off more than someone else’s crud. Their crud is OK to them, but not a strangers.  Make sure all your sink fixtures SPARKLE, if that’s impossible with yours then you may want to consider replacing them.  Don’t forget to clean those toilets and tubs good enough to grab a glass of water from them.

8) An easy one we all know is to clean your carpets.  Whether you do it your self or hire someone, it is a low cost item with good return. The clean fresh smell it adds and the new shine is definitely worth the price.

9) Nobody says it better than Shakespeare so I quote “O! my offence is rank, it smells to heaven.”  If you smoke inside your house, STOP!  Take it outside while you are trying to sell. In my experience, the two BIGGEST turn offs to a buyer is a home that smells of cigarette smoke and one that smells of animals, but any bad smell is a no no. While a person may not remember the details of every house they viewed, they will NEVER forget the ones that smelled bad.  That isn’t the impression you want to leave. Many times I have had buyers walk back out the door without even viewing the home.  Buy a fragrance for your home but beware, many people have allergies or are sensitive to smells, so don’t buy the cheapest on the shelf or splatter Old Spice around the house.  I have found that if you stick with a botanical or a better quality fragrance, it is more smoothing and seldom a problem.

10)  Have you ever seen what window treatments can cost?  Oh my gosh, you could buy a second car. But that doesn’t have to be true. I have staged a number of homes and have found quality awesome matching sets of window treatments in stores such as TJ Maxx, Ross, Marshalls, etc… to name a few.  You may need to do some driving.  I once had to visit three Ross stores to find six of the same matching curtains but hey, at $8 to $15 a curtain panel, it was worth the drive.

I hope these tips assist you on your way to a successful home sale, please feel free to comment on any cost affordable tips you have come across so I and others can benefit.

Paul Heim Boise Idaho Real Estate Sales

Your Boise Realtor

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Moving to Boise Tip #2 Relocation Experts

October 1, 2009

Published by Craig on 30 Sep 2009 at 11:57 am

Moving to Boise Tip #2 Relocation Experts

boise homesAfter looking all over the internet for a great place to move, you chose Boise.   The next locgical step would contacting a Boise resident who happens to be a relcation specialist.   In my opinion, I would much rather prefer talking with a local resident who really knows the “lay-of-the land”.   Someone knows the Treasure Valley and has their “boots on the ground”.  There is no way an out of town relo company will have the same ability as a “Local Embassabor” would.

When it comes time to pack and move to Boise, it will be a great feeling to know you will have a team of professionals waiting upon your arrival.  Please take a look at the list of relocation specialist and give them a call.

Craig Ballhagen-Guild Mortgage-Boise-208-713-3309

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Boise County Homes- Living the Idaho Dream

January 23, 2009

Click Here - Boise Home Search

Click Here - Boise Home Search

by: Paul Heim

 

Do you dream of a Home in the Mountains, living amongst the trees, surrounded by the wonders of nature. All too often such locations are too remote for year around living. Look no farther, the Boise County area is a short drive to the city of Boise Idaho & offers the best of both worlds. Where as an everyday occurrence, the beauty of nature is right in your backyard.  Boise County Homes offers a number of Subdivisions and communities to choose from.  Some premier Subdivisions are Wilderness Ranch, Duquette Pines, Osprey Meadows, Elk Run, Elk Meadows, Timber Mountain & Robie Creek.  Some of the communities are idaho City, Placerville, Centerville, & Clear Creek.  Please contact Paul Heim for Boise County Home Information 208 344-5700.

Boise County sports a variety of recreational activities and wildlife to enjoy such as but not limited to;

 

Geography 

Boise County, Idaho consists of approximately 1,908 square miles, with elevations ranging from 2,700 feet to over 10,800 feet above mean sea level (amsl). The mountainous terrain of Boise County includes the Boise River Mountains, the southern end of the Salmon River Mountains, and part of the Sawtooth Mountains. Federal or State managed lands constitute approximately 84% of the County and border much of the remaining 16% land base that is privately owned. Counties that border Boise County include Ada County, Gem County, Elmore
County, Valley County.
If you would like to know more details and demographics for Boise County please CLICK HERE

If you would like more information regarding Boise County Homes & Property contact Paul Heim today (208) 344-5700 or visit http://www.paulsidahohomes.com

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Discover Boise Idaho Real Estate

January 23, 2009
Click Here - Boise Home Search

Click Here - Boise Home Search

Assisting individuals discover the benefits of Idaho Living.  If you would like to discover what Boise Homes have to offer,  visit http://www.paulsidahohomes.com for Boise MLS Home searches and area information.  Covering the entire Treasure Valley AreaContact Paul Heim today for more information 208 344-5700 buyboise@gmail.com

Idaho is an amazing State. If all the lower 48 states were ironed out flat, Idaho would be the largest; its rugged terrain with towering cliff sides, pine-forested peaks and deep canyons make Idaho’s natural scenery one of the wildest and striking in the U.S. The southern half of the state is much lower in elevation compared to the north. The Snake River forms the western border with part of Washington and Oregon before turning into the state and bisecting the southern half, meandering through the fertile Snake River Plain in the eastern part of the state. The Bitterroot Range serves as a natural border with Montana, and further east, the Clearwater and Salmon River mountains extend for miles into the some of the most isolated regions in America.  If you would like more information regarding Idaho please visit http://www.statemaster.com/state/ID-idaho

For images of Idaho’s majestic features please visit the Photo Book of Idaho Images

Idaho is a life time worth of living,  Experience the difference. We’re committed to helping you find a home to place your heart. In Idaho HEIM = HOME

Paul Heim, Silvercreek Realty Group Call today 208 344-5700 or email me at buyboise@gmail.com


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