It is often alarming to pull up the days MLS listings and see 151 new listings and 410 listings with price reductions. To the casual observer this may appear to be panic sales, a holy cow what’s going on with the market moment. Read more
Two cities in the treasure valley made ‘best of’ lists this past week. Two very different lists. The first CNN Money 100 Best Places to Live put Meridian at 62. Read more
Holy cow! Freddie Mac announced yesterday that the average 30 year fixed mortgage rate hit a record breaking 4.58% this week, shattering the previous record (just last week) of 4.67%. Read more
A buzz word floating around the real estate world these days is ‘strategic foreclosure’. These foreclosures are not done because homeowners are facing hardship, forcing them to turn their keys over to the bank. No, these are homeowners that can afford to make their mortgage payments while watching their home values plummet and they now owe much more than their home is worth.
To the west of Boise the gradient hues of pink illuminate the valley sky as evening passes into night. A quick moving summer storm resplendent with the requisite thunder and lightning filled our evening sky for a short time dropping our temperature from a high of 102 to an enjoyable, window opening temperature. Read more