Altos Research: If you are into graphs and up-to-the-day data on your market, give this a try…
April 25, 2009
Here’s Boise, ID
See how you like it; I checked it against our Intermountain MLS data and it does appear to be pretty accurate. Might even link it on my Active Rain forum here, and would appreciate your feedback in the comments section below.
As yet, IMLS does not break out the foreclosure/short sale/REO data in their monthly/quarterly reports, but perhaps that is coming soon; our local listings just began utilizing these classifications for ease of searching. Boise and Meridian both are great examples of areas so large that they are broken into several pieces, such as “NE Boise” or “Boise Bench,” etc., so if you’re interested in info for a specific area, please just let me know! 
Could “Spring-Springing” explain the large jump in total SOLD single family homes since last month? Meanwhile, notice the larger increase in the number of SOLD new construction single family homes. Eagle’s average price took a hit, while the number of Ada County single family homes actively for sale rises steadily from the beginning of this year…
| ADA COUNTY | March 2009 | February 2009 |
| Number for sale | 3852 | 3863 |
| Total Number Single Fam SOLD | 369 | 265 |
| SOLD New Construction/Existing | 71 / 298 | 48 / 218 |
| Average Price | $197,026 | $202,768 |
| Days on Market | 101 | 93 |
| Eagle Sold | 24 | 16 |
| Avg Eagle Price | $307,727 | $354,331 |
| NW Boise Sold | 22 | 12 |
| Avg NW Boise Price | $212,504 | $182,304 |
| Ada County Homes Actively for Sale | 4798 | 4708 |
| Foreclosures Active | 233 | 193 |
| Short Sales Active | 948 | 835 |
| REO’s Active | 214 | 242 |
Below is a market report grid for Ada County. Data pulled from Intermountain MLS. If you would like additional information on a specific city within the county, please write Bev@AccentIdaho.com and I’ll gladly oblige. As yet, IMLS does not break out the foreclosure/short sale/REO data in their monthly/quarterly reports, but perhaps that is coming soon; our local listings just began utilizing these classifications for ease of searching. Boise and Meridian both are great examples of areas so large that they are broken into several pieces, such as “NE Boise” or “Boise Bench,” etc., so if you’re interested in info for a specific area, please just let me know!
| ADA COUNTY | February 2009 | January 2009 |
| Number for sale | 3863 | 3764 |
| Total Number SOLD | 265 | 232 |
| New Construction/Existing | 48 / 218 | 51 / 181 |
| Average Price | $202,768 | $210,928 |
| Days on Market | 93 | 94 |
| Eagle Sold | 16 | 16 |
| Avg Eagle Price | $358,912 | $354,331 |
| NW Boise Sold | 12 | 14 |
| Avg NW Boise Price | $182,304 | $240,670 |
| Ada County Homes Actively for Sale | 4708 | 4683 |
| Foreclosures Active | 193 | 162 |
| Short Sales Active | 908 | 835 |
| REO’s Active | 255 | 242 |
Below is a market report grid for Ada County. Data pulled from Intermountain MLS. If you would like additional information on a specific city within the county, please write Bev@AccentIdaho.com and I’ll gladly oblige. As yet, IMLS does not break out the foreclosure/short sale/REO data in their monthly/quarterly reports, but perhaps that is coming soon; our local listings just began utilizing these classifications for ease of searching. Boise and Meridian both are great examples of areas so large that they are broken into several pieces, such as “NE Boise” or “Boise Bench,” etc., so if you’re interested in info for a specific area, please just let me know! 
| ADA COUNTY | JANUARY 2009 | DECEMBER 2008 |
| Number for sale | 3764 | 3801 |
| Total Number SOLD | 232 | 304 |
| New Construction/Existing | 51 / 181 | 70 / 234 |
| Average Price | $210,928 | $206,116 |
| Days on Market | 94 | 81 |
| Eagle Sold | 16 | 17 |
| Avg Eagle Price | $354,331 | $288,505 |
| Star Sold | 12 | 16 |
| Avg Star Price | $257,337 | $262,143 |
| Ada County Homes Actively for Sale | 4683 | |
| Foreclosures Active | 162 | |
| Short Sales Active | 835 | |
| REO’s Active | 242 | |
REDUCED! VIEW! NO YARDWORK!
March 3, 2009
PINEBROOKE PLACE, in NW Boise:
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In or Near Default?
September 23, 2008
Ugly signs all around you? Feel lost? Bewildered? Confused? Don’t know what to do? Boise, Eagle, Meridian, and Star Area Homeowners who are facing words like “foreclosure,” or “default,” perhaps “auction” –or all three, I will consult with you for free, and we will decide what is best in your situation. 
I am a knowledgeable, experienced Idaho Real Estate Broker, and I will come to your aid. If we find that short sale is the best option, I am versed in this process and I can help. We will work with your bank and get the house sold so that you can get on with your life. 208-353-9876 is the number to call. I’m discreet, I work hard, pay attention to details, and am very responsive.
NEW Construction in Meridian
July 30, 2008
1913 E Grand Canyon Dr, Meridian ID 83646~only $279,900…just $99/sf
Window treatments already installed on main level.
Gorgeous!
July 28, 2008
2836 S Jiovanni Pl, Meridian ID 83642
“So How Is the Market In Boise?”
July 20, 2008
…The popular question posed during my recent visit to smoke-clearing California, and while there, I plunked down in the Folsom Borders for a few minutes and perused about 4 paperbacks. One of them was Rich Dad’s Advisors: The Advanced Guide to Real Estate Investing: How to Identify the Hottest Markets and Secure the Best Deals by Ken McElroy, and immediately I thumbed to the chapter on the hottest markets. Readers can correct me if I’m in error on the number, but #7 or #8 (I think it was…) was–you guessed it–Boise! Looked like an interesting, fairly easy read, and I believe it was released just this June. Maybe Spud readers could post some comments if they’ve read it? I did see mention of the Kiyosaki books, which consistently hit on real estate for solid investments.
View! No Yardwork! Great Floor Plans!
July 13, 2008
PINEBROOKE PLACE, in NW Boise:
Neighborhood Independence Day Parade…Eagle Knoll
July 4, 2008
3 Fantastic New Local Real Estate Trends…
June 23, 2008
1. Buyers are cutting to the chase, and not quitting their day jobs to look for a house. Instead, they’re making a wise, bold move right out of the chute, and getting in touch with a market-savvy agent/broker to get the “job” done right. Why? Most likely because time is money (and taking time off of a day job is a pretty tough proposition right now), knowledge and experience in your local, ever-changing market is key, and the realization is that in most cases it’s the seller who pays the agent anyway. Not to mention, our skills and training are utilized in the long run, since the majority of home buyers do not write up their own purchase and sale agreements and other written contracts.
2. Contrary to the latest “homebuyer-humor” heard lately at the Spud, there are more buyers hitt
ing the streets with agents than one might think, even after (unfortunately) carefully watching “the news” every night. The joke? Extracted recently from the air around a handful of local real estate industry (not agents) gurus: “Hahaha; yep, buyers will buy, just as soon as the interest rates go back up!” The moral of this story: push back from the tube, call your broker and tell her you want to see listings via email (saving gas!), make a list, check it twice, and head out for some of the best deals we’ll ever see. –There are more buyers than we’ve seen in recent months; they’re just more cautious, have a lot of inventory to shop, and obviously moving at a slower buyer pace than we were used to in recent years.
3. The recent real estate vocabulary is morphing, however slowly. From “psychological recession,” and “mortgage meltdown,” we’ll eventually move to “buyer-boom.” From “short sale,” to “REO, with the BPO complete.” FYI, “Bank owned” sometimes shows up on a listing, or to sort of disguise this, it’ll say “corporate addendum required,” with, quite often, many warnings about how to prove how qualified you are financially show up in the remarks section of the listing. Either way, the “bank owned” term may change a little bit, but the prediction is that the concept’s here to stay for awhile. Perhaps until the buyer-boom kicks-in to start absorbing some of the REO, we’ll just have to wait and see what the term “bank owned” changes to. –Any guesses Spud-readers?
