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Bev Boeck

Boise Area Real Estate / Ada County Market Report for February 2009 (as of Mar 15)

03-16-09
Bev Boeck

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

Boise Idaho Real Estate

"Transparency" from the City of Eagle, Idaho

03-16-09
Bev Boeck

Following @idahofreedom on Twitter I found an article from the CDAPress containing major kudos to the likes of Eagle, Idaho opening its check and receipt register for all to see on the city's website! The link is called "transparency" and can be found on the left side of the homepage--what a breath of fresh air! Way to go, Eagle, Idaho!

@RealtorIdaho

What is TARP Money and Which Idaho Banks Seem to be Lending?

03-05-09
Bev Boeck

The U.S Treasury's program to infuse money back into the banks so that, in theory, they'll lend money out, is called the Troubled Asset Relief Program. Two hefty banks that operate here in Idaho who were recipients of "TARP Money" and seem to be doing some lending are Key Bank and U.S. Bank. U.S. Bank received $6.59 billion, but hasn't utilized it yet. Key has received $2.5 billion and is apparently already boosting its own ability to lend.

In Case You Missed It: Meridian School District's Special Levy Passed

03-05-09
Bev Boeck

The March 3rd Idaho Statesman has the final tally. By a very wide margin, the district will be able to utilize the twenty million dollars over the next two years to do things like help keep the schools supplied, and hire additional personnel to keep class sizes down. FYI, the levy will equate to $58 for every $100,000 of assessed property value for homeowners.
BB

Awfully Lonely at the Special Levy Election Site Today!

03-03-09
Bev Boeck

--Uh-oh...? It was kind of ironic to stick my ballot through the slot, with the volunteer exclaiming, "Beverly Boeck has voted."--To no one. Funny in a way. Roger Howell of Trinity Home Mortgage says, "It can be very confusing for people the way we handle these special elections. I saw the state lawmakers have introduced a bill that would consolidate the election dates." That would be great, especially since perhaps many registered voters might well be "electioned-out" at this point, after last November! Soon enough, we shall see if I was just lonely, or I picked good timing not to have to wait in line...

BB