Bradley Oliver

This has been a very busy winter! Many sales and many multiple offers on several properties in several areas including Nampa and Eagle!

So why is this happening? Inventory is continuing to drop!! Here are the numbers.

January 2010 our average inventory level was right around 9 months worth of inventory in Ada County and close to 10 months worth in Canyon County.

At the end of last month, the average invetory numbers for Ada and Canyon Counties are between 4-5 months and still dropping! By the way, that's good!!

The lowest area in Ada was in MLS area 650 Boise at 3.8 months of inventory. The lowest area in Nampa was MLS area 1250 at 4.1 months worth of inventory. We are very close to becoming a sellers market again if not already.

As far as inventory as per price range goes here are the numbers:

$0-$99,999 the months supply of homes is right around 3.1 months!! Wow!

$100,000-$199,999 the months supply of homes is around 4.1 months!! Wow again!!

And all these numbers are at the end of our slowest part of the year!

So if you are even thinking about selling your home and wanted to wait, don't wait. Call me today Brad Oliver at 947-4659 and let me show you what the numbers mean for your home in your area.

I have more buyers than homes right now and I know other fellow agents are having the same issues.

Dont miss the market. This includes buyers also. Don't miss it, or you will to wait for the next market cycle.

Brad Oliver

bradley@century21.com

208-947-4659

Boise short sale, Meridian short sale, Eagle short sale, Nampa short sale Update!

Things are changing for the better in my opinion when it comes to short sales. As a matter of fact many realtors across the country and here locally are say this is the year of the short sale. I would have to agree.

In more and more cases, some lenders are actually paying cash, big cash to convince the home owners to do a short sale instread of letting their home go to foreclosure. Why? It just makes more sense and in many cases helps the lenders bottom line and also helps the neighborhood.

Another plus of doing a short sale today comparared to a year or 2 ago is now many lenders are doing what's called a co-op. This is where the lender actually approves and set a list price before the realtor actually puts the home on the market. That is awesome in my opinion!!

So if you are having problems paying your house payments and would like a confidential consultation, please call me Brad Oliver today! Don't wait another day. You have options! Lets put all of this behind us and get on with our lives!

Call today 208-947-4659 or visit my website and fill out the form at the bottom of the page http://www.idahobidders.com/short-sale-questions.php

Thanks

Brad Oliver

Century 21 1st Place Realty

545 N benjamin Ln ste 185

Boise, Id 83704

Investors Only!

This is a very important Limited Offer! See below

Limited time only! We will either run out homes first or run out of time! Don't miss this if you have been waiting for a great deal!

We have put together a package for investors that is hands down the best deal of the year!! Get this deal before it goes public next week! This way you have your choice of homes to pick from.

We have a deal setup between an owner of brand new single family residential properties and a local bank to offer you the investor (new or seasoned) a 2-1 buy down. So basically you will get 2 points off the going investor rate for the 1st year for a brand new low maintenance home. What does this mean for you?:

• Immediate cash flow
• Tax deductions
• Low vacancy rates means no waiting for qualified renters
• Low maintenance homes
• Great locations

Call today 947-4659 and ask for Brad for more details or fill out your information below.

Go to Form

Yes, the numbers don't lie! Inventory levels are low in many areas surrounding Boise. This is one of the most important factors on our housing recovery.

Here are the numbers:

Inventory numbers have dipped below the 6 month threshold. This is one of the most important factors that our area has been fighting for years. This means we have less than a 6 month supply of all single family homes combined. In some price ranges we are well below the 3 month supply.

Distressed property numbers are also down in Boise, Eagle, Meridian. For the first time in many months, the number of distressed homes (bank owned, REO short sales) compared to fair market homes has fallen below 50% and has stayed there for a few months. This is important for home sellers because they do not need to compare to so many distressed homes and is closer to a "normal" market again.

Unemployment numbers has dropped in Ada County, this is another good factor for our housing market of course.

Intrest rates are still very low, this is great for new home buyers and move up buyers also.

Be careful not to miss this market change home buyers. Intrest rates can climb at anytime and they usually go up more quickly then they come down.

I would love to sit down with you personally to show you the current numbers of our area, not the national numbers, our local numbers. Real estate is local. This is very important.

Call me today at 208-947-4659 or you can email me also bradley@century21.com

We are accepting new clients. Call or email today to schedule a one on one. Call today!!

Brad Oliver

Century 21 1st Place Realty