I've just updated the "Local Market Reports" page on my website, TheBoiseValley.com. Below i've put together some "average" data of Canyon and Ada counties. Please keep in mind that this is not very "specific" data and there can be some significant differences between the two counties, various cities, areas, neighborhoods, price points, ect...remember "All Real Estate is LOCAL"! If you need a better breakdown you can download the reports from the "Local Market Reports" page or just contact me and I can put together a report with as much or little specificity as required. I will post updated data around the middle of each month and will post "quarterly" data as it comes in.
Applications for Home mortgages fell sharply last week to the lowest level in 9 years. I think this was mostly due to buyers waiting out the eventual extension of the "Tax Credit". Now that it has been extended and expanded, I suspect we'll see the mortgage activity begin to climb. With the expansion including existing home owners we should actually see the application activity rise above anything we saw over the summer. For a full explanation of the new criteria go HERE to see an excellent chart from the National Association of REALTORS. There is also some excellent FAQs HERE. If anyone out there is contemplating moving to The Boise Valley, or you already live here and have questions...give me a call, we'll chat!
I just wanted to take a minute and wish all of my fellow veterans a Great Veterans' Day!
SEMPER FI
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So, we have a new name to go along with a new deadline...and even "new" criteria. The "Worker, Homeownership, and Business Assistance Act" of 2009 extends the $8K for qualified "first-time" buyers and even expands to offer a credit of $6,500 for "qualified" buyers who are not first timers! For complete explanation as well as some very good FAQs just click HERE. While there has been some concern that this program is stealing sales from the near future...frankly that is above my pay grade. As a REALTOR here in The Boise Valley, it's my responsiblity to concern myself with what's in my client's best interest. I just have to have hope that smarter people than me have their hands on the wheel when it comes to the bigger picture.
Well it looked like another good turnout for the 8th annual Zeitgeist Half-Marathon run around The Hidden Springs community in The Boise Foothills at the North-East end of The Boise Valley! While the registration numbers pushed a thousand it was hard to tell how many
showed up but It looked like several hundred anyway! This is just one of the many foot races run through Hidden Springs each year. Include the many bike races and the "Bicycle Friendly" Community Designation and you have one of the most active communities anywhere in the nation. Moving here several years ago was the best "quality of life" decision our family has made. Our neighbors are a rare blend of caring and fun! Let me know if anyone out there has any questions concerning Hidden Springs or The Boise Valley for that matter!
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I am a Boise Valley REALTOR® with Coldwell Banker Tomlinson Group; focusing on the North End, North West areas of Boise and all of Eagle Idaho.
I met my wife Jennifer in 1998 and we were married in 2004 in a beautiful ceremony at Sacred Heart Catholic Church, followed by a festive Italian themed reception. Later that summer we honeymooned in Malta and the Western Mediterranean. We now have a "multi-generational" family with two precious daughters, three nephews, and a Mother/Grandmother; enjoying all that comes with raising a family and living life to the fullest. I graduated from Boise State with an Associate's Degree in Computer Networking, followed by a Bachelor's of Applied Science and began an IT career as a Network/SMB analyst for a small consulting firm in Boise. A downturn in the local tech sector and a renewed interest in Real Estate and property management was the inspiration for a career change to Real Estate.
Growing up on a family dairy farm in eastern Idaho I learned early that hard work and your word would always serve you well. Graduating from high school in 1986 I began service for our country in the United States Marine Corps soon after. Returning to Idaho in 1991 after serving in the Persian Gulf War, I continued and concluded my education at Boise State University.
I am an "Accredited Buyer's Representative" Agent specializing in the North End and North West Boise and Eagle Idaho areas. I also List properties throughout the entire Boise Valley.
I also have the ePRO designation and leverage my technical background and my knowledge of local and nation Real Estate markets to give my clients a unique insight and an "edge" towards meeting their specific needs. I strive to fulfill my slogan of "Valuable Properties ~ Invaluable Service" with friendly, personalized, and professional service seeking to create a truly tailored Real Estate experience.
"My wife and I recently purchased a home in Boise. Due to the nature of our purchase, a short sale, we encountered many roadblocks, delatys, lack of communication, and resistance from the sellers and their lender. We are so thankful to have had Ric representing us throughout our purchase. From day one Ric demonstrated a firm understanding of Real Estate and proved a consummate professional. With his straight forward and honest communication style, Ric kept us informed and educated throughout the entire process. Ric, thank you for making what seemed impossible...possible for our family. We Love Our Home!"
Steve and Melissa
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