Category Archives: Home Seller Tips

Interest rates up? Sales will be down.

Back in March, I blogged about whether home buyers should buy now or wait for further declines in home values and how interest rate increases could price a home buyer out of the market. A economist with Stewart Title provided a scenario where some home buyers would be priced out of the market if [...]
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Boise area Home Sales – February 2009

Total Homes Sold in Ada County in February 2009 – 265 Boise North – 14 homes with a median price of $250,000 Northeast – 2 homes with a median price of $292,000 Southeast – 16 homes with a median price of $228,900 Bench – 18 homes with a median price of $145,000 South – 10 homes with a median price of [...]
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Facing foreclosure?

Last Tuesday, President Obama, through Treasury Secretary Timothy Geithner, laid out his plan to help homeowners who are facing foreclosure – either because they are already behind in their monthly mortgage payments or because they are about to be. The plan is designed to help homeowners who are having difficulties paying their mortgage payments [...]
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Mortgage Loan Modification Specialists?

The Idaho Department of Finance is warning struggling Idaho homeowners against the upsurge of “mortgage loan modification specialists” who are making promises of relief from increasing mortgage payments. Gavin McGee, director of the Idaho Department of Finance, states that “We are receiving an increasing number of inquiries from struggling homeowners about such offers.” [...]
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Boise Area Homes Sold November 2008

Total Homes Sold in Ada County in November 2008 – 265 Boise North – 23 homes with a median price of $297,500 Northeast-3 homes with a median price of $220,000 Southeast-14 homes with a median price of $210,000 Bench-12 homes with a median price of $140,000 South-7 homes with a median price of $205,000 Southwest-37 homes with a median price of $169,994
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Boise Home Sales October 2008

Total Homes Sold in Ada County in October 2008 – 399 Boise North – 20 homes with a median price of $313,000 Northeast-5 homes with a median price of $425,000 Southeast-23 homes with a median price of $210,750 Bench-25 homes with a median price of $163,000 South-11 homes with a median price of $184,400 Southwest-51 homes with a median price of $195,000
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Boise Home Sales – September 2008

Total Homes Sold in Ada County – 455 Boise North – 21 homes with a median price of $242,000 Northeast-5 homes with a median price of $475,000 Southeast-50 homes with a median price of $220,750 Bench-22 homes with a median price of $170,000 South-14 homes with a median price of $250,000 Southwest-67 homes with a median price of $200,000
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Hope for Homeowners Act

The Hope for Homeowners Act goes into effect today. This Act, passed by Congress and signed by the President in July, provides an opportunity for distressed homeowners to refinance their existing loan into an FHA-backed fixed rate loan.
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Boise Area Home Sales – July 2008

Total Homes Sold in Ada County – 494 Boise North – 28 homes with a median price of $305,000 Northeast-10 homes with a median price of $377,500 Southeast-37 homes with a median price of $226,900 Bench-40 homes with a median price of $160,000 South-12 homes with a median price of $195,000 Southwest-64 homes with a median price of $215,000
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Boise Area Homes Sales – June 2008

Total Homes Sold in Ada County – 531 Boise North – 29 homes with a median price of $328,500 Northeast-14 homes with a median price of $367,500 Southeast-50 homes with a median price of $224,250 Bench-33 homes with a median price of $164,900
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