Boise Real Estate Market Insights

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Real Estate Broker/Owner - Front Street Brokers
Boise Real Estate News and Home Reviews from Mike Turner and his team of top Luxury Home Agents at Front Street Brokers in the Boise Idaho marketplace. We review and analyze the best homes on the market and give you our honest opinions of the properties, as well as offer the best market insights you will find in Idaho.
RECENT BLOG POSTS
A "Flip" is a home--usually a distressed property (in foreclosure or neglected shape)--bought for below market value, then remodeled and "flipped" or sold for a higher price in less than a year. This process generally includes a thorough overhaul including paint, flooring, surfaces, lighting, ap...
04/10/2012
The Standard & Poor's/Case-Shiller home price index for the month of January recently showed home prices falling in most major metro cities. Down 3.8% year over year in their 20 City Index, and down almost 1% in January from the previous month. As with any bad news this got a lot of press, in par...
03/28/2012
Boise's home prices saw an 11% jump in March alone, and it has a lot of people talking about why. One theory is that the price increase came due to an increase in demand for new homes, which is certainly a part of the equation, but not all of it. First, there were fewer sales in the under $120,0...
03/23/2012
BOISE REAL ESTATE MARKET UPDATE As of February 2012, the Boise real estate market experienced a 42% jump in residents who refinanced their home mortgage, compared to the previous year. This increase in refinances is largely attributed to the new HARP 2.0 program that is finally available for home...
03/20/2012
While the nation holds their breath on whether or not the 2012 housing market will finally climb out of doldrums, Boise, Idaho is quietly surging ahead with, amongst other things, an explosion in new home sales. As of February 2012, pending new home sales were up over 75% compared to last year fo...
03/15/2012
It seems when I discuss any positive real estate news there is still a lot of concern from consumers and even industry professionals about the threat of a large number of backed logged foreclosures they’ve heard is destined to crash the market at some point in the near future. This threat of bac...
03/07/2012
Bank-Owned Luxury Foreclosure in Eagle's Banbury Meadows Eagle Luxury Foreclosure Review: Brand new on the market, bank-owned luxury foreclosure right on the 6th and 7th tees of Eagle's Banbury golf course. Amazing golfing, amazing home, and amazing views for an amazing deal--just $395,000. 3 bed...
03/07/2012
A foreclosure start occurs when a homeowner falls 3-4 months behind in their mortgage payment, and the mortgage company files a notice with the county. Starts don't always end in foreclosure, but they're a good indicator of how many foreclosures will eventually end up on the market. Boise forecl...
03/01/2012
Pending home sales hit a 21-month high in January, but that is not what you will likely hear about in the news. What is making headlines is that home prices in the fourth quarter of 2011 have, on a whole, dropped to new lows. Some of the cities seeing the biggest drops in late 2011 were Atlanta ...
02/28/2012
If you've been looking to buy a home in the Boise area lately, you've probably experienced some frustration in not finding what you want amongst the record low number of homes available. Our inventory of homes for sale in 2008 was so high that it dropped prices dramatically, and consumers starte...
02/21/2012
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MikeTurner

Agent and Owner at Front Street Brokers Boise Real
local_phone(208) 740-5000
smartphone(208) 340-8399
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Boise Real Estate News and Home Reviews from Mike Turner and his team of top Luxury Home Agents at Front Street Brokers in the Boise Idaho marketplace.  We review and analyze the best homes on the market and give you our honest opinions of the properties, as well as offer the best market insights you will find in Idaho.