Meridian, ID Real Estate News

By Trey Langford, BuildIdaho.com
(BuildIdaho.com)
The 2011 Boise Parade of homes is the largest home show in years. 40 Parade homes by 33 Boise builders with beautiful homes in Boise Eagle and Meridian Idaho. Show starts April 30th and runs to May 15th. Each home is open daily. Monday to Friday 5pm to 8pm and Weekends noon to 8pm. Locate Parade Homes- View Interactive Map Vote for the Best Boise Parade Home and share why! Voting starts April 30th   Parade Home Builder Company Parade Home Address Boise Realtor Contact www.MyColemanHome.com Coleman Homes Thomas Coleman 208/ 424-0020 Oak Creek 4951 W. Astonte Street Meridian, Idaho Jonathan Welch Pinnacle Real Estate of Idaho, LLC Tahoe Homes, LLC Jake Centers SpurWing Greens 6725 N. Moon Drummer Way Meridian, Idaho Will Dilmore Woodhouse Group James Clyde Custom Homes James Clyde SpurWi...
Comments 0
By Kelly Wuthrich, Eagle & Meridian ID Real Estate
(Silvercreek Realty-Eagle, Meridian, Boise, Kuna, Star~IDAHO)
March 2011   There are currently 7 active properties in Meridian Idaho's Tumble Creek Subdivision.  Of these, 5 properties are possible short sales (3 of the 5 are Contingent Short Sale)and 2 properties are traditional sales.  Homes prices range from $116,600 for a 1716 sq ft 3 bedrooms 2 bathrooms, 3 car garage on a 0.18 acre lot to $199,900 for a 2578 sq ft 4 bedroom, 2.5 bathroom, 3 car garage home on 0.20 acre lot.   There are currently 3 homes under contract in Tumble Creek Subdivision.  1 home is bank owned and 2 are traditional sales.   Since January 1, 2011, 2 homes have sold in Tumble Creek.  Both of these homes were traditional sales with an average sold price of $152,200 or an average sold price per square foot of $69. To learn more about Tumble Creek Subdivision in Meridian...
Comments 0
By Kelly Wuthrich, Eagle & Meridian ID Real Estate
(Silvercreek Realty-Eagle, Meridian, Boise, Kuna, Star~IDAHO)
March 2011 There are currently 13 active listings in Meridian's Bridgetower Subdivision.  Of these, 7 properties are listed as short sales (6 of which are currently classified as Contingent Short Sale), 4 properties are new construction properties, and 2 properties are traditional sales.  Prices range from $174,900 for a 1664 sqft home with 3 bedrooms, 2 bathrooms, 3 car garage on a .22 acre lot to $369,000 for a 3479sqft home with 4 bedrooms, 3 bathrooms, 3 car garage on .31 acres. 11 properties are currently under contract in Bridgetower Subdivision.  Of these, 1 property is bank-owned, 2 are short sales and 8 are new construction.  Since January 1, 2011, a total of 11 properties have sold in Bridgetower Subdivision.  Of these, 2 properties were bank-owned, 3 short sales, 5 new const...
Comments 0
By Trey Langford, BuildIdaho.com
(BuildIdaho.com)
Northwest Meridian Idaho Home Values & Real Estate Report Average Quarterly Sales Price of New and Resale Homes in Northwest Meridian Source: Intermountian MLS NW Meridian Subdivisions Available for New Construction Northwest Meridian Townhomes & Condominiums Starting Home Values       NW Meridian Entry Level Subdivisions Lot Sizes Lot Prices Starting Home Values Ambercreek Subdivision          On Meridian Rd S of Mcmillan 0.1 to 0.2   $123 - $190k Cedarcreek Subdivision off McMillan between Meridian and Linder     $126 - $156k Chesterfield Subdivision   S of Pine & E of Black Cat Rd 0.07 to 0.17   $123 - $199k Mill Iron      Northeast corner of Black Cat & Cherry Lane 0.18   $172 - $189k Sienna Creek W of Meridian & N of Ustick 0.16   $139 - $179k Silverleaf Subdivision   On Chinden tu...
Comments 0
By Jim Paulson, Owner,Broker
(Progressive Realty (Boise Idaho) www.Progressive-Realty.info)
  Update:  This home was taken off the market back in 2011 but will be relisted in 2014 after some updates are completed. Great new listing in Meridian, Idaho.  I had this home built for these clients back in 2003 and now it is time for them to move on to the next chapter of their lives.  Great 4 bedroom 2.5 bath home in a very convenient community complete with pool, tot lot and large park.  Possible lease purchase opportunity!  335 Moskee Meridian ID 4 bedroom hom only $164,900 $164,900.00  335 E. Moskee, Meridian, ID 83646 33 Photos 4 Bed, 2.5 Bath2020 SF Tour # 2414059   Very flexible open floorplan designed for a family. Large lving room leads into spacious great room. Kitchen has island breakfast bar and separate large pantry area. Owners had french doors added to bedroom adjacent...
Comments 4
By Tim Burroughs, Your key to a smooth move!
(RE/MAX Executives)
Each week I look through the listings available and try to find the best real estate buys in Meridian, Idaho.  This week only netted five options but all five are remarkable deals in a market filled with short sales and foreclosures. Meridian was first called that name when the Odd Fellow's named their lodge in recognition of Idaho’s principle surveyor’s meridian, which runs along Meridian Road as it passes through town. Meridian has a new city hall and just inside the front doors and to the left is the Historical Society's treasures that anyone can come by and learn the history of this city which began as a town of 200 just a hundred or so years ago. The Dairy Day celebrations each each come from the fact that the heritage of this area were its large dairy farms and the milk and other ...
Comments 1
By Tim Burroughs, Your key to a smooth move!
(RE/MAX Executives)
Every week I try to go through the multiple listing service (MLS) database and look for the best real estate buys in Meridian, Idaho.  Many people know where Boise, Idaho is, but many from outside our state are not aware of Meridian, Idaho.  If you are in Boise, Idaho and you drive due west you often can't tell when you cross over into Meridian.  In the 1970's there was a gap of several miles between to the two communities, but both cities have grown where they are touching at most areas.  Meridian was probably more agricultural than Boise in the early years, but then Meridian became a bedroom community for Boise.  Most of the jobs were in Boise, but over time and with the growth of Meridian many companies have decided to locate their firms within the Meridian City limits. Meridian, Ida...
Comments 0
By Tim Burroughs, Your key to a smooth move!
(RE/MAX Executives)
Another week has gone by and I have more best real estate buys in Meridian, Idaho.  I make a point to search for homes that will be resaleable.  I look for at least three-bedrooms, at least 2-baths, and at least a 2-car garage. When I look for best buys I try to find homes that are priced well for what they offer. As an example here's a home with almost 2,300 square feet.  It has three-bedrooms, two and 1/2 baths, an office, a living room downstairs and a bonus room upstairs.  It will be back on market in March. Most of these homes could be good for either homeowner-occupied or tenant-occupied. Our market has had an adjustment over the last four years and now seems to have been stable so now is the time to buy before we see interest rates increase and erase all the possible savings by h...
Comments 0
By Homes For Heroes
(Affiliates nationwide for Hero Rewards)
Introducing a new addition to the Homes for Heroes family! “As an Associate Broker with Silvercreek Realty Group I was very excited when Homes For Heroes was introduced to me. I truly believe that the heroes in our communities deserve some extra recognition and support. I am honored to be a participant and give back to our heroes. I am E-Pro certified, which means I can work with you in person or long distance via the internet. Please feel free to visit my website www.RichNesbit.com. The perfect client for me is one who expects great service. Not good service great service. ‘One must have a good memory to be able to keep the promises that one makes’ – Friedrich Nietzsche I have been in the service industry for 30 years. For me it is a way of life. I look forward to serving you as you ha...
Comments 0
By Tim Burroughs, Your key to a smooth move!
(RE/MAX Executives)
Every week I search the multiple listing service and find the best real estate buys in Meridian, Idaho.  I start by looking for a minimum of three bedrooms, two baths, at least 1,200 square feet, and at least a two-car garage. This weeks list netted twenty-six homes under $60.00 a square foot, which is quite a bargain in any market but especially when you could not replace it for that costs. Since I have these lists available, just write to me at Tim@TimBurroughsGroup.com, ask for the best real estate buys in Meridian, Idaho list and I'll send you one. If you have other criteria or you don't want a single family home then let me know what you are looking for and we can research and send you the results that match it. If you would like to have access to a code you can text to with an add...
Comments 0
By Tim Burroughs, Your key to a smooth move!
(RE/MAX Executives)
Every week I try to locate the best real estate buys in Meridian, Idaho. As a former real estate appraiser and a current Realtor since March 1, 1995, I have the experience to view homes and determine if they are a good deal or not.  These represent those homes that have a minimum of three bedrooms, two baths and at least a 2-car garage. I also look at price per square foot to determine where you could not replace these homes when compared to the cost of new construction.  In appraisal practive we could not value a home at a greater value than the cost to re-build it. If you would like a list of the available homes or would like to schedule a viewing, please e-mail me at Tim@TimBurroughsGroup.com or call me at 208-409-7653.
Comments 0
By Tim Burroughs, Your key to a smooth move!
(RE/MAX Executives)
I set out to find the best buys in Meridian, Idaho this morning.  When you try to find the best buys, do you look for the most square footage for the dollar, or what?  We tried to look at all homes that were listed for less than $50.00 per square foot. Then, we looked at those homes to see if they were really a good value.  We also looked for homes with at least 3 bedrooms, 2 baths, 1,200 square feet, and a 2-car garage. Then, we looked at the probablity for a quick close as an investor wants to see his/her money turn. We found eleven and reduced that number by the ones that were short sales since we don't know when those would close or if they would close for the listed price. We came up with six homes that are either bank-owned, new construction or in-between resale homes that have ex...
Comments 0
By Homes For Heroes
(Affiliates nationwide for Hero Rewards)
Introducing a recent addition to the Homes for Heroes family! Bob has been in the mortgage industry since 1984 and has worked for large lenders in Florida, Tennessee, California and Idaho. Bob earned a B.A. in Secondary Education from Ball State University and teaches a credit counseling classes at Love, INC, in Boise and Nampa and has been a leader of Dave Ramsey’s Financial Peace University. He is an active member of Meridian Kiwanis, a past president of Boise Metro Rotary and actively involved with the Idaho Business League and ESGR. (Employee Support of Guard and Reserve). Bob helped form the Idaho chapter of Homes For Heroes for several reasons. Both of his kids are military and he knows what sacrifices they have made. His daughter Beth is a linguist in the Navy and his son, Dan, j...
Comments 1
By Don Wixom, "Looking out for your next move..."tm
(RE/MAX Executives Nampa, ID)
If you’re planning on buying or selling a home in Meridian Idaho, you might want to consider this information to help you price your home in the right category or find where the best deals might be.    When looking at the average number of homes sold each month during 2010, divided into the current inventory available, here is the breakdown of the absorption rates for Meridian Idaho Home Sales:    $0-$100,000   11 sold / month          Current inventory is 49 or a 4.45 month supply (6.5% of the market)   $100,000-$150,000   53 sold / month          Current inventory is 268 or a 5 month supply (35% of the market)   $150,000-$200,000   42 sold / month          Current inventory is 189 or a 4.51 month supply (25% of the market)   $200,000-$300,000   36 sold / month          Current invento...
Comments 2
By Dean Tucker NMLS 103829, Mortgage Banker
(Dean Tucker OneTrust Home Loans)
The housing market continues to expand, and surprise. According to the National Association of REALTORS®, November's Pending Home Sales Index gained 3 percent from October. A "pending home sale" is a home under contract but not yet closed. The index is now at its highest point since April 2010's federal tax credit contract expiration deadline. If the tax credit really did "borrow" sales from the summer months, as has been theorized, housing has rebuilt its foundation.  We know this because, of all the housing data available to Eagle  homeowners and home buyers, the Pending Home Sales Index stands apart as a forward-looking report -- its designed purpose as described in its methodology. Because 80% of all homes under contract close within 60 days, and a statistically significant share of...
Comments 0
By Jim Paulson, Owner,Broker
(Progressive Realty (Boise Idaho) www.Progressive-Realty.info)
I thought I would share a situation regarding a major double standard I am facing with Fannie Mae regarding a potential home purchase. I have a client that is trying to buy a larger home.  Instead of selling his home at what we believe is the bottom of the market, he will keep it as a rental since it will cash flow.  I understand that with concerns over strategic defaults, that the lender can not use income (projected) on his current home since he does not have a one year history of that income and that they will have to still count his payments, etc., as a debt. Even with those limitations, my client qualifies! We made an offer on a Fannie Mae REO and was SHOCKED that it got rejected since they are calling my proposed Owner Occupant and investor since he will be owning a second home! ...
Comments 14
By Jim Paulson, Owner,Broker
(Progressive Realty (Boise Idaho) www.Progressive-Realty.info)
I was really surprised this week when one of my clients was getting pre-approved for a home purchase.  This young couple is upwardly mobile with a growing family and needs a larger home.  I thought they would be a "slam dunk" since they have: great credit; good jobs,  no car payments; no credit card debt; only owe about another $8,000 on student loans However, the lender tells me: If the home they are inheriting out of state free and clear records prior to their closing the new home, it will be considered a liability since they will have to show things like property taxes as an expense and can't count the income yet since it hasn't been on the record for a year; We can't even wait for it to record and then do a home equity loan against this house since that would show as even more debt;...
Comments 9
By Deborah Byron Leffler BzyBee Real Estate Lady!
(Keller Williams Realty Boise)
Journey to Bethlehem Walk through the city of Christ's birth A live Nativity December 11-12, 2010 5:30-8:30 pm Meridian Seventh Day Adventist Church `1855 N Black Cat Road Meridian ID For additional information please call: 208 376-4577 or 208 455-1675 FREE Admission Allow one hour to walk to complete the tour Please dress warmly for the weather and wear comfortable walking shoes.
Comments 2
By Don Wixom, "Looking out for your next move..."tm
(RE/MAX Executives Nampa, ID)
For the first 11 months of 2010, Meridian, Idaho experienced phenomenal sales activity! With a population just over 50,000, there were 1654 homes in Meridian Idaho that SOLD, YTD! That’s 150 homes each month!   Meridian’s current inventory of single-family homes is approx. 868, as of the first of December.   Meridian Idaho Homes Inventory Drops Below 6 Month Supply!   With 33% of the active inventory being NEW CONSTRUCTION, this is a very exciting factor when it comes to jobs in the region!   40% of the inventory of Meridian Idaho Homesconsists of Distressed Properties. This is much lower than the 53% of the neighboring town of Nampa, Idaho.   The average asking price for Meridian Idaho Homes is $187,293. The Average SOLD price (YTD) was $177,114. (less than ½% drop from this time last ...
Comments 3
By Don Wixom, "Looking out for your next move..."tm
(RE/MAX Executives Nampa, ID)
Meridian Idaho Ethnic Dining Guide   Thai: Sa-Wad-Dee  (meaning “hello” in Thai)   Excellent variety of Thai dishes ranging from mild to very spicy. Sushi is also on the menu.   Live, local musicians every Wednesday night beginning at 6:30   1890 E Fairview Ave,  Meridian, ID Phone (208) 884-0701 www.sawadeethai.com     Chinese: Jade Horse Restaurant   Casual and friendly atmosphere with courteous service, elegant Asian-style décor and delicious Chinese food.   48 E Fairview Ave,  Meridian, ID Phone (208) 888-0322 www.jadehorse.us     Hawaiin: Kana Girl’s Hawaiin BBQ   Menu offers many choices of “Plate Lunches” which include scoops of rice, your choice of traditional side and an entrée on a bed of finely shredded cabbage. Choose from Teriyaki Chicken, to Mahi Mahi, Beef and Broccoli or...
Comments 6
Explore Meridian, ID