Posts with tag 'For sellers'
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12
Housing News from Our Lending Partners at Idaho Central Credit Union
Housing Ends the Year Strong
Overview: As usual, trading volume was considerably reduced during the last couple of weeks of the year. The market reaction to the economic news was minor, and mortgage rates remained near-record-low levels.
The remarkable rebound in the housing market has continued. In November, existing-home sales, which account for roughly 90% of the market, were 26% higher than a year ago and near the best levels since 2006. The median existing-home price was 15% higher than a year ago, also close to record levels. The one drawback was that inventory levels were down 22% from a year ago. The number of homes for sale w...
11
How Pet Owners Should Prepare for a Showing
Man's best friend does make for a good housemate, but unfortunately, not so much of a great real estate agent. Pets are an interesting element of the real estate process. Many of the buyers attending a showing may love animals and even have pets themselves. However, that doesn't mean that they're crazy about moving into a new home that has lingering traces of cats, dogs, or other animals. There are also those who do not like animals and aren't particularly interested in purchasing a home that once housed pets. If you're a pet owner, our real estate agents suggest these tips on how to prepare for a successful showing:
16
Economic Information from Our Partners at Idaho Central Credit Union
Job Gains Slow; Manufacturing and Services Remain Strong
Overview: The past week was relatively quiet for mortgage markets. While the key labor market data was a bit weaker than expected, the other major reports were right on target, and they all caused little reaction. Mortgage rates remained near-record-low levels.
According to the most recent data, the solid rebound from unprecedented job losses has continued, albeit at a slower pace. In November, the economy gained 245,000 jobs, below the consensus forecast of 450,000. The economy has now recovered more than half of the 22 million jobs lost in March and April.
The une...
15
The Home Identity Crisis: The Dining Room Office
Storage Solutions to Make Your Dining Room Office Sparkle
By Laura McHolm, co-founder of NorthStar Moving Company
Remember life pre-pandemic lockdown before your dining room morphed into your zoom room, office, workstation, and study hall? Thanks to your new work-at-home lifestyle, files and papers found a permanent home on your dining room table. You probably haven't had a meal on that table, besides a q...
14
Ada County Home Prices Driven by Insufficient Supply Compared to Demand
Ada County Home Prices Driven by Insufficient Supply Compared to Demand, Fueled by Low Mortgage Rates
By Breanna Vanstrom, Chief Executive Officer, Boise Regional REALTORS®
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