At this point, everybody knows that home values have gone up across the country, especially in Idaho. And once again, Idaho leads the country with the largest year-over-year home equity gains thanks to these rising home values.

Renting versus buying: the eternal question of how to pay for where you live. After watching the real estate market take off with few signs of slowing down, it has left a lot of people wondering if it is worth it to stop renting and buy a house. We have some recent facts and figures to potentially help you make your decision.

It’s not new news that the real estate market in the United States has been insane in the last 12 months with unparalleled buyer interest causing price increases and making the housing shortage more dire. Idaho is no exception and has been a national leader in all of these criteria. So how do buyers succeed in such a tight seller’s market? Patience.

There is one over-arching question when it comes to deciding where to live: rent or buy? For many people, it makes sense to rent due to financial, employment, or lifestyle reasons. Buying a home is seen as more of a long-term solution for people who want to put down roots in a beloved city, and maybe start or grow a family. Being a homeowner also comes with benefits that are inaccessible to renters. Here are the top 4 reasons why owning a home is so financially powerful.

As they say on Marketplace, NPR’s economics update segment, “Let’s do the numbers.” This market report will show how much Boise, Idaho and Idaho, in general, have grown since the beginning of 2020 and how our local real estate market has exceeded expectations in the face of the Coronavirus.

On March 4, 2021, Freddie Mac announced that interest rates have risen above 3% for the first time since July 2020. This has many buyers, lenders, and agents worried that it will bring a halt to the current real estate market. However, there are multiple reasons why this can actually be beneficial to buyers and shouldn’t be a surprise.

Normally, home searches and home purchases all slow down as the weather cools off in winter. After breaking multiple records this year, the housing market across the country—especially the Boise real estate market—looks poised to stay hot as temperatures dip below freezing.

Across the country (and especially here in Boise) pent-up buyer demand from the COVID-19 pandemic has been unleashed on the housing market. Record high demand coupled with record low inventory and interest rates has created a seller’s market where bidding wars have become the norm. Here are our tips for how to prepare and have the best chance of winning a bidding war.

The question of how long it takes to sell a home is a common question, so we have provided an average timeline below.

Homeowners who are on the fence about selling their home, this article is for you. The most important takeaway is: now is the perfect time to sell your home, because sellers have the power in the current market. Here’s why:

Just a few months ago when COVID-19 lockdowns were imposed across the United States, many parts of the economy slowed down, people lost their jobs, and many people didn't leave their homes. As restrictions have lifted, one industry has seen a faster nationwide recovery than expected: real estate.

It’s no secret that shopping for homes is done almost entirely online now. When you are looking at a listing, what’s the first thing you look at? The featured picture! The quality of photos used in real estate makes the sale. Here’s why.

I am not an economist and I don't predict the future but I do have some thoughts to share!

Lots of interesting developments in the local real estate market. We have been tracking a couple of trends, check it out!

BuidlIdaho.com tracks the pulse of the market by tracking new homes and builders. We constantly review building permits so we can find the newest communities acorss the Boise Valley. Today we took a look at just how many homes were built last year. Here is what we learned.

2018 Home Sales started out strong but what about 2019. What does the market look like this year?
 

This survey includes including Bench and Southeast Boise. Learn more about the Best Selling, Top Luxury and Most Affordable NEW Communities in this area. This real estate report breaks down pricing including median prices and price per squaer foot.

Check out the most expensive communities based on the highest priced sold homes between North, Northeast and Northwest Boise.

No one argues that Idaho is going to see more real estate activity in 2018. We have a great place to share and everyone is noticing all the benefits including safety, strong economy, solid local and state government reasonable taxes and overall affordability. So what will we see in 2018? 

Check out the latest analytics of how demand is driving the Boise real estate market in New Construction Homes.