Boise Real Estate Information and News

You’ll find our blog to be a wealth of information, covering everything from local market statistics, new home listings,  home values, real estate market happenings  home design, and community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

March 31, 2020

Top Boise Realtor

Dawn Templeton, co-owner of Templeton Real Estate Group in Boise, Idaho, has been named a Top Agent and is featured on the cover of Top Agent Magazine - Idaho Edition. This honor was well-deserved as Dawn has secured her place as a top-producing agent in her market year after year.⁣ 🏆 

In the article, Dawn discusses her client-centered approach to real estate, the value of professional, complimentary home staging which she offers to all of her listing clients, owning and growing a successful real estate company, and her secrets for continuously achieving highest and best offers for her clients.

Get the full story and learn why Dawn Templeton and the Templeton Real Estate Group are the right choice to help you sell faster and for more money! READ HERE  

Ready to discuss your real estate needs? We're here for you! Text or call 208.473.2203 to speak to one of our experienced agents today! You can also email us at

March 31, 2020

4 Fantastic New Listings!!

Take a guided virtual tour of these brand new listings today!

5101 E Bandsaw Way | North Boise - Harris Ranch (top left, top right)
Fantastic Harris Ranch, Spring Creek Neighborhood. Stunning single level on corner lot features vaulted ceilings & updated hardwood floors. Beautifully renovated kitchen w/ dbl ovens, Wolf gas cooktop, gorgeous tile & granite is perfect for entertaining & flows into great room w/ stylish fireplace. Anderson dual pane windows fill the home w/ natural light & inviting patio extends the livability outside to yard w/ soothing water feature. Oversized garage- shop w/ HVAC. 2 community pools & clubhouses.
4 bedroom  |  2 bath  |  2093 sq.ft. 
>> Click HERE for more property info

1087 E Opus St. | Southeast Boise (bottom right)
Gorgeous cstm built home in desirable Promontory Ridge! This warm home is loaded w/ upgrades. Kit. features pullout trays, spice storage, island w/ gleaming Quartz cntrs, prof. gas range & stainless appliances. Home is wired for surround sound & plumbed for central vac. Tray ceilings w/LED lighting add ambiance while dark hardwoods & built-ins create style & function thruout. Foothills views from 2nd flr. Easy access to downtown & freeway. Community features inc. playground, pool, clubhouse & sports court.
4 bedroom  |  3.5 bath  |  2933 sq.ft. 
>> Click HERE for more property info

3121 N Woody Dr. | Northwest Boise (middle left)
Be wowed by this COMPLETELY RENOVATED home in up & coming NW Boise neighborhood. Open floorplan allows for a seamless view of the classy kitchen w/ stainless appliances, glamorous lighting & sleek Quartz cntrs while striking stone fireplace is a focal point in the family room. Mstr retreat features walk-in closet, ensuite w/ dual sink vanity & gorgeous tile shower w/ 2 shwr heads. Nest thermostat, USB outlets & hard wired cable/ router outlets add modern conveniences. New windows, ac, furnace, roof & more!
3 bedroom  |  2 bath  | 1647 sq.ft. 
>> Click HERE for more property info

3595 S Veranda Way | Southeast Boise (bottom left)
Move right in to this fully renovated single-level home & spend more time enjoying the SE Boise lifestyle! Enjoy a spacious open floor plan w/ vaulted clgs, wood-burning fireplace, skylight & Pergo floors thruout. Bright kitchen features crisp white cabinetry, stainless appliances, granite cntrs & contemporary lighting. Nest thermostat, Nest carbon mono detectors & Samsung "smart" door alarms add modern tech. New in 2019 - Wtr Htr, furnace & ac! On cul-de-sac in great comm. w/ sidewalks & play areas!
3 bedroom |  2 bath |  1569 sq.ft. 
>> Click HERE for more property info

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March 27, 2020

Three Reasons Why This Is Not a Housing Crisis

In times of uncertainty, one of the best things we can do to ease our fears is to educate ourselves with research, facts, and data. Digging into past experiences by reviewing historical trends and understanding the peaks and valleys of what’s come before us is one of the many ways we can confidently evaluate any situation. With concerns of a global recession on everyone’s minds today, it’s important to take an objective look at what has transpired over the years and how the housing market has successfully weathered these storms.

1. The Market Today Is Vastly Different from 2008

We all remember 2008. This is not 2008. Today’s market conditions are far from the time when housing was a key factor that triggered a recession. From easy-to-access mortgages to skyrocketing home price appreciation, a surplus of inventory, excessive equity-tapping, and more – we’re not where we were 12 years ago. None of those factors are in play today. Rest assured, housing is not a catalyst that could spiral us back to that time or place.

According to Danielle Hale, Chief Economist at, if there is a recession:

"It will be different than the Great Recession. Things unraveled pretty quickly, and then the recovery was pretty slow. I would expect this to be milder. There's no dysfunction in the banking system, we don't have many households who are overleveraged with their mortgage payments and are potentially in trouble."

In addition, the Goldman Sachs GDP Forecast released this week indicates that although there is no growth anticipated immediately, gains are forecasted heading into the second half of this year and getting even stronger in early 2021.Three Reasons Why This Is Not a Housing Crisis | MyKCMBoth of these expert sources indicate this is a momentary event in time, not a collapse of the financial industry. It is a drop that will rebound quickly, a stark difference to the crash of 2008 that failed to get back to a sense of normal for almost four years. Although it poses plenty of near-term financial challenges, a potential recession this year is not a repeat of the long-term housing market crash we remember all too well.

2. A Recession Does Not Equal a Housing Crisis

Next, take a look at the past five recessions in U.S. history. Home values actually appreciated in three of them. It is true that they sank by almost 20% during the last recession, but as we’ve identified above, 2008 presented different circumstances. In the four previous recessions, home values depreciated only once (by less than 2%). In the other three, residential real estate values increased by 3.5%, 6.1%, and 6.6% (see below):Three Reasons Why This Is Not a Housing Crisis | MyKCM

3. We Can Be Confident About What We Know 

Concerns about the global impact COVID-19 will have on the economy are real. And they’re scary, as the health and wellness of our friends, families, and loved ones are high on everyone’s emotional radar.

According to Bloomberg,

“Several economists made clear that the extent of the economic wreckage will depend on factors such as how long the virus lasts, whether governments will loosen fiscal policy enough and can markets avoid freezing up.”

That said, we can be confident that, while we don’t know the exact impact the virus will have on the housing market, we do know that housing isn’t the driver.

The reasons we move – marriage, children, job changes, retirement, etc. – are steadfast parts of life. As noted in a recent piece in the New York Times, “Everyone needs someplace to live.” That won’t change.

Bottom Line

Concerns about a recession are real, but housing isn’t the driver. If you have questions about what it means for your family’s homebuying or selling plans, let’s connect to discuss your needs.

March 23, 2020

How Interest Rates Can Impact Your Monthly Housing Payments

How Interest Rates Can Impact Your Monthly Housing Payments | MyKCM

Spring is right around the corner, so flowers are starting to bloom, and many potential homebuyers are getting ready to step into the market. If you’re thinking of buying this season, here’s how mortgage interest rates are working in your favor.

Freddie Mac explains:

If you're in the market to buy a home, today's average mortgage rates are something to celebrate compared to almost any year since 1971…

Mortgage rates change frequently. Over the last 45 years, they have ranged from a high of 18.63% (1981) to a low of 3.31% (2012). While it's not likely that the average 30-year fixed mortgage rate will return to its record low, the current average rate of 3.45% is pretty close — all to your advantage.”

To put this in perspective, the following chart from the same article shows how average mortgage rates by decade have impacted the approximate monthly payment of a $200,000 home over time:How Interest Rates Can Impact Your Monthly Housing Payments | MyKCMClearly, when rates are low – like they are today – qualified buyers can benefit significantly over time.

Keep in mind, if interest rates go up, this can push many potential homebuyers out of the market. The National Association of Home Builders (NAHB) notes:

“Prospective home buyers are also adversely affected when interest rates rise. NAHB’s priced-out estimates show that, depending on the starting rate, a quarter-point increase in the rate of 3.75% on a 30-year fixed rate mortgage can price over 1.3 million U.S. households out of the market for the median-priced new home.”

Bottom Line

You certainly don’t want to be priced out of the market this year, and waiting may mean a significant change in your potential mortgage payment should rates start to rise. If your financial situation allows, now may be a great time to lock in at a low mortgage rate to benefit greatly over the lifetime of your loan.

March 16, 2020

How Your Tax Refund Can Move You Toward Homeownership This Year

How Your Tax Refund Can Move You Toward Homeownership This Year | MyKCM

If you’re looking to buy a home in 2020, have you thought about putting your tax refund toward a down payment? Homeownership may be one step closer than you think if you spend your dollars wisely this year.

Based on data released by the Internal Revenue Service (IRS), Americans can expect an estimated average refund of $2,962 when filing their taxes this year.

The map below shows the average tax refund Americans received last year by state:How Your Tax Refund Can Move You Toward Homeownership This Year | MyKCMAccording to programs from the Federal Housing Authority, Freddie Mac, and Fannie Mae, many first-time buyers can purchase a home with as little as 3% down. Truth be told, a 20% down payment is not always required to buy a home, even though that’s a common misconception about homebuying. Veterans Affairs Loans allow many veterans to purchase a home with 0% down.

How can my tax refund help?

If you’re a first-time buyer, your tax refund may cover more of a down payment than you ever thought possible.

If you take into account the median home sale price by state, the map below shows the percentage of a 3% down payment that’s covered by the average tax refund:How Your Tax Refund Can Move You Toward Homeownership This Year | MyKCMThe darker the blue, the closer your tax refund gets you to homeownership in one of these programs. Maybe this is the year to plan ahead and put your tax refund toward a down payment on a home.

Bottom Line

Saving for a down payment can seem like a daunting task, but the more you know about what’s required, the more prepared you’ll be to make the best decision for you and your family. This tax season, your refund could be your key to homeownership.

March 9, 2020

Thinking of Selling? Now May Be the Time.

Thinking of Selling? Now May Be the Time. | MyKCM

The housing market has started off much stronger this year than it did last year. Lower mortgage interest rates have been a driving factor in that change. The average 30-year rate in 2019, according to Freddie Mac, was 3.94%. Today that rate is closer to 3.5%.

The Census Bureau also just reported the highest homeownership rate since 2014 for people under 35. This is evidence that owning their own home is becoming more important to Millennials as they reach the age where marriage and children are part of their lives.

According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR), buyer demand across the country is strong. That’s not the case, however, with seller demand, which remains weak throughout most of the nation. Here’s a breakdown by state:Thinking of Selling? Now May Be the Time. | MyKCMDemand for housing is high, but supply is extremely low. NAR also just reported that the actual number of homes currently for sale stands at 1.42 million, which is one of the lowest totals in almost three decades. Additionally, the ratio of homes for sale to the number purchased currently stands at 3.1 months of inventory. In a normal market, that number would be nearly double that at 6.0 months of inventory.

What does this mean for buyers and sellers?

Buyers need to remain patient in the search process. At the same time, buyers must be ready to act immediately once they find the right home.

Sellers may not want to wait until spring to put their houses on the market. With demand so high and supply so low, now is the perfect time to sell your house for the greatest dollar value and the least hassle.

Bottom Line

The real estate market is entering the year like a lion. There’s no indication it will lose that roar, assuming inventory continues to come to market.

March 2, 2020

The Top States Americans Moved to Last Year [INFOGRAPHIC]

The Top States Americans Moved to Last Year [INFOGRAPHIC] | MyKCM

Some Highlights:

  • Americans are on the move, and the most recent Atlas Van Lines Migration Patterns Survey tracked the 2019 traffic flow from state-to-state.
  • Idaho held on to the top spot of ‘high inbound’ states for the second time since 2017, followed by Washington State.
  • New York was the country’s outbound move leader in 2019, a designation it most recently held in 2014.



Feb. 28, 2020

Open House Weekend - 2 Amazing Listings!!

We've got two FANTASTIC properties on the market in Northeast Boise! Tour them both this Sunday, March 1st from 1 to 3 pm.

2915 S Old Hickory Way | Boise (bottom left, bottom right)
Gorgeous home with foothills views in Harris Ranch! Upgraded single-level features spacious floorplan with vaulted ceilings, fireplace & chef's kitchen clad with custom cabinetry, gleaming granite island, double wall ovens & gas cooktop. Retreat to the impressive master bdrm with beautiful ensuite bath, extended walk-in closet & tons of storage! Upper bonus rm w/ full bath & walk-in closet makes a great jr. suite. Private patio is perfect for outdoor dining & relaxing in the hot tub. Low maintenance yard!
4 bedroom |  3.5 bath |  2341 sq.ft. 
>> Click HERE for more property info

5035 E Woodcutter Dr. | South Boise (upper left, middle left, upper right)
Quality craftsmanship & custom upgrades in Harris Ranch! Exquisite attention to detail throughout. Gorgeous hardwood flooring flows through the spacious main level, perfect for entertaining. The kitchen gleams w/ sleek Quartz counters, tile backsplash, 5-burner gas range, wall oven & appliance garages. Private outdoor courtyard from dining rm. Upper level boasts 3 large bdrms & flex loft. Lower level 4th bdrm makes a great office or bonus rm. Custom staircase, built-ins & moldings. Boise River, restaurants!.
4 bedroom |  2.5 bath |  2359 sq.ft. 
>> Click HERE for more property info

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Feb. 21, 2020

Open House Weekend - 2 Fantastic Listings!!


We've got two AMAZING properties on the market! Tour them both this Sunday, February 23rd from 1 to 3 pm.

3181 S Novara Way | Meridian (bottom left, bottom right)
Size, style, function... better than new!! Save thousands on upgrades in this beautiful, move-in ready, single level with open floor plan. Everything you need is already here - custom plantation shutters, storage cabinet built-ins, high-end finishes, paneled doors, LED lighting & pull-out kitchen drawers! Backyard oasis sits on over 1/3 acre with immaculate landscaping, terraced gardens, auto & drip irrigation, french drains, covered patio, roller shades, gas grill area, solar flood lights & more! No rear neighbors!
4 bedroom |  2.5 bath |  3200 sq.ft. 
>> Click HERE for more property info

8676 W Thunder Mountain Dr. | South Boise (upper left, middle left, upper right)
Enjoy AMAZING VIEWS of Squaw Butte & Boise Foothills in this COMPLETELY RENOVATED home. Modern style & flair abound! All new HVAC, wtr htr, gorgeous windows, flooring, fresh paint, light fixtures, landscaping & fencing mean extra time spent relaxing in front of the fireplaces or entertaining from multiple patios, including private deck off master. Large circle drive has plenty of parking w/ designated spot for RV/boat in addition to the over-sized 4 car garage! No rear neighbors & no HOA.
5 bedroom |  3 bath |  2653 sq.ft. 
>> Click HERE for more property info

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Feb. 14, 2020

Homeownership Rate on the Rise to a 6-Year High

Homeownership Rate on the Rise to a 6-Year High | MyKCM

Regardless of the lack of inventory on the market, the U.S. homeownership rate has climbed to a 6-year high. The United States Census Bureau reported that it increased to 65.1% in the fourth quarter of 2019, representing the highest level in the past six years. See the graph below:Homeownership Rate on the Rise to a 6-Year High | MyKCMThis increase does not come as a surprise. According to,

“The largest cohort of the millennial generation turns 30-years-old in 2020 and they are hitting the housing market in full force. At the end of the fourth quarter of 2019, millennials made up the largest generational segment of homebuyers, growing their share of home purchase mortgages to 48 percent.”

With so many Millennials entering a homebuying phase of life and getting into the market, the Millennial Report also explains,

“Homeownership is an even bigger goal for younger generations. Of those with savings, 41 percent of Gen Z and 40 percent of younger millennials are saving to buy a home.”

Today’s low interest rates are providing a break to new homeowners too, regardless of generation, making homeownership more desirable and achievable at the same time. Freddie Mac explains,

“The combination of very low mortgage rates, a strong economy and more positive financial market sentiment all point to home purchase demand continuing to rise over the next few months.”

The increase in homeownership rate was also represented by race and ethnicity of the householders. HousingWire explains,

“The homeownership rate for black Americans in 2019’s fourth quarter rose to 44%, a seven-year high, increasing from the record low it reached in 2019’s second quarter. The rate for Hispanic Americans was 48.1%, a two-year high, the Census data showed…The rate for white Americans was 73.7%, an eight-year high.”

See the graph below:Homeownership Rate on the Rise to a 6-Year High | MyKCM

Bottom Line

If you’re considering buying a home this year, let’s get together to set a plan that will help you get one step closer to achieving your dream.