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!

Dec. 4, 2020

OPEN HOUSE | Sunday, Dec 6 | 1-3PM in Northeast Boise

Take a guided virtual or in-person tour of our brand-new listing today! If you're looking for a top Boise realtor, our team is here for you!


5259 E. Branchwood Drive |North East Boise

3 bedroom  |  2 bath  |  2.332 sq.ft. 

Expansive lot & fantastic location in coveted Harris Ranch-close to Boise River, Greenbelt, trails, restaurants. Impeccable single level, with upper bonus room?4th bedroom, is beautifully updated & features soaring ceilings, warm hardwood floors & abundant light throughout. Perfect for entertaining, the crisp white kitchen with gleaming Quartz island opens to dining & great rm & flows seamlessly to the oversized deck & lush backyard. Private office ideal for work/school from home. Comm pools, clubhouse, great schools.


>> Click HERE for more property info


Dec. 3, 2020

Harvesting Your Christmas Tree 2020


🌲Permits are available at Payette, Boise, and Sawtooth National Forest stations and partnering vendors.⁠⁣

🌲Vendors will provide maps and details about roads and conditions to safely harvest a tree.⁠⁣

🌲Permits are valid through December 25.⁠⁣

🌲Permits will run you $10 (cash only at the backcountry vendors; though the forest service will take a card).⁠⁣

🌲Have a fourth-grader in your family? has an online voucher that you can print out and bring to your -Forest Service office for a free tree permit.⁠⁣

🌲Bring a saw or other tools of extraction.⁠⁣

🌲Only cut trees under 12 feet tall.⁠⁣

🌲Cut the tree to within six inches of the ground’s surface.⁠⁣

🌲Trees extending four feet beyond your vehicle are required by law to have red or fluorescent orange flagging.⁠⁣

🌲Pack food, water, and an emergency kit.⁠⁣

🌲Wear boots, warm clothes, and be prepared for wet weather.⁠⁣

🌲Most trees can be found a short drive off the highway. If the weather is iffy, consider taking a 4-wheel drive vehicle if you -plan to leave the highway.⁠⁣

🌲Plan to make a day of it.⁠⁣

Posted in Boise Living
Dec. 2, 2020

Templeton's Open House Protocols

Posted in Boise Real Estate
Dec. 2, 2020

15 Fun Things to Do in Boise in The Winter

Despite the cold temperatures that come during a Boise Idaho winter there are a lot of fun things to do in Boise in the winter. Boise has a fairly mild and dry winter while the foothills and mountains are filled with snow and not too far away to enjoy.  Idaho is wonderful place to enjoy the winter weather and enjoy some fun activities.

1. Ice Skating

There are numerous places to ice skate in and around Boise. You can skate at Idaho Ice World in Boise, at the Village at Meridian or at Indian Creek Plaza in Caldwell. The only indoor rink in the area is at Idaho Ice World. All locations offer skate rentals.

We went ice skating at Indian Creek Plaza. There are buckets there for the kids to use as they are learning how to ice skate. They also have gas fires burning outside the rink to help keep warm while you aren’t skating. After skating, head over to Soda Burst for hot chocolate and cookies.

2. Bogus Basin

There are so many fun things to do in Boise in the winter at Bogus Basin. At the ski resort there is skiing, tubing, nordic and snowshoe trails as well the Glade Runner Mountain Coaster. It is about 40 minutes from downtown Boise.

Bogus Basin offers rentals and lessons if you are interested. It is a great place to spend some time during the Boise Idaho winter.

3. Hockey Game

The Idaho Steelheads are a professional minor league hockey team based in Boise. Their season typically runs from the beginning of December through the end of March. The games are a great place to take your family and enjoy some time together. Make sure to bring some warm clothes as the building is kept at a cooler temperature.

4. Christmas Lights

There are many places to see beautiful Christmas lights during the Boise Idaho winter. Our favorite spots are at Scentsy Commons in Meridian, Winter Garden aGlow at the Boise Botanical Gardens and at Indian Creek Plaza in Caldwell. At Scentsy Commons you can walk through a 250-foot Christmas lights tunnel. After that head just down Eagle Road for a tasty treat at Crumble Cookies.  At Indian Creek Plaza you can admire more than a million lights spread along the creek. Also, there are usually fun animals such as dragons, penguins and polar bears made from Christmas lights.

5. Cut Down Your Own Christmas Tree

This is something our family loves doing every year. Head to the beautiful Idaho mountains for some fresh air and start a tradition that your family will always remember. We usually head up the weekend after Thanksgiving for some time to play in the snow and find a tree. It is a great kickoff activity for the Boise Idaho winter.

For all the details on cutting down your own Christmas tree, check out our guide.

6. The Nutcracker

The Nutcracker plays every year in Boise at the Morrison Center the week leading up to Christmas. We have gone as a holiday date night and loved the performance. Ballet Idaho puts on the performance and over 100 children from the Ballet Idaho Academy will participate as well. There are evening showtimes as well as mid-day performances. It is an elegant and delightful activity for the entire family.

7. Gateway Parks at Eagle Island

The tubing hill at the Gateway Park in Eagle Idaho








Gateway Parks is the perfect place to take your family to enjoy tubing as well as their ski and snowboard hill. The park has all the equipment needed so all you need to do is show up with your snow clothes ready for a fun time.

Tickets for a 90-minute session have to be purchased online ahead of time. The park is only open for use when a reservation has been made.  It’s recommended to get your tickets at least two hours in advance or one hour in advance on weekends and school closures.

There is a charge of $5 per vehicle to enter the park unless you have a state parks pass. This fee is cash only.

8. McCall Winter Carnival

A snow sculpture at the McCall Winter Carnival in Idaho








The increasingly popular McCall Winter Carnival takes place towards the end of January in McCall, Idaho. McCall is about two hours north of Boise. It is a week filled with beautiful snow sculptures, a parade, fireworks over Payette Lake and live events. While in McCall you can also take advantage of the year-round activities there such as ice skating, sledding at the Activity Barn and snowshoeing.

9. The Village at Meridian








The Village at Meridian is the perfect gathering place for your family and friends this winter.  During the holiday season, you can visit Santa, go ice skating and enjoy the Magic of the Holidays Light Show. The light show alternates with the fountain show. The holiday light show run December 12 – December 23.

It is also a great place to get together for a meal together with family, do some holiday shopping or go to the movies.

10. Boise State University Sporting Events

Boise State has a variety of athletic programs participating in winter sports. You can catch a swim meet, basketball game or gymnastic match. Our family always loves watching the games.

You can find the composite schedule for Boise State’s athletic programs here.

11. Visit Local Hot Springs

Whether you want to stay more in town or head to the mountains, you will find a hot springs nearby. If you want a quick trip to the mountains head up to The Springs Resort in Idaho City. The Springs has natural hot springs pools overlooking the beautiful Sawtooth Mountains. It is a good idea to make reservations a couple of days before your trip.

About 30 minutes from Nampa and Caldwell, you can visit Givens Hot Springs. It has one large swimming pool with a shallow section blocked off for little swimmers.

If you are headed up into the mountains near Cascade, we recommend visiting Gold Fork Hot Springs.  It is in Donnelly which is just south of McCall. There is a small changing room for everyone to use. Please keep in mind that you cannot pay with credit or debit cards here.

12. The Great Polar Bear Challenge

The Great Polar Bear Plunge in Boise Idaho








Each year hundreds of people brave the freezing weather as they jump into Lucky Peak Reservoir in support of children in Idaho with critical illnesses. The plunge is on January 1st with registration starting at 10:00 am. The plunge starts at 11:00 am. In addition to jumping in, you can water ski or wakeboard.

13. Pop-Up Park at Edward’s Greenhouse

Just when you think you can’t stand any more of the cold Boise winter, head to the Pop-Up Park at Edward’s Greenhouse. It is filled with grass, blooming flowers, the smells of spring and most importantly warmth! It is the perfect place to soak in some warm weather yourself and let the kids do some playing outdoors without multiple layers of clothes.

14. Eat Some Good Food

Tavern at Bown Crossing

Boise, the cultural capital of Idaho, has a diverse and culinary scene that is expanding rapidly to include much more than the famous Idaho potato. Above all, Boise’s food is fresh, tasty and something not to be missed.

We spent some time eating our way through the restaurants in Boise and put together a list of our favorites.

Check Out 10 Iconic Places to Eat in Boise.

15. Holiday Markets

Throughout November and December, there are numerous holiday bazaars throughout Boise and the surrounding areas. Most importantly, you will find beautiful handmade gifts while supporting local merchants and artists.

There are markets that just run for a couple of days in addition to markets that run each week. The Boise Farmers Market and Capital City Public Market are held weekly on Saturdays.

Posted in Boise Living
Dec. 2, 2020

Do You Need to Know More about Forbearance and Mortgage Relief Options?

Do You Need to Know More about Forbearance and Mortgage Relief Options? | MyKCM

Earlier this year when the nation pressed pause on the economy and unemployment rates jumped up significantly, many homeowners were immediately concerned about being able to pay their mortgages, and understandably so. To assist in this challenging time, two protection plans were put into place to help support those in need.

First, there was a pause placed on initiating foreclosures for government-backed loans. This plan started on March 18, 2020, and it extends at least through December 31, 2020. Second, homeowners were able to obtain forbearance for up to 180 days, followed by a potential extension for up to another 180 days. This way, there is a relief period in which homeowners have the opportunity to halt payments on their mortgages for up to one year.

Not Everyone Understands Their Options

The challenge, according to Matt Hulstein, Staff Attorney at non-profit Chicago Volunteer Legal Services, is, “A lot of homeowners aren’t aware of this option.”

There’s definitely traction behind this statement. In a recent survey by The National Housing Resource Center, housing counselors from across the country noted that many homeowners really don’t know that there is help available. The following graph indicates the reasons why people who are in this challenging situation are not choosing to enter forbearance:Do You Need to Know More about Forbearance and Mortgage Relief Options? | MyKCMThe Urban Institute explained:

“530,000 homeowners who became delinquent after the pandemic began did not take advantage of forbearance, despite being eligible to ask for the plan…These responses reflect a need to provide better information to all homeowners. (Lump-sum payment is not the only repayment option.)

Additionally, 205,000 homeowners who did not extend their forbearance after its term ended in June or July became delinquent on their loans. We need to examine who these people are and why are they not extending their option.”

Clearly, a more focused effort on education about forbearance and relief programs may make a big difference for many people, and a clear understanding of their options is mission-critical. Some communities, however, have been impacted by the economic challenges of the pandemic more so than others, further confirming the need to deliver education more widely. The Urban Institute also indicates:

“Black and Hispanic homeowners have been hit harder than white homeowners…nearly 21 percent of both Black and Hispanic homeowners missed or deferred the previous month’s mortgage payment, compared with 10 percent of white homeowners and about 13 percent of all homeowners with payments due.”

Options Available

It’s important to note that any homeowner experiencing financial hardship has the right to request forbearance. If you’re unfamiliar with the plans available, contact your mortgage provider (the company you send your mortgage payment to each month) to discuss your options. It is a necessary next step, as you may qualify for mortgage relief options or forbearance.

One option many homeowners may not realize they have is the ability to sell their house in this time of need. With the growing equity that homeowners have available today, making a move might be the best option to protect your financial future.

Bottom Line

If you need additional information on your options, you can review the Protect Your Investment guide from the National Association of Realtors (NAR) and the Homeowner’s Guide to Success from the Consumer Financial Protection Bureau (CFPB). For the majority of people, our home is the most important asset we have, and you should use all the help available right now to be able to preserve your investment.

Nov. 25, 2020

The #1 Reason Not to Wait to List Your House for Sale

The #1 Reason Not to Wait to List Your House for Sale | MyKCM

Many industries have been devastated by the economic shutdown caused by the COVID-19 virus. Real estate is not one of them.

Mark Fleming, Chief Economist for First American, just reported:

“Since hitting a low point during the initial stages of the pandemic, the only major industry to display immunity to the economic impacts of the coronavirus is the housing market. Housing has experienced a strong V-shaped recovery and is now exceeding pre-pandemic levels.”

Buyer demand is still strong heading into the fall. ShowingTime, which tracks the average number of buyer showings on residential properties, just announced that buyer showings are up 61.9% compared to the same time last year. They went on to say:

“Normally, real estate activity begins to slow down in the late summer, but this year it peaked in July, August and into September.”

There Is One Big Challenge

Purchaser demand is so high, the market is running out of available homes for sale. Just last week, reported:

“Since the beginning of the COVID pandemic in March, nearly 400,000 fewer homes have been listed compared to last year, leaving a gaping hole in the U.S. housing inventory.”

The National Association of Realtors (NAR) revealed that, while home sales are skyrocketing, the inventory of existing homes for sale is dropping dramatically. Below is a graph of existing inventory (September numbers are not yet available):The #1 Reason Not to Wait to List Your House for Sale | MyKCMHomebuilders are increasing construction, but they cannot keep up with the high demand. Bill McBride, founder of the Calculated Risk blog, in discussing inventory of newly constructed houses, notes:

“The months of supply decreased to 3.3 months...This is the all-time record low months of supply.”

What does this mean for sellers?

Anyone thinking of putting their home on the market should not wait. A seller will always negotiate the best deal when demand is high and supply is limited. That’s exactly the situation in the real estate market today.

Next year, when the pandemic is hopefully behind us, there will be many more properties coming to the market. Don’t wait for that increase in competition in your neighborhood. Now is the time to sell.

Bottom Line

Let’s connect today to get your house on the market at this optimal time to sell.

Nov. 24, 2020

Thanksgiving Wine Pairings


The Best Wine for Thanksgiving

Turn your Thanksgiving dinner into an experience by curating a well-planned Thanksgiving wine list. Moderate alcohol consumption amplifies the flavor of salt and fat, making your rich Thanksgiving sides and turkey toppings even more delectable. We’ve created a comprehensive Thanksgiving wine pairing guide to teach you the following:


The best wine for Thanksgiving is an acidic wine with low alcohol content. Traditional Thanksgiving meals are notoriously salty and fatty, and acidic wines cut through the richness and high salt content of Thanksgiving sides.

Spices commonly found in Thanksgiving dishes such as clove and nutmeg become spicy to the pallet when they're consumed with high alcohol content beverages. To avoid altering your sweet potato or yam dish's flavor, opt for a low alcohol content wine.

Thanksgiving dinners include many flavor profiles, so we recommend creating a full Thanksgiving wine list to complement each dish in your full course meal. Below, we offer suggestions for the best sparkling, white, and red wines to serve with your restaurant's Thanksgiving dinner.

Best Sparkling Wines for Thanksgiving

two hands holdings glass of sparkling wine in front of Thanksgiving dinner table

Sparkling wine is the most universal choice to pair with Thanksgiving dinners. Sparkling wine's bubbly effervescence offers relief from the heaviness of traditional Thanksgiving dinner's rich sides.

Crisp, sweet sparkling wines pair nicely with Thanksgiving's beloved pumpkin, pecan, and apple pies. If you can only serve one wine, a sparkling wine is the best choice to accompany your Thanksgiving feast.

Try any of these sparkling wines as an ideal Thanksgiving wine pairing:

  • Prosecco: floral and creamy
  • Cava: crisp and lemony
  • Sparkling Rose: sweet and fruity

Best White Wines for Thanksgiving

glass of white wine next to empty glasses and pumpkins

The best white wines for Thanksgiving possess a well-balanced acidity that cuts through the richness of traditional Thanksgiving dishes such as gravy, creamed corn, and mashed potatoes. Additionally, white wines with a creamy mouthfeel enhance the taste of your creamy Thanksgiving sides.

Any of the following whites are an excellent Thanksgiving wine choice.

  • Gewurztraminer: warm and spicy
  • Traminette: fruity and spicy
  • Viognier: floral and fruity

Best Red Wines for Thanksgiving

two glasses of red wine with wine bottle and apples behind

The best red wines for Thanksgiving are mild varieties that will complement, not overshadow, your dishes. Red wines with sweet or spicy flavor profiles are ideal holiday drinks and pair well with traditional Thanksgiving dinner's flavors. Below, we suggest bright red wines that will uplift your turkey, potatoes, and stuffing.

Here are a few red wines to try with Thanksgiving dinner:

  • Pinot Noir: smooth and fruity
  • Chambourcin: bold and jammy
  • Syrah: oaky and tart

What Wine Goes with Turkey?

red wine pouring into glass in front of Thanksgiving dinner

If forced to pick only one, the wine that goes best with turkey is pinot noir. In the wine pairing world, pinot noir is the darling for poultry pairings due to its light, medium body, and subtlely fruity and earthy flavors. Pinot noir is a versatile option that will pair well with a wide variety of turkey preparation methods, and its bright acidity will bring out the most succulent parts of a turkey.

However, turkey meat has a subtle flavor that will pair well with many wines. Determining what wine goes well with your turkey depends on which cut of turkey meat you are serving and how you plan to prepare it. We've created a pairing guide of the best wines to serve with turkey's various parts and preparation methods.

Wine Pairings with Turkey and Gravy:

  • Dry Riesling
    Dry riesling's high acidity balances out the rich flavors of turkey and dressing and makes a crisp palate refresher.
  • Gamay
    This smooth red wine offers a balanced yet juicy mouthfeel that pairs well with both white and dark turkey meat. Gamay's medium body enhances richer side dishes without overwhelming more delicate flavors.

Wine Pairings with Turkey and Cranberry Sauce:

  • Red Burgundy
    The fresh fruit flavors of raspberries, cherries, and blackberries found in red Burgundy wines make them a perfect pairing choice with turkey and cranberry sauce.
  • Sweet Riesling
    Sweet riesling varieties complement the sugary flavors of turkey and cranberry sauce.

Wine Pairings with Dark Meat Turkey:

  • Shiraz
    This bold red has a full body that goes well with the darker parts of the turkey and its skin, which contains most of the fat. The fat content cuts shiraz's acidity releasing its fruity undertones. The turkey's savory flavors complement shiraz's slightly peppery taste.
  • Sauvignon Blanc
    With citrus flavors and a light body, sauvignon blanc provides a perfect base to wake up the palate without overwhelming it, preparing guests to enjoy a savory turkey dish.
  • Pinot Grigio
    Similar to sauvignon blanc, pinot grigio invigorates the palate between bites, and it also offers a sweet pop of flavor to contrast the gamey taste of turkey.

Wine Pairings with Light Meat Turkey

two hands clinking glasses of white wine over Thanksgiving dinner
  • American Dry Rose
    Most American rose wines are made using the saignee method, in which vintners drain 10% of the red wine juice before it becomes too red. Through saignee, American winemakers produce rose varieties that carry the richness of red wines while remaining juicy and light, making American rose the perfect pairing choice with white meat turkey.
  • Chablis
    Chablis wines come from Burgundy, France's Chardonnay winemaking region. In contrast to other Chardonnay varieties, Chablis wines are rarely aged in oak barrels, producing a crisp Chardonnay variety that pairs wonderfully with turkey breasts.

Wine Pairings with Fried Turkey

  • Champagne
    Champagne's high acidity cuts the high fat content of a deep-fried turkey. Champagne's mild flavor blends with whatever seasonings you use in your deep-fried turkey batter.
  • Lambrusco
    This sparkling red wine's bright acidity aids in digestion and its fruit flavors serve as a pleasant contrast to savory fried turkey. If you choose to make a cajun fried turkey, the low alcohol content of Lambrusco keeps your spice levels from overwhelming patrons.

Wine Pairings with Smoked Turkey:

  • Red Zinfandel
    With hints of sweet tobacco and candied fruit, such as raspberry, red zinfandel goes well with smoked turkey or the darker parts of the turkey. It also blends well with sweetly seasoned turkey, such as honey-baked or chipotle-maple glazed turkey.
  • Malbec
    Rich and rustic, malbecs pair perfectly with smoked turkey. Malbecs are usually a deep, inky hue and are infused with the aromas of black currants, coffee, and anise that will enhance the smokey flavors of your turkey meat.


Wines for a Non-traditional Thanksgiving Dinner

Not everyone celebrates Thanksgiving with mashed potatoes, stuffing, or even turkey. Your restaurant can broaden its clientele base by infusing its Thanksgiving dinner menu with foods from different regions and cultures, and by preparing dishes to accommodate dietary restrictions.

If you’re offering alternative Thanksgiving dishes this year, we've created wine pairings for spicy Thanksgiving dinners, Southern Thanksgiving recipes, and a meat-free pasta Thanksgiving meal.

Wine Pairings for Spicy Thanksgiving Recipes

glasses of white wine behind plate of curry

If you are preparing foods with a plethora of exotic spices this year such as cumin, jerk seasoning, hot peppers, or curry, you’ll want to find a wine to soothe the palate without being overbearing. Stick with wines that are crisp, light, and refreshing rather than those with especially bold, oaky notes to pair with spicy Thanksgiving side dishes.

High-acidity wines are ideal for toning down the palatal heat produced by spicy dishes. Alternately, sweet wines with fruity notes create a balance between heat and spice.

Wines to pair with spicy foods this Thanksgiving include:

  • Riesling: acidic and crisp
  • Viognier: floral and aromatic
  • Pinot Noir: smooth and fruity
  • Zinfandel: sweet and light-bodied

Wine Pairings for a Southern Thanksgiving Dinner

mac and cheese in red bowl

Thanksgiving in the South takes the rich dishes of the north and amplifies their flavor by deep frying, bacon-infusing, and cheese-covering. These irresistible additions require their own wine pairing strategy.

You’ll need to find the right wine to complement and cut through the richness of creamy mac and cheese, deep-fried turkey, and gravy-smothered biscuits commonly found on a traditional, Southern Thanksgiving menu.

The crispness and acidity of sweet whites and sparkling wines make them great contenders for pairing with your Southern-style Thanksgiving meal. Alternatively, bold and rich reds may fit right in with heavier meat dishes and hearty sides.

Wines to pair with Southern foods this Thanksgiving include:

  • Rose: sweet and crisp
  • Champagne: dry and effervescent
  • Merlot: silky and cherry-like
  • Syrah: oaky and tart

Wine Pairings for Meat-Free Thanksgiving Pasta Dishes

two glasses of white wine next to plates of pasta

Whether you’re planning a meat-free Thanksgiving or celebrating your Italian roots, you’re in good company. Pasta courses are a common alternative, or addition, to the traditional turkey dinner. From classic lasagna to a fall-inspired risotto, these pasta dishes can be decadent, cheesy, and infused with flavor.

Pair your rich pasta dishes with earthy, bold wines to complement hearty spices and herbs.

Wines to pair with pasta this Thanksgiving include:

  • Pinot Grigio: citrusy and smooth
  • Chardonnay: citrusy and buttery
  • Cabernet Franc: spicy and earthy
  • Cabernet Sauvignon: dark fruit and spice

Back to Top

Thanksgiving Wine Pairing Infographic

With so much care put into the dishes and flavors of your Thanksgiving dinner, don’t do it a disservice by neglecting to find the perfect wine pairing. Stick to one kind throughout the meal, or offer patrons multiple wines to complement each of their favorite dishes. From traditional turkey dinners to a spice-filled feast, we’ve got a few suggestions to help you find the best wine for Thanksgiving Day.

Posted in: Holidays | Infographics | By Corrinn McCaule
Posted in Boise Living
Nov. 18, 2020

Do You Have Enough Money Saved for a Down Payment?


Do You Have Enough Money Saved for a Down Payment? | MyKCM

One of the biggest misconceptions for first-time homebuyers is how much you’ll need to save for a down payment. Contrary to popular belief, you don’t always have to put 20% down to buy a house. Here’s how it breaks down.

A recent survey by Point2Homes mentions that 74% of millennials (ages 25-40) say they’re interested in purchasing a home over the next 12 months. The study notes, “88% say they have significantly less savings than the average national down payment amount, which is $62,600.”

Thankfully, $62,600 is not the amount every buyer needs for a down payment in the United States. There are many different options available, especially for first-time homebuyers (millennial or not). That amount can also be significantly less, depending on the purchase price of the house.

According to the National Association of Realtors (NAR), “The median existing-home price for all housing types in August was $310,600.” (These are the latest numbers available). NAR also indicates that:

“In 2019, the median down payment was 12 percent for all buyers, six percent for first-time buyers, and 16 percent for repeat buyers.” (See graph below):

Do You Have Enough Money Saved for a Down Payment? | MyKCMThat means if a qualified first-time buyer purchases a home at today’s median price, $310,600, with a 6% down payment, in reality, the down payment only amounts to $18,636. That’s nowhere near $62,600.

Knowing there are also programs like FHA where the down payment can be as low as 3.5% of the purchase price for a first-time buyer, that up-front cost could be significantly less – as little as $10,871 for the same home noted above. There are also other programs like USDA and loans for Veterans that waive down payment requirements.

The Point2Homes study also shares how much millennials have indicated they’ve saved for a down payment. As we can see in the graph below, 39% have already saved enough for a down payment on a median-priced home. Another 47% are close to reaching that goal, depending on the purchase price of the home.Do You Have Enough Money Saved for a Down Payment? | MyKCMUnfortunately, the lack of knowledge about the homebuying process is keeping many motivated first-time buyers on the sidelines. That’s why it’s important to contact a local real estate professional to understand the requirements in your local area if you want to buy a home. A trusted agent and your lender can guide you through the process.

Bottom Line

Be careful not to let big myths about homebuying keep you and your family out of the housing market. Let’s connect to discuss your options today.

Nov. 12, 2020

October 2020 Ada County Snapshot & Market Report




Nov. 11, 2020

6 Reasons You’ll Win by Selling with Templeton Real Estate Group This Fall


6 Reasons You’ll Win by Selling with a Real Estate Agent This Fall | MyKCM

There are many benefits to working with a real estate professional when selling your house. During challenging times, like what we face today, it becomes even more important to have an expert you trust to help guide you through the process. If you’re considering selling on your own, known in the industry as a For Sale by Owner (FSBO), it’s critical to consider the following:

1. Your Safety Is a Priority

Your family’s safety should always come first, and that’s more crucial than ever given the current health situation in our country. When you FSBO, it is incredibly difficult to control entry into your home. A real estate professional will have the proper protocols in place to protect not only your belongings but your family’s health and well-being too. From regulating the number of people in your home at one time to ensuring proper sanitization during and after a showing, and even facilitating virtual tours for buyers, real estate professionals are equipped to follow the latest industry standards recommended by the National Association of Realtors (NAR) to help protect you and your family.

2. A Powerful Online Strategy Is a Must to Attract a Buyer

Recent studies from NAR have shown that, even before COVID-19, the first step 44% of all buyers took when looking for a home was to search online. Throughout the process, that number jumps to 93%. Today, those numbers have grown exponentially. Most real estate agents have developed a strong Internet and social media strategy to promote the sale of your house. Have you?

3. There Are Too Many Negotiations

Here are just a few of the people you’ll need to negotiate with if you decide to FSBO:

  • The buyer, who wants the best deal possible
  • The buyer’s agent, who solely represents the best interest of the buyer
  • The inspection companies, which work for the buyer and will almost always find challenges with the house
  • The appraiser, if there is a question of value

As part of their training, agents are taught how to negotiate every aspect of the real estate transaction and how to mediate the emotions felt by buyers looking to make what is probably the largest purchase of their lives.

4. You Won’t Know if Your Purchaser Is Qualified for a Mortgage

Having a buyer who wants to purchase your house is the first step. Making sure they can afford to buy it is just as important. As a FSBO, it’s almost impossible to be involved in the mortgage process of your buyer. A real estate professional is trained to ask the appropriate questions and, in most cases, will be intimately aware of the progress being made toward a purchaser’s mortgage commitment.

Further complicating the situation is how the current mortgage market is rapidly evolving because of the number of families out of work and in mortgage forbearance. A loan program that was available yesterday could be gone tomorrow. You need someone who is working with lenders every day to guarantee your buyer makes it to the closing table.

5. FSBOing Has Become More Difficult from a Legal Standpoint

The documentation involved in the selling process has increased dramatically as more and more disclosures and regulations have become mandatory. In an increasingly litigious society, the agent acts as a third-party to help the seller avoid legal jeopardy. This is one of the major reasons why the percentage of people FSBOing has dropped from 19% to 8% over the last 20+ years.

6. You Net More Money When Using an Agent

Many homeowners believe they’ll save the real estate commission by selling on their own. Realize that the main reason buyers look at FSBOs is because they also believe they can save the real estate agent’s commission. The seller and buyer can’t both save on the commission.

study by Collateral Analytics revealed that FSBOs don’t actually save anything by forgoing the help of an agent. In some cases, the seller may even net less money from the sale. The study found the difference in price between a FSBO and an agent-listed home was an average of 6%. One of the main reasons for the price difference is effective exposure:

“Properties listed with a broker that is a member of the local MLS will be listed online with all other participating broker websites, marketing the home to a much larger buyer population. And those MLS properties generally offer compensation to agents who represent buyers, incentivizing them to show and sell the property and again potentially enlarging the buyer pool.”

The more buyers that view a home, the greater the chance a bidding war will take place.

Bottom Line

Listing on your own leaves you to manage the entire transaction by yourself. Why do that when you can hire an agent and still net the same amount of money? Before you decide to take on the challenge of selling your house alone, let’s connect to discuss your options.