While typically a quiet month of market activity based on seasonal patterns, November home sale and listing totals lagged below the long-term averages. With homes spending more time on the market, current inventory has increased. However, new listings have decreased by 70.0% from the same week last year, with ...View More
It became evident from the October homes sales data that our market is going through a definite shift from what became the norm over the last couple of years. The supply of homes for sale dropped for the first time this year as rising interest rates and slowing appreciation has ...View More
Our local real estate market has seen a definitive shift over the last couple of months. The expectation of going into a bidding war, having offers waiving all contingencies, and the home going under contract within a few days, are all things of the past.
Higher interest rates and ...View More
Our local real estate market has seen a definitive shift through July. Low inventory, low
interest rates, a low desire to live in large cities, and lower prices than other US cities brought many
buyers to Ada County, which drove prices significantly over recent years. Although we're still in ...
Dawn Templeton, Associate Broker and Owner of Templeton Real Estate Group joined CNBC's "Power Lunch" to discuss home value in the Summer of 2022, where prices and inventory in the Boise real estate market are shifting quickly. Watch Dawn's interview at the end of this blog to see ...View More
May was yet another record-breaking month for the median home price for single-family homes in Ada County. In April we saw a $20,000 increase from the month prior and in May we saw an additional $7,250 increase from April ...View More