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!

April 13, 2021

Southeast Boise Home For Sale - Open House Saturday, April 17th & Sunday, April 18th from 1-3 PM


Take a guided virtual or in-person tour of our brand-new listing today! 

996 E. Riverpark Lane | Boise, ID | Heron Cove

2 Bed | 2 Bath | 2 Car Garage | 1,333 SqFt

 

 

Nestled in coveted River Run, enjoy unparalleled views of water & wildlife in this rare end-unit steps from the greenbelt. Soothing, natural palette blends seamlessly with tastefully updated kitchen featuring chic, modern fixtures flowing into a spacious living area with soaring ceilings & expansive windows for abundant natural light. Generous master retreat boasts ensuite, walk-in closet, stunning waterfront views & direct access to the covered balcony. Upstairs loft is ideal for a media room or home office.

 

>> Click HERE for more property info

 

April 13, 2021

Boise Bench - OPEN HOUSE | Saturday April 17th 1-3PM


Take a guided virtual or in-person tour of our brand-new listing today! 

1811 S Shoshone St | Boise, ID | Boise Bench

2 Bed | 2 Bath | 2 Car Garage | 1,460 SqFt

 

This immaculate home features an open floor-plan with low-maintenance engineered hardwood floors thru-out, cozy gas fireplace, large kitchen with breakfast bar, gas range & pantry. Upper level with vaulted ceilings & loft area makes a great office, bonus rm or flex space! Spacious master includes an ensuite bath & walk-in closet. Private, fully-fenced yard with covered patio. No HOA fees!

Desirable Boise Bench! Centrally located, just minutes to Downtown, BSU, shopping, restaurants, freeway, airport, Boise River & Greenbelt!

 

>> Click HERE for more property info

 

April 9, 2021

OPEN HOUSE | Saturday March 10th & Sunday April 11th 1-3PM in Warm Mesa Springs. Boise


Take a guided virtual or in-person tour of our brand-new listing today! 

1658 S. Trent Point Way | Boise, ID Warm Mesa Springs

3 Bed | 2.5 Bath | 2 Car Garage | 2,732 SqFt

 

Feel immersed in the treetops in one of Boise's premier foothills neighborhoods. Bright & airy great room with expansive windows & soaring ceilings share the spotlight with a striking gourmet kitchen featuring custom cabinetry, honed Quartz counters, wine cooler & professional grade appliances. Main-level master boasts generous sitting area, 3-way fireplace, luxurious ensuite with soaker tub & direct patio access. Glimpse city views from large deck with sail shades, natural gas grill & fire pit, perfect for relaxation and entertaining.

>> Click HERE for more property info

 

 

April 8, 2021

OPEN HOUSE | Saturday March 10th & Sunday April 11th 1-3PM in Mill District Harris Ranch. Boise


Take a guided virtual or in-person tour of our brand-new listing today! 

5261 E Arrow Jct Dr. Boise, ID 8371  | Mill District Harris Ranch

3 Bed | 2.5 Bath | 3 Car Garage | 1,631 SqFt

Nestled on charming corner lot in highly sought-after Harris Ranch! Fantastic location - walk to Boise River & Greenbelt, parks, foothills trails & neighborhood restaurants. Home has been updated with new carpet, paint & lighting fixtures throughout. Kitchen is bright & features gas range, butler's pantry with double closets. Spacious master with sitting area, generous ensuite bathroom & walk in closet. Convenient upper level laundry. HOA includes two community pools, two clubhouses, gym. 3-car garage/2+ tandem.

>> Click HERE for more property info

April 7, 2021

Will Low Mortgage Rates Continue through 2021?

Will Low Mortgage Rates Continue through 2021? | MyKCM

 

With mortgage interest rates hitting record lows so many times recently, some are wondering if we’ll see low rates continue throughout 2021, or if they’ll start to rise. Recently, Freddie Mac released their quarterly forecast, noting:

“The average 30-year fixed-rate mortgage hit a record low over a dozen times in 2020 and the low interest rate environment is projected to continue through this year. We expect interest rates to average below 3% through the end of 2021. While this is a modest rise from 2020 averages, the recent vote by the Federal Reserve to keep interest rates anchored near zero should keep rates low.”

As shown in the graph below, Freddie Mac is projecting low rates going forward with a modest rise that’s expected to continue through 2022.Will Low Mortgage Rates Continue through 2021? | MyKCMFreddie Mac isn’t the only authority forecasting low rates with a slight rise. Fannie Mae, The Mortgage Bankers Association (MBA), and the National Association of Realtors (NAR) also anticipate low rates with a small increase as 2021 continues on. Here’s the quarterly breakdown of their projections and how they’re expected to play out over the next year:Will Low Mortgage Rates Continue through 2021? | MyKCMIt’s important to note that, while a small change in interest rates can have a substantial impact on monthly mortgage payments, these rates are still incredibly low compared to where they were just a couple of years ago.

What does this mean for buyers?

Low mortgage rates are creating an outstanding opportunity for current homebuyers to get more for their money while staying within their budget. As the economy gets stronger and we recover from the challenges of 2020, it’s natural for rates to potentially rise in response to a healthier economy. Mark Fleming, Chief Economist at First Americanreminds us:

Rising interest rates reduce house-buying power and affordability, but are often a sign of a strong economy, which increases home buyer demand. By any historic standard, today’s mortgage rates remain historically low and will continue to boost house-buying power and keep purchase demand robust.”

With low rates fueling activity among hopeful buyers, there are a lot of people who are highly motivated and looking for homes to purchase right now. In this environment, it can be challenging to find a home to buy, so a local real estate agent will be key to your success if you’re thinking of buying too. Working with a trusted real estate professional to navigate the process while rates are in your favor might be the best move you can make.

Bottom Line

If you’re ready to buy a home, it may be wise to make your move before mortgage rates begin to rise. Let’s connect to discuss how today’s low rates can create more opportunities for you this year.

April 7, 2021

Harris North New Construction!

Upcoming Phase 4:

For our new upcoming Phase 4 in Harris North, we are featuring all new upscale plans, architecture, and standard finishes. We will be releasing this phase towards the latter part of April or the early part of May 2021. The plans will range from a nearly 4,000ft single level to 5,500ft two-story plans. The upscale standard finishes that are planned include: Wolf & Sub-Zero Appliances, Butler Pantry's with second dishwasher/prep-sink, 16'-20' Multi-Slide Doors, Frameless Glass Wine Rooms, Zoom Rooms, &/or Fitness Rooms, and optional Multi-Generational Suites.
 
Plan 1-3 are designated for most of the lots in the next Phase as plans 4-5 are exclusive to the 'pie-shaped' lots on each end of Marmot Ct, (pictured below).
Templeton Real Estate Group has begun an interest list for this phase, we plan to release the phase to our interest list first!
Please call us as (208) 473-2203 or email us at info@templetonrealestategroup.com to let us know if you would like to be added to the interest list.


March 31, 2021

FREE Home Selling Guide

March 31, 2021

Why Owning a Home In Boise Is a Powerful Financial Decision

 

Why Owning a Home Is a Powerful Financial Decision | MyKCM

In today’s housing market, there are clear financial benefits to owning a home: increasing equity, the chance to build your net worth, and appreciating home values, just to name a few. If you’re a renter, it’s never too early to think about how homeownership can propel you toward a stronger future. Here’s a dive into three often-overlooked financial benefits of homeownership and how preparing for them now can steer you in the direction of greater financial security and savings.

1. You Won’t Always Have a Monthly Housing Payment

Personal finance advisor Dave Ramsey explains:

“Every payment brings you closer to owning the house. When you pay your rent, that money is spent. Gone. Bye. Not returning. But when you pay your mortgage, you work toward full ownership.”

As a homeowner, you can eventually eliminate the monthly payment you make on your house. That’s a huge win and a big factor in how homeownership can drive stability and savings in your life. As soon as you buy a home, your monthly housing costs begin to work for you as forced savings in the form of equity. When you build equity and grow your net worth, you can continue to reinvest those savings into your future, maybe even by buying that next dream home. The possibilities are truly endless.

2. Homeownership Is a Tax Break

One thing people who have never owned a home don’t always think about are the tax advantages of homeownership. The same article states:

“You have tax advantages. Many of the costs of owning a home—like property taxes—are tax deductible. And if you’re paying off a mortgage, you’ll get to count your mortgage interest as a deduction when you file your tax return.”

Whether you’re living in your first home or your fifth, it’s a huge financial advantage to have some tax relief tied to the interest you pay each year. It’s one thing you definitely don’t get when you’re renting. Be sure to work with a tax professional to get the best possible benefits on your annual return.

3. Monthly Housing Costs Are Predictable

A third benefit is the fact that monthly costs start to become more predictable with homeownership, something that doesn’t happen if you’re renting. Ramsey also notes:

“Rent rates will go up. Even if you found a killer deal in a hot area, inflation, competition, and rising property values will cause your rent to go up year after year.”

With a mortgage, you can keep your monthly housing costs relatively steady and predictable. Your monthly costs are most likely based on a fixed-rate mortgage, which allows you to budget your finances over a longer period of time. Rental prices have been skyrocketing since 2012, and with today’s low mortgage rates, it’s a great time to get more for your money when purchasing a home. If you want to lock-in your monthly payment at a low rate and have a solid understanding of what you’re going to spend in your mortgage payment each month, buying a home may be your best bet.

Bottom Line

If you’re ready to start feeling the benefits of stability, savings, and predictability that come with owning a home, let’s connect to determine if buying sooner rather than later is right for you.

March 30, 2021

FREE Home Buyers Guide

Our team of professionals, will provide you with the pinnacle of service, staging and redesign expertise, as well as top notch real estate marketing when buying or selling your Boise Home. Buying a home this Spring? Fill out the form below!

March 30, 2021

Dawn Templeton Achieves Award!

Congratulations to our very own Dawn Templeton🎉⁣

Dawn just obtained her certification as a Luxury Home Staging specialist. Luxury homes are a different animal and require certain care when staging... Dawn now has all the "know how" and insider training. Always be learning , always be growing! Dawn says, "I love to keep improving my skills and being a top agent in our industry." 

 

For more information about Templeton Real Estate Group please visit our website at www.templetonrealestategroup.com or call/text us (208) 473-2203.