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!

Nov. 27, 2018

Tips for Building a New Construction Home

Boise is a wonderful place to build your new home!

Currently, in the Boise real estate market, there are many people who are deciding to build a home instead of buy a prebuilt one. There are many reasons why one might choose to do this, but if you find yourself in a situation where building a home is more likely than buying one, here are some tips that will make your experience much smoother.


Keep in contact with your builder

There are few things as important as communication when it comes to big projects like building a home. That is why it is vital that you keep in good contact with your builder. Whether that is via email, phone call or even text, you need to be talking with your builder on a regular basis! This will allow you to keep your finger on the pulse of the project, address issues quickly, and help keep everything on track.


Have the home inspected

You may think that an inspection is just for when you are buying a prebuilt home, but you would be wrong. Even though you can literally watch the walls on your new construction home go up, you need to make sure it is inspected. There are many things that can, and sometimes do, go wrong when a home is being built; an inspection will let you know if there are any big concerns you need to be aware of.


Plan on your home taking longer to build than originally expected

Whether it is the weather, city ordinances, or anything else for that matter, there is always something that will come up when building a new home. While your builder will most likely already have a week or so buffer built in to their own estimate, it is good to add a few weeks to your own personal timeline so you aren’t blindsided by any delays.


Check in at the building site

It is a good idea to pop in at the building site of your new home every now and again. This way you can make sure that the project is taking shape the way that you like and you can remind your builder of any details he/she may have forgotten about. While you are there, be sure to take pictures so you have some documentation and fun memories in the future.


Building a new home can be a fun process that allows you to really make the home your own. When you build a home you can customize it in many ways to fit your needs, personality and budget. However, it is good to be diligent, and to take ownership of the homebuilding process. This will allow you to make sure things are being done right and as well as minimize surprises along the way.


Posted in Boise Relocation
Nov. 16, 2018


This amazing single-level home is located in the heart of Southeast Boise. It is just minutes from the Boise Foothills, the Boise Greenbelt, Boise River, Bown Crossing and so much more! Its generous backyard has ample room to relax or play and includes a wooden deck, patio, garden space, and storage shed. Inside, you'll find an open floor plan, roomy bedrooms, amazing bay windows, skylights, and a wood fireplace.

To check this home out, be sure to come by the open house and click the address below to visit it's listing page!

4094 S Oak Brook Way

Boise, ID 83706

Posted in Open Houses
Oct. 16, 2018

Will Your Current House Fit Your Needs in Retirement?

Will Your Current House Fit Your Needs in Retirement? | MyKCM


As more and more baby boomers enter retirement age, the question of whether or not to sell their homes and move will become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability to adapt to your needs in retirement.

According to the National Association of Exclusive Buyers Agents (NAEBA), there are 7 factors that you should consider when choosing your retirement home.

1. Affordability

“It may be easy enough to afford your home today but think long-term about your monthly costs. Account for property taxes, insurance, HOA fees, utilities – all the things that will be due whether or not you have a mortgage on the property.”

Would moving to a complex with homeowner association (HOA) fees actually be cheaper than having to hire all the contractors you would need to maintain your home, lawn, etc.? Would your taxes go down significantly if you relocated? What is your monthly income going to be like in retirement?

2. Equity

“If you have equity in your current home, you may be able to apply it to the purchase of your next home. Maintaining a healthy amount of home equity gives you a source of emergency funds to tap, via a home equity loan or reverse mortgage.”

The equity you have in your current home may be enough to purchase your retirement home with little to no mortgage. Homeowners in the US gained an average of over $16,300 in equity last year.

3. Maintenance

“As we age, our tolerance for cleaning gutters, raking leaves and shoveling snow can go right out the window. A condominium with low-maintenance needs can be a literal lifesaver, if your health or physical abilities decline.”

As we mentioned earlier, would a condo with an HOA fee be worth the added peace of mind in knowing that you do not have to do the maintenance work yourself?

4. Security

“Elderly homeowners can be targets for scams or break-ins. Living in a home with security features, such as a manned gate house, resident-only access and a security system can bring peace of mind.”

As scary as that thought may be, any additional security and an extra set of eyes looking out for you always adds to peace of mind.

5. Pets

“Renting won’t do if the dog can’t come too! The companionship of pets can provide emotional and physical benefits.”

Evaluate all of your options when it comes to bringing your ‘furever’ friend with you to a new home. Will there be necessary additional deposits if you are renting or moving in to a condo? Is the backyard fenced in? How far are you from your favorite veterinarian?

6. Mobility

“No one wants to picture themselves in a wheelchair or a walker, but the home layout must be able to accommodate limited mobility.”

Sixty is the new 40, right? People are living longer and are more active in retirement, but that doesn’t mean that down the road you won’t need your home to be more accessible. Having to install handrails and make sure that your hallways and doorways are wide enough may be a good reason to look for a home that was built to accommodate these needs.

7. Convenience

“Is the new home close to the golf course, or to shopping and dining? Do you have amenities within easy walking distance? This can add to home value!”

How close are you to your children and grandchildren? Would relocating to a new area make visits with family easier or more frequent? Beyond being close to your favorite stores and restaurants, there are a lot of factors to consider.

Bottom Line

When it comes to your forever home, evaluating your current house for its ability to adapt with you as you age can be the first step to guaranteeing your comfort in retirement. If after considering all these factors you find yourself curious about your options, let’s get together to evaluate your ability to sell your house in today’s market and get you into your dream retirement home!


Posted in Buying a home
Oct. 9, 2018

Are Lending Standards Propping Up Home Prices?

Are Lending Standards Propping Up Home Prices? | MyKCM


Back in 2005, Federal Reserve Chairman Alan Greenspan described the dramatic increases in residential real estate values as a “froth in housing markets.” Greenspan went on to say:

“The increase in the prevalence of interest-only loans and the introduction of more-exotic forms of adjustable-rate mortgages are developments of particular concern…some households may be employing these instruments to purchase homes that would otherwise be unaffordable, and consequently their use could be adding to pressures in the housing market.”

Greenspan was warning that the loosening of lending standards could lead to disaster. And it did.

With home prices again appreciating at percentages well above historic norms, many are wondering whether the market is again becoming “frothy.” Mortgage standards are much stricter now, however, than they were in 2005.

The Urban Institute’s Housing Finance Policy Center issues a monthly index which measures the percentage of home purchase loans that are likely to default. A lower score indicates that lenders are unwilling to tolerate defaults and are imposing tighter lending standards. A higher score indicates that lenders are willing to tolerate defaults and are taking more risks.

Their July Housing Credit Availability Index revealed credit availability rose to 5.9%. For context, they went on to explain:

“Significant space remains to safely expand the credit box. If the current default risk was doubled across all channels, risk would still be well within the pre-crisis standard of 12.5 percent from 2001 to 2003 for the whole mortgage market.”

Here is a graph depicting the Urban Institute’s findings:

Are Lending Standards Propping Up Home Prices? | MyKCM

Bottom Line

Though it may be slightly easier to get a mortgage today than it was a year ago, lending standards are nowhere near where they were during the build-up to the housing bubble.


Oct. 2, 2018

Buying Is Now 26.3% Cheaper Than Renting in the US

Buying Is Now 26.3% Cheaper Than Renting in the US | MyKCM


The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting, with a traditional 30-year fixed rate mortgage, in 98 of the 100 largest metro areas in the United States.

In the six years that Trulia has conducted this study, this is the first time that it was cheaper to rent than buy in any of the metropolitan areas.

It’s no surprise, however, that those two metros are San Jose and San Francisco, CA, where median home prices have jumped to over $1 million dollars this year. Home values in San Jose have risen 29% in the last year, while rents have remained relatively unchanged.

For the 98 metros where homeownership wins out, 97 of them show a double-digit advantage when buying. The range is an average of 2.0% less expensive in Honolulu (HI), all the way up to 48.9% in Detroit (MI), and 26.3% nationwide!

Below is a map of the 100 metros that were studied. The darker the blue dot on the metro, the cheaper it is to buy there.

Buying Is Now 26.3% Cheaper Than Renting in the US | MyKCM

In order to calculate the true cost of renting vs. buying, Trulia includes all assumed renting costs, including one-time costs (like security deposits), and compares them to the monthly costs of owning a home (insurance, mortgage payments, taxes, and maintenance) including one-time costs (down payments, closing costs, sale proceeds). They also assume that households stay in their home for seven years, put down a 20% down payment, and take out a 30-year fixed rate mortgage. The full methodology is included with the study results here.

Below is a chart created with the data from the last six years of the study, showing the impact of the median home price, rental price, and 30-year fixed rate interest rate used to calculate the ‘cheaper to buy’ metric.

Buying Is Now 26.3% Cheaper Than Renting in the US | MyKCM

In 2016, when buying was 41.3% less expensive than renting, the average mortgage rate was the driving force behind the difference. Rates this year are the highest they have been in six years which has narrowed the gap, all while home price appreciation has also been driven up by a lack of homes for sale.

Cheryl Young, Trulia’s Chief Economist, had this to say,

“One point deserves emphasizing: The ultra-costly San Francisco Bay Area is not a harbinger for the nation as a whole. While renting may outweigh buying in San Jose and San Francisco, it is unlikely that renting will tip the scales nationally anytime soon.”

Bottom Line

Homeownership provides many benefits beyond the financial ones. If you are one of the many renters out there who would like to evaluate your ability to buy this year, let’s get together to find your dream home.


Sept. 28, 2018

2 MUST SEE OPEN HOUSES! Sunday 1:00-3:00 pm

This outstanding home in Harris Ranch is better than new! The incredible floor plan features an open layout, vaulted ceilings, contemporary woodwork, gorgeous oak hardwood flooring, slate gas fireplace, spacious bedrooms, abundant storage & a custom patio with a stellar view! The impressive chef's kitchen is anchored by a sleek granite 9' center island, large double oven & custom cabinetry. Enjoy a generous upper level bonus room that can be used as a 2nd master suite with a full bath & walk-in closet.

Click address for link to more info:

2561 S Palmatier Way, Boise, ID 86716


Luxurious river front home in the prestigious gated community of Wood Duck. Enjoy a one of a kind setting w/ an iconic view of the Boise River & foothills. High end updates & extraordinary craftsmanship throughout. Abundant floor-to-ceiling windows perfectly frame the stunning surroundings & fill the home w/ natural light. Spa-like master bath retreat with ancient riverbed granite, heated floors,heated towel rack, 2 person jetted spa tub w/ champagne bubbles! Just a short stroll to River & greenbelt!!


Click address for link to more info: 

3254 E Rivernest Ln, Boise, ID 83706

Sept. 25, 2018

Millennials Are Skipping Starter Homes for Their Dream Homes

Millennials Are Skipping Starter Homes for Their Dream Homes | MyKCM


A new trend has begun to emerge. With home prices skyrocketing in the starter home category, many first-time homebuyers are skipping the traditional starter homes and moving right into their dream homes.

What’s a Starter Home?

According to the National Association of Realtors (NAR), simply put, a starter home is a one or two-bedroom home (sometimes even a small, three bedroom).Prices vary widely by market but starters on average cost $150,000 to $250,000 while trade-up and premium homes cost upwards of $300,000.”

Finding Their Forever Homes Now

A recent CNBC article revealed that there are many factors that delayed older millennials (ages 25-35) from buying a home earlier in their lives. The aftereffects of the Great Recession teaming up with larger education costs forced many to either remain living in their parent’s homes or to rent.

With the economy continuing to improve, many millennials have been able to break into better-paying jobs which has helped spur down payment savings. As the dream of homeownership comes closer to reality, many millennials are saving for their forever homes.

According to the latest statistics from NAR, 30% of millennials bought homes for $300,000 or more this year (up from 14% in 2013). Diane Swonk, Chief Economist at Grant Thornton weighed in saying, “They rented for longer. Now they’re going to where they want to stay.”

More and more millennials are settling down, getting married, and starting families, which is a huge factor driving them to look for larger homes.

Increased competition in the starter home market has also been a driving force in waiting to afford their dream homes. Inventory in the starter home market is down 14.2% from last year, according to research from Trulia. This has driven prices up and has led to bidding wars.

Many first-time buyers who were originally looking for starter homes are realizing that for just a little bit more of an investment, they could afford trade-up or premium homes instead.

Bottom Line

If you plan on purchasing your first home this year, let’s get together to determine how much house you can afford. You may be pleasantly surprised. Call us at Templeton Real Estate Group at 208-473-2203 or email us at


Sept. 21, 2018


Situated to fully enjoy the spectacular Canyon view, this pristine residence offers luxury living in an incredible foothills setting. Perfect for indoor & outdoor entertaining tucked away in a quiet, private neighborhood. The location provides quick access to foothills trails & outdoor recreation. Custom finishes & timeless craftsmanship throughout. The wall of windows from the great room provides abundant light & an unparalleled foothills view. Grand interior built to enjoy the spectacular surroundings.


Click address for link to more info:

6624 E Escarpment CT, Boise, ID 83716

Sept. 18, 2018

4 REAL Reasons Why We Buy A Home!

4 REAL Reasons Why We Buy A Home! | MyKCM


We often talk about why it makes financial sense to buy a home, but more often than not, the emotional reasons are the more powerful or compelling ones.

No matter what shape or size your living space is, the concept and feeling of home can mean different things to different people. Whether it’s a certain scent or a favorite chair, the emotional reasons why we choose to buy our own homes are typically more important to us than the financial ones.

1. Owning your home offers you the stability to start and raise a family

Between the best neighborhoods and the best school districts, even buyers without children at the time of purchase may have these things in mind as major reasons for choosing the locations of the homes that they purchase.

2. There’s no place like home

Owning your own home offers you not only safety and security, but also a comfortable place that allows you to relax after a long day!

3. You have more space for you and your family

Whether your family is expanding, an older family member is moving in, or you need to have a large backyard for your pets, you can take this all into consideration when buying your dream home!

4. You have control over renovations, updates, and style

Looking to actually try one of those complicated wall treatments that you saw on Pinterest? Tired of paying an additional pet deposit in your apartment building? Or maybe you want to finally adopt that puppy or kitten you’ve seen online 100 times? Who’s to say that you can’t do just that in your own home?

Bottom Line

Whether you are a first-time homebuyer or a move-up buyer who wants to start a new chapter in your life, now is a great time to reflect on the intangible factors that make a house a home.


Posted in Buying a home
Sept. 14, 2018



Don't miss this opportunity! Desirable Single Level in River Heights 

Incredible single level w/ upper bonus room situated to fully enjoy the Boise foothills! The stunning natural view is mirrored by the elaborate landscaping in the fully fenced backyard complete w/ impressive boulder wall, water feature & lighting. Fabulous interior boasts a spacious main level den with closet. Sizable gourmet kitchen features a gorgeous center island, custom cabinetry, top-of-the-line appliances including built-in refrigerator. Peaceful master suite w/ gas fireplace & tranquil views.


Click address for link to more info:

4330 S River Falls Ave, Boise, ID 83716