The market has turned in Boise Idaho…
This spring has been tough for me… The market seems to be a sellers market… The prices at the low end of the market have gone up and there are multiple offers… I am having trouble locating property for my first time homebuyers. I am looking into special city programs… Last year when I pulled up homes under $120K there were 40 or 50 of them with the 3 bed. 1.5 bath… Today there are 4… Since I seem to specialize in that market it is hard but I am working hard to find creative solutions for my buyers… I have made several offers for different clients (some above asking price) and only have one succeed. I am educating my buyers ab out the change in the market.
On the listing side things seem to be good. I had to pull a listing for repairs and I kept it off for the 31 days so it showed as new. I had an offer on day 1. I ran an open house where 20 family units came through. I settled on Sunday and before I could put it pending I had 2 realtors call me wanting to put in offers. I had more activity in 4 days then I had in 3 months. I also settled for much higher then the other contract. This tells me the market is changing.
It will be an interesting time for me. I have never worked in an up market. I went into real estate just as the market started to flatten out. I am really good in a down market. I need to see if I can work a up market.
So if you want a great agent who works hard give Debbie Holmes a call.
Hi! I am mostly posting this because I seem to have taken a break from blogging…. I was blogging about everything and I sort of stopped for a few weeks… Maybe I needed the break…. I have been doing a bunch of stuff.
Some real estate, some politics and some spreadsheet work. I have had a tough start of the year with many random events hurting my business…. I had the suitcase full of cash, a buyer with heart surgery, a bad inspection,dad’s small stroke, dad’s research project …. Those type of things… Normally I do great but I guess after a while I didn’t want to talk about it… Or maybe its just the tail end of winter….
Well I am still selling houses in Boise, Idaho…. I have a couple of buyer leads….I thought about running for office again…. I sold the house after repairs quickly and for more than the last contract… So I guess what I want to say is that I am back in the game and trying to work up enthusiasm.
To busy doing taxes so here is stuff on the taxes from my facebook page:
I go in to the valley of darkness… I will work on my taxes…. I will put numbers into turbotax and it will spit out what I get back or pay…. I am pretty sure I get the money back….I am cross… The black cloud of taxes settle on me…I fear no evil because turbotax is with me…
12 hours later and still working on taxes…. 1 business, 4 rentals, salary and kids in college and it is very confusing…. I accidentally deleted one of my rental houses….I need the info from my broker (which he gave me and I cant find) plus one of the rentals tax forms….I am also suffering because my purse was stolen and my accounts were changed……
Woke up energetic…..Made some real progress…. Found some unexpected money in the form of checks….. I thought it was being reinvested…. I think I want all checks to be direct deposited… I also think I will again pay no federal taxes….Seems strange that when I crunch the numbers I pay no taxes……Still waiting for Charles Scwhab…. Annoying people wont get me my 1099 until Wed…. I walk through the valley of taxes I will fear no evil for I have Turbotax….
Posted in taxes
Tagged 1099, charles scwab, college, kids, purse, real estate, rentals, salary, stolen, tax time, taxes, turbotax
Yesterday I found a political ally has changed his views and is now working on legislation I strongly oppose. As Democrats in Idaho we have very little influence in how our state is run. When the Idaho’s education secretary proposed then succeeded in passing three laws that hurt Idaho’s children and teachers there was a bi-partisan outcry among the populace. The outcry was so great that the laws are up for a vote in December. Most of my ally’s and some of my usual political adversaries were working to change the laws. Yesterday I found that my friend is now going to be working for the other side. I am very sad. I was hoping that my friend would have helped us get rid of the bad legislation.
So this leads us to how we handle disappointment. In our field of real estate there is a lot of it… We have it in our personal life… We have it in our political life… So far I will admit to a pretty dismal start of my new year…
I had my suitcase full of money client where I could taste that commission check. I had a client decide it isn’t time to buy a home. I had a listing fail inspection and the buyer walked. I had to pull the listing and wait for repairs. My father had a stroke and needed help on a project. The old dog is peeing on the carpet again and her cough is coming back. I have no obvious clients in the pipeline… I was handling everything but my dad pretty well. But today I am disappointed. Perhaps I am sad because my friend seems to be what others have said in the past… But I thought better of him. What can I do? I need to think.
How do we handle disappointment in our lives and our business? Usually I just shrug it off and move to the next project… I go to the next client but as February begins I enter is with a heavy heart. Sometimes it is the move of one person. Maybe it is the accumulation. Maybe later today I will have figured out and have a new client. Maybe I will work harder to help with the voter referendum. Maybe I will drop everything and help dad in Israel in a month or so (or just visit him and his wife). I wish I could get paid for political or social work but alas I am a democrat in Idaho and the jobs are few and poorly paid. There is so much that could be improved if we had more money. I guess that is true in my real personal life. If I sold more houses I would have a more solid future. So how do I handle my disappointment and get on with my life and business?
I will get through it… I usually just suck it up and get on with it. I imagine that is what I will do today… I will go to the office and try to prospect for a bit. Does it hurt to make public disappointment?
So if you want someone who would serve you well give me a call. I can help with their real estate needs and I will be too busy to be disappointed and my outlook will change.
Yesterday was a strange day of playing with antibiotics and formularies…. Then I got to play with spreadsheets as my father, myself and my housemate worked hard during the sabbath…. Our programmer is very religious and we had until past sundown to get the work done…. It gave us a long patch of time and we accomplished the tasks that was set for us. During this time I fielded a couple of real estate calls and even looked at a property for a client. I never thought I would find real estate a welcome break…
All this work was done around my dining table. We could spread our work out and use all the computers…. This seemed like a big research meeting or some of the campaign discussions we had during my run for Congress… I made dad buy pizza since everyone who was likely to cook was busy in spreadsheets.. Finally the sun came down and eventually our programmer called us… He was fresh from his day of rest while we were tired and testy…. At around 10:30 PM I could not concentrate anymore…. The words went in one ear and out the other as if I had a hollow tube…. Finally I told him (remember Dad had a stroke 9 days ago) that we were all very tired and had been working since the morning… Now it is time to test the program…. I want to make sure the results are consistent with standard medical practice. I am hoping my dad the doctor will be with me so I do not have to look everything up in a drug guide…I have such guides but I am tired… ‘
It is very important that this program is ready for the start of the study. It would be very embarrassing to my father to arrive in Israel and not have the program ready. I have very little control of the actual timetable. I can just push here to see that our tasks are complete. My housemate will make a tutorial for the doctors in Israel. Somehow it never occurred to anyone to this… Maybe she should be a project manager if we can ever get funding or sell this. Meanwhile my husband played on his computer all day ignoring us…. He did go get the pizza though.
While I do this work I do not prospect and it will hurt business. Someday I will prospect again…
Posted in Boise Real Estate, Personal, reserch project
Tagged boise real estate, business, computer, congress, cook, data bases, pizza, prospect, real estate, sabbath, tutorial
Well between the time lost by my dad’s stroke and the fact that he leaves for Israel to start a scientific study in Israel I decided to help him. I at least understand the scientific and computer jargon that it is needed. I think I might have saved a lot of embaressment by mapping the actual labortory studies to the US Jargon….. It is nice that this 50 year old brain still can do a bit of science…. So instead of contracts and listings my microbiology text and medical dictionary sits by my side….
I am embarressed to say that I have spent years avoiding being part of the work (this is a pet project with a chance for success but no money unless he suceeds and can sell it)… Until I prospect things will be quiet. I do not know if I would be usefull traveling with him. The deadline for the start of the study is fast approaching and there seems a lot to do on the programming side…Dad and his wife leave on Tuesday… I am very worried that at the moment he is not up to this. He is only 8 days from the stroke and he tires easily. I had to argue with him about the bug mapping and it was only my persistance that won the day. Usually when I argue with dad I lose. SOmeone without any medical or scientific training would have given way.
So I need to contact my hot leads and see what they want… I have a 10 AM appointment (no sale there with a former client) and then Calcudos takes my time until Tuesday. I think if I go, I want to leave after the first of the month. I might be able to accomplish more remotely then I can with the rigors of travel. So things will probalby be quiet on the blogging front.
Posted in Personal, reserch project
Tagged calcudos, hot leads, listings, microbiology, project, real estate, scientific study, stroke, travel, us
Well the real estate market is a funny animal. Sometimes you are so busy you don’t know where to turn. You are running around and falling in to bed late. Then it gets quiet for a bit… I am in one of my quiet bits… Perhaps the two are related… When you are running around you do not have as much time to prospect. With prospecting brings clients… When it calms down you prospect again. Ideally you never stop prospecting so the pipeline never slows… The quiet time is a bit convenient (except for the lack of sales) since my dad is recovering from a stroke. It isn’t that I haven’t been busy…. I had the busy start of the year… The buyers with cash in the suitcase. I also had a pending fall on inspection… I have a buyer who wants what I cannot find… So it is quiet…. I hope to get busy but we will see… So now it is a quiet time for me right now…. Give me patience…. Maybe I should work on my 2011 taxes and prospect.
So if you want to buy a home in the Treasure Valley Call Debbie Holmes. She is a great agent with some time on her hands….
Today I am dealing with real life problems. Yesterday My dad had a small stroke. This will be his third and the prognosis is very good. He is 72 and is about to embark on a research study in Jerusalem with Hadassah Hospital. Of course this could mess up his plans but I think if we have no further problems they will be able to go. Of course it makes me nervous but he has been working on this project for 23 years and really wants to go… His right side is affected but yesterday he was dropping his fork and food and today he was managing much better… So today I will take care of my dad… It is a familiar role… Caregiver… I have done this for others and I will do it again… It so much better then the alternative. dav No real estate. We took the pending off the market to fix it and count the 31 days for a new listing…
I am posting the warning signs of a stroke…
Here are the stroke warning symptoms: Call 911 and/or get the person to the hospital within 3 hours of the onset of symptoms…This could be the difference between life and death…. recovery and disability.
According to the CDC, the five warning symptoms of a stroke are:
- Sudden weakness or numbness of the arms, legs, or face, especially on one side.
- Sudden vision problem in one or both eyes.
- Sudden dizziness, loss of balance or coordination, or difficulty walking.
- Sudden confusion or trouble speaking.
- Sudden severe headache with no known cause.
Promptly recognizing stroke warning symptoms and seeking immediate emergency care can mean the difference between life and death or disability. Patients whose stroke is caused by an interruption of the blood supply to the brain (blood clot) can be treated with clot-busting drugs, but such medicines should be given within three hours of symptom onset. Other type of strokes may require immediate surgery to prevent serious disability or death.
View from the hospital room.
Posted in stroke
Tagged 911, father, headache, hospital, numbnes, numbness, real estate, stroke, symptoms, warning sign of a stroke, weakness
OK today was not a good real estate day…. Real estate has me down today…. We had a re-inspection on my pending…. Everything on the list passed but due to the 1.5 inches of rain we got (and all the melting snow) there was 1 or 2 inches of water underneath the plastic in the crawl space….. This is the sound of Debbie beating her head against a stone wall…. My seller is way past his lower limit and the buyer will probably walk tomorrow…. I would guess my seller ought to fix the problem and try to sell at a higher price…. The market is improving so this is possible… We thought the problems were finished. We took all sorts of actions that were un-testable due to our dry winter. The day is gray and it matches my mood…. Just after I had this cheery news I talked to my very sick tenant… She has pulmonary embolisms in her lungs and developed a fungal pneumonia… She is at home and requested a grab bar for the shower. I scheduled my workman to do it on Saturday.
I hope tomorrow I get it together…. I must prospect…. The serenity prayer is in order today…. I must remember my people are all well, nobody died…. Just problems…. Lots of problems….
Posted in Boise, inspections, Sellers
Tagged crawl space, inspection, pending, prospect, real estate, reinspection, serenity prayer, tenant, vapor barrier, workman
I like to read! It’s a fact…. The first chapter book I remember reading was “The Island of the Blue Dolphens’ by Scott O’Dell. I was probably in the third or fourth grade… I have been reading ever since…. I had an aunt who challanged me to read “A Tree Grows in Brooklyn” in exchange for her watching one episode of Star Trek in the the seventh grade…. She admitted my favorite TV show wasn’t trash and I started reading long wonderful novels…I got the better deal…
Yesterday I noticed one of my Chanukah books was “Minding Frankie” by Maeve Binchy. I have been reading her for at least 15 years… Her books strike a chord within me… I am not Irish… I am not Catholic… But her books resonate for me… She writes about ordinary things (life, love, marraige, business, death, children). She is Wonderful at developing her characters…. The main character of one novel becomes part of the scenery of the next… I started reading it and as always I couldn’t book the book down until I finished this morning…. I got to meet new characters while catching up on some old favorites…. I also had to say goodbye to “Muttie”, a longstanding character… In Minding Frankie a very pregnant dying woman tells a drunkard that he is the father…. The community pulls together to help the father raise the child…. Everyone is rewarded in some way…. The act of helping with this poor child brings people together… A true example of it Hillary Clintons “It takes a Village to Raise a Child”.
I think she is more a woman’s author than a man’s but her writing is wonderful. If you like to read her books are worth a try. So now I have to wait until Maeve Binchy writes her next book. It was a wonderful day that I spent reading (in between real estate stuff).