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.