Boise Real Estate’s First-Time Buyers
As we approach the November 30th deadline for the $8,000 first-time buyer tax credit, it’s becoming more and more difficult to find a sharp, clean, well-maintained home under $200,000 in the Boise real estate market.
I am currently working with several first-time buyers who want to take advantage of the tax credit and I’m having trouble finding what they want in various MLS areas despite searching MLS each morning for new listings.
Buyers in this situation cannot consider short sales because they take forever and there’s little certainty of closing.
I am finding that roughly 1 in 10 homes on the market is in good condition, priced correctly, and “closable”.
If you are a buyer in the under-$200,000 price range and find a sharp, clean, well-maintained home that’s not a short sale, I recommend you pull the trigger and get it under contract.
It’s safe to assume that you’re not the only buyer who’s interested.
August 21st, 2009 Posted in Inside Real Estate
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2 Responses to “Boise Real Estate’s First-Time Buyers”
By James Sanson on Aug 23, 2009
This is awesome your Market is doing amazing. Our values in the Phoenix Real Estate market allows you to get a great bargains about $100,000 for a very clean home. Everything I read about your real estate market indicates you are supported by a well divers economy.
By Tobiann Grindstaff on Sep 13, 2009
Phil,
I just listed my home which meets your first time buyer criteria. This is an optimal listing for a downsizer as well.
* A lovely home in a wonderful neighborhood
* Great location; close to foothills, river, shopping, and schools
* Private backyard with shaded deck, bamboo, and mature landscaping
* New carpet and Pergo flooring
* 1260 square feet
* 3 bedrooms, 2 full baths
* Tandem 3-car garage
* .17 acres
http://listings.listhub.net/pages/IMLSID/98414191/
I am also a licensed real estate agent in the state of ID.
Thanks,
Tobiann