Multiple Offers Are Back Across The U.S.
Tuesday, May 15th, 2012 Posted in Inside Real Estate | No Comments »The Boise real estate market isn’t the only place where multiple offers are occurring. A recent Wall Street Journal article describes how multiple offers are back in various recovering real estate markets around the country. Slim listing inventory, combined with cheap mortgage ...
Mortgage Debt Relief Act To Expire
Friday, May 11th, 2012 Posted in Inside Real Estate | No Comments »The Mortgage Debt Relief Act of 2007 allows mortgage borrowers to avoid paying federal taxes on debt that is forgiven as a result of a short sale, foreclosure, or loan modification. To avoid forgiven debt being considered taxable income, the debt ...
Boise Real Estate’s Multiple Offers
Monday, May 7th, 2012 Posted in Inside Real Estate | 2 Comments »I’m hearing a lot of talk about multiple offers these days; especially in the under-$200,000 price range. If it’s a clean, well-maintained, closable property, there’s a high likelihood of multiple offers. I have heard of 5, 14, and even 37 offers on ...
Boise Real Estate: Rent vs. Own
Thursday, April 26th, 2012 Posted in Inside Real Estate | 5 Comments »One thing that’s driving our strong activity in the Boise real estate market is rising rents. A couple of years ago, landlords found it difficult to ask more than $1,000/month rent. Those days are gone. For example, I have an investor client who ...
Why Boise Homes Sales Are Up
Tuesday, April 24th, 2012 Posted in Inside Real Estate | No Comments »With more than 1,150 pending sales in our MLS, it’s no secret that Boise home sales have increased dramatically in the past few weeks. Here are few reasons why we’re seeing strong activity in the Boise real estate market now. Affordability Affordability is ...
