Boise Real Estate Blog

Why We Do Walk-Throughs

It’s pretty much standard practice for buyers and their agent to do a “walk-through” of the home they’re buying prior to closing.

One reason for a walk-through is to confirm that the property is in the same condition as when the buyer’s offer was accepted.

Another reason is to confirm that the seller is leaving all items that were agreed upon at the time of sale.

This is rarely an issue, but I recently dealt with that exact situation where a seller removed drapery rods and window coverings that were specified as “included” in both the listing and the purchase and sale agreement.

Finally, the walk-through is a good time for the seller to explain the operation of the various systems of the property, such as sprinklers, HVAC, and other items.

June 11th, 2013 Posted in Inside Real Estate |  Print This Post | No Comments »

Phriends of Phil: J&M Painting

I built my home in Brookwood twelve years ago, so it was time to have it repainted this year.

I asked a couple of my clients about their house painting experiences and got a raving recommendation from one of them who had used J&M Painting to repaint their home.

I soon learned that the “J” in J&M is Jill McFarland, who handles the administration side of the business, including scheduling.

Then, I met Mike, Jill’s husband ~ the “M” in J&M.

They’re a sharp young couple who have built a successful painting business through word-of-mouth referrals with no advertising (they’re not even in the phone book!)

Mike is the hands-on, paint-covered, in-the-field guy who oversees the actual painting jobs.

To say that I was impressed with J&M’s work would be a huge understatement.

The painstaking attention to detail, quality of work, and the overall results were nothing short of exceptional!

If you’re looking for an experienced, honest, skilled house painting company, you need to call Jill and Mike @ 867-2179!

Meticulous Prep Work

Mike On The Job ~ Laying Down The Base Color

The Finished Job

June 10th, 2013 Posted in Phriends Of Phil |  Print This Post | No Comments »

2013 Pending Sales Trends

Here’s how our pending sales are trending in 2013.

• January 2013: 936 (baseline)

• February 2013: 1,028
  % Change: +9.8%

• March 2013: 1,247
  % Change: +21.3%

• April 2013: 1,434
  % Change: +15.0%

• May 2013: 1,402
  % Change: -2.2%

Takeaways:

• May’s 2.3% decline in pending sales is to be expected now that we are past our strong Spring market.
• Our severe lack of listing inventory could negatively impact future pending sales numbers.
• Pending sales are a reliable indicator for future closings.

Data pertains to Ada County single-family homes on lot or acreage.  Data does not include condo or townhome properties.

June 9th, 2013 Posted in Boise Market Stats |  Print This Post | No Comments »

Boise, Idaho Real Estate Stats – May 2013

Here’s a snapshot of May’s real estate activity for Boise, Idaho (Ada County):

Available Homes
# Available: 1,883
# Vacant: 922
Vacant Percent: 49.0%
Average Asking Price: $316,824
Median Asking Price: $239,900

Pending Sales
# Pending: 1,402
Average Asking Price: $252,547
Median Asking Price: $215,938

Closed Sales – May 2012
# Closed: 625
Average Sales Price: $214,814
Median Sales Price: $179,688

Closed Sales – May 2013
# Closed: 824
% Change: +31.8%

Average Sales Price: $236,474
% Change: +10.1%

Median Sales Price: $194,842
% Change: +8.4%

Data taken from Intermountain MLS on 6/7/13 and pertains to Ada County  single-family residences on lot or acreage. Data does not include condominiums or townhomes.

June 8th, 2013 Posted in Boise Market Stats |  Print This Post | No Comments »

Meridian, Idaho Real Estate Stats – May 2013

Here’s a snapshot of May’s real estate activity for Meridian, Idaho:

June 8th, 2013 Posted in Meridian Market Stats |  Print This Post | No Comments »