Brighton Homes Announces Cadence Over-55 Community

Brighton Homes has announced their new Cadence Over-55 community, located in Paramount, at the corner of Chinden Avenue and Meridian Road.

This unique new community offers:

  • Master-planned gated community.
  • Club House with pool and spa.
  • Landscape maintenance and snow removal.
  • Walking paths and open spaces.
  • 100% Energy Star Certified.
  • Smart home technology with smart locks & thermostats.
  • Single-level custom homes.
  • Choose your lot and plan now!

Please call me at (208)938-5533 or e-mail me for more information.

 

Boise Area Spring Real Estate Market: 5 Things To Know

Here are 5 things to know about our Boise Area Spring real estate market.

1) Low Listing Inventory

Finding the home you want in the Boise Area Spring real estate market will be challenging this year.

We’ve struggled with low listing inventory for the past 39 months in the Boise real estate market.

We currently have fewer than 1,200 homes for sale in all of Ada County.

Those listings include all price ranges and are spread over 17 MLS areas.

Roughly half of those listings are “to be built”, or “under construction” (phantom inventory).

Insider Secret: Some of those “to be built” listings are used as “bait” to lure buyers into build jobs and will not be built unless they get pre-sold.

2) Multiple Offer Bidding Wars

Don’t be surprised if you have to compete with other offers when you find the right home.

Multiple offers are common and often result in homes selling above the asking price.

Be prepared to act swiftly when you find the home you like.

If you like a home, someone else probably likes it too.

Don’t let yourself get swept up in an emotional decision and overpay in a bidding war.

Avoid waiving your home inspection rights, agreeing to pay more than appraised value, and agreeing to outbid all other offers.

There will always be another home if you don’t get this one!

3) Financing Pre-Approval

In our current market, you’re unlikely to have your offer accepted without pre-approved financing.

There’s a big difference between getting pre-approved and pre-qualified (pre-approved means underwritten upfront).

I recommend using a local, direct lender with all processing, underwriting, document preparation, and funding done locally vs. a large national lender with out-of-area processing.

Give me a call at (208)938-5533 if you’d like to know who I recommend.

4) More New Homes

We have a lot of new homes under construction throughout the Treasure Valley.

Considering new homes will provide more listings to choose from.

You may even be able to find the right home while it’s being built and choose your colors and other components.

A new home will have a warranty, be more energy-efficient, and have that enticing new home aroma!

5) More Real Estate Agents

Be prepared to encounter a lot of eager, new real estate agents.

The (mis)perception of easy money has resulted in nearly 6,000 real estate agents in the Boise Area.

We actually have ten times as many agents as existing homes for sale now, which means we have a lot of starving, struggling agents who are eager to make a sale.

Beware of agents who are learning on the job and have little, or no, real estate experience.

Find an experienced agent to guide you through the complex home-buying process.

You need a counselor/advisor; not an agent eager to “close the deal”.

Run away from agents who focus on overcoming objections and telling you every home you see is a great deal.

Give me a call at (208)938-5533 or e-mail me if you would like my help!

 

Boise Idaho Over-55 Homes

Boise Idaho Over-55 homes are attractive for many homeowners when the kids are gone and other activities beckon.

Over-55 developments usually offer smaller homes on smaller lots and often provide full landscaping care.

We have very few true Over-55 communities in our real estate market, but the ones we have are very desirable.

Perhaps more importantly, the Boise Idaho real estate market also offers homes in several developments that do not require occupants to be age 55 or older.

I can help you find high-amenity homes on smaller lots with full landscaping maintenance included in the HOA dues.

For more information on these listings, please give me a call at (208)938-5533 or e-mail me.

 _______________________________________________________

Phil Hoover is a licensed independent Idaho real estate broker, assisting both buyers and sellers in Boise Idaho, Meridian Idaho, and Eagle Idaho.

During his 44 years of full-time real estate experience, Phil has helped thousands of past clients buy and sell quality properties in the Western U.S.

Phil is one of only ten local Realtors® (of nearly 5,500) honored with the coveted “Realtor® Emeritus” award from the National Association of Realtors®, recognizing 40 years in real estate.