The Wright Info

Ada and Canyon County Real Estate Stats

patrick1374 — Thu, 13 Oct 2011 18:40:47 +0000

Thanks for dropping back in to read my Meridian real estate blog! One of the great services I provide is current real estate market stats and info. By knowing what the market is doing you will be able to make more informed decisions about buying costs or selling price based on your area.

Here are links to current stats:

Click to Download the latest Market Statistics:

ADA County New Construction

Canyon County New Construction

ADA County Existing Home Sales

Canyon County Existing Home Sales

Ready to get into that new home you’ve been dreaming of? Contact me today to learn what a skilled Idaho REALTOR® can do to help make your next move the right one – or visit my website to start finding homes now!

Home Prices in Boise on the Rise

patrick1374 — Mon, 03 Oct 2011 17:32:54 +0000

Home prices are rising in Florida and the national real estate markets are beginning to see some upward rise as well. According to REALTOR.com Florida cities make up 9 of the top 10 cities for highest year over year list price spikes. Just outside that top 10? Boise, Idaho. That’s right home prices in Boise may be on the rise to even high levels soon.

#13. Boise, Idaho

Average list price: $212,588
Year-over-year increase: 10.43%

Read the full article

Are you looking for homes for sale in Boise before they go up?
Mortgage rates are also at exceptional levels and more than ever NOW may be the best time to buy a home in Idaho. A great place to start is by visiting my Boise Homes website to search for the homes that might suit you.

Boise Listed in Top 25 Places to Retire

patrick1374 — Wed, 28 Sep 2011 19:41:00 +0000

Boise has been named as one of the top places in the country to retire, and to those who love the City of Trees this is no surprise. Whether you can’t survive without culture and arts or are an avid outdoor recreation nut there’s no doubt that Boise is one of the crowning jewels of the Gem State.

Read more on this news here

Are you looking for homes in Boise? I can help you find the perfect property for you whether you are looking for homes near downtown or even homes in Eagle or the surrounding areas. Contact me today to see what working with the WRIGHT agent can do for you!

March Home Sales

patrick1374 — Thu, 29 Apr 2010 15:49:14 +0000

Thank you for visiting my Boise Realtor Website! Herein you will find the best homes in Boise online as well as any home listed in Idaho! Find homes in Boise fast with my quicksearch, browse my featured Idaho homes, learn more about the Treasure Valley, get your home value report, and much more!

Part of providing the best Boise Realtor services is keeping my clients up on the latest news. Here is some GREAT news for real estate nationwide:

March was the biggest single month rise of new home sales in over 40 years according to a government report released Friday as home buyers grabbed up properties just ahead of the tax credit that is about to expire.

New-home sales rose 26.9% to a seasonally adjusted annual rate of 411,000 last month, compared to an upwardly revised annual rate of 324,000 in February, the Census Bureau said. The gain snapped a four-month streak of declines.

A consensus of economists surveyed by Briefing.com expected March sales to rise to an annual rate of 330,000. The March sales were the strongest since last July, and the percentage gain was the biggest on a month-over-month basis since a 31% gain in March 1963.

It’s a nation-wide event as new home sales spiked in every region of the United States with the South seeing the biggest jump in new home sales, up 43.5%, while the Northeast region saw sales climb 35.7%.

The West and Midwest regions both saw single-digit percentage growth, with the West up 6% and the Midwest up 4%.

It’s not just new home sales either.The Census Bureau data followed a report from the National Association of Realtors on Thursday that showed existing home sales soared nearly 7% in March, as new homebuyers raced to buy up properties before a tax credit expires on April 30. Have you gotten in on this historically unique real estate market? Time is almost up!

“It’s obvious that homebuyers are rushing in to take advantage of the tax credit that’s set to expire,” said Robert Dye, senior economist for PNC Financial Services.

In November, the government extended and expanded an $8,000 tax credit, which also allows some repeat buyers to qualify for a $6,500 credit. Buyers have until April 30 to qualify.

Home sales are expected to see continued strength in April’s data before “tailing off” through the summer as the group of buyers who rushed in are “all spent out” and the tax credit dries up.

An estimated that 228,000 new homes hit the market in March. At the current sales rate, it would take 6.7 months to sell through that inventory, down sharply from an estimated 9.2 months of inventory in February.

Although new-home sales in March exceeded analyst expectations, sales are still trending near record lows, and home prices are still under pressure thanks to oversupply.

Average pricing of a new home was $258,600, according to the Census Bureau. That was virtually flat compared to a year earlier, and 12% below average prices in 2008. With the job market still floundering there is a real threat the housing market. April unemployment rates are expected to dip to a still-high 9.6% from March’s 9.7% when data are announced May 7.

More solid house prices and an improving jobs market are KEY to make recovery felt on Main Street as well as Wall Street, and these latest figures are reason to have hope for a turn around.

Whether you are looking to buy a home in Boise or sell your home in Eagle I can help you make your next move the right one! Contact me, Patrick Wright today to see what a progressive Boise Realtor can do for you!

Boise Real Estate

patrick1374 — Tue, 14 Jul 2009 15:01:56 +0000

Welcome to my Boise Real Estate blog! Herein you will find great information on Boise Real Estate and Real Estate in Idaho. You can follow my links to my Idaho Real Estate Website where you can learn more about Southwest Idaho, and search for properties in Idaho.

My personal commitment to clients and customers is to make your real estate transaction as smooth and stress free as possible. Growing up in the Boise and Eagle area with over 10 years in the local Boise Real Estate industry and a total of 16 years in sales… I know Boise!

Contact me to find out how I can help make your next move a success!!