TripleCord Review
November 2020
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Market Update
Even though we are entering the commonly slower fall and winter real estate seasons, the Boise housing market is now and is expected to continue to be extremely fast paced. Buying or selling in this market can sometimes feel like jumping into tumultuous waters, but I am here to help you navigate the process. Though TripleCord usually writes its own "market update," we felt Cassie Zimmerman of Boise Regional REALTORS® gave an excellent summary of what's been happening this month. So, I decided to share her article with you below. I hope you find the information provided helpful. And, please, if you are considering buying or selling, give me a call! I'd love the opportunity to meet with you to share more about the current market, which is changing daily, as well as to help you decide whether now is a good time to jump in.
Ada County Home Sales Remain Strong Despite Low Supply
Written by Cassie Zimmerman of Boise Regional REALTORS®
For years now, Boise Regional REALTORS® has reported on how the demand for homes has outpaced supply and the impact that has had on home prices. October 2020 was no exception as the median sales price for homes sold in Ada County was $406,684 in October, up 14.7% year-over-year, but down slightly from September 2020. This was based on 1,112 home sales, an increase of 11.9% compared to October 2019. But looking at the supply of homes for sale, according to data from the Intermountain MLS (IMLS), there were 443 of single-family homes available for purchase at the end of October, down 73.7% compared to the same month last year.
This begs the question, “How can home sales be up while inventory continues to drop?”…..CONTINUE READING
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Boise Area Events Calendar
The holidays are upon us! HERE are some fun local events to enjoy with family and friends this season! Due to COVID-19 concerns, some events have been cancelled and some may be cancelled, so make sure to check website links for the most up to date information!
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Many people are eager to buy a home right now while affordability continues to be a highlight of the current housing market. However, a recent survey by Sparks Research shows that 20% of first-time homebuyers cite a lack of financial education as a barrier to homeownership. This is definitely understandable. If you don’t feel comfortable with the financial process of buying a home, it’s hard to make a confident decision. In fact, four in five homebuyers say they need help to understand what they can even afford in the first place. This is why finding the right professionals to help you through the process is so important.
On top of that, the same survey reports over two-thirds of prospective homebuyers believe they’ll need assistance to save enough for a down payment. What they may not realize is that there are a lot of down payment assistance programs at the state and regional levels, and many of them have funds available for potential buyers. Down Payment Resources recently released its Q3 2020 Homeownership Program Index, which explains: “The number of total programs is 2,340, and over 81 percent (81.1%) of programs currently have funds available for eligible homebuyers.”
Keep in mind, these programs aren’t just for first-time homebuyers, so it’s worth exploring your options no matter where you...CONTINUE READING
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Testimonial
"Selling a house during COVID-19 with Becka? No problem! We began our relationship a kitchen/great room flood just10 days after listing our home. We were able to experience just how patient, flexible and caring she is as a person as we went back and forth in our text messages thinking the house would be ready to place back on the market week by week. Once we were finally ready, Becka jumped in with the efficiency and precision of a gazelle. She navigated us through each craggy step - answering all of our questions, walking us through procedures and keeping us informed each step of the way. If you need a realtor to care and really help you through the sale of your home, even in extenuating circumstances, then Becka Marston is for you!"
Terry & Francie Bush, September 2020
See more of my client testimonials HERE!
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Just Keep Laughing
It has been a long season, hasn't it?! We are all weary and ready to be on the other side of this pandemic. Our family is trying our hardest to keep laughing in the midst of all that is going on around us. We are trying so hard to keep a positive attitude when at times all we want to do is stomp our feet and scream.
I pray that you are finding ways to keep laughing in the midst of all the crazy out there. I hope our family's halloween picture helps with that. :)
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SOLD
1800 E Golden Oak Ct, Meridian
$1,501,500
Represented Buyer
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PENDING
1887 S Cobble Ave, Meridian
12 Hours on Market
Representing Seller
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PENDING
3271 E Thoroughbred Ln, Boise
Representing Buyers
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PENDING
3501 N North St, Boise
Representing Buyers
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PENDING
642 S Short Ln, Eagle
Build Job
Representing Buyer
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PENDING
5513 S Bentwaters Way, Meridian
Build Job
Representing Buyers
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PENDING
3419 N Tradewind Ave, Meridian
Build Job
Representing Buyers
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If you are already working with an agent, this communication is not
meant as a solicitation for that business.
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