TripleCord Review
December 2022
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Come follow me on Instagram or Facebook @BeckaSellsBoise
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For the first time since October 2014, the median sales price for homes in Ada County dropped year-over-year. In November, the median sales price of homes sold was $525,000 — 2.5% lower than in November 2021 and 6.5% less than in October 2022.
Home prices are driven by supply versus demand. Higher mortgage interest rates, combined with the swift home price appreciation in the last several years, have decreased purchase power for buyers and lessened demand. As a result, some buyers have made budget adjustments and others have pressed pause on their home search.
Consequently, fewer buyers equated to fewer home sales for the county. There were 548 home sales in November, 39.0% less than a year ago. Of those, 380 were existing/resale homes, down 44.9% from November 2021, and 168 were new construction homes, down 19.2% from last year...CONTINUE READING
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Boise Area Events Calendar
Looking for some fun holiday events? Check out our event calendar HERE for the latest local happenings. Some events may change, so please make sure to check the website links for the most up to date information.
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There’s no denying mortgage rates are higher now than they were last year. And if you’re thinking about buying a home, this may be top of mind for you. That’s because those higher rates impact how much it costs to borrow money for your home loan. As you set out to make a purchase this winter, you’ll need to be strategic so you can find a home that meets your needs and budget.
Danielle Hale, Chief Economist at realtor.com, explains: “The key to making a good decision in this challenging housing market is to be laser-focused on what you need now and in the years ahead, . . . Another key point is to avoid stretching your budget, as tempting as it may be given the diminished purchasing power.” In other words, it’s important to...CONTINUE READING
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Testimonial
"Becka is the BEST, bottom line! Becka navigated one of the most complex housing situations for us as we tried to fine a property to share with our aging parents, sell two houses, and adjust to a crazy and changing market. Becka's expertise, experience, positivity, and get-er-done attitude made the impossible possible for our family. We are grateful for her work and would highly, highly recommend her for your real estate needs!"
Brent Deakins; August 2022
See more of my client testimonials HERE!
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Recommended Service Providers
Looking to do a remodel or necessary home maintenance or repairs? If so, check out our Homeowners Resources page HERE, where we've listed several different service providers we've used personally or who have been recommended to us. We are always updating this list, so if you have contractors to recommend, please email me!
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Merry Merry Christmas!
We wish you the VERY merriest Christmas and hope that you each get to enjoy peace and rest this holiday season. What a gift it is to know the true meaning of Christmas and what incredible hope that offers!
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PENDING
3948 S Terri Pl, Meridian
$900,000
Representing Sellers
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SOLD
10075 W Star Acres Dr, Star
$910,000
Representing Seller
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SOLD
3336 E Front Runner Pl, Boise
$515,000
Representing Seller
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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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