Real Estate

Median Boise Home Price Crosses 500k

Real estate prices in Boise, Idaho, continue to boom, with median home prices crossing the 500k psychological mark. It happened in Ada County, the most coveted neighborhood in Boise, where the median home price rose to $523,250 in May. That’s 30% up from May 2020 when the median price in Ada County stood at $360,000. In April, the median price was $481,000 so crossing the $500,000 threshold represents...

Boise Housing Prices Rose by 41.1%

The real estate market in the US has been rising all over the US in the past 12 months, but in Boise, Idaho, prices have practically exploded. And will continue to do so for the foreseeable future. The explanation lies in a combination of two factors – very, very limited supply and exponential population growth. Let’s have a look at some numbers to understand how come Boise house prices have...

6000 New Homes in Southwest Boise

Boise residents are faced with a tough choice – trading in some of their open spaces slated for parks and recreation areas to allow the construction of thousands of new homes the city badly needs. Some of the residents are not happy with this prospect, but on the other hand that would mean thousands of new homes for the people moving to Boise in large numbers. And at a more reasonable price than what...

The importance of a real estate agent

Some see real estate agents as simple middlemen, without considering the many ways in which such a professional can help a transaction run smoothly. The most important thing agents bring to the table is years of experience, which also means in-depth knowledge of the housing market. No amount of staring at property search websites can give you that! Whether you’re looking to buy or sell a property,...

Which Boise Neighborhoods Are Most Affordable

Many people looking to relocate to Boise, Idaho, are attracted by the cost of living. Besides its many strong points, like the laid-back way of living and the opportunity to be close to nature (think Greenbelt!), Boise is constantly rated among the most affordable cities in the US. However, houses in the City of Trees do not come cheap. On the contrary, house prices are constantly rising, which is why...

Commercial Real Estate

In the late 1970s and early 1980s lease option sales represented one of the most used financing instruments. This was a very popular way of buying real estate in a time when 100% financing wasn’t available and hard moneylenders were even more difficult to find.  Just a few people are aware of the fact that lease options are considered by banks as a violation of the due on sale clause. Basically, if the...

Real estate in Boise Idaho 2020

It is too early to tell how the real estate market in Boise, Idaho, will react to the coronavirus pandemic and its aftermath, but, so far, things are looking pretty good and realtors are confident the market will soon be back to normal. These expectations are based on two key factors - high demand and low mortgage rates. March saw record-setting prices The Treasure Valley’s housing market is still hot...

Best Places to Live in Boise

Over the past few years, Boise, Idaho, repeatedly made it to the top of best cities to live in the United States lists, which explains why people all over the country are looking to relocate to the Treasure Valley. A good place to live There a many good reasons to move to Boise, starting with a good atmosphere and an excellent overall quality of life. People deciding to leave overpriced crime-ridden...

2019 Real estate market in Boise

Boise, Idaho, is one of the country’s fastest-growing cities and this had a positive impact on the local housing market in 2019. Over the past few years, Boise has emerged as a sleeper investment opportunity, a growing city with a burgeoning local economy which fueled demand on the real estate market. Yet, housing prices remained affordable, meaning investors were not afraid they would be buying at the...

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