In the Treasure Valley, 12.55 percent of office space is now vacant, according to a new report from Thornton Oliver Keller. That represents a historic high for the area and puts inventory at an 18-month supply.
WINTER IS AROUND THE CORNER
With winter fast approaching it is time for the winter recreation, we have had some new snow the last few weeks but is has come and gone at Brundage, they have had 14 inches this year so far. However it has warmed up and most of the snow is gone until the next snow storm. After Brundage added the two new chairs in 2007 and the new mountains side Bears Den restaurant added last year Brundage has not had any new changes for this coming season.
Brundage has received approval for the development of the Brundage Mountain Resort Planned Village on over 300 acres at Brundage Mountain. The company does not yet have a time table to start the construction of the first phase of the Village, however they will proceed with planning now they have county approval. The village will be a mixed use community with design to fit into the forest and mountain environment of Brundage Mountain. Visit this site for information on Brundage Village http://www.brundageland.com/ and also visit http://www.brundage.com/ for information on the Ski Area and snow updates.
TAMARACK "MIGHT' OPEN
A judge in Boise will let Tamarack Resort homeowners intervene in a foreclosure lawsuit against the failed resort, but refused to endorse their plan to use a Mexican real-estate lender's cash to save the ski season.
there are opportunities for home buyers to take advantage of fixer upper financing!
Many of these distressed properties may not qualify for traditional financing without having some repairs completed. Most banks and certainly short sale owners will not invest money into needed repairs.
Introducing the FHA 203(k) Loan Program! New guidelines provide for high loan to value ratios as well as competitive interest rates.
Every MLS listing across the country is hosted on REMAX.com! This link will show you in Real-Time, how many searches are happening across the country and in what areas on the REMAX.com site.
This is pretty cool! Especially to realize the power of "The Brand" ... Nobody sells more real estate than REMAX!
Time is on your side if you've ever considered buying Idaho real estate as an investment...
So many people have asked me how long does a short sale take... Wow! What a loaded question!
After working short sales for several years now, in different markets, I have come to know that there is no straight answer!
It all depends on the 3rd party lender(s), the person(s) you get on the phone, what type of loan(s) the seller has, the mood of the negotiator, the cooperation and timeliness of the seller and a miriad of different variables.
I hope this Short Sale Time Line graphic will help you visualize this tedious process in a simple fashion.
Though there are thousands of real estate web sites floating in cyberspace, few independent agent sites get the number of hits and visits as sellidaho.com.
After reviewing the statistics from August, 2009, Idaho's #1 Real Estate website has been found to be sellidaho.com receiving 655,319 Hits in one month! We are on track to receive over 1,000,000 hits by the end of September! Nearly 8,000 unique visitors clicked through to the best source for Idaho MLS listings and found homes and properties for sale in the Treasure Valley and surrounding areas in Idaho.
The average price of a Boise home has dropped about 20% since May of 2007. The average number of homes sold has dropped nearly 50%, from 1599 as of May 1, 2007 to only 783 as of May 1, 2009 (YTD numbers from Intermountain MLS).
The links below do not provide a comprehensive list for these properties, just ones that are readily identified as such. For a complete list or maybe a narrowed-down list of certain criteria, please drop me an e-mail or a phone call at (208) 880-5039 & I can e-mail you a detailed search directly from my MLS Engine...
In the Treasure Valley, 12.55 percent of office space is now vacant, according to a new report from Thornton Oliver Keller. That represents a historic high for the area and puts inventory at an 18-month supply.