treasure-valley-idaho-home-prices-a-9-year-history | Market Updates

Details: Category: Market Updates Market Updates; Published: 09 October 2010 09 October 2010; Hits: 16964 16964

Where have Home Prices in the Boise Valley been and where are they going?

Following is an interesting graph, showing the bubble of home prices for both Canyon County real estate and Ada County real estate, here in the Treasure Valley, Idaho.

The peak of pricing was late 2006 and early 2007. The average sales price for Canyon County for September, 2010, is very close to what it was in September 2002.

Idaho Real Estate Market

So, where are Idaho Real Estate prices going? There are a lot of parameters that may effect prices in the coming months and years. Often, prices may drop slightly for seasonal issues, while in this market and economy, jobs seems to be the biggest issue.

With as many Idaho short sales and Idaho foreclosures on the market (nearly 60% across the board), prices will continue to suffer for a while. Once there is a stabilization of consumer confidence and more jobs, buyers will be more willing to get off the fence and take advantage of the current, low interest rates.

Once prices begin to increase, so will interest rates. One must take the time to calculate the savings monthly, as compared to the interest rate and the sales price.

For more information on Idaho real estate and buying homes in the Boise, Nampa area, contact Accredited Buyer Representative, Don Wixom, Realtor of RE/MAX Executives in Nampa, Idaho.

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Don Wixom
RE/MAX Executives
16201 Idaho Center Blvd.
Nampa, ID 83687
Direct: (208) 880-5039
Office: (208) 466-0002
Fax: (208) 466-2227
Email:
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Realtor, ABR, CRS, GRI,
e-Pro Internet Professional

Quality Service Certified®

2000 "Realtor of the Year"

What my clients say

"Thank you Don for your considerate and professional help on selling our house. Your informative correspondance we recieved before deciding to list it, got you the house, and your continued contact to let us know what efforts were being made to advertise and show the house were greatly appreciated. Showing mutual respect, we feel like we have made a new friend!"
~ Bill and Sharrel Cash, satisfied sellers

"Thank you so much for all of your efforts, patience, perseverance and professional behavior through the ordeal of selling our house. The way you dedicated yourself to your work and to our needs truly showed your eagerness and ability to help. Thank you again."
~ Jan Byers, satisfied seller

"Just wanted you to know that we really appreciate how smoothly the sale of our home went. It really could not have worked out any better. The wide marketing of our home you initiated really paid off. Thank you for a terrific experience. You have our highest recommendations, and we'll be more than happy to pass it along. God Bless!"
~ John and Jeanie Mowery, satisfied sellers

"We cannot thank you enough for your time and patience in finding our new home. There's no way we could've done it without you! You made all our dreams come true and we will always hold you dear for that."
~ Meguel and Kris Escutia, satisfied buyers

"Thanks to Don Wixom, we have been enjoying our new home for six months now. Don as the realtor selling our house worked very hard for us. He helped us through all the complex paperwork involved in making offers, getting a loan, etc. Don paid attention to detail and kept us well informed about how things were going. When things needed to be done, Don was readily available, seeing us through a home inspection, even crawling under the house in the dirt and cobwebs when we asked him to. Don was always only a phone call away. We still remember his phone number, we called him so much! Don has a wealth of experience and resources to offer. We would definitely recommend him to anyone wanting to buy or sell real estate."
~Scott and Naomi Watson, satisfied buyers

"We were long distance buyers. We had been through some major life changes in 2005 and had first contacted Don Wixom in August of 2006. He stood by us 2 1/2 years showing us houses, driving out to houses and emailing us pictures when we were unable to go ourselves, never knowing if he actually would have gotten a sale from us and he never complained or pressured us once.
He always treated us with great respect as if we were his only customer. Don has done more for us than we would have done for ourselves. He gave us great advice. He was always learning what it was that we were looking for. As our needs changed midway through our searching he adjusted to them.
His website allowed us to search the multiple listing service without addresses and phone numbers needing to be given. He would always check into and answer our questions and requests.
When buying or selling in Idaho we would never consider anyone but Don Wixom. He stayed with us for the long haul and we will stay with him."
Steve and Jean McBee, Buyers Nampa

"Thanks Don, for the link to IDX app for iPhone. Works great! All the information I need right at my finger tips! Thanks for always leading from the front!"
Ernie Garza, Buyer

Treasure Valley Idaho Home Prices - A 9-Year History

Where have Home Prices in the Boise Valley been and where are they going?