Boise Idaho Real Estate

Boise Real Estate Report

Thursday, May 14, 2009

Weak blogger now dedicated to my blogisphere!

I am guilty and from where the sun now stands I will blog like crazy forever.....
Well maybe for a while.

Now for the excuses, wine making, chukar hunting, remodeling rentals, soccer season, turkey hunting.... And of course work itself.

Over the course of the next few weeks I intend to add a little something about all of these items. Lets start with the Boise Idaho real estate market. Everyone get down on one knee and promise to buy a rental house this year. Or buy anew house and make your current house a rental. It seems as though we may have about hit bottom. The numbers and the statistics point that way. Forclosures are slowing, sales were up in April, rates are low and will probably remain there. If you still have a job and want a bigger house, this is not a bad time to try and play the real estate shell game. yes you have lost a lot of equity, but so has the one you want to buy. One result of the high numbers of short sales and forclosures is a lot of people who can not buy for two years. In Boise Idaho real estate lingo they are renters. While the rents in meridian are pretty stagnant, those in close in Boise seem to be climbing a little, or at the very least solid. So it may be a good option to rent out the home you are in and make the move to your new home, wait til the market comes back and sell the rental. Fha loans require only 3% down, so it is a pretty affordable way to buy a new piece of Boise Idaho real estate and possibly make something on your current home in a years time. give me a call if you have questions about home something like this might work for you.

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Mike Carr, Boise Idaho Real Estate Agent

Remax Real Estate Capitol City
Capitol City

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