Hi Everyone.
It's been a bit since I posted. Sorry about that. There has been so much talk about the flagging real estate market all across the country and even a derogatory article in the Statesman a couple of weeks ago. I run the numbers and I run them a lot. There is truth to some of this but not all. Firstly, everything over the $300K mark is subject to a sluggish market and heavy inventory. There is a lean towards a buyers market in the luxury home department and therefore it's a great time to purchase in the upper end. Under $300K and especially under $240K the inventory shrinks significantly. Boise's under $240K market is under 3 months. That is excellent. Not only that but if you price your home aggressively, it will sell in a week or three. I am seeing this in the valley and it is a sure fire way to get your home sold.
all for now.
Tuesday, May 29, 2007
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