Where is your market, Boise Idaho? IHFA free grants for first time buyers and RD loans for %100 financing.

Wow. It's been a while since I have posted here. I guess that means I have been busy. The state of the local market here is still sagging. The lower segments of the market are naturally performing strongest. In Ada County, the most transactions are under the $200K mark and in Canyon County it's less than $150K. It seems that most buyers are first timers or relocation's from out of state. Either way, it seems most don't have an existing home that they have to sell first. This is the stalemate. People who can't sell their current home obviously can't buy another. That coupled with the rise in foreclosures, which is also attributed to an over tapping of the market in the past few years. Some have said that we used up all the buyers for the next few years during that boom period. Financing is still available. For example, Rural Development (RD) loans are available for primary residences in Kuna, Star, and Middleton. They have a current interest rate of 6.06% and you can still do %100 financing. Also you can receive free grant money from Idaho Housing (www.idamortgage.com). For the other areas there are still IHA %100 financing options for people with good credit and some banks still have an in-house down payment assistance program, even though the AmeriDream program is ending in a few weeks. Contact me to get details and a no obligation consultation. Also, my services are always free for buyers.