Navigating Boise’s Low Inventory MarketPosted by Kevin Hughes on Monday, July 23rd, 2012 at 4:47pm.
For a variety of reasons, Boise housing inventory is just a fraction of what it normally is. This is mostly due to the fact that a majority of homeowners owe more than their house is worth and can’t sell even if they want to because their home values declined considerably. With the inventory lower than it has been in years, there are hosts of new intricacies affecting new homes sale that you and your realtor will need to be aware of to make a great home buying and selling decision today.
The Boise Home Buyers Part
As you look for new homes sale in the Treasure Valley, you have to understand that low inventory and high demand usually create an advantage for the seller. You can combat this, but you should know you’re in for a bit of a battle. Houses are selling very quickly, and it can be unnerving to move quickly, but it is the reality--homes are not staying on the market very long. To have this quick-buying confidence, you will want to know exactly what you are looking for and be pre-qualified for a mortgage. This will help your realtor be able to do the best job for you.
Buyidahorealestate.com and your Realtor
The innovative website from Idaho’s ten-year leading internet real estate presence gives you the upper hand as an Idaho home buyer. Their search engine allows you to find new homes sale properties that just hit the market today, filtered according to your specifications. The full MLS gives you important facts on each home. Your technology-focused Hughes Group Realtor will work with you to show you the very best homes just as they enter the market. You will be on your way looking at the property before anyone else even knows it’s available. Then, if it comes down to a bidding war, as it can in some price ranges, your Hughes Group agent will do everything possible to get you into the home you want. They even write letters recommending their clients to sellers, anything to give their client an edge.
Build New Idaho Homes
If you’d prefer to get the exact new homes sale you want without competing for it, building new can be a wonderful option in this low inventory market. It’s possible even to build a new home for close to the price of buying an existing home. There are many builders in Boise that would love to walk you through every step of the process. Your agent will be able to be a great intermediary between the builder and the buyer, helping you get exactly what you want: from flooring to lighting and everywhere in between.
Don’t forget all your options for today’s new homes sale. You can buy new or you can find an existing home with some work. It will be worth your while. You should be able to get good value from selling your home, and by navigating carefully the low inventory market, this can be an excellent time to buy.
Be the first to comment on this blog entry!