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Wednesday, February 17, 2010

What Are You Doing Thursday Night?!

Stop on by on Ha'Penny Bridge Pub THIS Thursday, February 18th from 6-9pm for a concert fundraiser for the outstanding Sheridan Academy.

Two-time Grammy Nominee Rosalie Sorrels along with Gayle Chapman, Ben Burdick, and Bill Liles will perform.

There will be a silent auction as well. All proceeds benefit Sheridan, their programs, curriculae and a new music program. Tickets are $15.

Visit Sheridan's blog here or learn more at their website about this private, accredited school (that we think is the best education you're going to get for your dollar).

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Posted in Boise’s Best Real Estate by Leigh Wilson on Wednesday, February 17, 2010

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Monday, February 08, 2010

Boise: Diagnosis "Healthy"

Note we didn't say "perfect..."

Should have mentioned this in the post below, but our current housing inventory has approximately 6 months of inventory which according to the National Association of Realtors is considered a "healthy" market.

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Posted in Boise’s Best Real Estate by Ed Elam on Monday, February 08, 2010

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Wednesday, February 03, 2010

Most recent MLS Numbers a Mixed Bag

"What's the market like in Boise?" is a perennial question of home buyers and sellers.

Fortunately the MLS tracks homes sold, average price, days on market, and volume so we can contrast and compare without relying on anecdote. Take a look.


Some highlights:

Homes sales were back up in Ada County in 2009 after three years in decline.

Days on market dropped slightly between the first and fourth quarters probably due to the first-time home buyer tax credit.

Keeping in line with national trends, home prices dropped considerably and are now back at around 2004 levels, before the real estate boom. But the average home price of single family homes in Ada County is still around $194k.

It's worth nothing that 2009 was only the second year we have seen a reduction in average home price over the past 8 years. Right in the middle, we saw a huge, unnatural inflation of home prices and have enduring a serious market correction over the past two and a half years.

As we've posted before, if (you or) your folks have owned their home for years and years, they are in a unique situation to sell, actually make a profit and still find another house at a great price.

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Posted in Boise’s Best Real Estate by Ed Elam on Wednesday, February 03, 2010

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Tuesday, February 02, 2010

Four Years and Still Blogging

Couldn't believe it's actually been four years since we've been blogging, but here it is, our first post on January 24, 2006.

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Posted in Boise’s Best Real Estate by Ed Elam on Tuesday, February 02, 2010

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