Homes Are More Affordable Today, Not Less Affordable

by MyHomeIdaho | Jan 16, 2020 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing

There’s a current narrative that owning a home today is less affordable than it has been in the past. The reason some are making this claim is because house prices have substantially increased over the last several years. It’s not, however, just the price...

2020 Luxury Market Forecast

by MyHomeIdaho | Jan 15, 2020 | For Buyers, Luxury Market, Move-Up Buyers

By the end of last year, many homeowners found themselves with more equity than they realized, and at the same time their wages were increasing. When those two factors unite, it can spark homeowners to think about making a move to a larger or more expensive home in...

There’s a Long Line of Buyers Waiting for Your House

by MyHomeIdaho | Jan 10, 2020 | For Sellers, Move-Up Buyers

If you’re following what’s happening in the housing market right now, you know that many people believe the winter months aren’t a good time to sell a home. As realtor.com Senior Economist George Ratiu recently noted, “Sellers tend to be more...

Big Demand for Small Homes

by MyHomeIdaho | Jan 8, 2020 | First Time Home Buyers, For Buyers, Move-Up Buyers

Movies, tv shows, and celebrities often have us dreaming of owning large homes, but the reality for most people is quite different. Since 2015, the square footage of newly built houses has been shrinking, according to Yahoo Finances. This is not projected to change as...

Top Renovations for Maximum ROI [INFOGRAPHIC]

by MyHomeIdaho | Jan 4, 2020 | For Sellers, Infographics, Move-Up Buyers

Some Highlights: If you’re planning on selling your house in 2020, these are the top renovations that will give you the highest Return on your Investment. Regardless of how long you’re planning on staying in your current home, it’s smart to be aware of which home...

Why You Shouldn’t “For Sale By Owner”

by MyHomeIdaho | Dec 31, 2019 | For Sellers, FSBOs, Move-Up Buyers

Rising home prices coupled with the current inventory in today’s market may cause some homeowners to consider selling their homes on their own (known in the industry as a For Sale By Owner). However, a FSBO might be hard to execute well for the vast majority of...