Thinking of Selling Your Home? Why You Need A Pro in Your Corner

by MyHomeIdaho | Apr 25, 2018 | For Sellers, FSBOs, Move-Up Buyers |

With home prices on the rise and buyer demand strong, some sellers may be tempted to try and sell their homes on their own (FSBO) without using the services of a real estate professional. Real estate agents are trained and experienced in negotiation and, in most...

Is Family Mortgage Debt Out of Control?

by MyHomeIdaho | Apr 20, 2018 | First Time Home Buyers, For Buyers, For Sellers, Interest Rates, Move-Up Buyers |

Some homeowners have recently done a “cash out” refinance and have taken a portion of their increased equity from their house. Others have sold their homes and purchased more expensive homes with larger mortgages. At the same time, first-time buyers have become...

How Much Do You Need to Make to Buy a Home in Your State?

by MyHomeIdaho | Apr 19, 2018 | First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers |

It’s no mystery that cost of living varies drastically depending on where you live, so a new study by GOBankingRates set out to find out what minimum salary you would need to make in order to buy a median-priced home in each of the 50 states, and Washington, D.C....

Rising Prices Help You Build Your Family’s Wealth

by MyHomeIdaho | Apr 18, 2018 | First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers |

Over the next five years, home prices are expected to appreciate, on average, by 3.6% per year and to grow by 18.2% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So, what does this mean for homeowners and their equity position? As...

A Tale of Two Markets [INFOGRAPHIC]

by MyHomeIdaho | Apr 14, 2018 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Move-Up Buyers |

  Some Highlights: A trend that has been emerging for some time now is the contrast between inventory & demand in the Premium & Luxury Markets vs. the Starter & Trade-Up Home Markets and what that’s, in turn, doing to prices! Inventory continues to rise...

The COST of Your Next Home Will Be LESS Than Your Parents’ Home Was

by MyHomeIdaho | Apr 13, 2018 | First Time Home Buyers, For Buyers, For Sellers, Interest Rates, Move-Up Buyers |

There is no doubt that the price of a home in most regions of the country is greater now than at any time in history. However, when we look at the cost of a home, it is cheaper to own today than it has been historically. The Difference Between PRICE and COST The price...