Are We About to See a New Wave of Foreclosures?

by MyHomeIdaho | Mar 20, 2020 | For Buyers, For Sellers, Foreclosures, Housing Market Updates

With all of the havoc being caused by COVID-19, many are concerned we may see a new wave of foreclosures. Restaurants, airlines, hotels, and many other industries are furloughing workers or dramatically cutting their hours. Without a job, many homeowners are wondering...

Three Reasons Why This Is Not a Housing Crisis

by MyHomeIdaho | Mar 19, 2020 | For Buyers, For Sellers, Housing Market Updates

In times of uncertainty, one of the best things we can do to ease our fears is to educate ourselves with research, facts, and data. Digging into past experiences by reviewing historical trends and understanding the peaks and valleys of what’s come before us is...

5 Simple Graphs Proving This Is NOT Like the Last Time

by MyHomeIdaho | Mar 17, 2020 | For Buyers, For Sellers, Pricing

With all of the volatility in the stock market and uncertainty about the Coronavirus (COVID-19), some are concerned we may be headed for another housing crash like the one we experienced from 2006-2008. The feeling is understandable. Ali Wolf, Director of Economic...

Equity Gain Growing in Nearly Every State

by MyHomeIdaho | Mar 11, 2020 | For Buyers, For Sellers, Move-Up Buyers, Pricing

Rising home prices have been in the news a lot lately, and much of the focus is on whether they’re accelerating too quickly and how sustainable the growth in prices really is. One of the often-overlooked benefits of rising prices, however, is the impact they...

New Homes Coming to the Housing Market This Year

by MyHomeIdaho | Mar 10, 2020 | For Buyers, For Sellers, Housing Market Updates, New Construction

The number of building permits issued for single-family homes is the best indicator of how many newly built homes will begin to come to market over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing &...

The Difference an Hour Makes [INFOGRAPHIC]

by MyHomeIdaho | Mar 7, 2020 | For Buyers, For Sellers, Infographics

Some Highlights: Don’t forget to set your clocks forward this Sunday, March 8 at 2:00 AM EST in observance of Daylight Saving Time, unless you’re a resident of Arizona or Hawaii! Every hour in the United States, 568 homes are sold and median home...