4 Reasons to Sell Your House This Winter [INFOGRAPHIC]

by MyHomeIdaho | Dec 15, 2018 | For Sellers, Infographics, Move-Up Buyers

Some Highlights: Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one another for the few listings that are available! Housing inventory is still under the 6-month supply needed to sustain a normal housing...

How to Simply Increase Your Family Wealth by Paying for Housing

by MyHomeIdaho | Dec 12, 2018 | First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers

Everyone should realize that unless you are living somewhere rent-free, you are paying a mortgage – either yours or your landlord’s. Buying your own home provides you with a form of ‘forced savings’ that allows you to use your monthly housing costs to increase your...

The Tale of Two Markets [INFOGRAPHIC]

by MyHomeIdaho | Dec 8, 2018 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Move-Up Buyers

Some Highlights: An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices! Inventory continues to...

2008 vs. Now: Are Owners Using Their Homes as ATMs Again?

by MyHomeIdaho | Dec 7, 2018 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers

Over the last six years, we have experienced strong price appreciation which has increased home equity levels dramatically. As the number of “cash-out” refinances begins to approach numbers last seen during the crash, some are afraid that we may be repeating last...

Home Prices Up 6.34% Across the Country! [INFOGRAPHIC]

by MyHomeIdaho | Dec 1, 2018 | First Time Home Buyers, For Buyers, For Sellers, Infographics, Move-Up Buyers, Pricing

Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating to another state,...

Further Proof It’s NOT 2008 All Over Again

by MyHomeIdaho | Nov 30, 2018 | For Buyers, For Sellers, Housing Market Updates

Home sales numbers are leveling off, the rate of price appreciation has slowed to more historically normal averages, and inventory is finally increasing. We are headed into a more normal housing market. However, some are seeing these adjustments as red flags and are...