The Real Estate market here in the Treasure Valley has been like a day floating the Boise River, half of the people are excited for their chance to get on while the other half are worn out and can’t wait for the ride to end. Such a wonderful place to work and live we hope that now and in the future more people are getting ready take that float and enjoy it all the way. Right now our housing inventory is low as of now and that has caused many homes on the market to attract multiple offers. Multiple offers are creating sales prices above te asking price which in turn is helping values in some sectors to increase. Whether is be Equity sales, REO /Bank Owned and yes even Short Sales are getting lots of attention from eager buyer’s wanting to take advantage of all-time low interest rates and a housing market that is truly trying to flatten out. Many people are jumping around excited to see that the housing crash may be coming to an end and while that is hopeful and good news there are still many homeowners struggling to keep their home. Financial hardship is caused by job loss, divorce, medical bills etc. but lost sometimes is the fact that many people are still 20-70 percent upside down in value on their home. For example the question remains the same, if you owe $250,000 on your home but the value today is $150,000 when will your home be back to value when purchased? Is it going to be 5-10 years or 10-20 years from now no one knows but it is pretty clear that we won’t see that surge in home values in our lifetime again. As some good things appear to changing I wouldn’t get my hopes up for values to climb back up too high we are still in recovery. If you have questions about how I may be able to help you make a gracious exit from your housing financial hardship please fell free to call me direct 208-353-7131 or josh@homeswithjosh.com
It’s never too late to start over- And it’s never too late to begin






