• August Market Report- What’s Around the Corner?

    Single family home sales in August 2014 were 737 in Ada County, a decrease of 12% compared to July 2013. YTD total sales are down 4% compared to this time last year; 5,265 homes sold compared to 5,508.

    In August, sales of homes priced above $160,000 showed increases in every price category. The reason our overall sales are down is because sales of homes in the five categories priced below $159,999 are down anywhere from 15% ($120,000 to $159,999) to 200% (70,000 to $89,999).

    August Market Report- What’s Around the Corner?
  • How to Make the Best Purchase Offer in a Seller’s Market

    You’ve worked with a Realtor® to scour the listings, toured what feels like a million houses and finally found it: the house you want to call home. The next step is to make your purchase offer, and if you are like most people, the prospect can be quite intimidating. In a seller’s market, there can be even more pressure on the buyer to submit an impressive bid. So how can you make sure that the offer you submit is the one that is accepted?

    “In a seller’s market, home prices are a bit higher and inventory is lower,” said Dave Ferguson, Ada County Association of REALTORS President. “This means you are more likely competing with multiple bidders. In a competitive market like this, sellers need every advantage they can get, and working with a Realtor® to make the best purchase offer is a smart move.” And, believe it or not, the bid with the highest price is not always the one that wins.

    How to Make the Best Purchase Offer in a Seller’s Market
  • It Pays to take your Education at ACAR

    Accredited Buyer Representation Designation Core Course Accredited Buyer’s Representatives (ABR®) stand for the benchmark of excellence in buyer representation. What’s their key to success? They know that you can’t count on the market – you have to count on your skills. ABR® education provides the expertise you need for an edge in serving today’s home buyers.… [Continue Reading]

    It Pays to take your Education at ACAR
  • Realtors Help Buyers Find Homes in Low Inventory Markets

    The start of the busy spring buying season means a growing number of Americans are on the hunt to purchase a home, but many could have trouble finding a home to buy. A new survey by the National Association of Realtors® reveals for the first time that difficulties finding the right property have surpassed challenges obtaining financing as the most cited reason clients are not purchasing homes.

    This finding speaks to the tightened inventory conditions seen in many areas of the country. There simply aren’t enough homes available to purchase — predominantly at the low end of the market, where first-time buyers are most likely to shop.

    Realtors Help Buyers Find Homes in Low Inventory Markets

Knowledge

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It Pays to take your Education at ACAR

Accredited Buyer Representation Designation Core Course Accredited Buyer’s Representatives (ABR®) stand for the benchmark of excellence in buyer representation. What’s their key to success? They know that you can’t count on the market – you have to count on your skills. ABR® education provides the expertise you need for an edge in serving today’s home buyers. [...]

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Market Info & Tools

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August Market Report- What’s Around the Corner?

Single family home sales in August 2014 were 737 in Ada County, a decrease of 12% compared to July 2013. YTD total sales are down 4% compared to this time last year; 5,265 homes sold compared to 5,508.

In August, sales of homes priced above $160,000 showed increases in every price category. The reason our overall sales are down is because sales of homes in the five categories priced below $159,999 are down anywhere from 15% ($120,000 to $159,999) to 200% (70,000 to $89,999).

More Market Info

News & Advocacy

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How to Make the Best Purchase Offer in a Seller’s Market

You’ve worked with a Realtor® to scour the listings, toured what feels like a million houses and finally found it: the house you want to call home. The next step is to make your purchase offer, and if you are like most people, the prospect can be quite intimidating. In a seller’s market, there can be even more pressure on the buyer to submit an impressive bid. So how can you make sure that the offer you submit is the one that is accepted?

“In a seller’s market, home prices are a bit higher and inventory is lower,” said Dave Ferguson, Ada County Association of REALTORS President. “This means you are more likely competing with multiple bidders. In a competitive market like this, sellers need every advantage they can get, and working with a Realtor® to make the best purchase offer is a smart move.” And, believe it or not, the bid with the highest price is not always the one that wins.

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