Boise Real Estate Blog

The Perfect Storm for First Time Home Buyers

There are four conditions that make this a perfect time for First Time Home Buyers. 

 

1.  Market conditions have never been better in Treasure Valley.  Inventories of homes to purchase are high and there are lots of homes to choose from.  When inventories were at the peak, interest rate and prices weren’t this low.  As of this week, there are 7131 homes for sale in Ada and Canyon Counties combined. 

2.  First time buyers will receive a tax credit of $8,000 from the stimulus act if they purchase before December 31^st, 2009.  That’s an $8,000 credit whether they owe taxes or not and they will receive the stimulus money refund after they file their 2009 taxes. 

 

3.  Interest rates are at a 29 year low right now.  Idaho Housing if offering 4.9% purchase money and for those buyers with above a 700 FICO score, they will even loan the down payment at 5.9%. 

 

4.  Prices are now at a 5 year low and we believe that the influence of the first time home buyers will reduce the inventory of entry level homes quickly.  A change in any of these four factors will take this perfect opportunity away from first time home buyers.  Act Now!

 

   208-472-8600 Call us today!

1st Time Homebuyer's Seminar!

  Who do you know who’s ready to buy their first home? If it’s not you, forward this email to them & have them sign up for a “FREE – Absolutely NO OBLIGATION – Seminar” that’s specifically designed to give the best information available for 1^st time homebuyers! 

Nothing’s for FREE! What’s with the FREE?

Purchasing a home is a BIG decision! I made 2 BIG decisions about what to do with my money without even knowing exactly what I was doing. By the time I purchased the home I’m in now, I realized I was a closeted Realtor! Buying your First Home can be an emotional time for some people. There’s a lot of excitement surrounding your first home. I make it my #1 priority to be a great source of information for family, friends & even strangers on all the in’s and out’s of Real Estate. We have been living in a time of ‘excess’ and now we will be shifting gears into a time of ‘personal responsibility for our actions’. So why not make informed decisions? Come to the seminar on Weds. March 11^th & learn how to make the right decision for yourself & your family. We’ll talk about conventional real estate transactions, Short Sales & Forclosures. You don’t want to miss this! Sign up by emailing Kathie@IdahoAdvantage.com or call Kathie @ 208-559-2929.

• Names of those attending
• Phone #’s
• Email Addresses

WHEN:           March 25^th, 2009 @ 6pm – 7pm

WHERE:         Keller Williams Realty Boise

                     1065 S Allante Place

                     Boise, ID 83709

Google Map, click here

 

You will receive a book entitled:

Your First Home – The Proven Path to Home Ownership – FREE!

                               Kathie O'Connor, Realtor

Advantage Real Estate Team, Keller Williams Realty Boise

 

 

Advantage Real Estate Team, Keller Williams Realty Boise

 

Advantage Real Estate Team, Keller Williams Realty Boise