The Idaho Real Estate Scoop

FREE Idaho Foreclosures List~Almost 400 Properties!

I just posted three new Idaho Forclosures/Bank Owned lists on the Foreclosure/Bank Owned page of DreamHomesinIdaho.com. 

CLICK HERE TO GO TO THE IDAHO FORECLOSURE PAGE AND REGISTER FOR YOUR FREE LIST  

These cover Ada and Canyon County homes, as well as Residential -Income properties.  Combined there are almost 400 properties ranging in price from $32,000 for a starter home in Caldwell, up to a $1.5 Million Estate in Eagle and EVERYTHING in between!  If you are looking to buy a home or investment property, you are sure to find something you would be interested in. 

If you are unfamiliar with buying Idaho Forclosure/Bank Owned homes, read my Idaho Foreclosure/Bank Owned articles.  I cover the different types of foreclosure listings (pre-foreclosure, short sales, bank owned etc....) and help you decide which might be the best option for you. 

If you would like a customized list, that would include photographs, live links to the MLS, and only the homes that fit your criteria, please call or text me at 208-921-4800.  This is another FREE service that I offer to buyers to help you get the best deal on your Idaho home purchase.   

Pam Pugmire

Bridgetower Real Estate

Idaho Short Sales~Common Questions

Because of our local economy, many people are being forced to consider a Short Sale on their home.  This brings up many questions because until very recently, short sales were something almost never heard of. 

In fact, did you know that Short Sales weren't even mentioned in the licensing courses a few years ago?  What does that mean for you?  That means that not every Real Estate Agent in the State of Idaho is trained to list, and sell your home as an Idaho Short Sale.  That's why you need an agent that specializes in Idaho Short Sales. 

In my on-going effort to educate the public about Idaho Short Sale, and let homeowners know what their options are, I am publishing a series of artciles titled Idaho Short Sale~Common Questions. 

What does selling my home as an Idaho Short Sale cost me? Nothing!  Yes, that's right, nothing.  All the fees associated with selling your home (real estate fees, closing costs, title insurance, etc...) are taken out of the proceeds of the sale of your home, before the remainder is paid to the bank.  There are no out-of-pocket costs to you as the seller. 

So, if worrying about how to come up with the funds to sell your home has been holding you back, OR, if you have been considering selling your home yourself to avoid these costs.......Give me a call!  I have taken extensive training on how to list and sell your home as a Short Sale.  Visit the Idaho Short Sale page of my website for more information. 

I will assist you in a confidential, empathetic, and non-judgemental way!  I know that good people everywhere are facing financial difficulties due to no fault of their own. 

If you have a property that needs to be sold as an Idaho Short Sale, fill out the listing request form.  I will get the needed paperwork right out to you. 

Idaho Short Sale Listing Request Form

Please feel free to call me with any additional questions. 

Pam Pugmire

Bridgetower Real Estate

208-921-4800

Idaho Short Sales help

The Idaho housing market has picked up recently~Great News, right?  While it is good news, it's still not enough to help many people.  You see.....the market has picked-up, but prices are still way down from 2005-2006 levels.  There are still MANY homeowners that OWE more than their homes could sell for in today's market. 

If you must sell your home, you only have 2 options.....

• A. Bring a TON of cash to the closing table (yeah right! ) or 
• B. Do a Short Sale on your home. 

What is an Idaho Short Sale?  In a nutshell, a Short Sale is where the Bank, agrees to accept LESS than what is owed, as payment in full. 

Who is eligible for an Idaho Short Sale?   Anyone can ask their lienholder to approve a "short" payoff for their home.    Whether your lienholder will approve the short sale will depend on your financial situation and your agent's ability to negotiate wth the banks.  Each situation is different, and each lender has a different criteria for short sales.  It's always better to ask, and take action quickly!  Call if you have any questions!  208-921-4800. 

I am here to help you sell your home as quickly as possible!  I will handle your listing in a professional, confidential and non-judgemental way.  I realize that these tough economic times are affecting good people. 

If you have an Idaho property that your are considering listing as a short sale, fill out the form below and I will get the listing packet right out to you. 

Click here to go to the Short Sale Listing Request Form

Steel Creek Construction-Idaho New Construction homes

Specializing in Boise Idaho New Construction has given me the opportunity to see lots of builders come and go; and believe me, I have seen the The Good, The Bad, and yes, even The Ugly!  Now, while The Bad and The Ugly can be amusing to discuss (filed under "What were they thinking?") it really isn't appropriate for this venue. 

Right now, however, I would like to talk about Steel Creek Construction, which is not just one of "The Good" category, but in my humble opinion, is one of "The Best"! 

Jim and Angie Kemmsies, owners of Steel Creek Construction, have been involved in the building industry for the last 20 years.  Their experience ranges from residential remodels, to finish work on million-dollar homes, to general contracting model homes and custom building projects. 

Why is a wide range of building experience important in a builder?  Because a builder needs to understand the complete building process, not just one aspect that they have personal expertise in.  Case in point:  I have been in a home built by a plumber where the plumbing fixtures were great, but the design aesthtic was lacking.  I have also been in a home built by a finish carpenter, that looked good on the surface, but structurally had design flaws.  With Steel Creek Construction, you have the complete package! Jim and Angie undertand how to make the home structurally sound, and visually appealing at the same time! 

They literally build each home with the same attention to detail, and committment to quality that they put into their own home! 

But don't just take my word for it.  See what Steel Creek's customers are saying 

              Steel Creek's testimonials

              Steel Creek's testimonials

               Steel Creek's testimonials

See the Steel Creek Virtual Tour!

If you are interested in finding out what Steel Creek Construction can do for you, call me at 208-921-4800

Pam Pugmire

Meridian Realtor interviewed by BuildIdaho.com

I had the pleasure of being interviewed today by Trey Langford of BuildIdaho.com. 

We discussed some of the positive sides of Bank-owned/Short Sale transactions, but also the possible pitfalls. 

Because of the possible pitfalls, a new construction house may be the best bet for you! 

Listen to this quick interview to see why! 

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So....how's the housing market in the Boise Idaho area? April 2009 Housing Market Reports

  How's business? 

As a REALTOR in Boise Idaho, this is a question I've been getting a lot.  Many people are hearing that the housing market has picked-up lately, and it's great that some good news is getting around! 

So, what are the signs that our RE market is improving?

• Decrease in Foreclosure Starts  Some of the best news lately was reported in the Idaho Business Review. " After three months of constant record-breaking in foreclosure starts, April finally bucked the trend. April's 712 foreclosure starts made for a 10.4 percent decrease from March in Ada and Canyon counties, according to Charlie Nate, president of IdahoDataProviders.com.  Nate said in a release. "This is definitely a good sign that we did not see another record in April, but the 712 filings are still the third highest month in history for the Treasure Valley.""  We are not out of the woods with Foreclosures, but this is a step in the right direction. 
• Decrease in Absorption Rates  An absorption rate is a measure of how many month's inventory of homes are on the market.  Anything under 6 months is considered a seller's market, and anything over 6 months is considered a buyer's market.  Being around 6 months inventory is considered to be a balanced market.  The average absorption rate for the Boise area was 12.485 months in March.  That number decreased to 11.292 months in April. 
• Idaho job market appears to have stabilized   The Idaho Business Review says "Possibly showing an early sign of better economic times to come, Idaho's job market appeared to stabilize in April even as the national unemployment rate rose to a quarter-century high."  This is a good sign for the housing market, because without jobs, people cannot buy homes. 
• Home Sales up  Home sales in the greater Boise area were up 13.7% between March and April 2009. 
• Interest Rates remain low  Another bright spot in the housing market is the historically LOW interest rates we are seeing!  Rates for the last few months have been hovering around the 5% mark and even under! 

Now obviously, you can see that we aren't headed right back into the investing frenzy of 2005 (thank heavens).  There is however, at the very least, an end to the free fall of the market, and in many cases signs of positive growth. 

If you've been waiting for the bottom of the Idaho housing market, you may have found it!  It's a great time to buy a home in Boise.  As more and more buyers enter the market, the more competition there will be for the terrific deals, and the less sellers will be motivated to reduce prices. 

Give me a call today~I look forward to helping you find a great home at an unbeatable price! 

Click here to visit the Idaho Housing Market Report Blog

Search greater Boise area MLS

Pam Pugmire

call or text 208-921-4800

12271 Brunswick Nampa, Idaho

Short Sale~Unbeatable Buyer's Opportunity in Carriage Hill.  Nampa Short Sale! 

Check out the virtual tour of this Nampa Idaho home for sale! 

Gorgeous Carriage Hill home is only $275,000~down from $448,000!  WOW! 

4 bedrooms

3.5 baths

3671 sf

Great room, Bonus room, Den and Theater room! 

.23 acre lot

Beautiful Carriage Hill has Community Pool, Club House, Walking Paths, Park, and incredible views! 

See all the details of this great Nampa Short Sale here! 

Call or text for your personal showing today! 

Pam Pugmire

Bridgetower RE

208-921-4800 call or text

meridianrealtor@gmail.com 

March 2009 Boise Idaho housing market reports.

March 2009 Boise Idaho Metro Area market reports 

are now available on the Idaho Housing Market Reports Blog at

. 

My comprehensive reports include numbers of sales and active listings, Average sale price, Median sales price, and Absorption Rates.  I've also included year-over-year comparisons for units sold, average and median sales price. 

You will find monthly market reports for

Boise Idaho 

Meridian Idaho

Eagle Idaho

and Nampa Idaho

The great news is that the number of pending homes is almost DOUBLE that of the homes sold in March.  That tells us that April numbers will be high, and that the market is picking up!  Buy now while interest rates are low, and while market conditions are still in your favor. 

Feel free to call me with any questions about Idaho Real Estate.  I hope you find this information helpful in your Idaho Real Estate decisions. 

Pam Pugmire

Bridgetower Real Estate

208/921-4800

Free Idaho Foreclosures list! Over 500 homes!

I just posted two new Idaho Forclosures/Bank Owned lists.  These cover Ada and Canyon County homes.  Combined there are over 500 homes ranging in price from $32,000 for a starter home in Caldwell, up to a $1.75 Million Estate in Eagle and EVERYTHING in between!  If you are looking to buy a home, you are sure to find something you would be interested in. 

If you are unfamiliar with buying Idaho Forclosure/Bank Owned homes, read my Idaho Foreclosure/Bank Owned articles.  I cover the different types of foreclosure listings (pre-foreclosure, short sales, bank owned etc....) and help you decide which might be the best option for you. 

If you would like a customized list, that would include photographs, live links to the MLS, and only the homes that fit your criteria, please call or text me at 208-921-4800.  This is another FREE service that I offer to buyers to help you get the best deal on your Idaho home purchase.   

Pam Pugmire

Bridgetower Real Estate

Interest rates~Friday March 20,2009

As many of you are aware, interest rates had climbed slightly higher over the past month.  This week saw another dip, and rates as of yesterday were back below 5%.  This makes buying a home now even more appealing!  Couple these low rates with the first time homebuyer rebate of $8,000, and the terrific prices availble, and you've got yourself a picture perfect time to buy!!! 

Call or text me for a personalized list of available homes that meet your criteria! 

Pam Pugmire

208-921-4800

WoW, What a deal~East Boise Foreclosure listing!

Rare East Boise Foreclosure listing. 

5 bedroom

3 bath

2740 SF

Foothills East Subdivision

Updated and renovated. Great view of Tablerock and the valley. Peaceful, natural setting. Vaults, Granite, Two fireplaces!

This home sold for $417,500 in 2006.  NOW only  $269,900!!! 

To View this home, or other Boise Foreclosure listings, call

Pam Pugmire

Bridgetower Real Estate

208-921-4800

www.DreamHomesinIdaho.com

listing courtesy Re/Max Capital City

New Idaho Foreclosure Listings Report!

Just posted today on the Idaho Foreclosure page of www.DreamHomesinIdaho.com is a new, updated, FREE list! 

This list has 243 homes in Ada County alone. 

Make sure you register for this free list, and if you would like to tour any of these homes, feel free to give me a call!  Many times these homes can be toured same day. 

I look forward to talking to you soon! 

Pam Pugmire

Bridgetower Real Estate

208-921-4800

Interest Rates Today 2/13/09

Rates courtesy of
Dennise Sandquist
Christy Barnes-Jordan Team
(208) 863-4120
idahomortgagelending@yahoo.com 

Amazing Vaule~Idaho Foreclosure listing of the week!

In an effort to bring the most competitively priced properties to Idaho Real Estate buyers, I am posting a weekly post called Idaho Foreclosure listings of the week.

This week's property is a New~Never Occupied property in North West Meridian.

4625 W. Niemann, Meridian 83646

5 bedroom 3.5 baths 3 car garage 3500 aquare feet

Lots of room in this 2-story home. Slab granite. Enjoy the lg. great rm. w/cozy frplc., lg. guest bdrm. off the 3-car garage. Master closet so large you could park a car in it! This is a must see! All for the amazing price of only $266,000! That's only $76/square foot! Call me to see the interior TODAY, If you don't act quickly, someone else will!

Pam Pugmire

Bridgetower Real Estate

208-921-4800 call or text

Click Here to View Listings

Visit DreamHomesinIdaho.com for a free Idaho Foreclosure List. 

Listing courtesy ERA-West Wind Boise. All information deemed reliable but not guaranteed.

WOW, what a deal! Idaho Short Sale home of the week.