Yes - that's the current market trend. Buyers can now purchase larger homes with more upgrades for the same amount of money when compared to purchases in the last 2 years here in Boise! It's definitely a good time to upgrade or to buy investment property - plus interest rates are in the 5.5% range. Homes are selling and the inventory is down from last fall (thank goodness).
100% financing is still available in the lower price ranges. Idaho Housing has funds available with down payment Grants. FHA has raised their maximum loan amount. Rural Development funds are an excellent source of financing in Kuna, and rural Canyon and Owyhee Counties.
There are some excellent opportunities available! Foreclosures and Short Sales are still a large part of our maket here in the Treasure Valley
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