Welcome to the AllIdahoFallsRealEstate.com Blog

2019-08-12 16:15:23
Update From July's Market and What's Coming in Idaho Falls



 
We are starting to see the pressures of the market shift in several different areas; Low inventory,  Increasing home values/prices and affordability, and interest rates.
 
 


Homes are still selling and selling quickly and buyers and sellers are still experiencing multiple offer situations due to low inventory. This is continuing to drive up home prices in our area. We are currently in a seller's market, however, more and more people are becoming concerned with selling their homes because they have to buy in the same market and it has become difficult to find a new home with inventory shortages.





 New construction has exploded within the last year which is providing more options in the low inventory market and yet the builders are also having a hard time keeping up with demand. Very few of the builders, if any, have spec homes at this time and if you decide to build, folks are looking at almost six months out  to completion. The price to build a new home has also gone up considerably with in the last couple of years.






Interest rates have been holding strong and staying low which has been very helpful to borrowers in our current market. Rumors are that the FEDs will be increasing them again this year. If interest rates rise, this may help inventory increase but would come with a price of affecting the affordability of homes to buyers. It will be interesting to see how interest rates will affect our market in the upcoming year.


We are still seeing great movement in the market due to low interest rates but what will happen if interest rates rise again? Whether, folks are looking to purchase their first home, sell their home, downsize or upgrade, our current market is presenting some challenges for them and we are here to help you navigate it all so you can come out on top! 
 
 
Blog Archive
2020-02-20 14:52:08
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Take a look at The #1 Move In State!!

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Do you think Gender plays a role when investing in Idaho Falls?

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Should You Sell Your Idaho Falls House This Year?

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First-Time Idaho Falls Buyers Are Searching for Existing Homes This Year

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Idaho Falls Buyers Can Win By Downsizing in 2020

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The 2 Surprising Things Idaho Falls Homebuyers Really Want

2020-01-16 09:58:32
Housing Inventory Vanishing: What Is the Impact on You in Idaho Falls?

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2020 Luxury Market in Idaho Falls

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Your Hometown Lowdown: True Love Skincare with Tricia Barnes

2020-01-09 11:37:27
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2020-01-08 12:45:47
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2020-01-07 22:20:44
Big Demand for Small Homes Coming to Idaho Falls?

2019-12-30 16:20:16
For Sale By Owner? Give us a Call first!

2019-12-18 15:27:01
The Biggest Issue Facing Housing Next Year in Idaho Falls

2019-12-10 09:53:05
What difference Does a Year Make in Idaho Falls?

2019-12-09 20:37:52
Have You Budgeted for Idaho Falls Closing Costs?

2019-12-04 10:45:51
Is A Bigger Idaho Falls House Within Your Budget?

2019-12-03 14:58:29
Winter Sales in Idaho Falls

2019-11-27 14:19:24
Tips to Sell Your Home Faster in Idaho Falls

2019-11-26 10:04:11
Owning Your Own Idaho Falls Home

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