Idaho, once a beacon of affordable living and a magnet for those seeking a slice of the American West, is currently experiencing a significant shift in its real estate landscape. The confluence of rising interest rates and a median hourly income that hasn’t kept pace has created a challenging environment for both buyers and sellers. … Continued
The Idaho Senate passed Senate Bill 1042aa, which limits application fees landlords can charge prospective tenants. Co-sponsored by Sen. Ali Rabe, the bill aims to enhance rental affordability and prevent exploitation by landlords. It restricts landlords to charging fees for only two applicants at a time and only for available units. Additionally, landlords must complete … Continued
Start house hunting in January to benefit from lower prices and reduced buyer competition. Hire a local Real Estate agent with expertise in undervalued properties and market trends.
Who Qualifies as a First-Time Buyer? – No homeownership in past 3 years – Returning buyers eligible – Broader definition of “first-time buyer Federal Assistance Programs: – FHA: 3.5% down payment – USDA: No down payment, full financing – VA: No down payment, no mortgage insurance
The U.S. housing market is entering 2025 with renewed activity after a subdued 2023 and signs of recovery in 2024. Home prices have risen 6.3% year-over-year, despite high mortgage rates, while home sales increased by 10.8% in December 2024 compared to the previous year. The Northeast and California are experiencing the hottest markets, with Connecticut … Continued
Specify mortgage details, interest rates, and loan types to avoid issues with earnest money deposits. Want seller assistance with closing costs? You must ask for it in your offer!
Robert and Emily are personal finance experts who contribute to Newsweek. They discuss the possibility of buying a house with bad credit, explaining that while it's possible, it can be complicated. They provide tips for improving credit and mortgage approval odds, as well as information on different types of mortgages available for those with bad … Continued
Rent in Idaho is projected to increase by 20.3% this year, significantly higher than the national average of 4.8%. A Boise State study reveals over 70% of renters are concerned about affording rent. A proposed bill in the Idaho Legislature aims to regulate application fees, allowing only two households to be charged at a time, … Continued
The Expertise of George Tallabas Idaho’s commercial real estate market is booming, presenting exciting opportunities for investors. But navigating this dynamic landscape requires expertise and a keen understanding of property valuation. That’s where George Tallabas comes in. A seasoned real estate professional with decades of experience, George Tallabas has established himself as a trusted authority … Continued