With such wonderful weather, we wanted to celebrate our Windermere Family with a couple parking lot BBQs!

This analysis of select Idaho real estate markets is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions.

Plenty of opportunities to learn about the Home Buying process: from information on mortgage programs, to closing costs, to home maintenance. Register here to attend the class that best fits your schedule!

Construction season has started! Click Here for information on the lane closures on I90, expected to impact traffic for the next 2 weeks. Please be careful on our roads and consider other routes during your commute!

Join us This Evening at Cosmic Cowboy Grill between 4-9pm! Order in, take it to-go, or order online and a portion of the proceeds will go toward our local chapter of the Windermere Foundation.

Knowing your home’s value is important in today’s Real Estate Market. Zillow can be a powerful tool, but here are some things to know before you lock your home in at the Zestimate price:

https://www.marketplace.org/2019/02/11/economy/what-know-you-check-your-zestimate

With all this snow and ice starting to melt from the warmer weather, this could mean leaks in your roof! For the short term, try putting a bucket under the bulge and poking a small hole in the center to help relieve the pressure. Your real estate agent may have referrals for help on getting the problem fixed at the source!

Just like our clocks this weekend, in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale has been holding back the market.

Many potential sellers believe that waiting until Spring is in their best interest. Traditionally, they would have been right.

Buyer demand has seasonality to it. Usually, this falls off in the winter months, especially in areas of the country impacted by arctic conditions.

That hasn’t happened this year.

Demand for housing has remained strong as mortgage rates have remained near historic lows. Even with an increase in rates forecasted for 2019, buyers are still able to lock in an affordable monthly payment. Buyers are increasingly jumping off the fence and into the market to secure a lower rate.

The National Association of Realtors (NAR) recently reported that in 2018 the top 10 dates sellers listed their homes all fell in April, May, or June.

Those who act quickly and list now, before a flood of increased competition, will benefit from additional exposure to buyers.

Bottom Line

If you are planning on selling your home in 2019, meet with a local real estate professional to evaluate the opportunities in your market.