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Kasey Boles

Kasey Boles
Associate Broker
Jon Gosche Real Estate
(208) 830-6186
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Boise Homes For Sale Blog
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The beginning of another blog about Boise Homes for Sale (but this one is the best!)

So, I sat around for a few hours trying to figure out what my first post should be.  I jotted some notes down about what a great site BuildingCredibility.com is (well, it is!) and about how I was happy to be blogging on the site (well, I am!).  But, it all sounded so cliche.  I scrapped that and decided to just start writing.  And here I am, beginning the post with the very professional word "So," and continuing the post with as many ever so impressive grammatically rich phrases and paranthetical interjections as possible (well, it's true!).  Anyway, this blog isn't about grammar, thank goodness.  It's about Boise and it's about Real Estate and it's about homes for sale in Boise.  Come back and join me as we watch the changing market and discuss Boise Homes for Sale.

Posted by Kasey Boles at 10/2/2007 10:57 AM Permalink | Trackback
Comments (2)
Re:Boise Homes For Sale Blog
The last three years, prior to this one was an investor driven real estate market. When Postal workers from LA were buying rental property in Boise I knew the top was near! Recently I was told one builder has 500 homes on the market in the Boise area. For someone moving to the Boise area there may never have been or ever will be a better time to buy a home to live in. The next phase in the cycle if it follows history is that rents will rise. There are lots of great buys. We might not be at the bottom of the prices, but just like the stock market that took off and went up several hundred points last week, that is how real estate works too. Someday the cycle will begin again. Boise is still one of the best places to live in the country with one of the best economies. It is going to take of again, probably sooner than we realize.
Posted by gosche on 10/3/2007 11:34 AM
Re:Boise Homes For Sale Blog
I think the one thing that "bottom fishers" are overlooking, in their quest to wait for a bottom in home prices in this correction, is interest rates. Rates have been as low as the home prices have been high. If they are going to have to borrow money to buy these "great deals" that are coming, there is nothing at all to suggest that they might not have to pay 8% or 9% or 10% for a loan. It is entirely possible that this is the best time for a "home price/ interest rate" combination. Long term rates could well heat up in the current economic environment, and in fact, appear to be doing just that. Waiting for one advantage could cause one to lose another.
Posted by idahoranch on 2/28/2008 12:27 AM
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