Category Archives: finance

the new, the blue or the one you wore last

Borrowing a matriarchal saying – the new, the blue or the one you wore last – I challenge you to visit our local Boise spirit haunts after soaking in this article from the NY Times about inventing and reinventing the cocktail. There is something nostalgic about sporting your grandfather’s suit jacket or your great grandmother’s broach, pulling up a stool in a downtown lounge and sipping on a Moscow Mule or a Manhattan hoping to channel their wise of living through such a deep recession.


House Price Indicator Interactive from The Economist

The Economist just launched, an interactive graphic of The Economist’s house-price indicators. View house price trends from… Interactive House-Price Graph


sell / rent / buy

It’s always one of these, in terms of ‘what kind of market’ it is depending on who you talk to, should I sell, rent, buy–I’m so confused!! One thing is very clear this year, if you have saved your pennies, you have a good job and would like to quit paying your landlord’s mortgage so you can be the one the reap the benefits of property ownership, THIS IS YOUR YEAR. Take a look at a writer for the Wall Street Journal, June Fletcher, reasons to Buy or Not to buy and decide for yourself.
Tina


Credit Crisis 2008 Summary from NAR

The past couple of months I’ve been observing lawmakers and how they are deciding to intervene in the Nation’s current credit crisis. Now that the Emergency Economic Stabilization Act of 2008 has past, explanation to the people is needed.
I’ve received calls from clients wondering how this effects their current real estate transaction, if at all, and how is the Act going to directly assist them in staying in their home.
The National Association of Realtors has posted a summary of how it pertains to the buying and selling of real estate.


Interesting!

Closed Sales for March 2008 only down 5% compared to 2007.

With all the doom and gloom press, it’s difficult for Buyers and Sellers to realize that we can and will make it through this housing price adjustment.

If you have any questions about Boise area market statistics, you know where to find me.


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