The KEY to All Your Real Estate Needs |
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The fall season brings with it some favorite events and activities. Take a walk through the many color-filled parks throughout the Boise area. Or, stroll through the Botanical Gardens and vote on your favorite scarecrow. Looking for an evening out? Gather some friends and head over to the Witches Night Out fundraiser at The Village in Meridian.
Here's something new... interested in creating your own Halloween costume? Stop by JUMP's Halloween Costuming Class for inspiration, materials and creative guidance in making your costume.
The median sales price continues to decrease as inventories increase. And, while interest rates are no longer at historic lows, buyers are experiencing more favorable conditions.
And finally, check-out a recent, real-life client experience with the Home for Heroes program. If you, or you know a qualified HERO, looking to buy/sell a home, don't leave money on the table - contact me about the Homes for Heroes program. It truly is an awesome program.
Be well...
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August 2022 Market Report |
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Key Market Takeaways...
- The median sales price for homes in Ada County was $565,000 in August, down 4.2% from July but 6.6% higher than August 2021. In Canyon County the median sales price was $440,990 down less than 1% from July but 7.2% higher than August of 2021.
- Home prices in our market are driven by supply and demand. Sellers are responding to the changes in the demand for housing and adjusting their prices according. This has caused the median sales price in Ada County to come down from its peak of $602,250 in May.
- One factor contributing to lower sold prices is that buyers are typically paying less than list price. The average original list price received for existing homes in August was 94.0%, so on average, buyers paid less than asking through a lower accepted offer, price reductions, or seller concessions. In August 2021, the average original list price received was 99.8%, or just under asking.
- While interest rates still pose a challenge, other market conditions have continued to move the right way for buyers — slower price growth, more options, and more time to decide before submitting an offer. In terms of time, in Ada County homes that sold in August spent an average of 29 days on the market before having an accepted offer; a much more normal market time compared to the 14 days average in August 2021.
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JUMP's Wacky Wonders Halloween Costuming Class |
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If you’re looking for Halloween costume inspiration, crafting an unforgettable costume this year, or a few simple shortcuts to design, then look no further than the drop-in Halloween costume classes at JUMP in Downtown Boise. On Thursdays from September 29 to October 20, you can stop by from 5:00 PM - 7:00 PM and create your costume. It's FREE for all ages, levels, and creative abilities! JUMP creatives will guide you on how to make your own costume with easy-to-find-materials such as cardboard boxes, balloons, plastic cups, gems, fabric, feathers and more.
For those serious designers, JUMP will have a limited number of sewing machines (first-come-first-serve) and will share basic sewing tips to get you on your way! They have an assortment of materials and supplies on hand, however feel free to bring along your own materials and supplies to make your costume come to life!
For more information check out the JUMP website at:
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Take a Walk in the Park
Fall in the Boise area is a collage of colors. Colors that are very present in our Boise area parks. Colors that inspired the photo collage below. So go take a walk in the park and take in the colors of fall in the City of Trees.
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Scarecrow Stroll
The Idaho Botanical Garden's annual Scarecrow Stroll takes place from October 1 through October 31, 2022. A tradition at the Garden for over a decade, the Scarecrow Stroll features our community’s artistic talent with decorative scarecrows throughout the Garden.
With a map as your guide, see the Garden in one of its most beautiful seasons and enjoy the creativity of our awesome community.
Be sure to cast your vote for the best scarecrow! The winner will be announced at the end of the event and will earn the coveted “Ray Bolger Memorial Award for Scarecrow Excellence” and will receive, of course, bragging rights!
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Witches Night Out is back at the Village at Meridian on Wednesday, October 12, from 5:00 PM to 9:00 PM. The event is a fundraiser that benefits the Women's and Children Alliance (WCA). There is no cover charge, but bistro and high-boy table reservations will benefit the WCA.
So, gather all your witch and warlock friends, dress in your best attire, and head on over to the Village for a fun-filled evening filled with live music, activity stations, vendors and fun. Other highlights include:
- A grand prize raffle to win the coveted Witch's Wardrobe basket, valued at over $3,000.
- Several raffled baskets valued at $150 or more.
- Best witch costume winner of a $100 gift card.
- "Wall of Whine" opportunity to purchase a bottle of wine, where one winner will win a $300 gift card.
- Fun green screen witch photos.
- Food trucks and vendors.
Visit their website to learn more at:
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So, are you excited and want to head on over early? Stop by and visit the pre-event being held from 4:00 PM - 5:30 PM by our friends with the Demma Team at Guild Mortgage. Kim and her team are hosting a Witches Night Out Pre-Funk. Join them for creepy cocktails, spooky snacks and ghoulish give-a-ways. Wear your witchy garb and bring a "ghoul friend" or three!
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Home for Heroes
It's the Real Deal!
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So often in today's world people are guarded, and rightly so, when they hear about things that sound too good to be true. That's why I'm so happy to be part of a nationally recognized non-profit, Homes for Heroes. As a Homes for Heroes affiliate Realtor, I give back a portion of my commission to Heroes (teachers/educational support staff, healthcare professionals, firefighters/EMS, law enforcement, and active/retired military) when they buy/sell (or both) a home as a way to say, "THANK YOU" for all you do for our country and communities. Here's a real life scenario involving my recent clients, Stefan and Sara. |
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Stefan, an army military hero, and Sara a nurse hero both qualified for the Homes for Heroes program. They secured a VA loan for the purchase of their new home. Additionally, since sellers are now negotiating, the sellers contributed 2% in concessions to their closing costs. While every situation is different, here's what the math looked like for Stefan and Sara.
$4,200 - Earnest Money/Down Payment
$3,009 - Homes for Heroes giveback check
$3,005 - Unused portion of 2% seller concession
$1,814
Congratulations Stefan & Sara, you got paid to buy your home!
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August 2022 Circle of Giving...
We at Homes for Heroes, Treasure Valley are so proud to be part of this Circle of Giving and give back to those in our community who give so much.
In August 2022, Nationally, Homes for Heroes...
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gave back $1,862,179 in Hero Rewards.
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connected 7,395 People with Homes for Heroes affiliated real estate professionals.
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helped 794 Heroes save money when buying, selling or refinancing a home.
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enriched 580 Communities with Hero related real estate transactions.
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awarded $15,000 - $5,000 to the Million Dollar Teacher Project and $10,000 to The Teachers Resource.
Join the circle by sharing this email and GIVING your HERO friends and family the gift of BIG SAVINGS on the sale or purchase of a home.
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Julie Cendejas | Cendejas Group Real Estate, Keller Williams Realty Boise
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