January 2020

The KEY to All Your Real Estate Needs

It's January - time to reflect on the past year, while looking forward to the possibilities of the coming year. I am so proud of what we accomplished with the Homes for Heroes program in 2019. Homes for Heroes Treasure Valley gave back over $61,000 to local Heroes in our community for an average of $2,500 per hero. What an honor to be able to give back to those who give so much! I look forward to 2020 and giving back even more! 2019 was a busy year! I mapped out my sales for 2019 - the visual reflects that I sure was busy traveling throughout the Treasure Valley. I appreciate every trip and am thankful to have worked with each-and-every one of you! Once again I'm saying "Wow" when looking back at the past year's real estate market. In 2019 the median sales price in Ada County increased almost 10 percent over 2018. And, 2020 is also projected to be a good year with national numbers projected to be higher than average.  May the year be filled with all the best for you and yours,

Savings Average $2,500! I n 2019 Homes for Heroes Treasure Valley gave back over $61,000 to Heroes in the Treasure Valley that bought or sold (and in some cases both) a home. 24 Heroes saved an average of $2,500! As Real Estate Agents affiliated with Homes for Heroes we are so honored to be part of a program that facilitates giving back to those who give so much of themselves to the community. We give back 25 percent of our commission to our HEROES to use as they see fit - apply it to the down payment... buy new furniture... bank it... take a trip. It's our way of saying "Thank You" for all you do! So let's work together and make 2020 even better! Are you a HERO thinking about buying or selling a home? HEROES include: Active and Retired Military, Healthcare Workers, Teachers, Firefighters/EMTs, and Law Enforcement. Or, do you know a HERO thinking about buying or selling a home? If so, give them the gift of BIG SAVINGS by sharing information about the Homes for Heroes program. info@treasurevalleyheroes.com (208) 471-8070

2019 - Record High Home Prices in Ada County For the year, Ada County’s overall median sales price ended at $345,000 year-to-date (January 1–December 31, 2019), - a 9.9% increase over the overall median sales prices for 2018. New home sales made up 32.6% of all home sales in 2019, an increase of 14.8% compared to 2018.  For over four years, home prices were being driven up by a persistently low supply of lower-priced existing homes compared to demand, a greater share of new homes selling at overall higher prices, as well as increased purchase power from low mortgage rates. January 2019 was the first time since October 2014 that the year-over-year number of existing homes for sale in Ada County increased, breaking the 51-month consecutive streak of year-over-year declines. But despite existing inventory increasing somewhat throughout the year, it was not enough to meet demand and home prices continued to climb. December Market Report How the Ada/Canyon County Markets Ended the Year: The median Ada County sales price in December 2019 was $350,000, up 7.7% from December 2018. In Canyon County the median sales price in December 2019 was $255,000, up 10.9% from December 2018. 

Homes for Heroes This past December, the Homes for Heroes program...  gave back $1,203,947 dollars in Hero Rewards. connected 2,693 people with Homes for Heroes affiliated real estate professionals. helped 621 Heroes save money when buying, selling or refinancing a home. enriched 442 communities with Hero related real estate transactions. awarded a grant to the Detroit Public Safety Foundation to assist heroes in dire need.  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. To learn more, contact Info@TreasureValleyHeroes.com or (208) 471-8070.

Julie Cendejas | Cendejas Group Real Estate, Keller Williams Realty Boise 208-870-9563 | Julie@HomesInBoiseIdaho.com

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