$169,000  Boise, Idaho
Great value, new roof, within walking distance of Indian Lakes Golf Course. Single level with large dine-in kitchen, separate living and family rooms. Large backyard with plenty of trees offers a clean canvas for landscaping. See it to believe it.
Call Joseph Devlin 208-869-6575

$374,000  Boise, Idaho
On the National Historic Register, only 4 families have owned it in 125 years! A delightful, decorative, gabled brick home-a triplex since the 80's, is always rented. Charming speakeasy front door w/turn doorbell, original wood floors, covered parking & covered back porch. New roof, paint+ rear fence. Unique opportunity in Boise's Beautiful North End for an upscale home or desirable investment. Close to everything Downtown Boise offers! D tab for History. 24 hr notice for Appt. M-Sat 10-6. Call Sue to view!
Call Sue Kropf 208-405-5785
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Eagle Idaho is a desireable, upscale community nestled along the base of the Boise foothills. Eagle offers high-end, quality-crafted homes, fine dining, boutique shopping and a friendly community. The Boise river meanders through Eagle and you'll often find folks walking the greenbelt or enjoying a peaceful picnic along the banks. Eagle offers convenient access to the entire Treasure Valley and provides direct routes to northern ski areas, foothills hiking, river rafting and other fun Idaho outdoor activities. If you prefer newer construction homes in an upscale market then Eagle is the place for you. Pictured above is Rembrandt’s Coffee House in Eagle’s quaint downtown area.
The North End
North Boise is one of the most sought after communities in the Boise area. Affectionately referred to as The North End, here you will find classic architecture and character in the turn of the century and early 1900's era homes. Many homes in The North End have been fully restored to their original condition with a complementary touch of modern conveniences. If you enjoy tree-lined streets, patio-dining at corner restaurants and quiet and peaceful neighborhoods then be certain to see a few Boise homes in this area during your visit. Pictured above is Boise’s historic Harrison Boulevard which runs from Boise’s thriving downtown through the heart of The North End.

$169,900  Boise, Idaho
Spacious home ideally located off State between downtown & Eagle! Leaded glass door opens to sunlit living room w/wide entry to nice kitchen w/all appliances, pantry, & breakfast bar open to eating area. Powder & laundry room lead to attached 2 car garage. Upstairs features an ample master suite in front w/ dual closets, and glass shower. Tub in hall bath, 2 good sized rear bedrooms, plentiful closets. Fenced backyard with irrigation canal behind, auto sprinklers, lawns. Brand new carpet, freshened paint!
Call Janis Allen 208-841-4711

$368,000  Boise, Idaho
Step into this Energy Star home that boast pride of ownership. Massive wrap around porch accented by stone columns makes a grand entrance.The impeccable craftsmanship shows throughout. Beautiful custom milled cherry hardwood floors,cherry cabinets w/ slab granite countertops, pantry has cherry shelving. Media room wired for surround sound w plenty of room for games.Spacious master suite w/ x-large master en suite. The 5th bedroom could be used for guest room or den. Extra attention in custom landscaping.
Call Peggy Cedillo 208-859-4383

$105,000  Boise, Idaho
Cute 2 bed 1.5 bath Townhouse right in the middle of the Bench. Location location location!!! Single level nice floor plan. Each bedroom has a sliding glass door with access to a Patio. The Property backs a creek with a fenced in back yard. This Townhome needs a little fixing up but it would make a great starter home.
Call Kevin McLaughlin 208-850-9091

$699,900  Garden Valley, Idaho
Rare 52+ acre property with multiple views. Beautifully wooded and very private, with access to the Payette River. Location is perfect, with all year access and yet secluded, and only 5 to 10 minutes from all amenities. Although the property's value is in the land, there is an existing A-frame cabin that is included, and is ready for use. Property can be subdivided, and there are multiple building sites If desired.
Call Tom Barbey 208-794-6323

$57,999  Emmett, Idaho
Do you like water? This property has two irrigation ditches, the Seven Mile Slough and the Bureau of Rec. drainage ditch on it. 6 water shares available to re-establish. Views of both Squaw Butte and Shafer Butte. A septic permit was in place but has lapsed. Underground utilities already ran to the lot. With a little dirtwork, this lot could be spectacular! Access to the river within walking distance.
Call Cori Duncan 208-861-1663

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July 21, 2015

The days of house flipping seem to be on a down ward spiral. There are fewer flipping shows on TV and we just don't really hear people talk about it much anymore. Why is that?

For starters, house prices have risen, and it’s harder to flip an expensive home. Well, It's harder to make it worth the investment of time and money usually required to take a run-down property and turn it around. Houses that are flipped are usually bought at a very low price, but they usually need a huge amount of work, and not just the cosmetic changes. Many homes that are flipped need extensive repairs and renovations.

Depending on the price range, If looking at homes in 200K or more, there are homes now on the market in desirable neighborhoods than there were just a few years ago, getting a good return on the investment is much more difficult for flippers. When home buyers don’t have to fight over property, and don’t have to take whatever’s available in a desirable area, flippers may not make enough profit to make the investment worth their while. Under 200K there is a low inventory in certain areas.

More houses to choose from may also mean they’re not selling as quickly. When houses are sitting on the market for extended periods of time, the investors are losing money. They have to carry the mortgage, insurance, taxes, and maintenance costs of each house they’ve flipped, while paying for their own residence as well. The longer the property sits, the more that comes out of the investor’s pocket. This is a real discouragement to flippers.

RealtyTrac (Market Watcher) has reported that the number of flipped houses across the US has declined steadily since mid-2013. At the same time, the gross profit on flips has also declined, making flipping a less attractive means of investing in real estate.

For the average home buyer, this could mean you’re not competing against cash buyers all the time. If you are interested in a home that needs updating and you have the cash and the skills to do the work, fewer flippers is a good thing for you as a buyer. You can buy an older house that’s been well maintained and is in generally good condition, but crying out for updating. Cosmetic changes to the kitchen and bathrooms won't be as expensive than a brand new house [and a good investment].

But don’t get content and think you have plenty of time: There are signs that interest rates are going to be rising. While that discourages home flippers, it also means that you’ll be getting less home for the money. As your choices broaden and it becomes easier to find the home you want in an neighborhood you like at a price you can afford, you will need to weigh those benefits against the quite real possibility that your home could cost you much more in the months — or even weeks — to come.

Take advantage of the fact that cash-paying flippers aren’t dominating the market anymore. For all of your Real Estate needs, Please Contact me today and get started!

Yralia Devereux

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