How housing inventory is hurting recovery.

The National Association of Realtors has recently reported that raw housing inventory is at a 13 year low nationally. I don’t know if locally (Boise/Meridian Idaho) we are that low as our statistics are not so readily available but we are down to levels I have never seen in 12 years as a licensed broker. Read more

2011 feels a lot like 2006…

There are very oddly hot pockets in the market right now, namely REO properties. Each bank owned home I have written an offer on the past few weeks has had multiple offers (4 to 5 for each home). Read more