Avimor Subdivision Boise Brings Avimor Homes To Life November 10, 2008
Posted by janey in : real estate investment loans , comments closedAvimor Subdivision Eagle Idaho is a beautiful planned community that is just coming online in the Boise market. It is a SunCor development nestled in the Boise/Eagle foothills. It is perfect for those people that don’t want to be in the hustle and bustle of the Boise city life, but still want to be close enough to drive in anytime.
Avimor Subdivision Eagle Idaho
Avimor Subdivision in Eagle is a master planned Foothills community. In many aspects it is the first truly comprehensive master planning effort ever executed in the state of Idaho.
It is located only a few minutes north of Eagle, ID right off of Highway 55 at Avimor Drive, approximately 7.6 miles north of the Hwy 44/Hwy 55 intersection. From downtown Boise, it is an easy 25 minute drive northwest of town. It is also a very easy drive north to the Tamarack/Donnelly/McCall area.
Avimor Idaho
The Avimor property was formerly owned by the McLeod Family, third-generation sheep and cattle ranchers who own the 37,000 acre Spring Valley Ranch property. The McLeods have chosen SunCor Development Company as their partners in a development/trust agreement that encompasses 23,000 acres of Spring Valley Ranch. Spanning three counties, the property will be developed over several decades. Upon build-out, the community could include as many as 12,000 homes. The first phase is under way with more to come. Make sure you get your space reserved now.
Before you buy it is good to know what each and every Boise Idaho real estate subdivision has to offer such as:
- Jobs
- Amenities
- Swimming Pool
- Available Lots
- Homes
- Commute
- Fun
- Exercise Rooms
SunCor, Idaho Inc. is the home builder at Avimor. In addition to being a prolific land development entity, SunCor, Idaho Inc. also has a proven, decades-long background in home building. As a company, over the past three years SunCor has built an average of 600 homes per year in our existing communities around the Southwest. Here in Idaho, SunCor, Idaho Inc. has assembled a top-notch team of locally-based trade partners to build the impressive array of home plans that are being introduced to the market. SunCor, Idaho Inc. essentially acts as the general contractor, managing and overseeing every aspect of the construction process to ensure that the homes meet the highest levels of both quality and energy efficent standards.
Avimor Subdvivision in Eagle, ID is close to Boise but also offers an easy drive to Tamarack Resort in Donnelly, ID or the activities of McCall as well. These are areas that are full of activities in the winter and summer such as: skiing, camping, rafting, atv’ing, fishing, and much more. This area is a true gem in the Gem state.
Visit VizionsRealEstate.com for more information on Avimor and what it has to provide you.
Boise Home Listings And Boise Homes In The Market November 3, 2008
Posted by janey in : real estate investment loans , comments closedReal estate is always changing.
Here are some of the recent numbers in the market from last month. The first number is the number of transactions, dollar volume, average price, median price, and days on the market.
Totals 875 $231,503,250 $264,575 $229,900 79
Non Co-op Sales 215 $58,437,772 $271,804 $243,900 80
Co-op Sales 660 $173,065,478 $262,220 $227,830 79
All Sold Listings 875 $231,503,250 $264,575 $229,900 79
Residential Conventional 772 $203,631,349 $263,771 $232,000 79
FHA 12 $2,180,963 $181,747 $175,450 66
VA 11 $2,261,521 $205,593 $212,900 86
Cash 61 $17,121,769 $280,685 $204,900 77
IHA 6 $1,371,300 $228,550 $206,450 81
Lease/Purchase 1 $115,000 $115,000 $115,000
Other 12 $4,821,348 $401,779 $262,450 122
Analysis by Area
North Boise - 0100 44 $13,438,550 $305,422 $312,450 88
NE Boise - 0200 15 $5,795,700 $386,380 $298,500 62
SE Boise - 0300 47 $12,154,569 $258,608 $228,900 52
Boise Bench - 0400 49 $8,436,650 $172,177 $160,900 54
South Boise - 0500 32 $7,731,965 $241,624 $237,500 59
SW Boi/Meri - 0550 92 $20,315,128 $220,817 $204,950 90
West Boise - 0600 33 $6,473,713 $196,173 $183,000 59
W Boise/Gard - 0650 78 $17,934,863 $229,934 $209,000 59
Garden City - 0700 1 $125,500 $125,500 $125,500 106
NW Boise - 0800 36 $10,465,166 $290,699 $209,900 86
Eagle - 0900 44 $21,009,973 $477,499 $393,900 88
SE Meridian - 1000 37 $11,330,164 $306,221 $291,518 117
SW Meridian - 1010 13 $5,114,032 $393,387 $415,000 134
NE Meridian - 1020 97 $25,575,787 $263,668 $242,990 94
NW Meridian - 1030 167 $42,820,036 $256,407 $241,101 74
Kuna - 1100 59 $13,702,010 $232,237 $189,900 92
Star - 0950 31 $9,079,444 $292,885 $256,500 89
Boise Real Estate
When you are looking into a home purchase in the Boise real estate market, there is nothing more important than knowing your numbers. When it really comes down to it, the “asking” price from the sellers really doesn’t matter that much. What Boise buyers really need to look at is the “sold” numbers in the market so they really know what price a property is selling for. You must also keep in mind that the Boise market is made up of several smaller markets that all are connected, but have very different strengths and weaknesses.
As you might have heard all over the news, financing giant Merrill Lynch was bought out by Bank of America. Banks all across the country and also the world will have to come to grips with an even tougher outlook as Lehman Brothers closes shop leaving over 25,000 employees out of work. After trying to find a buyer, Lehman Brothers was left holding the bag because they lost billions in the mortgage markets and they will go ahead with Chapter 11 bankruptcy filing.
What does this mean to you? Only time will tell what will happen with the markets as they try to stabilize. Interest rates are actually great right now and some expect another small rate cut to help lessen this Merrill Lynch blow. So, if you are looking to buy some real estate and take a loan out, the combination of low interest rates and low home prices is a combination that may be hard to pass up if you can get over the negative market news.
It may take some time for this to trickle down to the consumer, but expect some more news on the effects of this buyout in the coming weeks. This is also going to be a hot topic in the presidential race between Obama and McCain. There is even more bad news to come as AIG tries to stay above water needing $40 billion loan from the federal reserve.
Experts say that this too shall pass. Something had to give and there has been a lot of giving lately, but hopefully it will help to build a stronger foundation in the real estate and money markets in years to come.
Ben Janke is a Idaho real estate broker that has written free real estate guides that you can access by clicking the following link Boise real estate.
Boise Home Listings
The asking price vs. the selling price in the Boise real estate market ranges from -13% all the way to +3% with an average of about -3.5% that buyers are getting off of the asking price. Of course, this really depends on how aggressive the sellers and listing agents have the home priced.
Happy House Hunting!
