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Safety Tips for Your Holiday Decorating

Decorate Safely This Holiday Season

Delta Media Group

Decorating for the holidays is one of the fun perks of being a homeowner, because your whole property becomes a blank canvas. Decorating is a great opportunity to get in the spirit of the season, show off your sense of style, and get your kids (even more) excited for the holidays. No matter how you choose to decorate your home this holiday season, just remember that it's also important to keep home safety in mind as you deck the halls. We've put together 5 decorating tips to help keep your home safe, without cramping your holiday decorating style.

  1. Check It Twice – Holiday lights are among the most popular decorations, and for good reason! They're bright, beautiful, and can transform the look of your entire property. Before you start stringing up those lights, however, be sure to check for any signs of wear. If there are broken lights or exposed wires, it's time to purchase some new outdoor holiday lights. Remember that outdoor lights are exposed to the elements, so even minimal signs of wear can pose a risk.  Bonus Tip: If you're in the market for new lights, try LED lighting rather than incandescent bulbs. LED lights are more energy efficient, burn cooler than incandescent bulbs, and come in just about any color you can imagine.

  2. Don't Overload Outlets – Overloading a single outlet is a fire risk, even if you're plugging in new, energy efficient decorations. Avoiding tangled wires is also good for holiday decorating safety, and it's easier to do when you use multiple outlets. Always plug decorations into outlets with Ground Fault Circuit Interrupters, which are designed to shut down the circuit automatically if certain signs of electrical danger are detected.

  3. Indoor/Outdoor – That giant, inflatable Santa Claus won't fit in your living room, so it's probably a safe bet that he can be used outside. But not every decoration makes the distinction so clear. For any decorations that rely on electricity, always check whether they're rated for outdoor use before you plug them in outside. This is a great step to take care of while you're shopping for decorations, as the necessary info should be available right on the packaging.

  4. Rooftop and Ladder Safety – For many homeowners, the holiday season is one of the few times each year when we take our ladders out of long-term storage and venture onto our rooftops. Stay safe by taking your time, having a plan, and wearing sturdy boots (or sneakers) with strong treads. If you do plan on climbing on your roof or using a ladder to decorate, never do so alone. Make sure there's someone on the ground to "spot" you and aid if you run into trouble.

  5. Clean Gutters – Since you're likely to be spending time up there anyway, it's a great idea to clean your gutters before stringing up any holiday lights. Dried leaves and plant matter in gutters can serve as kindling when a faulty wire leaks electricity. As a bonus, keeping your gutters clean is a great way to lower your risk of water-related roof damage throughout the year.

The biggest thing to remember for holiday decorating home safety is that electricity can be dangerous, especially if you're using older decorations. Check any decorations for signs of wear before putting them up, make sure that any decorations you wish to use outside are rated for outdoor use, and keep your gutters clean to reduce fire risk. And of course, don't forget to have fun!


Economic Updates from Idaho Central Credit Union



ECB Raised Interest Rates to Highest Levels Since 2011

Although this week contained little new data, the European Central Bank (ECB) raised interest rates to their highest levels since 2011. While investors focused heavily on the ECB announcement, the move failed to cause commotion. As a result, mortgage rates ended the week with little change.

ECB Raised Interest Rates by 75 Basis Points

With inflation surging to decade highs, the ECB raised interest rates by a massive 75 basis points. Thus, interest rates achieved their highest levels since 2011. The latest readings showed inflation in the eurozone at an annual rate above 9%. Conclusively, Eurozone inflation far exceeded the target level of the ECB of 2%.

ECB chief Lagarde explained rate increase as a necessary move. Lagarde mentioned that inflation is likely to stay above the target for "an extended period." Furthermore, investors expect additional 50 basis point rate hikes at the next two meetings.

Fed Chair Powell Remains "Strongly Committed" to Inflation Fight

As the ECB raised interest rates, the Federal Reserve continues their inflation battle, too. On Thursday (9/8), Fed Chair Powell repeated that he is "strongly committed" to fighting inflation. He emphasized the importance of reducing inflation. Additionally, Powell intends to lower inflation before the public views higher levels as normal and makes future plans based on it.

According to Powell, Fed officials hope that higher rates bring the strong labor market back into "better balance". Overall, Powell plans reduce outsized wage increases and lessen inflationary pressures. Moving forward, investors anticipate a 75-basis point rate hike at the September 21st meeting.

ISM Reflects Consumer Shift from Goods to Services

Aside from the Federal Reserve messaging and the ECB raising interest rates, the Institute of Supply Management (ISM) released the most significant economic report this week. In doing so, the ISM provided additional evidence that consumers shifted their spending from goods to services.

The national services sector index rose to 56.9. notably, this index came in stronger than expected. Levels above 50 indicate that the sector is expanding.

Looking Ahead After ECB Raised Interest Rates

After the ECB raised interest rates, investors seek specific Federal Reserve guidance on the pace of future rate hikes and bond portfolio reduction.


We understand that no two paths to buying a home are the same. Whether you're a first-time homebuyer or a seasoned real estate mogul, we have a variety of products and loans designed specifically to meet your needs. We offer local underwriting and fast approvals to save you time and money. We have options for down payments and additional resources like our Finally Home! online program to help guide you through the home buying process. Contact one of our home loan specialists to discuss your options today!



Remodels Worth the Investment

Home Renovations That Offer the Best ROI for Resale

The following is a guest post by GUSTAVO GONZALEZ, Senior Manager of Content and Multimedia at Coldwell Banker Real Estate, LLC

Looking to make some upgrades and wondering which will have the biggest payoff? If you guessed kitchen and bathrooms, you're spot on. Another good one is landscaping. Whether they're big or small, a few upgrades can pay big dividends when it's time to sell your home. Follow these tips to prioritize and put more money in your pocket when you're ready to sell.

Before you do anything, make sure you consider the value of your house, the neighborhood, the housing market where you live, and how soon you will sell after you make the improvements. If you live in a neighborhood where properties are selling for $300,000, doing a $150,000 renovation may not add as much to your property value as you might think.

Kitchens and Baths
One thing to keep in mind is that just because a remodel is expensive doesn't necessarily mean it will give you the best return on investment. Even minor updates can yield a big return. Consider painting, refinishing surfaces, and upgrading appliances, which can lead to a big payout.

Sticking to a budget is always important, and keep in mind that an average, medium-sized kitchen remodel can cost between $20,000 – $50,000, while the average bathroom remodel is $10,000. In most cases, homeowners see a return of 100% or more with a kitchen or bath remodel, so it's definitely worth the investment. Plus, you get to live in a beautiful new space.

A Finished Basement
If finishing your basement is something you've been putting off, now might be the perfect time. According to cost versus value surveys conducted annually by Remodeling magazine, "The average return on investment for a basement project is around 75 cents on the dollar. Besides the financial gains, refinishing a basement will add new functionality to your home: more bedrooms, more efficient storage, and more space for entertaining." Seems like a sure-fire win, win.

Add Curb Appeal
When buyers see that the outside of the property is taken care of, they'll be more excited to see the inside. Remember, first impressions make lasting impressions. According to Anji, "Curb appeal can increase your home value by 7%. Buyers are increasingly prioritizing outdoor living spaces and an attractive lawn has the biggest ROI at 256%. Trees can add $1,000 to $10,000 to your home value and simple landscape maintenance tasks usually pay for themselves."

Whether you're in the market to sell your home or just want to make some budget-friendly renovations that you and your family can enjoy, making the right upgrades can help enhance your quality of life and add a few more dollars to your bank account down the road.


Home Maintenance to Complete this Fall

It's Time to Get Ready for Fall

Delta Media Group

Fall is the perfect time of the year to do seasonal maintenance to keep your home running smoothly. Checking these items off your must-do list now will save you money and frustration later.

  1. Seal the leaks.
    Check around windows and doors for cracks that leak air. According to the U.S. Department of Energy Research, leaks can increase your heating bill by up to 10 percent. Seal the leaks with caulk or weather stripping as needed.

  2. Schedule heating equipment inspections.
    Call an HVAC professional to give your furnace an annual cleaning and tune-up. Doing this can increase the efficiency and safety of your furnace.

  3. Test the generator.
    Instead of waiting for the winter's first power outage, take your emergency generator for a test run now. Make sure you have extra fuel stored away.

  4. Inspect your home's exterior.
    A damaged exterior lets in water and pests. Check your siding for cracks, curling, dents, looseness, bowing, and decay. Make sure your masonry veneer isn't cracking or flaking, and your stucco is free from cracks.

  5. Clean the gutters.
    Although it's among the most common home maintenance tips, this one has greater benefits than you might imagine. Blocked gutters can cause leaks on your roof and in your basement as well as damage your exterior. Scoop leaves, dirt, and other debris from the gutters then spray them clean. As you clean, check for leaks and rust. Make sure your downspouts are directed away from your home.

  6. Check your roof.
    Damage to your roof puts your home at risk for leaks. Use binoculars or climb onto the roof to inspect for missing, damaged, curled, or loose shingles. Look the ridge shingles over for wind damage. The metal flashing in the roof valleys and around protrusions such as vents should be free from curling and damage.

  7. Inspect your walkways.
    Damaged driveways, sidewalks, and steps worsen when exposed to freezing temperatures and pose a hazard in icy conditions. Repair cracks wider than 1/8th inch, smooth uneven areas, and tighten loose railings.

  8. Prevent frozen pipes.
    Adding insulation to pipes in unheated areas is one of those simple home maintenance tips that can save you a lot of trouble and expense. Outdoors, put your garden hoses in storage and, if your outdoor faucets aren't frost-free, turn off your outdoor water supply and drain the faucets. Drain your irrigation system to prevent burst pipes and damaged sprinkler heads.

  9. Measure your foundation drainage.
    The ground around your foundation should slope away from your home at an angle of 6 inches down over 10 feet. This protects your foundation from water damage.

  10. Get the lawn and garden ready.
    If you spot any tree limbs that could fall or hit power lines during a windstorm, cut them back. Also, trim shrubbery and perennials as recommended for the species. Rake up leaves and either compost them or use them as mulch. Alternatively, check if your city offers a removal service.


Appeal to Buyers with These Tips

Curb Appeal Tips for Fall

Delta Media Group

First impressions are everything when it comes to selling your house.  When a potential home buyer drives by your home, what will they see?  The outside of your home should serve as a preview for the inside of your home.

"WOW" home buyers from the curb with these tips perfect for the fall. 

  1. Spruce up your lawn
    Brilliant fall foliage can automatically "sell" your home for showings, but that doesn't mean you should forget about raking the leaves and mowing.  Keep those leaves raked and give your lawn the TLC it needs to look great. Patch any brown spots, and water the lawn as long as possible to keep it green and vibrant.

  2. Plant fall flowers
    Once lawn maintenance is handled, add a splash of color to your landscape by planting fall flowers.  Some of the best fall flowers include vibrant mums, yellow marigolds, sedum, or goldenrod.  You can also place fall flowers in pots near your front door along with a few pumpkins as accents.

  3. Highlight the front door
    Calling attention to your front door is a good selling tactic no matter what season when you're selling your house.  Your front door is like an invitation to your home. Hang a fall wreath for added color and a festive touch.  A fresh coat of paint in a vivid color can make your entrance stand out.

  4. Tidy up the exterior
    During the fall, your home becomes more exposed making its exterior appearance even more important.  Before listing your home for sale, pressure wash your siding, sidewalks, and walkways.  Clean the windows.  Apply a fresh coat of paint as needed.

  5. Clear out the gutters
    Being diligent about home maintenance tells buyers you care about your home's upkeep.  Keeping your gutters and downspouts clear from leaves and debris protects your home from water damage and ups the ante for curb appeal.

  6. Invest in outdoor lighting
    Days get shorter during the fall.  Exterior light adds a touch of elegance and sophistication to your landscape and improves safety. Illuminate your walkways, front door, and important landscaping elements so the home shines no matter when people drive by.

  7. Keep outdoor decorations simple
    A simple fall wreath on the door and seasonal flowers make your home look inviting to potential homebuyers.  However, scarecrows and spooky Halloween decorations may "scare off" homebuyers and distract them from the gorgeous exterior you've worked so hard to otherwise create.


Great Reasons to Get a Pre-Listing Inspection

Should You Get a Home Inspection BEFORE Selling?

Delta Media Group

Selling your home? A recent survey showed more than 85 percent of buyers who applied for financing asked for an inspection of the home they intended to buy. Today's savvy home buyers rarely leave things up to chance — they want to be assured they are getting great value.

Despite this growing trend, many sellers still wait for buyers to take the initiative on inspections. A seller might save a few hundred dollars by waiting until the buyer makes the first move, but this is rarely worthwhile. In fact, there are many benefits to taking the plunge and getting an inspection as soon as you decide you are serious about putting your property on the market.

Let's look at six benefits of pre-listing home inspections:

  1. Attract More Buyers
    Savvy buyers who have purchased a property before will know about the necessity of a home inspection and will appreciate this is one less step (and expense) they need to worry about. New buyers seeking their first home may not be as savvy at first, but they will soon figure it out. All in all, an inspection will reassure and attract more would-be buyers.

  2. Accelerate the Sales Process
    Sooner or later, an inspection will happen — and when it does, it's bound to turn up something. Relatively minor issues might throw a wrench into your hopes of selling your home. When you get proactive, you have the chance to resolve problems that might otherwise add months to the sales process. Plus, in many cases, you can turn those fixes into part of your sales pitch.

  3. Provide a Stronger Negotiating Position
    Most home sales involve some "give and take" over the final price. Buyers will look for anything they can find as a reason to maneuver excess costs onto the seller. With a recent inspection report in hand, you can counter these moves without any sour grapes — you've gone the extra mile to ensure that everything in the home is on the up and up, after all!

  4. Reduce Recurring Repair Bills
    It isn't always easy to determine the true source of a recurring problem in a home, even a newer one. For example, if your toilet drains slowly, you might simply need to snake it... or you may have a major issue with your septic system. Whatever the case, an inspection helps you get to the real root of the problem. It saves money if you don't sell and improves your price if you do.

  5. Take Control of the Process
    Unless you find out something truly appalling, you don't necessarily have to take time to repair whatever an inspection turns up. Instead, you have the option of lowering your price or going "as-is." All in all, an inspection gives you the opportunity to take the steps that are right for you instead of running to catch up to a buyer whose inspection uncovers unwelcome surprises.

  6. If You're Selling Your Home, Start with an Inspection
    In today's real estate market, a seller's pre-inspection of a home is a mark of quality that buyers increasingly expect. If you put your home on the market and don't find interested buyers in a relatively short time, an inspection is one precaution you'll end up taking.

With all that in mind, selling your home should almost always start with an inspection. It's an essential step, just like making basic repairs, listing your home in the right places, staging it for potential buyers, and partnering with a real estate agent you can trust.


Easy Home Project Tips


From our friends at Delta Media Group

Little fixes around the home can take time and money. Try one of our quick tips to save both! 

  1. Fasten a Tennis Ball to your Mop Handles
    Never get on your hands and knees again to scrub scuff marks off your floor. Simply attach a fuzzy tennis ball to the end of your mop handle, and whenever you find a difficult scuff, flip the mop over and use the tennis ball to buff the mark from the floor.

    Bonus Hack: Keeping a couple of tennis balls in your swimming pool helps remove the oils, lotions, and sunscreens from the water.

  2. Plunge the Clogs from the Drains
    The next time your bathtub or sink drain backs up, don't reach for a bottle of expensive chemical drain cleaner. Grab your toilet plunger instead. Fill the basin with a few inches of water, use a bit of cloth to cover the overfill hole, and use the plunger over the drain. More often than the clog loosens after just a few plunges.

  3. Easy Spackle
    If your drywall cracks, make your own spackling compound by mixing a small amount of baking soda with glue.

  4. Loosen Stubborn Nails
    Whenever you engage in a home improvement project, there always seems to be that one nail that refuses to come out. A homeowner's trick that frequently works involves using a hairdryer to warm the nail, causing it to expand, creating a larger hole so that after the nail cools and returns to normal size, you can easily remove it.

  5. Repair Windows
    If you have a small hole or crack in your windows, fill the space with clear nail polish. It prevents the hole/crack from spreading when the temps drop below freezing.

  6. Caulking Made Easy
    Caulking isn't always a favorite home maintenance chore. Many struggle to keep the tip of the caulk gun straight or they find that they get caulk everywhere but the spot they want it at. Rather than having a professional come into handle routine caulking for you, stock up on painter's tape. Simply place a strip of painter's tape above and below the area you need to be caulked. Caulk the area and peel the tape away while the caulk is still wet. All the mess goes on the tape.

  7. Fix Holes in Drywall
    Don't worry if you get a small hole in your drywall. Fixing it is easy. Home improvement experts will tell you that you'll need to invest in paper tape or mesh. However, those with strong home maintenance skills know that all they really need is a small makeup brush to spackle their walls. Use the brush to fill the hole with spackle and sandpaper to sand down the spackle.

  8. Take the Elbow Grease Out of Shower Cleaning
    Rather than scrub by hand, easily clean your shower by fastening a foam ball to your cordless drill attachment. It'll have your shower gleaming in no time.


Who's Ready for Ribs?

Terrific BBQ Recipes

Fantastic recipes just in time for your late summer get-together!

Tequila Baby Back Ribs

2 Tbsp. chili powder 1 tsp. cayenne pepper
2 Tbsp. paprika 1 tsp crushed red pepper
1 Tbsp. garlic powder 1 chopped onion
1 Tbsp. salt 1 lg. handful chopped cilantro
1 Tbsp dried oregano 3-4 cloves garlic, diced
2 tsp. cumin 1 bottle (fifth) tequila
1 tsp. black pepper 1 lemon, halved
1 tsp. white pepper 2 limes

Combine all the above and season 2 full slabs of ribs, each cut in half. Refrigerate 2-4 hours.  Put half of 1 slab in 1-gallon ziploc bag, layer with onion, cilantro, and garlic. Place other half on top, repeat with onion, cilantro, and garlic. Pour in half bottle tequila. Add juice of half lemon and 1 lime. Seal. Repeat with other slab. Marinate at least 4 hours. Grill with onion, cilantro, and garlic at 350 degrees until done.


Honey Mango-Glazed Baby Back Ribs

1 c. honey 4 ripe mangos, cubed
2 full racks, baby back ribs 1 tsp. pepper
1 can chipotle peppers in adobo sauce 1 Tbsp. salt

Remove ribs from packaging, rinse and pat dry. Remove membrane from backside of ribs. Place ribs in shallow pan, sprinkle salt and pepper evenly and set aside. In a small saucepan, add chipotle/adobo, mango and honey. Cook over medium heat, stirring constantly until cooked down and thick enough to coat the back of a spoon. Using the slow and low method of BBQ'ing, set temperature to 225-240 degrees. If using coals, let them burn off and move over to one side of the grill. Wrap the ribs and 2/3 of the sauce mixture in aluminum foil tightly and place on grill. Close lid. After 2 hours, flip the ribs and let cook for another 2 hours. Open the aluminum and remove ribs, place them on grill and brush on remaining sauce and let cook another 30 minutes.


Economic News from Idaho Central Credit Union



Unexpectedly Strong Job Gains Across the Board

With the release of last week's Employment report, the United States reported unexpectedly strong job gains across the board. With this stronger than expected economic data, mortgage rates received an unfavorable reaction.

Overall, the key labor market report far exceeded the forecasts. Thus, mortgage rates ended the week higher.

Employment Report Reveals Unexpectedly Strong Job Gains

Every month, the Employment report represents the most highly anticipated data. With Friday's release, the data revealed unexpectedly strong job gains. Against a consensus forecast of 250,000, the economy gained 528,000 jobs in July 2022. Notably, leisure and hospitality displayed the best performance with a gain of 96,000 jobs. Now, the economy holds more jobs than in early 2020, prior to the pandemic.

Meanwhile, the unemployment rate fell from 3.6% to 3.5%. While unemployment fell below the consensus forecast, it also matched the lowest level since 1969. Additionally, investors and analysts look to average hourly earnings for wage growth indications. Overall, the latest average hourly earnings report showed an impressive 5.2% higher than a year ago, well above the consensus forecast.

ISM Reporting Paints Picture of Shifting Consumer Spending

Aside from the unexpectedly strong job gains, the most recent economic indicators from the Institute of Supply Management (ISM) painted a picture of shifting consumer spending habits. The national services sector index ended several straight months of declines with an unexpected jump to 56.7, well above the consensus forecast of 54.0.

By contrast, the national manufacturing sector index posted an expected drop to 52.8. Still, levels above 50 indicate sector expansion. Consistent with other recent data, these two reports suggest that consumers are purchasing more services and fewer goods.

Investors Anticipate 75-Basis Point Increase in September

Following news of unexpectedly strong job gains and an expanding National Services Sector Index, investors anticipate another large rate hike in September. Last week, most investors priced in a 50-basis point rate hike. Currently, the majority price in a 75-basis point increase while debating next year's events.

Presently, investors plan for additional rate hikes later this year. Meanwhile, next year should lead to rate cuts as economic growth and inflation decline. Federal Reserve comments suggest that investors price too high a probability of rate cuts next year given the uncertain inflation outlook.

Looking Ahead After Unexpectedly Strong Job Gains

After the unexpectedly strong job gains, investors watch for additional Federal Reserve guidance on the pace of future rate hikes and bond portfolio reduction. Beyond that, they focus on the inflation data.

The Consumer Price Index (CPI) was released on Wednesday. Investors and analysts widely follow CPI for price changes covering a broad range of goods and services. Also, the Producer Price Index (PPI) comes out on Thursday of next week. PPI measures price changes for intermediate goods used to make finished products.


We understand that no two paths to buying a home are the same. Whether you're a first-time homebuyer or a seasoned real estate mogul, we have a variety of products and loans designed specifically to meet your needs. We offer local underwriting and fast approvals to save you time and money. We have options for down payments and additional resources like our Finally Home! online program to help guide you through the home buying process. Contact one of our home loan specialists to discuss your options today!



Doers of Good: Northern Star Dog Rescue


CBT Realtor® Tom Caples and his wife Amanda put their money where their mouths are. As founders of Northern Star Dog Rescue, the couple saw a need and decided they had to do all they could. We are pleased to feature them as our July Doers of Good.

Both Tom and Amanda have volunteered hundreds of hours at local shelters over the years. As a result, they were witness to the number of dogs – dogs that could have been amazing pets – euthanized because there just wasn't room for them. They may have been "long-timers" or have had some behavioral issues that would have taken a lot of time to correct. They both felt drawn to doing more to help, and NSDR was born in January of 2021.

The mission of NSDR is to assist in saving shelter dogs from euthanasia. "That's about 90% of the dogs we save," says Tom. "The others come may come from hoarding cases or incidents of severe abandonment or abuse. Due to the large number of dogs in shelters, located here in Idaho, as well as in other states such as Utah, Texas, and Arizona, many dogs who are not immediately adopted are being euthanized. Most of the dogs we save have literally minutes left before we swoop in to save them."

The organization is 100% foster-based, meaning there is no actual "shelter" location. The dogs rescued from their dire circumstances are placed in homes, which helps them "decompress from the stresses of being in a shelter or from being neglected," Tom explains. "We believe this helps our dogs be more successful in transitioning to permanent homes."

Though most of Tom's waking hours are spent in his real estate business, he is active with NSDR in an advisory role and as the treasurer on the 501(c)3's board of directors. "Amanda handles the day-to-day," he tells us. "I take part in the public events where I am needed most. We've also opened our home to foster some of the more challenging dogs. I dedicate a lot of my time outside of real estate to help these dogs transition into a normal life of just being a dog and a companion. It's sometimes difficult and requires a ton of patience, but it's very gratifying to see the progress these dogs make."

He adds, "People sometimes forget that, like humans, many of the dogs we see are traumatized by the 'system' they get caught in. Showing them a loving home life is critical to saving them."

In the very short time the rescue has been operating, 170 dogs have been saved. According to Tom, donations are the "lifeblood of our organization." In addition to donations, NSDR charges a $300 adoption fee for each dog. Though that certainly helps, "it doesn't cover our expenses for vet visits, spaying/neutering, vaccinations, and other medical needs. We have several dogs who have had to have surgeries to improve their sight or correct a deficiency and could have been the reason the dogs were relinquished in the first place. Sometimes, we use our personal funds to cover the costs, and that's one reason real estate has been such a blessing."

Tom goes on to explain that the organization provides crates, beds, food, and supplies to many of their foster parents. "This helps us keep more loving homes when those folks might not be able to afford to do it otherwise."

When asked why the Caples took on such a big task, Tom is quick to answer. "There are too many success stories of dogs that go from no hope to finding amazing families and forever homes. It's almost as if the dogs realize what they've been through and realize they will finally be loved. It's incredibly rewarding."

Of his career in real estate with Coldwell Banker Tomlinson, Tom says, "Coldwell Banker has always been a huge proponent of giving back. It's part of our core values and has given me the opportunity to give back. Coldwell Banker's support and love for animals is longstanding. They have had many national campaigns for bringing homeowners and dogs together. It seems to be a perfect fit for me."

In closing, Tom adds, "It's important to find something that tugs at your heart and contribute what you can, no matter how small. Just do your best to leave this place a little better than you found it."

To help Northern Star Dog Rescue continue its mission, visit them online at or on their Facebook page at


Join us in celebrating our Doers of Good by getting involved in one of the programs we will spotlight over the next several months or tell us in the comments below about what lights your fire when it comes to making our communities better. 


For the Third Time, CB Scores Top in Agent Satisfaction

Coldwell Banker Scores First in Agent Satisfaction. Again.

Confucius said, "Choose a job you love, and you will never have to work a day in your life." 

The real estate professionals across the Coldwell Banker brand are passionate about their industry – and about their brand. For the third time, Coldwell Banker Real Estate ranked #1 in agent satisfaction in the annual "Agent Priorities" report conducted by Quester.

Designed to keep what's important to agents top of mind, the report zeroes in on topics such as work/life balance, brand image, support, tools, and culture. Knowing what makes an agent more likely to stay with a company is a key component in what brokerages can do to foster positive work environments and grow their agents' businesses.

On a local level, Coldwell Banker Tomlinson combines the strength of the national tools with additional services designed to help our Realtors® list, sell, and learn.

Full-time managing brokers are in place to provide immediate assistance. Offices are staffed with Agent Services Experts (ASEs) to help with marketing, paperwork, and training. A company-wide marketing team is in place to create campaigns that support current market trends, listing types, and services.

With continuing education an important aspect of any business, Coldwell Banker Tomlinson offers in-house classes, regular lunch 'n' learn trainings, continuing education at no cost, and national certifications and classes.

To read the results of the report, visit the Coldwell Banker Blue Matter blog.


Strong Job Gains in June



More than 350k Jobs Added to the Economy in June

Job Gains were better than predicted despite a consensus forecast of just 250,000, the economy added 372,000 jobs in June. This growth is right in line with the gains seen over the last few months. The unemployment rate held steady at 3.6%.  This is just above the lowest level since 1969. Average hourly earnings, an indicator of wage growth, were an impressive 5.1% higher than a year ago. Although it was down from an even larger annual rate of increase of 5.3% last month.

Job Gains Show Labor Market Strength

The JOLTS report measures job openings and labor turnover rates. The latest JOLTS report indicated that the labor market remains very tight. At the end of May, there were a massive 11.3 million job openings. This is down a little from the record high in March, but over 4 million more than in January 2020 prior to the pandemic.

There were 1.9 job openings for every unemployed worker. High level of openings reflects a strong labor market, as companies struggle to hire enough workers with the necessary skills. A very large number of employees also willingly left their jobs in January. This signals strength in the labor market. Workers usually quit only if they expect that they can find better jobs.

Job Gains Grew as Did Mortgage Rates

Job gains may mean a stronger labor market, but not necessarily a stronger economy. The minutes from the June 15 Fed meeting released last Wednesday significantly contained no surprises. To help the economy recover from the pandemic, the Fed put in place extremely loose policy measures. With the recent surge in inflation, officials have begun to tighten. The minutes confirmed that fighting inflation is the primary goal now.

Aggressive rate hikes likely will continue, even at the risk of slowing the economy. When the federal funds rate has climbed to a more "neutral" level, meaning it neither boosts nor restrains economic growth. Moreover, officials will evaluate whether to continue tightening to a restrictive stance. The minutes emphasized that the Fed wants to prevent expectations for a long cycle of higher prices from becoming "entrenched."

Looking A Head at Inflation & Retail Sales

Looking ahead, job gains aren't the only thing investors are keeping an eye on. They will continue to look for additional Fed guidance. Investors are keeping an eye on the pace of future rate hikes and bond portfolio reduction. Beyond that, the Consumer Price Index (CPI), was released on Wednesday. CPI is a monthly inflation indicator that looks at price changes for a range of goods and services. Retail Sales will come out on Friday, a key indicator of the health of the economy. Consumer spending accounts for over two-thirds of U.S. economic activity.


We understand that no two paths to buying a home are the same. Whether you're a first-time homebuyer or a seasoned real estate mogul, we have a variety of products and loans designed specifically to meet your needs. We offer local underwriting and fast approvals to save you time and money. We have options for down payments and additional resources like our Finally Home! online program to help guide you through the home buying process. Contact one of our home loan specialists to discuss your options today!



Take Action Now on these Home Repairs

Home Repairs that Can't Wait

Delta Media Group

Home improvement can be costly and time-consuming, so it's no surprise that many homeowners put off making repairs as long as possible. Smaller repairs can usually be safely left until the timing is more advantageous, perhaps when you have more money in the bank or some vacation time. There are some repairs, however, that should be taken care of as soon as possible. These home repairs are so important that failing to make them could result in serious injury and increased costs.

  1. Electrical System
    Some home improvement projects include work on the electrical system, such as installing a ceiling fan or changing a light switch. These are examples of repairs that can be done whenever you can fit them into your schedule. Some electrical problems require immediate action, though. These include unexplained circuit breaker failures, flickering or inconstant lighting, and switch plates and outlet covers that feel warm or hot. If you notice any of these problems, it's a good idea to enlist the help of a qualified electrician as soon as possible.

  2. Roofing
    The roof is an important part of your home's defense against the elements. Leaks, missing or damaged shingles, and sagging areas need to be addressed as soon as you notice them. A sagging roof could collapse under the weight of snow or heavy wind and may indicate other problems like improper attic ventilation. In addition, small leaks and damaged areas can lead to big problems like rotted support beams, mold growth, and an overall weakened structure.

  3. Foundation
    Foundation cracks are a fairly common problem, but many people choose to ignore them when they're small. This leads to their spread and growth, eventually becoming so problematic that it can cost many thousands of dollars to repair. While smaller cracks don't typically contribute to structural instability, as they grow larger, they increasingly undermine the foundation's integrity. In extreme cases, this can lead to the collapse of the entire home. Have foundation problems been addressed as soon as they arise, both to save money and ensure safety?

  4. Gas Lines
    Gas leaks in your home can be extremely dangerous. Natural gas and propane are dense and have a tendency to "sink" below regular air. They pool in the low areas of your home, meaning that you're more likely to smell them (they smell like sulfur; "rotten eggs") on the first floor or in the basement if you have one. Anytime you smell gas, or even think you smell gas, get yourself and your family out of the home immediately and call the gas company from outside. Repairs to gas lines should be made before you return to your home, and only by experienced professionals.

  5. Plumbing
    Water leaks and damaged pipes give mold a perfect environment to take hold in your walls, and you may not notice a leak until long after it started. Should you notice any dark spots or weakened areas in walls, or water bills that seem abnormally high, it's important to find the cause and address it before it leads to larger problems.

Managing Home Improvement Tasks

It can be tempting to leave smaller home improvement tasks until "later," but keep in mind that doing so could cost you more in the long run. Not every repair constitutes an emergency, but that doesn't mean that non-emergency repairs should be ignored. Keep on top of home maintenance and repairs by keeping a checklist of necessary tasks; focus on completing one each weekend or each month. This will help you keep your home improvement projects from piling up and becoming major problems.


Tips for Updating a Concrete Patio

Ideas for Upgrading Your Patio

Delta Media Group

Maybe you've been pondering all those cool ideas seen on TV and the web about redoing your drab slab of a concrete patio so that it's a standout feature of your indoor/outdoor entertainment area. Here's the deal. We are all in love with the idea of extending our living and entertainment area into the outdoors. And why not? There are dozens of relatively inexpensive and yet innovative hacks that will make your outdoors as inviting as the indoors, so let's start working from the ground up by renovating that boring, cracked, or scuffed-up concrete patio and see how dazzling it can be.

  1. Paint it.
    For basic painting, you will need concrete binding primer; concrete paint; painter's tape, a roller tray with liners (for fast cleanup), a paint roller, nap roller covers, and paintbrushes.

    Pressure wash the patio and let it dry. Cover up with painter's tape everything you don't want to be painted. Apply concrete binding primer, allowing it to dry one to four hours prior to painting. Apply two coats of paint, allowing the first coat to dry overnight. Wait 72 hours before you move furniture back onto the patio.

  2. Stain it.
    Apply a stain over the patio, then seal it. 

  3. Paint a pattern.
    Using a circular saw, score a concrete slab with a diamond pattern, then paint it with two shades of gray concrete paint. You can also use a stencil to create interesting patterns like a carpet design.  

  4. Lay decking on top of the concrete.
    Not a fan of concrete? You can lay decking on top of the concrete and attach white fascia boards along the sides.

  5. Create a stamped concrete patio.
    Stamped concrete is wildly popular these days. A bit cheaper than pavers, it comes in a variety of patterns and colors. Installers will try to delay cracking (be advised, it will crack someday) by installing control joints. Obviously, you will have to pour concrete and stamp the new concrete before it hardens. So if you've already got a concrete slab there, you'll have to figure out how to get rid of it. 

  6. Fake a stone look.
    Another redo that involves pouring new concrete is to fake the look of brick or stone with a patterned rubber roller. You'll need a concrete roller to create indentations that look like brick or stone, and those rollers can be costly. Concrete stamping mats are a more affordable option. These flexible pieces of rubber have embossed patterns. Stamp them on wet concrete and apply pressure. Lift the mat and repeat the process. 

  7. Resurface with pavers.
    How about resurfacing your patio with clay pavers? These bricks are hard-fired in a kiln, so they are extra-strong and can stand up to the harsh sun and inclement weather. Less expensive than stone, clay pavers cost more than concrete pavers. 

Although all these projects are relatively inexpensive, you can obviously spend more on some than others. So if cost is a factor, then you may want to go with simple painting or staining.

Once you're done with your new floor, it's time to think about decorating. You might start with a weather-resistant outdoor rug, perhaps in the dining area. Decorate with flower boxes or containers of flowers that can change with the season and move indoors when it's cold. Hang up strands of lights. Add a water feature, which could be a fountain with plumbing or a self-contained model that runs on electricity and recirculates the water.

Let your creativity and inner interior decorator run wild as you think up ways to jazz up that formerly dull space and make it shine.

Have you made some updates to your outdoor living space? Show us some pictures in the comments! 


Sweet Summer Treats

Sweet-Tart: Refreshing & Lemony Recipes for Summer

Summer is here, and it's time to celebrate all things lemony! These refreshing treats are sure to please at your next get-together.


Frozen Raspberry Yogurt Lemonade Pops

  • 1 can (12 oz.) frozen lemonade concentrate
  • 1 c. water
  • 1 c. fresh raspberries
  • 1/2 c. plain yogurt
  • 10 ice pop molds

In a saucepan, heat lemonade concentrate & water over medium heat just until the concentrate is thawed. Remove from heat & cool. In a blender, place 3/4 c. of the cooled mixture, 1/2 c. of the raspberries, & 1/4 c. of the yogurt. Blend on medium until smooth. If you don't like the seeds, press this mixture through a small strainer to remove them. Divide the mixture among ice pop molds & freeze slightly.

Distribute the remaining raspberries in molds. Combine the remaining lemonade mixture & yogurt and spoon evenly into molds. Return to freezer until firm, about 4 hours.


Perfect Lemonade

  • 1/3 c. sugar or 2/3 c. agave
  • 1 c. freshly squeezed lemon juice
  • 7 c. water

Mix well. Serve over ice with a lemon wedge garnish.


Lemon-Lime Spritzer

  • 1 liter lemon-lime soda
  • 4 limes, cut into wedges
  • frozen cherries
  • fresh mint leaves

Mix ice, soda & sliced limes. Add cherries & garnish with mint leaves. Serve immediately.


Adult Lemonade

  • 1 shot El Patron Tequila
  • 1/4 shot Grand Marnier
  • 4 oz. beer
  • 4 oz. lemonade
  • ice
  • strawberries for garnish

Mix together and serve immediately


Strawberry Lemonade Icebox Pie

  • 1 9" graham cracker pie crust
  • 2/3 c. frozen lemonade concentrate
  • 1 can (14 oz.) sweetened condensed milk
  • 1 c. heavy whipping cream
  • 3 Tbsp. powdered sugar
  • 1 c. strawberries
  • 3 Tbsp. honey
  • 1 Tbsp. water

 In a blender or food processor, blend strawberries, honey, & water until pureed. Set aside. In a separate bowl, mix lemonade concentrate with sweetened condensed milk until combined. Set that aside, too.

With a mixer, whip heavy cream until soft peaks form. Add powdered sugar & whip until it stiffens. Gently fold into lemonade mixture. (The pureed mixture is still kept separate.)

Pour half the strawberry puree on the bottom of the crust. Top with lemonade filling, smoothing evenly. Spoon on the remaining puree in evenly spaced dollops and swirl with a toothpick or knife. Freeze at least 6 hours before serving. Store leftovers in the freezer.

What's your favorite summertime recipe? Tell us in the comments! 


Where to Order Huckleberry Dishes in Boise

Boise Huckleberry

The huckleberry is a versatile Idaho food that locals seek all year round in a variety of dishes – and our real estate agents want to introduce you to this local treat.

As the state fruit of Idaho, you can find a number of restaurants that use real, locally grown huckleberries in their dishes near Boise homes for sale. Not only that but greenhouses and garden centers throughout Idaho often have mature huckleberry plants that you can transplant right into your own backyard.

Let's check in with some of the places where you can sample this beloved berry:

  • Brunchette – 7135 West State Street, Garden City, ID 83714
    Not far from Garden City homes for sale, you'll find Brunchette, a place where you can enjoy brunch all day long. Known for its wide variety of specialty coffee drinks, handcrafted cocktails, and breakfast delights like "Benedict's Avocado Toast," Brunchette reinvents the mid-morning meal by using local, ethically sourced ingredients from small vendors and farmers throughout the region. You won't want to miss out on huckleberry pancakes!

  • Trillium – 245 South Capitol Boulevard, Boise, ID 83702
    Trillium astounds with its free valet parking and a chef-led menu that includes breakfast, lunch, and dinner from local, sustainable ingredients. Acclaimed for both "The Best Sandwich in Idaho" and "The Best Meatloaf in Idaho," among others, you can find Trillium on the lavish grounds of The Grove Hotel. There is also a full bar, and guests of the hotel can order from it directly for room service. Huckleberries are available fresh (in season) and in a variety of desserts.

  • Bardenay Restaurant & Distillery – 610 West Grove Street, Boise, ID 83702
    Bardenay Restaurant & Distillery bills itself as "the nation's first restaurant and distillery" and lives up to that reputation with its sterling service and inventive menu. Lunch and dinner provide everything one could want, including appetizers, satays, tacos, soup and salad combos, sandwiches, burgers, and a full range of entrees. There's even a dedicated kids' menu bursting with flavorful favorites for the little ones. Try the seasonal huckleberry compote with fresh fruits and greens.

  • Boise Pie Co. – 1216 North Orchard Street, Boise, ID 83706
    With a cheerful offer to "let us cook dinner for you," Boise Pie Co. is a leading name when it comes to the classic Idaho huckleberry pie. On top of the mouthwatering array of pies, you can also savor samples from the on-site bakeshop. Fresh treats are baked daily – the earlier you arrive, the better! Cheesecakes, cupcakes, bars, muffins, cobblers, crisps, and more are waiting for your visit. It should come as no surprise that huckleberry pie is a favorite here, but it is also used as a flavoring for cakes, tarts, and other baked goods.

  • The Brickyard – 601 Main Street, Boise, ID 83702
    The Brickyard is the vision of master chef Drew Leger, a Boise native who was educated at the BSU School of Culinary Arts. Since 2011, he has been offering fine cuisine at the restaurant, where even the appetizers have a distinct gourmet spin. From starters like parmesan truffle fries, seared tuna, and oysters Rockefeller to mains such as filet mignon, herb-crusted lamb chops, and elk tenderloin, The Brickyard creates a memorable culinary experience. Depending on the season, you can find huckleberries incorporated into salads, entrees, small-plate appetizers, and fresh desserts baked on site.

  • Delsa's Homemade Ice Cream & Restaurant 7923 West Ustick Road, Boise, ID 83704
    There's something extra special about homemade ice cream during the hot summer months. And at Delsa's Homemade Ice Cream & Restaurant, you can enjoy a satisfying meal finished off with their locally made ice cream, still produced in small batches using Delsa Walton's original recipe from 1961. There might not be anything better than a fresh huckleberry shake, or dish of huckleberry ice cream made the old-fashioned way!

The local cuisine is just one of the many perks of living in the Boise area. Contact us to find out more about what Boise has in store.


Financial News from Idaho Central Credit Union



High Inflation Leads to Reduced Mortgage Applications

In recent months, high inflation (and higher mortgage rates) took a large toll on mortgage application volumes. Now, they've dropped to the lowest levels in 22 years. The rate hike has been implemented to fight against high inflation. According to the latest data from the Mortgage Bankers Association (MBA), average 30-year fixed rates rose 2.0% higher year over year.

Purchase applications are down 21% from last year at this time. Applications to refinance a loan have plunged a shocking 75% from one year ago. This year, MBA forecasts total mortgage originations to decline over 35% lower than last year. Analysts attribute this to the massive decline in refinancing.

High Inflation

Inflation remained the focus for investors this week, and the latest readings came in stronger than expected, at or near the highest levels in decades. The European Central Bank also revealed a more aggressive stance to fight inflation. As a result, mortgage rates ended the week higher.

As an inflation indicator, Consumer Price Index (CPI) looks at price changes for a broad range of goods and services. Core CPI excludes the volatile food and energy components and provides a clearer picture of the longer-term trend. In May, Core CPI increased 6.0% higher than a year ago. As a result, Core CPI decreased from an annual rate of increase of 6.2% last month. However, CPI hovers far above the readings around 2.0% seen early in 2021.

Supply & Demand & Inflation

As the economy has steadily recovered from the pandemic, strong consumer demand, supply constraints, and surging commodity prices have pushed prices much higher for a wide range of goods and services. The conflict in Ukraine and the recent shutdowns in China due to COVID-19 have worsened shortages for many key items.

Over time, supply chain disruptions will ease, and Fed tightening will reduce the pressures from high inflation, but it is not clear how quickly this will occur.

European Interest Rates

At its meeting on Thursday (6/9), the European Central Bank (ECB) announced that it intends to raise interest rates by 25-basis points at its next meeting in July. It also plans to hike rates again in September by either 25 or 50-basis points depending on whether prices show signs of easing by then.

One primary reason for its monetary policy tightening is that inflation in the eurozone reached a record high in May. The ECB also significantly raised its forecast for annual inflation for 2022 from 5.1% to 6.8%. 


We understand that no two paths to buying a home are the same. Whether you're a first-time homebuyer or a seasoned real estate mogul, we have a variety of products and loans designed specifically to meet your needs. We offer local underwriting and fast approvals to save you time and money. We have options for down payments and additional resources like our Finally Home! online program to help guide you through the home buying process. Contact one of our home loan specialists to discuss your options today!



Ada County Home Prices Up, Sales Down in May

From our Friends at Boise Regional REALTORS®

Ada County Home Prices Rose Again in May

The median sales price for homes in Ada County reached $602,250 in May 2022, an increase of 16.1% compared to the same month last year, and a new record for the county.

As we saw in March and April, higher prices in the new construction segment contributed to the overall price jump. New home sales made up 28.2% of all sales in May with a median sales price of $639,105, up 17.5% from last year. Home prices also rose to a new record in the existing segment with a median sales price of $586,750, a gain of 16.0% over last year.

There were 894 closed home sales in May 2022, a decrease of 5.8% compared to May 2021, and the third month of consecutive year-over-year declines.

While continued price growth is somewhat puzzling when national economists are predicting a slowdown in prices and sales due to higher mortgage rates and home prices, the data is also beginning to show signs of a shift when it comes to pending sales or properties with an accepted offer that are expected to close within 30-60 days.

In Ada County, there were 1,446 pending sales in May, down 12.7% compared to the same month a year ago. Pending sales have declined year-over-year each month since May 2021.

"Pending contracts are telling, as they better reflect the timelier impact from higher mortgage rates than do closings," said Dr. Lawrence Yun, NAR's chief economist. Referring to the national sales data as a whole, Dr. Yun noted that, "The latest contract signings mark six consecutive months of declines and are at the slowest pace in nearly a decade."

Competition in the market waned some compared to a year ago. Existing homes that closed last month spent an average of 11 days on the market, compared to eight days in May 2021. Additionally, 50.7% of buyers paid over list price, resulting in an average original list price received of 100.9% for existing/resale homes in May 2022, compared to 105.0% in May 2021.

Agents are used to fielding questions about what's happening in the market, and today's market is no exception. Higher rates, price growth, and economic uncertainty are top of mind. but prospective buyers will have more options than have been available in over two years because of the increases in housing inventory we've seen in recent months. On the flip side, sellers have continued to receive great values for their homes.

Whether you're ready to buy today or would like to purchase within the next two, five, or even ten years, work with trusted advisors to make a plan to reach your goals. Taking important steps today, such as improving your credit, researching down payment programs, and saving for your down payment in a tax-sheltered savings account can really make a difference when you're ready to make a move.

To view the Treasure Valley homes currently for sale, CLICK HERE.


Considering a Remodel? Some Tips to Get You Started

How to Choose a Contractor for Your Remodel Projects

Delta Media Group

Homeownership is an exciting time — one filled with many new possibilities and experiences. One possibility that has the potential to elevate your home to the next level is a remodel. Remodeling can transform your space into something more functional by better reflecting your lifestyle and adding value to your home. However, your dreams of the perfect renovation project can turn into a nightmare if you don't do your homework. To have a successful remodel, you need the right contractor.

It's understandable to want the best person for the job but finding that person often involves a number of factors like availability, cost, and areas of expertise. The best way to choose a remodeling contractor is to do your homework and take steps to ensure that you find an ideal match for your project.

Ask around or research

If you have a friend or neighbor who has a remodel you like in a room/area you're looking to work on, too, it can be helpful to ask them who they used. You can also ask around your network of people — i.e., friends, family, business partners, or your real estate agent—to get recommendations for remodeling contractors. Once you have a list created, make your own as well by researching resources like Google, Angie, the local Better Business Bureau, and other online places that give you the names of local companies. Weed out any contractors with consistently poor reviews or contractors that don't specialize or have experience in the space you want to remodel.

Look deeper into credentials and projects

Most contractors have a website. Take the time to look at what credentials they may have and if they are current. See if they have pictures of their work as well. You can begin to get a feel for which contractors are more your taste or that have the knowledge necessary for your remodeling project.

Interview possible contractors

The next step once you have fine-tuned your list to a few favorites is to call and schedule a time to meet and talk about the project. Consider both the phone and in-person meetings an interview. It's your chance to ask about experience, find out about their knowledge and skills, and see if you mesh. Like any job interview, you'll be able to get an overall sense of who you're getting. There are also some things you'll want to ask them or have them do, including:

  • Itemize your bid
  • Ask how long they have been in business
  • Determine who their main suppliers are and who will be in charge of the site/project
  • Find out if the pricing is an estimate or a fixed price.

Check references

Even if you've done all your online research and read all the reviews, nothing is as effective as talking with someone who has worked with your prospective contractor. You may find out things you didn't think to ask, and it can give extra assurance that you're making the right choice.

Put it in writing

The last thing you'll want to do when you've made your choice is to put it in writing. This is a great way to keep all parties on the same page and safeguarded. 

Homeownership means making the decisions; it's your house, and you get to choose who remodels it. For the best remodeling experience, by taking your time and the correct steps, you're more likely to find the right person for your project. Not only will it save you time and money, but it will also get you the home of your dreams.


Financial News from Our Partners at Idaho Central Credit Union



Mortgage Rates Steady at Long-Term Highs Ahead of Fed

MAY 3, 2022 - Mortgage rates hit their highest levels since 2009 yesterday amid the fastest spike since the early 1980s.  Today's rates were very similar on average, but the bond market left some room for mortgage lenders to offer improvements during the day.  A few of them did, but bond gains evaporated in the afternoon, resulting in rates returning back to long-term highs by the close.

As for motivations, today's volatility wasn't overtly connected to any individual root cause.  The best cases for correlation surround the big picture.  There, the obvious motivations continue to be inflation and the Fed's attempts to address it.  We'll get the latest dose of Fed strategy confirmation in tomorrow's (5/4) official policy announcement and press conference.

The Fed is widely expected to hike its policy rate by 0.50%, but it's important to understand this has nothing to do with the average mortgage.  The mortgage market adjusted for this probability long ago, and even then, mortgage rates are based on longer-term bonds whereas the Fed Funds Rate dictates loans that last less than a day.  Sometimes overnight rates and long-term rates correlate, but their performance varies so much over time that it makes no sense to infer any impact on mortgages from changes in Fed Funds.

Of more consequence will be the way the Fed implements its balance sheet normalization plans.  These are just fancy words to say the Fed will soon be buying even fewer bonds.  This bond buying has a far more direct effect on mortgage rates, but here too, the market widely expects the Fed to make this announcement tomorrow.  There are a few subtle options for the Fed to deliver the message in a way that helps or hurts rates, however.  Depending on which path the Fed chooses, rates could make bigger moves tomorrow, for better or worse.

Residential Building Continues to Dominate Construction Spending

Total construction spending continues to roar ahead of its 2021 pace, led again in March by another double-digit increase in the residential component. The U.S. Census Bureau says the investment in all types of construction was at a seasonally adjusted rate of $1.731 trillion in March, an 0.1 percent gain compared to February and up 11.7 percent year-over-year. So far in 2022, there has been a total of $376.337 billion spent, a 12.0 percent growth compared to the first three months of last year.

Spending in the private sector increased 0.2 percent from February to March at an annual rate of $1.380 trillion. The residential share of that spending rose 1.0 percent month-over-month compared to a gain of 0.7 percent in February. The annual rate in March was $88.045 billion, up 18.4 percent compared to March 2021. The non-residential component fell 1.2 percent from the prior month but is still 8.5 percent higher than in March 2021.

Na Zhao, an analyst for the National Association of Home Builders (NAHB) said the monthly growth in residential spending came from new single-family construction at $472.6 billion a 1.3 percent increase from February and 18.5 percent year over year while multifamily spending slipped 0.5 percent. Spending on home improvements also rose 1.1 percent for the month.

Zhao says NAHB's construction spending index illustrates the solid growth in single-family construction and home improvement from the second half of 2019 to February 2020, when the pandemic hit, and the quick rebound since July 2020. New multifamily construction spending has picked up the pace after a slowdown in the second half of 2019. However, he says home building is still facing supply chain issues, which means the industry is dealing with rising material costs as well as ongoing labor shortages.

Residential spending jumped by nearly $11 billion on a non-adjusted basis in March and year-to-date spending is up 18.8 percent from last year. The gains were again disproportionally in single-family building, up 19.8 percent during the first three months of 2022 while there has been only 5.0 percent growth in multifamily construction spending.

Public sector spending slowed 0.2 percent from February to an annual rate of $350.816 billion, a 1.7 percent annual increase. YTD spending is up 0.7 percent compared to 2021.


We understand that no two paths to buying a home are the same. Whether you're a first-time homebuyer or a seasoned real estate mogul, we have a variety of products and loans designed specifically to meet your needs. We offer local underwriting and fast approvals to save you time and money. We have options for down payments and additional resources like our Finally Home! online program to help guide you through the home buying process. Contact one of our home loan specialists to discuss your options today!



Doers of Good: Benefiting The Women & Children's Alliance

Doer of Good: Abigail Gibson

The Coldwell Banker Tomlinson #DoersOfGood program is designed to shine a light on the givers in our real estate family, and, by doing so, encourage others in our community to help wherever they can.

We were pleased to wrap up April by telling you a bit more about our #CBTDenimDay efforts to help The Women's and Children's Alliance in Boise. Throughout the month, sold #CBTDenimDay buttons to our agents and staff in an effort to raise money and awareness for the WCA.

Abigail Gibson, a Realtor® in our Meridian office, has been a volunteer at the WCA for many years and suggested we make Denim Day the focus for our April #DoersOfGood program to assist worthy organizations in our community. April is Sexual Assault Awareness Month, and Denim Day is designed as a visible means of protest against victim-blaming and sexual violence. The WCA works to both protect and assist those in abusive situations and educate the public about how to stop the cycle.

"I have had the privilege of volunteering for years," Abigail explains. This has resulted in "many memorable hours spent, showing the change I want to see in our community! The second chance that these women and children can have through the WCA...for a fresh start in life and the opportunity to raise their children with the morals, values, grace, unconditional love, kindness."

The WCA has a rich history in our valley. Since 1910, the WCA has provided safe housing for women and children. In the last 40 years, the focus has been narrowed to provide shelter and supportive services to individuals impacted by domestic violence and/or sexual assault. These services are provided at no cost and span a four-county (Ada-Canyon-Elmore-Boise) service area representing 30% of the population of the state of Idaho.

Since its founding, the WCA's crisis program has evolved into one of the most vital, unduplicated, comprehensive programs in our community and region. The WCA has been at the forefront of providing services to women, men, and their children healing from domestic abuse and sexual assault. Providing safe places for women and children to live has always been at the core of their mission.

Abigail says, "It's difficult to see such need for the resources that the WCA provide, yet incredibly rewarding to see the women share their personal stories of recovery and a fresh start through the fundraising that I have been able to assist in. I loved that they were able to open a second shelter along with dedicating a purple ribbon police car to Ada County!"

The work done by the WCA, their volunteers, and our community will, Abigail believes, "result in such positive change for our future generations."

To learn more, or to donate to the WCA, visit  



Join us in celebrating our Doers of Good by getting involved in one of the programs we will spotlight over the next several months or tell us in the comments below about what lights your fire when it comes to making our communities better. 


Are You Being Spammed? Tips to Protect Yourself


Spam 101

From Our Friends at Integrity Computer Consulting and Repair

Technology scams are running rampant right now, whether they come by email, phone call, and now text messaging. We have had several customers reach out about texts that look to be from their bank asking to "verify information." Be vigilant when dealing with any communications via phone call, email, or text that regard any exchange of money or "verifying" any account information with a link or number to call.   

Our recommendations are as follows:

You can use your cell phone carriers' built-in number blocking on your phone to stop unwanted calls or texts from specific numbers; you can also block offending email addresses in your email account. But with any sort of fraud, scammers often use hundreds of thousands of phone numbers and emails and move very quickly onto the next.  This makes permanent blocking hard.  

To really have an impact, we recommend reporting the offending communication to the FTC.  This can be done online at:

A few rules of thumb for spam calls, texts, and emails:

  1. Do not engage spammers.  When you answer or respond, you are showing the scammer, spammer, or robo-system that your phone number or email is "live". It is then put on a live numbers list that is sold over and over and the calls/texts/emails will continue infinitely.
  2. Do not answer calls from numbers you do not recognize. This one is hard for agents, but if it is important or a legitimate call, they will leave a voicemail or text you. 
  3. Do not answer texts from numbers you do not recognize
  4. Get into the habit of regularly entering and labeling known clients, colleagues, friends, family, etc. as contacts in your phone and email.
  5. Do not answer unsolicited or out-of-the-ordinary texts from numbers you do recognize.  The number could be spoofed to fool you. Instead, call the number you have in your contacts (not from the text or email) for the person texting you and verify via phone call that they sent the text.
  6. Do not click on links in texts or emails that you are not expecting from anyone that you do or do not recognize unless you have verified with the actual sender via phone call or in person.
  7. Do not open emails, download any attachments, or click on links in emails from senders you do not recognize.
  8. Do not download any attachments or click on links in unsolicited or suspicious emails or texts from senders you do recognize. Their email may have been hacked or their number spoofed.
  9. TRUST YOUR INTUITION.  Slightest question of authenticity?  Feeling of distrust? Major red flag? Do not ignore these feelings.
  10. COMMUNICATION IS KEY. If a text or email seems weird, out of character, just a slight bit off? We recommend that you call the person/company/bank to verify the contents of an email or text, or ask a trusted professional.

If you have any questions about a suspicious email, call, or text, feel free to contact our office via phone 208.288.4345 or email


Fed News from Our Partners at Idaho Central Credit Union



Fed Guidance Indicates Rapid Plans to Reduce Their Bond Portfolio

This week, investors awaited the latest Fed guidance. With last month's surprises from the Federal Reserve, Fed officials plan to reduce their bond portfolio more quickly than expected.

This news generated a negative impact for mortgage rates. Thus, mortgage rates rose to their highest levels since late 2018.

Fed Guidance Indicates Rapid Pace

To review, the Federal Reserve loosens monetary policy to boost the economy during periods of weakness such as after the start of the pandemic. By contrast, when the economy exceeds a certain capacity, the demand for goods and services becomes so strong that prices must rise to balance supply and demand, eventually forcing the Fed to tighten. The challenge is to implement the optimal level of tightening. This restrains economic growth just the right amount to bring down inflation without causing an undesirable recession (a soft landing).

Adjusting the federal funds rate and the size of the bond portfolio are the two primary tools used by the Fed to achieve its goals. Two weeks ago, the latest Fed guidance provided fairly precise insight on the projected pace of rate hikes. This week, they revealed their bond portfolio plans. In short, officials expressed more concern about upside risks to inflation than downside risks to economic growth.

Meeting Minutes Reveal Latest Fed Guidance

On Wednesday, March 16th's Federal Reserve meeting minutes indicated that the Fed plans to allow its holdings of Treasuries and mortgage-backed securities (MBS) to decrease by up to $95 billion per month. Overall, this reveals a faster than anticipated pace, likely beginning in May. The split comes down to $60 billion in Treasuries and $35 billion in MBS, phased in over three months.

For months, investors awaited this Fed guidance. While these quantities are quite large on a historical basis, they must be viewed in the context of nine trillion dollars of total bond holdings, double the levels held prior to the pandemic. Since mortgage rates are largely based on MBS prices, the reduced outlook for Fed demand for mortgage-backed securities. Conclusively, mortgage rates moved higher.

ISM Shows Expanding Service Sector

Aside from the Fed guidance, the most significant economic indicator released this week stemmed from the Institute of Supply Management (ISM). The latest data remained at a high level by historical standards. In fact, the national service sector index for March rose to 58.3.

Levels above 50 indicate that the sector is expanding. Readings above 60 are rare. Currently, investors watch to see how much consumer spending shifts from goods to services.

Looking Ahead After Most Recent Fed Guidance

After the most recent Fed guidance, investors look for additional Fed guidance on the pace of future rate hikes and balance sheet reduction. Also, investors continue to closely follow news on Ukraine.

Beyond that, the Consumer Price Index (CPI) released on Tuesday (4/12). Investors widely follow CPI because it looks at the price changes for a broad range of goods and services. Retail Sales come out on Thursday. Since consumer spending accounts for over two-thirds of U.S. economic activity, the retail sales data indicates growth.


We understand that no two paths to buying a home are the same. Whether you're a first-time homebuyer or a seasoned real estate mogul, we have a variety of products and loans designed specifically to meet your needs. We offer local underwriting and fast approvals to save you time and money. We have options for down payments and additional resources like our Finally Home! online program to help guide you through the home buying process. Contact one of our home loan specialists to discuss your options today. Click on the image below to connect!


Home Prices Continue to Rise

From our Friends at Boise Regional REALTORS®

Ada County Home Prices Reach Another New High in March

The median sales price for homes in Ada County reached $575,000 in March 2022, an increase of 22.6% compared to the same month last year, and a new record for the county.

This jump was driven primarily by the new construction segment — accounting for nearly a third of all sales in March — which saw a median sales price of $606,050, up 31.5% from last year. The median sales price for existing/resale homes was up 16.7%, reaching $555,000.

Many economists are predicting that the increase in mortgage rates will eventually temper home prices, but it's hard to say to what extent, and if inventory will still remain the biggest factor in local home prices.

Fortunately, inventory has been increasing in recent weeks, with levels up 103.1% from the same time last year. More inventory is definitely good news for buyers, but they will need to make quick decisions once they find something they're interested in since supply is still constrained.

The number of days on market for existing homes dropped to 15 days, on average, in March, down 34.8% from February. The 15-day average is the lowest since late last summer, which may be a sign that the spring market will once again be competitive.

Whether due to limits on affordability or willingness among buyers, existing homes that closed in March didn't sell for quite as much over list price as they did last year.

The percent of original list price received on homes in March 2022 was 100.8%, on average, compared to 104.1% in March of 2021. Another interesting finding was that fewer existing homes sold over list price this year than last year, with the share dropping from 58.7% in March of 2021 to 41.3% in March of 2022.

At first glance, it may seem odd that home prices have gone up so significantly when, on average, buyers are paying close to asking price. However, it's important to note how list prices are set. When a similar home sells, it can become a "comparable" property for future listings nearby; so, as homes appreciate, future asking prices tend to rise as well.

But the list price is just a starting point. Sometimes buyers pay more, and sometimes they pay less. Ultimately, a home sells for what the market determines its worth.

Although it may be tempting for sellers to price their home lower than what comparable data indicates to encourage multiple offers, it's important to remember that pricing low doesn't guarantee a bidding war and may not always be in the seller's best interest. On the other hand, setting an asking price that's higher than what comparable data supports may exclude a seller's property from some search results, potentially reducing the pool of prospective buyers. Using MLS data and market experience, a REALTOR® will provide you with a pricing and marketing strategy that's right for each property and situation.

To view the Treasure Valley homes currently for sale, CLICK HERE


Get Your Denim On for a Purpose


April is Sexual Assault Awareness Month. It's a difficult topic, no question.


Removing the stigma surrounding sexual assault and abuse, bringing the conversation to the forefront and out of the shadows, educating, speaking out, ending victim-blaming, and supporting survivors are the best defenses. So much has been done, with so much more to do.

It's worthy of our time. Of everyone's time. Here at CBT, we decided to act on one of our mottos – BE BOLD – and do what we can to help. For our April #DoersOfGood campaign, we're taking the message to all our offices and asking our Realtors®, staff, and managers to come together to support organizations in our areas who work hard to assist women in our local communities. We've asked them to purchase a #CBTDenimDay button, donate gently used professional clothing, and wear their jeans on April 27th, the 24th annual National Denim Day. 100% of the funds raised in each region, along with additional funds from CBT, will be donated to the corresponding organizations listed below. Clothing donations will stay local, as well. 

Denim Day grew out of an Italian Supreme Court decision overturning a rape conviction of an 18-year-old girl because she was wearing tight jeans. Since then, wearing jeans on Denim Day is a visible means of protest against victim-blaming and sexual violence.

The organizations we are coming together to support are:

Boise area:

Women's and Children's Alliance,

Spokane area:

YWCA – Our Sister's Closet,

Tri-Cities area:

Domestic Violence Services of Benton & Franklin Counties,


Lewiston YWCA,
Alternatives to Violence of the Palouse,

Idaho Falls area:

The Domestic Violence & Sexual Assault Center,

To help, the ask is simple: wear your jeans on April 27th and speak out. To learn about more ways you can help – or if you need assistance, visit one of the sites above.


Make Your Own Cleaning Products

DIY Products for Spring Cleaning

Sometimes it seems there is no end to house cleaning, and while there is no clear-cut answer for how to keep your home perfectly clean at all times, it might be surprising just how much you can do with a little baking soda and white vinegar.

Spot Cleaner for Carpet

  • After cleaning up any excess spill, sprinkle the carpet with baking soda or cornstarch. Let stand for 10 minutes and then vacuum.
  • Mix one tablespoon clear dishwashing liquid and one tablespoon white vinegar with two cups of warm water.
  • Using a white cloth, blot the stain with the vinegar solution.
  • Sponge with cold water and blot dry.

Oven Cleaner

  • Make a paste of baking soda and water.
  • Coat the oven (or just the dirty parts) with the paste and let stand overnight. Be sure to avoid the heating elements and bare metal.
  • Use a plastic spatula to remove the paste. (Wear rubber gloves.)
  • Wipe away any residue with a clean, wet sponge.

Grout Cleaners

  • Fill a spray bottle with equal amounts of white vinegar and water and generously spray the tile/grout. Let sit about five minutes.
  • Scrub area with a grout brush, or even a toothbrush.
  • Rinse with warm water.
  • If stains are more stubborn, mix a paste of baking soda and water and using your grout brush, work it into the grout.
  • Immediately follow with the vinegar spray. This should cause the baking soda paste to bubble.
  • Use your brush to finish cleaning.
  • Rinse with warm water.
  • For mold or mildewed grout, hydrogen peroxide is a gem. Spray it on the stain, let sit for a few minutes, and then scrub with your grout brush. You can even mix baking soda and hydrogen peroxide into a paste for a stronger clean. Apply the paste to the grout lines, wait a few minutes, scrub and then rinse with water.
  • NOTE: Do not apply vinegar to grout that has not been properly sealed.

Showerhead Cleaner

  • Carefully mix 1/3 cup baking soda with 1 cup white vinegar in a plastic bag.
  • Place the bag over the showerhead, submerging the head in the mixture; secure bag with rubber band or twist-tie.
  • Let soak for at least 3 hours.
  • Wipe clean.

 Window Cleaner

  • Mix together in a spray bottle: ¼ cup vinegar, ½ tsp natural liquid soap, and 2 cups water. Shake to blend.
  • Spray on windows and use newspaper to rub dry & clean, avoiding the window frames (newspaper can leave dark marks on the frames).


A Look Ahead with Coldwell Banker's Ryan Gorman

The Real Estate Market: Looking Back and Ahead

Recently, Coldwell Banker Tomlinson Realtors®, managers, and staff were honored with a visit from the President and CEO of Coldwell Banker Real Estate LLC, Ryan Gorman. Responsible for the operations that support our network of 94,000 real estate professionals in 3,000 offices in 43 countries across the globe, he made the trip from CB's New Jersey headquarters to speak with us about the wild ride that was 2021 and share his predictions about the state of our industry moving through 2022.

Though he foresees a continuation of a seller's market, he believes it won't be "the crazy, crazy" atmosphere we saw in 2021.  "Interest rates are ticking up which will slow things a bit," he said, but "inbound migration will continue to be strong, so it will be a long time before the market shifts."

When asked if he was surprised by the activity during the pandemic, he told us that though he did not predict the "nearly 10 years of appreciation in 18 months" in our area, Ryan said he wasn't surprised to see the market remain strong. Despite the economic downturn, "we had the most equity in homes that we had literally ever had (not on a percentage basis, but on an absolute basis), and we had tighter underwriting for almost 15 years by that point than we had almost ever had, so people had good opportunities."

Contributing to the history-making market, he noted, was that for the past five or so years our area has been named to list after list of best places to live, work, and raise a family, so as people were able to work, not only remotely, but more independently, they began to make good on the question if you could live anywhere, why not live somewhere great?  

In discussing the issue of low inventory, he is quick to point out that even buyers who have been in their homes two or three months may have equity that could propel them to look at selling to purchase something that better fits their dreams and goals and encouraged agents to inform their previous buyers what their homes are worth today. Buyers, he said, can leverage their equity to move more affordably to another neighborhood or city.

Recently named a "Real Estate Newsmaker" for 2021 and "Influencer" for 2022 by RisMedia, a highly respected real estate news and information service, Ryan says is most proud of Coldwell Banker's integrity. "Integrity is first. That's an easy answer. Coldwell Banker was founded on honesty and integrity, and that has lasted."

To learn more about Ryan's strategies for Coldwell Banker in 2022, check out his interview with Jordan Grice of RisMedia.

Search for your new home at


Idaho Central Credit Union Shares News from ECB



European Central Bank Meeting Blindsides Investors with Surprising New Decision

As investors eagerly awaited the European Central Bank meeting, the latest decision on inflation came as a blindside. Additionally, headlines about the conflict in Ukraine continued to cause volatility in mortgage markets this week. However, the headlines created a roughly neutral impact. Instead, the analysts primarily focused on growing concern regarding rising inflation. Thus, mortgage rates ended the week higher.

European Central Bank Blindsides Investors

Faced with skyrocketing prices and the conflict in Ukraine, the European Central Bank meeting led to a very difficult decision. At Thursday's (3/10) meeting, bank officials chose to prioritize lower inflation over economic growth. In doing so, they announced that it plans to end its bond purchase program in the third quarter.

Investors were left stunned as this is much earlier than expected. ECB President Lagarde acknowledged that the conflict in Ukraine will have "a material impact on economic activity." Having said that, resident Lagarde also mentioned having little choice in tightening monetary policy to help bring down inflation.

European Central Bank Meeting Decision Comes as Reaction to Inflation

Analysts closely watch the Consumer Price Index (CPI) as an inflation indicator. CPI looks at price changes for a broad range of goods and services. Core CPI excludes the volatile food and energy components and provides a clearer picture of the longer-term trend. In February, Core CPI rose 6.4% higher than a year ago. Not only did Core CPI jump up from an annual rate of increase of 6.0% last month, it achieved its highest level since 1982. This may lead investors to see the justification of the recent news from the European Central Bank meeting.

There are many reasons why the annual core inflation rate has jumped from the readings below 2.0% seen early in 2021. These include a tight labor market, strong consumer demand for goods, and supply chain disruptions. Shortages for many items caused enormous cost increases, such as used car prices which are 41% higher than a year ago. Fed officials and economists debate how much the recent spike in inflation will subside as temporary factors caused by the pandemic are resolved.

JOLTS Report Shows Massive Job Openings

Aside from the European Central Bank meeting and inflation updates, the latest JOLTS report came out. By definition, the JOLTS report measures job openings and labor turnover rates. In fact, the latest data indicated that the labor market remains very tight. At the end of January, the economy experienced massive 11.3 million job openings. While this is down slightly from last month's record high, February 2022 added over 4 million more compared to January 2020.

A high level of job openings reflects a strong labor market. as companies struggle to hire enough workers with the necessary skills. A very large number of employees also willingly left their jobs in January. Analysts view this as a sign of labor market strength. Typically, people usually quit only if they expect that they can find better jobs.

Looking Ahead After the European Central Bank Meeting

After the European Central Bank meeting, investors continue to closely follow news on Ukraine. Beyond that, the next Federal Reserve meeting will take place on Wednesday (3/16). Investors widely expect a 25-basis point rate increase. In addition, investors seek additional Fed guidance on the pace of future rate hikes and balance sheet reduction.

Retail Sales also releases on Wednesday (3/16). Consumer spending accounts for over two thirds of U.S. economic activity. Therefore, the retail sales data indicates growth. Housing Starts comes out on Thursday (3/17).


We understand that no two paths to buying a home are the same. Whether you're a first-time homebuyer or a seasoned real estate mogul, we have a variety of products and loans designed specifically to meet your needs. We offer local underwriting and fast approvals to save you time and money. We have options for down payments and additional resources like our Finally Home! online program to help guide you through the home buying process. Contact one of our home loan specialists to discuss your options today!



Doers of Good: Practice Kindness Every Day

Extending Random Acts of Kindness Day

Random Acts of Kindness Day was last month, and many of our agents and staff marked the day by making an extra effort to help others. Rather than spotlighting a specific charity or cause in March, we asked, why can't this be every day? If each of us did one small thing to help a neighbor, a stranger, a co-worker, regardless of the day, think about the ripples of good that would spread throughout our communities!

On February 17th, National Random Acts of Kindness Day, agents and staff here at CBT surprised neighbors with yard cleanup, trash pick-up, and groceries. They paid for coffee and food orders for those behind them in the drive-through. One purchased lunch for a group of law enforcement officers in a restaurant. Still others opened doors, complimented clothing, and put shopping carts away.

Small or large, monetary or not, little kindnesses can change someone's moment, day, and, yes, life. Challenge yourself and those around you to do something randomly kind, not only one day a year, but every day.

We'd love to hear about your random acts of kindness! Share in the comments. Who knows what good you will inspire!


Join us in celebrating our Doers of Good by getting involved in one of the programs we will spotlight over the next several months or tell us in the comments below about what lights your fire when it comes to making our communities better. 


Economic Information from Idaho Central Credit Union



Inflation Surges to the Highest Level Since 1982

As inflation surges to the highest level since 1982, the mortgage market left investors stunned. For months, investors remained on edge regarding the inflation rate. On Thursday, the latest Consumer Price Index report hit them with a powerful one-two punch.

First, the CPI inflation report soared even higher than expected. Next, the Federal Reserve a very rapid pace of rate hikes to bring down inflation. As a result, mortgage rates climbed to the highest levels in over two years. Additionally, mortgage rates skyrocketed over 100 basis points higher than a year ago at this time.

Inflation Surges with Latest Consumer Price Index Report

Investors closely watch the Consumer Price Index (CPI) report. As an inflation indicator, CPI looks at price changes for a broad range of goods and services. Core CPI excludes the volatile food and energy components and provides a clearer picture of the longer-term trend. In January, Core CPI rose 6.0% higher than a year ago as inflation surges. Not only is this above the consensus forecast and up from an annual rate of increase of 5.5% last month, Core CPI achieved its highest level since 1982.

There are many reasons why the annual core inflation rate has jumped from the readings below 2.0% seen early in 2021. These include a tight labor market, strong consumer demand for goods, rising energy prices, and supply chain disruptions. Also, the long-term supply shortages caused enormous cost increases. For instance, the price of used cars, climbed 41% higher than a year ago. Fed officials and economists remain divided about how much the recent spike in inflation will subside as temporary factors caused by the pandemic are resolved.

Federal Reserve Rapidly Tightening Monetary Policy

As inflation surges, investors raised their expectations for the pace of Fed tightening this year. Later that day, Federal Reserve official James Bullard hit investors with unexpectedly hawkish (in favor of tighter policy) comments. Bullard said that he would "like to see 100 basis points in the bag by July 1," which would mean federal funds rate increases totaling a full point over the next three Fed meetings.

Investors again raised their outlook for the pace of rate hikes after the comments. Now, investors anticipate a 50-basis point increase instead of a 25 basis point increase at the next meeting on March 16th. Also, investors expect the Fed to scale back its bond purchase program more quickly. Since this will reduce demand for bonds, including mortgage-backed securities (MBS), mortgage rates rose on the news.


Looking Ahead After Inflation Surges to Highest Level Since 1982

After inflation surged to its highest level since 1982, investors look for additional guidance from the Federal Reserve regarding future rate hikes and its balance sheet reduction. Furthermore, investors continually monitor the status of the Omicron coronavirus variant.

Beyond that, Housing Starts come out on Thursday. Additionally, Existing Home Sales releases on Friday. Concurrently, the latest Retail Sales data also publishes on Friday. Because consumer spending accounts for over two-thirds of United States economic activity, the retail sales data indicates growth.


We understand that no two paths to buying a home are the same. Whether you're a first-time homebuyer or a seasoned real estate mogul, we have a variety of products and loans designed specifically to meet your needs. We offer local underwriting and fast approvals to save you time and money. We have options for down payments and additional resources like our Finally Home! online program to help guide you through the home buying process. Contact one of our home loan specialists to discuss your options today!



Doers of Good: Featuring The Idaho Humane Society

Doers of Good: Leah and Dave Morgan

The Coldwell Banker Tomlinson #DoersOfGood program is designed to shine a light on the givers in our real estate family, and, by doing so, encourage others in our community to help wherever they can.

Our February #DoersOfGood are a very special couple who have made it their mission to support animals in need. Leah and Dave Morgan, Realtors® and leaders of The Morgan Team at Coldwell Banker Tomlinson, work with the Idaho Humane Society doing whatever they can to help.  Leah provided this first-person account:

We have a long-time history of service AND loving animals and like many people, got especially involved when our daughter wanted to get involved as well.  We started with the Idaho Humane Society by fostering animals (cats and dogs) and started helping with the IDAPI (Inmate Dog Alliance Project of Idaho) where we helped bridge the gap between the now-trained dog "graduating" and the family introduction.  It is amazing to see a dog have a purpose, be well trained, AND become a family member! 

As we fostered dogs and cats, sometimes just for a few weeks while meeting possible new owners/family members and helping the dog have good manners with some light training and learning their "issues" and showing them kindness and some structure, we could literally SEE dogs learn they were safe and were going to be treated well. 

On occasion, we would get a call for an entire litter of kittens and their mama who needed a spot until the kittens were old enough to adopt.  We created the "cat" room in our house so we could quarantine them in their own comfy space.  In most instances, we loved every animal and loved the process of helping them find their furever families. When we didn't have fosters, we were happy to just go walk the dogs at the shelter! 

One particular cat that we fostered, an all-black cat, was not cuddly, wouldn't let us or anyone hold him, and over and over the families that came to meet him passed him by. He was very well behaved and rarely would get on the furniture, etc.  By month 13 of fostering him, we knew his quirks and decided to just adopt him ourselves.  That VERY night, he crawled up on the end of the bed and purred loudly – he KNEW he was home!  It turned out that he was our 13th foster animal, and we renamed him Sirius Black since he was much more like a dog!

We continue to support the Idaho Humane Society by doing the annual See Spot Walk, donating, and fostering whenever possible.  There are so many needs and areas the Humane Society can use our help – from doing laundry at the shelters to delivering supplies, fostering, and of course, adopting a new family member to make your home even more complete! I hope you consider making a donation to them today!

The Humane Society is solely run on volunteer efforts, donations, and fundraisers. The largest fundraiser is See Spot Walk.  We've been donating and participating almost every year since 2009 (and twice while on vacation!).  Donations help tremendously, not just money but things like towels, blankets, food, and supplies, and most importantly time walking the dogs, doing laundry, cleaning cages, sending info, staffing the front desk, delivering items, and fostering, to name just a few. 

When you think how much a furry friend completes the home and family for nearly 75% of Idahoans, it's no wonder the need is so great. 

Coldwell Banker fosters a culture of giving, knowing we are more than real estate agents and that community is in our nature. Being a "Doer of Good" and sharing #CBGoodNews reach far beyond real estate. This is the "good stuff" in life, why we want to give in multiple "causes" and believe that we all can make a difference beyond our expertise of buying and selling real estate. We are only as strong as our community, so it behooves us all to do everything we can.


To learn about The Idaho Humane Society and explore all the ways you can help, please visit


Join us in celebrating our Doers of Good by getting involved in one of the programs we will spotlight over the next several months or tell us in the comments below about what lights your fire when it comes to making our communities better. 


Increase in Home Prices Slowed in January

By Breanna Vanstrom, Chief Executive Officer, Boise Regional REALTORS®

Home Prices Rise but Rate of Growth Slowed in January

In January 2022, the median sales price for homes in Ada County was $540,000, an increase of 20.0% compared to January 2021, but a slight decrease of 1.1% from the month before.

While the actual median sales price continues to trend upwards, the rate at which it does so has been slowing in recent months. Throughout 2019, we saw fairly steady price growth, and in December 2020, it jumped above 20% year-over-year, reaching a peak of 45.3% in May 2021.

Since then, price growth has slowed, landing at 20.0% in January 2022 — by no means an insignificant year-over-year change, especially for prospective home sellers, but a welcome reprieve from the higher gains we saw last year, especially for prospective homebuyers.

Home price increases continued to be driven by insufficient supply compared to buyer demand — primarily fueled by population growth, migration trends, and increased purchase power due to historically low mortgage rates. The most recent uptick in demand came from people re-thinking how they live and work as a result of the pandemic, contributing to the competitive conditions that enabled the incredible price growth we've seen in the last year.

The metric used to illustrate the supply vs. demand relationship is Months Supply of Inventory (MSI), which takes the number of homes for sale divided by the average number of sales by month for the preceding 12 months. As of January 2022, Ada County was at just 0.3 months for existing homes and 1.0 month for new construction, meaning, if no additional homes were listed, the supply of homes would run out in a matter of weeks. A balanced market — not favoring buyers or sellers — is typically between 4-6 months of supply.

Even though buyer demand has been outpacing supply, weekly listing activity in 2022 has trended up, indicating that an increasing number of homeowners were ready to sell and cash in on the equity their homes have acquired over the last few years.

Listing activity in 2022 has so far been higher than the same period in 2021, but actual weekly listings were down compared to 2019 and pre-pandemic 2020. We'll be watching to see if future weekly listings of existing homes match or exceed those in previous years.

With low, but increasing, inventory, will we continue to see the fast market pace and multiple offer scenarios experienced in 2021? We can't say for sure, but so far Days on Market (DOM), the metric that measures the time between when a property is listed and when it has an accepted offer, has increased and normalized for existing homes.

Days on market for existing homes reached 33 days in January 2022, 18 days longer than in January 2021 and more in line with pre-pandemic levels in early 2020. This is good news for buyers as they may have a bit more time to make decisions and may not feel the need to waive contingencies when writing offers.

Additionally, the Percent of Original List Price Received for existing homes that sold in January 2022 was 97.3%, meaning that, on average, buyers paid less than asking through a lower accepted offer and/or seller concessions. In contrast, the Percent of Original List Price Received for existing home sales in January 2021 was 103.6%, indicating that, on average, buyers were paying more than asking price for homes.

It's hard to say whether these longer, healthier market times were due to increasing prices, increasing mortgage rates, or some combination of the two. While competition may have begun ramping up again, one thing is for sure — our market needs more inventory in order to be more balanced. Homeowners who are considering selling are encouraged to talk to a REALTOR® right away to learn more about thier options. With the appreciation in home prices, there may be more equity than a seller might think.

Other notable statistics from January 2022:

  • The median sales price for existing homes in January 2022 was $515,100, 18.4% higher than in January 2021. The median sales price for new construction in January 2022 was $588,945, 28.0% higher than a year ago.
  • There were 441 homes available at the end of the month — 63.9% more than in January 2021 — although still very low compared to buyer demand.
  • Of the 671 sales in the county, 457 were existing homes, an increase of 30.6% compared to the year prior. Overall sales (existing and new combined) were up 10.5% compared to January 2021.

To view the Treasure Valley homes currently for sale, CLICK HERE.



Celebrate Valentine's Day with a Little Trivia

Test Your Valentine's Day Knowledge

Happy Valentine's Day to you and yours!  Today is the day for love and romance, heart-shaped chocolates and candlelit dinners.

What do you really know about Valentine's Day? Here are some fun trivia questions to test your knowledge.

  1. When was the oldest-known Valentine's Day message written, and from where? 
  2. When was February 14th first declared as Valentine's Day? 
  3. Who invented the first Valentine's Day candy box? 
  4. What is the average number of marriage proposals on Valentine's Day each year? 
  5. How much on average is spent on chocolate in America for Valentine's Day each year? 
  6. How many roses are sold on Valentine's Day each year? 
  7. How many Valentine's Day greeting cards are purchased in the U.S. each year? 
  8. How many people typically purchase Valentines for their pets? 
  9. If you send a snarky insult on Valentine's Day, what kind of "greeting" are you sending?
  10. What year were the popular "conversation Sweethearts" not available?


Ready for the answers?

  1. The oldest-known Valentine was in 1415, sent by Charles, Duke of Orleans, to his wife from the Tower of London where he was imprisoned. 
  2. Valentine's Day was declared an official holiday in 1537 by King Henry VIII. 
  3. English entrepreneur and chocolate-maker Richard Cadbury created the first heart-shaped box of chocolates. 
  4. 220,000 
  5. It is estimated that over $1 billion is spent in the U.S. each year for Valentine's Day. 
  6. 189 million 
  7. Approximately 1 billion 
  8. 9 million 
  9. Insulting Valentine's messages are known as "Vinegar Valentines."
  10. The ever-popular "Conversation Hearts" were unavailable in 2019 after their manufacturer Necco declared bankruptcy in 2018. Thankfully, the Spangler Candy Company purchased the rights, and the candies returned in 2020.

    How'd you do? 

    Whether you are celebrating with your beau, your best friends, your pets, or your neighbors, we wish you a day full of love!


    Super Snacks for Super Bowl Gatherings

    Get Ready to Entertain with These Winning Snacks

    For the vast majority of Americans, Super Bowl Sunday is a national holiday. Big gatherings, team jerseys, and food. Lots and lots of food. In fact, according to Wikipedia, roughly 28 million pounds of chips are consumed just on this day. Add to that 1.25 billion chicken wings and 8 million pounds of guacamole! 

    Perhaps you're looking for some great ideas to add to the menu. Read on! 

    Artichoke Dip

    • 2 cans of non-marinated artichoke hearts
    • 1 c. mayonnaise
    • 1/2 c. sour cream
    • 1 can of diced green chilis
    • 1 c. shredded parmesan cheese

    Combine all ingredients in a small baking dish and bake for 20 minutes at 400°. Serve with tortilla chips.


    Dill Pickle & Ham Pinwheels

    • ½ lb. thinly-sliced ham
    • 4 oz. cream cheese
    • 4 large whole dill pickles

    Pat pickles dry with a paper towel. Cover each pickle with 1 oz. of the cream cheese & wrap with ¼ of the ham. Repeat with the remaining pickles & refrigerate for at least 1 hour. Slice into 1" pieces & enjoy!


    Tequila-Spiked Salsa

    • 2 c. chopped, seeded tomato
    • 1 c. chopped onion
    • 1/2 c. chopped fresh cilantro
    • 1/3 c. peeled, chopped avocado
    • 2 Tbsp. fresh lime juice
    • 2 tsp. tequila (optional!)
    • 1/2 tsp. kosher salt
    • 2 cloves garlic, minced

    Combine all ingredients & toss gently. Serve with tortilla chips.


    Buffalo Chicken Dip

    • 10 oz. chicken breasts, boiled & shredded
    • 2 (8 oz.) packages of cream cheese, softened
    • 1 c. ranch dressing
    • 3/4 c. (or more based on taste/preferences)
    • pepper sauce (e.g. Frank's Red Hot®)
    • 1-1/2 c. shredded cheddar cheese

    Place shredded chicken & hot sauce in skillet & heat over medium heat until heated through. Stir in cream cheese & ranch dressing. Cook, stirring until well blended & warm. Mix in shredded cheese & stir until melted. Transfer to the crockpot to keep warm & serve with tortilla chips.


    Oreo Popcorn

    • 20 Oreo cookies
    • 2 bags of microwave popcorn, popped
    • 2 c. white chocolate chips

    Place Oreos in a large Ziploc bag and smash. Heat white chocolate chips in microwave on high for 30-second intervals up to 2-3 minutes, stirring until melted. Mix popcorn & melted chocolate in a large bowl until well-combined. Slowly add the cookies & mix. Turn out on waxed paper until cool. Break into pieces & enjoy.

    After the big game, when you find yourself wishing for a media room or better entertaining space, give us a call. We will guide you to the perfect home!



    Should You Upgrade to Windows 11?


    Windows 11

    From Your Friends at Integrity Computer Consulting and Repair

    (If you own a Mac, this doesn't apply, your OS is updated yearly.)

    Many of us have seen the update for Microsoft's newest operating system (OS), Windows 11 come through on our laptop or desktop PC. Some of you have likely had it automatically applied.

    If you have NOT seen the update, your computer may be too old to upgrade. This is not a cause for concern!

    Anyone can stay safely on Windows 10 until its End of Life (EOL) date of October 14, 2025.

    And even then, Microsoft may offer extended support as they have done for all other operating systems before it.

    If you have seen the update, have you ignored it? You might be able to upgrade to Windows 11.  Most notably, the Windows update icon down by your clock won't go away and now has a blue dot on it (instead of an orange/yellow or red one) like this: 


    So should you make the jump to upgrade your current PC to Windows 11?   What will it do? What will it change? What will it break? Will it affect you much?

     The answer is, it depends. Like people on the planet, our computer environments are all different, unique. With each individual and different environment, the answer varies. It is complicated because no 2 environments are the same. But this time, Microsoft has given us tools to check.

    We recommend you take the following steps if you are prompted for the upgrade:

    1. Read about the upgrade. Is it for you?
    2. Check if your PC components can get the upgrade. Will it work for your computer?
    3. Decide if you want the upgrade or to stay on Windows 10

    (please call or email our office if you have any questions or need assistance doing any of the steps above and pictured below) 



    Our findings? Most of the PCs that have upgraded from 10 to 11 are working fine without many significant issues; however, if you have older software (QuickBooks and Quicken apply) or older peripherals like printers, wireless mice, keyboards, and speakers, they may not work with Windows 11.   We are finding that we have had to reinstall some printer and copier drivers and remap network drives. 

    If your computer is 2 years or newer, you have current software, you don't mind the change, and/or have the time/patience to learn Windows 11… upgrade.

    If you have any hesitations or concerns, please contact us before making the jump. Advances in technology can be both great and frustrating. We are here to help.

    Call our office (208-288-4345), or email us ( if you have any questions or need immediate assistance!


    Doer of Good: CBT Realtor® Theresa Laird

    Doers of Good: Theresa Laird

    We are proud to introduce our featured Doer of Good here in the Treasure Valley for January. Theresa Laird, a Realtor® in our Nampa office, sits on the Advisory Board for The Salvation Army's Nampa Corps. Begun in the 1870s, The Salvation Army is well-known around the world for its work assisting the vulnerable in our communities with shelter, food, utility assistance, afterschool care, youth programs, and more.

    Like most of us, Theresa says, "I've always known about The Salvation Army, but I didn't realize the amount of service they provide until I was approached to serve on their Advisory Board."  For the past four years, Theresa has used her connections as a respected real estate professional in the community to help in any way she can.  Through the Board, she works with, an online volunteer base to assist with ongoing projects, and has helped to organize food drives, ring-the-bell Red Kettle donations during the holidays, and Gala events to raise funds. At the beginning of the Covid pandemic, Theresa worked with her church to help supply 40,000 pounds of food to those in need.

    "Every day, there are people who struggle; there will always be someone in need," Theresa explains. "If helping just a little provides any kind of comfort, peace, or hope to another human being, then we must do that."

    When asked what being a #DoerofGood means to her, Theresa is quick to reply, "It means sharing your light by word and deed. We need to strengthen and support our community. No one can do it alone."

    She goes on to tell us that once while handing out food on a cold day, an elderly woman came to her and asked for a hug. "She had recently lost her husband and just needed another human to connect with. That's one reason I do this."

    She encourages others to get involved, to help wherever they can. "Whatever kind of service you have a heart for, try to put aside your political views and faith differences to come together for the greater good. Be a bridge-builder!"

    To learn more about ways you can help, visit


    Join us in celebrating our Doers of Good by getting involved in one of the programs we will spotlight over the next several months or tell us in the comments below about what lights your fire when it comes to making our communities better. 


    New Years News from Our Partners at Idaho Central Credit Union



    Mortgage Rates Rise to Kick Off the New Year

    The first week of 2022 saw mortgage rates rise. While numerous analysts predicted them increasing throughout the year, this week's reports pushed them to their highest levels since April 2021.

    Meanwhile, investors pushed up bond yields due to inflation concerns. Finally, Wednesday's Fed minutes indicated a hawkish report. The minutes indicated that the Federal Reserve remains in favor of tightening monetary policy. As a result, the United States sparked another round of bond selling.

    Mortgage Rates Rise After Fed's Purchase Program

    Starting off the report, the United States faced a rise in mortgage rates. Early in the pandemic, the Federal Reserve initiated a new bond purchase program. They started this program to help stimulate the economy. Given the progress of the recovery and the rise in inflation, the Fed launched its process of winding down that program. Also, the Federal Reserve stayed on track to conclude it around the end of March.

    With that in mind, investors sought guidance on the timing for additional tightening measures. Additionally, investors looked for insight into the timing of the federal funds rate increases. Lastly, investors hoped for information on the reduction in the Fed's massive portfolio of bonds that built upon its balance sheet throughout the purchase program.

    Fed Meeting Minutes Lead Mortgage Rates to Rise

    The sooner-than-anticipated reduction in federal demand for mortgage-backed securities, the first week of the New Year saw mortgage rates rise. With Wednesday's publication of the December 15th Federal Reserve meeting minutes, investors moved forward their expectations for these other tightening measures. Now, investors expect the first rate hike to take place shortly after the bond purchase program ends. Beyond that, investors anticipate two additional rate hikes prior to the end of 2022.

    In addition, all Federal Reserve officials expressed support for a reduction in the enormous balance sheet holdings of Treasuries and mortgage-backed securities (MBS). The current plan intends for this reduction to occur "at some point" after the first rate hike.

    Mixed Employment Report

    While the real estate market saw mortgage rates rise, the closely watched Employment report came out on Friday. Revealing mixed results, the economy gained just 199,000 jobs in December against a consensus forecast of 420,000. However, revisions added 141,000 jobs to the figures for prior months. These revisions offset most of the shortfall. Overall, the gains took place in a wide range of industries, led by the leisure and hospitality sectors. Now, the U.S. economy holds roughly 3 million fewer jobs than in February 2020, prior to the start of the pandemic.

    Aside from job gains, the rest of the report came out stronger than expected. The unemployment rate, which is based on a survey of individuals, declined from 4.2% to 3.9%. Thus, the unemployment rate fell below the consensus forecast of 4.1%. In doing so, the unemployment rate hit its lowest level since February 2020. Average hourly earnings, an indicator of wage growth, exceeded expectations. Concurrently, average hourly earnings climbed an impressive 4.7% higher than a year ago.

    Strong Manufacturing News

    With the mixed Employment report and strong manufacturing report, mortgage rates rose to start 2022. On the manufacturing front, the Institute of Supply Management (ISM) released a couple of significant economic reports this week. As expected, the National Services Sector Index and National Manufacturing Index remained at high levels. First, the Service Sector Index reached 67.6. Then, the National Manufacturing Index hit 58.7. Levels above just 50 indicate that the sectors are expanding. Also, readings above 60 are rare.

    To date, supply chain issues still greatly impact manufacturing companies that produce goods. On the other hand, service-based companies, such as computer programming and banking, face less of an impact.

    Looking Ahead After Mortgage Rates Rise

    After the rise of mortgage rates, investors closely follow news on the Omicron variant. In addition, investors look for additional Fed guidance on the timing for future rate hikes and balance sheet reduction.


    We understand that no two paths to buying a home are the same. Whether you're a first-time homebuyer or a seasoned real estate mogul, we have a variety of products and loans designed specifically to meet your needs. We offer local underwriting and fast approvals to save you time and money. We have options for down payments and additional resources like our Finally Home! online program to help guide you through the home buying process. Contact one of our home loan specialists to discuss your options today!



    5 Ways to Improve Your Home in 2022

    Home Improvement for the New Year

    January is a good time to reflect upon the year, your wins, losses, and any lessons learned. Every new year brings with it possibilities to improve. It offers you a chance to reinvent yourself, and if you're in the market for a new home, our real estate agents can help you start the new year on a high note by helping you find your dream home.

    Most people vow to exercise, save money, or spend more time with family. Few people remember to set goals to get their homes in shape. Let's look at some New Year's resolutions you can set for your home and how you can go about bringing them to fruition.

    • Declutter and Streamline
      Why wait for spring to declutter? Decluttering is one of the best ways to start the new year. And the best part is you get to feel instantly better about your home. Plus, a decluttered home is so much easier to look after and maintain. Decluttering an entire home is a big job. The best way to tackle the task is going room by room. Contrary to popular beliefs, you don't have to start with the hardest areas. Heading straight into the attic or garage could dissuade all your clean-up efforts. Once you're done decluttering your home, you can declutter other aspects of your life, too, like your digital life and your mind.

    • Reduce Your Energy Use
      Here's a resolution that helps you reduce your carbon footprint and save money. Installing a solar water heating system isn't the only way you can go green. Small things like switching traditional light bulbs with LEDs and getting a smart thermostat could drive your electricity costs down while helping conserve the environment.

      ​​​​​​​Changing your energy consumption habits could also lower your utility costs. Some practices that could help you trim your energy use include:
      • Switching off your appliances when they're not in use
      • Reducing appliance and water use whenever possible
      • Utilizing natural light
      • Buying appliances with a good energy rating
      • Recycling properly

    • Conduct a Safety Check
      Your house may be beautiful, but is it safe? Make a habit of regularly checking your smoke and carbon monoxide detectors and replacing the batteries. Repair and replace loose or frayed wires on all electrical devices and have an expert inspect your electrical system for any faults. If you have a pet, you should consider pet-proofing your home. Pets cause over 1,000 house fires each year. Pet proofing will protect your beloved furry friends as well as your home.

    • Improve Ventilation
      Prolonged exposure to polluted air can lead to respiratory conditions and diseases. Use your HVAC system as the first line of defense, and make sure to regularly change your furnace and AC filters. Plus, ensure your kitchen has enough ventilation to get rid of smoke and cooking fumes.

    • Invest in Home Improvement Projects
      Home makeover ideas don't have to involve knocking down a wall or adding square footage. DIY projects are a fun and creative way to spend time with your family and make memories, all while transforming your house into the haven you've always desired.

    Nothing beats the feeling of finally moving into your own home. Contact us today so we can help you find your perfect home among our Boise area homes for sale.


    Tech Resolutions for 2022


    2022: New Tech Habits

    From Your Friends at Integrity Computer Consulting and Repair

    A few ideas and some new, some old - tried and true… start 2022 with some new tech practices! 

    1. Backup, backup, backup! Whether you rotate a flash drive or hard drive, or use an online/cloud backup service, backing up and checking that backup is critical.  Irreplaceable or important family photos/documents/files? Back up to the cloud.
    2. Set a reminder every week to perform general tech maintenance: check your backup, scan for malware, apply any waiting updates (Macs, PCs, and phones), organize files into folders, clean off your desktop, physically wipe down and clean your devices, etc.
    3. Turn on multi-factor (MFA) or two-factor authentication(2FA) everywhere you possibly can.
    4. Set a reminder every 90 days to change passwords on important accounts that do not have MFA/2FA and to remove unused apps from your phone.
    5. Stop saving passwords on important sites to your internet browsers (Chrome, Edge, Firefox, etc.) and start writing them down.
    6. Groom email inboxes daily. Mark messages as junk or spam, delete unimportant items, organize the important ones, and check your spam filter for messages that are legitimate.
    7. Start a dummy email account for spammy stuff.
    8. Log out of sites, close internet tabs, and save and close documents before leaving work or going to bed. Updates, power outages, and hardware failures happen.
    9. Take time away from your screens. Do other office tasks, chores at home… give your eyes and body a break from the blue light, scrolling, and/or typing.
    10. Silence, distance, or power off your devices when not in use to not only give yourself a break from 24/7 availability, but to prolong device lifespan and pause analytics being gathered when on or in use.
    11. Be careful with "smart" devices - is having any essential home function like door locks, outlets, or thermostats connected to your Alexa or Google Assistant necessary?
    12. Stop paying for PC antivirus software and uninstall any free versions; Windows has built-in antivirus and any other programs usually end up causing performance and permissions issues.  (Anti-malware software is different and recommended, even for Macs; their free versions work well.)
    13. Protect your privacy on social media accounts. Review your privacy settings frequently as social media platforms are always making changes. Make friends lists private, remove your location information, tighten privacy on photos and albums, don't use Instagram or Facebook to log in to other accounts, and log out and log in correctly especially on shared devices.
    14. Protect your personal information on any platform, when in doubt, OPT OUT.  From signing up for grocery loyalty rewards to online newsletters (see #7), clicking on ANY link in an email or filling out an online form. Is the hassle of 10 emails a day from a retailer AND THEN all the spam from your email being sold over and over worth that 10% savings on your first order? Is saving 40¢ once a month on a gallon of gas worth all the dead phone line or car warranty renewal phone calls?
    15. Think twice about clicking things (buttons, links, pictures)!

    Things to never click:

    • Emails links that ask you to change any password
    • Email links that ask you to verify any account credential
    • Email links that ask you for money for any reason
    • Email attachments you were not expecting
    • Malicious pop-ups about a virus or sweepstakes winning that covers your screen

    And take a pause before clicking on things like sponsored articles or ads on Facebook, Instagram, or in news stories, or links in email for a story, cool new gadget, sale, discount, sweepstakes, etc. Is the chain reaction that click is going to cause worth it?

    Lastly, sometimes low tech is the best tech. Technology comes with a lot of learning, understanding, and maintenance. Sometimes, just doing things "the old-fashioned" way is the easiest and most secure.

    Please call our office (208-288-4345), or email us ( if you have any questions or need immediate assistance!


    Introducing Doers of Good: CBT's Culture of Giving

    Doers of Good: CBT's Culture of Giving

    Coldwell Banker agents, staff, and managers are a special breed, working hard to assist our clients fulfill their real estate goals while keeping our focus on community and on making our cities and towns better places for all of us.

    Because of our firm belief that we have an obligation to the people and places that keep our communities strong, we've set an ambitious goal for the next ten years: to give a minimum of $10 million to the organizations that work to help our neighbors in need. We call this our "Doers of Good."

    We believe this focus needs to be shared and celebrated – and in a big way – so we are shining a light on those who are bright spots in the lives of others. We know the kind of people we have in our family, and we want you to know, too. Doers of Good will do just that.

    Our agents, staff, and managers work in the background "doing their thing," sometimes on their own and sometimes with the help of our entire company. As we close a difficult year and look forward to a bright 2022, we'd like you to meet just a few of our 2021 4th quarter Doers of Good.

    Camp Rainbow Gold

    Pamela Carson, CBT Realtor® in our Eagle, Idaho, office, got involved with Camp Rainbow Gold because of her daughter, a nurse practitioner in oncology at St. Luke's and the medical director for the nonprofit. Camp Rainbow Gold "has been able to provide support and companionship to parents of children affected with cancer, giving them connections to other families going through the day-to-day struggles of childhood cancer," says Pamela. The organization even allows siblings to have their own camps. "The children feel safe and normal at camp."

    A volunteer and financial supporter for the past five years, Pamela says "it gives me a real sense of pride to be a part of such a worthy cause…I get a feeling of paying it forward for all of the blessings I have in my life.

    "Everyone should take a moment to reflect on how they can pay it forward or make a difference in their community, whether it be by contributing to a charity that is near and dear to them, or by reaching out to the charity organization to see how best they can assist in their continued fundraising or manpower needs."

    Funding for Camp Rainbow Gold comes from private donations and community partnerships with local businesses. Most of the programs are run by volunteers under the guidance of a few camp staff members.  To learn more about Camp Rainbow Gold, visit


    Idaho Diaper Bank

    Did you know that in Idaho, 46% of children under the age of three don't have a consistent supply of diapers to stay clean, dry, healthy, and happy?  This statistic shocked Shawna Walz and her mom, Carol Seiber, CBT Realtor® in our Boise, Idaho, office. Together, they founded Idaho Diaper Bank with the mission of providing diapers through collaboration with other social service agencies and nonprofits.

    Says Carol, "IDB was formed to address the silent crisis of diaper need." She goes on to explain that diapers cannot be purchased with food stamps or WIC but represent a significant portion of the monthly budget for the Idaho families struggling to provide basic necessities like food, shelter, and hygiene. Oftentimes, parents feel they have no option other than trying to reuse soiled diapers.

    Since its inception in 2014, Idaho Diaper Bank has provided over 4.5 million diapers to babies in need. IDB primarily serves SW Idaho but has worked to expand into eastern Idaho, the Magic Valley, and north Idaho with their Warehouse on Wheels program.

    "Passion and empathy drive me to participate in charitable organizations in my community," Carol says. "Our community is growing and with that comes many issues facing our low-income families. Giving back is part of my business plan and along with Coldwell Banker we are able to make positive outcomes for many!"

    IDB receives grants and donations from individuals and businesses. Community diaper drives help, as well. To help or learn more about Idaho Diaper Bank, visit

    Coldwell Banker Tomlinson agents, staff, and managers raised funds for both Camp Rainbow Gold and Idaho Diaper Bank at our annual Turkey Tuesday bowling fundraiser in November. Over $5,000 was raised during our event.


    Meridian Elementary School & Meridian Food Bank

    For the past several years, Joan Johnston, CBT Realtor® in our Meridian, Idaho, office, has spearheaded a fund and supply drive for underprivileged kids and their families at two different elementary schools in the valley.

    Joan explains that one of her dearest friends was a teacher at a school with a high number of at-risk children – children who would oftentimes come to school on a Monday morning having eaten nothing all weekend. With her friend's help, Joan devised a plan to deliver some Christmas cheer, as well as food and gift cards to a grocery store, to these kids and their families.

    "I have always felt a great sense of responsibility to care for those who are in need," Joan says.  "Children are often the ones who suffer the most when families struggle financially…Many of the homeless are living in their cars, trailers, or inexpensive hotels.  For whatever reason, they are experiencing hard times."

    This year, Joan was joined by fellow Meridian office Realtor® Lindsey Dykstra. Together, the two organized the annual Meridian office "bake sale auction" to raise funds for 13 homeless families with children who attend Meridian Elementary School, as well as for the Meridian Food Bank, which has helped almost 20,000 households this year.   

    CBT agents, staff, and managers donated baked goods to be auctioned at the event. In a few short hours, the group raised over $7,000 for the two worthy causes. "The generosity and caring exhibited by our agents, vendors, clients, and others are unparalleled," Joan explains.

    Adds Lindsey, "This was my first year getting to help out with the fundraiser and distribution at the school. Being a doer of good means living and giving intentionally, having a purpose beyond just your own personal gain, and being open and available to show kindness and love to everyone. It doesn't have to be anything huge."

    Contact your local school district to see how you can assist children in need, and visit to learn more about Meridian Food Bank.


    Join us in celebrating our Doers of Good by getting involved in one of the programs we will spotlight over the next several months or tell us in the comments below about what lights your fire when it comes to making our communities better. 


    Protecting Against Data Breaches


    Data Breaches:  Safeguard Yourself

    From Your Friends at Integrity Computer Consulting and Repair

    A constant reminder: people are always wanting to steal your information.  Please take a moment to refresh on our best practices:

     We recommend you do as many of the following to help safeguard your information:

    1. Cash is king!  Pay with cash when buying goods locally.  The fewer instances of your card information being available to retailers, the less likely it is to be stolen.
    2. Use Paypal (they have great security features and anti-fraud measures; they also protect your purchases with dispute resolution).
    3. If you have the opportunity to opt-out of saving credit card information, do it. Do now allow sites to save critical financial information unless it is absolutely necessary. 
    4. If you can check out as a guest and opt-out of creating an account and saving your information, do it.
    5. If you can opt-out of providing personal information, do it.  From grocery stores and online retailers to doctor's offices and cell phone providers, they are all hungry for your information.  Always ask what information is absolutely necessary when filling out paperwork or online forms. Use only the information that is required and nothing more.
    6. Opt-out of providing your phone number unless it is absolutely necessary, you can opt-out altogether or use a dummy number instead.  The vast majority of Microsoft imposter calls, and solicitation calls in general, are coming from phone lists that are legally purchased.
    7. Be aware of where you are ordering from online. If a deal looks too good to be true, it probably is.  Purchase only from verified sellers.
    8. If you are using a site that requires an online account, make sure your password is secure even if the site you're logging into does not require it.  We recommend using a combination of upper and lower case letters, with numbers AND special characters, and not using any recognizable words.  For example, a password of "Ilovedogs" can be made more secure by changing all the vowels to look-alike numbers and special characters, breaking up the actual words into something more secure: !L0v3d0Gs.
    9. Get into a habit of changing your password on a schedule (especially if it is a site that houses financial information or credit card numbers), even though it is a pain, we recommend changing passwords every 30 days.  Write down your passwords and keep them in a safe place.
    10. Do not use the same password for every site.  Make each password different (even if it is off by one or two characters) and keep a record of it.
    11. Do not click on links or open attachments in emails unless you are 100% sure they are legitimate.  If the email has a link you can mouse over it, a little box will show you where it is taking you.  If it does not align with the stated destination, do not click it.
    12. Check your bank account/statement frequently.  Report fraud immediately.
    13. Check your credit report yearly. Report any suspicious credit activity immediately.

    If you need help with anything listed above, this can be done remotely.  Please call our office (208-288-4345), or email us ( if you have any questions or need immediate assistance!


    Median New Construction Home Prices Set New Record

    By Breanna Vanstrom, Chief Executive Officer, Boise Regional REALTORS®


    In November 2021, the median sales price for new homes in Ada County was $601,301— passing the $600,000-mark for the first time. This is an increase of 39.8% compared to the same month last year.

    This record reflects a variety of market factors that were present prior to the pandemic — namely increasing costs of land, labor, and materials — as well as the ongoing impact of pandemic-related shutdowns that continue to create delays in increased costs in the global supply chain. (A recent article from the National Association of Home Builders provides more context on this, and includes comments from a local custom home builder, Steve Martinez of Tradewinds.)

    Speaking with Christine Comstock, Managing Associate Broker for CBH Homes, she echoed these sentiments, particularly on the impact of materials on the final price of a new home: "Lumber is a constant moving commodity. We work hard to keep our pricing in check in the midst of a fluctuating market. We are averaging a 24% increase year over year."

    The external pressures causing delivery delays are also beginning to impact the number of sales for new homes, which were down 32.2% year-to-date compared to last year.

     Also affecting new construction sales is the uptick in existing inventory over the past six months. There were 426 existing homes available for purchase at the end of the month, an increase of 217.9% compared to November 2020.

    There is a strong correlation between the existing inventory and new construction pending sales (properties under contract with an accepted offer that should close within 30-90 days). Looking at activity since January 2019, we have seen new construction pending sales go up when existing inventory dips, then begin to slip as existing inventory increases. 

    You'll always have a certain number of buyers in the market that are strictly looking for a new home, but existing homes are often the starting point for many buyers looking for something that's move-in ready. So as existing home inventory has been limited, some buyers shifted to the new construction market. Then as delays in delivery occurred, and as more existing inventory is becoming available, some are reverting back to the resale market. This ebb and flow may seem obvious, but the big takeaway is that the demand for homes remains strong in our area, and motivated buyers continue to make purchasing decisions based on what's available.

    The strong and consistent demand for housing is apparent when examining the Months Supply Inventory (MSI) metric, which takes the number of homes for sale divided by the average number of sales by month for the preceding 12 months. As of November 2021, Ada County was at just 0.9 months for existing homes and 1.5 months for new construction. This means, if no additional homes were listed, the supply of homes for sale would run out in less than two months. A balanced market — not favoring buyers or sellers — is typically between 4-6 months of supply.

    Whether you're considering a new home or existing property, your REALTOR® is there to guide you through every step of your home buying journey. Once a seller or builder has accepted your offer, the sale goes "pending" and there are a number of steps that need to take place before you reach the closing table. From appraisals and inspections to negotiations and final paperwork, a REALTOR® is there to make sure your interests are being represented throughout every step in the process.

    Other notable statistics from November 2021:

    • The median sales price for existing homes was $510,000, up 19.7% year-over-year and a slight 1.9% drop from October.
    • Existing homes were spending an average of 25 days on the market before going under contract, 92.3% longer than the 13 days we saw a year ago.
    • Total sales were down 7.8% from a year ago, primarily from delays in the new construction segment, as existing sales were up 3.5%. More existing inventory resulted in more existing home sales.
    Stages of a Real Estate Transaction

    In each of our reports in 2021, BRR is focusing on the various phases of a real estate transaction to help consumers be prepared before, during, and after a real estate transaction, showing them what their REALTOR® will be doing for them along every step, and the key data points they can look for to make sense of the market.

    To view the Treasure Valley homes currently for sale, CLICK HERE.



    Dealing with Junk Email


    More Email Best Practices: How should you handle junk email?

    From Your Friends at Integrity Computer Consulting and Repair

    We all are familiar with that random email from a weird sender that makes it into your inbox, that phishing attempt on your non-existent Dropbox account, a message to verify your Apple ID, or even emails you may have subscribed to that are just plain annoying… how do you get it to stop?  Unfortunately, email spam is almost more common than legitimate messages it seems. 

    How you handle email messages is super important.  Email servers like Gmail, Office 365, Yahoo!, etc. and mail programs on both computers and phones like Outlook, Thunderbird, Microsoft Mail app, etc. are heuristic and learn how you handle email.  The trick is staying on top of it and being consistent. Simply deleting messages does not help.

    Our best practices for messages that are spam and junk?

    1. Mark junk and spam messages as such, ALWAYS.
    2. Do not open junk messages if you don't have to.  If you do, do not click on any content within it once you determine it's spam/junk.
    3. You can always right-click on any message for more options, and find the option to move to junk or report as spam.  You can also check the box for a single message or multiple and use the menu at the top of your email provider or email program to handle it accordingly.
    4. If an email is junk (random advertising or content), move to your junk or spam folder or report it as spam.
    5. If an email is phishing (asking you for personal or account information) definitely report it as spam. Reporting emails tells a mail server important information.
    6. Block senders or domains if necessary.
    7. Unsubscribe from email lists you know you signed up for but don't want to receive emails from (usually an unsubscribe link can be found at the bottom of the email).  Do not use the unsubscribe function on emails you do not recognize.
    8. Covet your email address, especially if it is used for business or real personal use; don't use it to sign up for anything.
    9. Create and use a separate email address that you use specifically for spam content like newsletters, rewards programs, and the like. 
    10. If you are unsure of the validity of an email, send it to an IT professional you trust to check it out for you. We are happy to let you know if something is legitimate or not and how to handle it.  (However, if it is truly spam, it will sometimes get stuck in our spam filter; so if you do not receive a timely response, please call our office!)

    If you need help with anything listed above, this can be done remotely.  Please call our office (208-288-4345), or email us ( if you have any questions or need immediate assistance!


    Home Prices Drop Slightly in Ada County in October

    By Breanna Vanstrom, Chief Executive Officer, Boise Regional REALTORS®


    The median sales price for homes in Ada County was $533,950 in October, a slight 0.2% decrease from the September median sales price of $534,950. Inventory was up 158.5% year-over-year, with 1,145 homes available for purchase at the end of October.

    We're starting to see a shift in our market. While homes still sold for near record highs for the last few months, we haven't seen the same month-over-month price jumps and properties aren't flying off the market quite as fast as they were this spring and summer.

    Generally speaking, the more competitive the market, the faster properties have an offer accepted and go under contract, as measured by the Days on Market (DOM) metric. Overall, DOM for existing home sales has trended down for the last five years, with the fastest DOM at nine days in May 2021. Since then, the DOM metric has inched up, reaching an average of 21 days in October 2021 — eight days longer than in October 2020.

    Ada County Average Days on Market for Existing Homes

    As competition for homes increased, more buyers were willing to pay over list price. This became the primary factor driving up the median sales price from October 2020 through July 2021, when more than half of all home sales were sold for over list price. Since July 2021, the share has dropped significantly, making up 26.1% of all home sales in October 2021.

    Additionally, price reductions on listed existing homes have become more common since June 2021. Weekly price reductions averaged less than one a week between January 1–June 6, and nearly eight a week from June 7–November 1. The $500,000-749,999 price range had the largest share of price reductions, making up nearly half of all adjustments year-to-date.

    Weekly Price Reductions by Price Range for Existing Homes in Ada County

    If existing homes are staying on the market longer, price reductions are becoming more common, and the majority of buyers are no longer paying over list price, why haven't we seen a major drop in the median sales price?

    One reason is that list prices have also gone up. Typically, homes for sale are priced based on comparable properties that have recently sold. As sales prices have risen, so have the comparables, or "comps." These higher sales prices have may have also inspired more homeowners to sell, as existing inventory has also been trending up, with 703 available properties for sale at the end of October, an increase of more than 300% year-over-year.

    Weekly Average Original List Price of Existing Home Sales in Ada County, YTD

    The average list price of existing homes reached the $550,000-mark in June and remained above that level through the competitive summer months. Higher list prices were supported by the comparable sales in the weeks and months prior, but sale prices are ultimately determined by what buyers are willing to pay. As list prices shifted up in the latter part of the year, buyers were less likely to have to pay over asking to secure the property.

    As the market adjusts to buyer's expectations and needs, we may continue to see price reductions or even a drop in the average list price for existing homes. If list prices go down, it doesn't necessarily mean sales prices will also drop. The median sales price for existing homes has held relatively steady, as has buyer demand. Homes are still selling at near record highs, but the rise in list prices may have eliminated some of the multiple offer situations and competition we saw occurring earlier this year.

    This fall is still proving to be a great time for homeowners to capitalize on the current home prices. For those who are considering selling, we recommend talking to a REALTOR® about the different factors at play within our market and how they may affect different situations.

    Stages of a Real Estate Transaction

    In each of our reports in 2021, BRR is focusing on the various phases of a real estate transaction to help consumers be prepared before, during, and after a real estate transaction, showing them what their REALTOR® will be doing for them along every step, and the key data points they can look for to make sense of the market.

    To view the Treasure Valley homes currently for sale, CLICK HERE.



    News From Our Partners at Idaho Central Credit Union



    Solid Job Gains Spotlight Uncommonly Busy Week for Mortgage Markets

    The past week saw solid job gains amidst a packed week for mortgage markets. Highlighted by key labor market data and a Fed meeting, the U.S. economy did not see a shortage of economic news. When the dust settled, mortgage rates ended the week a little lower.

    Solid Job Gains

    Analysts closely watched Friday's Employment report. Overall, Employment modestly exceeded expectations, showing solid job gains.

    Against a consensus forecast of 450,000, the economy gained 531,000 jobs in October 2021. Revisions added 235,000 jobs to the results for prior months. Though the gains extended broadly across a wide range of industries, the leisure and hospitality sectors led the improvements.

    Declining Unemployment Rate Accompanying Solid Job Gains

    Alongside the solid job gains, the unemployment rate declined from 4.8% to 4.6% in September 2021. Thus, unemployment fell below the consensus forecast of 4.7%.

    Investors view average hourly earnings as an indicator of wage growth. The most recent average hourly earnings data displayed an impressive 4.9% increase from a year prior. Additionally, average hourly earnings jumped up from 4.6% last month, hitting the highest level since February 2021.

    Supply Chain Issues Plague Manufacturing

    Aside from the solid job gains and declining unemployment rate, the Institute of Supply Management (ISM) highlighted several other reports. The ISM reports demonstrated the negative effects of supply chain disruptions on the manufacturing sector.

    The national services sector index unexpectedly skyrocketed from 61.9 to a record high of 66.7. Meanwhile, the national manufacturing index remained roughly flat at 60.8. Levels above just 50 indicate that the sectors are expanding. Readings above 60 are rare.

    While both reports hold strong by historical standards, supply chain issues greatly impact manufacturing companies. Many of these manufacturing companies need materials to produce goods.

    Fed Tapering to Begin

    All in all, the Fed did a commendable job of communicating its plans to investors in advance. Once again, there were no surprises and little lasting impact from the latest meeting.

    According to the Fed meeting statement, the Fed plans to taper its $120 billion per month of bond purchases by $15 billion per month beginning later this month. This revelation fell right in line with expectations.

    Officials anticipate that inflation will ease from current elevated levels as supply chain resolve, and solid job gains persist. However, the Fed offered little new guidance in determining the exact timing of the first federal funds rate hike. Lastly, investors anticipate the rate hike to take place near the middle of next year.

    Looking Ahead After Solid Job Gains

    Looking ahead after the solid job gains, investors seek hints from Fed officials about the timing for future rate hikes. Additionally, investors closely watch COVID-19 case counts around the world, particularly in Europe.

    Beyond that, the Consumer Price Index (CPI) was released on Wednesday. Analysts widely follow CPI as a monthly inflation indicator. CPI looks at the price changes for a broad range of goods and services.

    Mortgage markets close in observance of Veterans Day. Finally, the JOLTS report, which measures job openings and labor turnover rates, comes out on Friday.


    We understand that no two paths to buying a home are the same. Whether you're a first-time homebuyer or a seasoned real estate mogul, we have a variety of products and loans designed specifically to meet your needs. We offer local underwriting and fast approvals to save you time and money. We have options for down payments and additional resources like our Finally Home! online program to help guide you through the home buying process. Contact one of our home loan specialists to discuss your options today!



    Should You Renovate or Move?

    The last 18 months changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021. The survey reveals the following:

    • 70% of respondents want more outdoor living space
    • 69% of respondents want a home office (48% wanted multiple offices)
    • 46% of respondents want a multi-function room/flexible space
    • 42% of respondents want an au pair/in-law suite
    • 39% of respondents want an exercise room/yoga space

    If you're a homeowner who wants to add any of the above, you have two options: renovate your current house or buy a home that already has the spaces you desire. The decision you make could be determined by factors like:

    1. A possible desire to relocate
    2. The difference in the cost of a renovation versus a purchase
    3. Finding an existing home or designing a new home that has exactly what you want (versus trying to restructure the layout of your current house)

    In either case, you'll need access to capital: the funds for the renovation or the down payment your next home would require. The great news is that the money you need probably already exists in your current home in the form of equity.

    Home Equity Is Skyrocketing

    The record-setting increases in home prices over the last two years dramatically improved homeowners' equity. Odeta Kushi, Deputy Chief Economist at First American, quantifies the amount of equity homeowners gained recently:

    "Remember U.S. households own nearly $35 trillion in owner-occupied real estate, just over $11 trillion in debt, and the remaining ~$24 trillion in equity. In inflation adjusted terms, homeowners in Q2 had an average of $280,000 in equity- a historic high."

    As a homeowner, the money you need to purchase the perfect home or renovate your current house may be right at your fingertips. However, waiting to make your decision may increase the cost of tapping that equity.

    If you decide to renovate, you'll need to refinance (or take out an equity loan) to access the equity. If you decide to move instead and use your equity as a down payment, you'll still need to mortgage the remaining difference between the down payment and the cost of your next home.

    Mortgage rates are forecast to increase over the next year. Waiting to leverage your equity will probably mean you'll pay more to do so. According to the latest data from the Federal Housing Finance Agency (FHFA), almost 57% of current mortgage holders have a mortgage rate of 4% or below. If you're one of those homeowners, you can keep your mortgage rate under 4% by doing it now. If you're one of the 43% of homeowners with a mortgage rate over 4%, you may be able to do a cash-out refinance or buy a more expensive home without significantly increasing your monthly payment.

    First Step: Determine the Amount of Equity in Your Home

    If you're ready to either redesign your current house or find an existing or newly constructed home that has everything you want, the first thing you need to do is determine how much equity you have in your current home. To do that, you'll need two things:

    1. The current mortgage balance on your home
    2. The current value of your home

    You can probably find the mortgage balance on your monthly mortgage statement. To find the current market value of your house, you can pay several hundreds of dollars for an appraisal, or you can contact a local real estate professional who will be able to present to you, at no charge, a professional equity assessment report.

    Bottom Line

    If the past 18 months have refocused your thoughts on what you want from your house, now may be the time to either renovate or make a move to the perfect home. Contact us today to help guide you through the process and help determine what makes the most sense for you!


    7 Ways to Warm Up Your Home's Entryway

    Entryway Tips

    Your entryway is the first space guests experience when they step into your home. And more importantly, it is the first space you experience when you get home! As such, you really want your entryway to feel warm and welcoming. Here are a few useful tips to help you make your entryway a sight to behold.

    1. Include a Bench Seat
      Sometimes, entryways have a tendency to become cluttered with items like umbrellas, hats, and bags. Including a bench seat in your design takes care of this problem. You can store all of your accessories in the bench seat and also sit on the bench as you put your shoes on or otherwise prepare to go out.

    2. Create Symmetry With Two Plants
      In a small space like an entryway, decorating with symmetry can help create a sense of balance. An easy way to create symmetry is with two identical potted plants. If you have a bench seat, place one plant on either side of the bench. If you have a larger piece of furniture, such as a set of cabinets, you could place two small plants on top of it — one on either side. 

      Plants are perfect for an entryway because greenery evokes a calm, peaceful feeling. They also help unify the outdoors with the outdoors, which is exactly what your entryway is intended for.

    3. Include a Clock
      Clocks are timeless decor, and you don't see them in homes as often as you used to, now that everyone has the time on their own smartphone. But your entryway is the perfect place for a clock. People will appreciate knowing exactly what time it is as soon as they step in the door. You'll also appreciate being able to check the time without pulling your phone out as soon as you get home. A large, decorative clock mounted on the wall directly across from the door is perfect entryway decor.

    4. Use Warm Colors
      When choosing paint colors for your entryway, be sure to opt for warm undertones. This will subliminally make guests and family members feel cozy when they step into the space. "Warm colors" does not have to mean brown or red, either. Your paint store professional can point you towards all sorts of different colors with warm undertones.

    5. Include Large, Fuzzy Doormats
      Doormats can warm up your entryway not only visually but temperature-wise. In the winter, you'll really appreciate not having to step onto the chilly floor. Pick mats that are generously sized to fit everyone's shoes. Those with a plush or fuzzy look tend to make the space look and feel warmer.

    6. Add Texture, When Possible
      As you decorate your entryway, look for ways to add texture to the space. For example, you may include a wall hanging with some burlap. Or, you might find a light fixture with some roughly hewn wood in its design. Incorporating a mixture of smooth and rough textures can make any space feel warmer and more balanced overall.

    7. Install a Dimmer Switch
      If your entryway does not already have a dimmer switch, consider having one installed. This lets you set the mood for your home.

    These tips can make any entryway give a warm welcome! If you're still looking for Boise-area homes for sale, please feel free to reach out. We can help you navigate the house-hunting process with ease.


    Stark Autumn Beauty: Shoshone Falls

    Don't Let the Lack of "High Water" Keep You from Visiting this Fall

    Looking for some weekend adventure, but want to explore somewhere new? If you are in the Boise area, take the two-hour trek to Shoshone Falls in south-central Idaho's Magic Valley. Located approximately three miles west of the city of Twin Falls, the "Niagra of the West" drops an impressive 212 feet, 45 feet higher than the real Niagra.

    Though the most dramatic time of year to visit is in the spring when flows can reach in excess of 20,000 cubic feet per second, the fall and winter bring a different kind of beauty. Striking rock formations and stunning pools reveal themselves only when the water is low.

    Lying within the Snake River Canyon, the Falls and surrounding geology is a fascinating scene created over millions of years and is truly one of nature's—and Idaho's—most glorious wonders worthy of visiting any time of year.

    Shoshone Falls Park is situated at the bottom of the canyon via a fairly steep and curvy road that is open year-round, except when snow and ice make travel too dangerous. The road is paved and fine for all vehicles. In the fall and winter months, the park is open from dawn to dusk, and there is no charge for access. Picnic areas, overlooks, and portable toilets are accessible all year.

    Wear comfortable shoes and plan to take a hike along one of the many trails in and around the Falls. Centennial Trail takes explorers 1.4 miles to the site of Evel Knievel's failed attempt to jump the canyon in 1974. The out-and-back trail is paved and features canyon overlooks.

    To get to Shoshone Falls from Boise, travel east on I-84 to US 93/exit 173 south to Twin Falls. Turn east on Falls Ave. E to N 3300 E/Champlin Road and follow the signs.

    Be sure to stop at the Twin Falls Visitor Center at the south side of the Perrine Bridge for breathtaking views of the canyon and to pick up a trail map.


    View the Latest Employment Report from the Mortgage Professionals at Idaho Central Credit Union



    Latest Employment Report Reveals Job Gains Went Down

    This past week, analysts and investors closely watched the latest employment report. Unfortunately, it revealed that job gains went down, falling short of expectations. For the most part, the other major economic reports coincided with expectations. In other news, investors shifted to riskier assets. While doing so, stocks increased while bonds decreased. As a result, mortgage rates ended the week higher.

    Job Gains Fall Short in Latest Employment Report

    The latest employment report suggested that COVID-19 hindered job creation. Friday's release showed that the economy added just 194,000 jobs in September 2021 against a consensus forecast of 500,000. While this result resembles August 2021, job gains plummeted dramatically from over one million in July of this year.

    However, there were many offsetting factors. First, upward revisions added 169,000 jobs to the results for prior months. Second, the unemployment rate declined from 5.2% to 4.8%. Not only did unemployment decline far below the consensus forecast of 5.1%, but it also hit the lowest level since February 2020. These two components often paint a somewhat different picture. While companies provide data for the job gains calculation, the unemployment rate is based on a separate survey of individuals.

    Analysts also looked for the latest figures on average hourly earnings. Average hourly earnings, an indicator of wage growth, rose 0.6% from July 2021. This statistic jumped well above the consensus of 0.4%. Of note, average hourly earnings clocked in at an impressive 4.6% higher than a year ago. The latest employment report showed that this number also climbed above an annual rate of increase of 4.0% last month.

    Education jobs sharply underperformed expectations. Analysts attribute this due to distortions in the seasonal adjustment caused by the pandemic. Experts adjust education job data to reflect historical seasonal trends, such as the start of the school year. Concurrently, many of the usual hiring and firing patterns changed during the pandemic. To summarize, job gains fell short partly due to seasonal issues related to the pandemic. On the other hand, wage gains remained very strong. Conclusively, the report barely affected mortgage rates.

    ISM Service Sector Index Reports Growth

    Aside from the latest employment report, the Institute of Supply Management (ISM) released another significant economic report. The ISM national service sector index rose to 61.9. Not only did the service sector index rise above the consensus forecast of 60.0, it also neared a record-high. Levels above just 50 indicate that the sector is expanding. Readings above 60 are rare.

    Of note, a large number of companies reported difficulties in hiring enough skilled workers to keep up with growing demand. Many other companies indicated that supply chain disruptions held back production. Because of these current obstacles, later months may see stronger readings as companies catch up.

    Looking Ahead After the Latest Employment Report

    Looking ahead after the latest employment report, investors closely watch global COVID-19 cases. They also look for hints from Fed officials about the timing for changes in monetary policy.


    We understand that no two paths to buying a home are the same. Whether you're a first-time homebuyer or a seasoned real estate mogul, we have a variety of products and loans designed specifically to meet your needs. We offer local underwriting and fast approvals to save you time and money. We have options for down payments and additional resources like our Finally Home! online program to help guide you through the home buying process. Contact one of our home loan specialists to discuss your options today!



    Home Prices in September Hold Steady

    Fewer Buyers Paid Over Asking Price for Homes in September 

    By Breanna Vanstrom, Chief Executive Officer, Boise Regional REALTORS®

    The median sales price for homes in Ada County moved to $534,950 in September 2021, marking a slight 0.8% increase over August when the median sales price was $530,500. 

    While prices remained steady month-over-month, the most notable statistic was the share of homes that sold for over list price dropped to 33.1% — the lowest level since June 2020. 

    Competition for homes has been fierce for nearly a year, and as market times fell, more buyers were willing to pay over list price, which became a primary factor driving up the median sales price. When the share of homes that sold over list price exceeded 40% in August 2020, the median sales price moved into the $400,000-range for the first time. When it reached nearly 65% in May 2021, that's when prices exceeded the $500,000-mark.  

    (For more on this, and additional factors driving home prices, check out our blog post: "Making Sense of the Rising Home Prices in Ada County.") 

    That jump in price likely brought prospective sellers to the market, which has helped inventory levels increase. In fact, September marked the sixth consecutive month of inventory growth. The 1,249 homes available for sale at the end of the month represented an 11.1% increase from August and a staggering 165.7% increase compared to September 2020. 

    In addition, the average number of days between when existing homes were listed for sale and an offer was accepted increased to 17 days — the longest market time in the last 12 months — and 21.4% longer than the 14 days we saw in August 2021.  

    The increased inventory and a slightly slower pace are good news for buyers and may be two reasons that fewer homes sold over list price last month. 

    That said, while the Months Supply of Inventory (MSI) continued to trend up — reaching 1.5 months in September — Ada County is still not in the 4-6 month range of supply which is typically considered a balanced market — creating ongoing opportunities for sellers. 

    This fall is still proving to be a great time for homeowners to capitalize on the current home prices. For those who are considering selling, we recommend talking to a REALTOR® about the different factors at play within our market and how they may affect different situations.

    Stages of a Real Estate Transaction

    In each of our reports in 2021, BRR is focusing on the various phases of a real estate transaction to help consumers be prepared before, during, and after a real estate transaction, showing them what their REALTOR® will be doing for them along every step, and the key data points they can look for to make sense of the market.

    To view the Treasure Valley homes currently for sale, CLICK HERE.



    9 Tips for Buying and Selling Your Home at the Same Time

    Selling your home while shopping for a new one can feel daunting to even the most seasoned homeowner––especially when the competition for housing is so high. That doesn't mean, though, that you should just throw up your hands and give up on moving altogether. In fact, as a current homeowner, you could be in a better position than most to capitalize on a seller's market and make a smooth transition from your old home to a new one.

    We can help you prepare for the road ahead. Here are some of the most frequent concerns we hear from clients who are trying to buy and sell at the same time.

    "What will I do if I sell my house before I can buy a new one?"

    While it may be an inconvenience, this is a common scenario that can usually be handled with a little creativity and compromise. Here are some options to consider:

    1: Flex your muscles as a seller.

    In some cases, a buyer may agree to a rent-back clause that allows the seller to continue living in the home after closing for a set period of time and negotiated fee. We can discuss the benefits and risks involved and whether it's a good option for you.

    2: Open your mind to short-term housing options.

    If you're lucky enough to have family or friends who offer to take you in, that may be ideal. If not, check out furnished apartments, vacation rentals, and month-to-month leases. If space is an issue, consider putting some of your furniture and possessions in storage.

    3: Embrace the idea of selling now and buying later.

    With cash on hand from the sale of your current home, you'll be in a better position to budget for and buy your next home. And by focusing on one step at a time, you can alleviate some of the pressure and uncertainty involved.

    "What if I get stuck with two mortgages at the same time?"

    If you can't afford to carry both mortgages, then selling before you buy may be best. (See Tip #3.) But if you have flexibility in your budget for some overlap, it is possible to manage a home sale and purchase simultaneously. Here are some steps to help streamline the process:

    4: As you get ready to sell, simplify.

    You can condense your sales timeline if you only focus on the renovations and tasks that matter most. We can advise you on the repairs and upgrades that are worth your time and investment.

    5: Prep your paperwork.

    If you'll need a mortgage for your next home purchase, get pre-approved in advance. And start pulling together relevant records for your current home, such as appliance warranties and renovation permits. That way, you'll be ready to provide quick answers to buyers' questions should they arise.

    6: Ask about other contingencies that can be included in your contracts.

    For example, it's possible to add a clause to your purchase offer that lets you cancel the contract if you haven't sold your previous home. This tactic could backfire, though, if you're competing with other buyers. We can discuss the pros and cons of contingencies and what's realistic given current market dynamics.

    "What if I mess up my timing or burn out from all the stress?"

    To make sure you're in the right headspace, take the time to slow down, breathe and delegate as much as possible. In addition:

    7: Relax and accept that compromise is inevitable.

    Rather than worry about getting every detail right with your housing search and home sale, trust that things will work out eventually––even if it doesn't look like your Plan A or even your Plan B or Plan C. Luckily, if you've got a good team of professionals, you can relax knowing that others have your back and are monitoring the details behind the scenes.

    8: Don't worry too much if your path is straying from convention.

    Remember that rules-of-thumb and home-buying trends are just that: they are estimates, not facts. So if your home search or sale isn't going exactly like your neighbor's, it doesn't mean that you are doomed to fail.

    9: Enlist help early.

    This leads us to our final tip: If possible, call us early in the process. We'll not only provide you with key guidance on what you should do to prep your current property for sale, we'll also help you narrow down the parameters for your next one. That way, you'll be prepared to act quickly and confidently when it comes time to list your home and make an offer on a new one.

    Call today for tailored advice that works for you.

    Buying and selling a home at the same time is challenging. But it doesn't have to be a nightmare, and it can even be fun. Click here for a free consultation so that we can help you review your options and decide the best way forward - or visit our site for a listing of homes for sale.


    Facebook: Spoofed Profiles


    What is a "spoofed" profile?

    From Your Friends at Integrity Computer Consulting and Repair

    A spoofed profile is where a scammer copies your profile and pretends to be you. The scammers use the information that the original profile makes public.  This includes profile pictures, location(s), and biography information, so they are very convincing. Oftentimes, these spoofed profiles send out another friend request to people on copied profile's friends list.  While more and more people are becoming aware that this is an issue when they get a second friend request from someone they are already friends with, many people still don't know what is happening (no, their friend has not been "hacked" i.e someone has gained unauthorized access to the account) or what to do about the profile, and there are many people who still will add the fake profile and further perpetuate this activity. 


    Besides it being annoying, what damage does this cause?

    Once a spoofed profile is created, the creator will add friends listed on the original profile, send messages that ask for money… or worse, send videos and/or clickable content via messenger or page posts that contain phishing sites, adware, malware, or viruses when clicked.


    How do you prevent this from happening?

    Make your friends list viewable to "Friends only" or better yet, "Only me".  These settings can be accessed both on the computer and in the Facebook app on phones.  Simply view your profile, then go to Settings and Privacy, then under Audience and Visibility, "How People Find and Contact You".  Select "Who can see your friends list", and select Friends or Only me.  Setting it to "Only me" is the only sure-fire way to make it so people cannot use your friends list to create fake profiles and spam your friends, colleagues, and clients who may be friends on your page.


    It's already happened to you. Now what?

    Have your friends report the spoofed profile as soon as possible.  All you or they have to do is go to the scammer's duplicate Facebook page and click on the three dots.  Select "Find Support or Report Profile" and then "Pretending to Be Someone."  You will then be asked who they are pretending to be.  If it's a friend, you'll report which friend it is and then confirm your submission.  Facebook will then review your report and notify you of the outcome.  The process is pretty quick and painless.

    Next, take steps to secure your public information. And it wouldn't hurt to complete Facebook's privacy checkup, and lock down your privacy settings which includes not allowing people to post anything on your page without your review.

    Any of these things can be done remotely.  Please call or email our office if you have any questions or need immediate assistance!


    Lower Unemployment Rate Offsets Lower-Than-Expected Job Gains



    Key labor market data revealed mixed results, including lower-than-expected job gains missing the mark. However, a better unemployment rate counterbalanced those job gains.

    Economists viewed the data as roughly neutral. The other major economic news contained no surprises. Therefore, mortgage rates ended the week with little change.

    Dampened Job Gains

    Analysts closely watched last Friday's employment report. The latest report suggested that COVID-19 dampened job gains. Unfortunately, the leisure and hospitality sectors experienced this impact the most. Against a consensus forecast of 720,000, the economy added just 235,000 jobs in August 2021. Job gains greatly declined from over one million in July 2021.

    However, there were some offsetting factors. First, upward revisions added 134,000 jobs to the results for prior months. In addition, education jobs sharply underperformed expectations. Having said that, analysts likely attribute the distortions to seasonal adjustment caused by the pandemic. Analysts adjust data to reflect historical seasonal trends, such as the start of the school year. Also, many of the usual hiring and firing patterns changed during the pandemic.

    Better Unemployment Rate Despite Dampened Job Gains

    The unemployment rate declined from 5.4% to 5.2%, matching expectations. Simultaneously, unemployment hit its lowest level since before the pandemic. Average hourly earnings, an indicator of wage growth, rose 0.6% from July. As a result, average hourly earnings climbed well above the consensus of 0.3%. In addition, average hourly earnings jumped 4.3% higher than a year ago, up from 4.1% last month.

    To summarize, job gains fell short partly due to seasonal issues related to the pandemic. Meanwhile, wage gains came in very strong. In conclusion, the report provided little net effect on mortgage rates.

    ISM Hiring News

    Aside from dampened job gains, a couple of other significant economic reports were released this week. Overall, the Institute of Supply Management (ISM) revealed the expected strong results. The national services index fell to 61.7, down from a record high last month.

    Subsequently, the national manufacturing index came in at 59.9. Levels above just 50 indicate that the sectors are expanding. Readings above 60 are rare. Of note, a large number of companies reported difficulties in hiring enough workers to keep up with growing demand.

    Looking Ahead After Dampened Job Gains

    Looking ahead after dampened job gains, investors closely watch global COVID-19 cases. Investors also will look for hints from Fed officials about the timing for changes in monetary policy.

    Beyond that, the JOLTS report came out today. JOLTS measures job openings and labor turnover rates. 


    We understand that no two paths to buying a home are the same. Whether you're a first-time homebuyer or a seasoned real estate mogul, we have a variety of products and loans designed specifically to meet your needs. We offer local underwriting and fast approvals to save you time and money. We have options for down payments and additional resources like our Finally Home! online program to help guide you through the home buying process. Contact one of our home loan specialists to discuss your options today!



    7 Steps for Adding a Fence to Your Property

    Fence Tips

    Is your fencing old and worn out, or do you need a fence where there isn't any? The process of installing a fence isn't a quick one, our real estate agents caution. There are a number of things you need to do to ensure you don't get in trouble with the city, the HOA, your neighbor, or your home's future buyer. Here are 7 steps to ensure you're doing your due diligence when you install a new fence.

    1. Ask Why
      Your purpose for the new fence will impact the type of fencing you choose. For instance, if you want to increase privacy or block noise, you'll want a tall, solid, heavy-duty fence. If you're trying to keep animals in, on the other hand, you'll want to make sure there aren't any gaps where your pet could get out.

    2. Plan Your Budget
      Building a fence can be expensive, particularly certain materials or designs. The height of your fence and whether it needs to be solid will also determine the cost. Figure out what money you have to spend on your fence, and then compare your options to make sure that the fence you're planning agrees with your budget.

    3. Consider the Material
      Once you have your budget figured out, start shopping around to see what materials are in your price range. Consider not only cost but also other factors such as maintenance and durability. Mixing materials may also allow you to get the fence you want on your budget.

    4. Communicate
      Don't forget to be a good neighbor! If your fence will go along a property line that you share with your neighbor, be sure to let them know your plans. Most likely, if you're replacing a fence that has been deteriorating, they won't mind. In fact, they might even thank you for it! And if it's a shared property line, they might surprise you and offer to go in on the fence together.

    5. Research Your Options
      Before you start building your fence, there are a bunch of things you'll need to do. You'll need to check in with your HOA or municipality guidelines to make sure that your fence plans follow all requirements for materials, style, height, and setbacks. You may need to have your property surveyed to ensure you're building the fence on your own property, and for safety's sake, you'll also need to call 811 to have the power company mark all the buried lines on your property. You'll likely also have to file for a work permit.

    6. Hire a Professional
      Is this all starting to seem a little overwhelming? If so, consider hiring a professional to handle the entire job for you. They'll do everything from calling 811 and getting the building permit to going over your options with you and making sure everything is to code. Plus, you'll have the peace of mind of knowing the work is done professionally. 

    7. Maximize Curb Appeal
      Once the fence plans are in place, plant shrubbery and flowers around the fencing to soften the look, especially if you'll be selling your home soon. Browse Boise homes for sale, and you'll see that the most attractive homes incorporate the fences into their landscaping for maximum curb appeal.

    For more tips on getting your home ready to sell, contact us today.


    Number of Homes for Sale in Ada County Increases

    Encouraged Sellers Add More Homes to the Market 

    By Breanna Vanstrom, Chief Executive Officer, Boise Regional REALTORS®

    The median sales price for homes in Ada County was $530,500 in August, down nearly $10,000 from July, although 32.2% higher than the same month last year.   

    While our region has faced insufficient supply compared to demand for years — the main driver of home prices over the past few years — August marked the fifth consecutive month of inventory growth. There were 1,124 homes available for sale, up 6.5% from July and up a tremendous 90.8% compared to August 2020.  

    These inventory gains were very encouraging — and likely prompted by higher prices — although still low compared to what they might have been had they tracked with the historical trendline. 

    On the other hand, both pending and closed sales tracked with their respective trendlines. In August, there were 1,606 pending sales — homes with an accepted offer that should close within the next 30-60 days — and another 931 homes closed during the month.  

    Both pending and closed sales were down compared to last year, at 22.9% and 28.3%, respectively. Some in the national news have speculated that declines in national sales activity indicates buyers are backing off. This may be the case in some situations, especially among more price-sensitive buyers, but the declines likely have more to do with the seasonality and limited inventory.  

    As evident in the chart above, sales activity begins to increase each December/January, typically peaking around May/June, then tapering off throughout the fall and winter as kids go back to school and the weather gets colder. The past two years haven't had that same seasonal feel with the pandemic compressing the traditional market cycles, but any additional declines in activity from now through the end of the year are not completely atypical.  


    Note on Historical Trendlines: These are helpful tools but should be used in conjunction with other metrics to understand why something may be trending higher or lower than past data might otherwise suggest. To that point, we released a blog post about a recent Florida Atlantic University study suggesting Boise metro homes were overpriced compared to historical trends, which you can read here. You can also check out our mid-year housing summit presentation for insights as to why inventory levels continue to be constrained despite ongoing demand.


    The uptick in the number of homes for sale continues to be good news for buyers, but buyers must still be prepared to act quickly once they've found a home to purchase. We advise buyers to work with a REALTOR® and lender to determine ways to make an offer as competitive as possible.

    One of the most popular ways buyers have competed is on price, offering to pay more than the listing price. Of the homes that closed in August, 42.3% sold for more than list price, paying on average, $22,675 more than list, which is a change from the past few months when a majority of homes were selling over list price.

    For homes that sold under their original list price in August, buyers paid $24,423 less, on average. That said, decisions on what price to list a home at, or whether a buyer might offer more or less, can be made easier with the help of a REALTOR®.  

    Stages of a Real Estate Transaction

    In each of our reports in 2021, BRR is focusing on the various phases of a real estate transaction to help consumers be prepared before, during, and after a real estate transaction, showing them what their REALTOR® will be doing for them along every step, and the key data points they can look for to make sense of the market. 

    To view the Treasure Valley Market Report for August, CLICK HERE.



    5 Factors That Reveal Where The Real Estate Market Is Really Headed

    Boise Downtown

    It's the old supply-and-demand predicament: U.S. home sales continue at a rapid pace, but the number of listings remains limited. Amid historically low mortgage rates, buyers keep shopping, reducing inventory and sparking a rise in home prices.

    Meanwhile, homebuilders are coping with an increase in material costs and a shortage of labor. These issues come during an ongoing housing shortage. A National Association of Realtors study shows the U.S. has a deficit of about 2 million single-family homes and 3.5 million other housing units.

    Follow along to learn the five factors that illustrate where the U.S. housing market is today and is heading tomorrow.


    Low interest rates continue to fuel demand from homebuyers. Some experts believe mortgage rates will creep up later this year, but they expect rates to remain near historic lows. In June, the Mortgage Bankers Association reported that 2020 closed with the average rate for a 30-year, fixed-rate mortgage at 2.8%. But the association anticipates the average rate climbing to 3.5% at the end of 2021 and 4.2% by the end of 2022.

    What does it mean for you?

    When mortgage rates are at or near historic lows (as they are today), you should seriously consider taking advantage of those rates to borrow money for a home purchase or to refinance your existing mortgage.


    In June, the national median list price for a home reached an all-time high of $385,000, up 12.7% on a year-over-year basis. And according to the Home Buying Institute, various reports and forecasts indicate home prices will keep climbing throughout 2021 and into 2022. While this may be welcome news for homeowners, high prices are pushing homeownership out of reach for a growing number of first-time buyers.

    What does it mean for you?

    If you're a buyer waiting on the sidelines for prices to drop, you may want to reconsider. While the pace of appreciation should taper off, home prices are expected to continue climbing. And rising mortgage rates will make a home purchase even more costly.


    Single-family home sales are down from their peak in October 2020 yet are still above the overall level last year. In May 2021, 5.8 million existing single-family homes were sold in the U.S. That's a 45% increase over the 4 million homes sold in May 2020.

    However, home sales saw a 0.9% dip in May 2021 compared with the previous month, the National Association of Realtors says. That was the fourth straight month for a decline in home sales. The number of home sales has slid recently because of rising prices and a lack of inventory, but Fannie Mae expects total home sales to tick up slightly in the fourth quarter and finish the year up 3.8% over last year.

    What does it mean for you?

    The market for single-family home sales remains quite active. As a result, if you're a homeowner, you may want to ponder whether to sell now, even if you hadn't necessarily been thinking about it. With demand high and inventory low, your home could fetch an eye-popping price.


    According to the National Association of Realtors, in May there were 1.23 million previously owned homes on the market, down 20.6% from the same time last year. This translates to a 2.5-month supply of homes, which is well below the 6 months of inventory typical in a balanced market. According to the Realtors group, the lack of inventory translates into tougher searches for buyers and contributes to a rise in prices.

    What does it mean for you?

    If you're thinking of selling your home, now may be the right time to do it. Across the country, it's a seller's market, meaning demand is outpacing supply. That supply-and-demand imbalance puts sellers in a great position to sell their homes at a premium price. The May 2021 Realtors Confidence Index from the National Association of Realtors found the average home that was sold attracted five offers, and the association says nearly half of homes are selling above list price.


    Frustrated buyers may soon find some relief from an increase in new construction. Economists forecast that 1.1 million new houses will be started in 2021, compared with a predicted 940,000 units just six months ago, with 1.2 million new starts predicted for 2022 and 2023, according to the Urban Land Institute.

    What does it mean for you?

    Given the issues affecting the new-home market, it may make sense to widen your home search to include both new and existing homes. Your brand-new dream home may not be available, but you might be able to find an existing home that lives up to your vision. Keep in mind that we can help you find either a new or existing home and can advocate for you to ensure you get the best deal possible.


    If you're in the market for a home, you're ready to sell your house or you've simply been wondering whether you should sell, you could benefit from an expert to help you navigate the hot real estate market. Let's set up a free consultation to discuss your situation. We can review your options and come up with a plan to capitalize on the value of your current property or to find your ideal next home. Contact us today. We are here to #guideyouhome.


    Interior Design Trends: Cottagecore Home Decor

    When you buy a new home, you want it to be a reflection of you and your style. As you consider various trends, you may come across a popular new one called cottagecore. But what is it, exactly, and will it work for your interior design needs? Essentially, cottagecore home decor is a nostalgic journey to a simpler time and place. If sipping tea in a garden, breathing in the delicate scent of roses and honeysuckle strikes your fancy, this could very well be the interior design style you are seeking. If the homes you are asking to be shown are reminiscent of country living, you may want to consider these key elements:

    • Nostalgia
      From the garden to the living room, the house should speak of bygone days. This may look different to each person. If your cherished memories include crocheted Afghans and ruffled curtains, by all means, include them. If they lean more toward the brown leather overstuffed couch and the roll-top desk you might find in an 1890's ranch house, then go that direction. It's even possible to blend styles a bit in this very unscripted decor. If you have antiques or just books and knick-knacks that have been in the family for a long time, cottagecore provides a perfect setting to display them.
    • Simplicity
      Although many of us work in the world of technology, we don't all want to live there. When incorporating cottagecore interior design trends, necessary technology will often be hidden inside wooden cabinetry or disguised in other clever ways. The lifestyle celebrates minimalism, including handcrafting, home cooking, and creativity over video games. Rather than the cold, sleek surfaces you will find in industrial decor, you will find the warmth of wood, the natural textures of organic materials, and the cozy atmosphere they bring. Shining wooden floors with simple rugs and a wooden coffee table that reflect the same color as the floor. You might find the same wood theme repeated in bathrooms and bedrooms. 
    • Nature
      Embracing nature is critical to the cottagecore style. This doesn't mean that you must raise your own chickens and livestock in order to enjoy the designs. But the interior of the home should blend with the environment surrounding the exterior. This can be accomplished with muted colors, natural materials, house plants, and fresh or dried flowers. Imagine a little girl collecting wildflowers and displaying them in a milk bottle. The romantic ideal of rural living can be reflected in prints and paintings without the less pleasant realities of farm life. An indoor herb garden is just the right touch to a cozy kitchen, while the fresh herbs bring your recipes to life. 
    • Vintage
      Antiques are certainly great additions to cottagecore home decor, but you can obtain the vintage feel without an extensive collection. Simple lines, wooden frames, and natural textures will help balance the design. Wooden chairs next to pristine white wainscotting in the dining room are reminiscent of homes of a hundred years ago, even if they were just purchased recently. The elegance of a colorful quilt can carry the sleeper back to Grandma's house. Overstuffed chairs reupholstered with soft, nubby fabrics or floral designs are both frugal and practical, echoing the lifestyle of the past as much as the appearance. 
    • Do-it-yourself
      To truly embrace the cottagecore lifestyle, you should bring in your own creations. Have you learned to embroider? Frame an original piece and hang it on the wall. Did you grow your own fruits and vegetables? Proudly store them in wire baskets on the kitchen counter. Craftspeople know that you can't create anything worthwhile without making a little mess. You can embrace the clutter a bit without letting it take over. A basket of colorful yarn complete with knitting needles will actually enhance the decor of the den. A loom in the corner will make a fascinating conversation piece. You may even discover common interests with friends you didn't know existed. 

    If you've been waiting for some of the vintage things you love to come back in style, the time has come. Our real estate professionals will be happy to help you find your new home. Contact us when you're ready to make the change. 


    From Our Lending Partners at Idaho Central Credit Union



    Breakthrough Job Gains as Labor Market Makes Vast Improvements

    The monthly employment report brought stronger than anticipated data as the U.S. achieved breakthrough job gains. Simultaneously, incoming Institute of Supply Management (ISM) service data also yielded great news.

    As the United States economy took home a couple of "wins," the impact negatively affected mortgage markets. Ultimately, mortgage rates ended the week slightly higher.

    Breakthrough Job Gains

    In July 2021, employment realized breakthrough job gains, gaining 943,000. Overall, this soared far above the consensus forecast of 850,000. Additionally, analysts revised results from the prior two months.

    After a brutal 2020, analysts saw massive growth in the leisure and hospitality sectors. In total, leisure and hospitality added 380,000 positions. Job gains primarily permeated bars and restaurants.

    As an added bonus, the unemployment rate declined from 5.9% to 5.4%. Contrary to job gains, unemployment fell well below the consensus forecast of 5.7%. Finally, average hourly earnings jumped 4.0% higher than a year ago. Average hourly earnings also increased from 3.7% in June 2021. Investors and analysts view average hourly earnings as an indicator of wage growth.

    More Breakthrough Job Gains to Come?

    The pace of labor market improvement picked up significantly over the last couple of months. However, the full COVID-19 impact remains to be seen. This makes experts question whether the trend of breakthrough job gains will continue. Unsurprisingly, many of the new jobs appeared in sectors previously hurt by the pandemic.

    Fed officials repeatedly noted that the timing of monetary policy tightening depends on its goals. Mainly, the Fed closely watches for progress toward their labor market goals. Concurrently, investors keep a close eye on the impact of rising COVID-19 case counts.

    Strong Results from the ISM

    Aside from the breakthrough job gains, the ISM released a couple of other significant economic reports this week. Both yielded strong results. Hitting a record-high, the national services index unexpectedly surged to 64.1. Meanwhile, the national manufacturing index came in at 59.5. Levels above 50 indicate that the sectors are expanding. However, analysts rarely see readings above 60. Of note, a large number of companies reported difficulties in hiring enough workers to keep up with growing demand.

    Looking Ahead After Breakthrough Job Gains

    Looking ahead after the breakthrough job gains, investors closely watch global COVID-19 cases. They also look for hints from Fed officials about the timing for changes in monetary policy. Beyond that, the JOLTS report comes out on Monday. The JOLTS report measures job openings and labor turnover rates. In addition, the Consumer Price Index (CPI) releases on Wednesday. Analysts follow CPI as a monthly inflation indicator. CPI examines price changes for a broad range of goods and services.


    We understand that no two paths to buying a home are the same. Whether you're a first-time homebuyer or a seasoned real estate mogul, we have a variety of products and loans designed specifically to meet your needs. We offer local underwriting and fast approvals to save you time and money. We have options for down payments and additional resources like our Finally Home! online program to help guide you through the home buying process. Contact one of our home loan specialists to discuss your options today!



    More Homes are For Sale as Higher Prices Encourage Sellers

    More Homes Enter the Market as Prices Rise 

    By Breanna Vanstrom, Chief Executive Officer, Boise Regional REALTORS®

    The median sales price for homes in Ada County reached $540,000 in July, up 2.9% from June.

    While our region has faced insufficient supply compared to demand for years — the main driver of home prices — July marked five consecutive months of inventory growth. While still low compared to previous years, there were 1,055 homes available for sale at the end of the month, up 44.7% from June.

    After home prices rose above the $500,000-mark in May, homeowners may have been encouraged to list, as existing inventory was higher than the previous month and year for the second month in a row, something not seen since March of 2020 just before the pandemic hit the market. At the end of June, there were 729 existing homes available for purchase, up 50.3% from June 2021 and up an astonishing 116.3% compared to July 2020.

    Despite more inventory, the speed of the market continues to be fast. The number of days between when a home was listed for sale and an offer was accepted (also referred to as Days on Market) was at 13 days, on average, in July — 22 days faster than the same month last year.

    While the uptick in the number of homes for sale is great news for buyers, they must still be prepared to act quickly. Buyers must also know that an offer acceptance is only the beginning of the work that a REALTOR® will complete throughout a transaction working on behalf of their clients.

    Following the average 13 days on market, as noted above, there were another 52 days between the offer acceptance and closing, on average, based on the homes sold in July. During this time period, there is typically a home inspection and title search, and if the buyer is purchasing with a mortgage, an appraisal, and final loan approvals.

    The REALTORS® representing the buyer and seller help keep these tasks on track and work through any follow-up items, such as negotiating repairs based on the inspection report, providing documentation to the escrow agent at the title company, requesting documents and financials from a homeowners' association (if applicable), and confirming closings costs or mortgage payoffs with the lender. Other behind-the-scenes duties include helping clients coordinate movers, obtain homeowners insurance, switch over utilities, schedule painters, assist with changes of address, maybe locate temporary housing, and much (much) more.

    Research from the National Association of REALTORS® indicates that most people move every 10-15 years. Those gaps in time are where REALTORS® show their value in understanding every step involved, knowing that each home and transaction will be different. REALTORS® guide their clients through the listing, search, and offer processes, and then make sure all terms agreed to in the contract are fulfilled and done on time. They do this in coordination with lenders and escrow officers, etc., to ensure the financing and legal transfer of the property are done correctly.

    Stages of a Real Estate Transaction

    In each of our reports in 2021, BRR is focusing on the various phases of a real estate transaction to help consumers be prepared before, during, and after a real estate transaction, showing them what their REALTOR® will be doing for them along every step, and the key data points they can look for to make sense of the market. 

    To view the Treasure Valley Market Report for July, CLICK HERE.



    Does Your Home Need More Natural Light?

    Spokane Lighting

    Plentiful natural light is one of the top factors that can help sell a home. Experts are quick to tout the benefits of natural light in spurring home sales: not only does natural light help you cut back on energy usage, but it also seems to provide certain health benefits. What's more, potential homebuyers appear to respond better to well-lit homes than to dark ones. If you're thinking of listing your home among Boise homes for sale, you may want to assess your home's natural light and determine if there are ways to boost the light quotient.

    Here are some suggestions for augmenting natural light in your home. 

    1. Add mirrors.
      Adding a mirror will indeed make a room look larger, but an even better trick is to hang a mirror opposite of a window. A mirror can reflect double the amount of light that's shining through the window. Hanging shiny objects on the walls and opposite from the window will also help. Some items in addition to decorative wall mirrors you can hang in your home that will bounce light around: furniture with glass or mirrored accents; silver photo frames; metallic finishes on the ceiling; decorative nickel cabinet pulls; and metallic light fixtures and faucets.

    2. Install larger or more windows.
      This might seem like a pretty drastic step, but if your home needs new windows anyway, you might consider it -- particularly if your home is in serious need of more light. Picture, bow, or bay windows are just the thing to open up your home to more natural light.

    3. Let light in with retro-looking glass blocks in an exterior wall section.
      This retro look is totally contemporary now, particularly with unique textures and shading to complement your architectural style. It's a subtle way to let light in without sacrificing security, privacy, or energy efficiency. 

    4. Open up the ceiling with skylights.
      Skylights let light into your home through the ceiling. Just make sure you have a pro to do the work, so the installation doesn't cause issues for your roof. Skylights are usually ideal in single-story bathrooms and family rooms.

    5. Solar tubes, anyone?
      If you don't have a single-story room that lends itself to a skylight, maybe your home is right for a solar tube. These are reflective, twisting pipes that can be as long as 30 feet from the roof to the ceiling. Available in diameters of 10-14 inches, they cause minimal interference with drywall or paint. The tubes can bring in the equivalent of three 100-watt light bulbs in the smallest size. 

    6. Lighten up.
      Go light when it comes to interior paint or furnishings. Lighter colors will reflect light, while darker walls and furnishing will absorb light. Painting the ceiling lighter than the walls is another trick to make the room look bigger, as well as taller and brighter. A shiny satin or semi-gloss paint will boost the reflective properties of the walls. Select a light-colored sofa or loveseat.

    Our real estate agents have valuable experience that can help you sell your home quicker. Contact us today.


    Walk-Through Checklist for First-Time Homebuyers

    Boise Homebuyers Checklist

    You're about to move into your new home! It's important to do a walk-through to make sure everything is as promised. How do you go about it, though? You've never owned a home before, and you're afraid you'll do it wrong or miss something important.

    Don't worry. Our real estate agents will be there to help you through it. In the meantime, here's a checklist of what you're looking for on your final walk-through.

    What to Bring

    • The final contract outlining what each of you has agreed to.
    • Inspection report, detailing anything broken in the house and outlining promised repairs.
    • Pen and notebook.
    • Phone with a camera.
    • Phone charger.
    • This checklist.
    • Your real estate agent to guide you through it.

    Your Checklist

    • Final Repairs. Go through the inspection report and check that each of the necessary repairs outlined has, in fact, been performed satisfactorily.

    • Bathroom and Kitchen. These are two of the most common sources of problems in a new home. Look for mold growth and leaks. The most likely places are underneath the sinks and by the dishwasher and refrigerator. Turn on the faucets, shower, etc., to make sure they work and have proper water pressure, and flush the toilets.

    • Included Items. What's included with the sale of this house? Is there shelving? Appliances? It should all be outlined in the final contract. Go through to make sure everything is there that's supposed to be.

    • Test Appliances. Turn on the oven and stove to make sure they get hot without smelling like gas. Turn on the furnace and A/C to make sure they blow hot and cold air, respectively. Run the dishwasher through a cycle and the washer and dryer as well. Make sure all appliances work the way they're supposed to.

    • Test Outlets. Take your phone charger, and plug your phone into each outlet in the house to ensure they work properly. Turn each light switch on and off to make sure all the lights are functioning, and ring the doorbell once to see if it can be heard.

    • Doors and Windows. Open and close each of the doors and windows. This will allow you to test whether they move easily if they close and latch securely and if the locks work properly. Make a note if any of them sticks or is otherwise broken.

    • Examine the Grounds. Go through the yard as well. Make sure all the landscaping looks as promised. That includes the lawn, the driveway, and any plants.

    • Check the Garage. Does the garage door open and close as it's supposed to? Are there any holes in the walls or other damage to the general woodwork? Any signs of bugs, rodents, or other pests?

    Make notes and take pictures of everything you find. Discuss it all with your real estate agent. If there are any problems or discrepancies, you and your agent can bring them to the seller together and get them sorted out before you move in.

    Whether it's your first home or your 50th, there are plenty of Boise homes for sale that can meet your needs. Contact us to help you find the right one for you, and ensure that it meets your standards, every step of the way.


    From Our Lending Partners at Idaho Central Credit Union



    Homebuying in 2021

    At Idaho Central Credit Union, we know how overwhelming the task of purchasing a home can be, especially in this market! As exciting and life-changing as it is, the process of buying a home can also be very emotional. ICCU's home loan specialists are here to help you through the rollercoaster and make the transition to home ownership as smooth as possible.

    We have broken down several emotions you can expect to feel on the journey to becoming a home owner, and some unique benefits that ICCU offers to help along the way!


    The excitement is palpable! You've decided to make one of the largest purchases of your life! The options are endless and the housing market is your oyster. What will you choose?

    Getting a preapproved letter from an ICCU Mortgage Loan Officer can make this process go smoothly. Some realtors require house hunters to be pre-qualified to save buyers and sellers time. In order to get pre-qualified, our lenders will want to see employment status, income, debt-to-income ratio, and your credit report. We can then help you determine how much you can afford and what type of loan is best for your situation.

    We have several different tools to help you in these beginning stages of searching for your dream home. The Rent vs Buy Calculator takes into consideration taxes, insurance, and other fees when debating whether you should rent or take the plunge into home ownership. The Mortgage Qualifier Calculator will help you determine how much you can comfortably afford to borrow.


    The house hunting is the fun part! However, there may not be as many options as you thought, and the housing market in certain price ranges can sometimes be a bit slim. Once you're preapproved for a price, there are several things to consider such as square footage, school districts, property trends, and real estate taxes. While some of these factors may be negotiable, there are some that are deal-breakers, and it is easier to have these decisions made before looking at certain houses.

    Market conditions can change quickly and the high hopes that you had for your dream house may change along with it. After looking around and seeing what types of homes are in your area that fit your budget, ICCU is here to help you decide if buying, upgrading, or building is the best option for you.


    Many things can go wrong during the initial stages of the house-hunting process. It can be easy to fall head over heels in love with a house, but you may get outbid or the seller could reject your offer. In a seller's market, there may be several offers on a desirable home very quickly. This can lead to feeling overwhelmed and disappointed if a bidding war ensues or if you feel the need to continue increasing your offers. Keep your head up and your mind open though! The house of your dreams may be just around the corner.


    Making an offer on a house and getting it accepted is the end of the road, right? Not quite so fast! While the first step to owning your dream house is making an official offer and getting it accepted, there is still a lot to do, and determination will be needed to get you to closing!

    A home inspection is usually necessary to find out what problems the house has before you move in. A home appraisal is also needed to give current value to your potential property before your mortgage loan can be processed. Expensive problems with the property found during inspection or discrepancies in the appraisal can both bring more demanding decisions. Our Mortgage Loan Officers have seen every type of complication when it comes to purchasing a home, and we are ready to guide you through these financial decisions!


    Once you've closed on your home, you can breathe a sigh of relief, and start packing. Congratulations, all of those emotions will pay off once you have those keys in hand and the welcome mat set. You are officially a homeowner!

    We understand that no two paths to buying a home are the same. Whether you're a first-time homebuyer or a seasoned real estate mogul, we have a variety of products and loans designed specifically to meet your needs. We offer local underwriting and fast approvals to save you time and money. We have options for down payments and additional resources like our Finally Home! online program to help guide you through the home buying process. Contact one of our home loan specialists to discuss your options today!



    How to Bridge the Appraisal Gap in Today's Real Estate Market

    If you're searching for drama, don't limit yourself to Netflix. Instead, tune in to the real estate market, where the competition among buyers has never been fiercer. And with homes selling for record highs, the appraisal process is receiving more attention than ever. That's because, in a rapidly appreciating market, a property is more likely to appraise below the sales price—which can lead to major repercussions for both buyers and sellers.

    It's never been more important to understand the appraisal process and the risks involved. It's also crucial to work with a skilled real estate agent who can guide you to a successful closing without overpaying (if you're a buyer) or overcompensating (if you're a seller). Find out how appraisals work—and in some cases, don't work—in today's unique real estate environment.


    An appraisal is an objective assessment of a property's market value performed by an independent authorized appraiser. Mortgage lenders require an appraisal to lower their risk of loss in the event a buyer defaults on their loan.

    In most cases, a licensed appraiser will analyze the property's condition and review the value of comparable properties that have recently sold. Appraisal requirements can vary by lender and loan type, and in today's market, in-person appraisal waivers have become much more common. If you're applying for a mortgage, be sure to ask your lender about their specific terms.


    An appraisal contingency is a standard inclusion in a home offer. It enables the buyer to make the closing of the transaction dependent on a satisfactory appraisal wherein the value of the property is at or near the purchase price. This helps to reassure the buyer (and their lender) that they are paying fair market value for the home and allows them to cancel the contract if the appraisal is lower than expected.

    Low appraisals are not common, but they are more likely to happen in a rapidly appreciating market, like the one we're experiencing now. That's because appraisers must use comparable sales (commonly referred to as comps) to determine a property's value. This could include homes that went under contract weeks or even months ago. With home prices rising so quickly, today's comps may be lagging behind the market's current reality. Thus, the appraiser could be basing their assessment on stale data, resulting in a low valuation.


    When a property appraises for less than the contract price, you end up with an appraisal gap. In a more balanced market, that could be cause for a renegotiation. In today's market, however, sellers often hold the upper hand.

    That's why some buyers are using the potential for an appraisal gap as a way to strengthen their bids. They're proposing to take on some or all of the risk of a low appraisal by adding gap coverage or a contingency waiver to their offer.

    Appraisal Gap Coverage

    Buyers with some extra cash on hand may opt to add an appraisal gap coverage clause to their offer. It provides an added level of reassurance to the sellers that, in the event of a low appraisal, the buyer is willing and able to cover the gap up to a certain amount.

    For example, let's say a home is listed for $200,000 and the buyers offer $220,000 with $10,000 in appraisal gap coverage. Now, let's say the property appraises for $205,000. The new purchase price would be $215,000. The buyers would be responsible for paying $10,000 of that in cash directly to the seller because, in most cases, mortgage companies won't include appraisal gap coverage in a home loan.

    Waiving The Appraisal Contingency

    Some buyers with a higher risk tolerance—and the financial means—may be willing to waive the appraisal contingency altogether. However, this strategy isn't for everyone and must be considered on a case-by-case basis.

    It's important to remember that waiving an appraisal contingency can leave a buyer vulnerable if the appraisal comes back much lower than the contract price. Without an appraisal contingency, a buyer will be obligated to cover the difference or be forced to walk away from the transaction and relinquish their earnest money deposit to the sellers.

    It's vital that both buyers and sellers understand the benefits and risks involved with these and other competitive tactics that are becoming more commonplace in today's market. We can help you chart the best course of action given your individual circumstances.


    You need a master negotiator on your side who has the skills, instincts, and experience to get the deal matter what surprises may pop up along the way. If you're a buyer, we can help you compete in this unprecedented market—without getting steamrolled. And if you're a seller, we know how to get top dollar for your home while minimizing hassle and stress. Contact us today to schedule a complimentary consultation.


    Spam Email: Best Practices


    Tips for Dealing with Spam Email

    From Your Friends at Integrity Computer Consulting and Repair

    We have seen an unprecedented rise in spam email, spoofing and phishing attacks are on the rise as well.  Unfortunately we see these continuing and increasing into the future.  

     Here are a few best practices and tips keep it to a minimum: 

    1. When in doubt, do not open the email. Many spam emails have attractive subject lines to get you to open the email.  When that happens, the sender/spammer is notified with analytics and they will keep sending emails to you.
    2. Do not reply to spam or spoofed emails. Google the business and call the number from there if you are unsure of an email's legitimacy.
    3. Email management is key.  Do not delete these messages.  Move them to your spam filter or mark them as junk, often this is as simple as a checkmark or a right-click on the message in the email list to do this.  It can be done in Outlook and the web portals for all email providers. All mail servers are heuristic and actively and constantly learn how users use their email.  The more you move to spam and junk, the more your email provider will start to put there automatically.
    4. Never respond to emails asking you to verify information like phone numbers, credit card info, etc. These are phishing emails and are 100% never legitimate.  If you have fallen victim to a phishing email, please call our office so we can assist you in securing the account that was compromised.
    5. Unsubscribe from those pesky newsletters you signed up for. Scroll down to the bottom of the email and hit that link to unsubscribe.  It can be automatic or they will give you a list of options to unsubscribe from.
    6. Covet your business and personal email addresses.  Is saving 50¢ on a gallon of milk, gas, etc, worth years of daily headache with spam emails and also giving businesses the ability to sell your information or lose it in a data breach?  It's more common than you think.
    7. Set up a separate email for those spammy newsletters, loyalty programs, etc.

     As always you can send questionable emails to us for evaluation.  Send them to However, as most of these emails are spam, they do get caught in our spam and junk filters.  If you do not receive a response, please call our office at 208.288.4345 and check to make sure we have received it. 


    From Our Lending Partners at Idaho Central Credit Union



    Good Hospitality Job Gains Fuel Hope in Promising Mortgage Market

    Last week's labor report illustrated good hospitality job gains after a rough 2020. Overall, this continues to fuel hope in what's quickly becoming a promising mortgage market.

    However, the job gains fell in line with current expectations. As a result, mortgage rates ended the week nearly unchanged.

    Good Hospitality Job Gains

    In May, the economy gained 559,000 jobs. Thus, May's job gains fell a little below the consensus forecast of 650,000.

    Not only were there good hospitality job gains, the leisure sector realized economic strength as well. Again, this is after the economic nightmare of 2020. When the coronavirus pandemic struck, both the hospitality and the leisure sectors saw limited activity. Simultaneously, both sectors saw countless layoffs while the American economy spiraled. For now, it appears that the worst is over.

    The unemployment rate fell to 5.8%. In conclusion, this dropped slightly below the consensus of 5.9%. On the other hand, average hourly earnings rose 2.0% higher than a year ago. In addition, the most recent average hourly earnings jumped up from an annual rate of increase of 0.4% last month. Generally, analysts view average hourly earnings as an indicator of wage growth.

    Economic Prospects Aside from the Good Hospitality Job Gains

    Even with another month of good hospitality job gains, the economy still has a long way to go. 2020 accounted for countless financial losses due to the global COVID-19 pandemic.

    While the economy faces a path to recovery, it has about seven million fewer jobs than it did early last year. Therefore, Fed officials desire to move slowly before tightening monetary policy.

    Manufacturing Sector Update

    Aside from the job gains spearheaded by the hospitality and leisure sectors, last week showed other economic news. The Institute of Supply Management (ISM) remained at very high levels, as expected.

    The national manufacturing index rose to 61.2. Also, the national services index increased to 64.0. This is a record high.

    Levels above 50 indicate that the sectors are expanding. Of note, a large number of companies reported difficulties in hiring enough workers to keep up with growing demand.

    Looking Ahead After the Good Hospitality Job Gains

    Looking ahead after the good hospitality job gains, investors monitor global COVID-19 case counts and the vaccine distribution. Analysts widely follow the Consumer Price Index (CPI). In essence, CPI looks at the price change for goods and services.

    Commentary provided by MBSQuoteline

    For answers to your questions regarding this information and what it might mean for you, please don't hesitate to contact us. We are here to help!



    Take Advantage of Your Home Equity: A Homeowner's Guide

    Homeownership offers many advantages over renting, including a stable living environment, predictable monthly payments, and the freedom to make modifications. But one of the biggest benefits it offers is the opportunity to build wealth over time. Researchers at the Urban Institute found that homeownership is financially beneficial for most families, and studies have shown that the median net worth of homeowners can be up to 80 times greater than that of renters in some areas.

    So how does purchasing a home help you build wealth? And what steps should you take to maximize the potential of your investment? Find out how to harness the power of home equity for a secure financial future.


    Home equity is the difference between what your home is worth and the amount you owe on your mortgage. So, for example, if your home would currently sell for $250,000 and the remaining balance on your mortgage is $200,000, then you have $50,000 in home equity.

    The equity in your home is considered a non-liquid asset. It's your money; but rather than sitting in a bank account, it's providing you with a place to live. And when you factor in the potential of appreciation, an investment in real estate will likely offer a better return than any savings account available today.


    A mortgage payment is a type of "forced savings" for home buyers. When you make a mortgage payment each month, a portion of it goes towards interest on your loan, and the remaining part goes towards paying off your principal, or loan balance. As your loan balance goes down, your home equity goes up.

    Additionally, the value of your home generally increases, or appreciates, over time. And when you sell it, even if you've only paid off a small portion of your mortgage, you get to keep 100% of your property's appreciated value. That's the wealth-building power of real estate.


    There are two basic ways to increase the equity in your home:

    1. Pay down your mortgage. Some homeowners do this by adding a little extra to their monthly payment, making one additional payment per year, or making a lump-sum payment when extra money becomes available. Another option is to decrease your amortization period. For example, if you can afford the higher monthly payment, consider refinancing from a 30-year or 25-year mortgage to a 15-year mortgage

    2. Raise your home's market value. Many homeowners enjoy do-it-yourself projects that add value at a relatively low cost. Others choose to invest in larger, strategic renovations. Keep in mind, you won't necessarily get back every dollar you spend on upgrades, so consult a professional before making any major investments.

    A word of caution: neglecting routine maintenance could decrease your home's value (and equity), so be sure to stay on top of recommended upkeep and repairs.


    What if you want to tap into your home's equity while you're still living in it? There are several ways to borrow against your home equity, depending on your needs and qualifications:

    1. A Second Mortgage (or Home Equity Loan) enables you to borrow a lump sum, which you are responsible for paying back—with interest—over a set period of time. Most second mortgages have a fixed interest rate and provide the borrower with a predictable monthly payment.

    2. With a Cash-Out Refinance, you refinance your mortgage for a higher amount than you currently owe. Then you pay off your original mortgage and keep the difference as cash. This option may be preferable if you have a high-interest rate on your current mortgage or prefer to make just one payment per month.

    3. A Home Equity Line of Credit (HELOC ) is a revolving line of credit, similar to a credit card. It allows you to draw out money as you need it. The interest rate on a HELOC is variable, so your payment each month could change depending on how much you borrow and how interest rates fluctuate.

    4. A Reverse Mortgage enables qualifying seniors to borrow against the equity in their home to supplement their retirement income. In most cases, the loan (plus interest) doesn't need to be repaid until the homeowners sell, move, or are deceased.

    It's important to note that borrowing against your home's equity isn't always the best option, and it carries the risk of foreclosure if you default. Please ask for a referral to a lender or financial adviser to find out if a home equity loan is right for you.


    If you're ready to begin building equity with a new home purchase, grow the value of your current home, or access your equity through a home sale or loan—help is here.  Schedule a complimentary consultation!

    The above references an opinion and is for informational purposes only. It is not intended to be financial advice. Consult a financial professional for advice regarding your individual needs.


    Moving Tips: How to Help Your Kids Adjust

    Moving Tips

    Moving is one of the most exciting yet stressful events in a person's life, but for kids, adjusting to a new environment can be especially difficult. The ages of your children also may play a role in how they cope with the change. Regardless, moving is an emotional experience, and taking the time to learn how to minimize the impact on your family is definitely important. Our real estate agents have helped many families move, and with our experience, we've pulled together a list of tips to help your kids adjust to a change in scenery. 

    1. Talk To Your Kids Upfront
      Kids often become upset when faced with the unknown, so it's best to talk with them upfront about your plans. If you're frequently discussing the move with your partner, your kids will be quick to pick up on the idea that something is up or about to change. Once you've figured out your plan, it's a good idea to have a sit-down family discussion and keep them in the loop.

    2. Provide Stability
      Most kids become anxious when they feel that life is changing. Reassure them and remind them that some things will still be the same. If you're moving a short distance, remind them that they can still visit with friends. If the entire family is moving, reinforce the idea that everyone will be together. If the move is a result of a divorce, plan and discuss visitation routines ahead of time. Whatever your situation is, make sure to build, prioritize, and communicate a sense of stability.

    3. Take Your Kids To The New House
      In the weeks leading up to the move, take your kids to visit the new home. Allow them to see their new bedroom and point out where your belongings and furniture will go. Be sure to drive by any nearby amenities such as parks, pools, and libraries, and take your kids to visit their new school well before the first day. The more kids can ease into the moving process, the smoother it will be.

    4. Allow Them To React
      During the moving process, your kids are likely to experience a wide range of emotions, including sadness, anxiety, frustration, and perhaps even anger. Don't dismiss or minimize their feelings. Talking and venting are important parts of the adjustment process. Allow them to express their emotions so they can adequately adjust to the changing environment. 

    5. Help Them Say Goodbye
      If your kids will be leaving parts of their life behind, helping them say goodbye can provide them with the closure they need to adjust to new surroundings. If changing schools, allow them to say goodbye to teachers and friends. Doing a final walkthrough of the old house is also a good way to reminisce and enjoy the good memories you had.

    While changing homes can be challenging for families, it's a lot easier when you're moving to a place you love. If you're planning to relocate, check out some of these beautiful Boise homes for sale. We'd be happy to guide you through the process, so contact us today.


    Ada County's Median Sales Price Sets Record

    Ada County Median Home Prices Exceed $500,000 

    By Breanna Vanstrom, Chief Executive Officer, Boise Regional REALTORS®


    Note: Last year, our May 2020 market report showed a nearly 30% drop in sales year-over-year in Ada County, the largest drop since 2008. Sales were down because REALTORS® and consumers heeded the statewide stay-home order that was in place at that time, and sales quickly rebounded as we moved through the phased re-opening plan. Since there will be stark fluctuations when comparing activity this year to last year, we will focus on month-over-month changes instead.  


    The median sales price for homes in Ada County reached a new record of $523,250 in May, up 8.7% compared to April 2021. Crossing this threshold may have been anticipated by some, considering the recent report from shared by the Idaho Statesman noting that the Boise metro's price growth was the highest in the country over the past four years.

    The Boise region has faced insufficient supply for years, which has been the main driver of home prices, but several factors have accelerated the growth in recent months. Buyer demand remains high due to historically low mortgage rates, and the added ability for more people to work remotely has likely increased in-migration due to our relative comparative affordability in comparison to more expensive metro areas.

    Further, the supply of homes for sale continues to be restricted by longer homeownership tenure, baby boomers aging in place, and hesitancy from potential sellers who may be concerned about finding another home in these competitive market conditions.

    New construction has often been an option for those looking to sell their existing home; however, due to rapid increases in material costs — especially lumber — coupled with supply chain disruptions, not only are new construction homes more expensive, some builders have held back available inventory until they are closer to delivery so they can price the property based on final materials costs. As a result, new construction home prices reached a median sales price record of $544,986 in May 2021 — an increase of 16.0% from the previous record of $469,900 in April 2021.

    With delays in new home delivery, demand for existing homes that are ready to move-into, further increased. Prices followed suit with nearly 70% of buyers willing to pay over list price for existing homes in May 2021, compared to 30% from a year ago. This led to a new record median sales price for the existing segment of $523,250, up 8.7% from the previous record of $481,208 in April 2021.

    However, the amount buyers were willing to pay over list price varied by the price point of the home, with the most expensive homes selling for the highest amount over list. For homes that sold at or above $750,000, buyers were willing to pay nearly $80,000 beyond list price, on average, in May 2021, putting additional upward pressure on the overall median sales price.

    Average Paid Over List Price - Existing Homes - Ada

    The speed at which Ada County homes went under contract also accelerated, as the average number of days between when a home was listed for sale and an offer was accepted dropped to a record low of 12 — two days faster than in April 2021. Existing homes had accepted offers within just nine days, on average, the shortest amount of time on record, and 10.0% faster than last month.

    The drastic rise in home prices and competitive market conditions can be challenging for those looking to get into the market, particularly at the lower price points. Some may decide to wait awhile before starting their home search or continue to save for a down payment to improve their purchase options, while others may consider expanding their search area for homes farther from the Boise metro. But for those who are ready to buy, we want to stress that while it's taking more work to purchase a home right now, it isn't impossible to buy a home in the Treasure Valley. We have hundreds of sales closing just in Ada County every month and working with a REALTOR® is your best bet to help guide you through the fast and complex process.

    When you're ready to start your home search, your REALTOR® will likely present a buyer representation agreement, giving them permission to work on your behalf, including the ability to write, present, and negotiate offers for you, once you find a home you'd like to purchase. Additionally, your agent can advise you on search strategies to find homes that fit your needs and budget and discuss the financial and legal implications of presenting offers over list price or that may waive certain contingencies like an inspection or appraisal, and whether those tactics are right for you and your specific situation.

    Stages of a Real Estate Transaction

    In each of our reports in 2021, BRR is focusing on the various phases of a real estate transaction to help consumers be prepared before, during, and after a real estate transaction, showing them what their REALTOR® will be doing for them along every step, and the key data points they can look for to make sense of the market. 

    To view the Treasure Valley Market Report for May, CLICK HERE.



    Pets and Plants - What's Not Safe?

    Boise North End

    Now that spring has arrived, many of us are welcoming tulips, daffodils, and other perennials to our gardens. After a gray and gloomy winter, the bright blooms are a glorious sight!

    Local stores and greenhouses are overflowing with colorful flowers, creating the yearly hustle to get pots and beds planted to adorn our homes. It's hard to believe that these beautiful posies could cause our pets harm, but, sadly, many can cause intestinal upset, and some can lead to death.

    When making your shopping list, here are some spring plants that can cause serious harm to your four-legged family member. If you have any of these perennials/bulbs planted where your fur-kids can get to them, you might consider moving them to a different location.

    All Lilies

    Both blooms and leaves can result in kidney failure in cats. Many varieties, including peace lilies, calla lilies, and autumn crocus are dangerous to dogs, as well.


    These beauties (including paperwhites and narcissus) contain lycorine that can be poisonous to pets. The toxins are primarily in the bulbs but leaves and blooms can also cause cardiac arrhythmias and convulsions.


    Common in hanging baskets and pots, geraniums can cause skin rashes, low blood pressure, lethargy, and loss of appetite.


    Like daffodils, most of the toxins in tulips reside in the bulbs, however, the rest of the plant can also cause vomiting, diarrhea, and excessive drooling.


    Popular for their ease of growth, begonias can thrive in many conditions, but can cause serious burning and irritation of the mouth, tongue, and lips.


    Ingesting any part of this plant can result in vomiting, seizures, and cardiac arrest.

    For printable lists of toxic and non-toxic plants, visit


    Housing Market Pace and Prices Pick Up in April

    Our Area's Insufficient Supply of Homes Continues to Affect the Market Pace and Home Prices 

    By Breanna Vanstrom, Chief Executive Officer, Boise Regional REALTORS®


    Note: Last year, our April 2020 market report showed a nearly 20% drop in sales year-over-year in Ada County, a figure not seen since 2011. This did not come as a surprise as REALTORS® and consumers heeded the statewide stay-home order that was in place at that time, and as anticipated, sales rebounded as we moved through the phased re-opening plan. Since there will be stark fluctuations when comparing activity this year to last year, we will present any year-over-year comparisons with both 2020 and 2019 figures, where applicable, but focus on month-over-month changes in the next few reports.


    The speed at which Ada County homes went under contract accelerated in April 2021 as the average number of days between when a home was listed for sale and an offer was accepted dropped to a record low of 14 — 36.4% faster than in March 2021. Existing homes had accepted offers within an average of just 10 days — 28.6% faster than last month.

    The fast pace of the market was due to the insufficient supply of homes for sale compared to buyer demand. This imbalance in supply versus demand, as well as the fact that nearly 70% of buyers of existing/resale homes paid more than the list price last month, put upward pressure on home prices. The median sales price in April reached a record $489,000 for existing/resale homes — up 2.8% from March 2021.

    Another factor impacting price was the historically low mortgage rates, which enabled some buyers to purchase at these higher price points, or, allowed them to increase their offers to be more competitive. In April 2021, the 30-year fixed rate was at 3.1%, on average, compared to 3.3% in April 2020 and 4.1% in April 2019.

    As more homes sell above the listed price, many sellers rely on research provided by their REALTOR® to set the price initially and what they will accept.

    REALTORS® offer sellers guidance when it comes to setting their list price by comparing similar homes that recently sold nearby or are currently on the market, making adjustments for square footage, upgrades, amenities, location, and so on. Your agent might suggest various pricing strategies to ensure the home is listed within common price range searches to get in front of more buyers, or, suggest a price below similar market comparables to encourage more offers, which often results in higher sales-to-list price ratios or multiple offer situations.

    Ultimately, the decision on what the property will be listed for is made by the seller based on their goals, and the sold price is determined by what buyers are willing to pay.

    New construction home prices also reached a median sales price record of $469,900 in April 2021 — an increase of 1.9% from March 2021. In addition to buyer demand, prices for new homes reflect the ever-increasing cost of materials, especially lumber. Using the most recent data available, through March 2021, the national price of lumber and wood products increased by 28.8% since 2020, and by 30.5% since 2019.

    These costs are being passed along to homebuyers, and due to the uncertainty in the availability and price of materials, some builders are holding back available inventory until they are closer to delivery so they can price the property based on the actual build cost.

    Producer Price Index by Commodity - Lumber and Wood Products

    But because some prospective sellers are also holding back existing homes from the market — sometimes due to concerns over COVID-19, but more often so they can find their next home before listing their current one — the extreme lack of existing supply has made new homes less expensive, on average, than existing homes for the past three months.

    These unprecedented trends of new homes selling for less than existing homes, the willingness of buyers to pay over list price, and the record fast market times illustrate the incredible demand we've been experiencing, driven by low rates and insufficient supply.

    One trend we hope to see continue was the uptick in inventory between March and April. The number of homes for sale was up 22.4% month-over-month with 361 homes available at the end of April. Additionally, another 671 homes became available and went under contract during the month, for existing and new construction combined. While the market is moving fast, these figures show that inventory is available.

    If you're considering selling, reach out to a REALTOR® today to get current and hyper-local research to guide your list price decisions and to expose your home to the widest pool of potential buyers through the multiple listing service.

    Stages of a Real Estate Transaction

    In each of our reports in 2021, BRR is focusing on the various phases of a real estate transaction to help consumers be prepared before, during, and after a real estate transaction, showing them what their REALTOR® will be doing for them along every step, and the key data points they can look for to make sense of the market. 

    To view the Treasure Valley Market Report for April, CLICK HERE.



    From Our Lending Partners at Idaho Central Credit Union



    Job Gains See a Startling Plummet Lowering Mortgage Rates

    This past week marked disappointment in the labor market as job gains see a startling plummet. The major economic data accompanied by Friday's labor market report fell well below analyst expectations. As a result, mortgage rates ended the week lower.

    Why Did We See Such a Shortfall in Job Gains?

    The monthly employment report was highly anticipated. Without a doubt, the report saw an enormous miss, but the reason why is far less clear. In April, job gains saw a surprising downturn when the economy gained just 266,000 jobs. Thus, job gains notched far below the consensus forecast of 975,000.

    To make matters worse, the unemployment rate increased to 6.1%. Therefore, the unemployment rate rose above the consensus for a total decline to 5.8%.

    Now, investors debate the cause of the shortfall. Whereas some believe it is due to unexpectedly slow job creation by companies, others feel that there is a lack of available workers to fill positions.

    While job gains experienced this decline, the average hourly earnings showed positivity. Analysts consider average hourly earnings to be an indicator of wage growth. In April 2021, earnings rose 0.7% from March. Due to this outcome, average hourly earnings slightly increased above the consensus forecast.

    However, they still were only 0.3% higher than a year ago, down from an annual rate of increase of 4.2% last month. The rapidly shifting proportion of higher paying and lower paying jobs in the U.S. has made average wage growth highly volatile in recent months.

    Manufacturing Fell Short of Forecasts

    Aside from job gains seeing a startling plummet, there were a couple of other significant economic reports released this week from the Institute of Supply Management (ISM). However, they also fell short of the forecasts.

    The ISM national manufacturing index unexpectedly dropped to 60.7. This statistic is well below the consensus forecast of 65.0. Similarly, the ISM national services index fell to 62.7. Once again, the data declined below the consensus of 64.0.

    Overall, these two reports did not meet the elevated expectations of investors. However, levels above 50 indicate that the sectors are expanding. In conclusion, both reports remained quite strong by historical standards.

    Looking Ahead

    Looking ahead after the surprising drop in job gains, investors still monitor global COVID-19 case counts and vaccine distribution.

    Beyond that, the Consumer Price Index (CPI) releases on Wednesday. Analysts and investors widely follow the CPI monthly inflation report. They use this data to gauge the price change for goods and services.

    Retail Sales comes out on Friday. Since consumer spending accounts for over two-thirds of U.S. economic activity, retail sales data is a key indicator of growth.

    Commentary provided by MBSQuoteline

    For answers to your questions regarding this information and what it might mean for you, please don't hesitate to contact us. We are here to help!



    Malware & Viruses are Increasing!


    Keep Your Online Information Safe

    From Your Friends at Integrity Computer Consulting and Repair

    During this time people are conducting a lot of business via email, spending money online, and trying to find information online. Please be vigilant when opening emails, browsing the internet, downloading free software or games, and clicking on links in email and on the internet.

    • Fake emails from Amazon, Paypal, TurboTax, etc. are a daily occurrence. For most users, your spam filtering on your email account picks these types of emails up.  However, some do get through.  Please be extremely cautious opening these emails or downloading attachments from them. Please check the email address first and foremost, if the email does not line up with the company, mark it as junk and disregard.  Then mouse over (DO NOT CLICK ON) the links in the email; do they take you to a legitimate website? If not, mark it as junk and disregard.  If you have any questions about the validity of an email you can always send it to us at  (Be forewarned, if we do not respond within 24 hours, it may have gone into our own junk folder.  Please call our office for a follow-up if necessary.)
    • Malicious pop-ups on the internet are worse than ever. They usually take over your computer, are very loud with either an alarm or voice telling you your computer is infected, and request you call a number for "tech support".  Usually, a simple reboot can clear this from your machine.  First, try CTRL+ALT+Delete to correctly reboot your computer, however, in most instances, we are finding that you will have to hard reboot, aka push the power button until the computer shuts down. After you reboot and go back on the internet, make sure to click the option to NOT restore the previous session. 
    • Browser hijackers are also increasing.  You go to a website or download a program and it asks to install an extension… you allow it and then your entire browser is infected.  In many instances, we are having to reload computers due to these, as they sometimes install extensions in your internet browser and affect your registry.
    • Click-bait articles, product advertisements, and videos are also a rising nuisance as people try to seek out information on Covid-19 and the correlating vaccines.  If it seems outrageous or too good to be true, please do not click on it! Only click on trusted sources only when searching for information or buying products.

      If you have any questions about updates, pop-ups, emails, or need a clean-up, this can be done remotely.  Please contact our office via phone at 208.288.4345 or email if you need immediate assistance.


      How the Service Sector Growth Fuels the Expanding Economy



      This week's story focused on how the service sector growth fuels the expanding economy. Across the board, the United States realized market growth and increasing inflation. Despite the strong data, mortgage rates ended the week slightly lower.

      Service Sector Growth Affects Mortgage Rates

      The most significant economic report this week exceeded expectations by a considerable amount. The ISM national services index jumped from 55 to 64. This result is far above the consensus forecast of 59. It is also the highest ISM national services index level ever recorded.

      The service sector accounts for more than 75% of the United States' economic activity. Readings above 50 indicate that the United States economy is expanding. Thus, the service sector growth tends to have a substantial impact on mortgage rates.

      Service Sector Growth Dovetails into Employment Data

      Last week's key Employment data revealed that companies are hiring back workers. This is taking place after companies laid off numerous employees throughout the coronavirus pandemic. However, Tuesday's JOLTS report pointed to exceptional strength in the labor market and service sector growth.

      At the end of February, job openings jumped to 7.4 million. Based on analyst expectations, this statistic soared above the consensus forecast. It is also the most monthly job openings since January 2019.

      Ultimately, unfilled positions reflect increased demand for more workers, indicating labor market tightness.

      Signs of Rising Inflation

      The time during the pandemic is characterized by reduced economic activity. Overall, this led to a decline in inflation. The inflation decline is one of the chief factors lowering mortgage rates.

      Recently, the vaccine rollout moved forward. In addition, many parts of the United States economy are reopening, and this week reflected service sector growth. Investors worry that inflation may be heading higher. Subsequently, this week's data amplified those concerns.

      The Producer Price Index (PPI) is a widely followed monthly inflation report. PPI looks at the price change for raw materials and intermediate goods used to make final products. In March, PPI jumped 1.0% from February, far above the consensus forecast of 0.5%. Also, PPI rose 4.2% higher than a year ago, the highest annual rate of increase since 2011.

      As a result of the service sector growth and expanding economy, there are finally signs of rising inflation.

      Looking Ahead After the Service Sector Growth

      Looking ahead after the service sector growth, investors monitor the market for COVID-19 case counts and vaccine distribution.

      Beyond that, the Consumer Price Index (CPI) comes out and is a widely followed monthly inflation report. Mainly, CPI examines the price change for goods and services.

      Retail Sales data released on Thursday. Consumer spending accounts for over two-thirds of American economic activity. Because of this, retail sales data is a key indicator of growth.

      Commentary provided by MBSQuoteline



      What's Causing Our Competitive Real Estate Market?

      Insufficient Supply Causing Our Competitive Housing Market 

      By Breanna Vanstrom, Chief Executive Officer, Boise Regional REALTORS®


      Anyone looking to buy a home has heard of or experienced the fast pace of the real estate market. In March 2021, the average number of days between when a home was listed for sale and received an offer to purchase was 22 — 50.0% faster than in March 2020. Offers were accepted even faster for existing homes with an average of 14 days — 24.1% faster than a year ago.

      The insufficient supply of available homes compared to buyer demand is the main reason the market is moving so quickly, and the competitiveness of the market continued to impact home prices. The median sales price in March was at $475,500 for existing homes — up 35.0% year-over-year, due in part to buyers often paying more than the list price to make their offer stand out.

      REALTORS® offer guidance and expertise to sellers when it comes to list price, but ultimately the decision on what the property should be listed for is set by the seller. Further, the sold price is determined by what buyers are willing to pay and which offer is accepted by the seller. With our competitive market conditions, there are often reports of homes selling significantly over list price, which may be a part of the pricing strategy.

      On average last month, existing/resale homes in Ada County sold for approximately $18,000 over list price. If you're searching for a home, this is certainly something to keep in mind. Your REALTOR® can pull recently sold comparables to see what homes similar to what you are looking for are selling at, including how much over list. If it's a significant difference, consider reducing the top end of your price range so you're still looking at homes that could be purchased within your overall budget, where possible.

      Speaking of budget, working with a mortgage lender early on is crucial. For buyers that have credit concerns or questions about saving for a down payment, creating and implementing a plan well before you begin searching for a home will allow you to shop confidentiality when you're ready. Lenders may also help identify down payment programs or grants to help first-time homebuyers, for example, especially where affordability is a concern.

      Ryan Froehlich, President of the Idaho Mortgage Lenders Association Boise Chapter, noted that "one of the main drivers of housing affordability are interest rates, which have pushed up off of the historic lows experienced during much of 2020, however, continue to be very low giving borrowers strong buying power. Rates fluctuate daily and a great indicator for rate movement is to watch 10-year treasury bond yields, which as of this past week have been pointing to a slight downward trend in rates. With that said, if you have a property under contract the recommendation is to lock your rate as the bond markets can be dynamic. As the number of COVID-19 vaccinations continues to build and the economy continues to open back up there looks to be more pressure on upward rate movement, hopefully in a gradual and natural fashion."

      Historically low rates are continuing to drive demand from prospective home buyers, along with rising rental costs. As reported by KTVB, "Boise rent has gone up 16% since March 2020, according to a study done by Apartment List. The study also said Boise rent rose 3.4% in March 2021." Additionally, the desire to own a home and move away from rentals – in some cases from larger metro areas, due to COVID-19 – have also been factors increasing home buyer demand.

      Looking at our March 2020 report, we were unsure of the impact the pandemic would have on the local real estate market, which we now know has roared back despite a few months of limited activity last year. We will do our best to provide context to year-over-year figures in the next few months of reports – keeping in mind that sales activity for April and May, in particular, might look high in comparison to 2020 since sales were dampened in those months as a result of the statewide stay-home order.

      Although real estate was deemed essential in Idaho, the level of general uncertainty put a lot of home buyers and sellers on pause. In July, we began seeing year-over-year increases in existing/resale sales, while listing activity remained below 2019 levels throughout most of last year. This, compounded with the overall trend of year-over-year declines in existing inventory since 2014, further contributed to the insufficient supply compared to the demand problem we find ourselves in today.

      However, there are still homes available for purchase, even if they are selling quickly or over list price. These competitive conditions mean it is imperative for prospective buyers to work with a REALTOR® to help them through the process. Sellers, too, are finding that their REALTORS® provide tremendous value in helping them determine the best pricing strategy based on current market conditions specific to their property and managing multiple offer situations.

      If you are considering buying a home soon or anytime this year, talk to a REALTOR® right away. Together, you can make a plan that works best for your timeline, especially if you need to coordinate selling your current home and would like to negotiate a rent-back agreement.

      In this pre-purchase stage, your REALTOR® and mortgage lender will advise you on what's needed to prepare your search process, such as qualifying for a mortgage, firming up your down payment funds, establishing your search criteria, and timeframe. They can also prepare you for the financial and legal implications related to a home purchase, most importantly what to expect when making offers, including offers over list price, ways to compete with cash offers, how to avoid fair housing violations by skipping the buyer "love letter", holding off on any large purchases or credit pulls to protect your loan qualification, and discussing any contingencies that a seller may request be waived, such as an inspection or appraisal, and how that may create risk for you… and more.

      Stages of a Real Estate Transaction

      In each of our reports in 2021, BRR is focusing on the various phases of a real estate transaction to help consumers be prepared before, during, and after a real estate transaction, showing them what their REALTOR® will be doing for them along every step, and the key data points they can look for to make sense of the market. To find a REALTOR®, please visit

      To view the Treasure Valley Market Report for March, CLICK HERE.



      From Our Lending Partners at Idaho Central Credit Union



      The Tide May Be Turning for Mortgage Rates and Inflation

      Overview: Over the past week, investors remained focused on the incoming economic data, the vaccine rollout, and government stimulus spending. Mortgage markets continued to be volatile, but rates ended the week with little change.

      Two key reports from the Institute of Supply Management (ISM) are closely watched by investors each month, and the latest data contained mixed results. The ISM Manufacturing Index rose to 60.8, above the consensus forecast of 59. This was up from a low of 41.5 in April 2020 and matched the highest level since 2004. By contrast, the ISM Services Index declined to 55.3, well below the consensus forecast of 58.5, reaching the lowest level since May. Readings above 50 indicate an expansion, meaning that both sectors are growing. However, manufacturing has been steadily rebounding in nearly every area, while certain services, such as hospitality, are still constrained by the pandemic.

      The reduced economic activity resulting from the pandemic caused a significant decline in inflation last year, which was one of the factors responsible for record-low mortgage rates. However, investors are now worried that the trend may have reversed due to improving economic conditions. In January, the core Personal Consumption Expenditures (PCE) Price Index was 1.5% higher than a year ago, above the consensus forecast and up from an annual rate of increase of 1.4% last month. The core PCE Price Index is the inflation indicator favored by Federal Reserve officials, and, as such, it more heavily influences monetary policy than other inflation measures.

      For more detailed economic information, or to discuss how this affects you, please contact one of our mortgage loan officers by clicking the image below!

      Commentary provided by MBSQuoteline



      Is This The Year You Should Upgrade Your Kitchen?

      Kitchen Upgrade Tips

      Many people call the kitchen the heart of the home, and it's easy to see why. It's used by multiple family members throughout the day and becomes a gathering spot for family and friends. And as people spend more time at home, this year is the perfect time to make your kitchen more appealing to yourself and your family as well as to prospective buyers if you're selling your home.

      If your kitchen is outdated, an upgrade can improve its appearance and make it easier for you to complete your food preparation tasks. Our real estate agents suggest the following ways to upgrade your kitchen this year:

      • Appliances that feature germ-control  
        Several manufacturers – including LG Electronics and Whirlpool – are set to roll out products that remove germs and allergens. LG, for example, has a refrigerator that uses ultraviolet lights to sterilize. And Beko Electrical Appliances Co. has a fridge that has a disinfection drawer.

      • Lower-maintenance faucets, fixtures, and more 
        COVID-19 has also made homeowners prioritize cleanable kitchen finishes, and in some cases, microbial. Look for coated finishes like smudge-resistant stainless steel and countertops that are non-porous and stain-resistant. In some cases, countertops and other frequently touched surfaces can be antimicrobial.

      • Large kitchen islands   
        With more people staying at home, having room to prep for a meal is more important than ever. That's why homeowners want to add a kitchen island or improve the one they already have. If you choose to upgrade your kitchen with an island, make sure it features storage in the form of shelving, cabinets, or pull-out drawers.

      • Updated hardware  
        You probably don't pay much attention to your kitchen hardware. But if your knobs, pulls, and faucets are outdated, you can easily – and inexpensively – replace them to have a big effect on your kitchen's appearance. New hardware can give your kitchen a more modern, attractive look that creates an instant update.

      • A fresh paint job   
        Painting your kitchen yourself or paying someone to do the job can make your kitchen look newer as it provides an instant refresh. Especially if you don't have much natural light in the room, using a lighter or brighter color can instantly give your kitchen a boost. If you're selling your home, it's best to stick to a relatively neutral color.

      • Upgraded cabinets  
        Cabinets are workhorses in the kitchen, so if something about them has left you less-than-satisfied in their appearance or performance, now's the time to upgrade. Your cabinets don't need to be completely redone to achieve these results – often, a refreshed paint job will be enough to improve their appearance. You can also fix issues such as squeaky doors, chipped paint, and loose handles to help restore your kitchen into a point of pride.

      • New backsplash   
        Installing a new backsplash is a relatively simple and inexpensive task that can have a big impact. Metal tiles, glass, and other materials can be used to make your home's backsplash look sleek and attractive.

      • Modernized lighting   
        Many kitchens have outdated lighting, which negatively impacts the entire appearance and functionality. Choosing upgrades such as pendant lights or interior cabinet lighting can instantly make your kitchen brighter and focus light exactly where you need it.

      Contact us if you're interested in listing your home. Our experienced, knowledgeable agents can suggest upgrades that will make your kitchen and home more attractive to prospective buyers while providing a good return on your investment.


      Beware of Fake Tax Websites


      Millions of Dollars are Lost Each Year to Tax Scams

      From Your Friends at Integrity Computer Consulting and Repair

      The IRS provides a comprehensive list of things to look out for here:

      However, we are noticing a new trend on the rise; fake tax websites that mimic or look similar to TurboTax, or other popular online tax filing services.   We are also seeing a rise in phishing emails and malicious pop-ups claiming to be from these well-known tax filing sites.

      What can you do to protect yourself and your tax information?

      1. Make sure your computer is updated before starting and logging into any online tax service.
      2. Make sure your computer is clean before starting and logging into any online tax service. We recommend that you run malware removal software each time you login to any online tax program. (MalwareBytes is a free malware removal program that can be downloaded here: Select your operating system under the home section and install.)
      3. Do not visit a tax site from an email or advertisement on Google. Check the web address and make sure you are going to the correct site.  All tax sites have an SSL which means there is security on the site for logging in.  The address should always start with https:// Be cautious of any numbers, letters, or weird domain extensions in the web address.
      4. Do not click on any or call any numbers from popups that say they are from customer support.
      5. Be careful when calling for support, call the number from the tax filing website, not the ones from Google search results.
      6. When saving a copy of your tax return, password protect it. This can be done with Adobe Acrobat (not Adobe Reader) or by putting it into a zip file. Or print and save a paper copy in a secure location.


      Please call our office at 208-288-4345 or email us at if you have any questions or would like an appointment to help with any of the above.


      Quick Sales & Home Prices Driven By Insufficient Supply

      Insufficient Supply & Rising Home Prices Continue 

      By Breanna Vanstrom, Chief Executive Officer, Boise Regional REALTORS®


      Builders and prospective home sellers have been unable to keep up with the persistent demand from homebuyers, stemming from general population growth, Millennials "aging into" the traditional homeownership years, in-migration due to our comparative affordability, and now, the ability for many to work from anywhere.​

      These reasons, coupled with historically low​ mortgage rates, have resulted in buyer demand outpacing supply for years, which has been driving​ the growth in home prices and increasing the speed of the market.​ In February 2021, the median sales price was $452,400 — up 25.5% year-over-year — and the average days on market metric was 19 days — down 62.0% year-over-year.

      Rising home prices are good news for​ prospective sellers, allowing them to utilize​ any equity gained to help with the purchase​ of their next home or a variety of other opportunities. According to a recent Homeowner Equity Insights report from CoreLogic, Idaho ranked second among all states in which homeowners gained the most equity between 2019 and 2020, $48,500 on average year-over-year.

      Despite the equity sellers may bring to their next purchase, the tight supply of inventory has made some hesitate to put their current home up for sale until they find their next one.

      At the end of February 2021, there were just 168 existing homes for sale — 51.2% fewer than in February 2020. However, there were 65 more homes for sale at the end of February than in January, an increase of 63.1% month-over-month, which we hope is an early indicator of more inventory coming online as the weather warms up.

      Looking at weekly activity through the second week of March, new listings were nearly even with 2020 and just below 2019. This is a trend BRR will continue to monitor, keeping in mind any year-over-year comparisons to April 2020 will be skewed due to COVID-19 restrictions.

      For those shopping in the new construction segment, there were just 135 homes for sale at the end of February — 80.6% less than the same month last year, and a month-over-month decrease of 18.7%. However, we have heard from some builders that they are selling properties yet-to-be-built, meaning more new homes are available than indicated in the inventory counts.

      This tight supply has contributed to the fast, competitive market with homes receiving accepted offers quickly after being listed. Looking at just the existing/resale segment, in February, homes were on the market for just 10 days on average, compared to 32 days last year — a decrease of 68.8% and the fastest we have on record.

      New Listings by Week for Existing - Ada County

      If you are considering selling your home soon or anytime this year, talk to a REALTOR® right away. Together, you can make a plan that will coordinate your sale and purchase around a timeline that best suits you, keeping these fast market times in mind.

      In this planning stage and as part of this pre-sale consultation, your REALTOR® will advise you on what's needed to prepare your home, such as how to declutter, how much to invest in staging, repairs, or updates (or even if that is needed) and will then coordinate the professional marketing to help your home show best and be seen by the widest audience of potential buyers.

      Your REALTOR® can also prepare you for the financial and legal implications related to your home sale and purchase, including, but not limited to the following:

      • Determining the appropriate pricing strategy based on nearby sales and the demand for homes like yours.
      • How to best evaluate multiple offers and which contingencies you are willing to accept from buyers (or not).
      • How to avoid fair housing violations when marketing the home and evaluating offers.
      • Tips to keep you safe and your property secure as it relates to COVID-19, audio and video recording devices, property photos, and other potential risk factors.
      • Disclosure of adverse material facts that may be present on the property and whether a pre-listing inspection or home warranty may be worthwhile.
      • Ways to mitigate any capital gains tax, utilize a 1031 tax-deferred exchange or bridge loan, whether or not you should consider a leaseback… and much more.
      Stages of a Real Estate Transaction

      In each of our reports in 2021, BRR is focusing on the various phases of a real estate transaction to help consumers be prepared before, during, and after a real estate transaction, showing them what their REALTOR® will be doing for them along every step, and the key data points they can look for to make sense of the market. 

      To view the Treasure Valley Market Report for February, CLICK HERE.



      DIY Projects Buyers Will Appreciate

      DIY Boise Projects

      DIY projects can have more of an impact than you'd think. For the cost of nothing more than your time and some inexpensive supplies, you can make your house look more put-together and appealing to prospective buyers. Here are a few easy DIY projects our real estate agents recommend.

      1. Paint the interior.
        It's amazing how much difference a new coat of paint can make, and it's something that's easy (if a little time-consuming) to do yourself. Freshen walls with new paint or cover up hard-to-sell paint colors with pleasant neutral tones. Cabinets in the bathroom and kitchen can be painted too for an easy, updated look.

      2. Match your cabinet hardware.
        What's one thing about a newly renovated kitchen or bathroom? Everything always matches. You can get that same matchy-matchy look yourself by picking out updated, matching hardware for your cabinets. It's easy to change out and will take only an hour or so. It's also a perfect way to finish off freshly painted cabinetry!

      3. Update bathroom fixtures.
        Nothing makes a bathroom look outdated faster than clunky old fixtures. Replacing the faucets in your bathroom or kitchen takes little to no plumbing expertise. With the right tools and armed with advice from home improvement store employees and online videos, you should be able to complete this simple project. The end result: attractive modern fixtures that can do a lot for the overall look of your bathrooms. And while you're at it, the same goes for your kitchen sink!

      4. Change out light fixtures.
        While you're painting and considering which neutral tone to go with, think about changing out those outdated light fixtures. Changing out lighting is a little higher level DIY but still fairly manageable if you're handy around the home. Installing updated lighting fixtures can help you to not only make your home look more modern but also dramatically improve the lighting inside your home. Better lit homes show better and will be more tempting to buyers.

      5. Freshen your landscaping.
        Another easy DIY project you can do is to add interest to your yard. If you've maintained the landscaping around your house, you may not have much to do other than freshening it up a little. But if your yard is very plain and boring, consider adding a little landscaping in a few choice places, especially in the front of the house, with special attention around the front porch. This will help brighten your home's curb appeal and make its listing stand out from other Boise homes for sale.

      It's important to be fair and honest with yourself about how much DIY you can handle, but there are plenty of easy projects you can do yourself to help improve your home's value. To consult with an agent about what your home might need before it's ready to be listed, contact us today.


      Are You Tired of Spam Phone Calls?


      Dealing with Phone Solicitors and Spam Calls

      From Your Friends at Integrity Computer Consulting and Repair

      Did you know that even answering these types of calls puts you on a list of "live" numbers? These phone lists are sold for pennies on the dollar. It's a vicious cycle! While telecom companies are starting to ramp up protections, many spam calls get through. Our recommendations? 

      1. Try not to answer numbers you do not know. If it is important, the caller will leave a voicemail or send you a text.
      2. You can always Google the entire phone number and see where it is registered.
      3. Try not to use your phone number to sign up for anything if it's not required.
      4. Use a second-party app to help mitigate spam callers. 

      The Truecaller and Hiya apps are proving to be pretty reliable in blocking these annoying calls… without ads… without tanking your battery life, and they are easy to use! If spam does come through, with a few clicks in the app, you can add the number to their ever-growing database of spammers. Find it in your phone's app store for both Apple and Android.

      If you have any questions, would like help with your Mac, need help installing or uninstalling any programs, removing malware, or viruses, you can always check in with us! These things can also be done remotely. Please contact our office via phone at 208.288.4345 or email if you need immediate assistance.


      Economic News from Our Lending Partners at Idaho Central Credit Union



      Last Week's Labor Report Shows a Mixed Employment Picture

      Overview: Over the past week, news about the pandemic, government stimulus proposals, the labor market, and inflation caused some daily volatility for mortgage markets. The net effect of these influences was minor, however, and rates ended the week with little change.

      Friday's key labor market report contained mixed news, but it is clear that the pandemic has slowed the pace of hiring in recent months. In January, the economy gained 49,000 jobs, which was very close to expectations. However, revisions subtracted 159,000 jobs from the results for prior months. The unemployment rate unexpectedly plunged to 6.3%, below the consensus forecast of 6.7%. A significant portion of the decline was due to the departure of 406,000 workers from the labor force, though, which is a sign of weakness. Average hourly earnings, an indicator of wage growth, were 5.4% higher than a year ago, which was well above the consensus forecast.

      The diminished economic activity resulting from the pandemic has caused inflation to fall, which is one of the factors responsible for the decline of mortgage rates to record-low levels. While investors are concerned that inflation may rise later in the year, current readings show no signs of this happening. The Consumer Price Index (CPI) is a widely followed monthly inflation report that looks at the price change for goods and services. In January, core CPI was just 1.4% higher than a year ago, which was lower than expected and down from an annual rate of increase of 1.6% last month.

      Lawmakers continue to negotiate the details of additional coronavirus relief measures. President Biden proposed a $1.9 trillion package, and investor expectations for the final figures vary widely. Increased government spending is negative for mortgage rates since treasury bonds must be issued to fund it, which causes yields to rise.

      Looking ahead, investors will continue watching COVID case counts, vaccine distribution, and negotiations on the size of additional government relief measures. In addition, the retail sales report will be released on February 17. Since consumer spending accounts for over two-thirds of all economic activity in the U.S., the retail sales data is a key indicator of growth.

      For more detailed economic information, or to discuss how this affects you, please contact one of our mortgage loan officers by clicking the image below!



      Our Fast-Paced Housing Market Continues in 2021

      Insufficient Inventory and Low Mortgage Rates Continue 

      By Breanna Vanstrom, Chief Executive Officer, Boise Regional REALTORS®


      The first month of 2021 saw a continuation of 2020 trends — insufficient inventory compared to demand, faster market times than a year earlier, and persistently low mortgage rates — which combined, led to a new record median sales price of $454,000 in January.

      Looking specifically at existing homes, the median sales price was at $443,500 in January, also a record, and an increase of 30.4% from last year. For many sellers, higher home prices usually mean greater equity, which can be used for another home purchase, to fund a business, send a child to college, or a variety of other opportunities.

      For some buyers, the higher prices have caused affordability challenges, while others have found the low mortgage rates have increased their purchase power, helping them buy despite the rising prices. The average rate for a 30-year fixed mortgage was 2.73% in January 2021 compared to 3.60% last year.

      Most buyers and sellers have also experienced a competitive, fast-paced market where offers and decisions must be made quickly. To understand just how fast things have been moving, we looked at the average pace of existing home sales in Ada County over the last 15 years.

      In the chart below, the gray bars show the average time between when an offer to purchase a home was accepted and when the sale officially closed. That has remained at 34 days, on average during this period, and is the stage in which the buyer and seller, with the help of their REALTOR®, lender, home inspector, and title company, work through the final mortgage approval, and any appraisals, home inspections, or repairs.

      The stage that has sped up significantly is the time between when a home is listed and when an offer is accepted, as illustrated by the blue bars falling well below 30 days by 2020. This is important to point out because it is the reason sales can be higher year-over-year despite falling inventory. Here's why: Inventory is reported as a snapshot of what is available for sale on the last day of each month, so if a home were listed on the first day of the month and then when under contract on the 17th of the month, the home would show up as a pending sale in our monthly reports but never as an active listing or available inventory. While our market is experiencing low inventory, these fast turnaround times have created a misperception that there is "no inventory."

      DOM graphic Jan 21

      This acceleration has made the market feel frantic for many home buyers. In 2015, for example, after being listed a seller could expect to accept an offer in about 43 days, on average. Prior to then, they may have fielded multiple showings, had a few open houses and had some buyers back for a second or third showing before receiving an offer. By 2020, that timeframe dropped to just 17 days, on average, meaning, if a buyer saw a home they liked, they may only have a few days, or hours even, to decide whether to make an offer as there were likely others interested.

      In January 2021, that fell even further, as the average days on market for existing homes was at just 13 days — 66.7% faster than the same month last year.

      To be competitive in these situations, many buyers have offered full list price or more, which is another reason the overall median sales price rose again. In January 2021, the percent of the original list price received on existing home sales was 103.5%, compared to 97.2% in January 2020. This indicates that multiple offer situations are becoming more common, and buyers are willing to pay more to get an accepted offer. Among existing homes, the $400,000–$699,999 price range for existing homes was the most competitive, with the percent of original list price received reaching 104% or more, in January.

      Also, as more buyers purchased existing homes at higher price points — with the biggest increase among homes selling for more than $700,000 — that further contributed to a higher median sales price in January. For example, in January 2021, just 5.5% of the existing homes that sold were for more than $700,000, compared to 15.8% in January 2020. This mix of homes sold had a significant impact in pushing up the overall median sales price for the county.

      Existing homes by price range Jan 2021

      Market statistics are helpful indicators of the housing market overall, but what does the process of buying or selling look like for the individual?

      In 2021, BRR will dig deeper into the various phases of a real estate transaction, to help consumers be prepared before, during, and after a real estate transaction, showing them what their REALTOR® will be doing for them along every step, and the key data points they can look for to make sense of the market.

      These two scenarios outlined above – faster market times and more off-market sales – make it imperative to work with a REALTOR®.

      A REALTOR® provides buyers the advice and data needed to make informed decisions quickly and may be able to identify properties that are not yet on the market. Sellers find value in a REALTOR®'s ability to help evaluate multiple offers, oversee the negotiating process, as well as all the legal, financial, and administrative steps that come after the offer has been accepted in the pending stage. And for both groups, a REALTOR® can provide guidance in planning and preparing for a purchase or listing, long before any offers are accepted or for sale signs are put up.

      To view the Treasure Valley Market Report for January, CLICK HERE.



      Coldwell Banker Real Estate Recognized by the Women's Choice Award

      Design Trends

      Women's Choice Award® recipients have earned the 2021 award for being recommended by 9 out of 10 customers.

      by Athena Snow, Coldwell Banker Blue Matter

      MADISON, N.J. (January 25, 2021)  In a national survey conducted by the Women's Choice Award, over 85% of the Coldwell Banker Real Estate LLC's female customers who have had experience with the brand say they would recommend Coldwell Banker Real Estate to their friends and family. For the fourth year in a row, The Women's Choice Award has recognized Coldwell Banker for its exceptional customer recommendation rating, earning the brand the coveted 2021 Women's Choice Award®

      The exclusive set of products and services that earn the award have the honor of touting the Women's Choice Award designation, honoring their achievement as having 9 out of 10 of their female customers highly recommend them. As recommendation ratings are the pinnacle for determining true brand loyalty and love, the Women's Choice Award is a powerful indicator of a brand's commitment to their customers. The Women's Choice Award seal also represents Coldwell Banker's commitment to empowering women to make the best consumer choices for themselves and their families.

      The Women's Choice Award is a significant and meaningful accomplishment in real estate because women are at the heart of most transactions. Women make or influence 91% of home-buying decisions and make up two-thirds of all real estate agents. Coldwell Banker has incorporated many diversity and inclusion programs committed to the advancement of women leadership efforts, including the CB Women initiative and What Moves Her campaign, that are dedicated to making sure women are provided with opportunities for career growth.


      "At Coldwell Banker, we value women in real estate. I am beyond proud to work for a brand that empowers women to take on leadership roles and strives to make the industry better. Through our work with our Inclusive Ownership program and What Moves Her initiative, we are continuously exploring new ways to support leadership development, promote shared values, and provide resources for enhancing leadership tools and capabilities for women in the industry."

       Liz Gehringer, chief operating officer of Coldwell Banker Real Estate

       "Today's marketplace is more cluttered than ever, yet women have less time than ever to sift through the saturated online options and store shelves. And with women on a constant hunt to identify the best brands for herself and her family, the Women's Choice Award serves as a trusted endorsement and visual beacon of empowerment, simplifying her choices. When consumers see that other women recommend a brand, through the Women's Choice Award seal, it provides an unparalleled level of trust and validation, putting her mind at ease- and that's priceless."

       Delia Passi, founder and CEO of the Women's Choice Award


      Interior Design Trends to Know About in 2021

      Design Trends

      With 2020 behind us, our real estate agents are excited about the new possibilities 2021 represents. A new calendar is a blank slate, and maybe not just for you, but for your home too. So as we look to the future, keep these up-and-coming design trends in mind for your next home project. 

      1. Light Wood Tones
        A case could be made that wood is always in style. It's just the way we utilize it that changes. Lighter woods are a big design trend to watch out for in 2021. Taking a cue from Scandinavian inspiration, light woods bring a raw, natural look to any space. It's not just for floors, either. Lighter woods can help transform ceilings, shelves, cabinetry, even furniture. We love designs that let the natural light tones of the wood shine through, without dark and overpowering stains and finishes. 
      2. Modern Vintage Looks
        Striking a balance between the old-fashioned and the contemporary has been a growing trend that will continue through 2021. A big part of it has to do with incorporating vintage (or vintage-inspired) looks with their contemporary counterparts in a way that doesn't feel overpoweringly or artificially old-timey. Doing so creates not only contrast but balance. 
      3. Functional Comfort
        As we let a tough year go on its way, a desire for comfort and connection will play a huge role in shaping the biggest interior design trends of 2021. That includes an increased emphasis on soft curves, overstuffed furniture, and traditional, comforting designs. It's also about making spaces functional as well as comfortable. For example, if you have a formal sitting room, 2021 is the year to re-imagine it as a more welcoming, functional, and comforting space. 
      4. Bold Wall Colors
        Expect to see light and neutral walls give way to bolder tones this year. As we spend more time at home, there comes a need to introduce more life and color into our living spaces. If you're planning on repainting one or more rooms in your house this year, consider making a statement with your color choice, especially in living rooms and dining rooms. In other places (especially bedrooms), more relaxing neutrals are still the go-to choice. 
      5. Your Home, Your Office
        With record numbers of people working from home this year, many remote workers are discovering that they really do like working remotely. And a lot of companies are discovering that letting their employees work from home is actually a sustainable business model. We predict that more and more people will take the time to set up a truly epic home office this year. Choose a room with natural light, paint it a relaxing color, and get creative with storage options. If you weren't satisfied with your office at work, you can create your dream office at home. 

      Whether you're planning on listing your Boise area home for sale in the new year or are simply planning a DIY project to improve your own living space, we're here to help. Contact us today to learn more. 


      Great Tips from Integrity Computer Consulting


      Proper Passwords & Great Keyboard Shortcuts

      From Your Friends at Integrity Computer Consulting and Repair

      Password Best Practices

      To help safeguard your card data and personal information on sites that require a login, we recommend:

      1. Make sure your password is secure even if the site you're logging into does not require it.  We recommend using a combination of upper and lower case letters, with numbers AND special characters, and not using any recognizable words.  For example, a password of "Ilovedogsalot" can be made more secure by changing all the vowels to look-alike numbers and special characters, breaking up the actual words into something more secure: !L0v3d0Gs@Lo+ 
      2. Use two-step authentication if it is available.
      3. Get into a habit of changing your password on a schedule (especially if it is a site that houses financial information or credit card numbers), even though it is a pain, we recommend changing passwords every 30-90 days. 
      4. Do not use the same password for every site. Make each password different (even if it is off by one or two characters) and keep a record of it.
      5. Write your passwords down or consider using a reputable password keeper like LastPass (


      Tech Tip – Keyboard Shortcuts

      Keyboard shortcuts can make quick work of a lot of things.  They can be valuable when right-click on your mouse doesn't bring up what you want it to, or your mouse is not working.

      Some of the most common keyboard shortcuts are listed below.

      Press this key

       To do this


      Display Help

      Ctrl + C

      Copy the selected item

      Ctrl + X

      Cut the selected item

      Ctrl + V (or Shift + Insert)

      Paste the selected item

      Ctrl + Z

      Undo an action

      Ctrl + Y

      Redo an action

      Ctrl + A

      Select all items in a document or window

      Ctrl + P


      Delete (or Ctrl + D)

      Delete the selected item and move it to the Recycle Bin

      Shift + Delete

      Delete the selected item without moving it to the Recycle Bin first


      Rename the selected item

      Ctrl + Right Arrow

      Move the cursor to the beginning of the next word

      Ctrl + Left Arrow

      Move the cursor to the beginning of the previous word

      Ctrl + Down Arrow

      Move the cursor to the beginning of the next paragraph

      Ctrl + Up Arrow

      Move the cursor to the beginning of the previous paragraph

      Ctrl + Shift with an arrow key

      Select a block of text


      Search for a file or folder

      Ctrl + Mouse scroll wheel

      Change the size of icons on the desktop


      Display the address bar list in Windows Explorer

      Shift + F10

      Display the shortcut menu for the selected item

      Ctrl + Esc

      Open the Start menu


      Activate the menu bar in the active program

      Right Arrow

      Open the next menu to the right, or open a submenu

      Left Arrow

      Open the next menu to the left, or close a submenu

      F5 (or Ctrl + R)

      Refresh the active window

      Alt + Up Arrow

      View the folder one level up in Windows Explorer


      Cancel the current task

      Ctrl + Shift + Esc

      Open Task Manager

      Ctrl + Alt + Delete

      Lock the Computer, Switch User, Sign out, Change Password, and Open Task Manager

      Shift when you insert a CD

      Prevent the CD from automatically playing

      Windows logo key

      Open or close the Start menu.

      Windows logo key  + Pause

      Display the System Properties dialog box.

      Windows logo key  + D

      Display the desktop.

      Windows logo key  + M

      Minimize all windows.

      Windows logo key  + Shift + M

      Restore minimized windows to the desktop.

      For a full list of keyboard shortcuts for all operating systems and common programs visit:

      If you have any questions about anything above, would like help with your Mac, need help installing or uninstalling any programs, removing malware, or viruses, you can always check in with us! These things can also be done remotely. Please contact our office via phone at 208.288.4345 or email if you need immediate assistance.


      Your Guide to the Colors of the Year for 2021

      Colors of the Year 2021

      Color makes a huge difference in the appearance of your home's interior and exterior, with few changes making such a huge impact for a relatively small amount of money. 2021's colors of the year have been named by paint companies and color experts, and they're inspired by the need to create a sense of calmness, wellbeing, and optimism after a trying 2020.
      Our real estate agents share the colors of the year for 2021 and suggest some of the best ways to use these hues on the inside and outside of your home:  

      1. Aegean Teal   
        Paint company Benjamin Moore has named Aegean Teal, a soothing blend of blue and green with subtle hints of gray, as its color of the year for 2021. It's a versatile mid-tone rich enough to impart a good amount of color, but it also has an earthy quality. Radiating warmth and wellbeing, the color is comforting, and according to Benjamin Moore, it makes the home feel more like home. Try using it as an accent color on a wall or in a small room, or paint your front door in this cozy color.
      2. Moss Green 
        This natural-looking color can work with a variety of styles. Use it in rooms with wood and natural fibers, and moss green brings a touch of nature's tranquility.

      3. Beige 
        Beige brings a feeling of comfort to a home, and it's expected to be popular in 2021. Different textures will help beige stand out, and it pairs well with decorative elements in darker tones.

      4. Euphoric Magenta   
        Behr's Euphoric Magenta is reminiscent of jewel tones and adds a touch of sophistication to your home. Despite its richness, it's a soothing shade that can be used successfully on only one wall or throughout the room.

      5. Ultimate Gray and Illuminating
        Pantone has chosen two colors of the year for 2021 – Ultimate Gray and Illuminating. Ultimate Gray is a solid, dependable color inspired by natural elements like pebbles on a beach, while Illuminating is a warm, cheerfully vibrant yellow. These colors work well together in areas like the kitchen, where Ultimate Gray walls or cabinets can be accented with canisters or other accessories in bursts of Illuminating yellow. The colors can also be used on the front door, with Illuminating being used to brighten up the door and Ultimate Gray used on exterior finishes.

      6. Orange  
        Somewhat surprisingly, orange can be a great addition to your walls. An intense shade of orange is lively and is best used on an accent wall, and a more subtle pastel shade can be used more liberally to bring a touch of summer to your home.
      7. Off White    
        Basic and traditional, off white is about as versatile as it gets. It provides comfort and tranquility and has a warmth that the purest shades of white don't have. Off white can be used in any room since it creates the perfect backdrop for virtually any color scheme.
      8. Turquoise
        Cheerful turquoise works well when it's combined with neutral colors. When combined with ocher (pale yellowish-brown) elements and furniture, it creates an appearance of warmth and sophistication.

      Contact us to see Boise homes for sale, and if you'd like to sell your existing home, we can suggest the best ways to make it more appealing to prospective buyers with updates that will provide the best value. 


      Ada County Real Estate in 2020 - An Overview

      2020 Ada County Real Estate Market Outpaced Previous Years Despite COVID-19

      By Breanna Vanstrom, Chief Executive Officer, Boise Regional REALTORS®


      We cannot have a 2020 review without first addressing the impact that COVID-19 had on the real estate market locally. 

      The year started strong with January 2020 sales 21.5% higher than in January 2019 but began to taper off in February and March as the uncertainties of the pandemic made their way to our local market. In April and May, when our spring market typically begins to ramp up, sales activity dropped by 19.5% and 29.7%, respectively, because of the government-mandated shutdowns and restrictions.  

      Sales began to pick up in June, then jumped 22.0% year-over-year in July, and remained elevated through November, compressing nearly a year's worth of activity into just six months. 

      Despite the many challenges to buying and selling homes during the pandemic, home sales were able to continue due to a greater adoption of virtual technology for showings which limited in-person activities, as well as additional steps taken by REALTORS® to protect clients and properties when meeting in person, couldn't be avoided. 

      In total, 11,728 homes sold in Ada County in 2020 — 5.2% more than in the previous year. The only other time we saw more sales in one year was in 2005 which had 11,974 sales. This represents existing and new construction combined. 

      Low Mortgage Rates Increase Purchase Power 

       Historically low interest rates allowed home sales to quickly recover and then outpace 2019 levels. According to Freddie Mac, the 30-year fixed-rate mortgage in the U.S. was at 3.11% on average in 2020 — the lowest ever based on data going back to 1971. These low rates increased purchasing power for buyers, allowing them to buy despite rising prices, and in some cases, compete in multiple offer situations. 

      Home Prices Driven by Supply vs. Demand 

      A major factor that pushed home prices up was insufficient supply compared to demand, especially for existing inventory. For most of the year, the average Days on Market metric (DOM) for existing homes was at 20 days in 2020, on average, compared to 42 days in 2019. Then in October, DOM dropped to just 13 days — a record low based on data going back to 2004. This meant buyers had to act quickly and write a competitive offer when they found a home. 

      On the last day of December 2020, there were just 333 homes available for sale, for both existing and new construction combined — 79.6% lower than December 2019 and a record low based on data going back to 2004. More inventory is needed to bring balance back into the market at all price points and product types. 

      This begs the question, "How can home sales be up while inventory continues to drop?"  

      Unlike the closed sales metric which reflects all homes sold during the month, the inventory metric fluctuates daily and is based on the number of homes listed as "active" in the multiple listing service on a given day. For our monthly reports, it's the last day of the month. This "snapshot" of inventory compared to a monthly total of sales is one reason we can see more closings than available inventory.  

      Additionally, once a seller accepts an offer, the home is no longer considered available inventory. With the average Days on Market at less than a month, many properties that were available during the month are not reflected in the reported inventory "snapshot" at the end of the month. 

      Factors Restricting Inventory 

      The historically low mortgage rates mentioned earlier also caused a surge in refinancing at the beginning of the year (SOURCE) which likely kept some of the existing homes that may have otherwise been listed for sale off the market. Then after COVID hit, it further reduced the number of homeowners willing to sell due to safety concerns or general uncertainty. While we cannot quantify how many homeowners held back from listing, it was something we heard often from REALTORS® throughout the year. 

      In addition to the impacts of refinancing and safety concerns, there were a variety of other reasons existing/resale inventory has been so limited. Many homeowners have delayed listing until they find their next home, which takes longer due to already limited and fast-moving inventory; some homeowners may not have felt they could "trade up" from their current home due to current prices, despite equity and low mortgage rates; or people may have been unable to manage a sale while working from home or if they had children at home for school. 

      Interestingly, the push to stay home for work and school as a result of COVID had people across the country re-evaluating where they wanted to live. Wills added, "It's no secret that Idaho has been one of the top states experiencing growth over the past few years, and the ability for many to work from anywhere brought more interest than ever, equating to even more demand for homes in our market." 

      The Role of New Construction 

      The lack of existing/resale inventory put tremendous demand on builders, and they have been responding. According to Construction Monitor, 3,336 permits were approved for new single-family homes throughout Ada County during 2020. When we compare this permit count to the 4,010 new homes that sold in 2020, it suggests that we are not overbuilding as demand is absorbing all supply that becomes available, reinforcing the need for continued building.  

      New home sales made up 34.2% of all sales in 2020, up slightly from 2019. New construction typically costs more than an existing home, due to higher increasing land, labor, and materials, so as the share of new home sales increases, it pushed up the overall median sales price. The median sales price for new construction in Ada County in 2020 was $424,995 compared to $375,000 for existing homes. Taking the two segments together, the median sales price for the market overall was $392,230 in 2020. 

      Looking Forward 

      Looking forward to 2021, the Boise Metro area continues to be among many economists' top picks for markets that should see continued growth. The National Association of REALTORS® even included Boise in their list of markets that are "expected to perform well in a post-COVID-19 environment." (SOURCE)  

      To help balance the market out, again, we need more inventory among new and existing product. We hope to see more homeowners list in the coming months and take advantage of the ongoing demand. One additional opportunity for more existing inventory, though, comes from investors holding single-family properties. Investors should talk to a REALTOR® and tax professional to understand their options for selling their rental homes and potentially rolling proceeds into other sectors such as commercial or multi-family to diversify their portfolios. 

      A fast, competitive market like ours presents challenges and opportunities to buyers and sellers alike. Whether you're looking to buy or sell, it's never been more important to work with a REALTOR®. They will help identify potential options for purchase, connect you with a mortgage lender, help craft a competitive offer, and negotiate on your behalf, allowing you to make decisions confidently and quickly to achieve your real estate goals. 

      To view the Treasure Valley Market Report for December, CLICK HERE.



      Housing News from Our Lending Partners at Idaho Central Credit Union



      Housing Ends the Year Strong

      Overview: As usual, trading volume was considerably reduced during the last couple of weeks of the year. The market reaction to the economic news was minor, and mortgage rates remained near-record-low levels.

      The remarkable rebound in the housing market has continued. In November, existing-home sales, which account for roughly 90% of the market, were 26% higher than a year ago and near the best levels since 2006. The median existing-home price was 15% higher than a year ago, also close to record levels. The one drawback was that inventory levels were down 22% from a year ago. The number of homes for sale was at a record-low 2.3-month supply nationally, well below the 6-month supply that is considered a healthy balance between buyers and sellers.

      Sales of new homes, which make up the remaining 10% of the market, also continued at a blistering pace. In November, new home sales were 21% higher than a year ago, yet a lack of inventory has been a constraint in this area as well. Builders say that they are putting up new homes as quickly as possible, but that a lack of land, labor, and materials is limiting the pace of construction.

      Congress passed a $900 billion coronavirus relief bill, which will provide additional assistance to households, small businesses, and healthcare providers. The bill includes an extension of supplemental unemployment benefits of $300 per month and direct payments of $600 to qualifying individuals. Lawmakers continue to discuss whether to increase the amount of these payments.



      Economic Information from Our Partners at Idaho Central Credit Union



      Job Gains Slow; Manufacturing and Services Remain Strong

      Overview: The past week was relatively quiet for mortgage markets. While the key labor market data was a bit weaker than expected, the other major reports were right on target, and they all caused little reaction. Mortgage rates remained near-record-low levels.

      According to the most recent data, the solid rebound from unprecedented job losses has continued, albeit at a slower pace. In November, the economy gained 245,000 jobs, below the consensus forecast of 450,000. The economy has now recovered more than half of the 22 million jobs lost in March and April.

      The unemployment rate matched expectations at 6.7%, falling from a peak of 14.7% in April and a level of 6.9% last month. Average hourly earnings, an indicator of wage growth, were an impressive 4.4% higher than a year ago.

      Two significant reports from the Institute for Supply Management (ISM) released this week were close to anticipated levels. The ISM Services Index came in at 55.9, far above the level of 41.8 seen in April following the partial shutdown of the economy. Readings above 50 indicate an expansion. The ISM Manufacturing Index was even stronger, at 57.5. Since many consumers are spending less money on travel and leisure activities, they are buying more goods, which has boosted manufacturing activity.



      How Pet Owners Should Prepare for a Showing

      Pet Owners Boise

      Man's best friend does make for a good housemate, but unfortunately, not so much of a great real estate agent. Pets are an interesting element of the real estate process. Many of the buyers attending a showing may love animals and even have pets themselves. However, that doesn't mean that they're crazy about moving into a new home that has lingering traces of cats, dogs, or other animals. There are also those who do not like animals and aren't particularly interested in purchasing a home that once housed pets. If you're a pet owner, our real estate agents suggest these tips on how to prepare for a successful showing:

      • Step 1: Find a place for your pet.
        You definitely need to find a temporary place for your pets. First, ask your neighbors if they can watch your animal for a few hours. If they cannot, consider taking the animal to a friend or family member's house or a pet sitting service.

      • Step 2: Remove evidence of pets.
        As you prepare to stage your home, you'll need to remove all evidence of your animals. Before thinking about cleaning or damages, first, focus on physical items that either belong to your pets or represent your pets. Water and food bowls, beds and furniture, toys, and supplies, all of these items should be stored away. You may also want to remove any photos or décor that may alert prospective buyers to the fact that you share your space with an animal.

      • Step 3: Repair all damages inside.
        It's best to take care of any repairs in the home before cleaning so that you can ensure the whole home is completely clean. Go around each room and seek out damages from your pet. Keep an eye out for claw marks on the floors or furniture, wall marks where pets or their furniture rub, carpet stains, and hair clumps under furniture. If you can, throw away and replace heavily used spots like area rugs.

      • Step 4: Professionally deep clean your home.
        Though it should go without saying, you should always invest in a professional cleaning service to make your home sparkle. If you have pets, choose a cleaning service that knows how to combat animal odors and debris. Some scents may be imperceptible to the human nose, while some pet dander can linger even after a good dusting. An experienced cleaning company specializing in pets will make your home look, feel, and smell like no animals are on the lease.

      • Step 5: Repair all damages outside.
        Now that your interior has been taken care of, it's time to focus on the exterior. Many pet owners don't notice just how much of their outdoor space receive wear and tear from pets. Fill all holes in the yard and clean up any "presents" left behind. Remove all outdoor pet toys or furniture. Fix any areas where damage may be noticeable, such as scratch marks on a wooden fence or bite marks on any outdoor human furniture.

      A pet is a wonderful guest to have in your home, but you should also understand why buyers may not be wagging their tails at the thought of sharing the same space. Contact us today for more pet-proof staging advice before listing your property alongside our Boise homes for sale.


      Ada County Home Prices Driven by Insufficient Supply Compared to Demand

      Ada County Home Prices Driven by Insufficient Supply Compared to Demand, Fueled by Low Mortgage Rates

      By Breanna Vanstrom, Chief Executive Officer, Boise Regional REALTORS®


      There were 887 homes sold in Ada County last month with a median sales price of $425,000 — the point at which half of the homes sold for more and half sold for less. This new record is a result of insufficient supply compared to persistently strong demand, fueled by historically low mortgage rates. 

      As mortgage rates have fallen, homebuyers' purchase power has increased and for some, so has their willingness to offer higher purchase prices to be competitive, which has also had an impact on the overall median sales price. 

      The 30-year fixed-rate mortgage was at 2.77% on average in November 2020, according to Freddie Mac — down 24.3% from last year. Based on the median sales price, a buyer with this rate could expect a monthly mortgage payment (principal and interest only) of $1,565 if they put 10% down or $1,391 if they put 20% down.  

      For buyers who are selling a property and then purchasing another, their down payment often comes from the incredible equity that has built up over the past few years, as home prices have risen. However, many first-time homebuyers report securing a down payment was the most difficult task in the home buying process.  

      [NOTE: There are a variety of down payment and closing cost programs available through the Idaho Housing and Finance Association, the City of Boise, and the Boise City/Ada County Housing Authorities, among others. Reach out to a REALTOR® and mortgage lender to find out what resources may be available for your specific needs and situation.] 

      In a report from the National Association of REALTORS®, 22% of non-homeowners surveyed nationwide said that rising rents was holding them back from saving from a down payment, second only to their income level.  According to data from Apartment, the average monthly rent in Ada County was at $1,106 in November, up 10.6% or approximately $106 per month compared to last year. 

      A $1,106 monthly mortgage payment, based on the latest interest rates and a 20% down payment, is roughly the equivalent of a $270,000 home. In November, 138 homes sold at or below that price, which represented 14.4% of all sales.  

      While rents remain more affordable than purchasing when looking at market averages, the pressure of rising rents and increased purchase power due to low mortgage rates is pushing many renters to become homebuyers, adding additional demand to the market. 

      As noted, 887 Ada County homes sold in November, another 1,700 were under contract and should close within the next month or so, and an additional 408 homes were listed as available inventory. 

      These numbers beg the question, "How can there be more home sales than homes available for purchase in a given month?" While we explained this in detail in last month's report, it's important to note that our inventory data is a snapshot of what's available for purchase on the last day of each month, not a cumulative total of the homes that were available for purchase throughout the month. 

      As the supply of homes remained insufficient compared to demand, and as more buyers compete for the inventory that is available, the speed of the market continued to accelerate. 

      In November, the number of days between when a home was listed and went under contract was at 13 days for existing homes (compared to 32 days in November 2019) and 29 for new construction (compared to 57 days). Meaning that properties can be listed and go under contract without ever being reflected in our inventory numbers. As long as the average days on market metric remains below 30 days, we could continue to see higher monthly sales numbers compared to available inventory. 

      A fast, competitive market like ours presents challenges and opportunities to buyers and sellers alike. We are not seeing a typical winter slow down. In fact, throw out all of your preconceived notions about the best time to buy or sellIf you're ready to enter the market as a buyer or seller, a REALTOR® will be your most valuable resource in helping you make decisions quickly, navigate

      To view the Treasure Valley Market Report for November, CLICK HERE.


      Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 02/07/2023. The listing information on this page last changed on 02/07/2023. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of INTERMOUNTAIN MLS (last updated Tue 02/07/2023 7:13:58 AM EST). Real estate listings held by brokerage firms other than Coldwell Banker Tomlinson may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. --

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