It’s been nearly a year since I went into full time, on-site new construction sales and the blog has had to suffer from it. I’ve recently however changed builders and positions and have a bit more time to dedicate to sharing news and updates with you about the Boise Real Estate Market.
Over two years ago I decided to take the leap into residential new construction training at NAHB and since have had the outstanding opportunity to work in some of Boise and Meridian’s most distinctive communities. I haven’t abandoned my existing home/resale business and still enjoy working with buyers and sellers outside of new construction. Let’s face it, new construction isn’t for everyone–I haven’t figured out why just yet, but there are still plenty of people who like the skull-splitting experience of a short sale. Honestly, they still freak me out, but I’ll do em if I have to.
Red Feather Community
I’m currently working with Berkeley Building Company on-site in the ever successful Red Feather community. It’s a great location, excellent community that is still thriving even after the real estate crash. It’s clear that community wide there is pride of ownership and a real commitment to a clean, safe and happy subdivision.
As I’m writing this, the Julius M. Kleiner Memorial Park is under construction directly adjacent to Phase 6 & 7 of Red Feather. In fact, there will be direct pedestrian access into the park from our community! What a bonus
Also worth of noting is the Community Pool and Clubhouse that every Red Feather owner has access to as well as the Fiber Optic feed to each house.
Berkeley Building Company
Working with Joe Atella has got to be one of the best real estate experiences that I’ve been a part of in my 7+ years in the business. He’s committed to doing the right thing every time and has a real passion for his work. His homes are practical, dynamic and exciting. He brings a real creative mind and approach to the design process (well of course, he’s an Architect), yet allows room for the clientele to add their own personal touch as needed.
As far as amenities goes, he’s got it nailed. When you walk into the model, it’s all included. There is no bait and switch or funky “base pricing” programs that many production builders in the area are known for. He keeps it real, he keeps it practical and of course he’s the bridge between quality and affordability. You can check it his website for more details and information about his company. He’s a real class act!
It’s been a while since I’ve crunched numbers market wide, but here’s the water cooler dish. Inventory is shoring up, but buyers aren’t. There are fewer homes on the market than we’ve seen in many years and it’s probably not going to get better (for buyers that is). There’s over 1000 fewer homes on the market right now than the same time last year.
Not only do the stats show it, but buyers and agents are creating a buzz.
New construction is also doing well, especially as the “used” inventory dries up we’re seeing a higher demand for new homes. Soon though, we’ll be running into a Class A lot shortage and it will take most lookers by surprise. Mark my words. The window of affordability and quality in new construction is closing and county wide, I’ve seen price increases consistently.
That’s it for now, if you have any questions, please ask, if you have any comments, please share and if you have a Facebook Account, please follow and share this post! Till next time!
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