As I have previously posted, I prepare my Ada County Real Estate Market Review of the prior year each January. This exhaustive 547-line Excel spreadsheet helps me to understand the details of what is happening in the Boise real estate market. Starting ... »
Intermountain MLS has cautioned its members after learning about a Craigslist rental scam that occurred here in Boise. Information about a home listed for sale in MLS was scraped from a real estate agent’s website and posted on Craigslist as a home for... »
In his State of the Union speech, Tuesday evening, President Obama announced a new mortgage refinancing program that would expand the government’s Home Affordable Refinance Plan (HARP). While short on details, the plan would supposedly allow homeowners... »
The loan servicing business has long needed some regulation and it appears to be on the horizon. 2012 will likely be the year that federal government requires standardization of mortgage loan servicing policies. Look for more loan modifications and per... »
The Federal Housing Administration (FHA) has announced that it will soon strengthen lending standards to reduce risk of default for FHA loans. New regulations will include stricter requirements for lenders as a condition of being allowed to continue is... »
Bank of America has been forced to restructure and reduce its workforce as it deals with a mountain of delinquent mortgage loans. The company slashed 7,000 jobs during the fourth quarter of 2011 and expects to cut more jobs this year. As part of those ... »
The Mix of Data Statistics can be easily-skewed, depending upon the mix of data. For example, in a small statistical area like Eagle, Idaho, the broad range of property values combined with few sales, can result in widely-varying numbers. A couple of h... »
