Your Real Estate Broker!
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Real Estate News You Can Use
Hundreds of tips on buying and selling. For past seminars, got to www.propertylinetoday.com.
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Jon's Best Buys
BEST BUYS FOR January 2008 ARE OUT!! As you know, the Best Buys are homes that we have researched that are priced in the lower 25% of market, with at least one value element, such as third garage, extra half-bath, fireplace, covered patio
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Dream Home
Use our automated home search. Find your dream home now!!
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Prepaid Legal Services
This is a must for any investor. Only $26.00 per month; can cancel at any time, can enroll online. Use your name as User Name; SSN as password. Contact Realty Center at 343-7186 for more information.
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Free Market Analysis
Learn the current market value of your home by filling out this short questionnaire.
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MLS Search
Make looking for a home easy. Search for any listed property in our regional MLS.
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Realty Center Starts 35th Year!
In 1981 Jon Adamson started Real Pro, Inc. with the primary mission to give professional advice to developers and real estate professionals.
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REAL/PRO, INC., HIRES NEW BROKER!!
Real/Pro, Inc., the parent company of Realty Center, effective May 30th, 2007, will have a new Designated Corporate Broker. The corporation, on May 21st 2007, appointed A.J. Edwards, Vice President, to this position. The change of Brokers comes as part of a new Management Services Contract with Magellan Capital Realty located at 3255 E Overland Road in Meridian Realty Center will retain its Corporate Office at 4406 W. Quail Point Court, high on the hill above Boise.
We will have private offices to interview and meet with clients, with our secondary services division, which includes Prepaid Legal Services, FOR 1031, partial interest in commercial real estate, Tamarack Resort, and our in-house mortgage banking. With this change we plan on continuing to meet and exceed expectations while providing premier services to our clients.
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Boise market stable while stock market takes deep dives and national market continues to worry investors. Even after seeing the stock market tumble nearly 800 points, and the demise of sub-prime loans, the Boise market actually increased 11% in 2006 (the year the bubble was going to burst!!) and again the market had positive appreciation of 6.8% in 2007 (the worst year for real estate since the Great Depression!!! The Boise market has seen the lowest price home on the market HIT BOTTOM and has incresed in price for the last three months. We feel homes in Boise should see a 7+% increase in 2008. The Meridian market remains stable and unchanged except the number of homes for sale is down and this could result in higher prices as supply go down. Nampa showed a second slight decline even though the number of homes for sale has nearly doubled. For all the current economic numbers, go to Jon's Best Buys and enter your password. Realty Center has increased staff, and has opened a new office to better help investors take advantage of this spectaculare real estate investment market!! As I predicted in my January 2008 Property Line Today broadcast, 2008 would show steady growth through the end of the elections and probably ending in less than double-digit appreciation for the year: unless the Federal Reserve further reduces interest rates and the banks sort out the credit crunch. If the later happens then Boise could see price jump up even higher. Since I made my predictions many publications have named Boise the third/fourth, or first best place in the nation to do everything from start a business to retire. Boise is one of a handful of major market areas that is currently showing increases in prices for homes, the lowest unemployment, and an expanding job market. All indicators are showing interest rates will remain stable, if not actually go down, should the shaky stock market take another tumble. Compared to our sister cities in the Pacific Northwest, the same Best Buy home would cost at least $100,000 more in any of the other cities we survey.
Our economic research shows that the only negative indicator right now is the Consumer Confidence Index, which measures confidence and the fear level of the population, which includes you, the investor. When the Index is high, people are scared, and the Index is at an all-time high. In spite of this, home prices continue to go up; they’re higher than they were two years ago, and will continue to go up. It’s this fear that is keeping people from taking advantage of some of these great Best Buys. Gas prices up? Sure, but they’ve been coming back down across the nation. The media said that sub-prime loans caused the stock market to crash, banks to fail, and painted a picture of neighborhoods where every other home was in foreclosure. None of this became a reality. The investors that didn’t stop investing made 100% return on their 10% investment, and were able to grow exponentially, or finish off their portfolio, and start putting real money in their pocket.
Just like we said, one of the fears that many people had was the “bubble.” Well, folks, the “bubble” didn’t appear, it didn’t “burst,” and homes in Ada County had double-digit appreciation, and if they can go up in the worst year since the Great Depression like last year then they will continue to go up in 2008. Don’t believe us – check our Best Buys at the left – ooops – I forgot. Only registered clients can access this information; call today to set up an appointment that we guarantee will change your life. Call Realty Center at 343-7186.
Call Jon (343-7186) or A. J. Edwards (283-6534) to see these homes -- and to become one of our Smart Investors and to take advantage of our Free Investor Workshops. Or, e-mail us at RealtyCenter@cableone.net to save THOUSANDS on your investment property or next home!!
If you’ve bought a home for investment and it has recently become vacant, give us a call because many times the home has appreciated enough to warrant paying our commission, along with paying 2% in closing costs for a new investor, and you will still make 100% profit on your 10% original investment in the property.
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