Monthly Archive
for: ‘September, 2011’

Bank Slashes Price – Beautiful 1 Acre homesite with water, power, paved street & more. Now $89,000

As you drive into this quality acreage community of Griffin Ranch you will notice the beautiful street scape as the boulevards are wide, the roads are paved and are lined with post and rail log fencing. Of course in the background views

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Most Sun Valley Buyers Aren’t Local – Look who’s looking . . .

Below is a list of the zip codes people live that have visited my personal real estate website, www.GeorgeMartinJr.com within the past 45 days. A high percentage of visitors stay on the site in excess of 60 minutes searching for properties. According to the 2010 Profile of Home Buyers and Sellers released by the Association …

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Home Prices Show Seasonal Strength, But 4% Below a Year Ago

New York, September 27, 2011 – Data through July 2011, released today by S&P Indices for its S&P/Case-Shiller 1 Home Price Indices, the leading measure of U.S. home prices, showed a fourth consecutive month of increases for the 10- and 20-City Composites, with both up 0.9% in July over June. Seventeen of the 20 MSAs …

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Why would you buy a new home?

New-home sales reached a seasonally adjusted annualized rate of 298,000 in July, down from 323,000 last year, and a far cry from 2005, when 1.28 million new homes were sold, according to the Census Bureau and the Department of Housing and Urban Development. Still, buying new does have benefits. Despite a likely higher price tag, …

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US home sales jump 7.7 pct as foreclosures rise

The number of Americans who bought previously occupied homes rose in August. But the sales were driven by an increase in foreclosures, a sign that home prices could fall further next year and slow a housing recovery. The National Association of Realtors said Wednesday that home sales rose 7.7 percent last month to a seasonally …

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Silver Creek Horse Ranch – Extraordinary Property

Spacious custom built Santa Fe style home located on spectacular property with Silver Creek frontage near Sun Valley. The single level design features 4500 square foot of unique, private living. The property is beautifully landscaped with mature trees overlooking the facilities and beyond. Ownership includes private ownership of Silver Creek frontage, plus access rights to …

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August Monthly Indicators Show Americans’ Pessimism on the Economy

Americans’ pessimism about the economy, home prices, and household finances are deepening, according to findings from Fannie Mae’s August National Housing Survey. More than three quarters of Americans (78 percent) say the economy is on the wrong track and only 16 percent think the economy is on the right track (compared to 70 percent wrong …

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41+ Acres, Cabin, Shop, Creek and Pond – $249,950

41+ usable acres with fenced pastures, horse shelters, pond and 1,335 feet of Elk Creek frontage. Property is a corner piece with lightly traveled county maintained roads on 2 sides and is an ideal horse setup with access to back country riding. In the winter, ride your snowmobiles right out of the ranch to groomed …

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10 States With the Highest Foreclosure Rates – Idaho Ranks #5

For the 56th straight month, Nevada continued to have the highest foreclosure rate in the country, where one in every 118 homes received a foreclosure filing during August, according to the latest figures from RealtyTrac. Nationally, 1 in every 570 households received a foreclosure filing in August. Meanwhile, five states accounted for 53 percent of …

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New Federal Ad Campaign Aimed at Distressed Homeowners

The federal government is increasing efforts to help distressed homeowners avoid foreclosure with new public service announcements about programs that could lower their monthly mortgage payments. The departments of Treasury, and Housing and Urban Development, have joined with the nonprofit Ad Council in a series of new television, radio, print, and online spots to inform …

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200% Surge in Bank of America Foreclosures

Bank of America is ramping up its foreclosure processing, sending out far more notices of default to borrowers in August than in previous months, well over 200 percent more month-to-month. A notice of default is the first stage of the foreclosure process in non-judicial foreclosures states, that is, where foreclosures do not go before a …

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Million-Dollar Foreclosures Aren’t That Rare

Million-dollar homes aren’t escaping foreclosure, or the hefty price discounts that often come with it. The number of homes in foreclosure that have mortgages that are $1 million or higher are nearly twice as high now as they were in 2007, representing about 2.3 percent of all homes in foreclosures, according to RealtyTrac. “We’re seeing …

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Weather Forecast: Sun Valley, Idaho
  • Chance of Snow
    Today
    34°F / 7°F
  • Mostly Sunny
    Fri
    34°F / 16°F
  • Snow Showers
    Sat
    25°F / 5°F

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