Idaho Falls Real Estate Video Blog with Shawn Anderson

What Do Rising Idaho Falls Home Prices Mean for You?

There are many great Idaho Falls area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home,click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (208) 227-5357 for a FREE home buying or selling consultation to answer any of your real estate questions.

The Idaho Falls marketplace is unlike anything I've seen in my 8 years in real estate. For most of my career, it was a buyer's market because values were dropping through the floor. It was tough for homeowners and agents alike, as the market hit rock bottom.

In the last few years, the market has made a comeback in a big way. Finally, we're starting to see symptoms of a seller's market! We've recently dropped below five months of inventory in our area, which is great news for people who are looking to sell their homes. There are currently 573 homes on the market in Bonneville County and we're averaging 113 sales a month. If we continue to sell at this rate and no other homes come on the market, we'll be out of inventory in a matter of 4.9 months!

Homes are selling closer to asking price and we're seeing multiple offers on many listings. Prices are rising and we expect them to continue to do so moving forward. Now would be a great time to get top dollar for your home, sell it quickly, and lock in a low interest rate on your next home!

If you have any questions about market conditions in your area, or if you would like real estate assistance of any kind, give us a call or shoot us a quick email! We would love to send you over some of the more detailed numbers and chat about your particular situation.

We look forward to hearing from you!

One of the Biggest Names in Real Estate Endorses the Anderson Group

Last year, I was privileged to do something really neat for our business. You may have seen it already, but I posted a picture to Facebook of me and Barbara Corcoran hanging out in New York City. It received a lot of great feedback, and the time I was able to spend with a genius like her was truly remarkable.

Many of you asked whether I was on the Shark Tank show as a contender - unfortunately, I was not in New York for that. However, I did sign an agreement with Barabara to endorse the Anderson Group! I was in New York to shoot a commercial with her, which was a whole lot of fun!

If you haven't seen the commercial, here are some of the highlights of what Barbara had to say about our team:

"To sell your home on time for the most money, you need a sharp agent with a marketing strategy that creates the most demand. Bottom line: You need a partner willing to put their own money on the line for you!"

"In Idaho Falls, I would hire Shawn Anderson. His marketing creates so much demand that if your home doesn't sell at a price and deadline you agree to, Shawn will buy it!"

We truly appreciate the kind words Barabara shared about our team. We are also thankful for all of our clients and past clients who help us get better with each transaction. Feel free to share this great video with your friends, I know I will!

As always, if you need real estate assistance of any kind, feel free to reach out to me by phone or email. I would love to hear from you!

What Do Changes in the Idaho Falls Market Mean for You?

Today, we're going to give you a quick recap of what the Anderson Group saw from the Idaho Falls market in 2014. Then, we'll discuss what recent trends mean for our market moving forward.

Overall, 2014 was a pretty interesting year. We expected prices to rise quite a bit after the market began its recovery in 2013, but they ended up remaining pretty steady throughout the year. For instance, take a look at the numbers from Bonneville County over the last two years:

Houses sold:

2013: 1,398 sold
2014: 1,439 sold

Median home price:

2013: $144,000
2014: $145,000
We're expecting greater appreciation this year.

Inventory

Closed 2014 with a supply of 4.4 months.
We're selling about 124 homes a month.

As you can see, not much changed between January of 2013 and January of 2014. Home sales and prices have remained pretty steady, and we're currently in a market that slightly favors sellers.

We're expecting our market to continue it's steady growth in 2015. A lot of new houses are coming onto the market, and interest rates are still low. If you have been on the fence about buying or selling, now is the time to act. We can't predict what 2015 will bring, but most experts are expecting rates to rise.

If you want to take advantage of the market before it cools off, give us a call or shoot us an email. We would love to help you achieve your real estate goals!